ASHIANABSEAshiana Housing Ltd-$MediumNeutral
Announced Thu, 28 May · 17:19 IST

Please find attached the Investor update for the quarter and year ended 31st March 2026. Request to ignore the previous submission made as inadvertently, incorrect file was uploaded ....

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

ASHIANA · price

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Price reaction · full curve 14 horizons · vs prior close
-6.5%1-day move
₹379.50
prior close
₹367.20
base price
After-mkt
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-4.7-7.1-7.9-5.2-6.5-5.1-6.5-6.5-7.3-4.6+1.4+1.8
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AI summary

Ashiana Housing reported its highest-ever annual performance in FY26 with booking value of Rs 2,421.13 Crores, up 25% YoY, driven by the launch of Ashiana Aaroham in Gurugram (Rs 832.50 Crores at launch). Sales and other income more than doubled to Rs 1,187.43 Crores vs Rs 557.45 Crores in FY25, as area delivered doubled to 20.42 lakh sq ft. PAT jumped 6x to Rs 117.89 Crores with ROE at 15.25%. Pre-tax operating cashflow rose 34% to Rs 576.58 Crores. Q4FY26 saw strong momentum with bookings of Rs 1,289.70 Crores and average realization surged to Rs 11,566 psft (vs Rs 6,774 psft in Q4FY25) due to premium Gurugram project. The company expanded its Senior Living portfolio acquiring 38.59 acres of land with development potential of over 26 lakh sq ft and sales potential of Rs 3,200 Crores. Revenue of Rs 5,897.31 Crores is already locked in from ongoing projects over next 3-5 years.

Likely market impact

Strong operational execution and premium project launches drove margin improvement (EBITDA margin rose to 14.85% vs 8.29% in FY25). The Gurugram project significantly boosted realization rates. Land acquisitions in Senior Living segment support multi-year growth visibility. Stock positive given robust cash flows and profitability turnaround.