Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q3 FY2025 Earnings Presentation
36 slides from Ashiana Housing's earnings presentation, Feb 12, 2025
Slide 1: Exchange submission letter
Date: 12th February 2025 To To The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Security Code No.: 523716 NSE Symbol: ASHIANA Sub
Slide 2: Investor Update Dec 2024
Investor Update Dec 2024 BHIWADI | GURUGRAM | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | NEEMRANA BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED. Happiness all around Going Extra Mile Transparency
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. 3
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. 4
Slide 6: Quarterly Highlights
Quarterly Highlights Value of Area Booked recorded at Rs 454.16 Crores (Q3FY25) vs Rs 173.89 Crores (Q3FY24) and Rs. 672.54 Crores in Q2FY25. Area Booked in Q2FY25 was higher due to launch of Ashiana Amarah Phase 4 in Gurugram. Q3FY25 had good bookings across projects. Average realization price
Slide 7: 9MFY25 Highlights
9MFY25 Highlights Value of Area Booked recorded at Rs 1,362.03 Crores (9MFY25) vs Rs 935.68 Crores (9MFY24), an upside of 45.56%, increase mainly due to area booked Rs. 503.68 of Ashiana Amarah Phase 4 and Rs. 218.68 of Ashiana Ekansh Phase 3 and 4. EAC at 16.11 lakhs square feet in 9MFY25 vs 13
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 8.00 7.29 7.00 6.77 Area booked at 6.77 lakh sq ft in Q3FY25 vs 3.35 6.01 6.00 lakh sq ft in Q3FY24 and 7.29 lakh sq ft in Q2FY25. 5.19 5.00 4.77 EAC at 5.19 Lakh sq ft in Q3FY25 vs 4.77 lakh sq ft 4.00 3.35 in Q3FY24 and 6.01 Lakh sq ft in Q2FY25 3.00 2.00 1.00 0.
Slide 9: Quarterly Financial Overview
Quarterly Financial Overview Q3FY24 Q2FY25 Q3FY25 189.25 139.93 120.42 78.18 59.53 53.83 27.80 10.89 (7.55) SALES AND OTHER INCOME PROFIT/(LOSS) AFTER TAX * PRE - TAX OPERATING CASH FLOWS Sales and Other income recorded at Rs.139.93 Crores in Q3FY25 vis a vis Rs 59.53 Crores in Q2FY25. PAT repor
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Equivalent Area Delivered Period Entity Value of Area Booked Area & Recognized Area Booked Constructed* for Revenue AHL 394.31 6.12 4.97 2.74 Q3FY25 Partnership 59.85 0.65 0.21 0.00 Total 454.16 6.77 5.19 2.74 AHL 672.54 7
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend (Area in Sq. Ft. ) Location Projects Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 AHL Neemrana Aangan Neemrana 1,450 - -460 - - 607 - Gurugram Anmol 69,121 59,177 37,964 6,679 7,313 3,411 - - Gurugram Amarah - 3,76,880 - - 3,76,880 - 2,94,880 57,085 Bhiwadi Tarang 42
Slide 12: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Sale Value of Area Equivalent Area Saleable Area Area Booked Amount Received Projects Phase Booked Constructed (Lakhs sq ft) (Lakhs sq ft) (INR Crores) (INR Crores) (Lakhs sq ft) Bhiwadi Tarang Phase 4B 0.76 0.76 28.41 20.87 0.56 Bhiwadi Tarang Pha
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. 12
Slide 14: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune Bhiwadi 14% 14% Jodhpur 3% Chennai Jamshedpur 8% 6% Jaipur 24% Gurgaon 31% © Ashiana Housing Limited, All Rights Reserved. 13
Slide 15: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Possession Saleable Area Area Booked Expected Customer Ownership Location Projects Phase Type Economic Interest Timeline as per (Lakhs sq ft) (Lakhs sq ft) Handover Date RERA AHL Bhiwadi Tarang Phase 4B Premium Homes 100% Ownership 0.76 0.76 Q3
Slide 16: Year wise Deliveries of Ongoing Projects
Year wise Deliveries of Ongoing Projects Unsold Sale Value of Area Saleable Area Area Unsold Value Total Value Expected Customer Year Location Projects Phase Booked (Lakhs sq ft) (Lakhs sq (INR Crores) (INR Crores) Handover Date (INR Crores) ft) Chennai Shubham Phase 4 2.46 115.57 0.00 0.00 115.57 S
Slide 17: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) Jodhpur Jodhpur 3% 2% Pune Pune Bhiwadi Jamshedpur 13% 11% Bhiwadi 19% 1% Jamshedpur 22% 5% Chennai 5% Jaipur 16% Chennai 16% Jaipur 39% Gurgaon Gurgaon 8% Q2FY25 40% Q3FY25 Jodhpur 3% Pune Bhiwadi 12% 7% Chennai Pune Jamshedpur Jodhpur 17% 5% 4% 3% Bhiwadi 31% Jamshedp
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Equivalent Area Lakhs Sq. ft. 23.44 17.39 8.16 7.68 9.85 11.66 16.20 16.73 20.68 Constructed* Area Booked Lakhs Sq. ft. 8.63 6.96 6.93 10.79 19.82 14.97 14.76 25.86 26.40 Value of Area Booked INR Lakhs 28,
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Equivalent Area Lakhs Sq. ft. 4.38 3.42 5.08 4.35 4.59 4.77 6.97 4.91 6.01 5.19 Constructed* Area Booked Lakhs Sq. ft. 4.90 9.03 8.59 6.53 5.92 3.35 10.60 4.43 7.29 6.77 Value of Area Bo
Slide 20: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 19
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Sales and Other Income INR Crores 334.92 350.63 317.55 259.31 233.59 425.19 966.52 Operating Expenditure INR Crores 266.92 303.37 316.84 241.11 230.71 379.41 847.22 EBITDA INR Crores 68.00 47.26 0.72 18.2
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Q3FY25 Sales and Other Income INR Crores 135.31 116.94 129.29 351.02 189.25 296.96 128.51 59.53 139.93 Operating Expenditure INR Crores 119.67 102.88 113.33 312.76 151.75 269.38 128.85 66.27
Slide 23: 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 24: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Tarang 6 and 7 100% Ownership 2.92 Bhiwadi Advik 3,4 & 5 100% Ownership 7.65 Jaipur Ekansh Plaza 77.25% Revenue Share 0.13 Jaipur One44 Plaza 77.40% Revenue Share 0.04 Jaipur Nitara 2, 3 and Plaza
Slide 25: Land available for Future Development
Land available for Future Development Estimated Estimated Location Land/ Project Name Saleable Area Proposed Development Area (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur* 40.63 31.00 Premium Homes/ Senior Living Gurugram Ashiana Aaroham (Sec 80, HSIIDC Land) 10.80 10.30 Kid Centric Homes Jaipur New Land
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Booked Unbooked Saleable Area Location Projects Phase Economic Interest Type Area Area (Lakhs sq ft) (Lakhs sq ft) (Lakhs sq ft) Bhiwadi Ashiana Town 1, 2, & 3 100% Ownership Kid Centric Homes 15.33 15.18 0.15 Bhiwadi Tarang 4A 100% Ownership Premium Homes 0.65 0.
Slide 27: Shareholding Pattern as on 31st Dec 2024
Shareholding Pattern as on 31st Dec 2024 Shareholding Pattern Institutional Holding above 1% Others Rank Fund / Institution No. of Shares % Holding 23.67% 1 India Capital Fund Limited 66,22,903 6.59% 2 SBI Contra Fund 77,05,353 7.67% Investor Education And 3 Protection Fund Authority 35,75,894 3.56%
Slide 28: 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 29: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 28
Slide 30: 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, Operation Gurugram, Pune and Chennai 302.91 lakhs
Slide 31: 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 32: 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 33: Accolades
Accolades Awards & Recognitions 2021 2022 2023 2024 • Bestowed with our 9th Bhamashah award for Shiksha • Ranked as India’s No. 1 • Ranked as India’s No. 1 • Received Bhamashah Award from the Govt. of Bhushan in recognition of our commitment to education in Rajasthan Senior Living Brand 4 Senior Liv
Slide 34: 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. 33
Slide 35: 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 36: 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