ASM TECHNOLOGIES LTD.

Provides engineering research and design (ER&D) services and design-led precision manufacturing (DLM), serving customers across Hi-Tech (semiconductor equipment, both front-end and back-end) and Engineering (automotive, aerospace, medical devices, solar) verticals. In H1 FY26, DLM contributed 63% of revenue and ER&D 37%, with management pivoting capacity from ER&D into DLM. Revenue is generated through fee-based engineering/design services and through the manufacture of high-precision capital equipment and components in its own facilities. The company operated seven manufacturing facilities at FY26 year-end, after commissioning two new units in Bengaluru and one in Vietnam during the year, and was running at 80-85% capacity utilization. It has signed MoUs for Rs 510 crore of capex in Karnataka and Rs 250 crore in Tamil Nadu, and received ECMS approval for Rs 565 crore of investment in high-precision capital equipment manufacturing. FY26 consolidated revenue was Rs 528.5 crore with EBITDA margin of 19.1%; the largest cost line is employee cost at 40.4% of revenue, followed by materials at 33.2%.