Manufactures auto components, primarily axle shafts (77.16% of turnover), spindles (16.49%) and other shafts (6.35%), from two plants and one office in India. The business is run as a single segment serving customers across 30 Indian states and 12 countries, with exports contributing 45.91% of FY26 turnover. FY26 revenue from operations was Rs 1,478.42 crore, down about 4% from Rs 1,539.74 crore in FY25, but profit after tax rose 9.2% to Rs 116.99 crore as the EBITDA margin expanded to 16.3% from 13.8% the prior year. The cost stack is dominated by materials at 62.6% of revenue, with employee cost at 5.9%, other operating expenses at 16.8% and depreciation at 4.7%; capex ran at 10.7% of revenue. In Q1 FY27, revenue from operations rose about 37% year-on-year to Rs 470.4 crore and PAT rose around 66% to Rs 38.3 crore. A newly incorporated wholly-owned subsidiary, GNA Mobility Limited, has been set up with an Rs 800 crore investment plan to expand into light vehicles, passenger vehicles and electric vehicle components, and the parent has approved investing up to Rs 25 crore in it for capex and working capital. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Axle shafts (77%), Spindles (16%), Other shafts (6%). Single-segment auto components manufacturer, asset-heavy with two plants in India and significant export exposure
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,270 | 1,583 | 1,506 | 1,540 | 1,478 |
| EBITDA (ex other income) | 181 | 233 | 197 | 211 | 238 |
| margin % | 14.2 | 14.7 | 13.1 | 13.7 | 16.1 |
| Owners' profit | 89 | 130 | 100 | 107 | 117 |
| EPS, as reported (₹) | 41.35 | 60.67 | 23.28 | 24.95 | 27.24 |
| ROE % · ROCE % | 14.9 · 20.5 | 18.2 · 24.9 | 12.5 · 17.6 | 11.9 · 15.6 | 11.6 · 15.5 |
| Debt / equity (x) | 0.35 | 0.26 | 0.24 | 0.27 | 0.18 |
| Cash from operations | 41 | 105 | 98 | 92 | 214 |
| Capex | (46) | (75) | (89) | (111) | (158) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 388 | 375 | 378 | 344 | 348 | 375 | 411 | 470 |
| Profit before tax | 37 | 35 | 34 | 31 | 42 | 47 | 37 | 52 |
| Net profit | 29 | 25 | 25 | 23 | 31 | 32 | 31 | 38 |
| EPS (₹) | 6.64 | 5.91 | 5.93 | 5.35 | 7.27 | 7.44 | 7.18 | 8.93 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SAMVRDHNA MTHRSN INTL LTD | 1,73,567 | 39.6 | 3.98 | 15.4 | 9.4 | 8.2 | 17.1 | 9.0 |
| BOSCH LIMITED | 1,42,736 | 60.4 | 9.61 | 35.1 | 18.7 | 24.1 | 15.6 | 17.9 |
| BHARAT FORGE LTD | 92,992 | 131.7 | 9.73 | 33.3 | 11.4 | 13.2 | 21.6 | 8.8 |
| UNO MINDA LIMITED | 69,386 | 57.6 | 9.56 | 31.7 | 17.7 | 15.7 | 25.3 | 10.4 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 26 Aug 2026 · Maninder Singh (Promoter Group) sells 1.04% stake in GNA Axles | ownership changes | medium | — | — |
| 12 Aug 2026 · Promoter Maninder Singh sells 1.15% stake in GNA Axles via market sale | ownership changes | medium | — | — |
| 12 Aug 2026 · GNA Axles promoter group member Harjinder Kaur sells 0.66% stake via market | ownership changes | medium | — | — |
| 10 Aug 2026 · Promoter Group Member Maninder Singh Sells 0.97% Stake in GNA Axles | ownership changes | medium | — | — |
| 25 Jul 2026 · GNA Axles 33rd AGM minutes filed; all 4 resolutions passed | board shareholder meetings | medium | — | — |
| 22 Jul 2026 · Promoter Maninder Singh sells 1.10 percent stake in GNA Axles | ownership changes | high | — | — |
| 17 Jul 2026 · SDD compliance certificate for June 2026 quarter | compliance | minimal | — | — |
| 16 Jul 2026 · GNA Axles Q1 FY27: Revenue up 37 percent, PAT jumps 66 percent | results | high | — | — |
| 2 Jul 2026 · Board meeting on July 16, 2026 to consider Q1 FY26-27 results | results | low | — | — |
| 30 Jun 2026 · GNA Axles 33rd AGM: All 4 resolutions passed, dividend approved | board shareholder meetings | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| SCHAEFFLER INDIA LIMITED |
| 61,739 |
| 49.3 |
| 10.04 |
| — |
| 10.4 |
| 14.1 |
| — |
| 19.4 |
| TUBE INVEST OF INDIA LTD | 50,454 | 83.1 | 3.55 | 19.5 | 7.9 | 12.4 | 30.3 | 10.6 |
| SONA BLW PRECISION FRGS L | 49,016 | 70.4 | 7.99 | 42.6 | 10.3 | 12.9 | — | 25.1 |
| ENDURANCE TECHNO. LTD. | 37,964 | 39.1 | 5.55 | 18.6 | 13.9 | 15.6 | 17.4 | 13.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 17.8 | 26.7 | 37 of 123 | 71% |
| P/B | 2.4 | 3.5 | 43 of 116 | 64% |
| ROCE | 14.3 | 12.6 | 52 of 125 | 59% |
| ROE | 11.7 | 11.6 | 59 of 119 | 51% |
| Debt / Equity | 0.2 | 0.3 | 52 of 119 | 57% |
| EBITDA margin | 15.6 | 12.2 | 38 of 118 | 68% |
| Revenue growth | 36.7 | 20.2 | 13 of 113 | 89% |
| Profit growth | 66.5 | 24.4 | 33 of 115 | 72% |
| Market cap | 2357 | 1542 | 57 of 125 | 55% |
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| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
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