ASKAUTOLTDNSEASK Automotive LimitedHighNeutral
Announced Tue, 19 May · 18:11 IST

ASK Automotive Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

ASKAUTOLTD · price

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AI summary

ASK Automotive Limited has reported audited financial results for FY2026 ending March 31, 2026. Standalone revenue grew marginally by 2.65% to Rs 3,304.88 crore from Rs 3,219.54 crore, while consolidated revenue increased by 15.98% to Rs 4,176.32 crore from Rs 3,600.83 crore. Standalone profit after tax rose 7.97% to Rs 229.60 crore, and consolidated PAT grew 20.07% to Rs 297.32 crore. The board recommended a final dividend of Rs 1.85 per share (92.5% on face value of Rs 2), subject to shareholder approval. Statutory auditors Walker Chandiok & Co LLP issued an unmodified (clean) audit opinion on both standalone and consolidated results. The company incorporated a new joint venture ASK GTD Control Cables Private Limited in September 2025 for manufacturing sunroof control cables.

Likely market impact

Positive results with strong PAT growth especially on consolidated basis; clean audit opinion and dividend declaration are shareholder-friendly. The 20% PAT growth on consolidated basis demonstrates robust performance though standalone revenue growth remains modest.