Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — FY2017 Earnings Presentation
31 slides from Ashiana Housing's earnings presentation, Mar 31, 2017
Slide 1: Investor Update
Investor Update For the quarter and year ended 31st Mar, 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
Highlights The impact of demonetisation continued with Q4 booking at 1.05 lsft. March was a relatively better month with sales at 66k sq ft vs 18k sqft and 20k sq ft in January and February respectively. While the overall sense is that impact of demonetisation has reduced, we expect the booking numb
Slide 7: Highlights Cont....
Highlights Cont…. Deliveries during the quarter commenced in Gulmohar Gardens Phase-3 & 6, Ashiana Umang Phase-1, Ashiana Navrang Phase-1 (Partial) & 2, Ashiana Town Phase- 3 and Ashiana Utsav- Lavasa Phase-3, Ashiana Surbhi Phase -1 (Partial). Deliveries continued in Vrinda Gardens Phase 1, Ashiana
Slide 8: Operational Overview
Operational Overview Area Booking decreased by 24% compared to previous quarter and decreased by 52% compared to corresponding quarter of previous year Area Constructed decreased by 3% compared to previous quarter. Our construction has been generally as per our committed timelines * Note : Equivalen
Slide 9: Financial Overview
Financial Overview Sales & Other Income increased by 271% compared to previous quarter due to higher deliveries Profit after Tax increased by 113% compared to previous quarter Pre-tax operating cashflow remained negative due to lower collections FY2017 * Pre-tax operating cash flows from ongoing pro
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lacs Sqft Lacs Sqft Lacs Sqft Area Delivered & Value of Area Equivalent Area Particulars Area Booked Recognised for Booked Constructed* Revenue AHL 148.84 4.47 14.01 11.68 FY 17 Partnership 76.25 6.96 3.39 5.97 Total 225.08 6.96 17.39 17.65 AHL 21.60 0.68 3.66 6.8
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend Project Location FY16 Q1 FY16 Q2 FY16 Q3 FY16 Q4 FY17 Q1 FY17 Q2 FY17 Q3 FY17 Q4 Ashiana Housing Limited Ashiana Aangan Neemrana - (1,450) 1,450 - - - Ashiana Aangan Plaza Neemrana 1,026 (251) 251 (1,450) - Ashiana Anantara Jamshedpur 7,560 5,900 37,685 13,540 7,815 1,180 11,94
Slide 12: ProjectWise Cash Flow Position in Ongoing Projects
ProjectWise Cash Flow Position in Ongoing Projects Lacs Sqft Lacs Sqft INR Crores INR Crores Lacs Sqft Equivalent Saleable Sale Value of Amount Location Project Phases Area Booked Area Area Area Booked Received Constructed Ashiana Housing Limited Bhiwadi Surbhi 2 1.30 0.83 23.25 8.62 0.49 Bhiwadi Ta
Slide 13: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Lacs Sqft Lacs Sqft INR Crores INR Crores Lacs Sqft * Equivalent Saleable Sale Value of Amount Entity Area Booked Area Area Area Booked Received Constructed Ashiana Housing Limited 19.59 10.80 355.01 249.80 11.75 Partnership 4.75 3.12 95.51 64.14 3.19 Grand Tot
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 Jamshedpur 1% Pune Gurgaon Jodhpur 11% 2% 2% Chennai Gujarat 4% 4% Bhiwadi 32% Jaipur 44% Saleable Area of Ongoing Projects Jamshedpur Pune Neemrana Gujarat Jodhpur Bhiwadi Jaipur Chennai Gurgaon FY2017 15
Slide 16: Ongoing Projects Summary
Ongoing Projects Summary Lacs Sqft Lacs Sqft Expected Location Project Phase Economic Interest Project Type Saleable Area Area Booked Completion Time Bhiwadi Surbhi 2 100% Comfort Homes 1.30 0.83 FY 18 Bhiwadi Tarang 1 100% Comfort Homes 2.28 1.49 FY19 Bhiwadi Nirmay 1 100% Senior Living 2.18 1.24 F
Slide 17: Break-Up of Area Booked (QoQ)
Break-Up of Area Booked (QoQ) Pune Gurgaon 4% Gurgaon JamshedpurPune Neemrana 7% 5% 8% 2% -1% Gujarat Chennai Chennai 14% 9% Gujarat 11% 8% Jodhpur Jodhpur 6% 5% Bhiwadi 8% Jaipur 35% Bhiwadi Jaipur 27% 50% Q4 FY17 Q3 FY17 Jamshedpur Neemrana Jamshedpur Pune Neemrana Gurgaon 1% 3% Pune Gurgaon 1% 1%
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 13 FY 14 FY 15 FY 16 FY 17 Equivalent Area Lacs Sqft 12.27 17.87 22.8 23.44 17.39 Constructed* Area Booked Lacs Sqft 18.65 22.13 18.12 8.63 6.96 Value of Area Booked INR Lacs 50,335 64,756 54,772 28,421 22,508 Average Realizations INR/ Sqft 2,699 2,926 3,0
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q3 FY16 Q4 FY16 Q1 FY17 Q2 FY17 Q3 FY17 Q4 FY17 Equivalent Area Constructed* Lacs Sqft 6.14 6.10 3.95 4.40 4.66 4.38 Area Booked Lacs Sqft 2.63 2.21 2.41 2.11 1.39 1.05 Value of Area Booked INR Lacs 8,373 7,061 7,937 6,742 4,579 3,251 Average Realizations
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 13 FY 14 FY 15 FY 16 FY 17 INR Sales and Other Income 161.42 122.80 164.44 542.67 397.02 Crores INR Operating Expenditure 113.75 90.91 105.42 385.47 291.00 Crores INR EBITDA 47.67 31.89 59.02 157.20 106.02 Crores INR Profit After Tax 33.15 21.
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY17 Q2FY17 Q3FY17 Q4FY17 Sales and Other Income INR Crores 24.32 124.60 54.12 193.98 Operating Expenditure INR Crores 27.07 88.33 34.54 141.06 EBITDA INR Crores (2.75) 35.38 19.58 53.81 Profit/(Loss) After Tax INR Crores (3.71) 20.69 15.93 34.
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 Lacs Sqft Lacs Sqft Location Project Phase Economic Interest Project Type Saleable Area Area Booked Bhiwadi Ashiana Town - Gamma 1 100% Comfort Homes 18.45 - Bhiwadi Tarang 2, 3 & 4 100% Comfort Homes 9.32 - Bhiwadi Nirmay 2&3 100% Senior Living 5.68 - Chennai Shubham 2, 3, 4
Slide 25: Land available for Future Development
Land available for Future Development Acres Lacs Sqft Estimated Land Estimated Location Land Proposed Development 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 Comfort
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Lacs Sqft Lacs Sqft Area Unsold/ Location Project Phase Economic Interest Project Type Saleable Area Unbooked Comfort Bhiwadi THR 1 & Plaza 100% 1.28 0.57 Homes/ Comfort Bhiwadi Ashiana Town - Beta 1, 2 & 3 100% 15.33 5.33 Homes/ Bhiwadi Utsav - Bhiwadi 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
Accolades a ashians you are in safe hands Awards & Recognitions 2016 Ashiana Dwarka, Jodhpur awarded as. Budget Project of the Year 2016 by NDTV Property Awards Received Bhamashah award for Gontribution made in the field of Education by Govt. of Rajasthan Received FICCI “Category” - CSR Award for Sm
Slide 31: Abbreviations
Abbreviations Sqft: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax 31 FY2017