ASK Automotive Limited — Investor Meet, 03-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
03-02-2026 | 05:25 pm
03-02-2026 | 05:25 pm
ASK Automotive delivered a strong Q3 FY26: revenue up 18.5% YoY (28% ex-wheel assembly), EBITDA +26.8%, and PAT +21.3%. EBITDA margin improved to 13.4%. 9M performance was also robust. Management is bullish on Q4 and FY27, targeting mid-teen growth, driven by GST 2.0 reforms boosting the two-wheeler aftermarket. Strategic initiatives include new solar plants, initial Ford exports, and upcoming Alloy Wheel and Sunroof Cable JV supplies in H2 FY27. The company reports stable absolute EBITDA despite aluminum price volatility and aims to maintain strong ROCE, indicating confidence in continued market outperformance.
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