Arvind Smartspaces Ltd. · NSE:ARVSMART
Arvind Smartspaces — Q3 FY24 Earnings Presentation
87 slides from Arvind Smartspaces's earnings presentation, February 2024
Slide 1: Information Update Q3 & 9M FY24
INFORMATION UPDATE Q3 & 9M FY24 FEBRUARY 2024 Information Update I Q3 & 9M FY24 I 1 www.arvindsmartspaces.com
Slide 2: Q3 & 9M FY24 Performance
Q3 & 9M FY24 PERFORMANCE ▪ OPERATIONAL HIGHLIGHTS ▪ FINANCIAL HIGHLIGHTS Information Update I Q3 & 9M FY24 I 2
Slide 3: Key Updates: Q3 & 9M FY24
QUARTER HIGHLIGHTS KEY UPDATES: Q3 & 9M FY24 Q3 & 9M FY24 HIGHLIGHTS – SALES & COLLECTIONS Q3 & 9M FY24 HIGHLIGHTS - OPERATIONS ▪ Entered Surat with a ~Rs. 1,100* crore horizontal multi-asset township project ▪ Best ever 9M performance - 9M Sales Value of Rs. 784 crore; YoY growth of 41% ▪ The proje
Slide 4: Bookings: Q3 FY24
OPERATIONAL HIGHLIGHTS BOOKINGS: Q3 FY24 (In ₹ Cr.) 369 280 250 244 250 189 158 150 135 118 PY CY Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q3FY23 Q3FY24 Growth (YoY) ₹250 Cr ₹280 Cr 12% Information Update I Q3 & 9M FY24 I 4
Slide 5: Bookings: Project-wise
OPERATIONAL HIGHLIGHTS BOOKINGS: PROJECT-WISE Q3 FY23 Q3 FY24 FY23 FY24 City Project wise City Project wise Rs. Cr Rs. Cr Rs. Cr Rs. Cr Aavishkaar 6 1 Ahmedabad Aavishkaar 9 10 Forreste (I to V) 7 5 Forreste (I to V) 20 26 Fruits of Life (5) 0 Fruits of Life 85 42 Ahmedabad High Grove / CW 25 4 High
Slide 6: Forest Trails Phase 1, Sarjapura, Bangalore
NEWLY LAUNCHED FOREST TRAILS PHASE 1, SARJAPURA, BANGALORE (LAUNCHED IN Q3) SARJAPURA ROAD, RESIDENTIAL VILLA 15.6 Acres 0.8 Mn Sq ft 550 Cr 65% PROJECT REVENUE SHARE LAND AREA SALEABLE AREA TOPLINE Launched during Q3 and achieved sales of Rs. 154 Cr, which is 30% of the launched inventory. The firs
Slide 7: Uplands 2.0 & 3.0 Phase 2, South Ahmedabad
PROJECTS IN PINELINE UPLANDS 2.0 & 3.0 PHASE 2, SOUTH AHMEDABAD (LAUNCHED IN Q3) Ahmedabad, HORIZONTAL ~2.8 Mn Sq ft 325 Cr 55% MULTIUSE TOWNSHIP 64 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE Following the remarkable response to Phase 1 in Q2, swiftly launched Phase 2
Slide 8: Arvind Orchards Phase 1, Bangalore
NEWLY LAUNCHED ARVIND ORCHARDS PHASE 1, BANGALORE (PRE LAUNCHED) DODDABALLAPURA HDFC PLATFORM-2 ARVIND’s INVST ROAD, PLOTTED 0.6 Mn Sq ft 220 Cr DEVELOPMENT 26 Acres INDICATIVE INDICATIVE LAND AREA PROJECT SALEABLE AREA TOPLINE 33% Arvind Orchards, a one-of-its-kind orchard-themed plotting developme
Slide 9: Unrecognized Revenue as on 31 Dec 23
OPERATIONAL HIGHLIGHTS UNRECOGNIZED REVENUE – AS ON 31 DEC 23 UNRECOGNIZED REVENUE (In ₹ Cr.) 2044 Dec 31, 2023 1506 1397 ₹2,044 Cr 1035 1005 Dec 31, 2022 ₹1,397 Cr As on 31 Dec 21 As on 31 Mar 22 As on 31 Dec 22 As on 31 Mar23 As on 31 Dec 23 Information Update I Q3 & 9M FY24 I 9
Slide 10: Collections: Q3FY24
OPERATIONAL HIGHLIGHTS COLLECTIONS : Q3FY24 (In ₹ Cr.) Q3FY24 263 ₹194Cr 204 188 194 167 160 167 16% 154 Growth 133 (YoY) 113 Q3FY23 ₹ 167 Cr Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 PY CY Information Update I Q3 & 9M FY24 I 10
Slide 11: Net Debt Movement: Q3FY24
OPERATIONAL HIGHLIGHTS NET DEBT MOVEMENT: Q3FY24 BORROWING COST MOVEMENT (In %) NET DEBT: INCREASES (In ₹ Cr.) Mar 31, 2023 Jun 30, 2023 Sep 30, 2023 Dec 31, 2023 11.5 10.9 10.4 -30 -38 9.5 -87 CY PY -141 Mar 31, 2022 Mar 31, 2023 Dec 31, 2022 Dec 31, 2023 Net Interest-bearing funds as on Dec 31, 20
Slide 12: P&L: Q3FY24
FINANCIAL HIGHLIGHTS P&L: Q3FY24 CONSOLIDATED FINANCIALS SUMMARY REVENUE FROM OPERATIONS (In ₹ Cr.) *ADJUSTED EBITDA (In ₹ Cr.) PAT (In ₹ Cr.) 25% 25% EBITD PAT Margin Margin (%) (%) Revenue EBITDA PAT 11% 8% 53 84 13.0 20.9 4.2 9.4 Q3FY23 Q3FY24 Q3 FY23 Q3 FY24 Q3 FY23 Q3 FY24 Q3FY23 Q3FY24 Growth
Slide 13: P&L: 9MFY24
FINANCIAL HIGHLIGHTS P&L: 9MFY24 CONSOLIDATED FINANCIALS SUMMARY REVENUE FROM OPERATIONS (In ₹ Cr.) *ADJUSTED EBITDA (In ₹ Cr.) PAT (In ₹ Cr.) 26% EBITD PAT Margin (%) 21% Margin (%) Revenue EBITDA PAT 12% 10% 163 224 33.9 57.0 16.3 25.9 9M FY23 9M FY24 9M FY23 9M FY24 9M FY23 9M FY24 9MFY23 9MFY24
Slide 14: Q3FY24 Synopsis
FINANCIAL HIGHLIGHTS Q3FY24 SYNOPSIS Amount Revenue Area Booked Units Booked Sales Value Projects Collected Q3 Recognized Q3 City Q3 FY24 Q3 FY24 for Q3 FY24 FY24 FY24 (sq ft.) (nos.) (Rs. Cr) (Rs. Cr) (Rs. Cr) Aavishkaar 1,898 2 1 6 7 Chirping Woods 24,184 3 4 5 - Forreste 5^ 20,280 2 5 4 1 Forrest
Slide 15: 9MFY24 Synopsis
FINANCIAL HIGHLIGHTS 9MFY24 SYNOPSIS Booking Amount Area Booked Units Booked Revenue Projects Value for Collected City FY24 FY24 Recognized FY24 FY24 FY24 (sq ft.) (nos.) (Rs. Cr) (Rs. Cr) (Rs. Cr) Aavishkaar 26,303 29 10 24 33 Chirping Woods 2,38,230 38 36 27 - Forreste 5^ 1,16,976 14 27 22 2 Forre
Slide 16: Debt Profile as on Dec 31, 2023
FINANCIAL HIGHLIGHTS DEBT PROFILE – AS ON DEC 31, 2023 Amount in ₹ Cr. 31-Mar-2023 30-Sep-2023 31-Dec-2023 Gross Debt* 53 13 63 Net Interest-bearing (30) (141) (38) funds Net Interest-bearing (0.07) (0.30) (0.08) funds to Equity Information Update I Q3 & 9M FY24 I 16
Slide 17: Consolidated Cashflows Q3FY24
FINANCIAL HIGHLIGHTS CONSOLIDATED CASHFLOWS – Q3FY24 Particulars (Rs in Crs) FY23 Q1 FY24 Q2 FY24 Q3 FY23 YTD DEC23 Opening Balance 5 27 6 26 27 STRONG OCF TREND: (In ₹ Cr.) Operating activities Collections 600 204 263 194 661 Construction cost and other overheads (260) (58) (68) (80) (205) Taxes (2
Slide 18: Project Portfolio
PROJECT PORTFOLIO ▪ COMPLETED PROJECTS ▪ PROJECTS UNDER EXECUTION ▪ PROJECTS IN PIPELINE ▪ SYNOPSIS Information Update I Q2 Q3 & H1 9MFY24 FY24II 18
Slide 19: Project Portfolio - Completed
COMPLETED PROJECTS PROJECT PORTFOLIO - COMPLETED Total Unsold Booking Revenue Average Price Booked ^Collections State Project Saleable Inventory Value Recognized (Price till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Aavishkaar 5,45,468 4,11,121 1,34,347 115 103 108 2,807 Alcove 10,32
Slide 20: Project Portfolio - Ongoing
COMPLETED PROJECTS PROJECT PORTFOLIO - ONGOING Total Unsold Booking Revenue Average Price Booked ^Collections State Project Saleable Inventory Value Recognized (Price till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Chirping Woods 13,39,092 11,00,813 2,38,279 130 - 91 1,179 Forreste I
Slide 21: North Bangalore (Under Approval)
PROJECTS IN PINELINE NORTH BANGALORE (UNDER APPROVAL) NEAR IVC ROAD, PLOTTED 0.45 Mn Sq ft 180 Cr 100% Owned DEVELOPMENT 20 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT This project is adjacent to the first project in Devanahalli and the 19 acres is fully owned by the Company
Slide 22: Arvind Greatlands - Remaining Phase, Bangalore
PROJECTS IN PINELINE ARVIND GREATLANDS – REMAINING PHASE, BANGALORE (UNDER APPROVAL) DEVANAHALLI, PLOTTED 0.2 Mn Sq ft 65 Cr 100% Owned DEVELOPMENT 7 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT The first and second phase of this project with a total saleable area of ~0.95 mil
Slide 23: Arvind Orchards Phase 2, Bangalore
PROJECTS IN PINELINE ARVIND ORCHARDS PHASE 2, BANGALORE (UNDER APPROVAL) DODDABALLAPURA HDFC PLATFORM-2 ARVIND’s INVST ROAD, PLOTTED 20.5 Acres ~0.5 Mn Sq ft 215 Cr DEVELOPMENT PROJECT LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% This would be ASL’s 9th project and second plotted develo
Slide 24: Uplands 2.0 & 3.0 Phase 3, South Ahmedabad
PROJECTS IN PINELINE UPLANDS 2.0 & 3.0 PHASE 3, SOUTH AHMEDABAD (UNDER APPROVAL) Ahmedabad, HORIZONTAL ~2.1 Mn Sq ft 200 Cr 55% MULTIUSE TOWNSHIP 50 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a mult
Slide 25: South Ahmedabad (Under Planning)
PROJECTS IN PINELINE SOUTH AHMEDABAD, AHMEDABAD (UNDER PLANNING) Ahmedabad, PLOTTED DEVELOPMENT ~2.5 Mn Sq ft 150 Cr 100% Owned PROJECT 84 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE Commenced a large aggregation in South Ahmedabad of which 84 acres has been completed till date. This
Slide 26: NH 47, South Ahmedabad
PROJECTS IN PINELINE NH 47, SOUTH AHMEDABAD (UNDER PLANNING) Ahmedabad, HORIZONTAL ~20 Mn Sq ft 1,450 Cr 50% MULTIUSE TOWNSHIP 500 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a multi-asset golf theme
Slide 27: Moti Bhoyan, Ahmedabad
PROJECTS IN PINELINE MOTI BHOYAN, AHMEDABAD (UNDER PLANNING) Ahmedabad, DEVELOPMENT 16 Acres ~0.7 Mn Sq ft 116 Cr 10% MANAGEMENT LAND AREA INDICATIVE INDICATIVE Revenue Share PROJECT SALEABLE AREA TOPLINE Executed an agreement with subsidiary of Arvind Ltd under the Development Management (DM) model
Slide 28: Bannerghatta Road, Bengaluru
PROJECTS IN PINELINE BANNERGHATTA ROAD, BENGALURU (UNDER PLANNING) HIGH RISE HDFC PLATFORM-2 PROJECT ARVIND’s INVST 4.3 Acres 0.46 Mn Sq ft 400 Cr LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% The project is acquired on an outright basis under the HDFC Platform 2. This would be ASL’s 11t
Slide 29: NH 48, Surat
PROJECTS IN PINELINE NH 48, SURAT (UNDER PLANNING) Ahmedabad, PLOTTED DEVELOPMENT ~13 Mn Sq ft 1,100 Cr 55% PROJECT 300 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in North Surat envisaged to be a multi-asset golf themed landmark town
Slide 30: Laxmanpura, West Ahmedabad
PROJECTS IN PINELINE LAXMANPURA, WEST AHMEDABAD (UNDER PLANNING) Ahmedabad, HORIZONTAL ~1.8 Mn Sq ft 250 Cr 100% MULTIUSE TOWNSHIP 40 Acres INDICATIVE INDICATIVE OWNED LAND AREA SALEABLE AREA TOPLINE The project is acquired on an outright basis. This project is located in Laxmanpura, Ahmedabad and w
Slide 31: Project Portfolio
PROJECT PORTFOLIO PROJECT PORTFOLIO Saleable Status City Project Type Structure Economic Interest Estimated Completion Date Sq Ft A. Completed Gujarat Summary of all completed projects Complete 32,38,724 Karnataka Summary of all completed projects Complete 17,05,134 B. Ongoing Gujarat Chirping Woods
Slide 32: Estimated Operating Cash Flow
PROJECT PORTFOLIO ESTIMATED OPERATING CASH FLOW Total Est. Booking Estimated Balance Est. Inventory Est. Operating ₹ Cr Booking Value till Value of Receivables Cost to be + Receivables Cashflow Value date Inventory Incurred* Gujarat Completed 584 514 69 8 77 1 76 Ongoing 2,826 2,131 695 715 1,410 1,
Slide 33: About the Company
ABOUT THE COMPANY 01 02 03 04 05 06 KEY GEOGRAPHY HDFC ARVIND BRAND GOVERNANCE & MANAGEMENT INFORMATION SPREAD PARTNERSHIP CSR TEAM Information Update I Q3 & 9M FY24 I 33
Slide 34: Overview
KEY INFORMATION OVERVIEW Part of Lalbhai Group with a 120-year legacy - Strong trusted consumer brand Experienced Professional Mgmt. synonymous with robust governance and Success across product segments and geographies in Focused on P&L accretive Business Development creating value accretive busines
Slide 35: The Journey So Far
KEY INFORMATION THE JOURNEY SO FAR 2015 2021 2023 ₹. 900 crore residential 2019 2021 development platform In April 2021, with HDFC Capital Infusion of funds by Commencement of our preferential issue of Advisors with a revenue Promoter and Promoter first project under DM 7.4% equity to MD & potential
Slide 36: Carved Its Niche in Residential Development Projects
KEY INFORMATION CARVED ITS NICHE IN RESIDENTIAL DEVELOPMENT PROJECTS PROJECT CLASSIFICATION (ONGOING AND PLANNED) DEC 2023 RESIDENTIAL HORIZONTAL Built up Homes LUXURY (Villas, Developed Plots) (Villas, Apartments) 14% MID-MARKET 48% Developed Plots with 80% Golf/Club/Resort VERTICAL (Apartments) 81
Slide 37: Listed (2015), Corporate Real Estate Developer Since 2008
KEY INFORMATION LISTED (2015), CORPORATE REAL ESTATE DEVELOPER SINCE 2008 CAPITAL PAYMENTS MULTIPLE LAND SOURCING MODELS Completed Ongoing Planned PROJECT PORTFOLIO (IN MN. SQ.FT.) Dec-23 VALUE SHARE in % VOLUME SHARE in % 4.9 25.1 45.4 75.4 Sep-23 4.9 21.6 33.9 60.4 Jun-23 4.9 17.5 37.6 60.0 Mar-23
Slide 38: Venturing into Newer Geographies in a Phased Manner
GEOGRAPHY SPREAD VENTURING INTO NEWER GEOGRAPHIES IN A PHASED MANNER DIVERSIFIED FROM AHMEDABAD/GANDHINAGAR TO BANGALORE IN THE YEAR 2014 AND TO PUNE IN 2019 Ahmedabad / Gandhinagar / Surat xx%, Bangalore 34% Pune 1% AHMEDABAD / GANDHINAGAR, GUJARAT BANGALORE, KARNATAKA PUNE, MAHARASHTRA SURAT, GUJA
Slide 39: Our Belief in Depth Over Breadth
GEOGRAPHY SPREAD OUR BELIEF IN DEPTH OVER BREADTH KEY DECISION PARAMETERS PARTICULARS BANGALORE AHMEDABAD PUNE REMARKS AHMEDABAD MID INCOME SEGMENT SIZE Strong presence of salaried class High on Luxury and preference MID INCOME SEGMENT GROWTH High influx of salaried workers makes an attractive for h
Slide 40: Strategic Partnership with HDFC Capital Advisors
HDFC PARTNERSHIP STRATEGIC PARTNERSHIP WITH HDFC CAPITAL ADVISORS 2019 2021 2022 QUALITY CAPITAL INVESTOR PEDIGREE BRAND ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q3 & 9M FY24 I 40
Slide 41: Strong Brand Recall: Arvind Synonymous with Values and Repute
BRAND STRONG BRAND RECALL ‘ARVIND’ SYNONYMOUS WITH VALUES AND REPUTE SmartSpaces is part of Gujarat based Lalbhai Group with a 120 year legacy that presides over a wide portfolio of businesses viz. Textiles and clothing, Branded Apparels, Technical textiles, Water stewardship, Omni channel, Telecomm
Slide 42: Strong Governance & CSR Initiatives
BOARD STRONG GOVERNANCE & CSR INITIATIVES Mr. Sanjay S. Mr. Kulin S. Mr. Kamal Mr. Pratul Lalbhai Lalbhai Singal Shroff Chairman & Vice Chairman Managing Director Independent Non-Executive & CEO Director Mr. Vipul Mr. Prem Ms. Pallavi Prakash Mr. Nirav Shah Vyas Roongta Pangotra Independent Independ
Slide 43: Led by an Experienced Professional Management Team
LEADERSHIP LED BY AN EXPERIENCED PROFESSIONAL MANAGEMENT TEAM JAGDISH DALAL | AVINASH SURESH | Senior Vice President Chief Operating Officer ▪ Over 30 years of ▪ Overall experience of experience 18 years with Godrej, ▪ Excels in corporate Aditya Birla etc. finance MANOJ CHELLANI | ANKIT JAIN | Chief
Slide 44: 5 Year Performance
5 YEAR PERFORMANCE ▪ OPERATIONAL ▪ FINANCIAL Information Update I Q2 Q3 & H1 9MFY24 FY24II 44
Slide 45: Bookings: FY23
5 Year Performance BOOKINGS: FY23 BOOKINGS: BEST EVER YEAR (In ₹ Cr.) 900 48% CAGR FY18 – FY23 802 800 700 FY23 601 600 529 ₹802 Cr 500 400 33% Growth 300 277 286 (YoY) 200 FY22 113 100 ₹601 Cr 0 FY18 FY19 FY20 FY21 FY22 FY23 Information Update I Q3 & 9M FY24 I 45
Slide 46: Collections: FY23
5 Year Performance COLLECTIONS: FY23 COLLECTIONS: BEST EVER YEAR (In ₹ Cr.) 700 35% CAGR FY18 – FY23 595 600 600 FY23 ₹600 Cr 500 400 326 1% 246 300 Growth 213 (YoY) 200 133 FY22 100 ₹595 Cr 0 FY18 FY19 FY20 FY21 FY22 FY23 Information Update I Q3 & 9M FY24 I 46
Slide 47: Consolidated Financial Performance
5 Year Performance CONSOLIDATED FINANCIAL PERFORMANCE REVENUE (In ₹ Cr.) EBITDA (In ₹ Cr.) 31% 30% 26% 27% 100 35% 299 90 24% 262 257 256 22% 30% 80 198 25% 70 149 60 20% 50 15% 40 30 10% 61 68 89 41 61 57 20 5% 10 0 0% FY18 FY19 FY20 FY21 FY22 FY23 FY18 FY19 FY20 FY21 FY22* FY23* EBITDA Margin (%)
Slide 48: Business Model & Strategic Pillars
BUSINESS MODEL & STRATEGIC PILLARS ▪ FUNDAMENTALS ▪ STRATEGIC PILLARS Information Update I Q2 Q3 & H1 9MFY24 FY24 I 48
Slide 49: Key Business Fundamentals
BUSINESS FUNDAMENTALS KEY BUSINESS FUNDAMENTALS LEAN ORGANISATION ▪ Low fixed cost: Centralized key functions ▪ Small team comprising key skill sets: Total on-roll strength of ~289 (March 2023) FOCUS ON LOW OPERATING LEVERAGE AND OUTSOURCING ▪ High reliance on outsourcing of noncore activities and e
Slide 50: Strategic Pillars
STRATEGIC PILLARS STRATEGIC PILLARS Asset light Customer Centricity Balanced Risk Profile Systems & Processes Innovation Corporate Update Information presentation I Q2 &I H1 OCTOBER FY24 I 2023 I 50
Slide 51: Asset Light
STRATEGIC PILLARS ASSET LIGHT TREAT LAND AS RAW MATERIAL; NO LAND BANKING; PROCESS INDUSTRY APPROACH PARAMETER TRADITIONAL LAND BANKING APPROACH OUR APPROACH Investment class Asset Raw Material Approach Speculative for appreciation Quick turnaround Value Add By Holding By quick conversion into value
Slide 52: Balanced Risk Profile
STRATEGIC PILLARS BALANCED RISK PROFILE FOCUS ON EFFICIENT CASH FLOW MANAGEMENT & LOW LEVERAGE FOCUSED MARKET & GEOGRAPHIC STRATEGY ▪ Target 30-40% sales at pre-launch & launch stages to generate momentum and thereby reduce working capital requirements ▪ Conservative horizontal market expansion ▪ En
Slide 53: Innovation
STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION UPLANDS: EXECUTIVE GOLF COURSE SPORCIA: HOMES AROUND SPORTS SKYLANDS: JOGGING TRACK IN THE SKY EXPANSIA: ALL ABOUT SPACES BELAIR: YOUR CLUB IN THE AIR UPLANDS: INSPIRED BY DISNEY ® Information Update I Q3 & 9M FY24 I 53
Slide 54: Innovation
STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION 3 ACRES OF LILY POND @ HG URBAN FORREST @ FORRESTE INTERNATIONAL CLUB ARCHITECTURE @ HG Forest Sitouts Forest Trail Forest Caves Campfire Point Information Update I Q3 & 9M FY24 I 54
Slide 55: Customer Centricity
STRATEGIC PILLARS CUSTOMER CENTRICITY AIMING FOR DELIGHT AT EVERY TOUCH POINT IN CUSTOMER LIFE CYCLE Customer Centric product offering* Value added Maintenance Services Impeccable record of on-time delivery Customer greetings Customer Portal to enable self services Innovative Pro-Res Services PROJEC
Slide 56: Systems and Processes
STRATEGIC PILLARS SYSTEMS AND PROCESSES DESIGN & DEVELOPMENT PROCESS DEFINED PROJECT ACQUISITION POWERFUL SALES ENGINE & PROCESSES SUPPORTED BY BEST-IN-CLASS PROCESS ▪ Best in class design partners: Woods ▪ System driven sales funnel for enhanced TECHNOLOGY Bagot, HOK, RSP, AAA ▪ Experienced land ac
Slide 57: Looking Ahead
LOOKING AHEAD ▪ DIFFERENTIATING FACTORS ▪ KEY FOCUS AREAS Information Update I Q2 Q3 & H1 9MFY24 FY24 I 57
Slide 58: Our Differentiating Factors in the Real Estate Marketplace
DIFFERENTIATING FACTORS OUR DIFFERENTIATING FACTORS IN THE REAL ESTATE MARKETPLACE EFFICIENT AND COMPETITIVE LAND SUCCESSFUL PARTNERSHIP – LONG ON TIME EXECUTION SOURCING TERM VALUE CREATION ▪ ▪ LEVERAGING BRAND ARVIND EXECUTION EXPERTISE VALUE FOR MONEY ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q3 & 9M FY24
Slide 59: Our Business Strategies to Accelerate Growth
KEY FOCUS AREAS OUR BUSINESS STRATEGIES TO ACCELERATE GROWTH NEAR TERM BUSINESS PLAN Aim to be amongst India’s ▪ Use Balance Sheet headroom and HDFC partnership to significantly grow project pipeline top ten real ▪ Multifold growth in bookings while maintaining profitability estate players ▪ Augment
Slide 60: Awards and Recognition
AWARDS AND RECOG- NITION ▪ AWARDS ▪ ACCOLADES Information Update I Q2 Q3 & H1 9MFY24 FY24 I 60
Slide 61: Awards & Recognitions FY16-23
AWARDS AWARDS & RECOGNITIONS FY16-23 Company & Individual Awards ‘Emerging Developer of the Real Estate Most Enterprising ‘Real Estate Most Enterprising ‘Scroll of Honour’ - 9th Realty ‘Asia’s Greatest Brands 2016’, - ‘Asia’s Greatest Leaders 2016’ - Year - Residential’ – May’15 CEO of the Year’ Feb
Slide 62: Awards & Accolades
ACCOLADES AWARDS & ACCOLADES 9M- FY24 Real Estate and Business Excellence Awards 15th Realty+ Conclave & Excellence Awards, 2023 - Gujarat. Brand of the Year – Real Estate Plotted development of the Year – Residential Property of the Year Arvind Highgrove (Arvind SmartSpaces Limited) (Arvind Bel Air
Slide 63: Annexure: Project Profile in Detail
ANNEXURE: PROJECT PROFILE IN DETAIL ▪ OVERVIEW ▪ PROJECT DETAILS Information Update I Q2 Q3 & H1 9MFY24 FY24II 63
Slide 64: Uplands
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Premium Golf Based Township 189 Villas Phase I, 54 Villas Phase II Overall 56 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q3 & 9M FY24 I 64
Slide 65: Uplands
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Information Update I Q3 & 9M FY24 I 65
Slide 66: Uplands Clubhouse
PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS CLUBHOUSE Information Update I Q3 & 9M FY24 I 66
Slide 67: Skylands
PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS High Rise Residential Apartments 417 Units – 4.9 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q3 & 9M FY24 I 67
Slide 68: Skylands
PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS Information Update I Q3 & 9M FY24 I 68
Slide 69: Aavishkaar
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Affordable Residential Apartments 574 Units – 5.5 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: VITAN (JAGRUT & PARTNERS LLP) AMENITIES Information Update I Q3 & 9M FY24 I 69
Slide 70: Aavishkaar
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Information Update I Q3 & 9M FY24 I 70
Slide 71: Aavishkaar Club House
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q3 & 9M FY24 I 71
Slide 72: Aavishkaar Club House
PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q3 & 9M FY24 I 72
Slide 73: Oasis
PROJECT// TUMKUR ROAD Bangalore OASIS 2 and 3 BHK Residential Apartments 470 units – 5.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q3 & 9M FY24 I 73
Slide 74: Oasis
PROJECT// TUMKUR ROAD Bangalore OASIS Information Update I Q3 & 9M FY24 I 74
Slide 75: Oasis Club House
PROJECT// TUMKUR ROAD Bangalore OASIS CLUB HOUSE Information Update I Q3 & 9M FY24 I 75
Slide 76: Belair
PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR 2, 2.5 &3 BHK Residential Apartments 334 units – 4.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q3 & 9M FY24 I 76
Slide 77: Belair Show Flat
PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR SHOW FLAT Information Update I Q3 & 9M FY24 I 77
Slide 78: Elan
PROJECT// KOTHRUD ROAD, PUNE ELAN High rise Residential Apartments 120 Units – 1.3 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: - A&T CONSULTANTS AMENITIES Information Update I Q3 & 9M FY24 I 78
Slide 79: The Edge
PROJECT// TUMKUR ROAD, Bangalore THE EDGE Commercial & Retail Space 116 Units – 1.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q3 & 9M FY24 I 79
Slide 80: Highgrove Chirping Woods
PROJECT// MOTI DEVTI, SANAND, AHMEDABAD HIGHGROVE CHIRPING WOODS Weekend Homes - Plots ~777 Units Overall 57 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q3 & 9M FY24 I 80
Slide 81: Forreste
PROJECT// RACHARDA KHATRAJ ROAD, AHMEDABAD FORRESTE Premium Land Oriented Villa Scheme 353 Units in Phase 1 to 4, 98 units Phase 5 (Overall ~50 Lakh Sq. Ft.) Deal Structure: DM Architect: In-House & GOMA ENGINEERING AMENITIES Information Update I Q3 & 9M FY24 I 81
Slide 82: Fruits of Life
PROJECT// BAVLU, GHANDINAGAR FRUITS OF LIFE Premium Weekend Villa Plots 245 Units in Phase 1 & 2 (Overall ~17.5 Lakh Sq. Ft.) Deal Structure: Outright Architect: In-House AMENITIES Plots with your own Near Bavlu lake that is full community fruit orchards of native & migratory birds Banquet Hall & Gy
Slide 83: Greatlands
PROJECT// DEVANAHALLI, BANGALORE GREATLANDS Premium Weekend Villa Plots 612 Units in Phase 1 & 2 (Overall ~9.5Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Colliers International AMENITIES Spa, library, and yoga 9 Hole Executive Golf pavilion, State-of-the-art Course clubhouse amidst na
Slide 84: Forest Trails
PROJECT// SARJAPUR, BANGALORE FOREST TRAILS Premium 5BHK Villa 253 Units in Phase 1 (Overall ~8.Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Apurva Amin Associates AMENITIES 1.2-kilometre-long Forest Lily Pond Trail Senior Citizens’ Sit Out Barbeque Station, Gymnasium, swimming clubhou
Slide 85: Arvind Orchards
PROJECT// DODDBALLAPUR, BANGALORE ARVIND ORCHARDS Premium Weekend Villa Plots 330 Units in Phase 1 (Overall ~6.Lakh Sq. Ft.) Deal Structure: HDFC Platform 2 Architect: In House AMENITIES Fruit Orchard Lily Pond Fruit Tree Boulevard Senior Citizens’ Park PET Park Clubhouse, spa Gymnasium, swimming po
Slide 86: Safe Harbor
SAFE HARBOR This presentation has been prepared by Arvind Smart Spaces Limited solely to provide information about the Company. No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of such informatio
Slide 87: Thank You
THANK YOU ARVIND SMARTSPACES LTD (CIN: L45201GJ2008PLC055771) REGISTERED & CORPORATE OFFICE: 24, Govt. Servant’s Society, Adj. Municipal Market, C. G. Road, Ahmedabad- 380 009 Tel: +91 79 68267000 www.arvindsmartspaces.com INVESTOR RELATIONS ANKIT JAIN | CHIEF FINANCIAL OFFICER E: ankit.jain@arvind.