Ajmera Realty & Infra India Ltd · NSE:AJMERA
Ajmera Realty & Infra India — Q1 FY2022 Earnings Presentation
57 slides from Ajmera Realty & Infra India's earnings presentation, Aug 2, 2021
Slide 1: Exchange filing cover letter
... Ajmera Realty & Infra India Limited Ragd Office· ·cu; Mall". Link Road, Andhe1i (Wes1), Mumbai 400 053 Ta. +91·22·6698 4000 Fax:+91·22·2S:i2 5902 Emall 1n•est01s@a1mocacom • Wobs11e:www.anlco.1n CIN No 127\Q<l MH1985 PLC035659 Re f: SEC/ARIL/BSE-NSE/2021-22 Date: 2"d August, 2021 The Bombay Stoc
Slide 2: Investor Presentation Q1 FY2022
Ajmera Realty & Infra India Limited INVESTOR PRESENTATION Q1 FY2022
Slide 3: FY-2022 Investor Presentation
FY-2022-lnwetor Pre I I ilaliOn
Slide 4: Rising Up & Above
RISING UP OUR FINANCIAL PROJECT WHAT LIES &ABOVE PERFORMANCE PERFORMANCE AHEAD
Slide 5: Rising Up & Above
. ARllL .......'!Ml RISING UP &ABOVE
Slide 6: ---llllll'S
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Slide 7: RISE Progress Summary
RISE PROGRESS SUMMARY Challenging environment 1 out of the 4 projects to be but business performance launched during the year put still improved for approvals Project execution well on trackJ two OCJs & one part OC received. Deleveraging of balance Development projects on schedule sheet continues Po
Slide 8: Our Financial Performance - Q1 FY 2022
OUR FINANCIAL PERFORMANCE - Ql FY 2022 Sustainable Growth In A Challenging Environment 2 Months Lockdown In Key Cities of Operation Significant Revenue Visibility And Sales Book fY..2022 • lnvastDr Pi 111 1bdlun
Slide 9: Analysing the Pandemic Year
I ANALYSING THE PANDEMIC :VEAR -·- FULL PARTIAL LOCKDOWN LOCKDOWN Q1 FY2021 Q1 FY2022 Group managed to push through and achieve formldabl• numbers considering lockdown restrictions FY-2022 • Ima ntor Pn111arrtatlon
Slide 10: When the Going Gets Tough
WHEN THE GOING GETS TOUGH Q1 FY21 Q2 FY21 QJFY21 Q4FY21 Q1 FY22 Salts Sales Sales Sales Sales INR47Cr INR155 Cr INR232Cr INR183Cr INRn1 Cr Collectlons Collections Collectlons Collectlons Collections INR25Cr INR86Cr INR 168 Cr INR 241 Cr INR109Cr DebtO/S DebtO/S DebtO/S INR981Cr INR993Cr INR699Cr Sec
Slide 11: Key Business Highlights - Q1 FY 2022
KEY BUSINESS HIGHLIGHTS - Q1 FY 2022 - 'fo1.,,.._... ARllL Built on Trust INR 111 Cr of sales 61 units sold 92185 sft sold INR 109 Cr received FY-2022 - Investor Presentation
Slide 12: Sales Performance
SALES PERFORMANCE lkllltonTrust VALUE OF SALES NUMBER OF UNITS SOLD AREA SOLD SALES ADVANCES YoY Comparison YoY Comparison YoY Comparison YoY Comparison 47 111 40 61 48,070 92,185 25 109 Value of Sales (INR Cr) Number of units sold Area Sold (sq. ft) Sale Advances (INR Cr) Q1 FY21 • Ql FY22 Q1 FY21
Slide 13: Sales - Q1 FY 2022
SALES - Q1 FY 2022 .....- ARllL Mumbai • Sales (INR Cr) Banglore ·Sal.. (INR Cr) Ahmedabad • Sales (INA Cr) 7 68 10 ..... 11 6 6 1 2 Mumbai Bang•lore Ahmadabad AEON • ZEON • TREON • SIKOVA • GREENFINrTY WGAANO • NUCLEUS • RESI • ANNEX • FLORENZA • CASA VYOMA • ENIGMA
Slide 14: Financial Performance
FINANCIAL PERFORMANCE Q1 FY21 • Q.1 FY22 • Q4 FY21 • Q1 FY22 REVENUE Opeiilliug Profit (lNR Qt PBT PAT PAT ONRQt
Slide 15: RISE - The Ajmera Way
RISE-THE AJMERA WAY Maximising Shareholder value thereby hitting the J Curve Year of exploiting synergistic investment opportunities for multi-fold growth Retaining Profits & Fuelling Growth The time to align to the new normal. Adopting new strategies, identifying engines of growth Year of Challenge
Slide 16: Project Performance - Q1 FY2022
PROJECT PERFORMANCE - Q1FY2022 Advanced stage I nearing completion projects Under development projects Projects at launch stage FV-2022 - ll"fi ' • Pru a 1bdlon
Slide 17: Project Performance - Advanced stage projects
......-ARllL PROJECT PERFORMANCE - Ql FY 2022 Advanced stage I nearing completion projects F\(.2022 • lmiastor Pl 111 tlalbi
Slide 18: Aeon, Zeon & Treon - Wadala
AEON, ZEON & TREON - WADALA Sales Book u on 30th June 2021 • •INR 21038 Cr Estimated Completlon December 2021 AreaSold 1,247,537 sft Aeon - OC received • Zeon - OC received Revenue RecognlHd Treon - Part OC received upto JO June 2021 • INR 1,969 Cr Asset Mix Residential - Luxury Balance revenue pend
Slide 19: Nucleus Bangalore
NUCLEUS BANGALORE Sales Book u on Estimated Completion - 30th June 2021 Wing A I B·January 2022, •INR99Cr Wing C- December 2022 Area Sold Wing A IB- RCC Completed, 189,892 Sft Internal work ongoing Wing C· Excavation work Revenue Recognised completed Commerclal· RCC upto JO June 2021 completed, Inte
Slide 20: Project Performance - Under development projects
PROJECT PERFORMANCE - Ql FY 2022 Under development projects fY.2022 - lrw t • Pl'llH 1bdlon
Slide 21: Sikova - Ghatkopar
SIKOVA - GHATKOPAR . ARllL ......... Sales Book 11 on e 30th June 2021 INR26Cr 5th Slab casted out of a total of 15 slabs. • AreaSold 15,323 sft • Project Construdion ahead of Schedule Balance Revenue pending Sold -INR 26 Cr Asset Mix Unsold •INR 228 Cr Commercial • Future Revenue Potentlll ·INR255
Slide 22: Greenfinity - Wadala
GREENFINITY - WADALA Sales Book as on 30th June 2021 8th slab Casted out of • INR70Cr a total of 23 slabs. • AreaSold 45,0&0sft • Proiect Construction ahead of Schedule Balance Revenue pending Sold ·INR 70 Cr Asset Mix Unsold •INR 108 Cr Resldentlal • Future Revenue Potential ·INR178Cr • Area Launch
Slide 23: Lugaano - Yelahanka, Bangalore
LUGAANO - YELAHANKA, BANGALORE . ARllL ........ Sales Book as on e 30th June 2021 INRJS Cr Wing A &B- Jrd slab work ongoing AreaSold 75,7J9sft • Balance Revenue Pending Sold ·INR 35 Cr Asset Mix Unsold •INR 93 Cr Resldentlal • Future Revenue Potentlal ·INR128Cr • Area Launched • Estimated COmpletlon
Slide 24: Florenza - Yelahanka, Bangalore
FLORENZA - YELAHANKA, BANGALORE ......-ARllL Total Value of Stock ..INR131 Cr • Pllnth work commenced, Approvals in place Area Sold 15,651 sft Balance Revenue Pending Sold ·INR 7 Cr Asset Mix Unsold •INR 124 Cr Resldentlal • Future Revenue Potential ·INR131 Cr Area Launched Estimated Completlon J ye
Slide 25: Project Performance - Projects at launch stage
. ARllL BllCl'lftllt PROJECT PERFORMANCE - Ql FY 2022 Projects at launch stage FY-2022 - lrw antor Pniss 1bdlon
Slide 26: Codename Wadala
CODENAME WADALA e Ml.. Tlull Project Timalinu/ Land ownanhip status Estimated Completlon Owned Mar-2021 Total ProJect Area Total Value of stock -aoo.ooo stt (Saleable) ·INR 1,450 Cr Asset Mix Indicative Cost Resldentlll - Affordable luxury ·INR850Cr Mid Income ProdudMlx 213BHK -tJ- Estimated Surplus
Slide 27: International Projects Update - United Kingdom
INTERNATIONAL PROJECTS UPDATE - UNITED KINGDOM The ClllUWllP. London The Miii H~ Windsor
Slide 28: Revenue Guidance Potential FY22 - Advanced Stage Projects
REVENUE GUIDANCE POTENTIAL FY 22 -ADVANCED STAGE PROJECTS INR INR INR INR 2,137 Cr 89 Cr 205 Cr 294 Cr Sale Book as on Revenue to be Recognised on Revenue to be Recognised from Total Revenue 30th June 2021 committed sales Unsold stock Potential FY-2022 - Investor Presentation
Slide 29: Revenue Guidance Over Next 36 Months - Under Development Projects
REVENUE GUIDANCE OVER NEXT 36 MONTHS - UNDER DEVELOPMENT PROJECTS Total 151,773 139 139 643,452 554 693 INR INR INR INR 139 Cr 139 Cr 554 Cr 693 Cr Sale Book as on Revenue to be Recognised on Revenue to be Recognised from Total Revenue 30th June 2021 committed sales Unsold stock Potential FY-2022 -
Slide 30: Revenue Visibility
REVENUE VISIBILITY Advanced Stage Projects Under Development Projects Upcoming Projects INR INR INR INR INR 89 Cr 205 Cr 139 Cr 554 Cr Pre-sales Sales revenue Pre-sales Sales revenue Potential Sales revenue from from unsold revenue from from unsold Revenue nearly inventory mid stage inventory comple
Slide 31: What Lies Ahead: Interesting Opportunities
WHAT LIES AHEAD INTERESTING OPPORTUNITIES fY..2022 • I"" t • Pra H "'8llan
Slide 32: Projects Under Consideration
PROJECTS UNDER CONSIDERATION Total d1Y1lopm1nt potentlll Alplmlonll Year of 1CqUllltlon EllllmSubwbl I 1.15MSF 2022 Wutern suburbs o.s (8 lakh aft) llkh lft)- - - - - - - - - - -I" - c.ntnil SYburbl (1 lllch lft) Soulh Mumbai (1 llldl1ft) ___ - ------- Type of projects Residential •MlpnotlD . . .
Slide 33: Rising to Evolve and Grow - RISE
RISING TO EVOLVE AND GROW - ...,.. ~ BuiltanTlllll ARllL OPPORTUNISTIC PARTNERSHIP OPPORTUNISTIC PARTNERSHIP Evaluating and negotiating for a Ongoing discussions and developments specializing negotiations with an international specialising in Mid Income Private Equity firm for investment Housing Seg
Slide 34: Human Capital & Social Responsibilities
. ARllL BllCl'lftllt HUMAN CAPITAL & SOCIAL RESPONSIBILITIES FY-2022 • lrw antor Pniss 1bdlon
Slide 35: COVID Care and Precautions
COVID CARE AND PRECAUTIONS • Safety and health of employees Precaution Utilities & Safety Distribution - Site & Office Saftey - Mask Distribution - Daily Sanitization - Steam Machines - Sanitisers at all touch - Food to construction First private free of cost points Oxygenated Covid Care workers Cen
Slide 36: Employee Well Being Initiatives
EMPLOYEE WELL BEING INITIATIVES YOGA DAY INITIATIVE EMPLOYEE VACCINATION DRIVE EMPLOYEE AWARDS VACCINATION DRIV. FY-2022 - Investor P1918ntation
Slide 37: ESG Initiatives
ESG INITIATIVES • u.e ot' ora•nlc wuta • Free health checkup • Structured dlgttal oonverten to mlnlml• camps and free medlcal mt databaH onllne portal to 1111rhlla• volurna clinics for labonr"s curb trading with UPSI • 8oler Powtr, Nullng • Best In class safe'ty • Board diversity policy 10 ITP wasta
Slide 38: Investor Relations
INVESTOR RELATIONS Corporate Head office AJmera Realty & Infra lndla Ltd. Citi Mall, Link Road, Andheri (W), Mumbai -400 053 Board line: 022 - 6698 4000 investors@ajmera.com Built on Trust
Slide 39: Annexures
ANNEXURES fY.2022 • lrN t • Pn111anlallan
Slide 40: Ajmera i-Land, Wadala Acres of Integrated Township
I f AR Ajmera i-Land, Wadala 100 Acres of Integrated Township
Slide 41: Ajmera Group at a Glance
AJMERA GROUP AT A GLANCE Presence in MumbaiJ PuneJ Ahmedabad, Bangalore, United Kingdom & Bahrain
Slide 42: Winning industry wide accolades
... winning industry wide accolades ~. ,~- Best OOH Campaign -.: 1 •.!!"- Most ICOOIC a,:..!t .JrtV ~~ Developer Of me J ~ ~ ~ of the year 2018 ~~ ~ ~ ~ Personality 1n Realty ~ - Marketing Mavend - - Year- ReS1denbal 2019 • .,'} - 2019 - Award 2019 - Mr Ohaval Ajmera ~ ff- -~ . .~- ~. lifebme Mr Oha
Slide 43: Ajmera Philosophy
AJMERA PHILOSOPHY #KEEP CHANGE IS EVe LVING Philosophy that drives AJMERA GROUP THE ONLY CONSTANT Sub Optimum Leverage Evolve Visionary Sustainability High Rich Destination Creator
Slide 44: Established in early 1968
Established in earty 1968'S1n Mumbai and other major cities in India & since then have evolved into a leading business conglomerate with global footprints "Includes completed, ongoing & upcoming development FY-2022 - Investor Presentation
Slide 45: Ajmera presence across cities
Highest rentals I in the country IMumbai - - - 182 Gujarat, Ahmedabad &Others WflllEll- - --~~...::;: Bangalore *All numbers in lakh sq.ft. Ellllllll - Future Potential 182 FY-2022 - Investor Presentation
Slide 46: Mumbai project map
. ...,,... ARllL -.Ro.t___ _ Ardalw.t__ ' '' Vle~--- Kalyan ----------'' Kalina __ ---- ----- Ghatkopar K11rl• -- Map not to -ie FV-2022 - 11111 br Pl 1lldlon
Slide 47: Completed Projects in Mumbai and Pune
COMPLETED PROJECTS IN MUMBAI ........ ARllL Project Name Location City Area (eq.ft.) Unita r Bhaktl-Park wat I Mumbai 39,63,028 3400 Zeon, i-Land Wr.la'a Mumbai 4,82.000 225 Shatrl Nqar Andheri- West Mumbai 17,30,000 4028 Citi Mell Aldwl-w.t Mumbai 1,00.000 235 Yogi Nager Borivali Mumbai 16,01,688 3
Slide 48: Completed Projects in Gujarat and Bangalore
COMPLETED PROJECTS IN GUJARAT . ARllL M«iTr• Project Name Location City Area (sq.fL) Units Shastri Nagar Dharam Nagar Rajkot 7,00,000 1200 Enigma SGRoad Ahmedabad 3,00,000 150 SahaJanand Shopping Center Khadia Ahmedabad 1,10,000 374 Pramukh Park Udhna Surat 36,00,000 Approx. 7,000 CasaVyoma Vastrapu
Slide 49: Chairman and Managing Directors
Mr. Rajnikant S. Ajmera Mr. Manoj lshwarlal Ajmera Chalrm111na Managing Dlnictor, AJrnara Gro11p Managing Director, AJmara Group One of tha most prominent nemas In the '8111 estllte Industry, Mr. Mr. Meno) AJmel"ll ls one of the key e~hltec:U of the group 81/0lvlng It H R.jnikllnt Ajmera is tho flag
Slide 50: Indian Real Estate
I I ........... ARllL I I I~ ·'~ II~ I~ INDIAN REAL ESTATE FY-2022 - ln1r t w Prc1sanlallan
Slide 51: Investor Preference in Indian Real Estate
INVESTOR PREFERENCE IN INDIAN REAL ESTATE Investments - Sector wise allocation (INR Bn) Office Residential Retail Industrial Hospitality & Others J• Total ott.IR 824 Bn that- Invested ,. ,• 235.4 Bn 353.7 Bn 132.8 Bn 65.4 Bn 35.3 Bn In 111111 estate over two years. Equal distribution between domesti
Slide 52: Structural Reforms & Policy Initiatives
STRUCTURAL REFORMS & POLICY INITIATIVES Government has been working towards formalizing real estate sector Sector evolving from an unorganized, unregulated play to a largely regulated play FDI Norms RERA REI Ts • 100% in Single brand retail (IKEA, APPLE) •Green shoots in consumer confidence • 2 list
Slide 53: Housing in Tier 1 Cities of India
HOUSING IN TIER 1 CITIES OF INDIA Housing interest rates at 15 year low leading to increased Indian Real Estate affordability of homes Market Growing at 18% CAGR Liquidity crunch favouring organised and financially stable developers Branded developers selling significant inventory within a quarter 1
Slide 54: Financials
FINANCIALS FV-2022 - '"'" ' • Pru 1 1bdlun
Slide 55: Consolidated Profit & Loss Summary
CONSOLIDATED PROFIT & LOSS SUMMARY ...,.. .. ARllL - ~ Built on Trust - INR L.akhs Quarter Ended Quarter Ended Quarter Ended Year Ended 30.06.2021 31.03.2021 30.06.2020 31.03.2021 Income From Opa'Blions a) ~ue from Operalion 13,482 7,873 3,957 34,672 bl Other Operallng Income c] Other Income 65 105
Slide 56: Wadia Ghandy & Co.
WADIA 0HANDY & ~ tCIUCff'l!U A "°1AH Co. FY-2022 - Investor Presentation
Slide 57: Thank You
THANK YOU
Ajmera Realty & Infra India — Q1 FY2022 Earnings Presentation on 6ix