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Earnings Call

ASK Automotive Earnings Call: Key Takeaways

ASK Automotive delivered strong Q4/FY26 results, outperforming the 2W industry with 30% net revenue growth in Q4. Strategy focuses on expanding high-margin alloy wheels and safety systems.

Why this was an Alfa AlertNot a filter event. Performance and guidance of 'mid-teens' growth are in line with historical trends, not exceeding prior guidance by 10% or more.
Highlights
Revenue growth30% net revenue growth in Q4 YoY excluding pass-throughs.
MarginsEBITDA margin at 13.1% in FY26; impacted by aluminum price volatility.
Order bookOrders in hand support 20% export growth target if geopolitics normalize.
Demand visibilityStrong; 2W production surpassed FY19 peak with favorable rural demand.
Management confidenceHigh confidence in outperforming industry growth via new products.

Growth

FY26 consolidated revenue grew 16.2% YoY; Q4 PAT reached ₹72 Cr, up 24.2% YoY. Independent aftermarket grew 24.7%.

Outlook

Mid-teens growth guided for FY27; ₹400 Cr capex planned. Alloy wheel revenue expected at ₹90-100 Cr in FY27.

Risks

Volatile aluminum prices impacting margins (80bps Q4 hit); geopolitical West Asia conflicts disrupting supply chains and costs.

Source

Earnings Call filed with NSE, NSE: ASKAUTOLTD. Summary written with AI assistance from the document.

Read the document ↗

ASK Automotive Ltd: key numbers

Share price
₹645.15
Market cap
₹12,719 Cr
Revenue (annual)
₹4,176 Cr
Net profit (annual)
₹297.3 Cr
P/E (TTM)
40.2×Sector 33.6×
Promoter holding
74.95%+0.00% QoQ
FII holding
9.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Debt & Borrowing

ASK Automotive Debt & Borrowing: ₹100 Cr

ASK Automotive Limited has extended an inter-corporate loan of Rs. 100 Crore to its wholly-owned subsidiary, ASK Automobiles Private Limited.

Value
₹100.0 Cr
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