ASK Automotive announced its financial results for Q3 FY26, reporting the highest ever revenue, EBITDA, and PAT. Revenue grew by +28.0%, with consolidated revenue growth up +18.5% YoY reaching Rs. 1089 Cr. EBITDA increased by +26.8% and PAT by +21.3% YoY. The company continues to outperform the 2W industry in vehicle production growth, driven by increased capacity utilisation and strategic initiatives.
Record Breaking Quarter
ASK Automotive Limited announced its financial results for the third quarter and nine months ended December 31, 2025, showcasing record-breaking performance. The company achieved its highest-ever quarterly revenue, EBITDA, and PAT in Q3 FY26.
Financial Performance Q3 FY26
The company delivered strong financial results in Q3 FY26:
- Revenue growth up +28.0%*
- Consolidated Revenue Growth up +18.5% reaching Rs. 1089 Cr.
- EBITDA up +26.8%
- PAT up +21.3% YoY
*Excluding Wheel Assembly business
The Advanced Braking Systems business vertical revenue grew by +22%, Aluminium Light Weighting Precision Solutions revenue by +36% and Safety Control Cables revenue by +22% on YoY basis. Revenue from exports were at Rs. 38 Crore against Rs. 34 Crore in the same period last year.
The company delivered the highest quarterly EBITDA of Rs. 146 Crore, recording +26.8% YoY growth and achieved EBITDA margins of 13.4%, an improvement of +88 bps from Q3 FY25.
Additionally, ASK Automotive achieved the highest quarterly PAT of Rs. 80 Crore with +21.3% YoY growth. EPS increased to Rs. 4.05 against Rs. 3.34 in the same period last year, up +21.3% YoY.
Financial Performance 9M FY26
The company also showed robust performance in the first nine months of FY26:
- Revenue growth up +18.6%*
- Consolidated Revenue Growth up +10.2% reaching Rs. 3042 Cr.
- Delivered EBITDA of Rs. 411 Crore, recording +21.9% YoY growth.
- Delivered PAT of Rs. 226 Crore, recording +18.8% YoY growth.
*Excluding Wheel Assembly business
The Advanced Braking Systems business vertical revenue grew by +12%, Aluminium Light Weighting Precision Solutions revenue by +24% and Safety Control Cables revenue by +10% on YoY basis. Revenue from exports were at Rs. 100 Crore against Rs. 108 Crore in the same period last year.
EPS increased to Rs. 11.45 against Rs. 9.64 in the same period last year, up +18.8% YoY. Improvement in margins is mainly driven by better economies of scale due to higher volumes, benefit from increasing capacity utilisation and strategic reduction in low value-added Wheel Assembly business.
Management Commentary
Mr. Kuldip Singh Rathee, Chairman and Managing Director, stated: “I am delighted to share with you that we had a strong finish to the third quarter and nine months of the year in both revenue and profitability. This is the ninth consecutive quarter of robust performance by us since listing of the Company.”
He also noted the company’s outperformance of the 2W industry vehicle production growth and their focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies.
Source: BSE
