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.

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.

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.

Are Ashika Credit Capital Ltd latest results good or bad?

Ashika Credit Capital Ltd's latest results are poor, showing a 100.79% decline in net profit and a 62.85% drop in net sales, with a negative return on equity and a "Strong Sell" rating, indicating significant operational challenges.

The latest results for Ashika Credit Capital Ltd are concerning and indicate a significant decline in performance. In Q3 FY26, the company reported a consolidated net profit of -₹0.10 crore, which represents a staggering 100.79% decrease compared to the previous quarter. Additionally, net sales fell sharply by 62.85% to ₹7.63 crores, and the operating margin plummeted to just 8.39%, down from 81.99% in Q2.<BR><BR>These results highlight a troubling trend, as the company has struggled to maintain its earlier momentum. The return on equity has also turned negative at -1.97%, indicating that the company is currently destroying shareholder value. Furthermore, the company’s Mojo Score of 29 out of 100 has earned it a "Strong Sell" rating, reflecting deteriorating fundamentals and weak institutional confidence.<BR><BR>Overall, the financial performance of Ashika Credit Capital Ltd in its latest results can be characterized as poor, with multiple red flags suggesting significant operational challenges ahead.

Should I buy, sell or hold Ashika Credit Capital Ltd?

Which are the latest news on Ashika Credit?

Why is Ashika Credit Capital Ltd falling/rising?

As of 17-Mar, Ashika Credit Capital Ltd's stock price is Rs 342.40, having risen 0.4% after three days of decline. However, it has underperformed its sector and shows a significant 46.33% decline over the past year, indicating a generally poor long-term performance.

As of 17-Mar, Ashika Credit Capital Ltd's stock price is currently at Rs 342.40, reflecting a change of 1.35 (0.4%) upward. This rise comes after a trend reversal, as the stock has gained after three consecutive days of decline. Despite this recent uptick, the stock has underperformed its sector by 0.4% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a general downward trend in the stock's performance over a longer period.<BR><BR>In terms of recent performance, the stock has seen a significant decline of 46.33% over the past year, contrasting sharply with the Sensex, which has increased by 2.56% in the same timeframe. Additionally, the stock has experienced a decrease in investor participation, with a delivery volume drop of 28.15% compared to the 5-day average. This suggests that while there is a slight increase in price today, the overall sentiment remains cautious, and the stock's long-term performance has been quite poor.

Why is Ashika Credit Capital Ltd falling/rising?

As of 18-Mar, Ashika Credit Capital Ltd's stock price is rising to Rs 346.95, reflecting a short-term increase after a trend reversal. However, it has a year-to-date decline of 6.03% and is trading below key moving averages, indicating ongoing long-term challenges.

As of 18-Mar, Ashika Credit Capital Ltd's stock price is rising, currently at Rs 346.95, reflecting an increase of Rs 7.35 or 2.16%. This rise comes after a trend reversal, as the stock has gained after four consecutive days of decline. Additionally, it has outperformed its sector by 0.81% today. The stock reached an intraday high of Rs 346.95, indicating positive momentum in the short term.<BR><BR>However, it is important to note that despite this recent increase, the stock has been underperforming over longer periods, with a year-to-date decline of 6.03% and a significant drop of 47.27% over the past year. Furthermore, the stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a longer-term bearish trend. <BR><BR>Investor participation appears to be declining, as evidenced by a 35.86% drop in delivery volume compared to the 5-day average. This decrease in trading activity may indicate a lack of confidence among investors despite the recent price increase. Overall, while the stock is experiencing a short-term rise, the broader context shows ongoing challenges that could affect its performance moving forward.

Why is Ashika Credit Capital Ltd falling/rising?

As of 19-Mar, Ashika Credit Capital Ltd's stock price is rising to 354.15, reflecting a 3.04% increase due to short-term gains and sector outperformance, despite concerns over declining investor participation and broader market challenges.

As of 19-Mar, Ashika Credit Capital Ltd's stock price is rising, currently at 354.15, which reflects an increase of 10.45 or 3.04%. This rise can be attributed to the stock outperforming its sector by 6.88% today and experiencing consecutive gains over the last two days, with a total return of 4.28% during this period. <BR><BR>Despite opening with a loss of -2.01% today, the stock managed to reach an intraday high of Rs 362, indicating some volatility but ultimately closing higher. It is noteworthy that the stock's performance today contrasts with the broader market, as the Finance/NBFC sector has fallen by -3.83%. <BR><BR>However, there are some concerns regarding investor participation, as the delivery volume has decreased significantly by -64.06% compared to the 5-day average. Additionally, while the stock is currently above its 5-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days, suggesting mixed signals regarding its overall trend. <BR><BR>In summary, the recent rise in Ashika Credit Capital Ltd's stock price is primarily driven by short-term gains and sector outperformance, despite underlying challenges in investor participation and broader market conditions.

Why is Ashika Credit Capital Ltd falling/rising?

As of 20-Mar, Ashika Credit Capital Ltd's stock is currently at 355.00, showing a slight increase of 0.24% today and a total return of 4.53% over the last three days. Despite a decline of 3.86% over the past month and 46.21% over the past year, the stock is outperforming its sector in the short term.

As of 20-Mar, Ashika Credit Capital Ltd's stock price is rising, currently at 355.00, with a change of 0.85 (0.24%) upward. The stock has shown a positive performance today, outperforming its sector by 0.81%. Additionally, it has been gaining for the last three days, accumulating a total return of 4.53% during this period. <BR><BR>In the context of recent performance, the stock has increased by 2.88% over the past week, contrasting with a slight decline of 0.04% in the Sensex. However, it is important to note that the stock has experienced a decline of 3.86% over the past month and a significant drop of 46.21% over the past year. Despite these longer-term challenges, the current upward movement can be attributed to recent gains and a relatively strong performance compared to the sector. <BR><BR>The stock's current price is higher than its 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages. This indicates some short-term strength, even as overall investor participation has decreased, with delivery volume falling by 38.45% against the 5-day average. Nonetheless, the stock remains liquid enough for trading, which may support its current price stability and upward movement.

Why is Ashika Credit Capital Ltd falling/rising?

As of 23-Mar, Ashika Credit Capital Ltd's stock price is at Rs 325.10, reflecting a 7.27% decline and a broader trend of underperformance with an 11.94% year-to-date drop. The stock is trading below key moving averages, indicating a bearish trend and reduced investor interest.

As of 23-Mar, Ashika Credit Capital Ltd's stock price is falling, currently at Rs 325.10, which represents a decrease of Rs 25.5 or 7.27%. This decline is part of a broader trend, as the stock has underperformed the sector by 3.47% today and has experienced consecutive losses over the last two days, totaling an 8.2% drop in that period.<BR><BR>The stock's performance over various time frames also indicates a significant downturn, with a year-to-date decline of 11.94% and a staggering 51.91% drop over the past year. In contrast, the stock has shown strong performance over the longer term, with increases of 784.87% over three years and 713.77% over five years, but these gains are overshadowed by recent losses.<BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased, with delivery volume dropping by 58.48% compared to the 5-day average, suggesting reduced interest in the stock. The finance/NBFC sector has also seen a decline of 3.81%, contributing to the negative sentiment surrounding Ashika Credit Capital Ltd. Overall, these factors collectively explain the current downward movement in the stock's price.

Why is Ashika Credit Capital Ltd falling/rising?

As of 24-Mar, Ashika Credit Capital Ltd's stock price is currently at 322.00, reflecting a significant decline of 12.76% over the past month and underperforming compared to the Sensex. The stock has shown volatility and is trading below all key moving averages, indicating a bearish trend despite a recent increase in delivery volume.

As of 24-Mar, Ashika Credit Capital Ltd's stock price is falling, currently at 322.00, which reflects a decrease of 5.7 points or 1.74%. The stock has been underperforming significantly, with a decline of 5.18% over the past week and 12.76% over the past month, compared to the Sensex, which has fallen only 2.63% and 9.92%, respectively. <BR><BR>Today, the stock opened with a gain of 2.24% but has since experienced a decline, marking three consecutive days of losses totaling 9.08%. The intraday trading has shown volatility, with a high of Rs 344.95 and a low of Rs 319.95, indicating a struggle to maintain upward momentum. Furthermore, the stock is trading below all key moving averages (5-day, 20-day, 50-day, 100-day, and 200-day), which typically signals a bearish trend.<BR><BR>Despite a notable increase in delivery volume by 170.94% compared to the 5-day average, the overall performance today has underperformed the sector by 4.06%. The finance/NBFC sector has seen a gain of 2.45%, contrasting sharply with Ashika Credit's performance. This combination of factors contributes to the stock's current downward trajectory.

Why is Ashika Credit Capital Ltd falling/rising?

As of 25-Mar, Ashika Credit Capital Ltd's stock price is rising to 338.15, up 5.08% after a trend reversal. Increased investor participation and significant intraday volatility suggest a potential recovery phase for the stock.

As of 25-Mar, Ashika Credit Capital Ltd's stock price is rising, currently at 338.15, reflecting an increase of 16.35 or 5.08%. This upward movement follows a trend reversal after three consecutive days of decline. The stock has outperformed its sector by 2.16%, indicating a stronger performance relative to the Finance/NBFC sector, which has gained by 2.93%. Additionally, the stock reached an intraday high of Rs 349.95, showcasing significant intraday volatility and interest.<BR><BR>Investor participation has also increased, with delivery volume on 24 March rising by 413.41% compared to the 5-day average, suggesting heightened interest and confidence among investors. Despite trading below its moving averages across various time frames, the recent price action indicates a potential recovery phase for the stock. Overall, these factors contribute to the current rise in Ashika Credit Capital Ltd's stock price.