ASHIANA · Ashiana Housing Ltd · Construction Services
ASHIANA · Ashiana Housing Ltd · Construction Services
As of 05 Nov close
52-week range
20.2% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹107 Cr
Revenue YoY
PAT YoY
+2.9%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
3.9
P/S (TTM)
3.6
Sector P/E
14.4
Dividend yield
+0.7%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| ASHIANA (this stock) | 33.5 | 3.9 | +12.3% | +13.5% | 0.35 | +0.7% |
| DLF | 34.5 | 3.5 | +65.8% | +9.8% | 0.01 | +1.2% |
| Lodha Developers | 23.1 | 4.6 | +22.7% | +17.7% | 0.42 | +0.4% |
| Indus Towers | 14.4 | 2.4 | +21.8% | +17.3% | 0.52 | +3.6% |
Promoter
stable
FII
falling 1q
MF
7.98% (0.00pp)
stable
Insider trades
| Date | Insider | Type | Qty | Value |
|---|---|---|---|---|
| 30 Sept 2026 | Tushar Padalkar | BUY | 2,700 | ₹10.4 lakh |
| 15 Sept 2026 | Deepak Dhyani | BUY | 5,826 | ₹20.02 lakh |
| 02 Jun 2026 | Sunil Vidyadhar Damle | BUY | 5,970 | ₹22.01 lakh |
| 02 Jun 2026 | Sunil Vidyadhar Damle | BUY | 5,970 | ₹22.01 lakh |
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- lowbusiness-standard.com· 11 Aug 2026, 08:43 amQ1 results: Siemens, MRF, Zydus Lifesciences, RVNL, and 344 more on Aug 11
Concalls & investor presentations
AI-generatedKey takeaway: Ashiana Housing Limited's investor presentation for the quarter ended September 30, 2026, highlights strong financial and operational performance. Revenue from operations reached INR 683 crore in H1 FY27, a 49% increase from H1 FY26, driven by project handovers in Gurugram. PAT rose to INR 64 crore, up 59% YoY, supported by higher revenue. Pre-tax operating cash flow increased by 12% to INR 259 crore. Booking value in Q2 FY27 was INR 834 crore, covering 9.47 lakh sq. ft., driven by conversions at Ashiana OMA, Jaipur. Collections reached INR 487 crore in Q2 FY27, reflecting sustained cash flow generation. The company acquired 28.55 acres in Pune for a Senior Living project with a potential sales value of INR 1,800 crore. Ongoing projects include 38 phases across 15 projects with a total constructed area of 356 lakh sq. ft. The company emphasized its position as India's No.1 Senior Living brand, with a 5-year pre-sale CAGR of 35% and a 5-year collection CAGR of 29%. Strategic focus areas include expanding Senior Living, Kid-Centric Homes, and Premium & Elite Homes, with a net cash balance sheet supporting growth. The presentation also outlined future projects and land acquisitions, including a 22.71-acre site in Chennai for Senior Living. The company reported a net worth of INR 785 crore and a market cap of INR 100,524.857 million as of September 30, 2026.
The presentation emphasizes strong financial growth, successful project completions, and strategic expansion in key markets, reflecting a positive outlook on the company's performance and future prospects.
Sourced from an exchange-filed presentation, dated 05 Nov 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Ashiana Housing Limited held its Q1 FY27 earnings conference call on August 12, 2026, to discuss its performance for the quarter ending June 30, 2026. Management reported a booking value of INR 358 crores, with 234 units sold, reflecting a moderation compared to the previous quarter. Collections remained strong at INR 409 crores, marking a 6% year-on-year growth. The average realization per square foot increased by 37% to INR 9,923. Management highlighted a significant land acquisition of 28.55 acres in Pune for a Senior Living project, with an estimated saleable area of 20 lakh square feet. Revenue from operations for the quarter was INR 107 crores, down from INR 293 crores in Q1 FY26, primarily due to lower deliveries. Despite this, operating cash generation was healthy at INR 121 crores. Management emphasized a focus on maintaining a disciplined approach to capital allocation and strengthening the development pipeline, particularly in the Senior Living segment.
Management reported on both challenges and progress in various segments.
Sourced from an exchange-filed transcript, dated 17 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Ashiana Housing Limited for the quarter ended June 30, 2026, provided an overview of the company's performance and strategic positioning. Management reported a revenue from operations of INR 107 crore for Q1 FY27, a decrease from INR 323 crore in Q4 FY26 and INR 293 crore in Q1 FY26, attributed to project handovers. The presentation highlighted a strong operational model with 36 ongoing projects and a total constructed area of 349.21 lakh sq. ft. Management emphasized the company's leadership in the senior living segment and its asset-light growth strategy. The document also noted a significant demand for senior living communities in India, driven by demographic changes. Additionally, the company raised INR 43.25 crore through the issuance of non-convertible debentures for a new project in Pune. The presentation concluded with a focus on future growth opportunities and ongoing project developments.
The presentation provided a balanced view of the company's performance and strategic initiatives without strong positive or negative emphasis.
Sourced from an exchange-filed presentation, dated 11 Aug 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Ashiana Housing Limited held its Q4 FY26 Earnings Conference Call on May 29, 2026, to discuss its performance for the quarter and the year ended March 31, 2026. Management reported strong operational and financial results, with a booking value of Rs. 2,421 crores for FY26, a 25% year-on-year increase. The Senior Living segment achieved record bookings of Rs. 570 crores, reflecting a 55% growth. The company maintained robust execution, with total income for the quarter at Rs. 335 crores, up 46% year-on-year. EBITDA for the quarter was Rs. 35 crores, with a margin of 10.43%. Management highlighted strategic land acquisitions to enhance its Senior Living portfolio and emphasized disciplined capital allocation focused on growth. The call included discussions on market dynamics, competition, and future project launches, with management expressing confidence in sustaining growth momentum and profitability.
Management emphasized strong growth and operational execution throughout the earnings call.
Sourced from an exchange-filed transcript, dated 04 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation from Ashiana Housing Limited reported significant growth in FY26, with the highest ever value of area booked at Rs. 2,421.13 crores, a 25.01% increase from FY25. The sales value of area booked in the Senior Living segment reached Rs. 570.15 crores, marking a record for the company. The presentation highlighted a 30.19% increase in Equivalent Area Constructed (EAC) to 26.19 lakh sq. ft. and the highest collections from customers at Rs. 1,762 crores. The company launched several new projects, including Ashiana Aaroham in Gurugram, and expanded its Senior Living portfolio through land acquisitions. The presentation also noted a pre-tax operating cash flow increase of 34% year-on-year. Awards received included recognition for the podcast 'Adding Zindagi to Years' and accolades for various projects in the Senior Living category.
The presentation emphasized strong financial performance and growth in various segments.
Sourced from an exchange-filed presentation, dated 28 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ashiana Housing Limited for the quarter and year ended March 31, 2026, reported significant growth in operational and financial metrics. In Q4 FY26, the value of area booked reached Rs. 1,289.70 Crores, a substantial increase from Rs. 397.03 Crores in Q3 FY26 and Rs. 574.72 Crores in Q4 FY25. The average realization rate also saw a notable rise to Rs. 11,566 per sq ft, compared to Rs. 7,268 in Q3 FY26. The company launched several projects contributing to this growth, including Ashiana Aaroham in Gurugram. For FY26, the total value of area booked was Rs. 2,421.13 Crores, marking a 25.01% increase from FY25. The presentation highlighted the highest ever collections from customers at Rs. 1,762 Crores and a PAT of Rs. 117.89 Crores for FY26. Additionally, the company expanded its senior living portfolio through land acquisitions in Maharashtra and Chennai.
Management emphasized strong growth in sales and operational performance.
Sourced from an exchange-filed presentation, dated 28 May 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: Ashiana Housing Limited held its Q3 FY '26 earnings call on February 12, 2026, to discuss its performance for the quarter ended December 31, 2025. Management reported that the company surpassed its presales goal of INR 2,000 crores, driven by strong sales from the Ashiana Aaroham project. The total revenue for Q3 FY '26 was INR 373.35 crores, significantly higher than INR 176.18 crores in Q2 FY '26, with a profit after tax of INR 56.65 crores. Management highlighted the impact of GRAP-related restrictions on construction in Delhi NCR, which affected the equivalent area constructed. The company initiated handovers for several projects during the quarter and discussed its strategy to expand its senior living portfolio. Management acknowledged challenges in land acquisitions but expressed optimism about ongoing discussions for new projects. The call concluded with management emphasizing their commitment to customer-centric development and operational cash flow.
Management emphasized strong sales momentum and operational cash flow.
Sourced from an exchange-filed transcript, dated 19 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
Key takeaway: The investor presentation for Ashiana Housing Limited for the quarter ended December 31, 2025, reported a value of area booked at Rs. 397.03 Crores, an increase from Rs. 303.43 Crores in the previous quarter. The current quarter included the launch of Ashiana Amaya and Ashiana Vatsalya Phase-II, contributing Rs. 198.62 Crores to the bookings. The average realization price was Rs. 7,268 per sq ft, slightly down from Rs. 7,346 in the previous quarter. Sales and other income surged to Rs. 373.35 Crores, driven by project handovers, with a PAT of Rs. 56.65 Crores, up from Rs. 27.54 Crores in the previous quarter. The presentation also highlighted ongoing projects and future developments, including a senior living project in Chennai. Awards received included recognition for a podcast and accolades in the real estate sector.
Management highlighted growth in sales and project launches, indicating a strong performance.
Sourced from an exchange-filed presentation, dated 10 Feb 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedAshiana Housing Limited's annual report for FY2025-26 highlights the company's focus on building environments beyond physical residences, emphasizing customer satisfaction, transparency, and community development. The report outlines the company's commitment to long-term value creation through sustainable practices, premium residential products, and CSR initiatives. It also details the management team's experience and the company's governance structure, including its Board of Directors and risk management strategies.
- Emphasis on creating vibrant communities and long-term value for customers through sustainable and premium residential developments.
- Commitment to transparency, customer satisfaction, and ethical business practices as core values.
- Active engagement in CSR initiatives focused on education, skill development, women empowerment, and environmental sustainability.
- Governance structure with experienced Board members and a focus on risk management and internal controls.
- Expansion of product offerings to include Kid Centric Homes, Premium Homes, Elite Homes, and Senior Living to cater to diverse market demands.
Key takeaway: Ashiana Housing Limited prioritizes sustainable development, community engagement, and premium residential products, supported by a strong governance structure and diverse product offerings to meet evolving market demands.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (1 item); Regulatory Action (4 items); Default / Covenant Breach (3 items); Investigation or enforcement mention (1 item)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
1 occurrenceOlder (3+ years ago)
The auditor identified a key audit matter related to potential revenue recognition issues, including possible management bias in understating revenues by shifting them to later periods, and performed specific procedures to address these concerns.
Regulatory Action
4 occurrencesRecent (last 12 months)
The company contested fines imposed by a regulatory authority for the ISINs INE365D08018, INE365D08026, INE365D08034, and INE365D07077 for the periods 2021-2023 and is seeking a refund of the waived amount.
Earlier (1-3 years ago)
The Directorate General of GST Intelligence (DGGI) conducted a search at Ashiana Housing Limited's Treehouse Hotel Club and Spa unit in Bhiwadi. The company incorrectly applied GST rates on restaurant billing, leading to a regulatory investigation. DGGI waived the Show Cause Notice after the company paid all dues, including interest and penalty, and issued a closure letter dated 19.03.2025.
The Bombay Stock Exchange Limited (BSE Ltd.) levied penalties of ₹17,98,320/- during FY 2022-23 and ₹11,800/- and ₹1,55,750/- during FY 2023-24 for non-compliance with SEBI regulations, though the latter two were waived after the company's submissions.
Older (3+ years ago)
In FY 2018-2019, the company was fined ₹6,65,000 by NSE and BSE under SEBI regulations. NSE waived ₹4,60,000, but no response was received from BSE. Additional late filing fines of ₹2,360 and ₹37,760 were paid to NSE and BSE respectively.
Default / Covenant Breach
3 occurrencesRecent (last 12 months)
The company has outstanding statutory dues including provident fund, employees’ state insurance, income-tax, GST, customs duty, Cess, and other material statutory dues for more than six months from their due dates.
Earlier (1-3 years ago)
The company has statutory dues including provident fund, employees’ state insurance, income-tax, Goods and Service Tax, duty of customs, Cess and other material statutory dues, as applicable, which were outstanding as at the last day of the financial year under review for a period of more than six months from the date they became payable.
The company has statutory dues outstanding for more than six months, including Rs. 2.62 Lacs in professional tax, and has disputes pending for various taxes like VAT and GST with multiple authorities.
Investigation or enforcement mention
1 occurrenceOlder (3+ years ago)
The company provisioned for embezzlement, leading to a decrease in pre-tax profit (PBT) from ₹30 Lakhs to negative ₹1,463 Lakhs.
Routine disclosures
Internal Control Weakness
1 occurrenceRecent (last 12 months)
The auditor identified a material weakness in the company's internal financial controls over financial reporting.
Contingent Liability
6 occurrencesRecent (last 12 months)
The company has a contingent liability related to Non-Convertible Debentures (NCDs) issued to IFC, with outstanding principal amounts and a disputed fine of ₹18,11,300/- waived by BSE Ltd. to ₹15,29,940/-. The company is seeking a refund of the waived amount.
Earlier (1-3 years ago)
The company has contingent liabilities not provided for, including claims and demands related to GST & Service Tax, Income Tax, Provident Fund, Commercial Tax, Employee State Insurance Corporation, and Completion Certificate Charges.
The company has a contingent liability related to land acquisition for 12.834 hectares at Milakpur Gujar, Bhiwadi, Rajasthan.
Older (3+ years ago)
The company has contingent liabilities not provided for, including claims related to Cess - Sonari land, GST & Service Tax, VAT, Income Tax, and others, as well as a writ petition against JNAC's order regarding the Marine Plaza project in Sonari, Jamshedpur.
The company has contingent liabilities not provided for, including claims related to Cess - Sonari land, GST & Service Tax, Income Tax, Provident Fund, Commercial Tax, Employee State Insurance Corporation, and Completion Certificate Charges.
The company has a contingent liability related to the Sonari land cess and has filed a writ petition against JNAC and the State of Jharkhand, with no resolution received yet.
Related-Party Transaction
3 occurrencesRecent (last 12 months)
Ashiana Housing Ltd. provided an inter-corporate loan of ₹1,343.52 Lakhs to Nitya Care Homes (P) Limited, a wholly owned subsidiary, during FY 2025-26. Additionally, Ashiana Housing Ltd. subscribed to 1,500 Optionally Fully Convertible Debentures worth ₹1,500 lakhs issued by Nitya Care Homes (P) Ltd., a subsidiary, for business expansion and working capital.
Earlier (1-3 years ago)
The company granted inter-corporate loans to Kairav Developers Limited (a joint venture) and Latest Developers Limited (a wholly-owned subsidiary) during FY 2023-24, amounting to ₹907.90 Lakhs and ₹10 Lakhs respectively.
Older (3+ years ago)
Ashiana Housing Ltd. provided a corporate guarantee of ₹35,00,00,000 to HDFC Ltd. for a construction finance loan by Vista Housing, a partnership firm in which Ashiana Housing Ltd. is one of the partners.
Statutory dues in dispute
1 occurrenceOlder (3+ years ago)
The company has outstanding tax dues under dispute with various authorities, including Income Tax and Service Tax, with amounts ranging from 2014-15 to 2018-19, pending before multiple forums.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
0.72% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).