ASK Automotive Limited Reports Record Quarterly Revenue, EBITDA, and PAT in Q1 FY27

ASK Automotive Limited Reports Record Quarterly Revenue, EBITDA, and PAT in Q1 FY27​

ASK Automotive Limited, a major manufacturer of brake shoes and Advanced Braking Systems for two-wheelers in India, announced its unaudited financial results for the first quarter (Q1) ending June 30, 2026. The company reported highest ever figures across consolidated revenue, EBITDA, and Profit After Tax (PAT).

The results showed a significant increase in performance, despite facing challenges related to fluctuating alloy prices and strategic reductions in its Wheel Assembly business.

Financial Highlights for Q1 FY27​

Consolidated revenue grew by 52.1% reaching Rs. 1361 Crore. The company achieved an EBITDA of Rs. 164 Crore, reflecting a 32.7% year-on-year (YOY) growth. Net Profit After Tax (PAT) reached Rs. 85 Crore, marking a 28.8% YOY increase.

The company also reported that its Earnings Per Share (EPS) rose to Rs. 4.32, up from Rs. 3.35 in the corresponding period of the previous fiscal year.

While the revenue growth was robust, the EBITDA margin at 12.0% was impacted by an abrupt and phenomenal increase in alloy prices. The management noted that overall Net Revenue Growth stood at +25.3%, following a 33.4% positive impact from the significant increase in Alloy Prices offset by a 6.6% impact from the Wheel Assembly strategic reduction.

The company's specialized vertical performance included revenue growth of 48% for Advanced Braking Systems, 75% for Aluminium Light Weighting Precision Solutions, and 20% for Safety Control Cables on a YOY basis. Revenue generated from exports amounted to Rs. 39 Crore, up from Rs. 33 Crore in the previous year.

A summary of the financial metrics across different periods is provided below:

Operational and Strategic Updates​

Kuldip Singh Rathee, Chairman and Managing Director of ASK Automotive Limited, stated that the Q1 performance represented a strong showing in both revenue and profitability, marking the eleventh consecutive quarter of robust performance since the company's listing.

Rathee noted that the results reflected continued focus on expanding value-added businesses, improving production capacity utilization, and achieving cost efficiencies. He added that while volatility in alloy prices may affect margin percentages due to the denominator effect, they anticipate an improvement in EBITDA margins as aluminium prices are expected to remain benign in the coming quarters.

The company also highlighted successful technical collaboration with Kyushu Yanagawa Japan, reporting that the first supply of High Pressure Die Casted Alloy Wheel has begun to a Japanese customer at their Karol Bagh plant.

In addition to scaling up manufacturing operations at Karoli and optimizing utilization at the Bangalore facility, ASK Automotive Limited confirmed it is advancing its commitment to sustainable energy by planning to operationalize a second captive solar plant in Rajasthan during Q2 FY27.

ASKAUTOLTD Stock Price Movement​

ASK Automotive Limited's shares today slipped by 3.45%, settling at ₹551.3 after shedding ₹19.65 from the previous close. The stock saw a trading volume of 271,933 shares in the session.