Ashiana Housing Ltd

Ashiana Housing Ltd

₹ 321 3.28%
30 May - close price
About

Ashiana Housing is principal business activity of the company is Real Estate Development.

Key Points

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]

  • Market Cap 3,231 Cr.
  • Current Price 321
  • High / Low 469 / 248
  • Stock P/E 149
  • Book Value 76.1
  • Dividend Yield 0.47 %
  • ROCE 3.67 %
  • ROE 2.82 %
  • Face Value 2.00

Pros

  • Company has delivered good profit growth of 28.6% CAGR over last 5 years
  • Company has been maintaining a healthy dividend payout of 39.8%

Cons

  • Stock is trading at 4.23 times its book value
  • Company has a low return on equity of 5.46% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.20.4 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
52 66 73 115 99 105 328 166 277 104 38 114 200
53 52 76 105 90 97 294 135 256 109 47 96 182
Operating Profit -1 14 -3 10 9 8 34 31 20 -4 -9 18 18
OPM % -3% 21% -5% 9% 9% 8% 10% 19% 7% -4% -23% 16% 9%
12 1 4 4 4 7 4 4 7 4 4 1 12
Interest 1 1 1 1 1 1 1 0 0 2 1 1 -0
Depreciation 1 2 2 2 2 2 2 2 2 3 3 3 3
Profit before tax 9 12 -2 11 11 13 35 32 25 -4 -9 15 27
Tax % -6% 17% -55% 25% 14% 15% 24% 20% 29% 21% -21% 27% 26%
9 10 -1 8 9 11 26 26 17 -5 -7 11 20
EPS in Rs 0.91 1.00 -0.09 0.81 0.91 1.05 2.63 2.56 1.73 -0.53 -0.70 1.10 1.96
Raw PDF

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
77 120 506 356 289 302 262 202 172 353 878 457
61 84 365 264 234 263 270 197 178 322 782 434
Operating Profit 15 37 141 92 55 39 -8 5 -6 31 96 23
OPM % 20% 31% 28% 26% 19% 13% -3% 2% -3% 9% 11% 5%
11 20 14 14 12 10 -6 16 6 12 19 20
Interest 2 2 3 7 11 15 13 9 5 3 2 2
Depreciation 3 8 8 8 7 8 9 9 8 8 9 12
Profit before tax 21 47 145 92 48 26 -36 3 -12 32 104 29
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
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
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: -48%
Compounded Profit Growth
10 Years: -6%
5 Years: 29%
3 Years: 134%
TTM: -72%
Stock Price CAGR
10 Years: 4%
5 Years: 45%
3 Years: 36%
1 Year: -7%
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
Equity Capital 19 20 20 20 20 20 20 20 20 20 20 20
Reserves 264 500 630 703 746 765 734 735 721 743 751 744
12 36 68 89 134 160 124 65 172 184 148 276
290 545 441 367 276 190 237 452 878 1,173 1,386 2,350
Total Liabilities 585 1,102 1,159 1,179 1,176 1,135 1,115 1,273 1,792 2,120 2,305 3,391
55 62 63 86 120 121 129 96 91 73 101 126
CWIP 1 4 0 0 0 0 0 0 0 3 0 0
Investments 49 291 180 165 140 109 50 65 115 80 79 170
480 745 916 928 916 906 936 1,112 1,585 1,964 2,125 3,095
Total Assets 585 1,102 1,159 1,179 1,176 1,135 1,115 1,273 1,792 2,120 2,305 3,391

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
35 -201 139 -7 19 28 57 13 -25 30 -4
-9 221 20 1 24 4 -60 -73 82 -13 -128
Net Cash Flow -2 -1 57 -55 -15 17 31 58 -29 18 69

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 12 18
Inventory Days 4,735 9,551 3,260 4,460 2,736 2,614
Days Payable 148 237 59 144 87 79
Cash Conversion Cycle 16 17 4,600 15 9,332 3,213 4,340 24 24 22 2,661 2,553
Working Capital Days 714 499 285 523 749 775 809 914 1,237 648 225 431
ROCE % 7% 10% 23% 12% 7% 4% -1% 1% -0% 4% 11% 4%

Shareholding Pattern

Numbers in percentages

1 Recently
Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
61.22% 61.22% 61.22% 61.22% 61.22% 61.11% 61.11% 61.11% 61.11% 61.11% 61.11% 61.11%
7.49% 7.54% 7.55% 7.58% 7.67% 7.86% 8.24% 8.28% 8.34% 7.46% 7.47% 7.74%
7.31% 8.16% 8.51% 8.63% 7.68% 7.40% 7.33% 7.08% 6.99% 7.85% 7.75% 7.75%
23.98% 23.06% 22.72% 22.57% 23.42% 23.64% 23.32% 23.54% 23.57% 23.58% 23.67% 23.41%
No. of Shareholders 20,42519,82019,50418,81918,74920,28719,55622,30423,34124,01824,70525,563

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

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