Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2018 Earnings Presentation
31 slides from Ashiana Housing's earnings presentation, Jun 30, 2017
Slide 1: Investor Update for the quarter ended 30th June, 2017
Investor Update For the quarter ended 30th June, 2017 BSE: 523716 | NSE: ASHIANA | Bloomberg: ASFI:IN| Reuters: AHFN.NS www.ashianahousing.com © 2014, Ashiana Housing Limited. All Rights Reserved.
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 Total saleable area of the entire project corresponding to 100% economic Saleable Area 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 Ongoing Projects
Slide 4: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures FY2017 4
Slide 5: Highlights and Overview
Highlights and Overview 01 Highlights and Overview Highlights Operational Overview Financial Overview Quarterly Performance Cash Flow Position FY2017 5
Slide 6: Highlights
- oe Qsshi Highlights aia! us * With significant reduction in impact of demonetisation, booking area improved to 1.51 Lakhs Sq. ft.(Q1FY18) vs. 1.05 Lakhs Sq. ft. in previous quarter. Sales in Q1FY17were at 2.41 Lakhs Sq. ft. « Area constructed decreased to 2.46 Lakhs Sq. ft. (Q1FY18) vs 4.15 Lakhs
Slide 7: Highlights Contd…
Highlights Contd... @eshions * Other Income of INR 2.28 Crores (Q1FY18) vs INR 5.59 Crores (Q1FY17). Other income included income from Maintenance, Hospitality and Income from Investments. = Deliveries during the quarter commenced in Ashiana Umang Phase-2 and Vrinda Gardens Phase-e (both projects in
Slide 8: Operational Overview
Operational Overview Area booked increased by 44% compared to previous quarter and lower by 37% compared to corresponding quarter of previous year Area Constructed lower by 44% compared to previous quarter. Our construction has been generally as per our committed timelines Note : Equivalent Area Con
Slide 9: Financial Overview
Financial Overview Sales & Other Income lower by 61% compared to previous quarter due to lower deliveries. As a result Profit after tax lower vs. previous quarter Pre-tax operating cashflow positive due to lower construction during last quarter. However, collections remained low due to pressure on s
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered Value of Area Equivalent Area Particulars Area Booked & Recognised Booked Constructed* for Revenue AHL 27.93 0.85 2.02 2.10 FY18 Quarter 1 Partnership 20.79 0.66 0.44 0.60 Total 48.72 1.51 2.46 2.70 AHL 148.
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend AHL Project Location Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Aangan Neemrana Neemrana (1,450) 1,450 251 (1,450) - - Anantara Jamshedpur 13,540 7,815 1,180 11,940 - - Anmol Gurgaon 11,680 14,530 8,190 7,745 7,745 3,585 Tarang Bhiwadi 28,139 6,122 15,332 3,886 5,590 2,768 Ashia
Slide 12: ProjectWise Cash Flow Position in Ongoing Projects
ProjectWise Cash Flow Position in Ongoing Projects Lakhs Sq. ft. Lakhs Sq. ft. INR Crores INR Crores Lakhs Sq. ft. Equivalent Sale Value of Amount Area Entity Location Projects Phases Saleable Area Area Booked Area Booked Received Constructed* AHL Bhiwadi Nirmay Phase-1 2.18 1.37 49.45 38.36 1.37 Bh
Slide 13: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Lakhs Sq. ft. Lakhs Sq. ft. INR Crores INR Crores Lakhs Sq. ft. Equivalent Sale Value of Amount Area Entity Saleable Area Area Booked Area Booked Received Constructed* AHL 14.62 7.89 271.38 198.07 8.75 Partnership 3.06 2.34 67.74 46.72 1.76 Grand Total 17.69 10
Slide 14: Ongoing Projects
02 Ongoing Projects Geographical Presence Ongoing Projects Summary Break up of Area Booked Yearly Data and Projections Quarterly Data FY2017 14
Slide 15: Geographical Presence
Geographical Presence FY2017 15
Slide 16: Ongoing Projects Summary
Ongoing Projects Summary Lakhs Sq. ft. Lakhs Sq. ft. Expected Completion Location Projects Phases Share in Project Types Saleable Area Area Booked Date Bhiwadi Nirmay Phase-1 100% Senior Living 2.18 1.37 Q1FY19 Bhiwadi Surbhi Phase-4 100% Comfort Homes 0.93 0.64 Q4FY18 Bhiwadi Tarang Phase-1 100% Co
Slide 17: Break-Up of Area Booked (QoQ)
Break-Up of Area Booked (QoQ) FY2017 17
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 13 FY 14 FY 15 FY 16 FY 17 Equivalent Area Lakhs Sq. ft. 12.27 17.87 22.8 23.44 17.39 Constructed* Area Booked Lakhs Sq. ft. 18.65 22.13 18.12 8.63 6.96 Value of Area Booked INR Lakhs 50,335 64,756 54,772 28,421 22,508 Average Realizations INR/ Sq. ft. 2,6
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Units Q4FY16 Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Equivalent Area 6.10 4.15 4.81 4.94 4.38 2.46 Constructed* Lakhs Sq. ft. 2.21 2.41 2.11 1.39 1.05 1.51 Area Booked Lakhs Sq. ft. 7,061 7,937 6,742 4,579 3,251 4,872 Value of Area Booked Lakhs Sq. ft. 3,201 3,298 3
Slide 20: Financials
03 Financials Financial Summary YoY Financial Summary QoQ FY2017 20
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 10 FY 11 FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 Sales and Other Income INR Crores 121.03 154.28 248.98 161.42 122.80 164.44 542.67 397.02 Operating Expenditure INR Crores 74.11 95.78 159.30 113.75 90.91 105.42 385.47 291.00 EBITDA INR Crores 46.9
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Sales and Other Income INR Crores 24.32 124.60 54.12 193.98 77.66 Operating Expenditure INR Crores 27.07 88.33 34.54 141.06 67.82 EBITDA INR Crores (2.75) 35.38 19.58 53.81 9.84 Profit/(Loss) After Tax INR Crore
Slide 23: Future Outlook
04 Future Outlook Future Projects Summary Land available for Future Development Completed Projects having Inventory FY2017 23
Slide 24: Future Projects Summary
Future Projects Summary Lakhs Sq. ft. Location Projects Phases Share in Project Type Saleable Area Bhiwadi Surbhi Phase-5 100% Comfort Homes 0.36 Phase-2,3 & Bhiwadi Tarang 4 100% Comfort Homes 9.32 Ashiana Bhiwadi Gamma Phase-1 100% Comfort Homes 18.45 Bhiwadi Nirmay Phase-2 & 3 100% Senior Living
Slide 25: Land available for Future Development
Land available for Future Development Acres Lakhs Sq. ft. Estimated Estimated Location Land Proposed Development Land Area Saleable Area Bhiwadi Milakpur Land 40.63 31.00 Comfort Homes/ Senior Living New Land, Ajmer Jaipur 8.84 9.00 Comfort Homes/ Senior Living Road Kolkata Uttarpara 19.72 14.88 Com
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Area Booked Recognised & For Unrecognised Unbooked Location Projects Phase Share in Project Type Saleable Area Booked Area Revenue For Revenue Area Bhiwadi Ashiana Town Phase-1, 2, & 3 100%
Slide 27: Contact Information
Contact Information For Any Queries, Contact Investor Relations Ashiana Housing Ltd. E:investorrelations@ashianahousing.com T: (+91) 11 4265 4265 FY2017 27
Slide 28: Annexure
05 Annexure About Ashiana Business Model Accolades Abbreviations FY2017 28
Slide 29: Business Model
Business Model In house end-to-end construction capabilities – Ensure higher control over High quality in- cost and quality and flexibility in execution house construction Focus on use of high quality and efficient construction methodologies & techniques to help reduce time and cost Instead of broke
Slide 30: Accolades
@sshisna you are in safe hands Accolades Awards & Recognitions 2016 Ashiana Dwarka, Jodhpur awarded as Budget Project of the Year 2016 by NDTV Property Awards Received Bhamashah award for Contribution made in the field of Education by Govt. of Rajasthan Received FICCI “Category” -CSR Award for Small
Slide 31: Abbreviations
Abbreviations Sq. ft.: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax 31 FY2017