Ashika Credit Capital: H1 results strong, expansion underway.

Ashika Credit Capital Limited (ACCL) reported a significant increase in financial performance for H1 FY26. Revenue rose by 147.36% to ₹88.01 crore from ₹35.58 crore in H1 FY25. Profit Before Tax (PBT) surged by 175.94% to ₹81.54 crore, and Profit After Tax (PAT) increased by 172.34% to ₹61.93 crore. For Q2 FY26, revenue grew by 6.09% to ₹18.11 crore, PBT by 17.23% to ₹15.04 crore, and PAT by 22.22% to ₹11.33 crore. The company maintained a strong financial position with a net worth of ₹618.80 crore.

The board approved the incorporation of new wholly-owned subsidiaries for insurance broking, wealth management & advisory, and custodial services, subject to regulatory approvals, to diversify its business model. ACCL is also exploring opportunities to establish a presence in GIFT City, Gandhinagar, through an IFSC Unit.

Merger progress includes the NCLT's approval of the amalgamation of Yaduka Financial Services Limited with the company, with filings pending. The merger of Ashika Global Securities Pvt. Ltd. is targeted for completion by March 2026. Additionally, the subsidiary Ashika Private Equity Advisors Pvt Ltd received SEBI approval to launch an Alternative Investment Fund (Category II).