Ashiana Housing Q3 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Published 3 Aug 2026 | Realty | Market Cap: ₹3.6K Cr
Ashiana Housing Limited expects to maintain presales around INR 2,000 crores annually, with a combination of volume and value growth supporting this benchmark. Ashiana Housing aims to achieve close to 20% Return on Equity (ROE) within the next financial year (FY '27) and expects to continue improving beyond that over the next 3-4 years.
From Ashiana Housing's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.
Price
₹362
Market Cap
₹3.6K Cr
P/E Ratio
30.8
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Compare Ashiana Housing against every Realty company this quarter on revenue, margins and earnings-call signals.
Ashiana Housing — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹362 Cr, net profit ₹57 Cr.
Full financials →📊 Revenue & Sales Performance
- →Ashiana Housing Limited expects to maintain presales around INR 2,000 crores annually, with a combination of volume and value growth supporting this benchmark.
- →Focus on increasing senior living segment, which has grown 5x-6x over the last 6 years, targeting a 25%-30% CAGR; senior living brings higher realizations (INR 7,000-10,000+ per sq ft) and better margins.
- →Multiple phase launches planned, especially in senior living (e.g., Aaroham Phase 3, Ashiana Oma) to sustain sales momentum.
- →Expansion into new geographies (Bangalore, Panvel, Jaipur, Karjat) with active land acquisition discussions; Bangalore and Panvel show positive progress.
- →Anticipate steady revenue growth with a tilt towards premium products that improve average realizations.
- →Management remains committed to disciplined execution and timely project handovers, fostering long-term value and structural growth beyond cyclical fluctuations.
📈 Profitability & Margins
- →Ashiana Housing aims to achieve close to 20% Return on Equity (ROE) within the next financial year (FY '27) and expects to continue improving beyond that over the next 3-4 years.
- →The company targets PAT margins around 12%, though some lower-margin projects remain.
- →Growth is expected via a combination of volume (area sold) and premiumization (higher realizations), especially through increasing share in senior living segments, which have higher margins and are less cyclical.
- →Senior living revenue has grown 5-6x over the past 6 years and is expected to maintain a CAGR of 25-30%.
- →The firm plans disciplined execution with a strong launch pipeline, supporting steady sales around INR 2,000 crores annually.
- →Management is confident about timely project handovers, reducing slippages compared to previous years, supporting revenue and profit recognition.
- →Cash flows are healthy with strong collections and bookings, supporting sustainable earnings growth.
🏗️ Capital Expenditure Plans
- →Active discussions and strategic engagement in land acquisitions in Bangalore, Panvel, Jaipur, Bhiwadi, Jamshedpur, and near Pune (Mumbai-Pune access) aiming at expanding the project pipeline.
- →Recently acquired an 8.83-acre land parcel near Karjat for a mid-ticket senior living development, adding to the portfolio alongside Panvel and Pune projects.
- →Expecting closure of conditions precedent (CPs) for Bangalore and Panvel acquisitions within 3 to 6 months, which will be significant for future launches.
- →Planning multiple phase launches in senior living projects like Vatsalya, Advik, Amodh, Swarang, and a major launch of Ashiana Oma in Jaipur next year.
- →Subcontracting parts of construction (e.g., clubhouse building, podiums, basements) in new cities to gain bandwidth and momentum.
- →Focus on building a diversified portfolio in senior living, including multiple ticket sizes and geographies for sustainable growth.
💰 Fundraising & Capital Structure
📋 Order Book & Pipeline
- →The company has a strong order book with cumulative sale value of projects under development and delivery between FY '25 and '26 at about INR 7,200 crores.
- →Additional projects like Aaroham Phase 1 & 2 contribute over INR 1,100 crores, taking the order book to approximately INR 8,300 crores.
- →Plans to launch Ashiana Oma and multiple senior living project phases (Vatsalya, Advik, Amodh, Swarang) are expected to add around INR 2,000 crores to the future order book.
- →Total expected cumulative sales and deliveries for FY '25 to '30 are targeted around INR 11,000 crores.
- →New land acquisitions and project launches in Bangalore, Panvel, Jaipur, Bhiwadi, Jamshedpur, and around Pune are underway to sustain the pipeline.
- →Senior living segment continues to expand significantly, aiming to grow its share within the order book and overall revenue mix.
Key Metrics
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What Ashiana Housing Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Ashiana Housing Q3 FY26 results?
Ashiana Housing Limited expects to maintain presales around INR 2,000 crores annually, with a combination of volume and value growth supporting this benchmark. Ashiana Housing aims to achieve close to 20% Return on Equity (ROE) within the next financial year (FY '27) and expects to continue improving beyond that over the next 3-4 years.
What is Ashiana Housing share price analysis?
Ashiana Housing currently shows a neutral. The stock trades at a P/E of 30.8 with a market cap of ₹3,644 Cr. Investors should review the full earnings analysis for detailed insights.
Is Ashiana Housing planning capital expenditure?
Active discussions and strategic engagement in land acquisitions in Bangalore, Panvel, Jaipur, Bhiwadi, Jamshedpur, and near Pune (Mumbai-Pune access) aiming at expanding the project pipeline.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.