Ashiana Housing Ltd
Ashiana Housing is principal business activity of the company is Real Estate Development.
- Market Cap ₹ 2,876 Cr.
- Current Price ₹ 286
- High / Low ₹ 376 / 248
- Stock P/E 36.2
- Book Value ₹ 79.1
- Dividend Yield 0.87 %
- ROCE 3.56 %
- ROE 2.74 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 28.2% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 39.8%
Cons
- Stock is trading at 3.62 times its book value
- Company has a low return on equity of 5.43% over last 3 years.
- Earnings include an other income of Rs.36.2 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Part of BSE Allcap BSE Consumer Discretionary
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 77 | 120 | 506 | 356 | 289 | 302 | 262 | 202 | 172 | 353 | 878 | 457 | 734 | |
| 61 | 84 | 365 | 264 | 234 | 263 | 270 | 197 | 178 | 322 | 782 | 434 | 655 | |
| Operating Profit | 15 | 37 | 141 | 92 | 55 | 39 | -8 | 5 | -6 | 31 | 96 | 23 | 79 |
| OPM % | 20% | 31% | 28% | 26% | 19% | 13% | -3% | 2% | -3% | 9% | 11% | 5% | 11% |
| 11 | 20 | 14 | 14 | 12 | 10 | -6 | 16 | 6 | 12 | 19 | 20 | 36 | |
| Interest | 2 | 2 | 3 | 7 | 11 | 15 | 13 | 9 | 5 | 3 | 2 | 2 | 1 |
| Depreciation | 3 | 8 | 8 | 8 | 7 | 8 | 9 | 9 | 8 | 8 | 9 | 12 | 13 |
| Profit before tax | 21 | 47 | 145 | 92 | 48 | 26 | -36 | 3 | -12 | 32 | 104 | 29 | 101 |
| Tax % | -1% | 4% | 25% | 27% | 20% | 33% | -23% | -18% | -51% | 16% | 23% | 35% | |
| 21 | 46 | 108 | 67 | 39 | 18 | -28 | 4 | -6 | 27 | 80 | 18 | 76 | |
| EPS in Rs | 2.30 | 4.46 | 10.55 | 6.55 | 3.79 | 1.73 | -2.75 | 0.35 | -0.58 | 2.64 | 7.98 | 1.83 | 7.53 |
| Dividend Payout % | 22% | 11% | 5% | 4% | 7% | 14% | -11% | 113% | -155% | 19% | 19% | 82% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 12% |
| 3 Years: | 38% |
| TTM: | 25% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 28% |
| 3 Years: | 132% |
| TTM: | 159% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 23% |
| 3 Years: | 24% |
| 1 Year: | -20% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 5% |
| Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
| Reserves | 264 | 500 | 630 | 703 | 746 | 765 | 734 | 735 | 721 | 743 | 751 | 744 | 775 |
| 12 | 36 | 68 | 89 | 134 | 160 | 124 | 65 | 172 | 184 | 148 | 276 | 350 | |
| 290 | 545 | 441 | 367 | 276 | 190 | 237 | 452 | 878 | 1,173 | 1,382 | 2,350 | 2,691 | |
| Total Liabilities | 585 | 1,102 | 1,159 | 1,179 | 1,176 | 1,135 | 1,115 | 1,273 | 1,792 | 2,120 | 2,301 | 3,391 | 3,836 |
| 55 | 62 | 63 | 86 | 120 | 121 | 129 | 96 | 91 | 73 | 101 | 126 | 120 | |
| CWIP | 1 | 4 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 1 |
| Investments | 49 | 291 | 180 | 165 | 140 | 109 | 50 | 65 | 115 | 80 | 79 | 169 | 265 |
| 480 | 745 | 916 | 928 | 916 | 906 | 936 | 1,112 | 1,585 | 1,964 | 2,121 | 3,095 | 3,451 | |
| Total Assets | 585 | 1,102 | 1,159 | 1,179 | 1,176 | 1,135 | 1,115 | 1,273 | 1,792 | 2,120 | 2,301 | 3,391 | 3,836 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -28 | -21 | -102 | -49 | -58 | -14 | 34 | 118 | -86 | 1 | 201 | 247 | |
| 35 | -201 | 139 | -7 | 19 | 28 | 57 | 13 | -25 | 30 | -4 | -119 | |
| -9 | 221 | 20 | 1 | 24 | 4 | -60 | -73 | 82 | -13 | -128 | 52 | |
| Net Cash Flow | -2 | -1 | 57 | -55 | -15 | 17 | 31 | 58 | -29 | 18 | 69 | 180 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 16 | 17 | 14 | 15 | 18 | 13 | 25 | 24 | 24 | 22 | 10 | 18 |
| Inventory Days | 4,735 | 9,551 | 3,260 | 4,460 | 2,736 | |||||||
| Days Payable | 148 | 237 | 59 | 144 | 87 | |||||||
| Cash Conversion Cycle | 16 | 17 | 4,600 | 15 | 9,332 | 3,213 | 4,340 | 24 | 24 | 22 | 2,659 | 18 |
| Working Capital Days | 714 | 499 | 278 | 522 | 678 | 775 | 809 | 899 | 1,221 | 629 | 217 | 279 |
| ROCE % | 7% | 10% | 23% | 12% | 7% | 4% | -1% | 1% | -0% | 4% | 11% | 4% |
Documents
Announcements
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Board Meeting Intimation for Intimation For Re-Schedule Of Board Meeting For Q3 FY 2025-26
1d - Board meeting moved from 06-Feb-2026 to 10-Feb-2026; agenda unchanged; trading window reopens 48 hours post-results.
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Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)
27 Jan - Board meeting 06 Feb 2026 to approve unaudited Q3 results and consider interim dividend; trading window reopens 48 hours.
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Compliances-Reg. 50 (1) - Prior intimation about Board meeting under Regulation 50(1)
27 Jan - Board meeting on 06-Feb-2026 to approve unaudited results for quarter ended 31-Dec-2025 and consider interim dividend.
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Board Meeting Intimation for Consideration And Approval Of Unaudited Financial Results (Standalone And Consolidated) For The Quarter Ended 31St December 2025 And To Decide On Declaration Of Interim Dividend For The Financial Year Ending 31St March 2026
27 Jan - Board meeting on 6 Feb 2026 to approve Q3 results (31 Dec 2025) and consider interim dividend. checklist":["Identify key actions in announcement","Assess materiality for investors","Classify …
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
21 Jan - GST audit (FY2020-21 to 2023-24) alleges ₹24,58,000; ₹16,60,142 already paid.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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Focus on Quick Delivery
Ashiana's core business model is to buy land and turn it into a residential building and sell it. Inventories should be liquidated in a 5-7 year timeframe. Management targets projects with gross margins over 30%. [1]