GNA Axles Ltd

GNA Axles Ltd

₹ 567 -4.21%
17 Jul - close price
About

GNA Axles is engaged in the Business of manufacturing auto components for the four-wheeler industry, primary product being Rear Axles, Shafts, Spindles & other Automobiles Components for sale in domestic and foreign market.

Key Points

Product Portfolio[1]
a) Rear Axle Shafts: The flagship product, GNA manufactures shafts ranging from 2 kg to 150 kg for commercial vehicles, tractors, off-highway vehicles, and SUVs.

  • Market Cap 2,434 Cr.
  • Current Price 567
  • High / Low 603 / 292
  • Stock P/E 18.4
  • Book Value 234
  • Dividend Yield 0.53 %
  • ROCE 14.3 %
  • ROE 12.3 %
  • Face Value 10.0

Pros

Cons

  • Promoter holding has decreased over last quarter: -2.65%
  • The company has delivered a poor sales growth of 10.7% over past five years.
  • Company has a low return on equity of 12.6% over last 3 years.
  • Company might be capitalizing the interest cost
  • Dividend payout has been low at 10.5% of profits over last 3 years
  • Company has high debtors of 151 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
374 404 357 371 400 388 375 378 344 348 375 411 470
315 349 310 335 345 335 323 327 294 287 306 354 398
Operating Profit 59 55 47 36 55 53 52 50 50 61 69 57 72
OPM % 16% 14% 13% 10% 14% 14% 14% 13% 15% 18% 18% 14% 15%
1 1 0 0 1 1 1 1 1 0 1 0 1
Interest 3 3 2 3 4 2 4 3 4 3 4 3 4
Depreciation 12 15 13 13 14 14 15 14 16 16 19 19 18
Profit before tax 45 37 32 20 38 37 35 34 31 42 47 37 52
Tax % 26% 26% 30% 17% 26% 24% 27% 26% 27% 26% 33% 16% 26%
33 28 22 17 28 29 25 25 23 31 32 31 38
EPS in Rs 7.73 6.44 5.23 3.90 6.47 6.65 5.91 5.93 5.36 7.27 7.44 7.18 8.93
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
430 509 513 670 928 909 890 1,270 1,583 1,506 1,540 1,478 1,605
370 426 433 567 783 784 746 1,090 1,350 1,309 1,329 1,240 1,344
Operating Profit 60 82 80 103 145 124 144 181 233 197 211 238 260
OPM % 14% 16% 16% 15% 16% 14% 16% 14% 15% 13% 14% 16% 16%
1 0 3 3 0 1 2 1 1 2 3 3 3
Interest 17 16 13 7 8 14 9 11 11 12 12 13 13
Depreciation 23 27 24 25 35 42 41 50 49 53 57 70 72
Profit before tax 21 39 47 74 103 70 96 121 175 135 144 158 178
Tax % -4% 34% 37% 31% 36% 24% 27% 26% 25% 26% 26% 26%
22 26 30 51 66 53 71 89 130 100 107 117 132
EPS in Rs 7.13 8.57 6.90 11.86 15.35 12.30 16.44 20.70 30.36 23.30 24.95 27.25 30.82
Dividend Payout % 0% 0% 0% 8% 9% 0% 15% 12% 10% 9% 12% 11%
Compounded Sales Growth
10 Years: 11%
5 Years: 11%
3 Years: -2%
TTM: 8%
Compounded Profit Growth
10 Years: 16%
5 Years: 11%
3 Years: -4%
TTM: 29%
Stock Price CAGR
10 Years: %
5 Years: 18%
3 Years: 8%
1 Year: 67%
Return on Equity
10 Years: 15%
5 Years: 14%
3 Years: 13%
Last Year: 12%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 15 15 21 21 21 21 21 21 21 43 43 43
Reserves 98 123 275 320 380 425 496 574 693 759 857 962
153 139 117 142 170 194 197 222 203 213 259 218
160 170 163 199 211 180 245 225 252 203 206 298
Total Liabilities 426 447 577 682 782 821 960 1,042 1,171 1,219 1,365 1,520
159 147 132 191 229 244 295 291 306 344 406 459
CWIP 0 0 3 0 16 61 0 0 12 8 0 35
Investments 0 0 0 0 0 0 0 0 0 0 0 0
267 299 443 492 538 515 665 751 853 866 959 1,027
Total Assets 426 447 577 682 782 821 960 1,042 1,171 1,219 1,365 1,520

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
27 74 -90 60 72 119 33 41 105 98 92 214
-14 -16 -8 -78 -88 -123 -28 -46 -66 -86 -111 -155
-13 -58 98 19 16 4 -5 4 -39 -13 26 -66
Net Cash Flow -0 -0 -0 0 -0 -0 0 -0 0 -0 7 -7
Free Cash Flow 13 60 -101 -22 -16 15 3 -4 30 10 -18 56
CFO/OP 55% 90% -87% 81% 75% 112% 41% 41% 65% 68% 62% 107%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 103 116 130 128 123 119 180 136 129 138 151 151
Inventory Days 120 105 126 132 96 90 100 82 65 84 80 117
Days Payable 194 177 174 157 113 102 149 88 78 77 76 128
Cash Conversion Cycle 30 44 82 103 107 106 130 130 116 145 155 139
Working Capital Days 24 13 51 67 78 83 107 89 85 102 122 133
ROCE % 15% 20% 17% 18% 21% 14% 15% 17% 21% 15% 14% 14%

Insights

In beta
Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Commercial Vehicle Segment Sales Volume
Lacs pieces

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Domestic Sales Volume
Lacs pieces
Export Sales Volume
Lacs pieces
Installed Capacity
Million pieces per annum
Off-Highway Segment Sales Volume
Lacs pieces
Rear Axle Shafts Sales Volume
Lacs pieces
Spindles Sales Volume
Lacs pieces
Total Sales Volume
Lacs pieces

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
68.15% 68.15% 68.16% 68.16% 67.81% 67.89% 68.83% 68.95% 68.95% 68.58% 68.43% 65.78%
1.12% 0.37% 0.20% 0.28% 0.61% 0.48% 0.41% 0.56% 0.32% 0.35% 1.27% 1.70%
10.83% 10.95% 11.01% 11.23% 11.77% 12.42% 11.31% 11.32% 11.38% 11.42% 11.00% 11.59%
19.90% 20.54% 20.63% 20.32% 19.82% 19.21% 19.45% 19.17% 19.34% 19.64% 19.29% 20.94%
No. of Shareholders 45,72849,42450,80550,10048,62047,94548,13946,81446,28945,28540,05040,672

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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