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    Real Estate - Development
Ashiana Housing Limited

Ashiana Housing Limited

ASHIANA.NS
Ashiana Housing LimitedIN flagNational Stock Exchange of India
379.30
INR
-1.00
- -
38.13BMarket Cap
Ashiana Housing Limited
ASHIANA.NS
(National Stock Exchange of India)

Recent

price

379.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.39
25.3
15.98
11.89
10.12
48.09
35.03
29.93
32.22
29.14
22.74
19.92
39.04
92.37
54.5
- -
117.2
Revenue per Share
4.71
7.47
3.56
2.35
4.93
10.34
6.55
3.74
1.35
-2.95
0.17
-0.69
2.72
8.24
1.88
- -
12.08
Basic EPS, GAAP
4.36
-0.38
-2.86
-4.13
-3.13
-8.13
-4.18
-7.17
-1.88
2.19
10.97
-8.53
1.33
17.85
19.98
- -
- -
Free Cash Flow per Basic Share
0.29
0.39
0.5
0.51
0.56
1.19
-0.02
0.3
0.3
0.3
0.3
0.8
0.5
0.5
1.55
- -
- -
Dividend per Share
2
3.88
4.38
4.5
5.02
3.98
5.22
5.22
4.85
4.55
4.46
2.88
5.09
6.63
3.54
- -
2.06
Book Value per Share
18.77
25.73
28.49
30.1
58.4
63.45
70.5
74.72
76.31
73.17
73.28
71.83
74.16
76.1
78.72
- -
88.09
Tangible Book Value per Share
93
93
93
93
94
102
102
102
102
102
102
102
102
101
97
- -
98
Basic Weighted Avg Shares
129
2,354
1,487
1,107
955
4,922
3,586
3,064
3,298
2,983
2,327
2,039
3,996
9,346
5,288
11,433
11,433
Sales/Revenue/Turnover
43.17
35.11
23.08
15.9
-16.98
19.8
16.89
10.71
5.92
-8.91
-6.98
-16.6
3.6
9.51
0.94
10.19
10.19
Operating Margin (%)
20
24
27
31
85
80
79
73
82
92
89
84
84
95
137
168
133
Depreciation Expense
439
696
331
219
465
1,058
670
382
138
-302
17
-70
279
834
182
1,179
1,179
Net Income, GAAP
3.13
17.6
21.15
15.63
5.22
26.15
26.75
21.56
42.46
- -
- -
- -
18.78
22.62
30.36
25.83
25.83
Effective Tax Rate (%)
339.09
29.55
22.3
19.76
48.67
21.5
18.69
12.48
4.18
-10.14
0.74
-3.45
6.98
8.92
3.45
10.31
10.31
Profit Margin (%)
645
1,877
2,393
2,834
5,010
6,468
7,239
7,150
8,045
7,231
7,134
7,903
8,596
8,298
8,907
10,068
10,068
Working Capital
129
106
111
91
330
574
781
634
1,427
1,136
581
1,654
1,657
1,282
2,550
2,749
2,749
LT Debt
1,749
2,398
2,667
2,814
5,521
6,506
7,227
7,658
7,818
7,498
7,508
7,360
7,597
7,702
7,639
8,595
8,595
Total Equity
3.3
31.08
10.25
5.22
-3.51
11.04
5.8
3
1.22
- -
- -
- -
1.27
7.41
0.35
7.79
7.79
Return on Invested Capital (%)
148.3
183.68
68.24
47.6
74.63
113.16
57.17
28.13
11.03
- -
- -
- -
13.81
37.6
7.58
36.45
37.27
Return on Capital (%)
239.04
254.1
86.26
52.93
104.13
240.16
142.3
71.56
26.74
-62.86
3.73
-18.75
68.35
139.87
35.95
432.95
586.44
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
34
59
481
LT Borrowings
3,351
3,189
2,636
LT Finance Leases
115
139
114
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
101
101
101
Market Capitalization
29,307
28,373
27,285

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
37,365
38,948
40,784
Cash, Cash Equivalents & STI
7,324
8,541
9,177
Accounts Receivable, Net
377
463
427
Inventories
25,776
26,124
27,014
Total Current Liabilities
27,263
28,437
30,716
Payables & Accruals
- -
- -
- -
ST Debt
34
59
481
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.95%
2.86%
12.51%
Free Cash Flow
113.97%
201.03%
61.99%
Net Income, GAAP
-90.67%
-67.59%
546.33%
Sales/Revenue/Turnover
22.47%
58.06%
116.2%
Total Cash Common Dividend
- -
78.83%
66.64%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,191
3,442
1,841
2,872
9,346
2025
1,230
544
1,332
2,181
5,288
2026
2,928
1,658
3,618
3,228
11,433

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.09
2.72
2.78
- -
8.24
2025
-0.51
-0.8
1.11
2.06
1.88
2026
1.31
2.82
5.66
2.2
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.5
2025
- -
- -
- -
- -
1.55
2026
- -
- -
- -
- -
- -
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Business
Ashiana Housing Limited (ASHIANA.NS), founded in 1986 and headquartered at 304 Southern Park, Saket District Centre, New Delhi, India, develops middle- to upper-middle-income residential projects including kid-centric homes, premium apartments, senior living communities, and care homes; it also undertakes limited commercial developments such as office spaces, retail outlets, and integrated townships with amenities like villas, townhouses, business parks, and shopping malls, primarily along the Delhi-Mumbai industrial corridor in satellite cities around industrial hubs. The company targets families, active seniors requiring retirement homes with security and medical support, assisted living services, businesses seeking flexible office solutions, and investors in affordable to luxury housing; operations span key regions including Delhi-NCR (Bhiwadi), Chennai, Jaipur, Pune, and Lavasa, with nine ongoing senior living projects. In August 2025, Ashiana Housing announces a Rs425 crore investment for FY2025-26 to expand senior living initiatives, up from Rs213 crore in FY2024-25 when it achieved Rs382 crore in bookings and constructed 5.38 lakh square feet, targeting Rs450 crore in bookings this year through five new project phases adding 5.71 lakh square feet and entry into Mumbai, Bengaluru, and further Delhi-NCR markets, elevating the segment to over 30% of its residential portfolio.