About Asia Capital
Asia Capital is a publicly listed company based in Mumbai (India) founded in 1983. Investment management firm. Its Indian entity Asia Capital Ltd. reported revenue of βΉ44 Lakh. Its focus areas include Asset Management and Diversified. Similar companies include UTI Mutual Fund, 360 One and Avendus; 2 of its 3 listed similar companies have raised funding.
Company details
Asia Capital investment management firm through offering financial products and advice, managing assets, and diversified. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
- Headquarters Mumbai, India
- Stage Public
- SectorsFinancial Services
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website asiacapital.in
- Social LinkedIn
- Legal Name Asia Capital Ltd
- Share Price₹93.45
0.00% today
- Revenue₹0.44 Cr
FY 2025-26 · -22.8% YoY
- EBITDA₹0.19 Cr
Margin 43.2%
- Net Profit₹0.14 Cr
FY 2025-26 · -53.3% YoY
- P/E (TTM)168.5x
P/B 5.4x
- ROE2.7%
ROCE 3.2%
- Debt / Equity0.14
Interest cover 0.0x
Associated legal entities of Asia Capital
Asia Capital is associated with 3 registered companies on The Company Check; the primary company is Asia Capital Ltd., a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Asia Capital Ltd. Listed CIN L65993MH1983PLC342502 | Active | 02 Sep 1983 | Mumbai, Maharashtra | ₹0.4 Cr | 7 | View details | |
| Guggenheim Capital Management (Asia) Private Limited CIN U74140MH2008PTC187510 | Active | 14 Oct 2008 | Mumbai, Maharashtra | ₹1.7 Cr | 1 | 2 | View details |
| Constell Asia Private Limited CIN U72200MH2013PTC301663 | Active | 24 May 2013 | Mumbai, Maharashtra | ₹0.9 Cr | 1 | 3 | View details |
Board of directors of Asia Capital Ltd. (Asia Capital)
Asia Capital Ltd. is the primary company behind Asia Capital. The boards of the 3 registered companies of Asia Capital currently have 10 directors; the longest-serving is David Lee Korman, appointed in 2011. 46 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| David Lee Korman DIN 03611190 | Director | 31 Mar 2011 | 15 yrs 7 mo | Guggenheim Capital Management (Asia) Private Limited |
| Meir Boukris DIN 01818118 | Director | 30 May 2014 | 12 yrs 5 mo | Constell Asia Private Limited |
| Mintu Ratan Chakravarthy DIN 03624773 | Director | 31 Dec 2014 | 11 yrs 10 mo | Guggenheim Capital Management (Asia) Private Limited |
| Sanjay Rajgarhia DIN 06508392 | Director | 31 Dec 2018 | 7 yrs 10 mo | Asia Capital Ltd. |
| Santosh Suresh Choudhary DIN 05245122 | Managing Director | 31 Dec 2018 | 7 yrs 10 mo | Asia Capital Ltd. |
| Dipti Singh DIN 08704953 | Director | 06 Mar 2020 | 6 yrs 8 mo | Asia Capital Ltd. |
| Rushikesh Medathati DIN 01709934 | Director | 13 Feb 2024 | 2 yrs 8 mo | Constell Asia Private Limited |
| Vanapalli Venkatesh DIN 10731816 | Director | 26 Aug 2024 | 2 yrs 2 mo | Constell Asia Private Limited |
| Devendrasingh Ramsingh Ramola DIN 08102252 | Director | 01 Aug 2025 | 1 yr 3 mo | Asia Capital Ltd. |
| Sangeeta Sudhir Kumar Trivedi DIN 08853859 | Director | 01 Aug 2025 | 1 yr 3 mo | Asia Capital Ltd. |
People of Asia Capital
1 people are tracked at Asia Capital (1 in leadership).
| Name | Role | Group |
|---|---|---|
| Managing Director | Leadership |
Complete people profiles for Asia Capital
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Asia Capital
Asia Capital is a publicly listed company on the BSE with ticker symbol ASIACAP in India, operating in the Finance sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date27 Nov 2014
- Listed onBSE: 538777
- Listed entityAsia Capital Ltd
- Exchange sectorFinance
- ISININE131Q01011
- Share price₹81.60 (-4% on the day) · 2026-10-14
- Volume (last session)1,756
Financials of Asia Capital
Exchange-reported figures of Asia Capital Ltd., the listed company behind Asia Capital (BSE: ASIACAP).
Financial Highlights
FY 2025-26 Β· 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 (βΉ) | 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 (βΉ) | 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 (βΉ) | 0.44 | 0.97 | 0.66 | 0.63 | 0.59 | 0.59 | 0.75 |
| Dividend per share (βΉ) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (βΉ) | 17.07 | 16.63 | 15.66 | 15.00 | 14.37 | 13.78 | 13.17 |
Similar companies to Asia Capital
Asia Capital has 3 listed similar companies in our database, 2 of them funded. They include UTI Mutual Fund, 360 One and Avendus.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| utimf.com | 2001 | Mumbai, India | $142.4M | 1,468 | Mutual funds, portfolio management, and retirement planning services are offered. | |
| 360.one | 2008 | Mumbai, India | 65 | Asset and wealth management software is provided for businesses. | ||
| avendus.com | 1999 | Mumbai, India | $178.11M | 215 | Corporate advisory and investment services are provided to clients. |
Detailed similar companies of Asia Capital
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Top companies in Asset Management
3 companies that operate in the same segment as Asia Capital (Asset Management) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provides mutual funds management and financial advisory services. | 1987 | Mumbai, Maharashtra, India | ||||
Mutual funds, portfolio management, and retirement planning services are offered. | 2001 | Mumbai, Maharashtra, India | USD 142.4 M | USD 180.76 M | 1,840 | |
Online platform for stock trading, mutual funds, and investment tools. | 1994 | Mumbai, Maharashtra, India |
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Frequently Asked Questions about Asia Capital
Asia Capital was founded in 1983.
Asia Capital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
The primary company behind Asia Capital, Asia Capital Ltd., reported revenue of βΉ44 Lakh for FY 2026, down 23% year on year.
Asia Capital investment management firm through offering financial products and advice, managing assets, and diversified. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Asia Capital's top competitors include UTI Mutual Fund, Avendus and 360 One.
Yes, Asia Capital is publicly traded on BSE under the ticker symbol ASIACAP.
Asia Capital is associated with 3 legal entities: Asia Capital Ltd., Guggenheim Capital Management (Asia) Private Limited, Constell Asia Private Limited.
The legal entities of Asia Capital currently have 12 directors, including Sanjay Rajgarhia, Santosh Suresh Choudhary, Dipti Singh and others.

