ASK Automotive Ltd
ASK Automotive Ltd Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q3 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
ASK Automotive is optimistic about future growth in Q4 FY26 and FY27, expecting a "very bright" outlook. The company is optimistic about a bright Q4 and a good next year, indicating positive future growth expectations.
From ASK Automotive Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- ASK Automotive is optimistic about future growth in Q4 FY26 and FY27, expecting a "very bright" outlook.
- The company anticipates mid-teen percentage growth in sales/volumes, consistently outgrowing the two-wheeler industry growth of around 8.8%.
- Growth is supported by GST 2.0 reforms reducing GST on products from 28% to 18%, boosting aftermarket demand and market share.
- Rising rural incomes and improved consumer purchasing power due to tax reforms and liquidity enhancements are expected to sustain demand.
- New product launches like sunroof cables and alloy wheels are slated to begin commercial production in H2 FY27, adding to revenue growth.
- The company is bullish on two-wheeler sector growth continuing beyond FY26, expecting stable macroeconomic conditions to favor sustained growth.
- EBITDA margins may see a slight impact due to aluminum price inflation but absolute EBITDA is expected to remain steady.
Profitability & Margins
See what ASK Automotive Ltd said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- FY26 CAPEX planned at Rs. 500 crore, up from initial Rs. 450 crore due to an additional Rs. 40 crore for a solar power plant.
- The 9.9 MW solar plant at Sirsa, Haryana became operational in April 2025.
- A new 11.55 MW captive solar power plant is under setup at Rajasthan, expected operational by Q1 FY27, with no extra incremental CAPEX due to prior ordering before solar price increases.
- FY27 CAPEX is planned to be lower, targeted around Rs. 400 crore.
- Investments include capacity expansion for brake shoes and pads to 32 crore units.
- New product launches and capacity ramp-ups at Bangalore and Rajasthan plants are part of strategic investment plans.
- The focus on green energy reflects a strategic direction with solar power infrastructure projects.
Top-ranked in Auto Components
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what ASK Automotive Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- No specific, detailed figures on the current or expected orderbook or pending orders are disclosed in the transcript.
- The company mentions ongoing testing and pending customer approvals for new products such as the Taiwan joint venture and Sunroof Cable JV, expected to start supply in H2 FY27.
- The Wheel Assembly business is expected to be phased out by March end as assured by the customer.
- New Alloy Wheel collaborations (with Japanese and Taiwan partners) are in testing and expected to launch in H2 FY27.
- The company is optimistic about strong order pipelines, with robust projections from OEMs for Q4 and FY27.
- The exports to Ford have already started but are facing uncertainties due to tariffs; ramp-up expected in FY27.
- The AISIN JV is ramping up with aftermarket dealer appointments expected to break even by Q1 FY27.
ASK Automotive Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹1.1K Cr, net profit ₹72 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
Full financials →Continue your research
What ASK Automotive Ltd's management said in earlier quarters
Others in Auto Components this season
- Steel Strips Wheels Ltd (Q3 FY26)
6,000 crores from existing assets. Key concall takeaways from Steel Str. Wheel's Q3 FY26 earnings call — and how it ranks against sector peers.
- Amara Raja Energy & Mobility Ltd (Q3 FY26)
OEM business showing strong growth (~25% this quarter), aftermarket growth to reflect OEM growth in about 3 years. Key concall takeaways from Amara Raja Energy…
- Sundram Fasteners Ltd (Q3 FY26)
Domestic segment growth is robust, with 18% growth reported in the recent quarter, driven by OE and aftermarket. Key concall takeaways from Sundram Fasteners…
- Ramkrishna Forgings Ltd (Q3 FY26)
2,000 crores annual revenue potential from passenger segment bogie assemblies. Key concall takeaways from Ramkrishna Forgings Ltd's Q3 FY26 earnings call — and…
Frequently Asked Questions
What were ASK Automotive Ltd Q3 FY26 results?
ASK Automotive is optimistic about future growth in Q4 FY26 and FY27, expecting a "very bright" outlook. The company is optimistic about a bright Q4 and a good next year, indicating positive future growth expectations.
What is ASK Automotive Ltd share price analysis?
ASK Automotive Ltd currently shows a neutral. The stock trades at a P/E of 39.7 with a market cap of ₹12,569 Cr. Investors should review the full earnings analysis for detailed insights.
Is ASK Automotive Ltd planning capital expenditure?
FY26 CAPEX planned at Rs.
Keep ASK Automotive Ltd on your radar — track it to get its next earnings analysis in your feed.
This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.