Arkade Developers Limited · NSE:ARKADE
Arkade Developers — Q3 FY25 Earnings Presentation
30 slides from Arkade Developers's earnings presentation, Jan 24, 2025
Slide 1: Stock exchange cover letter for investor presentation
Ref No.: ADL/SE/24-25/38 Date: January 24, 2025 To, To, The Manager The Manager Corporate Relationship Department Listing Department BSE Limited National Stock Exchange of India Limited Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai - 40
Slide 2: Investor Presentation Q3 & 9M FY25
INVESTOR PRESENTATION Q3 & 9 M FY25
Slide 3: Table of Content
TABLE OF CONTENT 1 CHAIRMAN & MD’S MESSAGE 2 COMPANY OVERVIEW 3 PERFORMANCE HIGHLIGHTS 4 LEADERSHIP TEAM & ESG 5 FINANCIALS Disclaimer: Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward looking statements
Slide 4: Chairman & MD's Message
CHAIRMAN & MD’S MESSAGE AMIT MANGILAL JAIN PROMOTER, CMD ARKADE DEVELOPERS LIMITED “The Company’s performance in the third quarter has been in line with expectations. We have continued to build on the momentum of the first half of the financial year, with strong pre-sales and revenue recognition fro
Slide 5: Company Overview
COMPANY OVERVIEW ARKADE VALUE GROWTH AT A GLANCE PROPOSITION DRIVERS MILESTONES COMPLETED ONGOING & PROJECTS UPCOMING PROJECTS Artist’s Impression
Slide 6: Arkade at a Glance
ARKADE AT A GLANCE OUR PHILOSOPHY FAMILY FIRST At Arkade, family isn’t just a word, it’s a philosophy; Every nook, every brick and every inch of our developments is designed to put a family’s comfort, joys and fulfillment first. 38+ 30 5,500+ YEARS PROJECTS FAMILIES OF LEGACY DELIVERED SUCCESSFULLY
Slide 7: Value Proposition
VALUE PROPOSITION Well-spread out Portfolio of Greenfield and Leading MMR Redevelopment Projects Asset Light Developer with Model and Zero Inhouse Project Net Debt Management Strong Cash-flow Expansion in And IRR Focused Quick Turn Eastern Corridor around - Before Time Delivery Artist’s Impression
Slide 8: Growth Drivers
GROWTH DRIVERS Robust demand for Strong pipeline of luxury housing redevelopment Expansion into following strong Legacy of delivery of projects in the Healthy Balance Central side growth seen over housing well before micro-markets that Sheet, Strong Cash of Mumbai, last 2 years. RERA deadline, we ha
Slide 9: Milestones
MILESTONES Completed 20th project and Completed Arkade Earth, Launch of Arkade Rare in Mr. Amit Jain achieved cumulative Redeveloped Vivek Co-op Hou.Soc Bhandup & Arkade Nest in Joined the Business development of 1.68 million Developed Arkade Darshan Mulund sq.ft. IPO & listing of shares 1995 2009 2
Slide 10: Portfolio - Completed Projects
VIRAR VASAI PORTFOLIO - COMPLETED PROJECTS MIRA ROAD BORIVALI SOUTH MUMBAI KANDIVALI CARMICHAEL ROAD TARDEO MAZGAON • Arkade Rise • Fortuna • Wallace Fortuna MALAD WESTERN SUBURBS GOREGAON VIRAR VASAI MIRA ROAD BORIVALI KANDIVALI ANDHERI • Acropolis • Shubh Innov8 • White Lotus • Green Avenue I • Vi
Slide 11: Portfolio - Ongoing Projects
PORTFOLIO - ONGOING PROJECTS SALEABLE COMPLETION PROJECTED PROJECT NATURE OF PLOT SIZE LOCATION CATEGORY AREA TURNOVER NAME DEVELOPMENT (SQ. MTRS) DATE* (SQ.FT.) (₹ CR) Arkade Crown Borivali (W) Aspirational Society Redevelopment 5,711 113,805 Jun’24 ** 325 Arkade Aspire Goregaon (E) Aspirational Gr
Slide 12: Portfolio - Upcoming Projects
PORTFOLIO - UPCOMING PROJECTS SALEABLE PROJECTED PROJECTS NATURE OF PLOT SIZE LOCATION CATEGORY AREA TURNOVER NAME DEVELOPMENT (SQ.MTRS) (SQ.FT.) (₹ CR) Nutan Ayojan Malad (W) Premium Society Redevelopment 6,830 217,000 694 Laxmi Ramana Goregaon (W) Premium Society Redevelopment 4,619 59,793 213 Mah
Slide 13: Portfolio - Ongoing and Upcoming Projects by Location
PORTFOLIO - ONGOING PROJECTS WESTERN SUBURBS MALAD GOREGAON ANDHERI VILE PARLE SANTACRUZ • Arkade Eden • Arkade Vistas • Arkade Prime • Arkade Pearl • Arkade Aura • Arkade Views EASTERN SUBURBS BHANDUP MULUND • Arkade Rare • Arkade NEST PORTFOLIO - UPCOMING PROJECTS WESTERN SUBURBS BORIVALI MALAD GO
Slide 14: Performance Highlights
PERFORMANCE HIGHLIGHTS Artist’s Impression BUSINESS FINANCIAL & OPERATIONAL OPERATIONAL FINANCIAL DEVELOPMENT SNAPSHOT HIGHLIGHTS HIGHLIGHTS
Slide 15: New Launches
NEW LAUNCHES ARKADE RARE ARKADE VIEWS & VISTAS ARKADE PEARL – A WING Artist’s Impression Artist’s Impression Plot Area - 4,487 sq. mtrs. Total Plot Area – 4,153 sq.mtrs. Plot Area - 11,967 sq.mtrs. Potential Turnover - ₹ 242 cr. Total Potential Turnover - ₹ 300 cr. Potential Turnover - ₹ 750 cr. Sal
Slide 16: Quarterly Snapshot - Q3 FY25
QUARTERLY SNAPSHOT – Q3 FY25 ₹ `300CR CR 231 ₹ 68 CR ₹ 50 CR REVENUE EBITDA NET PROFIT ₹ 220 CR ₹ 178 CR 73,584 SQ.FT. PRE-SALES COLLECTIONS CARPET AREA SOLD Artist’s Impression
Slide 17: Nine Months Snapshot - 9M FY25
NINE MONTHS SNAPSHOT – 9M FY25 ₹`327CRCR 560 ₹ 170 CR ₹ 124 CR REVENUE EBITDA NET PROFIT ₹ 556 CR ₹ 478 CR 178,773 SQ.FT. PRE-SALES COLLECTIONS CARPET AREA SOLD Artist’s Impression
Slide 18: Operational Highlights
OPERATIONAL HIGHLIGHTS QUARTER ENDED 31ST DEC ‘24 PARTICULARS Q3 FY25 Q2 FY25 % QoQ Q3 FY24 % YoY Pre-Sales Value (₹ Cr) 220 215 2.3% 114 93.0% Collection (₹ Cr) 178 180 (1.1%) 176 1.1% Area Sold (Sq.Ft) 73,584 66,835 10.1% 35,385 108.0% NINE MONTHS ENDED 31ST DEC ‘24 PARTICULARS 9M FY25 9M FY24 % Y
Slide 19: Operational Highlights
OPERATIONAL HIGHLIGHTS Collection YoY (₹ Cr) Pre-Sales YoY (₹ Cr) Collection QoQ (₹ Cr) Pre-Sales QoQ (₹ Cr) 300 700 645 220 588 215 600 547 556 196 478 200 176 180 178 500 400 120 121 300 258 100 170 200 142 100 0 0 Q4FY24 Q1FY25 Q2FY25 Q3FY25 FY22 FY23 FY24 9M FY25 Carpet Area Sold ('000 sq. ft.)
Slide 20: Financial Highlights
FINANCIAL HIGHLIGHTS PARTICULARS Q3FY25 Q2FY25 %QOQ Q3FY24 %YOY 9MFY25 9MFY24 %YOY Revenue 231.4 203.3 13.8% 239.5 -3.4% 560.3 512.6 9.3% Gross Profit 81.5 74.8 9.0% 75.7 7.7% 212.5 165.7 28.2% GP Margin (%) 35.2% 36.8% 36.8% 38.0% 32.4% EBITDA 67.8 60.4 12.3% 66.3 2.3% 170.2 141.2 20.5% EBITDA Marg
Slide 21: Leadership Team & ESG
LEADERSHIP TEAM & ESG Representative Image LEADERSHIP CORPORATE SUSTAINABILITY TEAM SOCIAL RESPONSIBILITY CERTIFICATIONS
Slide 22: Leadership Team
LEADERSHIP TEAM SANDEEP U JAIN AMIT MANGILAL JAIN ARPIT VIKRAM JAIN (Whole-Time Director) (Promoter, MD & Chairman) (Whole-Time Director) With dynamism in every endeavor, He plays a pivotal role in As a qualified Chartered his background in Mechanical formulating corporate strategies Accountant and
Slide 23: Corporate Social Responsibility
CORPORATE SOCIAL RESPONSIBILITY THE SAJJAN JAIN SUPPORT TRUST A CSR initiative by Arkade Developers, the Sajjan Jain Support Trust is committed to uplifting communities in need by providing access to education & healthcare. Through variety of initiatives, including partnerships with leading NGOs, we
Slide 24: CSR: Desire Society, Apna Ghar Ashram, Bal Asha Trust
DESIRE SOCIETY (Care and Support to disadvantaged children emphasizing on HIV+ve victims) Contributing to the cause with donations and various volunteer engagement activities, CSR support includes painting work for the center, providing extrat uitions for 8th/9th/10th-grade students, and organizing
Slide 25: Sustainability Certifications
SUSTAINABILITY CERTIFICATIONS
Slide 26: Financials
FINANCIALS Representative Image CONSOLIDATED CONSOLIDATED DEBT PROFIT & LOSS BALANCE SHEET PROFILE
Slide 27: Consolidated Profit and Loss Account
CONSOLIDATED PROFIT AND LOSS ACCOUNT PARTICULARS (₹ CR) FY22 FY23 FY24 9MFY25 Income From Operations 228.9 220.2 634.7 551.6 Other Income 8.2 3.9 1.0 8.6 Total Income 237.2 224.0 635.7 560.3 Total Expenditure 174.5 159.9 467.3 390.1 EBITDA 62.7 64.2 168.4 170.2 EBITDA Margin 26.4% 28.6% 26.5% 30.5%
Slide 28: Consolidated Balance Sheet
CONSOLIDATED BALANCE SHEET PARTICULARS (₹ CR) 31st Mar ‘22 31st Mar ‘23 31st Mar ‘24 30th Sept ‘24 Property, Plant & Equipment 1.8 1.9 11.8 10.4 Investments 16.4 17.0 18.1 31.3 Other Non-current Assets 1.4 8.5 7.3 11.8 Inventories 299.0 500.5 487.9 605.9 Trade Recievables 5.3 3.7 8.1 20.3 Other Curr
Slide 29: Debt Profile
DEBT PROFILE Net Worth Net Debt * 900 827 200 800 132 700 100 62 46 600 30-Sep-24 0 500 31-Mar-22 31-Mar-23 31-Mar-24 400 323 -100 300 200 -200 200 149 100 -300 0 -324 -400 Mar ‘22 Mar ‘23 Mar ‘24 Sept ‘24 Debt/Equity Net Debt to EBITDA 900 3.50 3.00 2.50 2.4 2.00 1.50 1. 1 1.00 0.3 0.50 0.74 0.43 0
Slide 30: Thank You
THANK YOU Company: Arkade Investor Relations Advisors: Developers Ltd. Adfactors PR Pvt.Ltd. Mr. Samshet Shetye CFO Rahul Trivedi / Shrusti Jain samshet@arkade.in | https://arkade.in rahul.trivedi@adfactorspr.com shrusti.jain@adfactorspr.com