526433
ASM Technologies share price & financials
- Price
- ₹3,886.05
- Market cap
- ₹10.1k Cr
- Sector
- Information Technology
- Calls analysed
- 1
ASM Technologies Q2 FY26
Q2 FY26 Revenue Growth 1.71 yoy_growth (+171% YoY); Q2 FY26 EBITDA ₹31 cr; Q2 FY26 EBITDA Margin 19.7%. Q2 FY26 revenue grew by 171% year-over-year.
Read the full call →What ASM Technologies does
ASM Technologies is an end-to-end engineering research & development (ER&D) and Design-Led Manufacturing (DLM) company that takes client products from concept design through to precision manufacture of mechanical and electronic components in-house. It serves hi-tech equipment/semiconductor, solar, and transportation (automotive, off-highway vehicle) OEMs globally, earning through project-based engineering design services and manufacturing/machining of complex, low-to-mid volume precision parts and sub-assemblies. It operates through subsidiaries including RV Forms & Gears (fixtures for automotive/machine-tool/electronics OEMs), Semcon Engineering (UK) and a joint venture, ASM-HHV Engineering, building equipment for the semiconductor and solar industries.
Segments
- Design-Led Manufacturing (DLM)
- Engineering Research & Development (ER&D)
- Manufacturing facilities
- 7 (3 Bangalore, 3 Chennai, 1 Vietnam)
- Global development centres
- 9
- Offices worldwide
- 10
- Key overseas markets
- USA, Singapore, UK, Canada, Japan, Thailand, Mexico, Vietnam
- Years of operating history
- 30+ (incorporated 1992)
- Top-10 customer revenue concentration
- ~60% of revenue from top 10 customers
Guidance record · Q2 FY26
what the last two calls moved 6 tracked 0 delivered 0 missed 6 open- Revenue Growth open said Q2 FY26 Promised: We believe that we can continue this growth momentum in the second half of the year. Q2 FY26: Management guided for continued momentum in H2 FY26.
All 6 tracked — every revision, and every one management stopped mentioning.
Open the guidance ledgerQuarterly results
Q1 FY27: revenue up 61.8%, net profit up 68.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 57 | 65 | 115 | 123 | 154 +170% | 116 +78% | 135 +17% | 199 +62% |
| EBITDA | 6 | 12 | 25 | 26 | 30 +400% | 19 +58% | 25 +0% | 46 +77% |
| Net profit | 2 | 5 | 15 | 16 | 19 +850% | 9 +80% | 17 +13% | 27 +69% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +71.1% 1Y
1Y: ₹4,029.6 on 10 Sept 2025 → ₹6,895.1. High ₹6,993.05 (10 Sept 2026), low ₹2,139.7 (16 Mar 2026).
How the price took the results
close before → close after
- Q2 FY26
- +1.3%
- 10 Nov
The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.
Financials, as filed
Revenue grew 33.9% a year over 3 years, FY23 to FY26. Operating margin widened to 18.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹220 Cr | ₹202 Cr | ₹290 Cr | ₹528 Cr |
| Operating profit | ₹18 Cr | ₹5 Cr | ₹47 Cr | ₹100 Cr |
| Operating margin | 8.3% | 2.5% | 16.2% | 18.9% |
| Interest | ₹7 Cr | ₹11 Cr | ₹12 Cr | ₹8 Cr |
| Depreciation | ₹9 Cr | ₹12 Cr | ₹9 Cr | ₹14 Cr |
| Net profit | ₹6 Cr | ₹-7 Cr | ₹25 Cr | ₹61 Cr |
| Net margin | 2.8% | -3.5% | 8.6% | 11.6% |
| Cash from operations | ₹20 Cr | ₹-1 Cr | ₹-23 Cr | ₹68 Cr |
| Free cash flow | ₹1 Cr | ₹-3 Cr | ₹-50 Cr | ₹-25 Cr |
| ROCE | 13.0% | -1.0% | 19.0% | 27.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹10 Cr | ₹10 Cr | ₹10 Cr | ₹12 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹47 Cr | ₹56 Cr | ₹61 Cr | ₹130 Cr | ₹280 Cr | ₹292 Cr |
| Borrowings | ₹35 Cr | ₹51 Cr | ₹74 Cr | ₹82 Cr | ₹53 Cr | ₹128 Cr |
| Other liabilities | ₹24 Cr | ₹30 Cr | ₹23 Cr | ₹14 Cr | ₹60 Cr | ₹68 Cr |
| Total liabilities | ₹116 Cr | ₹146 Cr | ₹169 Cr | ₹238 Cr | ₹408 Cr | ₹503 Cr |
| Fixed assets | ₹16 Cr | ₹28 Cr | ₹48 Cr | ₹49 Cr | ₹84 Cr | ₹120 Cr |
| Capital work in progress | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr | ₹7 Cr |
| Investments | ₹17 Cr | ₹24 Cr | ₹27 Cr | ₹28 Cr | ₹82 Cr | ₹88 Cr |
| Other assets | ₹81 Cr | ₹94 Cr | ₹93 Cr | ₹162 Cr | ₹242 Cr | ₹288 Cr |
| Total assets | ₹116 Cr | ₹146 Cr | ₹169 Cr | ₹238 Cr | ₹408 Cr | ₹503 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −1.34 pp while promoters added +0.82 pp. The shareholder count grew 32% to 28,766.
- Promoters
- 57.6%
- FIIs
- 0.5%
- DIIs
- 0.7%
- Public
- 41.1%
Since Jun 2025
- Public −1.34 pp
- Promoters +0.82 pp
- DIIs +0.70 pp
How it drifted, 12 quarters
Over this window promoters fell from 62.8% to 57.6% — −5.1 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 62.8%, FIIs 0.0%, Public 37.2%.Dec '23: Promoters 62.8%, DIIs 0.0%, Public 37.2%.Mar '24: Promoters 61.5%, FIIs 0.7%, Public 37.8%.Jun '24: Promoters 61.5%, FIIs 0.3%, Public 38.2%.Sep '24: Promoters 57.1%, FIIs 0.2%, DIIs 0.0%, Public 42.7%.Dec '24: Promoters 57.1%, FIIs 0.2%, Public 42.7%.Mar '25: Promoters 57.1%, FIIs 0.2%, Public 42.7%.Jun '25: Promoters 56.8%, FIIs 0.7%, DIIs 0.0%, Public 42.5%.Sep '25: Promoters 57.4%, FIIs 0.5%, DIIs 0.1%, Public 42.0%.Dec '25: Promoters 58.0%, FIIs 0.5%, DIIs 0.4%, Public 41.2%.Mar '26: Promoters 58.0%, FIIs 0.2%, DIIs 0.4%, Public 41.4%.Jun '26: Promoters 57.6%, FIIs 0.5%, DIIs 0.7%, Public 41.1%.
Who is on the register
Named in the Jun 2026 filing
Every holder of ASM Technologies above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Rabindra Srikantan | 44.29% | unchanged |
| Mukul Mahavir Agrawal | 10.28% | unchanged |
| R Preeti | 6.51% | unchanged |
| Sundar Kannan | 4.89% | −0.12 pp |
| Ids Systems Llp | 2.73% | −0.31 pp |
| Akhil R | 2.06% | unchanged |
| Nikhil R | 2.06% | unchanged |
| Iepf | 1.54% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse ASM Technologies
Guides on how to read this kind of business and the numbers that matter.