Automotive Axles share price today

Automotive Axles Ltd's share price was ₹1,596.90 at the close on 6 November 2026. It has been falling for 7 weeks. That is 8.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,540 and ₹2,046, and at that close it sat 11% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Automotive Axles Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 12 weeks running.

Over the last 11 years the share price moved +185% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 14 August 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

For April to June 2026 (the quarter ended 30 June 2026), Automotive Axles reported revenue of ₹517 crore, up 5.7% from ₹489 crore a year earlier, and a profit of ₹46.0 crore, up 27.8% from ₹36.0 crore.

Automotive Axles results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Automotive Axles' management discussed these results on a call held on 6 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Automotive Axles closed at ₹1,596.90 on 6 November 2026, down 3.6% from ₹1,657.00 a year earlier (7 November 2025) and up 13.7% over five years. Its highest weekly close since February 2016 was ₹2,598.95 on 12 May 2023.

Automotive Axles share price: then and now

Weekly closing prices. Each change is the move from that price to the 6 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 26 February 2016 to 6 November 2026.

6 Nov 2026: Automotive Axles closed at ₹1,596.90, up 3.7% on the week and down 0.2% on the month. 6 Aug 2026: Automotive Axles held its results call for April to June 2026. Management guided: FY27 M&HCV industry volume 5-10% below FY26, best case flat.

Earlier

• 5 Aug 2026: ex-date for a dividend of ₹32 a share.
• Results for April to June 2026: Revenue up 5.7% and profit up 27.8% on a year earlier.

Automotive Axles paid ₹32 a share in regular dividends in the 12 months to 7 November 2026 (1 payment), a yield of 2.00% at the ₹1,596.90 close on 6 November 2026. The last was a dividend of ₹32 a share, ex-date 5 August 2026.

Automotive Axles dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Automotive Axles Ltd paid out 29% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 7 November 2026.

On the call for April to June 2026, held on 6 August 2026, Automotive Axles' management guided: FY27 M&HCV industry volume 5-10% below FY26, best case flat.

“To summarize the regulatory position, we do not see a significant impact on our product lines over the next 4-5 years.”Kishan Kumar, on the call for April to June 2026

What management guided

• Profit margin 7.5-8.5% across the coming quarters.
• Capacity improvement 25-30% depending on product mix, sized for the next 2-3 years.
• FY27 quarterly cadence: reasonable Q2, increasing Q3 and peak Q4.
• Bus axle launch remains in the pipeline while noise-compliant validation and design iterations continue.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 6 August 2026.

When Automotive Axles reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Capacity buildout production ramp - check output against customer and export opportunities.

Automotive Axles is on 2 of our India lists: 52 week high & low and Dividend stocks.

Automotive Axles Ltd earned ₹46.0 Cr of net profit in the Jun 2026 quarter, +27.8% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹164 Cr. Over 10 years profit has grown 16.7% a year on average. That is 8.9% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹36.0 Cr.

For the full year, FY26 profit was ₹164 Cr (+5.1% on the year before).

Why profit moved: revenue changed +5.7% on a year earlier and the margin moved +2.0 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +10.7% and revenue +5.9%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

Automotive Axles Ltd reported ₹517 Cr of revenue in the Jun 2026 quarter, +5.7% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 7.2% a year on average. The last full year, FY26, came in at ₹2,178 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹2,205 Cr.

FY26 revenue was ₹2,178 Cr, +4.8% on the year before.

Recent pace: the last four quarters grew +5.9% on average, against 7.2% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.3%, against +0.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +10.8%, against +3.9% a year (accelerating).

Automotive Axles Ltd's operating margin was 12.0% in the Jun 2026 quarter, 2.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between 7.0% and 12.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +1.8 percentage points on the year while gross margin changed +3.1 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 115% of Automotive Axles Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹173 Cr of operating cash against ₹164 Cr of profit. After ₹68.0 Cr of spending on assets, ₹105 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 115% of profit came in as cash: the cash cycle stayed about the same between FY21 and FY26, so the cash follows profit, not the cycle.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

Automotive Axles Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 52 days in FY26, down from 62 days in FY21. It spent ₹94.0 Cr on assets over the last 3 years. Customers take 82 days to pay, and stock sits for 53 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹2,178 Cr, each day of that cycle ties up about ₹6.0 Cr, so roughly ₹310 Cr is tied up in the business at any time.

FY26: customers took 82 days to pay and stock sat for 53 days, about 1.7 months of sales sitting as stock, for a full cycle of 52 days, shorter than FY21's 62.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 53 days. Customers pay about 82 days after that. Suppliers are paid at 83 days. Together that makes the 52-day cycle.

Spending on assets: ₹94.0 Cr over the last 3 years, against ₹106 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹14.0 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

Automotive Axles Ltd's P/E is 13.2×, near the low end of its own history: it has been lower only 7% of the time. Its usual P/E (the middle reading) is 19.7×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹115.30.