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Earnings Call

Automotive Axles Earnings Call: Key Takeaways

Automotive Axles delivered strong FY26 results driven by a phenomenal Q4 in the CV industry, though growth was largely a result of replacement cycles and GST benefits.

Highlights
Revenue growth5% YoY revenue growth; Q4 revenue up 18% sequentially.
MarginsEBITDA margins stable at 12.4% through operational efficiencies and productivity.
Demand visibilityPositive CV sentiment; industry hitting 480k units, 16% above FY25.
Management confidenceBalanced and optimistic, supported by strong market demand and internal efficiencies.

Growth

Revenue grew 5% YoY to ₹21,777 million; PAT sustained at 7% margin despite shifting cost structures.

Outlook

Aspirational top-line target of ₹4,000-5,000 crore within 4-5 years, backed by significant upcoming capex.

Risks

High capacity utilization (90%+) and reliance on a single major client (Ashok Leyland) pose concentration risks.

Source

Earnings Call filed with BSE, NSE: AUTOAXLES. Summary written with AI assistance from the document.

Read the document ↗

Automotive Axles Ltd: key numbers

Share price
₹1,709.80
Market cap
₹2,584 Cr
Revenue (annual)
₹2,178 Cr
Net profit (annual)
₹164.4 Cr
P/E (TTM)
14.8×Sector 33.6×
Promoter holding
71.04%+0.00% QoQ
FII holding
0.75%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Automotive Axles Earnings Call Transcript: Key Takeaways

Automotive Axles achieved its highest ever Q1 EBITDA margin at 13.6%, driven by favorable product mix and operational efficiencies despite a moderate 30% market dip in CV volumes.