Arvind Smartspaces Ltd. · NSE:ARVSMART

Arvind Smartspaces — Q2 FY2021 Earnings Presentation

72 slides from Arvind Smartspaces's earnings presentation, Oct 31, 2020

1. Slide 1: Arvind SmartSpaces Investor Presentation Q2 FY21

   & ALVIND SMACTSPACES www.arvindsmartspaces.com 31% October, 2020 To To BSE Limited National Stock Exchange of India Ltd. Listing Dept. / Dept. of Corporate Services Listing Dept.,Exchange Plaza, 5th Floor Phiroze Jeejeebhoy Towers Plot No. C/1, G. Block Dalal Street Bandra-Kurla Complex Mumbai - 400

2. Slide 2: Q2 FY21

   Draener BUILDCON A£VIAD SMAFTSPACES Lavish Clubhouse* spread over 40,000 sqft Q2 FY21 Ahmedabad's largest shallow water lily pond le a... Oct 30, 2020 Residential Plots & Villas A (VI ND

3. Slide 3: Key Updates – Operations

   Key Updates – Operations New Sales  MIS Sales for the quarter is Rs. 156 Cr Project  Till date completed and handed over 10 projects measuring total developed area of 4.24 Million sqft (Alcove, Megatrade, Parishkaar, Trade square, Expansia, Citadel, SporciaMegapark, Megaestate and Completion Skyla

4. Slide 4: Consolidated Financials for Q2FY21

   Consolidated Financials for Q2FY21 Revenue  Revenue of Rs. 30 Cr lacs during Q2 FY21 as against Rs. 33 Cr in Q2 FY20  Revenue down by 11% Y-o-Y  EBITDA of Rs. 9 Cr during Q2 FY21 as against Rs. 11 Cr in Q2 FY20 EBITDA  EBITDA margin at 30% vs 34% LY  PBT of Rs. 2.1 Cr during Q2 FY21 as against

5. Slide 5: Financials - Others

   Financials - Others Collections  Total collections of ~Rs. 57 Cr during Q2 FY21 Unrecognized  Unrecognized revenue from sold units is about Rs. 562 Cr (as on Mar 31, 2020 Rs. 477 Cr) Revenue  Consolidated Net debt as on Sep 30, 2020 is Rs. 202 Cr (as on Mar 31, 2020 Rs. 218 Cr) Loan and Debt  Co

6. Slide 6: Sales Highlights - Quarter

   Sales Highlights - Quarter Growth Particulars Q2 FY20 Q2 FY21 % Area Sold (Sq. Ft.) 1,00,450 10,17,502 Booking Value (INR Cr.) 38 156 311% 5

7. Slide 7: Inventory – No. of Units Available for Sale

   Inventory – No. of Units Available for Sale As on April As on April As on April Growth % Particulars 1, 2018 1, 2019 1, 2020 YOY No. of Units available for sale 1,107 2,065 2,384 15% Note :- As on September 30, 2020, 2,210 units are available for sale 6

8. Slide 8: Financial Snapshots (Quarter)

   Financial Snapshots (Quarter) Rs. Cr Consolidated Q2 FY20 Q2 FY21 Growth % Revenue 33.4 29.8 -11% EBITDA 11.2 9.1 EBITDA % 34% 30% PAT 2.6 2.0 -23% PAT % 8% 7% 7

9. Slide 9: Financial Snapshot (Consolidated)

   Financial Snapshot (Consolidated) Turnover (Rs. Cr) EBITDA (Rs. Cr) PAT (Rs. Cr) 33.4 29.8 11.2 9.1 2.0 2.6 Q2 FY20 Q2 FY21 Q2 FY20 Q2 FY21 Q2 FY20 Q2 FY21 8

10. Slide 10: Financial Snapshots (H1)

    Financial Snapshots (H1) Rs. Cr Consolidated H1 FY20 H1 FY21 Growth % Revenue 69.9 40.3 -42% EBITDA 21.6 11.2 EBITDA % 31% 28% PAT 5.1 (2.9) PAT % 7% -7% 9

11. Slide 11: Balance Sheet - Abstract (Consolidated)

    Balance Sheet - Abstract (Consolidated) Rs. Cr Rs. Cr Particulars As on As on Particulars As on As on 31st Mar,20 30th Sept,20 31st Mar,20 30th Sept,20 Equity and liabilities ASSETS Share Capital 35.6 35.6 Fixed Assets 29.2 29.9 Reserves and Surplus 253.3 250.4 Non-Current Financial Assets 65.2 70.2

12. Slide 12: Profit & Loss Account – Abstract (Consolidated)

    Profit & Loss Account – Abstract (Consolidated) % of Particulars Q2 FY20 Q2 FY21 Rs. lacs Growth Revenue from Operations 3,339 2,977 -11% Total Revenue 3,449 3,007 -13% Operating Costs 747 1,057 Employee Benefit Expenses 443 489 Other Costs 1,028 524 EBITDA 1,121 907 -19% EBITDA % 34% 30% Finance Co

13. Slide 13: Performance of Scrip (Since Listing)

    Performance of Scrip (Since Listing) BSE Sensex Index 500 380 450 BSE Realty Index 330 400 280 350 ASL Index 300 230 250 180 200 150 130 100 80 50 30 0 Note : Closing levels of Sensex and Realty Index as on Aug 31, 2015 was 26,283.09 and 1,260.66 respectively, the same has been indexed to 100. For A

14. Slide 14: Shareholding Pattern (%)

    Shareholding Pattern (%) Category 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 Promoter and Others, 59.06% 59.06% 59.06% 59.06% Promoter Group 36.52% Promoter Foreign Institutional 0.03% 0.03% 0.03% 0.03% and Investors(FIIs) Promoter Mutual Funds 1.61% 1.61% 1.41% 0.66% Insurance Group, Companie 59.06% I

15. Slide 15: Project Portfolio - Completed

    Project Portfolio - Completed Completed Projects – 10 Projects 14

16. Slide 16: Project Portfolio - Ongoing

    Project Portfolio - Ongoing Ongoing Projects – 9 Projects 15

17. Slide 17: Project till Date Synopsis

    Project till Date Synopsis Est. Area Area Booked Inventory as Booking Value Revenue Project Residential Avg. Price Till Date on Date till Date Recognized till Completion Projects (Rs./sqft) (sqft) (sqft) (sqft) (Rs. Lac) Date (Rs. Lac) (%) Alcove 1,032,660 984,150 48,510 2,474 2,474 100 251 Parishka

18. Slide 18: Project till Date Synopsis

    Project till Date Synopsis Est. Area Area Booked Inventory as Booking Value Revenue Project Residential Avg. Price Till Date on Date till Date Recognized till Completion Projects (Rs./sqft) (sqft) (sqft) (sqft) (Rs. Lac) Date (Rs. Lac) (%) Uplands ONE 3,192,901 24,71,260 721,641 36,982 19,818 90 1,4

19. Slide 19: Quarterly Synopsis

    Quarterly Synopsis Area Booked in Units Booked in Sales Value for Q2 Amount Collected in Revenue Recognized in Residential Q2FY21 Q2 FY21 FY21 Q2 FY21 Q2 FY21 Projects (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 18,204 16 1,168 1,569 1,836 Uplands ONE 1,00,071 8 2,411 789 693 Oasis 13,437

20. Slide 20: Uplands

    Uplands  Location: Nasmed Village, Gandhi Nagar  Product: Premium golf based township  Project Size: 189 Villas (Phase I)  Deal Structure: Joint Development  Architect: Woods Bagot  Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Square, Fun Square) Premium Concierge Services

21. Slide 21: Uplands

    Uplands Rendered image Golf Course Construction 20

22. Slide 22: Uplands

    Uplands Actual Site Image - Zen Building 21

23. Slide 23: Uplands

    Uplands Actual Site Image - Zen Cafeteria 22

24. Slide 24: Uplands

    Uplands Temple Construction 23

25. Slide 25: Uplands

    Uplands Actual Villa Construction 24

26. Slide 26: Uplands

    Uplands Sample Villa Construction 25

27. Slide 27: Uplands

    Uplands Sample Villa Interior 26

28. Slide 28: High Grove

    High Grove  Location: Moti Devti, Sanand, Ahmedabad  Product: Weekend Homes - Plots  Project Size: 814 Units  Deal Structure: Joint Development  Architect: Woods Bagot  Features 9 Hole Executive Golf Course Clubhouse powered by SMAAASH, which is perfected by Sachin Tendulkar Bowling Alley Golf

29. Slide 29: High Grove

    High Grove Villa side view Club house 28

30. Slide 30: Megaestate

    Megaestate  Location: Naroda Road, Ahmedabad  Product: Industrial Sheds  Project Size: 30 Sheds (Phase I)  Deal Structure: Development Agreement  Architect: E-Cube  Features State of the art design Contemporary external façade Contemporary landscape design Rain water harvesting Wide Entrance A

31. Slide 31: Megaestate

    Megaestate Actual Site Images – Shed Construction 30

32. Slide 32: Megapark

    Megapark  Location: Changodar, Ahmedabad  Product: Industrial Sheds & Plots  Project Size: 151 Sheds & 23 Plots  Deal Structure: Joint Development  Architect: In house  Features Business Centre with allied facility Conference Hall/Training Centre with multimedia facility 24*7 secured premises

33. Slide 33: Megapark

    Megapark Construction work at Site 32

34. Slide 34: Megapark

    Megapark Construction work at Site – Sample Shed 33

35. Slide 35: Skylands

    Skylands  Location: Jakkur Road, Shivanahalii,Bengaluru  Product: High rise Residential Apartments  Project Size: 417 Units  Deal Structure: Outright Purchase  Architect: Apurva Amin  Features Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing deck on terrace Club

36. Slide 36: Skylands

    Skylands SMALTSPACES 3s

37. Slide 37: Skylands

    Skylands 36

38. Slide 38: Project – Skylands Clubhouse

    Project – Skylands Clubhouse 37

39. Slide 39: Project – Skylands Clubhouse

    Project – Skylands Clubhouse 38

40. Slide 40: Skylands

    Skylands Model Flat 39

41. Slide 41: Skylands

    Skylands Model Flat 40

42. Slide 42: Oasis

    Oasis  Location: Tumkur Road, Bengaluru  Product: 2&3 BHK Residential Apartments  Project Size: 452 units  Deal Structure: Outright Purchase  Architect: Apurva Amin  Features: Aqua Center Terrace café Central Landscape Area Senior Citizen’s Nook Indoor Gym & Steam room Sports facilities like C

43. Slide 43: Oasis

    42 ATG 2 ul in |

44. Slide 44: Oasis

    ALCVIND Actual Site Image 43

45. Slide 45: Oasis

    Oasis Construction at Site 44

46. Slide 46: Oasis

    Oasis Construction at Site 45

47. Slide 47: Aavishkaar

    Aavishkaar  Location: Naroda Road, Ahmedabad  Product: Affordable Residential Apartments  Project Size: 1200 Units  Deal Structure: Development Agreement  Architect: Vitan (Jagrut & Partners LLP)  Features: Gated community & CCTV camera Central Landscape area Outdoor & Indoor Gym Yoga & Multip

48. Slide 48: Aavishkaar

    Aavishkaar Actual Construction Image 47

49. Slide 49: Aavishkaar

    Aavishkaar Actual Construction Image 48

50. Slide 50: Elan

    Elan  Location: Kothrud Road, Pune  Product: High rise Residential Apartments  Project Size: 81 Units  Deal Structure: Development Agreement  Architect: A & T Consultants  Features: Landscape Walkway Club Terrace Café Sitting Outdoor & Indoor Gym Fully equipped Home Theatre room State of art S

51. Slide 51: Elan

    Elan

52. Slide 52: Elan

    Elan Actual Construction Image 51

53. Slide 53: Edge

    Edge  Location: Tumkur Road, Bengaluru  Product: Commercial & Retail Space  Project Size: 130 Units  Deal Structure: Outright Purchase  Architect: A & T Consultants  Features: Common Conference Room Theatre/Auditorium Modern Cafetaria Gymnasium CCTV, Intercom Facility Parking & Automatic Eleva

54. Slide 54: Edge

    Edge Actual Construction Image 53

55. Slide 55: Forreste

    Forreste  Location: Racharda Khatraj Road, Ahmedabad  Product: Premium land oriented villa scheme  Project Size: 117 Units  Deal Structure: DM  Architect: In House  Features: Lounge with Seating & Library Café & Restaurant Banquet Hall & Kids Zone Gymnasium Multimedia Theatre Sports amenities

56. Slide 56: Uplands TWO Monogram Living

    Uplands TWO Monogram Living  Location: Nasmed Village, Gandhi Nagar  Product: Premium golf based township  Project Size: 11 Villas – Very High End 34 Villas - Normal  Deal Structure: Joint Development  Architect: Woods Bagot  Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Squ

57. Slide 57: Bel Air

    Bel Air  Location: New Town Road, Yelahanka, Bangalore  Product: 2, 2.5 and 3 BHK Residential apartment  Project Size: 334 Units  Deal Structure: Outright Purchase  Architect: Apurva Amin  Features: Club, Lounge and Amenities Work From Home Features Cantilevered Skyclub Vaastu compliant Smart

58. Slide 58: Bel Air

    Bel Air Excavation Sales Office

59. Slide 59: About the Company

    About the Company ALVIND SMACTSPACES ss

60. Slide 60: Board of Directors

    Board of Directors Mr. Sanjay S. Lalbhai Mr. Kamal Singal Chairman & Non-Executive Director Managing Director & CEO And Promoter Mr. Kulin S. Lalbhai Mr. Pratul Shroff Ms. Pallavi Vyas Non-Executive Director Independent Director Independent Director Mr. Nirav Shah Mr. Prem Prakash Pangotra Independe

61. Slide 61: Overview | Arvind Smartspaces

    Overview | Arvind Smartspaces ● One of the fastest growing real estate developer in the listed space ● Ahmedabad-based real estate developer, commenced operations in 2009 ● Listed on NSE and BSE through demerger of real estate business from Arvind Ltd ● Operates largely in Ahmedabad and Bangalore, h

62. Slide 62: Strategic Pillars, Financial Performance, Awards & accolades

    Strategic Pillars Financial Performance Awards & accolades 61

63. Slide 63: Five Strategic Pillars

    Five Strategic Pillars 1. Asset light/ low capex model to optimize ROE 3. Low Financial and Operational Leveraging Focus on JD/JV deals Optimum D/E ratio: • Infuse additional equity based on Focus on Residential segment (low CAPEX requirement requirement) • Maintain operational efficiency to ensure

64. Slide 64: Five Strategic Pillars

    Five Strategic Pillars 4. Optimum/ conservative risk profile 5. Innovative/Customer-Centric products, designs & services Primary focus on end-consumption residential segment Set industry benchmarks in Product Designs and Innovation Steady and cautious geographic expansion Partner with best in class

65. Slide 65: Financial Snapshots

    Financial Snapshots Rs. in Crores Particular FY15 FY16 FY17 FY18 FY19 FY20 GAGR % Total Revenue 86.6 116.4 160.0 202.0 264.3 301.7 28% EBITDA 25.2 36.7 46.4 65.0 70.3 91.00 29% EBITDA % 29% 32% 29% 32% 27% 30% PAT 10.6 17.2 21.0 30 30.6 39.3 30% PAT % 12% 15% 13% 15% 12% 13% 64

66. Slide 66: Sales Highlights

    Sales Highlights Growth FY20 Particulars FY20 FY19 FY18 over FY19 % Area Sold (Sq. Ft.) 17,25,709 7,69,227 5,98,027 124% Booking Value (INR Cr.) 285.9 280.5 104.0 2% 65

67. Slide 67: Awards & Recognition

    Awards & Recognition 8th May, 2015 Won the “Emerging developer of the year- Residential” award in Realty Plus Excellence Awards 8th May, 2015 Uplands won the “Luxury project of the year” award in Realty Plus Excellence Awards 20th Feb, 2016 Bagged ”Emerging Developer of the Year – India” award in AB

68. Slide 68: Awards & Recognition

    Awards & Recognition 25th Nov, 2016 Project Arvind Uplands won the “Integrated Township of the Year – India” award in DNA Real Estate & Infrastructure Round Table & Awards 6th Dec , 2016 Arvind SmartSpaces has received “Certificate of Excellence” in ASSOCHAM Top 50 SME Index 8th Dec , 2016 Project A

69. Slide 69: Awards & Recognition

    Awards & Recognition 6th Jul, 2017 Arvind Expansia has won “Luxury Project of the year” award at the National Awards for Marketing Excellence in Real Estate and Infrastructure organized by Times Network 19th Aug , 2017 Arvind SmartSpaces has won “Excellence in Upgrading Lifestyle Standards” award at

70. Slide 70: Awards & Recognition

    Awards & Recognition 14th June, 2019 Arvind Aavishkaar has won “Affordable Housing Project of the Year” award at the Realty Plus Conclave & Excellence Award 2019 25th August, 2019 Arvind SmartSpaces has been awarded "Best Real Estate Company" by India News Gujarat at Gujarat First Conclave 13th Sept

71. Slide 71: Thank You

    Thank You Arvind SmartSpaces Ltd Investor Relations: (CIN: L45201GJ2008PLC055771) Registered & Corporate Office: Ankit Jain 24, Govt. Servant’s Society, Chief Financial Officer Adj. Municipal Market, Email: ankit.jain@arvind.in C. G. Road, Ahmedabad- 380009 Tel: +91 79 68267000 Prakash Makwana www.a

72. Slide 72: Annexure

    Annexure Note Considering the nature of the business carried on by the Company whereby revenues do not necessarily accrue evenly over the projects period, the revenues of the quarter and/or the year may not be strictly comparable with the results of the corresponding quarter and/or the year. Total a

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