Ashirwad Capital Ltd
Incorporated in 1985, Ashirvad Capital Ltd
is in the business of investments in shares
and mutual funds.[1]
- Market Cap ₹ 24.3 Cr.
- Current Price ₹ 2.70
- High / Low ₹ 4.72 / 2.25
- Stock P/E 23.4
- Book Value ₹ 2.12
- Dividend Yield 0.00 %
- ROCE 6.70 %
- ROE 5.41 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 6.30% 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
Financial Services Financial Services Finance Other Financial Services
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.85 | 0.42 | 0.52 | 0.78 | 1.01 | 0.46 | 0.70 | 1.22 | 0.96 | 1.88 | 1.23 | 1.45 | |
| 0.14 | 0.82 | -0.14 | -0.26 | 0.11 | 0.12 | 0.09 | 0.09 | 0.10 | 0.14 | 0.16 | 0.21 | |
| Operating Profit | 0.71 | -0.40 | 0.66 | 1.04 | 0.90 | 0.34 | 0.61 | 1.13 | 0.86 | 1.74 | 1.07 | 1.24 |
| OPM % | 83.53% | -95.24% | 126.92% | 133.33% | 89.11% | 73.91% | 87.14% | 92.62% | 89.58% | 92.55% | 86.99% | 85.52% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.25 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.08 | 0.29 |
| Depreciation | 0.03 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.68 | -0.42 | 0.65 | 1.03 | 0.89 | 0.33 | 0.60 | 1.12 | 0.85 | 1.73 | 0.98 | 1.19 |
| Tax % | 22.06% | 0.00% | 9.23% | 10.68% | 21.35% | 12.12% | 5.00% | 11.61% | 10.59% | 10.98% | 13.27% | 12.61% |
| 0.53 | -0.42 | 0.59 | 0.92 | 0.70 | 0.29 | 0.58 | 0.99 | 0.76 | 1.55 | 0.84 | 1.04 | |
| EPS in Rs | 0.06 | -0.05 | 0.07 | 0.10 | 0.08 | 0.03 | 0.06 | 0.11 | 0.08 | 0.17 | 0.09 | 0.12 |
| Dividend Payout % | 67.92% | 0.00% | 27.12% | 43.48% | 57.14% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 16% |
| 3 Years: | 15% |
| TTM: | 18% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 12% |
| 3 Years: | 11% |
| TTM: | 24% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | 5% |
| 1 Year: | -36% |
| Return on Equity | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 7% |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 4.00 | 6.00 | 9.00 | 9.00 |
| Reserves | 2.10 | 1.68 | 2.08 | 2.51 | 4.97 | 2.26 | 5.60 | 8.64 | 9.26 | 12.92 | 10.40 | 10.06 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.77 | 2.97 | |
| 0.98 | 0.43 | 0.44 | 0.80 | 0.26 | 0.12 | 0.14 | 0.22 | 0.18 | 0.27 | 0.22 | 0.24 | |
| Total Liabilities | 7.08 | 6.11 | 6.52 | 7.31 | 9.23 | 6.38 | 9.74 | 12.86 | 13.44 | 19.19 | 22.39 | 22.27 |
| 0.23 | 0.22 | 0.20 | 0.19 | 0.18 | 0.17 | 0.17 | 0.16 | 0.15 | 0.14 | 0.15 | 0.14 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.51 | 5.38 | 5.60 | 6.89 | 7.65 | 4.98 | 9.53 | 11.93 | 11.73 | 16.27 | 21.87 | 22.02 |
| 2.34 | 0.51 | 0.72 | 0.23 | 1.40 | 1.23 | 0.04 | 0.77 | 1.56 | 2.78 | 0.37 | 0.11 | |
| Total Assets | 7.08 | 6.11 | 6.52 | 7.31 | 9.23 | 6.38 | 9.74 | 12.86 | 13.44 | 19.19 | 22.39 | 22.27 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.32 | 1.88 | -0.06 | -0.12 | -0.63 | 0.14 | -0.02 | -0.04 | -1.65 | -1.28 | 2.16 | ||
| 1.34 | -1.68 | 0.51 | -0.36 | 1.44 | 0.05 | -1.16 | 0.77 | 0.89 | 1.28 | -4.85 | ||
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.69 | ||
| Net Cash Flow | 0.02 | 0.20 | 0.44 | -0.48 | 0.81 | 0.19 | -1.18 | 0.73 | -0.76 | 0.00 | 0.00 | |
| Free Cash Flow | -1.32 | 1.88 | -0.06 | -0.12 | -0.63 | 0.14 | -0.02 | -0.04 | -1.65 | -1.28 | 2.14 | |
| CFO/OP | -186% | -470% | -9% | -12% | -70% | 41% | -3% | -4% | -192% | -74% | 202% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Working Capital Days | -249.06 | -26.07 | -210.58 | -308.85 | 57.82 | -55.54 | -41.71 | -47.87 | 539.90 | 487.31 | 26.71 | -795.45 |
| ROCE % | 11.24% | -7.13% | 11.05% | 16.36% | 11.50% | 4.33% | 7.57% | 10.07% | 6.56% | 10.75% | 5.16% | 6.70% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Investment Portfolio Value INR Crores |
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| Loan Portfolio Value INR Crores |
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| Number of Permanent Employees Number |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Copies of Newspaper Publication of the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026 approved at the meeting of …
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Audited Financial Results For The Fourth Quarter And Financial Year Ended March 31 2026.
29 May - Audited Q4/FY26 results: revenue Rs170.00 lakh, net profit Rs103.55 lakh; board approved on 29 May 2026.
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Board Meeting Outcome for The Meeting Held On Friday, May 29, 2025
29 May - Board approved FY26 audited results; net profit rose to Rs 103.55 lakh, with unmodified audit opinion.
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Board Meeting Intimation for Considering And Approving The Audited Financial Results For The Fourth Quarter And Financial Year Ended On March 31, 2026 Along With Auditor''s Report Of The Statutory Auditor Thereon.
18 May - Board meeting on May 29, 2026 to consider audited Q4 and FY2026 financial results.
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
23 Apr - Ashirwad Capital says LC debt framework not applicable as of March 31, 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1][2]
ACL is registered as a non-systematic
important non-deposit-taking Non-Banking Finance Company. It is engaged in the business of investment and lending. The company is also in the business of manufacturing carvings of precious and semi-precious stones,
paintings, jewellery, etc. It also receives compensation against property