Asia Capital Limited: Net profit drops, cash plunges in FY26

May 6, 2026 2 mins read Firehose Gupta

Asia Capital Limited — Quarter ended March 31, 2026 (and year ended March 31, 2026)

Particulars	Note No.	As at March 31, 2026	As at March 31, 2025
ASSETS
(1) Financial assets
(a) Cash and cash equivalents	3	1.810	1.966
(b) Bank balance other than (a) above	4	231.250	635.842
(c) Loans	5	290.686	30.248
Total Financial Assets		523.746	668.056
(2) Non-Financial assets
(a) Current tax assets (Net)	–	3.807	–
(b) Deferred tax assets (Net)	6	0.011	0.004
(c) Property, plant and equipment	7	0.073	0.176
(d) Other non-financial assets	8	3.994	0.831
Total Non-Financial Assets		7.884	1.011
Total Assets		531.631	669.066
EQUITY AND LIABILITIES
Liabilities
(1) Financial Liabilities
(a) Payables	9	3.036	2.938
(b) Borrowings	10	–	150.661
Total Financial Liabilities		3.036	153.599
(2) Non-Financial Liabilities
(a) Current tax liabilities (Net)	11	–	0.408
(b) Deferred tax liability (Net)	12	–	–
(c) Other non-financial liabilities	13	0.788	0.832
Total Non-Financial Liabilities		0.788	1.240
Total liabilities		3.823	154.839
(3) Equity
(a) Equity Share Capital	14	309.200	309.200
(b) Other equity	15	218.607	205.027
Total equity		527.807	514.227
Total equity and liabilities		531.631	670.066

Particulars	Quarter ended 31-Mar-26 (Unaudited)	Quarter ended 31-Dec-25 (Unaudited)	Quarter ended 31-Mar-25 (Audited)	For the year ended March 31, 2026 (Audited)	For the year ended March 31, 2025 (Audited)
INCOME
(I) Revenue from Operations
– Interest Income	8.98	8.68	4.72	27.28	47.99
(II) Other Income	4.28	3.49	9.37	16.39	10.30
(III) Total Income (I+II)	13.26	12.17	14.09	43.67	58.29
EXPENSES
(i) Employee benefit expense	1.83	1.85	1.19	6.74	4.84
(ii) Depreciation	0.02	0.03	0.04	0.10	0.14
(iii) Other expenses	9.63	3.13	4.73	18.66	12.67
(IV) Total expenses	11.49	5.01	5.96	25.50	17.66
(V) Profit before Tax (III-IV)	1.77	7.17	8.13	18.17	40.64
Tax Expenses
– Current tax	0.45	1.80	3.35	4.60	10.50
– Deferred Tax	(0.00)	(0.00)	(0.00)	(0.01)	(0.00)
– Tax Pertaining to earlier years	–	–	0.12	–	0.12
(VI) Total tax expense	0.45	1.80	3.46	4.59	10.61
(VII) Net Profit After Tax	1.33	5.37	4.67	13.58	30.02
(IX) Profit for the year before Comprehensive Income	1.33	5.37	4.67	13.58	30.02
(X) Other Comprehensive Income	–
(XI) Total comprehensive income (IX+X)	1.33	5.37	4.67	13.58	30.02
(XII) Earning Per Share (EPS) of face value of Rs 10/- each Basic and Diluted (in Rs.)	0.04	0.17	0.15	0.44	0.97

Particulars	For The year ended March 31, 2026	For The year ended March 31, 2025
A Cash flow from operating activities
Net Profit before tax	18.17	40.64
Adjustment for:
Depreciation	0.10	0.14
Operating profit before working capital changes	18.28	40.78
Adjustment for :-
Increase/(Decrease) in trade payables	0.10	(10.02)
Increase/(Decrease) in other current liabilities	(0.04)	0.42
Decrease/(Increase) in short-term loans and advances	(260.44)	522.78
Decrease/(Increase) in other current assets	(3.16)	64.07
Net change in working capital	(263.55)	577.25
Cash generation from operation	(245.27)	618.03
Income tax paid (Net of Tax Refund)	(8.82)	(10.78)
Net cash generated from operating activities	(254.09)	607.25
B Cash flow from investing activities
Purchase of fixed assets	–	(0.31)
Net cash generated from investing activities	–	(0.31)
C Cash flow from financing activities
Increase/(Decrease) in borrowings	(150.66)	25.50
Net cash generated from financing activities	(150.66)	25.50
Net increase in cash and cash equivalents (A+B+C)	(404.75)	632.44
Cash and cash equivalents at the beginning of the year	637.81	5.37
Cash and cash equivalents at the end of the year	233.06	637.81

More from the same coverage lane.