Ashika Credit Capital Ltd

Ashika Credit Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashika Credit Capital Ltd

₹ 386 -0.55%
14 Aug - close price
ashikagroup.com BSE: 543766
About

Incorporated in 1994, Ashika Credit Capital Ltd provides loans and advances, inter-corporate deposits, loans against securities, and investments in shares and securities[1]

Key Points

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

Website BSE
  • Market Cap ₹ 1,472 Cr.
  • Current Price ₹ 386
  • High / Low ₹ 915 / 216
  • Stock P/E
  • Book Value ₹ 133
  • Dividend Yield 0.00 %
  • ROCE -22.1 %
  • ROE -20.2 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 2.90 times its book value
  • Company has low interest coverage ratio.
  • Promoter holding has decreased over last quarter: -7.81%
  • The company has delivered a poor sales growth of -9.90% over past five years.
  • Company has a low return on equity of -9.38% over last 3 years.
  • Company's cost of borrowing seems high
  • Working capital days have increased from 23.4 days to 108 days

* 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 Non Banking Financial Company (NBFC)

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025
7 6 -3 -0 5 6 14 3 19 17 1 2 70
2 0 1 1 1 1 1 12 2 3 24 70 3
Operating Profit 5 6 -3 -1 4 5 13 -8 17 14 -23 -68 67
OPM % 75% 95% 82% 79% 92% -261% 92% 84% -1,741% -2,904% 95%
0 0 0 1 0 0 0 0 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 2 3 3 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 5 6 -3 0 4 5 12 -9 17 13 -26 -70 66
Tax % 14% 26% -18% 1,650% 17% 17% 22% -26% 19% 28% -22% -23% 24%
4 5 -3 -0 3 4 10 -6 13 9 -20 -54 51
EPS in Rs 3.59 3.85 -2.23 -0.25 2.74 3.47 8.20 -5.40 11.34 4.33 -8.06 -16.27 13.25
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Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
6 3 2 2 11 18 7 7 7 11 18 4 91
6 2 10 -1 3 -1 10 4 2 4 5 63 100
Operating Profit 0 1 -8 3 8 19 -3 2 5 7 13 -59 -10
OPM % 7% 41% -377% 163% 76% 105% -44% 33% 75% 62% 73% -1,393% -10%
0 0 0 0 0 0 0 0 0 1 0 0 0
Interest 2 0 0 0 5 7 0 0 0 0 1 8 7
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -2 1 -8 3 4 12 -4 2 5 8 13 -67 -17
Tax % 7% 14% -26% 37% 26% 27% -28% 34% 36% 26% 16% -23%
-2 1 -6 2 3 8 -3 2 4 6 11 -51 -14
EPS in Rs -2.59 1.33 -8.55 2.69 2.57 7.45 -2.14 1.37 2.95 4.96 9.01 -15.53 -6.75
Dividend Payout % 0% 0% 0% 0% 0% 13% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 3%
5 Years: -10%
3 Years: -15%
TTM: 117%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -168%
Stock Price CAGR
10 Years: 28%
5 Years: 86%
3 Years: 120%
1 Year: 82%
Return on Equity
10 Years: -4%
5 Years: -6%
3 Years: -9%
Last Year: -20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 7 7 7 7 11 11 12 12 12 12 12 33
Reserves 20 21 15 16 30 37 34 36 40 45 56 407
8 0 0 6 92 17 0 0 10 0 25 1
2 2 9 9 2 2 1 1 1 2 2 2
Total Liabilities 36 30 30 38 134 67 47 49 62 59 95 443
0 0 0 0 0 0 0 0 0 0 0 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 3 9 0 0 0 0 0 43 37 94 341
36 26 21 37 134 67 47 48 19 22 1 102
Total Assets 36 30 30 38 134 67 47 49 62 59 95 443

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
10 7 2 -16 -86 67 8 2 -12 10 -25 -390
14 7 -8 11 0 0 0 0 0 -0 0 -1
-24 -8 0 6 101 -73 -17 0 10 -10 25 399
Net Cash Flow -0 6 -6 0 15 -7 -8 2 -2 -0 0 8

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 0 0 0 0 0 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0 0 0 0 0 0
Working Capital Days 901 2,183 2,797 5,423 743 -11 9 50 8 -16 -22 108
ROCE % 1% 4% -33% 12% 10% 19% -5% 5% 10% 14% 18% -22%

Shareholding Pattern

Numbers in percentages

Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025
53.56% 53.56% 54.02% 54.02% 58.44% 58.95% 58.95% 60.53% 63.40% 60.27% 58.69% 50.88%
2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 2.72% 1.51% 1.29% 0.93% 0.81%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.52% 0.39% 0.00%
43.73% 43.73% 43.26% 43.26% 38.86% 38.34% 38.33% 36.75% 35.09% 37.92% 39.98% 48.31%
No. of Shareholders 1,4551,4751,4681,4351,5511,7991,6971,9902,2403,1243,1983,921

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports