ASK Automotive Ltd

Exchange data showed the fund house acquired 78,61,739 shares, representing 3.99% equity, at Rs 473 apiece. The stock had ended 0.09% lower at Rs 474.85 on the BSE in the previous session. SBI Mutual Fund did not feature in the company's September-quarter shareholding pattern, indicating this is a fresh entry. On the same day, promoter Kuldip Singh Rathee sold 78,85,704 equity shares, amounting to 4% of the company's paid-up capital, in compliance with SEBI's minimum public shareholding requirements. As of September 2025, Rathee individually held 34.18% in ASK Automotive. Following the sale, the combined promoter and promoter group stake has declined from 78.95% to 74.95%, enabling the company to meet regulatory norms. ASK Automotive is India's largest manufacturer of brake shoes and advanced braking systems for two-wheelers, with operations spanning advanced braking systems, aluminium lightweight precision components and safety control cables. The company reported an 18.60% rise in consolidated net profit to Rs 79.80 crore in Q2 FY26, while revenue from operations grew 8.19% YoY to Rs 1,053.70 crore for the quarter ended 30 September 2025. Powered by Capital Market - Live

Net profit of ASK Automotive rose 18.61% to Rs 79.80 crore in the quarter ended September 2025 as against Rs 67.28 crore during the previous quarter ended September 2024. Sales rose 8.20% to Rs 1053.70 crore in the quarter ended September 2025 as against Rs 973.86 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales1053.70973.86 8 OPM %13.0111.99 - PBDT131.52111.05 18 PBT103.6689.49 16 NP79.8067.28 19 Powered by Capital Market - Live

Revenue from operations increased 8.19% YoY to Rs 1,053.70 crore in the quarter ended 30 September 2025. Profit before tax rose 15.83% to Rs 103.66 crore in Q2 FY26 as compared with Rs 89.49 crore posted in Q2 FY25. EBITDA stood at Rs 142 crore in Q2 FY26, registering a growth of 19.32% compared with Rs 119 crore in Q2 FY25. EBITDA margin improved to 13.4% in Q2 FY26 from 12.2% posted in the same quarter last year. Kuldip Singh Rathee, chairman and managing director, said, 'I am delighted to share with you that we had a strong finish to the second quarter and first half of the year in both revenue and profitability. This is the eighth consecutive quarter of robust performance by us since listing of the company. During Q2 FY26, we delivered a strong business performance and recorded revenue growth of 16.6% (excluding the Wheel Assembly business). The Wheel Assembly business saw a strategic reduction of 53.6%, while consolidated revenue grew by 8.5% on a year-on-year basis. The company achieved growth of 19.5% in EBITDA and 18.6% in PAT on a year-on-year basis. This is the highest-ever absolute revenue, EBITDA, and PAT earned by us in any quarter in the past. We continue to outperform the two-wheeler (2W) industry's vehicle production growth in both Q2 FY26 and H1 FY26. We achieved an EBITDA margin of 13.4% in Q2 FY26, which is 124 basis points higher than Q2 FY25. But for the increase in aluminium alloy prices during the quarter, our EBITDA margin would have been 13.7%. As a result, in first half of FY26, we delivered revenue growth of 14.0% (excluding Wheel Assembly business), Wheel Assembly strategic reduction 53.5% and consolidated revenue has grown by 6.1% on year-on-year basis. Achieved growth of 19.4% in EBITDA and 17.5% in PAT on year-on-year basis. We have delivered EBITDA Margin of 13.6% an improvement of 151 bps. This performance reflects our continued focus on expanding value-added businesses, improving utilization of production capacities, and bringing cost efficiencies. Our aim is to sustain the current level of EBITDA margins and gradually improve them in subsequent quarters, depending on the growth of the 2W industry and the geopolitical environment. With our strong performance, earnings per share (EPS) increased to ₹7.4 in H1 FY26, compared with ₹6.3 in the same period last year. Our mega manufacturing facility at Karoli and the new Bangalore facility are ramping up quickly. The improved economies of scale and operational efficiencies are helping us deliver better performance. As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent quarters of FY26. We are committed to keep contributing towards the value creation for our Stakeholders and Investors.' Ask Automotive is the largest manufacturer of brake shoes and advanced braking systems for two wheelers in India. The company has diversified its operations and offers products inder advanced braking systems, aluminium light weighting precision solutions and safety constorl cables business segments. The counter slipped 3.66% to Rs 484.05 on the BSE. Powered by Capital Market - Live

Net profit of ASK Automotive declined 7.94% to Rs 53.33 crore in the quarter ended September 2025 as against Rs 57.93 crore during the previous quarter ended September 2024. Sales declined 6.45% to Rs 826.76 crore in the quarter ended September 2025 as against Rs 883.76 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales826.76883.76 -6 OPM %9.469.92 - PBDT86.8592.23 -6 PBT72.0177.74 -7 NP53.3357.93 -8 Powered by Capital Market - Live

Ask Automotive will hold a meeting of the Board of Directors of the Company on 30 October 2025.Powered by Capital Market - Live

ASK Automotive announced the incorporation of 'ASK GTD CONTROL CABLES', a joint venture company (JVC) with T.D. Holding GMBH, Germany (TDH) for manufacturing, marketing and selling sunroof control cables and/or helix cables for passenger vehicles. The JVC was incorporated on 15 September 2025. Powered by Capital Market - Live

ASK Automotive announced that Prashant Kumar Gupta has resigned as President & Chief Marketing Officer of the Company and shall be relived from the Company w.e.f. closing business hours of 09 September 2025. Powered by Capital Market - Live

Net profit of ASK Automotive rose 16.26% to Rs 66.07 crore in the quarter ended June 2025 as against Rs 56.83 crore during the previous quarter ended June 2024. Sales rose 3.37% to Rs 891.29 crore in the quarter ended June 2025 as against Rs 862.20 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales891.29862.20 3 OPM %13.4211.67 - PBDT113.6396.19 18 PBT87.1875.97 15 NP66.0756.83 16 Powered by Capital Market - Live

Ask Automotive will hold a meeting of the Board of Directors of the Company on 29 July 2025.Powered by Capital Market - Live

The joint venture company will be incorporated following the execution of the joint venture agreement (JVA). The company will hold a 49% equity stake in the JV Co. and will infuse funds upto Rs 2.45 crore in one or more tranches. Of this 49 lakh will be invested at the time of incorporation. The remaining 51% stake in joint venture company will be held by TDH. Ask Automotive is the largest manufacturer of brake shoes and advanced braking systems for two wheelers in India. The company has diversified its operations and offers products inder advanced braking systems, aluminium light weighting precision solutions and safety control cables business segments. The company's consolidated net profit jumped 20.6% to Rs 57.61 crore on 8.6% increase in net sales to Rs 849.67 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live