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Ashiana Housing Ltd. Stock Analysis

Small Cap
Evaluated by 1392 users | BSE: 523716 | NSE: ASHIANA |
Construction - Real Estate
Ashiana Housing was incorporated as a public limited company on Jun. 25, 1986 and got its present name on May 4, 2007. The registered office is located at 5-F Everest, 46/C, Chowringhee Road, Kolkata-700071. It is a real estate developer with a focus on housing. The company is part of the...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 29.19%32.09%11.73%7.23%10.35%17.35%9.27%5.31%3.15%-0.57%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 14421811976.5120506356289302262
Y-o-Y Gr. Rt.-50.9%-45.3%-35.8%57.1%320.9%-29.6%-18.8%4.4%-13.1%
Adjusted EPS (Rs.) 4.757.323.182.13.9710.396.223.531.7-1.66
Y-o-Y Gr. Rt.-54.1%-56.6%-34%89.1%161.7%-40.1%-43.3%-51.8%-197.7%
Book Value per Share (Rs.) 18.8225.6928.6530.3950.8863.5670.6874.8976.7173.69
Adjusted Net Profit 44.268.129.619.540.710663.736.117.4-17
Net Op. Cash Flow (Rs. Cr.) 48.547.3-73.7-27.8-21.1-102-49.2-58.1-13.833.9
Debt to Cash Flow from Ops 0.010.46-0.19-0.44-1.71-0.66-1.8-2.3-11.63.65
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Ashiana Housing Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.9%16.9%-9.7%-13.1%
Adjusted EPS -189%-184%-164.4%-197.7%
Book Value per Share 16.47.71.4-3.9
Share Price 13.4% -11.1% -19.3% 3.1%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 29.7232.8711.727.1110.1218.169.274.852.24-2.21
Operating Profit Margin (%) 37.7338.226.1920.5533.1728.5226.7719.7913.4-1.73
Net Profit Margin (%) 30.5831.2324.8525.5133.8221.0217.912.495.76-6.49
Debt to Equity 00.090.050.040.070.10.120.170.20.16
Working Capital Days 1941344471,5441,7235589131,1791,1071,237
Cash Conversion Cycle 167972651,2011,354421659827755862
Entity Percentage Holding
Promoters 61.22%
Institutions 10.48%
Non-Institutions 28.30%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Ashiana Housing Ltd.'s performance infers:

Ashiana Housing Ltd. earnings have declined by -184%, whereas share price has depreciated -11.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Ashiana Housing Ltd. share prices over the last 10 years. Here is what we found out:

Ashiana Housing Ltd. share price has depreciated 11.1% annually over the past ten years.

Ashiana Housing was incorporated as a public limited company on Jun. 25, 1986 and got its present name on May 4, 2007. The registered office is located at 5-F Everest, 46/C, Chowringhee Road, Kolkata-700071. It is a real estate developer with a focus on housing. The company is part of the Ashiana group which commenced real estate development operations at Patna in 1979 and since then has extended its activities to Jamshedpur, Ghaziabad, Indirapuram, Bhiwadi, Gurgaon, Greater

Ashiana Housing was incorporated as a public limited company on Jun. 25, 1986 and got its present name on May 4, 2007. The registered office is located at 5-F Everest, 46/C, Chowringhee Road, Kolkata-700071. It is a real estate developer with a focus on housing. The company is part of the Ashiana group which commenced real estate development operations at Patna in 1979 and since then has extended its activities to Jamshedpur, Ghaziabad, Indirapuram, Bhiwadi, Gurgaon, Greater Noida, Jaipur, Jodhpur and lucknow. Ashiana Homes, a private limited company is also part of the group.

The company operates in the Jamshedpur, Bhiwadi, Jaipur, Jodhpur and Lucknow areas and has successfully completed housing projects such as Ashiana Villas and Ashiana Rangoli in Bhiwadi, Residency Greens and Ashiana Suncity in Jamshedpur, Plaza and Shantiniketan in Patna. It has successfully entered into development of commercial real estate with projects like the Ashiana Village Mall and Ashiana Gymkhana Club in Bhiwadi.

It has entered into joint venture for Greenwoods in Jaipur and Amarbagh in Jodhpur. Vatika Marketing and Ashiana Retirement Villages are subsidiaries of the company. It has branch offices at Jamshedpur, Bhiwadi and Jaipur.

Milestones

2010
Ashiana Hous - Hands over Ashiana Aangan Phase-II.
Ashiana Hous - Launch of Phase -2 of Utsav Project in Lavasa.
Launched Rangoli Gardens in Jaipur - the largest project of company till date
Got listed under Forbes Asia's Best Under a Billion 200 list of companies twice in a row.
Awarded for the Corporate Social Responsibility work at Bhiwadi second time. (2012, 2010)
2011
Launched Utsav Care Homes.
AshinaHsng&F - Forbes Ranks Ashiana Housing Ltd in 'Asia's Best Under a Billion' Companies.
Ashiana Aangan and Woodlands awarded Best Residential Projects in Zee Business RICS Property Awards 2011.
Awarded as India’s Best Residential Project in North - Ashiana Aangan, Bhiwadi & Awarded as India’s Best Residential Project East - Ashiana Woodlands, Jamshedpur
2012
CREDAI India awards Ashiana Utsav, Bhiwadi the Best Theme Based Township (Non-Metro).
Awarded for Best affordable housing in India & NCR by CNBC Awaaz Real Estate awards 2012
Ashiana Utsav - Senior Living, Bhiwadi awarded as the Best Theme Based Township under non-metro category
Ashiana Aangan, Bhiwadi awarded as Best Affordable Housing in India & also awarded as Best Affordable Housing in Delhi - NCR
2013
Unveiled new identity of Ashiana
Awarded for the contribution made in the field of Education by Govt. of Rajasthan 2013

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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