Ashika Credit

Who are in the management team of Ashika Credit?

As of March 2023, the management team of Ashika Credit includes Pawan Jain (Executive Chairman), Daulat Jain (Managing Director & CEO), and several independent directors, along with a Company Secretary. They oversee the company's operations and strategic direction.

As of March 2023, the management team of Ashika Credit includes the following individuals:<BR><BR>1. Pawan Jain - Executive Chairman<BR>2. Sagar Jain - Independent Director<BR>3. Daulat Jain - Managing Director & CEO<BR>4. Suparna Sengupta - Independent Director<BR>5. Sonu Jain - Independent Director<BR>6. Anju Mundhra - Company Secretary & Compliance Officer<BR>7. Amit Jain - Non-Executive Director<BR><BR>This team is responsible for overseeing the company's operations and strategic direction.

What does Ashika Credit do?

Ashika Credit Capital Ltd is a Small Cap NBFC focused on Issue Management and related services. As of March 2025, it reported net sales of 2 Cr and a net loss of 54 Cr, with a market cap of Rs 1,426 Cr.

Overview:<BR>Ashika Credit Capital Ltd is engaged in the business of Issue Management and related services within the Non Banking Financial Company (NBFC) sector, categorized as a Small Cap company.<BR><BR>History:<BR>The company was incorporated as a Private Limited Company on 8th March 1994 and was later converted to a Public Limited Company. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 2 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -54 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 1,426 Cr (Small Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A (Loss Making)<BR>- Industry P/E: 23<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.21<BR>- Return on Equity: -23.25%<BR>- Price to Book: 6.42<BR><BR>Contact Details:<BR>Address: Trinity 7th Floor, 226/1 A J C Bose Road, Kolkata, West Bengal: 700020 <BR>Tel: 91-33-22839952/40102500 <BR>Email: ashika@ashikagroup.com <BR>Website: http://www.ashikagroup.com

Has Ashika Credit declared dividend?

Yes, Ashika Credit Capital Ltd has declared a 10% dividend, amounting to 1 per share. However, the dividend yield is 0%, as it has not contributed to overall returns, which have shown significant price growth over various periods.

Ashika Credit Capital Ltd has declared a 10% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 10%<BR>- Amount per share: 1<BR>- Ex-date: 01 Aug 19<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was -51.47%, the dividend return was 0%, resulting in a total return of -51.47%.<BR><BR>For the 1-year period, the price return was 574.48%, the dividend return was 0%, leading to a total return of 574.48%.<BR><BR>Over the 2-year period, the price return was 1025.61%, the dividend return was 0%, which resulted in a total return of 1025.61%.<BR><BR>In the 3-year period, the price return was 966.35%, the dividend return was 0%, culminating in a total return of 966.35%.<BR><BR>For the 4-year period, the price return was 677.35%, the dividend return was 0%, resulting in a total return of 677.35%.<BR><BR>In the 5-year period, the price return was 2041.42%, the dividend return was 0%, leading to a total return of 2041.42%.<BR><BR>Overall, while Ashika Credit Capital Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not significantly contributed to returns. However, the price returns over various periods show substantial growth, particularly over the longer term.

Who are the peers of the Ashika Credit?

Ashika Credit's peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Capital India, Centrum Capital, Vardhman Hold., and Mufin Green. Ashika Credit has the highest 1-year return at 585.17%, while Jio Financial has the lowest at -20.19%.

Peers: The peers of Ashika Credit are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Capital India, Centrum Capital, Vardhman Hold., and Mufin Green.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, and Muthoot Finance, while Average management risk is found at Jio Financial and Shriram Finance. Below Average management risk is noted for Ashika Credit, Capital India, Centrum Capital, Vardhman Hold., and Mufin Green. Growth is Excellent for Jio Financial and Centrum Capital, Good for Bajaj Finance, Cholaman.Inv.&Fn, and Capital India, while Average growth is seen at Ashika Credit and Muthoot Finance, and the rest have either Average or Below Average growth. Excellent capital structure is noted for Bajaj Finance, Jio Financial, Shriram Finance, Muthoot Finance, Ashika Credit, Capital India, Vardhman Hold., and Mufin Green, while Centrum Capital has a Below Average capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Ashika Credit at 585.17%, while the lowest is Jio Financial at -20.19%. Ashika Credit's 1-year return significantly outperforms all peers. Additionally, Jio Financial, Mufin Green, and Pacheli Indust. have negative six-month returns.

Who are the top shareholders of the Ashika Credit?

The top shareholders of Ashika Credit include Ashika Global Securities Private Limited with 17.32%, followed by Eminence Global Fund holding 2.75%, and individual investors owning 20.81%. There are no pledged promoter holdings or mutual funds invested in the company.

The top shareholders of Ashika Credit are primarily the promoters, with Ashika Global Securities Private Limited holding the highest stake at 17.32%. In terms of public shareholders, Eminence Global Fund Pcc-eubilia Capital Partners Fund I is the largest, holding 2.75%. Additionally, individual investors collectively own 20.81% of the company. There are also 4 Foreign Institutional Investors (FIIs) that hold a combined 0.85% of the shares. Notably, there are no pledged promoter holdings and no mutual funds currently invested in the company.

How big is Ashika Credit?

As of 24th July, Ashika Credit Capital Ltd has a market capitalization of 1,470.00 Cr and reported net sales of 39.22 Cr with a net profit loss of 51.42 Cr over the latest four quarters; data on shareholder's funds and total assets is unavailable.

As of 24th July, <BR><BR>Market Cap: Ashika Credit Capital Ltd has a market capitalization of 1,470.00 Cr and is classified as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 39.22 Cr, while the sum of Net Profit for the same period reflects a loss of 51.42 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is the latest annual period. However, data for Shareholder's Funds and Total Assets is unavailable.

Is Ashika Credit technically bullish or bearish?

As of October 20, 2025, the market trend has shifted to a bearish stance with weak strength, indicated by bearish daily moving averages, weekly Bollinger Bands, and mixed signals from the MACD and KST.

As of 20 October 2025, the technical trend has changed from mildly bearish to bearish. The current stance is bearish with a weak strength. Key indicators driving this include the daily moving averages indicating bearishness, weekly Bollinger Bands also showing bearish signals, and the KST on both weekly and monthly time frames being bearish or mildly bearish. The MACD shows a conflicting mildly bullish signal on the weekly chart but is mildly bearish on the monthly, which adds to the overall bearish sentiment. The lack of trend signals in Dow Theory further supports the bearish outlook.

Are Ashika Credit latest results good or bad?

The latest results for Ashika Credit are concerning, showing a 77.88% decline in net profit and a 74.12% drop in net sales compared to the previous quarter. This significant volatility raises serious questions about the company's operational consistency and sustainability, indicating that the results are bad.

The latest results for Ashika Credit are concerning and indicate a significant decline in performance. In Q2 FY26, the company reported a net profit of ₹11.15 crore, which is a staggering 77.88% decrease compared to the previous quarter. Similarly, net sales fell dramatically by 74.12% to ₹18.09 crore from ₹69.89 crore in Q1 FY26. This extreme volatility in revenue raises serious questions about the company's operational consistency and sustainability.<BR><BR>Additionally, the PAT margin has also declined to 60.70%, down from 71.84% in the previous quarter. While the company maintains a strong return on capital employed (ROCE) of 141.12%, this is overshadowed by the overall weak financial performance and the loss-making status in FY25, where it recorded a net loss of ₹51 crore.<BR><BR>The significant drop in both sales and profits, combined with a history of inconsistent performance, suggests that the latest results are indeed bad, reflecting serious challenges for Ashika Credit moving forward. Investors should approach the situation with caution, as the company faces critical operational and financial hurdles.

How has been the historical performance of Ashika Credit?

Ashika Credit experienced a significant decline in financial performance from March 2024 to March 2025, with net sales dropping from 18.38 Cr to 4.24 Cr and a loss after tax of 51.48 Cr compared to a profit of 10.70 Cr the previous year. Despite this downturn, the company reported a net cash inflow of 7.00 Cr in March 2025.

Answer:<BR>The historical performance of Ashika Credit shows a significant decline in financial metrics from March 2024 to March 2025.<BR><BR>Breakdown:<BR>In the fiscal year ending March 2025, Ashika Credit reported net sales of 4.24 Cr, a sharp decrease from 18.38 Cr in the previous year. Total operating income mirrored this decline, falling from 18.38 Cr to 4.24 Cr. The company's total expenditure surged to 63.38 Cr, up from 5.04 Cr, primarily driven by manufacturing expenses of 50.42 Cr and an increase in employee costs to 3.44 Cr. Consequently, the operating profit (PBDIT) plummeted to -59.09 Cr from a positive 13.50 Cr, leading to a profit before tax of -66.68 Cr compared to 12.76 Cr in the prior year. The profit after tax also reflected this downturn, resulting in a loss of 51.48 Cr versus a profit of 10.70 Cr in March 2024. The earnings per share (EPS) fell to -15.54 from 9.01, indicating a severe deterioration in profitability. The operating profit margin and PAT margin also turned negative, recording -1394.81% and -1214.15%, respectively, compared to positive margins in the previous year. Despite these challenges, the company saw a net cash inflow of 7.00 Cr in March 2025, contrasting with no cash inflow in March 2024, primarily due to financing activities that generated 398.00 Cr.

Is Ashika Credit overvalued or undervalued?

As of December 4, 2025, Ashika Credit is considered very expensive and overvalued, with a negative PE ratio of -120.78 and poor financial metrics compared to peers like Bajaj Finance and Life Insurance, alongside a year-to-date return of -60.29% versus the Sensex's 9.12% gain.

As of 4 December 2025, the valuation grade for Ashika Credit has moved from risky to very expensive. The company is currently overvalued, as indicated by its significant negative PE ratio of -120.78, an EV to EBIT of -163.68, and an EV to EBITDA of -165.36. These ratios highlight a concerning financial position relative to its earnings and overall valuation metrics.<BR><BR>In comparison to its peers, Ashika Credit's valuation stands out unfavorably; for instance, Bajaj Finance has a PE ratio of 34.9 and an EV to EBITDA of 19.63, while Life Insurance boasts a more attractive EV to EBITDA of 8.92. The substantial divergence in these ratios suggests that Ashika Credit is not only overvalued but also lacks the financial health exhibited by its competitors. Additionally, despite a recent positive stock return of 2.69% over the past week, the year-to-date return of -60.29% starkly contrasts with the Sensex's 9.12% gain, reinforcing the notion of overvaluation.

Should I buy, sell or hold Ashika Credit?

When is the next results date for Ashika Credit Capital Ltd?

The next results date for Ashika Credit Capital Ltd is February 4, 2026.

The next results date for Ashika Credit Capital Ltd is scheduled for February 4, 2026.

Why is Ashika Credit Capital Ltd falling/rising?

As of 03-Feb, Ashika Credit Capital Ltd's stock price is declining at 359.70, down 0.12%. The stock has significantly underperformed the Sensex, with a 56.13% drop over the past year, indicating weak fundamentals and declining investor participation.

As of 03-Feb, Ashika Credit Capital Ltd's stock price is falling, currently at 359.70, reflecting a decrease of 0.45 (-0.12%). The stock has underperformed significantly compared to the benchmark Sensex, which has gained 2.30% over the past week, while Ashika's stock has declined by 1.00%. Over the last month, the stock has dropped by 3.80%, contrasting with the Sensex's decline of 2.36%. <BR><BR>In the past year, the stock has experienced a dramatic fall of 56.13%, while the Sensex has risen by 8.49%. This stark underperformance is indicative of weak long-term fundamental strength, as evidenced by an average Return on Equity (ROE) of only 9.08% and a concerning annual operating profit growth rate of -251.99%. Additionally, the stock's profits have plummeted by 146.9% over the past year, further contributing to its decline.<BR><BR>Despite some positive factors, such as a 22.22% growth in net profit and increased promoter confidence with a 7.11% stake increase, these have not been sufficient to counterbalance the negative trends. The stock's liquidity is also a concern, with a significant drop in delivery volume by 37.21% against the 5-day average, indicating falling investor participation. Overall, these factors collectively explain why Ashika Credit Capital Ltd's stock price is currently on a downward trajectory.

Which are the latest news on Ashika Credit?