Aspire & Innovative Advertising share price & results
- Mar 2026
- Sept 2026
Supplier of consumer hardware/electronics to customers of NBFCs, MFIs and banks in India, financed via EMI (including its own Cardless EMI portal), with added corporate-sales and government-tender business lines.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 116 | +73.1% YoY | Quarterly, as filed | Quarter to Mar 2026 | Revenue from operations as filed. |
| Operating margin | 1.1 | −0.9 pts YoY | Operating profit / revenue | Quarter to Mar 2026 | For the quarter; a change is in percentage points. |
| Net profit | 2.0 | 0.0% YoY | Quarterly, as filed | Quarter to Mar 2026 | Profit after tax as filed. |
| Return on equity | −3.2 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. | |
| Free cash flow margin | -13.36 | −13.8 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | +61.9 pts | Trailing twelve months | TTM · period unavailable | Not in the analysed materials. No older figure is substituted. |
Price
Performance −24.6% 1Y
1Y: ₹20.1 on 24 Oct 2025 → ₹15.15. High ₹20.1 (24 Oct 2025), low ₹10.2 (30 Mar 2026).
- Previous close
- ₹15.15
- Market cap
- ₹21 Cr
- 52-week range
- ₹10.2 – ₹19.6
- One year
- −22.70%
- Price to earnings (FY ending Mar 2026)
- 7.18×
- Return on equity (FY ending Mar 2026)
- 5.90%
Overview
- Symbol
- NSE:ASPIRE
- Sector
- Consumer Durables
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Aspire & Innovative Advertising Limited does
Based on the company's own presentations, annual report and earnings calls.
Aspire & Innovative Advertising Limited supplies consumer hardware and electronic goods to customers of NBFCs, MFIs and banks across India, financed through EMI-based schemes including its own Cardless EMI facility on the Aspire Portal. It also runs a Corporate Sales & Financing Solutions arm offering bulk procurement, corporate gifting and customised hardware, backed by in-house logistics, warehousing and credit support. The company has additionally begun supplying to government bodies through tender-based procurement under the Integrated Financial and Procurement Division (IFPD).
Segments
- Retail hardware / EMI financing
- Corporate Sales & Financing Solutions
- Government / institutional supply
- Business segments
- 3 (Retail EMI hardware financing, Corporate Sales & Financing, Government/IFPD tender supply)
- EMI financing platform
- Cardless EMI via proprietary Aspire Portal
- Corporate sales infrastructure
- In-house logistics, warehousing and credit support
- Government channel
- Supply via Integrated Financial and Procurement Division (IFPD) tender process
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: 0% (quarter to mar 2026 against mar 2025).
| Line item | Sept 2023 | Mar 2024 | Sept 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Sales | 177 | 207 | 100 | 67 | 60 | 116 |
| Expenses | 171 | 200 | 98 | 66 | 59 | 115 |
| Operating profit | 5 | 7 | 2 | 1 | 1 | 1 |
| Operating margin | 3.0% | 3.6% | 1.9% | 2.0% | 1.0% | 1.1% |
| Other income | 1 | 1 | 2 | 2 | 2 | 2 |
| Interest | 0 | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 5 | 7 | 3 | 2 | 1 | 2 |
| Tax rate | 27.0% | 26.0% | 26.0% | 18.0% | 29.0% | 24.0% |
| Net profit | 4 | 5 | 2 | 2 | 1 | 2 |
| EPS (₹ per share) | 3.54 | 4.84 | 1.42 | 1.14 | 0.59 | 1.09 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 11 | 15 | 15 | 15 |
| Reserves | 9 | 14 | 26 | 34 | 35 | 37 |
| Borrowings | 1 | 9 | 13 | 9 | 1 | 18 |
| Other liabilities | 42 | 38 | 67 | 37 | 30 | 25 |
| Total liabilities | 53 | 63 | 117 | 96 | 82 | 95 |
| Fixed assets | 1 | 0 | 1 | 1 | 1 | 1 |
| Capital work in progress | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2 | 0 | 0 | 0 | 0 | 1 |
| Other assets | 50 | 62 | 115 | 94 | 80 | 93 |
| Total assets | 53 | 63 | 117 | 96 | 82 | 95 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | -3 | 7 | -13 | -7 | 1 | -23 |
| Cash from investing | 5 | -2 | 2 | -1 | 0 | -1 |
| Cash from financing | 0 | 1 | 7 | 15 | 3 | 8 |
| Net cash flow | 2 | 5 | -4 | 8 | 4 | -16 |
| Free cash flow | -4 | 6 | -13 | -8 | 0 | -23 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 50 | 11 | 20 | 57 | 67 | 79 |
| Inventory days | 64 | 62 | 44 | 43 | 86 | 36 |
| Days payable | 111 | 78 | 52 | 71 | 71 | 42 |
| Cash conversion cycle | 4 | -6 | 12 | 29 | 82 | 73 |
| Working capital days | 4 | -3 | 12 | 20 | 44 | 99 |
| Return on capital employed | 72.0% | 74.0% | 42.0% | 37.0% | 11.0% | 7.0% |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
What the price assumes
- Growth the price implies
- -5.8% a year
- for 7 years, fading to 4%
- It has actually compounded at
- Not enough history
- The gap
- —
- between what it did and what it must do
Ownership
Who owns it
Promoters hold 72.77% as of Sept 2026; institutions added 0.00 pts since Jun 2026.
- Promoters 72.77%
- Foreign institutions 0.00%
- Domestic institutions 1.53%
- Public 25.70%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +1.37 pp 2.62% held
- newly disclosed 0.28% held
- +0.14 pp 61.08% held
- newly disclosed 0.01% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Aspire & Innovative Advertising Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 61.08% | +0.14 pp | |
| 11.41% | unchanged | |
| 2.62% | +1.37 pp | |
| VC / PE | 1.53% | unchanged |
| 0.28% | newly disclosed | |
| 0.01% | newly disclosed |
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.
Your own record
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