ASKAUTOLTD

ASK Automotive shares soared nearly 15% today

ASK Automotive shares soared nearly 15% today to a record ₹632 after reporting its highest-ever quarterly revenue and profit for Q1 FY27. The company’s strong performance was driven by booming demand for advanced braking systems and aluminium precision components, though margins tightened due to alloy price inflation. 📈 Stock Performance (Aug 5, 2026) Metric Value Change BSE Price ₹629.85 ↑14.25% 52-week High ₹632.25 New record 52-week Low ₹375.30 +68.5% above low Market Sentiment Strong bullish momentum ASK Automotive’s rally marks its biggest intraday gain since listing in 2023, reflecting investor confidence in its expanding product portfolio and operational efficiency. 🏭 Q1 FY27 Financial Highlights Indicator Q1 FY27 YoY Growth Revenue from Operations ₹1,361 crore ↑52.1% EBITDA ₹164 crore ↑32.7% Net Profit (PAT) ₹85 crore ↑28.8% EPS ₹4.32 ↑28.8% EBITDA Margin 12.0% ↓ from 13.8% PAT Margin 6.3% ↓ from 7.4% Despite margin compression, ASK delivered record revenue and profit, outperforming the broader two-wheeler industry’s growth of 22.8%. 🔧 Segment-Wise Growth Advanced Braking Systems: ↑48% YoY Aluminium Lightweight Precision Solutions: ↑75% YoY Safety Control Cables: ↑20% YoY Exports: ₹39 crore (↑18% YoY) ASK Automotive now holds ~50% market share in India’s two-wheeler ABS systems, exporting to 14 countries from 18 manufacturing facilities. 🌞 Strategic & Operational Updates New Product Launch: Commercial production of high-pressure die-cast alloy wheels for two-wheelers began this quarter. Technical Collaboration: Partnership with Kyushu Yanagawa (Japan) implemented at the Karoli plant, enhancing global manufacturing capabilities. Renewable Energy Initiative: 11.55 MWp captive solar plant in Rajasthan to go live in Q2 FY27, supporting cost optimization.