Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q2 FY2025 Earnings Presentation
37 slides from Ashiana Housing's earnings presentation, Nov 14, 2024
Slide 1: Submission of Investor Update for quarter ended 30 September 2024
A sshiona you are in safe hands Date: 14 November 2024 To To The Secretary ‘ The Secretary ‘ BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 | Security Code
Slide 2: Investor Update Sep 2024
Investor Update Sep 2024 BHIWADI | GURUGRAM | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | NEEMRANA BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.N S | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED. Happiness all around Going Extra Mile Transparency
Slide 3: 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 4: 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
Slide 5: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures © Ashiana Housing Limited, All Rights Reserved. 4
Slide 6: 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
Slide 7: Quarterly Highlights
Quarterly Highlights ▪ Value of Area Booked recorded at Rs 672.54 Crores (Q2FY25) vs Rs 235.32 Crores (Q1FY25). Increase in sale value by 286% mainly attributable to the launch of Amarah Phase 4 in Gurugram(2.95 of 4.79 lsf was sold on launch) ▪ Average realization price of Q2 FY 25 at Rs. 9,223 mai
Slide 8: H1FY25 Highlights
H1FY25 Highlights ▪ Value of Area Booked recorded at Rs 907.87 Crores (H1FY25) vs Rs 761.80 Crores (H1FY24), an upside of 19.17%. ▪ Area constructed at 10.93 lakhs square feet in H1FY25 vs 8.94 lakhs square feet in H1FY24, increased by 22.20%. ▪ Total Revenue reported at Rs 188.04 Crores(H1FY25) vs
Slide 9: Quarterly Operational Overview
Quarterly Operational Overview 8.00 7.29 7.00 ▪ Area booked at 7.29 lakh sq ft in Q2FY25 vs 4.43 6.01 5.92 6.00 lakh sq ft in Q1FY25. 4.91 5.00 4.59 4.43 ▪ EAC at 6.01 Lakh sq ft in Q2FY25 vs 4.91 Lakh sq ft 4.00 in Q1FY25 3.00 2.00 1.00 0.00 Equivalent Area Constructed* Area Booked Q2FY24 Q1FY25 Q2
Slide 10: Quarterly Financial Overview
Quarterly Financial Overview ▪ Sales and Other income recorded at Rs 59.53 Crores in Q2FY25 vis a vis Rs 128.51 Crores in Q1FY25 ▪ PAT reported at negative Rs 7.55 Crores in Q2FY25 vs negative Rs 5.45 Crores in Q1FY25. H1FY25 has been low on deliveries. ▪ Pre – Tax Operating Cashflow recorded at Rs
Slide 11: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered Period Entity Value of Area Equivalent Area Area Booked & Recognized Booked Constructed* for Revenue AHL 672.54 7.29 5.72 0.79 Q2FY25 Partnership 0.00 0.00 0.29 0.01 Total 672.54 7.29 6.01 0.81 AHL 234.56 4.
Slide 12: Quarterly Sales Trend
Quarterly Sales Trend (Area in Sq. Ft. ) Location Projects Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 AHL Neemrana Aangan Neemrana 1,450 - -460 - - 607 Gurugram Anmol 1,28,714 69,121 59,177 37,964 6,679 7,313 3,411 - Gurugram Amarah 3,95,360 - 3,76,880 - - 3,76,880 - 2,94,880 Bhiwadi Ta
Slide 13: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Sale Value of Amount Equivalent Area Saleable Area Area Booked Location Projects Phase Area Booked Received Constructed (Lakhs sq ft) (Lakhs sq ft) (INR Crores) (INR Crores) (Lakhs sq ft) Bhiwadi Tarang Phase 4A 0.65 0.62 26.46 19.08 0.62 Bhiwadi T
Slide 14: 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. 13
Slide 15: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune Bhiwadi 14% 14% Jodhpur 3% Chennai Jamshedpur 8% 6% Jaipur 24% Gurgaon 31% © Ashiana Housing Limited, All Rights Reserved. 14
Slide 16: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Saleable Area Expected Possession Location Projects Phase Type Economic Interest Area Booked Customer Timeline as per (Lakhs sq ft) (Lakhs sq ft) Handover Date RERA Bhiwadi Tarang Phase 4A Premium Homes 100% Ownership 0.65 0.62 Q3FY25 Q3FY26 Bh
Slide 17: Year wise Deliveries of Ongoing Projects
Year wise Deliveries of Ongoing Projects Unsold Expected Saleable Sale Value of Unsold Area Total Value Customer Year Location Projects Phase Area Area Booked Value (Lakhs sq (INR Crores) Handover (Lakhs sq ft) (INR Crores) (INR Crores) ft) Date Started • Year on year revenues Chennai Shubham Phase
Slide 18: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) Jodhpur 2% Pune 13% Bhiwadi Pune 19% Jodhpur 17% Jamshedpur 3% Bhiwadi 5% 31% Chennai Jamshedpur 5% 2% Jaipur 16% Chennai 7% Jaipur Gurgaon Gurgaon 39% 40% Q1FY25 1% Q2FY25 Jodhpur 3% Pune Bhiwadi 12% 7% Chennai Bhiwadi Jamshedpur 5% Pune 24% 4% 30% Jodhpur Chennai 4% 8
Slide 19: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Equivalent Area Lakhs Sq. ft. 23.44 17.39 8.16 7.68 9.85 11.66 16.20 16.73 20.68 Constructed* Area Booked Lakhs Sq. ft. 8.63 6.96 6.93 10.79 19.82 14.97 14.76 25.86 26.40 Value of Area Booked INR Lakhs 28,
Slide 20: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Equivalent Area Lakhs Sq. ft. 3.85 4.38 3.42 5.08 4.35 4.59 4.77 6.97 4.91 6.01 Constructed* Area Booked Lakhs Sq. ft. 3.34 4.90 9.03 8.59 6.53 5.92 3.35 10.60 4.43 7.29 Value of Area Bo
Slide 21: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 20
Slide 22: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Sales and Other Income INR Crores 334.92 350.63 317.55 259.31 233.59 425.19 966.52 Operating Expenditure INR Crores 266.92 303.37 316.84 241.11 230.71 379.41 847.22 EBITDA INR Crores 68.00 47.26 0.72 18.2
Slide 23: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q2FY25 Sales and Other Income INR Crores 91.72 135.31 116.94 129.29 351.02 189.25 296.96 128.51 59.53 Operating Expenditure INR Crores 91.63 119.67 102.88 113.33 312.76 151.75 269.38 128.85
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. 23
Slide 25: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Tarang 6, 7 and 8 100% Ownership 4.95 Bhiwadi Advik 3,4 & 5 100% Ownership 7.74 Jaipur Ekansh 4 77.25% Revenue Share 3.07 Jaipur Nitara 2 and 3 80.20% Revenue Share 5.23 Gurugram Amarah 5 100% Owne
Slide 26: Land available for Future Development
Land available for Future Development Estimated Estimated Location Land/ Project Name Saleable Area Proposed Development Area (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur 40.63 31.00 Premium Homes*/ Senior Living Gurugram Ashiana Aaroham (Sec 80, HSIIDC Land) 10.80 10.30 Kid Centric Homes Jaipur New Land
Slide 27: Completed Projects having Inventory
Completed Projects having Inventory Saleable Area Booked Area Unbooked Area Location Projects Phase Economic Interest Type (Lakhs sq ft) (Lakhs sq ft) (Lakhs sq ft) Bhiwadi Ashiana Town 1, 2, & 3 100% Ownership Kid Centric Homes 15.33 14.80 0.53 Bhiwadi Surbhi 1-5 & Plaza 100% Ownership Premium Home
Slide 28: Shareholding Pattern as on 30th Sep 2024
Shareholding Pattern as on 30th Sep 2024 Shareholding Pattern Institutional Holding above 1% Others Rank Fund / Institution No. of Shares % Holding 23.58% 1 India Capital Fund Limited 65,71,897 6.54% 2 SBI Contra Fund 75,66,651 7.53% Investor Education And 3 Protection Fund Authority 34,61,708 3.44%
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
Slide 30: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 29
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, Pune and Chennai 302.91 lakhs
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
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
Slide 34: Accolades
Accolades Awards & Recognitions 2021 2022 2023 2024 • Bestowed with our 9th Bhamashah award for Shiksha • Ranked as India’s No. 1 • Ranked as India’s No. 1 • Received Bhamashah Award from the Govt. of Bhushan in recognition of our commitment to education in Rajasthan Senior Living Brand 4 Senior Liv
Slide 35: 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
Slide 36: 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
Slide 37: 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