Ashika Global Securities (ASHIKAG) had a P/E of 32.0× on 6 Nov 2026, and the shares are 18% below their 52-week high. Its ROE of 9.1% is the lowest among the 7 largest Credit Services peers, and net profit grew 117% a year over 3 years. For banks and lenders, ROCE and debt-to-equity are not used; it trades at 2.15× book value and its dividend yield is 0.1%. It is a small-cap company with a market cap of ₹2,738 Cr, ranked 36th of 193 Credit Services companies by market cap; the shares fell 14% over the past year.
- ₹370.15
- ₹371.00
- ₹367.10
- ₹372.45
- 2K
Health check
- ReturnsBehind
−14.4% over a year, better than 2 of 7 peers.
- Price tagCheaper
P/B 2.15 vs peer median 2.62.
- GrowthStrong
Profit +117.1% a year over 3 years.
- ProfitabilityWeak
ROE 9.1% vs peer median 18.7%.
- Balance sheetSolid
Return on assets 7.17%. Bad-loan data isn’t covered.
- Red flagsNone found
No warning signs in the headline numbers.
Small cap
Defensive
Key metrics
- Market cap
- ₹2,738 Cr
- Small cap
- P/E
- 32.0
- Industry 15.5
- Price to book
- 2.15
- Peers 2.62
- Dividend yield
- 0.14%
- ROE
- 9.1%
- Peers 18.7%
- ROCE
- n/m
- Not meaningful for lenders
- Debt to equity
- n/m
- Not meaningful for lenders
- EPS (TTM)
- ₹11.57
- Face value ₹10
- OPM (TTM)
- 84.2%
- Net margin 32.4%
- Sales growth
- n/m
- Not meaningful for lenders
- Profit growth
- +525.0%
- Latest quarter vs a year ago
- Price to sales
- 10.01
Strengths and risks
Strengths
- Quarterly profit up 525.0% on a year ago.
About Ashika Global Securities
Ashika Global Securities Limited provides investment and lending solutions in India. It provides loans and advances, loans against securities, inter-corporate deposits, and investment in shares and securities. The company also offers retail broking; lending; investment banking; global family office services; alternative investment funds; research advisory; institutional broking; private equity services; and insurance and insurance related services. It…
- Headquarters
- Mumbai
- Employees
- 21
- Sector
- Financial Services
- ISIN
- INE094B01013
- Website
- ashikagroup.com
Price range
- Avg volume (3M)
- 36.1K
- 1-year return
- minus 14.4%
- From 52-week high
- minus 17.9%
Peers · Credit Services
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| BAJFINANCEBajaj Finance | 1,087.75 | plus 1.66% | 6,77,005 | 31.3 | 5.49 | 19.0% | 3.8% | 18.2% | 0.50% | plus 1.2% |
| SHRIRAMFINShriram Finance | 961.15 | minus 0.30% | 2,26,167 | 16.0 | 2.03 | 14.8% | 3.9% | 18.6% | 1.80% | plus 21.0% |
| CHOLAFINCholamandalam Investment and Finance Company | 1,785.00 | plus 1.42% | 1,53,103 | 24.5 | 4.41 | 20.6% | 2.6% | 25.2% | 0.11% | plus 0.8% |
| TATACAPTata Capital | 358.05 | plus 2.93% | 1,50,979 | 25.4 | 3.10 | 14.1% | 2.2% | – | 0.16% | plus 5.6% |
| MUTHOOTFINMuthoot Finance | 2,869.00 | plus 1.06% | 1,15,181 | 9.4 | 2.62 | 31.6% | 6.3% | 43.1% | 1.05% | minus 11.0% |
| PFCPower Finance Corporation | 328.80 | minus 0.18% | 1,08,507 | 4.1 | 0.74 | 18.7% | 2.7% | 17.7% | 4.99% | minus 16.9% |
| IRFCIndian Railway Finance Corporation | 80.43 | plus 0.37% | 1,05,110 | 14.3 | 1.73 | 12.6% | 1.4% | 4.4% | 2.74% | minus 34.4% |
| ASHIKAGAshika Global Securities | 370.35 | minus 0.56% | 2,738 | 32.0 | 2.15 | 9.1% | 7.2% | 117.1% | 0.14% | minus 14.4% |
| Median of 7 peers | – | 1.06% | 1,50,979 | 16.0 | 2.62 | 18.7% | 2.7% | 18.4% | 1.05% | 0.8% |
Quarterly results
| ₹ Cr | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|
| 37.9 | 6.3 | 43.1 | 39.4 | 63.4 | |
| 15.7 | 5.7 | 63.6 | −91.3 | 46 | |
| 22.2 | 0.6 | −20.6 | 131 | 17.4 | |
| 58.5% | 10.1% | −47.7% | 331.7% | 27.5% | |
| 2.2 | 0 | 3.6 | 3.5 | 0.9 | |
| 0.1 | – | – | – | – | |
| 4 | 0 | 4.5 | 4.4 | 4.6 | |
| 20.3 | 0.6 | −21.5 | 130 | 13.7 | |
| 87.0% | 151.0% | −65.1% | 22.2% | −24.8% | |
| 2.8 | −0.1 | −35.1 | 101 | 17.5 | |
| 0.73 | -0.02 | -4.43 | 13.69 | 2.32 |
Profit & loss
- Profit CAGR 3Y
- +117.1%
- EPS CAGR 3Y
- +17.3%
- ROE
- 9.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.4 | 16 | 213 | 189 | |
| – | +40.3% | +1233.5% | minus 11.1% | |
| 4.9 | 3 | 131 | 96.4 | |
| 6.5 | 13 | 82.2 | 93 | |
| 57.4% | 81.3% | 38.6% | 49.1% | |
| 0 | 0 | 29.6 | 31.9 | |
| 0 | 0.4 | 6.4 | 15.7 | |
| 0 | 0 | 8.7 | 17.1 | |
| 1.4 | 0.1 | 0.3 | −0 | |
| 7.9 | 12.8 | 97 | 92.1 | |
| 25.9% | 16.1% | 22.0% | 35.6% | |
| 5.9 | 10.7 | 75.7 | 60.3 | |
| – | +81.9% | +607.5% | minus 20.4% | |
| 4.95 | 9.01 | 11.85 | 7.98 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 11.9 | 11.9 | 33.1 | 44.7 | |
| 45.5 | 56.2 | 958 | 1,124 | |
| 0 | 25.1 | 220 | 262 | |
| 1.7 | 1.7 | 316 | 432 | |
| 59.1 | 94.9 | 1,528 | 1,862 | |
| 0.2 | 0.2 | 154 | 151 | |
| – | – | 6.9 | 0.3 | |
| 0 | 0 | 12.1 | 65.5 | |
| 37.3 | 94.1 | 1,059 | 1,164 | |
| 21.5 | 0.6 | 297 | 481 | |
| 59.1 | 94.9 | 1,528 | 1,862 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 9.9 | −24.8 | −191 | −86 | |
| −0.2 | – | −14 | −22.8 | |
| −9.8 | 25 | 216 | 158 | |
| −0 | 0.2 | 10.8 | 49.2 | |
| −0.2 | – | −2.5 | −0.2 | |
| 9.7 | −24.8 | −194 | −86.2 | |
| – | – | −0 | – |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company. Institutions hold about 1.3% (Yahoo estimate).
Major shareholders
Filings & events
News
No recent news coverage found.