Ashika Global Securities Ltd.

Ashika Global Securities Ltd. (ASHIKAG) is a micro-cap Financial Services company valued at ₹3,036 crore operating in Non Banking Financial Company (NBFC) on the NSE and BSE.

Recent price move

Ashika Global Securities Ltd. last traded at ₹415, modestly down 0.11% on the day.

Recent developments

On 2026-08-04, the company's net worth increased by 15%, and the board approved a plan to raise ₹1,000 crore through a Qualified Institutions Placement, pending shareholder and regulatory approval.

Financial performance

The company's business has improved significantly, with annual net profit swinging from a loss of ₹51 crore to a profit of ₹59 crore. The latest quarter net profit rose 14.8% year-over-year to ₹101 crore, showing stronger performance in the recent period.

Valuation multiples

The stock trades at 30.8 times earnings, a premium to the Financial Services median of 21.4, 2.48 times book value. It yields 0.1%.

Things to watch

The stock is 21.0% below its 52-week high, and the company's return on equity is 7.5%, which is relatively low compared to industry benchmarks. The promoter holding is 74.31%, indicating a concentrated ownership structure.

Where it stands

The company has shown strong profit growth, with a 289.3% three-year CAGR in profit. The latest quarter net profit was ₹101 crore, up 14.8% from the same quarter a year earlier. The stock is currently 21.0% below its 52-week high.

Summarised by DocStoX's model on 2026-09-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.