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GNA Axles Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

GNA Axles Ltd: History, Latest Updates, Milestones, Subsidiaries and Share Price

INTRODUCTION

GNA Axles Ltd is a leading name in the Indian automotive industry, renowned for its precision-engineered products and commitment to quality. Established in 1993, the company has carved a niche for itself as one of the largest manufacturers of rear axle shafts and spindles globally, catering to the requirements of various sectors, including commercial vehicles, off-highway vehicles, and agricultural machinery. Headquartered in Punjab, India, GNA Axles has consistently demonstrated its prowess in delivering innovative solutions to meet the evolving demands of the automotive market.

This article delves into the journey of GNA Axles Ltd, exploring its rich history, recent developments, key milestones, subsidiaries, and insights into GNA Axles share price performance. Whether you're an investor tracking the GNA Axles share price, an industry enthusiast, or simply curious about the company's evolution, this comprehensive overview will provide valuable insights into what makes GNA Axles Ltd a standout player in the automotive components sector.

 

GNA Axles Ltd moves in 2025-2026:

GNA Axles Ltd reported total sales of Rs. 3,442.08 million for the June 2025 quarter, marking a decline from Rs. 3,996.22 million in the same quarter last year.

The company’s net profit dropped by 17.12%, falling to Rs. 230.28 million from Rs. 277.84 million year-over-year.

Operating profit also decreased to Rs. 513.66 million compared to Rs. 553.74 million in the previous corresponding quarter.

The decline reflects a moderation in performance due to market headwinds, though the company continues to focus on efficiency and cost optimization.

 

GNA Axles Ltd moves in 2024-2025:

  • Financial Performance:
    • GNA Axles Ltd reported total income of Rs. 15,086.66 crore for the fiscal year ending March 31, 2024.
    • The company achieved a net profit of Rs. 28.53 crore in the quarter ending September 2024, reflecting steady growth.
  • Market Capitalization:
    • As of January 2025, GNA Axles Ltd's market capitalization stood at approximately Rs. 1,823 crore, showcasing its strong position in the automotive sector.
  • GNA Axles Share Price Performance:
    • The company’s share price displayed a solid trend, reaching a 52-week high of Rs. 519.00 and a low of Rs. 359.15.
    • Investors remain optimistic about GNA Axles share price, driven by its consistent financial results and expansion plans.
  • Product Portfolio and Innovation:
    • The company continues to lead in manufacturing high-quality axles, spindles, and drive shafts, catering to global markets.
    • Diversification into electric vehicle (EV) components has opened new growth avenues.
  • Strategic Investments:
    • GNA Axles announced a capital expenditure plan of Rs. 400 crore to enhance its production capabilities and support future demands.
  • Global Market Presence:
    • With a significant share of revenues from exports, the company has successfully expanded into South America and Southeast Asia.

These highlights emphasize the company’s financial resilience, innovative strides, and the positive outlook surrounding GNA Axles share price, making it an attractive player in the automotive industry.

 

Evolution of GNA Axles Ltd: From Past to Present:

Past:

  • Founded in 1946 by Sardar Amar Singh Ji, GNA Axles Ltd began its journey as a modest enterprise in Punjab, India. Over the decades, the company established itself as a prominent manufacturer of automotive components, specializing in rear axle shafts, spindles, and other critical parts for the four-wheeler industry. By focusing on quality and innovation, GNA Axles expanded its product portfolio to include forged and machined transmission components, catering to both domestic and international markets. 

Present:

  • Today, GNA Axles Ltd stands as a leading player in the automotive components sector, renowned for its precision-engineered products and global reach. The company has made significant investments in advanced manufacturing technologies and has diversified into components for electric vehicles (EVs), aligning with the industry's shift towards sustainability. With a strong market capitalization and a commitment to innovation, GNA Axles continues to strengthen its position in both existing and emerging markets.
NameGNA Axles Ltd
Founded year1946
Founder

Sardar Amar Singh Ji


 

HeadquartersPunjab, India
SectorAutomobile and Ancillaries
SubsidiariesGNA Axles Inc.
Nse codeGNA
Bse code540124

 

Timeline of  GNA Axles Ltd :

YearMilestone
1993Incorporated as GNA Axles Limited on September 6, 1993, in Jalandhar, Punjab, India.
1994Obtained the certificate for commencement of business.
1995Began supplying fully finished and ready-to-assemble mechanized axle shafts to Original Equipment Manufacturers (OEMs), including Mahindra & Mahindra Limited.
2002-2003Expanded into international markets by starting exports to the USA and Europe.
2004Installed a 13" Upsetter along with a new heat treatment shop to enhance manufacturing capabilities.
2007Commissioned a 66 kVA dedicated electricity supply line for Unit I, ensuring a stable power supply for operations.
2008Invested in advanced forging technology by installing a direct drive screw press supported by robots for rear axle shafts production.
2012Commissioned Unit II, equipped with facilities for machining commercial vehicle axle shafts and spindles.
2013Enhanced production capabilities by commissioning a Lasco extrusion press supported by robots and an electric heat treatment furnace at Unit II. Additionally, installed a direct drive screw press for heavy axle shaft forgings supported by robots at Unit I.
2015Commissioned another 66 kVA dedicated electricity supply line for Unit II to support expanded operations.
2016Listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) in India, marking its entry into the public equity markets.
2024Announced a capital expenditure plan of Rs. 400 crore to enhance manufacturing capabilities and support future growth.

 

Inside GNA Axles Ltd: 

GNA Axles Ltd

Corporate actions: GNA Axles Ltd. has announced eight dividends since September 6, 2018. Over the past 12 months, the company declared an equity dividend of Rs. 3.00 per share. Based on the current GNA Axles share price as on 9 October 2025, of Rs. 383.75, the dividend yield stands at 0.96%.

Main News:

March 2024: The Board approved a capital expenditure plan amounting to Rs. 400 crores to enhance manufacturing capabilities and support future growth.

June 2024: For the quarter ending June 2024, GNA Axles reported standalone net sales of Rs. 399.62 crores, marking a 6.84% increase compared to the same period in the previous year.

September 2024: In the quarter ending September 2024, the company reported standalone net sales of Rs. 387.55 crores, a 4.12% decrease year-over-year. 

Current GNA Axles Ltd NSE:

COMPANY NAMESECTORSHARE PRICE LINK
GNA Axles Ltd Automobile and Ancillaries GNA Axles share price live

 

Achievements and Milestones:

YearEvent
2021Partner Level Performance Award for achieving excellence in 2020
2017Commendable Performance Award from John Deere India Supplier Meet
2015Best Supplier Award from Tractors and Farm Equipment Limited
2013Preferred Commodity Supplier (Forging) Award from Automotive Axles Limited
2013Long Association Award from Escorts Limited
2012Commendable Performance Award from John Deere
2012Best Supplier on VA/VE Award from Oerlikon Drive Systems
2010Long Association Award from Tractors and Farm Equipment Limited
2010Supplier Recognition Award for Outstanding Contribution to the AAM India Team
2010Best CRE Performance Award in Farm Equipment Sector by Mahindra & Mahindra Limited
2009Best CRE Performance Award in Farm Equipment Sector by Mahindra & Mahindra Limited
2009Overall Performance Award for Commendable Performance by John Deere
2016Certificate of Excellence for outstanding performance in quality from Kubota Agricultural Machinery India Pvt. Ltd.
2016Platinum Award for best-in-class delivery performance from Automotive Axles
2022Drive Customer Centricity Award from Dana
2012Best Quality Award from Escorts Agri Machinery

 

CONCLUSION

In conclusion, GNA Axles Ltd has consistently showcased its strong presence in the automotive components sector, achieving remarkable milestones and receiving numerous awards for its performance, quality, and supplier recognition. As a leader in manufacturing axle shafts and spindles, the company continues to drive innovation and expand its market presence. With its solid financial growth, strategic investments, and commitment to sustainability, GNA Axles remains a prominent player in the industry. As investors closely monitor the GNA Axles share price, the company’s ongoing progress and expansion make it an attractive investment option in the automotive sector.

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Frequently Asked Questions:

Where can I find real-time updates on the GNA Axles share price in India?

Explore the Live GNA Axles share price and real-time stock price updates on Enrich Money's stock analysis page here.

What has been the peak GNA Axles share price in the last 52 weeks?

52 Week's highest GNA Axles stock price is Rs 458.75, while 52 Week's lowest GNA Axles share price is Rs 271.05.

How wisely has GNA Axles managed its debt-to-equity ratio compared to the industry average, and how might this affect GNA Axles share price?

GNA Axles has wisely maintained a debt-to-equity ratio of 34.75%, which is lower than the industry average of 68.18%. This conservative approach to debt can positively impact the GNA Axles share price over time.

Has GNA Axles wisely achieved revenue growth, and how could this affect the future of GNA Axles share price?

GNA Axles has wisely achieved a revenue growth rate of 10.19% annually, surpassing the industry average of 8.46%. Continued revenue growth could positively influence GNA Axles share price as investors respond to strong financial performance.

Has GNA Axles wisely outperformed the industry in terms of revenue growth, and what does this mean for GNA Axles share price?

Yes, GNA Axles has wisely outpaced the industry with an annual revenue growth rate of 10.19%, compared to the industry average of 8.46%. This performance could lead to an increase in GNA Axles share price as investors recognize the company's growth potential.

 

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Disclaimer: This blog is dedicated exclusively for educational purposes. Please note that the securities and investments mentioned here are provided for informative purposes only and should not be construed as recommendations. Kindly ensure thorough research prior to making any investment decisions. Participation in the securities market carries inherent risks, and it's important to carefully review all associated documents before committing to investments. Please be aware that the attainment of investment objectives is not guaranteed. It's important to note that the past performance of securities and instruments does not reliably predict future performance.

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