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ASK Automotive Results: Latest Quarterly Results & Analysis

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ASK Automotive Ltd. 28 Jan 2026 18:21 PM

Q3FY26 Quarterly Result Announced for ASK Automotive Ltd.

Auto Parts & Equipment company ASK Automotive announced Q3FY26 results

  • Revenue: Rs 1,084.22 crore against Rs 915.1 crore during Q3FY25, change 18%.
  • PBT: Rs 105.29 crore against Rs 85.91 crore during Q3FY25, change 23%.
  • PAT: Rs 79.92 crore against Rs 65.89 crore during Q3FY25, change 21%.
  • EPS: 4.05 for Q3FY26.

Result PDF

Auto Parts & Equipment company ASK Automotive announced Q2FY26 results

Q2FY26 Financial Highlights:

  • Consolidated Revenue Growth up 8.5% reaching Rs 1,059 crore
  • The Advanced Braking Systems business vertical revenue grew by 10%, Aluminium Light Weighting Precision Solutions revenue by 22% and Safety Control Cables revenue by 2% on YoY basis.
  • Revenue from exports were at Rs 30 crore against Rs 41 crore last year in same period.
  • Delivered highest quarterly EBITDA of Rs 142 crore, recording 19.5% YoY growth.
  • Achieved EBITDA margins of 13.4%, an improvement of 124 bps from Q2FY25
  • Achieved highest quarterly PAT of Rs 80 crore with 18.6% YoY growth.
  • EPS increased to Rs 4.05 against Rs 3.41 in last year in same period; up 18.6% YoY.

H1FY26 Financial Highlights:

  • Consolidated Revenue Growth up 6.1% reaching Rs 1,954 crore.
  • The Advanced Braking Systems business vertical revenue grew by 7%, Aluminium Light Weighting Precision Solutions revenue by 19% and Safety Control Cables revenue by 4% on YoY basis.
  • Revenue from exports were at Rs 63 crore against Rs 74 crore last year in same period.
  • Delivered EBITDA of Rs 265 crore, recording 19.4% YoY growth.
  • Achieved EBITDA margins of 13.6%, an improvement of 151 bps from H1FY25.
  • Delivered PAT of Rs 146 crore, recording 17.5% YoY growth.
  • EPS increased to Rs 7.40 against Rs 6.30 in last year in same period; up 17.5% YoY.

Kuldip Singh Rathee, Chairman and Managing Director said:

“I am delighted to share with you that we had a strong finish to the second quarter and first half of the year in both revenue and profitability. This is the eighth consecutive quarter of robust performance by us since listing of the Company.

  • During Q2FY26, we delivered strong performance in business and recorded revenue growth of 16.6% (excluding Wheel Assembly business), Wheel Assembly strategic reduction (-) 53.6% and Consolidated Revenue has grown by 8.5% on year-on-year basis.
  • Achieved growth of 19.5% in EBITDA and 18.6% in PAT on year-on-year basis. This is the highest ever absolute Revenue, EBITDA and PAT earned by us in any quarter in the past.
  • We continue to outperform the 2W industry vehicle production growth in both Q2FY26 and H1FY26.
  • Further, we have achieved the EBITDA margins of 13.4% in Q2FY26, which is 124 bps higher than Q2FY25.
  • As a result, in first half of FY26, we delivered revenue growth of 14.0% (excluding Wheel Assembly business), Wheel Assembly strategic reduction (-) 53.5% and Consolidated Revenue has grown by 6.1% on year-on-year basis.
  • Achieved growth of 19.4% in EBITDA and 17.5% in PAT on year-on-year basis. We have delivered EBITDA Margin of 13.6% an improvement of 151 bps

This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain current level of EBITDA margins and continue our efforts to improve gradually in the subsequent quarters depending upon the growth of the 2W Industry and geo-political environment.

  • With strong performance, our Earning per share (EPS) has increased to Rs 7.4 per share in H1FY26 against Rs 6.3 per share in last year same period.
  • Our mega manufacturing facility at Karoli and new Bangalore facility are ramping up fast. The improved economies of scale and operational efficiencies are benefitting us in delivering better performance.
  • As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarters of FY26.

We are committed to keep contributing towards the value creation for our Stakeholders and Investors.”

Result PDF

Auto Parts & Equipment company ASK Automotive announced Q1FY26 results

  • Revenue growth up 11.1%
  • Consolidated Revenue Growth up 3.5% reaching Rs 895 crore.
  • The Advanced Braking Systems business vertical revenue grew by 4%, Aluminium Light Weighting Precision Solutions revenue by 15% and Safety Control Cables revenue by 6% on YoY basis.
  • Revenue from exports were at Rs 33 crore against Rs 33 crore last year in same period.
  • Delivered highest quarterly EBITDA of Rs 123 crore, recording 19.3% YoY growth.
  • Achieved highest EBITDA margins of 13.8%, an improvement of 183 bps from Q1FY25 and 124bps from Q4FY25.
  • Achieved PAT of Rs 66 crore with 16.3% YoY growth.
  • EPS increased to Rs 3.35 against Rs 2.88 in last year in same period; up 16.3% YoY.

Commenting on the results, Kuldip Singh Rathee, Chairman and Managing Director said: “I am delighted to share with you that we had a strong finish to the first quarter in both revenue and profitability. This is the seventh consecutive quarter of robust performance by us since listing of the Company.

  • During Q1FY26, we delivered strong performance in business and recorded revenue growth of 11.1% (excluding Wheel Assembly business), Wheel Assembly strategic reduction (-) 53.5% and Consolidated Revenue has grown by 3.5% on year-on-year basis. We continue to outperform the 2W industry vehicle production growth.
  • Achieved growth of 19.3% in EBITDA and 16.3% in PAT on year-on-year basis.
  • Further, I am glad that our EBITDA margins have increased to the level of 13.8% in Q1FY26, which is 183 bps higher than Q1FY25.

This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain current level of EBITDA margins and continue our efforts to improve gradually in the subsequent quarters depending upon the growth of the 2W Industry.

  • With strong performance, our Earning per share (EPS) has increased to Rs 3.35 per share in Q1FY26 against Rs 2.88 per share in last year same period.
  • Our mega manufacturing facility at Karoli and new Bangalore facility is ramping up fast. The improved economies of scale & operational efficiencies are benefitting us in delivering better performance.
  • As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarters of FY26.

We are committed to keep contributing towards the value creation for our Stakeholders and Investors.”

Result PDF

Auto Parts & Equipment company ASK Automotive announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Q4FY25 delivered Consolidated Total Income of Rs 853 crore, posting 8.5% YoY growth. The Advanced Braking Systems business vertical revenue grew by 9%, Aluminium Light Weighting Precision Solutions revenue by 21% and Safety Control Cables revenue by 1% on YoY basis. Revenue from exports were at Rs 39 crore against Rs 28 crore last year in same period.
  • Delivered EBITDA of Rs 107 crore, recording 25% YoY growth.
  • Achieved EBITDA margins of 12.5%, an improvement of 162 bps on YOY basis.
  • Achieved PAT of Rs 58 crore with 21% YoY growth.
  • EPS increased to Rs 2.9 against Rs 2.4 in last year in same period; up 21% YoY.

FY25 Financial Highlights:

  • Delivered robust performance with Consolidated Total Income of Rs 3613 crore, up 20% YoY.
  • All the three product segments continue to perform well and delivered robust revenue growth. Sustained market leadership position in the Advanced Braking Systems business with 16% YoY growth. The Aluminium Light Weighting Precision Solutions revenue grew by 28% and Safety Control Cables by 14% on YoY basis. Revenue from exports remained the same at Rs 147 crore against Rs 147 crore last year.
  • Delivered EBITDA of Rs 444 crore, recording 43% YoY growth.
  • Achieved EBITDA margins of 12.3%, an improvement of 193bps on YoY basis. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from increasing capacity utilisation at new Karoli manufacturing facility and focus on cost optimization initiatives.
  • Achieved PAT of Rs 248 crore with 43% YoY growth.
  • EPS increased to Rs 12.6 against Rs 8.8 in last year in same period; up 43% YoY.
  • ROACE increased to 27.7% against 23.6% last year.
  • The Board has recommended a dividend of 75% i.e. Rs 1.5 per equity share of face value of Rs 2.0 each.

Kuldip Singh Rathee, Chairman & Managing Director said: “I am delighted to share with you that we had a strong finish to the fourth quarter and full year in both revenue and profitability. This is the sixth consecutive quarter of robust performance by us since listing of the Company.

  • During Q4FY25, we delivered strong performance in business and recorded growth of 9% in revenue, 25% in EBITDA and 21% in PAT on year-on-year basis. Also, we continue to outperform the 2W industry vehicle production growth in both Q4FY25 and in full year FY25.
  • Further, I am glad that our EBITDA margins have increased to the level of 12.5% in Q4FY25, which is 162 bps higher than Q4 FY24.
  • As a result, in full year FY25, our revenue has grown by 20%, EBITDA by 43% and PAT by 43% on YoY basis. We have delivered EBITDA margins of 12.3%, an improvement of 193 bps on YoY basis.

This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain this level of EBITDA margins and improve gradually in the subsequent quarters depending upon the growth of the 2W Industry.

  • With strong performance on profitability, our Earning per share (EPS) in full year FY25 has increased to Rs 12.6 per share against Rs 8.8 per share in last year same period. The Board has recommended a dividend of 75% i.e. Rs 1.5 per equity share of face value of Rs 2.0 each.
  • Our mega manufacturing facility at Karoli is ramping up fast. The increased economies of scale & operational efficiencies are benefitting us in delivering better performance.
  • Entered into a Strategic partnership with Kyushu Yanagawa Seiki Co., Ltd. (Japan) in March 25 for High Pressure Die Casted Alloy Wheels for Two-Wheeler.
  • Started commercial production at 18th manufacturing facility of the Group at Karnataka on 14th January 2025.
  • CRISIL has upgraded our long-term credit rating from AA- to AA, reflecting our strengthened financial position.
  • As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent year. We anticipate the growth momentum in two-wheeler sector to continue for the upcoming year.

We are committed to keep contributing towards the value creation for our Stakeholders and Investors.”

Result PDF

Auto Parts & Equipment company ASK Automotive announced Q3FY25 results

  • Delivered robust performance with Consolidated Total Income of Rs 919 crore, up 21% YoY.
  • Delivered EBITDA of Rs 115 crore, recording 41% YoY growth.
  • Achieved EBITDA margins of 12.5%, an improvement of 180bps on YoY basis. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from increasing capacity utilisation at new Karoli manufacturing facility and focus on cost optimization initiatives.
  • Achieved PAT of Rs 66 crore with 32% YoY growth.
  • EPS increased to Rs 3.3 against Rs 2.5 in last year in same period; up 32% YoY.

Kuldip Singh Rathee, Chairman and Managing Director said:

“I am delighted to share with you that we had a strong finish to the third quarter and nine months of the year in both revenue and profitability. This is the fifth consecutive quarter of robust performance by us since listing of the Company last year

  • During Q3FY25, we delivered strong performance in business and recorded significant growth of 21% in revenue, 41% in EBITDA and 32% in PAT on year-on-year basis. Also, we continue to outperform the 2W industry vehicle production growth in both Q3FY25 and 9MFY25.
  • Further, I am glad that our EBITDA margins have increased to the level of 12.5% in Q3FY25, which is 180 bps higher than Q3 FY24.
  • As a result, in nine months of FY25, our revenue has grown by 24%, EBITDA by 50% and PAT by 51% on YoY basis. We have delivered EBITDA margins of 12.2%, an improvement of 205 bps on YoY basis.

This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain this level of EBITDA margins and improve gradually in the subsequent quarters depending upon the growth of the 2W Industry.

With strong performance on profitability, our Earning per share (EPS) in 9MFY25 has increased to Rs 9.6 per share against Rs 6.4 per share in last year same period.

  • Our mega manufacturing facility at Karoli is ramping up fast. The increased economies of scale & operational efficiencies are benefitting us in delivering better performance.
  • Started commercial production at 18th manufacturing facility of the Group at Karnataka on 14th January 2025.
  • Solar Power Plant of 9.9MWp in Sirsa, Haryana dedicated for captive consumption, started trial production on 27 January 2025.
  • CRISIL has upgraded our long-term credit rating from AA- to AA, reflecting our strengthened financial position.
  • As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarter of FY25. We anticipate the growth momentum in two-wheeler sector to continue for the remaining part of the year.

We are committed to keep contributing towards the value creation for our Stakeholders and Investors”

Result PDF

Auto Parts & Equipment company ASK Automotive announced H1FY25 & Q2FY25 results

Q2FY25 Financial Highlights:

  • Delivered robust performance with Consolidated Total Income of Rs 976 crore, up 22% YoY.
  • All the three product segments continue to perform well and delivered robust revenue growth. Sustained market leadership position in the Advanced Braking System business with 18% YoY growth. The Aluminium Light Weighting Precision Solutions revenue grew by 27% and Safety Control Cables by 18% on YoY basis.
  • Delivered EBITDA of Rs 119 crore, recording 50% YoY growth.
  • Achieved EBITDA margins of 12.2%, an improvement of 230bps on YOY basis and 20bps on QoQ basis. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from increasing capacity utilisation at new Karoli manufacturing facility and focus on cost optimization initiatives.
  • Achieved PAT of Rs 67 crore with 63% YoY growth.
  • EPS increased to Rs 3.41 against Rs 2.09 in last year in same period; up 63% YoY.

H1FY25 Financial Highlights:

  • Strong finish to first half of FY25 by delivering Consolidated Total Income of Rs 1,841 crore, posting 26% YoY growth. The Advanced Braking System business vertical revenue grew by 21%, Aluminium Light Weighting Precision Solutions revenue by 32% and Safety Control Cables revenue by 24% on YoY basis.
  • Delivered EBITDA of Rs 222 crore, recording 55% YoY growth.
  • Achieved EBITDA margins of 12.1%, an improvement of 220 bps on YOY basis.
  • Achieved PAT of Rs 124 crore with 63% YoY growth.
  • EPS increased to Rs 6.30 against Rs 3.86 in last year in same period; up 63% YoY.

Kuldip Singh Rathee, Chairman and Managing Director said: “I am delighted to share with you that we had a strong finish to the second quarter and first half of the year in both revenue and profitability. This is the fourth consecutive quarter of robust performance by us since listing of the company last year.

During Q2FY25, we delivered strong performance in business and recorded significant growth of 22% in revenue, 50% in EBITDA and 63% in PAT on year-on-year basis. This is the highest ever absolute Revenue and EBITDA earned by us in any quarter in past. Also, we continue to outperform the 2W industry vehicle production growth in both Q2FY25 and H1FY25.

Further, I am glad that our EBITDA margins have increased to the level of 12.2% in Q2FY25, which is 230 bps higher than Q2FY24 and 20 bps higher compared to Q1FY25.

As a result, in first half of FY25, our revenue has grown by 26%, EBITDA by 54% and PAT by 63% on YoY basis. We have delivered EBITDA margins of 12.1%, an improvement of 220 bps on YoY basis.

This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies. Our aim is to sustain this level of EBITDA margins and improve gradually in the subsequent quarters depending upon the growth of the 2W Industry in H2FY25.

With strong performance on profitability, our Earning per share in 1H FY25 has increased to Rs 6.30 per share against Rs 3.86 per share in the same period last year.

Our mega manufacturing facility at Karoli is ramping up fast. The increased economies of scale & operational efficiencies are benefitting us in delivering better results. We have started to generate positive EBITDA margins from this plant. Further, construction work for our new plant at Bengaluru is progressing well as per plan. Also, commissioning work of our upcoming Solar Power Plant of 9.9MWp in Sirsa, Haryana for captive consumption is nearing completion.

As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarters of FY25. We anticipate the growth momentum in two-wheeler sector to continue for the remaining part of the year with prevailing positive market sentiments on arrival of the upcoming festive season.

We are committed to keep contributing towards the value creation for our Stakeholders and Investors ”

Result PDF

Auto Parts & Equipment company ASK Automotive announced Q1FY25 results:

  • Robust performance in Q1FY25 with Consolidated Total Income at Rs 865 crore, posting 31% YoY growth.
  • All the three product segments continue to perform well and delivered robust revenue growth in Q1FY25.
  • Sustained market leadership position in the Advanced Braking System business with 26% YoY growth in Q1FY25. The Aluminium Light Weighting Precision Solutions revenue grew by 39% in Q1FY25. The Safety Control Cables also recorded revenue growth of 33% in Q1FY25.
  • Strong start of the year with EBITDA in Q1FY25 at Rs 103 crore, recording 59% YoY growth.
  • Achieved EBITDA margins of 11.9% in Q1FY25, an improvement of 210 bps from Q1FY24 and 100 bps from Q4FY24. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from ramp up of production at new Karoli manufacturing facility and focus on cost optimization initiatives.
  • Achieved PAT of Rs 57 crore in Q1FY25 with 63% YoY growth.
  • EPS increased to Rs 2.88 in Q1FY25 against Rs 1.77 in Q1FY24; up 63% YoY.
  • CRISIL revised outlook to Positive from Stable. Reaffirmed rating to A1 for Short Term and AA- for Long Term.

Commenting on the results, Kuldip Singh Rathee, Chairman and Managing Director said: “During Q1FY25, we delivered strong performance in our business and recorded significant growth of 31% in revenue, 59% in EBITDA and 63% in PAT on year-on-year basis. This is the highest ever absolute Revenue and EBITDA earned by us in any quarter in past. Also, we have yet again outperformed the 2W industry vehicle production growth in Q1FY25.

I am delighted to share that we achieved EBITDA margins of 11.9% in Q1FY25 which is 210 bps higher than Q1FY24 and 100 bps as compared to Q4 FY24. Now our aim is to sustain this level of EBITDA margins and improve gradually in the subsequent quarters. This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies.

We are also now benefitting from ramp up of our new mega manufacturing facility at Karoli which is resulting in delivering better performance by us. Further, construction work for our new plant at Bengaluru has started and is progressing well as per plan.

Our credit rating by CRISIL have been reaffirmed to A1 for Short Term and AA- for Long Term with outlook revised to Positive from Stable. This is testimony of the strength of our business and its future growth prospects.

In Q1FY25, as per SIAM, the Two-Wheeler segment posted a strong growth of 19.6% in vehicle production compared to same quarter last year. With positive outlook on monsoon and coming festive season, the two-wheeler Sector is expected to continue the growth momentum for the remaining part of the year.”

I firmly believe that we are in midst of exciting times both as a country and as an Industry. The recently announced government budget is a growth-oriented budget reflecting policy continuity and stability. There are several initiatives aimed at strengthening manufacturing, infrastructure development and employment creation which are expected to bolster economic activity of the country. We are committed to harness these opportunities to drive our business growth in future.

We are hopeful of outperforming the industry growth in the subsequent quarters of FY25. We are committed to keep contributing towards the value creation for our Stakeholders and Investors.”

Result PDF

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