ASK Automotive Reports Robust Q2 FY26 Performance with 19.5% EBITDA Growth

ASK Automotive Limited has reported strong financial results for the second quarter of fiscal year 2026, showcasing resilience in the face of global challenges and demonstrating robust growth across key metrics.

Financial Highlights

ASK Automotive achieved its highest-ever absolute revenue, EBITDA, and PAT for any quarter in Q2 FY26. The company's performance highlights include:

Metric	Q2 FY26	YoY Growth
Revenue	-	8.50%
EBITDA	-	19.50%
PAT	-	18.60%
EBITDA Margin	13.40%	+124 bps

The company's EBITDA margin improved significantly, rising by 124 basis points year-on-year to reach 13.40%. This improvement came despite a 30 basis point impact due to increased aluminum prices.

Segment Performance

ASK Automotive reported growth across all three of its product segments:

Segment	Q2 FY26 YoY Growth
Advanced Braking Systems	10.00%
Aluminum Light Weighting Precision Solutions	22.00%
Safety Control Cables	2.00%

The company strategically reduced its low-value wheel assembly business by 53.60%, contributing to overall margin improvement.

Export Challenges and Strategic Initiatives

Export revenue declined to Rs. 63.00 crore from Rs. 74.00 crore in the same quarter last year, primarily due to geopolitical issues affecting rare earth and magnet supplies. Despite these challenges, the company remains optimistic about crossing last year's export numbers.

ASK Automotive has made significant strides in sustainable operations by commissioning a 9.90 MW solar plant in Sirsa, Haryana, which began supplying power from April 2025. The company is also installing an additional 11.55 MW solar power plant in Rajasthan, expected to be operational by Q1 FY27, underscoring its commitment to green energy.

Market Outlook and Future Prospects

The management expressed optimism about the company's growth trajectory, supported by recent GST 2.0 reforms and favorable macroeconomic conditions. The Indian automobile sector witnessed healthy momentum in H1 FY26, with overall vehicle production across all segments registering a robust year-on-year growth of 5.80%.

ASK Automotive continues to outperform the two-wheeler industry in terms of vehicle production growth. The company maintains its guidance of mid-teens growth and is confident in its ability to maintain current profit margins despite fluctuations in aluminum prices.

Conclusion

ASK Automotive's strong Q2 FY26 performance, marked by significant growth in revenue, EBITDA, and PAT, reflects the company's resilience and strategic focus. With ongoing investments in sustainable operations and a positive outlook for the automotive sector, ASK Automotive appears well-positioned for continued growth in the coming quarters.

Investors and stakeholders will be watching closely to see how the company navigates global supply chain challenges and capitalizes on the growing domestic automotive market in the remainder of FY26 and beyond.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.33%	-1.94%	-6.99%	+17.69%	+7.30%	+54.48%

ASK Automotive Limited, a key player in the Indian automotive component sector, has achieved a significant milestone by winning the prestigious India's Best Managed Companies 2025 Award, presented by Deloitte. This accolade underscores the company's commitment to excellence in management practices and corporate governance.

Award Recognition

The company made this announcement through an official disclosure to both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). This recognition places ASK Automotive among the elite group of well-managed Indian companies, highlighting its strong leadership and operational efficiency.

Company Performance

While specific financial details are not provided in the current announcement, it's worth noting that ASK Automotive has been maintaining transparency with its investors. As per the LODR data:

The company recently held an Investors/analysts Call on October 31, 2025, following the declaration of its Un-Audited Financial Results for the quarter and half year ended September 30, 2025.
An audio recording of this call has been made available on the company's website, demonstrating ASK Automotive's commitment to keeping its stakeholders informed about its financial performance and future outlook.

Market Implications

This award from Deloitte could potentially boost investor confidence in ASK Automotive Limited. Recognition as one of India's best-managed companies often signals:

Strong corporate governance
Effective leadership
Robust operational processes
Sustainable business practices

While the direct impact on stock price is not predictable, such accolades generally contribute positively to a company's reputation in the market.

Looking Ahead

As ASK Automotive Limited continues to strengthen its position in the automotive component sector, this award serves as a testament to its management capabilities. Investors and market watchers may want to keep an eye on the company's future performance and strategic moves, especially in the context of the evolving automotive industry in India.

The company's proactive approach to investor relations, as evidenced by its regular financial disclosures and investor calls, suggests a commitment to transparency that aligns well with its recent recognition as a well-managed company.