ASK Automotive Limited (NSE: ASKAUTOLTD) has reported its financial results for the second quarter and half year ended 30th September, 2026, marking a significant milestone with the highest ever quarterly revenue, EBITDA, and PAT. The company, India’s largest brake shoe and Advanced Braking Systems manufacturer for two-wheelers, showcased a robust performance with consolidated revenue growth of +47.5% reaching Rs. 1561 Crores.

Quarterly Highlights

The Q2 FY27 results highlight the company’s strong performance in both revenue and profitability. Key financial highlights include:

• EBITDA: Rs. 185 Crores with 30.0% year-on-year growth.
• PAT: Rs. 102 Crores with +27.3% year-on-year growth.
• EPS: Rs. 5.15 against Rs. 4.05 in the same period last year, up +27.3% year-on-year.

Revenue Growth and Segment Performance

ASK Automotive Limited demonstrated impressive growth across various segments:

• Advanced Braking Systems: Revenue grew by +46% year-on-year.
• Aluminum Light Weighting Precision Solutions: Revenue increased by +69% year-on-year.
• Safety Control Cables: Revenue rose by +33% year-on-year.
• Export Revenue: Export revenue surged by +133.3% year-on-year to Rs. 70 Crores.

The company’s strategic initiatives, including the reduction in Wheel Assembly business and the pass-through impact of significant increase in Alloy Prices, contributed to the overall net revenue growth of +29.5% year-on-year.

ASK Automotive Limited’s Chairman and Managing Director, Mr. Kuldip Singh Rathee, commented on the results, “I am delighted to share with you that we had a strong performance in the second quarter in both revenue and profitability. This is the 12th consecutive quarter of robust performance by us since listing of the Company.”

With continued focus on expanding value-added businesses, improving production capacities, and bringing cost efficiencies, ASK Automotive Limited aims to maintain its growth momentum and enhance shareholder value.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of ASK Automotive Limited

ASK Automotive Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.

ASK posts a 22.0% three-month gain, but softens in the last few weeks. Thin margins at 6.8% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The business compounds revenue at 17.3% and profits at 34.2% CAGR. That is strong double-digit growth on both counts. The stock gives back 4.8% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 17.3% and profits at 34.2%. The business is in good shape. Moreover, a stock that does not move despite strong fundamentals often offers better value than one already priced for perfection. Check Fundamentals of ASK Automotive Limited.

TVS Srichakra Limited, makers of Eurogrip Tyres, has announced the launch of ‘Torq Challenge 4.0’, a national case study competition, alongside the ‘Creator Challenge’. The initiative invites participants to apply their problem-solving skills and creativity while competing for attractive rewards.

Torq Challenge 4.0

Torq Challenge 4.0 is designed for MBA and engineering students, giving them the opportunity to address a real-world business challenge and present solutions that demonstrate strategic thinking and analytical ability. The competition offers a cash prize pool of ₹3 lakh, along with opportunities for Pre-Placement Interviews (PPIs) at Eurogrip for eligible or shortlisted participants.

Creator Challenge

The Creator Challenge is an opportunity for participants aged 18 years and above to showcase their creativity and content creation skills. Participants can compete for Amazon gift vouchers with a combined value of more than ₹1 lakh, providing emerging creators with an opportunity to showcase their ideas and creative abilities.

The initiative also includes a Treasure Hunt and social-media challenges, giving participants additional opportunities to engage and win rewards. Entries will be evaluated by an expert jury based on originality, content quality, craftsmanship, and engagement. Registrations are now open for students and creators who are invited to showcase their skills and compete for recognition and rewards.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of TVS Srichakra Limited

TVS Srichakra Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.

TVS posts a 4.5% three-month gain, but softens in the last few weeks. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Revenue contracts at 6.8% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 8.0% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 6.8% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of TVS Srichakra Limited.

Jay Bharat Maruti Limited (JAYBARMARU) has announced its financial results for Q2 FY’27, showcasing a robust performance with a 72.59% increase in Profit After Tax (PAT) and a 41.97% rise in total income. The company’s total income for the quarter stood at ₹828.68 crore, up from ₹583.69 crore in the same period last year. The significant jump in PAT is primarily attributed to a lower tax rate following the adoption of the new tax regime, which reduced the effective tax rate to 25.17% from 34.94%.

Key Financial Highlights

The company’s Earnings Before Interest, Tax, Depreciation, and Amortization (EBITDA) increased by 28.07% to ₹79.96 crore. EBIT also saw a substantial growth of 37.26% to ₹52.60 crore. The Positive Factors contributing to this growth include higher Maruti Suzuki India (MSIL) volumes leading to improved capacity utilization and operating performance, as well as stable finance costs despite the expansion of new plants.

Comparative Analysis

Comparing Q2 FY’27 with Q2 FY’26, the company’s total income grew by 41.97%, EBITDA increased by 28.07%, EBIT rose by 37.26%, Profit Before Tax (PBT) climbed by 46.79%, and PAT surged by 72.59%. The financial analysis indicates that the improved realization due to the product mix and steps taken for renewable energy to minimize energy costs were key contributors to the margin movement. However, adverse commodity prices due to the West Asia conflict and an increase in employee costs due to the hike in Haryana Minimum Wages posed challenges.

Looking ahead, Jay Bharat Maruti Limited remains optimistic about its future growth trajectory, focusing on expanding its capacity and optimizing operational efficiencies to sustain its upward financial trend.

Source: NSE Corporate Announcement

Fundamental & Technical Analysis of Jay Bharat Maruti Limited

Jay Bharat Maruti Limited belongs to the Consumer Cyclical › Auto Parts sector. Here’s a quick read on where the business and the stock stand today.

Jay falls 29.4% over three months and has not found a floor yet. The PEG of 0.17 is extremely low. Either the market misses the growth story, or there is a catch worth investigating. Thin margins at 5.3% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The stock gains 6.7% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. Revenue grows at 1.3% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Jay Bharat Maruti Limited.