The call ran from 10:01 AM to 10:48 AM IST (48 min).
Key takeaways
Automotive Axles delivered record Q2 revenues driven by robust domestic CV demand and replacement cycles, though supply constraints persist.
| Management target | Revenue 2030 |
|---|
| Revenue growth | 28% QoQ, 43% YoY; strongest ever Q2 revenue performance. |
|---|---|
| Margins | EBITDA margin at 13.7%; 167 bps expansion YoY in H1. |
| Demand visibility | Strong domestic CV demand; replacement cycles and infrastructure driving volumes. |
| Management confidence | High; confident in converting market opportunities despite supply headwinds. |
Growth
Revenue grew 28% QoQ and 43% YoY; H1 FY27 PAT jumped 67% YoY with margin expansion.
Outlook
Targeting ₹5,000 Cr revenue by 2030; capacity expansion of 20-30% to be completed by next quarter.
Risks
Commodity price volatility, steel scarcity, and supply chain constraints in gears and fuel-related costs.
Last quarter's promises, checked
Delivered
- Guided PAT margin 7.5–8.5% → Q1 actual 8.7%; Q2 margin not disclosed (= BEAT)
- Guided exports 8–12% of sales → Q1 13% (= BEAT)
Partly delivered
- Guided 25–30% capacity addition → 20–30% still in progress, due Q3 (= PARTIAL)
Summary by ALFA Finder, written with AI assistance from our own recording of the call, published . Open it on ALFA Filings ›
The results behind this call
Automotive Axles Q2 FY27 Results: Net Profit ₹60.1 Cr, Up 66.9% YoY
Automotive Axles Ltd reported revenue from operations of ₹662.6 Cr (+43.5% YoY) and net profit of ₹60.1 Cr (+66.9% YoY) for Q2 FY27.
- Key figure
- Net profit ₹60.1 Cr · +66.9% YoY
What management said last time
Full summary →From the call summary published .
Outlook they gave
Industry outlook revised upward from 20% de-growth to 5-10% for FY27, targeting revenue levels similar to FY26.
Growth they described
Revenue stood at ₹5,168 million. Growth is driven by higher tonnage vehicles and new product launches like the 160 tandem axle.
Call details
| Company | Automotive Axles Ltd |
|---|---|
| NSE symbol | AUTOAXLES |
| ISIN | INE449A01011 |
| Call | Q2 FY27 earnings call |
| Date | Friday, 13 November 2026 |
| Time | 10:00 AM IST |
| Length | 48 min |
| Audio | Our stream on YouTube ↗ |
Automotive Axles Ltd: key numbers
- Share price
- ₹1,829.30
- Market cap
- ₹2,764 Cr
- Revenue (annual)
- ₹2,178 Cr
- Net profit (annual)
- ₹164.4 Cr
- P/E (TTM)
- 13.9×Sector 32.4×
- Promoter holding
- 71.04%+0.00% QoQ
- FII holding
- 0.77%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.