Ashiana Housing Limited — PPTs, 31-05-2025: Investor Presentation

1. Financial Highlights:

- Q4FY25 revenue rose 64% QoQ to ₹229.48 Cr, led by higher deliveries; FY25 revenue declined to ₹557.45 Cr from ₹966.52 Cr due to delayed projects Advik and Anmol now expected next year.

- Q4FY25 PAT improved to ₹20.34 Cr vs ₹10.89 Cr last quarter; FY25 PAT down at ₹18.24 Cr from ₹83.40 Cr, affected by lower deliveries and a one-time ₹5 Cr GST payout.

- EBITDA margin improved to 12.82% QoQ but stayed subdued YoY at 8.29%. Pre-tax operating cash flow hit a record ₹429.90 Cr for FY25.

- Area booked increased QoQ to 8.48 lakh sq ft; average realization steady at ~₹6,774/sq ft vs ₹8,134/sq ft last year due to project mix.

2. Strategic Initiatives & Growth Drivers:

- Launched final Phase 5 of Ashiana Amarah in Gurugram, plus phases 2 & 3 of Nitara and new phases in Jaipur and Pune, targeting premium, senior living, and kid-centric homes.

- Acquired 7 lakh sq ft land in Panvel, Maharashtra to strengthen senior living segment presence.

- Strong record pre-tax cash flow supports capex and regional expansion plans.

3. Business Developments:

- Multiple active launches across Gurugram, Jaipur, Pune, and Chennai, expanding geographic diversity.

- Ashiana Swarang project now developed via 50:50 JV with Arihant Foundations (Kairav Developers), facilitating risk sharing and focused execution.

4. Market Position & Competitive Advantage:

- Dominates senior living with eight No.1 rankings from Track2Realty.

- In-house construction and sales enhance quality control and cost efficiency, boosting delivery reliability.

- High brand recall and customer referrals sustain demand and enable premium pricing.

5. Investor Implications:

- Robust project pipeline and strong cash flow offer positive growth potential.

- Execution risk to monitor due to delayed key projects impacting near-term earnings.

- Senior living leadership and strategic land buys support long-term value; investors should track delivery progress and sales traction in core regions.