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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Automotive Axles Limited is an India-based company, which is primarily engaged in manufacturing of axles and brakes at Mysore, Rudrapur and Jamshedpur. The Company's products include drive axles, front steer axles, defense axles, off-highway axles, non-drive axles, drum brake…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A high-quality, stagnant business, trading cheap versus its own history.
Automotive Axles is scored on the general / industrial framework. It keeps a slim 7.4% of every rupee of sales as net profit. Cash broadly tracks reported profit (CFO/PAT 1.05×). Free cash flow is worth about 3.3% of its market value.
Over the last 3 years revenue compounded at -2%/yr and profit at 1%/yr. Book value has grown 13%/yr. Return on equity is a healthy 15.0%. In the latest quarter profit fell 15% versus the prior quarter.
At 15× earnings, the stock sits at the 3rd percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price asks for only ~4%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 13.69 | 38.56 | better |
| P/B | 2.17 | 4.21 | better |
| EV/EBITDA | 8.04 | 18 | better |
| ROE | 14.96 | 13.33 | better |
| ROCE | 19.89 | 11.96 | better |
| ROA | 11.46 | 5.52 | better |
| Quick Ratio | 2.43 | 3.56 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Samvardhana Motherson Intl | 34.3 | 3.6 | 10.4% |
| Bosch | 63.4 | 10.1 | 15.8% |
| Uno Minda | 54.4 | 10.3 | 17.7% |
Negative CAGR — the top line has shrunk over this window. Growth is accelerating — latest year outpaced the prior year's rate.
Operating margins have been stable around 10% — no major structural shift.
ROE at 15% — a respectable return on shareholder capital. Capital efficiency declining — ROE down 6pp.
0% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 21% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 15% above earlier ones.
Profit fell 15% QoQ — one-quarter drops can be noise, but a pattern matters.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 71.0% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.