Please find enclosed herewith the Press Release information for Audited Annual Financial Results of the Company for the FY 2024-2025 along-with strategic developments.
ASHIKA · price
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Ashika Credit Capital Ltd reported a loss of ₹51.42 crores in FY 2024-25, swinging from a profit of ₹10.72 crores in FY 2023-24. The loss was mainly driven by a ₹50.42 crore net loss on fair value changes, attributed to market volatility by the company. Alongside the results, the company announced RBI approval for its merger with Ashika Global Securities Pvt Ltd (group company with ~₹2,443 crores fair value), which would make ACCL the holding company for stock broking, AIF, wealth management and IFSC GIFT City operations. It also secured regulatory approval to merge with Yaduka Financial Services Ltd (NBFC with ~₹80 crore net worth), raised over ₹500 crores during FY25, and launched a new subsidiary Ashika Private Equity Advisors Pvt Ltd to set up a Category 2 AIF.
The annual loss and prior year swing may weigh on the stock in the short term, but the major mergers, large capital raise, and entry into new financial services verticals signal a meaningful long-term expansion plan that could improve future earnings.