Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Investor Presentation (July 2015)
29 slides from Ashiana Housing's investor presentation, July 2015
Slide 1: Corporate Presentation
Corporate Presentation July, 2015 BSE: 523716 | NSE: ASHIANA | Bloomberg: ASFI:IN| Reuters: AHFN.NS www.ashianahousing.com © 2014, Ashiana Housing Limited. All Rights Reserved.
Slide 2: Contents
Contents 01 Company Overview 02 Operational Overview 03 Projects 04 Financial Overview
Slide 3: Company Overview
Company Overview 01 Company Overview Executive Summary Milestones Promoters Strengths
Slide 4: Executive Summary
Executive Summary Incorporation / 1979 in Patna, New Delhi Headquarters Industry Real Estate with focus on residential apartments Business Segments Comfort Homes & Senior Living Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, Sohna Areas of Operation (Gurgaon), Lavasa, Halol, Chennai and Kolkata (co
Slide 5: Milestones
Milestones 1979 1998 2011 • Established in Patna. First • First organized developer in • Launched Utsav Care Homes organized developer in Patna. Neemrana (Assisted Senior Living) • Listed on NSE 1985 2004 • Started operations in • Launched Senior Living project Jamshedpur. at Bhiwadi 2012 • 10 milli
Slide 6: Promoters
Promoters Vishal Gupta (Managing Director) A graduate from Sydenham College (Mumbai) and an MBA from FORE School of Management (Delhi), he is acknowledged for his in depth understanding of the real estate business, customer psychology and market behavior. He is associated with Ashiana for the last 2
Slide 7: Strengths
Strengths • Timely delivery Execution • In-house construction – Ensure high control over cost and quality and flexibility in execution • Negligible Debt (Cash & Cash equivalent way higher than debt) Strong Balance • Raised capital of Rs. 200 Cr to pursue growth opportunities, further Sheet strengthe
Slide 8: Operational Overview
Operational Overview 02 Operational Overview Highlights FY15 Key Metrics Projects
Slide 9: Operational Highlights (FY 2014-15)
Operational Highlights (FY 2014-15) Area Constructed increased to 22.80 lsf from 17.87 lsf . Growth of 23 %YoY Booking area decreased to 18.12 lsf from 22.13 lsf. Declined by 18 % YoY. The market have been sluggish and continue to remain so. Signed JDA with Escapade Real Estate (P) Ltd. with saleabl
Slide 10: Key Metrics
Key Metrics In Lakhs Sq Ft In Lakhs Sq Ft 25 22.80 25 22.13 20 17.87 18.65 20 17.83 18.12 14.62 15 12.27 13.5 10.74 15 10 10 5 5 0 0 10-11 11-12 12-13 13-14 14-15 10-11 11-12 12-13 13-14 14-15 Equivalent Area Constructed Area Booked Rs Per Sq Ft In Rs Crores 3,500 700 648 2,926 3,022 3,000 2,699 600
Slide 11: Saleable Area of Ongoing Projects
Saleable Area of Ongoing Projects Bhiwadi Jodhpur Lavasa Neemrana 3% 7% 7% 30% • Target market is middle income Jamshedpur group in towns and cities with 7% population of more than 10 lakhs and in upcoming industrial areas • People over 55 years of age in middle income cities who are in Jaipur 39% m
Slide 12: Projects
Projects 03 Projects Ongoing Projects Future Projects Key KPIs and Guidance
Slide 13: Ongoing Projects
Ongoing Projects Area Economic Project Saleable Project Name Location Booked Expected Completion Time Interest Type Area (lsf) (lsf) Ashiana Town Beta Comfort Phase 1 & 2 in FY16 and Phase 3 in Bhiwadi 100% 15.63 9.38 (Phase 1,2,3) Homes FY17 Ashiana Surbhi Comfort Bhiwadi 100% 2.80 1.95 Phase 1 in
Slide 14: Ongoing Projects
Ongoing Projects Saleable Area Economic Project Name Location Project Type Area Booked Expected Completion Time Interest (lsf) (lsf) Ashiana Umang Comfort Jaipur 100% 4.01 3.41 Phase 1 in FY17 (Phase 1) Homes Ashiana Dwarka 75% of Area Comfort Jodhpur 1.84 0.92 Phase 1 FY16 (Phase 1) Share Homes Ash
Slide 15: Key Project Details – Ashiana Town
Key Project Details – Ashiana Town Projects i. Ashiana Town Beta ii. Ashiana Town Gamma iii. Ashiana Nirmay (Senior Living) Location Bhiwadi Phases 9-10 Project Type Comfort Homes/Senior Living Area Launched 16.77 lakh sq. ft. Saleable Area 41.94 lakh sq. ft Area Booked 9.61 lakh sq. ft. Ashiana Tow
Slide 16: Key Project Details – Vrinda Garden
Key Project Details – Vrinda Garden Comfort Homes (Stilt + 12 floors Location Jaipur Project Type with 2/3 BHK units) Area Launched 7.69 Lakh sq. ft. Saleable Area 14.82 lakh sq. ft Economic Interest 50% of profit share Area Booked 3.21 Lakh sq. ft. Phase 1 in FY17 Phases 4 Expected Completion Date
Slide 17: Key Project Details – Ashiana Umang
Key Project Details – Ashiana Umang Particulars Project Ashiana Umang Location Jaipur Comfort Homes (Stilt + 12 floors with 2/3 Project Type BHK units) Saleable Area 12.42 lakh sq. ft 8.03 lakh sq. ft Area Launched Area Booked 4.96 lakh sq. ft. Phases 3 Expected FY 17 (Phase-I) Completion date Launc
Slide 18: Future Projects
Future Projects Project Saleable Area Project Name Economic Interest Project Type Location Area (lsf) Booked (lsf) Ashiana Nirmay (Phase 1,2,3) Bhiwadi 100% Senior Living 7.86 0.23 Ashiana Surbhi (Phase 2) Bhiwadi 100% Comfort Homes 1.87 0.62 Gulmohar Gardens (Phase 4) Jaipur 50% of Profit Share Com
Slide 19: Future Projects
Future Projects Project Saleable Area Project Name Economic Interest Project Type Location Area (lsf) Booked (lsf) Gulmohar Gardens (Studio Jaipur 50% of Profit Share Comfort Homes 0.54 0.26 Apartments Jaipur 50% of Profit Share Gulmohar Garden Plaza Commercial 0.11 0.00 Ashiana Aangan Neemrana Plaz
Slide 20: Land available for Future Development
Land available for Future Development Estimated Saleable Land Name and Location Land Area (Acres) Proposed Development Area (lsf) Kolkata Land 10.13 7.50 Senior Living Milakpur Land*, Bhiwadi 40.63 31.00 Comfort Homes/ Senior Living Comfort Homes Land near ICD, Bhiwadi 13.5 10.00 Total 64.26 48.50 *
Slide 21: Key KPI and Guidance for FY16
Key KPI and Guidance for FY16 30 25 20 In Lac Sq ft 15 10 5 0 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 FY 15-16 (E) Area Booked 7 14 18 19 22 18 22 EAC 10 11 15 12 18 23 25
Slide 22: Financial overview
Financial overview 04 Financials Financial Highlights Balance Sheet Income Statement Ongoing Projects Cash Flows
Slide 23: Consolidated Financial Highlights (FY 2014-15)
Consolidated Financial Highlights (FY 2014-15) Sales and Other Income increased to Rs.16,444 lakhs from Rs.12,280 lakhs. Growth of 34 % YoY PAT increased to Rs. 4,649 lakhs from Rs.2,186 lakhs . Growth of 113 % YoY Pre-tax operating cash flows decreased to Rs. 7,258 lakhs from Rs. 12,590 lakhs. Decl
Slide 24: Balance Sheet
Balance Sheet Particulars (Rs. Crore) 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 Share Capital 18.1 18.6 18.6 18.6 18.6 20.5 Reserve & Surplus 111.7 156.4 221.0 249.5 265.9 502.3 Net Worth 129.8 175.0 239.6 268.1 284.5 522.8 Long Term Debt 7.8 0.3 10.6 11.1 9.1 33.0 Gross Fixed Assets 34.3 48.1
Slide 25: Statement of Operating Results
Statement of Operating Results Particulars Area Sales Cost of Good Gross Profit Amount (‘ recognized as (‘ in Rs. Sold (‘ in Rs. (GP) in Rs. Sales (in lakhs Lakhs) Lakhs) (‘ in Rs. Lakhs) Lakhs) sq. ft.) Revenue from Real Estate and Support Operations Completed Projects 1.85 6,007 4,226 1,781 Other
Slide 26: Income Statement
Income Statement 3000 2500 2000 In Rs Mn 1500 1000 500 0 FY 09-10 FY 10-11 FY 11-12 FY 12-13 FY 13-14 FY 14-15 Revenue 1210 1543 2490 1614 1228 1644 EBITDA 469 585 897 477 318 590 PAT 368 439 696 332 219 465
Slide 27: Ongoing Projects
Ongoing Projects Particulars Saleable Area Value of Amount Equivalent Area Booked Area Received Area (lakhs (lakhs Booked (` in (` in Constructed sq. ft.) sq. ft.) Rs. Rs. (lakhs Lakhs) Lakhs) sq. ft.) Ashiana Housing Limited 41.36 26.61 75,343 48,406 20.28 (See Note-1) Partnership 19.98 12.67 37,35
Slide 28: Accolades
Accolades Q@sshiens you are in safe hands Awards & Recognitions These awards are a great acknowledgment of our work. However, our greater acheivement comes from a smile of satisfaction on our customer faces Corporate Awards 2ZOLS CNBC Awaaz felicitated Ashiana with THE MOST PROMISING COMPANY OF THE
Slide 29: Contact Information
Contact Information For Any Queries, Contact Bhuban Rawat Ashiana Housing E: bhuban.rawat@ashianahousing.com T: +91 11 4265 4265