Automotive Axles Limited Announces Financial Results, Recommends Final Dividend, and Sets AGM Date
Automotive Axles Limited announced key financial developments following its Board of Directors meeting held on May 19, 2026. The Board approved the audited financial results for the year ended March 31, 2026, and the quarter ended March 31, 2026. Furthermore, the company recommended a Final Dividend for the Financial Year 2025-26.The Board recommended a Final Dividend of Rs. 32 per share, representing 320% of the face value of Rs. 10 each, for the Financial Year 2025-26. This dividend is subject to the approval of the company's shareholders at the forthcoming Annual General Meeting (AGM).
Key Corporate Dates
The company has scheduled its 45th Annual General Meeting (AGM) for Wednesday, August 12, 2026. To facilitate the payment of the Final Dividend and the AGM proceedings, the Record Date has been set as Wednesday, August 5, 2026. The dividend will be paid on or before September 11, 2026, subject to the deduction of tax at source (TDS).Audited Financial Performance (Amounts in Rupees Millions)
The company released comprehensive audited financials covering the period up to March 31, 2026, alongside figures for the quarter ended March 31, 2026.Statement of Audited Financial Results for the Quarter and Year Ended March 31, 2026
| Particulars | 31.03.2026 (Audited) | 31.12.2025 | 31.03.25 (Audited) | 31.03.2026 | 31.03.2025 |
|---|---|---|---|---|---|
| Total Income | 6,698.14 | 5,709.22 | 5,683.44 | 22,099.09 | 21,047.52 |
| Revenue from operations Other Income | 55.15 | 86.28 | 87.01 | 321.80 | 272.14 |
| Total Expenses | 5,974.91 | 5,077.21 | 5,065.05 | 19,781.27 | 18,941.39 |
| Profit before exceptional Items and tax | 723.23 | 632.01 | 618.39 | 2,317.82 | 2,106.13 |
| Profit before tax | 723.23 | 512.14 | 618.39 | 2,197.95 | 2,106.13 |
| Total tax expense | 184.29 | 124.08 | 159.12 | 554.20 | 550.78 |
| Profit for the period / year | 538.94 | 388.06 | 459.27 | 1,643.75 | 1,555.35 |
| Earnings per equity share (EPS) | 35.66 | 25.68 | 30.39 | 108.77 | 102.92 |
Balance Sheet Comparison (Amounts in Rupees Millions)
| As at 31.03.2026 | As at 31.03.2025 | |
|---|---|---|
| I. Non-current assets | ||
| Property, plant and equipment | 2,103.77 | 1,855.80 |
| Capital work In progress | 135.17 | 65.43 |
| Intangible assets | 18.98 | 2.01 |
| Right-of-use assets | 123.21 | 142.16 |
| Other financial assets | 422.70 | 178.86 |
| Other non-current assets | 326.70 | 159.86 |
| Total non-current assets | 3,208.77 | 2,484.19 |
| II. Current assets | ||
| Inventories | 2,143.11 | 2,294.14 |
| Investments | 1,402.17 | 774.75 |
| Trade receivables | 4,921.70 | 4,375.20 |
| Cash and cash equivalents | 381.86 | 85.74 |
| Bank balances (other than cash) | 2,207.28 | 303.54 |
| Other financial assets | 480.24 | 2,734.37 |
| Other current assets | 432.95 | 499.79 |
| Total assets | 15,203.33 | 13,569.92 |
| Equity and Liabilities | ||
| Total Equity | 10,987.70 | 9,819.22 |
| Total Liabilities | 4,215.63 | 3,750.70 |
Cash Flow Statement (Amounts in Rupees Millions)
| Particulars | 31.03.2026 (Audited) | 31.03.2025 (Audited) |
|---|---|---|
| Cash flow from operating activities | ||
| Profit before tax | 2,197.95 | 2,106.13 |
| Adjustments (Depreciation, amortization, etc.) | 358.93 | 336.45 |
| Increase in trade receivables | (535.82) | (730.25) |
| Decrease in Inventories | 151.03 | 208.20 |
| Increase in trade payables | 337.79 | 206.19 |
| Income tax paid (net of refund) | 2,252.85 (527.34) | 1,805.22 (522.75) |
| Net cash flows from operating activities | 1,725.51 | 1,282.47 |
| Cash flow from investing activities | ||
| Purchase of property, plant and equipment and Intangible assets | (733.32) | (264.12) |
| Proceeds from sale of property, plant and equipment | 17.45 | 1.45 |
| Purchase of mutual funds | (4,982.68) | (18,990.41) |
| Proceeds from sale of mutual funds | 4,430.14 | 18,463.75 |
| Net cash flows used In Investing activities | (941.94) | (940.91) |
| Cash flow from financing activities | ||
| Dividend paid to equity holders | (460.92) | (483.58) |
| Net cash nows used In financing activities | (487.45) | (585.39) |
| Net increase in cash and cash equivalents | 296.12 | (243.83) |
| Cash and cash equivalents at the end of the year | 381.86 | 85.74 |
AUTOAXLES Stock Price Movement
On Tuesday, Automotive Axles Limited shares edged higher to close at ₹1692.5, finishing with a 0.38% gain. The equity traded on a volume of 13,961 shares, closing above its previous day's close of ₹1677.7.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.
Last edited by a moderator: