Ashika Credit Capital Ltd - Stock Valuation and Financial Performance

BSE: 543766 | NSE: | Finance - NBFC | Small Cap

Ashika Credit Cap Share Price

68 1.98 3.00%
as on 28-Mar'24 16:01

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Ashika Credit Capital stock performance -

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P/E Ratio (SA):
4.82
Market Cap:
81.1 Cr.
52-wk low:
31
52-wk high:
91.1

Is Ashika Credit Capital Ltd an attractive stock to invest in?

1. Is Ashika Credit Capital Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashika Credit Capital Ltd is a below average quality company.

2. Is Ashika Credit Capital Ltd undervalued or overvalued?

The key valuation ratios of Ashika Credit Capital Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Ashika Credit Capital Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ashika Credit Capital Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ashika Credit Cap:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ashika Credit Capital Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Operating Income (₹ Cr.)6.43.12.13.710.918.17.16.56.810.625
YoY Gr. Rt. %--50.9%-31.4%70.6%198.6%65.8%-60.7%-8.3%3.8%56.6%-
Adj EPS (₹ ) -2.61.3-8.62.72.67.5-2.11.43514.2
YoY Gr. Rt. %-NA-742.9%NA-4.5%189.9%-128.7%NA113.8%67.8%-
BVPS (₹ )38.139.430.933.63742.53940.343.348.362.7
YoY Gr. Rt. %-3.5%-21.7%8.8%10.2%15%-8.4%3.5%7.4%11.5%-
To view Net Profit/Total Funds (%) Colour Rating Guide click here
Net Profit/Total Funds (%)-3.82.9-21.363.38.4-4.43.46.29.50

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Net Interest Income5.8%-0.6%14.2%56.6%
Adj EPSNA14%NA67.8%
BVPS2.7%5.5%7.4%11.5%
Share Price - - - 78.8%

Key Financial Ratios

RATIOS \ YEARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Asset Quality Ratio To view Asset Quality Ratio Colour Rating Guide click here
Net NPA to Net Advances (%)0000000000-
Capitalization Ratio To view Capitalization Ratio Colour Rating Guide click here
Capital Adequacy Ratio (%) 0000000000-
Margins
Net Profit Margin (%)-28.429.8-279.651.625.546.8-35.725.151.855.567.7
Performance Ratios To view Performance Ratios Colour Rating Guide click here
Return on Equity (%)-6.63.4-24.48.48.819.2-5.43.57.110.822.4

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 25.50%

Total Income has increased 14.24 CAGR in last 3 years

Net Profit has declined 0.00 CAGR in last 3 years

Total income growth is poor in last 4 quarters

Latest Financials - Ashika Credit Capital Ltd.

Standalone Consolidated
TTM EPS (₹) 14.2 0.5
TTM Sales (₹ Cr.) 24.8 29.1
BVPS (₹.) 62.7 0
Reserves (₹ Cr.) 63 5
P/BV 1.09 0.00
PE 4.82 131.65
From the Market
52 Week Low / High (₹) 31.00 / 91.05
All Time Low / High (₹) 13.85 / 255.00
Market Cap (₹ Cr.) 81.1
Equity (₹ Cr.) 11.9
Face Value (₹) 10
Industry PE 31

Management X-Ray of Ashika Credit Cap:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ashika Credit Cap

Adj EPS (Rs.)

Total Income (Cr.)

ROE (%)

BVPS (Rs.)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Income6.423.132.166.5411.0422.017.246.8411.2912.54
Interest Income6.363.122.143.6510.9018.077.116.526.7710.60
Other Income 0.060.010.022.890.143.940.130.324.531.94
Expenditure 8.112.0510.273.567.2710.4410.764.375.854.60
Interest Expense 2.150.200.0604.647.430.4600.080.12
Operating Expenses 0.790.751.091.722.112.973.561.303.524.44
Provisions 5.181.109.121.830.520.046.733.072.240.04
Exceptional Items 0000000000
Profit Before Tax -1.701.08-8.112.993.7611.57-3.522.475.447.94
Taxes 0.110.15-2.121.100.993.12-0.980.841.942.06
Profit After Tax -1.810.93-5.981.882.788.45-2.541.633.515.89
Adjusted EPS (₹)-2.61.3-8.62.72.67.5-2.11.43.05.0
Dividend Payout Ratio (%)0%0%0%0%0%13%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Equity Capital26.6527.5721.5823.4739.9448.2446.2847.9351.4657.36
Share Capital 777710.8011.3411.8811.8811.8811.88
Reserves 19.6520.5714.5916.4729.1436.9034.4036.0539.5845.48
Minority Interest0000000000
Long Term Borrowings1.081.275.276.51-0.63-0.66-0.051.550.710.52
Current Liabilities 7.650.110.525.7893.2219.741.390.4410.892.65
Trade Payables0.020.010.070000000
Short term borrowings7.51005.5091.7416.83009.750
Other Liabilities-7.53-0.01-0.07-5.50-90.77-16.3400-9.750
Total Liabilities 35.3728.9527.3735.75133.5067.8147.6249.9163.0660.53

Assets

Non Current Asset 1.813.871.172.292.5157.5146.104.8645.1437.98
Loan Asset 0000055.7042.09000
Other Non Current Asset 1.813.871.172.292.511.814.014.8645.1437.98
Current Asset 33.5725.0826.2033.46130.9810.301.5245.0517.9222.54
Current Investment008.820000000
Other Current Asset33.5725.0817.3933.46130.9810.301.5245.0517.9222.54
Total Assets 35.3728.9527.3735.75133.5067.8147.6249.9163.0660.53

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 9.866.542.25-16.37-85.8266.878.301.60-11.869.88
Cash Flow From Investing Activity 13.647.10-8.1010.890.0100.1900-0.15
Cash Flow From Financing Activity -23.65-7.5105.50100.91-73.45-16.7409.75-9.75
Net Cash Flow -0.156.12-5.840.0215.09-6.58-8.251.60-2.11-0.02
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Operational & Financial Ratios

EPS (₹)-31-9337-2135
DPS (₹)0000010000
BVPS (₹)38393134374339404348

Performance Ratios

ROA (%)-3.82.9-21.36.03.38.4-4.43.46.29.5
ROE (%)-6.63.4-24.48.48.819.2-5.43.57.110.8
ROCE (%)1.04.1-32.811.810.419.2-5.55.310.113.6

Valuation Parameters

Price/Book(x)1.71.11.00.90.00.00.51.00.90.8

Ashika Credit Capital Ltd Stock News

Ashika Credit Capital Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ashika Credit Cap on 28-Mar-2024 16:01 is ₹68.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 28-Mar-2024 16:01 the market cap of Ashika Credit Cap stood at ₹81.08.
The latest P/E ratio of Ashika Credit Cap as of 28-Mar-2024 16:01 is 4.82.
The latest P/B ratio of Ashika Credit Cap as of 28-Mar-2024 16:01 is 1.09.
The 52-week high of Ashika Credit Cap is ₹91.05 and the 52-week low is ₹31.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ashika Credit Cap is ₹24.83 ( Cr.) .

About Ashika Credit Capital Ltd

Ashika Credit Capital Limited, Flagship Company of Kolkata based Ashika Group, a RBI-registered non-deposit taking non-banking financial company, is engaged in a gamut of financial services which includes fund based activities like providing loans and advances, inter corporate deposits, loans against securities and investments in shares and securities. The Company's services are available to individuals, corporate and financial institutions throughout India. The company’s shares are traded at BSE and listed with CSE & MSEI. It floated its shares to public in 2000.

The company started its journey in the year 1994 as a financial service provider and from thereon it moved ahead by expanding and diversifying its scope of services. The Company is headed and promoted by Pawan Jain and Daulat Jain. It possess a rich experience of more than 25 years in the Finance and service industry. Over the years, it has taken the Company to newer heights and the Company has emerged as one of the most trusted financial services providers with a strong presence in Eastern India.

Business area of the company

The Company is engaged in fund-based activities like providing loans and advances, inter-corporate deposits, loans against securities and investments in shares and securities. The Company provides services to individuals, corporate and financial institutions.

Business segment
  • Retail Broking
  • Institutional Equity
  • Lending
  • Investment Banking
  • Wealth Management
  • Investment Fund
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