Risks
4 risks
Risk Intelligence
Land acquisition delays due to pending approvals
View Risks →Ashiana Housing Limited — Q3 FY26
Ashiana Housing reported Q3 FY26 revenue of ₹373.35 crore and PAT of ₹56.65 crore, driven by strong deliveries and pre-sales of ₹397 crore for the quarter.
bullish
high
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Ashiana Housing reported Q3 FY26 revenue of ₹373.35 crore and PAT of ₹56.65 crore, driven by strong deliveries and pre-sales of ₹397 crore for the quarter. The company surpassed its FY26 pre-sales target of ₹2,000 crore early, led by the Ashiana Arohann project in Gurugram contributing ₹767 crore at launch. Management highlighted a strategic pivot toward senior living, which now commands premium pricing and offers more stable, less cyclical revenue. Key launches in Q4 and next year (Ashiana Omar in Jaipur) are expected to sustain momentum. The company targets 20%+ ROE in the next 3-4 years, supported by improving margins and disciplined execution. Risks include delays in land acquisitions (Bangalore, Pune, Jaipur) due to pending approvals and potential impact of GRAP restrictions in Delhi NCR on construction timelines.
अशियाना हाउसिंग ने तीसरी तिमाही में 373.35 करोड़ रुपये की कमाई और 56.65 करोड़ रुपये का मुनाफा कमाया। इस तिमाही में घरों की डिलीवरी और प्री-सेल्स 397 करोड़ रुपये रही। कंपनी ने पूरे साल के 2,000 करोड़ रुपये के प्री-सेल्स लक्ष्य को पहले ही पार कर लिया, जिसमें गुरुग्राम के अशियाना अरोहन प्रोजेक्ट ने लॉन्च पर 767 करोड़ रुपये का योगदान दिया। कंपनी अब सीनियर लिविंग (बुजुर्गों के लिए आवास) पर ध्यान दे रही है, जिसमें ऊंची कीमतें मिलती हैं और आय स्थिर रहती है। आने वाली तिमाहियों में जयपुर में नए प्रोजेक्ट से गति बनी रहेगी। कंपनी अगले 3-4 साल में 20% से अधिक रिटर्न (ROE) का लक्ष्य रखती है। जोखिमों में जमीन खरीद में देरी और दिल्ली-एनसीआर में GRAP पाबंदियों से निर्माण प्रभावित होना शामिल है।
Risks4 trackedTranscriptfull text
Research workspace
Focused Modules
Transcript
Full text
Call Transcript
Full transcript text is available on this route.
Read Transcript →Quarter Snapshot
Pre-sales value (Q3 FY26)
₹397.03 crore
+31% QoQ
Sequential growth from ₹303.43 crore in Q2 FY26, driven by new launches.
Pre-sales value (9M FY26)
₹1,131.44 crore
Surpassed FY26 target of ₹2,000 crore
Achieved early due to strong booking conversions, especially Arohann.
Equivalent area constructed (Q3 FY26)
6.14 lakh sq ft
-15% QoQ
Decline from 7.25 lakh sq ft in Q2 due to GRAP restrictions in Delhi NCR.
Senior living CAGR (5-6 years)
25-30%
N/A
Senior living revenue has grown at this pace, with increasing share and pricing.
Fast read
Guidance and risk preview
Management expects next year's pre-sales to be in a similar ballpark, with main launch being Ashiana Omar in Jaipur.
Three announced acquisitions (Bangalore, Pune, Jaipur) have not closed due to conditions precedent; Jaipur has seen little progress.
View Risks →