Trending Share

Ask Investment Managers (ASKIM) Unlisted Shares

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₹ 775.00

SELL

₹ 815.00

As on 29 Jul 2026, 05:59 PM, we are buying shares of the ASK Investments Managers Unlisted Shares for ₹ 775.00 and selling them for ₹ 815.00 per share.

About Ask Investment Managers (ASKIM) Unlisted Shares

ASK Investment Managers Limited (ASKIM) is a leading asset and wealth management company in India, operating under a pure-play wealth advisory model. It focuses on long-term, stable annuity-based revenues instead of transactional broking or lending. The firm offers advisory-led services and follows an open architecture to drive growth in both asset and wealth segments. It caters to HNIs and ultra-HNIs through personalized investment strategies backed by a seasoned leadership team and a robust governance framework.

2. Business Division

a) Asset & Wealth Management
ASK offers a wide range of investment products across asset classes such as equities, PMS (Portfolio Management Services), AIFs (Alternative Investment Funds), and real estate, focusing on long-term wealth creation.

b) Distribution Network
With over 600 external distributors across India and a growing international presence, ASK has a multi-channel distribution model, including dependency on an affiliated bank for product placement.

c) Advisory Revenue Model
ASK earns the majority of its income (95%) from annuity-based advisory fees. It avoids lending or broking operations, ensuring predictable and recurring income.

3. Financial Performance (Key Points)

Revenue increased from ₹909 Cr in FY22 to ₹1,063 Cr in FY24, growing consistently year over year.
EBITDA margin remained strong above 43%, highlighting operational efficiency and low cost overheads.
Net Profit (PAT) rose from ₹310 Cr to ₹403 Cr between FY22 and FY24, with NPM at 37.91% in FY24.
EPS improved from ₹37.78 in FY22 to ₹47.78 in FY24, reflecting better returns per share.
Zero debt structure, with no borrowings reported over the three years, ensures financial stability.
Strong reserve base, growing from ₹1,045 Cr to ₹1,542 Cr, indicating retained earnings and reinvestment capability.
Investments surged to ₹1,127 Cr in FY24, showing growth in underlying asset strength.

Pros

Stock is trading at 1.14 times its book value
Company is expected to give good quarter
Company has been maintaining a healthy dividend payout of 26.3%

Cons

Company has low interest coverage ratio.
The company has delivered a poor sales growth of -6.23% over past five years.
Company has a low return on equity of 3.68% over last 3 years.

Key Details

Share Name	Particulars
Ask Investment Managers Unlisted	1285
Shares Price	Per Equity Share
Minimum Lot Size	Shares Worth Rs. 15000
52 Week High	₹1425
52 Week LoW	₹1285
Depository	NSDL & CDSL
PAN Number	AAFCA2302P
ISIN Number	INE925L01025
CIN	U65993MH2004PTC147890
RTA	Link Intime

Fundamentals	Value
Market Cap (in cr.)	10856.09
P/E Ratio	29.36
P/B Ratio	6.96
Debt to Equity	0
ROE (%)	26%
Book Value	184.67
EPS	43.77
Face Value	10
Total Shares	84483220

Financials

P&L Statement	2024	2023	2022
Revenue	1063	936	909
Cost of Material Consumed	0	0	0
Gross Margins	100	100	100
Change in Inventory	0	0	0
Employee Benefit Expenses	232	175	240
Other Expenses	360	340	278
EBITDA	471	421	391
OPM	44.31	44.98	43.01
Other Income	58	37	32
Finance Cost	3	3	2
D&A	10	16	15
EBIT	461	405	376
EBIT Margins	43.37	43.27	41.36
PBT	516	439	406
PBT Margins	48.54	46.9	44.66
Tax	113	104	96
PAT	403	335	310
NPM	37.91	35.79	34.1
EPS	47.78	40.02	37.78

Financial Ratios	FY24	FY23	FY22
Operating Margin	46%	46%	44%
Net Profit Margin	36%	35%	33%
Return on Equity	26%	24%	29%
Debt-Equity	0	0	0
Current Ratio	3.05	3.42	6.27
Dividend Payout	0%	0%	0%

Company	Ask Investment Managers
Market Cap (₹ Crores)	10856
Profitability Margin (%)	36%
ROCE (%)	32%
ROE (%)	26%
D/E Ratio	0
P/E Ratio	29.36
P/B Ratio	6.96
Book Value per Share (₹)	184.67

Assets	2024	2023	2022
Fixed Assets	25	29	34
CWIP	0	1	1
Investments	1127	895	621
Trade Receivables	225	210	232
Inventory	0	0	0
Other Assets	754	760	397
Total Assets	2131	1895	1285

Liabilities	2024	2023	2022
Share Capital	16.87	16.74	16.41
FV	2	2	2
Reserves	1542	1372	1045
Borrowings	0	0	0
Trade Payables	75	96	48
Other Liabilities	497.13	410.26	175.59
Total Liabilities	2131	1895	1285