Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2015 Earnings Presentation
25 slides from Ashiana Housing's earnings presentation, Jun 30, 2014
Slide 1: Investor Update
Investor Update For the quarter ending 30th June, 2014 BSE: 523716 | NSE: ASHIANA | Bloomberg: ASFI:IN| Reuters: AHFN.NS www.ashianahousing.com © 2014, Ashiana Housing Limited. All Rights Reserved.
Slide 2: 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 3: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexure Q1FY2015 3
Slide 4: Highlights and Overview
Highlights and Overview 01 Highlights and Overview Highlights Financial Overview Operational Overview Q1FY2015 4
Slide 5: Highlights
Highlights Launched of Ashiana Surbhi at Bhiwadi in May 2014, comprising of total saleable area of 4.63 lakhs sq.ft. Also introduced a new construction technology in this project - Aluminium Formwork, which would increase speed of construction. Obtained License from DTCP, Haryana for development
Slide 6: Financial Overview
Financial Overview Reasons for low sales and loss after tax: 3,150 As all the projects are now under contract completion method and the 2,684 2,650 company had very limited deliveries in this quarter, hence revenue not recognized as 2,270 2,213 such. 2,110 2,150 Upcoming quarters will improve as
Slide 7: Operational Overview
Operational Overview 8.00 Area Bookings increased by 17.45% YoY but declined by 34.45% QoQ due to : 6.88 7.00 6.34 6.00 The quarter was slow as there was 5.16 weakness in the market. 5.00 In Lakhs Sq. ft. 4.51 4.00 3.84 Received good response of bookings from 3.09 Ashiana Surbhi launched in the
Slide 8: Ongoing Projects
02 Ongoing Projects Geographical Presence Projects Summary Break up of Area Booked Yearly Data and Projections Quarterly Data Q1FY2015 8
Slide 9: Geographical Presence
Geographical Presence Halol 5% Jodhpur 4% Jamshedpur 4% Neemrana 3% Bhiwadi 36% Lavasa 5% Jaipur 42% Saleable Area of Ongoing Projects Q1FY2015 9
Slide 10: Project Summary
Project Summary As on June 30, 2014 Saleable Area Area Project Name Location Business Model Expected Completion Time Area Launched Booked Treehouse Expected completion in Bhiwadi Wholly owned 1.28 1.28 0.60 Residences Q2FY15 Expected Handover of Phase I Ashiana Town Bhiwadi Wholly owned 39.00 11.44
Slide 11: Project Summary
Project Summary As on June 30, 2014 Saleable Area Area Project Name Location Business Model Expected Completion Time Area Launched Booked Revenue Ashiana Anantara Jamshedpur 4.66 4.66 3.47 Expected Handover in Q2FY16 Sharing Construction has commenced. Revenue Ashiana Navrang Halol 6.71 2.69 1.80 Ex
Slide 12: Break up of Area Booked (QoQ)
Break up of Area Booked (QoQ) Jamshedpur 2% Bhiwadi 13% Halol 22% Bhiwadi Jodhpur 7% Jaipur 69% 29% Jaipur 52% Jamshedpur 6% July 13 - Sep13 Jan 14 - Mar 14 Lavasa 3% Jodhpur 5% Jamshedpur Halol, 7% Jamshedpur 3% 14% Lavasa 1% Bhiwadi 30% Bhiwadi 44% Jaipur 47% Jaipur 45% Oct 13 – Dec 13 Apr 14 – Ju
Slide 13: Yearly Operational Data and Future Outlook
Yearly Operational Data and Future Outlook In lsf 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15E Area Booked 7.07 13.50 17.83 18.65 22.13 24 Equivalent Area 10.22 10.74 14.62 12.27 17.87 22 Constructed Value of Area Booked 14,633 27,736 39,038 50,335 64,756 NA (In Rs Lakhs) Average Realizations 2,
Slide 14: Quarterly Operational Data
Quarterly Operational Data Particulars Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Q4 FY14 Q1FY14 Equivalent Area Constructed 4.01 3.09 4.02 4.42 6.34 5.16 (In lsf) Area Booked 5.82 3.84 8.43 2.98 6.88 4.52 (In lsf) Average Realizations 2835 2727 2889 3340 2904 2893 (In Rs/Sq. Ft.) Value of Area Booked 16,466 1
Slide 15: Financials
Financials 03 Financials Financial Summary YoY Financial Summary QoQ Q1FY2015 15
Slide 16: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 (in Lakhs Rs) Sales and Other Income 10,401 12,103 15,428 24,898 16,142 12,280 Operating Expenditure 7,027 7,411 9,578 15,930 11,375 9,091 EBITDA 3,374 4,692 5,850 8,967 4,767 3,189 Profit After Tax 2,84
Slide 17: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars (in Lakhs Rs) Q4 FY13 Q1 FY14 Q2 FY14 Q3 FY14 Q4FY14 Q1FY14 Sales and Other Income 6,277 2,270 6,149 1,647 2,213 1537 Operating Expenditure 4,643 1,341 4,633 1,291 1,826 1380 EBITDA 1,634 929 1,516 356 387 157 Profit/(Loss) After Tax 991 737 992 163 2
Slide 18: Future Outlook
Future Outlook 04 Future Outlook Future Projects Q1FY2015 18
Slide 19: Future Projects
Future Projects Estimated Saleable Area Land Name and Location Land Area (Acres) Proposed Development (lsf) Ashiana Umang, Jaipur 12.65 12.00 Comfort Homes Aangan Neemrana 4.00 4.00 Comfort Homes (Phase II) Utsav, Kolkata 10.13 7.50 Senior Living Artistic view of Ashiana Town, Bhiwadi Milakpur Land,
Slide 20: Contact Information
Contact Information For Any Queries, Contact Reena Takkar Ashiana Housing E: reena.takkar@ashianahousing.com T: +91 11 4265 4265 Q1FY2015 20
Slide 21: Annexure
Annexure 05 Annexure About Ashiana Business Model Accolades Abbreviations Q1FY2015 21
Slide 22: About Ashiana
About Ashiana Shareholding Pattern Individuals & Key Statistics Others 22% FY 14 Networth – Rs. 284.46 Crores FY14 Revenues – Rs 122.80 Crores Non Institutions FY14 Net Income – Rs 21.86 Crores 8% Market Cap (31st Mar 2014) – 826.28 Crores FII 3% Employees (31st Mar 2014) - 706 (approx.) P
Slide 23: Business Model
Business Model @asshisna you are in safe hands <= Low Capital Emploved Facilities Management + Joint development model lowers ¢ Salling a quality life style rather investment requirements. than just a house. + Operate in locations where land is * Provides inputs to development @ smaller component of
Slide 24: Accolades
@asshisna you are in safe hands Accolades Awarded as Best Affordable Housing in all INDIA & also in NGR category ASHIANA AANGAN by GNBC AWAAZ REAL ESTATE AWARDS 2012 Awarded as India’s Best Theme Based Township UTSAV - BHIWADI by CREDAI REAL ESTATE AWARDS 2012 (Non-metro Category) FORBES’ rates ASHI
Slide 25: Abbreviations
Abbreviations lsf : Lakhs square feet psf: Per square feet EAC: Equivalent Area Constructed PAT : Profit after Tax Q1FY2015 25