Trades textiles as a small BSE-listed entity that has pivoted from its earlier non-banking financial company (NBFC) classification and now operates under the name Ashtasiddhi Industries Limited. FY26 revenue from operations was Rs. 6.7 crore and net profit Rs. 0.08 crore, against total assets of Rs. 15.4 crore. Operating costs are dominated by other operating expenses at around 3% of revenue and employee costs at around 1%, with no material input cost, fitting a trading rather than manufacturing model. The board approved a Rs. 4.03 crore preferential issue of 20 lakh convertible warrants in February 2026 but withdrew the proposal in March 2026 citing market conditions and internal financial planning. The company qualifies for SEBI's small-company exemption under Regulation 15(2), with paid-up equity capital below Rs. 10 crore and net worth below Rs. 25 crore. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Textile trading. Small, asset-light trading entity with NBFC legacy
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 2 | 7 |
| EBITDA (ex other income) | 0 | 0 | (0) | 0 | (0) |
| margin % | 12.0 | 17.8 | (49.8) | 2.5 | (0.7) |
| Owners' profit | 0 | 0 | (0) | 0 | 0 |
| EPS, as reported (₹) | 0.04 | 0.06 | (0.52) | 0.04 | 0.10 |
| ROE % · ROCE % | 0.3 · — | 0.4 · — | (3.8) · — | 0.3 · — | 0.8 · — |
| Debt / equity (x) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from operations | (0) | (0) | (1) | 0 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 1 | 0 | 4 | 1 |
| Profit before tax | 0 | (0) | (0) | 0 | 0 | 0 | 0 | 0 |
| Net profit | 0 | (0) | (0) | 0 | 0 | 0 | 0 | (0) |
| EPS (₹) | 0.07 | (0.03) | (0.01) | 0.01 | 0.00 | 0.02 | 0.10 | (0.02) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 6,43,552 | 31.7 | 5.50 | 11.6 | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 2,42,019 | 18.1 | 3.67 | 6.7 | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,57,446 | 27.2 | 5.17 | 6.9 | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,54,110 | 28.2 | 3.27 | 6.5 | 10.4 | — | — | 75.8 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Sept 2026 · Notice of 34th AGM, e-voting details and book closure published in newspapers | compliance | minimal | — | — |
| 3 Sept 2026 · AGM notice and Annual Report FY26 web link shared with shareholders | compliance | minimal | — | — |
| 3 Sept 2026 · 34th AGM notice and FY26 Annual Report submitted | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · Ashtasidhhi Industries 34th AGM notice, FY26 results | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Book closure 23-29 Sep 2026 for 34th AGM; e-voting cutoff 22 Sep | compliance | minimal | — | — |
| 3 Sept 2026 · Book closure from Sep 23-29, 2026 for 34th AGM on Sep 29 | board shareholder meetings | low | — | — |
| 1 Sept 2026 · Board approves 34th AGM notice and director re-appointment | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Board meeting on Sept 1, 2026 to consider 34th AGM notice and annual report | board shareholder meetings | low | — | — |
| 13 Aug 2026 · Q1 results, two independent directors resign, internal auditor appointed | management changes | medium | — | — |
| 13 Aug 2026 · Two Independent Directors resign; Q1 FY27 profit rises to Rs 7.93 lakh | management changes | medium | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) |
| MUTHOOT FINANCE LIMITED |
| 1,12,094 |
| 9.9 |
| 2.82 |
| 3.9 |
| 26.7 |
| — |
| 22.0 |
| 84.0 |
| SBI CARDS & PAY SER LTD | 62,349 | 27.4 | 3.96 | — | 13.8 | — | — | 33.1 |
| HDB FINANCIAL SERVICES L | 55,706 | 20.2 | 2.70 | — | 12.3 | — | — | 58.0 |
| SUNDARAM FINANCE LTD | 52,217 | 23.3 | 3.51 | 6.7 | 13.8 | — | — | 78.4 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 130.0 | 18.2 | 191 of 212 | 10% |
| P/B | 0.9 | 1.1 | 107 of 245 | 56% |
| ROE | 0.8 | 3.0 | 185 of 266 | 31% |
| Debt / Equity | 0.0 | 0.0 | 5 of 266 | 11% |
| EBITDA margin | 3.8 | 48.6 | 184 of 249 | 26% |
| Revenue growth | 264.3 | 12.6 | 20 of 231 | 92% |
| Profit growth | (238.6) | 7.8 | 219 of 251 | 13% |
| Market cap | 10 | 37 | 216 of 260 | 17% |
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| 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 |
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