Ashiana Housing Ltd

Ashiana Housing Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ashiana Housing Ltd

₹ 319 -2.91%
12 Dec 1:08 p.m.
ashianahousing.com BSE: 523716 NSE: ASHIANA
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]

Website BSE NSE
  • Market Cap ₹ 3,207 Cr.
  • Current Price ₹ 319
  • High / Low ₹ 469 / 252
  • Stock P/E 99.7
  • Book Value ₹ 75.3
  • Dividend Yield 0.47 %
  • ROCE 11.3 %
  • ROE 10.4 %
  • Face Value ₹ 2.00
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Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 43.3% CAGR over last 5 years
  • Debtor days have improved from 29.1 to 16.9 days.

Cons

  • Stock is trading at 4.33 times its book value
  • Company has a low return on equity of 4.59% over last 3 years.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.21.8 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

Sector: Realty Industry: Construction

Part of BSE Allcap BSE Consumer Discretionary BSE SmallCap

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
57.75 51.40 74.67 80.01 86.82 129.93 111.47 121.30 346.09 185.10 289.67 123.09 54.54
63.33 55.09 68.19 65.24 91.63 119.66 102.86 113.32 312.76 151.75 269.39 128.86 66.27
Operating Profit -5.58 -3.69 6.48 14.77 -4.81 10.27 8.61 7.98 33.33 33.35 20.28 -5.77 -11.73
OPM % -9.66% -7.18% 8.68% 18.46% -5.54% 7.90% 7.72% 6.58% 9.63% 18.02% 7.00% -4.69% -21.51%
2.94 -0.28 3.61 1.21 4.90 5.38 5.46 7.99 4.93 4.15 7.29 5.42 4.99
Interest 1.32 1.11 0.94 0.85 0.74 0.81 0.64 0.75 0.61 0.35 0.34 1.51 0.65
Depreciation 2.36 2.31 1.47 2.24 2.06 2.15 1.98 2.21 2.27 2.55 2.45 2.71 3.10
Profit before tax -6.32 -7.39 7.68 12.89 -2.71 12.69 11.45 13.01 35.38 34.60 24.78 -4.57 -10.49
Tax % -9.18% -48.04% 17.84% 20.40% -33.21% 28.68% 9.34% 16.45% 22.70% 19.65% 29.86% 19.26% -28.03%
-5.74 -3.84 6.31 10.26 -1.81 9.05 10.38 10.87 27.35 27.80 17.38 -5.45 -7.55
EPS in Rs -0.56 -0.38 0.62 1.00 -0.18 0.88 1.01 1.06 2.72 2.77 1.73 -0.54 -0.75
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
149 111 143 529 382 321 338 304 242 222 410 944 652
114 91 105 389 291 267 303 317 241 231 379 847 616
Operating Profit 35 20 37 140 91 54 34 -13 1 -9 30 97 36
OPM % 23% 18% 26% 27% 24% 17% 10% -4% 0% -4% 7% 10% 6%
13 11 22 14 15 14 13 -4 17 8 16 23 22
Interest 3 2 2 3 7 12 15 14 9 5 3 2 3
Depreciation 3 3 8 8 8 7 8 9 9 8 8 9 11
Profit before tax 42 26 49 143 91 49 24 -39 0 -15 34 108 44
Tax % 21% 15% 5% 26% 27% 22% 42% -23% -473% -52% 19% 23%
33 22 47 106 67 38 14 -30 2 -7 28 83 32
EPS in Rs 3.56 2.35 4.54 10.34 6.55 3.74 1.35 -2.95 0.17 -0.69 2.72 8.30 3.21
Dividend Payout % 13% 21% 11% 5% 4% 7% 19% -10% 238% -131% 18% 18%
Compounded Sales Growth
10 Years: 24%
5 Years: 23%
3 Years: 57%
TTM: -8%
Compounded Profit Growth
10 Years: 15%
5 Years: 43%
3 Years: 147%
TTM: -44%
Stock Price CAGR
10 Years: 5%
5 Years: 30%
3 Years: 23%
1 Year: 30%
Return on Equity
10 Years: 5%
5 Years: 2%
3 Years: 5%
Last Year: 10%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 19 19 20 20 20 20 20 20 20 20 20 20 20
Reserves 249 266 502 630 702 745 761 729 730 716 739 750 737
14 12 37 68 89 138 163 124 68 174 184 148 274
130 316 619 465 409 328 249 299 521 954 1,256 1,487 1,957
Total Liabilities 412 613 1,179 1,183 1,220 1,232 1,194 1,173 1,339 1,864 2,200 2,406 2,987
46 56 68 63 86 121 121 130 98 93 74 101 105
CWIP 0 1 4 1 0 0 0 0 0 0 3 0 0
Investments 55 33 255 178 174 158 128 66 86 138 101 108 102
311 522 853 941 960 953 945 976 1,155 1,633 2,022 2,196 2,780
Total Assets 412 613 1,179 1,183 1,220 1,232 1,194 1,173 1,339 1,864 2,200 2,406 2,987

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-22 -23 -4 -79 -39 -54 -10 28 121 -85 12 212
49 30 -203 121 -24 11 31 64 12 -22 32 -10
-13 -8 213 18 15 32 2 -63 -73 81 -14 -128
Net Cash Flow 14 -0 6 60 -48 -11 22 29 61 -27 29 75

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 30 32 35 19 23 29 25 38 41 41 29 17
Inventory Days 4,736 9,495 3,261 4,701 2,736
Days Payable 158 263 73 176 95
Cash Conversion Cycle 30 32 35 4,596 23 9,261 3,213 4,563 41 41 29 2,658
Working Capital Days 352 559 435 272 475 654 666 679 729 917 533 198
ROCE % 15% 8% 10% 23% 12% 7% 4% -1% 0% -1% 4% 11%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
61.22% 61.22% 61.22% 61.22% 61.22% 61.22% 61.22% 61.11% 61.11% 61.11% 61.11% 61.11%
4.90% 5.69% 7.49% 7.54% 7.55% 7.58% 7.67% 7.86% 8.24% 8.28% 8.34% 7.46%
9.36% 9.44% 7.31% 8.16% 8.51% 8.63% 7.68% 7.40% 7.33% 7.08% 6.99% 7.85%
24.52% 23.65% 23.98% 23.06% 22.72% 22.57% 23.42% 23.64% 23.32% 23.54% 23.57% 23.58%
No. of Shareholders 20,30020,36620,42519,82019,50418,81918,74920,28719,55622,30423,34124,018

* 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.

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