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Incorporated in 1988, ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India.
ASK Automotive announced record Q1 FY27 results. Revenue surged 52.1% to ₹1361 Cr, with PAT up 28.8% to ₹85 Cr. Net revenue grew 25.3% after adjustments. New products from technical collaboration and operational efficiencies are driving strong growth, outperforming the 2W industry.
ASK Automotive has begun commercial production of High Pressure Die Casted Alloy Wheels for Two-Wheelers. This operational milestone expands its manufacturing capabilities and could drive future growth.
ASK Automotive received a tax order disallowing its appeal for a Rs. 1.07 Cr demand (GST, interest, penalty). The company deems the demand unmaintainable and will appeal. No material financial or operational impact is expected.
ASK Automotive has informed shareholders about its 38th Annual General Meeting (AGM) and the Annual Report for FY2025-26. The report is accessible online, and shareholders without registered emails received postal notices with the web link.
Mr. Kumaresh Chandra Misra, Independent Director (DIN:00388546) of the Company hasbeen appointed as an Independent Director on the Board of ASK Automobiles Private Limited, Unlisted Material Subsidiary