Ashika Credit Capital Limited Announces Q2 FY26 Results
Ashika Credit Capital Limited today announced its unaudited financial results for the quarter ended September 30, 2025.
The Company reported a Standalone Profit After Tax (PAT) of Rs.11.33 crore and total revenue of Rs.18.11 crore for Q1 FY26.
Key Highlights – Q2 FY26:
a) Strategic Expansion To further diversify its business model and strengthen its presence across the financial services value chain, the Board has approved the incorporation of the following wholly owned subsidiaries, subject to receipt of applicable regulatory approvals:
1. Insurance Broking Subsidiary – to operate as a Corporate Agent (Composite), subject to approval from the Insurance Regulatory and Development Authority of India (IRDAI).
2. Wealth Management & Advisory Subsidiary – to provide integrated wealth management, financial planning, and investment advisory services to individual and corporate clients.
3. Custodial Services Subsidiary – to operate as a Custodian, subject to approval from the Securities and Exchange Board of India (SEBI).
The Board further approved exploring potential opportunities to establish a presence in GIFT City, Gandhinagar through an IFSC Unit.
b) Merger Progress:
* Hon’ble NCLT has approved the scheme of amalgamation of Yaduka Financial Services Limited with the Company. The Company shall move with necessary filings once certified copy of order is received.
* Merger of Ashika Global Securities Pvt. Ltd. is targeted for completion by March 2026. This move is aimed at achieving seamless operational integration, enhancing efficiencies, and unlocking meaningful synergy benefits across business verticals.
c) Update on Private Equity Business: Subsidiary of Company, Ashika Private Equity Advisors Pvt Ltd has received SEBI approval for launch of Alternative Investment Fund (Category II).
Commenting on the results, Mr. Chirag Jain, CEO, said:
“With the Board’s approval to establish new subsidiaries in the multiple financial services domains, Ashika Credit Capital Limited is taking decisive steps toward becoming a full-spectrum financial services player. This strategic move will help us deepen client engagement, diversify revenue, and build sustainable value for our shareholders.”
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