GNA Axles Ltd (GNA) AI Stock Analysis

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GNA Axles Ltd

(NSE:GNA)

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Rating:67Neutral

Price Target:INR 562.00▲(5.13% Upside)

Action:downgraded

Date:10/21/26

Strong financial performance led by balance sheet stability and profit growth is the primary driver; tempered by short-term technical weakness and modest valuation support.

Positive Factors

Multi-year Revenue ExpansionRevenue expansion over several years indicates that GNA has increased the scale of its axle and driveline component business. Sustained top-line growth can support operating leverage, deepen customer relationships, and provide a durable base for reinvestment over the next several quarters.

Negative Factors

Volatile Free Cash FlowRepeated negative or sharply declining free cash flow indicates that reported earnings do not consistently translate into discretionary cash. Higher reinvestment needs or working-capital swings could constrain funding flexibility and make future cash generation less predictable.

GNA Axles Ltd (GNA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 13.30B
Dividend Yield: 0.56%
Average Volume (3M): 40.95K
Price to Earnings (P/E): 15.8
Beta (1Y): 1.46
Revenue Growth: 23.06%
EPS Growth: 38.22%
Country: India
Employees: 1,489
Sector: General
Sector Strength: 55
Industry: Auto - Parts

GNA Axles Ltd Business Overview & Revenue Model

Company Description

G N A Axles Limited, alongside its subsidiary, specializes in the production and distribution of vital automotive components, primarily rear axle shafts, spindles, and drive shafts. These essential parts are engineered for a broad spectrum of vehicle...

How the Company Makes Money

GNA primarily makes money by manufacturing and selling axle and related driveline components to customers (e.g., vehicle manufacturers and/or aftermarket distributors). Revenue is generated from the sale of these physical products, typically priced p...

GNA Axles Ltd Financial Statement Overview

Summary

Strong balance sheet with equity growth to 10.04B and low leverage (82); net income growth supports profitability (72); offset by free cash flow volatility (68).

Income Statement

72Positive

Balance Sheet

82Very Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	14.78B	14.44B	15.12B	14.91B	15.60B	12.43B
Gross Profit	5.95B	4.11B	2.44B	3.64B	2.45B	3.33B
EBITDA	2.41B	2.24B	2.13B	1.98B	2.34B	1.80B
Net Income	1.17B	1.17B	1.07B	999.64M	1.30B	887.60M
Balance Sheet
Total Assets	15.20B	15.20B	13.65B	12.19B	11.71B	10.42B
Cash, Cash Equivalents and Short-Term Investments	379.51M	379.51M	322.21M	325.93M	272.17M	48.56M
Total Debt	1.84B	1.84B	2.59B	2.13B	2.03B	2.22B
Total Liabilities	5.16B	5.16B	4.65B	4.17B	4.56B	4.47B
Stockholders Equity	10.04B	10.04B	9.00B	8.01B	7.15B	5.95B
Cash Flow
Free Cash Flow	729.86M	459.33M	-188.32M	97.33M	299.83M	-41.91M
Operating Cash Flow	1.51B	2.04B	920.79M	984.09M	1.05B	413.75M
Investing Cash Flow	-813.92M	-1.57B	-1.11B	-856.03M	-664.65M	-459.31M
Financing Cash Flow	-502.28M	-536.36M	262.22M	-87.58M	-388.83M	44.55M

GNA Axles Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price534.60

Price Trends

50DMA557.07Negative

100DMA519.88Positive

200DMA457.44Positive

Market Momentum

MACD-3.04Negative

RSI45.41Neutral

STOCH58.25Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:GNA, the sentiment is Negative. The current price of 534.60 is below the 20-day moving average (MA) of 553.42, below the 50-day MA of 557.07, and above the 200-day MA of 457.44, indicating a neutral trend. The MACD of -3.04 indicates Negative momentum. The RSI at 45.41 is Neutral, neither overbought nor oversold. The STOCH value of 58.25 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:GNA.

GNA Axles Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:GNA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:JAMNAAUTO	77Outperform	INR 48.44B	20.62	―	1.24%	15.89%	29.90%
IN:SSWL	69Neutral	INR 77.66B	26.40	―	0.61%	32.78%	53.55%
IN:GNA	67Neutral	INR 22.95B	15.83	―	0.56%	23.06%	38.22%
IN:AUTOAXLES	66Neutral	INR 23.37B	13.35	―	2.06%	6.30%	10.84%
IN:WHEELS	57Neutral	INR 49.68B	30.45	―	0.71%	17.47%	39.52%
IN:RACLGEAR	56Neutral	INR 16.07B	32.22	―	0.11%	28.21%	65.76%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:GNA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:GNA	GNA Axles Ltd	534.60	215.79	67.68%
IN:AUTOAXLES	Automotive Axles Limited	1546.80	-105.98	-6.41%
IN:JAMNAAUTO	Jamna Auto Industries Limited	121.10	29.05	31.56%
IN:RACLGEAR	RACL Geartech Ltd	1363.65	264.89	24.11%
IN:SSWL	Steel Strips Wheels Ltd	493.80	265.25	116.06%
IN:WHEELS	Wheels India Limited	2033.45	1126.64	124.24%

GNA Axles Ltd Corporate Events

GNA Axles Files Minutes of 33rd AGM, Confirms Clean Audit

Jul 25, 2026

GNA Axles Ltd, a Punjab-based producer of rear axle shafts, transmission shafts and spindles, operates certified plants under IATF 16949:2016, ISO 14001:2015 and ISO 45001:2018 standards and is listed on BSE and NSE. Its geographic footprint across J...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 21, 2026

GNA Axles Ltd AI Stock Analysis