Ashish Kacholia Portfolio Stock in Focus After Micro-Cap Guides for Rs 1,000 Crore Revenue

The Indian equity benchmark indices were trading in the red amid a global sell-off and rising tensions between the US and Iran. The Nifty was seen trading around the 23,200 mark, down by 0.69 per cent, while India VIX jumped 6.5 per cent to 16.83, reflecting a rise in market volatility.

Microcap Stock Held by Ashish Kacholia Bucks the Trend

Amid this broader weakness, one microcap stock that managed to trade higher was Finbud Financial Services, which gained around 2.5 per cent. The stock is held by Ace Investor Ashish Kacholia, who is known for his investments in micro-cap and Small-Cap companies.

Ashish Kacholia holds 10,21,523 shares, representing a 5.36 per cent stake in Finbud Financial Services.

About Finance Buddha

Finance Buddha is a market-leading retail loan aggregation platform in India. It enables customers to access personal loans, business loans and home loans from Banks as well as non-banking financial companies.

The company follows a hybrid customer acquisition strategy by combining digital marketing with a wide network of external agents. Once customer intent is identified, Finance Buddha uses its advisory capabilities to help customers choose the most suitable loan options.

FY26: A Landmark Year for the Company

FY26 was an important year for Finbud Financial Services. The company completed its IPO, reported strong growth in revenue and margins, and crossed over Rs 10,000 crore of loans on its platform across both the agent and digital verticals.

It also expanded into new geographies and added new product categories. Another key development was the shareholder approval to move the digital business into a new entity, now branded as ZAP. This move is expected to sharpen the company’s focus on its digital business.

The lending business under the NBFC has been branded as EQUALL. The company also received RBI approval for the appointment of Mr. Ajay Vikram Singh as CEO of the NBFC.

Finance Buddha Financial Performance

For FY26, the company reported revenue of Rs 317.9 crore, registering a 42 per cent YoY growth. EBITDA stood at around Rs 19.9 crore, up 35 per cent YoY, while PAT came in at around Rs 11.6 crore, marking a 39 per cent YoY growth.

The company recorded over Rs 10,250 crore of loan business on its platform. The agent marketplace contributed 86 per cent of the disbursals, while the digital business contributed the remaining 14 per cent.

In terms of segmental profitability, the agent business reported an EBITDA margin of around 4.5 per cent. The digital business, however, already operates at an EBITDA margin of 14 per cent, nearly three times the margin of the agent-led business.

Guidance of Rs 1,000 Crore Revenue by FY30

The company now has a customer base of over 5 crore customers. Looking ahead, management believes that by FY30, the loan aggregation business could scale to over Rs 1,000 crore-plus revenue.

Disclaimer: The article is for informational purposes only and not investment advice.