Ask Investment Managers Limited

Ask Investment Managers Limited

Fundamentals

Quick Insights

  • Health Profitibility: ASK Investment Managers achieved a 17% revenue CAGR and a 21% PAT CAGR over the past three years. 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.
Market Cap₹12,433.54 Cr
PE Ratio33.88
EPS₹43.77
Dividend Yield-
Book Value₹186.09 Cr
Debt/Equity-
Price/Book7.97
Price/Sales-
Industry PE-
Sales₹1,062.51 Cr
Profit After Tax₹402.59 Cr
Share Capital₹1,558.47 Cr
Shares Outstanding-
ISININE925L01025
SectorFinancial Services
Symbol-
About Company

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)

Latest News
No news available.
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.
Annual Reports
Balance SheetFY2024FY2023FY2022FY2021FY2020
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
Profit & LossFY2024FY2023FY2022FY2021FY2020
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
Shareholding Pattern
ColorShareholderHolding
SAMEER KISHORE KOTICHA10.00%
BCP TOPCO XII PTE. LTD.78.00%
FORTRESS TRUST8.00%
OTHERS4.00%
Board of Directors
Asit KotichaChief Investor & Promoter
Sameer KotichaFounder & Chairman
Bharat ShahExecutive Director
Senior Management
No senior management information available.