Arihant Superstructures Limited · NSE:ARIHANTSUP
Arihant Superstructures — Investor Presentation (June 2020)
40 slides from Arihant Superstructures's investor presentation, June 2020
Slide 1: ASL Investor Presentation June 2020
I ARIH SUPERSTRUCTURES LTD. CUNTINLING STABILITY ASL Investor Presentation June 2020 COMMODITY COAL DREDGING TRANSPORTATION OIL & GAS NSE : ARIHANTSUP BSE : 506194 ASL believes REAL ESTATE is a retail product with a BLOOMBERG : ARSU IN flavour of an Asset Class.
Slide 2: Cautionary Statement and Disclaimer
Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forwa
Slide 3: CMD's Message
CMD’s Message Commenting on the real estate sector, Mr. Ashok Chhajer, CMD of Arihant Superstructures said, “Every adversity provides an opportunity. At Arihant, we fast-tracked our digital strategy yielding encouraging results during the last 3 months. We have now optimally balanced traditional and
Slide 4: "Arihant" Group
“Arihant” Group • One of the Largest real estate player in Affordable Housing since 2009 consisting of its 66% portfolio in affordable housing and having projects in hand for next 7 years • ASL has an edge in its operational areas – Navi Mumbai, MMR and Jodhpur regions • Delivered 9000 homes worth 7
Slide 5: Arihant Superstructures Ltd (ASL): At A Glance
Arihant Superstructures Ltd (ASL): At A Glance ARIH~NT Company Profile Upper Medium CATEGORY-WISE PROJECT PROFILE 1. A leading real estate company focused on Affordable Luxury Income Segment Group (INR 7,000+ psf) 2. Strong execution track record of project completion 6% 3. Strong brand recognition
Slide 6: Strengths – Business Model
Strengths – Business Model ARIH~NT e Land Acquisition Product Strategy To have products across various stages of construction to serve varied customer needs €3 Fully paid up land bank for projects to be executed in the next ten years; Land bank acquired at historical cost levels Sales and Marketing
Slide 7: Our Value Creation Journey
Our Value Creation Journey I ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY 2000 2014 2017 2019 1994 Achieved a significant 2007 Successfully completes Successfully Smaller Projects Launch of milestone of Successfully and delivers 4 mn square launched flagship & Quicker Churn Real Estate comple
Slide 8: Board Of Directors
Board Of Directors ARIH~NT Ashok Chhajer, Nimish Shah, Virendra Mittal, Promoter, CMD Whole-Time Director Independent Director ● Over 4 decades experience includes 2 decades in ● A civil engineer with over 17 yrs experience in ● IIT Alumnus and a fellow chartered engineer the real estate business co
Slide 9: Experienced and dedicated management team
Experienced and dedicated management team ARIH~NT Akshay Agarwal, Piyush Dosi, Deepak Lohia, Director - Procurement Director - Jodhpur CFO ● CA, having 23 years of experience in ● Dual specialization in Marketing ● A civil engineer with over 21 the areas of Taxation, Accounts & and Logistics from Oh
Slide 10: FY20 Highlights
FY20 Highlights ARIH~NT Sales of 874 Units equivalent to 7,74,510 sq. ft. Sales Highlights amounting to INR 322 Crores Business Acquired new lands of 6.5 acres in Taloja region Development Launched a new project – Arihant 4Anaika Construction Highlights Delivered 918 units across MMR & Jodhpur, Raja
Slide 11: Growth in Sales on YOY basis
Sales Highlights Growth in Sales on YOY basis Sales of 774 units in Mumbai-MMR equivalent to 6,58,360 sq. ft. amounting to INR 293 Crores Sales of 100 units in Jodhpur, Rajasthan equivalent to 1,16,150 sq. ft. amounting to INR 32 Crores Launched one New Project – Arihant 4Anaika, Taloja Launched New
Slide 12: Launch Tracker – FY21
Launch Tracker – FY21 ARIH~NT Upcoming New Phase Launches in FY21 Sr. No Project Location Flats Tentative Timeline Category 1 Arihant 4Anaika Taloja 42 Q1FY21 Affordable Housing 2 Arihant Anmol Badlapur 250 Q2FY21 Affordable Housing 3 Arihant Aspire Panvel 528 Q3FY21 Mid-Income Housing 4 Arihant 5An
Slide 13: Business Development: Lands acquired in FY20
Business Development ARIH~NT Lands acquired in FY20 Location Acres Project Saleable Area (sq. Business Model ft. approx) Taloja 2 - 160,000 100% owned Project Taloja 2.5 Arihant 4Anaika 204,140 100% owned Project Taloja 2 Arihant 5Anaika 235,000 100% owned Project Arihant Superstructures Limited (AS
Slide 14: Construction Highlights: Consistent Delivery of Projects
Construction Highlights Consistent Delivery of Projects Delivered 7,45,522 sq. ft. across the following projects 14
Slide 15: Q4FY20 Highlights
Q4FY20 Highlights ARIH~NT Sales of 218 Units equivalent to 1,86,885 sq. ft. Sales amounting to INR 74.19 Crores Highlights Despite the Lockdown, the company’s focus on digital sales helped achieve targets & maintain momentum Acquired ~ 22,000 sq. ft. of land for amalgamation of Business Development
Slide 16: Sustainable Development
Sustainable Development ARIH~NT Water Preservation Solar water heating Social Development by Rain water system, energy by supporting Rural harvesting & STP and efficient lighting and infrastructure, School Energy Conservation use of low VOC etc measures paints & adhesives Economic Participation in E
Slide 17: CSR Initiatives
CSR Initiatives • Providing Ration to all laborers & their families staying at the sites during the Lockdown • Grant to Shri Maruti Mandir Trust (Palaspe) for education & livelihood enhancement projects • Construction of Road at Ektapada village • Construction of Road at Koynaville village Arihant S
Slide 18: COVID-19 Impact on Residential Real Estate & ASL
COVID-19 Impact on Residential Real Estate & ASL ARIH~NT Construction • Due to the nationwide lockdown, existing project timelines shall get impacted • ASL has around 1,200 construction workers at its sites across MMR & Jodhpur. Construction has resumed from Q1FY21 Sales • We expect to see a reducti
Slide 19: Financial Snapshot
FINANCIAL SNAPSHOT Arihant Superstructures Limited (ASL} 19
Slide 20: Capital Market Data
Capital Market Data ARIH~NT Capital Market Details Shareholding Pattern Public BSE Scrip Code 506194 20% NSE Trading Symbol ARIHANTSUP FPIs/Banks & FIs 1% Bloomberg Code ARSU IN Mutual Funds 5% GICS Sector Real Estate Promoters 74% Market Cap as on INR 864 Mn 31st Mar, 2020 52 Week High INR 32.26 52
Slide 21: Key Investment Highlights
Key Investment Highlights I ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY Strategically Significant Large Land Bank Project Strong Focus On Superior Well-positioned Monetization Acquired At Funding Corporate Growth In High Growth Yet To Come Low Cost Secured Governance Profile Markets • Navi M
Slide 22: Superior Track Record With Strong Brand Recall
Superior Track Record With Strong Brand Recall I i ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY Key Strengths Average Sales Rate (INR per sq.ft.) 4,500 4310 4,199 4,070 4,000 3,795 3,500 Well Recognized Brand in the Affordable Luxury 3,000 Segment I 2,500 Leadership position in MMR II and Jod
Slide 23: Prudent Financial Management Leading To Superior Shareholder Value
Prudent Financial Management Leading To Superior Shareholder Value .. . - - - - - . Strong Risk Superior cash flow Strategic Land Acquisition Management and management Internal Audits • Land acquired at historical prices • 15% -20% launch sales target • Strong and independent board • Honest and cred
Slide 24: Project Status: Mumbai - MMR
Project Status : MUMBAI - MMR Estimated ±n.h Total Area Project Value of ATS* Amount Bal ATS with Area Sold % Area Total Units Units % Units Average Project Location Completion Unsold Value Received Receivable Common (SqFt) Sold Units Sold Unsold Sold Rate % Area (in (in Mn) (in Mn) (in MN) Area Mn)
Slide 25: Project Status: Jodhpur
Project Status: JODHPUR Total Area Estimated Project ATS* Amount Bal ATS with Area Sold % Area Total Units Units % Units Average Value of Project Location Completion Value Received Receivable Common (SqFt) Sold Units Sold Unsold Sold Rate Unsold % (in Mn) (in Mn) (in MN) Area Area COMPLETED PROJECTS
Slide 26: Potential Recognizable Revenue
Potential Recognizable Revenue ARIH~NT Expected Revenue: Geographical Split Sales recognised completed Thane 19% 2% Kharghar Sales yet to 21% commence 57% Panvel 47% Jodhpur 19% MMR 11% Revenue Recognition Method Revenue has been recognized as per IND AS 115 Revenue from Contracts with Customers' on
Slide 27: Q4 FY20 Financial Highlights
Arihant Superstructures Limited: Q4 FY20 Financial Highlights ARIH~NT Consolidated Financial Highlights for Q4FY20 Vs. Q4FY19 Consolidated Financial Highlights for Q4FY20 Vs. Q3FY20 1. Revenue decreased from INR 686.00 Mn to INR 622.98 1. Revenue decreased from INR 641.55 Mn to INR 622.98 Mn. Mn. 2.
Slide 28: Consolidated Income Statement – INR Mn
Consolidated Income Statement – INR Mn ARIH~NT Particulars FY 17 FY18 FY19 FY20 Total Revenue 1,862 1,893 2,422 2,376 Cos t of m aterials cons um ed 2,074 1,285 1,955 1,192 Changes in inventories -1130 -161 -511 336 Em ployee benefits expens e 85 127 138 121 Other Expens es 190 256 271 252 Total Exp
Slide 29: Consolidated Balance Sheet – INR Mn
Consolidated Balance Sheet – INR Mn ARIH~NT Eq u i t y a n d L i a b i l i t i e s F Y17 F Y18 F Y19 F Y2 0 Shar e Capi t al 412 412 412 412 Reser v es and Sur pl us 724 764 807 856 Net wor t h 1136 1176 1218 1268 Mi nor i t y S har e 79 98 139 200 Long Ter m Bor r owi ngs 2013 1719 2377 3168 Shor t
Slide 30: Financial Performance
Financial Performance I i ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY Total Revenues (Rs Mn) EBITDA (Rs Mn) Net Debt/Equity (x)* 3,000 700 643 2,422 3.50 2,500 2,376 569 3.10 3.05 600 1,862 1,893 476 3.00 2,000 500 385 1,500 400 2.50 2.17 2.25 1,000 300 2.00 500 200 1.50 100 - FY17 FY18 FY19
Slide 31: Net Worth & PAT for the Quarter ended 31st March, 2020
Net Worth & PAT for the Quarter ended 31st March, 2020 ±n.h Company (INR Mn) Net Worth PAT :, Arihant Superstructures Limited 1125.20 (14.15) Arihant Vatika Realty Private Limited 332.67 101.59 I Arihant Abode Limited (2.33) (4.11) Arihant Gruhnirman Private Limited (1.87) (0.13) Arihant Aashiyana P
Slide 32: Consolidated Income Statement
Consolidated Income Statement ARIH~NT Amount in INR Mn except as stated Particulars Q4 FY20 Q4 FY19 Q3 FY20 Total Revenue 622.99 685.81 641.55 Total Operating Expenses 468.08 545.34 502.76 EBITDA 154.91 140.47 138.79 EBITDA Margin (%) 24.87 20.48 21.63 Interest 68.04 86.22 71.84 Depreciation 5.80 4.
Slide 33: The Road Ahead – FY21
The Road Ahead – FY21 ARIH~NT REVENUE MARGIN FUTURE PLANS DRIVERS DRIVERS Fast tracking of Navi MumbaiInfrastructure projects to Efficiency in low cost land purchase To infuse funds for land purchase to take current developable area from boost demand from home buyers I I 13.8 mn sq. ft. to 25 mn sq.
Slide 34: Awards and Accolades
Awards and Accolades I ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY Indian Green Building Couneif (1GB€) ARI HANT ASPIRE 2019 2018 Zee Business Award – Developer of the Year, Iconic Award by IGBC PreCertified Platinum Affordable Housing Project of 2019 – Affordable Radio City for Rating for A
Slide 35: Past Awards and Accolades
Past Awards and Accolades I ARI HANT SUPERSTRUCTURES LTD. ON TIN LING STABILITY 2015 2016 • • Winner of Mumbai Best Corporate Most Esteemed Ongoing NDTV awards Arihant as the Best Business Practice Award in 2015 Hot 50 Brands by Brands 2016- Real Project of the Year – best developer in affordable fo
Slide 36: Mumbai Hot Brands (2 Times) - 2015 and 2014
Mumbai Hot 50 Brands (2 Times) - 2015 and 2014 ARIH~NT 5, asianpaints NHN book67show ASIAN PAINTS AUDI INDIA ASL BERGGRUEN HOTELS BHARTI AXA ----------- AXIS BANK BOOKMYSHOW BURGER KING CADBURY DAIRY MILK celi CELIO Cile CIPL.A fife Caring_for 4%DMs «g COL.ORPLUS cromi ft« «ttronis Me$aro« CROMA RET
Slide 37: Navi Mumbai 2nd in List Of Best Cities To Live In India during COVID-19
Navi Mumbai 2nd in List Of Best Cities To Live In India during COVID-19 ARIH~NT • The 'Ease of Living' index is an initiative of the Ministry of Housing and Urban Affairs to assess the most livable cities all over India and rank them on a 100 point scale. The report evaluated 111 cities on a 100-poi
Slide 38: Residential Projects - Ongoing
Residential Projects - Ongoing Sr. Project Location Est. Sale Ind AS Business Status No. Area (sq. ft.) Classification Model 1 Arihant Arshiya Khopoli 16,00,000 Own 100% owned Ongoing 2 Arihant Aarohi Kalyan Shil Rd. 2,65,353 Own 100% owned Ongoing 3 Arihant Anshula Taloja (Nr. Kharghar) 5,13,110 Ow
Slide 39: Residential Projects - Ongoing
Residential Projects - Ongoing Sr. Project Location Est. Sale Ind AS Business Model Status No. Area (sq. ft.) Classificatio n 10 Arihant Aalishan Kharghar 9,71,463 JV Area Based – 76.5% Ongoing 11 Arihant Aspire Panvel 31,52,869 Own 100% owned Ongoing 12 Arihant Anamika Vashi 3,60,000 Own 100% owned
Slide 40: Thank you !!
Thank you !! For further Information please contact Deepak Lohia CFO Tel: +91 22 6249 3333 Email: cfo@asl.net.in Corporate Office: Arihant Aura, Floor No. 25, B wing, Plot no 13/1, TTC Industrial Area, Thane Belapur Road, Turbhe, Navi Mumbai – 400705, Maharashtra I ARI HANT SUPERSTRLCTLRES LTD. CONT
Arihant Superstructures — Investor Presentation (June 2020) on 6ix