ASM Technologies Limited , a leader in Design-Led Manufacturing (DLM) and Engineering R&D services, has reported a robust financial performance for the second quarter of fiscal year 2026, alongside significant strategic investments planned for the future.

Strong Financial Performance

ASM Technologies delivered impressive results for Q2 FY26:

The company's growth was driven by strong performance in both its Engineering R&D (ERD) and Design-Led Manufacturing (DLM) segments.

Half-Year Performance

For the first half of FY26, ASM Technologies continued its growth trajectory:

Strategic Investments

ASM Technologies has signed two significant Memorandums of Understanding (MoUs) for expansion:

1. ₹510.00 crores investment with the Government of Karnataka
2. ₹250.00 crores investment with the Government of Tamil Nadu

These MoUs represent a cumulative planned investment of ₹760.00 crores, aimed at expanding the company's Design-Led Manufacturing capacity in the Electronics System Design and Manufacturing (ESDM) sector.

Expansion Plans

The investments are expected to enhance ASM Technologies' precision engineering capabilities for the electronics, semiconductor, and solar industries. This expansion aligns with the company's focus on the ESDM sector and is anticipated to create new employment opportunities.

Management Commentary

Mr. Rabindra Srikantan, Managing Director of ASM Technologies, commented on the results: "We delivered another strong quarter, with Revenue from Operations rising 171% YoY to ₹155 Cr, driven by solid growth in both ER&D and Design-Led Manufacturing. We expect this momentum to continue into the second half."

He added, "With our engineering expertise, co-development approach and integrated manufacturing capabilities, ASM continues to support customers in design-led innovation and next-generation product development. Our deep understanding of client requirements and ability to customise solutions remains a core differentiator for us."

Future Outlook

ASM Technologies remains focused on scaling with quality and delivering sustained value to its customers. The strategic investments and strong financial performance position the company well for continued growth in the ESDM sector.

The company's Board of Directors has declared a second interim dividend of ₹1.00 per equity share for the financial year 2025-2026, to be paid on or before December 7, 2025.

As ASM Technologies continues to expand its capabilities and market presence, it appears well-positioned to capitalize on the growing demand for design-led manufacturing and engineering R&D services in India's rapidly evolving tech landscape.

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:

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.