Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q4 FY2018 Earnings Presentation
32 slides from Ashiana Housing's earnings presentation, Mar 31, 2018
Slide 1: Investor Update For the quarter ended 31st Mar, 2018
Investor Update For the quarter ended 31st Mar, 2018 BSE: 523716 | NSE: ASHIANA | Bloomberg: ASFI:IN| Reuters: AHFN.NS www.ashianahousing.com © 2014, Ashiana Housing Limited. All Rights Reserved.
Slide 2: 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 3: Glossary
Glossary Total saleable area of the entire project corresponding to 100% economic interest of all Saleable Area 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 4: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures FY2018 4
Slide 5: Highlights and Overview
Highlights and Overview 01 Highlights and Overview Highlights Operational Overview Financial Overview Quarterly Performance Cash Flow Position FY2018 5
Slide 6: Highlights
Highlights Booking area further improved to 2.21 L a kh s Sq. ft. (Q4FY18) vs 1.05 L a khs Sq. ft. (Q4FY17), an improvement of 111% . Yearly booking area at 6.93 lakhs sq. ft was in line with last year area booked of 6.96 lacs sq. ft. Area constructed decreased to 1.87 L a k h s Sqft (Q4 F Y1 8
Slide 7: Highlights Contd…
Highlights Contd… Ashiana Housing Limited (AHL) and International Finance Corporation (IFC), a part of World Bank Group, have entered into an agreement to co-invest in upcoming affordable and middle income residential projects including in senior living projects. The agreement envisages a total in
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 5.00 4.50 4.38 4.00 Area booked increased by 35% 3.50 compared to previous quarter and 3.00 increased by 111% compared to In lakhs sq ft corresponding quarter of previous year 2.50 2.21 2.02 2.00 1.87 Area Constructed lower by 7% 1.64 compared to previous quarter. Our
Slide 9: Quarterly Financial Overview
Quarterly Financial Overview 250 230 210 194 190 Sales & Other Income increased by 213% 170 compared to previous quarter. 150 130 (In Crores) 107 Q4 FY17 110 Q3 FY18 90 Q4 FY18 70 50 34 34 30 14 10 -4 -10 -4 -2 Profit/(Loss) Sales and Other -9 Pre - Tax After Tax Income -30 Operating Cash Flows FY20
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered & Value of Area Equivalent Area Particulars Area Booked Recognised for Booked Constructed* Revenue AHL 154.21 4.77 6.39 8.91 FY 18 Partnership 63.15 2.17 1.77 3.78 Total 217.36 6.93 8.16 12.69 AHL 59.26 1.76
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend AHL Project Location Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Aangan Neemrana Neemrana 1,450 251 (1,450) - - - - (1,150) Anantara Jamshedpur 7,815 1,180 11,940 - - - - - Anmol Gurgaon 14,530 8,190 7,745 7,745 3,585 9,370 3,825 12,845 Tarang Bhiwadi 6,122 15,332 3
Slide 12: ProjectWise Cash Flow Position in Ongoing Projects
ProjectWise Cash Flow Position in Ongoing Projects Lakhs Sq. ft. Lakhs Sq. ft. INR Crores INR Crores Lakhs Sq. ft. Equivalent Sale Value of Amount Area Entity Location Projects Phases Saleable Area Area Booked Area Booked Received Constructed* AHL Bhiwadi Nirmay Phase 2 1.17 0.08 2.48 0.23 0.19 Bhiw
Slide 13: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Lakhs Sq. ft. Lakhs Sq. ft. INR Crores INR Crores Lakhs Sq. ft. Equivalent Sale Value of Amount Area Entity Saleable Area Area Booked Area Booked Received Constructed* AHL 11.28 4.41 157.68 112.61 6.49 Partnership 6.30 1.92 51.15 34.10 2.20 Grand Total 17.58 6.
Slide 14: Ongoing Projects
02 Ongoing Projects Geographical Presence Ongoing Projects Summary Break up of Area Booked Yearly Data and Projections Quarterly Data FY2018 14
Slide 15: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune, 4% Jodhpur, 6% Bhiwadi, 21% Bhiwadi Chennai Gujarat Chennai, 8% Gurgaon Jaipur Jaipur, 36% Jodhpur Pune Gujarat, 1% Gurgaon, 24% FY2018 15
Slide 16: Ongoing Projects Summary
Ongoing Projects Summary Lakhs Sq. ft. Lakhs Sq. ft. Expected Completion Location Projects Phases Share in Project Saleable Area Area Booked Date Bhiwadi Nirmay Phase 2 100% 1.17 0.08 Q1FY22 Bhiwadi Surbhi Phase 5 100% 0.27 0.13 Q1FY20 Bhiwadi Tarang Phase 1 100% 2.28 1.56 Q1FY20 73.75 % of Chennai
Slide 17: Break-Up of Area Booked (QoQ)
Break-Up of Area Booked (QoQ) Q1FY18 Q4FY18 Pune Pune, 4% Jodhpur 4% Jodhpur, 2% Bhiwadi, 20 3% % Bhiwadi 32% Chennai, 10 Jaipur % 30% Jaipur, 54% Gujarat, 8% Chennai Gurgaon, 2% Gurgaon 25% 6% Pune 7% Q2FY18 Q3FY18 Bhiwadi Pune, 4% Jodhpur 16% Jodhpur, 9% Bhiwadi, 24% 4% Chennai 6% Gujarat 4% Gurga
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 Equivalent Area Lakhs Sq. ft. 12.27 17.87 22.8 23.44 17.39 8.16 Constructed* Area Booked Lakhs Sq. ft. 18.65 22.13 18.12 8.63 6.96 6.93 Value of Area Booked INR Lakhs 50,335 64,756 54,772 28,421 22,508 21,736 Average Realiz
Slide 19: Quarterly Operational Data
Quarterly Operational Data Particulars Units Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 4.40 4.66 4.38 2.40 1.87 2.02 1.87 Equivalent Area Constructed* Lakhs Sq. ft. 2.11 1.39 1.05 1.51 1.57 1.64 2.21 Area Booked Lakhs Sq. ft. 6,742 4,579 3,251 4,872 4,599 5,160 7,105 Value of Area Booked Lakh
Slide 20: Financials
03 Financials Financial Summary YoY Financial Summary QoQ FY2018 20
Slide 21: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 12 FY 13 FY 14 FY 15 FY 16 FY 17 FY 18 Sales and Other Income INR Crores 248.98 161.42 122.80 164.44 542.67 397.02 334.92 Operating Expenditure INR Crores 159.30 113.75 90.91 105.42 385.47 291.00 266.92 EBITDA INR Crores 89.67 47.67 31.89 59.0
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY17 Q2FY17 Q3FY17 Q4FY17 Q1FY18 Q2FY18 Q3FY18 Q4FY18 Sales and Other Income INR Crores 24.32 124.60 54.12 193.98 77.66 116.01 34.21 107.04 Operating Expenditure INR Crores 27.07 88.33 34.54 141.06 67.82 78.27 35.18 85.65 EBITDA INR Crores (2.7
Slide 23: Future Outlook
04 Future Outlook Future Projects Summary Land available for Future Development Completed Projects having Inventory FY2018 23
Slide 24: Future Projects Summary
Future Projects Summary Lakhs Sq. ft. Location Projects Phases Share in Project Saleable Area Bhiwadi Tarang Phase-2,3 & 4 100% 9.32 Bhiwadi Ashiana Gamma Phase-1 100% 18.45 Bhiwadi Nirmay Phase-3,4&5 100% 4.77 73.75 % of Revenue Chennai Shubham Phase-3,4&5 Share 6.57 Gurgaon Anmol Phase-2 & 3 65 %
Slide 25: Land available for Future Development
Land available for Future Development Acres Lakhs Sq. ft. Estimated Land Estimated Location Land Proposed Development Area Saleable Area Bhiwadi Milakpur Land 40.63 31.00 Comfort Homes/ Senior Living Jaipur Ashiana Amantran 8.84 9.00 Comfort Homes/ Senior Living Kolkata Uttarpara 19.72 14.88 Comfort
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Booked & Area Recognised Unrecognised Unbooked Location Projects Phase Share in Project Type Saleable Area Booked Area For Revenue For Revenue Area Bhiwadi Nirmay Phase-1 100% Senior Living
Slide 27: Shareholding Pattern as on 31st March, 2018
Shareholding Pattern as on 31st March, 2018 Promoter Institutional Holding above 1% Others & Promoter Ran Fund / Institution No. of Shares % 29% Group k Holding 61% 1 Goldman Sachs 28,94,502 2.83% ICICI Prudential Balanced 2 22,59,790 2.21% Fund FII & FPI 3 SBI MF 19,90,000 1.94% 4% MF & DSP Blackro
Slide 28: Contact Information
Contact Information For Any Queries, Contact Investor Relations Ashiana Housing Ltd. E:investorrelations@ashianahousing.com T: (+91) 11 4265 4265 FY2018 28
Slide 29: Annexure
05 Annexure About Ashiana Business Model Accolades Abbreviations FY2018 29
Slide 30: Business Model
Business Model In house end-to-end construction capabilities – Ensure higher control over cost and High quality in- quality and flexibility in execution house construction Focus on use of high quality and efficient construction methodologies & techniques to help reduce time and cost Instead of
Slide 31: Accolades
Accolades @asshisna you are in safe hands Awards & Recognitions 2016 Ashiana Dwarka, Jodhpur awarded as 2015 CNBC Awaaz felicitated Ashiana Housing Budget Project of the Limited with Year 2016 by NDTV One of the Most Property Awards Promising Company of the Next Decade Received Bhamashah award for C
Slide 32: Abbreviations
Abbreviations Sq. ft.: Square Feet EAC: Equivalent Area Constructed PAT : Profit after Tax 32 FY2018