ASM Technologies Ltd. is a publicly listed Indian company engaged in providing world-class consulting and product development services in the fields of product research and development and engineering services. The company, incorporated in 1992, has its headquarters in Bangalore. During FY 2021-2022, ASM Technologies Ltd. reported a total revenue of Rs 198.60 crore, up 41.21% against Rs 140.64 crore earned in the previous financial year, 2020-2021. On 14 October 2022, the company’s market capitalisation stood at Rs 579 crore.
The share is listed on the Bombay Stock Exchange with the code 890167. It is not listed on the National Stock Exchange.
The company has a global presence with offices in the UK, USA, Canada, Mexico, Japan, and Singapore. It caters to various industries, including automotive, medical, high-tech, semiconductor, and avionics. Its technological solutions include electric vehicles (EV), autonomous vehicles, robotics, wafer metallisation packaging, digital transformation, and advanced driver assistance system (ADAS).
On 30 June 2022, the shareholding pattern of ASM Technologies Ltd. indicated a promoter stake of 62.51%, a DII stake of 0.02%, and a public stake of 37.47%. Mr Rabindra Srikantan, the company’s managing director, is the leading promoter with a 42.72% stake. During the June 2022 quarter, promoters increased their holdings from 61.84% to 62.51%. The company witnessed a quarter-on-quarter revenue decline of 6.25%, which is the lowest in the past three years.
The company is managed by a board comprising Mr M R Vikram, Mr Shekar Viswanathan, Mr M Lakshminarayan, Mr Ramesh Radhakrishnan, and Ms Preeti Rabindra. The auditors include B K Ramadhyani & Co. LLP, Venu & Vinay, and N Rajan Associates. As of 30 June 2022, the company’s total outstanding shares were 1.10 crores.
On 14 October 2022, the value of ASM Technologies Ltd.’s Partly Paidup share was Rs 421.10 on BSE. Since it is not listed on NSE, there was no price update. The company’s 52-week high price for a partly paid-up share was Rs 519.30, and the 52-week low price was Rs 251.30. The share gave investors a one-year return of -13.84%.
The company’s peers include Tata Consultancy Services Ltd., Infosys Ltd., HCL Technologies Ltd., and Wipro Ltd.
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