ASKAUTOLTDBSEASK Automotive LtdHighNeutral
Announced Tue, 19 May · 18:42 IST

Please note that the Board of Directors has approved to convene the 38th Annual General Meeting of Company on Friday, August 7, 2026

Pat Growth 25pctResults View source PDF

ASKAUTOLTD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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

ASK Automotive Ltd's Board approved Q4 and FY26 standalone (PAT Rs 229.60 crore, up 8%) and consolidated (PAT Rs 297.32 crore, up 20%) results. The company recommended a final dividend of Rs 1.85 per share (92.5% payout) with record date July 31, 2026, payable by September 5, 2026 if approved at the 38th AGM on August 7, 2026. Standalone revenue grew 2.6% to Rs 3,305 crore while consolidated revenue rose 16% to Rs 4,176 crore, reflecting strong performance including a new joint venture (ASK GTD Control Cables) formed in September 2025. Statutory auditors issued unmodified opinions on both standalone and consolidated results. The Board also re-appointed two directors retiring by rotation and appointed M/s Kashyap Kumar & Associates as Cost Auditors for FY27.

Likely market impact

Positive for shareholders: the company delivered approximately 20% PAT growth on consolidated basis with an attractive dividend yield. Clean audit opinions and no going concern issues indicate financial stability, though standalone revenue growth remained modest at 2.6%.