Ashika Global Securities Ltd.

•

ashikagroup.comBSE: -NSE: ASHIKAG

Market Cap₹ 3,108 Cr.

Current Price

High / Low₹ 521 / 340

Stock P/E40.2

Book Value₹ 177

Price to Book4.83

Dividend Yield0.12 %

ROCE-22.1 %

ROE-23.3 %

Face Value₹ 10

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2012 • Commodity Trading Activities: 62.4% • Investment & Financing Activities: 37.6%

AI Sector View

AI GENERATED

Financial Services

Buy

Financials remain one of the clearest macro beneficiaries. Loan growth was 18.3% (Aug/26) versus deposit growth 14.7% (Aug/26), SCB credit growth was 17.5% YoY (2026-07), UPI transactions rose 22.0% YoY (2026-07), and M3 money supply grew 15.0% YoY (2026-07). Sector flows have also turned meaningfully supportive, with INR 13171 crore net FPI inflow over 3 months to 2026-08-31 after INR -114652 crore in the prior 3 months.

Confidence

84%

View full sector analysis →

PROS

Promoters have been increasing their shareholding - up 13.8pp over 2 years
Latest quarter profit grew 1910.9% YoY, showing strong momentum

CONS

Company is loss-making at the operating / net level
Company's return on assets is weak at -19.5%

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

Financial ServicesFinanceFinance - NBFC

Part ofNIFTY 50 NIFTY 500 NIFTY LARGEMIDCAP 250 NIFTY 100 NIFTY 200

S.No.	Name
1.	BAJFINANCE	1055.00	32.35	656838.18	0.57	6080.60	27.60	23165.45	20.37	10.87	70.70
2.	SHRIRAMFIN	1029.95	21.41	242345.54	1.05	3452.77	59.90	13400.43	17.46	11.49	74.63
3.	TATACAP	367.80	28.89	156126.28	0.15	16281.80	1464.16	88219.30	1051.00	8.66	75.72
4.	CHOLAFIN	1824.90	27.10	155858.50	0.11	1656.22	45.56	8856.29	21.89	9.70	70.07
5.	JIOFIN	233.50	74.61	154183.36	0.26	830.25	155.73	2004.47	227.28	2.11	69.71
6.	BAJAJHLDNG	11055.60	13.89	123041.65	1.76	2708.08	-92.27	394.33	23.34	14.81	684.72
7.	MUTHOOTFIN	2896.70	10.23	116293.37	1.04	2824.84	43.08	8671.60	36.25	15.87	83.76
8.	ABCAPITAL	396.20	26.43	108461.67	0.00	1223.85	43.85	12179.54	137.84	8.82	41.91
9.	LTF	308.50	24.30	77320.98	0.89	915.99	30.70	5212.92	22.38	8.54	62.13
10.	SBICARD	668.55	27.96	63622.10	0.37	664.44	19.51	5040.55	7.60	11.75	29.83
11.	HDBFS	682.70	26.07	56716.32	0.59	785.20	38.31	4937.90	18.71	9.09	57.98
12.	ASHIKAG	420.45	40.23	3108.20	0.12	1009.66	1910.91	1686.88	2313.62	-22.15	81.85

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	44	70	18	8	50	1,687
	98	4	3	7	68	424
Operating Profit	-54	66	15	1	-18	1,381
OPM %	-123.42%	94.65%	81.87%	8.52%	-35.95%	81.85%
Other Income	1	0	0	0	4	35
Interest	10	0	0	0	3	74
Depreciation	4	0	0	0	5	44
	-67	66	15	1	-22	1,297
Tax %	30.27%	24.04%	25.31%	150.82%	-65.12%	22.17%
Net Profit	0	50	11	-0	-35	1,010
	-8	13	3	-0	-5	14

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025	TTM
	18	4	1,762
	5	63	502
Operating Profit	13	-59	1,260
OPM %	70.96%	-1394.89%	71.51%
	0	0	38
Interest	1	8	76
Depreciation	0	0	49
Profit before Tax	13	-67	1,291
Tax %	16.12%	22.80%	23.72%
Net Profit	11	-51	985
EPS	9.01	-15.54	—
Dividend Payout %	0.00%	0.00%	—

COMPOUNDED SALES GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

COMPOUNDED PROFIT GROWTH

10 Years:: —
5 Years:: —
3 Years:: —

STOCK PRICE CAGR

10 Years:: —
5 Years:: —
3 Years:: —
1 Year:: —

RETURN ON EQUITY

10 Years:: —
5 Years:: —
3 Years:: —
Last Year:: -23%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
Equity Capital	12	33
	56	340
	25	1
	4	58
Total Liabilities	97	432
	0	1
	94	341
Cash & Bank	1	8
	2	83
Total Assets	97	432

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025
	-26	-388
Cash from Investing	0	-1
Cash from Financing	25	399
	0	8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2024	Mar 2025

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	60.53	63.40	60.27	58.69	50.88	50.88	57.99	57.99	74.31
	2.72	1.51	1.29	0.93	0.81	0.85	0.73	0.73	1.45
	0.00	0.00	0.52	0.39	0.00	0.00	0.00	0.00	0.00
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	36.75	35.09	37.92	39.99	48.31	48.28	41.28	41.28	24.23

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

No announcements filed.

News

Recent coverage and analyst commentary for ASHIKAG

Loading news…

🤖

AI Stock Analyst

Ashika Global Securities Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

BAJFINANCE

1055.00

32.35

656838.18

0.57

6080.60

27.60

23165.45

20.37

10.87

70.70

SHRIRAMFIN

1029.95

21.41

242345.54

1.05

3452.77

59.90

13400.43

17.46

11.49

74.63

TATACAP

367.80

28.89

156126.28

0.15

16281.80

1464.16

88219.30

1051.00

8.66

75.72

CHOLAFIN

1824.90

27.10

155858.50

0.11

1656.22

45.56

8856.29

21.89

9.70

70.07

JIOFIN

233.50

74.61

154183.36

0.26

830.25

155.73

2004.47

227.28

2.11

69.71

BAJAJHLDNG

11055.60

13.89

123041.65

1.76

2708.08

-92.27

394.33

23.34

14.81

684.72

MUTHOOTFIN

2896.70

10.23

116293.37

1.04

2824.84

43.08

8671.60

36.25

15.87

83.76

ABCAPITAL

396.20

26.43

108461.67

0.00

1223.85

43.85

12179.54

137.84

8.82

41.91

LTF

308.50

24.30

77320.98

0.89

915.99

30.70

5212.92

22.38

8.54

62.13

SBICARD

668.55

27.96

63622.10

0.37

664.44

19.51

5040.55

7.60

11.75

29.83

HDBFS

682.70

26.07

56716.32

0.59

785.20

38.31

4937.90

18.71

9.09

57.98

ASHIKAG

420.45

40.23

3108.20

0.12

1009.66

1910.91

1686.88

2313.62

-22.15

81.85

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

1,687

424

Operating Profit

-54

-18

1,381

OPM %

-123.42%

94.65%

81.87%

8.52%

-35.95%

81.85%

Other Income

Interest

Depreciation

-67

-22

1,297

Tax %

30.27%

24.04%

25.31%

150.82%

-65.12%

22.17%

Net Profit

-0

-35

1,010

-8

-0

-5

Mar 2024

Mar 2025

TTM

1,762

502

Operating Profit

-59

1,260

OPM %

70.96%

-1394.89%

71.51%

Interest

Depreciation

Profit before Tax

-67

1,291

Tax %

16.12%

22.80%

23.72%

Net Profit

-51

985

EPS

9.01

-15.54

—

Dividend Payout %

0.00%

—

Mar 2024

Mar 2025

Equity Capital

340

Total Liabilities

432

341

Cash & Bank

Total Assets

432

Mar 2024

Mar 2025

-26

-388

Cash from Investing

-1

Cash from Financing

399

Mar 2024

Mar 2025

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

60.53

63.40

60.27

58.69

50.88

57.99

74.31

2.72

1.51

1.29

0.93

0.81

0.85

0.73

1.45

0.00

0.52

0.39

0.00

Government

0.00

36.75

35.09

37.92

39.99

48.31

48.28

41.28

24.23

Ashika Global Securities Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Ashika Global Securities Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI