Slide 1: Slide 1
Slide 2: Investor Presentation Q2 – FY 2023
INVESTOR PRESENTATION Q2 – FY 2023
Slide 3: One of the largest real estate players in affordable and mid-income housing
ASL: One of the largest real estate player in affordable and mid-income housing segment • Mirroring the population Matrix – supply of Customer- centric development product in line with socio-economic spread of the model population • Over 96% of portfolio in affordable and mid- income housing • Produ
Slide 4: Capital Efficient Business Model
Capital Efficient Business Model Asset Light Model Low-Cost Land • Continuing to enter into JD, JV or DM • Acquire lands on outright basis at low-cost arrangement in Mid-income segment for affordable housing • Targeting redevelopment opportunities • Reaching out landowners directly rather than prima
Slide 5: Key Highlights for Q2-FY23
KEY HIGHLIGHTS FOR Q2-FY23 4
Slide 6: CMD's Message
CMD’S MESSAGE “I am glad to inform that Arihant Superstructures has achieved a 38% YoY growth in Revenue in Q2FY23 despite several headwinds faced by the real estate sector such as rising interest rates, extended monsoon, as well as global economic slowdown. We continue to launch new projects in spe
Slide 7: Operational Highlights
OPERATIONAL HIGHLIGHTS Q2-FY23 H1-FY23 Units Sold Area Sold Value of sales Collection Units Sold Area Sold Value of sales Collection (364) (3.06 L Sft) (INR 177.4 CR) (INR 117.1 CR) (785) (6.23 L Sft) (INR 366.7 CR) (INR 227.9 CR) Business Development 4.5% Under asset-light model, we have entered in
Slide 8: H1-FY23 at a Glance
H1-FY23 AT A GLANCE Units Sold (No.) Area Sold (Lakh Sft) Value of Sales (INR Cr) 1,628 13.8 764.0 934 8.7 785 400.3 366.7 710 6.3 6.2 264.8 FY20 FY21 FY22 H1 FY23 FY20 FY21 FY22 H1 FY23 FY20 FY21 FY22 H1 FY23 Total Revenue (INR Cr) EBITDA (INR Cr) PAT (INR Cr) 332.5 41.4 71.3 272.3 237.6 47.6 50.2
Slide 9: Quarterly Results – Q2 & H1 FY23
QUARTERLY RESULTS – Q2 & H1 FY23 Y-o-Y Change Y-o-Y Change (INR Cr) Q2 FY23 Q2 FY22 H1 FY23 H1 FY22 (%) (%) Total Income 120.88 88.18 37.1% 210.47 172.70 21.9% Total Operating Expenses 100.69 68.01 48.1% 171.19 137.14 24.8% EBITDA 20.19 20.18 0.1% 39.28 35.56 10.5% EBITDA Margin (%) 16.70% 22.88% 18
Slide 10: Debt & Return Ratios
DEBT & RETURN RATIOS Debt attributable as per Return Ratios Entity Debt Entity % holding % holding (INR Cr) (INR Cr) ROE ROCE 26.0% ASL 51.02 100% 51.02 16.3% 17.6% 11.0% Arihant Vatika 1.12 60% 0.67 10.9% 11.4% 8.4% Arihant Aashiyana 49.74 60% 29.84 4.5% FY19 FY20 FY21 FY22 Arihant Abode 241.33 60%
Slide 11: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (INR Cr) FY19 FY20 FY21 FY22 H1FY23 Total Revenue 242.2 237.6 272.3 332.5 210.5 Cost of Construction, Land & 195.5 119.2 149.2 289.1 139.3 Development Changes in Inventories (51.1) 33.6 33.4 (92.3) (1.6) Employee Benefits Expense 13.8 12.1 11.9 16.4 9.0 Othe
Slide 12: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Equity and Liabilities (INR Cr) FY19 FY20 FY21 FY22 H1FY23 Share Capital 41.2 41.2 41.2 41.2 41.2 Reserves and Surplus 80.7 85.6 97.5 137.3 155.1 Non-Controlling Interest 13.9 20.0 24.6 24.6 29.2 Total Equity 135.7 146.8 163.3 203.0 225.5 Long Term Borrowings 237.7 316.9 2
Slide 13: Launch Pipeline
LAUNCH PIPELINE Est. Revenue Project* Location Category Timeline No. of Units Area (Sft) potential# (INR Cr) Aakarshan Taloja Affordable Q1 - FY23 439 2,66,378 135 Amisha Taloja Affordable Q2 - FY23 140 1,00,464 45 Aayan Titwala Affordable Q3 - FY23 200 1,45,044 160 Aaradhya Kalyan Affordable Q3 - F
Slide 14: Consistent Pace of Delivery
CONSISTENT PACE OF DELIVERY We move forward with a strong belief that timely delivery with superior quality will be the key differentiator in the future Consistently delivered 700-900 units year on year since past many years and working towards improving the pace While most projects were in under co
Slide 15: Board of Directors
BOARD OF DIRECTORS Executive Directors Ashok Chhajer Nimish Shah Parth Chhajer Chairman & Managing Director Whole-Time Director Whole-Time Director ● Over 2 decades in the real estate business ● A civil engineer with over 19 years experience in ● Worked briefly with the leading capital markets group
Slide 16: Management Team
MANAGEMENT TEAM Abhishek Shukla Sangeeta Chhajer Chief Strategy Officer Head Post-sales & Operations ● Seasoned business and finance professional with over 16 years experience in ● Rich experience of nearly a decade and a half in the field of administration and P&L Management, Corporate Finance, Bus
Slide 17: Awards & Recognitions
AWARDS & RECOGNITIONS 2021-2022 2017-2020 Best Developer for Green Buildings by CIA Zee Business Iconic Award IGBC Pre-certified Affordable Housing World Award – by Radio City Platinum Rating Project of the Year Developer of the for Arihant for Aspire project for Arihant Arshiya Year( Affordable Asp
Slide 18: ESG
ESG ASL engages in sustainable development of Environment, Society and Governance Environment Social Governance • Most of our developments have sewage treatment plants, rainwater • The Board inculcates culture of harvesting, solar power & heating as • Social development by supporting Rural accountab
Slide 19: Capital Market Data
CAPITAL MARKET DATA BSE Scrip Code 506194 Shareholding Pattern NSE Trading Symbol ARIHANTSUP As on 30 September, 2022 Public 23.20% Bloomberg Code ARSU:IN FIs/Banks/FPIs GICS Sector Real Estate 2.09% Market Cap as on INR 956 Cr 14.11.2022 52 Week High INR 261.30 Promoters 74.71% 52 Week Low INR 102.
Slide 20: Project Portfolio
PROJECT PORTFOLIO 19
Slide 21: Snapshot
SNAPSHOT Total Estimated Receivables of ~INR 7,800 Cr Completed Projects Ongoing Projects Forthcoming Projects • 98% sales booking achieved • ~4.5 mn Sft area under • Development Potential of ~10.1 for the completed projects development for the ongoing projects mn Sft in pipeline for coming years •
Slide 22: Portfolio Mix
PORTFOLIO MIX Category-wise portfolio mix High Income Group (> INR 10,000/Sq. Ft.) 3.10% Diversified portfolio mix with focus on affordable and mid income housing Affordable (< INR 5,000/Sq. Ft.) 57.30% Mid Income Group (INR Area-wise Portfolio Mix 5,000-10,000/Sq. Ft.) 39.60% Jodhpur 19.04% Khargha
Slide 23: Completed & Ongoing Projects
COMPLETED & ONGOING PROJECTS Units Balance Total Area Balance Economic Total units MMR Projects Location Booked Inventory in Saleable Booked Inventory in Interest of (No.) (No.) Units (No.) Area (Sft) (Sft) Area (Sft) ASL Completed Projects Total MMR 3,134 3,059 75 25,34,751 24,83,713 51,038 ~80% On
Slide 24: Forthcoming Projects
FORTHCOMING PROJECTS Total Saleable Area Economic Interest of MMR Projects Location Total units (No.) (Sft) ASL Amisha Taloja 274 2,20,514 60% Arshiya Khopoli 1,135 8,56,669 100% Aspire Panvel 1,648 19,43,715 60% Aakarshan Taloja 1,928 12,56,240 100% Aaradhya Kalyan Annexe 1,410 9,09,502 100% Anmol
Slide 25: Cash Flow Status & Potential - Ongoing
CASH FLOW STATUS & POTENTIAL - ONGOING Balance Revenue Balance Revenue to be Balance Sale Value of Amount potential of Total Est. Revenue Economic Receivables Recognized Potential MMR Projects Booked Area Received (INR Balance Receivables(INR Recognized Interest of from Booked from Booked Revenue (I
Slide 26: Cash Flow Potential - Forthcoming
CASH FLOW POTENTIAL - FORTHCOMING Revenue potential of Economic Interest of Project Location Category Balance Inventory ASL (INR Cr) Amisha Taloja Affordable 99 60% Arshiya Khopoli Affordable 317 100% Aspire Panvel Mid-Income 1,574 60% Akarshan Taloja Affordable 691 100% Aaradhya Kalyan Annexe Affor
Slide 27: Project Updates
PROJECT UPDATES 26
Slide 28: Geographical Spread – MMR
GEOGRAPHICAL SPREAD – MMR 13 Projects # Project Name Location Completion Area Sold (MMR) Status (%) 1 Arihant Aarohi Shilphata 86% 73% 2 Arihant 4Anaika Taloja (Nr 75% 99% Kharghar) Shilphat 3 Arihant Aspire Panvel 61% 68% a Titwala 4 Arihant Aalishan Kharghar 58% 49% Thane 5 Arihant Aloki Karjat 48
Slide 29: Geographical Spread – Jodhpur
GEOGRAPHICAL SPREAD – JODHPUR 3 Projects (Jodhpur) Completion # Project Name Location Area Sold (%) Status 1 Adita Pal Gangana Road 87% 43% Jodhpur 2 Aanchal Dali Bai Circle 95% 80% 3 Ashray Dali Bai Circle - - Dali Bai Circle Pal Gangana Road 28
Slide 30: Project Update
PROJECT UPDATE ARIHANT ASPIRE ARIHANT 4ANAIKA ARIHANT AAROHI (PANVEL) (TALOJA) (SHILPHATA) * Elevation image is an Artist’s impressions for representational purposes only 29
Slide 31: Project Update
PROJECT UPDATE ARIHANT AALISHAN ARIHANT ALOKI ARIHANT ANMOL (KHARGHAR) (KARJAT) (BADLAPUR) * Elevation image is an Artist’s impressions for representational purposes only 30
Slide 32: Project Update
PROJECT UPDATE ARIHANT ADVIKA ARIHANT 5ANAIKA ARIHANT AMISHA (VASHI) (TALOJA) (TALOJA) * Elevation image is an Artist’s impressions for representational purposes only 31
Slide 33: Project Update
PROJECT UPDATE ARIHANT ADITA ARIHANT ANCHAL (JODHPUR) (JODHPUR) * Elevation image is an Artist’s impressions for representational purposes only 32
Slide 34: Disclaimer
DISCLAIMER This presentation has been prepared by Arihant Superstructures Limited (the “Company” or “ASL”) together with its Subsidiaries (collectively, the “Arihant Group”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs
Slide 35: Thank you!
Thank you! For further Information please contact: Abhishek Shukla Chief Strategy Officer Tel: +91 22 6249 3333 Cell: +91 9619195775 Email: abhishek.shukla@asl.net.in Corporate Office: Arihant Aura, Floor No. 25, B wing, Plot no 13/1, TTC Industrial Area, Thane Belapur Road, Turbhe, Navi Mumbai – 40