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G N A Axles Limited (GNA) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹24.7B (≈ $262M) · ISIN INE934S01014

What is G N A Axles Limited really worth?

GN G N A Axles Limited GNA · BSE
Price₹552.45
Fair Value₹339.34
Upside−38.6%
Quality57/100

A solid business, but trading 63% above our fair value of ₹339.34.

As of Aug 20, 2026, the fair value of G N A Axles Limited is ₹339.34 per share against a price of ₹552.45, so the fair value sits 39% below the price. A model estimate blended from multiple valuation models, recalculated regularly.

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Strengths

Low debt · generates free cash flow

Risks

!Weak Growth (revenue 5y +10.2 %/yr)
!Thin margins · 8.1% net margin
!Moderate moat 50/100

For context

·0.54% dividend yield
Evidence: High Range ₹205.73 – ₹505.41

Fair value as of: Aug 20, 2026

From 23 valuation models · updated 17 days ago

Share price +4.3% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (₹505.41). The favourable scenario is already priced in.
  • Solid but not exceptional quality (57/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (₹205.73 to ₹505.41) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

₹591.30 ₹170.48 Fair Value ₹339.34 Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range ₹170.48 – ₹591.30 · fair‑value band ₹205.73 – ₹505.41 · the ₹552.45 price screens above the ₹339.34 fair value. Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

G N A Axles Limited (GNA) currently trades at ₹552.45, while our model-based Fair Value estimate is ₹339.34, implying the stock looks roughly 62.8% overvalued today. The Quality Score stands at 57/100 (solid quality), in the Consumer Cyclical sector. Bull case: the Growth Earnings group reads highest at a median of ₹494.72 per share, and 3 of the 23 models we run sit above the ₹552.45 price. Bear case: the Asset-Based group reads lowest at ₹156.71, and 20 of the 23 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, G N A Axles Limited generated revenue of ₹14.5B at a net margin of 8.1%. Revenue grew 0.1% year over year. It earns a return on equity of 12.3%. Net debt stands at ₹1.8B. Fundamentals as of Aug 20, 2026

Our scenario range runs from ₹205.73 (bear case) to ₹505.41 (bull case); at ₹552.45, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 8% below its 52-week high and 89% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at −38% fair-value upside, at −39%, GNA screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 8 months have passed since. In that time the company retained roughly ₹18.98 per share, which is 5.1 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF ₹118.34 ₹184.38 ₹280.10 79
Growth DCF ₹122.06 ₹182.70 ₹266.46 78
Owner Earnings ₹50.50 ₹84.65 ₹134.15 75
All 23 models by family
DCF Models
FCF DCF ₹118.34 ₹184.38 ₹280.10 79
Owner Earnings ₹50.50 ₹84.65 ₹134.15 75
5Y Revenue Exit ₹198.79 ₹339.93 ₹517.13 71
5Y EBITDA Exit ₹288.29 ₹501.05 ₹743.18 74
5Y P/E Exit ₹281.35 ₹488.56 ₹698.86 70
10Y Revenue Exit ₹159.32 ₹280.15 ₹435.65 65
10Y EBITDA Exit ₹223.76 ₹389.75 ₹602.20 67
10Y P/E Exit ₹219.40 ₹381.25 ₹569.54 63
Earnings-Based
Graham-Dodd ₹185.24 ₹468.27 ₹608.43 65
PEG = 1.0 ₹86.57 ₹123.68 ₹160.78 57
EPV ₹240.62 ₹284.42 ₹322.74 74
Multiples
P/E Multiple ₹449.49 ₹599.32 ₹749.15 63
P/S Multiple ₹302.81 ₹403.75 ₹504.69 58
P/B Multiple ₹347.33 ₹463.11 ₹578.89 55
EV/EBIT ₹450.33 ₹607.82 ₹765.32 66
EV/EBITDA ₹439.66 ₹593.60 ₹747.54 67
EV/Revenue ₹260.47 ₹381.59 ₹502.72 53
Asset-Based
NCAV (Graham) ₹116.95 ₹156.71 ₹233.89 54
Growth DCF
Growth DCF ₹122.06 ₹182.70 ₹266.46 78
Rev-Margin DCF ₹198.79 ₹339.39 ₹491.47 72
Economic Profit
Residual Income ₹214.68 ₹251.12 ₹484.13 72
ROIC Compounder ₹241.92 ₹303.57 ₹377.18 72
Growth Earnings
Growth-Adj P/E ₹346.30 ₹494.72 ₹643.13 67

Widest divergence: Growth Earnings (₹494.72) versus Asset-Based (₹156.71). Highest evidence: FCF DCF (79).

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Key figures & financial health

P/E ratio 17.9
P/S ratio 1.45 P/E × margin
EPS (TTM) ₹30.82 price ÷ EPS = P/E 17.9
Dividend yield 0.5% payout 9.7%
Net margin 8.1% FY2025
Return on equity 12.3% TTM
More key figures
Profitability
Return on assets (EBIT) 12.3% avg 5y
Operating margin 12.6% TTM
Growth
Revenue (TTM) ₹14.5B TTM
Revenue growth (YoY) +0.1% 3y avg −3.0%
EPS growth (YoY) +25.9%
Balance sheet & cash flow
Free cash flow ₹558M FY2025
Net debt ₹1.8B FY2025 · ≈ 3.3 yrs of FCF

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 85

Profitability 52
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 44
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 48
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 94
Price trend over the last 3–12 months (market factor)
52W Momentum 92
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

G N A Axles Limited manufactures and sells auto components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia. The company offers rear axle shafts, spindles, and drive shafts. G N A Axles Limited serves off-highway vehicles, commercial vehicles, and SUV vehicle manufacturers.

Full company description

G N A Axles Limited manufactures and sells auto components for the four-wheeler industry in North America, South America, Europe, Asia, and Australia. The company offers rear axle shafts, spindles, and drive shafts. G N A Axles Limited serves off-highway vehicles, commercial vehicles, and SUV vehicle manufacturers. The company was incorporated in 1993 and is based in Hoshiarpur, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

G N A Axles Limited reported revenue of ₹14.4B in FY2025 versus ₹12.7B in FY2021, a compound +3.3%/yr. Reported net income was ₹1.2B in FY2025, compounding +7.1%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
₹14.4B
Latest YoY
−6.2%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−3.0%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.2%
Avg. revenue growth/yr (9Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.2%
Value creation/yr (5Y, in INR) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year. Measured in INR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+6.2% · in INR
Earnings growth per share plus dividend yield: the value created per share and year.
Earnings growth per share+5.7%
Dividend yield0.5%
Trend Two data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.5Y 5.7% vs 10Y 7.1%, steady
Operating margin (EBIT) Operating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11.6% (2020) → 10.4% (2025) · falling
Worst earnings drop46% (2020) · in INR
Revenue +3.3%/yr
FY21 ₹12.7B
FY22 ₹15.8B
FY23 ₹15.1B
FY24 ₹15.4B
FY25 ₹14.4B
Net income +7.1%/yr
FY21 ₹888M
FY22 ₹1.3B
FY23 ₹1,000M
FY24 ₹1.1B
FY25 ₹1.2B

GNA screens 63% overvalued. Compare with O'Reilly Automotive, Inc →

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Cite: Fair Value Calculator (2026). "G N A Axles Limited Fair Value". https://www.fairvalue-calculator.com/stock/GNA.BSE

Peer Group

Auto Parts · 641 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 57 · Above median
Fair Value upside −32% · Below median
Return on equity (TTM) 12% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 8% · Above median
Operating margin (TTM) 13% · Top 25%
Revenue growth 0% · Below median
Dividend yield (TTM) 0.5% · Bottom 25%
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 17.9× · Cheaper than median
P/B 2.46× · Pricier than median
P/S (TTM) 1.71× · Pricier than median
P/FCF 0.5× · Cheaper than median
EV/EBITDA 11.7× · Pricier than median

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

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Fuyao Glass Industry Group 600660 ¥57.67 ¥84.47 +46%
Samvardhana Motherson International Limited MOTHERSON ₹165.30 ₹80.63 −51%
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Genuine Parts Company GPC $137.51 $58.07 −58%
Bosch Limited BOSCHLTD ₹48,700 ₹11,534 −76%
Ningbo Tuopu Group 601689 ¥45.82 ¥28.28 −38%
Bharat Forge Limited BHARATFORG ₹2,063 ₹393.20 −81%

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Frequently asked questions

Is G N A Axles Limited (GNA) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of ₹339.34 versus a price of ₹552.45, about −39% upside (overvalued).
What is the fair value of GNA?
Our model-based fair value for G N A Axles Limited is ₹339.34 (as of Aug 20, 2026), built from audited fundamentals. The current price: ₹552.45.
What is the quality score of GNA?
G N A Axles Limited has a Quality Score of 57/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for G N A Axles Limited (GNA)?
Our model-based price target is the fair value of ₹339.34 (as of Aug 20, 2026) from 23 valuation models. Cautious scenario ₹205.73, optimistic scenario ₹505.41. It is a calculation from audited fundamentals, not an analyst target.
What is the G N A Axles Limited stock forecast for 2026?
Our models put fair value at ₹339.34, about −39% upside versus a price of ₹552.45 (overvalued). Cautious scenario ₹205.73, optimistic scenario ₹505.41. The calculation is refreshed regularly with new filings.
What is the revenue of G N A Axles Limited (GNA)?
G N A Axles Limited reported trailing-twelve-month revenue of about ₹14.5B (latest available figure, as of Aug 20, 2026).
What is the net profit margin of GNA?
The net profit margin of G N A Axles Limited is about 8.1%, meaning it keeps roughly 8.1% of revenue as net income. Based on the latest reported figures.
Does G N A Axles Limited pay a dividend?
G N A Axles Limited currently shows a dividend yield of about 0.54% relative to its recent price (as of Aug 20, 2026).
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