BSEASM Technologies LtdMediumNeutral
Announced Sun, 10 May · 18:30 IST

Enclosed

Mgmt Guided Margin ImprovementPromoter Disclosed Acquisition PlansOrder Pipeline DisclosedInvestor Communications View source PDF

Price

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Price reaction · full curve 14 horizons · vs prior close
-9.6%1-day move
₹3530.00
prior close
₹3410.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+1.0+0.5+1.0+0.7-9.6-14.1-12.5-14.8-18.4-10.1-10.3-3.4+22.0
Up moveDown movePending
AI summary

ASM Technologies delivered a standout FY26 with revenue surging 83% YoY to ₹529 crore and PAT more than doubling to ₹61 crore. EBITDA grew 114% to ₹101 crore with margins expanding to 19.1% from 16.4% in FY25. Q4FY26 showed revenue of ₹135 crore (up 18%) but margins softened to 18.7% from 22.2% in Q4FY25 due to higher input costs and employee expenses. The company made two strategic acquisitions — 20% stake in AI-focused Myelin Foundry for ₹48 crore and 51% stake in Asmaitha Wireless (embedded/firmware/wireless) for ₹80 crore. Three new manufacturing facilities were commissioned (two in Bengaluru, one in Vietnam), taking total facilities to seven. The company received ECMS approval for a ₹565 crore investment into high-precision capital equipment manufacturing, and signed a MoU with Karnataka government for ₹510 crore investment into two new facilities.

Likely market impact

The sharp revenue growth and margin expansion signal strong business momentum. The strategic acquisitions and facility expansion plans indicate ASM is investing heavily in future growth, which could support continued revenue outperformance, though near-term margins may face pressure from the scaling investments.