- #824 Vishal Gupta & family ₹3,700 Cr

About Ashiana Housing Limited
Data last updated:
Ashiana Housing Limited is a public limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 June 1986 and has been in existence for over 40 years.
Its director Vishal Gupta and family are #824 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L70109WB1986PLC040864. Its GSTIN is 06AADCA9093P1Z1 (Haryana). The company holds 11 GST registrations, of which 9 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 523716 and NSE: ASHIANA.
The company has an authorised share capital of ₹35 Cr and a paid-up capital of ₹20.1 Cr. It was formerly known as Ashiana Housing & Finance (India) Ltd. It is led by directors including Vishal Gupta (Managing Director) and Ankur Gupta (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 5F Everest 46/C Chowringhee Road, Kolkata, West Bengal, India – 700071.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹1,143.01 Cr, a growth of 116.2% compared to the previous year. For the same year it recorded a net profit of ₹111.98 Cr (net margin 9.8%) and EBITDA of ₹129.51 Cr (EBITDA margin 11.3%). The net worth stands at ₹859.47 Cr (up 12.5% YoY). Total assets are valued at ₹1,260.19 Cr (up 13.9% YoY).
The company has about 1,778 employees on its provident fund (EPFO) records. Its group structure includes 3 subsidiaries and 1 joint venture.
The company is associated with 1 brand: Ashiana Housing. As per MCA filings, the company has open charges of ₹523.21 Cr and satisfied charges of ₹593.68 Cr on record. Court records list 145 cases involving the company, including 92 filed by the company and 53 filed against it; 73 cases are pending. The company has 18 deals on record (13 market trades, 3 funding rounds, 1 qip), with disclosed funding of ₹435.84 Cr; the latest was in November 2020. The company has 20 MSME Form 1 returns on record between 2017 and 2024, listing 61 overdue payments to 28 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ashianahousing.com.
Company details
CIN history
Ashiana Housing has one previous CIN (Corporate Identification Number): U70109WB1986PLC040864. The current CIN is L70109WB1986PLC040864, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L70109WB1986PLC040864 | Current |
| U70109WB1986PLC040864 | Previous |
Recognitions & Rankings of Ashiana Housing
Contact details
Ashiana Housing Limited's registered office is in Kolkata, West Bengal. Its website is ashianahousing.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address5F Everest 46/C Chowringhee Road, Kolkata, West Bengal, India – 700071
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Ashiana Housing Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Ashiana Housing operates one associated brand: Ashiana Housing. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Age-friendly homes are developed for senior living communities. | ashianahousing.com |
Business activity
The main business activities of Ashiana Housing are real estate activities and accommodation and food service. In detail, this covers real estate activities and accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc.. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities | |
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. |
To see the full business activity and turnover split of Ashiana Housing Limited, buy the company report.
Financials of Ashiana Housing Limited
FY 2025-26 filings availableAshiana Housing Limited reported revenue of ₹1,143.01 Cr (up 116.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,143 | 529 | 944 | 410 | 222 | 242 | 304 |
| Revenue growth | +116.2% | -44.0% | +130.4% | +84.8% | -8.4% | -20.3% | - |
| EBITDA | 130 | 12.50 | 96.57 | 30.28 | (13.22) | 0.87 | (30.41) |
| EBITDA margin | +11.3% | +2.4% | +10.2% | +7.4% | -6.0% | +0.4% | -10.0% |
| Profit before tax | 159 | 26.19 | 108 | 34.33 | (14.63) | 0.30 | (39.39) |
| Net profit | 112 | 21.01 | 79.54 | 27.08 | (3.22) | (6.05) | (16.44) |
| Net profit margin | +9.8% | +4.0% | +8.4% | +6.6% | -1.5% | -2.5% | -5.4% |
| EPS (₹) | 11.73 | 1.81 | 8.30 | 2.72 | (0.69) | 0.17 | (2.95) |
| Balance sheet | |||||||
| Total assets | 1,260 | 1,107 | 980 | 998 | 956 | 860 | 921 |
| Net worth | 859 | 764 | 770 | 760 | 736 | 751 | 750 |
| Total debt | 323 | 276 | 148 | 184 | 174 | 67.73 | 124 |
| Cash & bank | 625 | 393 | 231 | 156 | 127 | 154 | 92.92 |
| Net working capital | 806 | 740 | 742 | 755 | 684 | 637 | 677 |
| Cash flow | |||||||
| Cash from operations | 342 | 234 | 212 | 11.59 | (61.22) | 121 | 28.40 |
| Cash from investing | (52.32) | (123) | (9.91) | 31.94 | (46.57) | 12.24 | 63.86 |
| Cash from financing | (58.18) | 52.25 | (128) | (14.38) | 81.22 | (72.61) | (63.16) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 576 | 107 | 323 | 362 | 166 | 293 | 218 | 133 |
| Revenue growth (YoY) | +247.7% | -63.3% | +48.1% | +171.7% | +203.6% | +137.8% | - | - |
| Other income | 12.64 | 12.31 | 12.37 | 11.49 | 10.60 | 9.95 | 11.56 | 6.76 |
| EBITDA | 59.92 | 7.54 | 20.22 | 68.31 | 29.14 | 11.85 | 17.87 | 12.13 |
| EBITDA margin | +10.4% | +7.0% | +6.3% | +18.9% | +17.6% | +4.0% | +8.2% | +9.1% |
| Depreciation | 3.31 | 3.28 | 3.27 | 3.36 | 3.39 | 3.29 | 3.42 | 3.40 |
| Interest | 0.29 | 0.27 | 0.62 | 0.40 | 0.20 | 0.46 | (0.28) | 0.53 |
| Profit before tax | 68.96 | 16.30 | 28.70 | 76.04 | 36.15 | 18.05 | 26.29 | 14.96 |
| Tax | 17.93 | 3.19 | 7.72 | 19.38 | 8.61 | 5.33 | 5.95 | 4.07 |
| Net profit | 51.03 | 13.11 | 20.98 | 56.66 | 27.54 | 12.72 | 20.34 | 10.89 |
| EPS (₹) | 5.09 | 1.36 | 2.20 | 5.66 | 2.82 | 1.31 | 2.06 | 1.11 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 1,063 | 457 | 878 | 353 | 172 | 202 | 262 |
| Revenue growth | +132.7% | -48.0% | +148.9% | +105.1% | -14.7% | -23.2% | - |
| EBITDA | 133 | 17.96 | 95.67 | 30.83 | (9.71) | 4.92 | (25.35) |
| EBITDA margin | +12.5% | +3.9% | +10.9% | +8.7% | -5.7% | +2.4% | -9.7% |
| Profit before tax | 165 | 28.51 | 104 | 32.35 | (12.12) | 3.08 | (36.46) |
| Net profit | 111 | 21.00 | 76.41 | 26.73 | (2.02) | (3.83) | (12.63) |
| Net profit margin | +10.5% | +4.6% | +8.7% | +7.6% | -1.2% | -1.9% | -4.8% |
| EPS (₹) | 12.30 | 1.83 | 7.98 | 2.64 | (0.58) | 0.35 | 0.00 |
| Balance sheet | |||||||
| Total assets | 1,203 | 1,054 | 930 | 957 | 922 | 827 | 896 |
| Net worth | 865 | 765 | 771 | 764 | 741 | 756 | 754 |
| Total debt | 323 | 276 | 148 | 184 | 172 | 65.36 | 136 |
| Cash & bank | 578 | 362 | 182 | 113 | 94.95 | 124 | 66.14 |
| Net working capital | 788 | 730 | 724 | 739 | 678 | 629 | 670 |
| Cash flow | |||||||
| Cash from operations | 327 | 247 | 201 | 0.91 | (86.49) | 118 | 33.94 |
| Cash from investing | (53.07) | (119) | (3.74) | 29.85 | (24.85) | 13.31 | 57.26 |
| Cash from financing | (58.18) | 52.25 | (128) | (13.01) | 82.08 | (73.02) | (60.33) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 551 | 83.63 | 300 | 342 | 146 | 274 | 200 | 114 |
| Revenue growth (YoY) | +276.6% | -69.4% | +50.2% | +200.2% | +281.8% | +162.4% | - | - |
| Other income | 11.89 | 11.06 | 12.11 | 11.07 | 14.72 | 9.15 | 11.55 | 5.82 |
| Total expenses | 490 | 74.93 | 279 | 273 | 116 | 261 | 182 | 101 |
| EBITDA | 60.66 | 8.70 | 21.34 | 69.17 | 29.88 | 12.25 | 18.20 | 13.20 |
| EBITDA margin | +11.0% | +10.4% | +7.1% | +20.2% | +20.4% | +4.5% | +9.0% | +11.5% |
| Depreciation | 3.09 | 3.08 | 3.17 | 3.24 | 3.31 | 3.20 | 3.36 | 3.35 |
| Interest | 0.29 | 0.27 | 0.62 | 0.40 | 0.20 | 0.46 | (0.28) | 0.53 |
| Profit before tax | 69.17 | 16.41 | 29.66 | 76.60 | 41.09 | 17.74 | 26.67 | 15.14 |
| Tax | 17.98 | 3.31 | 7.93 | 19.69 | 8.89 | 4.97 | 6.93 | 4.10 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 576 | 107 | 323 | 362 | 166 | 293 | 218 | 133 |
| Revenue growth (YoY) | +247.7% | -63.3% | +48.1% | +171.7% | +203.6% | +137.8% | - | - |
| Other income | 12.64 | 12.31 | 12.37 | 11.49 | 10.60 | 9.95 | 11.56 | 6.76 |
| EBITDA | 59.92 | 7.54 | 20.22 | 68.31 | 29.14 | 11.85 | 17.87 | 12.13 |
| EBITDA margin | +10.4% | +7.0% | +6.3% | +18.9% | +17.6% | +4.0% | +8.2% | +9.1% |
| Depreciation | 3.31 | 3.28 | 3.27 | 3.36 | 3.39 | 3.29 | 3.42 | 3.40 |
| Interest | 0.29 | 0.27 | 0.62 | 0.40 | 0.20 | 0.46 | (0.28) | 0.53 |
| Profit before tax | 68.96 | 16.30 | 28.70 | 76.04 | 36.15 | 18.05 | 26.29 | 14.96 |
| Tax | 17.93 | 3.19 | 7.72 | 19.38 | 8.61 | 5.33 | 5.95 | 4.07 |
| Net profit | 51.03 | 13.11 | 20.98 | 56.66 | 27.54 | 12.72 | 20.34 | 10.89 |
| EPS (₹) | 5.09 | 1.36 | 2.20 | 5.66 | 2.82 | 1.31 | 2.06 | 1.11 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,143 | 529 | 944 | 410 | 222 | 242 | 304 |
| Revenue growth | +116.2% | -44.0% | +130.4% | +84.8% | -8.4% | -20.3% | - |
| Other income | 44.42 | 28.73 | 22.72 | 15.50 | 11.85 | 17.33 | 13.73 |
| Total expenses | 1,014 | 516 | 847 | 379 | 235 | 241 | 334 |
| Employee cost | 73.85 | 64.87 | 54.16 | 45.01 | 37.08 | 32.68 | 34.33 |
| EBITDA | 130 | 12.50 | 96.57 | 30.28 | (13.22) | 0.87 | (30.41) |
| EBITDA margin | +11.3% | +2.4% | +10.2% | +7.4% | -6.0% | +0.4% | -10.0% |
| Depreciation | 13.31 | 12.63 | 9.48 | 8.41 | 8.38 | 8.89 | 9.15 |
| Interest | 1.67 | 2.41 | 2.05 | 3.04 | 4.88 | 9.01 | 13.56 |
| Profit before tax | 159 | 26.19 | 108 | 34.33 | (14.63) | 0.30 | (39.39) |
| Tax | 41.06 | 7.95 | 24.37 | 6.44 | (7.59) | (1.42) | (9.15) |
| Net profit | 112 | 21.01 | 79.54 | 27.08 | (3.22) | (6.05) | (16.44) |
| Net profit margin | +9.8% | +4.0% | +8.4% | +6.6% | -1.5% | -2.5% | -5.4% |
| EPS (₹) | 11.73 | 1.81 | 8.30 | 2.72 | (0.69) | 0.17 | (2.95) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.11 | 20.11 | 20.11 | 20.47 | 20.47 | 20.47 | 20.47 |
| Reserves & surplus | 839 | 744 | 750 | 739 | 716 | 730 | 729 |
| Shareholders' funds (net worth) | 859 | 764 | 770 | 760 | 736 | 751 | 750 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.02 |
| Secured loans | 139 | 155 | 20.34 | 58.51 | 63.66 | 46.42 | 105 |
| Unsecured loans | 185 | 122 | 128 | 125 | 110 | 21.31 | 18.47 |
| Total debt | 323 | 276 | 148 | 184 | 174 | 67.73 | 124 |
| Total liabilities | 1,260 | 1,107 | 980 | 998 | 956 | 860 | 921 |
| Assets | |||||||
| Gross block | 191 | 181 | 146 | 116 | 137 | 138 | 166 |
| Net block | 133 | 128 | 101 | 73.93 | 92.83 | 97.81 | 130 |
| Capital work in progress | 0.00 | 0.00 | 0.13 | 2.63 | 0.00 | 0.00 | 0.33 |
| Investments | 286 | 206 | 108 | 101 | 138 | 86.06 | 65.90 |
| Inventories | 2,701 | 2,285 | 1,526 | 1,529 | 1,247 | 741 | 620 |
| Sundry debtors | 42.71 | 39.92 | 40.05 | 33.03 | 24.82 | 27.12 | 31.99 |
| Cash & bank balances | 625 | 393 | 231 | 156 | 127 | 154 | 92.92 |
| Loans & advances | 461 | 403 | 367 | 239 | 193 | 195 | 184 |
| Total current assets | 3,830 | 3,121 | 2,164 | 1,957 | 1,592 | 1,116 | 929 |
| Total current liabilities | 3,024 | 2,381 | 1,422 | 1,202 | 908 | 479 | 252 |
| Net working capital | 806 | 740 | 742 | 755 | 684 | 637 | 677 |
| Total assets | 1,260 | 1,107 | 980 | 998 | 956 | 860 | 921 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 393 | 231 | 156 | 127 | 154 | 92.92 | 63.82 |
| Net cash from operating activities | 342 | 234 | 212 | 11.59 | (61.22) | 121 | 28.40 |
| Net cash from investing activities | (52.32) | (123) | (9.91) | 31.94 | (46.57) | 12.24 | 63.86 |
| Net cash from financing activities | (58.18) | 52.25 | (128) | (14.38) | 81.22 | (72.61) | (63.16) |
| Net change in cash | 232 | 163 | 74.55 | 29.15 | (26.57) | 60.76 | 29.10 |
| Closing cash | 625 | 393 | 231 | 156 | 127 | 154 | 92.92 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +116.2% | -44.0% | +130.4% | +84.8% | -8.4% | -20.3% | - |
| EBITDA growth | +936.1% | -87.1% | +218.9% | +329.1% | -1619.5% | +102.9% | - |
| PBT growth | +506.9% | -75.7% | +213.9% | +9998.0% | - | +9998.0% | - |
| Net income growth | +433.0% | -73.6% | +193.7% | +941.0% | +46.8% | +63.2% | - |
| Revenue CAGR (3Y) | +40.8% | +33.6% | +57.4% | +10.5% | -13.1% | -9.0% | -7.4% |
| EBITDA CAGR (3Y) | +62.3% | - | +380.6% | - | - | -74.8% | - |
| Profitability & leverage | |||||||
| Net income margin | +10.3% | +3.5% | +8.8% | +6.8% | -3.2% | +0.7% | -10.0% |
| Return on capital employed | +13.6% | +3.1% | +11.1% | +3.8% | -0.7% | +0.2% | -1.1% |
| Return on net worth | +14.5% | +2.7% | +10.9% | +3.7% | -0.4% | -0.8% | -2.2% |
| Debt / equity | 0.37 | 0.28 | 0.22 | 0.24 | 0.16 | 0.13 | 0.19 |
| Long-term debt / equity | 0.34 | 0.25 | 0.20 | 0.22 | 0.15 | 0.12 | 0.19 |
| Interest cover | 1.44 | -1,853.85 | 2.35 | 13.90 | -22.59 | -112.34 | -34.28 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 6.14 | 3.23 | 7.20 | 3.23 | 1.61 | 1.59 | 1.92 |
| Inventory turnover | 0.46 | 0.28 | 0.62 | 0.30 | 0.22 | 0.36 | 0.49 |
| Debtors turnover | 27.67 | 13.22 | 25.83 | 14.16 | 8.54 | 8.19 | 11.09 |
| EPS (₹) | 11.73 | 1.81 | 8.30 | 2.72 | (0.69) | 0.17 | (2.95) |
| Dividend per share (₹) | 1.50 | 1.50 | 1.50 | 0.50 | 0.90 | 0.40 | 0.30 |
| Book value per share (₹) | 85.50 | 75.99 | 76.62 | 74.22 | 71.91 | 73.36 | 73.26 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 551 | 83.63 | 300 | 342 | 146 | 274 | 200 | 114 |
| Revenue growth (YoY) | +276.6% | -69.4% | +50.2% | +200.2% | +281.8% | +162.4% | - | - |
| Other income | 11.89 | 11.06 | 12.11 | 11.07 | 14.72 | 9.15 | 11.55 | 5.82 |
| Total expenses | 490 | 74.93 | 279 | 273 | 116 | 261 | 182 | 101 |
| EBITDA | 60.66 | 8.70 | 21.34 | 69.17 | 29.88 | 12.25 | 18.20 | 13.20 |
| EBITDA margin | +11.0% | +10.4% | +7.1% | +20.2% | +20.4% | +4.5% | +9.0% | +11.5% |
| Depreciation | 3.09 | 3.08 | 3.17 | 3.24 | 3.31 | 3.20 | 3.36 | 3.35 |
| Interest | 0.29 | 0.27 | 0.62 | 0.40 | 0.20 | 0.46 | (0.28) | 0.53 |
| Profit before tax | 69.17 | 16.41 | 29.66 | 76.60 | 41.09 | 17.74 | 26.67 | 15.14 |
| Tax | 17.98 | 3.31 | 7.93 | 19.69 | 8.89 | 4.97 | 6.93 | 4.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 1,063 | 457 | 878 | 353 | 172 | 202 | 262 |
| Revenue growth | +132.7% | -48.0% | +148.9% | +105.1% | -14.7% | -23.2% | - |
| Other income | 47.06 | 25.38 | 19.48 | 12.16 | 9.93 | 15.58 | 11.43 |
| Total expenses | 930 | 439 | 782 | 322 | 182 | 197 | 288 |
| Employee cost | 48.75 | 41.81 | 38.14 | 31.31 | 24.25 | 20.61 | 22.63 |
| EBITDA | 133 | 17.96 | 95.67 | 30.83 | (9.71) | 4.92 | (25.35) |
| EBITDA margin | +12.5% | +3.9% | +10.9% | +8.7% | -5.7% | +2.4% | -9.7% |
| Depreciation | 12.93 | 12.42 | 9.09 | 7.68 | 7.67 | 8.52 | 9.05 |
| Interest | 1.67 | 2.41 | 2.01 | 2.96 | 4.67 | 8.90 | 13.49 |
| Profit before tax | 165 | 28.51 | 104 | 32.35 | (12.12) | 3.08 | (36.46) |
| Tax | 41.49 | 10.09 | 23.86 | 5.30 | (6.18) | (0.55) | (8.27) |
| Net profit | 111 | 21.00 | 76.41 | 26.73 | (2.02) | (3.83) | (12.63) |
| Net profit margin | +10.5% | +4.6% | +8.7% | +7.6% | -1.2% | -1.9% | -4.8% |
| EPS (₹) | 12.30 | 1.83 | 7.98 | 2.64 | (0.58) | 0.35 | 0.00 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 20.11 | 20.11 | 20.11 | 20.47 | 20.47 | 20.47 | 20.47 |
| Reserves & surplus | 845 | 744 | 751 | 743 | 721 | 735 | 734 |
| Shareholders' funds (net worth) | 865 | 765 | 771 | 764 | 741 | 756 | 754 |
| Secured loans | 139 | 155 | 20.34 | 58.51 | 63.96 | 45.67 | 105 |
| Unsecured loans | 185 | 122 | 128 | 125 | 108 | 19.69 | 31.24 |
| Total debt | 323 | 276 | 148 | 184 | 172 | 65.36 | 136 |
| Total liabilities | 1,203 | 1,054 | 930 | 957 | 922 | 827 | 896 |
| Assets | |||||||
| Gross block | 179 | 178 | 144 | 113 | 134 | 135 | 164 |
| Net block | 123 | 126 | 101 | 72.79 | 91.35 | 95.50 | 129 |
| Capital work in progress | 0.00 | 0.00 | 0.13 | 2.63 | 0.00 | 0.00 | 0.33 |
| Investments | 263 | 169 | 78.98 | 80.31 | 115 | 65.29 | 50.28 |
| Inventories | 2,701 | 2,284 | 1,526 | 1,529 | 1,247 | 741 | 620 |
| Sundry debtors | 24.54 | 22.41 | 24.89 | 21.33 | 11.39 | 13.08 | 17.68 |
| Cash & bank balances | 578 | 362 | 182 | 113 | 94.95 | 124 | 66.14 |
| Loans & advances | 456 | 399 | 362 | 239 | 195 | 197 | 186 |
| Total current assets | 3,760 | 3,068 | 2,095 | 1,902 | 1,548 | 1,075 | 890 |
| Total current liabilities | 2,972 | 2,337 | 1,371 | 1,163 | 870 | 446 | 219 |
| Net working capital | 788 | 730 | 724 | 739 | 678 | 629 | 670 |
| Total assets | 1,203 | 1,054 | 930 | 957 | 922 | 827 | 896 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 362 | 182 | 113 | 94.95 | 124 | 66.14 | 35.27 |
| Net cash from operating activities | 327 | 247 | 201 | 0.91 | (86.49) | 118 | 33.94 |
| Net cash from investing activities | (53.07) | (119) | (3.74) | 29.85 | (24.85) | 13.31 | 57.26 |
| Net cash from financing activities | (58.18) | 52.25 | (128) | (13.01) | 82.08 | (73.02) | (60.33) |
| Net change in cash | 216 | 180 | 69.45 | 17.76 | (29.27) | 58.08 | 30.87 |
| Closing cash | 578 | 362 | 182 | 113 | 94.95 | 124 | 66.14 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +132.7% | -48.0% | +148.9% | +105.1% | -14.7% | -23.2% | - |
| EBITDA growth | +638.5% | -81.2% | +210.3% | +417.5% | -297.4% | +119.4% | - |
| PBT growth | +479.1% | -72.6% | +221.6% | +9998.0% | - | +9998.0% | - |
| Net income growth | +430.2% | -72.5% | +185.9% | +1423.3% | +47.3% | +69.7% | - |
| Revenue CAGR (3Y) | +44.4% | +38.5% | +63.3% | +10.4% | -17.1% | -11.3% | -9.7% |
| EBITDA CAGR (3Y) | +62.6% | - | +168.9% | - | - | -55.3% | - |
| Profitability & leverage | |||||||
| Net income margin | +11.6% | +4.0% | +9.1% | +7.7% | -3.5% | +1.8% | -10.8% |
| Return on capital employed | +14.8% | +3.5% | +11.2% | +3.8% | -0.4% | +0.5% | -0.8% |
| Return on net worth | +15.2% | +2.7% | +10.5% | +3.6% | -0.3% | -0.5% | -1.6% |
| Debt / equity | 0.37 | 0.28 | 0.22 | 0.24 | 0.16 | 0.13 | 0.19 |
| Long-term debt / equity | 0.33 | 0.25 | 0.20 | 0.22 | 0.15 | 0.12 | 0.18 |
| Interest cover | 1.40 | 43.50 | 2.32 | 12.79 | -26.87 | -247.22 | -39.22 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 5.94 | 2.83 | 6.83 | 2.86 | 1.28 | 1.35 | 1.68 |
| Inventory turnover | 0.43 | 0.24 | 0.57 | 0.25 | 0.17 | 0.30 | 0.42 |
| Debtors turnover | 45.26 | 17.91 | 35.19 | 21.57 | 14.06 | 13.10 | 18.47 |
| EPS (₹) | 12.30 | 1.83 | 7.98 | 2.64 | (0.58) | 0.35 | 0.00 |
| Dividend per share (₹) | 1.50 | 1.50 | 1.50 | 0.50 | 0.90 | 0.40 | 0.30 |
| Book value per share (₹) | 86.06 | 76.06 | 76.69 | 74.63 | 72.42 | 73.86 | 73.69 |
To see the full year-wise statements and ratios of Ashiana Housing Limited, buy the company report.
Board of directors of Ashiana Housing Limited
Ashiana Housing has 8 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vishal Gupta Also directs: Opg Realtors Limited, Opmg Realtors Private Limited, Nitya Care Homes Private Limited and 5 more | Managing Director | 01 Sep 1996 | 30 Years 2 Months | Current |
| Vikas Badriprasad Choudhury | Director | 10 Feb 2026 | 0 Years 9 Months | Current |
| Suraj Krishna Moraje | Director | 08 Aug 2023 | 3 Years 3 Months | Current |
| Varun Gupta Also directs: Opg Realtors Limited, Opmg Realtors Private Limited, Nitya Care Homes Private Limited and 5 more | Whole-Time Director | 30 Jun 2008 | 18 Years 4 Months | Current |
| Ankur Gupta | Managing Director | 24 Dec 2002 | 23 Years 10 Months | Current |
| Narayan Anand Also directs: Creador Advisors India LLP | Director | 11 Feb 2019 | 7 Years 9 Months | Current |
Auditor
Ashiana Housing Limited is audited by B Chhawchharia & Co for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B Chhawchharia & Co | FY 2025 | 305123E |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 61.10%, foreign institutional investors hold 8.20%, domestic institutional investors hold 8.10% and retail and other public shareholders hold 22.60%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 61.10% | 61.10% | 61.10% | 61.10% |
| Public | 38.90% | 38.90% | 38.90% | 38.90% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 May 2026 | 101302482 | Hdfc Bank Limited | ₹47 Lakh | Open | |
| 21 Feb 2026 | 101254445 | Others | ₹65 Lakh | Open | |
| 31 Jan 2026 | 101239240 | Others | ₹1.15 Cr | Open | |
| 15 Jan 2026 | 101232917 | Others | ₹64.42 Lakh | Open | |
| 14 Nov 2025 | 101190789 | Hdfc Bank Limited | ₹52.52 Lakh | Open |
To see the full charge records of Ashiana Housing Limited, buy the company report.
Total charge records: 45 View all charges
Deals & funding
Ashiana Housing Limited has 18 deals on record (13 market trades, 3 funding rounds, 1 qip), with disclosed funding of ₹435.84 Cr; the latest was in November 2020.
Deals on record (5 of 18)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Market trade | ₹19.31 Cr | Buyer: Sbi Mutual Fund Seller: Sbi Mutual Fund |
| Jun 2018 | Market trade | ₹20.58 Cr | Seller: Goldman Sachs Public Market Fund |
| Oct 2017 | Market trade | ₹47.94 Cr | Buyer: Kotak Mahindra Asset Management Company Limited Seller: Creador Advisors India |
| Feb 2015 | QIP | ₹200 Cr | Investors: Creador Advisors India, Goldman Sachs Asset Management (India) Private Limited |
| Dec 2011 | Market trade | ₹2.14 Cr | Seller: Ageas Federal Life Insurancecompany Limited |
To see the full deal history of Ashiana Housing Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ashiana Housing Limited has 145 court cases on record: 92 filed by Ashiana Housing, 53 filed against it. 73 cases are pending and 72 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 100 | 30 | 50 |
| District courts | 40 | 21 | 22 |
| Supreme Court | 5 | 2 | 1 |
Cases on record (5 of 145)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (COMI) | Filed against the company by Shail Fortress LLP | Pending |
| High Court of Rajasthan | Appeal | Filed by the company against M/S Shail Fortress LLP | Pending |
| High Court of Rajasthan | Court case (CSTAY) | Filed by the company against M/S Shail Fortress LLP | Pending |
| High Court of Rajasthan | Court case (WMAP) | Filed by the company against Reserve Bank of India | Pending |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Apollo Lavasa Health Corporation Ltd Through Shivaji Bapurao Takale | Pending |
To see the full case history of Ashiana Housing Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Ashiana Housing Limited was last rated by Care on 22 Nov 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 22 Nov 2021 |
To see the full credit ratings and regulatory alerts of Ashiana Housing Limited, buy the company report.
MSME payment delays
Ashiana Housing Limited has 20 MSME Form 1 returns on record between 2017 and 2024, listing 61 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Spark Vidyut Private Limited | |||
| an individual supplier | |||
| Zeno Ventures Private Limited | |||
| Decora Kitchen Interiors Private Limited |
To see the full MSME payment records of Ashiana Housing Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Ashiana Housing has 3 subsidiary companies and 1 joint venture. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Nitya Care Homes Private Limited | U68200WB2024PTC274462 | |
| Latest Developers Advisory Limited | U74140WB2010PLC151246 | |
| Topwell Projects Consultants Limited | U74140WB2010PLC151254 |
To see the full group structure of Ashiana Housing Limited, buy the company report.
Employees & EPFO
Ashiana Housing Limited has a workforce of 1,778 employees on its EPFO records as of May 2026, across 7 active EPFO establishments.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 1,778 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Ashiana Housing Limited, buy the company report.
GST
Ashiana Housing has 11 GST registrations: 9 active and 2 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AADCA9093P1Z1 | Haryana | Active | 01 Jul 2017 |
| 07AADCA9093P1ZZ | Delhi | Active | 01 Jul 2017 |
| 08AADCA9093P1ZX | Rajasthan | Active | 01 Jul 2017 |
| 20AADCA9093P1ZB | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ashiana Housing Limited, buy the company report.
Recent activity
Ashiana Housing Limited has 14 board changes on record since 1996: 8 appointments and 6 cessations. The latest: Vikas Badriprasad Choudhury was appointed as Director on 10 Feb 2026.
85 earlier events are in the company report.
News
Frequently asked questions
Ashiana Housing is an active public limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 June 1986 (40+ years old) and is registered under CIN L70109WB1986PLC040864. Listed on BSE: 523716 and NSE: ASHIANA.
Ashiana Housing reported revenue of ₹1,143.01 Cr for FY 2025-26 (up 116.2% YoY) based on consolidated financials.
Ashiana Housing has 8 current directors:
- Vishal Gupta - Managing Director
- Ankur Gupta - Managing Director
- Varun Gupta - Whole-Time Director
- Vikas Badriprasad Choudhury - Director
- Suraj Krishna Moraje - Director
- Narayan Anand - Director
- Piyul Mukherjee - Director
- Vinit Taneja - Director
The latest financial statements of Ashiana Housing on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ashiana Housing is 06AADCA9093P1Z1, registered in Haryana. The company has 11 GST registrations in all, of which 9 are active and 2 are cancelled or inactive. Other active GSTINs include 07AADCA9093P1ZZ (Delhi), 08AADCA9093P1ZX (Rajasthan), 20AADCA9093P1ZB (Jharkhand).
The CIN (Corporate Identification Number) of Ashiana Housing is L70109WB1986PLC040864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Ashiana Housing is a listed company as per MCA records. Its shares are listed on both BSE (code: 523716) and NSE (symbol: ASHIANA).
Ashiana Housing has 145 court cases on record: 92 filed by the company and 53 filed against it. 73 are pending. Most are in the high courts.
Ashiana Housing was incorporated on 25 June 1986, making it 40+ years old. It is registered with the Registrar of Companies, Kolkata.
Ashiana Housing has 18 deals on record (13 market trades, 3 funding rounds, 1 qip), with disclosed funding of ₹435.84 Cr; the latest was in November 2020.
Vikas Badriprasad Choudhury was appointed as Director on 10 Feb 2026. Vinit Taneja was appointed as Director on 13 Nov 2024. Abhishek Dalmia ceased to be Director on 30 Aug 2024. Ashiana Housing has 14 board changes on record in total.

