Company Information
Axles India Limited Unlisted Shares
Board of Directors
Managing Director |
: Madhavan Varadarajan |
Chairman |
: Santhanam Ram |
Company Secretary |
: Bharathi Chellappa |
Chief Financial Officer |
: Yegnanarayanan Krishnamoorthy |
Background
Axles India is a joint venture of Wheels India, Sundaram Finance and Dana Holding Corporation, USA. Axles India has the capability to provide Axle Housings for entire range of Medium and Heavy Commercial Vehicles. The Company manufactures Drive Axle Housings, Trailer Axle Beams, Hub Reduction Axle Housings for medium and heavy duty commercial vehicles.
Registered Office
21, Patullos Road Madras, Chennai, Tamil Nadu, India, 600 002.
Company Highlights
1. The Company has its manufacturing plants in Sriperumbudur and Cheyyar, Tamil Nadu, India.
2. The Company sells primarily in India and United States.
3. The Directors have declared a final dividend of Rs. 14/- per equity share for the year ended March 2024
4. Total income and PAT increased by 14.64% and 63.88% respectively in FY 2024 as compared to FY 2023.
5. EPS of the Company stood at Rs. 33.85/- per share in FY 2024.
6. Company is concurrently working for the timely launch of new products to meet the evolving needs of the CV Market.
INCORPORATION YEAR |
: 1981 |
WEBSITE |
: www.axlesindia.com |
|
|
: bharathi.c@axlesindia.com |
CIN NO |
: U27209TN1981PLC008630 |
ISIN NO. |
: INE701C01011 |
SECTOR |
: Automobile & Ancillaries |
FACE VALUE |
: 10 |
PROMOTER HOLDING |
: 96.66% (2023) |
Financial Information for Last 3 Years (Rupees In Crore)
Particulars |
2024 |
2023 |
2022 |
Equity Capital |
25.48 |
25.48 |
25.48 |
Reserve & Surplus |
249.53 |
185.63 |
149.91 |
Net worth |
275.01 |
211.13 |
175.40 |
Book Value Per share Rs. |
107.92 |
82.84 |
68.83 |
Total Income |
855.10 |
745.93 |
572.37 |
Profit |
86.27 |
52.64 |
33.83 |
EPS Rs. |
33.85 |
20.66 |
13.28 |
