About Automotive Axles Ltd 
Automotive Axles Ltd
Small Cap
Auto Ancillary
Automotive Axles Limited is a joint venture company incorporated in 1981, between Bharat Forge Limited, Pune, India and Meritor Heavy Vehicle Systems LLC, USA (35.52% equity stake). The Company is the largest independent manufacturer of Rear Drive Axle Assemblies in the country and is primarily engaged in manufacturing of Axles and Brakes at Mysore, Rudrapur and Jamshedpur. The Company's Rs 30.3- Cr. project at Hootagali near Mysore, commenced commercial production in Jul.'84.
Company Coordinates 
Company Details
Hootagalli Industrial Area, Off Hunsur Road Mysore Karnataka : 570018
Registrar Details
Integrated Enterprises (India) Ltd , 30, Ramana Residency, 4th Cross, Sampige Road, Malleswaram, Bangalore
Capital Structure 
Present Equity Capital
INR None Cr
Number of Shares
None Cr
Face Value
INR None
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
No Details Available.
Shareholding Snapshot
Shareholding Compare (%holding) 
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 10 Schemes (12.92%)
FIIs
Held by 38 FIIs (0.55%)
Promoter with highest holding
Bf Investment Limited (35.52%)
Highest Public shareholder
Nippon Life India (various Schemes) (8.81%)
Individual Investors Holdings
13.26%
Management
Designation
Remuneration
Baba Kalyani
Chairman & Non Executive Dir.
2.0 lacs
Kenneth James Hogan
Non Executive Director
0
B B Hattarki
Independent Non Exe. Director
4.5 lacs
B C Prabhakar
Independent Non Exe. Director
4.5 lacs
Shalini Sarin
Independent Non Exe. Director
2.5 lacs
Nagaraja Sadashiva Murthy Gargeshwari
Whole-time Director
1.77 cr
Raw Materials Dashboard 
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Dashboard 
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Axles
1,879.54
96.93%
Sale of Scrap and Others
54.52
2.81%
Tooling Income
3.69
0.19%
Axles
Axles
Sale of Scrap and Others
Sale of Scrap and Others
Tooling Income
Tooling Income
Revenue and Profits:
Net Sales:
531 Cr
(Quarterly Results - Dec 2024)
Net Profit:
40 Cr
Auto Ancillary
INR 2,456 Cr (Small Cap)
16.00
28
2.00%
-0.05
17.14%
2.70