ASK Automotive reports record Q2 FY26 revenue, EBITDA, and PAT

ASK Automotive Limited achieved its highest-ever revenue, EBITDA, and PAT in Q2 FY26. Consolidated revenue grew 8.5% year-on-year to INR 1059 Crore, with EBITDA increasing 19.5% to INR 142 Crore and PAT up 18.6% to INR 80 Crore. EBITDA margins improved by 124 basis points year-on-year, reaching 13.4%. Excluding the wheel assembly business, revenue growth was 16.6% year-on-year. The wheel assembly segment saw a strategic reduction of 53.6%.

For H1 FY26, consolidated revenue increased 6.1% year-on-year to INR 1954 Crore, with EBITDA rising 19.4% to INR 265 Crore and PAT growing 17.5% to INR 146 Crore. H1 FY26 EBITDA margins reached 13.6%, an improvement of 151 basis points year-on-year. This margin enhancement is attributed to higher volume-driven economies of scale, increased capacity utilization, and the strategic reduction in the low value-added wheel assembly business.

The company's product segment revenue for Q2 FY26 showed advanced braking systems growing 10% to INR 391 Crore, aluminium lightweighting precision solutions by 22% to INR 534 Crore, and safety control cables by 2% to INR 39 Crore. For H1 FY26, these segments grew 7% to INR 715 Crore, 19% to INR 982 Crore, and 4% to INR 72 Crore, respectively.