| Sector |
Automobile & Ancillaries
|
Compare with Sector peers |
| Industry |
Auto Ancillary
|
Compare with Industry peers |
| Website | http://www.autoaxle.com | |
| Market Cap | 2,489.32 Cr. | |
| Enterprise Value(EV) | 2,399.37 Cr. | 2022-03 |
| Financial Indicators | ||
|---|---|---|
| Earnings per share (EPS) | 49.20 | Trailing Twelve Months Ending 2022-03 |
| Price-Earning Ratio (PE) | 33.48 | Trailing Twelve Months Ending 2022-03 |
| Industry PE | 42.22 | Trailing Twelve Months Ending 2022-03 |
| Book Value / Share | 410.97 | Trailing Twelve Months Ending 2022-03 |
| Price to Book Value | 4.01 | Calculated using Price: 1,647.25 |
| Dividend Yield | 0.91 | Period Ending 2021-03 |
| No. of Shares Subscribed | 1.51 Cr. | 15,111,975 Shares |
| FaceValue | 10 | |
| Company Profile | ||
|
Automotive Axles Limited (AAL) a joint venture of Kalyani Group and Arvin Meritor Inc., USA (formerly the automotive division of Rockwell International Corporation) was established in 1981, AAL has developed an impressive domestic OEM clientele that includes Ashok Leyland, Telco, Vehicle Factory, Jabalpur,Mahindra & Mahindra, Volvo and Bharat Earth Movers. The infrastructure at AAL spans highly specialized manufacturing processes involving Friction Welding, CO2 Welding, CNC Machining, Flexible Machine Centres and a range of specially built machines for production of Axles and Brakes. The facilities also comprises Gleason Gear Manufacturing Equipment backed by a modern Heat Treatment Shop including Continuous Carburising and Sealed Quench Furnaces. Wide range of Rear Drive Axles catering to commercial vehicles ranging from 6 Tons to 35 Tons GCW, S-Cam Actuated Quick Change Air Brakes for commercial vehicles, and Trailer Axles for 10 Tons to 13 Tons GVW. The company’s manufacturing facilities are located at Mysore, the company is currently the largest independent manufacturer of Rear Drive Axle Assemblies in the country. Over the years, AAL has developed an impressive domestic OEM clientele that includes Ashok Leyland, Telco, Vehicle Factory, Jabalpur,Mahindra & Mahindra, Volvo and Bharat Earth Movers. AAL exports axle parts to USA, and Italy. The company brought in Rockwell’s state-of-the-art manufactureing technology to India way ahead of its time expecting it would be able to penetrate a market segment in which CV manufacturers were making their own axles. Due to unforeseen delays caused due to various factors, it took it several years to achieve this objective. The company had therefore to be content with the business of contract manufacturing in which it could barely recover variable costs resulting in the accumulation of significant losses with interest and depreciation burden contributing to the erosion of over 50% of the company's net worth which led to its reference to BIFR in 1989. Product range of the company includes:
Milestones:
Awards/ Achievements:
|
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Company Profile
Automotive Axles Limited (AAL) a joint venture of Kalyani Group and Arvin Meritor Inc., USA (formerly the automotive division of Rockwell International Corporation) was established in 1981, AAL has developed an impressive domestic OEM clientele that includes Ashok Leyland, Telco, Vehicle Factory, Jabalpur,Mahindra & Mahindra, Volvo and Bharat Earth Movers.
The infrastructure at AAL spans highly specialized manufacturing processes involving Friction Welding, CO2 Welding, CNC Machining, Flexible Machine Centres and a range of specially built machines for production of Axles and Brakes. The facilities also comprises Gleason Gear Manufacturing Equipment backed by a modern Heat Treatment Shop including Continuous Carburising and Sealed Quench Furnaces. Wide range of Rear Drive Axles catering to commercial vehicles ranging from 6 Tons to 35 Tons GCW, S-Cam Actuated Quick Change Air Brakes for commercial vehicles, and Trailer Axles for 10 Tons to 13 Tons GVW.
The company’s manufacturing facilities are located at Mysore, the company is currently the largest independent manufacturer of Rear Drive Axle Assemblies in the country. Over the years, AAL has developed an impressive domestic OEM clientele that includes Ashok Leyland, Telco, Vehicle Factory, Jabalpur,Mahindra & Mahindra, Volvo and Bharat Earth Movers. AAL exports axle parts to USA, and Italy.
The company brought in Rockwell’s state-of-the-art manufactureing technology to India way ahead of its time expecting it would be able to penetrate a market segment in which CV manufacturers were making their own axles. Due to unforeseen delays caused due to various factors, it took it several years to achieve this objective. The company had therefore to be content with the business of contract manufacturing in which it could barely recover variable costs resulting in the accumulation of significant losses with interest and depreciation burden contributing to the erosion of over 50% of the company's net worth which led to its reference to BIFR in 1989.
Product range of the company includes:
Milestones:
Awards/ Achievements:
| 1 Day |
|
+0.90% |
| 1 Week |
|
+15.43% |
| 1 Month |
|
+0.37% |
| 3 Month |
|
+10.73% |
| 6 Month |
|
+28.54% |
| 1 Year |
|
+16.75% |
| 2 Year |
|
+274.81% |
| 5 Year |
|
+122.39% |
| 10 Year |
|
+235.74% |
| 9 years | 2013-09 | 2014-09 | 2015-03 | 2016-03 | 2017-03 | 2018-03 | 2019-03 | 2020-03 | 2021-03 | |
| Return on Equity (%) | 4.60 | 6.33 | 3.53 | 11.05 | 14.04 | 20.05 | 24.16 | 7.69 | 4.19 | |
| Return on Capital Employed (%) | 8.22 | 9.21 | 5.49 | 15.84 | 20.78 | 30.87 | 34.67 | 10.59 | 5.88 | |
| Return on Assets (%) | 2.45 | 3.50 | 1.89 | 6.32 | 8.81 | 12.74 | 14.42 | 5.03 | 2.75 |
| Particulars | 10 years | 2013-09 Rs. Cr. | 2014-09 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03* Rs. Cr. |
| Shh. Funds | 280 | 294 | 302 | 327 | 377 | 444 | 538 | 532 | 554 | 621 | |
| Non Curr. Liab. | 35 | 23 | 31 | 16 | 5 | -1 | 59 | 28 | 21 | 19 | |
| Curr. Liab. | 150 | 256 | 209 | 216 | 182 | 285 | 321 | 158 | 362 | 397 | |
| Minority Int. | |||||||||||
| Equity & Liab. | 466 | 574 | 542 | 559 | 564 | 728 | 918 | 718 | 936 | 1,037 | |
| Non Curr. Assets | 199 | 199 | 218 | 191 | 168 | 155 | 275 | 309 | 303 | 282 | |
| Curr. Assets | 267 | 375 | 325 | 367 | 395 | 573 | 644 | 409 | 633 | 755 | |
| Misc. Exp. not W/O | |||||||||||
| Total Assets | 466 | 574 | 542 | 559 | 564 | 728 | 918 | 718 | 936 | 1,037 |
| Particulars | 10 years | 2013-09 Rs. Cr. | 2014-09 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. | 2022-03 Rs. Cr. TTM |
| Net Sales | 643 | 677 | 459 | 1,086 | 1,172 | 1,519 | 1,939 | 952 | 906 | 1,491 | |
| Other Income | 2 | 6 | 3 | 2 | 2 | 5 | 3 | 8 | 7 | 4 | |
| Total Income | 644 | 683 | 462 | 1,088 | 1,174 | 1,524 | 1,942 | 960 | 913 | 1,495 | |
| Total Expenditure | -589 | -620 | -424 | -991 | -1,059 | -1,354 | -1,713 | -859 | -840 | -1,356 | |
| PBIDT | 56 | 63 | 38 | 97 | 115 | 170 | 229 | 101 | 73 | 139 | |
| Interest | -9 | -7 | -4 | -6 | -1 | -1 | -1 | -2 | -3 | -2 | |
| Depreciation | -29 | -29 | -17 | -39 | -39 | -43 | -46 | -37 | -36 | -36 | |
| Taxation | -6 | -8 | -6 | -17 | -26 | -44 | -64 | -19 | -7 | -26 | |
| Exceptional Items | -2 | -4 | |||||||||
| PAT | 13 | 18 | 11 | 35 | 49 | 82 | 119 | 41 | 23 | 74 | |
| Adjusted EPS | 8 | 12 | 7 | 23 | 33 | 54 | 79 | 27 | 15 | 49 |
| Particulars | 10 years | 2012-09 Rs. Cr. | 2013-09 Rs. Cr. | 2014-09 Rs. Cr. | 2015-03 Rs. Cr. | 2016-03 Rs. Cr. | 2017-03 Rs. Cr. | 2018-03 Rs. Cr. | 2019-03 Rs. Cr. | 2020-03 Rs. Cr. | 2021-03 Rs. Cr. |
| Cash Fr. Operatn. | 94 | 54 | -6 | 92 | 57 | 97 | 51 | 106 | 198 | 49 | |
| Cash Fr. Inv. | -70 | -24 | -25 | -19 | -25 | -23 | -27 | -157 | -59 | -40 | |
| Cash Fr. Finan. | -33 | -30 | 30 | -70 | -35 | -40 | -15 | 47 | -105 | -10 | |
| Net Change | -9 | 0 | 0 | 3 | -3 | 35 | 9 | -4 | 34 | -1 | |
| Cash & Cash Eqvt | 1 | 1 | 0 | 3 | 0 | 35 | 44 | 40 | 74 | 73 |
|
Fri, 20 May 2022
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome Outcome of Analyst / Investor Conference Call held on 20 May 2022 and Audio recording. |
|
Thu, 19 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication Pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 we enclose the copies of newspaper advertisement of Audited Financial Results for the Quarter and Year ended 31st March 2022 published in The FinancialExpress (English Edition) and The Andolana (Kannada Edition) on 19th May 2022. |
|
Thu, 19 May 2022
Announcement under Regulation 30 (LODR)-Newspaper Publication Pursuant to Regulation 30 read with Schedule III Part A Para A of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and pursuant to the relevant provisions of the Companies Act 2013 we enclose the copies of newspaper advertisement of General Notice to members regarding Company intends to make an application to Central Government for seeking its approval towards appointment of Mr. Nagaraja Sadashiva Murthy Gargeshwari (DIN : 00839616) as whole Time Director of the Company for the period of Five years w.e.f 7th April 2022 which is published in The Financial Express (English Edition) and The Andolana (Kannada Edition) on 19th May 2022. |
| Fri, 20 May 2022 |
Closing Above Previous High
|
Close Within 52 Week High Zone
|
High Increase 3 Months
|
High Increase 6 Months
|
High Increase 2 Years
|
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