Ashiana Housing Ltd
Ashiana Housing is principal business activity of the company is Real Estate Development.
- Market Cap ₹ 3,245 Cr.
- Current Price ₹ 323
- High / Low ₹ 376 / 248
- Stock P/E 26.7
- Book Value ₹ 79.1
- Dividend Yield 0.77 %
- 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 4.08 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.46.5 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 | 962 | |
| 61 | 84 | 365 | 264 | 234 | 263 | 270 | 197 | 178 | 322 | 782 | 434 | 833 | |
| Operating Profit | 15 | 37 | 141 | 92 | 55 | 39 | -8 | 5 | -6 | 31 | 96 | 23 | 130 |
| OPM % | 20% | 31% | 28% | 26% | 19% | 13% | -3% | 2% | -3% | 9% | 11% | 5% | 13% |
| 11 | 20 | 14 | 14 | 12 | 10 | -6 | 16 | 6 | 12 | 19 | 20 | 46 | |
| 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 | 162 |
| 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 | 122 | |
| 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 | 12.09 |
| 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: | 80% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 28% |
| 3 Years: | 132% |
| TTM: | 518% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 22% |
| 3 Years: | 31% |
| 1 Year: | 10% |
| 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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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
3h - Investor meeting (24 Feb 2026): Rs6000 crore pre-sales, senior living focus, net cash, target 15% post-tax ROE.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
19 Feb - Submission of Transcript for Conference Call held on 12th February 2026 for Analysts and Investors to discuss the performance of the company for quarter and …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Feb - Investors and Analysts Meet on 24 Feb 2026, 12:00 PM at Ashiana Amodh, Pune; focus: Senior Living.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
13 Feb - Company will hold an Investors and Analyst''s Meet on Tuesday, 24th February 2026 at 12:00 PM (Noon) at Ashiana Amodh, a Senior Living Project of …
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 Feb - Audio of 12-Feb-2026 analyst call on quarter and nine months ended 31-Dec-2025 posted.
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 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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Feb 2026Transcript PPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT
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Jun 2020TranscriptAI SummaryPPT
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Nov 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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Nov 2016TranscriptPPT
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Nov 2015TranscriptPPT
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Aug 2015Transcript PPT
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]