# Ashika Credit Capital share price (Ashika Credit Capital Ltd, NSE: ASHIKA)

> Ashika Credit Capital share price: ₹399.30 at the NSE close on 17 July 2026, the latest close in our records; up 2.7% in the year to that date. Ashika Credit Capital (NSE: ASHIKA) is worth ₹2,952 crore, trades at a P/BV of 1.5 and has closed between ₹312.50 and ₹432.10 over the past 52 weeks. > Ashika Credit Capital Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. ASHIKA · Finance - Investment Bankers · data as of 17 July 2026. Page: https://www.sectoralpha.in/stocks/ashika-credit-capital-ltd

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## Key numbers

- Price: ₹399.30 (+2.7% in a year)
- P/BV: 1.5× (higher than 50% of the last 1 year)
- Revenue (Mar 2026): ₹50.0 Cr (+13.6% on a year ago)
- Profit (Mar 2026): −₹36.0 Cr
- Net margin: −72.0% (+34.8 points on a year ago)
- ROE: 7%, FY26

Biggest thing to watch: the price has already been rising for 4 weeks, so timing is the risk more than the business. ## What is the Ashika Credit Capital share price? Ashika Credit Capital Ltd's share price was ₹399.30 at the close on 17 July 2026. It has been rising for 4 weeks. That is 5.3% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹313 and ₹432, and at that close it sat 73% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row. Over the last 10 years the share price moved +1,238% while the NIFTY 500 moved +263%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What are Ashika Credit Capital's latest quarterly results? For January to March 2026 (the quarter ended 31 March 2026), Ashika Credit Capital reported total income of ₹50.0 crore, up 13.6% from ₹44.0 crore a year earlier, and a loss of ₹36.0 crore. ### Ashika Credit Capital results: January to March 2026 against a year earlier

| Measure | January to March 2026 | January to March 2025 | Change |
| --- | --- | --- | --- |
| Total income | ₹50.0 crore | ₹44.0 crore | +13.6% |
| Profit | loss of ₹36.0 crore | loss of ₹47.0 crore | n/a |
| Earnings per share | ₹−7.85 | ₹−14.11 | n/a |
| Net margin | −72.0% | −106.8% | +34.8 points |

The next results, for April to June 2026, are due by 14 August 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 31 March 2026). Income and profit in ₹ crore.)

## What is the Ashika Credit Capital share price history? Ashika Credit Capital closed at ₹399.30 on 17 July 2026, up 2.7% from ₹388.65 a year earlier (18 July 2025) and up 706.7% over five years. Its highest weekly close since March 2016 was ₹902.30 on 10 January 2025. ### Ashika Credit Capital share price: then and now

| When | Close | Change to 17 Jul 2026 |
| --- | --- | --- |
| 1 week ago · 10 Jul 2026 | ₹399.25 | 0.0% |
| 1 month ago · 17 Jun 2026 | ₹399.35 | 0.0% |
| 6 months ago · 16 Jan 2026 | ₹400.55 | −0.3% |
| 1 year ago · 18 Jul 2025 | ₹388.65 | +2.7% |
| 3 years ago · 14 Jul 2023 | ₹34.94 | +1,042.8% |
| 5 years ago · 16 Jul 2021 | ₹49.50 | +706.7% |
| 10 years ago · 11 Jul 2016 | ₹31.50 | +1,167.6% |
| Earliest weekly close in our records · 14 Mar 2016 | ₹29.85 | +1,237.7% |
| Highest weekly close since March 2016 · 10 Jan 2025 | ₹902.30 | −55.7% |
| Lowest weekly close since March 2016 · 27 Mar 2020 | ₹16.85 | +2,269.7% |
| 52-week high (weekly close) · 1 Aug 2025 | ₹432.10 | −7.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹312.50 | +27.8% |

Weekly closing prices. Each change is the move from that price to the 17 Jul 2026 close. A day's intraday high or low can go beyond these weekly closes. (437 weekly closes from 14 March 2016 to 17 July 2026.)

## What is the latest news on Ashika Credit Capital? 17 Jul 2026: Ashika Credit Capital closed at ₹399.30, up 0.0% on the week and up 0.0% on the month. Results for January to March 2026: Total income up 13.6% on a year earlier. ## What dividend does Ashika Credit Capital pay? The NSE corporate-actions record has no dividend for Ashika Credit Capital since 1 April 2021, so this page cannot show amounts per share. Yes. Ashika Credit Capital Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in 1 of its last 6 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Ashika Credit Capital on? Ashika Credit Capital is not on any of our India lists this week. ## Is Ashika Credit Capital profitable? Ashika Credit Capital Ltd posted a net loss of ₹36.0 Cr in the Mar 2026 quarter. Full-year FY26 profit was ₹59.0 Cr. Over 20 years profit has grown 22.6% a year on average. That loss is 72.0% of the quarter's revenue. The same quarter a year earlier lost ₹47.0 Cr. ## How much revenue does Ashika Credit Capital make, and is it growing? Ashika Credit Capital Ltd reported ₹50.0 Cr of income in the Mar 2026 quarter, +13.6% on the same quarter a year earlier. Over 20 years it has grown 8.4% a year on average. The last full year, FY26, came in at ₹240 Cr. The last four reported quarters add to ₹186 Cr. FY26 revenue was ₹240 Cr, +5,900.0% on the year before. Recent pace: the last four quarters grew +13.6% on average, against 8.4% a year over the longer run, so this year is growing faster than its own long-run rate. ## How much does Ashika Credit Capital keep from what it earns? Ashika Credit Capital Ltd's net margin was −72.0% in the Mar 2026 quarter, 34.8 percentage points higher than the same quarter a year ago. Across 6 years it has been between −1,275.0% and 61.1%. The latest quarter is within that range. Why: the net margin move is clear, but the cost details behind it are not in our data, so we show the move without guessing the reason. ## How many of Ashika Credit Capital's loans have gone bad? Ashika Credit Capital Ltd does not report loan-quality figures this page can read, so this section says so rather than guess. No bad-loan figures are filed in a form this page can read, and none are guessed from the profit line. The income, margin and return sections carry what this business does report. Why: loan quality drives a lender, but its details (new bad loans, recoveries, money set aside) are not in our data for this company. The sections around this one carry what we can back up. ## How fast is Ashika Credit Capital's loan book growing? Ashika Credit Capital Ltd's revenue was ₹240 Cr in FY26, +5,900.0% on the year before, so the loan book is growing. The latest quarter was +13.6% on a year earlier. The net margin on that income is −72.0%, +34.8 percentage points on a year ago. Interest income stands in for the size of the loan book; changes in interest rates can move it a few points in any year. In short: a lender grows well when its loan book grows, its margin stays steady and its loans stay clean. Gross NPA is the loan-quality figure this page uses. ## What is Ashika Credit Capital's P/BV ratio, and how does it compare with its own history? Ashika Credit Capital Ltd's P/BV is 1.5×, in the middle of its own history: higher than 50% of past readings. Its usual P/BV (the middle reading) is 1.7×, over 1 year of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is low: this lender earns about 7% a year on its equity. A lender that earns less on its net worth is valued lower for each rupee of it, and that gap usually closes only if returns improve. In short: the multiple is about average against its own past, so the book value trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 94% on reported income across 5 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Ashika Credit Capital business getting better or worse? Ashika Credit Capital Ltd's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Ashika Credit Capital earn on its equity and assets? Ashika Credit Capital Ltd earned a return on equity of 7% in FY26. Its lowest yearly reading on file was −20% in FY25. For a lender the balance sheet is the business, so the return on equity and on assets have to be read together. Return on assets is left out here, because its two sources disagree for this quarter. That return is below the level a bank needs to grow its net worth quickly, which helps explain why its multiple is where it is. Why ROE moved: profit grew 22.6% a year over 20 years while net worth grew more slowly. When earnings recover faster than net worth builds up, ROE climbs off its low. The quarterly return-on-equity and return-on-assets curves, which only the second data source has, are not shown on this page: its two data sources disagree by up to 94% on reported income across 5 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Ashika Credit Capital have too much debt? For a bank, borrowing is the raw material of the business, not a warning sign: it borrows money in order to lend it out. Its safety is read through its returns and its loans. Its safety is read from the bad-loan figures and the return on equity instead. For a manufacturer, debt is a claim on its profits. For a lender it is the stock it trades in, so the usual debt-to-equity test would mislead and is not used here. ## What is the Ashika Credit Capital shareholding pattern? Promoters raised their stake in Ashika Credit Capital Ltd by 10.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 74.3% of the company. Domestic institutions moved +0.4 points over the same period, to 0.4%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +10.9 points over 8 quarters, to 74.3%; Domestic institutions: +0.4 points over 8 quarters, to 0.4%; Foreign institutions: −0.1 points over 8 quarters, to 1.4%. Why the owners changed: promoters drove it (+10.9 points). They raised their stake step by step. ## How far is Ashika Credit Capital from balance-sheet trouble? For Ashika Credit Capital Ltd, the Z-score is not used, because it was built for manufacturers, not lenders. For a lender, safety is read from its capital and bad-loan figures instead. ## How does Ashika Credit Capital rank in its industry? 50.8 out of 100, rank 3 of 3 in Finance - Investment Bankers, with 34% of the evidence available. It is provisional, so it is ranked below companies with full evidence. Ashika Credit Capital Ltd scores 50.8 out of 100 against the 3 companies it is compared with in Finance - Investment Bankers, ranking 3. Some evidence is missing, so the score is pulled toward the middle on purpose. The three scored parts add up to the total exactly: 23.4 + 16.7 + 10.7 = 50.8 (no relative-strength reading this week; its 20 points are shared across the other three). This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if ROA turns down or gross NPA rises while the share price lags its sector. ## Which companies is Ashika Credit Capital compared with? Ashika Credit Capital ranks 3 of 3 Finance - Investment Bankers companies on the 4-Factor Sector Score, with 50.8 out of 100. 1. [JM Financial Ltd](https://www.sectoralpha.in/stocks/jm-financial-ltd) JMFINANCIL · quiet · Too little evidence to rank firmly · 58% evidence 53.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.1/35 · Income -5.3% · Profit 6.3% · 52% evidence Capital efficiency 17.4/25 · ROA 4.7% · ROE 11.9% · GNPA n/a · 68% evidence Valuation 17.5/20 · P/BV 0.97× · P/BV÷ROE 0.08 · 90% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -13.2% · 1 year -34.3% · 25% evidence · 2 of 12 weeks ahead Exact sum: 11.1 + 17.4 + 17.5 + 7.5 = 53.5 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 2. [Dam Capital Advisors Ltd](https://www.sectoralpha.in/stocks/dam-capital-advisors-ltd) DAMCAPITAL · quiet · Evidence leans down · 65% evidence 45.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 2.8/35 · Income 0.6% · Profit -11.4% · 86% evidence Capital efficiency 21.5/25 · ROA 16% · ROE 24.6% · GNPA n/a · 72% evidence Valuation 14.1/20 · P/BV 2.76× · P/BV÷ROE 0.11 · 60% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -18.3% · 1 year -47.6% · 25% evidence · 0 of 12 weeks ahead Exact sum: 2.8 + 21.5 + 14.1 + 7.5 = 45.9 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 3. Ashika Credit Capital Ltd this page ASHIKA · Too little evidence to rank firmly · 34% evidence 50.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/43.75 · Income n/a · Profit n/a · 7% evidence Capital efficiency 16.7/31.25 · ROA 7.2% · ROE 7.5% · GNPA n/a · 68% evidence Valuation 10.7/25 · P/BV 1.53× · P/BV÷ROE 0.2 · 70% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 23.4 + 16.7 + 10.7 = 50.8 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. Financial companies use P/BV÷ROE and asset quality; PEG, industrial OPM and ROCE are excluded. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Jun 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Finance - Investment Bankers](https://www.sectoralpha.in/sectors/finance-investment-bankers), all 3 compared on one page. ## Which companies are close to Ashika Credit Capital in size? Ashika Credit Capital is the 2nd largest of 3 Finance - Investment Bankers companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: JM Financial. Just below it: Dam Capital Advisors. ### Finance - Investment Bankers companies close in size

1. [JM Financial Ltd](https://www.sectoralpha.in/stocks/jm-financial-ltd) ₹10,315 crore
2. Ashika Credit Capital Ltd ₹2,952 crore
3. [Dam Capital Advisors Ltd](https://www.sectoralpha.in/stocks/dam-capital-advisors-ltd) ₹905 crore

[All 3 Finance - Investment Bankers companies, largest first](https://www.sectoralpha.in/sectors/finance-investment-bankers#all-companies)

### Companies close in size in other industries

1. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) ₹2,970 crore · IT - Software
2. [Indostar Capital Finance Ltd](https://www.sectoralpha.in/stocks/indostar-capital-finance-ltd) ₹2,960 crore · Finance & Investments - CV Finance
3. Ashika Credit Capital Ltd ₹2,952 crore
4. [Advanced Enzyme Technologies Ltd](https://www.sectoralpha.in/stocks/advanced-enzyme-technologies-ltd) ₹2,951 crore · Seeds/Tissue Culture/Bio Technology
5. [Axis Solutions Ltd](https://www.sectoralpha.in/stocks/axis-solutions-ltd) ₹2,947 crore · Engineering - Light - General

## What else do people ask about Ashika Credit Capital? ### What were Ashika Credit Capital's latest quarterly results? Ashika Credit Capital Ltd reported total income of ₹50.0 Cr and a net loss of ₹36.0 Cr for the Mar 2026 quarter. Earnings per share were −₹7.85. The net margin was −72.0%, 34.8 percentage points higher than a year earlier (as of 17 July 2026). ### What is Ashika Credit Capital's market cap? Ashika Credit Capital Ltd's market capitalisation is ₹2,952 Cr at a share price of ₹399.30. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 17 July 2026). ### How is Ashika Credit Capital performing? Ashika Credit Capital Ltd's share price has been rising for 4 weeks. Over the past 13 weeks it has done better than the NIFTY 500, for 2 weeks running. This describes what the data did, not a rating (as of 17 July 2026). ### Will Ashika Credit Capital's share price go up? This page does not forecast Ashika Credit Capital Ltd's share price. What it shows instead: the share price is ₹399.30, and it has been rising for 4 weeks. Its P/BV of 1.5× is higher than 50% of its own last 1 years (as of 17 July 2026). ### Where is Ashika Credit Capital in its business cycle? Ashika Credit Capital Ltd's FY26 net margin was 24.6%, against a 6-year range of −1,275.0% to 61.1%: the middle of its own range, neither a peak nor a low. The latest quarter was −72.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 17 July 2026). ### What could break the Ashika Credit Capital story? Biggest thing to watch: the price has already been rising for 4 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 17 July 2026). ### Is Ashika Credit Capital a stock worth studying right now? What the numbers show: Ashika Credit Capital Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 17 July 2026). This is research, not advice. We’re not SEBI-registered.