ASK Automotive reported a robust Q3 FY2025-26, achieving revenue growth of 28% (excluding wheel assembly), with consolidated revenue up by 18.5%. EBITDA increased by 26.8% and PAT by 21.3%. The company outperformed the two-wheeler industry in vehicle production growth and saw EPS rise to ₹4.05. Growth was supported by strong performance across all product segments and strategic capacity utilization improvements.
Financial Performance Highlights
ASK Automotive announced strong financial results for Q3 and 9M FY2025-26. Key highlights include:
- Q3 FY26 Revenue Growth: 28% (excluding wheel assembly business)
- Consolidated Revenue Growth: 18.5% year-over-year
- EBITDA Growth: 26.8%
- PAT Growth: 21.3%
- EBITDA Margin: 13.4%, an increase of 88 basis points year-over-year
- Earnings Per Share (EPS): Increased to ₹4.05 from ₹3.34 in the same period last year
Segment Performance
All three product segments demonstrated strong revenue growth:
- Advanced Braking System: Revenue grew by 22% in Q3 and 12% in 9M FY26.
- Aluminum Lightweighting Precision Solution: Revenue grew by 36% in Q3 and 24% in 9M FY26.
- Safety Control Cable: Revenue grew by 22% in Q3 and 10% in 9M FY26.
Strategic Initiatives and Outlook
The company’s 9.9 megawatt solar plant at Sirsa, Haryana, commenced operations on April 25, contributing to sustainable operational efficiencies. A new captive solar power plant of 11.55 megawatt is being installed in Rajasthan and is expected to be operational by Q1 FY27.
ASK Automotive expects to maintain growth momentum, supported by stable macroeconomic conditions, and the positive impact of GST 2.0 reforms. The company anticipates a strong Q4 and remains bullish about the future, expecting the two-wheeler story to continue. Exports are expected to remain stable this fiscal year, with improvements anticipated in FY27.
Source: BSE
