Slide 1: Investor Update Q2 FY22 cover letter to exchanges
a ALVIND SMALTSPACES www.arvindsmartspaces.com 12'" November, 2021 To, To, BSE Limited National Stock Exchange of India Limited Listing Dept. / Dept. of Corporate Services, Listing Dept., Exchange Plaza, 5‘ Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Bandra-Kurla Complex, Dalal Street,
Slide 2: Arvind SmartSpaces Information Update – Q2FY22
Arvind SmartSpaces Information Update – Q2FY22
Slide 3: Key Updates – Q2FY22
Key Updates – Q2FY22 • Q2FY22 Rs. 184 Cr vs Rs. 156 Cr in Q2FY21 (17% Growth) Fresh Sales • H1FY22 Rs. 293 Cr vs Rs. 178 Cr in H1FY21 (65% Growth) Unrecognised • Rs. 955 Cr as on September 30, 2021 vs Rs. 562 Cr as on September 30, 2020 Revenue Fresh Sales Unrecognized Revenue (INR Cr.) 200 184 1,20
Slide 4: Key Updates – Q2FY22
Key Updates – Q2FY22 • Strong collections ~Rs. 161 Cr during Q2FY22 vs Rs. 67 Cr in Q2FY21 and ~ Rs. 280 Collections Cr during H1FY22 vs. 88 Rs. Cr Net Interest bearing funds as on Sept 30, 2021 is Rs. 26 Cr (vs Sept-20 Rs. 217 Cr) Net Debt reduction by Rs. 50 Cr during Q2 (66% reduction) Net Intere
Slide 5: Strategic partnership
Strategic partnership Strategic Partnership With HDFC Capital Advisors 1 80/20 venture between Company and H-CARE with SPV entity for mid-market/affordable housing development in 2019 2 Platform Investment done by H-CARE-I, First project acquired at Bangalore 3 Provides patient capital to the Compan
Slide 6: Investment in New Project – Sarjapur, Bangalore
Investment in New Project – Sarjapur, Bangalore Overview: • Signed a binding agreement for an 18 acre land parcel located on the Sarjapur Bagalur road • Marks our entry into the Sarjapur micro-market • The deal is signed on a revenue share basis with 65% revenue share Market Attractiveness: • Sarjap
Slide 7: Key Updates – Q2FY22
Key Updates – Q2FY22 Sales and New • Strong Sales momentum continues • Forreste – total 7.7 lacs sq ft area added with Phase 4 Launches during the • Chirping Woods launched with freshness hit the market consisting of 6.3 Half Year lacs sq ft area • Till date completed and handed over 10 projects mea
Slide 8: Consolidated Financials – Q2FY22
Consolidated Financials – Q2FY22 Revenue EBITDA PBT PAT Rs. 25.7 Cr during Rs. 6.8 Cr during Rs. 3.4 Cr during Rs. 2.7 Cr during Q2 FY22 as against Q2 FY22 as against Q2 FY22 as against Q2 FY22 as against Rs. 29.8 Cr in Rs. 9.1 Cr in Rs. 2.1 Cr in Rs. 2.0 Cr in Q2FY21 Q2FY21 Q2FY21 Q2FY21 Revenue do
Slide 9: Consolidated Financials – H1FY22
Consolidated Financials – H1FY22 Revenue EBITDA PBT PAT Rs. 52.7 Cr during Rs. 15.0 Cr during Rs. 6.4 Cr during Rs. 5.2 Cr during H1 FY22 as against H1 FY22 as against H1 FY22 as against H1 FY22 as against Rs. 40.3 Cr in Rs. 11.8 Cr in Rs. -2.6 Cr in Rs. -2.9 Cr in H1FY21 H1FY21 H1FY21 H1FY21 Revenu
Slide 10: Fresh Bookings – Q2 FY22
Fresh Bookings – Q2 FY22 Q2FY21 Q2FY22 Project wise Rs. Cr Rs. Cr Uplands 29 74 High Grove 56 4 Chirping Woods - 9 Forreste 43 37 Skylands 12 16 Belair 10 21 Oasis 7 17 The Edge 1 (1) Aavishkaar (1) 5 Elan (2) - Other Completed Projects (1) - Total 156 183 Collections during Q2FY22 amounts to Rs. 16
Slide 11: Fresh Bookings – H1 FY22
Fresh Bookings – H1 FY22 Fresh bookings Rs. Cr H1 FY21 H2 FY22 600 Project wise 529 Rs. Cr Rs. Cr 500 Uplands 9 117 CAGR 49% 400 High Grove 56 10 286 300 277 Chirping Woods - 36 Forreste 60 54 200 91 113 Skylands 18 21 100 73 Belair 21 22 0 Oasis 11 22 FY16 FY17 FY18 FY19 FY20 FY21 The Edge 6 (1) Aa
Slide 12: Financial Performance
Financial Performance Q2 FY22 H1 FY22 Q2 FY22 (Rs. Cr) H1 FY22 (Rs. Cr) Particulars Particulars PY CY Growth % PY CY Growth % Revenue 29.8 25.7 -14% Revenue 40.3 52.7 31% EBITDA 9.1 6.8 -25% EBITDA 11.2 15.0 EBITDA % 30% 26% EBITDA % 28% 29% Finance Cost 6.9 5.0 Finance Cost 13.7 11.2 PBT 2.1 3.4 PB
Slide 13: Balance Sheet (abridged)
Balance Sheet (abridged) Liabilities Assets As on As on As on As on Amount in Rs. Cr Amount in Rs. Cr Mar 31, 2021 Sept 30, 2021 Mar 31, 2021 Sept 30, 2021 Equity and liabilities ASSETS Share Capital 35.6 35.6 Fixed Assets 48.4 50.0 Reserves and Surplus 275.8 298.3 Non-Current Financial 67.6 78.4 Sh
Slide 14: Debt Profile and Lenders
Debt Profile and Lenders Amount in Rs. Cr 31-Mar-2021 30-Jun-2021 30-Sept-2021 Gross Debt* 177 147 96 Net Interest bearing funds 138 76 26 Net Interest bearing funds to Equity 0.46 0.25 0.08 Net Interest bearing funds comes down by Rs. 50 Cr in a quarter (66% reduction) The above statement does
Slide 15: Performance of Scrip (since Listing)
Performance of Scrip (since Listing) Performance of Scrip (since Listing) 500 450 400 350 300 250 200 150 100 50 0 Feb-16 Feb-17 Feb-18 Feb-19 Feb-20 Feb-21 Aug-17 Aug-18 Aug-19 Aug-15 Aug-16 Aug-20 Aug-21 Oct-16 Oct-17 Oct-18 Oct-21 Oct-15 Oct-19 Oct-20 Dec-16 Dec-17 Dec-18 Dec-20 Dec-15 Dec-19 Apr
Slide 16: Shareholding Pattern (%)
Shareholding Pattern (%) Category 31-Mar-2021 30-Jun-2021 30-Sept-2021 Promoter and 58.66% 56.88% 56.88% Promoter Group Foreign Institutional 0.03% 0.05% 0.05% Investors(FIIs) 42.76%, Public Mutual Funds 0.00% 0.00% 0.00% 56.88%, Promoter and Insurance Companies 3.73% 0.31% 0.01% Promoter 0.00%, Mut
Slide 17: Completed Projects
Completed Projects Skylands Sporcia Expansia Alcove 4.9 Lakh Sq. Ft. 5.0 Lakh Sq. Ft. 1.4 Lakh Sq. Ft. 10.3 Lakh Sq. Ft. Megatrade MegaEstate MegaPark Citadel 0.8 Lakh Sq. Ft. 0.6 Lakh Sq. Ft. 5.0 Lakh Sq. Ft. 1.0 Lakh Sq. Ft.
Slide 18: Ongoing Projects
Ongoing Projects 56.0 Lakh Sq. Ft. ~58 Lakh Sq. Ft. ~50 Lakh Sq. Ft. 5.5 Lakh Sq. Ft. 1.3 Lakh Sq. Ft. 4.7 Lakh Sq. Ft. 1.7 Lakh Sq. Ft. 5.5 Lakh Sq. Ft.
Slide 19: Quarterly Synopsis
Quarterly Synopsis Amount Revenue Area Booked Units Booked Sales Value Projects Collected in Q2 Recognized in Q2 in Q2 FY22 in Q2 FY22 for Q2 FY22 FY22 FY22 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 24,322 23 1,621 1,586 1,570 Uplands ONE 1,00,755 6 2,773 1,527 347 Oasis 30,248 24 1,662
Slide 20: Half Yearly Synopsis
Half Yearly Synopsis Amount Revenue Area Booked Units Booked Sales Value for Collected in Recognized in Projects in YTD FY22 in YTD FY22 YTD FY22 YTD FY22 YTD FY22 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 30,664 29 2,103 3,074 3,322 Uplands ONE 1,09,305 7 3,147 4,126 952 Oasis 40,723 3
Slide 21: Total Saleable Area - Overview
Total Saleable Area - Overview Status Type Total Saleable Area (Sq. Ft.) A. Completed Residential 3,182,980 Commercial 82,526 Industrial 560,402 A. Completed Total 3,825,908 B. Ongoing Residential 14,776,199 Commercial 168,224 B. Ongoing Total 14,944,423 C. Planned Residential 5,101,216 Grand Total
Slide 22: Project Details
Project Details Estimated Status City Project Type Structure Economic Interest Total Completion Date A. Completed Ahmedabad Alcove Residential Owned 100% Complete 1,032,660 Citadel Residential Owned 100% Complete 101,859 Megaestate Industrial Owned 100% Complete 59,180 Megapark Industrial JD 100% Co
Slide 23: Completed Projects
Completed Projects Average Booking Revenue Total Saleable Booked Unsold Collections Price (Price Project Value Recognized (Sqft) (Sqft) Inventory (Sqft) (Rs Cr) till date) (Rs Cr) (Rs. Cr) Rs. / Sq ft Alcove 1,032,660 984,150 48,510 25 25 25 251 Citadel 101,859 101,859 0 55 55 55 5,407 Expansia 140,
Slide 24: Ongoing Projects
Ongoing Projects Average Booking Revenue Total Saleable Booked Unsold Collections Price (Price Project Value Recognized (Sqft) (Sqft) Inventory (Sqft) (Rs Cr) till date) (Rs Cr) (Rs. Cr) Rs. / Sq ft Aavishkar 545,524 299,121 246,403 78 - 44 2,601 Belair 469,620 132,866 336,754 73 - 22 5,485 Chirping
Slide 25: Estimated Operating Cash Flow
Estimated Operating Cash Flow Estimated Total Est. Booking Balance Cost to Est. Operating Rs. Cr Receivables Value of Sales Value Value be Incurred* Cash Flow Inventory Ahmedabad Completed 424 398 0 27 13 14 Ongoing 1,890 1,137 487 753 819 421 Yet to be launched 752 0 0 752 548 204 Ahmedabad Total 3
Slide 26: Projects
Projects
Slide 27: Uplands
Uplands Location: Nasmed Village, Gandhi Nagar Product: Premium golf based township Project Size: 180 Villas Phase I, 45 Villas Phase II – Overall 56 Lakh Sq. Ft. Deal Structure: Joint Development Architect: Woods Bagot Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Squ
Slide 28: Uplands
Uplands
Slide 29: Uplands
| Uplands AFVIAD SMAFTSPACES
Slide 30: Uplands ClubHouse
| Uplands ClubHouse ALVIND SMATSPACES
Slide 31: Uplands ClubHouse
Uplands ClubHouse ALVIND SMALFTSPACES + ann a im am
Slide 32: Skylands
Skylands Location: Jakkur Road, Shivanahalii,Bengaluru Product: High rise Residential Apartments Project Size: 417 Units – 4.9 Lakh Sq. Ft. Deal Structure: Outright Purchase Architect: Apurva Amin Features: Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing d
Slide 33: Skylands
ACVIND SMALTSPACES Skylands
Slide 34: Aavishkaar
Aavishkaar Location : Naroda Road, Ahmedabad Product : Affordable Residential Apartments Project Size : 574 Units – 5.5 Lakh Sq. Ft. Deal Structure : Development Agreement Rera Number : PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02798/A1R/110219 Architect : Vitan (Jagrut & Partners LLP) Fe
Slide 35: Aavishkaar
Aavishkaar Actual Construction Images Model Flat
Slide 36: Oasis
Oasis Location : Tumkur Road, Bengaluru Product : 2 and 3 BHK Residential Apartments Project Size : 452 units – 5.5 Lakh Sq. Ft. Deal Structure : Outright Purchase Rera Number : PRM/KA/RERA/1251/309/PR/180425/ 001543 Architect : Apurva Amin Features : Aqua Center Terrace café Central L
Slide 37: Oasis
Oasis Actual Construction Images
Slide 38: BelAir
BelAir Location : New Town Road Yelahanka, Bengaluru Product : 2, 2.5 &3 BHK Residential Apartments Project Size : 334 units – 4.7 Lakh Sq. Ft. Deal Structure : Outright Purchase Rera Number : PRM/KA/RERA/1251/472/PR/200515/ 003406 Features : Cantilevered Sky Club Vaastu Compliant Water
Slide 39: Belair
Belair Actual Construction Images
Slide 40: Elan
Elan Location : Kothrud Road, Pune Product : High rise Residential Apartments Project Size : 81 Units – 1.3 Lakh Sq. Ft. Deal Structure : Development Agreement Rera Number : P52100018613 Features : Landscape Walkway Club Terrace Café Sitting Outdoor & Indoor Gym Fully equipped Home Theat
Slide 41: Elan
Elan Actual Construction Images
Slide 42: The Edge
The Edge Location : Tumkur Road, Bengaluru Product : Commercial & Retail Space Project Size : 130 Units – 1.7 Lakh Sq. Ft. Deal Structure : Outright Purchase Rera Number : PRM/KA/RERA/1251/309/PR/190823/ 002822 Features : Common Conference Room Theatre/Auditorium Modern Cafetaria Gymnasi
Slide 43: The Edge
The Edge Actual Construction Images
Slide 44: Highgrove
Highgrove Location : Moti Devti, Sanand, Ahmedabad Product : Weekend Homes - Plots Project Size : 814 Units – Overall 58 Lakh Sq. Ft. Deal Structure : Joint Development Architect: : Woods Bagot Features : 9 Hole Executive Golf Course Clubhouse powered by SMAAASH, which is perfected by Sa
Slide 45: Highgrove
Highgrove Actual Construction Images
Slide 46: Forreste
Forreste Location : Racharda Khatraj Road, Ahmedabad Product : Premium Land Oriented Villa Scheme Project Size : 350+ Units in Phase 1 to 4 (Overall ~50 Lakh Sq. Ft.) Deal Structure : DM Rera Number : PR/GJ/GHANDINAGAR/GHANDINAGAR/ AUDA/RAA06788/A2R/291020 Architect : InHouse Features
Slide 47: Forreste
Forreste Actual Construction Images
Slide 48: About the Company
About the Company
Slide 49: Company Overview
Overview | Arvind Smartspaces Company Overview Corporate developer with a Robust governance & Part of Lalbhai Group with a strong trusted consumer experienced professional 120 year legacy, listed in 2015 brand, benefiting from management, learnings in post demerger from Arvind Ltd consolidation post
Slide 50: The Journey so far
The Journey so far Preferential issue of Rs. 85 Cr to HDFC Capital Advisors (8.8% on fully 2021 diluted basis) and Promoters 2021 In April 2021, preferential issue of 7.4% equity to MD & CEO 2021 Sales crosses Rs. 500 Cr+ mark inspite of Covid-19 disruption 2020 Commencement of our first project und
Slide 51: Board of Directors
Board of Directors Mr. Sanjay S. Lalbhai Mr. Kamal Singal Chairman & Non-Executive Director Managing Director & CEO And Promoter Mr. Kulin S. Lalbhai Mr. Pratul Shroff Ms. Pallavi Vyas Non-Executive Director Independent Director Independent Director Mr. Nirav Shah Mr. Prem Prakash Pangotra Independe
Slide 52: Strategic Pillars of Growth
Strategic Pillars of Growth 1 2 3 4 5 Asset light Balanced Risk Innovation Customer Centricity Systems & Processes Profile 1 Land as Raw Material, no Land Banking, Process Industry approach 2 Focus on efficient cash flow management and low leverage, Focussed market and geography strategy 3 Product I
Slide 53: Financial Highlights
Financial Highlights Fresh Sales (Rs Cr) Revenue (Rs Cr) 529 299 262 198 277 286 159 149 115 113 87 73 91 FY16 FY17 FY18 FY19 FY20 FY21 FY15 FY16 FY17 FY18 FY19 FY20 FY21 EBITDA (Rs Cr) PAT (Rs Cr) 89 39 68 61 30 31 44 41 20 35 17 25 11 9 FY15 FY16 FY17 FY18 FY19 FY20 FY21 FY15 FY16 FY17 FY18 FY19 F
Slide 54: Awards & Recognition
Awards & Recognition ALVIND SMACTSPACES 4, y athe 2019 Dey nee rata, we Arvind “, e rvin ‘ ‘7 Ys Uplands g Best Golf Courses 4 Architecture NF %, 4 Golden Brick Awards, Dubai 4 Best bi 3 RealEstate ¥ % =Company yy India News Gujarat at Gujarat First Conclave 44, 2019 adn, ogee OO mah, Arvind “3 Aavi
Slide 55: Awards & Accolades 2021
Arvind IS PROUD TO 1S PROUD TO BE AWARDED WITH BE AWARDED WITH CONCLAVE EXCELLENCE ‘Ost ADMIRED PRO jp, i cial Arvind SmartSpaces Limited ov (GQNNEWS 18 20urneyormecogniton 2cirneyomecrgnton CONCLAVE EXCELLENCE ERELEME Arvind SmartSpaces Limited Anyi
Slide 56: Disclaimer
Disclaimer The views expressed here may contain information derived from publicly available sources that have not been independently verified, and no representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. This presentation should not b
Slide 57: Thank You
Thank You Arvind SmartSpaces Ltd Investor Relations: (CIN: L45201GJ2008PLC055771) Registered & Corporate Office: Ankit Jain 24, Govt. Servant’s Society, Chief Financial Officer Adj. Municipal Market, Email: ankit.jain@arvind.in C. G. Road, Ahmedabad- 380009 Tel: +91 79 68267000 Prakash Makwana www.a