Ashiana Housing Ltd
Ashiana Housing is principal business activity of the company is Real Estate Development.
- Market Cap ₹ 2,949 Cr.
- Current Price ₹ 293
- High / Low ₹ 376 / 248
- Stock P/E 25.2
- Book Value ₹ 78.6
- Dividend Yield 0.85 %
- ROCE 3.33 %
- ROE 2.74 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 26.8% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 39.7%
Cons
- Stock is trading at 3.56 times its book value
- Company has a low return on equity of 5.60% over last 3 years.
- Earnings include an other income of Rs.43.6 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 111 | 143 | 529 | 382 | 321 | 338 | 304 | 242 | 222 | 410 | 944 | 529 | 1,038 | |
| 91 | 105 | 389 | 291 | 267 | 303 | 317 | 241 | 231 | 379 | 847 | 511 | 911 | |
| Operating Profit | 20 | 37 | 140 | 91 | 54 | 34 | -13 | 1 | -9 | 30 | 97 | 18 | 127 |
| OPM % | 18% | 26% | 27% | 24% | 17% | 10% | -4% | 0% | -4% | 7% | 10% | 3% | 12% |
| 11 | 22 | 14 | 15 | 14 | 13 | -4 | 17 | 8 | 16 | 23 | 24 | 44 | |
| Interest | 2 | 2 | 3 | 7 | 12 | 15 | 14 | 9 | 5 | 3 | 2 | 2 | 1 |
| Depreciation | 3 | 8 | 8 | 8 | 7 | 8 | 9 | 9 | 8 | 8 | 9 | 13 | 13 |
| Profit before tax | 26 | 49 | 143 | 91 | 49 | 24 | -39 | 0 | -15 | 34 | 108 | 26 | 157 |
| Tax % | 15% | 5% | 26% | 27% | 22% | 42% | -23% | -473% | -52% | 19% | 23% | 30% | |
| 22 | 47 | 106 | 67 | 38 | 14 | -30 | 2 | -7 | 28 | 83 | 18 | 117 | |
| EPS in Rs | 2.35 | 4.54 | 10.34 | 6.55 | 3.74 | 1.35 | -2.95 | 0.17 | -0.69 | 2.72 | 8.30 | 1.81 | 11.67 |
| Dividend Payout % | 21% | 11% | 5% | 4% | 7% | 19% | -10% | 238% | -131% | 18% | 18% | 83% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 12% |
| 3 Years: | 34% |
| TTM: | 73% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -6% |
| 5 Years: | 27% |
| 3 Years: | 106% |
| TTM: | 520% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 17% |
| 3 Years: | 18% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 3% |
| 3 Years: | 6% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 266 | 502 | 630 | 702 | 745 | 761 | 729 | 730 | 716 | 739 | 750 | 744 | 770 |
| 12 | 37 | 68 | 89 | 138 | 163 | 124 | 68 | 174 | 184 | 148 | 276 | 350 | |
| 316 | 619 | 465 | 409 | 328 | 249 | 299 | 521 | 954 | 1,256 | 1,484 | 2,448 | 2,794 | |
| Total Liabilities | 613 | 1,179 | 1,183 | 1,220 | 1,232 | 1,194 | 1,173 | 1,339 | 1,864 | 2,200 | 2,402 | 3,488 | 3,934 |
| 56 | 68 | 63 | 86 | 121 | 121 | 130 | 98 | 93 | 74 | 101 | 128 | 112 | |
| CWIP | 1 | 4 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 1 |
| Investments | 33 | 255 | 178 | 174 | 158 | 128 | 66 | 86 | 138 | 101 | 108 | 206 | 302 |
| 522 | 853 | 941 | 960 | 953 | 945 | 976 | 1,155 | 1,633 | 2,022 | 2,192 | 3,153 | 3,520 | |
| Total Assets | 613 | 1,179 | 1,183 | 1,220 | 1,232 | 1,194 | 1,173 | 1,339 | 1,864 | 2,200 | 2,402 | 3,488 | 3,934 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -23 | -4 | -79 | -39 | -54 | -10 | 28 | 121 | -85 | 12 | 212 | 234 | |
| 30 | -203 | 121 | -24 | 11 | 31 | 64 | 12 | -22 | 32 | -10 | -123 | |
| -8 | 213 | 18 | 15 | 32 | 2 | -63 | -73 | 81 | -14 | -128 | 52 | |
| Net Cash Flow | -0 | 6 | 60 | -48 | -11 | 22 | 29 | 61 | -27 | 29 | 75 | 163 |
| Free Cash Flow | -38 | -30 | -83 | -43 | -71 | -19 | 24 | 134 | -90 | -4 | 182 | 195 |
| CFO/OP | -77% | -2% | -36% | -29% | -83% | -12% | -235% | 14,143% | 922% | 60% | 242% | 1,395% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 32 | 35 | 19 | 23 | 29 | 25 | 38 | 41 | 41 | 29 | 15 | 28 |
| Inventory Days | 4,736 | 9,495 | 3,261 | 4,701 | 2,736 | |||||||
| Days Payable | 158 | 263 | 73 | 176 | 95 | |||||||
| Cash Conversion Cycle | 32 | 35 | 4,596 | 23 | 9,261 | 3,213 | 4,563 | 41 | 41 | 29 | 2,656 | 28 |
| Working Capital Days | 559 | 432 | 266 | 475 | 585 | 663 | 678 | 715 | 902 | 517 | 190 | 226 |
| ROCE % | 8% | 10% | 23% | 12% | 7% | 4% | -1% | 0% | -1% | 4% | 11% | 3% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Area Booked Lakhs Sq. ft. |
|
|||||||||||
| Area Delivered Lakhs Sq. ft. |
||||||||||||
| Average Realization INR/Sq. ft. |
||||||||||||
| Equivalent Area Constructed (EAC) Lakhs Sq. ft. |
||||||||||||
Documents
Announcements
-
Intimation Of Extra-Ordinary General Meeting Of The Company To Be Held On Wednesday, 22Nd April 2026 At 11:30 A.M. Through Video Conference/OAVM
1d - EGM postponed to 22 Apr 2026; record date 15 Apr 2026; appoint Vikas Choudhury as independent director, Rs8 lakh p.a.
-
Company Has Fixed 15Th April 2026 (Wednesday) As Record Date For The Purpose Of Determining The Shareholders Eligible To Participate In Remote E-Voting And E-Voting At The EGM Of The Company To Be Held On Wednesday, 22Nd April 2025 At 11:30 A.M.
1d - EGM moved to 22 Apr 2026; record date 15 Apr; appoint Vikas Choudhury, ₹8 lakh p.a.
-
Corporate Announcement For Entering Into Agreement To Sell And Agreement To Perpetual Lease Pertaining To Land Parcel Located At Panvel Maharashtra For Which Intimation Was Filed On 05Th April 2025
1d - Sale (6.02 acres) and perpetual lease (1.03 acres) in Panvel; 700,000 sq.ft senior-living; launch Q4 FY27.
-
Closure of Trading Window
24 Mar - Trading window closed from 01 Apr 2026 until 48 hours after audited results for quarter/year ended 31 Mar 2026.
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 Feb - Investor meeting (24 Feb 2026): Rs6000 crore pre-sales, senior living focus, net cash, target 15% post-tax ROE.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2012
from nse
Concalls
-
Feb 2026Transcript PPT
-
Feb 2026TranscriptAI SummaryPPT
-
Nov 2025Transcript PPT
-
Nov 2025TranscriptAI SummaryPPT
-
Aug 2025Transcript PPT
-
Jun 2025Transcript PPT
-
May 2025TranscriptAI SummaryPPT
-
Feb 2025Transcript PPT
-
Feb 2025TranscriptAI SummaryPPT
-
Nov 2024Transcript PPT
-
Aug 2024Transcript PPT
-
Aug 2024TranscriptAI SummaryPPT
-
Aug 2024TranscriptAI SummaryPPT
-
Jun 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Nov 2023Transcript PPT REC
-
Aug 2023Transcript PPT
-
Jun 2023Transcript PPT
-
Feb 2023Transcript PPT
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022Transcript PPT
-
Sep 2022Transcript PPT
-
Aug 2022TranscriptAI SummaryPPT
-
Jun 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
Jul 2021Transcript PPT
-
Mar 2021Transcript PPT
-
Nov 2020Transcript PPT
-
Aug 2020Transcript PPT
-
Jul 2020Transcript PPT
-
Jun 2020TranscriptAI SummaryPPT
-
Apr 2020TranscriptPPT
-
Feb 2020TranscriptPPT
-
Feb 2020TranscriptPPT
-
Feb 2020Transcript PPT
-
Nov 2019TranscriptAI SummaryPPT
-
Nov 2019Transcript PPT
-
Aug 2019Transcript PPT
-
Jul 2019Transcript PPT
-
May 2019TranscriptAI SummaryPPT
-
Feb 2019Transcript PPT
-
Nov 2018TranscriptAI SummaryPPT
-
Nov 2018Transcript PPT
-
Aug 2018Transcript PPT
-
May 2018TranscriptAI SummaryPPT
-
Feb 2018Transcript PPT
-
Nov 2017TranscriptAI SummaryPPT
-
Nov 2017Transcript PPT
-
Aug 2017Transcript PPT
-
Jun 2017TranscriptAI SummaryPPT
-
Feb 2017TranscriptPPT
-
Nov 2016TranscriptPPT
-
Jun 2016TranscriptPPT
-
Feb 2016TranscriptPPT
-
Nov 2015TranscriptPPT
-
Aug 2015Transcript PPT
Business Model[1]
Ashiana Housing's business model emphasizes in-house end-to-end execution for premium homes, kid-centric residences, and senior living projects across 8 locations. It treats land as raw material, relies on in-house construction, sales, marketing, and facility management to ensure quality, on-time delivery, and customer satisfaction.
Their differentiated offering is senior living housing accounting for 25%+ of presales,with target to reach 50%.[2]