ASK Automotive Limited has informed the Exchange about Transcript
ASKAUTOLTD · price
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ASK Automotive reported Q4 FY25 revenue growth of 8.5% YoY, EBITDA growth of 24.7%, and PAT growth of 20.6%, with EBITDA margin at 12.5% (up 162 bps). For full-year FY25, revenue grew 20.2%, EBITDA 42.7%, and PAT 42.5%, with EBITDA margin at 12.3% (up 193 bps), surpassing prior guidance. EPS rose to Rs. 12.6 from Rs. 8.8, and the Board recommended a 75% dividend (Rs. 1.5/share). CRISIL upgraded the company's long-term rating from AA- to AA. Management guided for mid-teens revenue growth and 14% EBITDA margin in FY26, with 80 bps coming from exiting the low-margin Wheel Assembly business (Rs. 300 crore revenue impact) and 70 bps from efficiencies. New tech collaborations with LIOHO (Taiwan) and Kyushu Yanagawa (Japan) for HPDC alloy wheels are under testing, with supplies expected in H2 FY26. CAPEX of Rs. 450 crore is planned for FY26.
Strong Q4 and full-year beat on margins, credit rating upgrade, and clear FY26 margin expansion roadmap (14% EBITDA target) are positive signals for shareholders. However, ~Rs. 300 crore revenue hit from Wheel Assembly exit in FY26 and ongoing geopolitical/export headwinds are watch points.