ASK Automotive Limited has announced its financial results for the second quarter and half year ended September 30, 2026. The company achieved its highest ever quarterly revenue, EBITDA, and PAT in Q2 FY27. Consolidated revenue grew by 47.5% year-on-year to Rs. 1561 Crore, while EBITDA increased by 30.0% to Rs. 185 Crore, and PAT rose by 27.3% to Rs. 102 Crore.
ASK Automotive Reports Record Financial Performance
ASK Automotive Limited announced its financial results for the second quarter and half year ended September 30, 2026, reporting its highest ever quarterly revenue, EBITDA, and PAT. This marks the 12th consecutive quarter of robust performance for the company since its listing.
Q2 FY27 Financial Highlights
In the second quarter of fiscal year 2027 (Q2 FY27), ASK Automotive achieved significant growth across key financial metrics:
- Consolidated Revenue increased by +47.5% year-on-year, reaching Rs. 1561 Crore. This growth was influenced by a passthrough impact of a significant increase in alloy prices on revenue (+23.0%) and a strategic reduction impact in Wheel Assembly (-5.0%), leading to an overall Net Revenue Growth of +29.5%.
- EBITDA grew by 30.0% year-on-year to Rs. 185 Crore, with an EBITDA Margin of 11.8%.
- Profit After Tax (PAT) saw a growth of +27.3% year-on-year, amounting to Rs. 102 Crore.
- Earnings Per Share (EPS) increased to Rs. 5.15 from Rs. 4.05 in the same period last year, a rise of +27.3%.
H1 FY27 Financial Highlights
For the first half of fiscal year 2027 (H1 FY27), the company also demonstrated strong performance:
- Consolidated Revenue growth was reported at +49.6%, reaching Rs. 2922 Crore. The overall Net Revenue grew by +27.6% year-on-year.
- EBITDA increased by 31.3% year-on-year to Rs. 348 Crore, with an EBITDA Margin of 11.9%.
- PAT grew by +28.0% year-on-year to Rs. 187 Crore.
- EPS rose to Rs. 9.47 from Rs. 7.40 in the corresponding period last year, an increase of +28.0%.
Key Business Updates
ASK Automotive provided several key updates on its business operations and strategic initiatives:
- The company commenced regular supply of High Pressure Die Casted (HPDC) Alloy Wheels on 3rd August 2026 to a leading Japanese customer. This marks the first introduction of HPDC alloy wheels for two-wheelers in India.
- Manufacturing facilities at Karoli and Bangalore are ramping up and operating at optimum utilization, contributing to improved economies of scale and operational efficiencies.
- A new Captive Solar power plant of 11.55 MWp in Rajasthan became operational in October 2026, underscoring the company’s commitment to renewable energy.
Management Commentary
Mr. Kuldip Singh Rathee, Chairman and Managing Director, expressed his delight with the strong performance in both revenue and profitability, highlighting the consistent growth trajectory of the company. He noted that the company continues to outperform the industry growth and aims to sustain this momentum with a focus on the bottom line to enhance shareholder value.
Source: BSE
