BSEResult2d ago · 7 Nov 2026, 05:21 pm

Enclosed

ASM Technologies Ltd · 526433

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ASM Technologies Ltd has released its unaudited financial results for the quarter and period ended 30th September 2026, in compliance with Regulation 33(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results have been prepared as per Indian Accounting Standards (Ind-AS) and have been taken on record at the meeting of the Board of Directors held on 7th November 2026. Limited Review Report of the Auditors for the financials (standalone & consolidated) for the period ended 30th September 2026 is also enclosed.

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Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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ASM Technologies Ltd - 526433 - Results For The Period And Quarter Ended 30Th September 2026

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7th November, 2026 Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers, 25th Floor, Dalal Street, Mumbai - 400 001. Sub : Regulation 33(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 -- Unaudited Financial Results (standalone & Consolidated) of the Company for the quarter and period ended 30th September, 2026 In compliance with Regulation 33(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we herewith enclose the Unaudited Financial Results (standalone & consolidated) of the Company for the quarter and period ended 30th September 2026, prepared as per Indian Accounting Standards (Ind-AS) and which have been taken on record at the meeting of the Board of Directors held today, 7th of November, 2026. Limited Review Report of the Auditors for the financials (standalone& consolidated) for the period ended 30th September, 2026 is also enclosed. We have made arrangements to get the accounts published in one national newspaper and one regional newspaper. This is for your kind information. Thanking You, Sincerely, For ASM Technologies Limited Vanishree Kulkarni Company Secretary and Compliance Officer(FCS:13306) Address:80/2 Lussane Court Richmond Road, Bangalore 560025 B.K, Ramadhyani I Co LLP Chartered Accountants INDIA Independent Auditor’s Review Report on Review of Consolidated Unaudited Quarter and Half Year Financial Results of the Company pursuant to the Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 The Board of Directors ASM Technologies Limited Bengaluru 1. We have reviewed the accompanying statement of unaudited consolidated financial results (“the Statement”) of ASM Technologies Limited (“the Parent”) and its subsidiaries (the Parent and its subsidiaries together referred to as “the Group”) for the quarter and half year ended September 30, 2026 (“the Statement™) being submitted by the Company pursuant to the requirement of Regulation 33 of Securities Exchange Board of India (“SEBI”) (Listing Obligation and Disclosure Requirements) Regulations, 2015, as modified by Circular No. CIR/CFD/FAC/62/2016 dated July 5, 2016. 2. This Statement, which is the responsibility of the Parent’s management and approved by the Parent’s Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 “Interim Financial Reporting” (“Ind AS 34”) prescribed under Section 133 of Companies Act, 2013 (“the Act”) as amended read with relevant rules issued thereunder and other accounting principles generally accepted in India. Our responsibility is to issue a report on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by the Institute of Chartered Accountants of India. A review of Interim Financial Information consists of making inquiries, primarily of persons responsible for financial and accounting matters and applying analytical and other review procedures. A review is substantially less in scope than audit conducted in accordance with Standards of Auditing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit and accordingly, we do not express audit opinion. 4. The Statement includes the results of the following entities: a. ASM Digital Technologies Inc., USA - Subsidiary b. ASM Digital Technologies Pte Ltd, Singapore — Subsidiary c. RV Forms & Gears LLP - Subsidiary verted from Partnership firm “B K Ramadhyani & Co.,” (FRN No. 002878S) with effect from April 1, 2015 LLP Identification No. AAD-7041 48, Chitrapur Bhavan, No.68, 8t Main, 15 Cross, Malleshwararm, Bangalore— 560 055 Phone: +31 80 2346 4700 (6 Lines) Tele Fax: +91 80 2334 8964 & - mail: bkr@ramadhyani.com Web: www.ramadhyani.com B.K, Ramadhyani el Co LLP ASM Technologies KK, Japan — Subsidiary ASM HHV Private Limited — Jointly controlled entity ASM Digital Technologies Co Ltd, Thailand — Step-down subsidiary ASM Engineering Pvt Limited, United Kingdom - subsidiary ASM Digital Engineering Private Limited, United Kingdom - Step-down subsidiary i. ASM Technologies Viet Nam Company Limited, Vietnam — subsidiary j. Asmaitha Wireless Technologies Private Limited. 5. Emphasis of Matter: a. Attention is invited to Note 7 to the Statement, which describes the Company’s non-current investments in Eclectic 1Q (formerly Polylogyx) and Lavelle Networks Private Limited, carried at a cost of Rs. 8.03 million and Rs. 55.00 million respectively, with disclosed fair values of Rs. 12.65 million and Rs. 64.25 million. As stated in the note, the Company is in process of obtaining valuation reports for these investments in accordance with Ind AS 109 — Financial Instruments as at March 31, 2026 or current reporting period. Due to certain restrictions, management is unable to obtain the necessary cash flow data and other information required to perform a formal valuation as of the reporting date. However, based on recent investments in these entities and expected investments in the current year, management is of the opinion that there has been a substantial increase in the value of these investments and that no impairment exists as at the reporting date as represented to us. b. Attention is invited to Note 8 of the Statement, which describes that the Company has implemented a new ERP system, TCS iON™, which is presently undergoing stabilisation. Management is in the process of addressing certain system bugs, process deficiencies/inaccuracies or inconsistencies identified in certain reports generated by the system. These included areas related to certain opening balances fed at the time of implementation, inventory valuation, amortisation of prepaid expenses, ageing of debtors and creditors, fixed asset register and unbilled receivables. Company carried out necessary rectifications to the extent identified outside the ERP system, including, in certain cases, adjustments based on management estimates as may be required. Management has represented that any unrectified errors or discrepancies remaining as of the reporting date are not expected to have a material impact on the financial results. Further, it is informed that Management will continue to undertake corrective actions to stabilize the ERP system and to resolve the identified bugs, process deficiencies and reporting inaccuracies. We have not modified our opinion in respect of the above matters. 6. Other Matters: i. We did not review the financial results of three foreign subsidiaries considered in the preparation of this statement, which constitute total revenues of Rs.47.72 million and net loss of Rs.10.32 million for the half year ended September 30, 2026. The unaudited financial results and other financial information in respect of three B.K, Ramadhyani eI Co LLP foreign subsidiaries are based on management certification and our opinion on the statement, to the extent they have been derived from such financial results, is solely on the basis of the said management certification. Our review report is not modified in respect of this matter. ii. The company has assessed goodwill of its new subsidiary Asmaitha Wireless Technologies Private Limited based on the unaudited financial statements certified by the management. 7. Based on our review conducted as above, nothing has come to our attention that causes us to believe that the accompanying Statement of unaudited consolidated financial results prepared in accordance with applicable accounting standards i.e. Indian Accounting Standards prescribed under Section 133 of the Act, read with relevant rules issued thereunder or by the Institute of Chartered Accountants of India and other recognized accounting practices and policies has not d [Showing first 8,000 characters — download PDF for full document]