Ashiana Housing Ltd
NSE: ASHIANA BSE: 523716Infra
Ashiana Housing Ltd (ASHIANA) is a Infra company listed on NSE: ASHIANA | BSE: 523716. With a market cap of ₹3,552 Cr and ROCE of 3.56%, ROE of 2.74%, it operates in the Indian Infra sector.
₹353
52W: ₹251 — ₹389
PE 29.2 · Book ₹79.1 · +346% vs bookMarket Cap₹3,552 Cr
Stock P/E29.2Price to Earnings
ROCE3.56%Return on Capital
ROE2.74%Return on Equity
Div. Yield0.71%Face Value ₹2
Strengths
- +Company is expected to give good quarter
- +Company has delivered good profit growth of 28.2% CAGR over last 5 years
- +Company has been maintaining a healthy dividend payout of 39.8%
Weaknesses
- −Stock is trading at 4.42 times its book value
- −Company has a low return on equity of 5.43% over last 3 years.
- −Earnings include an other income of Rs.46.5 Cr.
Shareholding Pattern
Promoters61.11%
FIIs8.29%
DIIs8.07%
Public22.55%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% | 61.11% |
| FIIs | 8.34% | 7.46%▼0.9 | 7.47%▲0.0 | 7.74%▲0.3 | 7.88%▲0.1 | 7.87%▼0.0 | 7.9%▲0.0 | 8.29%▲0.4 |
| DIIs | 6.99% | 7.85%▲0.9 | 7.75%▼0.1 | 7.75% | 8.06%▲0.3 | 8.06% | 8.06% | 8.07%▲0.0 |
| Public | 23.57% | 23.58%▲0.0 | 23.67%▲0.1 | 23.41%▼0.3 | 22.96%▼0.4 | 22.95%▼0.0 | 22.93%▼0.0 | 22.55%▼0.4 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 328 | 166 | 277 | 104 | 38 | 114 | 200 | 274 | 146 | 342 |
| Expenses | 294 | 135 | 256 | 109 | 47 | 96 | 182 | 261 | 116 | 273 |
| Operating Profit | 34 | 31 | 20 | -4 | -9 | 18 | 18 | 12 | 30 | 69 |
| OPM % | 10% | 19% | 7% | -4% | -23% | 16% | 9% | 4% | 20% | 20% |
| Net Profit | 26 | 26 | 17 | -5 | -7 | 11 | 20 | 13 | 32 | 57 |
| EPS ₹ | 2.63 | 2.56 | 1.73 | -0.53 | -0.7 | 1.1 | 1.96 | 1.27 | 3.2 | 5.66 |
AI Insights
Revenue Trend
TTM revenue at ₹962Cr, up 110.5% YoY. OPM at 13%.
Debt Position
Borrowings at ₹350Cr. Debt-to-equity ratio: 0.45x. Healthy balance sheet.
Capex Cycle
CWIP at ₹1Cr (1% of fixed assets). Moderate ongoing capital expenditure.
Institutional Flow
DIIs: 8.07% (+0.39pp change). FIIs: 8.29% (+0.62pp change). Promoters hold 61.11%.
Margin & Efficiency
ROCE declining from 7% (Mar 2014) to 4% (Mar 2025). Working capital days: 279.
Valuation
PE 29.2x with 3.56% ROCE. Price is 346% above book value of ₹79.1. Dividend yield: 0.71%.
Recent Announcements
- Intimation About Cancellation Of Agreement To Lease Entered Into With Mahindra World City For New Project In Jaipur (Rajasthan) 15 May - Ashiana Housing mutually terminated lease agreement for 20-acre Jaipur land parcel due to approval visibility issues.
- Intimation About Operational Performance Of The Company For The Month Ended 30Th April 2026 6 May - April 2026 area booked 0.85 lakh sq. ft., value INR 91.40 crore.
- Announcement under Regulation 30 (LODR)-Allotment 24 Apr - 4,325 NCDs allotted on 24 April 2026, raising INR 43.25 crore at 7% interest.
- Shareholder Meeting / Postal Ballot-Outcome of EGM 23 Apr
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 23 Apr - EGM scrutinizer report: special resolution passed appointing Vikas Choudhury as Independent Director with remuneration.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse