Ashiana Housing Ltd reported its audited financial results for the quarter and financial year ended March 31, 2026, demonstrating robust top-line expansion with revenue from operations rising to ₹1,185.06 crore in FY26 from ₹557.45 crore in FY25. The company achieved its highest ever Profit After Tax (PAT) of ₹117.89 crore in FY26, compared to ₹18.24 crore in the previous year, marking a significant turnaround. For the quarter ended March 31, 2026 (Q4FY26), sales and other income stood at ₹332.81 crore, while PAT was reported at ₹20.98 crore.

Operational Performance

The company recorded its highest ever value of area booked at ₹2,421.13 crore in FY26, an increase of 25.01% from ₹1,936.75 crore in FY25. This performance was primarily driven by the launch of Ashiana Aaroham Phase-I and Phase-II in Gurugram. In Q4FY26, the value of area booked reached ₹1,289.70 crore (11.15 lakh sq ft), compared to ₹574.72 crore (8.48 lakh sq ft) in Q4FY25. The average realization rate increased significantly to ₹11,566 per sq ft in Q4FY26, up from ₹6,774 in Q4FY25, driven by higher realization from the Gurugram launch.

Equivalent Area Constructed (EAC) for FY26 stood at 26.19 lakh sq ft, an increase of 30.19% from 20.12 lakh sq ft in FY25. The company also achieved its highest ever collections from customers at ₹1,762 crore during the year. The Board of Directors has recommended a final dividend of ₹1.50 per equity share, representing 75% of the face value of ₹2 each, subject to shareholder approval.

Financial Metrics

The key financial metrics for the year and quarter are summarised below:

Corporate Actions and Land Acquisition

In its meeting held on May 27, 2026, the Board approved the issuance of secured non-convertible debentures (NCDs) on a private placement basis up to ₹200 crore and unsecured NCDs up to ₹100 crore. The Board also re-appointed Pant S. & Associates as Cost Auditors and Grant Thornton Bharat LLP as Internal Auditors for FY 2026-27. During the year, the company expanded its Senior Living portfolio through land acquisitions in Chennai and Maharashtra, adding projects with a combined development potential of over 26 lakh sq ft. The company acquired 8.83 acres of land in Raigad, Maharashtra, and entered into an agreement for a land parcel in Pavel, Maharashtra.

Ashiana Housing Ltd. has re-appointed Pant S. & Associates as Cost Auditors and Grant Thornton Bharat LLP as Internal Auditors for the financial year 2026-27. The Board of Directors approved these decisions during a meeting held on May 27, 2026. Additionally, the company accepted the resignation of A.K. Verma & Co. as Secretarial Auditors and appointed Anjali Yadav & Associates for a five-year term, subject to shareholder approval at the ensuing Annual General Meeting.

The re-appointment of Pant S. & Associates covers all branches of the company for FY 2026-27. The firm, founded in 2012 by Mr. Santosh Pant, specializes in Cost Auditing, Cost Evaluation, and Cost Reduction Management. Grant Thornton Bharat LLP was re-appointed as a centralized Internal Auditor effective April 1, 2026, to align with the growing requirements of the business controls environment.

A.K. Verma & Co. resigned as Secretarial Auditors effective May 26, 2026, citing preoccupation with other assignments. In their place, Anjali Yadav & Associates were appointed by the Board on May 27, 2026. Anjali Yadav, a fellow member of the Institute of Company Secretaries of India, brings 24 years of experience in secretarial and legal functions.

The disclosures were made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment of the new Secretarial Auditor is contingent upon approval by shareholders.

Auditor Appointments