💰 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.

Import Sources

Not applicable.

Key Suppliers

Not applicable.

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.

Manufacturing Efficiency

Not applicable.

Logistics & Distribution

Not applicable.

📈 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.

Environmental Compliance

Not applicable.

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.