ASK Automotive Ltd

ASK Automotive Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

ASK Automotive Ltd

₹ 426 -2.73%
21 May 2:07 p.m.
askbrake.com BSE: 544022 NSE: ASKAUTOLTD
About

Incorporated in 1988, ASK Automotive Limited is a manufacturer of Advance Braking Systems for two-wheelers in India.[1]

Key Points

Market Leadership[1] Ask Automotive is the largest manufacturer of brake-shoe and advanced braking (AB) systems for two-wheelers in India. The company had a market share of 50% in FY24 in terms of production volume for OEMs and the branded independent aftermarket (IAM)

Website BSE NSE
  • Market Cap ₹ 8,399 Cr.
  • Current Price ₹ 426
  • High / Low ₹ 509 / 284
  • Stock P/E 33.9
  • Book Value ₹ 52.9
  • Dividend Yield 0.23 %
  • ROCE 27.6 %
  • ROE 26.6 %
  • Face Value ₹ 2.00
Edit ratios

Pros

  • Company has delivered good profit growth of 18.4% CAGR over last 5 years
  • Debtor days have improved from 25.3 to 19.8 days.

Cons

  • Stock is trading at 8.14 times its book value

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Auto Ancillaries Industry: Auto Ancillaries

Part of BSE SmallCap BSE Allcap BSE Consumer Discretionary Nifty Microcap 250 Nifty Total Market

Edit Columns
Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
746 637 569 657 794 762 783 862 974 915 850
665 582 521 593 719 682 700 762 857 804 746
Operating Profit 81 55 48 64 74 80 82 101 117 111 104
OPM % 11% 9% 8% 10% 9% 11% 11% 12% 12% 12% 12%
3 2 3 3 7 12 4 4 3 5 6
Interest 3 3 4 4 8 8 8 8 9 8 9
Depreciation 15 15 15 15 17 18 19 20 22 23 25
Profit before tax 67 39 32 48 57 66 60 76 89 86 76
Tax % 27% 25% 29% 27% 28% 24% 20% 25% 25% 23% 24%
49 29 23 35 41 50 48 57 67 66 58
EPS in Rs 2.47 1.48 1.14 1.77 2.09 2.53 2.42 2.88 3.41 3.34 2.92
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,785 1,645 1,544 2,013 2,555 2,995 3,601
1,559 1,436 1,362 1,847 2,325 2,694 3,169
Operating Profit 226 209 182 166 231 301 432
OPM % 13% 13% 12% 8% 9% 10% 12%
12 7 24 11 11 27 18
Interest 20 20 11 8 11 29 34
Depreciation 37 52 52 56 61 69 89
Profit before tax 181 144 143 113 170 230 327
Tax % 33% 18% 26% 27% 28% 24% 24%
114 107 106 83 123 174 248
EPS in Rs 25.58 21.03 5.22 4.11 6.24 8.81 12.56
Dividend Payout % 0% 2% 0% 0% 0% 11% 12%
Compounded Sales Growth
10 Years: %
5 Years: 17%
3 Years: 21%
TTM: 20%
Compounded Profit Growth
10 Years: %
5 Years: 18%
3 Years: 44%
TTM: 42%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 39%
Return on Equity
10 Years: %
5 Years: 21%
3 Years: 24%
Last Year: 27%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 9 10 41 40 39 39 39
Reserves 415 509 582 592 604 777 1,004
307 149 84 175 328 346 412
234 206 242 298 310 406 469
Total Liabilities 965 874 948 1,106 1,281 1,568 1,924
560 607 603 738 726 992 1,305
CWIP 61 16 10 3 118 64 65
Investments 19 16 3 0 4 20 0
326 235 332 365 433 492 555
Total Assets 965 874 948 1,106 1,281 1,568 1,924

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
176 246 128 144 139 303 360
-297 -58 -6 -80 -161 -278 -339
119 -186 -107 -81 23 -16 -14
Net Cash Flow -3 2 15 -17 1 10 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 33 16 37 36 30 26 20
Inventory Days 31 33 41 33 31 32 34
Days Payable 39 34 55 47 35 44 43
Cash Conversion Cycle 26 14 24 22 27 13 11
Working Capital Days 7 -3 22 17 20 12 9
ROCE % 23% 20% 16% 20% 24% 28%

Shareholding Pattern

Numbers in percentages

Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
85.00% 85.00% 85.00% 78.95% 78.95% 78.95%
4.92% 4.48% 4.91% 9.16% 9.91% 9.94%
3.83% 4.02% 4.20% 4.51% 4.66% 4.95%
6.25% 6.51% 5.87% 7.38% 6.47% 6.16%
No. of Shareholders 91,23888,34976,53281,90785,60081,492

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

DRHP

Credit ratings

Concalls