About Axles India
Axles India is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 1982. Axles for medium and heavy-duty commercial vehicles are manufactured. It operates on a B2B2C model. Axles India has raised $13 million across 1 funding round from investors including Dana. The company has 896 employees. Its Indian entity Axles India Limited reported revenue of ₹888 Cr. Axles India offers products and services including Axle Housings. Its focus areas include Automotive, Commercial Vehicles and Axle Components. Its competitors include Happy Forgings, Divgi TorqTransfer Systems and Imperial Auto; 2 of its 3 listed competitors have raised funding.
Company details
Axles India Limited is involved in the production of axle housings for a wide range of light, medium, and heavy commercial vehicles. The company operates as a joint venture between Wheels India Limited and Sundaram Finance Holdings Limited. Its expertise is built on decades of experience in the automotive sector, focusing on delivering components for commercial vehicle manufacturers. Operations are supported through facilities in multiple locations across India.
- Headquarters Chennai, India
- Employees 896
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website axlesindia.com
- Social LinkedIn X Facebook
- Legal Name Axles India Limited
- Date of Incorporation 18 Feb, 1981
- Jurisdiction Chennai, Tamil Nadu, India
- Annual Revenue₹888 Cr
FY 2026 · +5% YoY
- Net Profit₹73.24 Cr
FY 2026 · 8% margin
- EBITDA₹111 Cr
FY 2026 · 13% margin
- Total Equity Funding$13M (USD)
in 1 rounds
- Latest Funding Round$13M (USD), Series B
Apr 2011
- Investors
- Employee Count896
Associated legal entities of Axles India
Axles India operates through Axles India Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Axles India Limited CIN U27209TN1981PLC008630 | Active | 18 Feb 1981 | Chennai, Tamil Nadu | ₹888 Cr | 999 | 8 | View details |
Products & Services of Axles India
Axles India offers a comprehensive portfolio of products and services, including Axle Housings.
Axle housings are manufactured for commercial vehicles.
Funding Insights of Axles India
Axles India has successfully raised a total of $13M through 1 strategic funding round. The most recent funding activity was a Series B round of $13 million completed in April 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $13M
- Total Rounds 1
- Last Round Series B — $13M
- First Round $13M
(Apr 2011)
- Investors Count 1
All 1 funding rounds of Axles India with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2011 | $13M | Series B | – | – |
1 investors in total: 1 institutional.
Investors in Axles India
Axles India has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Dana.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Driveline technologies and components for electrified light vehicles are supplied. | 1904 | dana.com | Maumee, United States |
Investor details for Axles India
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Axles India Limited (Axles India)
Axles India Limited is the primary company behind Axles India. The board of Axles India Limited currently have 6 directors; the longest-serving is Santhanam Ram, appointed in 1981. 29 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santhanam Ram DIN 00018309 | Director | 18 Feb 1981 | 45 yrs 8 mo | Axles India Limited |
| Srivats Ram DIN 00063415 | Director | 29 Jun 2006 | 20 yrs 4 mo | Axles India Limited |
| Madhavan Varadarajan DIN 07548156 | Managing Director | 06 Jul 2016 | 10 yrs 4 mo | Axles India Limited |
| Nivedita Ram DIN 03088325 | Director | 24 Jul 2024 | 2 yrs 3 mo | Axles India Limited |
| Priyamvada Ramkumar DIN 07878808 | Director | 25 Aug 2025 | 1 yr 2 mo | Axles India Limited |
| Viji Sriram DIN 03630636 | Director | 24 Oct 2025 | 1 yr | Axles India Limited |
People of Axles India
10 people are tracked at Axles India (2 in leadership, 8 in team); the tracked headcount is 896.
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership | |
Chandrasekar Srinivasan | General Manager -operations & Business Development | Leadership |
Sathish R | Junior Engineer | Team |
Venkatesh Kumar | Purchase Officer | Team |
Lakshmi Narayanan Santhanam | Assistant Manager | Team |
Rakesh Kumrawat | Operations Executive | Team |
Saravana Velu | Project Manager | Team |
Surya Mannan | Graduate Engineering Trainee | Team |
Srivathsan Sathyanarayanan | Graduate Engineer Trainee-projects | Team |
Chandrasekar S | GM Operations & Business Development | Team |
Complete people profiles for Axles India
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Financials of Axles India
Figures of Axles India Limited, the primary company behind Axles India, for FY 2026. Revenue was ₹888 Cr (+5% year on year). Net profit was ₹73.24 Cr (8% margin). EBITDA was ₹111 Cr (13% margin). Revenue has grown at a compounded annual rate of +6% over three years and +23% over five years.
- ₹888 CrRevenue · FY 2026 · +5% YoY
- ₹73.24 CrNet profit · 8% margin
- ₹111 CrEBITDA · 13% margin
- ₹25.48 CrPaid-up capital
- 999Employees (provident fund records)
- +6%Revenue CAGR, 3 years
- +23%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Axles India Limited are on its company page.
Detailed financial statements for Axles India
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Axles India
2 dated milestones of Axles India across 29 years, from founding to its latest funding, stage changes and deals.
- Founded Axles India is founded.
- Funding First funding round of $13.0M.
Competitors of Axles India
Axles India has 3 listed competitors in our database, 2 of them funded. They include Happy Forgings, Divgi TorqTransfer Systems and Imperial Auto.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| happyforgingsltd.com | 1973 | Ludhiana, India | $27.12M | 19 | Drive transmission components are manufactured and supplied. | |
| divgi-tts.com | 1995 | Pune, India | $19.43M | 444 | Automotive transmission systems are manufactured and supplied to OEMs. | |
| imperialauto.in | 1969 | Faridabad, India | 1,497 | Manufacturer and assembler of fluid transmission products and high & low pressure hose assemblies |
Detailed competitors of Axles India
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Axles India
The website of Axles India (axlesindia.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 41.1% vs previous month
Websites whose visitors overlap most with Axles India. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| sundaram-clayton.com | 100% | 6.5K | #2,970,611 | View details | |
| tvstyres.com | 84% | View details | |||
| lucas-tvs.com | 84% | #883,885 | View details | ||
| tvsrubber.com | 84% | 1.1K | #12,691,032 | View details | |
turboenergy.co.in | turboenergy.co.in | 84% | #1,672,587 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Axles India
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- 8 similar websites
- Audience overlap
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- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Automotive Manufacturing & Components
3 companies that operate in the same segment as Axles India (Automotive Manufacturing & Components) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electrical and electronic parts for automobiles are provided by SEDEMAC. | 2007 | Pune, Maharashtra, India | USD 26.22 M | USD 32.69 M | 415 | |
Manufacturer of petrol, CNG, diesel and electric last mile mobility 3 & 4 wheelers, passenger, and cargo vehicles | 1994 | Mumbai, Maharashtra, India | USD 137.89 M | USD 24.41 B | 33,980 | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | USD 34.18 M | 177 |
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Related news about Axles India
Complete news archive for Axles India
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Frequently Asked Questions about Axles India
Axles India was founded in 1982 and raised its 1st funding round 29 years after it was founded.
Axles India is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Axles India is a funded company, having raised a total of $13M across 1 funding round to date. The company's 1st funding round was a Series B of $13M, raised on Apr 2011.
Axles India has 896 employees.
The primary company behind Axles India, Axles India Limited, reported revenue of ₹888 Cr for FY 2026, up 5% year on year.
Axles India Limited is involved in the production of axle housings for a wide range of light, medium, and heavy commercial vehicles. The company operates as a joint venture between Wheels India Limited and Sundaram Finance Holdings Limited. Its expertise is built on decades of experience in the automotive sector, focusing on delivering components for commercial vehicle manufacturers. Operations are supported through facilities in multiple locations across India.
Axles India's top competitors include Happy Forgings, Divgi TorqTransfer Systems and Imperial Auto.
Axles India offers Axle Housings.
Axles India has 1 investor. Key investors include Dana.
Axles India operates through Axles India Limited.
The legal entities of Axles India currently have 8 directors, including Santhanam Ram, Srivats Ram, Yegnanarayanan Krishnamoorthy and others.