ASM Technologies Limited Q2 Income Rises 72.7% to ₹269 Crore

ASM Technologies Limited reported consolidated total income of ₹269.01 crore in Q2 FY27, a 72.7% year-on-year increase, while consolidated net profit stood at ₹28.90 crore for the quarter ended September 30, 2026. The company also declared a second interim dividend of ₹6 per share.

What did ASM Technologies report for Q2 FY27?

ASM Technologies reported consolidated total income of ₹269.01 crore for Q2 FY27, compared with ₹155.74 crore in Q2 FY26. The 72.7% year-on-year rise was accompanied by a 33.9% sequential increase from ₹200.85 crore in Q1 FY27. Consolidated net profit for the quarter was ₹28.90 crore, with basic earnings per share of ₹18.39.

On a standalone basis, total income was ₹222.91 crore, up 56.3% from ₹142.65 crore a year earlier and 13.7% above the preceding quarter. Standalone net profit came in at ₹27.11 crore, compared with ₹19.82 crore in Q2 FY26, representing growth of 36.8%. Standalone basic earnings per share was ₹18.58.

The results were included in the unaudited standalone and consolidated financial statements approved by the board for the quarter and half year ended September 30, 2026. The filing was made with BSE on November 7, 2026.

How did the half-year performance compare with last year?

ASM Technologies recorded consolidated revenue of ₹467.19 crore and net profit of ₹61.30 crore in the first half of FY27, compared with revenue of ₹277.38 crore and net profit of ₹34.69 crore in H1 FY26. The disclosed figures show that the company generated substantially higher revenue and profit during the first six months of the financial year.

Standalone H1 revenue stood at ₹415.13 crore, against ₹248.18 crore in the corresponding period a year earlier. Standalone net profit rose to ₹54.15 crore from ₹36.15 crore. These reported numbers provide the broader context for the Q2 performance, following the company's earlier statement that Q1 FY27 revenue and profit had risen year on year.

The company operates in engineering research and development and precision manufacturing. Its disclosed service areas include semiconductors, electronics, solar, aerospace and other advanced industries. It has development centres and manufacturing operations across India and Vietnam, along with international offices in the United States, the United Kingdom and Singapore.

Why did the board declare an interim dividend?

ASM Technologies declared a second interim dividend of ₹6 per share, according to the board-meeting disclosure dated November 7, 2026. The record date has been set as November 16, 2026, and the dividend is scheduled to be paid by December 5, 2026.

The filing describes the dividend as the second interim dividend for FY2025-26. The board also took on record the unaudited financial results for the quarter and half year ended September 30, 2026. Investors eligible on the stated record date will be relevant to the announced dividend payment.

What issues did the auditors and management identify?

The auditors highlighted pending formal valuations of certain investments and the stabilisation of a new enterprise resource planning system as emphasis-of-matter points. Their conclusions on the results were not modified, according to the board-meeting highlights.

Management has said it plans further corrective actions to stabilise the new ERP system and address identified system and reporting issues. The company also has an action plan to reduce operating costs at two overseas subsidiaries. It is authorised to provide further funding to those subsidiaries if required.

These disclosures are relevant because financial controls, reporting systems and overseas operating costs can affect execution and financial visibility. The filing does not quantify the potential financial effect of the ERP-related measures, investment valuations or additional subsidiary funding.

How does the Q2 result affect investors and operations?

For investors, the reported data show a sharp increase in consolidated income and a positive standalone profit comparison from the year-earlier period. Consolidated total income increased by ₹113.27 crore year on year in Q2, while standalone net profit increased by ₹7.29 crore. The ₹6-per-share dividend provides a defined near-term corporate action, with a record date and payment schedule disclosed by the company.

For operations, ASM Technologies continues to build capabilities across engineering, manufacturing and industrial technology. Its investor presentation referred to a proposed ₹48 crore minority investment in Myelin Foundry for industrial artificial intelligence capabilities and a proposed 51% acquisition of Asmaitha Wireless for embedded, firmware and wireless engineering expertise. These were presented as proposed transactions, not completed transactions.

The company had also cited a ₹510 crore Karnataka investment for capacity expansion in an earlier FY27 investor presentation. The current quarterly filing does not provide an update on the timing, funding or execution status of that investment. As a result, the reported Q2 numbers and disclosed operational actions are the principal confirmed reference points for assessing the period.

Conclusion

ASM Technologies delivered consolidated Q2 FY27 total income of ₹269.01 crore, up 72.7% year on year, alongside a reported net profit of ₹28.90 crore. Standalone income and profit also increased from the corresponding quarter, while the board declared a ₹6-per-share second interim dividend with payment due by December 5, 2026.

The next disclosed dates to watch are November 16, 2026, the dividend record date, and December 5, 2026, the scheduled payment date. Investors may also track management's corrective work on ERP stabilisation, cost actions at overseas subsidiaries, pending investment valuations and updates on the company's proposed capability-building transactions.