Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q2 FY21 Earnings Presentation
33 slides from Ashiana Housing's earnings presentation, Nov 12, 2020
Slide 1: Submission letter to NSE for investor presentation
@sshisna you are in safe hands Date: 12 November 2020 The Secretary, National Stock Exchange of India Ltd. Exchange Plaza, Plot No. C/1, G Block Bandra Kurla Complex, Bandra € Mumbai - 400 051 Symbol: ASHIANA Sub: Investor Update/Presentation for the quarter and half year ended on 30" September 2020
Slide 2: For the quarter ended 30th September, 2020
For the quarter ended 30th September, 2020 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.N S | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED.
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 ▪ Booking higher at 2.29 Lakhs Sq. ft.(Q2FY21) vs. 0.81 Lakhs Sq. ft (Q1FY21). The bookings in this quarter had significant contribution from launch of Ph-5 of Vrinda Gardens in Jaipur and launch of a block for sale in Ph-3 Nirmay, Bhiwadi. And the bookings which were due for ca
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 3.50 3.01 3.00 2.50 2.37 2.29 ▪ Area booked as well as area constructed has 2.04 recovered in this quarter as compared to previous 2.00 quarter. Q1FY21 was impacted due to lockdown 1.50 1.21 1.00 0.81 0.50 0.00 Equivalent Area Constructed * Area Booked Q2 FY20 Q1 FY21
Slide 9: Quarterly Financial
Quarterly Financial 80 75 70 60 50 50 38 ▪ Pre-Operating Cash Flows positive at INR 40 30 30 Crores for Q2FY21 vs positive at INR 30 10.6 Crores for Q1FY21 due to increase in 20 collections 11 10 -3 -2 3 -10 0 -10 Pre-Tax Operating Cash Profit/(Loss) After Tax Sales and Other Income Flow Q2 FY20 Q1
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Particulars Equivalent Area Area Delivered & Recognized Value of Area Booked Area Booked Constructed* for Revenue AHL 44.11 1.29 2.09 1.06 FY21 Quarter 2 Partnership 31.95 0.99 0.92 0.03 Total 76.05 2.29 3.01 1.10 AHL 23.7
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend Project Location FY19 Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 AHL (Area in Sq. Ft.) Aangan Neemrana - - - - - - - (251) - (690) Anmol Gurgaon 15,600 22,950 10,260 14,660 7,650 17,020 5,015 2,088 1,515 350 Tarang Bhiwadi 1,384 (2,519) 25,705 10
Slide 12: 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 Project Phases Area Booked Received Constructed (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.)* Ashiana Housing Limited Bhiwadi Nirmay 3 2.35 0.89 32
Slide 13: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Sale Value of Amount Equivalent Area Entity Saleable Area Area Booked Area Booked Received Constructed * (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) Ashiana Housing Limited 23.14 15.04 519.88 172.13 7.49 Partnership 9.76 5.16 156.3
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. 14
Slide 15: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects 2% 9% 5% 3% 21% 60% Bhiwadi Chennai Jodhpur Jamshedpur Jaipur Pune © Ashiana Housing Limited, All Rights Reserved. 15
Slide 16: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Saleable Area Area Booked Expected Completion Location Project Phase Economic Interest Project Type (Lakhs Sq. ft.) (Lakhs Sq. ft.) Time Bhiwadi Nirmay 3 100% Senior Living 2.35 0.89 Q3FY23 Bhiwadi Tarang 2 100% Comfort Homes 0.66 0.28 Q1FY23 C
Slide 17: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 2% 2% 2% 6% 4% 23% 36% Q2 FY21 Q1 FY21 11% 41% 57% 7% 2% 8% Bhiwadi Chennai Gurgaon Jamshedpur Bhiwadi Chennai Gurgaon Jaipur Jodhpur Gujarat Pune Jaipur Jamshedpur Jodhpur 2% 1% 1% 1% 3% 9% 7% 9% 1% Q3 FY20 50% 37% Q4 FY20 79% Bhiwadi Chennai Gurgaon Bhiwadi Jamshedpur
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY20 Equivalent Area Lakhs Sq. ft. 17.87 22.80 23.44 17.39 8.16 7.68 9.85 Constructed* Area Booked Lakhs Sq. ft. 22.13 18.12 8.63 6.96 6.93 10.79 19.82 Value of Area Booked INR Lakhs 64,756 54,772 28,421 22,508 21,736 33,26
Slide 19: Quarterly Operational Data
Quarterly Operational Data Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Particulars Unit FY19 FY19 FY20 FY20 FY20 FY20 FY21 FY21 Equivalent Area Lakhs Sq.ft. 1.62 2.46 2.14 2.04 2.39 3.27 1.21 3.01 Constructed* Area Booked Lakhs Sq.ft. 2.55 2.83 3.54 2.37 9.78 4.14 0.81 2.29 Value of Area Booked INR Lakhs 7,692 8,917 11
Slide 20: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 20
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY20 Sales & Other Income INR Crores 122.80 164.44 542.67 397.02 334.92 350.63 317.55 Operating Expenditure INR Crores 90.91 105.42 385.47 291.00 266.92 303.37 316.84 EBITDA INR Crores 31.89 59.02 157.20 106.02
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q3FY19 Q4FY19 Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Sales & Other Income INR Crores 70.88 66.81 66.76 75.38 76.82 98.59 38.19 50.05 Operating Expenditure INR Crores 59.96 69.24 69.82 80.74 76.73 89.55 36.98 49.24 EBITDA INR Crores 10.93 (2.43
Slide 23: 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 24: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Tarang 3, 4 & 5 100% 8.66 Bhiwadi Gamma 1 100% 18.45 Bhiwadi Nirmay 4&5 100% 2.41 Jaipur Ashiana Daksh 3 100% 1.17 Jaipur Ashiana Amantran 3 75% of Revenue Share 3.52 Gurgaon Anmol 2&3 65% of Reven
Slide 25: Land available for Future Development
Land available for Future Development Estimated Land Estimated Saleable Location Land Proposed Development Area (Acres) Area (Lakhs Sq. ft) Bhiwadi Milakpur Land 40.63 31.00 Comfort Homes/ Senior Living Jaipur Umang Extension 7.20 6.50 Comfort Homes/ Senior Living Pune Ashiana Malhar 11.34 11.80 Com
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Total Area Area Booked and Unbooked Saleable Booked Area Recognised Unrecognised for Location Project Phase Share in Project Type Area Area (Lakhs Sq. ft.) for Revenue Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) Bhiwadi Nirmay 1&2 100%
Slide 27: Shareholding Pattern as on 30th September 2020
Shareholding Pattern as on 30th September 2020 Shareholding Pattern Institutional Holding above 1% No. of % Rank Fund / Institution Shares Holding 28% ICICI Prudential Equity 1 75,67,131 7.48% & Debt Fund 2 SBI Small Cap Fund 27,26,821 2.66% 61% 1% 10% Promoter & Promoter Group MF & Financial Instit
Slide 28: 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 29: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 29
Slide 30: About Ashiana
About Ashiana Incorporation / 1979 in Patna, New Delhi Headquarters Industry Real Estate with focus on residential apartments Business Comfort Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, South Operation of Gurgaon (Sohna), Lavasa, Halol,
Slide 31: 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 32: 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 33: Abbreviations
Abbreviations Sq. ft.: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax © Ashiana Housing Limited, All Rights Reserved. 33