Automotive Axles Profile
Key Indicators
- Authorised Capital ₹ 25.00 Cr
- Paid Up Capital ₹ 15.11 Cr
- Company Age 43 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 235.00 Cr
- Satisfied Charges ₹ 283.98 Cr
- Revenue Growth 55.77%
- Profit Growth 117.90%
- Ebitda 91.17%
- Net Worth 22.26%
- Total Assets 10.67%
About Automotive Axles
Automotive Axles Limited (AAL) is a leading Public Limited Indian Non-Government Company incorporated in India on 21 April 1981 and has a history of 43 years and 11 months. Its registered office is in Mysore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 505010 and on the National Stock Exchange(NSE) under AUTOAXLES.
The Company is engaged in the Automotive Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 25.00 Cr and a paid-up capital of Rs 15.11 Cr.
The company currently has active open charges totaling ₹235.00 Cr. The company has closed loans amounting to ₹283.98 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Automotive Axles Limited India are Mr S as CFO and Debadas Panda as Company Secretary. Bhoopalam Prabhakar, Babasaheb Kalyani, Girish Nadkarni, and Four other members serve as directors at the Company.
Company Details
- Location
Mysore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Automotive
What products or services does Automotive Axles Limited offer?
Automotive Axles Limited offers a wide range of products and services, including Industrial Disc Brakes, Drum Brakes, Axle, Drive Axles, Brakes & Braking Systems, Brake Parts, Engine & Engine Spare Parts, Engine Components, Gearbox, Axle, Sprocket & Gear Parts, Automobile Body Coach Building.
Who are the key members and board of directors at Automotive Axles?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mr S  | CFO | 01-Apr-2016 | Current |
| Debadas Panda | Company Secretary | 18-Aug-2017 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kenneth Hogan  | Director | 14-May-2021 | Current |
| Girish Nadkarni | Director | 20-Aug-2024 | Current |
| Bhoopalam Prabhakar | Director | 27-Jan-2005 | Current |
| Babasaheb Kalyani | Director | 05-Mar-1998 | Current |
| Bhalachandra Hattarki | Director | 12-Jan-2007 | Current |
| Nagaraja Gargeshwari | Whole-Time Director | 07-Apr-2022 | Current |
Financial Performance of Automotive Axles.
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Automotive Axles?
In 2023, Automotive Axles had a promoter holding of 71.04% and a public holding of 28.96%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Delhi International Airport LimitedBijal Ajinkya is a mutual person
Kalyani Mukand LimitedBhalachandra Hattarki is a mutual person
- Hospet Steels Limited
Bhalachandra Hattarki is a mutual person
Course5 Intelligence LimitedBijal Ajinkya is a mutual person
Charges (Loans)
Open Charges
₹235.00 Cr
Satisfied Charges
₹283.98 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 215.00 Cr
- Axis Bank Limited : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Feb 2019 | Hdfc Bank Limited | ₹150.00 Cr | Open |
| 11 Apr 2018 | Axis Bank Limited | ₹20.00 Cr | Open |
| 15 Dec 2009 | Hdfc Bank Limited | ₹65.00 Cr | Open |
| 30 Mar 2012 | Axis Bank Limited | ₹13.75 Cr | Satisfied |
| 20 Dec 2011 | Hdfc Bank Limited | ₹14.00 Cr | Satisfied |
How Many Employees Work at Automotive Axles?
Automotive Axles has a workforce of 970 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
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
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Automotive Axles
Recent activity within the organization
- Director Appointment
Girish Dinanath Nadkarni was appointed as a Director was appointed as a Director on 20 Aug 2024 & has been associated with this company since 7 months 8 days .
- Annual General Meeting
Automotive Axles Limited last Annual general meeting of members was held on 05 Aug 2024 as per latest MCA records.
- Director Appointment
Bijal Tushar Ajinkya was appointed as a Director was appointed as a Director on 01 May 2024 & has been associated with this company since 10 months 27 days .
- Balance Sheet
Automotive Axles Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director 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 11 months .
- Director 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 3 years 10 months .
Recent News, Updates & Announcement
- Automotive Axle appoints Company Secretary/Compliance Officer.
Pursuant to Regulation 30 and Regulation 6 of the SEBI(LODR) 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.
- Automotive Axle appoints M/s S R Batliboi & Associates LLP as Statutory Auditor.
Automotive Axle has appointed M/s S R Batliboi & Associates LLP, Chartered Accountants as Statutory Auditor of the Company in place of M/s. Deloitte Haskins & Sells, Chartered Accountants effective August 18, 2017..
- Automotive Axles may test Rs 850: SP Tulsian.
SP Tulsian of sptulsian.com Automotive Axles may test Rs 850 in next six months..
Frequently asked questions
What is the Incorporation or founding date of Automotive Axles Limited?
Automotive Axles Limited was incorporated on 21 Apr 1981.
What is authorized share capital and paid-up capital of Automotive Axles Limited?
The authorized share capital of Automotive Axles Limited is ₹ 25.00 Cr and paid-up capital is ₹ 15.11 Cr.
Who are the current board members & directors of Automotive Axles Limited?
Currently 9 directors are associated with Automotive Axles Limited.
- Bhoopalam Chandrashekharaiah Prabhakar
- Babasaheb Neelkanth Kalyani
- Girish Dinanath Nadkarni
- Bhalachandra Basappa Hattarki
- Nagaraja Sadashiva Murthy Gargeshwari
- Bijal Tushar Ajinkya
- Kenneth James Hogan
- Mr Ranganathan S
- Debadas Panda
What is the registered address of Automotive Axles Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Automotive Axles Limited is Hootagalli Industrial Area Off. Hunsur Road, Mysore India, Karnataka, 570018.
What is the corporate identification number (CIN) and company number of Automotive Axles Limited?
The corporate identification number (CIN) of Automotive Axles Limited is L51909KA1981PLC004198 and the company number is 004198 as per Ministry of Corporate Affairs (MCA).
Is Automotive Axles Limited registered with any stock exchange in India?
Yes, Automotive Axles Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AUTOAXLES.
What is the official website of Automotive Axles Limited?
The Official website of Automotive Axles Limited is https://www.autoaxle.com
What has been the recent revenue trend for Automotive Axles Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Automotive Axles Limited has risen by 55.77%.
How many employees does Automotive Axles Limited currently have?
As Per 2023 financial reports, 970 employees are currently employed by Automotive Axles Limited.
What change has been observed in the net worth of Automotive Axles Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Automotive Axles Limited has experienced an upsurge of 22.26%.
What are the total open charges for Automotive Axles Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Automotive Axles Limited amount to ₹ 235.00 Cr.
When was the last Balance Sheet of Automotive Axles Limited filed with the ROC?
The most recent Balance Sheet for Automotive Axles Limited was filed with the ROC on 31 Mar 2024.
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