Ashiana Housing Limited has informed the Exchange about Transcript
ASHIANA · price
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Ashiana Housing reported a strong Q1 FY26 with area bookings of INR 430.97 crores, up 83% year-on-year, and total revenue of INR 302.72 crores versus INR 128.51 crores in Q1 FY25. The company swung to a profit of INR 12.72 crores from a loss of INR 5.45 crores a year ago, supported by INR 108.1 crores in pre-tax operating cash flow. New launches included Ashiana Tarang Phase 6 in Bhiwadi and Ashiana Aravali in Jaipur, with handovers started at Anmol Phase 2 (Gurugram) and Shubham Phase IV B (Chennai). Management reiterated its FY26-FY30 cumulative revenue target of INR 10,000-12,000 crores with around INR 2,000 crores in cumulative profit, implying an 18% margin, and confirmed that low-margin projects (Anmol Phase 3 and Malhar) are nearly phased out, paving the way for margin expansion from FY27 onwards. Senior living remains a key growth pillar, with a medium-term target of INR 1,000+ crores in annual presales and ongoing land tie-ups in Panvel, Bengaluru, Chennai, and NCR, with Hyderabad under early exploration. No equity or debt raise is planned, with INR 125 crores still undrawn from an IFC project-level facility.
The sharp jump in bookings, return to profitability, and improving margin trajectory should be viewed positively by shareholders. Visibility on multi-year revenue and margin targets, along with no near-term capital raise, reduces dilution risk, though Advik Phase 1 handover slipping from Q2 to Q3 FY26 is a minor execution watchpoint.