Ashiana Housing Ltd
NSE: ASHIANA · Residential, Commercial Projects · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹874 cr vs borrowings ₹305 cr (FY26): cash is higher (net cash).
- Operating profit covered interest 106.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY23, FY22).
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 3 of the last 4 quarters.
- Other income was 40% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹344.45 on 2026-10-26: -21.0% from the 52-week high, +27.8% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 55 | 133 | 218 | 293 | 166 | 362 | 323 | 107 |
| EBITDA | -12 | 12 | 18 | 12 | 29 | 68 | 20 | 8 |
| OPM % | -21.5% | 9.1% | 8.2% | 4.0% | 17.6% | 18.9% | 6.3% | 7.0% |
| Other income | 5 | 7 | 12 | 10 | 11 | 11 | 12 | 12 |
| Net profit | -8 | 11 | 20 | 13 | 28 | 57 | 21 | 13 |
| EPS (₹) | -0.80 | 1.11 | 2.06 | 1.31 | 2.82 | 5.66 | 2.20 | 1.36 |
| Revenue YoY | +203.6% | +171.7% | +48.1% | -63.3% | ||||
| Profit YoY | – | +420.8% | +3.1% | +3.0% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 222 | 407 | 944 | 529 | 1,143 | 958 |
| EBITDA | -13 | 28 | 97 | 13 | 130 | 125 |
| Net profit | -7 | 28 | 83 | 18 | 118 | 118 |
| EPS (₹) | -0.64 | 2.81 | 8.33 | 1.86 | 11.99 | 12.04 |
| Revenue growth | +83.7% | +131.7% | -44.0% | +116.2% | +37.1% | |
| Profit growth | – | +199.2% | -78.1% | +546.3% | +224.9% | |
| Dividend / share (₹) | 0.80 | 0.50 | 0.50 | 1.50 | 3.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +41.0% | +36.4% | +37.1% |
| Net profit | +61.7% | +132.9% | +224.9% |
| EPS | +62.2% | +97.4% | – |
| Share price | – | +8.3% (2y) | +22.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 760 | 770 | 764 | 859 |
| Borrowings | – | 182 | 148 | 262 | 305 |
| Cash & equivalents | – | 257 | 339 | 563 | 874 |
| Total assets | – | 2,200 | 2,406 | 3,488 | 4,284 |
| Fixed assets | – | 46 | 70 | 80 | 84 |
| Capital work in progress | – | 3 | 0 | – | 0 |
| Investments | – | 0 | 0 | 36 | 37 |
| Receivables | – | 33 | 44 | 40 | 43 |
| Inventory | – | 1,529 | 1,526 | 2,285 | 2,701 |
| Payables | – | 37 | 53 | 74 | 82 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -62 | 12 | 212 | 234 | 342 |
| Cash from investing | -47 | 32 | -10 | -123 | -52 |
| Cash from financing | 83 | -14 | -128 | 52 | -58 |
| Capex | 5 | 16 | 32 | 40 | 28 |
| Free cash flow | -67 | -5 | 181 | 194 | 314 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 3.7% | 10.8% | 2.4% | 13.7% |
| ROCE % | – | 4.0% | 12.0% | 2.8% | 13.8% |
| Debtor days | – | 30 | 17 | 28 | 14 |
| Inventory days | – | 1,991 | 775 | 2,265 | 1,201 |
| Payable days | – | 49 | 27 | 73 | 36 |
| Cash conversion cycle (days) | – | 1,972 | 765 | 2,220 | 1,179 |
| Working capital days | – | 751 | 321 | 615 | 321 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 61.11% |
| FIIs | 8.12% |
| DIIs | 8.07% |
| of which Mutual funds | 7.98% |
| Public (non-institutions) | 22.70% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% |
| Promoter group | % |
|---|---|
| Varun Gupta | 19.80% |
| Ankur Gupta | 19.80% |
| Vishal Gupta | 13.75% |
| Rachna Gupta | 6.06% |
| OPG Realtors Limited | 1.70% |
| Public holders above 1% | % |
|---|---|
| SBI Multi Asset Allocation Fund | 7.98% |
| India Capital Fund Limited | 7.12% |
| Investor Education and Protection Fund Authority Ministry of Corporate Affairs | 3.45% |
23,066 shareholders. Pledged: 0.00% of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| ASHIANA | ₹3,462 cr | 28.6x | 4.0x | 14.6% | 13.6% | 13.1% | +41.0% | 0.73% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-09-22 | Dividend | Dividend - Rs 1.50 Per Share |
| 2026-02-18 | Dividend | Interim Dividend - Re 1 Per Share |
| 2025-09-18 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-04-11 | Dividend | Interim Dividend - Re 1 Per Share |
| 2024-09-17 | Dividend | Dividend - Rs 1.50 Per Share |
| 2023-09-21 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2023-07-28 | Buyback | Buy Back |
| 2022-09-08 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2022-02-23 | Dividend | Interim Dividend - Rs 0.40 Per Share |
| 2021-09-02 | Dividend | Annual General Meeting/Dividend - Rs 0.40 Per Share |
| 2020-08-10 | Dividend | Annual General Meeting/Dividend - Rs 0.30 Per Share |
| 2019-08-22 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2018-08-14 | Dividend | Annual General Meeting/Dividend- Re 0.25 Per Share |
| 2017-08-16 | Dividend | Annual General Meeting/Dividend - Re 0.25 Per Share |
| 2016-08-09 | Other | Annual General Meeting |
| 2016-03-22 | Dividend | Interim Dividend - Re 0.50/- Per Share (Purpose Revised) |
| 2015-08-14 | Dividend | Annual General Meeting/Dividend - Re 0.50 Per Share |
| 2014-08-21 | Dividend | Annual General Meeting/Dividend Re.0.50/- Per Share |
| 2013-10-24 | Split | Face Value Split From Rs.10/- To Rs.2/- |
| 2013-08-19 | Dividend | Annual General Meeting / Dividend - Rs 2.25/- Per Share |
Documents
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Annual report FY21
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction: Real estate activities with own or leased property
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | ASHIANA |
| BSE code | 523716 |
| ISIN | INE365D01021 |
| Face value | ₹2.0 |
| Incorporated | 1986-06-25 |
| Website | www.ashianahousing.com |
| Plants (India / abroad) | 18 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.