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ASK Automotive

ASKAUTOLTD
Small Cap
(%) 1D
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1D1W1M3M6M1YMAX

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ASK Automotive Share price and Fundamental Analysis

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ASK Automotive Ltd was incorporated on January 18, 1988 as a Private Limited Company with the name 'ASK Automotive Private Limited'granted by the RoC. Upon the conversion of Company into a Public Limited , the name of Company was changed to 'ASK Automotive Limited' through a fresh Certificate of Incorporation dated January 6, 2023 issued by the RoC.
Company Incorporation1988
ChairmanKULDIP SINGH RATHEE
Head QuartersNA
Previous NameNA

Key Metrics

Market Cap (Cr)
8,171.56
PE Ratio
34.37
Industry P/E
47.53
PEG Ratio
0.57
ROE
24.1%
ROCE
24.57%
ROA
12.88%
Total Debt (Cr)
399.86
Debt to Equity
0.43
Dividend Yield
0.24%
EPS
12.06
Book Value & P/B
46.7 x 8.88
Face Value
2
Outstanding Shares(Cr)
19.71
Current Ratio
1.2
EV to Sales
2.45

Included In

+More

Stock Returns

1 Week+1.84%
1 Month-3.47%
6 Months-2.11%
1 Year+40.15%
3 Years+33.68%
5 Years+33.68%

CAGR

1 Year CAGR

Revenue Growth

+17.2%

Net Profit Growth

+41.33%

Operating Profit Growth

+25.64%

Dividend Growth

N/A

Stock Returns CAGR

+40.15%
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2.6
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Mar 25

Promoters : 78.95%

FIIs : 9.93%

DIIs : 4.95%

Public : 6.17%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 0.03% to 9.93% in March 2025 Qtr
DII Shareholding Increased by 0.28% to 4.95% in March 2025 Qtr

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ROE

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ROCE

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ROA

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Dividend History

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ASK Automotive Management and History

Company Management

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Company History

ASK Automotive Ltd was incorporated on January 18, 1988 as a Private Limited Company with the name 'ASK Automotive Private Limited'granted by the RoC. Upon the conversion of Company into a Public Limited , the name of Company was changed to 'ASK Automotive Limited' through a fresh Certificate of Incorporation dated January 6, 2023 issued by the RoC.

Led by the Promoters, Kuldip Singh Rathee and Vijay Rathee, the Company has been supplying safety systems and critical engineering solutions with in-house designing, developing and manufacturing capabilities. Their offerings are powertrain agnostic, catering to electric vehicle (EV) as well as internal combustion engine (ICE) original equipment manufacturers (OEMs). The Company operate nearly 15 manufacturing facilities across five states in India and are are developing one new manufacturing facility in Rajasthan as well. In addition, the Joint Venture operates one manufacturing facility in Haryana.

The Company commenced their operations in 1989 by manufacturing brake shoe products for two-wheelers (2Ws) and have since diversified the operations to include offerings such as: (i) advanced braking (AB) systems; (ii) aluminium light-weighting precision (ALP) solutions; (iii) wheel assembly to 2W OEMs; and (iv) safety control cables (SCC) products, that it supply in (i) the automotive sector for 2Ws, three wheelers (3Ws), passenger vehicles (PVs) and commercial vehicles (CVs), and (ii) the non-automotive sector for all-terrain vehicles (ATVs), power tools and outdoor equipment.

In 1989, the Company started manufacturing activities at ASK-1 situated at Gurugram plant in Haryana. It ventured into the OEM market for Advanced Braking (AB) systems consisting of brake shoes. In 2001, it commenced manufacturing activities at ASK-2 plant in Gurugram; in 2004, it started manufacturing plant at ASK -3 in IMT, Manesar, Haryana and entered into the OEM market for ALP with panel assembly for front brake.

Later on, the Company commenced manufacturing activities of ASK-4 plant in IMT, Gurugram, Haryana; in 2010 ASK-5 plant in Haryana; ASK-7 manufacturing facility in IMT, Manesar in 2012; commenced manufacturing facility, ASK-8 in Narsapur Indl. Area in Bengaluru, Karnataka in year 2013.

In 2014, the Company started manufacturing facility, ASK-9 situated at Sector 8, Manesar, Haryana; commenced manufacturing activities ASK-10 situated in IMT Manesar, Gurugram. In 2015, commenced manufacturing activities ASK-11 situated in Ahmedabad, Gujarat and thereafter had ventured into the aftermarket for safety control cables and others with clutch cables, front brake cables, throttle cables and speedometer cables.

The Company in 2017 formed a Joint Venture with Fras-Le S.A., Brazil, through which ASK FrasLe Friction Private Limited was incorporated as the Joint Venture.

In 2018, the Company through a business purchase agreement dated March 26, 2018 with AK Auto Industries and Aman Rathee, acquired the entire business of independent aftermarket sale of two wheeler/three wheeler brake products of AK Auto Industries, including, the manufacturing facility, ASK-14 on a slump sale basis and resultant, the ASK-14 manufacturing plant was transferred to Company by AK Auto Industries. The Company through a business purchase agreement dated March 26, 2018 with APK Automotive and Prashant Rathe, acquired the entire business of independent aftermarket sale of two wheeler/three wheeler brake products of APK Automotive, including, the manufacturing facility, ASK-15 on a slump sale basis and resultant, the ASK-15 manufacturing plant was transferred to Company by APK Automotive, which became effective on April 1, 2018.

In year 2019, the Company resumed manufacturing activities at plant ASK-12 situated in IMT, Manesar. Therafter on May 3, 2019, through composite scheme of arrangement/amalgamation and demerger between the Company, A.A. Autotech Private Limited and Vijaylaxmi Infra Projects Private Limited, A.A. Autotech Private Limited amalgamated into the Company and the erstwhile real estate and project management consultancy business of Company demerged into Vijaylaxmi Infra Projects Private Limited consequently, the ASK-16 and ASK-17 manufacturing facilities, both situated in IMT Manesar, Haryana got transferred to the Company from A.A. Autotech Private Limited as a going concern effective from June 3, 2019.

The Company is proposing an Initial Public Offering of upto 29,571,390 Equity Shares for cash through Offer for Sale.

ASK Automotive Share Price

ASK Automotive share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

ASK Automotive Market Cap

Market capitalization of ASK Automotive indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how ASK Automotive is valued compared to its competitors.

ASK Automotive PE Ratio

ASK Automotive PE ratio helps investors understand what is the market value of each stock compared to ASK Automotive 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

ASK Automotive PEG Ratio

The PEG ratio of ASK Automotive evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

ASK Automotive ROE (Return on Equity)

Return on Equity (ROE) measures how effectively ASK Automotive generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

ASK Automotive ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of ASK Automotive in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

ASK Automotive Total Debt

Total debt of ASK Automotive shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

ASK Automotive Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of ASK Automotive compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

ASK Automotive CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of ASK Automotive over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

ASK Automotive Technical Analysis

Technical analysis of ASK Automotive helps investors get an insight into when they can enter or exit the stock. Key components of ASK Automotive Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where ASK Automotive shares often struggle to rise above due to selling pressure.

ASK Automotive Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect ASK Automotive ’s financial health and profitability.

ASK Automotive Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

ASK Automotive Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

ASK Automotive Financials

The financials of ASK Automotive provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

ASK Automotive Profit and Loss Statements

The profit and loss statement of ASK Automotive highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of ASK Automotive .

ASK Automotive Balance Sheet

The balance sheet presents a snapshot of ASK Automotive ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

ASK Automotive Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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