Q2 2026 Ashiana Housing Ltd Earnings Call Transcript
Key Points
- Ashiana Housing Ltd (BOM:523716) reported a strong cash flow generation with a pretax operating cash flow of INR122.62 crore during the quarter.
- The company achieved a significant increase in PAT for the second quarter, standing at INR27.54 crore compared to INR12.72 crore in the first quarter, driven by a favorable project mix.
- Ashiana Housing Ltd (BOM:523716) successfully launched Ashiana Swarang Phase 2 in Chennai, contributing to their steady sales performance.
- The company acquired 22.7 acres on perpetual lease at MWC Chennai for a senior living project, with a sales value potential of approximately INR1,200 crore.
- Ashiana Aurum received funding from the International Finance Corporation through an allotment of INR100 crore, indicating strong financial backing and investor confidence.
- Total revenue for the quarter was lower at INR176.18 crore compared to INR302.72 crore in Q1 FY26, attributed to lower deliveries.
- The company is facing a class action suit from 226 customers related to Ashiana Town, which could pose legal and financial challenges.
- There are delays in launching Ashiana Aaroham due to approval issues, impacting the project timeline.
- Land prices in key markets like Gurgaon and Jaipur remain high, affecting the company's ability to acquire new projects at favorable terms.
- The company is experiencing slower sales velocity in certain phases of existing projects, such as Amarah Phase 5, indicating potential market saturation or pricing challenges.
Ladies and gentlemen, good day, and welcome to the Ashiana Housing Limited Q2 FY26 earnings conference call hosted by EY. (Operator Instructions) Please note this conference is being recorded. I now hand the conference over to Mr. Kanav Khanna from EY. Thank you, and over to you, sir.
Thanks, and welcome, everyone, and thank you for joining the Q2 FY26 earnings call for Ashiana Housing Limited. The results and the investor presentation has been mailed to you and is also available on the stock exchanges. In case you have not received the same, kindly write to us, we'll be happy to send it over. Now to take us through the results of the quarter and half year and answer to all your queries, we have with us the management of Ashiana Housing Limited, Mr. Varun Gupta, Whole-Time Director; and Mr. Vikash Dugar, CFO.
We will start the call with a brief overview of the company's performance for the quarter and half year and then follow it up with question and answers. I would like to remind you that everything said on this call that
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
