Established in 1988 by Mr. Kuldip Singh Rathee, ASK Automotive Limited is a leading name in India’s auto ancillary sector, specializing in Advanced Braking Systems and Aluminium Lightweighting Precision Solutions for the two-wheeler market. With a dominant 50% market share, the company serves both Internal Combustion and Electric Vehicle segments, emphasizing safety, quality, and innovation. Operating 17 manufacturing facilities across India and exporting to 12 countries, ASK Automotive is renowned for its cutting-edge R&D that drives advancements in braking technology and lightweight solutions. From humble beginnings, it has emerged as a trusted partner in the global automotive industry.
Latest News on ASK Automotive
ASK Automotive has confirmed its participation in the Bharat Mobility Global Expo (BMGE) 2025, a prestigious event focusing on advancements in mobility and automotive technologies. The company plans to showcase its cutting-edge braking systems, lightweight precision solutions, and EV-compatible components, reinforcing its commitment to innovation and leadership in the automotive industry.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 85.00% | 85.00% | 85.00% | 78.95% |
| FIIs + | 4.92% | 4.48% | 4.91% | 9.16% |
| DIIs + | 3.83% | 4.02% | 4.20% | 4.51% |
| Public + | 6.25% | 6.51% | 5.87% | 7.38% |
| No. of Shareholders | 91,238 | 88,349 | 76,532 | 81,907 |
The shareholding pattern of ASK Automotive has seen notable changes over the given period. Promoters consistently held a significant majority of 85.00% until June 2024, followed by a decrease to 78.95% in September 2024. Foreign Institutional Investors (FIIs) showed fluctuating interest, rising from 4.92% in December 2023 to 9.16% in September 2024. Domestic Institutional Investors (DIIs) steadily increased their stake from 3.83% to 4.51% during the same period. Public shareholding experienced minor variations, reaching 7.38% by September 2024. Meanwhile, the number of shareholders decreased from 91,238 in December 2023 to 76,532 in June 2024, before rebounding to 81,907 in September 2024.
Below are the trading platforms that you can use to purchase ASK Automotive shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| January 2025 | 538.99 | 414.61 |
| February 2025 | 544.43 | 418.79 |
| March 2025 | 555.87 | 427.59 |
| April 2025 | 550.36 | 423.36 |
| May 2025 | 534.33 | 411.03 |
| June 2025 | 558.38 | 429.52 |
| July 2025 | 547.43 | 421.10 |
| August 2025 | 564.36 | 434.12 |
| September 2025 | 571.13 | 439.33 |
| October 2025 | 585.98 | 450.76 |
| November 2025 | 600.63 | 462.02 |
| December 2025 | 627.66 | 482.82 |
In 2025, ASK Automotive’s prices are projected to show steady growth. January may start with a maximum of ₹538.99 and a minimum of ₹414.61, while December could close at ₹627.66 and ₹482.82.
| When | Maximum Price | Minimum Price |
| January 2026 | 646.49 | 497.30 |
| February 2026 | 630.33 | 484.87 |
| March 2026 | 642.93 | 494.56 |
| April 2026 | 656.05 | 504.66 |
| May 2026 | 649.56 | 499.66 |
| June 2026 | 665.80 | 512.15 |
| July 2026 | 652.74 | 502.11 |
| August 2026 | 672.93 | 517.64 |
| September 2026 | 686.39 | 527.99 |
| October 2026 | 704.24 | 541.72 |
| November 2026 | 721.84 | 555.26 |
| December 2026 | 739.89 | 569.14 |
As we move through 2026, ASK Automotive’s prices are anticipated to exhibit consistent growth. Starting in January, the maximum price is projected to reach ₹646.49, with a minimum of ₹497.30. By December, the maximum price is expected to climb to ₹739.89, with a minimum of ₹569.14.
| When | Maximum Price | Minimum Price |
| January 2027 | 747.29 | 574.84 |
| February 2027 | 766.45 | 589.58 |
| March 2027 | 796.34 | 612.57 |
| April 2027 | 780.73 | 600.56 |
| May 2027 | 757.99 | 583.07 |
| June 2027 | 792.09 | 609.30 |
| July 2027 | 776.56 | 597.36 |
| August 2027 | 800.58 | 615.83 |
| September 2027 | 828.60 | 637.39 |
| October 2027 | 850.15 | 653.96 |
| November 2027 | 871.40 | 670.31 |
| December 2027 | 893.18 | 687.06 |
| When | Maximum Price | Minimum Price |
| January 2028 | 911.05 | 700.81 |
| February 2028 | 934.41 | 718.78 |
| March 2028 | 970.85 | 746.81 |
| April 2028 | 951.81 | 732.16 |
| May 2028 | 924.09 | 710.84 |
| June 2028 | 965.67 | 742.83 |
| July 2028 | 946.74 | 728.26 |
| August 2028 | 976.02 | 750.78 |
| September 2028 | 1,010.18 | 777.06 |
| October 2028 | 1,036.45 | 797.27 |
| November 2028 | 1,062.36 | 817.20 |
| December 2028 | 1,088.92 | 837.63 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,110.69 | 854.38 |
| February 2029 | 1,139.17 | 876.29 |
| March 2029 | 1,183.60 | 910.46 |
| April 2029 | 1,160.39 | 892.61 |
| May 2029 | 1,126.60 | 866.61 |
| June 2029 | 1,177.29 | 905.61 |
| July 2029 | 1,154.21 | 887.85 |
| August 2029 | 1,189.91 | 915.31 |
| September 2029 | 1,231.55 | 947.35 |
| October 2029 | 1,263.57 | 971.98 |
| November 2029 | 1,295.16 | 996.28 |
| December 2029 | 1,327.54 | 1,021.19 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,354.09 | 1,041.61 |
| February 2030 | 1,388.81 | 1,068.32 |
| March 2030 | 1,442.98 | 1,109.98 |
| April 2030 | 1,414.68 | 1,088.22 |
| May 2030 | 1,373.48 | 1,056.52 |
| June 2030 | 1,435.28 | 1,104.06 |
| July 2030 | 1,407.14 | 1,082.42 |
| August 2030 | 1,450.66 | 1,115.89 |
| September 2030 | 1,501.43 | 1,154.95 |
| October 2030 | 1,540.47 | 1,184.98 |
| November 2030 | 1,578.98 | 1,214.60 |
| December 2030 | 1,618.46 | 1,244.97 |
As we progress through 2030, ASK Automotive’s prices are expected to show a strong upward trend. In January, the maximum price is anticipated to reach ₹1,354.09, with a minimum of ₹1,041.61. By December, these values are projected to rise significantly, with a maximum of ₹1,618.46 and a minimum of ₹1,244.97.
ASK Automotive Financial Condition
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,645 | 1,544 | 2,013 | 2,555 | 2,995 | 3,380 |
| Expenses + | 1,436 | 1,362 | 1,847 | 2,325 | 2,694 | 3,000 |
| Operating Profit | 209 | 182 | 166 | 231 | 301 | 380 |
| OPM % | 13% | 12% | 8% | 9% | 10% | 11% |
| Other Income + | 7 | 24 | 11 | 11 | 27 | 23 |
| Interest | 20 | 11 | 8 | 11 | 29 | 33 |
| Depreciation | 52 | 52 | 56 | 61 | 69 | 79 |
| Profit before tax | 144 | 143 | 113 | 170 | 230 | 291 |
| Tax % | 18% | 26% | 27% | 28% | 24% | |
| Net Profit + | 107 | 106 | 83 | 123 | 174 | 222 |
| EPS in Rs | 21.03 | 5.22 | 4.11 | 6.24 | 8.81 | 11.24 |
| Dividend Payout % | 2% | 0% | 0% | 0% | 11% |
ASK Automotive has demonstrated steady financial growth over the years, showcasing resilience and a commitment to operational efficiency. Between March 2020 and the trailing twelve months (TTM), the company’s sales surged from ₹1,645 crore to ₹3,380 crore, reflecting a strong growth trajectory. Expenses followed a similar pattern, increasing from ₹1,436 crore in March 2020 to ₹3,000 crore in the TTM, while operating profit rose from ₹209 crore to ₹380 crore, with OPM% improving from 8% in March 2022 to 11% in the TTM.
Net profit for ASK Automotive grew significantly, from ₹107 crore in March 2020 to ₹222 crore in the TTM, supported by consistent growth in other income and efficient cost management. EPS increased from ₹21.03 to ₹11.24 during the same period, indicating strong returns for shareholders. Additionally, the company reinstated dividend payouts, reaching an 11% payout in March 2024, highlighting its focus on rewarding investors. These financial metrics underline ASK Automotive’s strong performance and solid market positioning.
FAQs
What is the current market capitalization of ASK Automotive?
ASK Automotive’s current market capitalization stands at ₹9,735 crore.
As of January 05th, 2025, ASK Automotive’s share price is ₹494.
ASK Automotive’s expected share price targets for 2025 range from ₹411.03 to ₹627.66.
ASK Automotive’s forecasted share price targets for 2030 range from ₹1,041.61 to ₹1,618.46.
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Conclusion: ASK Automotive’s Financial Challenges and Strategic Outlook
In conclusion, ASK Automotive’s strong financial growth, market leadership, and commitment to innovation position it as a key player in the global automotive sector. With impressive revenue growth, rising profits, and shareholder-focused strategies, the company has showcased resilience and adaptability. Its participation in the Bharat Mobility Global Expo 2025 further emphasizes its forward-looking approach and dedication to technological advancements. ASK Automotive is well-poised for continued success, leveraging its expertise in braking systems and lightweight solutions to drive growth in both ICE and EV markets.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading ASK Automotive. This post on ASK Automotive share price target from 2025 to 2030 is for educational purposes only.
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