Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q2 FY2011 Earnings Presentation
16 slides from Ashiana Housing's earnings presentation, November 2010
Slide 1: Ashiana Housing Limited: Update for Quarter Ending Sep 30th 2010
Ashiana Housing Limited Update for Quarter Ending Sep 30th 2010 1 Suncity, Jamshedpur
Slide 2: Agenda
Agenda Highlights Ongoing Project Details Financial Summary Future Projects Future Outlook
Slide 3: Highlights (Q2 FY11)
Highlights (Q2 FY11) Ashiana was the only Indian real estate developer to get listed under Forbes’ Asia’s Best Under a Billion 200 list of companies 2010. Area Booked increased by 121% YoY to 3.40 lsf from 1.54 lsf corresponding quarter last year and 4% QoQ from 3.26 lsf in Q1FY11. Sales and Other I
Slide 4: Ongoing Projects
Ongoing Projects Saleable Area Area Launched Area Booked Till Project Name Location Type Expected Completion Time (lsf) (lsf) 30/09/10 (lsf) Handed Over Phase I and about to Group complete handing over of Phase II , Ashiana Aangan Bhiwadi 20.62 16.48 12.05 Housing Phase III will be handed over in CY
Slide 5: Ongoing Projects Cont…
Ongoing Projects Cont… Break up of Saleable Area of Ongoing Projects Geographically Type of Project 10% Bhiwadi 15% 8% Group 7% Jaipur Housing 29% Jamshedpur Retirement 46% Jodhpur 85% Resort Lavasa (Pune)
Slide 6: Ongoing Projects Cont….
Ongoing Projects Cont…. Particulars Q1 FY10 Q2 FY10 Q3 FY10 Q4 FY10 Q1FY11 Q2FY11 Equivalent Area Constructed 2.49 2.34 2.65 2.74 2.39 2.36 (In lsf) Area Booked 1.18 1.54 1.83 2.52 3.26 3.40 (In lsf) Average Realizations 2040 1944 2084 2160 2198 2050 (In Rs./Sq.Ft.)
Slide 7: Ongoing Projects Cont….
Ongoing Projects Cont…. Village Centre, the first organized shopping complex in Bhiwadi became fully operational along with 53 hotel rooms (expansion of the existing Treehouse hotel and club). Launched Rangoli Gardens Phase II and Aangan phase V for bookings. Started handing over of Ashiana’s second
Slide 8: Ongoing Projects Cont…. (Area Booked Geographically)
Ongoing Projects Cont…. Jodhpur 9% Lavasa Lavasa 13% Oct 09 - Dec 09 Apr 10 – Jun 10 15% Bhiwadi Jodhpur 36% 13% Bhiwadi Jamshedpur 49% Jamshedpur 9% 6% Jaipur Jaipur 34% 16% Break up of Area Booked Lavasa (Geographically) Jodhpur 7% 5% Jodhpur 5% Lavasa 12% Jamshedpur Bhiwadi 13% Bhiwadi 8% 37% Jam
Slide 9: Ongoing Projects Cont…. (Area Booked Category-wise)
Ongoing Projects Cont…. Oct 09 - Dec 09 Apr 10 - Jun 10 Retirement Retirement Resort Resort 22% 20% Group Housing Group 78% Housing 80% Break up of Area Booked (Category-wise) Retirement Resort Retirement 20% Resort 12% Group Housing 80% Jan 10 - March 10 Jul10 - Sep 10 Group Housing 88% Note: We ow
Slide 10: Financial Summary (Consolidated)
Financial Summary (Consolidated) Particulars Q1 FY10 Q2 FY10 Q3 FY10 Q4 FY10 Q1 FY11 Q2 FY11 Sales and Other 2,923 2,527 2,644 4,009 4,285 2941 Income Operating 1,795 1,673 1,886 2,057 2,794 1962 Expenditure EBITDA 1,128 853 759 1952 1,491 979 Profit After Tax 890 669 587 1532 1171 795 EBITDA Margin
Slide 11: Financial Highlights
Financial Highlights Sales and Other Income increased by 16% YoY to Rs. 2941 lakhs in Q2FY11 from Rs. 2527 lakhs in Q2FY10. Profit after Tax increased by 19% YoY to Rs. 795 lakhs in Q2FY11 from Rs. 669 lakhs in Q2FY10. As substantial number of bookings during the quarter were in those phases, where
Slide 12: Future Projects
Future Projects Land Name and Location Land Area (Acres) Estimated Saleable Area (lsf) Proposed Development Milakpur Land, 40.63 31.0 Group Housing/Retirement Resort Bhiwadi Tanawada Land, 10.92 4.70 Group Housing Village Tanawada, Jodhpur Marine Paza, 1.95 1.70 Retail & Hotel Village Sonari, Jamshe
Slide 13: Future Outlook
Future Outlook With bookings of 6.66 lsf till Sep 10, we have revised the target of bookings from 12 to 12.5 lsf in FY11. In lsf 2006-07 2007-08 2008-09 2009-10 2010-11 E Area Booked 4.23 6.53 5.26 7.07 12.5 Construction slowed in first half of the year. The construction momentum has picked up, howe
Slide 14: Future Outlook
Future Outlook Ready to launch, awaiting for approvals under process. Saleable Area Expected Name of Project Location (lsf) Completion Time Marine Plaza Jamshedpur 1.7 3 years
Slide 15: Abbreviations
Abbreviations lsf : Lakhs square feet PAT : Profit after Tax Rs. : Indian National Rupees
Slide 16: Thank You
Thank You For Any Queries Contact: Varun Gupta, Director - Finance Phone: 011-42654265 Email: investorrelations@ashianahousing.com Ashiana Amarbagh, Jodhpur Ashiana Greenwoods, Jaipur