ASM Technologies Declares Second Interim Dividend, Reappoints Managing Director

1 min read     Updated on 08 Nov 2025, 08:27 PM
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Overview

ASM Technologies Limited announced Q2 FY2026 results with revenue growth of 170.93% YoY to Rs. 1,390.59 million. The company declared a second interim dividend of Rs. 1 per share, payable by December 7, 2025. Rabindra Srikantan was reappointed as Managing Director for five years. Profit After Tax increased by 287.39% to Rs. 198.23 million. The manufacturing segment showed significant domestic revenue contribution at Rs. 827.69 million.

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ASM Technologies Limited , a player in the Design Led Manufacturing (DLM) and Engineering R&D services (ERD) sectors, has announced significant corporate decisions in its recent board meeting. The company's board has approved unaudited financial results for the quarter ended September 30, 2025, and made key decisions regarding dividend distribution and leadership.

Dividend Declaration

The board has declared a second interim dividend of Rs. 1 per equity share, representing 10% on the face value of Rs. 10 per share for the financial year 2025-2026. Shareholders can expect the dividend to be paid on or before December 7, 2025. The company has set November 14, 2025, as the record date for determining eligibility for this dividend.

Leadership Continuity

In a move ensuring leadership stability, the board has reappointed Rabindra Srikantan as the Managing Director for a five-year term commencing from November 9, 2025. Srikantan, who holds dual MS degrees in Computer Engineering and Computer Science from the University of Louisiana, USA, brings over 35 years of experience in ERD and Design Led Manufacturing to the role.

Financial Performance

The company's financial results for the quarter ended September 30, 2025, show promising growth:

Particulars Q2 FY2026 (Rs. in million) Q2 FY2025 (Rs. in million) YoY Growth
Revenue from Operations 1,390.59 513.26 170.93%
Profit Before Tax 270.72 77.61 248.82%
Profit After Tax 198.23 51.17 287.39%

The standalone results demonstrate substantial year-over-year growth across key financial metrics.

Segment Performance

ASM Technologies operates in two main segments:

  1. Services (ERD):

    • Export revenue: Rs. 190.32 million
    • Domestic revenue: Rs. 343.49 million
  2. Manufacturing (DLM):

    • Export revenue: Rs. 29.09 million
    • Domestic revenue: Rs. 827.69 million

The manufacturing segment, particularly in the domestic market, has shown significant contribution to the overall revenue.

Balance Sheet Highlights

As of September 30, 2025, the company's balance sheet reflects a strong financial position:

  • Total Assets: Rs. 4,180.52 million
  • Total Equity: Rs. 3,185.30 million
  • Current Assets: Rs. 3,302.95 million

The company maintains a healthy liquidity position with substantial current assets, including investments and trade receivables.

ASM Technologies continues to focus on its core sectors of semiconductor/electronic equipment and transportation, with a global presence across the USA, Singapore, UK, Canada, Japan, and Mexico. The company's strategic decisions and financial performance indicate a positive outlook for its stakeholders in the coming quarters.

Historical Stock Returns for ASM Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-3.38%-11.46%+44.55%+138.18%+4,935.84%
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ASM Technologies to Invest ₹250 Crore in Tamil Nadu for ESDM Expansion

1 min read     Updated on 15 Sept 2025, 05:50 AM
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Reviewed by
Jubin VScanX News Team
Overview

ASM Technologies Ltd has signed an MoU with the Tamil Nadu government, pledging to invest ₹250 crore to expand its design-led manufacturing operations in the Electronics System Design and Manufacturing (ESDM) sector. This investment aims to strengthen ASM's position in the electronics manufacturing industry and boost Tamil Nadu's ESDM sector. The move is expected to create job opportunities and enhance the state's high-tech manufacturing capabilities.

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*this image is generated using AI for illustrative purposes only.

ASM Technologies Ltd has taken a significant step towards expanding its presence in the Electronics System Design and Manufacturing (ESDM) sector. The company recently signed a Memorandum of Understanding (MoU) with the Tamil Nadu government, committing to invest ₹250.00 crore for the expansion of its design-led manufacturing operations in the state.

Investment Details

The ₹250.00 crore investment by ASM Technologies is aimed at bolstering its ESDM capabilities in Tamil Nadu. This move is expected to strengthen the company's position in the rapidly growing electronics manufacturing industry.

Focus on Design-Led Manufacturing

ASM Technologies' investment is specifically targeted at expanding its design-led manufacturing operations. This approach integrates product design and development with manufacturing processes, potentially leading to more efficient and innovative product creation.

Implications for Tamil Nadu's ESDM Sector

This MoU signifies a boost for Tamil Nadu's efforts to attract investments in the ESDM sector. The state has been actively promoting itself as a preferred destination for electronics manufacturing, and this agreement with ASM Technologies further reinforces its position.

Potential Impact

The investment is likely to create new job opportunities in the region and contribute to the growth of the local electronics ecosystem. It may also help in enhancing the state's capabilities in high-tech manufacturing and design.

ASM Technologies' commitment to expanding its ESDM operations in Tamil Nadu reflects the growing importance of India in the global electronics manufacturing landscape. As the industry continues to evolve, such investments could play a crucial role in shaping the future of electronics design and manufacturing in the country.

Historical Stock Returns for ASM Technologies

1 Day5 Days1 Month6 Months1 Year5 Years
+1.36%-3.38%-11.46%+44.55%+138.18%+4,935.84%
ASM Technologies
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