About Asia Capital Ltd.
Data last updated:
Asia Capital Ltd. is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Skc Investment Advisors Private Limited. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 02 September 1983 and has been in existence for over 43 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L65993MH1983PLC342502. Its shares are listed on BSE: 538777.
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹3.09 Cr. It is led by directors including Santosh Suresh Choudhary (Managing Director) and Sanjay Rajgarhia.
Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 203 Aziz Avenue Cts – 1381 Near Railway Crossing Vallabhbhai Patel Road Vile Parle (W), Mumbai, Maharashtra, India – 400056.
As per the latest standalone financials for FY 2025-26, the company reported a revenue of ₹44 Lakh, a decline of 22.8% compared to the previous year. For the same year it recorded a net profit of ₹14 Lakh (net margin 31.8%) and EBITDA of ₹19 Lakh (EBITDA margin 43.2%). The net worth stands at ₹5.28 Cr (up 2.7% YoY). Total assets are valued at ₹5.28 Cr (down 20.6% YoY).
The company is associated with 1 brand: Asia Capital. The company has 3 deals on record (2 market trades, 1 acquisition); the latest was in April 2026. Its 5 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, 2 larger and 3 smaller; the largest is Mandyati Dealcomm Pvt Ltd with revenue of ₹54.65 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website asiacapital.in.
Company details
CIN history
Asia Capital has one previous CIN (Corporate Identification Number): L65993DL1983PLC016453. The current CIN is L65993MH1983PLC342502, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L65993MH1983PLC342502 | Current |
| L65993DL1983PLC016453 | Previous |
Contact details
Asia Capital Ltd.'s registered office is in Mumbai, Maharashtra. Its website is asiacapital.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address203 Aziz Avenue Cts – 1381 Near Railway Crossing Vallabhbhai Patel Road Vile Parle (W), Mumbai, Maharashtra, India – 400056
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Asia Capital Ltd., buy the company report.
- 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
Brands
Asia Capital operates one associated brand: Asia Capital. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Investment management firm | asiacapital.in |
Business activity
The main business activity of Asia Capital 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 Asia Capital Ltd., buy the company report.
Financials of Asia Capital Ltd.
FY 2025-26 filings availableAsia Capital Ltd. reported revenue of ₹44 Lakh (down 22.8% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · StandaloneRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| 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 | 0.44 | 0.57 | 0.54 | 0.49 | 0.46 | 0.45 | 0.47 |
| Revenue growth | -22.8% | +5.6% | +10.2% | +6.5% | +2.2% | -4.3% | - |
| EBITDA | 0.19 | 0.40 | 0.27 | 0.27 | 0.25 | 0.24 | 0.33 |
| EBITDA margin | +43.2% | +70.2% | +50.0% | +55.1% | +54.4% | +53.3% | +70.2% |
| Profit before tax | 0.19 | 0.41 | 0.27 | 0.27 | 0.25 | 0.24 | 0.33 |
| Net profit | 0.14 | 0.30 | 0.20 | 0.20 | 0.18 | 0.18 | 0.25 |
| Net profit margin | +31.8% | +52.6% | +37.0% | +40.8% | +39.1% | +40.0% | +53.2% |
| EPS (₹) | 0.44 | 0.97 | 0.66 | 0.63 | 0.59 | 0.59 | 0.75 |
| Balance sheet | |||||||
| Total assets | 5.28 | 6.65 | 6.09 | 5.58 | 5.15 | 4.75 | 4.24 |
| Net worth | 5.28 | 5.14 | 4.84 | 4.64 | 4.44 | 4.26 | 4.07 |
| Total debt | 0.00 | 1.51 | 1.25 | 0.94 | 0.71 | 0.49 | 0.16 |
| Cash & bank | 2.33 | 6.38 | 0.05 | 0.04 | 0.05 | 0.08 | 0.01 |
| Net working capital | 2.37 | 6.35 | 0.56 | 0.32 | 0.40 | 0.30 | 0.20 |
| Cash flow | |||||||
| Cash from operations | (2.54) | 6.07 | (0.30) | (0.24) | (0.26) | (0.25) | (0.16) |
| Cash from investing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from financing | (1.51) | 0.26 | 0.31 | 0.23 | 0.23 | 0.32 | 0.16 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.09 | 0.09 | 0.09 | 0.08 | 0.02 | 0.05 | 0.16 | 0.13 |
| Revenue growth (YoY) | +350.0% | +80.0% | -43.8% | -38.5% | -84.6% | - | - | - |
| Other income | 0.01 | 0.04 | 0.03 | 0.05 | 0.03 | 0.09 | 0.01 | 0.00 |
| Total expenses | 0.04 | 0.11 | 0.05 | 0.05 | 0.04 | 0.06 | 0.06 | 0.04 |
| EBITDA | 0.05 | (0.02) | 0.04 | 0.03 | (0.02) | (0.01) | 0.10 | 0.09 |
| EBITDA margin | +55.6% | -22.2% | +44.4% | +37.5% | -100.0% | -20.0% | +62.5% | +69.2% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.06 | 0.02 | 0.07 | 0.08 | 0.01 | 0.08 | 0.11 | 0.09 |
| Tax | 0.02 | 0.00 | 0.02 | 0.02 | 0.00 | 0.03 | 0.03 | 0.02 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0.09 | 0.09 | 0.09 | 0.08 | 0.02 | 0.05 | 0.16 | 0.13 |
| Revenue growth (YoY) | +350.0% | +80.0% | -43.8% | -38.5% | -84.6% | - | - | - |
| Other income | 0.01 | 0.04 | 0.03 | 0.05 | 0.03 | 0.09 | 0.01 | 0.00 |
| Total expenses | 0.04 | 0.11 | 0.05 | 0.05 | 0.04 | 0.06 | 0.06 | 0.04 |
| EBITDA | 0.05 | (0.02) | 0.04 | 0.03 | (0.02) | (0.01) | 0.10 | 0.09 |
| EBITDA margin | +55.6% | -22.2% | +44.4% | +37.5% | -100.0% | -20.0% | +62.5% | +69.2% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.06 | 0.02 | 0.07 | 0.08 | 0.01 | 0.08 | 0.11 | 0.09 |
| Tax | 0.02 | 0.00 | 0.02 | 0.02 | 0.00 | 0.03 | 0.03 | 0.02 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 0.44 | 0.57 | 0.54 | 0.49 | 0.46 | 0.45 | 0.47 |
| Revenue growth | -22.8% | +5.6% | +10.2% | +6.5% | +2.2% | -4.3% | - |
| Other income | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total expenses | 0.25 | 0.17 | 0.27 | 0.22 | 0.21 | 0.21 | 0.14 |
| Employee cost | 0.07 | 0.05 | 0.12 | 0.06 | 0.07 | 0.06 | 0.04 |
| EBITDA | 0.19 | 0.40 | 0.27 | 0.27 | 0.25 | 0.24 | 0.33 |
| EBITDA margin | +43.2% | +70.2% | +50.0% | +55.1% | +54.4% | +53.3% | +70.2% |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 0.19 | 0.41 | 0.27 | 0.27 | 0.25 | 0.24 | 0.33 |
| Tax | 0.05 | 0.11 | 0.07 | 0.07 | 0.07 | 0.06 | 0.08 |
| Net profit | 0.14 | 0.30 | 0.20 | 0.20 | 0.18 | 0.18 | 0.25 |
| Net profit margin | +31.8% | +52.6% | +37.0% | +40.8% | +39.1% | +40.0% | +53.2% |
| EPS (₹) | 0.44 | 0.97 | 0.66 | 0.63 | 0.59 | 0.59 | 0.75 |
| 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 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 | 3.09 |
| Reserves & surplus | 2.19 | 2.05 | 1.75 | 1.55 | 1.35 | 1.17 | 0.98 |
| Shareholders' funds (net worth) | 5.28 | 5.14 | 4.84 | 4.64 | 4.44 | 4.26 | 4.07 |
| Secured loans | 0.00 | 1.51 | 1.25 | 0.94 | 0.71 | 0.49 | 0.16 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total debt | 0.00 | 1.51 | 1.25 | 0.94 | 0.71 | 0.49 | 0.16 |
| Total liabilities | - | - | - | 5.58 | 5.15 | 4.75 | 4.24 |
| Assets | |||||||
| Gross block | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Net block | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Capital work in progress | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 | 2.33 | 6.38 | 0.05 | 0.04 | 0.05 | 0.08 | 0.01 |
| Loans & advances | 0.08 | 0.01 | 0.65 | 0.38 | 0.41 | 0.27 | 0.25 |
| Total current assets | 2.41 | 6.39 | 0.70 | 0.42 | 0.46 | 0.35 | 0.26 |
| Total current liabilities | 0.04 | 0.04 | 0.14 | 0.10 | 0.06 | 0.05 | 0.06 |
| Net working capital | 2.37 | 6.35 | 0.56 | 0.32 | 0.40 | 0.30 | 0.20 |
| Total assets | 5.28 | 6.65 | 6.09 | 5.58 | 5.15 | 4.75 | 4.24 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 6.38 | 0.05 | 0.04 | 0.05 | 0.08 | 0.01 | 0.01 |
| Net cash from operating activities | (2.54) | 6.07 | (0.30) | (0.24) | (0.26) | (0.25) | (0.16) |
| Net cash from investing activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net cash from financing activities | (1.51) | 0.26 | 0.31 | 0.23 | 0.23 | 0.32 | 0.16 |
| Net change in cash | (4.05) | 6.32 | 0.01 | (0.01) | (0.04) | 0.08 | 0.00 |
| Closing cash | 2.33 | 6.38 | 0.05 | 0.04 | 0.05 | 0.08 | 0.01 |
| 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 | -22.8% | +5.6% | +10.2% | +6.5% | +2.2% | -4.3% | - |
| EBITDA growth | -52.5% | +48.2% | 0.0% | +8.0% | +4.2% | -27.3% | - |
| PBT growth | -53.7% | +51.9% | 0.0% | +8.0% | +4.2% | -27.3% | +37.5% |
| Net income growth | -53.3% | +50.0% | 0.0% | +11.1% | 0.0% | -28.0% | - |
| Revenue CAGR (3Y) | -3.5% | +7.4% | +6.3% | +1.4% | -75.4% | -78.0% | -77.7% |
| EBITDA CAGR (3Y) | -11.1% | +17.0% | +4.0% | -6.5% | +1.4% | +1.4% | +16.3% |
| Profitability & leverage | |||||||
| Net income margin | +31.8% | +52.6% | +37.0% | +40.8% | +39.1% | +40.0% | +53.2% |
| Return on capital employed | +3.2% | +6.4% | +4.6% | +5.0% | +5.1% | +5.4% | +7.7% |
| Return on net worth | +2.7% | +6.0% | +4.2% | +4.4% | +4.1% | +4.3% | +5.8% |
| Debt / equity | 0.14 | 0.28 | 0.23 | 0.18 | 0.14 | 0.08 | 0.02 |
| Long-term debt / equity | 0.14 | 0.28 | 0.23 | 0.18 | 0.14 | 0.08 | 0.02 |
| Interest cover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 22.00 | 38.67 | 54.00 | 49.00 | 46.00 | 45.00 | 47.00 |
| 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 (₹) | 0.44 | 0.97 | 0.66 | 0.63 | 0.59 | 0.59 | 0.75 |
| Dividend per share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 17.07 | 16.63 | 15.66 | 15.00 | 14.37 | 13.78 | 13.17 |
To see the full year-wise statements and ratios of Asia Capital Ltd., buy the company report.
Board of directors of Asia Capital Ltd.
Asia Capital has 5 current directors and 28 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Rajgarhia | Director | 31 Dec 2018 | 7 Years 9 Months | Current |
| Santosh Suresh Choudhary Also directs: Elites Law Team LLP, Bhantawari Farms and Agrovet Trading Private Limited, Ippeuda Lifestyle Private Limited and 5 more | Managing Director | 31 Dec 2018 | 7 Years 9 Months | Current |
| Dipti Singh | Director | 06 Mar 2020 | 6 Years 7 Months | Current |
| Devendrasingh Ramsingh Ramola | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
| Sangeeta Sudhir Kumar Trivedi Also directs: Fortunedge Retail LLP | Director | 01 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Asia Capital Ltd. is compared with the 5 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 |
|---|---|---|---|---|---|---|
| Mandyati Dealcomm Pvt Ltd | ₹54.65 Lakh (FY 2024) | -6.0% | Kolkata, West Bengal, India | |||
| Longlife Iron & Steel Pvt. Ltd. | ₹54.48 Lakh (FY 2025) | 3.0% | Kolkata, West Bengal, India | |||
| Anubhav Timber Pvt Ltd | ₹54.39 Lakh (FY 2025) | 2.0% | Chennai, Tamil Nadu, India | |||
| Satkar Finlease Limited | ₹54.35 Lakh (FY 2022) | -4.0% | New Delhi, Delhi, India | |||
| Tristar Commercial Pvt.Ltd. | ₹54.25 Lakh (FY 2025) | -6.0% | Kolkata, West Bengal, India | |||
| Asia Capital Ltd.this company | ₹44 Lakh (FY 2026) | ₹14 Lakh | 31.8% | -22.8% | Mumbai, Maharashtra, India |
To see the full peer comparison of Asia Capital Ltd., buy the company report.
Auditor
Asia Capital Ltd. is audited by Aashish Jain & Company for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Aashish Jain & Company | FY 2020 | 016236C |
Shareholding
Shareholding for the quarter ended Jun 2026: promoters hold 75.00%, foreign institutional investors hold 0.00%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.00%.
| Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | |
|---|---|---|---|---|
| Promoters | 75.00% | 75.00% | 75.00% | 75.00% |
| Public | 25.00% | 25.00% | 25.00% | 25.00% |
Deals & funding
Asia Capital Ltd. has 3 deals on record (2 market trades, 1 acquisition); the latest was in April 2026.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2026 | Market trade | ₹33.7 Lakh | Buyer: Yashiv Holdings Private Limited Seller: an individual |
| Apr 2018 | Acquisition | ₹3.51 Cr | Buyer: SKC Investment Advisors Private Limited Seller: D.M. International Private Limited |
| Mar 2017 | Market trade | ₹2.26 Cr | Buyer: Gentleman Products Private Limited Seller: Own Account-O J Financial Services Ltd. |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Asia Capital Ltd. are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Asia Capital Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Asia Capital Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Asia Capital Ltd. has 53 board changes on record since 1983: 29 appointments and 24 cessations. The latest: Devendrasingh Ramsingh Ramola was appointed as Director on 01 Aug 2025.
44 earlier events are in the company report.
News
Frequently asked questions
Asia Capital is an active public limited company based in Mumbai, Maharashtra, India. The company works in nbfc, within the financial services industry. It was incorporated on 02 September 1983 (43+ years old) and is registered under CIN L65993MH1983PLC342502. Listed on BSE: 538777.
Asia Capital reported revenue of ₹44 Lakh for FY 2025-26 (down 22.8% YoY) based on standalone financials.
Asia Capital has 5 current directors:
- Santosh Suresh Choudhary - Managing Director
- Sanjay Rajgarhia - Director
- Dipti Singh - Director
- Devendrasingh Ramsingh Ramola - Director
- Sangeeta Sudhir Kumar Trivedi - Director
The latest financial statements of Asia Capital on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Asia Capital is L65993MH1983PLC342502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Asia Capital is listed on BSE with code 538777.
Asia Capital was incorporated on 02 September 1983, making it 43+ years old. It is registered with the Registrar of Companies, Mumbai.
Asia Capital has 3 deals on record (2 market trades, 1 acquisition); the latest was in April 2026.
The peers of Asia Capital by revenue are Mandyati Dealcomm Pvt Ltd, Longlife Iron & Steel Pvt. Ltd, Anubhav Timber Pvt Ltd, Satkar Finlease Limited, Tristar Commercial Pvt.Ltd, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Devendrasingh Ramsingh Ramola was appointed as Director on 01 Aug 2025. Sangeeta Sudhir Kumar Trivedi was appointed as Director on 01 Aug 2025. Manoj Kumar Jain ceased to be Director on 30 Jun 2025. Asia Capital has 53 board changes on record in total.
Asia Capital can be reached through the website asiacapital.in. Its registered office is in Mumbai, Maharashtra, India.