Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q4 FY2023 Earnings Presentation
35 slides from Ashiana Housing's earnings presentation, March 2023
Slide 1: Investor Update Mar 2023
Investor Update Mar 2023 BHIWADI | GURUGRAM | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | HALOL | NEEMRANA MUMBAI | NEW DELHI | BENGALURU | AUSTRALIA | SINGAPORE BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHT
Slide 2: 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
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. 4
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. 5
Slide 6: Annual Highlights
Annual Highlights Sales Value for FY23 was INR 1313.43 Crores vs INR 573.25 Crores for FY22, YoY increase of 129%. Booking increased by 75% from 14.76 Lakhs Sq. ft. (FY22) to 25.86 Lakhs Sq. ft. (FY23). Sales Price improved to INR 5,080 psf (FY23) vs 3,883 psf (FY22), an increase of 31% YoY, d
Slide 7: Quarterly Highlights
Quarterly Highlights Ashiana Ekansh in Jaipur and Ashiana Prakriti in Jamshedpur were launched under Premium Homes category. Ashiana Prakriti was fully sold at launch comprising of 162 units (2.57 lakhs sq. ft.). Tarang Phase 4B was launched in Bhiwadi (Premium Homes). Phase 4B launched in Shu
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 10.00 9.03 9.00 8.59 8.00 7.00 Area booked was 8.59 Lakh Sq Ft in Q4 FY23 vs 9.03 6.00 Lakhs Sq. ft in Q3FY23 5.07 5.08 5.00 4.53 EAC was 5.08 Lakh Sq Ft in Q4 FY23 vs 3.42 lakhs Sq 4.00 3.42 ft in Q3 FY23 3.00 2.00 1.00 0.00 Equivalent Area Constructed Area Booked
Slide 9: Quarterly Financial Overview
Quarterly Financial Overview Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 Q4FY22 Q3FY23 Q4FY23 10.38 35.59 135.31 116.94 27.48 22.59 78.28 9.05 8.87 Sales and Other Income Profit/(Loss) After Tax * Pre - Tax Operating Cash Flows Sales and Other income was recorded at INR 116.94 Crores in Q4FY23 vis a
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered & Period Entity Equivalent Area Value of Area Booked Area Booked Recognized for Constructed* Revenue AHL 1249.95 24.33 16.69 8.97 FY 23 Partnership 63.48 1.53 0.04 1.54 Total 1313.43 25.86 16.73 10.51 AHL 41
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend Location Projects Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 AHL Neemrana Aangan Neemrana 1,450 1,450 - - Gurgaon Anmol 2,550 28,495 85,788 58,126 1,04,384 1,81,226 1,28,714 69,121 Gurgaon Ashiana Amarah - - 3,95,360 - Bhiwadi Tarang 16,713 15,561 9,493 5,873 27,37
Slide 12: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Equivalent Sale Value of Amount Salable Area Area Booked Area Location Projects Phase Area Booked Received (Lakhs sq ft) (Lakhs sq ft) Constructed (INR Crores) (INR Crores) (Lakhs sq ft) Nirmay Phase 4 2.08 1.81 68.22 42.10 1.50 Ashiana Advik Phase
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. 13
Slide 14: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune Jodhpur 4% Bhiwadi 6% 13% Jamshedpur Chennai 14% 7% Gurugram 18% Jaipur 38% © Ashiana Housing Limited, All Rights Reserved. 14
Slide 15: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Area Possession Salable Area Expected Customer Location Projects Phase Type Economic Interest Booked Timeline as per (Lakhs sq ft) Handover Date (Lakhs sq ft) RERA Bhiwadi Nirmay Phase 4 Senior Living 100% Ownership 2.09 1.81 Q3FY25 Q3FY24 Bhiw
Slide 16: Year wise Deliveries
Year wise Deliveries Expected Salable Area Year Location Projects Phase Customer (Lakhs sq ft) Handover Date Bhiwadi Tarang Phase 3 1.14 Q2FY24 Bhiwadi Nirmay Phase 4 2.08 Q3FY24 Chennai Shubham Phase 4 2.46 Q4FY24 Jaipur Daksh Phase 2 2.35 Q1FY24 Jaipur Amantran Phase 1 3.58 Q1/Q2FY24 FY24 Jaipur D
Slide 17: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) Jamshedpur Jodhpur PuneBhiwadi 2% 4% 5% 8%Gurugram Bhiwadi 8% Jaipur 17% Pune 16% Jamshedpur 3% Chennai 31% 11% Q4 FY23 Gurugram Jaipur Q3 FY23 58% 37% Jamshedpur Jodhpur 2% 2% Jodhpur Chennai Bhiwadi 4% 4% 13% Jamshedpur 5% Bhiwadi Jaipur Chennai 21% 23% 6% Gurugram 37
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 Equivalent Area Constructed* Lakhs Sq. ft. 22.8 23.44 17.39 8.16 7.68 9.85 11.66 16.20 16.73 Area Booked Lakhs Sq. ft. 18.12 8.63 6.96 6.93 10.79 19.82 14.97 14.76 25.86 Value of Area Booked INR Lakhs 54,7
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Equivalent Area Constructed* Lakhs Sq. ft. 3.90 2.89 4.50 3.73 5.07 3.85 4.38 3.42 5.08 Area Booked Lakhs Sq. ft. 8.30 1.51 4.51 4.21 4.53 3.34 4.90 9.03 8.59 Value of Area Booked INR Lakhs 29,
Slide 20: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 20
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 Sales and Other Income INR Crores 397.02 334.92 350.63 317.55 259.31 233.59 425.19 Operating Expenditure INR Crores 291.00 266.92 303.37 316.84 241.11 230.71 379.41 EBITDA INR Crores 106.02 68.00 47.26 0.
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Sales and Other Income INR Crores 81.36 40.43 60.69 54.19 78.28 81.22 91.72 135.31 116.94 Operating Expenditure INR Crores 83.66 44.10 63.33 55.08 68.19 65.24 91.63 119.67 102.88 EBIT
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. 23
Slide 24: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 5&6 100% 6.11 Bhiwadi Ashiana Advik 2,3,4 & 5 100% 10.57 Jaipur Ashiana Ekansh 3&4 77.25% Revenue Share 4.88 Jaipur Ashiana Nitara All 80.20% Revenue Share 6.50 Jaipur The Amaltas by
Slide 25: Land available for Future Development
Land available for Future Development Estimated Area Estimated Saleable Area Location Land/ Project Name Economic Interest Proposed Development (Acres) (Lakhs Sq. ft) Premium Homes*/ Senior Bhiwadi Milakpur 40.63 31.00 100% Living Premium Homes /Senior Kolkata Ashiana Maitri/Nitya 19.72 14.88 85% Re
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Saleable Unbooked Location Projects Phase Share in Project Type Booked Area Area Area Bhiwadi Ashiana Town 1, 2, & 3 100% Kid Centric Homes 15.33 13.89 1.44 Bhiwadi Surbhi 1-5 & Plaza 100% Premium Homes 4.02 3.59 0.44 Gujarat Navrang 1, 2 & 3 81 % of Revenue Premi
Slide 27: Shareholding Pattern as on 31st Mar 2023
Shareholding Pattern as on 31st Mar 2023 Shareholding Pattern Institutional Holding above 1% Others 22.57% Rank Fund / Institution No. of Shares % Holding 1 India Capital Fund Limited 72,80,406 7.11% 2 SBI Contra Fund 50,27,871 4.91% ICICI Prudential Equity & Debt FII & FPI 3 35,68,137 3.49% 7.58% F
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. 29
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, Lavasa, Halol, Chennai and Kol
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: 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 34: 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 35: 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