Ashiana Housing Limited (ASHIANA) - Net Assets

Latest as of December 2025: Rs8.47 Billion INR ≈ $91.63 Million USD

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 asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Ashiana Housing Limited assets under control for the complete picture of this company's asset base.

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
Curexo Inc KQ:060280	$372.54 Million
Xuancheng Valin Precision Technology Co Ltd SHG:603356	$372.68 Million
Bafang Yunji Intl Co Ltd TW:2753	$372.69 Million
Saratoga Investment Corp NYSE:SAR	$372.72 Million
BlackRock TCP Capital Corp NASDAQ:TCPC	$372.45 Million
Shenzhen Wenke Landscape Co Ltd SHE:002775	$372.43 Million
Guangdong Jialong Food Co Ltd SHE:002495	$372.40 Million
Anhui Chaoyue Environmental Protection Technology Co. Ltd. SHE:301049	$372.39 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: 4.40x
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 126.84x to 4.40x 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	Rs342.65	x
2007-03-31	Rs3.58	Rs342.65	x
2008-03-31	Rs7.49	Rs342.65	x
2009-03-31	Rs10.65	Rs342.65	x
2010-03-31	Rs14.35	Rs342.65	x
2011-03-31	Rs18.80	Rs342.65	x
2012-03-31	Rs25.77	Rs342.65	x
2013-03-31	Rs28.81	Rs342.65	x
2014-03-31	Rs30.57	Rs342.65	x
2015-03-31	Rs55.41	Rs342.65	x
2016-03-31	Rs63.56	Rs342.65	x
2017-03-31	Rs70.61	Rs342.65	x
2018-03-31	Rs74.82	Rs342.65	x
2019-03-31	Rs76.38	Rs342.65	x
2020-03-31	Rs73.25	Rs342.65	x
2021-03-31	Rs73.35	Rs342.65	x
2022-03-31	Rs71.91	Rs342.65	x
2023-03-31	Rs74.22	Rs342.65	x
2024-03-31	Rs76.12	Rs342.65	x
2025-03-31	Rs77.90	Rs342.65	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: $6,168,784,533
Average return on equity (ROE) among peers: 3.75%

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	$372.51 Million
Ajmera Realty & Infra India Limited (AJMERA)	$13.23 Billion	9.52%	0.70x	$264.54 Million
Amj Land Holdings Limited (AMJLAND)	$1.15 Billion	6.52%	1.03x	$17.89 Million
Ansal Properties & Infrastructure Limited (ANSALAPI)	$2.63 Billion	-53.33%	31.00x	$6.43 Million
Arihant Superstructures Limited (ARIHANTSUP)	$3.18 Billion	23.52%	2.76x	$129.05 Million
Arkade Developers Ltd (ARKADE)	$3.24 Billion	37.99%	0.78x	$236.65 Million
Art Nirman Limited (ARTNIRMAN)	$449.80 Million	1.82%	2.07x	$12.02 Million
Arvind SmartSpaces Limited (ARVSMART)	$2.65 Billion	11.57%	1.93x	$306.52 Million
Ashima Limited (ASHIMASYN)	$2.21 Billion	-1.53%	0.34x	$33.08 Million
Valor Estate Limited (DBREALTY)	$26.78 Billion	-2.31%	1.43x	$607.53 Million

About Ashiana Housing Limited

NSE:ASHIANA India Real Estate - Development

Market Cap

$372.51 Million

Rs34.44 Billion INR

Market Cap Rank

#14016 Global

#665 in India

Share Price

Rs342.65

Change (1 day)

+0.75%

52-Week Range

Rs251.80 - Rs363.15

All Time High

Rs450.11