AUTOAXLES Q4 FY26 Guidance vs Delivery (AUTOAXLES Management Mirror)

Revenue & Volumes

In the Sep'25 Qtr, management initially estimated a 2% to 4% volume decline for the upcoming fiscal year ending Mar'27; however, by the Mar'26 Qtr, this outlook was upgraded to expect industry volumes exceeding 400,000 units, alongside a newly stated aspirational long-term revenue target of INR 4,000 to INR 5,000 crores. Long-term Total Industry Volume (TIV) expectations remained consistent across quarters, targeting a peak of 500,000+ units by Mar'29 or Mar'30. Near-term seasonality remains soft for the Jun'27 and Sep'27 quarters, while exports are expected to drive a larger share of the long-term top line despite immediate 5% to 15% headwinds flagged during the Dec'25 Qtr. [Status: Upgraded]