Please find enclosed Press Release for the Quarter ended March 31, 2026
ASKAUTOLTD · price
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ASK Automotive Ltd reported strong Q4 FY26 results with consolidated revenue of Rs. 1154 Cr, up 35.3% YoY, and PAT of Rs. 72 Cr, up 24.2% YoY. For the full year FY26, revenue reached Rs. 4196 Cr (up 16.2% YoY) and PAT was Rs. 297 Cr (up 20.1% YoY). EBITDA grew 24.1% to Rs. 551 Cr with margin expanding to 13.1% from 12.3% in FY25. The company, India's largest brake shoe manufacturer for two-wheelers, saw growth across all business segments - Advanced Braking Systems (+17%), Aluminium Light Weighting Precision Solutions (+30%), and Safety Control Cables (+14%). The management highlighted that excluding passthrough alloy price impacts and strategic reduction in Wheel Assembly business, net revenue grew 20.1% for FY26.
Strong operational performance with consistent 20%+ net revenue growth and margin expansion driven by higher volumes, better capacity utilization at Karoli and Bangalore facilities, and strategic focus on value-added businesses. This is the 10th consecutive quarter of robust performance since listing.