Ashiana Housing Limited

BSE: ASHIANA523716ISIN INE365D01021

Consumer Discretionary
Residential, Commercial Projects
BSE 1000

Share price

₹369.30+11.50 (+3.21%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹448.00
52W low: ₹269.95
Off 52W high: -17.57%
1M return: -3.55%
3M return: -4.10%
6M return: +7.53%
1Y return: +31.85%
20D avg volume: 1,947
50 DMA: ₹365.17
200 DMA: ₹349.33

Key ratios Consolidated

Market cap: ₹3,712 Cr
Current price: ₹369.30
52W high / low: ₹448.00 / ₹269.95
Face value: ₹2.00
P/E: 26.19
P/B: 4.08
EPS (TTM): ₹14.10
Book value / share: ₹90.46
ROE: —
ROCE: 13.30%
Operating margin: —
Net margin: —
Debt / equity: 0.36
Net debt: ₹-20.24 Cr
Interest cover: 96.18
Dividend yield: 0.68%
Dividend / share (TTM): ₹2.50
Payout: 17.73%
Cash conversion cycle: 850.1 days

Financials

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	575.68	107.44	322.81	361.86	165.57	292.76	217.91	133.17	54.54	123.09	289.67	184.47
	12.64	12.31	12.37	11.49	10.60	9.96	11.56	6.76	4.99	5.42	7.29	4.77
	588.32	119.75	335.18	373.35	176.17	302.72	229.47	139.93	59.53	128.51	296.96	189.24
	519.36	103.44	306.48	297.30	140.02	284.67	203.19	119.97	70.02	133.07	272.17	154.65
	245.51	179.46	227.43	197.50	204.35	158.57	205.11	148.14	139.90	137.27	176.41	113.37
	57.52	235.43	116.01	86.65	197.92	54.28	80.58	74.55	269.97	60.59	53.01	40.72
	30.06	20.18	23.72	23.38	22.83	20.81	20.13	17.47	17.12	18.34	18.10	15.47
	0.29	0.27	0.62	0.40	0.20	0.46	0.28	3.40	0.65	1.51	0.34	0.35
	3.31	3.28	3.27	3.36	3.39	3.29	3.42	0.53	3.10	2.71	2.45	2.55
	41.52	16.07	28.94	28.75	19.83	24.49	27.15	18.38	10.76	13.67	19.79	14.57
	68.96	16.31	28.70	76.05	36.15	18.05	26.28	19.96	-10.49	-4.56	24.79	34.59
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-5.00	0.00	0.00	0.00	0.00
	68.96	16.31	28.70	76.05	36.15	18.05	26.28	14.96	-10.49	-4.56	24.79	34.59
	17.93	3.20	7.73	19.39	8.62	5.32	5.94	4.07	2.94	0.88	7.41	6.80
	51.03	13.11	20.97	56.66	27.53	12.73	20.34	10.89	-7.55	-5.44	17.38	27.79
	5.09	1.36	2.20	5.66	2.82	1.31	2.06	1.11	-0.80	-0.51	1.72	2.78
Key metrics
	72.56	19.86	32.59	79.81	39.74	21.80	29.98	18.89	-6.74	-0.34	27.58	37.49
	12.60%	18.50%	10.10%	22.10%	24.00%	7.40%	13.80%	14.20%	-12.40%	-0.30%	9.50%	20.30%
	8.90%	12.20%	6.50%	15.70%	16.60%	4.30%	9.30%	8.20%	-13.80%	-4.40%	6.00%	15.10%
	5.50%	—	2.40%	—	3.00%	—	2.40%	—	—	—	—	—
	247.70%	-63.30%	48.10%	171.70%	203.60%	137.80%	-24.80%	-27.80%	—	—	—	—
	85.40%	3.00%	3.10%	420.30%	464.60%	334.00%	17.00%	-60.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,368	1,143	528.72	943.80	407.37	221.74
	48.81	44.42	28.73	22.72	17.82	11.85
	1,417	1,187	557.45	966.52	425.19	233.59
	1,227	1,028	526.25	858.75	390.87	243.97
	849.90	787.84	630.41	515.13	423.84	302.57
	495.61	454.85	485.69	187.10	135.86	335.94
	97.34	90.73	73.05	63.70	51.76	41.37
	1.58	1.67	2.41	2.05	3.04	4.88
	13.22	13.31	12.63	9.48	8.41	8.38
	115.28	102.06	69.98	64.78	47.32	42.60
	190.02	158.95	31.20	107.77	34.32	-10.38
	0.00	0.00	-5.00	0.00	0.00	-4.26
	190.02	158.95	26.20	107.77	34.32	-14.64
	48.25	41.06	7.96	24.37	6.45	7.59
	141.77	117.89	18.24	83.40	27.87	-7.06
	14.31	11.99	1.86	8.33	2.81	-0.64
Key metrics
	204.82	173.93	41.24	119.30	45.77	-1.38
	14.97%	15.20%	7.80%	12.60%	11.20%	-0.60%
	10.36%	10.30%	3.40%	8.80%	6.80%	-3.20%
	—	13.30%	2.60%	—	—	—
	68.99%	116.20%	-44.00%	131.70%	83.70%	—
	98.31%	546.30%	-78.10%	199.20%	494.80%	—
	—	314.03	193.87	—	—	—
	—	2.90	12.80	—	—	—
	—	0.36	0.34	—	—	—
	—	-20.24	90.82	—	—	—
	—	850.1	1,553.8	—	—	—
Balance sheet
	—	4,284	3,488	—	—	—
	—	4,078	3,293	—	—	—
	—	325.48	170.74	—	—	—
	—	42.71	39.92	—	—	—
	—	2,701	2,285	—	—	—
	—	384.15	328.46	—	—	—
	—	83.91	80.15	—	—	—
	—	81.86	73.77	—	—	—
	—	3,072	2,402	—	—	—
	—	305.24	261.56	—	—	—
	—	41.58	16.51	—	—	—
	—	263.66	245.05	—	—	—
	—	859.46	763.92	—	—	—
Cash flow
	—	342.18	233.52	—	—	—
	—	-52.32	-123.16	—	—	—
	—	-58.18	52.25	—	—	—
	—	28.15	39.65	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	550.67	83.63	300.48	342.12	146.23	273.69	200.11	113.96	38.30	104.32	276.61	166.08
	11.89	11.06	12.11	11.07	14.72	9.15	11.55	5.82	3.77	4.24	7.04	3.90
	562.56	94.69	312.59	353.19	160.95	282.84	211.66	119.78	42.07	108.56	283.65	169.98
	493.38	78.29	282.93	276.58	119.85	265.10	184.98	99.64	50.93	112.99	259.14	137.85
	228.04	162.88	212.78	184.86	191.76	145.67	193.03	136.54	127.47	124.17	167.07	101.34
	57.52	235.43	116.01	86.65	197.92	54.28	80.58	74.55	269.97	60.59	53.01	40.72
	22.85	13.26	17.03	17.25	16.50	14.86	14.30	11.44	11.33	12.91	13.70	11.68
	0.29	0.27	0.62	0.40	0.20	0.46	-0.28	3.35	0.65	1.51	2.41	0.35
	3.09	3.08	3.17	3.24	3.31	3.20	3.36	0.53	3.06	2.66	0.34	2.50
	40.44	14.62	26.83	26.92	18.66	23.86	26.91	15.73	9.93	12.17	20.54	13.64
	69.18	16.40	29.66	76.61	41.10	17.74	26.68	20.14	-8.86	-4.43	24.51	32.13
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-5.00	—	—	—	—
	69.18	16.40	29.66	76.61	41.10	17.74	26.68	15.14	-8.86	-4.43	24.51	32.13
	17.99	3.31	7.93	19.70	8.89	4.97	6.93	4.10	1.85	0.91	7.17	6.43
	51.19	13.09	21.73	56.91	32.21	12.77	19.75	11.04	-7.01	-5.34	17.34	25.70
	5.10	1.34	2.24	5.68	3.27	1.30	2.02	1.12	-0.75	-0.51	1.73	2.56
Key metrics
	72.56	19.75	33.45	80.25	44.61	21.40	29.76	19.02	-5.15	-0.26	27.26	34.98
	13.20%	23.60%	11.10%	23.50%	30.50%	7.80%	14.90%	16.70%	-13.40%	-0.20%	9.90%	21.10%
	9.30%	15.70%	7.20%	16.60%	22.00%	4.70%	9.90%	9.70%	-18.30%	-5.10%	6.30%	15.50%
	5.80%	—	2.60%	—	3.60%	—	2.60%	—	—	—	—	—
	276.60%	-69.40%	50.20%	200.20%	281.80%	162.40%	-27.70%	-31.40%	—	—	—	—
	58.90%	2.50%	10.00%	415.50%	559.50%	339.10%	13.90%	-57.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	1,277	1,063	456.68	878.13	350.52	172.00
	46.13	47.06	25.38	19.48	14.48	9.93
	1,323	1,110	482.06	897.61	365.00	181.93
	1,131	944.48	448.54	793.56	332.64	189.96
	788.56	734.40	581.20	469.70	384.15	266.21
	495.61	454.85	485.69	187.10	135.86	335.94
	70.39	65.64	49.99	47.68	38.05	28.54
	1.58	1.67	2.41	2.01	2.96	4.67
	12.58	12.93	12.42	9.09	7.68	7.67
	108.81	96.97	64.75	61.47	43.30	38.00
	191.85	165.10	33.52	104.05	32.36	-8.03
	0.00	0.00	-5.00	—	—	-4.08
	191.85	165.10	28.52	104.05	32.36	-12.11
	48.93	41.49	10.09	23.86	5.30	6.18
	142.92	123.61	18.43	80.19	27.06	-5.93
	14.36	12.50	1.85	7.99	2.72	-0.64
Key metrics
	206.01	179.70	43.35	115.15	43.00	0.23
	16.13%	16.90%	9.50%	13.10%	12.30%	0.10%
	11.19%	11.60%	4.00%	9.10%	7.70%	-3.40%
	—	14.40%	3.00%	—	—	—
	73.97%	132.70%	-48.00%	150.50%	103.80%	—
	88.62%	570.70%	-77.00%	196.30%	556.30%	—
	—	307.54	208.91	—	—	—
	—	2.65	13.40	—	—	—
	—	0.35	0.34	—	—	—
	—	26.80	122.18	—	—	—
	—	910.1	1,788.6	—	—	—
Balance sheet
	—	4,175	3,391	—	—	—
	—	4,008	3,239	—	—	—
	—	278.44	139.38	—	—	—
	—	24.54	22.41	—	—	—
	—	2,701	2,284	—	—	—
	—	381.57	326.20	—	—	—
	—	73.87	78.21	—	—	—
	—	75.84	68.70	—	—	—
	—	3,020	2,358	—	—	—
	—	305.24	261.56	—	—	—
	—	41.58	16.51	—	—	—
	—	263.66	245.05	—	—	—
	—	865.10	764.57	—	—	—
Cash flow
	—	327.27	246.95	—	—	—
	—	-53.07	-119.33	—	—	—
	—	-58.19	52.25	—	—	—
	—	19.73	38.04	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +44.72%
Sales CAGR 5Y: —
Profit CAGR 3Y: +65.92%
Profit CAGR 5Y: —
Sales YoY (TTM): +73.97%
Profit YoY (TTM): +88.62%

Consolidated

Sales CAGR 3Y: +41.04%
Sales CAGR 5Y: —
Profit CAGR 3Y: +61.73%
Profit CAGR 5Y: —
Sales YoY (TTM): +68.99%
Profit YoY (TTM): +98.31%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 61.11%

Quarter	September 2026	June 2026
Promoter %	61.11%	61.11%

Holder	Type	Holding	Previous	Change
Ankur Gupta	Promoter	19.80%	19.80%	0.00%
Varun Gupta	Promoter	19.80%	19.80%	0.00%
Vishal Gupta	Promoter	13.75%	13.75%	0.00%
SBI MULTI ASSET ALLOCATION FUND	Public	7.98%	7.98%	0.00%
INDIA CAPITAL FUND LIMITED	Public	7.12%	7.12%	0.00%
Rachna Gupta	Promoter Group	6.06%	6.06%	0.00%
INVESTOR EDUCATION AND PROTECTION FUND AUTHORITY MINISTRY OF CORPORATE AFFAIRS	Public	3.45%	3.47%	-0.02%
OPG Realtors Limited	Promoter Group	1.70%	1.70%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
DLF LIMITED	1,78,037	719.25	38.98	6.40%	-29.29% TTM	+6.62% TTM	-7.08%
Lodha Developers Limited	1,11,937	1,120.00	25.72	18.00%	+20.85% TTM	+30.60% TTM	-8.38%
The Phoenix Mills Ltd.	74,091	2,071.45	44.28	11.80%	+12.86% TTM	+19.04% TTM	+17.13%
Prestige Estates Projects Limited	67,971	1,578.05	53.72	13.00%	+67.46% TTM	+103.62% TTM	-9.58%
OBEROI REALTY LIMITED	61,938	1,703.45	23.54	16.70%	+16.64% TTM	+17.82% TTM	-4.40%
Godrej Properties Limited	52,394	1,739.35	39.27	12.00%	+49.99% TTM	-13.26% TTM	-24.13%
Brigade Enterprises Limited	17,657	541.20	21.22	9.90%	-4.37% TTM	+2.36% TTM	-29.23%
Anant Raj Limited	16,572	460.50	27.68	10.40%	+12.31% TTM	+21.36% TTM	-28.62%
Horizon Industrial Parks Limited	12,843	44.55	—	—	—	—	—
Sobha Limited	12,687	1,186.45	66.41	7.60%	+9.57% TTM	+28.50% TTM	-26.67%
ADITYA BIRLA REAL ESTATE LIMITED	11,861	1,061.90	16.98	-4.80%	-26.16% TTM	+413.97% TTM	-42.89%
Sri Lotus Developers and Realty Limited	11,331	231.85	37.10	16.70%	—	—	+30.55%
SIGNATUREGLOBAL (INDIA) LIMITED	9,954	707.50	9.54	36.30%	-22.98% TTM	+709.93% TTM	-34.25%
Max Estates Limited	8,424	515.00	695.54	1.20%	+16.57% TTM	-69.99% TTM	+7.89%
EMBASSY DEVELOPMENTS LIMITED	7,222	51.93	-6.80	-2.20%	-54.57% TTM	-514.70% TTM	-43.97%
Mahindra Lifespace Developers Ltd.	6,723	315.00	22.34	-0.90%	+839.32% TTM	+85.98% TTM	-22.90%
GANESH HOUSING LIMITED	5,278	632.95	23.57	17.80%	-29.50% TTM	-57.50% TTM	-24.55%
Kalpataru Limited	4,947	240.25	182.43	2.40%	—	—	-36.32%
Puravankara Limited	4,775	201.35	17.22	35.70%	+119.51% TTM	+194.89% TTM	-24.56%
VALOR ESTATE LIMITED	4,664	85.98	389.58	4.40%	-54.40% TTM	+113.15% TTM	-41.85%
Keystone Realtors Limited	4,546	359.90	34.71	5.30%	—	—	-35.90%
MAN INFRACONSTRUCTION LIMITED	4,331	107.30	19.63	11.80%	-9.75% TTM	-26.33% TTM	-25.90%
Sunteck Realty Ltd	4,306	293.25	19.69	6.70%	+47.87% TTM	+24.77% TTM	-36.07%
Kolte-Patil Developers Ltd	4,167	469.90	29.28	-0.80%	+37.11% TTM	+120.28% TTM	+8.63%
KESAR INDIA LIMITED	3,920	1,205.00	—	16.60%	—	—	+41.76%
Ashiana Housing Limited	3,712	369.30	26.19	13.30%	+68.99% TTM	+98.31% TTM	+31.85%

Some figures use IPO-document inputs. Growth periods are shown per value; FY means annual.

Filings & corporate actions

Recent announcements

Submission of financial results as part of Outcome of Board Meeting held on 04th November 20264 Nov 2026 · Result / Financial Results
Submission of Outcome of Board Meeting held on 04th November 20264 Nov 2026 · Board Meeting / Outcome of Board Meeting
Intimation for change in management - resignation of 3 members of Senior Management Team, as per the details mentioned in the pdf attached2 Nov 2026 · Company Update / Change in Management
Intimation for the Performance of the Company for the month ended 31st October, 20262 Nov 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 about acquisition of Land in Gurugram (Haryana)29 Oct 2026 · Company Update / General
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 about acquisition of land in Gurugram (Haryana)29 Oct 2026 · Company Update / General
Intimation of upward revision from Care A; Stable to CARE A+; Stable in Issuer Rating and NCDs Rating by Care Edge.27 Oct 2026 · Company Update / Credit Rating
Intimation of conference call to be held on 05th November 2026 at 04:00 P.M. where the top management of the company will discuss and answer questions from participants on the performance ....21 Oct 2026 · Company Update / Analyst / Investor Meet
Ashiana Housing Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 04/11/2026 ,inter alia, to consider and approve unaudited (Standalone and ....21 Oct 2026 · Board Meeting / Board Meeting
Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 20187 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for performance of the company for the month ended 30th September 20261 Oct 2026 · Company Update / General
Intimation of Trading under Regulation 7(2) of SEBI (PIT) Regulations, 2015 as amended from time to time1 Oct 2026 · Company Update / General
Submission of Scrutinisers Report for AGM 2026 in the Annual General Meeting held on 29th September 202630 Sep 2026 · AGM/EGM / AGM
Intimation for appointment of Anjali Yadav & Associates as the Secretarial Auditor of the company, for a term of 5 financial years, in compliance with Regulation 24A of the SEBI (LODR), ....29 Sep 2026 · Company Update / Change in Management
Intimation regarding re-appointment of Mr. Krishna Suraj Moraje (DIN: 08594844) as Independent Director of the company for a term of five (5) years, duly approved by the shareholders in ....29 Sep 2026 · Company Update / Change in Management
Submission of proceedings of 40th Annual General Meeting of the company held on Tuesday, 29th September 2026 from 11:30 AM till 12:10 PM, as per the details mentioned in the pdf attached.29 Sep 2026 · Company Update / Meeting Updates
Submission of Business Responsibility and Sustainability Report for FY 2025-26 in pdf mode. Please note that the BRSR was submitted to the exchange as part of the Annual Report for FY 2025-26 ....25 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Intimation for closure of trading window from 01st October 2026 in terms of SEBI (Prohibition of Insider Trading) Regulations, 2015 (as amended from time to time). The trading window will ....24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation of trading under Regulation 7(2) of SEBI (PIT) Regulations, 201517 Sep 2026 · Company Update / General
Intimation regarding Newspaper Advertisement for the notice of 40th Annual General Meeting to be held on 29th September 20269 Sep 2026 · Company Update / Newspaper Publication
Intimation for record date for payment of Final Dividend for FY 2025-267 Sep 2026 · Corp Action / Dividend Updates
Record Date intimation7 Sep 2026 · Corp. Action / Record Date
Intimation of AGM along with Notice for FY 2025-267 Sep 2026 · AGM/EGM / AGM
Submission of Annual Report with AGM Notice for FY 2025-267 Sep 2026 · Others / Reg. 34 (1) Annual Report
Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015 regarding penalty imposed by Rajasthan RERA Authority for delay in submission of OC/CC on RERA Website3 Sep 2026 · Company Update / Award of Order / Receipt of Order
Intimation of Order under Section 74 of TNGST Act 20173 Sep 2026 · Company Update / General
Intimation for performance of the company for the month ended 31st August 20261 Sep 2026 · Company Update / General
Intimation of Analyst/ Institutional Investor Meeting to be held on 25th August 2026 as per the details in the PDF attached19 Aug 2026 · Company Update / Analyst / Investor Meet
Transcript for Earnings Call held on 12th August 2026 for the quarter ended June 30, 202617 Aug 2026 · Company Update / Earnings Call Transcript
Submission of transcript of Earning Call held on 12th August 2026 for the quarter ended June 20, 202617 Aug 2026 · Company Update / Earnings Call Transcript
Announcement under Regulation 47(4) and 52(8) of SEBI (LODR) Regulations, 2015- Newspaper Publication13 Aug 2026 · Company Update / Newspaper Publication
Submission of Audio Recording for Investor Call held on 12th August 2026 for Q1FY2712 Aug 2026 · Company Update / Analyst / Investor Meet
Submission of Investor Update/Presentation for the quarter ended 30th June 202611 Aug 2026 · Company Update / Investor Presentation
Intimation for re-appointment of Independent Director in the Board Meeting held on 11th August 2026, subject to approval of shareholders of the company in the General Meeting.11 Aug 2026 · Company Update / Change in Management
Submission of non-applicability certificate under Regulation 32 of SEBI (LODR), 201511 Aug 2026 · Company Update / Reg. 32 (1), (3) - Statement of Deviation & Variation
Financial Results for the quarter ended 30th June 202611 Aug 2026 · Result / Financial Results
Submission of outcome of Board Meeting held on 11th August 2026 to consider and approve the unaudited (standalone and consolidated) financial results for the quarter ended 30th June 2026 ....11 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation for Analyst / Institutional Investor Group Meeting to be held on 14th August 2026 as per the details in the pdf attached7 Aug 2026 · Company Update / Analyst / Investor Meet
Intimation for Earnings Call of the Investors and Analysts scheduled to be held on 12th August 2026 at 04:00 PM to discuss the performance of the company for the quarter ended 30th June 20265 Aug 2026 · Company Update / Analyst / Investor Meet
Operational Performance of the company for the month ended July 20261 Aug 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 1.5000	22 Sep 2026	22 Sep 2026	—
Interim Dividend - Rs. - 1.0000	18 Feb 2026	19 Feb 2026	—
Final Dividend - Rs. - 1.5000	18 Sep 2025	18 Sep 2025	—
Interim Dividend - Rs. - 1.0000	11 Apr 2025	11 Apr 2025	—
Final Dividend - Rs. - 1.5000	17 Sep 2024	—	—

Board meetings

4 Nov 2026 Board Meeting - Financial Results
11 Aug 2026 Board Meeting - Financial Results