What does Automotive Axles do?

Jul 17 2025 07:03 AM IST
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Automotive Axles Ltd is India's largest independent manufacturer of Rear Drive Axle Assemblies, established in 1981 as a joint venture between Bharat Forge and Meritor. As of March 2025, it reported net sales of ₹5,596 Cr and a net profit of ₹459 Cr, with a market cap of ₹2,736 Cr.
Overview:
Automotive Axles Ltd is the largest independent manufacturer of Rear Drive Axle Assemblies in India, operating within the Auto Components & Equipments industry and classified as a Small Cap company.

History:
Incorporated in 1981, Automotive Axles Ltd is a joint venture between Bharat Forge Limited and Meritor Heavy Vehicle Systems LLC. The latest quarterly results reported net sales and profit for March 2025.

Financial Snapshot:
Net Sales: 5,596 Cr (Quarterly Results - Mar 2025)
Net Profit: 459 Cr (Quarterly Results - Mar 2025)
Market Cap: INR 2,736 Cr (Small Cap)

Key Metrics:
P/E: 18.00
Industry P/E: 39
Dividend Yield: 1.77%
Debt-Equity: -0.05
Return on Equity: 17.34%
Price to Book: 3.05

Contact Details:
Address: Hootagalli Industrial Area, Off Hunsur Road Mysore Karnataka : 570018
Tel: 91-0821-7197500
Email: sec@autoaxle.com
Website: http://www.autoaxle.com
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