ASM Technologies (526433) Q4 25/26 earnings summary

Executive summary

• FY26 consolidated revenue was ₹5,285.17m and net profit ₹607.59m; standalone revenue was ₹4,797.86m and net profit ₹639.92m. Auditors issued unmodified opinions.

• Consolidated revenue grew 83% YoY, with EBITDA of ₹101.1 Cr and PAT of ₹60.8 Cr, reflecting growth across DLM and ER&D.

• Strong enquiry pipeline and order visibility support the growth outlook; three FY26 facility openings expanded operations to seven sites.

Financial highlights

• FY26 revenue was ₹4,797.86m standalone and ₹5,285.17m consolidated, versus ₹2,397.73m and ₹2,888.10m in FY25.

• FY26 net profit was ₹639.92m standalone and ₹607.59m consolidated, versus ₹262.95m and ₹250.63m in FY25.

• FY26 consolidated EBITDA was ₹101.1 Cr, up 113.8%; margin expanded to 19.1% from 16.4%. PAT was ₹60.8 Cr, up 137.7%, with an 11.5% margin.

• Q4 consolidated revenue was ₹1,351.18m versus ₹1,145m; EBITDA was ₹25.3 Cr versus ₹25.4 Cr, while PAT was ₹167.54m.

• FY26 EPS was ₹53.78 standalone and ₹41.65 consolidated; the Board declared a final dividend of ₹12 per share.

Outlook and guidance

• Healthy enquiry pipeline and strong order visibility support management’s commitment to sustain growth momentum.

• Proposed ₹510 Cr Karnataka investment would expand design-led manufacturing and precision engineering capacity through facilities in Dabaspet and Sriperumbudur.

• Management expects to reduce operating costs at ASM Digital Technologies Pte Ltd and ASM Technologies KK and may provide further funding as required.

• Further investment in Eclectic IQ and Lavelle Networks is expected in the ensuing year; investments were considered unimpaired pending formal valuation reports.