Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2023 Earnings Presentation
34 slides from Ashiana Housing's earnings presentation, Jun 30, 2022
Slide 1: For the Quarter ended 30th June 2022
For the Quarter ended 30th June 2022 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED.
Slide 2: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "p
Slide 3: Glossary
Glossary Saleable Area Total saleable area of the entire project corresponding to 100% economic interest of all parties Projects in respect of which (i) all title, development rights or other interest in the land is held either directly by our Company and/or our Subsidiaries and/or other entities in
Slide 4: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures © Ashiana Housing Limited, All Rights Reserved. 4
Slide 5: Highlights and Overview
Highlights and Overview 01 Highlights 02 Operational Overview 03 Financial Overview 04 Quarterly Performance 05 Cash Flow Position © Ashiana Housing Limited, All Rights Reserved. 5
Slide 6: Quarterly Highlights
Quarterly Highlights Villas launched in Tarang, Bhiwadi and Shops launched in Amantaran, Jaipur. Value of Area Booked recorded at INR 152.14 Crores (Q1FY23) vs INR 185.57 Crores (Q4FY22). Average realization went up to Rs 4557 per sq. ft. in Q1FY23 as compared to 4093 Rs per sq. ft. in Q4FY22.
Slide 7: Quarterly Operational Overview
Quarterly Operational Overview 6.00 5.07 5.00 4.53 4.00 3.85 Area booked was 3.34 Lakhs Sq. ft in Q1FY23 vs 3.34 4.53 Lakh Sq Ft in Q4 FY22 In Lakhs Sq. ft. 3.00 2.89 EAC was 3.85 lakhs Sq ft in Q1 FY23 vs. 5.07 Lakh Sq Ft in Q4 FY22 2.00 1.51 1.00 0.00 Equivalent Area Area Booked Constructed No
Slide 8: Quarterly Financial
Quarterly Financial 100 81.2 78.3 80 Sales and Other income increased to INR 60 81.2 Crores vis a vis INR 78.3 Crores in 38.0 40.4 40 Q4FY22 29.6 27.5 20 PAT was recorded at INR 10.3 Crores for 8.9 10.3 Q1FY23 vis a vis INR 8.9 Crores in Q4FY22 0 -6.3 *Pre-Tax Operating Cash Flow was at INR -2
Slide 9: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Period Entity Value of Area Equivalent Area Area Delivered & Area Booked Booked Constructed* Recognized for Revenue AHL 139.14 3.01 3.82 1.68 FY23 Quarter 1 Partnership 12.99 0.33 0.03 0.43 Total 152.14 3.34 3.85 2.11 AHL
Slide 10: Quarterly Sales Trend
Quarterly Sales Trend Project Location Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 AHL (Area in Sq. Ft. ) Aangan Neemrana Neemrana (690) 3,750 (1,199) 1,450 1,450 - - - Anmol Gurgaon 350 38,055 60,895 2,550 28,495 85,788 58,126 1,04,384 Tarang Bhiwadi 14,692 5,536 20,494 16,713 15,561 9
Slide 11: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Sale Value of Amount Equivalent Area Saleable Area Area Booked Entity Location Project Phase Area Booked Received Constructed * (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL AHL Bhiwadi Nirmay 4 2.09 1.72 64.67 28.13
Slide 12: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Equivalent Sale Value of Area Amount Saleable Area Area Booked Area Entity Booked Received (Lakhs Sq. ft.) (Lakhs Sq. ft.) Constructed* (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL 42.57 34.44 1,295.37 869.40 27.10 Partnership 0.00 0.00 0.00 0.00 0.00 Grand To
Slide 13: Ongoing Projects
Ongoing Projects 01 Geographical Presence 02 Ongoing Projects Summary 03 Break up of Area Booked Operational data - Yearly 04 - Quarterly © Ashiana Housing Limited, All Rights Reserved. 13
Slide 14: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Jaipur 47% Gurgaon 7% Pune 1% Bhiwadi 9% Chennai Jamshedpur 10% Jodhpur 23% 3% © Ashiana Housing Limited, All Rights Reserved. 14
Slide 15: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Expected Saleable Area Area Booked Timeline as per Location Project Phase Economic Interest Project Type Customer (Lakhs Sq. ft.) (Lakhs Sq. ft.) RERA** Handover Date Bhiwadi Nirmay 4 100% Senior Living 2.09 1.72 Q3FY25 Q3FY24 Bhiwadi Tarang 3
Slide 16: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 3% 4% 7% 23% 9% 5% 21% 6% 13% Q4 FY22 Q1 FY23 1% 33% 44% 31% 0% Bhiwadi Gurgaon Pune Bhiwadi Gurgaon Pune Neemrana Neemrana Jaipur Chennai Jamshedpur Jodhpur Gujarat Jaipur Chennai Jamshedpur Jodhpur 6% 0% 11% 0% 7% 12% 6% 27% 11% 20% 10% Q3 FY22 Q2 FY22 6% 1% 0% 43% 40
Slide 17: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Equivalent Area Lakhs Sq. ft. 17.87 22.8 23.44 17.39 8.16 7.68 9.85 11.66 16.20 Constructed* Area Booked Lakhs Sq. ft. 22.13 18.12 8.63 6.96 6.93 10.79 19.82 14.97 14.76 Value of Area INR Lakhs 64,756 54,7
Slide 18: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Equivalent Area Lakhs Sq. ft. 3.01 3.54 3.90 2.89 4.50 3.73 5.07 3.85 Constructed* Area Booked Lakhs Sq. ft. 2.29 3.57 8.30 1.51 4.51 4.21 4.53 3.34 Value of Area Booked INR Lakhs 7,605 13,157 29,969
Slide 19: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 19
Slide 20: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Sales and Other Income INR Crores 542.67 397.02 334.92 350.63 317.55 259.31 233.59 Operating Expenditure INR Crores 385.47 291.00 266.92 303.37 316.84 241.11 230.71 EBITDA INR Crores 157.20 106.02 68.00 4
Slide 21: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Sales and Other Income INR Crores 38.19 50.05 89.71 81.36 40.43 60.69 54.19 78.28 81.22 Operating Expenditure INR Crores 36.98 49.24 71.23 83.66 44.10 63.33 55.08 68.19 61.03 EBITDA I
Slide 22: Future Outlook
Future Outlook 01 Future Projects Summary Land available for Future 02 Development Completed Projects having 03 Inventory © Ashiana Housing Limited, All Rights Reserved. 22
Slide 23: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 4(b) ,5 & 6 100% 6.86 Bhiwadi Ashiana Advik All Phases 100% 14.11 Bhiwadi Ashiana Nirmay 5 100% 0.30 Jaipur Ashiana Umang 6 100% 2.12 Gurgaon Ashiana Anmol 3 65% of Revenue 4.50 Gurg
Slide 24: Land available for Future Development
Land available for Future Development Estimated Estimated Area Location Land/ Project Name Saleable Area Economic Interest Proposed Development (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur 40.63 31.00 100% Premium Homes*/ Senior Living 80% Revenue Pune Varale Land 11.93 8.95 Senior Living Share 85% Reven
Slide 25: Completed Projects having Inventory
Completed Projects having Inventory Area Booked & Area Recognised For Unbooked Saleable Area Booked Area Unrecognised For Location Projects Phase Share in Project Type Revenue Area (Lakhs Sq. ft.) (Lakhs Sq. ft.) Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 1,2 & Pl
Slide 26: Shareholding Pattern as on 30th June 2022
Shareholding Pattern as on 30th June 2022 Shareholding Pattern Institutional Holding above 1% Shareholding Pattern as on 30th June, 2022 Others 23.98% Rank Fund / Institution No. of Shares % Holding FII & FPI 7.49% Promoter & 1 India Capital Fund Limited 72,40,964 7.07% Promoter Group ICICI Prudenti
Slide 27: For Any Queries, Contact
investorrelations@ashianahousing.com For Any Queries, Contact +91 11 4265 4265 Regd. Office: 11G Everest, 46/C, Chowringhee Road, Kolkata - 700 071. West Bengal, India. Ph: 033-4037860 Head Office: 304, Southern Park, Saket District Centre, Saket, New Delhi – 110017 Ph : 011-4265 4265 © 2020 Ashiana
Slide 28: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 28
Slide 29: About Ashiana
About Ashiana Incorporation / 1979 in Patna, New Delhi Headquarters Industry Real Estate with focus on residential apartments Business Premium Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, South Operation of Gurgaon (Sohna), Lavasa, Halol,
Slide 30: Business Model
Business Model In house end-to-end construction capabilities – Ensure higher control over cost and quality High quality in-house and flexibility in execution construction Focus on use of high quality and efficient construction methodologies & techniques to help reduce time and cost Instead of broker
Slide 31: Accolades
Accolades Awards & Recognitions 2010 2011 2012 2013 2014 2015 • Rated by FORBES’ among • Ashiana Aangan, • Received Bhamashah award • Awarded as Realty Giants • CNBC Awaaz • Ashiana Aangan Bhiwadi Asia's 200 Best Under a Bhiwadi awarded as for Contribution made in the North India by Realty Kings fel
Slide 32: Abbreviations
Abbreviations Sq. ft.: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax EBITDA: Earning before Interest, Tax, Depreciation and Amortization TCI: Total Comprehensive Income © Ashiana Housing Limited, All Rights Reserved. 32
Slide 33: Glossary
Glossary Saleable Area Total saleable area of the entire project corresponding to 100% economic interest of all parties Projects in respect of which (i) all title, development rights or other interest in the land is held either directly by our Company and/or our Subsidiaries and/or other entities in
Slide 34: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "p