India's Richest People 2026 edition · 2 directors · Source: Hurun India
- #1,545 Daulat Jain & family ₹1,300 Cr
- #1,545 Pawan Jain & family ₹1,300 Cr
Market Cap
₹2,773 Cr
ASHIKAG · NSE
Share Price
₹384.55
+2.51% today
Revenue
₹241 Cr
FY 2025-26 · +6.1% YoY
EBITDA
₹129 Cr
Margin 53.5%
Net Profit
₹60.29 Cr
FY 2025-26 · -20.5% YoY
P/E (TTM)
35.8x
P/B 2.3x
ROE
5.5%
ROCE 9.4%
Debt / Equity
0.22
Interest cover 29.1x
About Ashika Global Securities Limited
Data last updated:
Ashika Global Securities Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 08 March 1994 and has been in existence for over 32 years.
Its director Daulat Jain and family are #1,545 among India's richest people (2026). Its director Pawan Jain and family are #1,545 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L67120WB1994PLC062159. Its GSTIN is 19AACCA1721D1Z9 (West Bengal). It is a listed company as per MCA records. Its shares are listed on NSE: ASHIKAG. Its shares were delisted from BSE on 17 Feb 2023 · permitted scrips.
The company has an authorised share capital of ₹141.4 Cr and a paid-up capital of ₹73.93 Cr. It was formerly known as Ashika Credit Capital Limited. It is led by directors including Daulat Jain (Managing Director) and Chirag Jain (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 226/1A.J.C.Boseroadtrinity7Thfloor, Kolkata, West Bengal, India – 700020.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹241.31 Cr, a growth of 6.1% compared to the previous year. For the same year it recorded a net profit of ₹60.29 Cr (net margin 25%) and EBITDA of ₹129 Cr (EBITDA margin 53.5%). The net worth stands at ₹1,169.1 Cr (up 17.9% YoY). Total assets are valued at ₹1,429.88 Cr (up 18% YoY).
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹425 Cr and satisfied charges of ₹255 Cr on record. Court records list 55 cases involving the company, including 37 filed by the company and 18 filed against it; 11 cases are pending. The company has 73 deals on record (73 market trades); the latest was in July 2026. Its 6 peer companies in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities) are compared by revenue, 3 larger and 3 smaller; the largest is Ravi Business Services Pvt Ltd with revenue of ₹18.61 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashikagroup.com.
Company details
CIN L67120WB1994PLC062159
Registration Number 062159
Incorporation Date 08 March 1994
ROC Kolkata
Listing Status Listed - Listed on NSE (ASHIKAG); Delisted from BSE on 17 Feb 2023 · permitted scrips
Company Status Active
Date of Last AGM 06 September 2025
Date of Balance Sheet 31 March 2026
Compliance Status Active Compliant
CIN history
Ashika Global Securities has one previous CIN (Corporate Identification Number): U67120WB1994PLC062159. The current CIN is L67120WB1994PLC062159, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L67120WB1994PLC062159 | Current |
| U67120WB1994PLC062159 | Previous |
Recognitions & Rankings of Ashika Global Securities
Contact details
Ashika Global Securities Limited's registered office is in Kolkata, West Bengal. Its website is ashikagroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address226/1A.J.C.Boseroadtrinity7Thfloor, Kolkata, West Bengal, India – 700020
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Ashika Global Securities Limited, buy the company report.
Comprehensive company report
Ashika Global Securities Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Ashika Global Securities is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Ashika Global Securities Limited, buy the company report.
Financials of Ashika Global Securities Limited
FY 2025-26 filings availableAshika Global Securities Limited reported revenue of ₹241.31 Cr (up 6.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue
₹241 Cr
+6.1% YoY
EBITDA
₹129 Cr
-10.5% YoY
Profit After Tax
₹60.29 Cr
-20.5% YoY
Net Worth
₹1,169 Cr
+17.9% YoY
Total Assets
₹1,430 Cr
+18.0% YoY
Total Debt
₹262 Cr
+18.8% YoY
Revenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2007-08 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|
| Income statement | ||||||
| Revenue | 241 | 227 | 18.42 | 29.14 | 4.27 | 47.77 |
| Revenue growth | +6.1% | +1134.2% | - | +582.4% | -91.1% | - |
| EBITDA | 129 | 144 | 13.40 | 1.28 | 0.45 | 1.91 |
| EBITDA margin | +53.5% | +63.4% | +72.8% | +4.4% | +10.5% | +4.0% |
| Profit before tax | 92.06 | 96.98 | 12.78 | 0.95 | 0.19 | 0.93 |
| Net profit | 60.29 | 75.85 | 10.72 | 0.61 | 0.16 | 1.00 |
| Net profit margin | +25.0% | +33.4% | +58.2% | +2.1% | +3.8% | +2.1% |
| EPS (₹) | 13.48 | 22.87 | 9.01 | 1.22 | 0.28 | 2.00 |
| Balance sheet | ||||||
| Total assets | 1,430 | 1,212 | 93.20 | 10.66 | 22.51 | 10.32 |
| Net worth | 1,169 | 992 | 68.08 | 10.14 | 9.51 | 9.61 |
| Total debt | 262 | 220 | 25.12 | 0.52 | 12.90 | 0.60 |
| Cash & bank | 485 | 386 | 0.56 | 3.21 | 2.08 | 1.09 |
| Net working capital | 174 | 153 | (0.54) | 8.75 | 18.10 | 3.61 |
| Cash flow | ||||||
| Cash from operations | (86.03) | (191) | (24.84) | 12.58 | (13.15) | 5.44 |
| Cash from investing | (22.76) | (13.97) | 0.00 | 1.11 | 1.99 | (1.85) |
| Cash from financing | 158 | 216 | 25.00 | (12.52) | 12.14 | (2.85) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Revenue | 169 | 49.79 | 44.58 | 20.54 | 118 | 43.68 |
| Revenue growth (YoY) | +43.3% | +14.0% | - | - | - | - |
| Other income | 3.46 | 3.60 | 6.87 | 0.00 | 1.46 | 0.57 |
| EBITDA | 138 | (17.89) | 13.60 | 16.85 | 96.85 | (53.91) |
| EBITDA margin | +81.8% | -35.9% | +30.5% | +82.0% | +82.3% | -123.4% |
| Depreciation | 4.45 | 4.54 | 4.53 | 0.03 | 4.01 | 3.70 |
| Interest | 7.35 | 2.66 | 10.67 | 0.07 | 6.31 | 10.02 |
| Profit before tax | 130 | (21.49) | 5.27 | 16.75 | 87.99 | (67.06) |
| Tax | 28.77 | 14.00 | 9.27 | 4.26 | 0.47 | (20.30) |
| Net profit | 101 | (35.49) | (4.00) | 12.49 | 87.52 | (46.76) |
| EPS (₹) | 13.69 | (4.83) | (0.54) | 2.75 | 22.91 | (7.87) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 93.63 | 90.85 | 18.42 | 10.60 | 6.93 | 6.54 | 7.14 |
| Revenue growth | +3.1% | +393.2% | +73.8% | +53.0% | +6.0% | -8.4% | - |
| EBITDA | 72.69 | 64.41 | 13.40 | 6.61 | 5.23 | 2.19 | (3.15) |
| EBITDA margin | +77.6% | +70.9% | +72.8% | +62.4% | +75.5% | +33.5% | -44.1% |
| Profit before tax | 68.03 | 45.91 | 12.78 | 7.93 | 5.44 | 2.49 | (3.52) |
| Net profit | 45.28 | 42.35 | 10.72 | 5.87 | 3.50 | 1.65 | (2.55) |
| Net profit margin | +48.4% | +46.6% | +58.2% | +55.4% | +50.5% | +25.2% | -35.7% |
| EPS (₹) | 10.12 | 12.79 | 9.01 | 4.95 | 2.95 | 1.38 | (2.14) |
| Balance sheet | |||||||
| Total assets | 1,184 | 901 | 93.20 | 57.39 | 61.23 | 47.93 | 46.28 |
| Net worth | 1,055 | 893 | 68.08 | 57.36 | 51.46 | 47.93 | 46.28 |
| Total debt | 129 | 8.19 | 25.12 | 0.03 | 9.77 | 0.00 | 0.00 |
| Cash & bank | 24.62 | 10.98 | 0.56 | 0.40 | 0.43 | 2.54 | 0.94 |
| Net working capital | 13.89 | 15.08 | (0.54) | (0.05) | 0.59 | 3.44 | 1.11 |
| Cash flow | |||||||
| Cash from operations | (76.55) | (253) | (24.84) | 9.88 | (11.86) | 1.60 | 8.30 |
| Cash from investing | (18.86) | (2.89) | 0.00 | (0.15) | 0.00 | 0.00 | 0.19 |
| Cash from financing | 109 | 259 | 25.00 | (9.75) | 9.75 | 0.00 | (16.74) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 10.01 | 7.36 | 20.56 | 69.90 | 5.57 | 1.31 | 17.07 |
| Revenue growth (YoY) | +77.7% | +79.7% | +461.8% | +20.5% | +277.6% | - | - | - |
| Other income | 0.59 | 0.39 | 0.48 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 |
| Total expenses | 4.78 | 30.92 | 9.41 | 3.37 | 3.36 | 59.17 | 24.13 | 2.66 |
| EBITDA | 119 | (20.91) | (2.05) | 17.19 | 66.54 | (53.60) | (22.82) | 14.41 |
| EBITDA margin | +96.2% | -208.9% | -27.9% | +83.6% | +95.2% | -962.3% | -1742.0% | +84.4% |
| Depreciation | 0.21 | 0.21 | 0.18 | 0.03 | 0.03 | 0.32 | 0.01 | 0.01 |
| Interest | 1.68 | 2.07 | 1.39 | 0.07 | 0.02 | 5.65 | 3.08 | 1.58 |
| Profit before tax | 118 | (22.80) | (3.14) | 17.09 | 66.49 | (59.48) | (25.91) | 12.82 |
| Tax | 27.42 | 11.58 | 5.63 | 4.26 | 15.89 | (23.54) | (5.60) | 3.56 |
Financial Statements
Figures in ₹ Cr; negatives in brackets. Updated 28 Oct 2026
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 |
|---|---|---|---|---|---|---|
| Revenue | 169 | 49.79 | 44.58 | 20.54 | 118 | 43.68 |
| Revenue growth (YoY) | +43.3% | +14.0% | - | - | - | - |
| Other income | 3.46 | 3.60 | 6.87 | 0.00 | 1.46 | 0.57 |
| EBITDA | 138 | (17.89) | 13.60 | 16.85 | 96.85 | (53.91) |
| EBITDA margin | +81.8% | -35.9% | +30.5% | +82.0% | +82.3% | -123.4% |
| Depreciation | 4.45 | 4.54 | 4.53 | 0.03 | 4.01 | 3.70 |
| Interest | 7.35 | 2.66 | 10.67 | 0.07 | 6.31 | 10.02 |
| Profit before tax | 130 | (21.49) | 5.27 | 16.75 | 87.99 | (67.06) |
| Tax | 28.77 | 14.00 | 9.27 | 4.26 | 0.47 | (20.30) |
| Net profit | 101 | (35.49) | (4.00) | 12.49 | 87.52 | (46.76) |
| EPS (₹) | 13.69 | (4.83) | (0.54) | 2.75 | 22.91 | (7.87) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2007-08 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|
| Revenue | 241 | 227 | 18.42 | 29.14 | 4.27 | 47.77 |
| Revenue growth | +6.1% | +1134.2% | - | +582.4% | -91.1% | - |
| Other income | 12.77 | 5.18 | 0.13 | 0.00 | 0.00 | 0.08 |
| Total expenses | 112 | 83.16 | 5.02 | 27.86 | 3.82 | 45.86 |
| Employee cost | 47.77 | 27.75 | 2.85 | 0.86 | 0.59 | 0.44 |
| EBITDA | 129 | 144 | 13.40 | 1.28 | 0.45 | 1.91 |
| EBITDA margin | +53.5% | +63.4% | +72.8% | +4.4% | +10.5% | +4.0% |
| Depreciation | 17.11 | 8.72 | 0.02 | 0.06 | 0.06 | 0.06 |
| Interest | 32.60 | 43.66 | 0.73 | 0.27 | 0.20 | 1.00 |
| Profit before tax | 92.06 | 96.98 | 12.78 | 0.95 | 0.19 | 0.93 |
| Tax | 32.76 | 21.29 | 2.06 | 0.34 | 0.05 | 0.13 |
| Net profit | 60.29 | 75.85 | 10.72 | 0.61 | 0.16 | 1.00 |
| Net profit margin | +25.0% | +33.4% | +58.2% | +2.1% | +3.8% | +2.1% |
| EPS (₹) | 13.48 | 22.87 | 9.01 | 1.22 | 0.28 | 2.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2007-08 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|
| Equity & liabilities | ||||||
| Share capital | 44.73 | 33.11 | 11.88 | 5.00 | 5.00 | 5.00 |
| Reserves & surplus | 1,068 | 856 | 56.20 | 5.14 | 4.51 | 4.61 |
| Shareholders' funds (net worth) | 1,169 | 992 | 68.08 | 10.14 | 9.51 | 9.61 |
| Minority interest | (1.01) | (0.03) | 0.00 | 0.00 | 0.10 | 0.11 |
| Secured loans | 202 | 122 | 25.12 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 59.86 | 98.43 | 0.00 | 0.52 | 12.90 | 0.60 |
| Total debt | 262 | 220 | 25.12 | 0.52 | 12.90 | 0.60 |
| Total liabilities | 1,430 | 1,212 | 93.20 | 10.66 | 22.51 | 10.32 |
| Assets | ||||||
| Gross block | 208 | 187 | 0.34 | 1.03 | 3.44 | 3.74 |
| Net block | 185 | 174 | 0.29 | 0.82 | 3.30 | 3.49 |
| Capital work in progress | 1.40 | 6.94 | 0.00 | 0.00 | 0.00 | 0.35 |
| Investments | 723 | 674 | 93.77 | 1.02 | 1.10 | 2.87 |
| Inventories | 7.14 | 2.56 | 0.00 | 0.26 | 0.00 | 0.20 |
| Sundry debtors | 64.31 | 52.11 | 0.00 | 0.70 | 0.03 | 0.04 |
| Cash & bank balances | 485 | 386 | 0.56 | 3.21 | 2.08 | 1.09 |
| Loans & advances | 38.70 | 29.08 | 0.28 | 11.80 | 16.47 | 4.01 |
| Total current assets | 596 | 470 | 0.84 | 15.97 | 18.58 | 5.34 |
| Total current liabilities | 422 | 316 | 1.38 | 7.22 | 0.48 | 1.73 |
| Net working capital | 174 | 153 | (0.54) | 8.75 | 18.10 | 3.61 |
| Total assets | 1,430 | 1,212 | 93.20 | 10.66 | 22.51 | 10.32 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2007-08 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|
| Opening cash | 32.53 | 21.75 | 0.21 | 2.04 | 1.10 | 0.36 |
| Net cash from operating activities | (86.03) | (191) | (24.84) | 12.58 | (13.15) | 5.44 |
| Net cash from investing activities | (22.76) | (13.97) | 0.00 | 1.11 | 1.99 | (1.85) |
| Net cash from financing activities | 158 | 216 | 25.00 | (12.52) | 12.14 | (2.85) |
| Net change in cash | 49.21 | 10.78 | 0.16 | 1.17 | 0.98 | 0.74 |
| Closing cash | 485 | 386 | 0.56 | 3.21 | 2.08 | 1.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2007-08 | FY 2006-07 | FY 2005-06 |
|---|---|---|---|---|---|---|
| Growth | ||||||
| Sales growth | +6.1% | +1134.2% | - | +582.4% | -91.1% | - |
| EBITDA growth | -10.5% | +976.0% | - | +184.4% | -76.4% | - |
| PBT growth | -5.1% | +658.8% | +1245.3% | +400.0% | -79.6% | +9997.0% |
| Net income growth | -20.5% | +607.6% | - | +281.3% | -84.0% | - |
| Revenue CAGR (3Y) | +102.3% | +276.2% | -27.2% | - | - | - |
| EBITDA CAGR (3Y) | +365.4% | +584.3% | +91.4% | - | - | - |
| Profitability & leverage | ||||||
| Net income margin | +24.6% | +33.3% | +58.2% | +2.1% | +3.3% | +1.7% |
| Return on capital employed | +9.4% | +21.6% | +14.5% | +7.4% | +2.5% | +18.8% |
| Return on net worth | +5.5% | +14.3% | +15.7% | +6.2% | +1.7% | +8.2% |
| Debt / equity | 0.22 | 0.23 | 0.37 | 0.68 | 0.70 | 0.06 |
| Long-term debt / equity | 0.14 | 0.17 | 0.37 | 0.68 | 0.70 | 0.06 |
| Interest cover | 29.14 | 32.23 | 5.46 | 22.13 | 51.28 | 54.05 |
| Efficiency & per share | ||||||
| Fixed asset turnover | 1.29 | 2.49 | 54.56 | 13.04 | 1.19 | 12.79 |
| Inventory turnover | 52.39 | 181.66 | 0.00 | 224.15 | 42.70 | 239.25 |
| Debtors turnover | 4.36 | 8.92 | 0.00 | 79.84 | 122.00 | 1,196.25 |
| EPS (₹) | 13.48 | 22.87 | 9.01 | 1.22 | 0.28 | 2.00 |
| Dividend per share (₹) | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 248.78 | 268.59 | 57.30 | 20.28 | 19.02 | 19.22 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 124 | 10.01 | 7.36 | 20.56 | 69.90 | 5.57 | 1.31 | 17.07 |
| Revenue growth (YoY) | +77.7% | +79.7% | +461.8% | +20.5% | +277.6% | - | - | - |
| Other income | 0.59 | 0.39 | 0.48 | 0.00 | 0.00 | 0.09 | 0.00 | 0.00 |
| Total expenses | 4.78 | 30.92 | 9.41 | 3.37 | 3.36 | 59.17 | 24.13 | 2.66 |
| EBITDA | 119 | (20.91) | (2.05) | 17.19 | 66.54 | (53.60) | (22.82) | 14.41 |
| EBITDA margin | +96.2% | -208.9% | -27.9% | +83.6% | +95.2% | -962.3% | -1742.0% | +84.4% |
| Depreciation | 0.21 | 0.21 | 0.18 | 0.03 | 0.03 | 0.32 | 0.01 | 0.01 |
| Interest | 1.68 | 2.07 | 1.39 | 0.07 | 0.02 | 5.65 | 3.08 | 1.58 |
| Profit before tax | 118 | (22.80) | (3.14) | 17.09 | 66.49 | (59.48) | (25.91) | 12.82 |
| Tax | 27.42 | 11.58 | 5.63 | 4.26 | 15.89 | (23.54) | (5.60) | 3.56 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 93.63 | 90.85 | 18.42 | 10.60 | 6.93 | 6.54 | 7.14 |
| Revenue growth | +3.1% | +393.2% | +73.8% | +53.0% | +6.0% | -8.4% | - |
| Other income | 1.46 | 1.43 | 0.13 | 1.45 | 0.30 | 0.30 | 0.10 |
| Total expenses | 20.94 | 26.44 | 5.02 | 3.99 | 1.70 | 4.35 | 10.29 |
| Employee cost | 5.91 | 3.72 | 2.85 | 2.71 | 2.69 | 0.83 | 2.82 |
| EBITDA | 72.69 | 64.41 | 13.40 | 6.61 | 5.23 | 2.19 | (3.15) |
| EBITDA margin | +77.6% | +70.9% | +72.8% | +62.4% | +75.5% | +33.5% | -44.1% |
| Depreciation | 0.74 | 0.63 | 0.02 | 0.01 | 0.01 | 0.00 | 0.01 |
| Interest | 5.38 | 19.30 | 0.73 | 0.12 | 0.08 | 0.00 | 0.46 |
| Profit before tax | 68.03 | 45.91 | 12.78 | 7.93 | 5.44 | 2.49 | (3.52) |
| Tax | 22.76 | 3.56 | 2.06 | 2.06 | 1.94 | 0.84 | (0.97) |
| Net profit | 45.28 | 42.35 | 10.72 | 5.87 | 3.50 | 1.65 | (2.55) |
| Net profit margin | +48.4% | +46.6% | +58.2% | +55.4% | +50.5% | +25.2% | -35.7% |
| EPS (₹) | 10.12 | 12.79 | 9.01 | 4.95 | 2.95 | 1.38 | (2.14) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 44.73 | 33.11 | 11.88 | 11.88 | 11.88 | 11.88 | 11.88 |
| Reserves & surplus | 954 | 757 | 56.20 | 45.48 | 39.58 | 36.05 | 34.40 |
| Shareholders' funds (net worth) | 1,055 | 893 | 68.08 | 57.36 | 51.46 | 47.93 | 46.28 |
| Secured loans | 76.88 | 0.94 | 25.12 | 0.03 | 0.02 | 0.00 | 0.00 |
| Unsecured loans | 52.50 | 7.25 | 0.00 | 0.00 | 9.75 | 0.00 | 0.00 |
| Total debt | 129 | 8.19 | 25.12 | 0.03 | 9.77 | 0.00 | 0.00 |
| Total liabilities | 1,184 | 901 | 93.20 | 57.39 | 61.23 | 47.93 | 46.28 |
| Assets | |||||||
| Gross block | 37.79 | 29.71 | 0.34 | 0.34 | 0.19 | 0.19 | 0.19 |
| Net block | 35.21 | 27.87 | 0.29 | 0.31 | 0.17 | 0.17 | 0.18 |
| Capital work in progress | 0.27 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 978 | 760 | 93.77 | 37.11 | 43.48 | 0.00 | 0.00 |
| Inventories | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sundry debtors | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash & bank balances | 24.62 | 10.98 | 0.56 | 0.40 | 0.43 | 2.54 | 0.94 |
| Loans & advances | 12.32 | 10.14 | 0.28 | 1.21 | 1.25 | 1.60 | 1.12 |
| Total current assets | 36.94 | 21.12 | 0.84 | 1.61 | 1.68 | 4.14 | 2.06 |
| Total current liabilities | 23.05 | 6.04 | 1.38 | 1.66 | 1.09 | 0.70 | 0.95 |
| Net working capital | 13.89 | 15.08 | (0.54) | (0.05) | 0.59 | 3.44 | 1.11 |
| Total assets | 1,184 | 901 | 93.20 | 57.39 | 61.23 | 47.93 | 46.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 10.81 | 7.78 | 0.21 | 0.24 | 2.34 | 0.74 | 8.99 |
| Net cash from operating activities | (76.55) | (253) | (24.84) | 9.88 | (11.86) | 1.60 | 8.30 |
| Net cash from investing activities | (18.86) | (2.89) | 0.00 | (0.15) | 0.00 | 0.00 | 0.19 |
| Net cash from financing activities | 109 | 259 | 25.00 | (9.75) | 9.75 | 0.00 | (16.74) |
| Net change in cash | 13.73 | 3.03 | 0.16 | (0.02) | (2.11) | 1.60 | (8.25) |
| Closing cash | 24.62 | 10.98 | 0.56 | 0.40 | 0.43 | 2.54 | 0.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.1% | +393.2% | +73.8% | +53.0% | +6.0% | -8.4% | - |
| EBITDA growth | +12.9% | +380.7% | +102.7% | +26.4% | +138.8% | +169.5% | - |
| PBT growth | +48.2% | +259.2% | +61.2% | +45.8% | +118.5% | +9998.0% | - |
| Net income growth | +6.9% | +295.1% | +82.6% | +67.7% | +112.1% | +164.7% | - |
| Revenue CAGR (3Y) | +106.7% | +135.8% | +41.2% | +14.1% | -27.4% | -15.7% | +57.4% |
| EBITDA CAGR (3Y) | +122.4% | +130.9% | +82.9% | - | -35.0% | -35.8% | - |
| Profitability & leverage | |||||||
| Net income margin | +48.4% | +46.6% | +58.2% | +55.4% | +50.5% | +25.2% | -35.7% |
| Return on capital employed | +7.0% | +13.1% | +17.9% | +13.6% | +10.0% | +5.2% | 0.0% |
| Return on net worth | +4.7% | +8.8% | +17.1% | +10.8% | +7.0% | +3.4% | 0.0% |
| Debt / equity | 0.07 | 0.03 | 0.20 | 0.09 | 0.10 | 0.00 | 0.18 |
| Long-term debt / equity | 0.07 | 0.03 | 0.20 | 0.09 | 0.10 | 0.00 | 0.18 |
| Interest cover | 7.48 | 30.26 | 5.46 | 1.82 | 1.53 | 0.00 | -14.56 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.82 | 6.14 | 54.56 | 45.47 | 38.05 | 36.00 | 38.11 |
| Inventory turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Debtors turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| EPS (₹) | 10.12 | 12.79 | 9.01 | 4.95 | 2.95 | 1.38 | (2.14) |
| Dividend per share (₹) | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 223.23 | 238.73 | 57.30 | 48.27 | 43.31 | 40.34 | 38.95 |
To see the full year-wise statements and ratios of Ashika Global Securities Limited, buy the company report.
Board of directors of Ashika Global Securities Limited
Ashika Global Securities has 8 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pawan Jain | Director | 08 Mar 1994 | 32 Years 7 Months | Current |
| Amit Jain Also directs: Ashika Global Securities Private Limited, Ashika Business Private Limited, Puja Sales Promotion Pvt Ltd and 5 more | Director | 04 Aug 2021 | 5 Years 2 Months | Current |
| Daulat Jain | Managing Director | 14 Jan 2016 | 10 Years 9 Months | Current |
| Pinki Kedia | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Supratim Bandyopadhyay Also directs: Insecticides (India) Limited, Aditya Birla Sun Life Amc Limited, Canara HSBC Life Insurance Company Limited and 4 more | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
| Pravin Kutumbe Also directs: Sbi Dfhi Limited, Pramerica Life Insurance Limited, Sbi General Insurance Company Limited and 2 more | Director | 01 Apr 2025 | 1 Years 6 Months | Current |
Showing 6 of 8 current directors. View all directors
Peer comparison
Ashika Global Securities Limited is compared with the 6 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ashika Global Securities Limitedthis company | ₹241.31 Cr (FY 2026) | ₹60.29 Cr | 25% | 6.1% | 9 | Kolkata, West Bengal, India |
| Ravi Business Services Pvt Ltd | ₹18.61 Cr (FY 2024) | 112.0% | Kolkata, West Bengal, India | |||
| Ipcress Finance & Securities Private Limited | ₹18.6 Cr (FY 2022) | 9.0% | Kolkata, West Bengal, India | |||
| Rainbow Ventures Private Limited | ₹18.57 Cr (FY 2025) | 5.0% | Kolkata, West Bengal, India | |||
| Grameen Shakti Microfinance Services Private Limited | ₹18.54 Cr (FY 2025) | 21.0% | Kolkata, West Bengal, India | |||
| Ramsisaria Builders Limited | ₹18.52 Cr (FY 2025) | 31.0% | Kolkata, West Bengal, India | |||
| Janki Textile and Industries Private Limited | ₹18.5 Cr (FY 2024) | 10.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Ashika Global Securities Limited, buy the company report.
Auditor
Ashika Global Securities Limited is audited by Haribhakti & Co. LLP for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2019 | 103523W/W100048 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.30%, foreign institutional investors hold 1.40%, domestic institutional investors hold 0.50% and retail and other public shareholders hold 23.80%.
Sep 2026
QUARTER
74.30% Promoters
0.50% DII (Domestic Institutional)
1.40% FII (Foreign Institutional)
23.80% Retail & Others
Promoter holding - history
Now 74.30% · Sep 2026High 74.30% · Sep 2026Low 50.90% · Dec 2025
Shareholding trend - last 6 quarters
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.30% | 58.00% | 58.00% | 50.90% |
| Public | 25.70% | 42.00% | 42.00% | 49.10% |
Charges & borrowings
Open charges
₹425 Cr
Satisfied charges
₹255 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2026 | 101268142 | Others | ₹40 Cr | Open | |
| 15 Nov 2025 | 101195835 | Others | ₹60 Cr | Open | |
| 23 Aug 2024 | 100967587 | Others | ₹25 Cr | Open | |
| 08 Sep 2022 | 100620887 | Others | ₹150 Cr | Open | |
| 11 Mar 2022 | 100555544 | Others | ₹150 Cr | Open |
To see the full charge records of Ashika Global Securities Limited, buy the company report.
Total charge records: 13 View all charges
Deals & funding
Ashika Global Securities Limited has 73 deals on record (73 market trades); the latest was in July 2026.
Total deals
73
Market trades
73
Deals on record (5 of 73)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2026 | Market trade | ₹18.93 Cr | Seller: Maryada Barter Pvt Ltd |
| Mar 2014 | Market trade | ₹48.2 Lakh | Buyer: Reachsmart Construction Private Limited Seller: an individual |
| Mar 2014 | Market trade | ₹3 Cr | Buyer: Ladios Trading Private Limited , Apex Commotrade Private Limited Ltd, Greenrow Trading Private Limited Seller: Mansoul Commercial Pvt.Ltd. , an individual |
| Mar 2014 | Market trade | ₹1.41 Cr | Buyer: Ladios Trading Private Limited Seller: Authum Investment & Infrastructure Limited |
| Mar 2014 | Market trade | ₹53.9 Lakh | Buyer: Lilygold Merchants Private Limited |
To see the full deal history of Ashika Global Securities Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashika Global Securities Limited has 55 court cases on record: 37 filed by Ashika Global Securities, 18 filed against it. 11 cases are pending and 44 are disposed.
Total cases
55
Filed by the company
37
Filed against the company
18
Pending
11
Disposed
44
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 1 | 9 |
| High courts | 13 | 7 | 0 |
| NCLAT | 9 | 9 | 1 |
| NCLT | 1 | 1 | 1 |
Cases on record (5 of 55)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, NCLT New Delhi | Insolvency matter | Filed against the company by Mica Industries Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Mica Industries Limited and 4 others | Pending |
| District court, South Twenty Four Parganas, West Bengal | Criminal complaint | Filed by the company against Ms Avon Organics Ltd. and 5 Others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Manali Properties Finance Pvt. Ltd. | Pending |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Mica Industries Limited and 1 other | Disposed |
To see the full case history of Ashika Global Securities Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ashika Global Securities Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ashika Global Securities Limited has a workforce of 9 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
GST
Ashika Global Securities has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AACCA1721D1Z9 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashika Global Securities Limited, buy the company report.
Recent activity
Ashika Global Securities Limited has 32 board changes on record since 1994: 21 appointments and 11 cessations. The latest: Tapan Sodani ceased to be Director on 01 Sep 2025.
Charges
A charge registered on 25 Mar 2021 via Charge ID 100433233 with Others was fully satisfied on 15 Sep 2026.
Charges
A charge registered on 15 Dec 2020 via Charge ID 100395798 with Tata Capital Financial Services Limited was fully satisfied on 10 Aug 2026.
Charges
A charge with Others of Rs. 60.00 Cr registered on 15 Nov 2025 with Charge ID 101195835 was modified on 23 Jun 2026.
Filing
Ashika Global Securities Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Charges
A charge with Others amounted to Rs. 40.00 Cr with Charge ID 101268142 was registered on 21 Mar 2026.
Charges
A charge with Others amounted to Rs. 60.00 Cr with Charge ID 101195835 was registered on 15 Nov 2025.
AGM
Ashika Global Securities Limited last Annual general meeting of members was held on 06 Sep 2025 as per latest MCA records.
Ceased
Tapan Sodani ceased to be Director.
Charges
A charge registered on 28 Feb 2022 via Charge ID 100542419 with Others was fully satisfied on 23 May 2025.
Appointed
Chirag Jain was appointed as Whole-Time Director.
Appointed
Pinki Kedia was appointed as Director.
Appointed
Pravin Kutumbe was appointed as Director.
52 earlier events are in the company report.
News
Frequently asked questions
Ashika Global Securities is an active public limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 08 March 1994 (32+ years old) and is registered under CIN L67120WB1994PLC062159. Listed on NSE: ASHIKAG.
Ashika Global Securities reported revenue of ₹241.31 Cr for FY 2025-26 (up 6.1% YoY) based on consolidated financials.
Ashika Global Securities has 8 current directors:
- Daulat Jain - Managing Director
- Chirag Jain - Whole-Time Director
- Pawan Jain - Director
- Amit Jain - Director
- Pinki Kedia - Director
- Supratim Bandyopadhyay - Director
- Pravin Kutumbe - Director
- Ajay Pratapray Shanghavi - Director
The latest financial statements of Ashika Global Securities on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 06 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashika Global Securities is 19AACCA1721D1Z9, registered in West Bengal.
The CIN (Corporate Identification Number) of Ashika Global Securities is L67120WB1994PLC062159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ashika Global Securities is a listed company as per MCA records. Its shares are listed on NSE (symbol: ASHIKAG). Its shares were delisted from BSE on 17 Feb 2023 · permitted scrips.
Ashika Global Securities has 55 court cases on record: 37 filed by the company and 18 filed against it. 11 are pending. Most are in the district courts.
Ashika Global Securities was incorporated on 08 March 1994, making it 32+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashika Global Securities has 73 deals on record (73 market trades); the latest was in July 2026.
The peers of Ashika Global Securities by revenue are Ravi Business Services Pvt Ltd, Ipcress Finance & Securities Private Limited, Rainbow Ventures Private Limited, Grameen Shakti Microfinance Services Private Limited, Ramsisaria Builders Limited and 1 more, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).