Automotive Axles Limited (AUTOAXLES.NS) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+102.1%

₹3,149.34

vs ₹1,558.50 price

Levered DCF

₹2,949.87

After debt service

Piotroski score

3 / 9

Weak

Altman Z-score

—

Rating

B-

Overall 3 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
P/E	14.22×	15.82×	16.38×	22.05×	34.84×	70.29×	14.11×	15.49×
P/B	2.13×	2.51×	3.11×	4.71×	4.17×	2.88×	1.09×	3.5×
P/S	1.07×	1.18×	1.22×	1.54×	1.74×	1.76×	0.62×	1×
EV / EBITDA	8.14×	11.21×	10.34×	13.68×	18.28×	22.48×	5.48×	8.26×
Gross margin	23.5%	29.0%	27.5%	28.2%	10.3%	7.1%	28.1%	26.2%
Operating margin	9.2%	22.3%	21.3%	9.4%	6.7%	3.6%	6.8%	9.8%
Net margin	7.5%	7.5%	7.5%	7.0%	5.0%	2.5%	4.4%	6.4%
Current ratio	2.96×	3.1×	2.92×	2.37×	1.9×	1.74×	2.59×	2×
Debt / equity	0.01×	0.02×	0.02×	0.04×	0.04×	0.05×	0.07×	0.14×
Interest coverage	128.3×	155.75×	179.31×	74.56×	40.61×	10.89×	35.21×	337.92×
Dividend yield	2.0%	2.0%	1.8%	0.6%	0.3%	0.1%	8.0%	1.1%
Payout ratio	28.0%	31.1%	29.1%	14.0%	9.2%	5.3%	112.9%	16.8%

Key metrics by fiscal year

Metric	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019
Return on equity	15.0%	15.8%	19.0%	21.3%	12.0%	4.1%	7.7%	22.6%
Return on invested capital	13.5%	34.2%	39.3%	20.4%	11.4%	4.2%	7.5%	19.4%
Return on assets	10.8%	11.5%	13.5%	14.0%	7.1%	2.4%	5.6%	13.0%
Free cash flow yield	5.1%	4.1%	8.9%	1.0%	0.8%	0.9%	23.2%	-2.9%
Earnings yield	7.0%	6.3%	6.1%	4.5%	2.9%	1.4%	7.1%	6.5%
Enterprise value	₹20.9B	₹24.7B	₹27.1B	₹35.9B	₹25.4B	₹15.5B	₹5.4B	₹19.2B
Net debt / EBITDA	-0.95×	0.03×	-0.04×	0.06×	-0.37×	-0.62×	-0.39×	0.14×
Cash conversion cycle (days)	56	59	54	60	52	66	74	52