About
Basic Data Updated:
17 days agoAutomotive Axles Limited is known for its manufacturing of rear drive axle assemblies for CV in India, as stated in its credit rating report. A wide range of axles, suitable for haulage trucks, tippers, tractor-trailers, and other off-highway vehicles, are included in AAL's product portfolio. In addition to this, the company also supplies drum and disk brake assemblies for trucks, trailers, buses, and coaches. These components are manufactured at the company's plant in Mysore and are distributed to customers both in India and in international markets. AAL's manufacturing facilities are located in Mysore and Jamshedpur, both in India. The company's domestic OEM customers consist of well-known names such as ALL, Daimler India Commercial Vehicles Private Limited, Man Trucks India Private Lim... Read More
Industry
Company Details
- Location
Mysore, Karnataka, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Products or Services related to Automotive Axles Limited
Drum Brakes
Drive Axles
Brake Parts
Engine Components
Financials of Automotive Axles Limited
Automotive Axles Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.77% increase. The company also saw a substantial improvement in profitability, with a 117.9% increase in profit. The company's net worth Soared by an impressive increase of 22.26%.
Enhance accessibility to Automotive Axles's financial data by unlocking access to both Standalone and Consolidated balance sheets, Profit & Loss Statements, Ratios, Related Party Transactions, and additional relevant information.
Corporate Structure
Unlock access to Automotive Axles's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Automotive Axles Limited
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Executive Team (2)
MS
Mr S
CFOAppointment Date: 01-Apr-2016
Status: Current
DP
Debadas Panda Company SecretaryAppointment Date: 18-Aug-2017
Status: Current
Board Members(5)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 15 Feb 2019 | ₹150.00 Cr | Open |
Axis Bank Limited Creation Date: 11 Apr 2018 | ₹20.00 Cr | Open |
Hdfc Bank Limited Creation Date: 15 Dec 2009 | ₹65.00 Cr | Open |
Deals i
Gain comprehensive insights into the Deals and Valuation data of Automotive Axles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Automotive Axles's trajectory.
Rating
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Alert
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Related Corporates (Common Directorship)
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Active
38 years 4 months Bhalachandra Hattarki is a mutual person
Meritor Hvs (India) Limited
Active 26 years 2 months Bhoopalam Prabhakar, Babasaheb Kalyani and 1 more are mutual person
Recent activity within the organization
Annual General Meeting
Automotive Axles Limited last Annual general meeting of members was held on 03 Aug 2023 as per latest MCA records.
03 Aug 2023Balance Sheet
Automotive Axles Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
31 Mar 2023Director Appointment
Nagaraja Sadashiva Murthy Gargeshwari was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Apr 2022 & has been associated with this company since 2 years 1 month .
07 Apr 2022Director Appointment
Kenneth James Hogan was appointed as a Director was appointed as a Director on 14 May 2021 & has been associated with this company since 2 years 11 months .
14 May 2021Charges
A charge with Axis Bank Limited of Rs. 20.00 cr registered on 11 Apr 2018 with Charge ID 100186254 was modified on 12 Jan 2021.
12 Jan 2021
Recent News, Updates & Announcement
Automotive Axles Q2 profit doubles to Rs 204 cr revenue rises 54.Moneycontrol 15 Nov 2017
- Automotive Axles opens RD plant in Mysuru.
The Hindu 21 Sep 2017
- Automotive Axle appoints Company SecretaryCompliance Officer.
Pursuant to Regulation 30 and Regulation 6 of the SEBILODR Regulations 2015 the Board of Directors of Automotive Axle on Friday August 18 2017 has appointed Debadas Panda as the Company Secretary and Compliance Officer of the Company effective August 18 2017.
Moneycontrol 20 Aug 2017
- Automotive Axle appoints Ms S R Batliboi ampamp Associates LLP as Statutory Auditor.
Automotive Axle has appointed Ms S R Batliboi ampamp Associates LLP Chartered Accountants as Statutory Auditor of the Company in place of Ms Deloitte Haskins ampamp Sells Chartered Accountants effective August 18 2017.
Moneycontrol 19 Aug 2017
- Automotive Axles may test Rs 850 SP Tulsian.
SP Tulsian of sptulsiancom Automotive Axles may test Rs 850 in next six months.
Moneycontrol 26 Nov 2015
Frequently asked questions
What is the Incorporation or founding date of Automotive Axles Limited?
