ASHIANA Q3 FY26 Guidance vs Delivery (ASHIANA Management Mirror)

Did ASHIANA's management deliver what it guided? Guidance vs actual performance and tone changes across recent earnings calls, as of the Q3 FY26 (Dec-2025 Qtr) concall.

Ashiana Housing Ltd (ASHIANA) Q3FY26 Management Mirror - Dec-2025 Qtr

Pre-Sales & Revenue Outlook

Reaffirmed FY26 pre-sales target of 2,000 crores in Dec'25 Qtr, consistent with the Sep'25 Qtr guidance. Management anticipates FY26 pre-sales to be similar to the current year's performance.

Modified long-term revenue visibility. In Jun'25 Qtr, management guided for cumulative revenue of 10,000–12,000 crores (FY26–FY30). By Sep'25 Qtr, this visibility was refined to approximately 11,000 crores in total revenue potential up to FY30.

Reaffirmed sustainable sales run-rate expectations in Sep'25 Qtr at 300–400 crores per quarter, viewing this as achievable even without major new launches.

3 more themes on the ELITE plan.