ASK Automotive Limited (ASKAUTOLTD) AI Stock Analysis

• Market Cap: ₹78.96B
• Dividend Yield: 0.5%
• Average Volume (3M): 25.34K
• Price to Earnings (P/E): 28.9
• Beta (1Y): 1.50
• Revenue Growth: 9.75%
• EPS Growth: 21.44%
• Country: IN
• Employees: 1,645
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Auto - Parts
• EPS (TTM): 4.10
• Shares Outstanding: 197,142,600
• 10 Day Avg. Volume: 17,356
• 30 Day Avg. Volume: 25,345
• PEG Ratio: 0.84
• Price to Book (P/B): 8.49
• Price to Sales (P/S): 2.46
• P/FCF Ratio: 609.29
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 15.35
• Revenue Forecast (FY): ₹40.04B

• Rating: 69 Neutral
• Price Target: ₹439.00 ▼(-7.42% Downside)
• Action: Reiterated Date: 11/01/25
• Date: Action: Reiterated 11/01/25

ASK Automotive Limited's overall stock score is driven by strong financial performance, characterized by robust revenue growth and effective cash flow management. However, technical analysis indicates potential bearish momentum, and the valuation suggests the stock is fairly valued. Attention to increasing liabilities and high capital expenditures is necessary to maintain financial stability.

Positive Factors

Sustained Revenue Growth

ASK Automotive's multi-year revenue expansion more than doubles reported top-line between 2021 and 2025, indicating durable OEM contract wins, broader platform penetration and scale. Persistent revenue growth supports long-term investment, supplier negotiating power and product development for fitted components.

Improving Cash Generation

Recovery to positive free cash flow and strong operating cash conversion point to sustainable cash generation from core OEM supply operations. This enhances the company's ability to fund capex organically, reduce reliance on external financing and maintain supplier/customer commitments over the medium term.

Solid Capital Structure

A strengthened equity ratio and a manageable debt-to-equity profile provide financial resilience. Combined with a strong return on equity, this capital structure supports continued capacity investment, cushions cyclical auto demand swings and preserves strategic flexibility for long-term OEM partnerships.

Negative Factors

Rising Liabilities

An increase in total debt and liabilities raises refinancing and interest-rate exposure risk over time. If liabilities grow faster than operating cash flow, the company may face tighter coverage ratios, constrained financial flexibility and higher financing costs that could limit investment or dividend capacity.

High Capital Expenditure

Sustained high capex requirements for manufacturing scale and new platform fitments can pressure free cash flow and prolong payback periods. If demand softens or new programs are delayed, persistent capex could erode liquidity and force additional external funding, increasing financial risk over the medium term.

Operating Margin Volatility

Volatile EBIT margins indicate periodic operational or cost-pass-through challenges, reducing earnings predictability. For an OEM supplier with tight pricing power, margin swings can reflect raw material, mix or utilization issues that, if sustained, weaken cash flow consistency and return profiles.

ASK Automotive Limited Business Overview & Revenue Model

Company Description

ASK Automotive Limited, through its subsidiary, manufactures and sells auto components for the automobiles industry in India. The company offers advanced braking systems, such as brake panel assemblies, brake shoes, disc brake pads, clutch plates and shoes, and brake liners; and aluminum lightweighting precision solutions for two and four-wheeler, and electric vehicles. It also provides safety control cables comprising front and brake cable, clutch cable, throttle cable, speedometer cable, and starter cable/choke cable assemblies. The company serves original equipment manufacturers. ASK Automotive Limited was incorporated in 1988 and is based in Gurugram, India.

How the Company Makes Money

ASK Automotive Limited generates revenue through multiple key streams, including the sale of automotive components and systems to manufacturers and aftermarket service providers. The company capitalizes on long-term contracts with major automotive clients, ensuring a steady income from bulk orders. Additionally, ASKUTOLTD invests in research and development to create cutting-edge technologies that cater to the evolving demands of the automotive industry, thus enhancing its product offerings and market competitiveness. Strategic partnerships with technology firms and participation in industry collaborations further bolster its revenue potential by expanding its market reach and enabling access to new customer segments.

ASK Automotive Limited Financial Statement Overview

Summary

ASK Automotive Limited demonstrates strong financial health with robust revenue growth and improved profitability. The balance sheet reflects a solid equity base, though increasing liabilities need attention. Cash flow management is effective, but high capital expenditures require monitoring.

Income Statement

ASK Automotive Limited demonstrates strong revenue growth and improving profitability. Over the past years, revenue grew significantly from ₹15,420 crore in 2021 to ₹36,008 crore in 2025, showing robust expansion. The gross profit margin improved notably, indicating efficient cost management. However, the EBIT margin shows some volatility, which may suggest operational efficiency challenges. Overall, the company's net profit margin is healthy, enhancing its financial stability.

Balance Sheet

The balance sheet of ASK Automotive reflects a healthy equity base with a solid debt-to-equity ratio, which remains manageable. The equity ratio improved, underscoring a strong capital structure. While total debt has increased, the company's return on equity remains strong, evidencing effective use of equity capital. Nonetheless, increasing liabilities could pose a risk if not managed carefully.

Cash Flow

Cash flow analysis indicates positive trends, with free cash flow recovering from negative values to positive in the current period. Operating cash flow consistently supports the company's net income, suggesting solid cash conversion. The free cash flow to net income ratio has improved, highlighting better cash flow management. However, capital expenditure remains high, which needs monitoring to ensure sustainable cash flow generation.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	36.30B	36.01B	29.90B	25.53B	20.11B	15.42B
Gross Profit	10.65B	11.73B	3.16B	2.48B	1.68B	1.81B
EBITDA	4.61B	4.32B	3.11B	2.48B	1.82B	2.10B
Net Income	2.57B	2.48B	1.74B	1.23B	826.59M	1.06B
Balance Sheet
Total Assets	0.00	19.24B	15.68B	12.81B	11.06B	9.48B
Cash, Cash Equivalents and Short-Term Investments	197.90M	201.80M	126.53M	23.77M	15.67M	185.27M
Total Debt	0.00	4.12B	3.46B	3.28B	1.75B	841.69M
Total Liabilities	-10.43B	8.81B	7.52B	6.37B	4.74B	3.26B
Stockholders Equity	10.43B	10.43B	8.17B	6.44B	6.32B	6.22B
Cash Flow
Free Cash Flow	0.00	145.30M	184.50M	-278.06M	533.69M	719.26M
Operating Cash Flow	0.00	3.60B	3.03B	1.39B	1.44B	1.19B
Investing Cash Flow	0.00	-3.39B	-2.78B	-1.61B	-799.63M	-82.17M
Financing Cash Flow	0.00	-136.20M	-155.45M	232.06M	-814.79M	-960.42M

ASK Automotive Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 474.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASKAUTOLTD, the sentiment is Negative. The current price of 474.2 is above the 20-day moving average (MA) of 438.94, above the 50-day MA of 454.20, and below the 200-day MA of 480.94, indicating a bearish trend. The MACD of -10.47 indicates Positive momentum. The RSI at 25.38 is Positive, neither overbought nor oversold. The STOCH value of 12.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ASKAUTOLTD.

ASK Automotive Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PRICOLLTD	71 Outperform	₹71.19B	34.50	―	0.32%	35.16%	14.52%
ASKAUTOLTD	69 Neutral	₹78.96B	28.89	―	0.50%	9.75%	21.44%
NDRAUTO	63 Neutral	₹17.56B	29.86	―	0.33%	13.68%	33.44%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
REDTAPE	61 Neutral	₹64.21B	30.71	―	0.60%	7.29%	14.72%
SUBROS	60 Neutral	₹49.26B	31.75	―	0.30%	8.91%	24.72%

ASK Automotive Limited Corporate Events

ASK Automotive Publishes Unaudited Q3 and Nine-Month FY2025 Results

ASK Automotive Limited has announced that its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, were reviewed by its audit committee and approved by the board on January 28, 2026. The company has published these results via newspaper advertisements in Financial Express and Jansatta and made the detailed financial statements and limited review report available on the websites of the BSE, NSE, and the company, enhancing regulatory compliance and transparency for investors and other stakeholders.

ASK Automotive Clears Q3 FY26 Results, Renews Tenures of Four Independent Directors

ASK Automotive Limited’s board has approved the company’s standalone and consolidated unaudited financial results for the quarter and nine months ended 31 December 2025, along with the statutory auditors’ limited review reports, underscoring ongoing regulatory compliance and transparency for investors. The board also cleared, subject to shareholder approval, second three-year terms for four non-executive independent directors – Deepti Sehgal, Kumaresh Chandra Misra, Vinay Kumar Piparsania and Yogesh Kapur – signalling a deliberate move to maintain continuity and preserve a depth of expertise spanning consulting, government administration, global automotive operations and investment banking on its board.

ASK Automotive Clears Q3 FY26 Results, Extends Tenure of Four Independent Directors

ASK Automotive Limited’s board has approved the standalone and consolidated unaudited financial results for the quarter and nine months ended 31 December 2025, together with the statutory auditors’ limited review report, reinforcing its regular financial reporting cadence as a newly listed automotive components player. The board also cleared the re-appointment of four independent directors – Deepti Sehgal, Kumaresh Chandra Misra, Vinay Kumar Piparsania and Yogesh Kapur – for fresh three-year terms starting April and May 2026, subject to shareholder approval, a move that signals continuity in governance and draws on their diverse experience in consulting, public administration, global automotive operations and investment banking to support the company’s strategic direction.