GNA Axles Ltd (GNA) — share price & stock analysis

Market cap

₹1,902 Cr

P/E

16.3×

ROE

12.2%

vs own 10-yr valuation

68th pctile

Book value / share

₹234

EPS (TTM)

₹27.2

10-yr median P/E

14.7×

Revenue (FY26)

₹1,478 Cr

Profit after tax (FY26)

₹117 Cr

Weinstein stage

Stage 2 (22 weeks)

Data as of

1 July 2026

5 of the 6 things we track are currently moving the right way — nearly everything is pulling in the same direction.

Where the levels actually stand: ROCE 14% — decent; effectively no debt; margins near the top of their band. Momentum says which way things are moving; these say where they are.

Read this number for what it is: it measures the DIRECTION of change, not the quality of the business. A mediocre business getting better scores high here; a great one having a soft quarter scores low. Profit, sales and margins count double.

Most of this rally is re-rating, not earnings

Since Dec 2016, the stock is up 387% while earnings per share grew 213%. The difference is re-rating — investors paying more for the same rupee of profit.pricettm_eps

That works until it doesn’t: from here, earnings have to do the lifting, because the multiple has already done its part.

Today’s P/E of 16.3× is the middle of its own range against its own 10-year history (68th percentile) — neither a bargain nor a stretch, by its own standards.pe_ratio

Price is the weekly close (₹). EPS is trailing-twelve-month profit per share, anchored on Screener's own snapshots; between snapshots it is filled from price ÷ P/E (an exact identity), and any fill straying more than 18% from the neighbouring snapshots is dropped rather than shown. The lower panel is the P/E — what the market pays per rupee of profit; the dotted line is its long-run median (14.7×).

Stage 2: the trend is up, and has been for 22 weeks

Price trends have a life cycle: they base (1), advance (2), top out (3) and decline (4). This chart is in Stage 2: advancing — 22 weeks so far, confirmed.stage

The price sits above its rising 200-day average (₹376 today) and its strength against the index is still improving — trends like this persist more often than they reverse, which is why the system rides them instead of guessing the top.dma_200

Beating NIFTY 500 for 30 weeks — relative strength is the market’s live opinion, and right now it is on this stock’s side.rs_mansfield

What would end it: two Friday closes in a row below the 200-day line. That is the house exit rule — mechanical, no debates.dma_200

A lumpy ride — no clean trend in profits

Over 12 years, sales went from ₹403 Cr to ₹1,478 Cr (about 11% a year), and profit from ₹13.0 Cr to ₹117 Cr.revenuenet_profit

Sales grew 9% last quarter

Mar 26 sales were ₹411 Cr, up 9% on the same quarter last year.revenue

Margins have been rebuilt — 13.1% in FY24 to 16.1% now

Of every ₹100 of sales, the company keeps ₹13.9 as operating profit (a year ago it kept ₹13.3).opm_pct

Zoom out and this is the page's quiet hero: annual operating margin bottomed at 13.1% in FY24 and has been rebuilt to 16.1% — that recovery, not sales alone, is what powers the profit growth elsewhere on this page.operating_profit

Profit jumped 24% — mostly from selling more

Mar 26 profit after tax was ₹31.0 Cr, up 24% year on year.net_profit

The profits are real — they turn into cash

Over the last 5 profitable years, the business reported ₹543 Cr of profit and collected ₹550 Cr of operating cash — about 101% conversion.operating_cash_flownet_profit

One asterisk on that strength: suppliers are being paid 53 days later than a year ago (76 → 129 days). Cash flattered by stretching payables is real cash — but it is borrowed timing, not extra earning power.payable_days

The cash cycle looks tighter — but it is supplier credit doing the work

One rupee now takes about 139 days to go out the door as materials and come back as collected cash — down from 155 days the year before.cash_conversion_cycle

Look inside the improvement, though: suppliers are being paid 53 days later (76 → 129 days), while inventory actually got heavier (80 → 117 days). Supplier credit is funding the cycle — useful, but not the same thing as customers paying faster.payable_daysinventory_days

The asset base keeps compounding — this company builds

The productive asset base has gone from ₹145 Cr (FY14) to ₹459 Cr, with another ₹35.0 Cr of capacity under construction right now.fixed_assetscwip

The build is self-funded: the last 3 years' investing outflow (₹352 Cr) fits inside the operating cash the business generated (₹404 Cr).investing_cash_flowoperating_cash_flow

Almost no debt — this company cannot be killed by a bad year

For every ₹100 shareholders have put in (and left in), the company has borrowed ₹22 — total borrowings have grown from ₹134 Cr to ₹218 Cr over the window.borrowings

Every ₹100 kept in the business earns ₹14 — decent, not special

Return on capital employed is 14.0% (a year ago: 14.0%). This is the single best test of business quality: what the company earns on the money it keeps.roce_pct

The owners aren’t moving

Promoters hold 68.4%, essentially unchanged. Foreign funds own 1.3%, domestic funds 11.0%.promoters_pctfiis_pctdiis_pct

Strong on the data — worth the deeper look if the story keeps its promises

The numbers lean positive, and the price already assumes the good news continues.

Best thing in the data: free cash flow rising (₹−19.0 Cr → ₹59.0 Cr).operating_cash_flow

Machine-written research from Screener data — every number traces to its source column. Sector Alpha is not a SEBI-registered investment adviser; nothing here is a recommendation to buy or sell. Not investment advice.

Straight answers from the data