Ashika Credit Capital Ltd
Incorporated in 1994, Ashika Credit Capital Ltd provides loans and advances, inter-corporate deposits, loans against securities, and investments in shares and securities[1]
- Market Cap ₹ 87.9 Cr.
- Current Price ₹ 74.0
- High / Low ₹ 91.0 / 31.0
- Stock P/E 5.22
- Book Value ₹ 54.5
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 10.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of -0.56% over past five years.
- Company has a low return on equity of 7.29% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Finance Industry: Finance & Investments
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 7 | 6 | 3 | 2 | 2 | 11 | 18 | 7 | 7 | 7 | 11 | 25 | |
6 | 9 | 6 | 2 | 10 | -1 | 3 | -1 | 10 | 4 | 2 | 4 | 4 | |
Operating Profit | 1 | -2 | 0 | 1 | -8 | 3 | 8 | 19 | -3 | 2 | 5 | 7 | 20 |
OPM % | 16% | -34% | 7% | 41% | -377% | 163% | 76% | 105% | -44% | 33% | 75% | 62% | 82% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | |
Interest | 0 | 2 | 2 | 0 | 0 | 0 | 5 | 7 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 1 | -4 | -2 | 1 | -8 | 3 | 4 | 12 | -4 | 2 | 5 | 8 | 21 |
Tax % | 32% | 30% | -7% | 14% | 26% | 37% | 26% | 27% | 28% | 34% | 36% | 26% | |
1 | -3 | -2 | 1 | -6 | 2 | 3 | 8 | -3 | 2 | 4 | 6 | 17 | |
EPS in Rs | 1.12 | -3.67 | -2.59 | 1.33 | -8.55 | 2.69 | 2.57 | 7.45 | -2.14 | 1.37 | 2.95 | 4.96 | 14.16 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | -1% |
3 Years: | 14% |
TTM: | 107% |
Compounded Profit Growth | |
---|---|
10 Years: | 15% |
5 Years: | 16% |
3 Years: | 63% |
TTM: | 225% |
Stock Price CAGR | |
---|---|
10 Years: | 0% |
5 Years: | % |
3 Years: | 23% |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | 4% |
5 Years: | 7% |
3 Years: | 7% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 7 | 11 | 11 | 12 | 12 | 12 | 12 | 12 |
Reserves | 24 | 21 | 20 | 21 | 15 | 16 | 29 | 37 | 34 | 36 | 40 | 45 | 53 |
0 | 31 | 8 | 0 | 0 | 6 | 92 | 17 | 0 | 0 | 10 | 0 | 0 | |
0 | 1 | 2 | 2 | 9 | 9 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | |
Total Liabilities | 31 | 61 | 36 | 30 | 30 | 38 | 134 | 67 | 47 | 49 | 62 | 59 | 67 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 14 | 16 | 0 | 3 | 9 | 0 | 0 | 0 | 0 | 0 | 43 | 37 | 50 |
17 | 45 | 36 | 26 | 21 | 37 | 134 | 67 | 47 | 48 | 19 | 22 | 16 | |
Total Assets | 31 | 61 | 36 | 30 | 30 | 38 | 134 | 67 | 47 | 49 | 62 | 59 | 67 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-8 | -21 | 10 | 7 | 2 | -16 | -86 | 67 | 8 | 2 | -12 | 10 | |
5 | -11 | 14 | 7 | -8 | 11 | 0 | 0 | 0 | 0 | 0 | -0 | |
0 | 31 | -24 | -8 | 0 | 6 | 101 | -73 | -17 | 0 | 10 | -10 | |
Net Cash Flow | -4 | -0 | -0 | 6 | -6 | 0 | 15 | -7 | -8 | 2 | -2 | -0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory Days | 0 | |||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 24 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Working Capital Days | 577 | 1,608 | 1,332 | 2,183 | 2,797 | 6,520 | 3,815 | -11 | 9 | 50 | 8 | -16 |
ROCE % | 4% | -5% | 1% | 4% | -33% | 12% | 10% | 19% | -6% | 5% | 10% | 14% |
Documents
Announcements
- Submission Of Compliance Certificate Under Regulation 40(9) And 40(10) Of SEBI (LODR) Regulations, 2015 And Amendments Thereof, For The Financial Year Ended On 31St March 2024 12 Apr
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations 2015 And Amendments Thereof, For The Financial Year Ended On 31St March 2024 5 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
5 Apr - There has been no request for Dematerialisation of equity shares of Ashika Credit Capital Limited during the period 01.01.2024 to 31.03.2024. In context of the …
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 4 Apr
- Declaration Confirming The Functional Website Of Ashika Credit Capital Limited For The Quarter Ended 31St March, 2024 2 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
Company is a flagship company of the Ashika Group. It is an RBI-registered non- deposit-taking non-banking financial company. Company is engaged in fund-based activities viz. providing loans and investments