Ashika Credit

BSE: ASHIKA · Non Banking Financial Company (NBFC)

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Snapshot

Unlock Ashika Credit's vital signs

Growth · Profitability · Valuation · Strength · Conviction

Company Overview

Business

Ashika Credit Capital Ltd. is a non-banking financial company (NBFC) that provides a comprehensive suite of financial services including investment banking, corporate lending, and various trading platforms. The firm also facilitates wealth management through mutual fund distribution, bond distribution, and alternative investment funds.

Business Model

The company generates revenue through fee-based income from investment banking and advisory services, alongside interest income derived from its corporate lending portfolio. It further leverages its brokerage and distribution network to earn commissions on equity, commodity, and currency trading services.

Growth Outlook

Growth is primarily driven by the expansion of its corporate lending book and the increasing penetration of its investment banking and advisory services in the Indian capital markets. The company continues to focus on diversifying its product offerings to capture a larger share of the financial services sector.

Key Risks

  • Market Volatility. Fluctuations in equity and commodity markets directly impact the company's brokerage and trading-related fee income.
  • Credit Risk. The corporate lending portfolio is susceptible to defaults, which could adversely affect the company's asset quality and profitability.
  • Regulatory Risk. As an NBFC, the company is subject to stringent and evolving regulatory oversight by the Reserve Bank of India, which may impact operational flexibility.
  • Interest Rate Risk. Adverse movements in interest rates can compress net interest margins and increase the cost of borrowing for the company's lending activities.

Price

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Peers · Non Banking Financial Company (NBFC)

CompanyMkt Cap (Cr)P/EEV/EBITDARev Gr YoYEBITDA MgnROEROCE1Y Return
Ashika CreditASHIKA
+5.8%
Bajaj Finance Ltd.BAJFINANCE
5,24,64833.9018.4%19.1%+12.6%
Shriram Finance Ltd.SHRIRAMFIN
1,72,35119.2215.0%17.0%+53.3%
Tata CapitalTATACAP
1,37,873
Muthoot Finance Ltd.MUTHOOTFIN
1,25,72511.3654.4%33.3%+13.1%
Cholamandalam Investment and Finance Company Ltd.CHOLAFIN
1,20,80928.8920.2%20.6%+14.8%

Financials