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AXLES INDIA LIMITED

Axles India Limited Unlisted Shares Details:

Pan No:

AAACA3173D

Face Value:

₹ 10 Per Equity Share

ISIN:

INE701C01011

Paid Up Equity Capital:

₹ 25.48 Cr

About Axles India Limited

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 the entire range of Medium and Heavy Commercial Vehicles. The production of pressed Axle Holdings is at an annual level of 280000 pressed Axle housings, manufactured in plants at Sriperumbudur and Cheyyar.

Axles India was started in 1982, as a joint venture with Eaton. In 1998, Dana Holding Corporation purchased Eaton Axles Business and Axles India’s shares were part of this agreement.

Axles India commenced production at its Sriperumbudur plant, with an annual volume of 10000 axle housings to Ashok Leyland.

In 1995, to meet the increased demand of domestic OEMs, an additional facility for Axle Housings was set up at Cheyyar.

In 2003, the facility to manufacture Drive Head assemblies was installed.

In 2006, Export oriented unit (EOU) was established for catering to export markets.

In 2011, Drive head business was sold to Dana India Private Limited, SML Isuzu, Mahindra Trucks and Buses and Daimler India Commercial Vehicles. Axles India also exports to Dana, USA, and Volvo Truck Asia.

 

 AXLES INDIA LIMITED
(2019-20)
UPDATED AS ON 21.10.2020
NATURE OF BUSINESS: Axle Housing Manufacturing for entire range of Medium and Heavy Commercial Vehicals. Supplying to giants like Tata Motors, Ashok Leyland, Mahindra Trucks & Buses also Exports to Global giants like Dana, Volvo etc
ISIN NO : INE701C01011
PAN NO.- AAACA3173D
FACE VALUE : Rs. 10/share
PROMOTERS :  
18-19 19-20
PAID UP EQUITY CAPITAL : Rs.25.48 Cr. Rs.25.48 Cr.
RESERVES & SURPLUS : Rs 112.12 Cr Rs 111.35Cr
REVENUE FROM OPERATIONS : Rs 616.08 Cr Rs 404.77 Cr
PROFIT BEFORE TAX : Rs 58.55 Cr Rs 13.97 Cr
NET PROFIT : Rs 38.05 Cr Rs 12.16 Cr
EPS : Rs 14.87/sh Rs 4.52/sh
BOOK VALUE : Rs 54/sh Rs 53.7/sh
COMPANY WEBSITE :
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COMPANY FINANCIAL : Click Here

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