ASK Automotive Earnings Call Transcripts
Fiscal Year 2026
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Q4 and FY 2026 saw robust revenue and profit growth, with all segments outperforming the industry and strong EBITDA margins despite aluminum price volatility. FY 2027 guidance is for mid-teens growth, with major CapEx and new product launches expected to drive performance.
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Q3 FY 2026 saw record revenue, EBITDA, and PAT, with strong growth across all product segments and improved margins. Capacity utilization and CapEx plans remain robust, while new product launches and green energy initiatives are on track for FY 2027.
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Q2 FY 2026 saw record revenue, EBITDA, and PAT, with strong growth across all segments and improved margins despite aluminum price inflation. Capex remains robust, new solar and alloy wheel projects are progressing, and mid-teens growth guidance is maintained.
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Q1 FY26 saw double-digit EBITDA and PAT growth, record margins, and strong performance across all segments despite muted industry growth. Guidance for mid-teens revenue growth and 13.7% EBITDA margin is maintained, with major CapEx and new JV initiatives underway.
Fiscal Year 2025
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Strong revenue and margin growth in FY 2025, with EBITDA margin at 12.3% and EPS up to INR 12.60. Exiting low-margin wheel assembly business will reduce revenue but boost margins in FY 2026. CapEx of INR 450 crore planned, with optimism for continued outperformance.
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Q3 and nine months FY 2025 saw strong revenue and profit growth, with record EBITDA margins and continued outperformance of the two-wheeler industry. Expansion projects and new subsidies supported results, while export growth was limited by weak European demand.
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Record revenue and profitability were achieved in Q2 and H1 FY25, with strong growth across all segments and sustained EBITDA margins above 12%. Expansion projects, including new plants and a JV, are on track, while export growth is expected to accelerate next year with a major new order.
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Q1 FY25 saw record revenue and profit, with 31% YoY revenue growth and 63% PAT growth, driven by strong performance in all segments and margin expansion. Exports are set to recover, and major CapEx projects are on track, supporting future growth.