Ashiana Housing Limited (ASHIANA) - Net Assets
Based on the latest financial reports, Ashiana Housing Limited (ASHIANA) has net assets worth Rs8.47 Billion INR (≈ $91.63 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs40.97 Billion ≈ $443.08 Million USD) and total liabilities (Rs32.50 Billion ≈ $351.45 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Ashiana Housing Limited (ASHIANA) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs8.47 Billion |
| % of Total Assets | 20.68% |
| Annual Growth Rate | 19.86% |
| 5-Year Change | 1.75% |
| 10-Year Change | 17.42% |
| Growth Volatility | 29.74 |
Ashiana Housing Limited - Net Assets Trend (2006–2025)
This chart illustrates how Ashiana Housing Limited's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Ashiana Housing Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Ashiana Housing Limited (2006–2025)
The table below shows the annual net assets of Ashiana Housing Limited from 2006 to 2025. For live valuation and market cap data, see ASHIANA stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | Rs7.64 Billion ≈ $82.62 Million |
-0.82% |
| 2024-03-31 | Rs7.70 Billion ≈ $83.29 Million |
+1.38% |
| 2023-03-31 | Rs7.60 Billion ≈ $82.16 Million |
+3.21% |
| 2022-03-31 | Rs7.36 Billion ≈ $79.60 Million |
-1.97% |
| 2021-03-31 | Rs7.51 Billion ≈ $81.20 Million |
+0.14% |
| 2020-03-31 | Rs7.50 Billion ≈ $81.09 Million |
-4.10% |
| 2019-03-31 | Rs7.82 Billion ≈ $84.55 Million |
+2.09% |
| 2018-03-31 | Rs7.66 Billion ≈ $82.82 Million |
+5.97% |
| 2017-03-31 | Rs7.23 Billion ≈ $78.16 Million |
+11.08% |
| 2016-03-31 | Rs6.51 Billion ≈ $70.36 Million |
+33.58% |
| 2015-03-31 | Rs4.87 Billion ≈ $52.67 Million |
+73.10% |
| 2014-03-31 | Rs2.81 Billion ≈ $30.43 Million |
+5.50% |
| 2013-03-31 | Rs2.67 Billion ≈ $28.84 Million |
+11.20% |
| 2012-03-31 | Rs2.40 Billion ≈ $25.94 Million |
+37.09% |
| 2011-03-31 | Rs1.75 Billion ≈ $18.92 Million |
+34.79% |
| 2010-03-31 | Rs1.30 Billion ≈ $14.04 Million |
+31.10% |
| 2009-03-31 | Rs990.01 Million ≈ $10.71 Million |
+41.44% |
| 2008-03-31 | Rs699.96 Million ≈ $7.57 Million |
+116.43% |
| 2007-03-31 | Rs323.41 Million ≈ $3.50 Million |
+32.38% |
| 2006-03-31 | Rs244.30 Million ≈ $2.64 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Ashiana Housing Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 14254500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rs142.54 Million | 1.87% |
| Common Stock | Rs201.00 Million | 2.63% |
| Other Comprehensive Income | Rs5.86 Billion | 76.71% |
| Other Components | Rs1.44 Billion | 18.80% |
| Total Equity | Rs7.64 Billion | 100.00% |
Ashiana Housing Limited Competitors by Market Cap
The table below lists competitors of Ashiana Housing Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
West Bancorporation
NASDAQ:WTBA
|
$412.76 Million |
|
Emergent Biosolutions Inc
NYSE:EBS
|
$412.77 Million |
|
LX Holdings Corp
KO:383800
|
$412.79 Million |
|
Fiducial Real Estate SA
PA:ORIA
|
$412.79 Million |
|
Excelsior Medical Co Ltd
TW:4104
|
$412.46 Million |
|
Clearpoint Neuro Inc
NASDAQ:CLPT
|
$412.36 Million |
|
POSCO M-TECH Co. Ltd
KQ:009520
|
$412.30 Million |
|
Panoro Energy ASA
F:1PZ
|
$412.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ashiana Housing Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,701,979,000 to 7,639,200,000, a change of -62,779,000 (-0.8%).
- Net income of 182,400,000 contributed positively to equity growth.
- Dividend payments of 150,800,000 reduced retained earnings.
- Other comprehensive income increased equity by 5,764,738,000.
- Other factors decreased equity by 5,859,117,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs182.40 Million | +2.39% |
| Dividends Paid | Rs150.80 Million | -1.97% |
| Other Comprehensive Income | Rs5.76 Billion | +75.46% |
| Other Changes | Rs-5.86 Billion | -76.7% |
| Total Change | Rs- | -0.82% |
Book Value vs Market Value Analysis
This analysis compares Ashiana Housing Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 4.87x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 140.51x to 4.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-03-31 | Rs2.70 | Rs379.60 | x |
| 2007-03-31 | Rs3.58 | Rs379.60 | x |
| 2008-03-31 | Rs7.49 | Rs379.60 | x |
| 2009-03-31 | Rs10.65 | Rs379.60 | x |
| 2010-03-31 | Rs14.35 | Rs379.60 | x |
| 2011-03-31 | Rs18.80 | Rs379.60 | x |
| 2012-03-31 | Rs25.77 | Rs379.60 | x |
| 2013-03-31 | Rs28.81 | Rs379.60 | x |
| 2014-03-31 | Rs30.57 | Rs379.60 | x |
| 2015-03-31 | Rs55.41 | Rs379.60 | x |
| 2016-03-31 | Rs63.56 | Rs379.60 | x |
| 2017-03-31 | Rs70.61 | Rs379.60 | x |
| 2018-03-31 | Rs74.82 | Rs379.60 | x |
| 2019-03-31 | Rs76.38 | Rs379.60 | x |
| 2020-03-31 | Rs73.25 | Rs379.60 | x |
| 2021-03-31 | Rs73.35 | Rs379.60 | x |
| 2022-03-31 | Rs71.91 | Rs379.60 | x |
| 2023-03-31 | Rs74.22 | Rs379.60 | x |
| 2024-03-31 | Rs76.12 | Rs379.60 | x |
| 2025-03-31 | Rs77.90 | Rs379.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ashiana Housing Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.39%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.45%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 4.57x
- Recent ROE (2.39%) is below the historical average (14.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.64% | 15.74% | 0.33x | 4.38x | Rs30.88 Million |
| 2007 | 29.21% | 18.47% | 0.37x | 4.28x | Rs62.13 Million |
| 2008 | 57.03% | 30.60% | 0.73x | 2.56x | Rs318.74 Million |
| 2009 | 29.50% | 31.32% | 0.35x | 2.72x | Rs187.71 Million |
| 2010 | 28.33% | 32.67% | 0.61x | 1.42x | Rs237.91 Million |
| 2011 | 25.07% | 32.12% | 0.55x | 1.42x | Rs263.66 Million |
| 2012 | 29.01% | 28.62% | 0.74x | 1.37x | Rs455.76 Million |
| 2013 | 12.37% | 24.66% | 0.33x | 1.54x | Rs63.41 Million |
| 2014 | 7.69% | 19.76% | 0.18x | 2.15x | Rs-65.82 Million |
| 2015 | 8.89% | 48.67% | 0.08x | 2.21x | Rs-57.93 Million |
| 2016 | 16.26% | 21.50% | 0.42x | 1.82x | Rs407.55 Million |
| 2017 | 9.27% | 18.69% | 0.29x | 1.69x | Rs-52.56 Million |
| 2018 | 4.99% | 12.48% | 0.25x | 1.61x | Rs-383.49 Million |
| 2019 | 1.76% | 4.18% | 0.28x | 1.52x | Rs-644.01 Million |
| 2020 | -4.03% | -10.13% | 0.25x | 1.56x | Rs-1.05 Billion |
| 2021 | 0.23% | 0.74% | 0.17x | 1.78x | Rs-733.59 Million |
| 2022 | -0.96% | -3.45% | 0.11x | 2.53x | Rs-806.47 Million |
| 2023 | 3.67% | 6.94% | 0.18x | 2.90x | Rs-480.92 Million |
| 2024 | 10.83% | 8.92% | 0.39x | 3.12x | Rs63.76 Million |
| 2025 | 2.39% | 3.45% | 0.15x | 4.57x | Rs-581.52 Million |
Industry Comparison
This section compares Ashiana Housing Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $6,384,310,193
- Average return on equity (ROE) among peers: 7.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ashiana Housing Limited (ASHIANA) | Rs8.47 Billion | 22.64% | 3.84x | $412.68 Million |
| Ajmera Realty & Infra India Limited (AJMERA) | $3.62 Billion | 6.87% | 0.61x | $288.02 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.18 Billion | 3.19% | 0.90x | $17.40 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $9.45 Billion | 13.98% | 1.38x | $5.50 Million |
| Arihant Superstructures Limited (ARIHANTSUP) | $1.21 Billion | 26.91% | 4.02x | $125.28 Million |
| Arkade Developers Ltd (ARKADE) | $3.24 Billion | 37.99% | 0.78x | $229.52 Million |
| Art Nirman Limited (ARTNIRMAN) | $340.03 Million | -32.34% | 0.32x | $10.72 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $6.26 Billion | 6.64% | 2.36x | $302.41 Million |
| Ashima Limited (ASHIMASYN) | $-2.30 Billion | 0.00% | 0.00x | $32.52 Million |
| Valor Estate Limited (DBREALTY) | $34.46 Billion | 0.10% | 0.53x | $666.08 Million |
About Ashiana Housing Limited
Ashiana Housing Limited, through its subsidiaries, engages in the real estate development business in India. The company develops comfort, senior living, kid centric, elite, premium, and care homes. It also provides rental and resale services for properties; and operates hotels and clubs, which includes rooms, food and beverages, restaurant, banquets, and other allied services. The company was fo… Read more