Please find enclosed herewith transcript of Investor/analyst Call organized on November 04, 2026, post declaration of Unaudited Financial Results of the Company (Standalone and Consolidated) for the quarter and half year ended on September 30, 2026.

ASK AUTOMOTIVE LIMITED November 09, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block - G, Bandra Kurla Dalal Street, Mumbai - 400 001 Complex, Bandra (East), Mumbai - 400 051 Scrip Code: 544022 Symbol: ASKAUTOLTD ISIN No.: INE491J01022 ISIN No.: INE491J01022 Re.: ASK Automotive Limited Re.: ASK Automotive Limited Sub: Transcript of Investors/analysts Call – Q2 & H1 FY 2026-27 Unaudited Financial Results Dear Sir/Madam, Pursuant to the requirement of Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith Transcript of Investors/analysts Call organized on November 04, 2026, post declaration of Unaudited Financial Results of the Company (Standalone & Consolidated) for the quarter and half year ended on September 30, 2026. The same shall be available on our website i.e. www.askbrake.com. Kindly take the above information on your record. Thanking you. For ASK Automotive Limited Rajani Sharma Company Secretary &Compliance Officer Membership No.: ACS14391 Encl: As above Corporate Office: - Registered Office: Plot No. 13-14, Sector - 5, I.M.T. Manesar, Flat No. 104, 929/1, Naiwala, Distt. Gurgaon. PIN - 122050 (Hr.) IATF ISO ISO ISO Faiz Road, Karol Bagh, Ph: 0124 - 4396900 New Delhi - 110 005 e-mail: info@askbrake.com Tel: 011-28758433, 28759605 : roc@askbrake.com 011-28752694, 43071516 Website : www.askbrake.com CIN: L34300DL1988PLC030342 “ASK Automotive Limited Q2 & H1 FY27 Post Results Earnings Conference Call” November 04, 2026 MANAGEMENT: MR. KULDIP SINGH RATHEE – CHAIRMAN AND MANAGING DIRECTOR MR. PRASHANT RATHEE – JOINT MANAGING DIRECTOR MR. AMAN RATHEE – JOINT MANAGING DIRECTOR MR. NARESH KUMAR – CHIEF FINANCIAL OFFICER MR. MANOJ SHARMA – CHIEF GENERAL MANAGER - INVESTOR RELATIONS MODERATOR: MR. RUSHABH SHAH – ADFACTORS PR Page 1 of 13 ASK Automotive Limited November 04, 2026 Moderator: Ladies and gentlemen, good day, and welcome to ASK Automotive Q2 and H1 FY27 Post Results Earnings Conference Call, hosted by Adfactors PR. As a reminder, all participant lines will be in the listen-only mode. And there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Rushabh Shah from Adfactors PR. Thank you, and over to you, sir. Rushabh Shah: Thank you, Palak. A very good evening to everyone and welcome to the Q2 and H1 FY27 Earnings Call of ASK Automotive. From the senior management, we have with us Mr. Kuldip Singh Rathee, Chairman and Managing Director, Mr. Prashant Rattee, Joint Managing Director, Mr. Aman Rattee, Joint Managing Director, Mr. Naresh Kumar, Chief Financial Officer, and Mr. Manoj Sharma, Chief General Manager, Investor Relations. Before we begin the earnings call, I would like to mention that some of the statements made during today's call may be forward-looking in nature, and hence may involve risk and uncertainties, including those related to future financials and operating performance of the company. Please bear with us if there is a call drop during the course of the conference call, we would ensure that the call is reconnected at the earliest. I would now like to hand over the call to Mr. Kuldip Singh Rathee, Chairman and Managing Director for his opening remarks. Thank you, and over to you, sir. Kuldip Singh Rathee: Good evening, ladies and gentlemen. It is my great pleasure to welcome you all to our Q2 and H1 FY27 earnings conference call. I hope you have had the opportunity to review the detailed presentation submitted to the exchanges and available on our website. FY27 has begun on a resilient note for the Indian economy, with GDP growing 7.8% in the first quarter ahead of expectations, supported by strong investment and steady consumption. The GST 2.0 reforms have helped improve affordability across vehicle segments. The Indian automobile sector delivered a strong first half of FY27, with every segment recording its highest- ever second-quarter domestic sales. Now, let me begin by sharing a quick overview of the broader industry as reported by SIAM. In H1 FY27, overall vehicle production across all segments registered a robust year-on-year growth of 20.3%. The two-wheeler segment, which is most relevant to us, recorded domestic production of 153.7 lakh units in H1 FY27, up 19.5% from 128.6 lakh units in H1 FY26. In Q2 alone, production touched 81 lakh units as compared to 69.5 lakh units in the same quarter last year. The festive season is underway, consumer sentiment is improving, and we expect further support from the 8th Pay Commission, new model launches, and a gradual replacement cycle. Moving on to business updates. I'm delighted to share with you that we had a strong performance in the second quarter and the first half in both revenue and profitability. This is the 12th Page 2 of 13 ASK Automotive Limited November 04, 2026 consecutive quarter of robust performance of us since listing of the company. Happy to share that we have achieved highest-ever quarterly revenue, EBITDA and PAT. During Q2 FY27, we delivered strong performance in business and recorded consolidated revenue growth of 47.5%. When we see excluding pass-through impact of significant increase in alloy prices on revenue, which is 23%, and wheel assembly business strategic reduction, which is 5%, so overall net revenue has grown by 29.5% on year-on-year basis. We continue to outperform the two-wheeler industry, achieving net revenue growth of 29.5% compared with industry vehicle production growth of 16.5%. Achieved EBITDA of INR185 crores with 30% year-on-year growth. EBITDA margin at 11.8%. However, EBITDA margin percentage appears lower due to pass-through alloy prices. Achieved PAT of INR102 crores with 27.3% year-on-year growth. With strong performance, our earnings per share has increased to INR5.15 per share against INR4.05 per share in the last year's same period. Our all three product segments performed well in terms of revenue growth. Revenue from advanced braking system grew by 46% year-on-year, while aluminium lightweighting precision solutions and safety control cables recorded revenue growth of 69% and 33%, respectively. Export revenue rose by 133.3% year-on-year to INR70 crores compared with INR30 crores in the corresponding period last year. As a result, in first half of FY27, we delivered strong performance in business and recorded consolidated revenue growth of 49.6%. So when we exclude the pass-through impact of significant increase in alloy prices on revenue, which is 27.1%, and wheel assembly business strategic reduction, which is 5.1%, so overall net revenue has grown by 27.6% on year-on-year basis. We achieved EBITDA of INR348 crores with 31.3% year-on-year growth. EBITDA margin at 11.9%. However, EBITDA percentage lower due to pass-through alloy prices. Achieved PAT of INR187 crores with 28% year-on-year growth. Earning per share increase to INR9.47 against INR7.40 in the last year in the same period, up 28% year-on-year. Our all three product segments performed well in H1 FY27 in terms of revenue growth. Revenue from advanced braking system grew by 47% year-on-year, while aluminium lightweighting precision solutions and safety control cables recorded revenue growth of 72% and 27%, respectively. Export revenues rose by 74% year-on-year to INR109 crores compared with INR63 crores in the corresponding period last year. This reflects the result of our continued focus on expanding value-added businesses, improving utilization of production capacities, and bringing cost efficiencies. We continued to outperform the two-wheeler industry, achieving that revenue growth of 27.6% compared with industry weaker production growth of 19.5% [Showing first 8,000 characters — download PDF for full document]