BSE: 540455
Escorp Asset Management Limite
Manages investments for clients through its asset management business, earning fee income from managing client money. The company's only reported operating segment is Other Financial Services, and the board approved setting up a wholly-owned subsidiary in Mauritius to carry out investment management activity with a cash investment of up to ₹1.5 crore. In FY26, revenue from operations was ₹3.171 crore against total assets of ₹72.925 crore, with profit after tax of ₹2.9813 crore. Employee costs account for 8.5% of revenue and other operating expenses 11.5%, while material inputs, depreciation and capex are negligible. The company migrated from BSE's SME platform to the Main Board during FY26, and the promoter group, held through Mahshri Enterprises and Aryaman Financial Services, owns 67.61% of the equity. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Other Financial Services. Fee-based, small-cap asset management
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 6 | 2 | 19 | 18 | 3 |
| EBITDA (ex other income) | 6 | 2 | 19 | 18 | 2 |
| margin % | 97.5 | 82.0 | 98.8 | 97.4 | 75.3 |
| Owners' profit | 6 | 2 | 17 | 16 | 3 |
| EPS, as reported (₹) | 8.78 | 1.58 | 15.52 | 14.65 | 2.68 |
| ROE % · ROCE % | 17.2 · — | 4.1 · — | 35.0 · — | 24.4 · — | 4.3 · — |
| Debt / equity (x) | — | — | — | — | — |
| Cash from operations | 6 | 1 | 17 | 15 | 1 |
| Capex | 0 | 0 | 0 | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 3 | 6 | 13 | 1 | 1 | 1 | 0 | 5 |
| Profit before tax | 3 | 6 | 13 | 1 | 1 | 1 | 0 | 5 |
| Net profit | 2 | 5 | 11 | 1 | 1 | 1 | 0 | 4 |
| EPS (₹) | 2.18 | 4.77 | 9.88 | 0.65 | 0.96 | 0.96 | 0.11 | 3.68 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| CRISIL LTD | 33,999 | 38.5 | 10.39 | — | 13.7 | 16.1 | — | 30.6 |
| ONEMI TECHNOLOGY SOL LTD | 5,509 | 19.5 | 4.10 | 9.4 | 21.0 | 18.8 | — | 32.0 |
| GYFTR LIMITED | 1,234 | — | 2.54 | 37.9 | 4.5 | 5.3 | 32.8 | 4.3 |
| CENTRUM CAPITAL LIMITED | 969 | — | 0.74 | 9.7 | (21.4) | (2.5) | 49.7 | 29.7 |
| PRIME SECURITIES LIMITED | 968 | 172.9 | 3.78 | — | 5.1 | — | 25.7 | 19.0 |
| WEALTH FRST PORT. MG. LTD | 881 | 26.7 | 5.18 | 16.9 | 22.5 | 30.3 | — | 97.5 |
| REGENCY FINCORP LIMITED | 571 | 52.3 | 3.56 | — | 8.4 | — | — | 84.3 |
| STELLANT SECURITIES (INDIA) LT | 529 | — | 1687.57 | — | 18.2 | 18.2 | — | 56.7 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 17.9 | 19.0 | 37 of 76 | 52% |
| P/B | 1.6 | 1.0 | 70 of 105 | 34% |
| ROE | 4.3 | 1.3 | 37 of 111 | 67% |
| EBITDA margin | 104.0 | 25.6 | 13 of 91 | 87% |
| Revenue growth | 689.5 | (4.1) | 6 of 85 | 94% |
| Profit growth | 463.7 | (0.2) | 8 of 109 | 94% |
| Market cap | 113 | 26 | 24 of 113 | 80% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · Reg 74(5) SEBI compliance certificate filed for Q2 FY27 | compliance | minimal | — | — |
| 25 Sept 2026 · Trading window closed from Oct 1 for Q2 results | compliance | minimal | — | — |
| 11 Sept 2026 · Escorp Asset Management 15th AGM: All 5 resolutions passed with 100% approval | board shareholder meetings | medium | — | — |
| 10 Sept 2026 · 15th AGM of Escorp Asset Management held via video conferencing | board shareholder meetings | low | — | — |
| 18 Aug 2026 · Escorp Asset Management 15th AGM notice published in newspapers | compliance | minimal | — | — |
| 17 Aug 2026 · Book Closure for 15th AGM from Sep 3 to Sep 9, 2026 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Escorp Asset Management files FY26 Annual Report and 15th AGM Notice | board shareholder meetings | medium | — | — |
| 17 Aug 2026 · 15th AGM notice on Sept 10, 2026; RPT, director appointments | board shareholder meetings | low | — | — |
| 12 Aug 2026 · Escorp Asset Management publishes Q1 FY27 results in newspapers | compliance | minimal | — | — |
| 11 Aug 2026 · Q1 FY27 results: Revenue Rs 462.70 lakh, PAT Rs 408.91 lakh | results | high | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.