ASK Automotive Limited (ASKAUTOLTD) AI Stock Analysis

ASK Automotive Limited

(NSE:ASKAUTOLTD)

Select Model

Rating:70Outperform

Price Target:INR 624.00▲(6.24% Upside)

Action:upgraded

Date:08/06/26

ASK Automotive's score is anchored by highly bullish technical momentum and excellent revenue growth. However, a premium valuation multiple and significant cash burn tied to aggressive capital investments moderate the overall score and warrant careful monitoring.

Positive Factors

Revenue and earnings growthFY2026 revenue growth accelerated after modest FY2025 growth, while net income continued rising. This combination points to expanding demand and earnings capacity, giving ASK Automotive a stronger base to support OEM production programs and sustain business growth over the coming quarters.

Negative Factors

Weak cash conversionOperating cash flow converting only about 35% of net income indicates that reported profitability is not translating efficiently into cash. Negative free cash flow reduces internal funding capacity, increases reliance on financing, and limits flexibility for sustained investment.

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

Market Cap: INR 122.85B
Dividend Yield: 0.32%
Average Volume (3M): 48.51K
Price to Earnings (P/E): 36.6
Beta (1Y): 1.05
Revenue Growth: 27.91%
EPS Growth: 23.18%
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 top and bottom-line growth with steady margin expansion is partially offset by declining operating cash flow and deeply negative free cash flow resulting from aggressive capital expenditures.

Income Statement

88Very Positive

Balance Sheet

74Positive

Cash Flow

45Neutral

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	46.43B	41.76B	35.34B	29.57B	25.27B	19.96B
Gross Profit	13.41B	10.80B	9.66B	7.91B	6.48B	5.21B
EBITDA	5.89B	5.53B	4.50B	3.27B	2.42B	1.77B
Net Income	3.16B	2.97B	2.48B	1.74B	1.23B	826.59M
Balance Sheet
Total Assets	0	25.57B	19.24B	15.68B	12.81B	11.06B
Cash, Cash Equivalents and Short-Term Investments	129.00M	129.10M	201.80M	126.53M	23.77M	15.67M
Total Debt	0	6.79B	4.12B	3.46B	3.28B	1.75B
Total Liabilities	-13.11B	12.46B	8.81B	7.52B	6.37B	4.74B
Stockholders Equity	13.11B	13.11B	10.43B	8.17B	6.44B	6.32B
Cash Flow
Free Cash Flow	-1.58B	-2.33B	145.30M	184.50M	-278.06M	533.69M
Operating Cash Flow	1.09B	2.51B	3.60B	3.03B	1.39B	1.44B
Investing Cash Flow	-2.63B	-4.80B	-3.39B	-2.78B	-1.61B	-799.63M
Financing Cash Flow	1.44B	2.22B	-136.20M	-155.45M	232.06M	-814.79M

ASK Automotive Limited Technical Analysis

Technical Analysis SentimentPositive

Last Price587.35

Price Trends

50DMA611.88Negative

100DMA562.57Positive

200DMA498.88Positive

Market Momentum

MACD-11.48Negative

RSI48.86Neutral

STOCH73.35Neutral

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 587.35 is above the 20-day moving average (MA) of 585.41, below the 50-day MA of 611.88, and above the 200-day MA of 498.88, indicating a neutral trend. The MACD of -11.48 indicates Negative momentum. The RSI at 48.86 is Neutral, neither overbought nor oversold. The STOCH value of 73.35 is Neutral, 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:PRICOLLTD	75Outperform	INR 78.49B	29.93	―	0.30%	43.26%	56.35%
IN:ASKAUTOLTD	70Outperform	INR 111.88B	36.63	―	0.32%	27.91%	23.18%
IN:VARROC	68Neutral	INR 117.48B	61.53	―	0.19%	14.66%	47.32%
IN:FIEMIND	67Neutral	INR 44.54B	18.00	―	2.23%	17.11%	23.13%
IN:LUMAXTECH	60Neutral	INR 137.96B	37.85	―	0.27%	32.82%	71.53%
IN:MSUMI	60Neutral	INR 233.30B	37.38	―	1.50%	35.93%	11.75%
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	587.35	110.05	23.06%
IN:FIEMIND	Fiem Industries Limited	1801.15	-279.55	-13.44%
IN:LUMAXTECH	Lumax Auto Technologies Limited	2015.90	820.84	68.69%
IN:MSUMI	Motherson Sumi Wiring India Ltd	38.72	-7.58	-16.37%
IN:PRICOLLTD	Pricol Ltd.	659.25	124.57	23.30%
IN:VARROC	Varroc Engineering Limited	792.35	167.68	26.84%

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: Aug 06, 2026

ASK Automotive Limited AI Stock Analysis