Ashika Credit Capital Ltd
NSE: ASHIKA BSE: 543766
Incorporated in 1994, Ashika Credit Capital Ltd provides loans and advances, inter-corporate deposits, loans against securities, and investments in shares and securities[1]
₹380
52W: ₹286 — ₹443
PE 37.6 · Book ₹138 · +175% vs bookMarket Cap₹1,700 Cr
Stock P/E37.6Price to Earnings
ROCE16.6%Return on Capital
ROE10.3%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Company has reduced debt.
- +Company is almost debt free.
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 94.4% CAGR over last 5 years
Weaknesses
- −Stock is trading at 2.72 times its book value
- −Company has a low return on equity of 0.60% over last 3 years.
Shareholding Pattern
Promoters58%
FIIs0.73%
DIIs0.73%
Public40.55%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 60.53% | 63.4%▲2.9 | 60.27%▼3.1 | 58.69%▼1.6 | 50.88%▼7.8 | 50.88% | 58%▲7.1 | 58% |
| FIIs | 2.72% | 1.51%▼1.2 | 1.29%▼0.2 | 0.93%▼0.4 | 0.81%▼0.1 | 0.85%▲0.0 | 0.73%▼0.1 | 0.73% |
| DIIs | 0% | 0% | 0.52%▲0.5 | 0.39%▼0.1 | 0%▼0.4 | 0% | 0% | 0.73%▲0.7 |
| Public | 36.75% | 35.09%▼1.7 | 37.92%▲2.8 | 39.98%▲2.1 | 48.31%▲8.3 | 48.28%▼0.0 | 41.27%▼7.0 | 40.55%▼0.7 |
Financial Statements
| Metric | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 1 | 12 | 2 | 3 | 24 | 59 | 3 | 3 | 9 | 31 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| OPM % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Profit | 10 | -6 | 13 | 9 | -19 | -36 | 51 | 13 | -9 | -34 |
| EPS ₹ | 8.2 | -5.4 | 11.34 | 4.33 | -7.71 | -10.86 | 13.25 | 3.36 | -1.96 | -7.69 |
AI Insights
Revenue Trend
Mar 2026 revenue at ₹0Cr, up 0% YoY. OPM at 0%.
Debt Position
Borrowings at ₹0Cr. Debt-to-equity ratio: 0.00x. Healthy balance sheet.
Institutional Flow
DIIs: 0.73% (+0.73pp change). FIIs: 0.73% (-1.99pp change). Promoters hold 58%.
Margin & Efficiency
ROCE improving from 0% (Mar 2015) to 0% (Mar 2026). Working capital days: 0.
Valuation
PE 37.6x with 16.6% ROCE. Price is 175% above book value of ₹138. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 11h - Audited FY26 results announced; merger with Ashika Global Securities effective 15 May 2026; dividend recommended.
- Announcement under Regulation 30 (LODR)-Acquisition 14h - Board approved FY26 audited results, 5% dividend, auditor change, and ACL acquisition up to Rs.22 crore.
- Statement Of Deviation For Quarter Ended 31.03.2026 14h - Ashika Credit Capital reported no deviation in fund utilisation for quarter ended 31 March 2026; no warrant subscriptions received.
- Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 14h - FY26 audited results, Rs0.50 dividend, auditor change, 22 crore ACL acquisition, AGCSPL ceased as subsidiary.
- Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors 15h - Board approved FY26 audited results, 5% dividend, auditor change, and acquisition of ACL up to ₹22 crore.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse