Ashima Limited — PPTs, 13-02-2025: Investor Presentation

**Financial Highlights:**

For the quarter, the company reported a significant decline in income to ₹3.08 Cr, down from ₹6.65 Cr year-over-year. PBDIT from continuing operations slipped to a loss of ₹2.98 Cr compared to a profit of ₹4.62 Cr. The company incurred a loss of ₹4.89 Cr from continuing operations, a stark contrast to the previous profit of ₹3.13 Cr, primarily driven by unrealized losses in its investment division. Overall, the profit for the year was a loss of ₹11.55 Cr, down from a profit of ₹3.44 Cr.

**Strategic Initiatives and Growth Drivers:**

The construction of "The Sovereign," a luxury residential project, is progressing well with all three basement slabs completed and ground floor casting on schedule.

**Business Developments:**

The investment division reported a loss of ₹2.92 Cr this quarter, compared to a profit of ₹5.62 Cr in the same period last year, impacted by adverse stock market conditions. However, its long-term performance remains robust, outperforming benchmarks over the past two years.

**Market Position and Competitive Advantage:**

Despite the quarterly challenges, the investment division has shown remarkable long-term returns, with a portfolio XIRR of 29.57% since inception, which significantly exceeds the performance of major indices.

**Investor Implications:**

Given the current challenges but strong long-term performance in investments and ongoing project development, investors should maintain awareness of potential growth opportunities in real estate and recoveries in the investment division.