Axles India unlisted share price

Price history

About

Axles India Limited is a Chennai based company that manufactures axle housings for automobile makers. An axle housing is the strong outer casing that holds the axle of a truck or other heavy vehicle. The company says it has manufacturing plants in Sriperumbudur and Cheyyar in Tamil Nadu and sells mainly in India and the United States. It is an unlisted public limited company, and its registered office is at Patullos Road, Chennai. In FY25 (year ended 31 March 2025) the company reported revenue from operations of ₹841.54 crore, against ₹853.88 crore a year earlier. Profit after tax was ₹68.70 crore, down from ₹86.27 crore. These are the company's standalone audited figures. Net worth stood at ₹307.61 crore and total borrowings at ₹50.18 crore, as per the balance sheet and the fair value note. The directors' report says domestic sales of axle housings were 2,15,000 units in FY25. Exports to the USA were marginally lower because of a slowdown in haulage trucks there, and the company said it would start exporting housings to Brazil for long distance haulage trucks. A large part of its sales goes to Dana group companies, which the annual report lists as related parties. The board recommended a dividend of ₹4 per equity share for FY25. The board is led by S Ram as Chairman and V Madhavan as Managing Director. The company has 25,490,646 equity shares of face value ₹10 each, as at 31 March 2025. The annual report does not mention any IPO plan, so there is no IPO journey to report for now. Unlisted shares of a company like this are dealt off-market between buyers and sellers through dealers, and the price shown on IPO Guru, currently ₹625 with a lot size of 100 shares, is only an indicative price, not an exchange traded one.