Tipsheet
What matters at India’s listed companies
Earnings · Real Estate · Small cap

Ashiana targets ₹6,500 cr in senior living after record bookings.

The developer's FY26 pre-sales hit ₹2,421 cr. Now it's pushing a ₹6,500 cr pipeline into senior housing, starting with five new projects.

1 earlier story on Ashiana Housing Ltd.
Mkt cap₹3,876 cr
P/E32.88×
ROE2.39%
Debt / eq.0.34
Div yld0.39%
₹2,421 cr Highest-ever annual booking value for FY26.

What's new

  • FY26 pre-sales of ₹2,421 cr are a record for the company.
  • FY27 target is ₹2,200 cr in pre-sales with 20%+ reported ROE.
  • Five new senior living projects with ₹6,500 cr GDV to launch in 12-24 months.

Why this matters

Ashiana is staking its next growth cycle on senior living, a niche it's scaling aggressively. The ₹6,500 cr pipeline is almost three times its record annual booking value, signalling a significant strategic bet.

What we're watching

  • Execution on the five new senior living launches over the next two years.
  • Whether FY27 bookings meet the ₹2,200 cr target after a record year.
  • Margin trajectory as the mix shifts toward new, larger developments.

The full read

Ashiana Housing's ₹2,421 cr FY26 bookings were a company record. The forward guidance is where the real story is. Management has outlined a ₹6,500 cr senior living pipeline, five new projects to launch over the next 12-24 months. That pipeline is nearly three times the scale of its record year, making the senior housing bet the dominant narrative for FY27 and beyond. The plan includes a 28.5-acre land acquisition in Maharashtra for a single project with an estimated ₹1,800-2,000 cr GDV. The FY27 pre-sales target is ₹2,200 cr, slightly below this year's actuals, which is a conservative baseline for an aggressive expansion. The ROE target is 20%+.

Questions answered

What was Ashiana's record FY26 booking value?
The company reported its highest-ever annual booking value of ₹2,421 crores for FY26.
How large is the planned senior living expansion?
Ashiana plans to launch five new senior living projects across Chennai, Bangalore, and the Mumbai-Pune region with a combined gross development value of ₹6,500 crores. This is to be executed over the next 12-24 months.
What is the specific land acquisition for this push?
The company acquired 28.5 acres in Vadgaon, Maharashtra, for a senior living project with an estimated GDV of ₹1,800-2,000 crores.
What are the financial targets for FY27?
Management set a pre-sales target of ₹2,200 crores for FY27 and is targeting a reported return on equity of 20% or more.
Mentioned: ₹6,500 cr GDV pipeline · ₹2,200 cr FY27 target · 28.5 acres Vadgaon, Maharashtra
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Ashiana Housing Ltd.

Real Estate
₹3,757 cr
P/E 31.87×

Latest quarter · Mar 2026

Sales₹323 cr
Net profit₹21 cr
Op. margin+6.3%
EPS₹2.09

Strength & growth

Debt / equity0.34×
Current ratio1.37×
Sales CAGR+8.2%
EPS CAGR−1.1%
  1. 4 Jun 2026 · 10:59 AM IST Ashiana targets ₹6,500 cr in senior living after record bookings.
  2. 1d ago Ashiana converts 224 Jaipur units to ₹372 cr firm bookings