Interim report
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November 03, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 544022 ISIN No.: INE491J01022 Re.: ASK Automotive Limited National Stock Exchange of India Limited Exchange Plaza, C-1, Block - G, Bandra Kurla Complex, Bandra (East), Mumbai - 400 051 Symbol: ASKAUTOLTD ISIN No.: INE491J01022 Re.: ASK Automotive Limited Sub: Outcome of Board Meeting of ASK Automotive Limited (“Company”) held on November 03, 2026 Dear Sir/Madam, The Board of Directors of the Company in its meeting held on Tuesday, November 03, 2026 (which commenced at 3:00 P.M. and concluded at 3:35 P.M.) has inter-alia approved both Standalone and Consolidated Unaudited Financial Results of the Company for the quarter and half year ended September 30, 2026 (“Results”) along with Limited Review Report of the Statutory Auditors. Please find enclosed herewith a copy of the said Results along with Limited Review Report thereon. You are requested to take the same on your records Thanking You. For ASK Automotive Limited Rajani Sharma Company Secretary & Compliance Officer Membership No.: ACS 14391
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Walker Chandiok &_Co LLP Walker Chandiok 6 Co LLP 21st Floor, DLF Squore Jocorando Marg, DLF Phase II, Gurugrom - 122 002 Haryana, Ind io T +91124 462 8099 F +91124 462 8001 Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) To the Board of Directors of ASK Automotive Limited 1. We have reviewed the accompanying statement of standalone unaudited financial results ('the Statement') of ASK Automotive Limited ('the Company') for the quarter ended 30 September 2026 and the year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. The Statement, which is the responsibility of the Company's management and approved by the Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accouhting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. Chartered J\ccountants Offices in Ahmedabad, Beng.-uru, Chandigarh, Chennai, Oehradun, Goa, Gurugram, Hyderabad. Indore, Kochi, Kolkata, Mumbar, New Delhi. Naida and P"ne Walker Chand iok & Co LLP Is registered with limited liability with iden tification number AAC -2085 and has its registered office at L-41. Connaught Circus, Outer Circle. New Delhi, 110001, India
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Walker Chandiok &._Co LLP Independent Auditor's Review Report on Standalone Unaudited Quarterly Financial Results and Year to Date Financial Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) 4. Based on our review conducted as above nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. For Walker Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 2 "'~ :anish Ahmed Partner Membership No.: 522144 UDIN: 26522144YEVCVB1891 Place: Gurugram Date: 3 November 2026 Chartered Accountants
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S. No. I LT m IV V VI Vil VIII IX X XI xn Xfll XJV ASK Automoti ve Limited CIN: L34300DLl988PLC030342 Registered Office: Flat No. 104, 929/t , Naiw:Ua, Faiz Roa.di Karol Ifagh, New Oclhi-110005 Phone ; 011-28758433 ; e-mail: i11fo@'askbrake.com ~website: www.askbr:d<c.com Statement of StandaJonc Financial Results for the c1ua,·ter :lnd six months period euded 30 September 2026 IA// ammm ,. are ,n INR uore e·ce,,t othenvi-.e Hated) • ' Qu:,rter ended Six months I eriod ended Year coded Particufars - 30 September 30 Jnnc 30 September 30 Scprcmbcr 2026 30 Septemb er 31 Marcb 2026 2026 2026 2025 (Unaudited) 2025 (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue from Of)Cr.'.ltions 1.08-l.03 986.55 826.76 2.070.58 1.553.52 3,304.88 Other income 12.80 12.44 12.27 25.24 22.19 48.12 Total income Q+ fl) 1,096.83 998.99 839.03 2,095.82 1,575.7 1 3,353.00 Expenses Cosr of material consumed 763.26 781.34 580.88 1,544.60 1,101.80 2,315.34 Chru1.gcs in inventories of finished .i;ood.-: and work-in-progress 36.6l (67.47) (6.27) (30 .86) (-1 1.64) { 17 98) Employee benefits expense 45.59 -16.65 4-1.84 92.24 ss.n 174.92 Finance costs 4.95 S.75 3.66 10.70 6.05 D. 85 Depreciation and amort isation expense 15.02 1-1.67 1-1.84 29.69 29.76 58.85 Other expenses 148.21 135.02 129.52 283.23 246.37 500.53 Dies for own use: ( 1.48) (0. 18) (0.45) (1.66) (0.71) (1.95) Total c~penscs 1,012.16 915.78 767.02 1,927.94 1,430.55 3,043.56 Profit before exce1>fional items and tax (UJ-IV) 84.67 83.21 72.01 167.88 145.16 309.44 Exccotional items . . . . Profit before tax IV+Vll 84.67 83.21 72.01 167.88 145. 16 309.44 Tax expense C urrent ta;,: Current period/ year 21.50 21.58 18.64 43.08 36.76 77.78 Deferred tax 0.10 0.1 7 004 0.27 0.65 2.06 Total tax exnense 21.60 21.75 18.68 43.35 37.41 79.84 Profil aflcr l:IX (VlJ•VILI) 63.07 61.46 53.33 124.53 107.75 229.60 Ot hcl' compreh ensive income: (i) Ttems that will not be reclassified to profit or loss iu subsequent period s/year: - Actuarial gain/(loss) on rc,rn:asurcment of defined benefit obligat ions 1.60 (152) 0.83 0.08 (0.5~) 0.41 - Income tax relating to items th:.n will no1 be reclassified IO profit or lo5s in (0.40) 0.38 (0.21) (0.02) 0.13 (0.IO) subsequent periods/year Total other comprehensive income, oet of tax 1.20 (1.14) 0.62 0.06 (6.41) 0.31 Total compre hensive i11comc (IX+X) 64.27 60.32 53.95 124.59 107.34 229.91 P:iid up equity share capital (Face value of INR 2 each) 39.43 39.43 .19.43 39.43 39.43 39.43 Other equity 1,218.24 Earn ings: per equit y share (TNR) (not annua lised u eept for the year ended 31 March 2026): Basic 3.20 3. 12 2.70 6.32 5.-l7 11.65 Diluted 3.20 3. 12 2.70 6.32 5.47 11.65 Sec acco mpanying notes to lhc Standalone Unaut..lited Fi;1ancial Rcsulls. (This space has been lntentionally lefl blank)
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ASK Automotive Limited CIN: L34300DL1988PLC030342 Regis tered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi- 110005. Phone: 011-28758433; e-mail: info@askbrake.com; website: www.ask brake.com Statement of Standalone Assets and Liabilities (All amounrs are in INR crore, exi:ept otherwise stated) ASSETS Non-current assets Property, plant and equipment Capital work-in-prog ress Right-of-use assets Goodwill Other intangible assets Intangible assets under development Financial assets (i) Investments (ii) Loans (iii) Other financial assets Non-cun-ent tax assets (net) Other non-current assets Total non-current assets Current assets Inventories Financial assets (i) Loans (ii) Trade receivables (iii) Cash and cash equiva lents (iv) Other financial assets Other current assets Total current assets Total assets EQUITY AND LIABILITIES Equity Equity share capital Other equity Total equitv Non-current liabilities Financial liabilities (i) Borrowings (ii) Lease liabilities Provisions Other non-current liabilities Deferred tax liabilities (net) Total non-current liabilities Current liabilities Financial liabilities (i) Borrowings (ii) Lease liabilities (iii) Trade payables Particulars (a) Total outstanding dues of micro enterprises and small enterprises (b) Total outstanding dues of creditors other tban micro enterprises and small enterprises (iv) Other financial liabilities Provisions Current tax liabilities (net) Other cun-ent liabilities Total current liabilities Total liabilities Total equity and liabilities As at 30 September 2026 Unaudited 499.62 26.85 18.74 181.9 1 9.22 0.23 61.39 445.86 16.78 0.26 8.62 1,269.48 264.0l 46.65 334.86 16.51 57. 16 29.30 748.49 2,017.97 39.43 1,306.35 1,345.78 45.38 13.13 37.28 28.08 123.87 106.59 5.61 64.35 307.37 21.56 10. 15 12.74 19.95 548.32 672.19 2,017.97 As at 31 March 2026 Audited 485.59 19.6 1 22.24 I 81.91 3.28 3.52 59.04 479.74 29.79 0.26 8.96 1,293.94 226.07 2.67 237.67 1.72 46.58 31.17 545.88 1,839.82 39.43 1,218.24 1,257.67 58.37 13.51 36.22 0.03 27.79 135.92 73 .73 8.49 51.85 249.02 22.57 9.70 2.53 28.34 446.23 582.15 1,839.82
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A. B. C. ASK Automotive Limited CIN: L34300DLI 988PLC030342 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagi!, New Dclhi-110005. Phone: Ol l-28758433 ; e-mail : info@'askbrake .com; website : www.askbrnke.com Statement of Standalone Cash Flows fo1· the six months 1>eriod ended 30 Septembe r 2026 (All amounts are in INR crore, except otherwise stated) For the six months For the six months Particulars period ended period ended 30 Sentember 2026 30 Sentember 2025 Unaudited Unaudited Cash flow from operating activities Profit before tax 167,88 145.16 Adjustment to reconcile profit before tux to net cash flows: Depreciation and amortisation expense 29.69 29.76 Excess liability / provision written back (0.18) (1.5 1) Provision for doubtfu l debts 0.30 - Unrealised foreign exchange differences (net) (0.57) (0.72) Amortisation of government grant (0.03) (0.24) Loss on sale/discarding of property, plant & equipment 0.44 0.25 Interest income (20.57) (14.89) Finance cost 10.70 6.02 Operating profit before working capital changes 187.66 163.83 Adjustments for change in working capital : Change in trade receivables (96.87) (23.6'.!) Change in inventories (37.94) (53.55) Change in other financial assets (1.26) (0 39) Change in other assets l.98 (8.95) Change in trade payables 70.83 32.76 Change in other financial liabilities (0.28) 2.47 Change in provisions l.59 2.75 Change in other liabilities (8.64) (8.53) Cash generated from operations 117.07 106.77 Income taxes paid (net ofrefunds) (32 88) (30.44) Net cash generated from operating activities (A) 84.19 76.33 Cash flow from investing activities Purchase of property, plant and equipment and intangible assets (including capital work in (51.18) (39.16) progress and intangib le assets under development) Proceeds from sale of property, plant and equipment 0.91 1.99 Purchase of non-current investments (2.35) (0.41) Unsecured Loans gi vcn (20.10) ( I l l.90) Recovery of Unsecured Loans 10.00 Redemption/(purchase) of fixed depos its (net) (0.01) 0.07 Interest received 24.26 2.01 Net cash used in investing activities (B) (38.47) (147.40) Cash flow from financing activities Proceeds from short term borrowings (net) 32.96 104.65 Repayment of long term b01Towings (including current maturities) (13.09) (5.0 1) Principal payment of finance lease liability (4.23) (3.08) Interest paymen t of finance lease liability (0.78) (0.61) Dividend paid (36.47) (29 57) Interest vaid (9.32) (5.56) Net cash (used in)/gencratcd from financin2 activities (C) (30,93) 60.82 Net incrcasc/(decrease) in cash and cash equivalents (A+B+C) 14.79 (10.25) Cash and cash equivalents at beginning of the period 1.72 16.14 Cash and cash equivalents at end of the period 16.51 5.89 Reconciliation of cash and cash equivalents: As at As at 30 September 2026 30 September 2025 Cash and cash equiva lents as per above comprises of the follow,ng : - Cash on baod 0.10 0.09 - Balance in currem accounts 16.41 5.80 Cash and cash equivalents at end of the period 16.51 5.89 Note: The above stntemcnt of standalone cash flows have b~en prepared under the "Indirect Method" us ~ct out in the Indian Accounting Standard- 7 (Ind AS-7) Statement of Cash Flows.
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ASK Automotive Limited CIN: L34300DL1988PLC030342 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Karol Bagh, New Delhi-I 10005 Phone: 011-28758433; e-mail: info@askbrake.com; website: www.askbrake.com Notes to the Standalone Unaudited Financial Results for the quarter and six months period ended 30 September 2026 1. These Standalone Unaudited Financial Results of ASK Automotive Limited ('the Company') for the quarter and six months period ended 30 September 2026 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on 03 November 2026. TI1cse results have been subjected to limited review by the statutory auditors who have expressed an unmodified conclusion. 2. These Standalone Unaudited Financial Results have been prepared in accordance with the recognition and measurement principles of Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS - 34'), prescribed under Section 133 of the Compan ies Act, 2013 (the Act) and other accounting principles generally accepted in India and are in compliance with the presentation and disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended)_ 3. The Company is primarily engaged in the manufacturing of auto components including advanced braking systems, aluminium lightweighting precision solutions and safety control cables primarily for automobile industry and substantia l sale of the products is within India. Hence, there are no other reportable segments in terms of requfrements of Jnd AS I 08 "Operating Segments". 4. The figures of the previous year/periods have been regrouped/recasted , wherever necessary, to make them comparable with the figures of the current period. Place: Gurugram Date: 3 November 2026 For and on behalf of the Board of Directors of ASK Automotive Limited Kuldip Singh Rathee Chairman and Managing Director DIN: 00041032
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Walker Chandiok &.Co LLP Walker Chandiok S Co LLP 21st Floor, DLF Square Jacaranda Marg, DLF Phase II, Gurugram -122 002 Hart:iana, India T +91124 462 8099 F +91124 462 8001 Independent Auditor 's Review Report on Consolidated Unaudited Quarter ly Financial Results and Year to Date Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations , 2015 (as amended) To the Board of Directors of ASK Automotive Limited 1. We have reviewed the accompanying statement of unaudited consolidated financial results ('the Statement') of ASK Automotive Limited ('the Holding Company') and its subsidiary (the Holding Company and its subsidiary together referred to as 'the Group'), and its joint ventures (refer Annexure 1 for the list of subsidiary and joint ventures included in the Statement) for the quarter ended 30 September 2026 and the consolidated year to date results for the period 1 April 2026 to 30 September 2026, being submitted by the Holding Company pursuant to the requirements of Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) ('Listing Regulations'). 2. This Statement, which is the responsibility of the Holding Company's management and approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34, Interim Financial Reporting ('Ind AS 34'), prescribed under section 133 of the Companies Act, 2013 ('the Act'), and other accounting principles generally accepted in India and is in compliance with the presentation and disclosure requirements of Regulation 33 of the Listing Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, Review of Interim Financial Information Performed by the Independent Auditor of the Entity, issued by the Institute of Chartered Accountants of India. A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with the Standards on Auditing specified under section 143(10) of the Act, and consequently, does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the SEBI under Regulation 33 (8) of the Listing Regulations, to the extent applicable. 4. Based on our review conducted and procedures performed as stated in paragraph 3 above and upon consideration of the review reports of the other auditors referred to in paragraph 5 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement principles laid down in Ind AS Chartered Accountants Offices in Ahmedabad, Bengaluru, Chandigarh, Chennai, Oehradun, Goa, Gurugram, Hycferabad, Indore, Kochi, Kolkala, Mumbai. New Delhi, Noida and Pune Vllalker Chand1ok & Co LLP is regis tered with limited liabil ity with identif1cation number AAC-2085 and has ,ts registered office at L-41. Connaught Ciicus. Outer Circle. New Delhi, 110001, India
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Walker Chandiok &..Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) 34, prescribed under section 133 of the Act, and other accounting principles generally accepted in India, has not disclosed the information required to be disclosed in accordance with the requirements of Regulation 33 of the Listing Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. 5. We did not review the interim financial results of one subsidiary included in the Statement whose financial information reflect total assets of z 1,556.89 crores as at 30 September 2026, and total revenues of z 601.93 crores and z 1,094.06 crores, total net profit after tax oft 39.93 crores and z 66.16 crores, total comprehensi ve income of z 40.01 crores and z 66.23 crores, for the quarter and six-month period ended on 30 September 2026, respectively, and net cash inflows of z 1.37 crores for the period ended 30 September 2026, as considered in the Statement. The Statement also includes the Group's share of net loss after tax of z 0.58 crores and z 2.25 crores and total comprehensive loss of z 0.58 crores and t 2.26 crores, for the quarter and six month period ended on 30 September 2026, respectively, as considered in the Statement, in respect of one joint venture, whose interim financial results have not been reviewed by us. These interim financial results have been reviewed by other auditors whose review report has been furnished to us by the management, and our conclusion in so far as it relates to the amounts and disclosures included in respect of this subsidiary and joint venture is based solely on the review reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of this matter with respect to our reliance on the work done by and the reports of the other auditors. 6. The Statement also includes the Group's share of net loss after tax of z 0.36 crores and z 0.70 crores, and total comprehensive loss oft 0.36 crores and z 0.70 crores for the quarter and six month period ended on 30 September 2026 respectively, in respect of one joint venture , based on their interim financial results, which have not been reviewed by their auditors, and have been furnished to us by the Holding Company's management. Our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of this joint venture, are based solely on such unreviewed interim financial results. According to the information and explanations given to us by the management , these interim financial results are not material to the Group. Our conclusion is not modified in respect of this matter with respect to our reliance on the financial results certified by the Board of Directors. For Walke r Chandiok & Co LLP Chartered Accountants Firm Registration No: 001076N/N500013 =::r f:vl ~ anish Ahmed Partner Membership No.: 522144 UDIN: 26522144SQNGJT7657 Place: Gurugram Date: 3 November 2026 Chartered Accountants
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Walker Chandiok &._Co LLP Independent Auditor's Review Report on Consolidated Unaudited Quarterly Financial Results and Year to Date Results of ASK Automotive Limited pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (as amended) (cont'd) Annexure 1 List of entities included in the Statement Holding Company ASK Automotive Limited Subsidiary ASK Automobiles Private Limited Joint Ventures ASK Fras-Le Friction Private Limited AISIN ASK India Private Limited ASK GTD Control Cables Private Limited Chartered Accountants
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S.No. I TI TU IV V VI Vil vm IX X XI XO XIII XIV xv ASK Automotive Lim ited CIN: L34300DL1988PLC030342 Registc ,·ed Office: Flat No. 104, 929/1, Naiwala, Faiz Road, Ka,·ol Bagh , New Delhi-I 10005 P hone: OIJ-28758433; c-m:til: info@askb,al,e.com; wc.-bsitc: www.askbrakc.cor.n Staleme11t of Conso lidated Financial Results for the quarter and six months period ended JO September 202(, (All amo,mts are in !NR crore ex.cevt otherwise stated) Quarter ended Six months period ended Year ended 30 September 30 June 30 September 30 ScptcmbH 30 September 31 March 2026 Particulars 2026 2026 2025 2026 2025 (Audited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) Revenue from operations 1,555.16 1.358.11 1.053.70 2.913.27 1,944.99 4,176.32 Other income 6.07 3.03 4.85 9.10 8.52 20.03 Total income (1+11) 1,561.23 1,361.14 1,058.55 2,922.37 1,953.51 4,196.35 Expenses Cost of material consumed 1,054.37 1,026.34 705.49 2,080.71 1,326.76 2,806.11 Changes in inventories of finished goods and work-in-progress 37.09 (84 98) (14.85) (47.89) (65.21) (4 1.23) Employee benefits expense 62.04 61.01 55.43 123.05 !08.83 218.94 Finance costs 16.39 15.89 l.:?.38 32.28 22.62 48.19 Depreciation and amortisation expense 35.56 33.1 4 27.86 68.70 54.31 114.12 Olher expenses 224.59 195.37 170.96 419.96 318.60 663.56 Dies for own use (1.48) (0.18) (0.45) (1.66) (0.71) ( 1.95) Total expenses 1,428.56 1,246.59 956.82 2,675.15 1,765.20 3,807.74 Profit before 4.'Xceptional items , share of net profit /(loss) of joint 132.67 114.55 101.73 247.22 188.31 388.6 1 venCurcs accounted for using equity method and taxes (In-IV) Exceptional items - - - Share of net profit/(loss) of joint ventures accoun1ed for using equity ( 1.29) (2.30) 1.93 (3.59) 2.54 2.32 method (net of taxes) Profit before tax fV+ V l+VII) 131.38 112.25 103.66 243.63 190.85 390.93 Tax expense Current tax Current period/year 27.70 25.64 18.64 53.34 36.76 77.78 Deferred tax 2.12 1.49 5.22 3.61 8.21 15.83 Total tax exocnse 29.82 27.13 23.86 56.95 44.97 93.61 Profit after ta, (Vlll-1:X) 101.5(» 85.U 79.80 186.68 145.88 297.32 Other comprchcn.sivc i_ncomc: (i) Items that "ill not be reclassified to profit or loss in subsequent period s/yea i·: - Actuarial gaiu/(loss) on remeasurement of defined benefit obligations 1.70 (153) 0.83 0.17 (0.51) 0.38 - J.ncomc tax relating to items that will not be reclassified to profi1 or loss in (0.43) 0.39 (0.21) (0.04) 0.13 (0.10) subsequent periods/year Share of other comprehensive income of joinl venlurcs accow11ed for using - (001) (0.01) (0.01) (0. ()3) equity method (net of taxes) - Total other compre hensive income , net of tax 1.27 (1.15) 0.62 0.12 (0.39) 0.25 lotal comprehensive income (X+XJ ) 102.83 83.97 80.42 186.80 145.49 297.57 Paid up equity share capital (Face value of INR 2 each) 39.43 39.43 39.43 39.43 39.43 39.43 Other equity 1,271.67 Earnings per equity share (lNR) (not annualised except for the year ended 31 March 2026): Basic 5.15 4.32 4.05 9.47 7.40 15.08 Diluted 5. 15 4.32 4.05 9.47 7.40 15.08 See accompanying notes to the Consolidated Unaudited Financial Results.
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ASK Automotiv e Limited CTN: L34300DL1988PLC030342 Registered Office: Flat No. 104, 929/1, Naiwala, Faiz Road. Karol Bagh, New Delhi-I 10005. Phone: 011-287 58433; e-mail: info@askbrakc.com; website: www.askbrak e.com Statement of Consolidated Assets and Liabilities (All amow1/s are in INR crore, except othenv ise stated) As at As at Particulars 30 September 2026 31 March 2026 Un audited Audited ASS ETS Non-current assets Property, plant and equipment 1.341.64 1,236.79 Capita l work-in-progress 141.97 148. 15 Right-of-use assets 152.85 143.27 Goodwill 181.91 J 81.9 1 Other intangible assets 9.42 3.53 Intangib le assets under development 0.23 3.52 Investments accounted for using equity method 40.65 41.91 Financial assets (i) Investments 4.22 3.45 (ii) Other financial assets 25. 16 21 .39 Non-current tax assets (net) 0.26 0.26 Other non-curre nt assets 39.26 32.05 Total non-current assets 1,937.57 .1,816.24 Curre nt assets Inventories 374.44 309.02 Financial asset£ (i) Loans 2.67 2.67 ( ii) Tradcrcccivab lcs 476.48 302.34 (iii) Cash and cash equivalen ts 29.06 12.90 (iv) Bank balances other than {iii) above - 0.01 {v) Other financia l assets 3.25 1.51 Curre nt tax assets (net) - 2.54 Other current assets 110.38 109.58 Tota l current assets 996.28 740.57 Total assets 2,933.85 2,556.80 EQUITY AND LIABTLITIES Equity Equity share capita l 39.43 39.43 Other equity 1.421.99 1.271.67 Tota l equity 1,461.42 1,311.10 Non-current liabilit ies Financial liabilities (i) Borrowings 418.08 421.12 (ii) Lease liabilities 27.84 15.63 Provisions 39.78 38.20 Other non-current liabilities 15.7 1 15.88 Deferred tax liabilities (net) 48.10 44.46 Total non-cur rent liabilities 549.51 535.29 Current liabilities Financia l liabilities (i) Borrowings 288.41 232.94 (ii) Lease liabilities 7 . 1 1 9.32 (iii) Trade payables (a) Total outsta nding dues of micro enterprises and small enterpris es 95.48 66.57 (b) Total outstanding dues of creditors other than micro enterprises and 425.33 308.23 small enterprises (iv) Other financial liabilities 48.40 47.64 Provisions 10.51 10.0 1 C,trrent tax liabilities (net) 15.30 2.53 Other current liabilities 32.38 33.17 Tota l current liabilities 922.92 710.41 Total liabilities 1,472.43 1,245.70 Total equity and liabj)jties 2,933.85 2,556.80
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A. B. C. ASK Automotive Limited CIN: L34300DL1988PLC030342 Registered Office: Flat No. 104, 929/1, Naiwala , Faiz Road , Karo l Bagh, New Dclhi-110005. Phone: 011-28758433 ; e-mail : info @ askbrake.com; website : www.askbrake .com Statement of Consolidated Cas h Flows for the six months period ended 30 September 2026 (All amounl~ are in INR crore except othenvise siated) For the six months For the six montlls Particulars period ended period ended 30 September 2026 30 September 2025 Unaudited Unaudited Cash flow from operating activities Profit before tax 243.63 190.85 Adjustment to reconcile profit before tax to net cash nows: Share of net (profit)/loss ofjoint ventures 3.59 (2.54) Depreciation and amortisation expense 68.70 54.31 Excess liability / provision written back (0.18) (1.50) Provision for doubtfu l debts 0.30 - Unrealised foreign exchange differences (net) (1.48) (0.89) Amo11isation of government grant (2.02) (0.45) Profit on sale/discarding of property, plant & equipment (0.50) (l.12) Interest income (0.85) (0 84) Finance cost 32.28 22.58 Operating profit before working capita l changes 343.47 260.40 Adjustments for change in working capital : Change in trade receivables (172.96) (56.88) Change in inventories (65.42) (89.07) Change in trade payables 145.99 65.51 Change in financia l assets (232) (2.1 7) Change in other assets (0.58) (36.98) Change in other financial liabilities 0.97 3.42 Change in provisions 2.25 3.20 Change in other Liabilities (1.01) (7.96) Casb generated from operations 250.39 139.47 Income taxes paid (net of refunds) (38.03) (30.84) Net cash generated from operating activities (A) 212.36 108.63 Cash flow from investing activities Purchase of property, plant and equipment and intangible assets (including capital work in progress (169.76) (266.59) and intangible assets under development) Proceeds from sale of property, plant and equipmen t 1.90 4.26 Purchase of non-current investment (net of share issue expense) (3.11) (0.49) Purchase of fixed deposits (3.4 1) (0.88) loterest received 0.67 0 66 Net cash used in investing activities (B) (173.71) (263.04) Cash flow from financing activities Proceeds from short term borrowings (net) 31.65 110.30 Proceeds from long tern, borrowings 84.14 137.02 Repayment of long term borrowings (including current maturit ies) (63.36) (45.62) Principal payment of finance lease liability (4.70) (3.46) Interest payment of finance lease liability ( 1.05) (0.70) Dividend paid (36.47) (29.57) Interest paid (32.70) (23.86) Net cash (used in)/2cnerated from financing activities (C) (22.49) 144.11 Net increase/(decrease) in cash and cash equivlllents (A+B+C) 16.16 (10.30) Cash and cash equivalents at beginning of the period 12.90 19.79 Cash and cash equivalents at end of the period 29.06 9.49 Reconciliation of cash and cash equivalents: As at As at 30 Sentember 2026 30 September 2025 Cash and cash equivalen ts as per above compr ises of the following : - Cash on hand 0.11 0.10 - Balance in current accounts 28.95 9.39 Cash and cash equivalents at end of the period 29.06 9.49 Note: The above statement of Consolidated Cash Flows have been prepared under the "Tndirect Method" as set out in the Indian Accounting Standard-? ([nd AS-7) Statement of Cash Flows.
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ASK Automotive Li1nited CIN: L34300DLl988P LC030342 Regi stered Office; Flat No. 104. 929/ 1, Naiwala. Faix Road , Karo l Bagh , New Delhi-110005 Phon e : 0l 1-28758433 ; e--r:uaJI : info@askbr akc.com ; webs ite : www.askbrake.com Notes to the Consolid~1.ted Unaudited Finan cial Results for the ,1u~1rter ::ind six months period ended 30 September 2026 J. These Consolidated Unaudited Financial Results of ASK Automotive Limited ('the Holding Company') and its subsidiary (the Holding Company and ilS subsi<liary logcthcr referred to as 'the Ornup' ), .:ind its joint ventures for the quarln un<l :si.x months period ended 30 September 2026 have been reviewed by the Audit Comm ittee and approved by the Board of Directors of Holding Com pany at their respective mccti11gs held on 3 November 2026. These results have been subjected to limited review by starutory auditors who have expressed an unmodified conclusion. 2. These Consolidated Unaud ited financial Results have been prepared in accordance with the recognition and mcasmcmc nt principles of Indian Accounting Standard 3~. Interim Finan.cial Reporting ('Ind AS - 34'). prescribed under Section 133 of the Compan ies Act. 2013 (the Ac(} and other accounting principles generally accepted in .India and are in compl iance with the presentati on and disclosure requirements of SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015 (as amended) . 3 The Group is primarily engaged in 1he manufacturing of auto components including advanced braking systems. aluminium ligh1weigl11ing precision solutions and safety control cab les primarily for auromobile iudustry and substantial sale of the products is \.Vithin India. Hence. there an: no other reportable segments. in term.s of requirements of lml AS 108 "Operating Segments". 4. Tue figures of the previous year/ periods have been rcgroupcd/rccastcd. wherever necessary. to make them comparable with the figures oftbc current period . Place: Gurugram Date: 3 Novembe r 2026 For aud ou behalf of the Board of Directors of ASK Automotive Limited Kuldip Singh Rathee Chairman and Managing Director DIN : 00041032