Ajmera Realty & Infra India Ltd · NSE:AJMERA
Ajmera Realty & Infra India — Q2 FY2022 Earnings Presentation
52 slides from Ajmera Realty & Infra India's earnings presentation, Nov 12, 2021
Slide 1: Exchange filing cover letter
Ref: SEC/ARIL/BSE-NSE/2021-22 Date: 12th November, 2021 Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers 5th Floor, Exchange Plaza, Dalal Street Bandra Kurla Complex Bandra (East) Mumbai – 400 001 Mumbai-400 051 Script Code : 513349 Script Code : AJMER
Slide 2: Investor Presentation Q2 FY 2022
Ajmera Realty & Infra India Limited INVESTOR PRESENTATION Q2 FY 2022
Slide 3: Disclaimer
DISCLAIMER ARIIL Cautionary statement regarding forward- materially from the statements made in this looking statements. This presentation may presentation. Company assumes no contain certain forward-looking statements obligation to update or alter forward-looking relating to Ajmera Realty & Infra I
Slide 4: Content
CONTENT ARIIL OUR FINANCIAL PORTFOLIO RISING UP WHAT LIES PERFORMANCE PERFORMANCE & ABOVE AHEAD NUMBER OF UNITS SOLD
Slide 5: Staying true to the RISE mantra in Q2 FY22
STAYING TRUE TO THE RISE MANTRA IN Q2 FY22 ARIIL Strong operating Continued construction Poised for growth Next Phase of performance with growth progress with Greenfinity now with clear revenue and Flagship project in PBT & PAT over Q1 FY22 eligible for revenue recognition bottom-line visibility nea
Slide 6: Our Financial Performance – Q2 FY 2022
ARIIL OUR FINANCIAL PERFORMANCE – Q2 FY 2022
Slide 7: Key Business Highlights – Q2 FY22
KEY BUSINESS HIGHLIGHTS – Q2 FY 22 ARIIL INR 91 Crs of sales in Q2 FY22 78 sold in Q2 FY22 ~77,000 sft sold INR 108 Cr received Steady Sales book with Increase in number of Advance stage Sales advances stable QoQ sales UNITS sold by ~28% QoQ projects almost sold, mid remain steady QoQ stage projects
Slide 8: Sales – Q2 FY22
SALES – Q2 FY 22 ARIIL VALUE OF SALES NUMBER OF UNITS SOLD AREA SOLD SALES ADVANCES QoQ Comparison QoQ Comparison QoQ Comparison QoQ Comparison 111 91 61 78 92,185 76,897 109 108 Value of Sales (INR Cr) Number of units sold Area Sold (sq. ft) Sale Advances (INR Cr) Q1 FY22 Q2 FY22 Q1 FY22 Q2 FY22 Q1
Slide 9: Sales – Q2 FY22
SALES – Q2 FY 22 ARIIL Mumbai - Sales (INR Cr) Bangalore – Sales (INR Cr) Ahmedabad – Sales (INR Cr) 8 14 23 21 16 8 1 Mumbai Bangalore Ahmedabad AEON TREON SIKOVA GREENFINITY LUGAANO NUCLEUS - RESI CASA VYOMA Number of units sold in Mumbai Number of units sold in Bangalore Number of units sold in A
Slide 10: Financial Performance
FINANCIAL PERFORMANCE ARIIL Multiple contributors to strong operational performance including 100 109 100 REVENUE 136 high project margins of Greenfinity Revenue (INR Cr) Revenue (INR Cr) Consolidated revenue for H1FY22 is INR 236 Cr equivalent to ~57% growth over H1FY21. The group expects to OPERAT
Slide 11: RISE – The Ajmera Way
ARIIL RISE– THE AJMERA WAY Inflection point with New launches, New Acquisitions and Completion of advance stage projects Q4 FY 22 Focus on new acquisitions and closure of first private equity tie up Q3 FY 22 Optimizing Operating performance Consolidation with stable operations and revenue visibility
Slide 12: Advance Stage Projects – Q2 FY 2022
ARIIL ADVANCE STAGE PROJECTS – Q2 FY 2022
Slide 13: Aeon, Zeon & Treon - Wadala
AEON, ZEON & TREON - WADALA ARIIL Sales Book as on 30th September 2021 ~INR 2,068 Cr Estimated Completion December 2021 Area Sold 1,262,717 sft Aeon – OC received Zeon – OC received Revenue Recognised Treon – Part OC received upto 30th September 2021 INR 2,047 Cr Asset Mix Balance revenue pending Re
Slide 14: Nucleus Bangalore
NUCLEUS BANGALORE ARIIL Sales Book as on Estimated Completion 30th September 2021 Wing A & B – January 2022 ~INR 106 Cr Area Sold Wing A & B- RCC Completed, 202,416 sft internal work ongoing Commercial wing – Revenue Recognised upto RCC completed 30th September 2021 Project Construction ahead INR 89
Slide 15: Mid Stage Projects – Q2 FY 2022
ARIIL MID STAGE PROJECTS – Q2 FY 2022
Slide 16: Sikova - Ghatkopar
SIKOVA - GHATKOPAR ARIIL WALK TO WORK CONCEPT Sales Book as on 30th September 2021 7th Slab casted out of INR 49 Cr a total of 15 slabs Project Construction Area Sold ahead of Schedule 25,513 sft Balance Revenue pending Sold ~INR 49 Cr Asset Mix Estimated Unsold ~INR 203 Cr Commercial Future Revenue
Slide 17: Greenfinity - Wadala
GREENFINITY - WADALA ARIIL Sales Book as on 30th September 2021 15th slab casted out of INR 86 Cr a total of 23 slabs Project Construction Area Sold ahead of Schedule 55,131 sft Balance Revenue pending Sold ~INR 66 Cr Asset Mix Estimated Unsold ~INR 93 Cr Residential Future Revenue Potential ~INR 15
Slide 18: Lugaano – Yelahanka, Bangalore
LUGAANO – YELAHANKA, BANGALORE ARIIL Sales Book as on 30th September 2021 INR 35 Cr Wing A & B- 3rd slab work ongoing Area Sold Non tower area completed 76,711 sft Balance Revenue Pending Sold ~INR 35 Cr Asset Mix Estimated Unsold ~INR 93 Cr Residential Future Revenue Potential ~INR 128 Cr Area unde
Slide 19: Florenza – Yelahanka, Bangalore
FLORENZA – YELAHANKA, BANGALORE ARIIL Total Value of Stock ~INR 131 Cr Plinth work commenced, Approvals in place Area Sold 15,651 sft Balance Revenue Pending Sold ~INR 7 Cr Asset Mix Unsold ~INR 124 Cr Residential Future Revenue Potential ~INR 131 Cr Area under Development 274,182 sft Estimated Comp
Slide 20: Nucleus Wing C – Bangalore
NUCLEUS WING C – BANGALORE ARIIL Total Value of Stock ~INR 80 Cr Footing and columns completed, Area Sold Excavation for non 11,878 sft tower area commenced Balance Revenue Pending Sold ~INR 4 Cr Asset Mix Estimated Unsold ~INR 74 Cr Residential Future Revenue Potential ~INR 78 Cr Area under develop
Slide 21: Projects Set for Launch – Q2 FY 2022
ARIIL PROJECTS SET FOR LAUNCH – Q2 FY 2022
Slide 22: Upcoming project launches
NUCLEUS WING C – BANGALORE ARIIL CODENAME CODENAME CODENAME WADALA GHATKOPAR MARKET YARD WADALA, GHATKOPAR, MARKET YARD, 1.3 mn sft LOCATION MUMBAI MUMBAI PUNE scheduled for launch in FY 22 SIZE ~8 LAKH SFT ~1.5 LAKH SFT ~3.1 LAKH SFT ESTIMATED INR 250 CR INR 340 CR ~ INR REVENUE INR 1,450 CR 2,040
Slide 23: International Projects Update - United Kingdom
ARIIL INTERNATIONAL PROJECTS UPDATE - UNITED KINGDOM Bishop’s Avenue, London Kings Borough, London Area under development ~67,000 sq. ft Estimated Revenue ~INR 270 Cr Calico, Liverpool Southhall Men’s Working Club, Southhall The Mill House, Windsor
Slide 24: Revenue Potential FY22 – Advanced Stage Projects
ARIIL REVENUE POTENTIAL FY 22 – ADVANCED STAGE PROJECTS Sales Book Balance Revenue Completion Total Revenue Estimated as on Revenue Unsold Potential Projects as on Area Recognised Sale value 30 Sep 2021 Recognition Area (sft) (INR Cr) 30 Sep 2021 Sold (sft) (INR Cr) (INR Cr) (INR Cr) (INR Cr) FY 22
Slide 25: Revenue Over Next 36 Months – Mid Stage Projects
ARIIL REVENUE OVER NEXT 36 MONTHS – MID STAGE PROJECTS Balance Revenue Completion Total Area Sales Book as Revenue Estimated Revenue Unsold Area Potential Projects as on Sold on Recognised Sale value Recognition (sq.ft) (INR Cr) 30 Sep 2021 (sq.ft) 30 Sep 2021 (INR Cr) (INR Cr) (INR Cr) FY 22 Sikova
Slide 26: Revenue Visibility
ARIIL REVENUE VISIBILITY Advanced Stage Projects Mid Stage Projects Upcoming Projects INR INR INR INR INR 38 Cr 172 Cr 162 Cr 586 Cr 2,040 Cr. Pre-sales Sales revenue Pre-sales Sales revenue Potential Sales revenue from from unsold revenue from from unsold Revenue nearly inventory mid stage inventor
Slide 27: What Lies Ahead
~ G EN) ARIIL aed WHAT LIE AHEAD
Slide 28: Projects Under Consideration
PROJECTS UNDER CONSIDERATION Bhandup 2022 Total development Aspirational Year of acquisition (8 lakh sft) potential 0.9 MSF (Q4 FY 22) Ghatkopar (1 lakh sft) (Q4 FY 22 Residential Type of projects (Affordable housing & mid segment) * Map not to scale
Slide 29: Rising to Redefine the Wadala Office Landscape
RISING TO REDEFINE THE WADALA OFFICE LANDSCAPE Wadala poised for change in the commercial real estate space TOTAL DEVELOPMENT POTENTIAL ~3 Million sft Ajmera to expand the group’s (Leasable) footprint to Grade A commercial office space NCLT directed to Creating an office destination convene meeting
Slide 30: Rising Up & Above
ARIIL RISING UP & ABOVE
Slide 31: RISE – The Ajmera Way
RISE– ARIIL THE AJMERA WAY Above customer expectations R Open door Beyond Re-invent the wheel through policy with shareholder employees aspirations new business practises Inspire to adopt & adapt to the new world order I Mentoring Programs for young workforce RISE Continued debt reduction Supply cre
Slide 32: Human Capital & Social Responsibilities
ARIIL HUMAN CAPITAL & SOCIAL RESPONSIBILITIES
Slide 33: Employee Well Being
ARIIL EMPLOYEE WELL BEING Expansion of teams through increased recruitment High teens increments given to high performing employees FY-2022 - Investor Presentation
Slide 34: Employee Well Being
ARIIL EMPLOYEE WELL BEING AJMERA GROUP TOWNHALL HEALTH CAMP FOR SITE WORKERS DIWALI CELEBRATIONS FY-2022 - Investor Presentation
Slide 35: ESG Initiatives
ARIIL ESG INITIATIVES E S G Environment Social Strong safety first Responsibility Governance On site Vaccination Drive planning, Daily sanitization, mask distribution • Use of organic waste • Free health checkup • Structured digital and work from home converters to minimise camps and free medical at
Slide 36: Investor Relations
INVESTOR RELATIONS ARIIL Corporate Head office Ajmera Realty & Infra India Ltd. Citi Mall, Link Road, Andheri (W), Mumbai – 400 053 Board line: 022 - 6698 4000 investors@ajmera.com FY-2022 - Investor Presentation
Slide 37: Annexures
ARIIL ANNEXURES
Slide 38: Ajmera i-Land, Wadala
ARIIL Ajmera i-Land, Wadala 100 Acres of Integrated Township
Slide 39: Ajmera Group at a Glance
ARIIL AJMERA GROUP AT A GLANCE Over 5 Decades of Legacy and Trust 3rd Generation driving the way ahead Quality driven, customer centric, Presence in Mumbai, Pune, Ahmedabad, Bangalore, timely delivery United Kingdom & Bahrain
Slide 40: Ajmera Group – The Journey
AJMERA GROUP – THE JOURNEY ARIIL The Group 1,500 units Delivered looks to Mumbai’s delivered in Kalyan 17,000 ARIIL enters the towards largest garden Bangalore market - Yogi Dham. Units Ahmedabad to in Wadala The Group sets up In Mira Road, conquer a new Delivered its U.K. Shanti Nagar market operat
Slide 41: Ajmera Philosophy
AJMERA PHILOSOPHY ARIIL CHANGE IS THE ONLY CONSTANT ion iss M Vi sio n Sub Optimum Leverage Evolve Visionary Sustainability High Rich Destination Legacy Creator BUILT ON TRUST
Slide 42: Global Presence
ARIIL GLOBAL PRESENCE United Kingdom | 1 lakh Sq.ft. Bahrain | 15 lakh Sq. .Ft. 585 lakh square feet of development India | 569 lakh Sq.ft. **Includes completed, ongoing & upcoming development Presence in 3 countries India, United Kingdom & Bahrain Established in early 1968’s Mumbai and other In Ahm
Slide 43: Pan India Presence
ARIIL PAN INDIA PRESENCE Highest rentals in the country 569 lakh square feet of Mumbai 203 16 34 182 development **Includes completed, ongoing & upcoming development Gujarat, Ahmedabad Presence in 6 cities & Others Bangalore, Mumbai, Pune, Ahmedabad, Surat & Rajkot 57 12 - - Pune Presence across Ass
Slide 44: Mumbai Presence
ARIIL MUMBAI PRESENCE Mumbai Presence 434 lakh square feet of Mira Road development ** **Includes completed, ongoing & upcoming development Borivali Advanced stage projects set for delivery in FY22 Mulund Andheri West Kanjurmarg Vile Parle Kalyan Two new launches in FY21 Kalina Ghatkopar Kurla Acqui
Slide 45: Leadership – Next Generation at the Helm
LEADERSHIP – NEXT GENERATION AT THE HELM ARIIL Mr. Rajnikant S. Ajmera Mr. Manoj Ishwarlal Ajmera Chairman & Managing Director, Ajmera Group Managing Director, Ajmera Group One of the most prominent names in the real estate industry, Mr. Mr. Manoj Ajmera is one of the key architects of the group evo
Slide 46: Project Portfolio
ARIIL PROJECT PORTFOLIO
Slide 47: Completed Projects in Mumbai and Pune
COMPLETED PROJECTS IN MUMBAI ARIIL Project Name Location City Area (sq.ft.) Units Bhakti-Park Wadala Mumbai 39,63,028. 3400 Zeon, i-Land Wadala Mumbai 4,82,000 225 Shastri Nagar Andheri- West Mumbai 17,30,000 4026 Citi Mall Andheri- West Mumbai 1,00,000 235 Yogi Nagar Borivali Mumbai 16,01,688 3000
Slide 48: Completed Projects in Gujarat and Bangalore
COMPLETED PROJECTS IN GUJARAT ARIIL Project Name Location City Area (sq.ft.) Units Shastri Nagar Dharam Nagar Rajkot 7,00,000 1200 Enigma SG Road Ahmedabad 3,00,000 150 Sahajanand Shopping Center Khadia Ahmedabad 1,10,000 374 Pramukh Park Udhna Surat 35,00,000 Approx. 7,000 Casa Vyoma Vastrapur Ahme
Slide 49: Financials
ARIIL FINANCIALS
Slide 50: Consolidated Profit & Loss Summary
CONSOLIDATED PROFIT & LOSS SUMMARY ARIIL INR Lakhs Sr no. Particulars Quarter Ended Quarter Ended Quarter Ended Year Ended 30.09.2021 30.06.2021 30.09.2020 31.03.2021 1 Income From Operations a) Revenue from Operation 9,848 13,462 10,770 34,672 b] Other Operating Income - - - - c] Other Income 160 6
Slide 51: Group Partners
ARIIL GROUP PARTNERS Strategic Partner Financial & Legal Partners Design & Architecture Other Consultants FY-2022 - Investor Presentation
Slide 52: Thank You
Bult on Trust THANK YOU Ajmera Realty and Infra India Limited Contact Info: Kunal Bhoite Ajmera Realty and Infra India Limited E-mail: kunal.b@ajmera.com , investors@ajmera.com Registered Office: Ajmera Realty & Infra India Ltd ,2nd Floor, Citi Mall, Andheri Link Road Andheri (West), Mumbai - 400053
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