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Automotive Stampings & Assemblies Ltd

| Audited Financial Results for Q4 and Year Ended March 31, 2026

Report Source

⬤25th Apr 26

Summary : Automotive Stampings and Assemblies Limited reported strong FY26 financial results with increased revenue, profit, and positive operating cash flow, receiving an unmodified audit opinion.

Quarterly Report Analysis & Insights

Financial Disclosures

  1. Cost of materials consumed: INR 64,081.79 Lakhs (FY26).
  2. Employee benefits expense: INR 5,205.86 Lakhs (FY26).
  3. Finance costs: INR 1,414.90 Lakhs (FY26).
  4. Depreciation and amortisation expense: INR 1,978.88 Lakhs (FY26).
  5. Other expenses: INR 14,148.69 Lakhs (FY26).
  6. Revenue from operations: INR 89,052.42 Lakhs (FY26) vs INR 77,528.32 Lakhs (FY25).
  7. Other income: INR 167.53 Lakhs (FY26) vs INR 298.79 Lakhs (FY25).
  8. Net cash from operating activities: INR 5,897.48 Lakhs (FY26) vs (INR 671.94) Lakhs (FY25).
  9. Net cash used in investing activities: (INR 574.18) Lakhs (FY26) vs (INR 1,549.71) Lakhs (FY25).
  10. Net cash used in financing activities: (INR 3,865.90) Lakhs (FY26) vs INR 2,473.91 Lakhs (FY25).
  11. Cash and cash equivalents at March 31: INR 1,897.67 Lakhs (FY26) vs INR 440.27 Lakhs (FY25).
  12. Total Assets: INR 33,531.10 Lakhs (Mar 2026) vs INR 29,430.42 Lakhs (Mar 2025).
  13. Total Equity: INR 3,616.10 Lakhs (Mar 2026) vs INR 873.55 Lakhs (Mar 2025).
  14. Total Liabilities: INR 29,915.00 Lakhs (Mar 2026) vs INR 28,556.87 Lakhs (Mar 2025).
  15. Current Assets: INR 22,214.65 Lakhs (Mar 2026) vs INR 16,980.96 Lakhs (Mar 2025).
  16. Current Liabilities: INR 24,549.62 Lakhs (Mar 2026) vs INR 22,997.97 Lakhs (Mar 2025).
  17. Standalone results, no subsidiaries/associates/joint ventures.

Corporate Overview

  1. Registered office in Pune, India.
  2. Manufacturing plants in Chakan (Pune), Uttarakhand, Sanand (Ahmedabad), Jamshedpur.
  3. Assessing impact of new Labour Codes on employee benefits.
  4. Manufacturing of automotive stampings and assemblies.
  5. Operates solely in the 'Automobile components' segment.
  6. Formal and informative, reporting board meeting outcomes.
  7. Implied to be within the automotive industry.
  8. Single reportable segment: Automobile components.

Risk Factors

  1. Uncertainty from new labor codes.
  2. Dependence on automotive components segment.
  3. Managing working capital requirements.
  4. Future regulatory changes could impact.

Key Drivers

  1. Strong revenue and profit growth.
  2. Significant increase in operating cash.
  3. Unmodified audit opinion received.
  4. Re-appointment of key auditors.

Auditor’s Report

  1. Unmodified opinion on annual financial results.
  2. Annual results include balancing figures from audited full year and unaudited Q3.

Board Commentary

  1. Re-appointment of Harshad S Deshpande and Associates as Cost Auditors for FY 2026-27.
  2. Re-appointment of Ernst & Young LLP as Internal Auditors for FY 2026-27.
  3. Impact of new Labour Codes (INR 108.14 Lakhs exceptional item).

Corporate Governance

  1. Audit Committee recommended auditor re-appointments.

Management Discussion & Analysis

Risk Control Measures

  1. Monitoring developments on new Labour Codes and seeking guidance.

Critical Risks

  1. Uncertainty regarding new Labour Codes implementation.