ASK Automotive Limited (ASKAUTOLTD) AI Stock Analysis

3 Followers

ASK Automotive Limited

(NSE:ASKAUTOLTD)

Select Model

Rating:63Neutral

Price Target:INR 669.00▲(4.08% Upside)

Action:reiterated

Date:11/06/26

The company's strong revenue growth and healthy return on equity are the primary strengths. However, the score is significantly constrained by a sharp deterioration in free cash flow and rising leverage, which raise concerns about financial flexibility. Technical trends are moderately supportive, while the high P/E ratio offers limited valuation appeal.

Positive Factors

Revenue and earnings growthMeaningful revenue scaling and steady year-over-year net income growth indicate expanding production programs and continued OEM demand. If sustained, this operating momentum can improve fixed-cost absorption, support reinvestment, and strengthen ASK Automotive’s position across vehicle platforms over the next several quarters.

Negative Factors

Weak cash conversion and negative free cash flowThe gap between reported earnings and operating cash generation reduces the quality and flexibility of near-term profits. Negative free cash flow may require greater reliance on borrowing or other funding to support investment and working-capital needs, limiting capital available for resilience and shareholder returns.

ASK Automotive Limited (ASKAUTOLTD) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 126.70B
Dividend Yield: 0.29%
Average Volume (3M): 21.22K
Price to Earnings (P/E): 37.5
Beta (1Y): 1.02
Revenue Growth: 38.68%
EPS Growth: 25.53%
Country: India
Employees: 1,556
Sector: General
Sector Strength: 55
Industry: Auto - Parts

ASK Automotive Limited Business Overview & Revenue Model

Company Description

Founded in 1988 and headquartered in Gurugram, India, ASK Automotive Limited, operating through its subsidiary, specializes in the manufacturing and distribution of automotive components within the Indian market. The company offers a comprehensive ra...

How the Company Makes Money

ASK Automotive Limited makes money primarily by manufacturing and selling automotive components to vehicle original equipment manufacturers (OEMs). Its main revenue stream is the sale of braking systems and brake-related components supplied for fitme...

ASK Automotive Limited Financial Statement Overview

Summary

Strong revenue growth and improving profitability are offset by a sharp rise in debt and deeply negative free cash flow in FY2026. While operational performance is solid, weakening cash generation and reduced debt coverage present significant risks.

Income Statement

80Positive

Balance Sheet

65Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	51.45B	41.76B	35.34B	29.57B	25.27B	19.96B
Gross Profit	14.28B	10.80B	9.66B	7.91B	6.48B	5.21B
EBITDA	6.25B	5.53B	4.50B	3.27B	2.42B	1.77B
Net Income	3.38B	2.97B	2.48B	1.74B	1.23B	826.59M
Balance Sheet
Total Assets	29.34B	25.57B	19.24B	15.68B	12.81B	11.06B
Cash, Cash Equivalents and Short-Term Investments	290.60M	129.10M	201.80M	126.53M	23.77M	15.67M
Total Debt	7.41B	6.79B	4.12B	3.46B	3.28B	1.75B
Total Liabilities	14.72B	12.46B	8.81B	7.52B	6.37B	4.74B
Stockholders Equity	14.61B	13.11B	10.43B	8.17B	6.44B	6.32B
Cash Flow
Free Cash Flow	0	-2.33B	145.30M	184.50M	-278.06M	533.69M
Operating Cash Flow	0	2.51B	3.60B	3.03B	1.39B	1.44B
Investing Cash Flow	0	-4.80B	-3.39B	-2.78B	-1.61B	-799.63M
Financing Cash Flow	0	2.22B	-136.20M	-155.45M	232.06M	-814.79M

ASK Automotive Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price642.80

Price Trends

50DMA611.35Positive

100DMA576.68Positive

200DMA505.31Positive

Market Momentum

MACD9.65Negative

RSI60.11Neutral

STOCH91.89Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ASKAUTOLTD, the sentiment is Positive. The current price of 642.80 is above the 20-day moving average (MA) of 591.76, above the 50-day MA of 611.35, and above the 200-day MA of 505.31, indicating a bullish trend. The MACD of 9.65 indicates Negative momentum. The RSI at 60.11 is Neutral, neither overbought nor oversold. The STOCH value of 91.89 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:ASKAUTOLTD.

ASK Automotive Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ASKAUTOLTD against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:FIEMIND	77Outperform	INR 56.06B	21.35	―	1.88%	20.99%	24.76%
IN:MSUMI	64Neutral	INR 258.70B	37.52	―	1.49%	35.93%	11.75%
IN:ASKAUTOLTD	63Neutral	INR 126.72B	37.48	―	0.29%	38.68%	25.53%
IN:LUMAXTECH	62Neutral	INR 155.43B	42.83	―	0.24%	32.82%	71.53%
IN:VARROC	61Neutral	INR 128.10B	75.69	―	0.18%	21.74%	21.53%
IN:PRICOLLTD	59Neutral	INR 91.12B	31.54	―	0.27%	39.18%	51.96%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:ASKAUTOLTD and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ASKAUTOLTD	ASK Automotive Limited	642.80	171.97	36.53%
IN:FIEMIND	Fiem Industries Limited	2130.05	-176.50	-7.65%
IN:LUMAXTECH	Lumax Auto Technologies Limited	2280.45	825.13	56.70%
IN:MSUMI	Motherson Sumi Wiring India Ltd	39.01	-9.30	-19.25%
IN:PRICOLLTD	Pricol Ltd.	747.60	129.20	20.89%
IN:VARROC	Varroc Engineering Limited	838.45	193.52	30.01%

ASK Automotive Limited Corporate Events

ASK Automotive to Engage Investors at Nuvama Emerging India CEO Forum

Sep 19, 2026

ASK Automotive Limited has announced that its management and officials will participate in the Nuvama Emerging India CEO Forum in Mumbai on September 28, 2026, during business hours. The meeting, organised by Nuvama Institutional Equities at the Gran...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Nov 06, 2026

ASK Automotive Limited AI Stock Analysis