ASK Automotive Ltd

Ask Automotive announced that the 38th Annual General Meeting(AGM) of the company will be held on 7 August 2026.

Ask Automotive announced that the Board of Directors of the Company at its meeting held on 19 May 2026, inter alia, have recommended the final dividend of Rs 1.85 per equity Share (i.e. 92.5%) , subject to the approval of the shareholders.

Total income increased 35.3% YoY to Rs 1,154 crore in the quarter ended 31 March 2026. Profit before tax rose 24.74% to Rs 94.80 crore in Q4 FY26, compared with Rs 76 crore posted in Q4 FY25. EBITDA stood at Rs 140 crore in Q4 FY26, registering a growth of 31.1% compared with Rs 107 crore in Q4 FY25. However, EBITDA margin declined to 12.1% in Q4 FY26 from 12.5% in the corresponding quarter last year due to the impact of higher alloy prices. The company's Advanced Braking Systems business reported a 32% year-on-year revenue growth, while Aluminium Light Weighting Precision Solutions rose 47% and Safety Control Cables increased 26%. Export revenues stood at Rs 41 crore in Q4 FY26 compared with Rs 39 crore in the corresponding quarter last year. ASK Automotive said revenue growth was supported by higher alloy prices, which contributed an 8% passthrough impact during the quarter, while strategic reduction in the wheel assembly business had a 2.7% negative impact on revenue. Excluding these factors, net revenue growth stood at 30% year-on-year. For the full financial year FY26, ASK Automotive's consolidated total income increased 16.16% to Rs 4,196.35 crore, while PAT rose 20.1% to Rs 297 crore. EBITDA for the year grew 24.1% to Rs 551 crore, with EBITDA margin improving to 13.1% from 12.3% in FY25. During FY26, ASK Automotive said that it had incorporated a joint venture, ASK GTD Control Cables Private Limited, on September 15, 2025, along with T.D. Holding GMBH, to manufacture and market sunroof control cables and helix cables for passenger vehicles. Commenting on the results, Mr. Kuldip Singh Rathee, chairman and managing director, said, 'Our mega manufacturing facility at Karoli is ramping up fast, and the new Bangalore facility is nearing its optimum utilization. The improved economies of scale and operational efficiencies are benefitting us in delivering better performance. Our second captive solar plant in Rajasthan is expected to be operationalized in Q2 FY27. This shows our ongoing commitment towards sustainable renewable energy initiatives. As we go forward, we are hopeful of maintaining the trend of outperforming the industry growth in the subsequent year. We anticipate the growth momentum in the two-wheeler sector to continue for the upcoming year. We are committed to keep contributing towards the value creation for our stakeholders and investors. The company's board recommended a final dividend of Rs 1.85 per equity share, or 92.5% on the face value of Rs 2 per share, for FY26, subject to shareholder approval at the upcoming AGM. The company has fixed July 31, 2026, as the record date for determining shareholders' eligibility for the final dividend. If approved at the AGM, the dividend will be paid on or before September 5, 2026. 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 under advanced braking systems, aluminium lightweighting precision solutions, and safety control cable business segments. Shares of Ask Automotive shed 0.24% to Rs 454.15 on the BSE.Powered by Capital Market - Live

Net profit of ASK Automotive rose 24.18% to Rs 71.54 crore in the quarter ended March 2026 as against Rs 57.61 crore during the previous quarter ended March 2025. Sales rose 35.01% to Rs 1147.12 crore in the quarter ended March 2026 as against Rs 849.67 crore during the previous quarter ended March 2025. For the full year,net profit rose 20.07% to Rs 297.32 crore in the year ended March 2026 as against Rs 247.62 crore during the previous year ended March 2025. Sales rose 15.98% to Rs 4176.32 crore in the year ended March 2026 as against Rs 3600.83 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1147.12849.67 35 4176.323600.83 16 OPM %11.5512.22 -12.7111.99 - PBDT125.65100.63 25 505.05416.36 21 PBT94.8076.00 25 390.93327.37 19 NP71.5457.61 24 297.32247.62 20 Powered by Capital Market - Live

Ask Automotive will hold a meeting of the Board of Directors of the Company on 19 May 2026.

Revenue from operations increased 18.48% YoY to Rs 1,084.22 crore in the quarter ended 31 December 2025. Profit before tax rose 22.55% to Rs 105.29 crore in Q3 FY26, compared with Rs 85.91 crore posted in Q3 FY25. EBITDA stood at Rs 146 crore in Q3 FY26, registering a growth of 26.8% compared with Rs 115 crore in Q3 FY25. EBITDA margin improved to 13.4% in Q3 FY26 from 12.5% posted in the same quarter last year. The company's Advanced Braking Systems business reported a 22% year-on-year revenue growth, while Aluminium Lightweighting Precision Solutions rose 36% and Safety Control Cables increased 22%. Export revenues stood at Rs 38 crore in Q3 FY26, up from Rs 34 crore in the year-ago period. Kuldip Singh Rathee, chairman and MD, said, 'the company delivered a strong quarter and nine-month performance, marking its ninth consecutive quarter of robust growth since listing. Consolidated revenue rose 18.5% YoY in Q3 (up 28% excluding Wheel Assembly), with EBITDA up 26.8% and PAT up 21.3%, the highest-ever quarterly performance. EBITDA margin expanded 88 bps to 13.4%, while EPS for 9M FY26 increased to Rs 11.45 from Rs 9.64 YoY. He attributed the growth to ramp-up at the Karoli and Bangalore facilities, cost efficiencies, and expansion of value-added businesses, noting the company continues to outperform 2W industry growth and remains focused on sustaining margins and long-term stakeholder value.' 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. Powered by Capital Market - Live

Net profit of ASK Automotive rose 21.29% to Rs 79.92 crore in the quarter ended December 2025 as against Rs 65.89 crore during the previous quarter ended December 2024. Sales rose 18.48% to Rs 1084.22 crore in the quarter ended December 2025 as against Rs 915.10 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales1084.22915.10 18 OPM %13.0012.10 - PBDT134.25108.49 24 PBT105.2985.91 23 NP79.9265.89 21 Powered by Capital Market - Live

Ask Automotive will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

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