AUTOAXLES

Automotive Axles Share PriceAutomotive Axles

₹2,292.9
-11.4 (-0.49%)
  • Advice
  • Hold
As on 30 November, 2023 | 07:04 BSE: 505010 NSE: AUTOAXLESISIN: INE449A01011

Automotive Axles Performance

Day Range

  • Low 2,280.00
  • High 2,328.40
₹ 2,292.9

52 Week Range

  • Low 1,872.05
  • High 2,693.20
₹ 2,292.9
  • Open Price2,306.00
  • Previous Close2,304.30
  • Volume13638

Start SIP in Automotive Axles

Start SIP

Automotive Axles Share Price

  • Over 1 Month 5.28%
  • Over 3 Month 7.27%
  • Over 6 Month 4.43%
  • Over 1 Year 15.43%

Automotive Axles Key Statistics

P/E Ratio 18.8
PEG Ratio 0.3
Market Cap Cr 3,465
Price to Book Ratio 4.6
EPS 107
Dividend 1.4
Relative Strength Index 45.37
Money Flow Index 37.13
MACD Signal 30.27
Average True Range 62.23

Automotive Axles Investment Rating

  • Master Rating:
  • Automotive Axles has an operating revenue of Rs. 2,465.11 Cr. on a trailing 12-month basis. An annual revenue growth of 56% is outstanding, Pre-tax margin of 9% is okay, ROE of 21% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its key moving averages, around 1% and 0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 6% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 72 which is a FAIR score but needs to improve its earnings, a RS Rating of 33 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Auto/Truck-Original Eqp and a Master Score of B is close to being the best. Institutional holding has declined in the last reported quarter is a negative sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Automotive Axles Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 584532693656475500552
Operating Expenses Qtr Cr 518473615578424449490
Operating Profit Qtr Cr 66597878505262
Depreciation Qtr Cr 991010101010
Interest Qtr Cr 1111111
Tax Qtr Cr 15131717101113
Net Profit Qtr Cr 45385151303039
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 2,3291,495
Operating Expenses Annual Cr 2,0661,356
Operating Profit Annual in Cr 257135
Depreciation Cr 4136
Interest Annual Cr 32
Tax Annual Cr 5626
Net Profit Annual Cr 16274
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr 5243
Cash from Investing Activity Annual Cr -84-27
Cash from Financing Annual Activity Cr -31-15
Net Cash Flow Annual Cr -632
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 759621
Fixed Assets Annual Cr 252262
Total Non Current Assets Annual Cr 275290
Total Current Assets Annual Cr 881755
Total Assets Annual Cr 1,1571,045
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 502411
ROE Annual % 2112
ROCE Annual % 2816
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 119
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr
Operating Expenses Qtr Cr
Operating Profit Qtr Cr
Depreciation Qtr Cr
Interest Qtr Cr
Tax Qtr Cr
Net Profit Qtr Cr
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Automotive Axles Technicals

EMA & SMA

Current Price
₹2,292.9
-11.4 (-0.49%)
pointer
  • Bullish Moving Average
  • ___
  • 7
  • Bearish Moving Average
  • ___
  • 9
  • 20 Day
  • ₹2,333.27
  • 50 Day
  • ₹2,292.43
  • 100 Day
  • ₹2,265.04
  • 200 Day
  • ₹2,220.71
  • 20 Day
  • ₹2,348.66
  • 50 Day
  • ₹2,277.48
  • 100 Day
  • ₹2,230.69
  • 200 Day
  • ₹2,288.56

Automotive Axles Resistance and Support

PIVOT
₹2,300.44
Resistance
First Resistance 2,320.87
Second Resistance 2,348.83
Third Resistance 2,369.27
RSI 45.37
MFI 37.13
MACD Single Line 30.27
MACD 17.14
Support
First Resistance 2,272.47
Second Resistance 2,252.03
Third Resistance 2,224.07

Automotive Axles Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 14,366 866,270 60.3
Week 14,107 877,158 62.18
1 Month 20,736 1,048,417 50.56
6 Month 24,548 1,416,414 57.7

Automotive Axles Result Highlights

Automotive Axles Synopsis

NSE-Auto/Truck-Original Eqp

Automotive Axles 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. 2323.70 Cr. and Equity Capital is Rs. 15.11 Cr. for the Year ended 31/03/2023. 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.
Market Cap 3,465
Sales 2,465
Shares in Float 0.44
No of funds 44
Yield 1.4
Book Value 4.56
U/D Vol ratio 1.4
LTDebt / Equity 1
Alpha 0.06
Beta 0.64

Automotive Axles

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 71.04%71.04%71.04%71.04%
Mutual Funds 11.64%12.09%12.94%13.06%
Insurance Companies 0.08%
Foreign Portfolio Investors 0.67%0.7%0.73%0.71%
Individual Investors 14.46%14.1%12.96%12.64%
Others 2.19%2.07%2.33%2.47%

Automotive Axles Management

Name Designation
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
Mr. Rakesh Kalra Independent Director
Dr. Shalini Sarin Independent Director
Mr. Kenneth James Hogan Director

Automotive Axles Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Automotive Axles Corporate Action

Date Purpose Remarks
2023-11-08 Quarterly Results
2023-08-03 Quarterly Results
2023-05-16 Audited Results & Final Dividend
2023-01-31 Quarterly Results
2022-11-07 Quarterly Results
Date Purpose Remarks
2023-07-27 FINAL Rs.32.00 per share(320%)Final Dividend

Automotive Axles MF Shareholding

Name Amount(cr)
Nippon India Small Cap Fund - Growth 37,319
SBI Contra Fund Regular Payout Inc Dist cum Cap Wdrl 16,667
Nippon India ELSS Tax Saver Fund Growth 12,323
Tata Small Cap Fund Regular Growth 6,147
Bandhan Emerging Businesses Fund Regular Growth 2,228

Automotive Axles FAQs

What is Share Price of Automotive Axles ?

Automotive Axles share price is ₹2,292 As on 30 November, 2023 | 06:50

What is the Market Cap of Automotive Axles ?

The Market Cap of Automotive Axles is ₹3465 Cr As on 30 November, 2023 | 06:50

What is the P/E ratio of Automotive Axles ?

The P/E ratio of Automotive Axles is 18.8 As on 30 November, 2023 | 06:50

What is the PB ratio of Automotive Axles ?

The PB ratio of Automotive Axles is 4.6 As on 30 November, 2023 | 06:50

Q2FY23