Partner With Us NRI

Automotive Axles Ltd share Price Today

Company details

6M Return 0.07%
1Y Return 14.20%
Mkt Cap.(Cr) 3,387.13
Volume 15,899
Div Yield 1.43%
OI Chg %
Volume 15,899

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500
About The Stock

    Automotive Axles (AAL), established in 1981, is largest independent manufacturer of rear axle drive assemblies in India (primarily for CVs; M&HCV).

    • As of FY20, rear drive axles comprise ~60% of its topline with brakes share at ~20% and other parts comprising the rest
    • It counts all major OEMs as its clients in CV domain with prominent names being Ashok Leyland, VECV Commercial Vehicles, M&M among others

    The company reported a healthy performance in Q4FY22.

    • Total operating income for Q4FY22 came in at ₹ 552 crore, up 48% QoQ
    • EBITDA came in at ₹ 62 crore with margins at 11.2%, up 190 bps QoQ
    • PAT for the quarter was at ₹ 38.8 crore, up 96.1% QoQ

Click here for full recommendation

Research view on more stocks


Investment recommendation
Call Date
21 Feb 2023
Entry Price 2,580.00
Target Price 3,000.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Automotive Axles Ltd Stocks COMPARISION


Equity Capital: 759.32 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 19,382.05 35,983.55
LAST 3M 58,542.74 18,995.44
LAST 6M 99,640.08 90,958.37
LAST 12M 166,983.77 138,194.89

Automotive Axles Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Promoted as a joint venture by the Kalyani group and Rockwell International Corporation, US, (35.52% stake) in 1981, Automotive Axles manufactures all types of complete axles and axle assemblies including components and corresponding brake sets. It also manufactures automotive gears and air- and hydraulic-activated brake assemblies. The company`s Rs 30.3-cr project at Hootagali near Mysore, commenced commercial production in Jul.`84. The company entered the capital market with a public issue. It came out of the purview of the Sick Industrial Companies Act, 1985. But, the very next year, its networth started to erode. So, in 1994-95, it embarked on a restructuring of the capital in consultation with financial institutions. The company came out with a rights issue in Feb.`95 to part-finance an expansion project to increase the manufacturing capacity of axles and brakes. During 1996-97, the expansion of Axles capacity has been completed and of brakes was put on hold in view of down turn in the market. The company managed to achieve an impressive 20% growth in sales during the year 1999-2000. As the company is continuing to pursue its efforts on increasing penetration into other domestic and export market opportunities, Meritor HVS (India) Ltd has tied-up technical licensing arrangement for new products for Ashok Leyland and Volvo India Ltd., and already export business worth US $ 4 Million has been achieved.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 505010
Book Closure Date (Month) :
BSE Group : B
ISIN : INE449A01011

FAQ’s on Automotive Axles Ltd Shares

You can buy Automotive Axles Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Automotive Axles Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 08, 2023 03:54 PM the closing price of Automotive Axles Ltd was ₹ 2,241.35.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 08, 2023 03:54 PM, the market cap of Automotive Axles Ltd stood at ₹ 3,387.13.

The latest PE ratio of Automotive Axles Ltd as of Dec 08, 2023 03:54 PM is 18.36

The latest PB ratio of Automotive Axles Ltd as of Dec 08, 2023 03:54 PM is 0.23

The 52-week high of Automotive Axles Ltd is ₹ 2,693.20 while the 52-week low is ₹ 1,872.05

According to analyst recommendations, Automotive Axles Ltd has a “Buy” rating for the long term.

Download Our App

market app
market app