Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — FY2021 Earnings Presentation
34 slides from Ashiana Housing's earnings presentation, Jun 26, 2021
Slide 1: Ashiana Housing – Investor Update Cover Letter
a ashisna you are in safe hands Date: 26" June 2021 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 year ended on 31* March 2021 Dear Sir,
Slide 2: For the Quarter and Year ended 31st March 2021
For the Quarter and Year ended 31st March 2021 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 Booking lower at 14.97 Lakhs Sq. ft.(FY21) vs. 19.82 Lakhs Sq. ft (FY20). Area constructed higher at 11.66 Lakhs Sq. ft. (FY21) vs 9.85 Lakhs Sq. ft. (FY20). Pre-tax operating cash flows was positive at INR 171.65 Crores (FY21) vs positive at INR 34.22 Crores (FY20) Revenue
Slide 8: Quarterly Highlights
Quarterly Highlights Booking higher at 8.30 Lakhs Sq. ft.(Q4FY21) vs. 3.57 Lakhs Sq. ft (Q3FY21). The bookings in this quarter were higher due to launch of Ph-2 of Ashiana Aditya in Jamshedpur and launch of Ph-5 of Ashiana Umang, Jaipur. Area constructed higher at 3.90 Lakhs Sq. ft. (Q4FY21) vs
Slide 9: Quarterly Operational Overview
Quarterly Operational Overview 9.00 8.30 8.00 7.00 Area booked was higher in Q4 FY21 as compared to 6.00 previous quarter, due to launch of Ashiana Aditya 5.00 Phase 2 and Ashiana Umang Phase 5 4.14 3.90 4.00 3.54 3.57 3.27 3.00 2.00 1.00 0.00 Equivalent Area Constructed * Area Booked Q4 FY20 Q3 F
Slide 10: Quarterly Financial
Quarterly Financial 110 99 90 90 81 70 67 64 Pre-Operating Cash Flows are positive at 50 INR 67.16 Crores for Q4FY21 and positive at INR 63.90 Crores for Q3FY21 30 10 5 -8 -6 13 -10 Pre-Tax Operating Cash Profit/(Loss) After Tax Sales and Other Income Flow Q4 FY20 Q3 FY21 Q4 FY21 © Ashiana Housing
Slide 11: 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 458.63 12.73 6.41 5.63 FY 21 Partnership 76.05 2.24 5.25 2.93 Total 534.68 14.97 11.66 8.55 AHL 278.36 7
Slide 12: Quarterly Sales Trend
Quarterly Sales Trend Project Location FY19 Q3 FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 AHL (Area in Sq. Ft.) Aangan Neemrana - - - - - (251) - (690) 3,750 (1,199) Anmol Gurgaon 10,260 14,660 7,650 17,020 5,015 2,088 1,515 350 38,055 60,895 Tarang Bhiwadi 25,705 10,035
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 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 1.68 60
Slide 14: 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 33.02 23.32 818.03 374.61 12.39 Partnership 6.74 3.28 107.
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. 15
Slide 16: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects 2% 6% 11% 2% 55% 24% Bhiwadi Chennai Jodhpur Jamshedpur Jaipur Pune © Ashiana Housing Limited, All Rights Reserved. 16
Slide 17: 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 1.68 Q3FY23 Chennai Shubham 3 73.75% of Revenue Share Senior Livin
Slide 18: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 1% 4% 1% 2% 3% 10% 7% 0% 24% 9% 34% 0% Q4 FY21 Q3 FY21 11% 37% 1% 9% 46% Bhiwadi Gurgaon Pune Neemrana Bhiwadi Gurgaon Pune Jaipur Chennai Jodhpur Gujarat Neemrana Jaipur Chennai Jamshedpur Jodhpur Gujarat 2% 2% 6% 2% 4% 23% 36% Q1 FY21 11% Q2 FY21 41% 57% 2% 7% 8% Bhiw
Slide 19: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY20 FY21 Equivalent Area Lakhs Sq. ft. 22.80 23.44 17.39 8.16 7.68 9.85 11.66 Constructed* Area Booked Lakhs Sq. ft. 18.12 8.63 6.96 6.93 10.79 19.82 14.97 Value of Area Booked INR Lakhs 54,772 28,421 22,508 21,736 33,262 67,163
Slide 20: Quarterly Operational Data
Quarterly Operational Data Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Particulars Unit FY20 FY20 FY20 FY20 FY21 FY21 FY21 FY21 Equivalent Area Lakhs Sq.ft. 2.14 2.04 2.39 3.27 1.21 3.01 3.54 3.90 Constructed* Area Booked Lakhs Sq.ft. 3.54 2.37 9.78 4.14 0.81 2.29 3.57 8.30 Value of Area Booked INR Lakhs 11,747 8,058 3
Slide 21: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 21
Slide 22: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY20 FY21 Sales & Other Income INR Crores 164.44 542.67 397.02 334.92 350.63 317.55 259.31 Operating Expenditure INR Crores 105.42 385.47 291.00 266.92 303.37 316.84 241.11 EBITDA INR Crores 59.02 157.20 106.02 68.00
Slide 23: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY20 Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Sales & Other Income INR Crores 66.76 75.38 76.82 98.59 38.19 50.05 89.71 81.36 Operating Expenditure INR Crores 69.82 80.74 76.73 89.55 36.98 49.24 71.23 83.66 EBITDA INR Crores (3.06) (5.3
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. 24
Slide 25: 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 Umang 6 100% 2.12 Jaipur Ashiana Amantran 3 75% of Revenue Share 3.52 Gurgaon Anmol 2&3 65% of Revenue Share
Slide 26: Land available for Future Development
Land available for Future Development Estimated Estimated Land Location Land Saleable Area Economic Interest Proposed Development Area (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur Land 40.63 31.00 100% Comfort Homes/ Senior Living Pune Ashiana Malhar 11.34 11.80 68% Revenue Share Comfort Homes Kolkata Ma
Slide 27: 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 28: Shareholding Pattern as on 31st March 2021
Shareholding Pattern as on 31st March 2021 Shareholding Pattern Institutional Holding above 1% No. of % Rank Fund / Institution Shares Holding 29% ICICI Prudential Equity 1 61,93,059 6.05% & Debt Fund 2 SBI Contra Fund 34,16,516 3.34% 61% 0% 10% Promoter & Promoter Group MF & Financial Institution F
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. 30
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. 34