Ashiana Housing Limited — Investor Meet, 06-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Ashiana Housing Ltd. posted Rs. 1,936.75 Cr in area booked for FY’25, up 7.7% YoY, led by better realizations and project mix. Revenue slipped to Rs. 557.45 Cr due to delivery delays, pulling PAT down to Rs. 18.24 Cr from Rs. 83.4 Cr. Operating cash flow reached a record Rs. 429.9 Cr, backed by strong collections. Senior living sales grew ~25%, expected to exceed Rs. 450 Cr in FY’26, forming 33% of salable area. New launches target Rs. 2,000 Cr bookings for FY’26. Land costs remain high in key markets, with pending acquisitions awaiting approvals. Profitability is set to improve from FY’27 with a pipeline aiming Rs. 11,000 Cr sales and ~18-19% margins by FY’30. No pricing pressure or promoter capital infusion planned.