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 ₹ 170 Cr.
- Current Price ₹ 143
- High / Low ₹ 143 / 31.0
- Stock P/E 8.15
- Book Value ₹ 57.3
- Dividend Yield 0.00 %
- ROCE 17.9 %
- ROE 17.1 %
- Face Value ₹ 10.0
Pros
- Promoter holding has increased by 1.58% over last quarter.
Cons
- Stock is trading at 2.50 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.0% 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 6 | 3 | 2 | 2 | 11 | 18 | 7 | 7 | 7 | 11 | 18 | 32 | |
9 | 6 | 2 | 10 | -1 | 3 | -1 | 10 | 4 | 2 | 4 | 5 | 6 | |
Operating Profit | -2 | 0 | 1 | -8 | 3 | 8 | 19 | -3 | 2 | 5 | 7 | 13 | 26 |
OPM % | -34% | 7% | 41% | -377% | 163% | 76% | 105% | -44% | 33% | 75% | 62% | 73% | 82% |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | |
Interest | 2 | 2 | 0 | 0 | 0 | 5 | 7 | 0 | 0 | 0 | 0 | 1 | 1 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | -4 | -2 | 1 | -8 | 3 | 4 | 12 | -4 | 2 | 5 | 8 | 13 | 26 |
Tax % | -30% | 7% | 14% | -26% | 37% | 26% | 27% | -28% | 34% | 36% | 26% | 16% | |
-3 | -2 | 1 | -6 | 2 | 3 | 8 | -3 | 2 | 4 | 6 | 11 | 21 | |
EPS in Rs | -3.67 | -2.59 | 1.33 | -8.55 | 2.69 | 2.57 | 7.45 | -2.14 | 1.37 | 2.95 | 4.96 | 9.01 | 17.61 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 13% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 0% |
3 Years: | 41% |
TTM: | 266% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 5% |
3 Years: | 87% |
TTM: | 330% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 31% |
3 Years: | 43% |
1 Year: | 319% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 7% |
3 Years: | 12% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7 | 7 | 7 | 7 | 7 | 11 | 11 | 12 | 12 | 12 | 12 | 12 |
Reserves | 21 | 20 | 21 | 15 | 16 | 29 | 37 | 34 | 36 | 40 | 45 | 56 |
31 | 8 | 0 | 0 | 6 | 92 | 17 | 0 | 0 | 10 | 0 | 25 | |
1 | 2 | 2 | 9 | 9 | 3 | 2 | 1 | 1 | 1 | 2 | 2 | |
Total Liabilities | 61 | 36 | 30 | 30 | 38 | 134 | 67 | 47 | 49 | 62 | 59 | 95 |
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 |
Investments | 16 | 0 | 3 | 9 | 0 | 0 | 0 | 0 | 0 | 43 | 37 | 94 |
45 | 36 | 26 | 21 | 37 | 134 | 67 | 47 | 48 | 19 | 22 | 1 | |
Total Assets | 61 | 36 | 30 | 30 | 38 | 134 | 67 | 47 | 49 | 62 | 59 | 95 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-21 | 10 | 7 | 2 | -16 | -86 | 67 | 8 | 2 | -12 | 10 | -25 | |
-11 | 14 | 7 | -8 | 11 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | |
31 | -24 | -8 | 0 | 6 | 101 | -73 | -17 | 0 | 10 | -10 | 25 | |
Net Cash Flow | -0 | -0 | 6 | -6 | 0 | 15 | -7 | -8 | 2 | -2 | -0 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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 | 1,608 | 1,332 | 2,183 | 2,797 | 6,520 | 3,815 | -11 | 9 | 50 | 8 | -16 | -22 |
ROCE % | -5% | 1% | 4% | -33% | 12% | 10% | 19% | -6% | 5% | 10% | 14% | 18% |
Documents
Announcements
- Board Meeting Intimation for Intimation Pursuant To Regulation 29 Of SEBI (LODR) Regulations, 2015 And Amendments Thereof 1d
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 Jul - Result Press Release on the Financial Performance for the quarter ended June 30, 2024. The same is also made available on the website of the …
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Jul - In continuation to our letter dated 20th July, 2024, with regards to the Outcome of Board Meeting and approval of un-audited Financial Results (Standalone) for …
- Closure of Trading Window 20 Jul
- Undertaking For Non-Applicability Of Regulation 32 Of SEBI(LODR) Regulations, 2015 For The Quarter Ended 30Th June, 2024 20 Jul
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
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