Ascom Leasing & Investments Limited (ASCOM)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Ascom Leasing's net interest income was ₹6.4 Cr (-0.5% year on year, +4.2% on the previous half-year), and net profit ₹2.6 Cr (+2.8% year on year).
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Net interest income | ₹6.4 | -0.5% | +4.2% |
| Net profit | ₹2.6 | +2.8% | -2.6% |
| EPS (₹) | 2.20 | +2.8% | -2.7% |
ASCOM delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 100.0% of the ASCOM shares traded on NSE were taken to delivery. The stock has too few sessions on record for a normal to compare with. It closed at its lower price band (circuit) on 16 Oct, one of 2 band closes in about the last 20 sessions.
Delivery in the last 2 sessions: 100.0% · 100.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Ascom Leasing & Investments Limited has disclosed the voting results and Scrutinizer's Report for its 39th Annual General Meeting held on September 30, 2026. All six resolutions were approved with 100% votes cast in favor. The resolutions included adoption of FY26 financial statements, declaration of a final dividend, and the re-appointment of Mrs. Rupalben Tushar Pandya as Director. Crucially, resolutions approving material related-party transactions (RPTs) and appointments of promoter relatives (Aditya Tushar Kumar Pandya and Aryan Tushar Kumar Pandya) holding offices of profit were approved by non-promoter public shareholders (56,500 votes polled, or 1.92% of non-institution shares), as 7,805,914 promoter shares were excluded from voting.
- All 6 resolutions passed with 100% votes in favor by eligible voters.
- Promoter group holding 7,805,914 votes abstained/were excluded from voting on Resolutions 4, 5, and 6 due to related-party interest.
- Only 56,500 public non-institutional votes (1.9178% of public float) were cast to approve material RPTs and appointments.
- A total of 12 shareholders attended the AGM via video conferencing (6 promoter group, 6 public).
Ascom Leasing & Investments Limited concluded its 39th Annual General Meeting on September 30, 2026. The Chairman reported FY 2025-26 Profit After Tax of ₹522.69 Lakh (₹5.23 Cr) versus ₹511.16 Lakh in the prior year, with annual EPS of ₹4.46 compared to ₹4.36. Shareholders considered resolutions including material related-party transactions and the appointment/remuneration of promoter relatives to offices of profit. Additionally, the secretarial auditor flagged that both independent directors have yet to pass the mandatory IICA proficiency test.
- Reported FY 2025-26 PAT of ₹522.69 Lakh, up from ₹511.16 Lakh in FY 2024-25
- Annual EPS for FY 2025-26 stood at ₹4.46 compared to ₹4.36 in the prior year
- AGM agenda included approving Material Related Party Transactions and appointments of promoter relatives (Aditya and Aryan Pandya)
- Secretarial audit flagged that two Independent Directors have not qualified the IICA Online Proficiency Self-Assessment Test
Ascom Leasing & Investments Limited has fixed September 18, 2026, as the record date for determining shareholder eligibility for an upcoming dividend. The specific dividend amount per share was not disclosed in the exchange summary. The company recorded TTM net profit of ₹10 Cr on TTM revenue of ₹26 Cr, with a current market capitalization of ₹260 Cr. Investors holding shares on or before the record date will be eligible for payout once finalized.
- Record date for dividend fixed as 18-Sep-2026
- Announcement released to exchange on 2026-09-08
- Dividend per share amount not disclosed in the filing
Ascom Leasing & Investments Limited has issued the notice for its 39th Annual General Meeting to be held on September 30, 2026. The company proposed a final dividend of ₹0.25 per equity share (face value ₹10) for FY 2025-26. Additionally, the company is seeking shareholder approval for material related-party lending limits up to an aggregate of ₹100 Crore across 4 promoter-linked entities, which is substantial relative to its net worth of ~₹55 Crore. For FY 2025-26, full-year turnover stood at ₹13.06 Crore with a profit after tax of ₹5.23 Crore.
- 39th AGM scheduled for September 30, 2026 at 05:00 p.m. in Surat, Gujarat.
- Proposed final dividend of ₹0.25 per equity share (FV ₹10) for FY 2025-26.
- Special resolution seeking approval for related-party lending up to ₹100 Crore total (₹25 Crore cap each for 4 entities).
- FY 2025-26 turnover reported at ₹13.06 Crore (+1.09% YoY) and PAT at ₹5.23 Crore (+2.25% YoY).
Ascom Leasing & Investments has issued its Annual Report and Notice for its 39th Annual General Meeting scheduled for September 30, 2026. The company proposed a final dividend of ₹0.25 per equity share (face value ₹10) for FY 2025-26. Notably, shareholders will vote on a special resolution approving aggregate loans of up to ₹100 crore to promoter group entities and related parties (₹25 crore each across four entities), which is substantially higher than its ₹55 crore net worth. For FY 2025-26, the company reported turnover of ₹13.06 crore and profit after tax of ₹5.23 crore.
- AGM scheduled for September 30, 2026 at Surat, Gujarat
- Final dividend proposed at ₹0.25 per equity share of ₹10 face value
- Special resolution seeking approval for up to ₹100 crore in aggregate related-party loans (₹25 crore cap per entity across 4 entities)
- Related-party lending proposal of ₹100 crore represents ~182% of current net worth (₹55 crore)
- FY 2025-26 turnover reported at ₹13.06 crore with net profit of ₹5.23 crore
Ascom Leasing & Investments Limited's Board of Directors recommended a final dividend of ₹0.25 per equity share at its meeting held on September 07, 2026. Against the current share price of ₹221.90, this represents a modest dividend yield of approximately 0.11%. In the same meeting, the board approved the appointment of Anuj Gupta and Associates as Secretarial Auditor for a 5-year term starting from FY 2026-27, subject to shareholder approval.
- Recommended final dividend of ₹0.25 per equity share for shareholder approval
- Appointed Anuj Gupta and Associates as Secretarial Auditor for a 5-year term commencing FY 2026-27
- Appointed auditor holds 10 years of professional practice experience since March 2014
- Dividend yield represents ~0.11% on the current market price of ₹221.90
Ascom Leasing & Investments Limited announced that its Board of Directors has approved the appointment of Anuj Gupta and Associates, Practising Company Secretaries, as the Secretarial Auditor of the company. The appointment is for an initial term of 5 consecutive years commencing from FY 2026-27, subject to shareholder approval. The meeting took place on September 7, 2026, from 4:00 PM to 5:00 PM. This is a statutory compliance measure under the Companies Act, 2013.
- Anuj Gupta and Associates appointed as Secretarial Auditor for a 5-year term starting FY 2026-27
- Appointment approved at the Board meeting held on 07/09/2026 between 4:00 PM and 5:00 PM
- The appointment is subject to the approval of company shareholders
- Auditor has over 10 years of practice experience since March 2014 (COP No: 13025)
Ascom Leasing & Investments Limited has appointed Mr. Dishant Manocha as Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 07, 2026. This appointment follows a recommendation from the Nomination and Remuneration Committee and was approved by the Board of Directors. The move is essential for the ₹303 Cr market cap company to maintain regulatory compliance, especially given previous mentions of a qualified report from the Secretarial Auditor for FY 2024-25. Mr. Manocha brings experience in corporate compliance and due diligence to the firm.
- Appointment of Mr. Dishant Manocha effective from August 07, 2026
- Mr. Manocha is an Associate member of ICSI with membership number 80778
- The company reported a TTM PAT of ₹10 Cr against a market cap of ₹303 Cr
- Board approval for the appointment was granted on August 07, 2026
Financial Performance
Revenue Growth by Segment
Not disclosed in available documents. The company adopted audited financial statements for the year ended March 31, 2025, but specific segment growth figures were not provided.
Geographic Revenue Split
Not disclosed in available documents. The company is headquartered in Surat, Gujarat, but regional revenue distribution is not specified.
Profitability Margins
Not disclosed in available documents. While the 38th AGM confirmed the adoption of FY2024-25 financial statements, specific margin percentages were not detailed.
Operational Drivers
Raw Materials
Not applicable. As a leasing and investment firm, the primary 'raw material' is capital for lending and investment purposes.
Capacity Expansion
Not applicable for the current business model; however, the company is expanding its lending scope through approved loans to related partnership firms and entities.
Raw Material Costs
Not applicable. Operating costs are driven by interest expenses and administrative overhead, which were not quantified in the documents.
Strategic Growth
Growth Strategy
The company is pursuing growth by leveraging its capital to provide loans to partnership firms and other related entities in which directors are interested, as approved in the 38th AGM. This strategy aims to deploy liquidity into known business ecosystems to generate interest income.
Products & Services
Financial leasing, corporate loans, and investment services.
Brand Portfolio
Ascom Leasing & Investments, Aditya Group.
Strategic Alliances
The company maintains strategic financial relationships with related partnership firms and entities for lending purposes.
External Factors
Industry Trends
The NBFC and leasing industry is seeing increased regulatory scrutiny regarding related-party transactions and capital adequacy; ASCOM is positioning itself by seeking formal shareholder approval for related-party lending to ensure compliance with Section 188 of the Companies Act.
Competitive Landscape
The company competes with other small-to-mid-sized NBFCs and local leasing firms in the Gujarat market.
Competitive Moat
The company's moat is based on its established presence in the Gujarat region and its ability to service the financial needs of its promoter-related ecosystem, though this is subject to regulatory limits on concentration.
Macro Economic Sensitivity
As a finance company, ASCOM is highly sensitive to interest rate fluctuations which impact the cost of funds and the spread earned on leasing and investments.
Regulatory & Governance
Industry Regulations
The company operates under SEBI (LODR) Regulations 2015 and SEBI (Prohibition of Insider Trading) Regulations 2018. It is also subject to the Companies Act 2013 regarding the appointment of directors and related-party loan approvals.
Legal Contingencies
The Secretarial Auditor issued a qualified report for the financial year 2024-25. While the specific financial value of the qualification was not disclosed, the Chairman drew attention to the Management's Reply in the Board's Report to address these regulatory concerns.
Risk Analysis
Key Uncertainties
The primary uncertainty involves the qualified report from the Secretarial Auditor and the potential for conflict of interest in loans provided to related entities, which could impact asset quality.
Geographic Concentration Risk
The company is heavily concentrated in Surat, Gujarat, with its registered office and AGM proceedings located there.
Third Party Dependencies
Dependency on Bigshare Services Pvt. Ltd. as the Registrar and Share Transfer Agent (RTA) for securities processing.
Credit & Counterparty Risk
Significant credit exposure exists toward related partnership firms and entities, as authorized by the ordinary resolution passed at the 38th AGM.
