Arvind Smartspaces Ltd. · NSE:ARVSMART
Arvind Smartspaces — Q3 FY21 Earnings Presentation
82 slides from Arvind Smartspaces's earnings presentation, Jan 28, 2021
Slide 1: Q3 FY21 Jan 28, 2021
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Slide 2: Key Updates – Operations
Key Updates – Operations • MIS Sales for the Quarter Rs. 144 Cr vs Rs. 61 Cr last year (Growth of 138% ) Fresh Sales • MIS Sales for YTD Dec FY21 Rs. 322 Cr vs Rs. 138 Cr last year (Growth of 134% ) Unrecognised Sales • Rs. 641 Cr as on Dec 31, 2020 vs Rs. 477 Cr as on March 31, 2020 • Strong Sales
Slide 3: Key Updates – Operations
Key Updates – Operations Project Till date completed and handed over 10 projects measuring total developed area of 4.24 Million sqft (Alcove, Megatrade, Parishkaar, Trade square, Expansia, Citadel, Completion SporciaMegapark, Megaestate and Skylands) , Ongoing Currently, executing 9 projects in
Slide 4: Consolidated Financials for Q3 FY21
Consolidated Financials for Q3 FY21 Revenue Revenue of Rs. 44 Cr lacs during Q3 FY21 as against Rs. 94 Cr in Q3 FY20 Revenue down by 53% Y-o-Y EBITDA of Rs. 14 Cr during Q3 FY21 as against Rs. 39 Cr in Q3 FY20 EBITDA EBITDA margin at 32% vs 42% LY PBT of Rs. 7.7 Cr during Q3 FY21 as agains
Slide 5: Strategic Initiatives
5 Strategic Initiatives Steps taken Focus on Horizontal Development • Successful New launches • Forreste, 135 acre township with state of art villas with potential topline of Rs. 500 – 600 Cr • Phase 1 and 2 sold successfully Long term value creation • High Grove, a project measuring approx. ~ 6.7 m
Slide 6: Sales Highlights - Quarter
Sales Highlights - Quarter Growth Particulars Q3 FY20 Q3 FY21 % Area Sold (Sq. Ft.) 1,17,783 7,59,944 Booking Value (INR Cr.) 61 144 138% 6
Slide 7: Digital Campaign
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Slide 8: Print Campaign
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Slide 9: Other Initiatives – Hoardings and Mobile Van
Other Initiatives – Hoardings and Mobile Van 9
Slide 10: Financial Performance
Financial Performance Q3FY21 YTD Dec FY21 Q3 FY21 YTD Dec FY21 Particulars Particulars PY CY Growth % PY CY Growth % Revenue 94.2 44.5 -53% Revenue 164.2 84.8 -48% EBITDA 39.1 14.4 EBITDA 60.7 25.7 EBITDA % 42% 32% EBITDA % 37% 30% Finance Cost 6.1 6.7 Finance Cost 18.1 20.5 PBT 33.1 7.7 PBT 43.5 5.
Slide 11: Financial Snapshot (Q3 FY21)
Financial Snapshot (Q3 FY21) Turnover (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 94.2 39.1 19.5 44.5 5.0 14.4 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 Q3 FY20 Q3 FY21 11
Slide 12: Balance Sheet - Abstract (Consolidated)
Balance Sheet - Abstract (Consolidated) Rs. Cr Rs. Cr As on As on As on As on Particulars st th Particulars 31 Mar,20 30 Sept,20 31st Mar,20 30th Sept,20 Equity and liabilities ASSETS Share Capital 35.6 35.6 Fixed Assets 29.2 29.9 Reserves and Surplus 253.3 250.4 Non-Current Financial Assets 65.2 70
Slide 13: Performance of Scrip (Since Listing)
Performance of Scrip (Since Listing) Performance of Scrip (since Listing) 500 380 BSE Sensex Index 450 BSE Realty Index 330 400 ASL Index 280 350 300 230 250 180 200 150 130 100 80 50 30 0 Apr-16 Jun-16 Apr-17 Jun-17 Apr-18 Jun-18 Apr-19 Jun-19 Apr-20 Jun-20 Dec-15 Dec-16 Dec-17 Dec-20 Aug-15 Feb-16
Slide 14: Shareholding Pattern (%)
Shareholding Pattern (%) Category 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20 Promoter and Others, 59.06% 59.06% 59.06% 58.66% Promoter Group 37.58% Promoter Foreign Institutional and 0.03% 0.03% 0.03% 0.03% Investors(FIIs) Promoter Group, Mutual Funds 1.61% 1.41% 0.66% 0.00% Insurance 58.66% Companie F
Slide 15: Project Portfolio - Completed
Project Portfolio - Completed Completed Projects – 10 Projects 15
Slide 16: Project Portfolio - Ongoing
Project Portfolio - Ongoing Ongoing Projects – 9 Projects 16
Slide 17: Project till Date Synopsis
Project till Date Synopsis Booking Revenue Inventory as on Project Est. Area Area Booked Till Date Value till Recognized till Avg. Price Residential Projects Date Completion Date Date (sqft) (sqft) (sqft) (Rs. Lac) (Rs. Lac) (%) (Rs./sqft) Alcove 10,32,660 9,84,150 48,510 2,475 2,474 100 251 Parishk
Slide 18: Project till Date Synopsis
Project till Date Synopsis Booking Revenue Inventory as on Project Est. Area Area Booked Till Date Value till Recognized till Avg. Price Residential Projects Date Completion Date Date (sqft) (sqft) (sqft) (Rs. Lac) (Rs. Lac) (%) (Rs./sqft) Uplands ONE 31,92,901 25,25,238 6,67,663 37,796 21,791 90 1,
Slide 19: Quarterly Synopsis
Quarterly Synopsis Amount Revenue Area Booked in Units Booked in Q3 Sales Value for Collected in Recognized in Q3 Residential Projects Q3FY21 FY21 Q3 FY21 Q3 FY21 FY21 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 42,142 35 2,372 2,267 2,231 Uplands ONE 53,978 2 813 2,062 1,973 Oasis 8,831
Slide 20: Uplands
Uplands Location: Nasmed Village, Gandhi Nagar Product: Premium golf based township Project Size: 189 Villas (Phase I) Deal Structure: Joint Development Architect: Woods Bagot Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Square, Fun Square) Premium Concierge Services
Slide 21: Uplands
Uplands Rendered image Golf Course Construction 21
Slide 22: Uplands
Uplands Actual Site Image –Club House 22
Slide 23: Uplands
Uplands Actual Site Image –Club House 23
Slide 24: Uplands Club House
Uplands Club House
Slide 25: Uplands Club House
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Slide 26: Uplands Clubhouse
Uplands Clubhouse
Slide 27: Uplands Clubhouse
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Slide 28: Uplands Clubhouse
Uplands Clubhouse
Slide 29: Uplands
Uplands Actual Villa Construction 29
Slide 30: Uplands
Uplands Sample Villa Interior 30
Slide 31: High Grove
High Grove Location: Moti Devti, Sanand, Ahmedabad Product: Weekend Homes - Plots Project Size: 814 Units Deal Structure: Joint Development Architect: Woods Bagot Features 9 Hole Executive Golf Course Clubhouse powered by SMAAASH, which is perfected by Sachin Tendulkar Bowling Alley Golf
Slide 32: High Grove
High Grove Villa side view Club house 32
Slide 33: Skylands
Skylands Location: Jakkur Road, Shivanahalii,Bengaluru Product: High rise Residential Apartments Project Size: 417 Units Deal Structure: Outright Purchase Architect: Apurva Amin Features Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing deck on terrace Club
Slide 34: Skylands
Skylands ALVIND SMALTSPACES 3
Slide 35: Skylands
Skylands 35
Slide 36: Skylands
Skylands 36
Slide 37: Project – Skylands Clubhouse
Project – Skylands Clubhouse 37
Slide 38: Project – Skylands Clubhouse
Project – Skylands Clubhouse 38
Slide 39: Skylands
Skylands Model Flat 39
Slide 40: Oasis
Oasis Location: Tumkur Road, Bengaluru Product: 2&3 BHK Residential Apartments Project Size: 452 units Deal Structure: Outright Purchase Architect: Apurva Amin Features: Aqua Center Terrace café Central Landscape Area Senior Citizen’s Nook Indoor Gym & Steam room Sports facilities like C
Slide 41: Oasis
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Slide 42: Oasis
Oasis Actual Site Image pian aes Arn SMASTSPACES 22 2021/1/18 12:23
Slide 43: Oasis
Oasis Construction at Site 43
Slide 44: Oasis
Oasis Construction at Site 44
Slide 45: Aavishkaar
Aavishkaar Location: Naroda Road, Ahmedabad Product: Affordable Residential Apartments Project Size: 1200 Units Deal Structure: Development Agreement Architect: Vitan (Jagrut & Partners LLP) Features: Gated community & CCTV camera Central Landscape area Outdoor & Indoor Gym Yoga & Multip
Slide 46: Aavishkaar
Aavishkaar Actual Construction Image 46
Slide 47: Aavishkaar
Aavishkaar Actual Construction Image 47
Slide 48: Aavishkaar
Aavishkaar Actual Construction Image 48
Slide 49: Aavishkaar Model Flat
Aavishkaar Model Flat 49
Slide 50: Aavishkaar Model Flat
Aavishkaar Model Flat Model Flat 50
Slide 51: Elan
Elan Location: Kothrud Road, Pune Product: High rise Residential Apartments Project Size: 81 Units Deal Structure: Development Agreement Architect: A & T Consultants Features: Landscape Walkway Club Terrace Café Sitting Outdoor & Indoor Gym Fully equipped Home Theatre room State of art S
Slide 52: Elan
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Slide 53: Elan
Elan Actual Construction Image 53
Slide 54: Elan
Elan Actual Construction Image 54
Slide 55: Edge
Edge Location: Tumkur Road, Bengaluru Product: Commercial & Retail Space Project Size: 130 Units Deal Structure: Outright Purchase Architect: A & T Consultants Features: Common Conference Room Theatre/Auditorium Modern Cafetaria Gymnasium CCTV, Intercom Facility Parking & Automatic Eleva
Slide 56: Edge
Edge Excavation is in progress Foundation commencement 56
Slide 57: Forreste
Forreste Location: Racharda Khatraj Road, Ahmedabad Product: Premium land oriented villa scheme Project Size: 117 Units Deal Structure: DM Architect: In House Features: Lounge with Seating & Library Café & Restaurant Banquet Hall & Kids Zone Gymnasium Multimedia Theatre Sports amenities
Slide 58: Forreste
Forreste
Slide 59: Forreste
59 Forreste
Slide 60: Uplands TWO Monogram Living
Uplands TWO Monogram Living Location: Nasmed Village, Gandhi Nagar Product: Premium golf based township Project Size: 11 Villas – Very High End 34 Villas - Normal Deal Structure: Joint Development Architect: Woods Bagot Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Squ
Slide 61: Bel Air
Bel Air Location: New Town Road, Yelahanka, Bangalore Product: 2, 2.5 and 3 BHK Residential apartment Project Size: 334 Units Deal Structure: Outright Purchase Architect: Apurva Amin Features: Club, Lounge and Amenities Work From Home Features Cantilevered Skyclub Vaastu compliant Smart
Slide 62: Bel Air
Bel Air Excavation Sales Office
Slide 63: Bel Air
Bel Air Excavation Sales Office
Slide 64: Megaestate
Megaestate Location: Naroda Road, Ahmedabad Product: Industrial Sheds Project Size: 30 Sheds (Phase I) Deal Structure: Development Agreement Architect: E-Cube Features State of the art design Contemporary external façade Contemporary landscape design Rain water harvesting Wide Entrance A
Slide 65: Megaestate
Megaestate Actual Site Images – Shed Construction 65
Slide 66: Megapark
Megapark Location: Changodar, Ahmedabad Product: Industrial Sheds & Plots Project Size: 151 Sheds & 23 Plots Deal Structure: Joint Development Architect: In house Features Business Centre with allied facility Conference Hall/Training Centre with multimedia facility 24*7 secured premises
Slide 67: Megapark
Megapark Construction work at Site 67
Slide 68: Megapark
Megapark Construction work at Site – Sample Shed 68
Slide 69: About the Company
About the Company ALVIND SMALTSPACES 6
Slide 70: Board of Directors
Board of Directors Mr. Sanjay S. Lalbhai Mr. Kamal Singal Chairman & Non-Executive Director Managing Director & CEO And Promoter Mr. Kulin S. Lalbhai Mr. Pratul Shroff Ms. Pallavi Vyas Non-Executive Director Independent Director Independent Director Mr. Nirav Shah Mr. Prem Prakash Pangotra Independe
Slide 71: Overview | Arvind Smartspaces
Overview | Arvind Smartspaces ● One of the fastest growing real estate developer in the listed space ● Ahmedabad-based real estate developer, commenced operations in 2009 ● Listed on NSE and BSE through demerger of real estate business from Arvind Ltd ● Operates largely in Ahmedabad and Bangalore, h
Slide 72: Strategic Pillars, Financial Performance, Awards & accolades
Strategic Pillars Financial Performance Awards & accolades 72
Slide 73: Five Strategic Pillars
Five Strategic Pillars 1. Asset light/ low capex model to optimize ROE 3. Low Financial and Operational Leveraging Focus on JD/JV deals Optimum D/E ratio: • Infuse additional equity based on Focus on Residential segment (low CAPEX requirement requirement) • Maintain operational efficiency to ensure
Slide 74: Five Strategic Pillars
Five Strategic Pillars 4. Optimum/ conservative risk profile 5. Innovative/Customer-Centric products, designs & services Primary focus on end-consumption residential segment Set industry benchmarks in Product Designs and Innovation Steady and cautious geographic expansion Partner with best in class
Slide 75: Financial Snapshots
Financial Snapshots Rs. in Crores Particular FY15 FY16 FY17 FY18 FY19 FY20 GAGR % Total Revenue 86.6 116.4 160.0 202.0 264.3 301.7 28% EBITDA 25.2 36.7 46.4 65.0 70.3 91.00 29% EBITDA % 29% 32% 29% 32% 27% 30% PAT 10.6 17.2 21.0 30 30.6 39.3 30% PAT % 12% 15% 13% 15% 12% 13% 75
Slide 76: Sales Highlights
Sales Highlights Growth FY20 Particulars FY20 FY19 FY18 over FY19 % Area Sold (Sq. Ft.) 17,25,709 7,69,227 5,98,027 124% Booking Value (INR Cr.) 285.9 280.5 104.0 2% 76
Slide 77: Awards & Recognition
Awards & Recognition 8th May, 2015 Won the “Emerging developer of the year- Residential” award in Realty Plus Excellence Awards 8th May, 2015 Uplands won the “Luxury project of the year” award in Realty Plus Excellence Awards 20th Feb, 2016 Bagged ”Emerging Developer of the Year – India” award in AB
Slide 78: Awards & Recognition
Awards & Recognition 25th Nov, 2016 Project Arvind Uplands won the “Integrated Township of the Year – India” award in DNA Real Estate & Infrastructure Round Table & Awards 6th Dec , 2016 Arvind SmartSpaces has received “Certificate of Excellence” in ASSOCHAM Top 50 SME Index 8th Dec , 2016 Project A
Slide 79: Awards & Recognition
Awards & Recognition 6th Jul, 2017 Arvind Expansia has won “Luxury Project of the year” award at the National Awards for Marketing Excellence in Real Estate and Infrastructure organized by Times Network 19th Aug , 2017 Arvind SmartSpaces has won “Excellence in Upgrading Lifestyle Standards” award at
Slide 80: Awards & Recognition
Awards & Recognition 14th June, 2019 Arvind Aavishkaar has won “Affordable Housing Project of the Year” award at the Realty Plus Conclave & Excellence Award 2019 25th August, 2019 Arvind SmartSpaces has been awarded "Best Real Estate Company" by India News Gujarat at Gujarat First Conclave 13th Sept
Slide 81: Thank You
Thank You Arvind SmartSpaces Ltd Investor Relations: (CIN: L45201GJ2008PLC055771) Registered & Corporate Office: Ankit Jain 24, Govt. Servant’s Society, Chief Financial Officer Adj. Municipal Market, Email: ankit.jain@arvind.in C. G. Road, Ahmedabad- 380009 Tel: +91 79 68267000 Prakash Makwana www.a
Slide 82: Annexure
Annexure Note Considering the nature of the business carried on by the Company whereby revenues do not necessarily accrue evenly over the projects period, the revenues of the quarter and/or the year may not be strictly comparable with the results of the corresponding quarter and/or the year. Total a