Automotive Axles Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: April 24, 2025, 9:58 pm

Market Cap	2,540 Cr.
Current Price	1,686
High / Low	2,214/1,520
Stock P/E	16.5
Book Value	593
Dividend Yield	1.90 %
ROCE	26.7 %
ROE	20.2 %
Face Value	10.0
PEG Ratio	0.35

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Automotive Axles Ltd

Competitors of Automotive Axles Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Rico Auto Industries Ltd	911 Cr.	67.3	149/49.5	30.5	53.3	0.89 %	8.18 %	5.55 %	1.00
Rane (Madras) Ltd	1,170 Cr.	719	1,529/575		158	0.00 %	6.36 %	43.7 %	10.0
Automotive Axles Ltd	2,540 Cr.	1,686	2,214/1,520	16.5	593	1.90 %	26.7 %	20.2 %	10.0
Industry Average	1,540.33 Cr	824.10		23.50	268.10	0.93%	13.75%	23.15%	7.00

All Competitor Stocks of Automotive Axles Ltd

Quarterly Result

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Sales	374	552	500	475	656	693	532	584	541	572	492	495	531
Expenses	339	490	449	424	578	615	473	518	483	508	444	444	473
Operating Profit	35	62	52	50	78	78	59	66	58	64	49	51	57
OPM %	9%	11%	10%	11%	12%	11%	11%	11%	11%	11%	10%	10%	11%
Other Income	2	0	1	1	1	1	2	4	4	5	6	6	6
Interest	1	1	1	1	1	1	1	1	1	1	1	1	1
Depreciation	9	10	10	10	10	10	9	9	9	9	8	8	9
Profit before tax	27	52	42	41	68	68	51	60	53	59	46	48	54
Tax %	26%	25%	27%	26%	25%	25%	26%	25%	26%	25%	26%	26%	27%
Net Profit	20	39	30	30	51	51	38	45	39	44	34	36	40
EPS in Rs	13.10	25.70	20.12	19.94	33.54	33.62	25.03	29.84	25.91	29.18	22.53	23.80	26.19

Last Updated: March 3, 2025, 5:27 pm

Below is a detailed analysis of the quarterly data for Automotive Axles Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:

For Sales, as of Dec 2024, the value is 531.00 Cr.. The value appears strong and on an upward trend. It has increased from 495.00 Cr. (Sep 2024) to 531.00 Cr., marking an increase of 36.00 Cr..
For Expenses, as of Dec 2024, the value is 473.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 444.00 Cr. (Sep 2024) to 473.00 Cr., marking an increase of 29.00 Cr..
For Operating Profit, as of Dec 2024, the value is 57.00 Cr.. The value appears strong and on an upward trend. It has increased from 51.00 Cr. (Sep 2024) to 57.00 Cr., marking an increase of 6.00 Cr..
For OPM %, as of Dec 2024, the value is 11.00%. The value appears strong and on an upward trend. It has increased from 10.00% (Sep 2024) to 11.00%, marking an increase of 1.00%.
For Other Income, as of Dec 2024, the value is 6.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 6.00 Cr..
For Interest, as of Dec 2024, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
For Depreciation, as of Dec 2024, the value is 9.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8.00 Cr. (Sep 2024) to 9.00 Cr., marking an increase of 1.00 Cr..
For Profit before tax, as of Dec 2024, the value is 54.00 Cr.. The value appears strong and on an upward trend. It has increased from 48.00 Cr. (Sep 2024) to 54.00 Cr., marking an increase of 6.00 Cr..
For Tax %, as of Dec 2024, the value is 27.00%. The value appears to be increasing, which may not be favorable. It has increased from 26.00% (Sep 2024) to 27.00%, marking an increase of 1.00%.
For Net Profit, as of Dec 2024, the value is 40.00 Cr.. The value appears strong and on an upward trend. It has increased from 36.00 Cr. (Sep 2024) to 40.00 Cr., marking an increase of 4.00 Cr..
For EPS in Rs, as of Dec 2024, the value is 26.19. The value appears strong and on an upward trend. It has increased from 23.80 (Sep 2024) to 26.19, marking an increase of 2.39.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 9:11 pm

Metric	Sep 2013	Sep 2014	Mar 2015n n 6m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	643	677	459	1,086	1,172	1,520	1,939	952	906	1,491	2,324	2,229	2,089
Expenses	589	620	424	990	1,059	1,353	1,710	859	840	1,356	2,066	1,983	1,868
Operating Profit	54	57	35	96	114	167	229	93	66	135	257	246	221
OPM %	8%	8%	8%	9%	10%	11%	12%	10%	7%	9%	11%	11%	11%
Other Income	2	6	3	1	2	5	3	6	3	4	5	16	24
Interest	9	7	4	6	1	1	1	2	3	2	3	3	3
Depreciation	29	29	17	39	39	43	46	37	36	36	41	36	34
Profit before tax	19	26	16	52	75	128	185	60	30	100	218	223	208
Tax %	32%	30%	36%	33%	34%	34%	34%	31%	25%	26%	26%	25%
Net Profit	13	18	11	35	49	84	122	41	23	74	162	166	154
EPS in Rs	8.40	12.03	6.97	23.01	32.70	55.54	80.43	27.22	15.04	49.21	107.22	109.95	101.70
Dividend Payout %	24%	21%	14%	24%	24%	24%	24%	25%	30%	30%	30%	29%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	40.00%	71.43%	45.24%	-66.39%	-43.90%	221.74%	118.92%	2.47%
Change in YoY Net Profit Growth (%)	0.00%	31.43%	-26.19%	-111.63%	22.49%	265.64%	-102.82%	-116.45%

Automotive Axles Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 8 years from 2016-2017 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	13%
5 Years:	3%
3 Years:	35%
TTM:	-11%

Compounded Profit Growth
10 Years:	29%
5 Years:	6%
3 Years:	87%
TTM:	-11%

Stock Price CAGR
10 Years:	9%
5 Years:	29%
3 Years:	0%
1 Year:	-11%

Return on Equity
10 Years:	15%
5 Years:	15%
3 Years:	19%
Last Year:	20%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:39 am

Month	Sep 2013	Sep 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	15	15	15	15	15	15	15	15	15	15	15	15	15
Reserves	265	279	287	312	361	429	523	517	539	606	744	861	882
Borrowings	51	92	62	30	0	0	73	35	29	23	28	22	27
Other Liabilities	94	139	156	169	189	290	322	161	364	401	369	332	301
Total Liabilities	425	525	521	526	566	734	933	728	947	1,045	1,157	1,230	1,225
Fixed Assets	183	166	177	168	146	118	109	255	245	259	245	227	220
CWIP	7	23	17	9	7	17	116	24	32	3	6	6	8
Investments	0	0	0	0	0	0	0	0	12	17	0	21	47
Other Assets	235	336	327	349	413	600	709	449	658	766	905	976	950
Total Assets	425	525	521	526	566	734	933	728	947	1,045	1,157	1,230	1,225

Below is a detailed analysis of the balance sheet data for Automotive Axles Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is ₹15.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 15.00 Cr..
For Reserves, as of Sep 2024, the value is ₹882.00 Cr.. The value appears strong and on an upward trend. It has increased from 861.00 Cr. (Mar 2024) to ₹882.00 Cr., marking an increase of 21.00 Cr..
For Borrowings, as of Sep 2024, the value is ₹27.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 22.00 Cr. (Mar 2024) to ₹27.00 Cr., marking an increase of 5.00 Cr..
For Other Liabilities, as of Sep 2024, the value is ₹301.00 Cr.. The value appears to be improving (decreasing). It has decreased from 332.00 Cr. (Mar 2024) to ₹301.00 Cr., marking a decrease of 31.00 Cr..
For Total Liabilities, as of Sep 2024, the value is ₹1,225.00 Cr.. The value appears to be improving (decreasing). It has decreased from 1,230.00 Cr. (Mar 2024) to ₹1,225.00 Cr., marking a decrease of 5.00 Cr..
For Fixed Assets, as of Sep 2024, the value is ₹220.00 Cr.. The value appears to be declining and may need further review. It has decreased from 227.00 Cr. (Mar 2024) to ₹220.00 Cr., marking a decrease of 7.00 Cr..
For CWIP, as of Sep 2024, the value is ₹8.00 Cr.. The value appears strong and on an upward trend. It has increased from 6.00 Cr. (Mar 2024) to ₹8.00 Cr., marking an increase of 2.00 Cr..
For Investments, as of Sep 2024, the value is ₹47.00 Cr.. The value appears strong and on an upward trend. It has increased from 21.00 Cr. (Mar 2024) to ₹47.00 Cr., marking an increase of 26.00 Cr..
For Other Assets, as of Sep 2024, the value is ₹950.00 Cr.. The value appears to be declining and may need further review. It has decreased from 976.00 Cr. (Mar 2024) to ₹950.00 Cr., marking a decrease of 26.00 Cr..
For Total Assets, as of Sep 2024, the value is ₹1,225.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,230.00 Cr. (Mar 2024) to ₹1,225.00 Cr., marking a decrease of 5.00 Cr..

Notably, the Reserves (882.00 Cr.) exceed the Borrowings (27.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Sep 2013	Sep 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	54	-6	92	57	97	51	106	198	49	43	52	260
Cash from Investing Activity +	-24	-25	-18	-25	-23	-27	-157	-59	-40	-27	-84	-182
Cash from Financing Activity +	-30	30	-70	-35	-40	-15	47	-105	-10	-15	-31	-56
Net Cash Flow	-0	-0	3	-3	35	9	-4	34	-1	2	-63	22

Free Cash Flow

Month	Mar 2015n n 6m	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2013	Sep 2014
Free Cash Flow	35.00	66.00	114.00	167.00	156.00	58.00	37.00	112.00	229.00	224.00	3.00	-35.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Sep 2013	Sep 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	65	93	140	67	72	80	65	47	114	95	78	60
Inventory Days	71	89	129	52	45	47	50	88	116	68	50	58
Days Payable	52	71	149	64	75	88	70	65	168	114	69	65
Cash Conversion Cycle	84	110	119	55	42	39	45	70	62	49	60	52
Working Capital Days	79	102	132	61	56	59	53	69	78	65	74	88
ROCE %	8%	9%	6%	16%	21%	31%	35%	11%	6%	17%	31%	27%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%	71.04%
FIIs	0.83%	1.43%	1.08%	1.35%	0.74%	0.71%	0.73%	0.70%	0.67%	0.63%	0.51%	0.58%
DIIs	13.64%	13.50%	14.45%	13.31%	13.21%	13.88%	13.53%	12.47%	12.00%	11.96%	11.97%	11.51%
Public	14.49%	14.03%	13.43%	14.30%	15.02%	14.37%	14.71%	15.81%	16.31%	16.38%	16.49%	16.88%
No. of Shareholders	19,944	18,935	17,806	18,273	19,993	19,661	26,820	31,769	37,152	34,527	30,108	29,496

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Small Cap Fund	759,518	0.26	157.75	759,518	2025-04-22 17:25:41	0%
Nippon India ELSS Tax Saver Fund	571,598	0.72	118.72	571,598	2025-04-22 17:25:41	0%
SBI Contra Fund	200,000	0.11	41.54	200,000	2025-04-22 17:25:41	0%
Bandhan Multi Cap Fund	40,000	0.34	8.31	40,000	2025-04-22 17:25:41	0%
Bandhan Transportation and Logistics Fund	30,000	1.05	6.23	30,000	2025-04-22 17:25:41	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	109.95	107.22	49.20	15.04	27.22
Diluted EPS (Rs.)	109.95	107.22	49.20	15.04	27.22
Cash EPS (Rs.)	134.02	134.60	73.30	38.87	51.85
Book Value[Excl.RevalReserv]/Share (Rs.)	579.63	502.46	410.97	366.63	352.00
Book Value[Incl.RevalReserv]/Share (Rs.)	579.63	502.46	410.97	366.63	352.00
Dividend / Share (Rs.)	32.00	32.00	15.00	4.50	6.80
Revenue From Operations / Share (Rs.)	1475.10	1537.65	986.38	599.24	629.93
PBDIT / Share (Rs.)	173.37	173.62	91.94	48.24	66.84
PBIT / Share (Rs.)	149.30	146.25	67.84	24.42	42.21
PBT / Share (Rs.)	147.54	144.32	66.20	19.96	39.67
Net Profit / Share (Rs.)	109.95	107.22	49.20	15.04	27.22
PBDIT Margin (%)	11.75	11.29	9.32	8.05	10.61
PBIT Margin (%)	10.12	9.51	6.87	4.07	6.70
PBT Margin (%)	10.00	9.38	6.71	3.33	6.29
Net Profit Margin (%)	7.45	6.97	4.98	2.51	4.32
Return on Networth / Equity (%)	18.96	21.33	11.97	4.10	7.73
Return on Capital Employeed (%)	25.12	28.15	15.82	6.33	11.18
Return On Assets (%)	13.51	14.00	7.11	2.40	5.64
Long Term Debt / Equity (X)	0.00	0.01	0.01	0.02	0.03
Total Debt / Equity (X)	0.01	0.01	0.02	0.02	0.03
Asset Turnover Ratio (%)	1.87	2.11	1.50	1.08	1.15
Current Ratio (X)	2.92	2.37	1.90	1.75	2.59
Quick Ratio (X)	2.17	1.75	1.40	1.20	1.60
Inventory Turnover Ratio (X)	6.64	7.79	5.36	3.73	3.68
Dividend Payout Ratio (NP) (%)	29.10	13.99	9.14	5.31	93.68
Dividend Payout Ratio (CP) (%)	23.87	11.14	6.13	2.05	49.18
Earning Retention Ratio (%)	70.90	86.01	90.86	94.69	6.32
Cash Earning Retention Ratio (%)	76.13	88.86	93.87	97.95	50.82
Interest Coverage Ratio (X)	98.72	90.01	56.32	24.56	55.90
Interest Coverage Ratio (Post Tax) (X)	63.61	56.58	31.14	9.93	24.88
Enterprise Value (Cr.)	2581.85	3543.37	2533.19	1526.43	523.01
EV / Net Operating Revenue (X)	1.16	1.52	1.70	1.69	0.54
EV / EBITDA (X)	9.85	13.50	18.23	20.94	5.18
MarketCap / Net Operating Revenue (X)	1.19	1.54	1.74	1.75	0.60
Retention Ratios (%)	70.89	86.00	90.85	94.68	6.31
Price / BV (X)	3.04	4.71	4.18	2.86	1.09
Price / Net Operating Revenue (X)	1.19	1.54	1.74	1.75	0.60
EarningsYield	0.06	0.04	0.02	0.01	0.07

After reviewing the key financial ratios for Automotive Axles Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 109.95. This value is within the healthy range. It has increased from 107.22 (Mar 23) to 109.95, marking an increase of 2.73.
For Diluted EPS (Rs.), as of Mar 24, the value is 109.95. This value is within the healthy range. It has increased from 107.22 (Mar 23) to 109.95, marking an increase of 2.73.
For Cash EPS (Rs.), as of Mar 24, the value is 134.02. This value is within the healthy range. It has decreased from 134.60 (Mar 23) to 134.02, marking a decrease of 0.58.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 579.63. It has increased from 502.46 (Mar 23) to 579.63, marking an increase of 77.17.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 579.63. It has increased from 502.46 (Mar 23) to 579.63, marking an increase of 77.17.
For Dividend / Share (Rs.), as of Mar 24, the value is 32.00. This value exceeds the healthy maximum of 3. There is no change compared to the previous period (Mar 23) which recorded 32.00.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 1,475.10. It has decreased from 1,537.65 (Mar 23) to 1,475.10, marking a decrease of 62.55.
For PBDIT / Share (Rs.), as of Mar 24, the value is 173.37. This value is within the healthy range. It has decreased from 173.62 (Mar 23) to 173.37, marking a decrease of 0.25.
For PBIT / Share (Rs.), as of Mar 24, the value is 149.30. This value is within the healthy range. It has increased from 146.25 (Mar 23) to 149.30, marking an increase of 3.05.
For PBT / Share (Rs.), as of Mar 24, the value is 147.54. This value is within the healthy range. It has increased from 144.32 (Mar 23) to 147.54, marking an increase of 3.22.
For Net Profit / Share (Rs.), as of Mar 24, the value is 109.95. This value is within the healthy range. It has increased from 107.22 (Mar 23) to 109.95, marking an increase of 2.73.
For PBDIT Margin (%), as of Mar 24, the value is 11.75. This value is within the healthy range. It has increased from 11.29 (Mar 23) to 11.75, marking an increase of 0.46.
For PBIT Margin (%), as of Mar 24, the value is 10.12. This value is within the healthy range. It has increased from 9.51 (Mar 23) to 10.12, marking an increase of 0.61.
For PBT Margin (%), as of Mar 24, the value is 10.00. This value is within the healthy range. It has increased from 9.38 (Mar 23) to 10.00, marking an increase of 0.62.
For Net Profit Margin (%), as of Mar 24, the value is 7.45. This value is within the healthy range. It has increased from 6.97 (Mar 23) to 7.45, marking an increase of 0.48.
For Return on Networth / Equity (%), as of Mar 24, the value is 18.96. This value is within the healthy range. It has decreased from 21.33 (Mar 23) to 18.96, marking a decrease of 2.37.
For Return on Capital Employeed (%), as of Mar 24, the value is 25.12. This value is within the healthy range. It has decreased from 28.15 (Mar 23) to 25.12, marking a decrease of 3.03.
For Return On Assets (%), as of Mar 24, the value is 13.51. This value is within the healthy range. It has decreased from 14.00 (Mar 23) to 13.51, marking a decrease of 0.49.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 0.2. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.01. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 1.87. It has decreased from 2.11 (Mar 23) to 1.87, marking a decrease of 0.24.
For Current Ratio (X), as of Mar 24, the value is 2.92. This value is within the healthy range. It has increased from 2.37 (Mar 23) to 2.92, marking an increase of 0.55.
For Quick Ratio (X), as of Mar 24, the value is 2.17. This value exceeds the healthy maximum of 2. It has increased from 1.75 (Mar 23) to 2.17, marking an increase of 0.42.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 6.64. This value is within the healthy range. It has decreased from 7.79 (Mar 23) to 6.64, marking a decrease of 1.15.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 29.10. This value is within the healthy range. It has increased from 13.99 (Mar 23) to 29.10, marking an increase of 15.11.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 23.87. This value is within the healthy range. It has increased from 11.14 (Mar 23) to 23.87, marking an increase of 12.73.
For Earning Retention Ratio (%), as of Mar 24, the value is 70.90. This value exceeds the healthy maximum of 70. It has decreased from 86.01 (Mar 23) to 70.90, marking a decrease of 15.11.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 76.13. This value exceeds the healthy maximum of 70. It has decreased from 88.86 (Mar 23) to 76.13, marking a decrease of 12.73.
For Interest Coverage Ratio (X), as of Mar 24, the value is 98.72. This value is within the healthy range. It has increased from 90.01 (Mar 23) to 98.72, marking an increase of 8.71.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 63.61. This value is within the healthy range. It has increased from 56.58 (Mar 23) to 63.61, marking an increase of 7.03.
For Enterprise Value (Cr.), as of Mar 24, the value is 2,581.85. It has decreased from 3,543.37 (Mar 23) to 2,581.85, marking a decrease of 961.52.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 1.16. This value is within the healthy range. It has decreased from 1.52 (Mar 23) to 1.16, marking a decrease of 0.36.
For EV / EBITDA (X), as of Mar 24, the value is 9.85. This value is within the healthy range. It has decreased from 13.50 (Mar 23) to 9.85, marking a decrease of 3.65.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 1.19. This value is within the healthy range. It has decreased from 1.54 (Mar 23) to 1.19, marking a decrease of 0.35.
For Retention Ratios (%), as of Mar 24, the value is 70.89. This value exceeds the healthy maximum of 70. It has decreased from 86.00 (Mar 23) to 70.89, marking a decrease of 15.11.
For Price / BV (X), as of Mar 24, the value is 3.04. This value exceeds the healthy maximum of 3. It has decreased from 4.71 (Mar 23) to 3.04, marking a decrease of 1.67.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 1.19. This value is within the healthy range. It has decreased from 1.54 (Mar 23) to 1.19, marking a decrease of 0.35.
For EarningsYield, as of Mar 24, the value is 0.06. This value is below the healthy minimum of 5. It has increased from 0.04 (Mar 23) to 0.06, marking an increase of 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Automotive Axles Ltd as of April 25, 2025 is: 1,611.22

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of April 25, 2025, Automotive Axles Ltd is Overvalued by 4.44% compared to the current share price 1,686.00

Intrinsic Value of Automotive Axles Ltd as of April 25, 2025 is: 2,361.40

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of April 25, 2025, Automotive Axles Ltd is Undervalued by 40.06% compared to the current share price 1,686.00

Last 5 Year EPS CAGR: 46.56%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 18.17%, which is a positive sign. The company has higher reserves (508.08 cr) compared to borrowings (36.31 cr), indicating strong financial stability. The company has shown consistent growth in sales (280.62 cr) and profit (103.08 cr) over the years.	The stock has a high average Working Capital Days of 76.33, which may not be favorable. The stock has a high average Cash Conversion Cycle of 65.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Automotive Axles Ltd:
1. Net Profit Margin: 7.45%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 25.12% (Industry Average ROCE: 13.75%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 18.96% (Industry Average ROE: 23.15%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 63.61
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 2.17
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 16.5 (Industry average Stock P/E: 15.67)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.01
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Automotive Axles Ltd. is a Public Limited Listed company incorporated on 21/04/1981 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L51909KA1981PLC004198 and registration number is 004198. Currently Company is involved in the business activities of Manufacture of diverse parts and accessories for motor vehecles sucs as brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, steering columns and steering boxes etc.. Company's Total Operating Revenue is Rs. 2229.17 Cr. and Equity Capital is Rs. 15.11 Cr. for the Year ended 31/03/2024.

INDUSTRY	ADDRESS	CONTACT
Auto Ancl - Dr. Trans & Steer - Others	Hootagalli Industrial Area, Off Hunsur Road, Mysuru Karnataka 570018	sec@autoaxle.com http://www.autoaxle.com

Management
Name	Position Held
Dr. Babasaheb N Kalyani	Chairman
Mr. Nagaraja Sadashiva Murthy Gargeshwari	WholeTime Director & President
Mr. Bhalachandra B Hattarki	Independent Director
Mr. B C Prabhakar	Independent Director
Ms. Bijal Tushar Ajinkya	Independent Director
Mr. Kenneth James Hogan	Director

FAQ

What is the intrinsic value of Automotive Axles Ltd?

Automotive Axles Ltd's intrinsic value (as of 25 April 2025) is ₹1611.22 — 4.44% lower the current market price of 1,686.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 2,540 Cr. market cap, FY2025-2026 high/low of ₹2,214/1,520, reserves of 882 Cr, and liabilities of 1,225 Cr.

What is the Market Cap of Automotive Axles Ltd?

The Market Cap of Automotive Axles Ltd is 2,540 Cr..

What is the current Stock Price of Automotive Axles Ltd as on 25 April 2025?

The current stock price of Automotive Axles Ltd as on 25 April 2025 is 1,686.

What is the High / Low of Automotive Axles Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Automotive Axles Ltd stocks is ₹2,214/1,520.

What is the Stock P/E of Automotive Axles Ltd?

The Stock P/E of Automotive Axles Ltd is 16.5.

What is the Book Value of Automotive Axles Ltd?

The Book Value of Automotive Axles Ltd is 593.

What is the Dividend Yield of Automotive Axles Ltd?

The Dividend Yield of Automotive Axles Ltd is 1.90 %.

What is the ROCE of Automotive Axles Ltd?

The ROCE of Automotive Axles Ltd is 26.7 %.

What is the ROE of Automotive Axles Ltd?

The ROE of Automotive Axles Ltd is 20.2 %.

What is the Face Value of Automotive Axles Ltd?

The Face Value of Automotive Axles Ltd is 10.0.