ASHIKAG
ASHIKAG financials
- Market cap
- ₹3.0k Cr
- Sector
- Financial Services
Quarterly results
Q1 FY27: revenue up 43.2%, net profit up 14.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 17 | 2 | 44 | 118 | 21 +24% | 45 +2150% | 50 +14% | 169 +43% |
| Net profit | 9 | -19 | -47 | 88 | 12 +33% | -4 +79% | -36 +23% | 101 +15% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −5.3% YTD
YTD: ₹429.65 on 27 Jul 2026 → ₹407.05. High ₹498.55 (31 Jul 2026), low ₹406.6 (15 Sept 2026).
Financials, as filed
Revenue grew 189.1% a year over 2 years, FY24 to FY26.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹28 Cr | ₹82 Cr | ₹234 Cr |
| Interest | ₹0 Cr | ₹15 Cr | ₹20 Cr |
| Depreciation | ₹0 Cr | ₹4 Cr | ₹14 Cr |
| Net profit | ₹11 Cr | ₹-44 Cr | ₹60 Cr |
| Net margin | 39.3% | -53.7% | 25.6% |
| ROE | 16.0% | 14.0% | 6.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹33 Cr | ₹45 Cr |
| Reserves | ₹36 Cr | ₹40 Cr | ₹45 Cr | ₹56 Cr | ₹407 Cr | ₹1.1k Cr |
| Borrowings | ₹0 Cr | ₹10 Cr | ₹0 Cr | ₹25 Cr | ₹1 Cr | ₹262 Cr |
| Other liabilities | ₹1 Cr | ₹1 Cr | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹432 Cr |
| Total liabilities | ₹49 Cr | ₹62 Cr | ₹59 Cr | ₹95 Cr | ₹443 Cr | ₹1.9k Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹186 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹43 Cr | ₹37 Cr | ₹94 Cr | ₹341 Cr | ₹723 Cr |
| Other assets | ₹48 Cr | ₹19 Cr | ₹22 Cr | ₹1 Cr | ₹102 Cr | ₹953 Cr |
| Total assets | ₹49 Cr | ₹62 Cr | ₹59 Cr | ₹95 Cr | ₹443 Cr | ₹1.9k Cr |
How to read this
As filed on each reporting date, including interim balance sheets. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −24.51 pp while promoters added +23.44 pp. The shareholder count grew 17% to 4,572.
- Promoters
- 74.3%
- FIIs
- 1.4%
- DIIs
- 0.4%
- Public
- 23.8%
Since Jun 2025
- Public −24.51 pp
- Promoters +23.44 pp
- FIIs +0.64 pp
How it drifted, 12 quarters
Over this window promoters went from 58.4% to 74.3% — +15.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 58.4%, FIIs 2.7%, Public 38.9%.Dec '23: Promoters 59.0%, FIIs 2.7%, Public 38.3%.Mar '24: Promoters 59.0%, FIIs 2.7%, Public 38.3%.Jun '24: Promoters 60.5%, FIIs 2.7%, Public 36.8%.Sep '24: Promoters 63.4%, FIIs 1.5%, Public 35.1%.Dec '24: Promoters 60.3%, FIIs 1.3%, DIIs 0.5%, Public 37.9%.Mar '25: Promoters 58.7%, FIIs 0.9%, DIIs 0.4%, Public 40.0%.Jun '25: Promoters 50.9%, FIIs 0.8%, Public 48.3%.Sep '25: Promoters 50.9%, FIIs 0.8%, Public 48.3%.Dec '25: Promoters 58.0%, FIIs 0.7%, Public 41.3%.Mar '26: Promoters 58.0%, FIIs 0.7%, DIIs 0.7%, Public 40.5%.Jun '26: Promoters 74.3%, FIIs 1.4%, DIIs 0.4%, Public 23.8%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Flower Infrastructure Llp +11.59 pp 11.59% held
- Shashi Jain +5.38 pp 5.38% held
- Pawan Jain +4.45 pp 11.86% held
- Tact Vintrade Llp +3.81 pp 3.81% held
- Roshni Jain +3.80 pp 7.43% held
- Flower Vintrade Llp +3.00 pp 3.00% held
- Crazy Vinimay Llp +2.83 pp 2.83% held
- Daulat Jain +2.78 pp 3.79% held
The same filing shows 3 holders trimming and 4 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of ASHIKAG above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Pawan Jain | 11.86% | +4.45 pp |
| Flower Infrastructure Llp | 11.59% | +11.59 pp |
| Ashika Global Finance Private Limited | 8.28% | −5.40 pp |
| Roshni Jain | 7.43% | +3.80 pp |
| Shashi Jain | 5.38% | +5.38 pp |
| Tact Vintrade Llp | 3.81% | +3.81 pp |
| Daulat Jain | 3.79% | +2.78 pp |
| Daulat Jain (Huf) | 3.25% | +2.45 pp |
| Flower Vintrade Llp | 3.00% | +3.00 pp |
| Crazy Vinimay Llp | 2.83% | +2.83 pp |
| Visible Vinimay Llp | 2.76% | +2.76 pp |
| Unity Dealtrade Llp | 2.69% | +2.69 pp |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse ASHIKAG
Guides on how to read this kind of business and the numbers that matter.