| P&L Statement | 2022 |
|---|---|
| Revenue | 569 |
| Cost of Material Consumed | 362 |
| Change in Inventory | 1 |
| Gross Margins | 36.2 |
| Employee Benefit Expenses | 63 |
| Other Expenses | 89 |
| EBITDA | 54 |
| OPM | 9.49 |
| Other Income | 3 |
| Finance Cost | 0.4 |
| D&A | 7.56 |
| EBIT | 11 |
| EBIT Margins | 43 |
| PBT | 45 |
| PBT Margins | 7.91 |
| Tax | 11 |
| PAT | 34 |
| NPM | 5.98 |
| EPS | 13.34 |
| Financial Ratios | 2022 |
|---|---|
| Operating Profit Margin | 9.49 |
| Net Profit Margin | 5.98 |
| Earning Per Share (Diluted) | 13.34 |
| Assets | 2022 |
|---|---|
| Fixed Assets | 58 |
| CWIP | 1 |
| Investments | 0.5 |
| Trade Receivables | 174 |
| Inventory | 104 |
| Other Assets | 33.5 |
| Total Assets | 371 |
| Liabilities | 2022 |
|---|---|
| Share Capital | 25.48 |
| FV | 10 |
| Reserves | 150 |
| Borrowings | 58 |
| Trade Payables | 103 |
| Other Liabilities | 34.52 |
| Total Liabilities | 371 |
| Cash-Flow Statement | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| PBT | 45 | 71 | 115 | 93 |
| OPBWC | 55 | 83 | 130 | 104 |
| Change in Receivables | -28 | -41 | 13 | 11.5 |
| Change in Inventories | -11 | -20 | -86 | 31 |
| Change in Payables | 12 | 8 | 10 | -4 |
| Other Changes | -3 | 7 | -5 | -2.5 |
| Working Capital Change | -30 | -46 | -68 | 36 |
| Cash Generated From Operations | 25 | 37 | 62 | 140 |
| Tax | -12 | -19 | -30 | -22 |
| Cash Flow From Operations | 13 | 18 | 32 | 118 |
| Purchase of PPE | -9.5 | -13 | -30 | -32 |
| Sale of PPE | 0.05 | 0.09 | 0 | 0 |
| Cash Flow From Investment | -9 | -12 | -32 | -30 |
| Borrowing | -19 | -5.15 | 29 | -32 |
| Dividend | 0 | -10 | -23 | -36 |
| Equity | 0 | 0 | 0 | 0 |
| Others From Financing | -1 | -1.85 | -2 | -1 |
| Cash Flow from Financing | -20 | -17 | 4 | -69 |
| Net Cash Generated | -16 | -11 | 4 | 19 |
| Cash at the Start | 33 | 17 | 6 | 10 |
| Cash at the End | 17 | 6 | 0 | 29 |
Axles India Limited (AIL) is an unlisted Indian company engaged in the manufacture of axle-housings for medium and heavy commercial vehicles, operating primarily from its plants in Sriperumbudur and Cheyyar in Tamil Nadu. The firm is a joint venture backed by entities including Wheels India Limited (~9.5%), Sundaram Finance Holdings (~38.3%) and Dana Holding Corporation (USA) (~48.3%) which lends it technological access and OEM relationships in the global commercial-vehicle ecosystem. In recent years AIL has shown healthy growth: for FY 2023-24 it reported revenues of Rs 854 crore and a net profit of Rs 86 crore, implying an EPS of about Rs 33.74.
In terms of its unlisted-share investment case, AIL appears to be on a strong footing: it has kept its debt-equity ratio low (around 0.16 in FY25) and generated improving return ratios (ROE ~24% in FY25, ROCE ~26%). (Wealth Wisdom) On the flip side, as an unlisted stock, it comes with inherent risks: limited liquidity (buyers/sellers are fewer than for listed stocks), weak valuation transparency (market prices vary across grey-market platforms around Rs 600-Rs 750 per share as of recent data) and the business is subject to the cyclicality of the commercial-vehicle sector (which affects demand for axles). For investors, the key considerations would include reviewing the company’s exposure to domestic and export demand, monitoring management’s capacity-expansion plans, and behaving with an unlisted-share mindset (longer investment horizon, less chance of easy exit).
1. What are Axles India Limited unlisted shares?
Axles India Limited unlisted shares are equity shares of Axles India that are not yet listed on the stock exchange. Investors can buy and sell these shares privately before the company’s IPO through authorized brokers or unlisted share platforms.
2. What is the current price of Axles India unlisted shares?
The price of Axles India unlisted shares varies based on demand, company performance, and market conditions. Investors should check real-time quotes from trusted unlisted share dealers or platforms for the latest price.
3. How can I buy Axles India Limited unlisted shares in India?
You can buy Axles India unlisted shares by contacting verified unlisted share brokers, completing KYC, transferring funds, and receiving shares in your Demat account through off-market transfer.
4. Is it safe to invest in Axles India's unlisted shares?
Unlisted shares carry higher risk due to low liquidity, limited disclosures, and price volatility. However, investors can reduce risk by reviewing financials, business fundamentals, and dealing only with reputed brokers.
5. Can I sell Axles India unlisted shares before IPO?
Yes. Axles India unlisted shares can be sold anytime through off-market transactions via unlisted share dealers, subject to buyer availability and market demand.
6. Will Axles India Limited launch an IPO?
There is no confirmed IPO date for Axles India Limited. Companies typically go public based on growth plans, funding needs, and market conditions. Investors should monitor company announcements and financial news.
7. What factors affect Axles India unlisted share price?
Key factors include company revenue growth, profitability, industry demand, IPO expectations, market sentiment, and overall economic conditions.
8. Who should invest in Axles India unlisted shares?
These shares are suitable for long-term investors with high risk tolerance who understand private market investments and seek pre-IPO growth opportunities.