Case study

ASHIKA

Ashika Credit Capital Limited

Tread carefully1y model +3.9%

Each stock's 10,000-path forecast, rendered as light.

33Score

Ashika Credit Capital Limited (ASHIKA) Stock Analysis & Case Study

Is ASHIKA a good buy? The data-driven verdict.

Ashika Credit Capital Limited (ASHIKA) trades at ₹499,on the numbers it tread carefully, a Downstox Snapshot Score of 33/100.

On the numbers, Ashika Credit Capital Limited (ASHIKA) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 49.1× earnings, ROE of 7.5%, a 54% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

ASHIKA fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹3,686 Cr
Current price
₹499
P/E ratio
49.1×
P/B ratio
1.91×
Book value
₹261
ROCE
13.3%
ROE
7.5%
Piotroski F-Score
5/8

How ASHIKA ranks against the 2,373 companies in our screener

We do not hold a debt-to-equity ratio figure for ASHIKA, as of 9 Aug 2026, so it is not ranked here.

Is ASHIKA overvalued? ASHIKA P/E vs peers

ASHIKA trades at 49.1× earnings. We don't have a verified sector peer group for this stock yet, so no sector peer median or peer comparison table is shown here. Showing one anyway would compare it against an arbitrary set of large-cap names, not real sector peers.

ASHIKA share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of ASHIKA history (27%/yr drift, 40%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
ASHIKA 2027₹281₹473₹797+4%
ASHIKA 2028₹233₹491₹1,035+8%
ASHIKA 2029₹206₹510₹1,265+12%
ASHIKA 2030₹187₹530₹1,506+16%
ASHIKA 2031₹174₹551₹1,746+21%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability ASHIKA goes up, or doubles?

54%
Higher in 1 year
Modelled chance the price is above today in 12 months
58%
Higher in 5 years
Modelled chance the price is above today in 5 years
29%
Doubles in 5 years
Modelled chance of reaching ₹910 within 5 years

The bull case for ASHIKA

  • Ashika Credit Capital Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹1,265.

The bear case & risks

  • ASHIKA's P/E of 49.1x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • ASHIKA's return on equity of 7.5% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹206.

ASHIKA volatility & expected range, how bumpy is the ride?

Over the last 9.8 years ASHIKA compounded at 27%/year with annualized volatility of 40%. That volatility implies a 1-year 80% range of ₹281-₹797, the honest backbone behind any single price target.

ASHIKA price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
3.9%
80% range₹281-₹797
P(price ↑)54%
P(price 2×)5%
3-Year Forecast
2029
₹0
Median (P50)
12.1%
80% range₹206-₹1,265
P(price ↑)56%
P(price 2×)21%
5-Year Forecast
2031
₹0
Median (P50)
21.0%
80% range₹174-₹1,746
P(price ↑)58%
P(price 2×)29%

ASHIKA price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
ASHIKA simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds ASHIKA hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the ASHIKA price target & forecast page.

ASHIKA Piotroski F-Score: 5/8, how financially strong is it?

5/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. ASHIKA scores 5/8, mixed financial health.

ASHIKA MTF margin & leverage across 1 brokers

Margin Trading Facility lets you buy ASHIKA with part of the capital. Lower margin % = higher leverage. Rates compared across 1 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
PocketfulCHEAPEST33.71%3.0×

Compare every broker on the ASHIKA MTF page.

About Ashika Credit Capital Limited: sector, index & market-cap context

Ashika Credit Capital Limited (ASHIKA) is a small-cap NSE-listed company, with a market capitalisation of ₹3,686 Cr. See more stocks on our screener.

How the ASHIKA Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Ashika Credit Capital Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

ASHIKA analysis, FAQs

Is Ashika Credit Capital Limited (ASHIKA) a good buy?

On the numbers, Ashika Credit Capital Limited (ASHIKA) tread carefully, a Downstox Snapshot Score of 33/100, weighing expensive at 49.1× earnings, ROE of 7.5%, a 54% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is ASHIKA overvalued or undervalued?

ASHIKA trades at 49.1× earnings, expensive versus the ~22× long-run Nifty average.

What is the ASHIKA share price target for 2031?

ASHIKA's probability-weighted 2031 median target is ₹551, with an 80% range of ₹174-₹1,746 (10,000-path Monte-Carlo).

What is the probability ASHIKA doubles in 5 years?

The modelled probability of ASHIKA reaching ₹910 (2×) within 5 years is 29%.

What is the bull case for ASHIKA?

Ashika Credit Capital Limited is part of the nifty500 universe with live, tracked fundamentals on Downstox.

What are the risks in ASHIKA?

ASHIKA's P/E of 49.1x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. ASHIKA's return on equity of 7.5% ranks in the 38th percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.

More on ASHIKA