Ashiana Housing Limited — PPTs, 03-06-2025: Investor Presentation

**Ashiana Housing Ltd. Investor Update**

**1. Financial Highlights:**

Q4FY25 revenue surged 64% QoQ to ₹229.48 Cr, driven by improved deliveries; PAT nearly doubled to ₹20.34 Cr. FY25 revenue declined to ₹557.45 Cr (from ₹966.52 Cr in FY24) amid delivery delays, with PAT down to ₹18.24 Cr due to project mix and a one-time payment impact. Sales value (area booked) grew 7.7% YoY to ₹1936.75 Cr. Operating cash flow reached a record ₹429.90 Cr for FY25. EBITDA margin stood at 8.29%, net profit margin 3.27%, while debt-to-equity increased to 0.34.

**2. Strategic Initiatives & Growth Drivers:**

Recent launches include Amarah Phase 5 in Gurugram and Nitara Phases 2 & 3 in Jaipur. The company plans a senior living project in Panvel (~7 lakh sq ft) through a land acquisition. Total future projects cover 38.02 lakh sq ft across 8 cities focusing on premium, senior living, and kid-centric homes. Emphasis on in-house construction and sales supports better execution and delivery.

**3. Business Developments:**

Ashiana Swarang was transferred via joint venture Kairav Developers with equal ownership. Land bank updated with Ashiana Aravali (Jaipur) added and Panvel land removed from upcoming projects. Current ongoing project deliveries total 39.33 lakh sq ft with ₹4515 Cr in sales value locked over the next three years.

**4. Market Position & Competitive Advantage:**

Ashiana maintains leadership in the senior living space, ranked No.1 nationally for eight years. Its integrated model—from land ownership to in-house construction and focused sales—drives quality and high referral rates. Geographic spread across 8 cities and differentiated offerings in distinct segments enhance its competitive edge.

**5. Investor Implications:**

Robust order book, record operating cash flow, and new land acquisitions underline positive growth potential. Execution risks around project timelines and sales pace are key factors to monitor. The focused strategy on premium and senior living segments with strong operational controls supports steady value creation going forward.