Ask Investment Managers Limited - Unlisted Shares

Fundamentals

Current Price
₹1,490
Market Cap
₹12,492.23 Cr
ISIN
INE925L01025
Face Value
₹2
P/E Ratio
34.04
EPS
₹43.77
P/B Ratio
8.01
Book Value
₹186.09
Debt / Equity Ratio
0.000

Key Financials

Profit & Loss

MetricFY2024FY2023FY2022FY2021FY2020
Revenue from Operations1,062.51936.07909.55646.76588.51
Growth %13.51%2.92%40.63%9.90%0
Operating Expenses592.49515.44518.16370.84359.82
Growth %14.95%-0.52%39.73%3.06%0
Operating Profit470.02420.64391.39275.93228.69
Op. Profit Margin %44.24%44.94%43.03%42.66%38.86%
Other Income58.2137.7136.2642.9614.20
Finance Costs2.702.732.673.063.65
Depreciation10.2815.9214.8112.7412.70
Exceptional Item0.000.000.000.00-10.83
Profit Before Tax515.25439.70410.18303.09215.71
Tax112.66103.8595.7979.0058.00
Tax %10.60%11.09%10.53%12.21%9.85%
Share to associates0.00-1.33-3.730.951.25
Profit After Tax402.59334.52310.66225.04158.97
Growth %20.35%7.68%38.05%41.56%0
PAT %37.89%35.74%34.16%34.79%27.01%
Diluted EPS43.7737.0237.6026.2918.66

Company Financials

MetricFY2024FY2023FY2022FY2021FY2020
Equity Capital1,558.471,388.661,061.4914.4614.50
Reserves1.680.000.00677.67908.45
Total Equity1,560.151,388.661,061.49692.13922.95
Borrowings0.000.000.000.000.00
Provision15.9913.8011.307.418.45
Other Non-Current Liabilities55.2069.3145.1468.3951.15
Total Non current Liabilities71.1983.1056.4375.8059.60
Borrowings0.000.000.000.000.00
Other Current Liabilities425.06327.05118.4757.3887.86
Trade Payables75.0895.9648.3664.7130.81
Total current Liabilities500.14423.01166.83122.09118.66
Equity + Liabilities2,131.491,894.781,284.76890.021,101.21
Fixed Assets (incl. WIP)25.4526.3628.4434.8226.09
Other Non Current Assets580.38422.29210.55226.77191.28
Total Non current Assets605.83448.65238.98261.60217.38
Trade Receivables224.74210.14231.97184.72251.57
Cash & Cash Equivalents425.49292.36181.629.36186.82
Other Current Assets875.43943.64632.18434.35445.44
Total current Assets1,525.661,446.131,045.77628.43883.83
Total Assets2,131.491,894.781,284.76890.021,101.21

Shareholding Pattern

SAMEER KISHORE KOTICHA
10%
BCP TOPCO XII PTE. LTD.
78%
FORTRESS TRUST
8%
OTHERS
4%

Strengths & Weaknesses

Strengths

  • International presence : In 2011, ASK entered international markets by establishing ASK Capital Management Pte. Ltd. in Singapore and a representative office in Dubai, UAE. With a presence in Dubai, Singapore, and GIFT City, ASK enhances its offshore growth and global investor reach. In 2021, it became the first PMS provider licensed in GIFT City.
  • Healthy AUM book : The company oversees total Assets Under Management (AUM) of ₹83,000 crore, comprising ₹35,000 crore in asset management, ₹3,000 crore in alternative asset management, and ₹45,000 crore in wealth management.
  • Strong market position: currently ASK investment managers are ranked 5th among its 23 competitor

Weaknesses

  • Recent Client Outflow: The firm has experienced a significant loss of clients, with over 3,700 departures this year, indicating challenges in retaining investor confidence.
  • Limited Brand Recognition: Compared to larger competitors in the asset management sector, ASK may have less brand visibility, impacting its ability to attract new clients.

About Ask Investment Managers Limited

ASK Investment Managers Limited is one of India's largest domestic providers of discretionary equity Portfolio Management Services (PMS), catering to High Net Worth Individuals (HNIs) and Ultra High Net Worth Individuals (UHNIs)

Board of Directors

  • Asit Koticha - Chief Investor & Promoter
  • Sameer Koticha - Founder & Chairman
  • Bharat Shah - Executive Director
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Ask Investment Managers Limited