Slide 1: Arihant Superstructures Ltd. – Investor Presentation cover letter
ARIHNT SUPERSTRUCTURES LTD. CO NTI NLUI NG STABI LI TY CONTI NUI NG STABI LI TY 060 February, 2021 Corporate Relations Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Plot No. C/1,G Block, Mumbai -
Slide 2: ASL Investor Presentation Q3-FY21
ASL Investor Presentation Q3-FY21 COMMODITY COAL DREDGING TRANSPORTATION OIL & GAS NSE : ARIHANTSUP BSE : 506194 ASL believes REAL ESTATE is a retail product with a BLOOMBERG : ARSU:IN flavour of an Asset Class.
Slide 3: Cautionary Statement and Disclaimer
Cautionary Statement and Disclaimer The views expressed here may contain information derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness, reasonableness or reliability of this information. Any forwa
Slide 4: CMD's Message
CMD’s Message Commenting on the real estate sector, Mr. Ashok Chhajer, CMD of Arihant Superstructures said, “We are overwhelmed by the end-user demand in the last 5 months that we clocked record sales of 551 units in Q3FY21, the highest quarterly sales till date. It’s been a combination of various f
Slide 5: "Arihant" Group
“Arihant” Group • One of the Largest real estate player in Affordable Housing since 2009 consisting of its 92% portfolio in affordable and mid income housing and having projects in hand for next 5 years • ASL has an edge in its operational areas – Navi Mumbai, MMR and Jodhpur regions • Delivered 100
Slide 6: Arihant Superstructures Ltd (ASL): At A Glance
Arihant Superstructures Ltd (ASL): At A Glance Company Profile CATEGORY-WISE PROJECT PROFILE 1. A leading real estate company focused on Affordable Luxury Segment 8% Middle Income Group (INR 2. Strong execution track record of project completion 8000+ psf) 3. Strong brand recognition in high growth
Slide 7: Strengths – Business Model
Strengths – Business Model Product Strategy Land Acquisition To have products across various stages of Fully paid up land bank for projects to be construction to serve varied customer needs executed in the next ten years; Land bank acquired at historical cost levels Sales and Marketing Development M
Slide 8: Our Value Creation Journey
Our Value Creation Journey 2000 2014 2017 2021 1994 Achieved a significant 2007 Successfully completes Successfully Nine Months record Launch of milestone of Successfully and delivers 4 mn square launched flagship of 997 units sold Real Estate completing 10 projects Completes and feet; Crossed Rs. 1
Slide 9: Board Of Directors
Board Of Directors Ashok Chhajer, Nimish Shah, Virendra Mittal, Promoter, CMD Whole-Time Director Independent Director ● Over 4 decades experience includes 2.5 ● A civil engineer with over 26 yrs experience in decades in the real estate business construction ● IIT Alumnus and a fellow chartered engi
Slide 10: Experienced and dedicated management team
Experienced and dedicated management team Akshay Agarwal, Abhishek Shukla, Deepak Lohia, Director - Procurement Chief Strategy Officer CFO ● MBA (Finance) and CFA (USA) with 15 years ● CA, having 23 years of experience in ● Dual specialization in Marketing experience in P&L Management, Fund Raising,
Slide 11: Q3-FY21 Highlights
Q3-FY21 Highlights Bookings of 551 Units equivalent to 531,827 sq. ft. Sales amounting to INR 236.50 Crores Highlights Construction Construction throughput has surpassed Pre-covid Highlights levels across all projects. Collection for Q3FY21 stands at INR 109.36 Crores Financials Total debt reduced b
Slide 12: Launch Tracker – FY21
Launch Tracker – FY21 New Phase Launches in FY21 Sr. No Project/ Phase Location Flats Tentative Timeline Category 1 Arihant 4Anaika Taloja 42 Launched in Q1FY21 Affordable Housing 2 Arihant Anmol Badlapur 100 Launched in Q2FY21 Affordable Housing 3 Arihant Aspire (New Phase) Panvel 528 Q4FY21 Mid-In
Slide 13: Sustainable Development
Sustainable Development Water Preservation Solar water heating Social Development by Rain water system, energy by supporting Rural harvesting & STP and efficient lighting and infrastructure, School Energy Conservation use of low VOC etc measures paints & adhesives Economic Participation in Eco-frien
Slide 14: CSR Initiatives
CSR Initiatives • Providing Ration to all laborers & their families staying at the sites during the Lockdown • Grant to Shri Maruti Mandir Trust (Palaspe) for education & livelihood enhancement projects • Construction of Road at Ekatpada village • Construction of Road at Koynaville village 13
Slide 15: Financial Snapshot
Arihant Superstructures Limited (ASL)
Slide 16: Capital Market Data
Capital Market Data Capital Market Details Shareholding Pattern Public BSE Scrip Code 506194 22.08% FPIs/Banks NSE Trading Symbol ARIHANTSUP & FIs 1% Bloomberg Code ARSU:IN Mutual Funds 2.92% GICS Sector Real Estate Market Cap as on Promoters 31st Dec, 2020 74% INR 1350.05 Mn (sources NSE closing pr
Slide 17: Key Investment Highlights
Key Investment Highlights Strategically Significant Large Land Bank Project Strong Focus On Superior Well-positioned Monetization Acquired At Funding Corporate Growth In High Growth Yet To Come Low Cost Secured Governance Profile Markets • Navi Mumbai – 2nd 2 Best Place in terms of ease of living In
Slide 18: Superior Track Record With Strong Brand Recall
Superior Track Record With Strong Brand Recall Key Strengths Average Sales Rate (INR per sq.ft.) 4 500 4310 4 199 4 070 4 000 3 795 3 500 3 000 2 500 2 000 FY17 FY18 FY19 FY20 Area Booked (mn sq.ft) Units Sold 0,9 0,84 932 0,77 1 000 874 0,8 0,7 0,63 800 706 0,6 0,47 527 0,5 600 0,4 400 0,3 0,2 200
Slide 19: Prudent Financial Management Leading To Superior Shareholder Value
Prudent Financial Management Leading To Superior Shareholder Value Strong Risk Superior cash flow Strategic Land Acquisition Management and management Internal Audits • Land acquired at historical prices • 15% -20% launch sales target • Strong and independent board • Honest and credible dealing with
Slide 20: Project Status: MUMBAI - MMR
Project Status : MUMBAI - MMR Estimated Total Area Project ATS* Amount Bal ATS Area Sold Area Unsold % Area Total Units % Units Average Value of Mumbai Project Location with Common Units Sold Completion Value (in Received Receivable (SqFt) (Sq.Ft) Sold Units Unsold Sold Rate Unsold Area Area % Mn) (
Slide 21: Project Status: MUMBAI - MMR
Project Status : MUMBAI - MMR ONGOING PROJECTS - JV/DM Arihant Aalishan - I Kharghar 458,608 244,317 214,291 53% 390 210 180 54% 30% 7,704 1,779 1,882 1,049 833 Arihant Aloki - II Karjat 34,867 27,031 7,836 78% 49 38 11 78% 63% 3,152 26 85 46 39 Arihant 3Anaika Taloja (Nr Kharghar) 213,437 173,012 4
Slide 22: Project Status: JODHPUR
Project Status: JODHPUR Total Area Project Estimated ATS* Amount Bal ATS Area Sold Area Unsold % Area Total Units % Units Average Jodhpur Project Location with Common Units Sold Completion Value of Value (in Received Receivable (SqFt) (Sq.Ft) Sold Units Unsold Sold Rate Area % Unsold Area Mn) (in Mn
Slide 23: Potential Recognizable Revenue
Potential Recognizable Revenue Revenue Details Revenue Recognition Method Revenue has been recognized as per IND AS 115 Revenue from Contracts with Customers' on fulfillment of the following conditions: - 10% of the construction and development of the project / phase of project is completed; and 25%
Slide 24: Financial Snapshot Q3 FY21
FINANCIAL SNAPSHOT Q3 FY 21 23
Slide 25: Q3 FY21 Financial Highlights
Arihant Superstructures Limited: Q3 FY21 Financial Highlights Consolidated Financial Highlights for Q3FY21 Vs. Q3FY20 Consolidated Financial Highlights for Q3FY21 Vs. Q2FY21 1. Revenue increased from INR 641.58 Mn to INR 736.17 1. Revenue increased from INR 647.82 Mn to INR 736.17 Mn. Mn. 2. EBITDA
Slide 26: Consolidated Income Statement
Consolidated Income Statement Amount in INR Mn except as stated Particulars Q3 FY21 Q3 FY20 Q2 FY21 Total Revenue 736.17 641.58 647.83 Total Operating Expenses 587.85 502.79 516.38 EBITDA 148.32 138.79 131.45 EBITDA Margin (%) 20.15 21.63 20.29 Interest 60.57 71.84 76.43 Depreciation 5.10 4.89 5.25
Slide 27: Standalone Net Worth & PAT for the Quarter ended 31st Dec, 2020
Standalone Net Worth & PAT for the Quarter ended 31st Dec , 2020 Company (INR mn) Net Worth (INR mn) PAT (INR mn) Arihant Superstructures Ltd 1,067.05 (23.27) Arihant Vatika Realty Private Limited 383.58 44.99 Arihant Aashiyana Private Limited 223.53 46.53 Arihant Abode Limited (31.22) (14.16) Ariha
Slide 28: Holding Company Debt Liability
Holding Company Debt Liability Entity Debt Liability of ASL Entity Holding (INR mn) (INR mn)* • The company accounts for & ASL 100% 601.12 601.12 have adopted the method of liabilities V/s Shareholding Vatika 60% 0.40 0.24 percentage. The debt on holding company is 100% liability of ASL. Aashiyana 6
Slide 29: Financial Pointers
Financial Pointers The Company’s Debt has been reduced from INR 369.52 Crores as on September 30, 2020 to INR 336.61 crores as on December 31, 2020. Secured debt reduced from 158.56 Crores as on September 30, 2020 to INR 133.49 Crores as on December 31, 2020. (As on March 2020 – INR 161.20 Crore
Slide 30: Financial Snapshot (previous years)
FINANCIAL SNAPSHOT (previous 4 years) 29
Slide 31: Consolidated Income Statement – INR Mn
Consolidated Income Statement – INR Mn Particulars FY 17 FY18 FY19 FY20 Total Revenue 1,862 1,893 2,422 2,376 Cos t of m aterials cons um ed 2,074 1,285 1,955 1,192 Changes in inventories -1130 -161 -511 336 Em ployee benefits expens e 85 127 138 121 Other Expens es 190 256 271 252 Total Expenses 12
Slide 32: Consolidated Balance Sheet – INR Mn
Consolidated Balance Sheet – INR Mn Eq u i t y a n d L i a b i l i t i e s F Y17 F Y18 F Y19 F Y2 0 Shar e Capi t al 412 412 412 412 Reser v es and Sur pl us 724 764 807 856 Net wor t h 1136 1176 1218 1268 Mi nor i t y Shar e 79 98 139 200 Long Ter m Bor r owi ngs 2013 1719 2377 3168 Shor t Ter m Bo
Slide 33: Financial Performance
Financial Performance Total Revenues (Rs Mn) EBITDA (Rs Mn) Net Debt/Equity (x)* 3 000 700 643 2 422 3,50 2 376 569 3,10 3,05 2 500 600 1 862 1 893 476 3,00 2 000 500 385 1 500 400 2,50 2,17 2,25 1 000 300 2,00 500 200 1,50 100 - FY17 FY18 FY19 FY20 FY17 FY18 FY19 FY20 - FY17 FY18 FY19 FY 20 *The de
Slide 34: The Road Ahead – FY22
The Road Ahead – FY22 REVENUE MARGIN FUTURE PLANS DRIVERS DRIVERS Fast tracking of Navi Mumbai Infrastructure projects to boost Efficiency in low cost land purchase To infuse funds for land purchase to demand from home buyers take current developable area from 14 mn sq. ft. to 25 mn sq. ft. To add m
Slide 35: Awards and Accolades
Awards and Accolades 2019 2018 Zee Business Award – Developer of the Year, Iconic Award by IGBC PreCertified Platinum Affordable Housing Project of 2019 – Affordable Radio City for Rating for Aspire project, July the Year – Arihant Arshiya Housing Arihant Aspire, Sept 2018 2018 2017 2018 Arihant Adi
Slide 36: Past Awards and Accolades
Past Awards and Accolades 2015 2016 Best Business Winner of Mumbai Best Corporate Most Esteemed Ongoing NDTV awards Arihant as the Practice Award in 2015 Hot 50 Brands by Brands 2016- Real Project of the Year – best developer in affordable for 2014 One India and Paul Estate by the Navbharat Realty B
Slide 37: Navi Mumbai 2nd in List Of Best Cities To Live In India during COVID-19
Navi Mumbai 2nd in List Of Best Cities To Live In India during COVID-19 • The 'Ease of Living' index is an initiative of the Ministry of Housing and Urban Affairs to assess the most livable cities all over India and rank them on a 100 point scale. The report evaluated 111 cities on a 100-point scale
Slide 38: Residential Projects - Ongoing
Residential Projects - Ongoing Sr. Project Location Est. Sale Area Ind AS Business Status No. (sq. ft.) Classification Model 1 Arihant Arshiya Khopoli 16,00,000 Own 100% owned Ongoing 2 Arihant Aarohi Kalyan Shil Rd. 2,65,353 Own 100% owned Ongoing 3 Arihant Anshula Taloja (Nr. Kharghar) 5,13,110 Ow
Slide 39: Residential Projects – Ongoing & Forthcoming
Residential Projects – Ongoing & Forthcoming Sr. Project Location Est. Sale Ind AS Business Model Status No. Area (sq. ft.) Classification 11 Arihant Aspire Panvel 31,52,869 Own 100% owned Ongoing 12 Arihant Anamika Vashi 3,60,000 Own 100% owned Forthcoming 13 Future Projects Taloja 1,60,000 Own 100
Slide 40: Thank you !!
Thank you !! For further Information please contact Abhishek Shukla CSO Tel: +91 22 6249 3333 / 9619195775 Email: abhishek.shukla@asl.net.in Corporate Office: Arihant Aura, Floor No. 25, B wing, Plot no 13/1, TTC Industrial Area, Thane Belapur Road, Turbhe, Navi Mumbai – 400705, Maharashtra 39