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Automotive Axles was established in 1981 as a JV of Kalyani Group (35.5% ownership) and Meritor Inc, USA (35.5% ownership).The Company is engaged in the business of manufacturing and supplying Automotive Parts to the major domestic and global manufacturers of Trucks & Buses (LCV, MCV, HCV, Military & Off-highway Vehicle Segment).
Automotive Axles reported Q1 FY27 revenue of Rs 516.8 Cr, with EBITDA at a record 13.6% (Rs 70.2 Cr) and PAT at Rs 45.5 Cr (8.7%). EPS hit a four-year Q1 high of Rs 30, supported by favorable product mix and market recovery. Management's FY27 outlook suggests a 5-10% market...