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Automotive Axles Ltd share price logo

Automotive Axles Ltd

(AUTOAXLES)

₹1781.11.02%

as on 04:01PM, 26 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Automotive Axles Ltd Analyst Rating

based on 1 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 1 analysts offering long term price targets for Automotive Axles Ltd. An average target of ₹2003

Source: S&P Global Market Intelligence

Automotive Axles Ltd Share analysis

Automotive Axles Ltd price forecast by 1 analysts

Upside of11.31%

High

₹2003

Target

₹2003.00

Low

₹2003

Automotive Axles Ltd target price ₹2003, a slight upside of 11.31% compared to current price of ₹1781.1. According to 1 analysts rating.

Source: S&P Global Market Intelligence

Automotive Axles Ltd Performance

  • Day's Low

    Day's High

    ₹1,770
    Day's Price Range
    ₹1,809
  • 52 Week's Low

    52 Week's High

    ₹1,720
    52-Week Price Range
    ₹2,257
1 Month Return+ 2.26 %
3 Month Return-4.5 %
1 Year Return-16.67 %
Previous Close₹1,799.45
Open₹1,799.50
Volume4,710.00
Upper Circuit-
Lower Circuit-
Market Cap₹2,718.97Cr

Automotive Axles Ltd Key Statistics

P/E Ratio0
PEG Ratio0
Market Cap₹2,718.97 Cr
P/B Ratio3.04
EPS0
Dividend Yield0
SectorAuto Ancillaries
ROE20.32

Automotive Axles Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹2,718.97 Cr23.46%0.51NANA
NA₹348.16 Cr79.75%0.71₹4 Cr₹143 Cr
BUY₹25,938.64 Cr6.52%0.58NANA
NA₹199.63 Cr79.36%0.73NANA
BUY₹4,160.28 Cr19.45%0.57₹87 Cr₹2,043 Cr

About Automotive Axles Ltd

Automotive Axles, a joint venture between the Kalyani Group and Rockwell International Corporation, manufactures all types of complete axles and axle assemblies including components and corresponding brake sets, and automotive gears and air and hydraulic activated brake assemblies. It started a Rs 30.3cr project in Jul 84 which enabled it to enter the capital market. However, the company encountered difficulties in 196 when its networth began to erode and it began restructuring its capital in consultation with financial institutions. The company came out with a rights issue in Feb.95 as part of its expansion project to develop manufacturing capacity of both axles and brakes. By 19992000, the company achieved an impressive 20% growth in sales as the company increased its penetration into both domestic and export markets. It has also secured a techincal licensing arrangement with both Ashok Leyland and Volvo India Ltd. and already achieved export business worth US 4 Million.

Share Price: ₹1781.10 per share as on 26 Dec, 2024 04:01 PM
Market Capitalisation: ₹2,718.97Cr as of today
Listing date: 23 Mar, 1995
Chairperson Name: Baba Kalyani
OrganisationAutomotive Axles Ltd
Headquarters
IndustryAuto Ancillaries
E-voting on sharesClick here to vote

Key events for Automotive Axles Ltd

  • Automotive Axles Faces Shareholder Rejection - 17 Dec, 2024

    Minority shareholders of Automotive Axles Ltd rejected related party transactions with Meritor HVS India Ltd, raising concerns about transparency and potential value erosion. This decision could disrupt AAL's operations, as 80% of its sales come from MHVSIL. The shares fell 0.9% to ₹1,807.85 following the news.
  • Automotive Axles Reports Strong Q2 FY25 Performance - 26 Nov, 2024

    Automotive Axles Ltd reported an 11.3% increase in Q2 FY25 revenue to Rs. 895 crores and a 101.4% rise in net profit to Rs. 139 crores. The stock is undervalued with a P/E ratio of 23 compared to the industry average of 29.2. It has delivered impressive returns of 92.8% over the past year and 75.2% year-to-date.

Insights on Automotive Axles Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 0.58% to 0.63% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 11.51% to 12.64% in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Cummins India Ltd has given 66.6% return, outperforming this stock by 83.3%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Cummins India Ltd has given 267.3% return, outperforming this stock by 246.1%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 71.04% of holdings in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, AUTOAXLES stock has moved down by -16.7%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 16.82% to 15.56% in Sep 2024 quarter

Automotive Axles Ltd Financials

Value in ₹ crore
Details2021202220232024
Total Assets₹947.41Cr (-)₹1,047.55Cr (↑10.57%)₹1,160.63Cr (↑10.79%)₹1,233.50Cr (↑6.28%)
Total Liabilities₹393.36Cr (-)₹426.49Cr (↑8.42%)₹401.31Cr (↓5.90%)₹357.56Cr (↓10.90%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹197.80Cr (-)₹48.69Cr (↓75.38%)₹43.29Cr (↓11.09%)₹51.61Cr (↑19.22%)₹260.16Cr (↑404.09%)

Index Inclusions

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹54,893.21

-0.24 (-129.96%)

Automotive Axles Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
71.04%
0.00
Foreign Institutions
0.63%
8.61
Mutual Funds
12.64%
9.83
Retail Investors
15.56%
-7.51
Others
0.13%
166.94

Automotive Axles Ltd Key Indicators

Details20202021202220232024
Return On Equity %7.694.6312.6623.4820.32

Automotive Axles Ltd Earnings and Dividends

  • Automotive Axles Ltd Earnings Results

    Automotive Axles Ltd’s net profit fell -20.23% since last year same period to ₹35.97Cr in the Q2 2024-2025. On a quarterly growth basis, Automotive Axles Ltd has generated 5.64% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Automotive Axles Ltd Dividends May,2024

    In the quarter ending March 2024, Automotive Axles Ltd has declared dividend of ₹32 - translating a dividend yield of 1.78%.

    Read More about Dividends

Automotive Axles Ltd Technicals Summary

Bearish

Neutral

Bullish

Bearish

Automotive Axles Ltd is currently in a Bearish trading position according to technical analysis indicators.

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Automotive Axles Ltd (AUTOAXLES) share price today is ₹1781.1

Automotive Axles Ltd is listed on NSE

Automotive Axles Ltd is listed on BSE

  • Today’s highest price of Automotive Axles Ltd is ₹1809.
  • Today’s lowest price of Automotive Axles Ltd is ₹1770.

Today’s traded volume of Automotive Axles Ltd(AUTOAXLES) is 4,710.00.

Today’s market capitalisation of Automotive Axles Ltd(AUTOAXLES) is ₹2718.97Cr.

Automotive Axles Ltd(AUTOAXLESPrice
52 Week High
₹2257
52 Week Low
₹1720

Automotive Axles Ltd(AUTOAXLES) share price is ₹1781.1. It is down -21.09% from its 52 Week High price of ₹2257

Automotive Axles Ltd(AUTOAXLES) share price is ₹1781.1. It is up 3.55% from its 52 Week Low price of ₹1720

Automotive Axles Ltd(AUTOAXLESReturns
1 Day Returns
-18.35%
1 Month Returns
2.26%
3 Month Returns
-4.5%
1 Year Returns
-16.67%