ASKAUTOLTDBSEASK Automotive LtdMediumNeutral
Announced Tue, 19 May · 18:53 IST

Please find enclosed presentation to be made to the analyst and/or investors on the audited financial results of the Company for the quarter and financial year ended March 31, 2026

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

ASKAUTOLTD · price

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Price reaction · full curve 14 horizons · vs prior close
-2.6%1-day move
₹457.00
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₹462.00
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AI summary

ASK Automotive reported strong FY26 results with total income of Rs. 4,196 crore, up 16.2% YoY. Consolidated revenue growth was 20.1% excluding passthrough alloy price impact and wheel assembly reduction. EBITDA grew 24.1% to Rs. 551 crore with margins improving 84 bps to 13.1% driven by volume-driven economies of scale, better capacity utilization at Karoli and new Bangalore facility, and strategic reduction in low-margin wheel assembly business. PAT increased 20.1% to Rs. 297 crore. Q4 FY26 also showed robust growth with revenue up 30% and PAT up 24.2%. The company holds ~50% market share in India's 2W advanced braking systems segment. Wheel Assembly sales will be nil from April 2026 as part of strategic portfolio optimization.

Likely market impact

The improvement in EBITDA margins and strong PAT growth indicate operational efficiency gains and favorable business mix changes. Shareholders can expect positive sentiment given the consistent margin expansion and above-industry growth performance.