Slide 1: Arihant Superstructures Ltd. - Continuing Stability
ARIHAN T SUPERSTRUCTU RES LTD. CONTINUING STABILITY CQ NTI NU ING STABILITY 23’d May, 2023 Corporate Relations Department Listing ComplianceDepartment BSELimited National Stock n&changeof India Phiroze JeejeebhoyTowers, Limited DalaI Street, Exchange Plaza, Mumbai - 400 001 Plot No. C/ 1, G Block, B
Slide 2: Investor Presentation FY 2023
INVESTOR PRESENTATION FY 2023
Slide 3: ASL: One of the largest real estate players in affordable and mid-income housing
ASL: One of the largest real estate player in affordable and mid-income housing segment • Mirroring the population Matrix – supply of Customer- centric product in line with socio-economic spread of the development model population • Over 98% of portfolio in affordable and mid- income housing • Produ
Slide 4: Capital Efficient Business Model
Capital Efficient Business Model Asset Light Model Low-Cost Land • Continuing to enter into JD, JV or DM • Acquire lands on outright basis at low- arrangement in Mid-income segment cost for affordable housing • Targeting redevelopment opportunities • Reaching out landowners directly rather primarily
Slide 5: Key Highlights for FY23
KEY HIGHLIGHTS FOR FY23 4
Slide 6: CMD's Message
CMD’S MESSAGE We are glad to report the highest annual revenue of INR 392 Crs, 18% CAGR in last 3 years and the highest Operating Profit till date of INR80 Crs, again a CAGR of 19% during the same period. Our Blended margins currently are around 18% which includes older projects having a margin of ~
Slide 7: Operational Highlights
OPERATIONAL HIGHLIGHTS FY23 Q4-FY23 Units Sold Area Sold Value of sales Collection Units Sold Area Sold Value of sales Collection (1552) (12.59 L Sft) (INR 773.11 CR) (INR 483.28 CR) (650) (5.36 L Sft) (INR 337.51 CR) (INR 108.41 CR) Business Development 29.0% In the current Financial Year the compa
Slide 8: New Launch – Q4 FY23
NEW LAUNCH – Q4 FY23 The Company has launched a new tower named “Galenia” in the existing project “Arihant Aspire” which is a lifestyle project in March-23 in the affordable housing segment in Panvel, one of the fastest growing micro markets in MMR. The tower shall comprise of 43 storey with ~3.74 l
Slide 9: FY23 at a Glance
FY23 AT A GLANCE Units Sold (No.) Area Sold (Lakh Sft) Value of Sales (INR Cr) 1,628 1552 13.8 764.0 773.1 12.6 934 8.7 400.3 710 6.3 264.8 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Total Revenue (INR Cr) EBITDA (INR Cr) PAT (INR Cr) 41.4 42.6 79.8 391.7 71.3 332.5 272.3 47.6 50.2
Slide 10: Results – FY23
RESULTS – FY23 (INR Cr) FY23 FY22 Y-o-Y Change (%) Total Income 391.73 332.54 17.8% Total Operating Expenses 311.90 261.27 19.4% EBITDA 79.83 71.27 12.0% EBITDA Margin (%) 20.38% 21.43% EBIT 67.77 52.70 28.6% EBIT Margin (%) 20.81% 20.17% 3.2% Profit / (Loss) after tax 42.68 41.39 3.1% PAT Margin (%
Slide 11: Key Numbers
KEY NUMBERS Sales Total Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Sales Total Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Arihant Arihant Superstructures 74.83 28.74 21.82 15.89 8.38 Superstructures 158.29 30.20 45.75 66.45 15.89 Limited Limited Arihant Vatika Arihant Vatika Realty Private 103.89 17.61 23.08 38.83 24.37
Slide 12: Debt & Return Ratios
DEBT & RETURN RATIOS Entity Debt attributable as Return Ratios Entity Debt % holding per % holding (INR Cr) (INR Cr) ROE ROCE ASL 97.77 100% 97.77 26.0% 17.6% Arihant Vatika 0.92 60% 0.55 16.2% 10.9% 11.0% 14.6% Arihant Aashiyana 79.15 60% 47.49 8.4% Arihant Abode 184.32 60% 110.59 4.5% FY20 FY21 FY
Slide 13: Consolidated Income Statement
CONSOLIDATED INCOME STATEMENT Particulars (INR Cr) FY20 FY21 FY22 FY23 Total Revenue 237.6 272.3 332.5 391.7 Cost of Construction, Land & Development 119.2 149.2 289.1 281.6 Changes in Inventories 33.6 33.4 (92.3) (36.8) Employee Benefits Expense 12.1 11.9 16.4 19.4 Other Expenses 25.1 27.6 48 47.7
Slide 14: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET Equity and Liabilities (INR Cr) FY20 FY21 FY22 FY23 Share Capital 41.2 41.2 41.2 41.2 Reserves and Surplus 85.6 97.5 137.3 168.6 Non-Controlling Interest 20.0 24.6 24.6 35.9 Total Equity 146.8 163.3 203.0 245.6 Long Term Borrowings 316.9 249.9 175.2 310.9 Short Term Borrow
Slide 15: Launch Pipeline
LAUNCH PIPELINE Est. Revenue No. of Project Location Category Timeline Area (Sft) potential Units (INR Cr) Anmol Badlapur Affordable Q1- FY24 178 129,084 52 Aaradhya Kalyan Affordable Q1 - FY24 192 169,008 81 Aspire Panvel Mid-Income Q2 - FY24 320 313,600 210 Aakarshan Taloja Affordable Q3 - FY24 43
Slide 16: Consistent Pace of Delivery
CONSISTENT PACE OF DELIVERY We move forward with a strong belief that timely delivery with superior quality will be the key differentiator in the future Consistently delivered 700-900 units year on year since past many years and working towards improving the pace While most projects were in under co
Slide 17: Board of Directors
BOARD OF DIRECTORS Executive Directors Ashok Chhajer Nimish Shah Parth Chhajer Chairman & Managing Director Whole-Time Director Whole-Time Director ● Over 2 decades in the real estate business ● A civil engineer with over 19 years experience in ● Worked briefly with the leading capital markets ● Pri
Slide 18: Management Team
MANAGEMENT TEAM Dhiraj Jopat Bavik Chhajer Darshni Lakhani Chief Financial Officer Head Business Operations & HR Company Secretary ● Qualified Professional with over twenty-seven ● He is a Bachelor of Science (Business) from ● CS Darshni H. Lakhani is an Associate Member years of experience. Indiana
Slide 19: Awards & Recognitions
AWARDS & RECOGNITIONS 2021-2023 2017-2020 Zee Business Iconic Award IGBC Pre-certified Affordable Housing Excellence in Marksman Award – Developer by Radio City Project of the Year Daily Most Platinum Rating Modern- Edge of the for Arihant for Aspire project for Arihant Arshiya Preferred Year( Affor
Slide 20: ESG
ESG ASL engages in sustainable development of Environment, Society and Governance Environment Social Governance • Most of our developments have sewage treatment plants, • The Board inculcates culture of • Social development by supporting rainwater harvesting, solar power accountability, transparency
Slide 21: Capital Market Data
CAPITAL MARKET DATA BSE Scrip Code 506194 Shareholding Pattern NSE Trading Symbol ARIHANTSUP As on 31st March, 2023 Public 23.21% Bloomberg Code ARSU:IN FIs/Banks/FP GICS Sector Real Estate Is 2.08% Market Cap as on INR 861.27 Cr 22.05.2023 52 Week High INR 259.00 Promoters 74.71% 52 Week Low INR 10
Slide 22: Project Portfolio
PROJECT PORTFOLIO 21
Slide 23: Snapshot
SNAPSHOT Total Estimated Receivables of ~INR 7,662 Cr Completed Projects Ongoing Projects Forthcoming Projects • 97% sales booking achieved • ~4.97 mn Sft area under • Development Potential of ~9.89 for the completed projects development for the ongoing mn Sft in pipeline for coming projects years •
Slide 24: Portfolio Mix
PORTFOLIO MIX Category-wise portfolio mix High Income Group (> INR 10,000/Sq. Ft.) 2.26% Diversified portfolio mix with focus on affordable and mid income housing Affordable (< INR 5,000/Sq. Ft.) 53.81% Mid Income Group (INR Area-wise Portfolio Mix 5,000-10,000/Sq. Ft.) Kharghar / Taloja 43.93% Jodh
Slide 25: Completed & Ongoing Projects
COMPLETED & ONGOING PROJECTS Balance Total Area Balance Economic Total units Units Booked MMR Projects Location Inventory in Saleable Booked Inventory in Interest of (No.) (No.) Units (No.) Area (Sft) (Sft) Area (Sft) ASL Completed Projects Total MMR 3530 3460 70 25,34,751 24,88,045 46,706 ~80% Ongo
Slide 26: Forthcoming Projects
FORTHCOMING PROJECTS MMR Projects Location Total units (No.) Total Saleable Area (Sft) Economic Interest of ASL Amisha Taloja 274 220,514 60% Arshiya Khopoli 1,135 856,669 100% Aspire Panvel 1,230 15,36,327 60% Aakarshan Taloja 1928 1256240 100% Aaradhya Kalyan Annexe 770 606,978 100% Anmol Badlapur
Slide 27: Cash Flow Status & Potential - Ongoing
CASH FLOW STATUS & POTENTIAL - ONGOING Balance Revenue Balance Revenue to be Balance Sale Value of Amount potential of Total Est. Revenue Receivables Recognized Potential Economic MMR Projects Booked Area Received (INR Balance Receivables(INR Recognized from Booked from Booked Revenue Interest of AS
Slide 28: Cash Flow Potential - Forthcoming
CASH FLOW POTENTIAL - FORTHCOMING Revenue potential of Economic Interest of Project Location Category Balance Inventory ASL (INR Cr) Amisha Taloja Affordable 87 60% Arshiya Khopoli Affordable 300 100% Aspire Panvel Mid-Income 1,244 60% Aakarshan Taloja Affordable 653 100% Aaradhya Kalyan Annexe Affo
Slide 29: Project Updates
PROJECT UPDATES 28
Slide 30: Geographical Spread – MMR
GEOGRAPHICAL SPREAD – MMR Completion Area Sold # Project Name Location 16 Projects Status (%) (MMR) 1 Arihant Aarohi Shilphata 74% 73% 2 Arihant Aspire Ph 1 Panvel 66% 74% 3 Arihant Aalishan Ph 1 Kharghar 67% 82% Shilphata 4 Arihant Aalishan Ph 2 Kharghar 11% 26% Titwala 5 Arihant Aloki Karjat 62% 5
Slide 31: Geographical Spread – Jodhpur
GEOGRAPHICAL SPREAD – JODHPUR 3 Projects (Jodhpur) Completion # Project Name Location Area Sold (%) Status 1 Adita Pal Gangana Road 100% 47% Jodhpur 2 Aanchal Dali Bai Circle 99% 83% 3 Ashray Dali Bai Circle - - Dali Bai Circle Pal Gangana Road 30
Slide 32: Project Update
PROJECT UPDATE ARIHANT ASPIRE ARIHANT 4ANAIKA ARIHANT AAROHI (PANVEL) (TALOJA) (SHILPHATA) * Elevation image is an Artist’s impressions for representational purposes only 31
Slide 33: Project Update
PROJECT UPDATE ARIHANT AALISHAN ARIHANT ALOKI ARIHANT ANMOL (KHARGHAR) (KARJAT) (BADLAPUR) * Elevation image is an Artist’s impressions for representational purposes only 32
Slide 34: Project Update
PROJECT UPDATE ARIHANT ADVIKA ARIHANT 5ANAIKA ARIHANT AMISHA (VASHI) (TALOJA) (TALOJA) * Elevation image is an Artist’s impressions for representational purposes only 33
Slide 35: Project Update
PROJECT UPDATE ARIHANT AYAN ARIHANT AARADHYA (TITWALA) (KALYAN) * Elevation image is an Artist’s impressions for representational purposes only 34
Slide 36: Project Update
PROJECT UPDATE ARIHANT ADITA ARIHANT ANCHAL (JODHPUR) (JODHPUR) * Elevation image is an Artist’s impressions for representational purposes only 35
Slide 37: Disclaimer
DISCLAIMER This presentation has been prepared by Arihant Superstructures Limited (the “Company” or “ASL”) together with its Subsidiaries (collectively, the “Arihant Group”) for general information purposes only, without regard to any specific objectives, suitability, financial situations and needs
Slide 38: Thank you!
Thank you! For further Information please contact our Investor Relations representatives: Anuj Sonpal Founder & CEO Valorem Advisors T: +91-22-49039500 E: arihant @valoremadvisors.com 37