ASK Automotive Limited (ASKAUTOLTD) Q2 FY27 Financial Results: PAT ₹85 & Revenue ₹1,361 Cr

Investor Takeaways

• Revenue reached ₹1361 Crore, up 52.1% YoY, driven by alloy price pass-through (+33.4%) and strong export growth.
• EBITDA rose to ₹164 Crore, up 32.7% YoY, with PAT at ₹85 Crore, up 28.8% YoY, and EPS at ₹4.32 (+28.8%).
• ⚠️ No specific risks identified in this filing.

Overall Tone: Positive based on the numbers only.

Key Financial Highlights

What Changed

ASK Automotive reported record Q1 FY27 financial results, with revenue increasing 52.1% YoY to ₹1361 Crore, driven by alloy price pass-through (+33.4%) and strong export growth. EBITDA grew 32.7% YoY to ₹164 Crore, and PAT rose 28.8% YoY to ₹85 Crore, with EPS at ₹4.32 (+28.8%). The quarterly trend shows consistent growth across all metrics: revenue increased from ₹782.51 Crore in Q4FY24 to ₹1361 Crore in Q1FY27, while PAT rose from ₹47.76 Crore to ₹85 Crore. EBITDA margins improved to 12.04% in Q1FY27 from 10.52% in Q4FY24, reflecting operational efficiency gains. The company emphasized that EBITDA margins are expected to improve further as alloy prices remain benign, supporting sustained outperformance in the two-wheeler braking systems market.

Peer Comparison

ASK Automotive’s P/E ratio of 38.09 is higher than Maruti Suzuki (27.84) and Mahindra & Mahindra (22.17), but lower than TVS Motor (393.51), indicating market expectations of growth relative to peers.

Risks & Concerns

• No specific risks identified in this filing.

Quarterly Trend