Ashika Credit Capital (Delisted) share price

BSE: 590122Finance

Ashika Credit Capital Limited · Face value ₹10 · Listed Nov 2011

Last traded ₹33.50 on 13 Feb 2023

Delisted on 17 Feb 2023.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

Share price history

Daily closes since Nov 2011, adjusted for splits and bonuses

Daily close, ₹ per share

Dividend

Q3 results, quarter to Dec 2022

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Income from operations
−₹2.53 Cr
Net profit
−₹2.65 Cr
Earnings per share
−₹2.23
Net interest income
₹0.98 Cr
Profit before provisions
−₹3.50 Cr

From interest earned to net profit, ₹ crore

  1. Interest earned1.0
  2. Interest paid0.0
  3. Net interest income1.0
  4. Other income−3.5
  5. Operating expenses−1.0
  6. Before provisions−3.5
  7. Set aside for bad loans+0.3
  8. Profit before tax−3.2
  9. Tax+0.6
  10. Net profit−2.7

Ashika Credit Capital results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2022. Results for the quarter to Mar 2023 were due by 30 May 2023, 60 days after it ends. Every company's dates are on the results calendar.

Income from operations and net profit by quarter, ₹ crore

  • Income from operations
  • Net profit
  • Loss
1.4−3.2Mar 201.61.4Jun 201.71.0Sep 201.60.4Dec 201.6−1.2Mar 211.8−0.2Jun 211.72.3Sep 211.92.4Dec 211.3−1.0Mar 226.74.3Jun 226.54.6Sep 22−2.5−2.7Dec 22

Net interest income and money set aside for bad loans by quarter, ₹ crore

  • Net interest income
  • Set aside for bad loans
  • Loss
1.34.7Mar 201.6−0.8Jun 201.70.1Sep 201.60.9Dec 201.62.8Mar 211.81.5Jun 211.7−2.0Sep 211.6−2.9Dec 211.0−0.7Mar 221.80.5Jun 221.2−0.7Sep 221.0−0.3Dec 22
₹ croreMar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Q1Sep 2019Dec 2019Q3Mar 2020Jun 2020Q1Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1Sep 2022Dec 2022Q3
Income from operations3.555.146.073.632.932.401.421.901.391.571.711.601.651.821.701.941.316.746.47−2.53
Interest earned–––––2.401.401.791.321.571.711.601.651.821.701.651.071.791.240.98
Interest paid–––––0.330.080.030.020.000.000.000.000.000.000.000.080.040.010.00
Net interest income–––––2.071.321.761.301.571.711.601.651.821.701.650.981.751.240.98
–––––0.000.020.100.100.000.100.100.120.000.300.290.414.955.23−3.51
Gains on fair value changes–––––0.000.010.050.000.000.000.000.000.000.000.290.244.955.23−3.51
Other operating revenue––––––0.010.050.070.00––––––––––
Income outside operations–––––0.000.000.000.030.000.100.100.120.000.300.000.170.000.000.01
The lines under it are parts of it, not all of it.–––––0.930.840.861.070.310.290.300.520.720.841.352.851.180.980.98
Profit before provisions–––––1.150.491.010.341.251.521.401.251.091.170.59−1.475.525.48−3.50
Set aside for bad loans–––––−0.011.90−0.084.69−0.830.120.872.801.47−2.02−2.85−0.650.53−0.68−0.27
Exceptional items–––––0.000.000.000.000.000.000.000.000.000.000.000.000.000.000.00
Profit before tax1.023.123.921.871.591.16−1.411.09−4.352.091.410.53−1.55−0.383.183.44−0.814.996.16−3.23
0.280.951.190.570.230.33−0.370.22−1.160.710.370.14−0.37−0.220.891.070.210.721.59−0.58
Net profit0.742.172.731.301.350.82−1.040.86−3.191.381.040.39−1.17−0.152.302.38−1.024.274.57−2.65
Other comprehensive income–––––0.00−0.010.000.010.00−0.03−0.010.050.000.000.000.020.010.000.00
Total comprehensive income–––––0.83−1.050.86−3.181.381.010.38−1.12−0.152.292.38−1.004.284.57−2.65
Earnings per share₹1.03₹2.01₹2.45₹1.13₹1.19₹0.73−₹0.89₹0.73−₹2.69₹1.16₹0.88₹0.33−₹0.99−₹0.13₹1.93₹2.00−₹0.86₹3.60₹3.85−₹2.23
Diluted earnings per share₹1.02₹1.83₹2.30₹1.08₹1.14₹0.69−₹0.87₹0.73−₹2.69₹1.16₹0.88₹0.33−₹0.99−₹0.13₹1.93₹2.00−₹0.86₹3.60₹3.85−₹2.23
Earnings per share in rupees, restated for later splits and bonuses. A lender's lines are blank for the quarters to Mar 2018, Jun 2018, Sep 2018, Dec 2018 and Mar 2019: the company's filing for those results has none of them.

9 years at a glance

Standalone, laid out as a lender that is not a bank files them. No figures on this form for the year to Mar 2016. A lender's lines are blank for the years to Mar 2013, Mar 2014, Mar 2015, Mar 2017, Mar 2018 and Mar 2019: the company's filing for those results has none of them.

Net interest income, Net profit, ₹ crore

  • Net interest income
  • Net profit
  • Loss
−2.6Mar 13−1.8Mar 140.9Mar 15Mar 161.9Mar 172.8Mar 187.6Mar 196.4−2.5Mar 206.51.6Mar 216.13.5Mar 22

Net interest margin, Return on assets, per cent

  • Net interest margin
  • Return on assets
15.4%3.4%15.4%12.0%3.4%6.3%Mar 13Mar 15Mar 17Mar 19Mar 21Mar 22

Income

₹ crore, years to March. Tax is left blank for the year to Mar 2017: profit before tax less the tax charge stated does not come to the profit after tax the same statement states, so the tax charge is not shown.

₹ croreMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Total income–––––––7.16.87.2
Interest earned–––––––6.96.56.2
Interest paid–––––––0.50.00.1
Net interest income–––––––6.46.56.1
–––––––0.20.31.0
Gains on fair value changes–––––––0.00.00.5
Other operating revenue–––––––0.2––
Income outside operations–––––––0.00.30.5
The lines under it are parts of it, not all of it.–––––––3.71.45.8
Profit before provisions–––––––3.05.41.4
Set aside for bad loans–––––––6.53.0−4.1
Exceptional items–––––––0.00.00.0
Profit before tax−3.7−1.71.1–3.03.810.5−3.52.55.4
−1.10.10.2––1.02.9−1.00.81.9
Net profit−2.6−1.80.9–1.92.87.6−2.51.63.5
Other comprehensive income–––––––0.00.00.0
Total comprehensive income–––––––−2.51.63.5
Earnings per share−₹3.67−₹2.58₹1.33–₹2.69₹3.94₹6.78−₹2.17₹1.38₹2.95
Diluted earnings per share−₹3.67−₹2.58₹1.33–₹2.69₹3.93₹6.36−₹2.17₹1.38₹2.95

Balance sheet

₹ crore, at 31 March.

₹ croreMar 2020Mar 2021Mar 2022
Total assets47.248.662.3
Loans given42.142.416.5
Investments0.00.043.5
Deposits0.00.00.0
Borrowings0.00.09.8
46.347.951.5
Share capital11.911.911.9
Reserves34.436.039.6

Margins and returns

Per cent a year, on the average of the opening and closing balance sheets.

FigureMar 2020Mar 2021Mar 2022
Net interest margin–15.44%12.01%
Yield on interest-earning assets–15.44%12.17%
Cost of funds––1.74%
Spread––10.44%
Cost to income55.32%20.65%80.62%
Credit cost–6.99%−13.77%
Return on assets–3.41%6.32%
Assets per rupee of net worth–1.021.12
Return on equity–3.47%7.06%

Where the return on assets comes from

Per cent of average total assets, a year. Each line adds to the one below it. The year to Mar 2020, the first with a balance sheet on this form, has none a year before it to average with, so its ratios are blank.

Per centMar 2021Mar 2022
Net interest income13.61%11.08%
Other income0.67%1.81%
Operating expenses2.95%10.39%
Profit before provisions11.32%2.50%
Set aside for bad loans6.16%−7.31%
Exceptional items0.00%0.00%
Profit before tax5.16%9.81%
Tax1.75%3.49%
Associates and businesses sold or closed0.00%0.00%
Return on assets3.41%6.32%

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2022, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Sep 2022Half year
Cash from operations1.6−11.910.4
Capital spending0.00.00.0
Free cash flow1.6−11.910.4
Cash from investing0.00.00.0
Cash from financing0.09.8−9.8
Dividends paid0.00.00.0
Shares bought back0.00.00.0
Shares issued0.00.00.0
Net change in cash1.6−2.10.6
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2013, Mar 2014, Mar 2015, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings per share−₹3.67−₹2.58₹1.33–₹2.69₹3.94₹6.78−₹2.17₹1.38₹2.95
Diluted earnings per share−₹3.67−₹2.58₹1.33–₹2.69₹3.93₹6.36−₹2.17₹1.38₹2.95
Book value per share––––––₹44.02₹38.95₹40.34₹43.31
Shareholder yield––––––––0.0%0.0%
Market cap at the year end (₹ crore)46.545.630.5–20.1––21.647.044.4

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2022.

Measure10 years5 years3 years
Revenue growth, yearly rate1.5%29.9%−27.5%
Profit growth, yearly rate16.2%13.2%−22.6%
Return on equity, average–5.7%1.7%
Net margin, average40.1%21.8%13.7%
Asset turnover, average–0.130.13

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2022.

₹ croreLatest year
Cash from operations−11.9
Cash from investing0.0
Cash from financing9.8
Capital spending0.0
Dividends paid0.0
Shares bought back0.0
Shares issued for cash0.0

Business segments

In the year to Mar 2022 the company reports one business segment, FINANCIAL SERVICES, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2022, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−5.4%+113.8%−55.8%0.0%
5 years–+1.9%+3.5%–
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Return and dividend yield are left empty where a year's dividend yield in the window cannot be measured: a dividend with no amount stated, or no price at the year end.

Ashika Credit Capital share price by year

Each calendar year to 2023.

YearClose at year endChangeHighest closeLowest close
202333.50−6.9%36.5031.20
202236.00−11.4%43.8031.80
202140.65+35.5%51.0028.10
202030.00−17.6%36.6016.40
201936.40+26.4%39.7534.10
201728.80+12.9%34.6025.45
201625.50−21.2%32.2025.00
201532.35−35.5%58.4023.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2019 is from its first session, 25 Jun 2019. The change in 2019 is on the close at the end of 2017, the last year before it with a trade. The close is the year's last trade for 2023 (13 Feb 2023) and 2017 (14 Nov 2017).

Recent sessions

The 10 trading days to 13 Feb 2023, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
13 Feb 202334.0034.0031.2033.5032.203,425
10 Feb 202332.6533.0031.0032.5032.41360
9 Feb 202330.5032.7530.3032.6531.26718
8 Feb 202332.7034.3531.3032.7532.731,814
7 Feb 202333.0033.0032.0032.2532.45143
6 Feb 202330.3033.8530.2032.5032.521,433
3 Feb 202333.7033.7030.4031.2031.232,172
2 Feb 202332.7533.5531.6532.0032.092,053
1 Feb 202332.9034.8031.4034.0033.01577
31 Jan 202334.0034.0032.2532.9032.60760
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.

Ex-dateEventPrice factorWhat happened
25 Jun 2019Price move–Between two trading sessions the price moved by a fifth or more. No corporate action is on record. Not adjusted for.
Each event is noted and not adjusted for.

Company details

BSE code
590122
ISIN
IND094B01013
Industry
Finance
Registered office
Trinity, 226/1, A.J.C. Bose Road, 7th Floor, Kolkata 700020, West Bengal
Share registrar
Maheshwari Datamatics Pvt Ltd
Keeps the register of shareholders and handles transfers and dividend payments