Integrated Filing — IndAS



General information about company
Scrip Code 523716
NSE Symbol ASHIANA
MSEI Symbol NOTLISTED
ISIN INE365D01021
Name of company ASHIANA HOUSING LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2024
Date of end of financial year 31-Mar-2025
Date of board meeting when results were approved 30-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 24-May-2025
Description of presentation currency INR (in Actuals)
Reporting Type Half Yearly
Reporting Quarter Yearly
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Audited
Segment Reporting Single segment
Description of single segment Development of Real Estate Property
Start date and time of board meeting 30-May-2025   10:30:00
End date and time of board meeting 30-May-2025   19:30:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 2022-11-14
Indicate Company website link for updated RPT policy of the Company https://www.ashianahousing.com/real-estate-investors/corporate-governance#2
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
There have been no instances of default during the financial year



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 2001100000 4566800000
Other income 115500000 253800000
Total income 2116600000 4820600000
2 Expenses
(a) Cost of materials consumed 1930300000 5812000000
(b) Purchases of stock-in-trade 805800000 4856900000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -1329200000 -7479200000
(d) Employee benefit expense 143000000 499900000
(e) Finance costs -2800000 24100000
(f) Depreciation, depletion and amortisation expense 33600000 124200000
(f) Other Expenses
1 Other Expenses 269100000 647500000
Total other expenses 269100000 647500000
Total expenses 1849800000 4485400000
3 Total profit before exceptional items and tax 266800000 335200000
4 Exceptional items 0 -50000000
5 Total profit before tax 266800000 285200000
6 Tax expense
7 Current tax 74000000 77800000
8 Deferred tax -4700000 23100000
9 Total tax expenses 69300000 100900000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0 0
11 Net Profit Loss for the period from continuing operations 197500000 184300000
12 Profit (loss) from discontinued operations before tax 0 0
13 Tax expense of discontinued operations 0 0
14 Net profit (loss) from discontinued operation after tax 0 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0 0
16 Total profit (loss) for period 197500000 184300000
17 Other comprehensive income net of taxes 6800000 3200000
18 Total Comprehensive Income for the period 204300000 187500000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 201000000 201000000
Face value of equity share capital 2 2
27 Details of debt securities
22 Reserves excluding revaluation reserve 7444700000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 2.02 1.85
Diluted earnings (loss) per share from continuing operations 2.02 1.85
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 2.02 1.85
Diluted earnings (loss) per share from continuing and discontinued operations 2.02 1.85
24 Debt equity ratio 0.0034 0.0034
25 Debt service coverage ratio 0.0133 0.0116
26 Interest service coverage ratio 0.0283 0.0148
27 Disclosure of notes on financial results



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities
Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2024
Date of end of reporting period 31-Mar-2025
Whether results are audited or unaudited Audited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 782100000
Capital work-in-progress
Investment property 302600000
Goodwill 0
Other intangible assets 900000
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments -6200000
Trade receivables, non-current
Loans, non-current 0
Other non-current financial assets 258000000
Total non-current financial assets 251800000
Deferred tax assets (net) 2100000
Other non-current assets 178000000
Total non-current assets 1517500000
2 Current assets
Inventories 22842100000
Current financial asset
Current investments 1699900000
Trade receivables, current 224100000
Cash and cash equivalents 1393800000
Bank balance other than cash and cash equivalents 2226600000
Loans, current 176700000
Other current financial assets 340600000
Total current financial assets 6061700000
Current tax assets (net) 227100000
Other current assets 3262000000
Total current assets 32392900000
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 33910400000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 201000000
Other equity 7444700000
Total equity attributable to owners of parent 7645700000
Non controlling interest
Total equity 7645700000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2450500000
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 116400000
Total non-current financial liabilities 2566900000
Provisions, non-current 112800000
Deferred tax liabilities (net)
Deferred government grants, Non-current
Other non-current liabilities
Total non-current liabilities 2679700000
Current liabilities
Current financial liabilities
Borrowings, current 165100000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 155200000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 531800000
Total Trade payable 687000000
Other current financial liabilities 597600000
Total current financial liabilities 1449700000
Other current liabilities 22120500000
Provisions, current 14800000
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 23585000000
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 26264700000
Total equity and liabilites 33910400000
Disclosure of notes on assets and liabilities



Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Oct-2024 01-Apr-2024
Date of end of reporting period 31-Mar-2025 31-Mar-2025
Whether accounts are audited or unaudited Audited Audited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Oct-2024 01-Apr-2024
B Date of end of reporting period 31-Mar-2025 31-Mar-2025
C Whether results are audited or unaudited Audited Audited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Changes in fair value of equity instruments and remeasurement of net defined benefit liabilities 8100000 2400000
Total Amount of items that will not be reclassified to profit and loss 8100000 2400000
2 Income tax relating to items that will not be reclassified to profit or loss 1300000 -800000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 6800000 3200000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
C Whether results are audited or unaudited Audited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory.
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 285200000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 607100000
Adjustments for decrease (increase) in inventories -7582100000
Adjustments for decrease (increase) in trade receivables, current 18200000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -354400000
Adjustments for decrease (increase) in other non-current assets 0
Adjustments for other financial assets, non-current 0
Adjustments for other financial assets, current 80400000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 210800000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 9567600000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 134800000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 10300000
Adjustments for provisions, non-current 0
Adjustments for other financial liabilities, current -208700000
Adjustments for other financial liabilities, non-current 0
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 151500000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 0
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow -68900000
Other adjustments to reconcile profit (loss) -100000
Other adjustments for non-cash items -700000
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 24300000
Total adjustments for reconcile profit (loss) 2287100000
Net cash flows from (used in) operations 2572300000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 102800000
Other inflows (outflows) of cash 0
Net cash flows from (used in) operating activities 2469500000
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0
Cash flows used in obtaining control of subsidiaries or other businesses 0
Other cash receipts from sales of equity or debt instruments of other entities 0
Other cash payments to acquire equity or debt instruments of other entities 0
Other cash receipts from sales of interests in joint ventures 0
Other cash payments to acquire interests in joint ventures 0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0
Proceeds from sales of property, plant and equipment -9100000
Purchase of property, plant and equipment 380400000
Proceeds from sales of investment property 0
Purchase of investment property 939300000
Proceeds from sales of intangible assets 0
Purchase of intangible assets 0
Proceeds from sales of intangible assets under development 0
Purchase of intangible assets under development 0
Proceeds from sales of goodwill 0
Purchase of goodwill 0
Proceeds from biological assets other than bearer plants 0
Purchase of biological assets other than bearer plants 0
Proceeds from government grants 0
Proceeds from sales of other long-term assets 0
Purchase of other long-term assets 0
Cash advances and loans made to other parties 84900000
Cash receipts from repayment of advances and loans made to other parties 0
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0
Dividends received 0
Interest received 151500000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 68900000
Net cash flows from (used in) investing activities -1193300000
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0
Payments from changes in ownership interests in subsidiaries 0
Proceeds from issuing shares 0
Proceeds from issuing other equity instruments 0
Payments to acquire or redeem entity's shares 0
Payments of other equity instruments 0
Proceeds from exercise of stock options 0
Proceeds from issuing debentures notes bonds etc 0
Proceeds from borrowings 1404900000
Repayments of borrowings 265300000
Payments of lease liabilities -140800000
Dividends paid 150800000
Interest paid 607100000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 0
Net cash flows from (used in) financing activities 522500000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 1798700000
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0
Net increase (decrease) in cash and cash equivalents 1798700000
Cash and cash equivalents cash flow statement at beginning of period 1821600000
Cash and cash equivalents cash flow statement at end of period 3620300000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. B.Chhawchharia & Co. Yes 31-Jul-2025


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 Ashiana Housing Limited Ashiana Maintenance Services LLP Listed entity is one of the partners of the LLP Sale of goods or services 7100000 Approved 28690000 -10590000 -7641000
2 Ashiana Housing Limited Latest Developers Advisory Limited Subsidiary Company Sale of goods or services 20000 Approved 6000 -11000 0
3 Ashiana Housing Limited Topwell Projects Consultants Limited Subsidiary Company Sale of goods or services 20000 Approved 6000 -11000 0
4 Ashiana Housing Limited Ashiana Amar Developers Listed entity is one of the partners of the LLP Sale of goods or services 0 Approved 0 0 0
5 Ashiana Housing Limited Vista Housing Joint Venture Sale of goods or services 0 Approved 11000 0 -11000
6 Ashiana Housing Limited Megha Colonizers Joint Venture Sale of goods or services 0 Approved 60000 -147000 -66000
7 Ashiana Housing Limited Ashiana Greenwood Developers Limited Joint Venture Sale of fixed assets 0 Approved 5891000 -1393000 -15052000
8 Ashiana Housing Limited Ashiana Manglam Builders (including Extention) Joint Venture Sale of fixed assets 0 Approved 0 0 0
9 Ashiana Housing Limited Vishal Gupta Managing Director Remuneration Approved 11700000 2400000 0
10 Ashiana Housing Limited Ankur Gupta Joint Managing Director Remuneration Approved 10800000 1500000 0
11 Ashiana Housing Limited Varun Gupta Whole Time Director Remuneration Approved 10800000 1500000 0
12 Ashiana Housing Limited Sonal Mattoo Independent Director Remuneration 0 Approved 0 0 0
13 Ashiana Housing Limited Narayan Anand Independent Director Remuneration Approved 400000 0 0
14 Ashiana Housing Limited Abhishek Dalmia Independent Director Remuneration 0 Approved 0 0 0
15 Ashiana Housing Limited Piyul Mukherjee Independent Director Remuneration 0 Approved 400000 0 0
16 Ashiana Housing Limited Suraj Krishna Moraje Independent Director Remuneration 0 Approved 400000 0 0
17 Ashiana Housing Limited Vinit Taneja Independent Director Remuneration 0 Approved 302000 0 0
18 Ashiana Housing Limited Nitin Sharma Key Managerial Personnel (Company Secretary) Remuneration 0 Approved 2000000 167000 0
19 Ashiana Housing Limited Vikash Dugar Key Managerial Personnel (Chief Financial Officer) Remuneration 0 Approved 10000000 848000 0
20 Ashiana Housing Limited OPG Realtors Limited Common Directorship Any other transaction Property taken on lease/Security Deposit 1160000 Approved 1368000 -504000 -504000
21 Ashiana Housing Limited BG Estates Private Limited Common Directorship Any other transaction Property taken on lease 500000 Approved 108000 0 0
22 Ashiana Housing Limited Karma Hospitality LLP Director of the Listed entity is a Designated partner of the LLP Purchase of goods or services 1800000 Approved 1476000 -67000 0
23 Ashiana Housing Limited Nitya Care Homes Pvt Ltd Subsidiary Company Investment 0 Approved 100000 0 0
24 Ashiana Housing Limited Woodstory LLP director of the Listed entity is a Designated partner of the LLP Purchase of fixed assets 5700000 Approved 10311000 816000 814000
25 Ashiana Housing Limited Ashiana Maintenance Services LLP Listed entity is one of the partners of the LLP Purchase of goods or services 20000000 Approved 28690000 -10590000 -7641000
26 Ashiana Housing Limited Latest Developers Advisory Limited Subsidiary Company Loan 0 Approved 0 -1000000 -1000000 Loan 0.12 One Year from the Date of Agreement i.e. 31st March Unsecured Funds for business purpose
27 Ashiana Housing Limited Ashiana Greenwood Developers Limited Joint Venture Purchase of fixed assets 0 Approved 3803000 0 0
28 Ashiana Housing Limited Ashiana Manglam Builders (including Extention) Joint Venture Purchase of fixed assets 0 Approved 0 10000 0
29 Ashiana Housing Limited Kairav Developers Limited Joint Venture Loan 0 Approved -18394000 -193394000 -175781000 Loan 0.15 One year from the date of the agreement i.e. 28th March 2024 Unsecured Funds for Business Purpose
30 Ashiana Housing Limited Kairav Developers Limited Joint Venture Sale of goods or services 163000 Approved 33798000 -14014000 -7066000
31 Ashiana Housing Limited Sonal Mattoo Independent Director Any other transaction Sitting Fee 0 Approved 0 0 0
32 Ashiana Housing Limited Narayan Anand Independent Director Any other transaction Sitting Fee 0 Approved 3000 0 0
33 Ashiana Housing Limited Abhishek Dalmia Independent Director Any other transaction Sitting Fee 0 Approved 0 0 0
34 Ashiana Housing Limited Piyul Mukherjee Independent Director Any other transaction Sitting Fee 0 Approved 3000 0 0
35 Ashiana Housing Limited Suraj Krishna Moraje Independent Director Any other transaction Sitting Fee 0 Approved 3000 0 0
36 Ashiana Housing Limited Vinit Taneja Independent Director Any other transaction Sitting Fee 0 Approved 3000 0 0
Total value of transaction during the reporting period 142738000