India · Delayed Price · Currency is INR Ashiana Housing Earnings Call Transcripts
Fiscal Year 2026
-
Q3 FY 2026 saw record pre-sales, strong revenue growth, and robust cash flow, led by premium and senior living projects. The outlook remains positive with a healthy launch pipeline, rising realizations, and a focus on margin expansion and stability.
-
Q2 FY26 featured steady sales and strong cash flow, with PAT rising to INR 27.54 crores on improved margins despite lower revenue. The company targets INR 2,000 crores in FY26 pre-sales, expects double-digit profit margins, and is prioritizing senior living projects amid high land prices.
-
Q1 FY26 delivered strong sales growth, higher revenues, and a return to profitability, supported by robust project launches and handovers. Margin profile is set to improve as low-margin projects phase out, with medium-term revenue and profit guidance reaffirmed.
Fiscal Year 2025
-
FY25 saw strong sales and cash flow but lower revenue and profit due to delivery delays. Senior living is a key growth focus, with major launches planned in FY26 to support INR 2,000 crore booking targets. Margins are set to improve from FY27.
-
Q3 FY25 saw strong year-over-year growth in bookings and revenue, with robust pre-sales and healthy cash flows. FY25 pre-sales guidance remains at ₹2,000 crores, contingent on a key project launch, while margins are expected to improve in FY26 as higher-margin projects are delivered.
-
Q2 FY25 saw a sharp rise in area booked and pre-sales, but revenue and PAT declined due to limited project deliveries. Management maintains FY25 pre-sales guidance at INR 2,000 crores, expects margin expansion from FY26, and is cautious on land acquisitions amid high prices.
-
Q1 FY25 saw flat revenue but a net loss due to lower margin deliveries and one-off costs. Senior living and premium segments are expected to drive future growth, with H2 FY25 anticipated to be profitable. Land prices and delivery timing remain key risks.