ASK Auto Q1 FY27: Record Revenue, EBITDA, PAT; Ups FY27 Guidance to High-Teens
ASKAUTOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
ASK Automotive posted record Q1 FY27 results with consolidated revenue up 52.1% YoY (33.4% ex-alloy pass-through), EBITDA at Rs.164 cr (+32.7%), and PAT at Rs.85 cr (+28.8%). EBITDA margin at 12% was hit by alloy prices; management expects recovery to 13.5-14% as aluminum cools. All three segments grew: braking +48%, lightweighting +75%, safety cables +20%. Exports at Rs.39 cr. Management raised full-year growth guidance from mid-teens to high-teens and capex from Rs.500 cr to Rs.700 cr to set up a new Bangalore plant.
Strong quarter with raised FY27 growth and capex guidance signals confidence. Margin recovery expected as alloy prices ease. Stock likely to react positively.