Slide 1: Information Update Q2 & H1 FY24
INFORMATION UPDATE Q2 & H1 FY24 NOVEMBER 2023 Information Update I Q2 & H1 FY24 I 1 www.arvindsmartspaces.com
Slide 2: Q2 & H1 FY24 Performance
Q2 & H1 FY24 PERFORMANCE ▪ OPERATIONAL HIGHLIGHTS ▪ FINANCIAL HIGHLIGHTS Information Update I Q2 & H1 FY24 I 2
Slide 3: Key Updates: Q2 & H1 FY24
QUARTER HIGHLIGHTS KEY UPDATES: Q2 & H1 FY24 Q2 & H1 FY24 HIGHLIGHTS – SALES & COLLECTIONS Q2 & H1 FY24 HIGHLIGHTS - OPERATIONS ▪ Acquired new high-rise project in Bengaluru with a top-line potential of ▪ Highest Ever Half Yearly Sales Value of Rs. 504 crore; YoY growth of 64% ~Rs. 400 Cr* ▪ Highest
Slide 4: Bookings: Q2 FY24
OPERATIONAL HIGHLIGHTS BOOKINGS: Q2 FY24 BOOKINGS : BEST EVER QUARTER (In ₹ Cr.) 369 250 244 184 189 189 158 150 135 118 PY CY Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q2FY23 Q2FY24 Growth (YoY) ₹189 Cr ₹ 369 Cr 95% Information Update I Q2 & H1 FY24 I 4
Slide 5: Bookings: Project-wise
OPERATIONAL HIGHLIGHTS BOOKINGS: PROJECT-WISE Q2 FY23 Q2 FY24 H1 FY23 H1 FY24 City Project wise City Project wise Rs. Cr Rs. Cr Rs. Cr Rs. Cr Aavishkaar 2 2 Aavishkaar 4 9 Forreste (I to V) 10 7 Forreste (I to V) 13 21 Ahmedabad Fruits of Life 90 11 Ahmedabad Fruits of Life 90 42 High Grove / CW 1 9
Slide 6: Uplands 2.0 & 3.0 Phase 1, Adroda, Ahmedabad
NEWLY LAUNCHED UPLANDS 2.0 & 3.0 PHASE 1, ADRODA, AHMEDABAD (LAUNCHED IN Q2) Luxury Golf Themed ~4 Mn Sq ft 310 Cr 55% Township 90 Acres INDICATIVE INDICATIVE REVENUE SHARE LAND AREA SALEABLE AREA TOPLINE First phase of the project was launched during Q2 and sold out within three days. The remaining
Slide 7: Unrecognized Revenue as on 30 Sep 23
OPERATIONAL HIGHLIGHTS UNRECOGNIZED REVENUE – AS ON 30 SEP 23 UNRECOGNIZED REVENUE (In ₹ Cr.) 1853 1506 Sep 30, 2023 1193 ₹1,853 Cr 1005 762 Sep 30, 2022 ₹1,193 Cr As on 31 Mar 21 As on 31 Mar 22 As on 30 Sep 22 As on 31 Mar 23 As on 30 Sep 23 Information Update I Q2 & H1 FY24 I 7
Slide 8: Collections: Q2FY24
OPERATIONAL HIGHLIGHTS COLLECTIONS : Q2FY24 COLLECTIONS : BEST EVER QUARTER (In ₹ Cr.) Q2FY24 263 ₹263 Cr 204 188 161 167 160 133% 154 Growth 133 (YoY) 113 113 Q2FY23 ₹ 113 Cr Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 PY CY Information Update I Q2 & H1 FY24 I 8
Slide 9: Net Debt Movement: Q2FY24
OPERATIONAL HIGHLIGHTS NET DEBT MOVEMENT: Q2FY24 BORROWING COST MOVEMENT NET DEBT: REDUCES FURTHER (In %) (In ₹ Cr.) Sep 30, 2022 Mar 31, 2023 Jun 30, 2023 Sep 30, 2023 11.5 -11 10.4 10.4 10.4 -30 -87 CY PY -141 Mar 31, 2022 Mar 31, 2023 June 30, 2023 Sep 30, 2023 Net Interest-bearing funds as on Se
Slide 10: P&L: Q2FY24
FINANCIAL HIGHLIGHTS P&L: Q2FY24 CONSOLIDATED FINANCIALS SUMMARY REVENUE FROM OPERATIONS (In ₹ Cr.) *ADJUSTED EBITDA (In ₹ Cr.) PAT (In ₹ Cr.) 27% EBITD PAT Margin Margin (%) (%) Revenue EBITDA PAT 14% 12% 10% 50.3 72.7 7.2 19.9 4.8 8.6 Q2FY23 Q2FY24 Q2 FY23 Q2 FY24 Q2 FY23 Q2 FY24 Q2FY23 Q2FY24 Gro
Slide 11: P&L: H1FY24
FINANCIAL HIGHLIGHTS P&L: H1FY24 CONSOLIDATED FINANCIALS SUMMARY REVENUE FROM OPERATIONS (In ₹ Cr.) *ADJUSTED EBITDA (In ₹ Cr.) PAT (In ₹ Cr.) 26% EBITD PAT Margin (%) Margin (%) 19% Revenue EBITDA PAT 12% 11% 111 140 20.8 36.1 12.1 16.7 H1 FY23 H1 FY24 H1 FY23 H1 FY24 H1 FY23 H1 FY24 H1FY23 H1FY24
Slide 12: Q2FY24 Synopsis
FINANCIAL HIGHLIGHTS Q2FY24 SYNOPSIS Amount Revenue Area Booked Units Booked Sales Value Projects Collected Q2 Recognized Q2 City Q2 FY24 Q2 FY24 for Q2 FY24 FY24 FY24 (sq ft.) (nos.) (Rs. Cr) (Rs. Cr) (Rs. Cr) Aavishkaar 4,940 5 2 6 9 Chirping Woods 58,153 9 9 12 - Forreste 5^ 37,458 5 9 9 0 Forres
Slide 13: H1FY24 Synopsis
FINANCIAL HIGHLIGHTS H1FY24 SYNOPSIS Booking Amount Revenue Area Booked Units Booked Projects Value for H1 Collected H1 Recognized H1 City H1 FY24 H1 FY24 FY24 FY24 FY24 (sq ft.) (nos.) (Rs. Cr) (Rs. Cr) (Rs. Cr) Aavishkaar 24,405 27 9 18 26 Chirping Woods 2,14,046 35 32 23 - Forreste 5^ 96,696 12 2
Slide 14: Balance Sheet as on Sep 30, 2023
FINANCIAL HIGHLIGHTS BALANCE SHEET – AS ON SEP 30, 2023 Liabilities Assets Amount in Rs. Cr As on As on Amount in Rs. Cr As on As on Mar 31, 2023 Sep 30, 2023 Mar 31, 2023 Sep 30, 2023 Equity and liabilities ASSETS Share Capital 45 45 Fixed Assets 64 68 Reserves and Surplus 421 423 Non-Current Finan
Slide 15: Debt Profile as on Sep 30, 2023
FINANCIAL HIGHLIGHTS DEBT PROFILE – AS ON SEP 30, 2023 Amount in ₹ Cr. 31-Mar-2023 30-Jun-2023 30-Sep-2023 Gross Debt* 53 30 13 Net Interest-bearing (30) (87) (141) funds Net Interest-bearing (0.07) (0.18) (0.30) funds to Equity Information Update I Q2 & H1 FY24 I 15
Slide 16: Consolidated Cashflows Q2FY24
FINANCIAL HIGHLIGHTS CONSOLIDATED CASHFLOWS – Q2FY24 Particulars (Rs in Crs) FY23 Q1 FY24 Q2 FY24 H1 FY24 Opening Balance 5 27 6 27 STRONG OCF TREND: (In ₹ Cr.) Operating activities Collections 600 204 263 467 Construction cost and other overheads (260) (60) (68) (128) Taxes (22) (1) (4) (4) Direct
Slide 17: Project Portfolio
PROJECT PORTFOLIO ▪ COMPLETED PROJECTS ▪ PROJECTS UNDER EXECUTION ▪ PROJECTS IN PIPELINE ▪ SYNOPSIS Information Update I Q2 & H1 FY24 I 17
Slide 18: Project Portfolio - Completed
COMPLETED PROJECTS PROJECT PORTFOLIO - COMPLETED Total Unsold Booking Revenue Average Price Booked ^Collections City Project Saleable Inventory Value Recognized (Price till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Aavishkaar 5,45,468 4,09,223 1,36,245 115 95 102 2,803 Alcove 10,32,6
Slide 19: Project Portfolio - Ongoing
COMPLETED PROJECTS PROJECT PORTFOLIO - ONGOING Total Unsold Booking Revenue Average Price Booked ^Collections City Project Saleable Inventory Value Recognized (Price till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Chirping Woods 13,39,092 10,76,629 2,62,463 126 - 86 1,172 Forreste I -
Slide 20: Forest Trails Phase 1, Sarjapura, Bangalore
PROJECTS IN PINELINE FOREST TRAILS PHASE 1, SARJAPURA, BANGALORE (PRE LAUNCHED) SARJAPURA ROAD, RESIDENTIAL VILLA 15.6 Acres 0.8 Mn Sq ft 535 Cr 65% PROJECT INDICATIVE INDICATIVE REVENUE SHARE LAND AREA SALEABLE AREA TOPLINE The first phase comprises Premium 5 BHK Villas. The project comprises a 1.2
Slide 21: Doddaballapura Road, Bangalore
PROJECTS IN PINELINE DODDABALLAPURA ROAD, BANGALORE (UPCOMING) DODDABALLAPURA HDFC PLATFORM-2 ARVIND’s INVST ROAD, PLOTTED 46.5 Acres ~1.1 Mn Sq ft 435 Cr DEVELOPMENT PROJECT LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% This would be ASL’s 9th project and second plotted development in B
Slide 22: Uplands 2.0 & 3.0 Phase 2, South Ahmedabad
PROJECTS IN PINELINE UPLANDS 2.0 & 3.0 PHASE 2, SOUTH AHMEDABAD (UPCOMING) Ahmedabad, HORIZONTAL ~4.8 Mn Sq ft 540 Cr 55% MULTIUSE TOWNSHIP 114 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a multi-ass
Slide 23: Arvind Greatlands – Remaining Phase, Bangalore
PROJECTS IN PINELINE ARVIND GREATLANDS – REMAINING PHASE, BANGALORE (UNDER APPROVAL) DEVANAHALLI, PLOTTED 0.2 Mn Sq ft 65 Cr 100% Owned DEVELOPMENT 7 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT The first and second phase of this project with a total saleable area of ~0.95 mil
Slide 24: North Bangalore
PROJECTS IN PINELINE NORTH BANGALORE (UNDER APPROVAL) NEAR IVC ROAD, PLOTTED 0.4 Mn Sq ft 175 Cr 100% Owned DEVELOPMENT 19 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT This project is adjacent to the first project in Devanahalli and the 19 acres is fully owned by the Company h
Slide 25: South Ahmedabad, Ahmedabad
PROJECTS IN PINELINE SOUTH AHMEDABAD, AHMEDABAD (UNDER PLANNING) Ahmedabad, PLOTTED DEVELOPMENT ~2.5 Mn Sq ft 150 Cr 100% Owned PROJECT 84 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE Commenced a large aggregation in South Ahmedabad of which 84 acres has been completed till date. This
Slide 26: NH 47, South Ahmedabad
PROJECTS IN PINELINE NH 47, SOUTH AHMEDABAD (UNDER PLANNING) Ahmedabad, HORIZONTAL ~20 Mn Sq ft 1,450 Cr 50% MULTIUSE TOWNSHIP 500 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a multi-asset golf theme
Slide 27: Moti Bhoyan, Ahmedabad
PROJECTS IN PINELINE MOTI BHOYAN, AHMEDABAD (UNDER PLANNING) Ahmedabad, DEVELOPMENT 16 Acres ~0.7 Mn Sq ft 116 Cr 10% MANAGEMENT LAND AREA INDICATIVE INDICATIVE Revenue Share PROJECT SALEABLE AREA TOPLINE Executed an agreement with subsidiary of Arvind Ltd under the Development Management (DM) model
Slide 28: Bannerghatta Road, Bengaluru
PROJECTS IN PINELINE BANNERGHATTA ROAD, BENGALURU (UNDER PLANNING) HIGH RISE HDFC PLATFORM-2 PROJECT ARVIND’s INVST 4.3 Acres 0.46 Mn Sq ft 400 Cr LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% The project is acquired on an outright basis under the HDFC Platform 2. This would be ASL’s 11t
Slide 29: Project Portfolio
PROJECT PORTFOLIO PROJECT PORTFOLIO Estimated Completion Saleable Status City Project Type Structure Economic Interest Date Sq Ft A. Completed Ahmedabad Summary of all completed projects Complete 32,38,724 Bangalore Summary of all completed projects Complete 17,05,134 B. Ongoing Ahmedabad Chirping W
Slide 30: Estimated Operating Cash Flow
PROJECT PORTFOLIO ESTIMATED OPERATING CASH FLOW Tota l Est. Booking Estima ted Ba la nce Est. Inventory Est. Opera ting ₹ Cr Booking Va lue Va lue of Receiva bles Cost to be + Receiva bles Ca shflow Va lue till da te Inventory Incurred* Ahmeda ba d Completed 584 51 4 70 13 83 1 82 Ongoing 2,499 2,01
Slide 31: About the Company
ABOUT THE COMPANY 01 02 03 04 05 06 KEY GEOGRAPHY HDFC ARVIND BRAND GOVERNANCE & MANAGEMENT INFORMATION SPREAD PARTNERSHIP CSR TEAM Information Update I Q2 & H1 FY24 I 31
Slide 32: Overview
KEY INFORMATION OVERVIEW Part of Lalbhai Group with a 120-year legacy - Strong trusted consumer brand Experienced Professional Mgmt. synonymous with robust governance and Success across product segments and geographies in Focused on P&L accretive Business Development creating value accretive busines
Slide 33: The Journey So Far
KEY INFORMATION THE JOURNEY SO FAR 2015 2021 2023 ₹. 900 crore residential 2019 2021 development platform In April 2021, with HDFC Capital Infusion of funds by Commencement of preferential issue of Advisors with a Promoter and our first project under 7.4% equity to MD & revenue potential of Promoter
Slide 34: Carved Its Niche in Residential Development Projects
KEY INFORMATION CARVED ITS NICHE IN RESIDENTIAL DEVELOPMENT PROJECTS PROJECT CLASSIFICATION (ONGOING AND PLANNED) SEP 2023 RESIDENTIAL HORIZONTAL Built up Homes LUXURY (Villas, Developed Plots) (Villas, Apartments) 16% MID-MARKET 54% Developed Plots with 77% Golf/Club/Resort VERTICAL (Apartments) 79
Slide 35: Listed (2015), Corporate Real Estate Developer Since 2008
KEY INFORMATION LISTED (2015), CORPORATE REAL ESTATE DEVELOPER SINCE 2008 CAPITAL PAYMENTS MULTIPLE LAND SOURCING MODELS Completed Ongoing Planned PROJECT PORTFOLIO (IN MN. SQ.FT.) VALUE SHARE in % VOLUME SHARE in % Sep-23 4.9 21.6 33.9 60.4 Jun-23 4.9 17.5 37.6 60.0 Mar-23 4.9 17.1 8.03 30.1 Mar-22
Slide 36: Venturing into Newer Geographies in a Phased Manner
GEOGRAPHY SPREAD VENTURING INTO NEWER GEOGRAPHIES IN A PHASED MANNER DIVERSIFIED FROM AHMEDABAD/GANDHINAGAR TO BANGALORE IN THE YEAR 2014 AND TO PUNE IN 2019 Ahmedabad / Gandhinagar 65% Bangalore 34% Pune 1% AHMEDABAD / GANDHINAGAR, GUJARAT BANGALORE, KARNATAKA PUNE, MAHARASHTRA Information Update I
Slide 37: Our Belief in Depth Over Breadth
GEOGRAPHY SPREAD OUR BELIEF IN DEPTH OVER BREADTH KEY DECISION PARAMETERS PARTICULARS BANGALORE AHMEDABAD PUNE REMARKS AHMEDABAD MID INCOME SEGMENT SIZE Strong presence of salaried class High on Luxury and preference MID INCOME SEGMENT GROWTH High influx of salaried workers makes an attractive for h
Slide 38: Strategic Partnership with HDFC Capital Advisors
HDFC PARTNERSHIP STRATEGIC PARTNERSHIP WITH HDFC CAPITAL ADVISORS 2019 2021 2022 QUALITY CAPITAL INVESTOR PEDIGREE BRAND ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q2 & H1 FY24 I 38
Slide 39: Strong Brand Recall 'Arvind'
BRAND STRONG BRAND RECALL ‘ARVIND’ SYNONYMOUS WITH VALUES AND REPUTE SmartSpaces is part of Gujarat based Lalbhai Group with a 120 year legacy that presides over a wide portfolio of businesses viz. Textiles and clothing, Branded Apparels, Technical textiles, Water stewardship, Omni channel, Telecomm
Slide 40: Strong Governance & CSR Initiatives
BOARD STRONG GOVERNANCE & CSR INITIATIVES Mr. Sanjay S. Mr. Kulin S. Mr. Kamal Mr. Pratul Lalbhai Lalbhai Singal Shroff Chairman & Vice Chairman Managing Independent Non-Executive Director & CEO Director Mr. Vipul Mr. Prem Ms. Pallavi Prakash Mr. Nirav Shah Vyas Roongta Pangotra Independent Independ
Slide 41: Led by an Experienced Professional Management Team
LEADERSHIP LED BY AN EXPERIENCED PROFESSIONAL MANAGEMENT TEAM JAGDISH DALAL | AVINASH SURESH | Senior Vice President Chief Operating Officer ▪ Over 30 years of ▪ Overall experience of experience 18 years with Godrej, ▪ Excels in corporate Aditya Birla etc. finance MANOJ CHELLANI | ANKIT JAIN | Chief
Slide 42: 5 Year Performance
5 YEAR PERFORMANCE ▪ OPERATIONAL ▪ FINANCIAL Information Update I Q2 & H1 FY24 I 42
Slide 43: Bookings: FY23
5 Year Performance BOOKINGS: FY23 BOOKINGS: BEST EVER YEAR (In ₹ Cr.) 900 48% CAGR FY18 – FY23 802 800 700 FY23 601 600 529 ₹802 Cr 500 400 33% Growth 300 277 286 (YoY) 200 FY22 113 100 ₹601 Cr 0 FY18 FY19 FY20 FY21 FY22 FY23 Information Update I Q2 & H1 FY24 I 43
Slide 44: Collections: FY23
5 Year Performance COLLECTIONS: FY23 COLLECTIONS: BEST EVER YEAR (In ₹ Cr.) 700 35% CAGR FY18 – FY23 595 600 600 FY23 ₹600 Cr 500 400 326 1% 246 300 Growth 213 (YoY) 200 133 FY22 100 ₹595 Cr 0 FY18 FY19 FY20 FY21 FY22 FY23 Information Update I Q2 & H1 FY24 I 44
Slide 45: Consolidated Financial Performance
5 Year Performance CONSOLIDATED FINANCIAL PERFORMANCE REVENUE (In ₹ Cr.) EBITDA (In ₹ Cr.) 31% 30% 26% 27% 100 35% 299 90 24% 262 257 256 22% 30% 80 198 25% 70 149 60 20% 50 15% 40 30 10% 61 68 89 41 61 57 20 5% 10 0 0% FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22* FY23* EBITDA Margin (%)
Slide 46: Business Model & Strategic Pillars
BUSINESS MODEL & STRATEGIC PILLARS ▪ FUNDAMENTALS ▪ STRATEGIC PILLARS Information Update I Q2 & H1 FY24 I 46
Slide 47: Key Business Fundamentals
BUSINESS FUNDAMENTALS KEY BUSINESS FUNDAMENTALS LEAN ORGANISATION ▪ Low fixed cost: Centralized key functions ▪ Small team comprising key skill sets: Total on-roll strength of ~289 (March 2023) FOCUS ON LOW OPERATING LEVERAGE AND OUTSOURCING ▪ High reliance on outsourcing of noncore activities and e
Slide 48: Strategic Pillars
STRATEGIC PILLARS STRATEGIC PILLARS Asset light Customer Centricity Balanced Risk Profile Systems & Processes Innovation Corporate Update Information presentation I Q2 &I H1 OCTOBER FY24 I 2023 I 48
Slide 49: Asset Light
STRATEGIC PILLARS ASSET LIGHT TREAT LAND AS RAW MATERIAL; NO LAND BANKING; PROCESS INDUSTRY APPROACH PARAMETER TRADITIONAL LAND BANKING APPROACH OUR APPROACH Investment class Asset Raw Material Approach Speculative for appreciation Quick turnaround Value Add By Holding By quick conversion into value
Slide 50: Balanced Risk Profile
STRATEGIC PILLARS BALANCED RISK PROFILE FOCUS ON EFFICIENT CASH FLOW MANAGEMENT & LOW LEVERAGE FOCUSED MARKET & GEOGRAPHIC STRATEGY ▪ Target 30-40% sales at pre-launch & launch stages to generate momentum and thereby reduce working capital requirements ▪ Conservative horizontal market expansion ▪ En
Slide 51: Innovation
STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION UPLANDS: EXECUTIVE GOLF COURSE SPORCIA: HOMES AROUND SPORTS SKYLANDS: JOGGING TRACK IN THE SKY EXPANSIA: ALL ABOUT SPACES BELAIR: YOUR CLUB IN THE AIR UPLANDS: INSPIRED BY DISNEY ® Information Update I Q2 & H1 FY24 I 51
Slide 52: Innovation
STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION 3 ACRES OF LILY POND @ HG URBAN FORREST @ FORRESTE INTERNATIONAL CLUB ARCHITECTURE @ HG Forest Sitouts Forest Trail Forest Caves Campfire Point Information Update I Q2 & H1 FY24 I 52
Slide 53: Customer Centricity
STRATEGIC PILLARS CUSTOMER CENTRICITY AIMING FOR DELIGHT AT EVERY TOUCH POINT IN CUSTOMER LIFE CYCLE Customer Centric product offering* Value added Maintenance Services Impeccable record of on-time delivery Customer greetings Customer Portal to enable self services Innovative Pro-Res Services PROJEC
Slide 54: Systems and Processes
STRATEGIC PILLARS SYSTEMS AND PROCESSES DESIGN & DEVELOPMENT PROCESS DEFINED PROJECT ACQUISITION POWERFUL SALES ENGINE & PROCESSES SUPPORTED BY BEST-IN-CLASS PROCESS ▪ Best in class design partners: Woods ▪ System driven sales funnel for enhanced TECHNOLOGY Bagot, HOK, RSP, AAA ▪ Experienced land ac
Slide 55: Looking Ahead
LOOKING AHEAD ▪ DIFFERENTIATING FACTORS ▪ KEY FOCUS AREAS Information Update I Q2 & H1 FY24 II 55
Slide 56: Our Differentiating Factors in the Real Estate Marketplace
DIFFERENTIATING FACTORS OUR DIFFERENTIATING FACTORS IN THE REAL ESTATE MARKETPLACE EFFICIENT AND COMPETITIVE LAND SUCCESSFUL PARTNERSHIP – LONG ON TIME EXECUTION SOURCING TERM VALUE CREATION ▪ ▪ LEVERAGING BRAND ARVIND EXECUTION EXPERTISE VALUE FOR MONEY ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q2 & H1 FY24
Slide 57: Our Business Strategies to Accelerate Growth
KEY FOCUS AREAS OUR BUSINESS STRATEGIES TO ACCELERATE GROWTH NEAR TERM BUSINESS PLAN Aim to be amongst India’s ▪ Use Balance Sheet headroom and HDFC partnership to significantly grow project pipeline top ten real ▪ Multifold growth in bookings while maintaining profitability estate players ▪ Augment
Slide 58: Awards and Recognition
AWARDS AND RECOG- NITION ▪ AWARDS ▪ ACCOLADES Information Update I Q2 & H1 FY24 II 58
Slide 59: Awards & Recognitions FY16-23
AWARDS AWARDS & RECOGNITIONS FY16-23 Company & Individual Awards ‘Emerging Developer of the Real Estate Most Enterprising ‘Real Estate Most Enterprising ‘Scroll of Honour’ - 9th Realty ‘Asia’s Greatest Brands 2016’, - ‘Asia’s Greatest Leaders 2016’ - Year - Residential’ – May’15 CEO of the Year’ Feb
Slide 60: Awards & Accolades H1-FY24
ACCOLADES AWARDS & ACCOLADES H1- FY24 Real Estate and Business Excellence Awards 15th Realty+ Conclave & Excellence Awards, 2023 - Gujarat. Brand of the Year – Real Estate Plotted development of the Year – Residential Property of the Year Arvind Highgrove (Arvind SmartSpaces Limited) (Arvind Bel Air
Slide 61: Annexure: Project Profile in Detail
ANNEXURE: PROJECT PROFILE IN DETAIL ▪ OVERVIEW ▪ PROJECT DETAILS Information Update I Q2 & H1 FY24 I 61
Slide 62: Uplands
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Premium Golf Based Township 189 Villas Phase I, 54 Villas Phase II Overall 56 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q2 & H1 FY24 I 62
Slide 63: Uplands
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Information Update I Q2 & H1 FY24 I 63
Slide 64: Uplands Clubhouse
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS CLUBHOUSE Information Update I Q2 & H1 FY24 I 64
Slide 65: Skylands
PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS High Rise Residential Apartments 417 Units – 4.9 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q2 & H1 FY24 I 65
Slide 66: Skylands
PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS Information Update I Q2 & H1 FY24 I 66
Slide 67: Aavishkaar
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Affordable Residential Apartments 574 Units – 5.5 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: VITAN (JAGRUT & PARTNERS LLP) AMENITIES Information Update I Q2 & H1 FY24 I 67
Slide 68: Aavishkaar
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Information Update I Q2 & H1 FY24 I 68
Slide 69: Aavishkaar Club House
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q2 & H1 FY24 I 69
Slide 70: Aavishkaar Club House
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q2 & H1 FY24 I 70
Slide 71: Oasis
PROJECT// TUMKUR ROAD Bangalore OASIS 2 and 3 BHK Residential Apartments 470 units – 5.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q2 & H1 FY24 I 71
Slide 72: Oasis
PROJECT// TUMKUR ROAD Bangalore OASIS Information Update I Q2 & H1 FY24 I 72
Slide 73: Oasis Club House
PROJECT// TUMKUR ROAD Bangalore OASIS CLUB HOUSE Information Update I Q2 & H1 FY24 I 73
Slide 74: Belair
PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR 2, 2.5 &3 BHK Residential Apartments 334 units – 4.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q2 & H1 FY24 I 74
Slide 75: Belair Show Flat
PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR SHOW FLAT Information Update I Q2 & H1 FY24 I 75
Slide 76: Elan
PROJECT// KOTHRUD ROAD, PUNE ELAN High rise Residential Apartments 120 Units – 1.3 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: - A&T CONSULTANTS AMENITIES Information Update I Q2 & H1 FY24 I 76
Slide 77: The Edge
PROJECT// TUMKUR ROAD, Bangalore THE EDGE Commercial & Retail Space 116 Units – 1.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q2 & H1 FY24 I 77
Slide 78: Highgrove Chirping Woods
PROJECT// MOTI DEVTI, SANAND, AHMEDABAD HIGHGROVE CHIRPING WOODS Weekend Homes - Plots ~777 Units Overall 57 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q2 & H1 FY24 I 78
Slide 79: Forreste
PROJECT// RACHARDA KHATRAJ ROAD, AHMEDABAD FORRESTE Premium Land Oriented Villa Scheme 353 Units in Phase 1 to 4, 98 units Phase 5 (Overall ~50 Lakh Sq. Ft.) Deal Structure: DM Architect: In-House & GOMA ENGINEERING AMENITIES Information Update I Q2 & H1 FY24 I 79
Slide 80: Fruits of Life
PROJECT// BAVLU, GHANDINAGAR FRUITS OF LIFE Premium Weekend Villa Plots 245 Units in Phase 1 & 2 (Overall ~17.5 Lakh Sq. Ft.) Deal Structure: Outright Architect: In-House AMENITIES Plots with your own Near Bavlu lake that is full community fruit orchards of native & migratory birds Banquet Hall & Gy
Slide 81: Greatlands
PROJECT// DEVANAHALLI, BANGALORE GREATLANDS Premium Weekend Villa Plots 612 Units in Phase 1 & 2 (Overall ~9.5Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Colliers International AMENITIES Spa, library, and yoga 9 Hole Executive Golf pavilion, State-of-the-art Course clubhouse amidst na
Slide 82: Forest Trails
PROJECT// SARJAPUR, BANGALORE FOREST TRAILS Premium Weekend Villa Plots 254 Units in Phase 1 (Overall ~8.Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Apurva Amin Associates AMENITIES 1.2-kilometre-long Forest Lily Pond Trail Senior Citizens’ Sit Out Barbeque Station, Gymnasium, swimmin
Slide 83: Safe Harbor
SAFE HARBOR This presentation has been prepared by Arvind Smart Spaces Limited solely to provide information about the Company. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such informatio
Slide 84: Thank You
THANK YOU ARVIND SMARTSPACES LTD (CIN: L45201GJ2008PLC055771) REGISTERED & CORPORATE OFFICE: 24, Govt. Servant’s Society, Adj. Municipal Market, C. G. Road, Ahmedabad- 380 009 Tel: +91 79 68267000 www.arvindsmartspaces.com INVESTOR RELATIONS ANKIT JAIN | CHIEF FINANCIAL OFFICER E: ankit.jain@arvind.