Submission of Outcome of Board Meeting held on 27th May 2026 along with other documents
ASHIANA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Ashiana Housing Ltd's Board approved audited financial results for Q4 and FY ended March 2026. Standalone net profit grew to INR 12,362 Lakhs from INR 1,475 Lakhs in the prior year (738% increase), while consolidated net profit reached INR 11,789 Lakhs from INR 1,824 Lakhs (546% increase). Total standalone income increased to INR 110,942 Lakhs from INR 59,105 Lakhs (~88% growth). The Board recommended a final dividend of INR 1.50 per share (75% on face value INR 2). The company also approved issuance of secured NCDs up to INR 200 Crores and unsecured NCDs up to INR 100 Crores on private placement. Secretarial auditors were changed from A.K. Verma & Co. to Anjali Yadav & Associates. The statutory auditor issued an unmodified (clean) opinion on both standalone and consolidated financials.
The company delivered exceptional profit growth in FY2026, more than 7x the prior year on standalone basis, which should be positive for shareholders. The clean audit opinion with no qualifications indicates sound financial health. The planned NCD issuance of up to INR 300 Crores provides flexibility for future capital needs.