Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended 31st March 2026
Nature of Filing / Announcement: Outcome of Board Meeting and Audited Financial Results
Audit Opinion:
Unmodified opinion (clean) from Statutory Auditors B. CHHAWCHHARIA & CO. for both standalone and consolidated financial results.
Key Financial Highlights [INR in Lakhs]:
Standalone Results:
Quarter ended 31.03.2026 (Audited) vs 31.03.2025 (Audited):
- Revenue from Operations: 30,038 vs 20,149 (49.1% increase YoY)
- Total Income: 31,259 vs 21,186 (47.5% increase YoY)
- Net Profit: 2,173 vs 1,974 (10.1% increase YoY)
- EPS (Basic & Diluted): 2.24 vs 1.99
Financial Year ended 31.03.2026 (Audited) vs 31.03.2025 (Audited):
- Revenue from Operations: 1,06,242 vs 45,910 (131.4% increase YoY)
- Total Income: 1,10,958 vs 48,206 (130.2% increase YoY)
- Net Profit: 12,362 vs 1,843 (570.9% increase YoY)
- EPS (Basic & Diluted): 12.50 vs 1.87
- Other Equity: 84,499 vs 74,447
- Cash and Cash Equivalents: 57,804 vs 36,203
Consolidated Results:
Quarter ended 31.03.2026 (Audited):
- Revenue from Operations: 22,285
- Total Income: 33,518
- Net Profit: 2,008
- EPS (Basic & Diluted): 2.20
Financial Year ended 31.03.2026 (Audited) vs 31.03.2025 (Audited):
- Revenue from Operations: 1,14,328 vs 52,880 (116.2% increase YoY)
- Total Income: 1,18,743 vs 55,745 (113.1% increase YoY)
- Net Profit: 11,789 vs 1,824 (546.3% increase YoY)
- EPS (Basic & Diluted): 11.99 vs 1.88
- Other Equity: 83,936 vs 74,382
Key Ratios (Standalone FY26 vs FY25):
- Operating Margin: 21.86% vs 18.18%
- Net Profit Margin: 11.14% vs 3.82%
- Debt-Equity Ratio: 0.35 vs 0.34
- Current Ratio: 1.33 vs 1.37
- Interest Service Coverage Ratio: 3.13 vs 1.48
- Security Cover Available: 3.92 vs 4.01
Segment-wise Performance:
The company has only one reportable segment: "development of real estate property."
Corporate Actions:
- Recommended a final dividend of INR 1.50 per equity share (75% on face value of INR 2 per share) for FY26, subject to shareholder approval at the ensuing AGM.
- Approved issue of secured non-convertible debentures/bonds on private placement basis up to INR 200 Crores.
- Approved issue of unsecured non-convertible debentures/bonds on private placement basis up to INR 100 Crores.
Other Significant Information:
- 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 include: Kairav Developers Limited, Ashiana Greenwood Developers, Vista Housing, Megha Colonizers, Ashiana Manglam Builders.
- Revenue recognition follows Ind AS 115 principles, recognized upon satisfaction of performance obligation.
- The company assessed the impact of consolidated Labour Codes effective from November 21, 2025, and concluded no material impact on financial statements as of March 31, 2026.