Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2025 Earnings Presentation
36 slides from Ashiana Housing's earnings presentation, Aug 13, 2024
Slide 1: Exchange submission letter for revised investor update
Date: 13th August 2024 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, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 Security Code No.: 523716 NSE Symbol: ASHIANA Sub:
Slide 2: Investor Update June 2024
Investor Update June 2024 BHIWADI | GURUGRAM | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | NEEMRANA MUMBAI | NEW DELHI | BENGALURU | AUSTRALIA | SINGAPORE BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.NS | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESER
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 Value of Area Booked recorded at 235.32 Crores (Q1FY25) vs Rs 862.54 Crores (Q4FY24). We had sold 3.77 lakh sq ft (value of Area booked Rs 440.44 Crores) in ‘Ashiana Amarah Phase 3’ in Q4FY24. There was no stock to sell in Gurugram in Q1FY25. Area constructed at 4.91 lakhs s
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 12.00 10.60 10.00 Area booked was 4.43 lakh sq ft in Q1FY25 vs 10.60 8.00 lakh sq ft in Q4FY24 . We had sold 3.77 lakh sq ft 6.97 6.53 (value of Area booked Rs 440.44 Crores) in ‘Ashiana 6.00 Amarah Phase 3’ in Q4FY24. There was no 4.91 4.43 4.35 inventory to sell in
Slide 9: Quarterly Financial Overview
Quarterly Financial Overview Sales and Other income was recorded at Rs 128.51 Crores in Q1FY25 vis a vis Rs 296.96 Crores in Q4FY24 PAT is reported at negative Rs 5.45 Crores in Q1FY25 from Rs 17.38 Crores in Q4FY24 Pre – Tax Operating Cashflow recorded at Rs 74.92 Crores in Q1FY25 vs Rs 92.20
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered Period Entity Value of Area Equivalent Area Area Booked & Recognized Booked Constructed* for Revenue AHL 234.56 4.41 4.76 2.12 Q1FY25 Partnership 0.76 0.01 0.15 0.01 Total 235.32 4.43 4.91 2.14 AHL 1775.27 2
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend (Area in Sq. Ft. ) Location Projects Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 AHL Neemrana Aangan Neemrana 1,450 - -460 - - Gurugram Anmol 1,81,226 1,28,714 69,121 59,177 37,964 6,679 7,313 3,411 Gurugram Amarah - 3,95,360 - 3,76,880 - - 3,76,880 - Bhiwadi Tarang
Slide 12: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Sale Value of Amount Equivalent Area Saleable Area Area Booked Location Projects Phase Area Booked Received Constructed (Lakhs sq ft) (Lakhs sq ft) (INR Crores) (INR Crores) (Lakhs sq ft) Bhiwadi Tarang Phase 4A 0.65 0.62 26.46 17.77 0.51 Bhiwadi T
Slide 13: 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. 12
Slide 14: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune Bhiwadi 12% 16% Jodhpur 3% Jamshedpur 7% Chennai 9% Jaipur 25% Gurgaon 28% © Ashiana Housing Limited, All Rights Reserved. 13
Slide 15: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Saleable Area Possession Expected Ownership Location Projects Phase Type Economic Interest Area Booked Timeline as per Customer (Lakhs sq ft) (Lakhs sq ft) RERA Handover Date AHL Bhiwadi Tarang Phase 4A Premium Homes 100% Ownership 0.65 0.62 Q3
Slide 16: Year wise Deliveries of Ongoing Projects
Year wise Deliveries of Ongoing Projects Saleable Sale Value of Unsold Expected Customer Year Location Projects Phase Area Area Booked Area Handover Date (Lakhs sq ft) (INR Crores) (Lakhs sq ft) Chennai Shubham Phase 4 2.46 115.17 0.01 Started Handover • Year on year revenues Bhiwadi Tarang Phase 4A
Slide 17: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) Jodhpur 3% Pune Bhiwadi 12% 7% Chennai Pune Jodhpur Jamshedpur 5% 17% 3% 4% Bhiwadi 31% Jamshedpur 2% Gurgaon 36% Chennai Jaipur 7% 33% Jaipur Gurgaon 39% Q1FY25 1% Q4FY24 Pune Bhiwadi 13% Bhiwadi Jodhpur 16% Pune 24% 2% Gurgaon, 30% 7% Chennai Jodhpur Chennai Jamshedpu
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Equivalent Area Lakhs Sq. ft. 23.44 17.39 8.16 7.68 9.85 11.66 16.20 16.73 20.68 Constructed* Area Booked Lakhs Sq. ft. 8.63 6.96 6.93 10.79 19.82 14.97 14.76 25.86 26.40 Value of Area Booked INR Lakhs 28,
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Equivalent Area Lakhs Sq. ft. 5.07 3.85 4.38 3.42 5.08 4.35 4.59 4.77 6.97 4.91 Constructed* Area Booked Lakhs Sq. ft. 4.53 3.34 4.90 9.03 8.59 6.53 5.92 3.35 10.60 4.43 Value of Area Bo
Slide 20: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 19
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 FY 24 Sales and Other Income INR Crores 334.92 350.63 317.55 259.31 233.59 425.19 966.52 Operating Expenditure INR Crores 266.92 303.37 316.84 241.11 230.71 379.41 847.22 EBITDA INR Crores 68.00 47.26 0.72 18.2
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Sales and Other Income INR Crores 81.22 91.72 135.31 116.94 129.29 351.02 189.25 296.96 128.51 Operating Expenditure INR Crores 65.24 91.63 119.67 102.88 113.33 312.76 151.75 269.38 1
Slide 23: 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. 22
Slide 24: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Tarang 5b & 6, 7 and 8 100% Ownership 4.95 Bhiwadi Advik 3,4 & 5 100% Ownership 7.74 Jaipur Ekansh 4 77.25% Revenue Share 3.07 Jaipur Nitara 2 and 3 80.20% Revenue Share 5.23 Jaipur One44 2 77.40%
Slide 25: Land available for Future Development
Land available for Future Development Estimated Area Estimated Saleable Area Location Land/ Project Name Proposed Development (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur 40.63 31.00 Premium Homes*/ Senior Living Gurugram Sec 80, HSIIDC Land 10.80 10.30 Premium Homes/ Kid Centric Homes Jaipur New Land Ja
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Saleable Area Booked Area Unbooked Area Location Projects Phase Share in Project Type (Lakhs sq ft) (Lakhs sq ft) (Lakhs sq ft) Bhiwadi Ashiana Town 1, 2, & 3 100% Ownership Kid Centric Homes 15.33 14.34 0.99 Bhiwadi Surbhi 1-5 & Plaza 100% Ownership Premium Homes
Slide 27: Shareholding Pattern as on 30th Jun 2024
Shareholding Pattern as on 30th Jun 2024 Shareholding Pattern Institutional Holding above 1% Rank Fund / Institution No. of Shares % Holding Others 1 India Capital Fund Limited 75,41,504 7.50% 23.57% 2 SBI Contra Fund 67,77,186 6.74% Investor Education And 3 Protection Fund Authority 34,63,958 3.45%
Slide 28: 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 29: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 28
Slide 30: About Ashiana
About Ashiana Incorporation / 1979 in Patna, New Delhi Headquarters Industry Real Estate with focus on residential apartments Business Premium Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, Operation Gurugram, Pune and Chennai 302.91 lakhs
Slide 31: 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 32: 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 33: Accolades
Accolades Awards & Recognitions 2021 2022 2023 2024 • Bestowed with our 9th Bhamashah award for Shiksha • Ranked as India’s No. 1 • Ranked as India’s No. 1 • Received Bhamashah Award from the Govt. of Bhushan in recognition of our commitment to education in Rajasthan Senior Living Brand 4 Senior Liv
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
Slide 35: 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 36: 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