ASK Automotive Share Price

Conference Call with ASK Automotive Management and Analysts on Q1FY27 Performance and Outlook. Listen to the <a href="https://youtu.be/d9UVfpSuNgQ">full earnings transcript</a>. <br>

• Trendlyne
• 1 day 21 hours ago

<h3><span style="font-size:16px;"><strong>Auto Parts & Equipment company ASK Automotive announced Q1FY27 results</strong></span></h3> <p _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Consolidated Financial Results:</strong></p> <ul> <li _ngcontent-ng-c1006311636="">Revenue from operations for Q1FY27 was Rs 1,358.11 crore, representing a significant YoY growth of 52.38% from Rs 891.29 crore in Q1FY26 and a QoQ increase of 18.39% from Rs 1,147.12 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Total income for the quarter reached Rs 1,361.14 crore, marking a YoY growth of 52.09% compared to Rs 894.96 crore in Q1FY26 and a QoQ increase of 17.95% over Rs 1,153.97 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Profit before tax (PBT) for Q1FY27 was Rs 112.25 crore, reflecting a YoY growth of 28.76% from Rs 87.18 crore in Q1FY26 and a QoQ increase of 18.41% from Rs 94.80 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Net profit for the period (PAT) reached Rs 85.12 crore in Q1FY27, up 28.83% YoY compared to Rs 66.07 crore in Q1FY26 and recording a QoQ increase of 18.98% from Rs 71.54 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Earnings per equity share (Basic and Diluted) for Q1FY27 stood at Rs 4.32, up from Rs 3.35 in Q1FY26 and Rs 3.63 in Q4FY26.</li> </ul> <p _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Standalone Financial Results:</strong></p> <ul> <li _ngcontent-ng-c1006311636="">Standalone revenue from operations for Q1FY27 was Rs 986.55 crore, marking a YoY growth of 35.75% from Rs 726.76 crore in Q1FY26 and a QoQ growth of 10.68% compared to Rs 891.36 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Total standalone income for the quarter stood at Rs 998.99 crore, reflecting a YoY increase of 35.61% over Rs 736.68 crore in Q1FY26 and a QoQ increase of 10.33% from Rs 905.48 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Profit before tax (PBT) reached Rs 83.21 crore in Q1FY27, up 13.78% YoY from Rs 73.13 crore in Q1FY26 and up 1.40% QoQ over Rs 82.06 crore in Q4FY26.</li> <li _ngcontent-ng-c1006311636="">Standalone net profit (PAT) for Q1FY27 was Rs 61.46 crore, representing a YoY growth of 12.98% compared to Rs 54.40 crore in Q1FY26 and a QoQ increase of 0.59% from Rs 61.10 crore in Q4FY26.</li> </ul> <p _ngcontent-ng-c1006311636=""><strong _ngcontent-ng-c1006311636="">Business Highlights:</strong></p> <ul> <li _ngcontent-ng-c1006311636="">Substantial sales of the company's products are generated within India.</li> <li _ngcontent-ng-c1006311636="">The Board of Directors approved the appointment of M/s Ernst & Young LLP as the Internal Auditors of the Company for FY27.</li> <li _ngcontent-ng-c1006311636="">The Board approved the appointment of Mr. Arun Kumar Shukla as an Additional Director and designated him as a Whole-time Director for a term of five consecutive years effective from August 4, 2026.</li> <li _ngcontent-ng-c1006311636="">Ms. Nidhi Kandwal was appointed as the Compliance Officer of the Company and designated as Key Managerial Personnel effective from August 4, 2026.</li> </ul> <p><strong>Kuldip Singh Rathee, Chairman and Managing Director, said:</strong> “I am delighted to share with you that we had a strong performance in the first quarter in both revenue and profitability. This is the eleventh consecutive quarter of robust performance by us since the listing of the Company.</p> <p>Summary of Q1FY27 results is as under:</p> <ul> <li>Achieved Highest ever Quarterly revenue, EBITDA and PAT.</li> <li>We delivered strong performance in business and recorded consolidated revenue growth of +52.1% (Excluding passthrough impact of significant increase in Alloy prices on revenue i.e. 33.4% and Wheel Assembly business strategic reduction i.e. (-) 6.6%), overall Net Revenue has grown by +25.3% on a year-on-year basis.</li> <li>We continue to outperform the 2W industry vehicle production growth.</li> <li>Achieved EBITDA of Rs 164 crore. with 32.7% YOY growth.</li> <li>EBITDA Margin at 12.0%. However, EBITDA percentage was impacted due to abrupt and phenomenal increase in Alloy prices.</li> <li>Achieved PAT of Rs 85 crore with +28.8% YoY growth.</li> <li>This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities and bringing cost efficiencies.</li> <li>We have outperformed the industry growth, and our aim is to continue on this growth path on a sustainable basis with clear focus on the bottom line to enhance the shareholders’ value. Volatility in alloy prices may affect margin percentages due to the denominator effect; however, with aluminium prices expected to remain benign in the coming quarters, we anticipate an improvement in our EBITDA margins.</li> <li>With strong performance, our Earning per share (EPS) has increased to Rs 4.32 per share against Rs 3.35 per share in last year same period.</li> <li>Happy to share that the technical collaboration with Kyushu Yanagawa Japan has been successfully implemented at our Karoli plant and 1st Supply of High Pressure Die Casted Alloy Wheel has started to our esteemed Japanese customer.</li> </ul> <p>Our mega manufacturing facility at Karoli is ramping up fast and new Bangalore facility is running at optimum utilisation. The improved economies of scale and operational efficiencies are benefitting us in delivering better performance.</p> <p>Our second captive solar plant in Rajasthan is expected to be operationalised in Q2 FY27. This shows our ongoing commitment towards sustainable renewable energy initiative.</p> <p>As we go forward, we are hopeful of maintaining trend of outperforming the industry growth in the subsequent year. We anticipate the growth momentum in two-wheeler sector to continue for the upcoming year.</p> <p>We are committed to keep contributing towards the value creation for our Stakeholders and Investors.”</p> <p><a class="lb" href="/get-document/post/pdf/5764698/" target="_blank">Result PDF</a></p>

• Trendlyne
• 2 days 3 hours ago

Please find enclosed intimation of Newspaper Advertisements for Unaudited Financial Results of the Company for the quarter ended o June 30, 2026.

• BSE India
• 2 days 4 hours ago