What we do ASK Automotive Ltd designs and manufactures safety systems and critical engineering solutions for two-wheelers and automotive sectors, serving both electric and conventional vehicles. |
Founded in 1,988 |
Market share Market leader with ~50% share in India's two-wheeler advanced braking systems segment. |
Problem solved Provides advanced braking, lightweight aluminium precision parts, and safety control cables enhancing vehicle safety and performance across EV and ICE platforms. |
Top clients or who we serve OEMs of two-wheelers, three-wheelers, passenger and commercial vehicles; also serves aftermarket and exports to 14 countries; B2B focus. |
Key management - |
Our journey and innovations Started in 1989 with 2W brake shoes, expanded into aluminum parts and braking systems, formed multiple joint ventures and technical collaborations globally. |
Where we operate Operates 18 manufacturing facilities across five Indian states and exports globally to over 14 countries. |
Top products or what we offer Advanced braking systems, aluminium lightweight precision solutions, safety control cables, and wheel assemblies for 2W, 3W, PV and CV segments. |
Top brands - |
Raw materials needed Aluminium, friction materials, steel components, control cables materials for manufacturing safety and lightweight parts. |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue largely recurring from OEM contracts and aftermarket sales with some cyclical exposure linked to automotive industry demand. |
Our industry position Leading manufacturer in 2W braking systems with significant presence in aluminium casting and safety cables, strong R&D and JV partnerships. |
Financial highlights FY 2024-25 Consolidated revenue Rs. 3601 Cr, PAT Rs. 248 Cr, EBITDA margin improved to around 13.5%, consistent double-digit growth. |
Geographical revenue split Domestic Indian OEMs form majority revenue; exports contribute ~3-4% with expanding aftermarket segments. |
Order book - |
Whats driving growth Growth driven by EV transition readiness, expanding OEM relationships, diversified product range, and new technical collaborations. |
Our future plans Commissioning new plants, expanding JV with AISIN for IAM segment, developing high pressure die-cast alloy wheels via technical collaboration. |
Our green promise Focus on renewable energy adoption with solar power plants; energy-efficient manufacturing processes; replacing diesel with PNG fuel. |
Our people and values 7,000+ workforce across multiple states fostering innovation and quality with a culture emphasizing sustainability and operational excellence. |
Key challenges ahead Managing automotive sector cyclicality, raw material cost volatility, and rapid EV technology evolution threats. |
Interesting facts Joined hands with global leaders like AISIN Japan and Fras-le Brazil; commands half of 2W braking market in India; strong ESG initiatives. |
Risks and strategy Risks include market competition and supply chain fluctuations; strategic focus on JV collaborations and product innovation to mitigate. |
