Ashiana Housing Limited · NSE:ASHIANA

Ashiana Housing — Investor Presentation (August 2022)

43 slides from Ashiana Housing's investor presentation, Aug 29, 2022

  1. Slide 1: Submission of Annual Presentation to Stock Exchanges

    Ee @ you sshiasne are in safe hands Date: 29 August 2022 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.

  2. Slide 2: Annual Presentation Aug 2022

    Annual Presentation Aug 2022 BHIWADI | GURGAON | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | HALOL | NEEMRANA MUMBAI | NEW DELHI | BENGALURU | AUSTRALIA | SINGAPORE BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.N S | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL R

  3. Slide 3: Contents

    Contents Executive Company Overview Summary Journey Ongoing Projects Management Key Projects Team Future Highlights Opportunities Operational Review Projects and Key Metrics Strengths Land for Development Yearly and Highlights Financial Review Key Focus Quarterly Areas Numbers Financial Summary Prod

  4. Slide 4: Executive Summary

    Executive Summary 850+ Employee Strength 15,881 Presence in 6 1,350+ Crore states at 9 Over 42 years Happy Ashiana Market Locations of Legacy Families Capitalization 265 Lakhs sq. ft. Debt- Equity 87.61 Lakhs Sq. ft. area constructed Ratio of 0.21x for future development 3 © Ashiana Housing Limited,

  5. Slide 5: Our Journey so far..

    Our Journey so far.. 1979 1985 1986 1992 1993 1996 2004 Established Started Registered as Shifted head Listed on the Started Launched in Patna. operations in Company office to New BSE facility Senior Living Jamshedpur. Delhi. Started management in Bhiwadi Bhiwadi of Ashiana operations properties 200

  6. Slide 6: Executive Directors

    Executive Directors Vishal Gupta Ankur Gupta Varun Gupta Managing Director Joint Managing Director Whole-time Director A graduate from Sydenham College He is a Bachelor in Business He is a Bachelor in Science from Stern (Mumbai) and an MBA from FORE Administration from Fairleigh Dickinson School of

  7. Slide 7: Independent Directors

    Independent Directors Abhishek Dalmia Sonal Mattoo Hemant Kaul Narayan Anand Piyul Mukherjee Independent Director Independent Director Independent Director Independent Director Independent Director Mr. Abhishek Dalmia is Ms. Sonal Mattoo is a Mr. Hemant Kaul was Mr. Narayan Anand Ms. Piyul Mukherjee

  8. Slide 8: No.1 in Senior Living Homes

    No.1 in Senior Living Homes *As per the brand rankings done by Track2Realty 7 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  9. Slide 9: Facebook Page Ranked 8th in India (Real Estate)

    Facebook Page Ranked 8th in the India (Real Estate) 8 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  10. Slide 10: Strengths

    Strengths 2nd Liquid Balance 4th Execution Senior Living Sheet • High Brand recall • Aligned to purpose • Customer assured of and values timely delivery, 1st affordable offering 5th • Timely delivery 3rd and transparency in • Well differentiated • In-house dealings product • Cash & Cash • strong bra

  11. Slide 11: Opportunities

    Opportunities Positive Selling Environment: increasing volumes and prices of apartments 1 driven by reducing inventory, low interest rates and increased affordability 2 Increasing acceptance and demand for senior living 3 Increasing Barriers for unethical/ non legally compliant players 10 © Ashiana

  12. Slide 12: Key Focus Areas

    Key Focus Areas Customer Delight New Homegrown Launches Leadership 11 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  13. Slide 13: Vision on Capital Allocation

    Vision on Capital Allocation 1. ROE to be most critical criteria for making capital allocation decisions 2. The long term target is to achieve an ROE of 15% 3. ROE glide path would include progressively achieving Govt bond yield (6%) rate and then around 10-11% (our cost of capital) before reaching

  14. Slide 14: New Launches planned in FY23

    New Launches planned in FY23 ▪ Following greenfield projects are planned for launch during the year, namely: o Ashiana Amarah, Gurugram o Ashiana Advik, Bhiwadi o Ashiana Malhar, Pune o Ashiana Ekaansh, Jaipur o Ashiana Prakriti, Jamshedpur, o Ashiana Greenwood, Jaipur Out of total development poten

  15. Slide 15: Theme for FY23

    Theme for FY23 14 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  16. Slide 16: The year that was….

    The year that was…. 0.08 6 11.6 times 14.6% Debt Equity New Land Parcels Inventory as Institutional holding multiple of annual as on 31st Mar,2022 Ratio acquired sales (8.67% in Mar,19) 4,557 165 crore 1560 crore Average Operational 240 Crore Market Realization for Q1 Cashflow for FY22 Sanctioned fu

  17. Slide 17: Projects

    Projects 01 Ongoing Projects 02 Key Projects 03 Future Projects Land available for Future 04 Development 16 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  18. Slide 18: Ongoing Projects (as on Mar 31, 2022)

    Ongoing Projects (as on Mar 31,2022) 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 1.45 Q3FY25 Q3FY24 Bhiwadi Tarang 3 100% Premium Homes

  19. Slide 19: Ashiana Umang

    Ashiana Umang Location •Jaipur Project Type •Kid Centric (Stilt + 12 floors wi 2/3 BHK units) Economic Interest •100% ownership of AHL Saleable Area •19.09 Lakhs Sq. ft Area Launched •16.97 Lakhs Sq. ft Area Booked •15.49 Lakhs Sq. ft. Phases •6 (1 to 4 delivered) Expected Completion date •Phase 5 w

  20. Slide 20: Ashiana Amantaran

    Ashiana Amantaran Location •Jaipur Project Type •Premium Homes (2, 3 and 4 BHK) Economic Interest •75% of Revenue Share Saleable Area •8.65 Lakhs Sq. ft Area Launched •8.57 Lakhs Sq. ft Area Booked •5.28 Lakhs Sq. ft. Phases •3 Expected Completion date •Phase I will be Delivered in Artistic View Q1F

  21. Slide 21: Ashiana Daksh

    Ashiana Daksh Location •Jaipur Project Type •Premium Homes (Stilt + 12 flo with 2/3 BHK units) Economic Interest •100% ownership of AHL Saleable Area •6.78 Lakhs Sq. ft Area Launched •6.78 Lakhs Sq. ft Area Booked •6.76 Lakhs Sq. ft. Phases •3 Expected Completion date •Phase I will be Delivered in A

  22. Slide 22: Ashiana Sehar

    Ashiana Sehar Actual View Expected Economic Ticket Size Location Project Type Saleable Area Area Launched Area Booked Phases Completion Interest (Unsold stock) date •Jamshedpur •Premium •76.75% of •3.44 Lakhs Sq. •3.44 Lakhs Sq. •2.63 Lakhs Sq. •1 •Phase 1 will be •Rs. 46 Lakhs – Homes (Stilt + Reve

  23. Slide 23: Ashiana Aditya

    Ashiana Aditya Artistic View Expected Economic Ticket Size Location Project Type Saleable Area Area Launched Area Booked Phases Completion Interest (Unsold stock) date •Jamshedpur •Premium •74% of •6.29 Lakhs Sq. •6.29 Lakhs Sq. •6.29 Lakhs Sq. •2 •Phase 1 will be •Fully Sold Out Homes (Stilt + Reve

  24. Slide 24: Ashiana Anmol

    Ashiana Anmol Location • South of Gurgaon Project Type •Kid Centric (Stilt + 12 floors wi 2/3 BHK units) Economic Interest •65% of Revenue Share Saleable Area •11.49 Lakhs Sq. ft Area Launched •7.02 Lakhs Sq. ft Area Booked •5.49 Lakhs Sq. ft. Phases •3 (1 already delivered) Expected Completion date

  25. Slide 25: Ashiana Shubham

    Ashiana Shubham Location •chennai Project Type •Senior Living (1, 2 and 3 BHK units) Economic Interest •73.75% of Revenue Share Saleable Area •9.67 Lakhs Sq. ft Area Launched •7.34 Lakhs Sq. ft Area Booked •6.86 Lakhs Sq. ft. Phases •5 (1 and 2 delivered) Expected Completion date •Phase 3 will be de

  26. Slide 26: Ashiana Nirmay

    Ashiana Nirmay Location •Bhiwadi Project Type •Senior Living (1, 2 and 3 BHK units) Economic Interest •100% ownership of AHL Saleable Area •7.78 Lakhs Sq. ft Area Launched •7.78 Lakhs Sq. ft Area Booked •7.15 Lakhs Sq. ft. Phases •4 (1 to 3 delivered) Expected Completion date •Phase 4 will be Delive

  27. Slide 27: Future Projects (as on Mar 31, 2022)

    Future Projects (as on Mar 31,2022) Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 4,5 & 6 100% 7.51 Bhiwadi Ashiana Adwik 1,2,3,4,&5 100% 14.11 Bhiwadi Ashiana Nirmay 5 100% 0.30 Jaipur Ashiana Umang 6 100% 2.12 Gurgaon Ashiana Anmol 3 65% of Revenue 4

  28. Slide 28: Land available for Future Development (as on Mar 31, 2022)

    Land available for Future Development (as on Mar 31,2022) 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 Liv

  29. Slide 29: Operational Overview

    Operational Overview 01 Highlights FY22 02 Key Metrics Yearly and Quarterly 03 Performance Area and Product Mix in Ongoing 04 Projects 28 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  30. Slide 30: Highlights – FY22

    Highlights – FY22 ▪ Value of Area Booked increased to INR 573.25 Crores (FY22) vs INR 534.68 Crores (FY21). ▪ Sales Price improved to INR 3,883 psf (FY22) vs 3,571 psf (FY21) driven by increasing prices across projects and changing mix towards higher priced projects ▪ Area constructed higher at 16.2

  31. Slide 31: Key Metrics

    Key Metrics Equivalent Area Constructed (in Lakh Sq. Ft.) Area Booked (in Lakh Sq. Ft.) 16.2 19.82 11.66 14.97 14.76 9.85 10.79 8.16 7.68 6.93 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Average Realization (Rs. Per Sq. Ft.) Value of Area Booked (in Rs. Crores) 3,883 671.63 534.68 573.25 3,571

  32. Slide 32: Quarter wise Performance

    Quarter wise Performance *Equivalent Area Constructed (EAC) does not include EWS/LIG area as it is not a business activity of the company. EAC of The Ashiana Scol has also been excluded as it has been constructed with an intention to let out. 31 © Ashiana Housing Limited, All Rights Reserved. Privat

  33. Slide 33: Quarterly Sales Trend

    Quarterly Sales Trend 32 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  34. Slide 34: Mix in Ongoing Projects

    Mix in Ongoing Projects Geographical Mix Product Mix Gurgaon 1% Bhiwadi 7% 8% Chennai Senior Living 10% 17% Jodhpur 3% Kid Centric Homes 17% Jaipur Premium Jamshedpur 47% Homes 23% 66% Bhiwadi Chennai Jodhpur Jamshedpur Jaipur Gurgaon Pune Senior Living Kid Centric Homes Premium Homes 33 © Ashiana H

  35. Slide 35: Financial Overview

    Financial Overview 01 Highlights 02 Financial Summary 03 Balance Sheet Income Statement, Gross Margin 04 & Decline in Profits 05 Ongoing Projects Cash Flows 06 Build Unsold Inventory 34 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  36. Slide 36: Consolidated Financial Highlights FY22

    Consolidated Financial Highlights FY22 ▪ Received second tranche of IFC funding of INR 97 Crores through issue of unsecured NCDs ▪ Pre-tax operating cash flows was positive at INR 165.05 Crores (FY22) vs positive at INR 171.65 Crores (FY21) ▪ Credit Rating of the company was reaffirmed at “A Stable”

  37. Slide 37: Financial Summary YoY (Consolidated)

    Financial Summary YoY (Consolidated) Note: Figures of 2015-16, 2016-17, 2017-18 & 2018-19 are according to Ind AS 36 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  38. Slide 38: Balance Sheet (Consolidated)

    Balance Sheet (Consolidated) Particulars (Rs. Crores) 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 Share Capital 20.5 20.5 20.5 20.5 20.5 20.5 Reserve & Surplus 702.2 745.3 761.3 729.32 730.33 715.59 Net Worth 722.7 765.8 781.8 749.79 750.80 736.06 Long Term Debt 78.1 63.4 142.7 103.8 46.6 155.88

  39. Slide 39: Statement of Operating Results (FY22)

    Statement of Operating Results (FY22) Area recognized Cost of Goods Gross Profit Amount Particulars as Sales Sales (Rs. Lakhs) Sold (Rs. Lakhs) (GP) (Rs. Lakhs) (Lakhs Sq. Ft) Revenue from Real Estate and Support Operations Completed Projects 4.1 15,105 10,733 4,373 Other Real Estate operations - 5,

  40. Slide 40: Cash Flow Position in Ongoing Projects

    Cash Flow Position in Ongoing Projects Equivalent Area Constructed excludes EWS/LIG area as it is not a business activity of the company. Equivalent Area Constructed of The Ashiana School has been excluded as it has been constructed with an intention to let out. ** Construction in Phase-4 Ashiana Ut

  41. Slide 41: Completed Projects having Inventory

    Completed Projects having Inventory 40 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential * Only AHL’s share of saleable and unsold area shown in above table.

  42. Slide 42: Way Forward

    Way Forward ▪ Sale Value of 1100 Crores ▪ Improvement in ROE ▪ Looking for 4-5 acquisitions in the year (Around 25 lakhs sq. ft. area with sale value of 1000-1200 Crores approximately) ▪ Further Capability Building 41 © Ashiana Housing Limited, All Rights Reserved. Private & Confidential

  43. Slide 43: Contact: investorrelations@ashianahousing.com

    For Any investorrelations@ashianahousing.com 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 © 2018 Ashiana

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