Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q4 FY2022 Earnings Presentation
34 slides from Ashiana Housing's earnings presentation, May 29, 2022
Slide 1: Investor update cover letter to stock exchanges
lashianc:9 you are in sate hands Date: 29th May 2022 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 No.: 52
Slide 2: For the Year and Quarter ended 31st Mar 2022
For the Year and Quarter ended 31st Mar 2022 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | 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: Annual Highlights
Annual Highlights Value of Area Booked increased to INR 573.25 Crores (FY22) vs INR 534.68 Crores (FY21). Sales Price improved to INR 3,883 psf (FY22) vs 3,571 psf (FY21) driven by increasing prices across projects and changing mix towards higher priced projects Area constructed higher at 16.2
Slide 8: Quarterly Highlights
Quarterly Highlights Amantaran Phase 3 was launched in Jaipur. Value of Area Booked improved to INR 185.57 Crores (Q4FY22) vs. INR 169.76 Crores (Q3FY22) due to increase in area bookings and also improvement in sales price. Area constructed was at 5.07 lakh Sq. ft. (Q4FY22) vs3.73 lakh Sq. ft.
Slide 9: Quarterly Operational Overview
Quarterly Operational Overview 9.00 8.30 8.00 7.00 6.00 Area booked was 4.53 Lakh Sq Ft in Q4 FY22 vs. 5.07 In Lakhs Sq. ft. 5.00 4.53 4.21 Lakhs Sq. ft in Q3FY22. 4.21 3.90 4.00 3.73 EAC was 5.07 Lakh Sq Ft in Q4 FY22 vs. 3.73 Lakhs 3.00 Sq. ft in Q3FY22. 2.00 1.00 0.00 Equivalent Area Area Boo
Slide 10: Quarterly Financial
Quarterly Financial 100 78.3 80 60.7 60 57.6 50.4 54.2 PAT was positive at INR 8.9 Crores for 40.4 Q4FY22 vis a vis net loss of INR 3.8 Crores 40 29.6 booked in Q3FY22 27.5 20 *Pre-Tax Operating Cash Flow remained 8.9 positive for all the quarters during the year 0 -3.8 -6.3 -5.7 -20 Pre-Tax Ope
Slide 11: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Period Entity Value of Area Equivalent Area Area Delivered & Area Booked Booked Constructed* Recognized for Revenue AHL 506.57 12.92 13.91 4.10 FY 22 Partnership 66.68 1.84 2.29 4.77 Total 573.25 14.76 16.20 8.86 AHL 172.4
Slide 12: Quarterly Sales Trend
Quarterly Sales Trend Project Location Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 AHL (Area in Sq. Ft. ) Aangan Neemrana Neemrana - (690) 3,750 (1,199) 1,450 1,450 - - Anmol Gurgaon 1,515 350 38,055 60,895 2,550 28,495 85,788 58,126 Tarang Bhiwadi 5,873 14,692 5,536 20,494 16,713 15,5
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 Entity Location Project Phase Area Booked Received Constructed * (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL AHL Bhiwadi Nirmay 4 2.09 1.45 54.24 18.61
Slide 14: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Equivalent Sale Value of Area Amount Saleable Area Area Booked Area Entity Booked Received (Lakhs Sq. ft.) (Lakhs Sq. ft.) Constructed* (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL 41.46 31.62 1,162.22 762.43 23.47 Partnership 0.00 0.00 0.00 0.00 0.00 Grand To
Slide 15: 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 16: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune 1% Gurgaon 7% Bhiwadi 13% Chennai 10% Jodhpur 3% Jaipur 42% Jamshedpur 23% Bhiwadi Chennai Jodhpur Jamshedpur Jaipur Gurgaon Pune © Ashiana Housing Limited, All Rights Reserved. 15
Slide 17: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Expected Saleable Area Area Booked Timeline as per Location Project Phase Economic Interest Project Type Customer (Lakhs Sq. ft.) (Lakhs Sq. ft.) RERA** Handover Date Bhiwadi Nirmay 4 100% Senior Living 2.09 1.45 Q3FY25 Q1FY24 Bhiwadi Tarang 3
Slide 18: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 6% 0% 11% 0% 7% 12% 6% 27% 11% 20% 10% Q3 FY22 Q2 FY22 6% 1% 0% 43% 40% Bhiwadi Gurgaon Pune Bhiwadi Gurgaon Pune Neemrana Jaipur Chennai Neemrana Jaipur Chennai Jamshedpur Jodhpur Gujarat Jamshedpur Jodhpur Gujarat 2% 1% 7% 3% 7% 23% 9% 30% 12% 13% Q1 FY22 0% 2% Q4 FY2
Slide 19: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Equivalent Area Lakhs Sq. ft. 17.87 22.8 23.44 17.39 8.16 7.68 9.85 11.66 16.20 Constructed* Area Booked Lakhs Sq. ft. 22.13 18.12 8.63 6.96 6.93 10.79 19.82 14.97 14.76 Value of Area INR Lakhs 64,756 54,7
Slide 20: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Equivalent Area Lakhs Sq. ft. 1.21 3.01 3.54 3.90 2.89 4.50 3.73 5.07 Constructed* Area Booked Lakhs Sq. ft. 0.81 2.29 3.57 8.30 1.51 4.51 4.21 4.53 Value of Area Booked INR Lakhs 2,736 7,605 13,157
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 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 Sales and Other Income INR Crores 542.67 397.02 334.92 350.63 317.55 259.31 233.59 Operating Expenditure INR Crores 385.47 291.00 266.92 303.37 316.84 241.11 230.71 EBITDA INR Crores 157.20 106.02 68.00 4
Slide 23: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Sales and Other Income INR Crores 98.59 38.19 50.05 89.71 81.36 40.43 60.69 54.19 78.28 Operating Expenditure INR Crores 89.55 36.98 49.24 71.23 83.66 44.10 63.33 55.08 68.19 EBITDA I
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 Ashiana Tarang 4,5 & 6 100% 7.51 Bhiwadi Ashiana Adwik 1,2,3,4,&5 100% 14.00 Bhiwadi Ashiana Nirmay 5 100% 0.30 Jaipur Ashiana Umang 6 100% 2.12 Gurgaon Ashiana Anmol 3 65% of Revenue 4.50 Gurgaon
Slide 26: Land available for Future Development
Land available for Future Development Estimated Estimated Area Location Land/ Project Name Saleable Area Economic Interest Proposed Development (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur 40.63 31.00 100% Comfort Homes/ Senior Living 80% Revenue Pune Varale Land 11.93 8.90 Senior Living Share 85% Revenu
Slide 27: Completed Projects having Inventory
Completed Projects having Inventory Area Booked & Area Recognised Saleable Area Booked Area Unrecognised For Unbooked Area Location Projects Phase Share in Project Type For Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 1,2 & Pl
Slide 28: Shareholding Pattern as on 31st Mar 2022
Shareholding Pattern as on 31st Mar 2022 Shareholding Pattern Institutional Holding above 1% Shareholding Pattern as on 31st Mar,2022 No. of Rank Fund / Institution % Holding Shares Others 23.65% 1 India Capital Fund Limited 53,56,327 5.23% FII & FPI ICICI Prudential Equity & Debt 2 36,04,258 3.52%
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 Comfort Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, South Operation of Gurgaon (Sohna), Lavasa, Halol,
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: 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. 33