Arvind Smartspaces Ltd. · NSE:ARVSMART

Arvind Smartspaces — Q4 FY2021 Earnings Presentation

53 slides from Arvind Smartspaces's earnings presentation, May 28, 2021

  1. Slide 1: Cover letter to stock exchanges: Investor Presentation Q4 FY21

    www.arvindsmartspaces.com 28th May, 2021 To, To, BSE Limited National Stock Exchange of India Limited Listing Dept. / Dept. of Corporate Services, Listing Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra

  2. Slide 2: Arvind SmartSpaces Information Update – Q4FY21

    Arvind SmartSpaces Information Update – Q4FY21

  3. Slide 3: Key Updates – Q4FY21

    Key Updates – Q4FY21 • Highest ever Fresh Sales Q4FY21 Rs. 207 Cr vs Rs. 149 Cr last year (39% Growth) Fresh Sales • Highest ever Fresh Sales FY21 Rs. 529 Cr vs Rs. 286 Cr last year (85% Growth ) Unrecognised Sales • Rs. 762 Cr as on March 31, 2021 vs Rs. 477 Cr as on March 31, 2020 • Strong Sales m

  4. Slide 4: Key Updates – Q4FY21

    Key Updates – Q4FY21 Unrecognised Fresh Sales Net Debt Revenue Net Debt (Rs. Cr.) Fresh Sales Rs. Cr Unrecognised Revenue (Rs. Cr.) 900 600 250 529 800 762 217 500 700 612 200 161 170 167 400 600 500 477 150 277 286 300 400 344 94 289 100 91 200 300 212 91 113 200 100 73 50 100 0 0 0 FY16 FY17 FY18

  5. Slide 5: Key Updates – Q4FY21

    Key Updates – Q4FY21 • Till date completed and handed over 10 projects measuring total developed Project Completion area of 3.8 Million sqft (Alcove, Megatrade, Parishkaar, Trade square, Expansia, Citadel, Sporcia, Megapark, Megaestate and Skylands) • Currently, executing 9 projects in Ahmedabad, Be

  6. Slide 6: Consolidated Financials – Q4FY21

    Consolidated Financials – Q4FY21 Revenue EBITDA PBT PAT Rs. 64 Cr during Rs. 15 Cr during Rs. 9.4 Cr during Rs. 6.6 Cr during Q4 FY21 as against Q4 FY21 as against Q4 FY21 as against Q4 FY21 as against Rs. 135 Cr in Rs. 28 Cr in Rs. 22 Cr in Rs. 14.7 Cr in Q4FY20 Q4FY20 Q4FY20 Q4FY20 EBITDA margin a

  7. Slide 7: Awards & Accolades

    Awards & Accolades #JourneyOfRecognition IS PROUD TO BE AWARDED WITH OF THE YEAR #JourneyOfRecognition ALVIAND SMACTSPACES ALVIND SMACTSPACES IS PROUD TO BE AWARDED WITH OF THE YEAR — sy- (GW NEWs!8

  8. Slide 8: Strategic Initiatives

    Strategic Initiatives  Steps taken Focus on Horizontal Development  Successful New launches  Forreste, 135 acre township with state of art villas with potential topline of Rs. 500 – 600 Cr  Phase 1 and 2 sold successfully Long term value creation  High Grove, a project measuring approx. ~ 5.8 m

  9. Slide 9: Strategic Initiatives

    Strategic Initiatives  2016 – Preferential capital infusion by Promoters Rs. 51 Cr Capital Infusion  2018 – Preferential capital infusion by Promoters Rs. 53 Cr  2021 – Preferential capital infusion by MD & CEO Rs. 29 Cr (In process)

  10. Slide 10: Fresh Bookings FY21

    Fresh Bookings FY21 Fresh bookings Rs. Cr FY20 FY21 600 529 Project wise Rs. Cr Rs. Cr 500 CAGR 49% Uplands 42 105 400 High Grove (3) 131 300 277 286 Forreste 107 115 200 Skylands 41 68 73 91 113 100 Belair - 51 0 Oasis 33 28 FY16 FY17 FY18 FY19 FY20 FY21 The Edge 27 9 Aavishkaar 11 12 Elan 10 3 Oth

  11. Slide 11: Fresh Bookings – Q4 FY21

    Fresh Bookings – Q4 FY21 Q4FY20 Q4FY21 Project wise Rs. Cr Rs. Cr Uplands 21 80 High Grove - 22 Forreste 107 32 Skylands 2 26 Belair - 17 Oasis 9 13 The Edge 9 3 Aavishkaar (1) 4 Elan 1 6 Other Completed Projects 1 4 Total 149 207

  12. Slide 12: Financial Performance

    Financial Performance Q4FY21 FY21 Q4 FY21 (Rs. Cr) FY21 (Rs. Cr) Particulars Particulars PY CY Growth % PY CY Growth % Revenue 135.3 64.5 -52% Revenue 299.5 149.3 -50% EBITDA 28.0 14.9 EBITDA 88.8 40.6 EBITDA % 21% 23% EBITDA % 30% 27% Finance Cost 6.2 6.4 Finance Cost 24.3 26.9 PBT 22.0 9.4 PBT 65.

  13. Slide 13: Balance Sheet

    Balance Sheet Liabilities Assets As on As on Amount in Rs. Cr As on As on Mar 31, 2020 Mar 31, 2021 Amount in Rs. Cr Mar 31, 2020 Mar 31, 2021 Equity and liabilities ASSETS Share Capital 35.6 35.6 Fixed Assets 29.2 39.4 Reserves and Surplus 253.3 275.8 Non-Current Financial 65.2 67.6 Shareholders Fu

  14. Slide 14: Debt Profile and Lenders

    Debt Profile and Lenders Amount in Rs. Cr 31-March-2020 31-Dec-2020 31-Mar-2021 Gross Debt 218 203 177 Net Debt 217 197 167 Net Debt to Equity 0.75 0.68 0.56 Capital usage - 20 45 Effective Working Capital Debt 217 177 122 Effective Working Capital Debt to Equity 0.75 0.61 0.41  Effective Working c

  15. Slide 15: Performance of Scrip (since Listing)

    Performance of Scrip (since Listing) Performance of Scrip (since Listing) 500 450 400 350 300 250 200 150 100 50 0 Jun-16 Jun-17 Jun-18 Jun-19 Jun-20 Oct-15 Oct-16 Oct-17 Oct-18 Oct-19 Oct-20 Dec-17 Aug-15 Feb-16 Aug-16 Feb-17 Aug-17 Feb-18 Aug-18 Feb-19 Aug-19 Feb-20 Aug-20 Feb-21 Dec-15 Dec-16 Dec

  16. Slide 16: Shareholding Pattern (%)

    Shareholding Pattern (%) Category 31-Mar-2020 31-Dec-2021 31-Mar-2021 Promoter and 59.06% 58.66% 58.66% Promoter Group 39.67%, Foreign Institutional Public 0.03% 0.03% 0.03% Investors(FIIs) Mutual Funds 1.61% 0.00% 0.00% Insurance Companies 3.82% 3.73% 1.64% 1.64%, 58.66%, Insurance Promoter and Pro

  17. Slide 17: Completed Projects

    Completed Projects Skylands Sporcia Expansia Alcove Megatrade MegaEstate MegaPark Citadel

  18. Slide 18: Ongoing Projects

    ALVIAD Forreste Aavishkaar Elan - BelAir Oasis

  19. Slide 19: Quarterly Synopsis

    Quarterly Synopsis Amount Revenue Area Booked Units Booked Sales Value Residential Collected in Q4 Recognized in Q4 in Q4FY21 in Q4 FY21 for Q4 FY21 Projects FY21 FY21 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 42,962 37 2,611 2,627 2,545 Uplands ONE 1,42,492 15 3,985 2,665 2,779 Oasis 2

  20. Slide 20: Yearly Synopsis

    Yearly Synopsis Amount Revenue Area Booked Units Booked Sales Value Residential Collected in Recognized in in FY21 in FY21 for FY21 Projects FY21 FY21 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 1,14,572 98 6,826 6,998 7,410 Uplands ONE 2,41,821 22 5,225 5,842 5,576 Oasis 50,538 42 2,817

  21. Slide 21: Projects till Date - Synopsis

    Projects till Date - Synopsis Area Sold to Revenue Completion Saleable Area Inventory Booking Value Realization Geography Project date Recognized (%) (sq. ft.) (sq. ft.) (INR Cr) (INR/sq. ft.) (sq. ft.) (INR Cr) HighGrove 10 5,800,589 1,586,665 4,213,924 140 - 881 Uplands 90 3,192,901 2,667,730 525,

  22. Slide 22: Unsold Inventory

    Unsold Inventory Inventory (sq. ft.) Inventory from Existing Projects 7,355,867 Additional acquired pipeline 702,187 Acquisition under process 430,373 Total Inventory 8,488,427 **Forreste Revenue recognition for Arvind SmartSpaces would be equivalent to DM Fees only.

  23. Slide 23: Projects

    , \ ia 2 ALVIAD

  24. Slide 24: Uplands

    Uplands  Location: Nasmed Village, Gandhi Nagar  Product: Premium golf based township  Project Size: 180 Villas (Phase I)  Deal Structure: Joint Development  Architect: Woods Bagot  Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Square, Fun Square) Premium Concierge Services

  25. Slide 25: Uplands

    Uplands

  26. Slide 26: Uplands

    Uplands AFVIAD SMAFTSPACES

  27. Slide 27: Uplands ClubHouse

    Uplands ClubHouse

  28. Slide 28: Uplands ClubHouse

    Uplands ClubHouse ALVIND SMACTSPACES + ann a im am

  29. Slide 29: Skylands

    Skylands  Location: Jakkur Road, Shivanahalii,Bengaluru  Product: High rise Residential Apartments  Project Size: 417 Units  Deal Structure: Outright Purchase  Architect: Apurva Amin  Features: Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing deck on terrace Club

  30. Slide 30: Skylands

    Skylands ALVIAD SMAFTSPACES

  31. Slide 31: Aavishkaar

    Aavishkaar  Location : Naroda Road, Ahmedabad  Product : Affordable Residential Apartments  Project Size : 574 Units  Deal Structure : Development Agreement  Rera Number : PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02798/A1R/110219  Architect : Vitan (Jagrut & Partners LLP)  Features : Gated comm

  32. Slide 32: Aavishkaar

    Aavishkaar Actual Construction Images Model Flat

  33. Slide 33: Oasis

    Oasis  Location : Tumkur Road, Bengaluru  Product : 2 and 3 BHK Residential Apartments  Project Size : 452 units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/309/PR/180425/ 001543  Architect : Apurva Amin  Features : Aqua Center Terrace café Central Landscape Area Senio

  34. Slide 34: Oasis

    Oasis Actual Construction Images

  35. Slide 35: BelAir

    BelAir  Location : New Town Road Yelahanka, Bengaluru  Product : 2, 2.5 &3 BHK Residential Apartments  Project Size : 334 units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/472/PR/200515/ 003406  Features : Cantilevered Sky Club Vaastu Compliant Water Management Solution

  36. Slide 36: Belair

    Belair Actual Construction Images

  37. Slide 37: Elan

    Elan  Location : Kothrud Road, Pune  Product : High rise Residential Apartments  Project Size : 81 Units  Deal Structure : Development Agreement  Rera Number : P52100018613  Features : Landscape Walkway Club Terrace Café Sitting Outdoor & Indoor Gym Fully equipped Home Theatre room State of ar

  38. Slide 38: Elan

    Elan Actual Construction Images

  39. Slide 39: The Edge

    The Edge  Location : Tumkur Road, Bengaluru  Product : Commercial & Retail Space  Project Size : 130 Units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/309/PR/190823/ 002822  Features : Common Conference Room Theatre/Auditorium Modern Cafetaria Gymnasium CCTV, Intercom F

  40. Slide 40: The Edge

    The Edge Actual Construction Images

  41. Slide 41: Highgrove

    Highgrove  Location : Moti Devti, Sanand, Ahmedabad  Product : Weekend Homes - Plots  Project Size : 814 Units  Deal Structure : Joint Development  Architect: : Woods Bagot  Features : 9 Hole Executive Golf Course Clubhouse powered by SMAAASH, which is perfected by Sachin Tendulkar Bowling All

  42. Slide 42: Highgrove

    Highgrove Actual Construction Images

  43. Slide 43: Forreste

    Forreste  Location : Racharda Khatraj Road, Ahmedabad  Product : Premium Land Oriented Villa Scheme  Project Size : 250+ Units  Deal Structure : DM  Rera Number : PR/GJ/GHANDINAGAR/GHANDINAGAR/ AUDA/RAA06788/A2R/291020  Architect : InHouse  Features : Lounge with Seating & Library Café & Rest

  44. Slide 44: Forreste

    Forreste Actual Construction Images

  45. Slide 45: About the Company

    About the Company

  46. Slide 46: Overview | Arvind Smartspaces

    Overview | Arvind Smartspaces Company profile Ongoing and upcoming projects Project classification  One of the fastest growing real estate developer in the listed space 6%  Ahmedabad-based real estate developer, commenced operations in 2009 Residential  Operates largely in Ahmedabad and Bangalore

  47. Slide 47: The Journey so far

    The Journey so far 2021 First project acquisition under HDFC partnership platform Preferential capital infusion by MD& CEO 2021 Sales crosses Rs. 500 Cr+ mark inspite of Covid-19 disruption 2020 Commencement of our first project under DM model – Forreste 2019 Strategic partnership with HDFC Capital

  48. Slide 48: Board of Directors

    Board of Directors Mr. Sanjay S. Lalbhai Mr. Kamal Singal Chairman & Non-Executive Director Managing Director & CEO And Promoter Mr. Kulin S. Lalbhai Mr. Pratul Shroff Ms. Pallavi Vyas Non-Executive Director Independent Director Independent Director Mr. Nirav Shah Mr. Prem Prakash Pangotra Independe

  49. Slide 49: Strategic Pillars of Growth

    Strategic Pillars of Growth 1 2 3 4 5 Asset light, Low Capex Leveraging Brand Low Financial / Conservative Risk Innovative / Customer- Arvind Operating Leverage profile centric products 1 Land as Raw Material, no Land Bank. Focus on JD/JV. Focus on Residential projects (low Capex requirement) 2 Leve

  50. Slide 50: Fresh Bookings – MIS Sales

    Fresh Bookings – MIS Sales FRESH BOOKINGS RS. CR 600 529 500 400 CAGR 49% 300 277 286 200 113 91 100 73 0 FY16 FY17 FY18 FY19 FY20 FY21

  51. Slide 51: Financial Snapshot

    Financial Snapshot Revenue Operating Income PAT EBIDTA (Rs. Cr) PAT (Rs. Cr) Revenue from Operations (INR Cr.) 100 350 89 45 90 299 39 40 300 80 262 70 70 65 35 30 31 250 60 30 202 200 160 50 44 41 25 21 149 37 150 40 20 17 116 87 30 25 15 100 11 20 10 9 50 10 5 - - 0 FY15 FY16 FY17 FY18 FY19 FY20 F

  52. Slide 52: Awards & Recognition

    Awards & Recognition ALVIAND SMACTSPACES pte 2019 D9, of the Year iS B84, tee “2hh4 wt “sto, wl Arvind “ty i? <, we Arving | Sy “ Best x ey Aavishkaar Qty NZ Real€state YF NA Affordable 8G company $3 SB Housing Project SZ ™% we MG, ofthe Year WF BS) * ole SY *” ae =Sh., “eo SS, Aa See 44k ee gt = “=

  53. Slide 53: Thank You

    Thank You Arvind SmartSpaces Ltd Investor Relations: (CIN: L45201GJ2008PLC055771) Registered & Corporate Office: Ankit Jain 24, Govt. Servant’s Society, Chief Financial Officer Adj. Municipal Market, Email: ankit.jain@arvind.in C. G. Road, Ahmedabad- 380009 Tel: +91 79 68267000 Prakash Makwana www.a

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