Axles India Limited

SECTOR:AUTO ANCILLARIES

ISIN: INE701C01011


Axles India Limited manufactures auto parts. The Company offers drive axle housings, trailer axle beams, hub reduction axle housings for medium and heavy duty commercial vehicles. Axles serves clients in India.

OTCSTOX: AXLES INDIA



356.78

Market Cap(₹ Cr.)

29.32

P/E

2.61

P/B

4.52

EPS

136.84

Net Worth(₹ Cr.)

9.04%

ROE

96.66%

Promoter Holding

10

Face Value(₹)


(As on: FY2020) | Consideration Price: 140


PEERS

Automotive Axles

Jamna Auto

About

Axles India Share Price, Axles India share price in 2020, unlisted shares for 2021 in India

Axles India is a joint venture of Wheels India, Sundaram Finance and Dana Holding Corporation, USA. Axles India has the capability to provide Axle Housings for entire range of Medium and Heavy Commercial Vehicles. The production of pressed Axle Housings is at an annual level of 280,000 pressed Axle housings, manufactured in plants at Sriperumbudur and Cheyyar.

Axles India was started in 1982, as a joint venture with Eaton. In 1998, Dana Holding Corporation purchased Eaton Axles Business and Axles India’s shares were part of this arrangement.

Top Products

  • Rear Axle Housings
  • TAG Axle Housings
  • Rear Axle Housings - Exports

Financials

₹ Cr.

Annual FY2020 FY2019 FY2018 FY2017 FY2016
Revenue 408.62 621.04 483.86 455.28 485.88
PAT 12.17 38.05 22.31 14.91 12.50
Networth 136.84 137.61 108.92 92.61 82.19
EPS 4.52 14.87 8.56 5.89 4.91

Useful Links / News

Financial Performance

Company Address

Reg. Address: 21, Patullos Road, Chennai 600 002.

Email: [email protected]

Tel No.: +91 8939368687

Website: www.axlesindia.com

FAQs

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