Key Financial Performance - Q2 FY27 (Consolidated)

  • Revenue: ₹1,555.2 Cr, up 47.5% YoY (Q2 FY26: ₹1,053.7 Cr)
  • Other Income: ₹6.1 Cr
  • Total Income: ₹1,561.2 Cr
  • EBITDA: ₹184.6 Cr, up 30.0% YoY (Q2 FY26: ₹142.0 Cr)
  • EBITDA Margin: 11.8% (Q2 FY26: 13.4%)
  • PAT: ₹101.6 Cr, up 27.3% YoY (Q2 FY26: ₹79.8 Cr)
  • PAT Margin: 6.5% (Q2 FY26: 7.5%)
  • EPS: ₹5.15
  • The company reported its highest ever quarterly revenue, EBITDA, and PAT.

Key Financial Performance - H1 FY27 (Consolidated)

  • Revenue: ₹2,913.3 Cr, up 49.8% YoY (H1 FY26: ₹1,945.0 Cr)
  • EBITDA: ₹348.2 Cr, up 31.3% YoY (H1 FY26: ₹265.2 Cr)
  • EBITDA Margin: 11.9% (H1 FY26: 13.6%)
  • PAT: ₹186.9 Cr, up 28.0% YoY (H1 FY26: ₹145.7 Cr)
  • PAT Margin: 6.4% (H1 FY26: 7.5%)
  • EPS: ₹9.47

Revenue Analysis

  • Net Revenue Growth: +29.5% YoY for Q2 FY27, +27.6% YoY for H1 FY27
  • Passthrough Impact: Significant increase in alloy prices contributed +23.0% to Q2 revenue growth and +27.1% to H1 revenue growth
  • Strategic Reduction: Wheel Assembly segment reduction impacted revenue by -5.0% in Q2 and -5.1% in H1
  • With effect from April 1, 2026, Wheel Assembly sales are Nil

Operational Highlights

  • Commercial Production: Commenced regular supply of High Pressure Die Casted (HPDC) Alloy Wheels to a leading Japanese customer on August 3, 2026, under technical collaboration with Kyushu Yanagawa Japan
  • Industry First: First time HPDC alloy wheels introduced in 2-wheelers in India
  • Capacity Utilization: Benefits from increasing capacity utilization at Karoli and new Bangalore facility
  • Energy Transition: Captive solar power plant of 11.55 MWp in Rajasthan operationalized in October 2026
  • Fuel Conversion: 100% conversion of Diesel to PNG in melting furnaces completed
  • Existing Solar: 9.9 MWp solar power plant already operational for captive consumption

Product Segment Revenue - Q2 FY27 (Consolidated)

The presentation includes detailed product segment revenue breakdown but specific figures by segment are not provided in the textual data.

Business Segments

ASK Automotive operates in three main business segments:

1. Advanced Braking Systems

2. Aluminum Lightweighting Precision Solutions

3. Safety Control Cables

Market Position

  • Largest manufacturer of 2W Advanced Braking System in India with ~50% market share
  • Powertrain Agnostic product offerings for both EV and Non-EV segments
  • 5 World Class Technical Collaborations and 3 World Class Joint Ventures
  • Credit Rating by CRISIL: Long term AA, Short term A1+

Customer Relationships

Long-standing relationships with Indian and Global OEM players including Hero MotoCorp, Honda, TVS, Yamaha, Suzuki, Bajaj, Royal Enfield, Maruti Suzuki, Toyota, Ford, MG Motors, and John Deere.

Sustainability Recognition

Highly rated by customers on sustainability:

  • Maruti - Excellent
  • TVS - Gold
  • Hero MotoCorp - 100% compliant
  • Yamaha - 100% compliant

Corporate Social Responsibility

AHSAAS Trust focuses on education, health care, women safety, sports talent nurturing conservation, and skill development.

Board of Directors

Detailed information provided for all board members including Kuldip Singh Rathee (Chairman & MD), Vijay Rathee (Non-Executive Director), Prashant Rathee (Joint MD), Aman Rathee (Joint MD), Rajesh Kataria (Whole-Time Director), and independent directors Vinay Kumar Piparsania, Deepti Sehgal, Kumaresh Chandra Misra, Yogesh Kapur, and Rajan Wadhera.