Ashiana Housing Limited · NSE:ASHIANA

Ashiana Housing — Q3 FY23 Earnings Presentation

36 slides from Ashiana Housing's earnings presentation, Dec 31, 2022

  1. Slide 1: For the Quarter ended 31st Dec 2022

    For the Quarter ended 31st Dec 2022 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED.

  2. 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

  3. 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

  4. 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

  5. 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

  6. Slide 6: Financial Highlights Q3FY23

    Financial Highlights Q3FY23  Total Revenue increased to INR 135.31 Crs (Q3FY23) from INR 91.72 Crs in Q2FY23 due to higher deliveries in AHL (3.24 lsft vs 1.70 lsft)  TCI improved to positive INR 9.29 Crs (Q3FY23) from negative INR 1.31 Crs in Q2FY23 dur to higher revenues  Pre-tax operating cash

  7. Slide 7: Financial Highlights 9MFY23

    Financial Highlights 9MFY23  Total Revenue increased to INR 308.25 Crs (9MFY23) from INR 155.31 Crs in 9MFY22  TCI improved to positive INR 18.27 Crs (9MFY23) from negative INR 15.78 Crs in 9MFY22  Pre-tax operating cash flows was positive at INR 62.26 Crores (9MFY23) vs positive at INR 137.56 Cr

  8. Slide 8: Operational Highlights Q3FY23

    Operational Highlights Q3FY23  Value of Area Booked recorded at INR 485.29 Crores (Q3FY23) vs 240.19 Crores (Q2FY23)  Improvement in realization price at Rs 5,373 per sq. ft. in Q3FY23 as compared to 4,904 Rs per sq. ft. in Q2FY23  Ashiana Advik was launched in Bhiwadi under Senior Living categor

  9. Slide 9: Quarterly Operational Overview

    Quarterly Operational Overview Quarterly Operational Overview 10.00 9.03 9.00 8.00  Area booked was 9.03 Lakh Sq Ft in Q3 FY23 vs 4.90 7.00 Lakhs Sq. ft in Q2FY23 6.00 In Lakhs Sq. ft. 4.90  EAC was 3.42 Lakh Sq Ft in Q3 FY23 vs 4.38 lakhs Sq 5.00 4.38 4.21 ft in Q2 FY23 4.00 3.73 3.42 3.00 2.00 1

  10. Slide 10: Quarterly Financial

    Quarterly Financial  Sales and Other income increased to INR 135.31 Crores in Q3FY23 vis a vis INR 91.72 Crores in Q2FY23  PAT was recorded at positive INR 9.05 Crs for Q3FY23 vis a vis negative INR 1.81 Crs for Q2FY23  *Pre-Tax Operating Cash Flow was at positive INR 35.59 Crs for Q3FY23 vs nega

  11. Slide 11: Quarter wise Performance

    Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Period Entity Area Delivered & Value of Area Equivalent Area Area Booked Recognized for Booked Constructed* Revenue AHL 470.02 8.66 3.42 3.24 FY23 Quarter 3 Partnership 15.26 0.37 0.00 0.36 Total 485.29 9.03 3.42 3.60 AHL

  12. Slide 12: Quarterly Sales Trend

    Quarterly Sales Trend Project Location Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY22 Q3FY23 AHL (Area in Sq. Ft. ) Aangan Neemrana Neemrana (1,199) 1,450 1,450 - - - - - Anmol Gurgugram 60,895 2,550 28,495 85,788 58,126 1,04,384 1,81,226 1,28,714 Amarah Gurgugram 3,95,360 Tarang Bhiwadi 20,494 16

  13. Slide 13: Project wise Cash Flow Position in Ongoing Projects

    Project wise Cash Flow Position in Ongoing Projects Sale Value of Area Amount Equivalent Area Saleable Area Area Booked Entity Location Project Phase Booked Received Constructed * (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL AHL Bhiwadi Nirmay 4 2.09 1.79 67.43 40.58

  14. Slide 14: Cash Flow Position in Ongoing Projects

    Cash Flow Position in Ongoing Projects Equivalent Sale Value of Area Amount Saleable Area Area Booked Area Entity Booked Received (Lakhs Sq. ft.) (Lakhs Sq. ft.) Constructed* (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL 56.32 42.31 1,796.82 964.47 29.90 Partnership 0.00 0.00 0.00 0.00 0.00 Grand To

  15. Slide 15: 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. 15

  16. Slide 16: Geographical Presence

    Geographical Presence Saleable Area of Ongoing Projects Pune 6% Bhiwadi 13% Gurugram Chennai 20% 4% Jodhpur 6% Jamshedpur 17% Jaipur 34% © Ashiana Housing Limited, All Rights Reserved. 16

  17. Slide 17: Ongoing Projects Summary – Expected Completion Timeline

    Ongoing Projects Summary – Expected Completion Timeline 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 1.79 Q3FY25 Q3FY24 Bhiwadi Advik 1 1

  18. Slide 18: Break Up of Area Booked (QoQ)

    Break Up of Area Booked (QoQ) Jamshedpur Jodhpur Jamshedpur Jodhpur 2% 4% 2% 2% Bhiwadi Chennai Bhiwadi Jaipur 17% 4% 13% Pune 16% Jaipur 3% 23% Neemrana Gurugram 0% 37% Gurugram Pune Q3 FY23 Q2 FY23 58% 19% Gujarat Jodhpur 0% 4% Jodhpur Jamshedpur Jamshedpur 3% 5% Bhiwadi 7% Bhiwadi Chennai 21% Che

  19. Slide 19: Yearly Operational Data

    Yearly Operational Data Particulars Unit FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Equivalent Area Lakhs Sq. ft. 17.87 22.8 23.44 17.39 8.16 7.68 9.85 11.66 16.20 Constructed* Area Booked Lakhs Sq. ft. 22.13 18.12 8.63 6.96 6.93 10.79 19.82 14.97 14.76 Value of Area INR Lakhs 64,756 54,7

  20. Slide 20: Quarterly Operational Data

    Quarterly Operational Data Particulars Unit Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Equivalent Area Lakhs Sq. ft. 3.90 2.89 4.50 3.73 5.07 3.85 4.38 3.42 Constructed* Area Booked Lakhs Sq. ft. 8.30 1.51 4.51 4.21 4.53 3.34 4.90 9.03 Value of Area Booked INR Lakhs 29,969 5,220 16,572

  21. Slide 21: Financials

    Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 21

  22. Slide 22: Financial Summary YoY (Consolidated)

    Financial Summary YoY (Consolidated) Particulars Unit FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Sales and Other Income INR Crores 542.67 397.02 334.92 350.63 317.55 259.31 233.59 Operating Expenditure INR Crores 385.47 291.00 266.92 303.37 316.84 241.11 230.71 EBITDA INR Crores 157.20 106.02 68.00 4

  23. Slide 23: Financial Summary QoQ (Consolidated)

    Financial Summary QoQ (Consolidated) Particulars Unit Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Sales and Other Income INR Crores 89.71 81.36 40.43 60.69 54.19 78.28 81.22 91.72 135.31 Operating Expenditure INR Crores 71.23 83.66 44.10 63.33 55.08 68.19 65.24 91.63 119.67 EBITDA

  24. Slide 24: 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. 24

  25. Slide 25: Future Projects Summary

    Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 4,5 & 6 100% 6.86 Bhiwadi Ashiana Advik 2,3,4 & 5 100% 10.57 Jaipur Ashiana Ekaansh All 77.25% Revenue Share 9.65 Gurugram Ashiana Amarah 2,3,4 & 5 100% 16.73 Chennai Ashiana Shubham

  26. Slide 26: Land available for Future Development

    Land available for Future Development 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 85% Revenue Kolkata Ashiana Maitri/Nitya 19.72 14.88 Premium Homes /S

  27. Slide 27: Completed Projects having Inventory

    Completed Projects having Inventory Saleable Booked Unbooked Location Projects Phase Share in Project Type Area Area Area Bhiwadi Ashiana Town 1, 2, & 3 100% Kid Centric Homes 15.33 13.87 1.46 Bhiwadi Surbhi 1-5 & Plaza 100% Premium Homes 4.02 3.56 0.46 Gujarat Navrang 1, 2 & 3 81 % of Revenue Premi

  28. Slide 28: Shareholding Pattern as on 31st Dec 2022

    Shareholding Pattern as on 31st Dec 2022 Shareholding Pattern Institutional Holding above 1% Shareholding Pattern as on 31st Dec, 2022 Others Rank Fund / Institution No. of Shares % Holding 22.71% 1 India Capital Fund Limited 72,40,964 7.07% FII & FPI 7.55% Promoter & 2 SBI Contra Fund 50,27,871 4.9

  29. Slide 29: 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

  30. Slide 30: Annexure

    Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 30

  31. Slide 31: 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

  32. Slide 32: 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

  33. Slide 33: 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

  34. Slide 34: 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. 34

  35. Slide 35: 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

  36. Slide 36: 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

Ashiana Housing — Q3 FY23 Earnings Presentation on 6ix