Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q3 FY2022 Earnings Presentation
34 slides from Ashiana Housing's earnings presentation, Feb 14, 2022
Slide 1: Ashiana Housing: Investor Update cover letter
a aS hiane you are in safe hands Date: 14% February 2022 To To The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers Exchange Plaza, Plot no. C/1, G Block _Dalal Street, a Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Security Code
Slide 2: For the Quarter ended 31st December 2021
For the Quarter ended 31st December 2021 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.N S | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED.
Slide 3: Safe Harbor
Safe Harbor Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", "may", "expect", "will continue", "anticipate", "estimate", "intend", "p
Slide 4: Glossary
Glossary Saleable Area Total saleable area of the entire project corresponding to 100% economic interest of all parties Projects in respect of which (i) all title, development rights or other interest in the land is held either directly by our Company and/or our Subsidiaries and/or other entities in
Slide 5: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures © Ashiana Housing Limited, All Rights Reserved. 4
Slide 6: Highlights and Overview
Highlights and Overview 01 Highlights 02 Operational Overview 03 Financial Overview 04 Quarterly Performance 05 Cash Flow Position © Ashiana Housing Limited, All Rights Reserved. 5
Slide 7: Quarterly Highlights
Quarterly Highlights Booking lower at 4.21 Lakhs Sq. ft.(Q3FY22) vs. 4.51 lakh Sq. ft (Q2FY22). In Q3, healthy bookings from Anmol Ph 2, Gurgaon (launched in Q3) and Shubham Ph 4, Chennai. The bookings in Q2 were higher due launch of Ashiana Nirmay Ph 4, Bhiwadi and higher sales in Dwarka Ph 4, Jo
Slide 8: Highlights (April'21 to December'21)
Highlights (April’21 to December’21) Bookings were at 10.23 lakh Sq Ft. Area constructed at 11.12 lakh Sq. Ft. There has been delay in some projects due to pandemic and rains. The expected completion dates have been revised accordingly. Pre-tax operating cash flows (modified and before any lan
Slide 9: Quarterly Operational Overview
Quarterly Operational Overview 5.00 4.50 4.51 4.50 4.21 4.00 3.73 3.54 3.57 3.50 Area booked was 4.21 Lakh Sq Ft in Q3 FY22 vs. 3.00 4.51 Lakhs Sq. ft in Q2FY22. 2.50 2.00 1.50 1.00 0.50 0.00 Equivalent Area Constructed Area Booked Q3 FY21 Q2 FY22 Q3 FY22 Note : * Equivalent Area Constructed (EAC)
Slide 10: Quarterly Financial
Quarterly Financial 70 61 60 54 50 40 40 Pre-Operating Cash Flows were positive at 30 29 30 28 INR 29.22 Crores for Q3FY22 aided by healthy collections. 20 10 -6 -6 -4 0 -10 Pre-Tax Operating Cash Profit/(Loss) After Tax Sales and Other Income Flow Q1 FY22 Q2 FY22 Q3 FY22 © Ashiana Housing Limited
Slide 11: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Period Entity Equivalent Area Delivered & Value of Area Area Booked Area Recognized for Booked Constructed* Revenue AHL 145.59 3.55 3.26 0.94 FY22 Quarter 3 Partnership 24.16 0.67 0.47 1.20 Total 169.76 4.21 3.73 2.13 AHL
Slide 12: Quarterly Sales Trend
Quarterly Sales Trend Project Location Q4 FY20 Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 AHL (Area in Sq. Ft. ) Aangan Neemrana Neemrana (251) - (690) 3,750 (1,199) 1,450 1,450 - Anmol Gurgaon 2,088 1,515 350 38,055 60,895 2,550 28,495 85,788 Tarang Bhiwadi 2,502 5,873 14,692 5,536 20,494 1
Slide 13: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Area Booked Sale Value of Amount Equivalent Area Saleable Area Location Project Phase (Lakhs Sq. Area Booked Received Constructed * (Lakhs Sq. ft.) ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL Bhiwadi Nirmay 3 2.35 2.30 84.10 69.63 1.92 Bhiwa
Slide 14: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Equivalent Sale Value of Area Amount Saleable Area Area Booked Area Entity Booked Received (Lakhs Sq. ft.) (Lakhs Sq. ft.) Constructed* (INR Crores) (INR Crores) (Lakhs Sq. ft.) AHL 40.02 29.95 1082.74 709.15 21.13 Partnership 1.93 1.85 61.09 55.17 2.19 Grand T
Slide 15: Ongoing Projects
Ongoing Projects 01 Geographical Presence 02 Ongoing Projects Summary 03 Break up of Area Booked Operational data - Yearly 04 - Quarterly © Ashiana Housing Limited, All Rights Reserved. 14
Slide 16: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects 2% 13% 10% 42% 3% 23% 7% Bhiwadi Chennai Jodhpur Jamshedpur Gurgaon Jaipur Pune © Ashiana Housing Limited, All Rights Reserved. 15
Slide 17: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Expected Saleable Area Area Booked Timeline as Location Project Phase Economic Interest Project Type Customer (Lakhs Sq. ft.) (Lakhs Sq. ft.) per RERA** Handover Date Bhiwadi Nirmay 3 100% Senior Living 2.35 2.30 Q3FY23 Q1FY23 Bhiwadi Nirmay 4
Slide 18: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 6% 0% 11% 0% 7% 12% 6% 27% 11% 20% 10% Q3 FY22 Q2 FY22 6% 1% 0% 43% 40% Bhiwadi Gurgaon Pune Bhiwadi Gurgaon Pune Neemrana Jaipur Chennai Neemrana Jaipur Chennai Jamshedpur Jodhpur Gujarat Jamshedpur Jodhpur Gujarat 2% 2% 1% 1% 7% 10% 34% 7% 30% 0% 12% Q4 FY21 Q1 FY22 0
Slide 19: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 Equivalent Area Lakhs Sq. ft. 12.27 17.87 22.8 23.44 17.39 8.16 7.68 9.85 11.66 Constructed* Area Booked Lakhs Sq. ft. 18.65 22.13 18.12 8.63 6.96 6.93 10.79 19.82 14.97 Value of Area INR Lakhs 50,335 64,7
Slide 20: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q4 FY20 Q1 FY21 Q2 FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Equivalent Area Lakhs Sq. ft. 3.27 1.21 3.01 3.54 3.90 2.89 4.50 3.73 Constructed* Area Booked Lakhs Sq. ft. 4.14 0.81 2.29 3.57 8.30 1.51 4.51 4.21 Value of Area Booked INR Lakhs 14,596 2,736 7,60
Slide 21: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 20
Slide 22: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 Sales and Other Income INR Crores 164.44 542.67 397.02 334.92 350.63 317.55 259.31 Operating Expenditure INR Crores 105.42 385.47 291.00 266.92 303.37 316.84 241.11 EBITDA INR Crores 59.02 157.20 106.02 6
Slide 23: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1FY22 Q2FY22 Q3FY22 Sales and Other Income INR Crores 98.59 38.19 50.05 89.71 81.36 40.43 60.69 54.19 Operating Expenditure INR Crores 89.55 36.98 49.24 71.23 83.66 44.10 63.33 55.08 EBITDA INR Crores 9.05 1.21
Slide 24: Future Outlook
Future Outlook 01 Future Projects Summary Land available for Future 02 Development Completed Projects having 03 Inventory © Ashiana Housing Limited, All Rights Reserved. 23
Slide 25: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 4,5 & 6 100% 7.51 Bhiwadi Ashiana Adwik 1,2,3,4,&5 100% 14.00 Bhiwadi Ashiana Nirmay 5 100% 0.30 Jaipur Ashiana Umang 6 100% 2.12 Jaipur Ashiana Amantran 3 75% of Revenue 3.52 Gurgao
Slide 26: Land available for Future Development
Land available for Future Development Estimated Estimated Area Location Land/ Project Name Saleable Area Economic Interest Proposed Development (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur 40.63 31.00 100% Comfort Homes/ Senior Living 68% Revenue Pune Ashiana Malhar 11.34 11.80 Comfort Homes Share 80% Re
Slide 27: Completed Projects having Inventory
Completed Projects having Inventory Area Booked & Area Recognised Unbooked Saleable Area Booked Area Unrecognised For Location Projects Phase Share in Project Type For Revenue Area (Lakhs Sq. ft.) (Lakhs Sq. ft.) Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 1,2 & Pl
Slide 28: Shareholding Pattern as on 31st December 2021
Shareholding Pattern as on 31st December 2021 Shareholding Pattern Institutional Holding above 1% No. of 25% Rank Fund / Institution % Holding Shares 1 India Capital Fund Limited 45,39,189 4.43% ICICI Prudential Equity & Debt 2 41,94,951 4.10% Fund 5% 61% 3 SBI Contra Fund 30,89,821 3.02% 9% 4 PGIM
Slide 29: For Any Queries, Contact
investorrelations@ashianahousing.com For Any Queries, Contact +91 11 4265 4265 Regd. Office: 11G Everest, 46/C, Chowringhee Road, Kolkata - 700 071. West Bengal, India. Ph: 033-4037860 Head Office: 304, Southern Park, Saket District Centre, Saket, New Delhi – 110017 Ph : 011-4265 4265 © 2020 Ashiana
Slide 30: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 29
Slide 31: About Ashiana
About Ashiana Incorporation / 1979 in Patna, New Delhi Headquarters Industry Real Estate with focus on residential apartments Business Comfort Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, South Operation of Gurgaon (Sohna), Lavasa, Halol,
Slide 32: Business Model
Business Model In house end-to-end construction capabilities – Ensure higher control over cost and quality High quality in-house and flexibility in execution construction Focus on use of high quality and efficient construction methodologies & techniques to help reduce time and cost Instead of broker
Slide 33: Accolades
Accolades Awards & Recognitions 2010 2011 2012 2013 2014 2015 • Rated by FORBES’ among • Ashiana Aangan, • Received Bhamashah award • Awarded as Realty Giants • CNBC Awaaz • Ashiana Aangan Bhiwadi Asia's 200 Best Under a Bhiwadi awarded as for Contribution made in the North India by Realty Kings fel
Slide 34: Abbreviations
Abbreviations Sq. ft.: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax EBITDA: Earning before Interest, Tax, Depreciation and Amortization TCI: Total Comprehensive Income © Ashiana Housing Limited, All Rights Reserved. 33