ASK Automotive logo

ASK Automotive share price

NSE: ASKAUTOLTDBSE: 544022Auto ComponentsSmall Cap

ASK Automotive Limited · Face value ₹2 · Listed Nov 2023 · Issue price ₹282
Last close ₹566.30down ₹14.80 (2.55%)BSE ₹567.50

Share price at the NSE close on 30 Oct 2026. Previous close ₹581.10.

30 Oct: open ₹581.05, high ₹581.05, low ₹560.10

52-week range of traded prices to 30 Oct 2026
₹375.30Low, 9 Mar 2026₹687.70High, 6 Aug 2026
Market cap
₹11,164 Cr596th largest listed
P/E
35.29
P/B
8.52
Dividend yield
0.33%
ROE
26.9%
ROCE
23.0%
Debt to equity
0.50
Volume, NSE
91,30748.7% delivered

ASK Automotive share price chart

Daily closes since Nov 2023, adjusted for splits and bonuses

+12.8%over a year

Results20-session average 1,66,303 shares a day, 45.7% delivered

About ASK Automotive

ASK Automotive Limited is an Indian maker of auto components, with business segments in advanced braking systems, aluminium lightweighting precision solutions (die-cast aluminium parts) and safety control cables.1 It sells mainly to vehicle makers, and also to customers abroad and through dealers in India's independent aftermarket (the replacement-parts market).2 Its aluminium parts go into combustion-engine and electric two-wheelers, passenger vehicles and commercial vehicles, and into non-automotive products.3

It was incorporated in 1988.4 It began manufacturing in 1989 at its first plant in Gurugram, Haryana, supplying two-wheeler brake shoes to vehicle makers.5 Its shares were listed on the BSE and the NSE in 2023.6 It has 5 technical collaborations and 3 joint ventures (companies owned with a partner), with partners including NUCAP of Canada, HSH Safety Control Cable and LIOHO of Taiwan, Kyushu Yanagawa Seiki and AISIN of Japan, Fras-le of Brazil and T.D. Holding of Germany.78 The joint ventures make commercial-vehicle brake liners and pads with Fras-Le, sell passenger-car aftermarket parts with AISIN group companies, and make passenger-vehicle sunroof and helix cables with T.D. Holding.9 ASK Automobiles Private Limited is its wholly owned subsidiary.10

Its promoters include Kuldip Singh Rathee, Chairman and Managing Director, and Vijay Rathee, a non-executive director; Prashant Rathee and Aman Rathee are Joint Managing Directors.10114 In the year to Mar 2026, Kuldip Singh Rathee sold 4% of the company's shares to meet the minimum public shareholding rule (a listed company must have a set share held by the public).10

ASK Automotive key points

Results

  • In the quarter to Jun 2026, consolidated revenue rose 52.1% to ₹1,358.1 crore from ₹891.3 crore. EBITDA (earnings before interest, tax, depreciation and amortisation) rose 32.7% to ₹164 crore and profit after tax 28.8% to ₹85 crore, the company's highest for any quarter.1213
  • Excluding higher alloy prices passed on to customers (33.4%) and its wheel assembly exit (6.6%), the company puts net revenue growth for the quarter to Jun 2026 at 25.3%. It says the rise in aluminium prices pulled its EBITDA margin down to 12.0%.1415
  • In the year to Mar 2026, consolidated revenue from operations was ₹4,176.32 crore, against ₹3,600.83 crore a year earlier, and profit after tax ₹297.32 crore, against ₹247.62 crore.16
  • In the year to Mar 2026, consolidated EBITDA rose 24.1% to ₹551 crore, a margin of 13.1% of total income.1718

Market position

  • The company says it is the largest maker of two-wheeler advanced braking systems in India, with about 50% of that market.1920

Business segments

  • Share of revenue by segment21
    Itemquarter to Jun 2026quarter to Jun 2025
    Aluminium Lightweighting Precision Solutions57.7%50.3%
    Advanced Braking Systems35.5%36.4%
    Safety Control Cables2.9%3.7%
    Others3.9%4.3%
    Wheel assembly0.0%5.3%
  • Aluminium Lightweighting Precision Solutions. Makes aluminium parts by high-pressure die casting (molten metal forced into moulds), such as battery pack and motor housings. Its revenue rose 75% to ₹784 crore in the quarter to Jun 2026, from ₹449 crore.2223
  • Advanced Braking Systems. Makes brake shoes, disc brake pads and brake panel assemblies, drawing on 52 proprietary friction formulations. Its revenue rose 48% to ₹482 crore in the quarter to Jun 2026, from ₹325 crore.2425
  • Safety Control Cables. Makes brake, throttle, clutch and speedometer cables. Its revenue rose 20% to ₹39 crore in the quarter to Jun 2026, from ₹33 crore.2627

Revenue mix

  • Share of revenue by customer group282930
    Itemquarter to Jun 2026quarter to Jun 2025
    Two-wheeler makers, combustion engine74.6%67.6%
    Two-wheeler makers, electric5.7%5.1%
    Independent aftermarket7.0%9.6%
    Passenger vehicles3.5%3.5%
    Exports2.9%3.7%
    Others6.3%5.2%
    Wheel assembly0.0%5.3%
    Named customers include Hero MotoCorp, Maruti, TVS and Polaris Inc.

Plants and capacity

  • Manufacturing facilities by location3132
    Itemquarter to Jun 2026
    Gurugram and Manesar, Haryana9, plus 1 joint-venture plant
    Bengaluru, Karnataka3 (2 of a wholly owned subsidiary)
    Haridwar, Uttarakhand2
    Karoli, Rajasthan1 (wholly owned subsidiary)
    Ahmedabad, Gujarat1
    Baddi, Himachal Pradesh1
    The annual report's list of 18 facilities includes a Manesar plant closed from 1 Apr 2026.
  • As of its annual report of 10 Jul 2026, 3 more plants, including 1 joint-venture plant, were being installed for operation by Mar 2027.33
  • On its earnings call of 5 Aug 2026, the company said its Karoli plant ran at about 75% of installed capacity, against 60% to 65% a quarter earlier.34

Expansion and capital spending

  • On its earnings call of 5 Aug 2026, the company said capital spending in the year to Mar 2027 may reach about ₹700 crore, against ₹450 crore to ₹500 crore guided earlier, including a new Bengaluru plant.35
  • The company said it plans to fund its capital spending from internal accruals (retained profits) and term loans, and expects its debt to equity ratio (borrowings to shareholders' funds) not to exceed 0.5.3637
  • The company has begun supplying die-cast alloy wheels from its Karoli plant to a Japanese customer, using technology from Kyushu Yanagawa Seiki of Japan.38

What the company expects

  • On its earnings call of 5 Aug 2026, the company said it expects high-teens percentage revenue growth in the year to Mar 2027, up from mid-teens.3940
  • On its earnings call of 5 Aug 2026, the company said it expects exports to rise 20% in the year to Mar 2027. Separately, it said exports to Ford Motors would be about ₹40 crore to ₹45 crore that year.4142
  • On its earnings call of 5 Aug 2026, the company said, on alloy wheels, it had confirmed orders of about ₹70 crore to ₹90 crore for the year to Mar 2027, subject to customer ramp-up, and about ₹250 crore for the year to Mar 2028.43

Recent events

  • On 21 Sep 2026 the company agreed a ₹100 crore loan to its wholly owned subsidiary ASK Automobiles Private Limited at the repo rate (the RBI's policy rate) plus 2.50%. Its loans to the subsidiary stood at ₹489.84 crore on the filing date.44
  • On 5 Sep 2026 its joint venture ASK GTD Control Cables Private Limited began commercial production and supply at its plant in Karoli, Rajasthan.45
  • On 28 Jan 2026 the board approved 2 Rajasthan plants adding 6 crore brake shoes and disc brake pads a year to capacity of 26 crore, then about 90% used, due in the quarter to Jun 2026; the company's documents give no outcome.46

Last updated

All 46 sources, each with its page
  1. 1. Investor presentation, 4 Aug 2026, page 5
  2. 2. Annual report, 10 Jul 2026, page 114
  3. 3. Annual report, 10 Jul 2026, page 18
  4. 4. Annual report, 10 Jul 2026, page 53
  5. 5. Annual report, 10 Jul 2026, page 9
  6. 6. Annual report, 10 Jul 2026, page 10
  7. 7. Annual report, 10 Jul 2026, page 62
  8. 8. Annual report, 10 Jul 2026, page 23
  9. 9. Annual report, 10 Jul 2026, page 76
  10. 10. Annual report, 10 Jul 2026, page 67
  11. 11. Annual report, 10 Jul 2026, page 48
  12. 12. Investor presentation, 4 Aug 2026, page 22
  13. 13. Earnings call, 5 Aug 2026, page 4
  14. 14. Investor presentation, 4 Aug 2026, page 6
  15. 15. Investor presentation, 4 Aug 2026, page 7
  16. 16. Annual report, 10 Jul 2026, page 66
  17. 17. Annual report, 10 Jul 2026, page 22
  18. 18. Annual report, 10 Jul 2026, page 64
  19. 19. Annual report, 10 Jul 2026, page 61
  20. 20. Annual report, 10 Jul 2026, page 8
  21. 21. Investor presentation, 4 Aug 2026, page 8
  22. 22. Annual report, 10 Jul 2026, page 18
  23. 23. Investor presentation, 4 Aug 2026, page 9
  24. 24. Annual report, 10 Jul 2026, page 16
  25. 25. Investor presentation, 4 Aug 2026, page 9
  26. 26. Annual report, 10 Jul 2026, page 20
  27. 27. Investor presentation, 4 Aug 2026, page 9
  28. 28. Investor presentation, 4 Aug 2026, page 8
  29. 29. Investor presentation, 4 Aug 2026, page 13
  30. 30. Investor presentation, 4 Aug 2026, page 14
  31. 31. Investor presentation, 4 Aug 2026, page 18
  32. 32. Annual report, 10 Jul 2026, page 103
  33. 33. Annual report, 10 Jul 2026, page 61
  34. 34. Earnings call, 5 Aug 2026, page 6
  35. 35. Earnings call, 5 Aug 2026, page 6
  36. 36. Earnings call, 5 Aug 2026, page 10
  37. 37. Earnings call, 5 Aug 2026, page 8
  38. 38. Investor presentation, 4 Aug 2026, page 11
  39. 39. Earnings call, 5 Aug 2026, page 5
  40. 40. Earnings call, 5 Aug 2026, page 12
  41. 41. Earnings call, 5 Aug 2026, page 11
  42. 42. Earnings call, 5 Aug 2026, page 5
  43. 43. Earnings call, 5 Aug 2026, page 5
  44. 44. Exchange filing, 21 Sep 2026, page 2
  45. 45. Exchange filing, 5 Sep 2026, page 1
  46. 46. Exchange filing, 28 Jan 2026, page 1

Results

Consolidated; ₹ crore.ASK Automotive quarterly results

Revenue growth, 12 months
+27.9%
Net profit growth, 12 months
+23.2%

Quarter to Jun 2026, against the quarter before

Revenue
₹1,358 Crup 18.39%
Net profit
₹85 Crup 18.98%
Net margin
6.3%

Revenue by quarter

₹974 CrSep 24₹915 CrDec 24₹850 CrMar 25₹891 CrJun 25₹1,054 CrSep 25₹1,084 CrDec 25₹1,147 CrMar 26₹1,358 CrJun 26
Peak revenue ₹1,358 Cr, quarter to Jun 2026; lowest ₹850 Cr, quarter to Mar 2025

Net profit by quarter, a loss in red

₹67 CrSep 24₹66 CrDec 24₹58 CrMar 25₹66 CrJun 25₹80 CrSep 25₹80 CrDec 25₹72 CrMar 26₹85 CrJun 26
₹ croreSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Revenue9749158508911,0541,0841,1471,358
Net profit6766586680807285
Net margin6.9%7.2%6.8%7.4%7.6%7.4%6.2%6.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, Manufacturing of Auto Components, which carries all its revenue.

Valuation

Today, against the company's own history.ASK Automotive PE ratio and valuation

Price to earnings

At or below today's level on 38% of 601 trading days since May 2024.

LowestHighest
Its median36.65Industry median23.22
Price to book

At or below today's level on 46% of 713 trading days since Dec 2023.

LowestHighest
Its median8.69Industry median2.57
Dividend yield

At or below today's level on 85% of 722 trading days since Nov 2023.

LowestHighest
Its median0.24%Industry median0.62%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+0.2%+20.1%−16.9%0.4%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Shareholding

Per cent of the company's shares, from the filing for Sep 2026.ASK Automotive shareholding pattern

Shareholding by group

  • Promoters74.95%
  • Foreign institutions9.91%
  • Indian institutions11.14%
  • Individuals and others4.00%
Holder
Vijay RatheePromoter34.97%
Kuldip Singh RatheePromoter30.18%
Aman RatheePromoter4.90%
Prashant RatheePromoter4.90%
SBI LIFE INSURANCE CO. LTDInsurance companies2.89%
GOLDMAN SACHS FUNDS - GOLDMAN SACHS INDIA EQUITY PORTFOLIOForeign portfolio investors, category I1.84%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Since Jun 2026: promoters unchanged, foreign institutions +0.41 pts, Indian institutions +0.17 pts, mutual funds +0.36 pts.

Mutual fund holdings

12 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 1 of the 4 funds that added or cut is an index fund, an ETF or an arbitrage fund: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.All 12 funds holding ASK Automotive

Added
2
Cut
2
Held unchanged
8
Sold out
6
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Promoter and insider buying and selling

Trades made since 30 Oct 2025.ASK Automotive insider trading

No promoter, director, key manager or employee bought or sold on the market.

  • Promoters and promoter group: no market trade · 1 off-market move
Bought and sold count trades on the market only. A pledge is shares given to a lender as security for a loan; a lender invokes it by selling them.

ASK Automotive competitors and peers

Auto Components & Equipments, 155 listed companies, priced on 30 Oct 2026. The table lists the 8 companies closest to ASK Automotive in market cap.Automobile companies

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
CIE Automotive India logoCIE Automotive IndiaCIEINDIA13,38414.351.73+12.4%+15.3%12.7%13.6%1.98%
Amara Raja Energy & Mobility logoAmara Raja Energy & MobilityARE&M12,57113.641.55+12.7%+7.2%11.9%10.9%1.54%
Ramkrishna Forgings logoRamkrishna ForgingsRKFORGE12,005112.313.65+8.5%–3.4%6.4%0.15%
Varroc Engineering logoVarroc EngineeringVARROC11,70659.356.58+14.7%+47.3%11.8%20.4%0.20%
JBM Auto logoJBM AutoJBMA11,06048.056.83+15.9%+10.5%15.2%13.0%0.18%
Banco Products (I) logoBanco Products (I)BANCOINDIA8,20616.594.87+21.6%+14.3%33.1%26.9%4.01%
Pricol logoPricolPRICOLLTD7,85029.306.26+43.3%+56.4%23.6%23.0%0.31%
Steel Strips Wheels logoSteel Strips WheelsSSWL7,76326.423.91+32.8%+53.7%15.9%18.0%0.61%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.ASK Automotive dividend history

Dividend per share, ₹, restated for later splits and bonuses

1Mar 241.5Mar 251.9Mar 26
Highest ₹1.85 a share, year to Mar 2026.
Ex-dateTypePer share
31 Jul 2026Final₹1.85
18 Jul 2025Final₹1.50
9 Aug 2024Final₹1.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.ASK Automotive announcements

ASK Automotive share price by year

Each calendar year to 2025.ASK Automotive share price history

YearClose at year endChangeHighest closeLowest close
2025478.65+0.7%572.50340.35
2024475.55+63.7%502.90243.55
2023290.50–313.85276.35
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2023 is from its first session, 15 Nov 2023.

Recent sessions

The 9 trading days to 29 Oct 2026, as traded on NSE; the latest is at the top of the page.

DateOpenHighLowCloseAverage priceVolumeDelivery
29 Oct 2026587.80588.10578.20581.10582.1133,61753.2%
28 Oct 2026577.90592.00567.50587.15585.301,04,57939.7%
27 Oct 2026565.00581.20559.50575.05575.8178,68433.1%
26 Oct 2026547.10566.95542.85561.85557.921,54,13344.8%
23 Oct 2026550.00559.00527.80550.75542.832,90,79730.1%
22 Oct 2026552.65558.90542.10548.15550.6395,78241.3%
21 Oct 2026555.80568.00549.35552.65556.351,46,08848.9%
19 Oct 2026580.00585.70561.50566.65569.263,36,27651.4%
16 Oct 2026602.00609.15586.00588.00593.031,07,10360.5%
Prices in ₹ per share as traded, not adjusted.

Company details

Chairperson and managing director
Kuldip Singh Rathee
At the end of the quarter to Sep 2026
Managing director
Prashant Rathee
At the end of the quarter to Sep 2026
Managing director
Aman Rathee
At the end of the quarter to Sep 2026
NSE symbol
ASKAUTOLTD
BSE code
544022
ISIN
INE491J01022
Industry
Auto Components
CIN
L34300DL1988PLC030342
Corporate identity number, the registrar of companies' code for it
Incorporated
1988
Registered office
Flat No. 104, 929/1, Naiwala, Faiz Road Karol Bagh, New Delhi 110005, Delhi
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments