Ashiana Housing Ltd Stock Analysis

BSE: 523716 | NSE: ASHIANA | Construction - Real Estate | Small Cap

BSE Share Price 06-Dec-2022 18:01
148.10 -1.00 (-0.67%)

DeciZen - Make an Informed Decision on Ashiana Housing

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Ashiana Housing Price Chart

P/E Ratio (SA) :
99.66
Market Cap :
1,515.8 Cr.
52-wk low :
113.7
52-wk high :
188.8
Bole Toh?

1. Is Ashiana Housing Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ashiana Housing Ltd is a below average quality company.

2. Is Ashiana Housing Ltd undervalued or overvalued?

The key valuation ratios of Ashiana Housing Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Ashiana Housing Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Ashiana Housing Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Ashiana Housing:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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.
Ashiana Housing Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 11.7%7.2%10.4%17.3%9.3%5.3%3.1%-0.6%0.9%0.8%-
Value Creation Index -0.2-0.5-0.30.2-0.3-0.6-0.8-1.0-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11976.5120506356289302262202174229
YoY Gr. Rt. %--35.8%57.1%320.9%-29.6%-18.8%4.4%-13.1%-23.2%-13.6%-
Adj EPS 3.22.1410.46.23.51.7-1.7-0.2-0.51.5
YoY Gr. Rt. %--34%89.1%161.5%-40.2%-43.5%-52.4%-201.2%NANA-
BVPS (₹) 28.730.450.963.670.774.976.773.773.972.472.9
Adj Net Profit 29.619.540.710663.63617.1-17.3-1.6-4.615
Cash Flow from Ops. -73.7-27.8-21.1-102-49.2-58.1-13.833.9118-64-
Debt/CF from Ops. -0.2-0.4-1.7-0.7-1.8-2.3-11.63.70.4-2.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.3%-13.3%-16.8%-13.6%
Adj EPS -180.5%-159.2%-164.6%NA
BVPS 10.90.5-1.9-2
Share Price 15.3% -2.9% 18.5% -11.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 11.77.110.118.19.34.82.2-2.3-0.2-0.62.1
Op. Profit Mgn % 26.220.633.228.526.819.813.4-1.74.757.2
Net Profit Mgn % 24.925.533.82117.912.45.7-6.6-0.8-2.66.7
Debt to Equity 0.100.10.10.10.20.20.20.10.20.2
Working Cap Days 4471,5441,7235589131,1791,1071,2371,7032,6152,317
Cash Conv. Cycle 2651,2011,3544216598277558621,2032,0811,020

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.10%

Sales growth is good in last 4 quarters at 34.66%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years -164.59%

Latest Financials - Ashiana Housing Ltd.

Standalone Consolidated
TTM EPS (₹) 1.5 1.1
TTM Sales (₹ Cr.) 229 285
BVPS (₹.) 72.9 72.3
Reserves (₹ Cr.) 725 719
P/BV 2.03 2.05
PE 99.66 138.81
From the Market
52 Week Low / High (₹) 113.65 / 188.80
All Time Low / High (₹) 0.03 / 327.30
Market Cap (₹ Cr.) 1,516
Equity (₹ Cr.) 20.5
Face Value (₹) 2
Industry PE 41.5

Management X-Ray of Ashiana Housing :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ashiana Housing

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Ashiana Housing Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ashiana Housing on 06-Dec-2022 18:01 is : 148.1.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 06-Dec-2022 18:01 the market cap of Ashiana Housing stood at ₹ 1,515.8.
The latest PE ratio of Ashiana Housing as of 06-Dec-2022 18:01 is 99.66.
The latest PB ratio of Ashiana Housing as of 06-Dec-2022 18:01 is 2.03
The 52-week high of Ashiana Housing is ₹ 188.8 and the 52-week low is ₹ 113.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Ashiana Housing is ₹ 228.6 ( Cr.) .

About Ashiana Housing Ltd

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

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