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  7. Ashika Credit Capital Ltd
Financial RatiosPE RatioShareholdingDividendQuarterly ResultsBalance SheetProfit & LossCash Flow

Ashika Credit Capital Ltd Stock Price Today (NSE: ASHIKA)

Ashika Credit Capital Ltd

ASHIKANon Banking Financial Company (NBFC)
₹331.45₹4.90 (1.46%)↓
As on 17 Apr 2026, 11:00 am ISTMarket Closed

Fundamental Score

...

Ashika Credit Capital Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Ashika Credit Capital Ltd share price today is ₹331.45, down 1.46% on NSE/BSE as of 17 April 2026. Ashika Credit Capital Ltd (ASHIKA) is a Small-cap company in the Non Banking Financial Company (NBFC) sector with a market capitalisation of ₹1.24K (Cr). The 52-week high for ASHIKA share price is ₹490.50 and the 52-week low is ₹285.80. The company has a Return on Equity (ROE) of -20.26% and a debt-to-equity ratio of 0.00.

Ashika Credit Capital Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
₹0.00
Low
₹0.00
Volume
0
Change
-1.46%

AI Research Briefing

Powered by Gemini · 2026-04-09

Turnaround story at a premium; avoid until profitability.

Research Confidence
6.0/10Moderate
DEBT TRAP TURNAROUNDBreakdown - 1M: -7.7% | 3M: -11.48% | 6M: -16.35% [cite: brief]Expensive - Price to Book Value ratio is significantly higher than the average for comparable companies in the NBFC sector.

⚡WHAT'S HAPPENING NOW (last 2-4 weeks):

No major catalysts found after live search. Ashika Credit Capital filed its Q4FY26 compliance certificate confirming zero dematerialisation requests for equity shares during 01.01.2026 to 31.03.2026. Trading window for directors and designated employees closed on April 1, 2026 and will re-open 48 hours after the company publishes its audited financial results for the fiscal year ending March 31, 2026.

�� CORE STORY (THE REAL GAME):

Ashika is trying to transform itself into a full-spectrum financial services player, but faces challenges in profitability and market confidence. The market is watching to see if recent acquisitions and diversification efforts can turn the tide.

�� WHAT IS DRIVING THE STOCK:

* Acquisition of OCRPS: On March 24, 2026, Ashika Credit Capital acquired 20,00,000 Optionally Convertible Redeemable Preference Shares (OCRPS) worth ₹2,00,00,000 in its subsidiary Ashika Private Equity Advisors Private Limited.

* IEPF Share Transfer: Ashika Credit Capital is transferring equity shares linked to unpaid FY 2018-19 dividends to the Investor Education and Protection Fund (IEPF). Shareholders must claim their holdings by September 13, 2026, to retain ownership.

* SEBI Approval for Mutual Fund: Ashika Group received SEBI’s in-principle nod to launch a mutual fund business.

⚖️ BULL vs BEAR:

Bull:Diversification into new financial services (insurance, wealth management, custodial) could unlock value. SEBI approval for the mutual fund business is a positive signal. Completion of Yaduka Financial Services amalgamation could lead to synergies.

Bear:Negative ROE and ROCE. Interest coverage is deeply negative. The stock has underperformed the market significantly over the past year, declining by over 40% while the BSE500 recorded a negative return of -1.85%. MarketsMojo rates the stock as a Strong Sell.

�� WHAT MARKET IS PRICING:

The market is pricing in the potential for Ashika's diversification strategy to pay off, but remains skeptical given the company's poor profitability metrics and underperformance.

�� BOTTOM LINE:

Ashika is a turnaround story trading at a premium valuation; avoid until profitability improves.

Why Now
  • Acquisition of OCRPS in subsidiary
  • IEPF share transfer deadline approaching
  • SEBI approval for mutual fund business
Potential Catalysts
  • Successful launch of new subsidiaries
  • Significant improvement in profitability metrics
  • Positive rating upgrades from research firms
Key Risks
  • Negative ROE and ROCE
  • Deeply negative interest coverage
  • Significant underperformance compared to market benchmarks
Institutional Activity

FII holdings are minimal at 0.85%, with negligible change [cite: brief].

Macro Context

NBFC sector faces increasing regulatory scrutiny and competition.

Order Book / Expansion

Ashika Credit Capital acquired 20,00,000 OCRPS worth ₹2,00,00,000 in subsidiary Ashika Private Equity Advisors Private Limited on March 24, 2026.

Cash Flow Quality

No - Free Cash Flow 5Y: ₹None Cr [cite: brief]

3–6 Month Outlook

Ashika aims to become a full-spectrum financial services player, but faces challenges in execution and profitability. Watch for improvements in financial metrics and successful integration of acquisitions.

Primary Thesis Risk

Inability to improve profitability and manage debt could lead to collapse.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

ROE

-20.26%
Poor

ROCE

-22.15%

OPM (5Y)

N/A

Div Yield

0.00%

Ashika Credit Capital Ltd Valuation Check

P/E Ratio

N/A
Poor

Industry P/E

22.03x
Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Market Cap

1.24K (Cr)

Growth Engine

Profit Growth (Q)

N/A

Sales Growth (Q)

N/A

Sales Growth (5Y)

N/A

EPS Growth (5Y)

N/A

Profit Growth (5Y)

N/A

Balance Sheet Health

Excellent

Debt to Equity

0.00x
Poor

Int. Coverage

-7.83x

Free Cash Flow (5Y)

N/A

Shareholding

Excellent

Promoter

50.88%
Poor

FII

0.85%
Poor

DII

0.00%
Excellent

Pledged

0.00%

Institutional Deep-Dive

Bull Run Research Hub

Live Price:₹331.45— Analysis below may reference an earlier price snapshot.

Ashika Credit Capital Share Price: A Conservative Value Investor's Perspective

The Non-Banking Financial Company (NBFC) sector presents unique challenges. While offering potentially high growth, it requires careful navigation due to inherent leverage and sensitivity to economic cycles. This analysis examines the Ashika Credit Capital share price from the perspective of a conservative value investor prioritizing capital safety. Currently trading at ₹359.10, the company's fundamentals warrant close scrutiny.

A key concern is the absence of a Price-to-Earnings (PE) ratio. This suggests the company is either reporting losses or experiencing volatile earnings, making a traditional valuation challenging. More critically, the Return on Capital Employed (ROCE) of -22.15% raises significant red flags. A negative ROCE indicates that Ashika Credit Capital Ltd is destroying value rather than creating it. This dramatically weakens any potential economic moat the company might possess. A company consistently losing money on its invested capital will struggle to compete effectively in the long run.

When compared to sector peers, such as Apollo Finvest, a qualitative assessment of management quality becomes crucial. While Apollo Finvest's financial metrics should be individually evaluated, a comparison of their strategic decisions, risk management practices, and overall operational efficiency would be valuable. A superior management team can often navigate challenging market conditions more effectively and build a stronger long-term franchise.

This analysis is part of a comprehensive 80-parameter fundamental audit, verified by Sweta Mishra, focusing on key indicators like asset quality, capital adequacy, and management efficiency. This assessment allows for a more nuanced understanding of the underlying risks and opportunities associated with Ashika Credit Capital Ltd. It is important to remember this is an observational analysis and should not be considered investment advice.

SM
Analysis by Sweta Mishra
SEBI Registered Research Analyst

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Ashika Credit Capital Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of ASHIKA across key market metrics for learning purposes.

Positive Indicators

3 factors identified

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (50.88%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

5 factors identified

Below-Average Return on Equity (-20.26%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (-22.15%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

Weak Interest Coverage (-7.83x)

Observation: Limited ability to service debt obligations from earnings.

Analysis: Low interest coverage raises concerns about financial stability.

Limited Institutional Interest (FII+DII: 0.85%)

Observation: Low institutional participation may affect liquidity.

Analysis: Limited institutional interest may indicate size constraints or visibility issues.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Ashika Credit Capital Ltd Financial Statements

Comprehensive financial data for Ashika Credit Capital Ltd including income statement, balance sheet and cash flow

About ASHIKA (Ashika Credit Capital Ltd)

Ashika Credit Capital Ltd is a prominent Non-Banking Financial Company (NBFC) operating within the Indian financial landscape. The company has established itself as a provider of d...iverse financial solutions catering to a broad spectrum of client needs. Its core business revolves around the provision of credit and capital through various instruments, facilitating growth and expansion for its clientele. Ashika Credit Capital Ltd aims to bridge the gap between traditional banking services and specialized financial requirements, offering tailored solutions designed to address specific challenges and opportunities. With a keen understanding of the Indian market, the company strives to be a trusted partner in its clients' financial journeys, contributing to their success and the overall economic development of the nation. The financial instruments that Ashika Credit Capital Ltd engages with encompass a range of options. The company strategically deploys financial resources through avenues such as corporate lending, which are loans to corporations and various forms of investments. This includes financial assets such as stocks, debentures, and mutual funds. Ashika Credit Capital Ltd also offers loan services to support businesses and individuals to achieve their financial goals. The company positions itself as a facilitator of financial mobility, offering assistance to organizations seeking expansions. Through these varied offerings, Ashika Credit Capital Ltd aims to foster financial activity and empower its customers. Ashika Credit Capital Ltd serves a diverse range of customers, encompassing individuals, micro, small, and medium-sized enterprises (MSMEs), and larger corporate entities. The company emphasizes building strong client relationships, understanding their unique financial circumstances, and providing customized solutions that align with their specific objectives. Ashika Credit Capital Ltd positions itself as a reliable partner, and with a commitment to ethical practices. The company prioritizes responsible lending and investment practices, ensuring transparency and compliance with regulatory guidelines. Through its client-centric approach and dedication to sustainable growth, Ashika Credit Capital Ltd strives to be a driving force in the Indian financial sector, empowering its customers and contributing to the nation's economic prosperity.

Company Details

Symbol:ASHIKA
Industry:Non Banking Financial Company (NBFC)
Sector:Non Banking Financial Company (NBFC)
Website:https://www.ashikagroup.com

Key Leadership

Mr. Daulat Jain FCA
MD & Executive Director
Mr. Gaurav Jain
Chief Financial Officer
Ms. Anju Mundhra
Company Secretary, Compliance Officer & Nodal Officer - Statutory Requirements

Corporate Events

Recent
Ex-Dividend Date
2019-08-01

Latest News

Ashika Group gets SEBI’s in-principle nod to launch mutual fund business - Moneycontrol
Moneycontrol• 12/31/2025
Ashika Credit Capital Ltd Receives SEBI In-Principle Approval for Mutual Fund Sponsorship - scanx.trade
scanx.trade• 12/30/2025
Reversal Confirmed Ashika Credit Capital Limited Stock Rallies Above MA - Gap Up/Gap Down Analysis & Outstanding Growth Opportunities - bollywoodhelpline.com
bollywoodhelpline.com• 12/29/2025

ASHIKA Share Price: Frequently Asked Questions

What is the current share price of Ashika Credit Capital Ltd (ASHIKA)?

As of 17 Apr 2026, 11:00 am IST, Ashika Credit Capital Ltd share price is ₹331.45. The ASHIKA stock has a market capitalisation of ₹1.24K (Cr) on NSE/BSE.

Is ASHIKA share price Overvalued or Undervalued?

ASHIKA share price is currently trading at a P/E ratio of 0.00x, compared to the industry average of 22.03x. Based on this relative valuation, the Ashika Credit Capital Ltd stock appears to be Fairly Valued against its sector peers.

What is the 52-week high and low of ASHIKA share price?

The 52-week high of ASHIKA share price is ₹490.50 and the 52-week low is ₹285.80. These values are updated daily from NSE/BSE price data.

What factors affect the Ashika Credit Capital Ltd share price?

Key factors influencing ASHIKA share price include quarterly earnings growth (Sales Growth: N/A%), raw material costs, government infrastructure spending, and institutional flows (FII/DII holding).

Is Ashika Credit Capital Ltd a good stock for long-term investment?

Ashika Credit Capital Ltd shows a 5-year Profit Growth of N/A% and an ROE of -20.26%. Long-term investors should consider these fundamentals alongside the debt-to-equity ratio of 0.00 before investing in ASHIKA shares.

How does Ashika Credit Capital Ltd compare with its industry peers?

Ashika Credit Capital Ltd competes with major peers in the Non Banking Financial Company (NBFC). Investors should compare ASHIKA share price P/E of 0.00x and ROE of -20.26% against the industry averages to determine competitive standing.

What is the P/E ratio of ASHIKA and what does it mean?

ASHIKA share price has a P/E ratio of N/Ax compared to the industry average of 22.03x. Investors pay ₹N/A for every ₹1 of annual earnings.

How is ASHIKA performing according to Bull Run's analysis?

ASHIKA has a Bull Run fundamental score of 8/100, indicating concerns requiring careful analysis. This comprehensive rating is based on 15+ financial parameters.

What sector and industry does ASHIKA belong to?

ASHIKA operates in the Non Banking Financial Company (NBFC) industry. This classification helps understand the competitive landscape and sector-specific trends affecting Ashika Credit Capital Ltd share price.

What is Return on Equity (ROE) and why is it important for ASHIKA?

ASHIKA has an ROE of -20.26%, which suggests challenges in generating returns from shareholders equity. ROE measures how efficiently Ashika Credit Capital Ltd generates profits from shareholders capital.

How is ASHIKA debt-to-equity ratio and what does it indicate?

ASHIKA has a debt-to-equity ratio of 0.00, which indicates conservative financing with low financial risk.

What is ASHIKA dividend yield and is it a good dividend stock?

ASHIKA offers a dividend yield of 0.00%, meaning you receive ₹0.00 annual dividend for every ₹100 invested in Ashika Credit Capital Ltd shares.

How has ASHIKA share price grown over the past 5 years?

ASHIKA has achieved 5-year growth rates of: Sales Growth N/A%, Profit Growth N/A%, and EPS Growth N/A%.

What is the promoter holding in ASHIKA and why does it matter?

Promoters hold 50.88% of ASHIKA shares, with 0.00% pledged. High promoter holding often indicates strong management confidence in Ashika Credit Capital Ltd.

What is ASHIKA market capitalisation category?

ASHIKA has a market capitalisation of ₹1241 crores, placing it in the Small-cap category.

How volatile is ASHIKA stock?

ASHIKA has a beta of N/A. A beta > 1 suggests the Ashika Credit Capital Ltd stock is more volatile than the market, while a beta < 1 suggests it is less volatile.

What is ASHIKA operating profit margin trend?

ASHIKA has a 5-year average Operating Profit Margin (OPM) of N/A%, indicating the company's operational efficiency.

How is ASHIKA quarterly performance?

Recent quarterly performance shows Ashika Credit Capital Ltd YoY Sales Growth of N/A% and YoY Profit Growth of N/A%.

What is the institutional holding pattern in ASHIKA?

ASHIKA has FII holding of 0.85% and DII holding of 0.00%. Significant institutional holding often suggests professional confidence in the Ashika Credit Capital Ltd stock.

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Frequently Asked Questions about Ashika Credit Capital Ltd

What is the current share price of Ashika Credit Capital Ltd?

Ashika Credit Capital Ltd (ASHIKA) trades at ₹331.45 on NSE and BSE. Market cap ₹1.24K (Cr). Educational data only.

What is the P/E ratio of Ashika Credit Capital Ltd?

Ashika Credit Capital Ltd has a P/E of N/Ax vs industry average 22.03x.

What is the Bull Run score for Ashika Credit Capital Ltd?

Ashika Credit Capital Ltd has a Bull Run score of 8/100 based on 25+ financial parameters.

Does Ashika Credit Capital Ltd pay dividends?

Ashika Credit Capital Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Ashika Credit Capital Ltd?

Ashika Credit Capital Ltd has ROE of -20.26%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Ashika Credit Capital Ltd?

Ashika Credit Capital Ltd has debt-to-equity of 0.00.

Is Ashika Credit Capital Ltd a good investment?

Bull Run gives Ashika Credit Capital Ltd a score of 8/100. This is not investment advice — consult a SEBI-registered advisor.