ASK Automotive Limited announced robust financial results for the first quarter ended June 30, 2026. The company achieved a consolidated revenue growth of 52.1%, reaching ₹1361 Crore. EBITDA saw a significant increase of 32.7% year-on-year, reaching ₹164 Crore, while PAT grew by 28.8% to ₹85 Crore. The company highlighted strong performance across its business verticals and strategic initiatives contributing to this growth.
ASK Automotive Reports Strong Q1 FY27 Performance
ASK Automotive Limited, a leading manufacturer of brake shoes and advanced braking systems, has declared impressive financial results for the first quarter of the fiscal year 2027 (Q1 FY27), which ended on June 30, 2026. The company reported a substantial consolidated revenue growth of 52.1%, amounting to ₹1361 Crore, compared to the same period last year.
Key Financial Highlights
The company’s Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) also demonstrated strong growth, increasing by 32.7% year-on-year to reach ₹164 Crore. The EBITDA margin stood at 12.0%, though it was impacted by an abrupt increase in alloy prices. Profit After Tax (PAT) grew by a healthy 28.8% year-on-year, totaling ₹85 Crore. Earnings Per Share (EPS) rose to ₹4.32 from ₹3.35 in the prior year’s corresponding quarter.
Operational Performance and Strategic Initiatives
The strong performance in Q1 FY27 was attributed to the company’s continued focus on expanding value-added businesses, optimizing production capacities, and enhancing cost efficiencies. The Advanced Braking Systems business vertical revenue grew by 48%, Aluminium Light Weighting Precision Solutions by 75%, and Safety Control Cables by 20% year-on-year. Export revenue also saw an increase, reaching ₹39 Crore from ₹33 Crore in the same period last year.
Furthermore, ASK Automotive highlighted the successful implementation of its technical collaboration with Kyushu Yanagawa Japan at its Karoli plant, with the first supply of High Pressure Die Casted Alloy Wheel commencing to a Japanese customer. The company’s manufacturing facilities in Karoli and Bangalore are operating at optimum utilization, contributing to improved economies of scale and operational efficiencies. The second captive solar plant in Rajasthan is also expected to be operationalized in Q2 FY27, underscoring the company’s commitment to sustainable initiatives.
“We have outperformed the industry growth, and our aim is to continue on this growth path on a sustainable basis with clear focus on the bottom line to enhance the shareholders’ value,” stated Mr. Kuldip Singh Rathee, Chairman and Managing Director. He expressed confidence in maintaining the growth momentum and outperforming industry growth in the upcoming year.
Source: BSE
