ASHIKABSEAshika Credit Capital LtdLowNeutral
Announced Wed, 4 Feb · 19:22 IST

This is to inform you that the Board of Directors of Ashika Credit Capital Limited at their Meeting held today, i.e. Wednesday, 04.02.2026, has inter alia, considered, approved and taken ....

Board & Shareholder Meetings View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Ashika Credit Capital's Board approved unaudited standalone and consolidated results for Q3 FY26 and 9M FY26 on February 4, 2026. Standalone Q3 PAT came in at just Rs 12.20 lakhs, sharply down from Rs 1,283.92 lakhs in Q2 FY26, as total income fell to Rs 766.39 lakhs from Rs 2,056.41 lakhs in the previous quarter. For the 9M FY26 period, standalone PAT was Rs 6,558.26 lakhs on total income of Rs 9,748.51 lakhs, with basic EPS of Rs 14.74. The company incorporated three new wholly-owned subsidiaries during the quarter (custodial services, insurance advisory, and wealth services), and the merger of Yaduka Financial Services became effective in November 2025. The company also moved from NBFC Base Layer to Middle Layer classification after group assets crossed Rs 1,000 crore. Auditors issued an unmodified review report. No deviation was reported in the use of funds raised via the preferential warrant issue.

Likely market impact

Sharp sequential drop in Q3 profit is a negative signal, though strong 9M performance reflects big fair-value gains earlier in the year. Expansion via three new subsidiaries and the Yaduka merger signals growth ambitions but increases execution complexity, while the shift to NBFC Middle Layer brings tighter regulatory oversight.