ALFA Finder
| PE TTM | 14.29Sector PE 32.55 |
|---|---|
| Market Cap | ₹2,490.3 CrAuto Components |
| Promoter Holding | 71.04%Zero Pledging |
| Basic EPS TTM | ₹115.3110.84% YoY Growth |
| Metric | Q2-27 | Q1-27 | Q2-26 |
|---|---|---|---|
| Revenue from Operations | 663 | 517 | 462 |
| Other Income | 8.4 | 10.3 | 8.9 |
| Total Income | 671 | 527 | 471 |
| Profit Before Tax | 80.7 | 61.3 | 48.1 |
| Net Profit | 60.1 | 45.6 | 36.0 |
| Operating Margin | 12.0% | 11.6% | 10.2% |
| Net Profit QoQ | +31.8% | ||
| Net Profit YoY | +66.9% | ||
| Adj. Profit QoQ | +41.8% | ||
| Adj. Profit YoY | +84.4% | ||
Key highlights
- Net profit increased 66.9% year-on-year to ₹60.1 crore from ₹36.0 crore
- Revenue from operations grew 43.5% YoY to ₹663 crore, outperforming sector averages
- Operating margins expanded to 12.0%, compared to 10.2% in the same quarter last year
- Adjusted profit recorded a sequential growth of 41.8% over the June 2026 quarter
- Board approved the transition of Raman K from Interim to regular Chief Financial Officer
Volume Expansion Drives 43.5% Revenue Growth
Automotive Axles recorded revenue from operations of ₹663 crore for the quarter ended September 30, 2026, marking a significant 43.5% increase compared to ₹462 crore in the corresponding period last year. This growth performance comfortably outpaced the broader sector quarterly revenue growth rate of 25.19%. The company also achieved a notable expansion in its operating efficiency, with margins improving to 12.0% from 10.2% in Q2 FY26.
Consequently, profit before tax rose to ₹80.7 crore, supported by consistent operational execution and a stable other income contribution of ₹8.4 crore during the current period.
Sequential Momentum and Guidance Revisions
- Revenue climbed 28.2% sequentially from the ₹517 crore reported in the June 2026 quarter
- The performance follows a management decision on September 25, 2026, to upgrade the FY27 revenue growth target to 8%
- Half-year net profit for the period ending September 2026 reached ₹105.7 crore, up from ₹71.7 crore a year earlier
- Cost of raw materials consumed stood at ₹431.2 crore, representing approximately 73% of total quarterly expenditure
- The company reported a total comprehensive income of ₹105.9 crore for the first six months of the fiscal year
Leadership Transition and Governance Updates
The Board of Directors confirmed the appointment of Raman K as the Chief Financial Officer and Key Managerial Personnel in a regular capacity, effective November 12, 2026. Raman K, a Strategic Finance Leader and Chartered Accountant with over 15 years of experience, has been serving as the Interim CFO since February 2026. His professional background includes previous leadership roles at Cyient, Royal Enfield, and Sundaram Clayton Limited.
The board meeting, which concluded at 5:00 PM, also reviewed the statutory audit report issued by S.R. Batliboi & Associates LLP regarding the unaudited financial results.
| Date | Announcement | Amount |
|---|---|---|
| 05 Aug 2026 | Q1 FY27 Unaudited Standalone Financial Results (Revenue from Operations)Source: autoaxle.com | ₹516.82 Cr |
| 19 May 2026 | Q4 FY26 Audited Standalone Financial Results (Revenue from Operations)Source: axisdirect.in | ₹664.30 Cr |
| 04 Feb 2026 | Q3 FY26 Unaudited Standalone Financial Results (Revenue from Operations)Source: tracxn.com | ₹562.29 Cr |
| 30 Oct 2025 | Q2 FY26 Unaudited Standalone Financial Results (Revenue from Operations)Source: axisdirect.in | ₹461.76 Cr |
| 05 Aug 2025 | Q1 FY26 Unaudited Standalone Financial Results (Revenue from Operations)Source: autoaxle.com | ₹489.38 Cr |
| 20 May 2025 | Q4 FY25 Audited Standalone Financial Results (Revenue from Operations)Source: axisdirect.in | ₹559.64 Cr |
What to watch next
- Post-results analyst and investor conference call scheduled for November 13, 2026, at 10:00 AM IST
- Tracking execution toward the upwardly revised annual revenue growth target of 8%
- Monitoring legislative developments regarding Labor Codes and their impact on gratuity and leave liabilities
| Share price | ₹1647.9 |
|---|---|
| Market capitalisation | ₹2,490.31 Cr |
| Revenue (annual) | ₹2,177.73 Cr |
| Net profit (annual) | ₹164.38 Cr |
| Revenue (latest quarter) | ₹516.82 Cr-22.20% vs previous quarter |
| Net profit (latest quarter) | ₹45.60 Cr-15.40% vs previous quarter |
| P/E (TTM) | 14.29×Sector 32.55× |
| Promoter holding | 71.04%0.00% QoQ |
| FII holding | 0.77%Current quarter |
Reference market data from a third-party provider, as of the story. Not a valuation or a recommendation.
Exchange filing by Automotive Axles Limited announcing its un-audited financial results for the quarter and half-year ended September 30, 2026. Market figures from a third-party data provider.
