Company Overview

Ascom Leasing & Investments Limited was incorporated on December 16, 1986. The Company received its Certificate of Commencement of Business on January 07, 1987. Subsequently, the company obtained a Certificate of Registration dated December 17, 2015, from the RBI, Ahmedabad, to operate as a non-deposit-taking NBFC. Ascom Leasing & Investments Limited is a non-banking financial company engaged in providing financing services in India.

The company underwent a significant transformation when Mr. Rohit Pandya and Mr. Tushar Pandya took over management in March 2015. Following this change, the company experienced growth exceeding 100% year over year. Ascom began its operations as an NBFC in 2001 with the mission of serving economically active poor individuals not adequately served by traditional financial institutions.

Business Model and Operations

ALIL is classified as a Non-Systemically Important Non-Deposit-taking Non-Banking Financial Company (NBFC). It operates in the lending business with the aim of serving India's 50 million MSMEs and its emerging middle class through various products, leveraging the latest technologies. Ascom Leasing & Investments Ltd provides financing solutions to individual and corporate borrowers in India. Its products are broadly categorized into mortgage loans and individual loans.

The company offers a comprehensive range of financial products designed to cater to diverse customer needs. These include loans against property, pre-owned car loans, personal loans, home renovation loans, and gold loans. Common personal loan offerings also encompass mortgage loans, car loans, home equity lines of credit, credit cards, installment loans, and payday loans.

Product Portfolio and Loan Offerings

Ascom's loan portfolio includes several key segments tailored to different customer requirements:

- Loans Against Property: Offers loan amounts ranging from ₹5,00,000 to ₹50,000,000, with eligibility up to 50% of the property's market value and a loan tenure of up to 10 years.

- Pre-Owned Car Loans: Provides financing up to 80% of the vehicle's value with a flexible tenure of up to 60 months.

- Personal Loans: Offers loan amounts from ₹25,000 to ₹50,000,000 with a flexible repayment tenure between 1 to 5 years.

- Gold Loans: Facilitated through Aaditya Group's Interest-Free Gold Loans.

Financial Performance and Market Position

The market capitalization of Ascom Leasing & Investments Ltd (ASCOM) stood at ₹121.83 Crore as of February 18, 2025. The company's current financial metrics show Revenue at ₹12.9 Crore and Profit at ₹5.11 Crore, reflecting its operational performance within the competitive NBFC sector.

Key financial ratios indicate the company's valuation and market performance:

- P/E Ratio: 24.56

- P/B Ratio: 2.73

The stock has experienced significant volatility, with its 52-week high at ₹277.65 and its 52-week low at ₹104.

Performance Analysis and Growth Trajectory

The company's growth trajectory has shown mixed results in recent years. It has delivered a sales growth of 4.88% over the past five years and a return on equity of 11.9% over the last 3 years. However, positive developments include an increase in promoter holding by 0.87% over the last quarter.

The company maintains a strong commitment from its promoters. Promoter holding in Ascom Leasing & Investments Ltd increased to 73.98% as of September 2024 from 73.98% as of March 2023. This stable promoter holding demonstrates management confidence in the company's long-term prospects.

Stock Performance and Market Dynamics

The stock has faced considerable market pressures in recent periods.

- Last 6 Months: Share price decreased by 27.98%.

- Last 1 Year: Share price decreased by 55.93%.

Despite these challenges, the company continues to maintain its position in the competitive NBFC landscape.

Management and Corporate Governance

The company is led by experienced management, with Mr. Tushar Rohitbhai Pandya serving as Managing Director.

- Registered Office: 331, 3rd Floor, Future Point Complex, Vesu, Besides Maniba Park, Surat, Gujarat - 395007.

- Contact: +91-9825140403

- Company Secretary & Compliance Officer: Shweta Aggarwal

Recent corporate developments include regular board meetings and compliance activities. For instance, on May 9, 2025, Ascom Leasing & Investments Limited informed about the Outcome of the Board Meeting held on May 09, 2025. The company maintains transparency through regular disclosures, such as the SDD compliance certificate dated April 30, 2025, confirming no insider trading violations for the financial year ended March 31, 2025.

Ascom Leasing & Investments Ltd represents a focused player in India's expanding NBFC sector, serving underserved segments with tailored financial solutions while navigating the challenges of a competitive and regulated environment.