Ashirwad Capital Ltd. · CashKonnect

About

Ashirwad Capital Limited, a non-banking finance company, engages in the investment and lending activities in India. The company is also involved in the manufacture of carvings of precious and semi-precious stones, paintings, and jewellery; and real estate activities. Ashirwad Capital Limited was incorporated in 1985 and is based in Mumbai, India.

Key Metrics

as of Sep 2026

Market Cap24 Cr

P/E18.60

Div Yield0.00 %

Book Value₹2.12

52w High₹3.88

52w Low₹2.25

Face Value₹1.00

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	0.44	0.19	0.10	1.13	0.02	0.18	0.08	0.41	0.37	0.15	0.82	0.44	0.23
Expenses	0.06	0.03	0.03	0.12	0.03	0.03	0.03	0.04	0.05	0.03	0.04	0.02	0.04
Operating Profit	0.38	0.16	0.07	1.01	-0.01	0.15	0.05	0.37	0.32	0.12	0.78	0.42	0.19
OPM %	86.36	84.21	70.00	89.38	-50.00	83.33	62.50	90.24	86.49	80.00	95.12	95.45	82.61
Other Income	0.04	0.05	0.02	0.14	0.04	0.03	0.01	0.10	0.05	0.12	0.02	0.06	0.03
Depreciation	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.07	0.15	0.00	0.14	0.00	0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	0.35	0.06	0.09	1.01	0.03	0.10	0.06	0.47	0.37	0.24	0.80	0.48	0.22
Tax %	17.14	-33.33	11.11	15.84	33.33	20.00	16.67	12.77	10.81	20.83	7.50	10.42	9.09
Net Profit	0.29	0.09	0.08	0.85	0.02	0.07	0.05	0.40	0.32	0.19	0.73	0.43	0.20
EPS in Rs	0.03	0.01	0.01	0.09	0.00	0.01	0.01	0.04	0.04	0.02	0.08	0.05	0.02

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	1.45	1.23	1.88	0.96	1.22	0.70	0.46	1.01	0.78	0.52	0.42	0.85
Expenses	0.21	0.16	0.14	0.10	0.09	0.09	0.12	0.11	-0.26	-0.14	0.82	0.14
Operating Profit	1.24	1.07	1.74	0.86	1.13	0.61	0.34	0.90	1.04	0.66	-0.40	0.71
OPM %	85.52	86.99	92.55	89.58	92.62	87.14	73.91	89.11	133.33	126.92	-95.24	83.53
Other Income	0.25	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest	0.29	0.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.02	0.03
Profit before tax	1.19	0.98	1.73	0.85	1.12	0.60	0.33	0.89	1.03	0.65	-0.42	0.68
Tax %	12.61	13.27	10.98	10.59	11.61	5.00	12.12	21.35	10.68	9.23	0.00	22.06
Net Profit	1.04	0.84	1.55	0.76	0.99	0.58	0.29	0.70	0.92	0.59	-0.42	0.53
EPS in Rs	0.12	0.09	0.17	0.08	0.11	0.06	0.03	0.08	0.10	0.07	-0.05	0.06
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	57.14	43.48	27.12	0.00	67.92

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	9.00	9.00	6.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00	4.00
Reserves	10.06	10.40	12.92	9.26	8.64	5.60	2.26	4.97	2.51	2.08	1.68	2.10
Borrowings	2.97	2.77	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Liabilities	0.24	0.22	0.27	0.18	0.22	0.14	0.12	0.26	0.80	0.44	0.43	0.98
Total Liabilities	22.27	22.39	19.19	13.44	12.86	9.74	6.38	9.23	7.31	6.52	6.11	7.08
Fixed Assets	0.14	0.15	0.14	0.15	0.16	0.17	0.17	0.18	0.19	0.20	0.22	0.23
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	22.02	21.87	16.27	11.73	11.93	9.53	4.98	7.65	6.89	5.60	5.38	4.51
Other Assets	0.11	0.37	2.78	1.56	0.77	0.04	1.23	1.40	0.23	0.72	0.51	2.34
Total Assets	22.27	22.39	19.19	13.44	12.86	9.74	6.38	9.23	7.31	6.52	6.11	7.08

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	0.05	2.16	-1.28	-1.65	-0.04	-0.02	0.14	-0.63	-0.12	-0.06	1.88	-1.32
Cash from Investing Activity	0.07	-4.85	1.28	0.89	0.77	-1.16	0.05	1.44	-0.36	0.51	-1.68	1.34
Cash from Financing Activity	-0.09	2.69	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Cash Flow	0.03	0.00	0.00	-0.76	0.73	-1.18	0.19	0.81	-0.48	0.44	0.20	0.02
Free Cash Flow	0.05	2.14	-1.28	-1.65	-0.04	-0.02	0.14	-0.63	-0.12	-0.06	1.88	-1.32
CFO/OP %	4.00	202.00	-74.00	-192.00	-4.00	-3.00	41.00	-70.00	-12.00	-9.00	-470.00	-186.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Cash Conversion Cycle	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Working Capital Days	-795.45	26.71	487.31	539.90	-47.87	-41.71	-55.54	57.82	-308.85	-210.58	-26.07	-249.06
ROCE %	6.70	5.16	10.75	6.56	10.07	7.57	4.33	11.50	16.36	11.05	-7.13	11.24

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.01	51.00	51.00	51.00
Public	49.01	49.00	49.00	49.00	49.00	49.00	49.00	49.00	49.01	49.01	48.17	49.00
No. of Shareholders	61,702	62,192	63,531	65,623	67,396	69,268	65,404	50,535	40,642	28,445	21,771	19,946

Corporate Actions

16 records

Action	Ex Date	Record Date	Ratio	Amount (₹)
Bonus	25 Jun 2024	25 Jun 2024	1:2	—
Bonus	19 Jun 2023	19 Jun 2023	1:2	—
Dividend	19 Sep 2019	—	—	0.10
Dividend	19 Sep 2018	—	—	0.10
Dividend	21 Sep 2017	—	—	0.04
Dividend	16 Sep 2015	—	—	0.09
Dividend	17 Jul 2014	—	—	0.04
Dividend	18 Jul 2013	—	—	0.10
Dividend	05 Jul 2012	—	—	0.10
Dividend	29 Jun 2011	—	—	0.05
Dividend	30 Jun 2010	—	—	0.04
Dividend	23 Dec 2009	24 Dec 2009	—	0.11
Dividend	30 Mar 2009	—	—	0.10
Bonus	15 May 2008	16 May 2008	3:5	—
Dividend	18 Mar 2008	—	—	0.35
Dividend	20 Feb 2002	—	—	0.80