ASHIANA

Ashiana Housing Limited

Mid-income residential and senior living projects developer

Consumer Discretionary›Realty›Realty›Residential, Commercial Projects

ashianahousing.com(opens the company website in a new tab)
Ask AI

Key metrics

Price as of 2026-10-16

Stock price
₹361.45
Market cap
3,633 Cr
Stock P/E
30.7
P/B
4.23
Dividend yield
0.7%
ROE (FY26)
13.7%
ROCE (FY26)
13.8%
Operating margin (FY26)
10.2%
Debt / equity (FY26)
0.36
OCF / EBITDA (FY26)
264.2%
OCF / EBITDA (3Y)
323.5%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

Loading price history…

Compare with peers

Loading peers…

What you need to know

Ashiana Housing develops and sells residential apartment communities, including senior living projects and kid-centric homes, to home buyers in Indian cities such as Jamshedpur, Chennai, Jaipur, Pune and Gurugram.

Company snapshot

28thBy market cap

Ranked among 79 companies in Residential, Commercial Projects.

What we see

Positives
  • ✓323% of operating profit came in as cash over the last three years — profits are backed by real cash.
1 more signal from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales346 Cr184 Cr290 Cr123 Cr55 Cr133 Cr218 Cr293 Cr166 Cr362 Cr323 Cr107 Cr
Operating expenses (approx.)313 Cr152 Cr269 Cr129 Cr66 Cr116 Cr200 Cr281 Cr136 Cr294 Cr303 Cr100 Cr
EBITDA33 Cr33 Cr20 Cr-6 Cr-12 Cr17 Cr18 Cr12 Cr29 Cr68 Cr20 Cr8 Cr
OPM %9.6%17.7%7.0%-4.7%-21.5%12.9%8.2%4.0%17.6%18.9%6.3%7.0%
Other income5 Cr5 Cr7 Cr5 Cr5 Cr7 Cr12 Cr10 Cr11 Cr11 Cr12 Cr12 Cr
Interest0.61 Cr0.35 Cr0.34 Cr2 Cr0.65 Cr3 Cr-0.28 Cr0.46 Cr0.20 Cr0.40 Cr0.62 Cr0.27 Cr
Depreciation2 Cr3 Cr2 Cr3 Cr3 Cr0.53 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Profit before tax35 Cr35 Cr25 Cr-5 Cr-10 Cr15 Cr26 Cr18 Cr36 Cr76 Cr29 Cr16 Cr
Tax %22.7%19.7%29.9%-19.3%28.0%27.2%22.6%29.5%23.8%25.5%26.9%19.6%
Net profit27 Cr28 Cr17 Cr-5 Cr-8 Cr11 Cr20 Cr13 Cr28 Cr57 Cr21 Cr13 Cr
EPS (₹)₹2.72₹2.78₹1.72₹-0.51₹-0.80₹1.11₹2.06₹1.31₹2.82₹5.66₹2.20₹1.36

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales359 Cr306 Cr330 Cr299 Cr242 Cr222 Cr407 Cr944 Cr529 Cr1,143 CrSign in free for the trailing twelve months
Operating expenses (approx.)291 Cr267 Cr303 Cr317 Cr241 Cr231 Cr379 Cr847 Cr511 Cr1,014 CrSign in free for the trailing twelve months
EBITDA68 Cr39 Cr26 Cr-18 Cr0.87 Cr-9 Cr28 Cr97 Cr18 Cr130 CrSign in free for the trailing twelve months
OPM %18.8%12.9%8.0%-6.1%0.4%-4.0%6.9%10.2%3.3%11.3%Sign in free for the trailing twelve months
Other income38 Cr29 Cr21 Cr19 Cr17 Cr12 Cr18 Cr23 Cr29 Cr44 CrSign in free for the trailing twelve months
Interest7 Cr12 Cr15 Cr14 Cr9 Cr5 Cr3 Cr2 Cr2 Cr2 CrSign in free for the trailing twelve months
Depreciation8 Cr7 Cr8 Cr9 Cr9 Cr8 Cr8 Cr9 Cr13 Cr13 CrSign in free for the trailing twelve months
Profit before tax91 Cr49 Cr24 Cr-39 Cr0.30 Cr-15 Cr34 Cr108 Cr26 Cr159 CrSign in free for the trailing twelve months
Tax %26.7%21.6%42.5%23.2%-473.3%51.8%18.8%22.6%30.4%25.8%Sign in free for the trailing twelve months
Net profit67 Cr38 Cr14 Cr-30 Cr2 Cr-7 Cr28 Cr83 Cr18 Cr118 CrSign in free for the trailing twelve months
EPS (₹)₹7.11₹4.51₹1.87₹-2.83₹0.40₹-0.64₹2.81₹8.33₹1.86₹11.99Sign in free for the trailing twelve months
Dividend payout %————178.5%—18.4%6.0%82.7%21.3%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital20 Cr20 Cr20 Cr20 Cr20 Cr20 Cr20 Cr20 Cr20 Cr20 Cr
Reserves702 Cr745 Cr761 Cr729 Cr730 Cr716 Cr739 Cr750 Cr744 Cr839 Cr
Borrowings84 Cr124 Cr146 Cr104 Cr51 Cr162 Cr182 Cr148 Cr262 Cr305 Cr
Other liabilities414 Cr342 Cr266 Cr319 Cr537 Cr966 Cr1,258 Cr1,488 Cr2,462 Cr3,119 Cr
Total liabilities1,220 Cr1,232 Cr1,194 Cr1,172 Cr1,339 Cr1,864 Cr2,200 Cr2,406 Cr3,488 Cr4,284 Cr
Fixed assets (net)58 Cr53 Cr61 Cr54 Cr42 Cr40 Cr46 Cr70 Cr80 Cr84 Cr
CWIP0.12 Cr——0 Cr0 Cr0 Cr3 Cr0.13 Cr—0 Cr
Investments174 Cr159 Cr187 Cr128 Cr148 Cr178 Cr126 Cr136 Cr236 Cr312 Cr
Loans & advances——0 Cr0 Cr0 Cr0 Cr0 Cr9 Cr18 Cr5 Cr
Inventories670 Cr638 Cr625 Cr620 Cr741 Cr1,247 Cr1,529 Cr1,526 Cr2,285 Cr2,701 Cr
Trade receivables24 Cr25 Cr23 Cr32 Cr27 Cr25 Cr33 Cr44 Cr40 Cr43 Cr
Cash & bank41 Cr32 Cr64 Cr93 Cr101 Cr78 Cr115 Cr114 Cr171 Cr325 Cr
Other assets253 Cr325 Cr234 Cr246 Cr280 Cr296 Cr348 Cr506 Cr659 Cr813 Cr
Total assets1,220 Cr1,232 Cr1,194 Cr1,172 Cr1,339 Cr1,864 Cr2,200 Cr2,406 Cr3,488 Cr4,284 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity-39 Cr-54 Cr-10 Cr28 Cr121 Cr-62 Cr12 Cr212 Cr234 Cr342 Cr
Cash from investing-24 Cr11 Cr31 Cr64 Cr12 Cr-47 Cr32 Cr-10 Cr-123 Cr-52 Cr
Cash from financing15 Cr32 Cr2 Cr-63 Cr-73 Cr83 Cr-14 Cr-128 Cr52 Cr-58 Cr
Net cash flow-48 Cr-11 Cr22 Cr29 Cr61 Cr-27 Cr29 Cr75 Cr163 Cr232 Cr
Free cash flow (OCF − Capex)-43 Cr-73 Cr-19 Cr22 Cr112 Cr-67 Cr-5 Cr181 Cr194 Cr314 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %12.2%6.8%4.2%-3.0%1.2%-1.1%4.0%12.0%2.8%13.8%
ROE %9.3%5.0%1.8%-4.0%0.2%-1.0%3.7%10.8%2.4%13.7%
Debtor days24302539414130172714
Inventory days68075820231599162115001313108113191248
Days payable15214560573332384338
Cash conversion cycle68976720031578160615081311106113041224
OCF / EBITDA %-58.2%-137.6%-39.1%—n.m.—41.5%219.8%1333.6%264.2%
OCF / EBITDA % (3 years)——-77.9%-76.2%n.m.—n.m.140.1%322.0%323.5%
Debt / equity0.120.160.190.140.070.220.240.190.340.36
Current ratio2.862.924.513.582.461.861.691.571.371.33
Net debt / EBITDA0.642.323.10—-57.89—2.380.355.19-0.16