AUTOAXLESNSEAutomotive Axles Limited· Auto AncillariesMinimalNeutral
Announced Thu, 21 May · 17:57 IST

Automotive Axles Limited has informed the Exchange about Copy of Newspaper Publication w.r.t Audited Financial Results for the Quarter and year ended 31st march 2026.

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AUTOAXLES · price

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AI summary

Automotive Axles Limited reported strong Q4 FY26 results with total income of Rs 6,698.14 million, up 17.8% from Rs 5,683.44 million in Q4 FY25. Net profit after tax for Q4 stood at Rs 538.94 million versus Rs 459.27 million in the same quarter last year. For the full year FY26, total income was Rs 22,099.09 million (up 5% from Rs 21,047.52 million) and net profit after tax was Rs 1,643.75 million (up 5.7% from Rs 1,555.35 million). EPS improved to Rs 108.77 from Rs 102.92 year-over-year. An exceptional charge of Rs 119.87 million was recorded due to increased gratuity and leave liabilities from new labour codes, classified as non-recurring. The board has recommended a final dividend of Rs 32 per equity share (320% on face value of Rs 10).

Likely market impact

The company delivered consistent growth with ~5.7% profit increase for FY26, supported by strong Q4 performance. The recommended dividend of Rs 32 per share provides positive shareholder returns. The one-time labour code adjustment is non-recurring and should not impact future earnings.