AUTOAXLESNSEAutomotive Axles Limited· Auto AncillariesHighPositive
Announced Tue, 19 May · 19:55 IST

Automotive Axles Limited has informed the Exchange that Board of Directors at its meeting held on May 19, 2026, recommended Final Dividend of Rs. 32 per equity share for the FY 2025-26, subject to the approval of Shareholders at the ensuing Annual General Meeting.

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AUTOAXLES · price

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AI summary

Automotive Axles Limited reported FY 2025-26 results with revenue of Rs. 21,777 million, up 4.8% year-over-year. Net profit grew 5.7% to Rs. 1,644 million, with EPS at Rs. 108.77. The Board recommended a final dividend of Rs. 32 per share (320% on Rs. 10 face value), payable after shareholder approval at the AGM on August 12, 2026. Record date for dividend eligibility is August 5, 2026, with payment due by September 11, 2026. The auditor issued an unmodified opinion on the financial statements.

Likely market impact

The dividend of Rs. 32 per share signals strong cash generation and consistent shareholder returns. The 5.7% profit growth despite challenging conditions in the automotive components sector is positive for investors.