Automotive Stampings and Assemblies Limited

Automotive Stampings and Assemblies Limited (ASAL) is a micro-cap Automobile and Auto Components company valued at ₹668 crore operating in Auto Components & Equipments on the NSE and BSE.

Recent price move

Automotive Stampings and Assemblies Limited last traded at ₹412, down 2.40% on the day.

Recent developments

On 2026-09-27, the company reported a surge in net profit, rising 85% in the first quarter of FY27 to ₹5 crore, reflecting strong performance in the latest quarter.

Financial performance

The company's business has improved, with annual net profit rising 62.8% to ₹28 crore, while revenue grew 14.9% to ₹891 crore. The latest quarter saw net profit jump 84.6% to ₹5 crore, outpacing the year-ago quarter's ₹3 crore, though revenue in the quarter rose 46.4% to ₹253 crore. The net profit margin widened to 3.1% from 2.2% in the prior year, and return on equity remains strong at 76.5%.

Valuation multiples

The stock trades at 23.6 times earnings, 20.54 times book value.

Things to watch

The company has a high debt to equity ratio of 1.94, which could increase financial risk. It has not paid out dividends despite repeated profits, which may concern long-term investors. The stock is 30.2% below its 52-week high, indicating a significant drop from recent peak levels.

Where it stands

The company has shown strong growth in both revenue and net profit, with the latest quarter marking a notable increase in earnings. The net profit margin has also improved, and return on equity remains robust. However, the stock is trading significantly below its 52-week high, and the company's high debt to equity ratio presents a key risk.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.