Ashiana Housing Approves 75% Dividend, FY26 Results

Board Meeting Details

The Board of Directors meeting was held on 27th May 2026, commencing at 10:30 AM and concluding at 08:00 PM.

Key Decisions and Approvals

1. Financial Results Approval

The Board considered, discussed, and approved:

Audited standalone financial results for quarter and year ended 31st March 2026
Audited consolidated financial results for quarter and year ended 31st March 2026
Statutory Auditors' report thereon

The audited financial results will be published in newspapers and uploaded on the company website www.ashianahousing.com as per SEBI Listing Regulations.

2. Dividend Declaration

Recommended a final dividend of 75% i.e. ₹1.50 per equity share (face value ₹2 per share) for FY ending 31st March 2026, subject to shareholder approval at the ensuing Annual General Meeting.

3. Auditor Appointments/Reappointments

Cost Auditor: Reappointed Pant S. & Associates as Cost Auditors for FY 2026-27
Internal Auditor: Reappointed Grant Thornton Bharat LLP (Chartered Accountants) as Internal Auditors for FY 2026-27
Secretarial Auditor: Accepted resignation of A.K. Verma & Co. (Company Secretaries) effective 26th May 2026 due to preoccupation in other assignments
Appointed Anjali Yadav & Associates (Company Secretaries) as Secretarial Auditors for a term of five years, subject to shareholder approval at ensuing AGM

4. Fund Raising Approval

Approved issuance of secured non-convertible debentures/bonds on private placement basis up to ₹200 Crores
Approved issuance of unsecured non-convertible debentures/bonds on private placement basis up to ₹100 Crores

Financial Results Summary (Standalone)

Income Statement (₹ in Lakhs)

| Net sales/income from operations | 30,038 | 34,258 | 20,149 | 1,06,242 | 45,910 |

| Income from Partnership Firm | 10 | (46) | (138) | 10 | (243) |

| Other income | 1,211 | 1,107 | 1,155 | 4,706 | 2,538 |

| Total income | 31,259 | 35,320 | 21,186 | 1,10,958 | 48,206 |

| Project Expenses | 21,278 | 18,486 | 19,303 | 73,440 | 58,120 |

| Purchases of land/development rights | 11,601 | 8,665 | 8,058 | 45,485 | 48,569 |

| Change in Inventories | (9,351) | (4,274) | (13,292) | (42,198) | (74,792) |

| Employee benefits expense | 1,703 | 1,725 | 1,449 | 6,564 | 5,017 |

| Depreciation and amortization | 317 | 324 | 336 | 1,293 | 1,242 |

| Finance Costs | 62 | 40 | (28) | 167 | 241 |

| Other Expenses | 2,683 | 2,693 | 2,672 | 9,697 | 6,457 |

| Total Expenses | 28,293 | 27,659 | 18,499 | 94,448 | 44,854 |

| Profit before Exceptional items and Tax | 2,966 | 7,661 | 2,687 | 16,510 | 3,352 |

| Exceptional Items | 0 | 0 | 0 | 0 | 500 |

| Profit before Tax | 2,966 | 7,661 | 2,687 | 16,510 | 2,852 |

| Tax expenses | 793 | 1,970 | 693 | 4,149 | 1,009 |

| Net profit for the Period | 2,173 | 5,691 | 1,974 | 12,362 | 1,843 |

| Other comprehensive income/(Expense) | 82 | 15 | 44 | 204 | 31 |

| Total Comprehensive Income | 2,256 | 5,708 | 2,018 | 12,565 | 1,875 |

Key Metrics (Standalone)

Paid-up equity share capital: ₹2,010 lakhs (face value ₹2 each)
Other Equity: ₹84,499 lakhs (excluding Revaluation Reserves)
EPS (Basic): ₹2.24 (Q4 FY26), ₹12.50 (FY26)
EPS (Diluted): ₹2.24 (Q4 FY26), ₹12.50 (FY26)
Security Cover available: 3.92 (Q4 FY26)
Debt-equity ratio: 0.35 (Q4 FY26)
Debt service coverage ratio: 0.78 (Q4 FY26)
Interest service coverage ratio: 3.29 (Q4 FY26)
Current ratio: 1.33 (Q4 FY26)
Operating margin (%): 13.63% (Q4 FY26), 21.86% (FY26)
Net profit margin (%): 6.95% (Q4 FY26), 11.14% (FY26)
Net Worth: ₹86,510 lakhs (31st March 2026)

Financial Results Summary (Consolidated)

Income Statement (₹ in Lakhs)

| Net sales/income from operations | 32,285 | 35,185 | 21,811 | 1,14,328 | 52,880 |

| Total Income | 33,518 | 37,338 | 22,948 | 1,18,743 | 55,745 |

| Total Expenses | 30,848 | 29,730 | 20,519 | 1,02,848 | 52,626 |

| Profit before Tax | 2,670 | 7,608 | 2,429 | 15,895 | 3,119 |

| Net profit for the Period | 2,008 | 5,865 | 2,034 | 11,789 | 1,824 |

| Total Comprehensive Income | 2,210 | 5,889 | 2,088 | 12,086 | 1,885 |

Key Metrics (Consolidated)

Paid-up equity share capital: ₹2,010 lakhs
Other Equity: ₹83,936 lakhs (excluding Revaluation Reserves)
EPS (Basic): ₹2.20 (Q4 FY26), ₹11.99 (FY26)
EPS (Diluted): ₹2.20 (Q4 FY26), ₹11.99 (FY26)
Security Cover available: 4.11 (Q4 FY26)
Debt-equity ratio: 0.36 (Q4 FY26)
Operating margin (%): 12.42% (Q4 FY26), 19.91% (FY26)
Net profit margin (%): 6.26% (Q4 FY26), 9.93% (FY26)
Net Worth: ₹85,947 lakhs (31st March 2026)

Consolidated Entities

The consolidated financial results include:

Subsidiaries:

Topwell Projects Consultants Limited
Latest Developers Advisory Limited
Nitya Care Homes Private Limited
Ashiana Maintenance Services LLP
Ashiana Amar Developers

Jointly Controlled Entities:

Kairav Developers Limited
Ashiana Greenwood Developers
Vista Housing
Megha Colonizers
Ashiana Manglam Builders

Cash Flow Statement (Standalone)

| Particulars | FY ended 31.03.2026 (₹ in Lakhs) | FY ended 31.03.2025 (₹ in Lakhs) |

| Net cash from Operating activities | 32,726 | 24,696 |

| Net cash from investing activities | (5,307) | (11,933) |

| Net cash used in Financing activities | (5,818) | 5,225 |

| Net Increase in Cash and Cash Equivalent | 21,601 | 17,988 |

| Cash and Cash Equivalents at beginning | 36,203 | 18,216 |

| Cash and Cash Equivalents at end | 57,804 | 36,203 |

Balance Sheet Position (31st March 2026)

Standalone (₹ in Lakhs)

| Particulars | 31.03.2026 | 31.03.2025 |

| Total Assets | 4,17,521 | 3,39,104 |

| Non-current assets | 15,672 | 15,343 |

| Current assets | 4,00,649 | 3,23,760 |

| Total Equity and Liabilities | 4,17,521 | 3,39,104 |

| Equity | 86,510 | 76,458 |

| Non-current liabilities | 26,970 | 26,787 |

| Current liabilities | 3,02,041 | 2,35,849 |

Consolidated (₹ in Lakhs)

| Particulars | 31.03.2026 | 31.03.2025 |

| Total Assets | 4,28,371 | 3,48,764 |

| Non-current assets | 20,532 | 19,666 |

| Current assets | 4,07,639 | 3,29,098 |

| Total Equity and Liabilities | 4,28,371 | 3,48,764 |

| Equity | 85,947 | 76,392 |

| Non-current liabilities | 35,259 | 32,173 |

| Current liabilities | 3,07,164 | 2,40,199 |

Additional Disclosures and Certifications

1. Security Cover Certificate

Submitted Security Cover Certificate for quarter ended 31st March 2026 under Regulation 54(3) of SEBI (LODR), 2015.

2. Auditor's Declaration

Statutory Auditors M/s. B. Chhawchharia & Co. submitted report with unmodified opinion on audited financial results for FY ended 31st March 2026.

3. Deviation/Variation Statements

Statement of deviation(s)/variation(s) for quarter ended 31st March 2026 under Regulation 32 of SEBI (LODR), 2015
Statement of utilization of issue proceeds/material deviation in use of proceeds under Regulation 52(7) & 52(7A) of SEBI (LODR), 2015

4. NCD Utilization Status

All previously issued NCD proceeds have been fully utilized for stated objects with no deviations:

30th May 2021: ₹97 Crores (Unsecured NCD) - Fully utilized
20th July 2022: ₹26.40 Crores (Unsecured NCD) - Fully utilized
23rd February 2024: ₹5.60 Crores (Unsecured NCD) - Fully utilized
13th May 2024: ₹125 Crores (Secured NCD) - Fully utilized
11th July 2025: ₹100 Crores (Unsecured NCD) - Fully utilized

5. Debt and Default Status

As of 31st March 2026:

Total loans outstanding: ₹13.57 Crore
Amount of default: Nil
Unlisted debt securities outstanding: Nil
Total financial indebtedness: ₹307.22 Crore (including short and long-term debt)

6. Investor Complaints

During Q4 FY26: 74 investor complaints received (including 10 pending from previous quarter), of which 82 complaints were disposed.

7. Labour Code Implementation

The Company has assessed the impact of the four Labour Codes effective from November 21, 2025, and made appropriate provisions in the financial statements.