ASK Automotive delivered robust financial results for Q4 FY26, with consolidated net profit jumping 24.2% year-on-year to ₹71.54 crore compared to ₹57.61 crore in Q4 FY25, according to latest exchange filings. The company's total income increased 35% YoY to ₹1,147.12 crore in the quarter ended March 31, 2026, marking a significant market share capture with revenue growth of ₹297 crore. EBITDA rose 28.4% to ₹133.3 crore from ₹103.8 crore in the corresponding quarter last year, though EBITDA margins compressed to 11.6% from 12.2% in the previous year, indicating higher operational costs related to scaling up new production facilities.
The company's net profit margins normalized to ~6.2% compared to ~6.7% in the previous year, indicating higher raw material or operating costs related to scaling up new production facilities. Revenue growth notably outperformed bottom-line growth, suggesting a strategic push for volume over immediate margin maximization. The EBITDA stood at ₹140 crore in Q4 FY26, registering 31.1% growth compared with ₹107 crore in Q4 FY25, as reported by Business Standard. Revenue growth was supported by higher alloy prices contributing an 8% passthrough impact during the quarter, while strategic reduction in the wheel assembly business had a 2.7% negative impact on revenue.
According to Business Standard, the company's Advanced Braking Systems business reported 32% year-on-year revenue growth, while Aluminium Light Weighting Precision Solutions rose 47% and Safety Control Cables increased 26%. Export revenues stood at ₹41 crore in Q4 FY26 compared with ₹39 crore in the corresponding quarter last year. Excluding the impact of higher alloy prices and strategic business changes, net revenue growth stood at 30% year-on-year. Strong demand visibility from two-wheeler OEMs continues to drive the braking systems segment, with the company effectively leveraging its dominant position in the brake-shoe and advanced braking systems market.
During FY26, ASK Automotive incorporated a joint venture, ASK GTD Control Cables Private Limited, on September 15, 2025, along with T.D. Holding GMBH, to manufacture and market sunroof control cables and helix cables for passenger vehicles. The company recently operationalized its 16th manufacturing plant in Bhiwadi, targeting increased production for high-pressure die casting components. The operational revenue scale above ₹1,000 crore per quarter sets a new baseline for the company, with the growth primarily driven by strong volume demand from major two-wheeler OEMs and an increased shift towards high-value advanced braking systems.
For the full financial year FY26, the company reported a 20.1% increase in consolidated PAT to ₹297.32 crore compared with ₹247.62 crore in FY25, while annual consolidated revenue from operations rose 16% YoY to ₹4,176.32 crore from ₹3,600.83 crore in the previous financial year. Consolidated PBT for FY26 increased 19.4% YoY to ₹390.93 crore from ₹327.37 crore in FY25. The company's board recommended a final dividend of ₹1.85 per equity share, or 92.5% on the face value of ₹2 per share for FY26, subject to shareholder approval at the upcoming AGM, according to exchange filings. The record date for determining shareholder eligibility is July 31, 2026, with dividend payment scheduled on or before September 5, 2026.
