AUTOAXLES

What Automotive Axles promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 5 delivered 0 missed 10 open
  • EBITDA Margin delivered said Q3 FY25 Promised: Improve beyond 13-13.5% in the next 3 to 4 years Q1 FY27: Achieved 13.6% EBITDA margin, one of the highest ever, surpassing the 13-13.5% target range.
  • Industry Volume revised up said Q4 FY26 Promised: Overall TIV (Total Industry Volume) to be 400,000+ vehicles in FY27 Q1 FY27: Industry volume forecast for FY27 revised upwards. Initial projection was a 15-20% decline from FY26 (480k units), now revised to a smaller 5-10% decline. This keeps the volume well above the 400k+ target.
  • Revenue on track said Q3 FY25 Promised: Double revenue by 2029-2030 (14-16% CAGR) Q1 FY27: Q1 revenue dipped to INR 516.8 cr, a sequential decline. However, management focus is on capacity expansion (40% of Phase 1/1a capex done) to meet future demand, keeping the long-term target viable.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 15 tracked commitments for Automotive Axles — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens