Ascom Leasing & Investments Ltd (ASCOM) Share Price & Fundamentals

What we do

Ascom Leasing & Investments Ltd is an NBFC focused on financing MSMEs and individuals in Gujarat with diverse loan products like vehicle, mortgage, and education loans.

Founded in

1,986

Market share

Operates primarily across 20+ districts in Gujarat serving emerging middle-class and MSMEs with innovative lending products.

Problem solved

Provides credit to underserved economically active poor and MSMEs lacking formal banking credit history.

Top clients or who we serve

MSMEs, self-employed professionals, first-time vehicle buyers, and individuals with informal income; predominantly B2C and some B2B segments.

Key management

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Our journey and innovations

Started NBFC operations in 2001, significant growth post-2015 management change; went public in 2019; created new loan products targeting MSME financing needs.

Where we operate

Over 20 districts in Gujarat, India.

Top products or what we offer

Mortgage loans, individual loans for education, home improvement, vehicle purchase, and business finance.

Top brands

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Raw materials needed

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Raw materials supplier

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Recurring vs cyclical contribution

Revenue mostly recurring from loan interest collections.

Our industry position

Growing NBFC with strong capital adequacy, focused market niche in Gujarat MSME financing.

Financial highlights

FY2023-24 revenue INR 12.33 Cr; net profit INR 4.97 Cr; consistent profitability and over 100% annual growth post-2015.

Geographical revenue split

Revenue predominantly from Gujarat state.

Order book

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Whats driving growth

Expanding MSME market, innovative loan products, technology adoption, and increased financial inclusion efforts.

Our future plans

Scale operations across Gujarat, enhance technology for lending, and diversify loan product offerings further.

Our green promise

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Our people and values

Led by a committed management team focused on ethical lending and customer service; promotes CSR in education, environment, and healthcare.

Key challenges ahead

Competition, regulatory changes, credit risks from informal sector borrowers.

Interesting facts

Company doubled growth year-over-year after 2015 management takeover.

Risks and strategy

Manages credit risk with RBI-compliant policies and risk management frameworks; maintains strong internal controls.