Ashiana Housing Share Price Target 2027: Base and Bull Targets Built on FY26 Earnings

Investors weighing an Ashiana Housing target price for 2027 should start with where the stock sits today. At Rs 368.60 on 9 October 2026, it is 15.4% below its 52-week high of Rs 435.90 and 36.8% above its 52-week low of Rs 269.45. That range spans 62% from low to high, so the entry point matters as much as the Ashiana Housing price forecast itself.

This article builds the Ashiana Housing share price target from reported numbers only: four years of annual results, the last five quarters, the latest shareholding pattern and current valuation ratios from company filings and exchange data. Each scenario shows its assumptions, so you can see exactly how the Rs 445 base case and the Rs 534 bull case were reached, along with a downside risk level of Rs 297.

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Ashiana Housing Stock Analysis: Company Overview and Key Stats

Ashiana Housing (NSE: ASHIANA) has a market capitalisation of Rs 3,732 crore. In FY26 it reported revenue of Rs 1,187 crore and net profit of Rs 117.89 crore. The table collects the figures the Ashiana Housing share price target is built on.

Metric	Value
Company	Ashiana Housing
NSE Ticker	ASHIANA
CMP (9 October 2026)	Rs 368.60
52-Week High	Rs 435.90
52-Week Low	Rs 269.45
Market Cap	Rs 3,732 crore
PE Ratio (TTM)	31.55
Industry PE	32.08
Price to Book	4.27
Return on Equity	13.55%
Debt to Equity	0.35
EPS (TTM)	Rs 11.77
Dividend Yield	0.40%
12-Month Base Target	Rs 445
Bull Case	Rs 534
Downside Risk Level (not a target)	Rs 297

Why Is Ashiana Housing Share Price Target Set at Rs 445 for 2027?

The base-case Ashiana Housing stock target of Rs 445 applies a PE multiple of 31.55 to a forward EPS estimate of Rs 14.12. That EPS assumes 20.0% yearly growth, the pace from FY24 to FY26, and puts the target 20.7% above the current price. The bull case adds faster earnings growth and a higher multiple, while the downside risk level assumes flat earnings and a lower multiple.

Earnings Growth Behind the Ashiana Housing Target Price: Four Years of Results

Ashiana Housing grew revenue from Rs 425.19 crore in FY23 to Rs 1,187 crore in FY26, a compound annual growth rate of 40.8%. Net profit grew faster, from Rs 27.88 crore to Rs 117.89 crore (61.7% a year), which shows margin gains did part of the work and not just higher sales.

Financial Year	Revenue (Rs Cr)	Net Profit (Rs Cr)	EPS (Rs)	Dividend per Share (Rs)
FY23	425.19	27.88	2.81	0.50
FY24	966.52	83.40	8.33	1.50
FY25	557.45	18.24	1.88	1.50
FY26	1,187.43	117.89	11.99	1.50

FY26 revenue growth was 113.0%, faster than the three-year average of 40.8%, and net profit moved up 546.3%. EPS rose from Rs 8.33 in FY24 to Rs 11.99 in FY26. The FY27 outlook depends on whether that EPS estimate keeps compounding.

Margins and the Latest Quarter

Ashiana Housing converted 9.9% of FY26 revenue into net profit, against 3.3% in FY25, within a four-year range of 3.3% to 9.9%. EBITDA margin was 14.6% in FY26 versus 7.4% in FY25.

In the June 2026 quarter, revenue was Rs 119.75 crore, down 60.4% from the same quarter a year earlier, while net profit of Rs 13.11 crore was up 3.1%. EBITDA came in at Rs 19.85 crore, down 8.9% year on year. The next quarterly result is the first test of whether the earnings assumption holds.

Balance Sheet and Cash Flow

Debt to equity stands at 0.35, and shareholders' equity grew from Rs 759.70 crore in FY23 to Rs 859.47 crore in FY26. Operating cash flow in FY26 was Rs 342.19 crore against capital expenditure of Rs 28.17 crore, leaving free cash flow of Rs 314.02 crore, or 8.4% of the current market capitalisation. In FY25 free cash flow was Rs 193.86 crore.

Valuation Check for the Ashiana Housing Stock Target: PE, Price to Book and ROE

At a PE of 31.55 against an industry PE of 32.08, Ashiana Housing trades in line with its industry. Price to book is 4.27 on a book value of Rs 86.86 per share, and return on equity is 13.55%. A PE of 31.55 equals an earnings yield of 3.2%, and the FY26 dividend of Rs 1.50 per share gives a yield of 0.40%.

Shareholding Pattern and Institutional Holding

Promoters held 61.11% of Ashiana Housing in September 2026, and promoter holding has stayed near 61.11% since September 2025. Foreign institutional investors (FII) held 8.12% and domestic institutions (DII) held 8.07%, which puts total institutional holding at 16.19%. FII holding rose from 7.87% in September 2025 to 8.12% in September 2026. Public shareholders own the remaining 22.70%. A meaningful institutional holding adds a layer of research coverage and trading depth.

Ashiana Housing Share Price Targets for the Short Term and 12 Months

Short Term Ashiana Housing Stock Target Levels: Technical Setup

At Rs 368.60 on 9 October 2026, Ashiana Housing trades below its 50-day simple moving average of Rs 371.67 and above its 200-day exponential moving average of Rs 351.48. The 14-day RSI reads 56.5, which is neutral territory, and the MACD line sits below its signal line. The nearest resistance level is Rs 371.67 (50-day simple moving average) and the nearest support is Rs 351.48 (200-day exponential moving average). A sustained move above Rs 371.67 would improve the short-term setup, while a close below Rs 351.48 would shift attention to the next support.

12 Month Ashiana Housing Target Price for 2027

The 12-month target for Ashiana Housing is Rs 445: forward EPS of Rs 14.12 at a PE of 31.55. That is 20.7% above Rs 368.60. It would also push the stock above its 52-week high of Rs 435.90.

How EPS Growth and PE Multiple Change the Ashiana Housing Target Price

EPS Growth	PE 25.24	PE 31.55	PE 36.28
0.0% (EPS Rs 11.77)	Rs 297	Rs 371	Rs 427
20.0% (EPS Rs 14.12)	Rs 356	Rs 445	Rs 512
25.0% (EPS Rs 14.71)	Rs 371	Rs 464	Rs 534

Each cell multiplies the forward EPS estimate by the PE shown. Reading across a row shows what a de-rating or re-rating does to the Ashiana Housing price forecast, and reading down a column shows what earnings growth is worth at a fixed multiple.

Bull Case and Downside Risk for Ashiana Housing Stock Target in 2027

Bull Case Rs 534

The bull case Ashiana Housing price target needs EPS growth of 25.0%, which lifts forward EPS to Rs 14.71, and a PE multiple that rises 15% to 36.28. That gives Rs 534, 44.9% above the current price and above the 52-week high of Rs 435.90, so the stock would have to set a fresh 52-week high.

Downside Risk Level Rs 297

The downside risk level is not a target. It assumes EPS stays flat at Rs 11.77 and the PE falls 20% to 25.24. That gives Rs 297, 19.4% below the current price and above the 52-week low of Rs 269.45.

Scenario	EPS Growth	PE Multiple	Price (Rs)	Change vs CMP
Bull Case	25.0%	36.28	Rs 534	+44.9%
Base Case	20.0%	31.55	Rs 445	+20.7%
Downside Risk	0.0%	25.24	Rs 297	-19.4%

Key Risks to the Ashiana Housing Target Price for 2027

Growth Slowdown Risk for the Ashiana Housing Price Target

Revenue in the June 2026 quarter was down 60.4% year on year, and FY26 revenue growth was 113.0%. A fall in sales would make the EPS growth behind the Ashiana Housing stock target harder to reach.

Liquidity and Size Risk

Ashiana Housing has a market capitalisation of Rs 3,732 crore. Institutional holding is 16.19%, and promoters hold 61.11%. Stocks of this size can move sharply on small volumes, and exits can take longer than entries.

Valuation and Margin Risk

Net margin was 9.9% in FY26, so a small slip in costs moves profit noticeably. At a PE of 31.55 versus an industry PE of 32.08, a de-rating toward the downside-risk PE of 25.24 would cut the price even if earnings hold.

Market and Technical Risk

The stock trades 15.4% below its 52-week high, with an RSI of 56.5 and a MACD reading below its signal line. Broader market weakness can override company fundamentals in the short term.

How to Invest in Ashiana Housing

Start with the live price and volume. Any Ashiana Housing share price target is only as current as the data behind it, and the data here is as of 9 October 2026, so refresh the Rs 368.60 price before acting on any level.

Next, review the fundamentals yourself. The Univest Screener lets you check Ashiana Housing's PE, ROE, debt and shareholding in one place.

Check Ashiana Housing fundamentals on the Univest Screener

Then compare the three Ashiana Housing target price scenarios with your own view. If you expect EPS growth below 20.0%, the base case is too optimistic for you; if you expect more, the bull case deserves weight.

Decide your position size and exit levels before you buy. The support and resistance levels above can serve as reference points, but they are not recommendations.

Finally, place the order through a SEBI-registered broker or the Univest app, and review the position after each quarterly result. Consult a SEBI-registered advisor if you are unsure.

Download the Univest iOS App or Univest Android App to track Ashiana Housing live price and get daily stock recommendations.

Conclusion

The Ashiana Housing share price target for 2027 is Rs 445 in the base case, with Rs 534 as the bull case. The support for that view is arithmetic you can check: EPS grew 20.0% a year over FY24 to FY26, and the stock trades at a PE of 31.55. The risks are equally concrete, including a stock that sits 15.4% below its 52-week high and a downside scenario that cuts the price 19% if earnings stall. Use these numbers as a framework, check them against the latest filings, and size any position to your own risk appetite.

FAQs on Ashiana Housing Share Price Target 2027

What is the Ashiana Housing share price target for 2027?

Ans. The base-case Ashiana Housing share price target for 2027 is Rs 445, with Rs 534 as the bull case. The downside risk level, which is not a target, is Rs 297. These are model estimates from reported earnings and the current PE, not guaranteed outcomes.

What is the Ashiana Housing share price today?

Ans. As of 9 October 2026, 12:52 PM IST, Ashiana Housing trades at Rs 368.60, down 0.98% on the day. The 52-week range is Rs 269.45 to Rs 435.90.

Is Ashiana Housing a buy or sell at the current price?

Ans. The data is mixed rather than one-sided: EPS has grown 20.0% a year over FY24 to FY26, but the stock is 15.4% below its 52-week high. Whether Ashiana Housing fits your portfolio depends on your time horizon and risk appetite, so consult a SEBI-registered advisor before investing. This article is not investment advice.

What are the bull case target and downside risk level for Ashiana Housing shares?

Ans. The bull case target is Rs 534, which assumes 25.0% EPS growth and a PE of 36.28. The downside risk level is Rs 297, which assumes flat EPS and a PE of 25.24. It marks a risk, not a target.

What are the main risks to the Ashiana Housing price target?

Ans. The main risks are slower revenue growth, a small market capitalisation of Rs 3,732 crore, a PE de-rating and short-term weakness in the broader market. Each is covered in the risk section above.

What is the PE ratio of Ashiana Housing and how does it compare with the industry?

Ans. The PE ratio of Ashiana Housing is 31.55 against an industry PE of 32.08. Price to book is 4.27 and return on equity is 13.55%. The base case in the Ashiana Housing price target holds this PE constant.

Who owns Ashiana Housing, and what is the promoter holding?

Ans. Promoters held 61.11% of Ashiana Housing in September 2026. FII held 8.12%, DII held 8.07% and the public held 22.70%.

What were Ashiana Housing's latest quarterly results?

Ans. In the June 2026 quarter, Ashiana Housing reported revenue of Rs 119.75 crore (down 60.4% year on year) and net profit of Rs 13.11 crore (up 3.1%).