Ashiana Housing (523716) Q3 25/26 earnings summary

Executive summary

• Surpassed FY 2026 pre-sales target of ₹2,000 crore, with Q3 FY26 value of area booked at ₹397.03 crore, driven by strong booking conversions and new launches in Jamshedpur and Chennai.

• PAT for Q3 FY26 surged to ₹56.65 crore from ₹27.54 crore in Q2 FY26 and ₹10.89 crore in Q3 FY25, reflecting strong operational performance.

• 9MFY26 PAT reached ₹96.91 crore, a significant turnaround from a loss of ₹2.10 crore in 9MFY25, on the back of higher revenue and deliveries.

• Major project handovers in Jaipur, Pune, Jodhpur, Gurugram, Chennai, and Bhiwadi contributed to revenue and profit growth.

• Interim dividend of ₹1 per share declared for FY 2025-26, with record date set as 19th February 2026.

Financial highlights

• Q3 FY26 revenue at ₹373.35 crore, up from ₹176.18 crore in Q2 FY26 and ₹139.93 crore in Q3 FY25, due to higher deliveries.

• Profit after tax for Q3 FY26 at ₹56.65 crore, compared to ₹27.54 crore in Q2 FY26 and ₹10.89 crore in Q3 FY25.

• Pre-tax operating cash flow for Q3 FY26 at ₹179.05 crore; nine-month period at ₹409.77 crore.

• Nine-month revenue at ₹852.25 crore, up 160% YoY, and PAT at ₹96.91 crore.

• Basic and diluted EPS (Q3 FY26): ₹5.68 standalone; ₹5.66 consolidated.

Outlook and guidance

• Revenue of ₹4,768.59 crore is locked in from ongoing projects over the next 3-4 years, with an additional ₹1,226.75 crore potential from unsold inventory.

• Launch pipeline remains healthy for the next 12-15 months, with several phase launches planned and 43.11 lakh sq ft in the future project pipeline.

• Pre-sales for next year expected to be in line with FY 2026, with a focus on stability and margin improvement.

• ROE expected to reach or exceed 20% in the next financial year, driven by higher revenue and margins.

• New land acquired in Chennai for senior living, with a sales potential of ₹1,200 crore.