DRHP Status : Not Filed
815
P&L Statement | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Revenue | 306 | 569 | 746 | 854 |
Cost of Material Consumed | 216 | 362 | 478 | 576 |
Gross Margins | 29.41 | 36.38 | 35.92 | 32.55 |
Change in Inventory | -26 | 1 | -1 | -87 |
Employee Benefit Expenses | 54 | 63 | 73 | 87 |
Other Expenses | 54 | 89 | 111 | 149 |
EBITDA | 8 | 54 | 85 | 129 |
OPM | 2.61 | 9.49 | 11.39 | 15.11 |
Other Income | 6 | 3 | 0 | 1 |
Finance Cost | 0.6 | 0.4 | 1.4 | 1 |
D&A | 9 | 11 | 12 | 13 |
EBIT | -1 | 43 | 73 | 116 |
EBIT Margins | -0.33 | 7.56 | 9.79 | 13.58 |
PBT | 4 | 45 | 71 | 115 |
PBT Margins | 1.31 | 7.91 | 9.52 | 13.47 |
Tax | 1 | 11 | 18 | 29 |
PAT | 3 | 34 | 53 | 86 |
NPM | 0.98 | 5.98 | 7.1 | 10.07 |
EPS | 1.18 | 13.34 | 20.79 | 33.74 |
Financial Ratios |
2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Operating Profit Margin | 2.61 | 9.49 | 11.39 | 15.11 |
Net Profit Margin | 0.98 | 5.98 | 7.1 | 10.07 |
Earning Per Share (Diluted) | 1.18 | 13.34 | 20.79 | 33.74 |
Assets | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Fixed Assets | 60 | 58 | 59 | 62 |
CWIP | 0.8 | 1 | 0.8 | 7 |
Investments | 0 | 0.5 | 0.5 | 2 |
Trade Receivables | 145 | 174 | 215 | 202 |
Inventory | 92 | 104 | 123 | 210 |
Other Assets | 43.2 | 33.5 | 17.7 | 35 |
Total Assets | 341 | 371 | 416 | 518 |
Liabilities | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|
Share Capital | 25.48 | 25.48 | 25.49 | 25.49 |
FV | 10 | 10 | 10 | 10 |
Reserves | 110 | 150 | 186 | 249 |
Borrowings | 77 | 58 | 54 | 82 |
Trade Payables | 91 | 103 | 112 | 122 |
Other Liabilities | 37.52 | 34.52 | 38.51 | 39.51 |
Total Liabilities | 341 | 371 | 416 | 518 |
Name | Holding |
---|---|
Dana Global Products Inc. | 48.33% |
Sundaram Finance Holdings Limited | 38.82% |
Wheels India Limited | 9.51% |
Other Investors | 3.33% |
Coming soon...
Axles India is a joint venture of Wheels India, Sundaram Finance and Dana Holding Corporation, USA. Axles India has the capability to provide Axle Housings for the entire range of Medium and Heavy Commercial Vehicles. The production of pressed Axle Housings is at an annual level of 280,000 pressed Axle Housings, manufactured in plants at Sriperumbudur and Cheyyar.
Axles India was started in 1982 as a joint venture with Eaton. In 1998, Dana Holding Corporation purchased Eaton Axles Business, and Axles India’s shares were part of this arrangement.
Axles India commenced production at its Sriperumbudur plant, with an annual volume of 10,000 axle housings to Ashok Leyland. In 1995, to meet the increased demand of domestic OEMs, an additional facility for Axle Housings was set up at Cheyyar. In 2003, a facility to manufacture Drive Head assemblies was installed. In 2006, Export export-oriented unit (EOU) was established to cater to export markets. In 2011, Drive's head business was sold to Dana India Private Limited.
Axles India supplies to Tata Motors, Ashok Leyland, VE Commercial Vehicles, Dana India Private Limited, SML Isuzu, Mahindra Trucks and Buses and Daimler India Commercial Vehicles. Axles India also exports to Dana, USA and Volvo Trucks Asia.
Click here to visit the official website of Axles India Limited.