ASPIRE
Aspire & Innovative Advertising financials
- Market cap
- ₹20 Cr
- Sector
- Consumer Durables
What Aspire & Innovative Advertising Limited does
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
Quarterly results
Q4 FY26: revenue down 44.0%, net profit down 60.0% against the same quarter last year.
| Line item | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|
| Revenue | 177 | 207 | 100 | 67 | 60 −66% | 116 −44% |
| EBITDA | 5 | 7 | 2 | 1 | 1 −80% | 1 −86% |
| Net profit | 4 | 5 | 2 | 2 | 1 −75% | 2 −60% |
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 −45.2% 1Y
1Y: ₹23.9 on 10 Sept 2025 → ₹13.1. High ₹25.45 (16 Sept 2025), low ₹10.2 (30 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹11 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹5 Cr | ₹9 Cr | ₹14 Cr | ₹26 Cr | ₹35 Cr | ₹37 Cr |
| Borrowings | ₹1 Cr | ₹1 Cr | ₹9 Cr | ₹13 Cr | ₹1 Cr | ₹18 Cr |
| Other liabilities | ₹29 Cr | ₹42 Cr | ₹38 Cr | ₹67 Cr | ₹30 Cr | ₹25 Cr |
| Total liabilities | ₹35 Cr | ₹53 Cr | ₹63 Cr | ₹117 Cr | ₹82 Cr | ₹95 Cr |
| Fixed assets | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr | ₹1 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹2 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr |
| Other assets | ₹34 Cr | ₹50 Cr | ₹62 Cr | ₹115 Cr | ₹80 Cr | ₹93 Cr |
| Total assets | ₹35 Cr | ₹53 Cr | ₹63 Cr | ₹117 Cr | ₹82 Cr | ₹95 Cr |
How to read this
As filed each year. 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
The ownership split has held steady since Mar 2025. The shareholder count shrank 11% to 729.
- Promoters
- 72.3%
- DIIs
- 1.5%
- Public
- 26.1%
Since Mar 2025
- Promoters 0.00 pp
- FIIs 0.00 pp
- DIIs 0.00 pp
How it drifted, 6 quarters
Ownership split by quarter, oldest first. Sep '24: Promoters 72.3%, FIIs 0.1%, DIIs 2.1%, Public 25.5%.Mar '25: Promoters 72.3%, DIIs 1.5%, Public 26.1%.Sep '25: Promoters 72.3%, DIIs 1.5%, Public 26.1%.Dec '25: Promoters 72.3%, DIIs 1.5%, Public 26.1%.Mar '26: Promoters 72.3%, DIIs 1.5%, Public 26.1%.Jun '26: Promoters 72.3%, DIIs 1.5%, Public 26.1%.
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.
- Exmark Distributors Private Limited newly disclosed 1.25% 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 Jun 2026 filing
Every holder of Aspire & Innovative Advertising Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Nitesh Agarwalla | 60.94% | unchanged |
| Rinku Agarwalla | 11.41% | unchanged |
| India-Ahead Venture Fund VC / PE | 1.53% | unchanged |
| Exmark Distributors Private Limited | 1.25% | 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.
What the price assumes
- Growth the price implies
- -8.5% 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
Learn to analyse Aspire & Innovative Advertising Limited
Guides on how to read this kind of business and the numbers that matter.