ASM Technologies declared an interim dividend of ₹6 per equity share on August 5, 2026, alongside robust first-quarter financial results for FY27. The company’s consolidated net profit rose to ₹268.23 million in the quarter ended June 30, 2026, up from ₹155.73 million in the same period last year. Revenue from operations climbed to ₹1.99 billion, reflecting strong top-line momentum driven by its manufacturing segment. This performance underscores the firm’s operational leverage and cash flow generation capabilities, justifying the shareholder return amidst ongoing ERP stabilization efforts.

The Board of Directors approved the unaudited standalone and consolidated financial results prepared under Ind AS during a meeting held on August 5, 2026. The dividend, representing 60% of the face value of ₹10 per share, will be paid on or before September 4, 2026. The record date for determining dividend entitlement is fixed as August 12, 2026. These disclosures were made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

ASM Technologies reported significant growth across key profitability metrics. Consolidated revenue from operations stood at ₹1,988.16 million, compared to ₹1,229.15 million in the corresponding quarter of the previous year. EBITDA expanded to ₹488.99 million (derived from segment profit before interest and tax adjustments) with an improved margin profile. The consolidated net profit after tax reached ₹268.23 million, marking a substantial year-on-year increase.

Standalone revenue was recorded at ₹1,936.93 million, while standalone net profit rose to ₹270.37 million from ₹163.29 million in the prior year quarter. The earnings per share (basic) increased to ₹18.53 on a standalone basis and ₹18.39 on a consolidated basis.

Segment-Wise Growth

The manufacturing segment contributed significantly to the revenue surge, with domestic manufacturing revenue jumping to ₹1,448.02 million from ₹605.51 million in the year-ago quarter. Export manufacturing revenue declined slightly to ₹15.38 million from ₹37.03 million. The services segment saw export revenue rise to ₹238.81 million from ₹205.39 million, while domestic services revenue decreased to ₹285.95 million from ₹381.22 million.

Segment profit before interest and tax for manufacturing reached ₹307.78 million, up sharply from ₹100.33 million in the previous year. The services segment generated a profit of ₹181.21 million, down from ₹209.23 million. Unallocable expenditure stood at ₹77.41 million.

Auditor’s Review and Operational Updates

The statutory auditors, B.K. Ramadhyani & Co. LLP, issued an unmodified review opinion on the quarterly results. However, they highlighted two matters of emphasis. First, the company holds non-current investments in Eclectic IQ (formerly Polylogyx) and Lavelle Networks Private Limited, carried at costs of ₹8.03 million and ₹55.00 million respectively, with fair values of ₹12.65 million and ₹64.25 million. Management stated that no impairment exists despite ongoing efforts to obtain formal valuation reports under Ind AS 109.

Second, the auditors noted that the company has implemented a new ERP system, TCS iON™, which is currently undergoing stabilization. Management is addressing system bugs and process deficiencies related to inventory valuation, prepaid expenses amortization, and debtor aging. Rectifications have been carried out outside the ERP system where necessary, and management represented that any remaining discrepancies are not expected to materially impact financial results.

What the Numbers Show

The disproportionate growth in domestic manufacturing revenue compared to services highlights ASM Technologies’ strategic shift or success in scaling its design-led manufacturing capabilities. While total revenue grew by over 60%, the manufacturing segment’s contribution expanded nearly threefold, suggesting higher operational leverage in this business line. The simultaneous declaration of a substantial interim dividend signals management’s confidence in cash flow generation and future sustainability, even as the company navigates ERP stabilization challenges.

asm technologies has revised the record date for determining shareholders eligible for the final dividend for the financial year ended March 31, 2026, to Wednesday, July 29, 2026. The record date was previously set for Friday, July 24, 2026. The dividend payment is subject to declaration at the upcoming Annual General Meeting (AGM). The company scheduled the 34th AGM for Wednesday, August 5, 2026, via Video Conferencing or Other Audio Visual Means.

Remote e-voting facilities will be available to members from Friday, July 31, 2026, at 9:00 A.M. IST to Tuesday, August 4, 2026, at 5:00 P.M. IST. The cut-off date for determining eligibility to vote at the AGM remains Friday, July 24, 2026. The Register of Members and Share Transfer Books will remain closed from July 29, 2026, to August 5, 2026, for the purpose of the AGM.

Key Dates for ASM Technologies