Automotive Axles Ltd — earnings calls

Automotive Axles reported Q1 FY27 revenue of Rs. 5,168 million with EBITDA at 13.6%, up from 12.4% in the prior quarter and 9.7% a year earlier. Management attributed the margin improvement to favorable product mix and moderated employee costs following the prior quarter's long-term settlement impact. Management also revised its full-year industry volume outlook to a decline of 5%-10% versus last year, better than an earlier projection of 15%-20% lower.

Automotive Axles reported Q4 FY26 revenue of INR6,643 million, up about 18% sequentially and year-over-year, with EBITDA margin of 12.4% and PAT margin of 8%. For the full year FY26, revenue grew 5% to INR21,777 million with EBITDA margin of 12.4% (10.6% after an exceptional item) and PAT of INR1,643 million. Management discussed capacity utilization near 90% in Q4, an ongoing capex program to expand capacity by December 2026, and plans to grow exports and new product lines including a heavy-duty tractor-trailer axle.