Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2013 Earnings Presentation
16 slides from Ashiana Housing's earnings presentation, Jun 30, 2012
Slide 1: Ashiana Housing Limited - Update for Quarter Ending June 30th 2012
Ashiana Housing Limited Update for Quarter Ending June 30th 2012 1 Utsav Bhiwadi
Slide 2: Agenda
Agenda Highlights and Overview Ongoing Project Details Financial Summary Future Projects Future Outlook 2
Slide 3: Highlights (Q1 FY13)
Highlights (Q1 FY13) Acquired a land parcel measuring 1.03 acres in Bhiwadi. Target product – Group Housing. Disposed Tanawada Land at Jodhpur measuring 10.92 Acres. Customers started moving into Rangoli Gardens. Phase-1 handed over 4 months ahead of schedule. Prices increased in most projects leadi
Slide 4: Overview (Q1 FY13)
Overview (Q1 FY13) As disclosed earlier, revenue recognition and profits accounted will be weak for FY12-13 & FY 13-14 as the company will transition to contract completion method of accounting from percentage of completion method. The operating and cash flow figures will provide a better gauge of p
Slide 5: Overview (Q1 FY13)
Overview (Q1 FY13) Area Bookings witnessed decline of 22% YoY and 40% QoQ due to: Non-availability of saleable inventory. Steps already taken to get the same through both fresh acquisitions and approvals on existing land parcels. Some sluggishness observed in market also effected sales. However, Q2
Slide 6: Ongoing Projects
Ongoing Projects Saleable Area Area Launched Area Booked Till Project Name Location Type Remarks (lsf) (lsf) 30/06/12 (lsf) Handed over first three phases, handing Ashiana Aangan Bhiwadi Group Housing 20.57 20.57 20.41 over Phase IV and V, phase VI in CY 2012. Active Senior Phase I, II & III handed
Slide 7: Ongoing Projects Cont…
Ongoing Projects Cont… Break up of Saleable Area of Ongoing Projects 7
Slide 8: Ongoing Projects Cont….
Ongoing Projects Cont…. Particulars Q4FY11 Q1FY12 Q2FY12 Q3FY12 Q4 FY12 Q1 FY13 Equivalent Area Constructed 2.82 2.70 3.27 3.96 4.69 2.78 (In lsf) Area Booked 3.79 3.81 4.82 4.22 4.99 2.97 (In lsf) Average Realizations 2005 2187 2075 2190 2302 2454 (In `/Sq. Ft.) Referral Bookings 163 197 180 212 15
Slide 9: Ongoing Projects Cont…. (Area booked geographically)
Ongoing Projects Cont…. Lavasa Jodhpur 3% Jodhpur Lavasa 14% 5% 1% Jamshedpur 10% Bhiwadi Jul 11 – Sep11 Jan 12 – Mar 12 30% Jamshedpur Bhiwadi 9% 37% Jaipur Jaipur 44% 47% Break up of Area Lavasa 3% Jodhpur Lavasa 0% Booked Bhiwadi 10% Jodhpur 10% Jamshedpur (Geographically) 13% 9% Jamshedpur Bhiwa
Slide 10: Ongoing Projects Cont…. (Area booked category-wise)
Ongoing Projects Cont…. Retail 1% Jul 11 – Sep 11 Jan 12 – Mar 12 Retail 1% Active Senior Active Senior Living 4% Living 5% Group Housing Group Housing 95% Break up of 94% Area Booked (Category-wise) Retail 1% Active Senior Living Active Senior 8% Living 2% Group Housing 98% Group Housing Oct 11 – D
Slide 11: Financial Summary (Consolidated)
Financial Summary (Consolidated) Particulars Q4 FY11 Q1 FY12 Q2 FY12 Q3 FY12 Q4 FY12 Q1 FY13 (in Lakhs `) Sales and Other Income 5,565 4,251 5,773 5,702 9,171 3,324 Operating Expenditure 3,100 2,616 3,909 3,645 5,760 2,145 EBITDA 2,465 1,635 1,864 2,057 3,411 1,179 Profit After Tax 1,696 1,304 1,460
Slide 12: Future Projects
Future Projects Land Name and Location Land Area (Acres) Estimated Saleable Area (lsf) Proposed Development Ashiana Town, Thada Group Housing/ Bhiwadi 55.00 36.00 Active Senior Living Utsav, Kolkata 10.13 7.50 Active Senior Living Milakpur Land, Group Housing/ Bhiwadi 40.63 31.00 Active Senior Livin
Slide 13: Future Outlook
Future Outlook Targets for bookings and construction for next year: In lsf 2008-09 2009-10 2010-11 2011-12 2012-13E Area Booked 5.26 7.07 13.50 17.83 16.00 Equivalent Area 9.40 10.22 10.74 14.62 14.00 Constructed The targets for FY13 are lower than the achievements of FY12 due to non-availability of
Slide 14: Abbreviations
Abbreviations lsf : Lakhs square feet psf: Per square feet EAC: Equivalent Area Constructed PAT : Profit after Tax `: Indian National Rupees 14
Slide 15: Thank You
Thank You For Any Queries Contact: Varun Gupta, Director - Finance Phone: 011-42654265 Email: investorrelations@ashianahousing.com Rangoli Gardens, Jaipur Ashiana Greenwoods, Jaipur 15
Slide 16: Disclaimer
Disclaimer Some of the statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operation