Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q2 FY27 Earnings Presentation
37 slides from Ashiana Housing's earnings presentation, Nov 5, 2026
Slide 1: Submission of Investor Update to stock exchanges
lashianc:3 you are in safe hands Date: 05th November 2026 To To The Secretary The Secretary BSELtd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Security Code No.
Slide 2: Investor Update September 2026
Investor Update September 2026 BHIWADI | GURUGRAM | MUMBAI-PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | NEEMRANA 1 Happiness all around Going The Extra Mile Transparency Never give Up
Slide 3: Snapshot
Snapshot 45+ Years of Legacy of #1 8 Excellence Senior Living Player Cities Presence 38 356 lakh sq. ft. Ongoing Phases 20K + Total Constructed Area* (across 15 Projects) Happy Ashiana Families* 1300+ 35% 29% Employee Strength 5-Year Pre-sale CAGR 5-Year Collection CAGR ✓ NET CASH BALANCE SHEET Supp
Slide 4: Company Overview
Company Overview • Ashiana Housing is a leading residential real estate developer with Booking Value (INR Cr) over 45 years of proven execution and customer trust in the Indian housing market. 2,421 1,798 1,937 • Pioneer in differentiated residential ecosystems with strong 1,192 positioning across S
Slide 5: Differentiated Residential Platforms
Differentiated Residential Platforms SENIOR LIVING KID-CENTRIC HOMES PREMIUM & ELITE HOMES Active & Joyful Ageing Holistic Child Development Quality • Timely Delivery • Trust • Age-specific communities (55+ years) • Learn, Nurture, Support, Care- • Mid to upper-mid income housing • Wellness, safety
Slide 6: Well-Positioned to Capitalize on India's Senior Living Opportunity
Well-Positioned to Capitalize on India’s Senior Living Opportunity A LARGE, UNDERPENETRATED MARKET Structural Growth Tailwinds India’s 60+ population is set to more 1 A long-duration demographic opportunity than double 346 Mn India’s 60+ population is projected to rise from 157 million (2025) to 346
Slide 7: A Complete Ecosystem for Senior Living
A Complete Ecosystem for Senior Living Elegant & Age-Friendly Wellness & Healthcare Vibrant Social Life Design • Wellness & Healthcare • Community clubs, hobby • Purpose-built senior living • On-site medical support and interest groups communities and preventive care • Cultural events, festivals • A
Slide 8: Senior Living | From a Pioneer to a Scaled Growth Engine
Senior Living | From a Pioneer to a Scaled Growth Engine Two decades of category experience is translating into record bookings and a sizeable growth pipeline 9 Projects : 5 Completed Over 23 Years in Senior Living 4,353 Units Sold 3,031 Units Delivered and 4 Under execution Proven Category Playbook
Slide 9: Geographical Presence of Ongoing Projects
Geographical Presence of Ongoing Projects Saleable Area of Ongoing Projects as on Gurugram September, 30th 2026 Bhiwadi & Jaipur Jamshedpur Neemrana Jaipur Jodhpur 10% 24% Pune Jamshedpur 15% Mumbai-Pune Bhiwadi 12% Gurugram Chennai 27% 12% Chennai Investor Presentation Sept 2026 | Ashiana Housing L
Slide 10: Quarterly Highlights
® ashione you are in safe hands Quarterly Highlights
Slide 11: Quarter wise performance
Quarter wise performance INR Crores Lakh sq. ft. Lakh sq. ft. Lakh sq. ft. Period Entity Equivalent Area Area Delivered & Booking Value Area Booked Constructed* Recognized as Revenue AHL 805.60 9.18 6.65 8.63 Q2FY27 Partnership 28.80 0.29 0.52 - Total 834.40 9.47 7.17 8.63 AHL 328.90 3.32 5.26 1.27
Slide 12: Quarterly Sales Trend: Area Booked (sq. ft.)
Quarterly Sales Trend : Area Booked (sq. ft.) Location Projects Q3FY25 Q4FY25 Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Gurugram Anmol - - 1,527 - - - - - Gurugram Amarah 57,085 1,22,725 75,798 47,196 17,857 24,855 19,036 45,011 Gurugram Aaroham - - - - - 5,43,883 78,716 49,795 Bhiwadi Tarang 72,339
Slide 13: Consolidated Quarterly Financial Performance
Consolidated Quarterly Financial Performance Revenue from Operations (INR Cr) PAT (INR Cr) Pre – Tax Operating Cashflow (INR Cr) 576 138 51 28 123 121 166 13 107 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 (Excludes Other Income) Quarterly Financial highlights • Revenue f
Slide 14: Consolidated Half Yearly Financial Performance
Consolidated Half Yearly Financial Performance Revenue from Operations (INR Cr) PAT (INR Cr) Pre – Tax Operating Cashflow (INR Cr) 683 64 259 458 40 231 H1-FY26 H1-FY27 H1-FY26 H1-FY27 H1-FY26 H1-FY27 (Excludes Other Income) Half-Yearly Financial highlights • Revenue from Operations increased to Rs
Slide 15: Quarterly Operational Performance
Quarterly Operational Performance Booking Value (INR Cr) Units Sold (No.) Area Sold (lakh sq. ft.) 9.47 834 525 307 4.13 3.60 303 358 234 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Q2-FY26 Q1-FY27 Q2-FY27 Collections (INR Cr) Avg. Price Realization Equivalent Area Constructed (INR Per Sq.ft) (i
Slide 16: Half Yearly Operational Performance
Half Yearly Operational Performance Booking Value (INR Cr) Units Sold (No.) Area Sold (lakh sq. ft.) 13.07 1,192 10.08 759 734 714 H1-FY26 H1-FY27 H1-FY26 H1-FY27 H1-FY26 H1-FY27 Collections (INR Cr) Avg. Price Realization Equivalent Area Constructed (INR Per Sq.ft) (in lakh sq. ft.) 13.40 12.77 896
Slide 17: Q2/H1 FY27 Operational highlights
Q2/H1 FY 27 Operational highlights Q2 FY27 H1 FY27 • Booking Value during Q2 FY27 stood at Rs 834 Cr, covering 9.47 • Booking Value during H1 FY27 reached Rs 1,192 Cr, covering 13.07 lakh sq. ft., vs Rs 358 Cr (3.60 lakh sq. ft.) in Q1 FY27 and Rs 303 Cr lakh sq. ft., vs Rs 734 Cr and 10.08 lakh sq.
Slide 18: Ongoing Projects
® ashione you are in safe hands Ongoing Projects
Slide 19: Ongoing Residential Projects – Senior Living
Ongoing Residential Projects – Senior Living Saleable Area Balance Equivalent Expected Possession Handover Booking Economic Total Value Area Booked Collection Inventory Area Customer Timeline Type timeline Ownership Location Projects Phase Value Interest (INR Cr) (lakh sq. (lakh sq. (INR Cr) (lakh s
Slide 20: Ongoing Residential Projects – Kid-Centric Homes
Ongoing Residential Projects – Kid-Centric Homes Saleable Area Balance Equivalent Expected Handover Booking Possession Economic Total Value Area Booked Collection Inventory Area Customer Type Timeline Ownership Location Projects Phase Value Timeline Interest (INR Cr) (lakh sq. (lakh sq. (INR Cr) (la
Slide 21: Ongoing Residential Projects – Premium & Elite Homes
Ongoing Residential Projects – Premium & Elite Homes Equivalent Balance Expected Possessio Handover Saleable Area Booking Collectio Area Total Value Inventory Customer n Timeline Type Timeline Ownership Location Projects Phase Economic Interest Area Booked Value n Construct (INR Cr) (lakh sq. ed( la
Slide 22: Year wise Deliveries of Ongoing Projects
Year wise Deliveries of Ongoing Projects Expected Saleable Area Booking Value Unsold Area Unsold Value Total Value (INR Year Location Project Phase Customer (lakh sq. ft.) (INR Cr) (lakh sq. ft.) (INR Cr) Cr) Handover Bhiwadi Ashiana Advik Phase 2 2.83 168.07 - - 168.07 Q3 FY27 Bhiwadi Tarang Phase
Slide 23: Year wise Deliveries of Ongoing Projects
Year wise Deliveries of Ongoing Projects Expected Saleable Area Booking Value Unsold Area Unsold Value Total Value (INR Location Project Phase Customer (lakh sq. ft.) (INR Cr) (lakh sq. ft.) (INR Cr) Cr) Handover Bhiwadi Ashiana Advik Phase 3 1.88 108.66 0.54 49.40 158.06 Q1 FY29 Jaipur Ashiana Nita
Slide 24: Future Outlook
® ashione you are in safe hands Future Outlook
Slide 25: Future Projects
Future Projects Saleable Area (lakh sq. Project Type Phase Economic Interest ft.) Bhiwadi Advik Senior Living 4&5 100% Ownership 5.77 Jaipur OMA Premium Homes 3&4 73% Ownership 4.67 Jaipur One44 Elite Homes Plaza 77.40% Ownership 0.04 Gurugram Aaroham Kid-Centric Homes 3 100% Ownership 3.79 Pune Mal
Slide 26: Land available for Future Development
Land available for Future Development Location Land/ Project Name Estimated Area (Acres) Estimated Saleable Area (lakh sq. ft.) Proposed Development Chennai Aaranya (MWC Chennai) 22.71 18.90 Senior Living Pune Wavrale, Raigad (Maharashtra) 8.83 4.50 Senior Living Pune Tattvam, Panvel(Maharashtra) 7.
Slide 27: Completed Projects having Inventory
Completed Projects having Inventory Balance Saleable Area Booked Area Location Projects Phase Economic Interest Type Inventory (lakh sq. ft.) (lakh sq. ft.) (lakh sq. ft.) Bhiwadi Surbhi Plaza 100% Ownership Premium Homes 0.02 0.01 0.01 Neemrana Aangan Neemrana Phase 1 (Shops) 100% Ownership Premium
Slide 28: Financial Highlights
® ashione you are in safe hands Financial Highlights
Slide 29: Quarterly Consolidated Income Statement
Quarterly Consolidated Income Statement Particulars (INR Cr) Q2-FY26 Q2-FY27 YoY Q1-FY27 QoQ Revenue from Operations 165.58 575.69 248% 107.44 436% Operating Expenses 136.45 515.76 278% 99.90 416% EBITDA 29.13 59.93 106% 7.54 695% EBITDA Margin (%) 17.59% 10.41% 7.02% Depreciation 3.39 3.31 -2% 3.28
Slide 30: Half Yearly Consolidated Income Statement
Half Yearly Consolidated Income Statement Particulars (INR Cr) H1-FY26 H1-FY27 YoY Revenue from Operations 458.34 683.13 49% Operating Expenses 417.37 615.66 48% EBITDA 40.97 67.47 65% EBITDA Margins (%) 8.94% 9.88% Depreciation 6.68 6.59 -1% Finance Cost 0.66 0.56 -15% Other Income 20.56 24.95 21%
Slide 31: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Cr) FY24 FY25 FY26 Revenue from Operations 943.80 528.72 1,143.01 Operating Expenses 847.22 511.22 1,013.50 EBITDA 96.58 17.49 129.51 EBITDA Margins (%) 10.23% 3.31% 11.33% Depreciation 9.48 12.63 13.31 Finance Cost 2.05 2.41 1.67 Other Incom
Slide 32: Key Indicators
® ashione you are in safe hands Key Indicators
Slide 33: Historical Performance Indicators
Historical Performance Indicators Value of Sales (INR Cr) Collections (INR Cr) Area Sold (lakh sq. ft.) 2,421 26.40 26.98 1,771 26.73 1,937 1,798 1,429 1,062 896 908 1,192 12.45 11.72 10.08 13.07 762 734 FY24 FY25 FY26 H1-FY27 FY24 FY25 FY26 H1-FY27 FY24 FY25 FY26 H1-FY27 Equivalent Area Constructed
Slide 34: Historical Financial Performance
Historical Financial Performance Revenue from Operations (INR EBITDA (INR Cr) & EBITDA Margins PAT (INR Cr) and PAT Margins (%) Cr) (%) 130 140 20.00% 140 20.00% 118 120 120 1,143 97 100 100 83 944 80 67 80 64 683 10.00% 10.00% 11.33% 60 529 10.23% 9.93% 60 9.88% 9.06% 18 40 8.63% 18 40 20 20 0 3.31
Slide 35: Capital Market Data
Capital Market Data Stock Market Performance (As on 30th September, 2026) 40.0% 30.0% 20.0% 10.0% 0.0% -10.0% -20.0% Oct-25 Nov-25 Dec-25 Jan-26 Feb-26 Mar-26 Apr-26 May-26 Jun-26 Jul-26 Aug-26 Sep-26 Ashiana NIFTY 50 Sensex Price Data (As on 30th September, 2026) Shareholding pattern (As on 30th Se
Slide 36: Glossary: Key Definitions
Glossary: Key Definitions Booking value Revenue recognition Value of homes sold in the period (pre-sales), before revenue is Revenue is booked when homes are handed over, after the occupancy recognised certificate Equivalent area constructed Economic interest Construction progress in sq ft, excludin
Slide 37: Disclaimer
Disclaimer Ashiana Housing Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events not