ASHIANAConsumer Discretionary

Ashiana Housing Limited

Residential, Commercial Projects · ISIN INE365D01021 · BSE 523716 · NSE EQ · FV ₹2
Last price
₹351
+0.89%today
What this company does

Ashiana Housing Limited operates in Residential, Commercial Projects, part of the Consumer Discretionary sector. It booked ₹107 cr of revenue in its latest quarter (Q1 FY27) and kept 12.2% of sales as profit.

Their stated vision

is to elevate the program to even greater heights.

In the report:
60out of 100
Equitytale Health Score
Mixed

Healthier than 60% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 187–421 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
40

At close. Not part of the score.

Profitability & returns48

How much profit it earns on the money it employs

Balance sheet59

How much it owes, and whether earnings cover the interest

Cash quality69

Whether reported profit actually arrives as cash

Growth & consistency89

Whether sales and profit have grown, and how steadily

Valuation14

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 61%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Sales down 63% vs last year
! Low 6.1% return on equity

What if I invest in ASHIANA?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹351 +0.89%
latest close · 2026-09-17
1-year return
+135.4%
52-wk low ₹11552-wk high ₹436
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio64.6High
LowAverageHigh
P/B ratio4.11High
Below bookModerateHigh
EV / EBITDA44.2High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity6.1%Weak
WeakFairStrong ▸15%
Return on capital5.5%Weak
WeakFairStrong
Net margin12.2%Decent
ThinDecentStrong
EBITDA margin18.5%Decent
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.36Comfortable
LowModerateHigh ▸1
Interest cover61.4×Strong
RiskyOkayStrong ▸5×
Current ratio1.33Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹3,532 cr
Book value
₹86
EPS
₹1.36
latest quarter
Net debt
₹-20 cr
more cash than debt
Enterprise value
₹3,512 cr
EBITDA
₹79 cr
annualised
EBIT
₹66 cr
annualised
Operating margin
15.4%
Return on assets
1.2%
Earnings yield
1.55%
P/S
8.22
Sales / share
₹42.8
Tax rate
19.6%
Face value
₹2
Shares
10.1 cr
Working capital
₹1,007 cr
Current assets
₹4,078 cr
Current liabilities
₹3,072 cr
Delivery %
60.4%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹43₹51, midpoint ₹47

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹107 cr
Other Income₹12 cr
Total Income₹120 cr
Cost of Materials₹179 cr
Purchases of Stock-in-Trade₹235 cr
Inventory Change (±)₹-351 cr
Employee Benefit Expense₹20 cr
Finance Costs₹27 L
Depreciation & Amortisation₹3 cr
Other Expenses₹16 cr
Total Expenses₹103 cr
Profit before Tax₹16 cr
Tax Expense₹3 cr
Net Profit₹13 cr
Net margin on total income10.9%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹64 cr53.1%
Employee benefit expense₹20 cr16.9%
Finance costs₹27 L0.2%
Depreciation & amortisation₹3 cr2.7%
Other expenses₹16 cr13.4%
Tax expense₹3 cr2.7%
Profit for the period₹13 cr10.9%
Total income ₹120 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue362 cr323 cr107 cr
Total income373 cr335 cr120 cr
Expenses297 cr306 cr103 cr
Profit before tax76 cr29 cr16 cr
Tax19 cr8 cr3 cr
Net profit (owners' share)57 cr21 cr13 cr
Net margin (owners' share, on revenue)15.7%6.5%12.2%
EPS (₹)5.662.201.36
YoY (latest quarter): total income -60.4% · net profit +3.0%
Balance sheet & cash flow · as of Mar 2026
Low debt
Total assets
₹4,284 cr
Shareholder equity
₹859 cr
parent shareholders
Total debt
₹305 cr
Cash
₹325 cr
Cash flow · H1 FY26
Operating
₹102 cr
Investing
₹-81 cr
Financing
₹28 cr
Peer comparison
Residential, Commercial Projects · by market value
CompanyPriceMarket capP/E
DLF Limited₹640₹1.58 L cr49.8
Lodha Developers Limited₹1,103₹1.10 L cr20.1
The Phoenix Mills Limited₹1,872₹66,957 cr56.4
Oberoi Realty Limited₹1,741₹63,292 cr29.1
Prestige Estates Projects Limited₹1,440₹62,025 cr65.7
Godrej Properties Limited₹1,678₹50,551 cr36.1
Anant Raj Limited₹597₹21,482 cr35.9
Brigade Enterprises Limited₹621₹20,251 cr25.3
Horizon Industrial Parks Limited₹52₹12,779 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
0.28%
trailing 12 months
Dividend / share (TTM)
₹1
Last dividend
₹1
ex 18 Feb 2026
ActionDetailEx-date
Dividend₹1 / share18 Feb 2026
Dividend₹1.5 / share18 Sep 2025
Dividend₹1 / share11 Apr 2025
Dividend₹1.5 / share17 Sep 2024
Dividend₹0.5 / share21 Sep 2023
BuybackBuy Back of Shares28 Jul 2023
Who owns it · 2026-06-30
No pledge
Promoter
61.1%
FII / Foreign
8.2%
DII / Domestic
8.1%
Retail / others
22.6%
Smart-money activity
Insider trades
BoughtDeepak Dhyani · Designated Person5,826 · ₹20.0 L15 Sep 26
BoughtDeepak Dhyani · Designated Person5,826 · ₹20.0 L15 Sep 26
BoughtSunil Vidyadhar Damle · -4,050 · ₹14.1 L26 Jun 25
Bulk / block deals
short · NSE55527 Sep 24
BoughtSBI MUTUAL FUND · NSE23.30 L @ ₹82.917 Nov 20
SoldSBI MUTUAL FUND · NSE23.30 L @ ₹82.917 Nov 20
Stake changes
BoughtSBI Mutual Fund under its various schemes→ 7.37% · 7.63 L11 Jul 24
BoughtSBI Mutual Fund under its Various Schemes→ 5.17% · 2.35 L16 Aug 23
BoughtSBI Mutual Fund under its Various Schemes→ 5.17% · 2.35 L16 Aug 23
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 25 Sep 2025
See the official result
1
To consider and adopt the audited standalone and consolidated financial statements as at 31st March 2025, and Report of the Board of Directors’ and Auditors’ thereon
Backed by 100% of shareholders other than promotersneeded 50%
86.98 L votes for, 3,406 against · 0% of mutual funds and other big investors said no
2
To declare dividend of INR 1.50 per equity share (i.e. @75%)
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
86.98 L votes for, 3,406 against · 0% of mutual funds and other big investors said no
3
To confirm the payment of interim dividend of INR 1 per equity share (i.e. @50%)
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 50%
86.98 L votes for, 3,406 against · 0% of mutual funds and other big investors said no
4
To appoint a director in place of Mr. Varun Gupta (DIN: 01666653), who retires by rotation and being eligible for re-appointment, offers to be re-appointed
Promoters had a personal stake in this
Backed by 96% of shareholders other than promotersneeded 50%
83.58 L votes for, 3.44 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 5 named members
owning 61.1% between them · as of 2026-06-30
Ankur Gupta19.80%
Varun Gupta19.80%
Vishal Gupta13.75%
Rachna Gupta6.06%
OPG REALTORS LIMITED1.70%
Business done with them
FY2025 · 4 of the group
The company paid ₹8 cr to companies in the promoter group last year — about 1.5% of its ₹529 cr revenue.
VISHAL GUPTA
Other payments to them · REMUNERATION
also owns 13.75% of the company
₹3 cr
company paid
VARUN GUPTA
Other payments to them · REMUNERATION
also owns 19.80% of the company
₹2 cr
company paid
ANKUR GUPTA
Other payments to them · REMUNERATION
also owns 19.80% of the company
₹2 cr
company paid
OPG REALTORS LIMITED
Other payments to them · RENT
also owns 1.70% of the company
₹27.4 L
company paid

The company also transacted with 16 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.