Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY22 Earnings Presentation
33 slides from Ashiana Housing's earnings presentation, Aug 11, 2021
Slide 1: Filing cover letter to BSE and NSE
Qa ss you hisne are in Safe hands Date: 11" August 2021 To To The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Phiroze Jeejeebhoy ‘l'owers Exchange Plaza, Plot no. C/1, G Block Dalal Street, Bandra-Kurla Complex, Bandra (E) Mumbai - 400 001 Mumbai - 400 051 | Security Code
Slide 2: For the Quarter ended 30th June 2021
For the Quarter ended 30th June 2021 BSE: 523716 | NSE: ASHIANA | BLOOMBERG: ASFI:IN| REUTERS: AHFN.N S | WWW.ASHIANAHOUSING.COM © 2020, ASHIANA HOUSING LIMITED. ALL RIGHTS RESERVED.
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 Booking lower at 1.51 Lakhs Sq. ft.(Q1FY22) vs. 8.30 Lakhs Sq. ft (Q4FY21). The bookings in this quarter were lower due to lockdown and higher sales in Q4 FY21 due to launch of Ashiana Aditya Ph 2 and Ashiana Umang Ph 5 Area constructed lower at 2.90 Lakhs Sq. ft. (Q1FY22) v
Slide 8: Quarterly Operational Overview
Quarterly Operational Overview 9.00 8.30 8.00 7.00 Area booked was lower in Q1 FY22 as compared to 6.00 previous quarter. 5.00 3.90 4.00 2.89 3.00 2.00 1.51 1.21 1.00 0.81 0.00 Equivalent Area Constructed Area Booked Q1 FY21 Q4 FY22 Q1 FY22 Note : * Equivalent Area Constructed (EAC) excludes EWS/L
Slide 9: Quarterly Financial
Quarterly Financial 90 81 80 70 67 60 50 Pre-Operating Cash Flows were positive at 40 38 INR 29.6 Crores for Q1FY22. 40 30 30 20 11 10 -3 -6 -6 0 -10 Pre-Tax Operating Cash Profit/(Loss) After Tax Sales and Other Income Flow Q1 FY21 Q4 FY21 Q1 FY22 © Ashiana Housing Limited, All Rights Reserved. 8
Slide 10: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Particulars Equivalent Area Area Delivered & Recognized Value of Area Booked Area Booked Constructed* for Revenue AHL 42.51 1.23 2.20 0.65 FY22 Quarter 1 Partnership 9.69 0.28 0.70 0.16 Total 52.20 1.51 2.89 0.81 AHL 458.6
Slide 11: Quarterly Sales Trend
Quarterly Sales Trend Project Location FY19 Q4 FY20 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY21 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY22 Q1 AHL (Area in Sq. Ft.) Aangan Neemrana - - - - (251) - (690) 3,750 (1,199) 1,450 Anmol Gurgaon 14,660 7,650 17,020 5,015 2,088 1,515 350 38,055 60,895 2,550 Tarang Bhiwadi 10,035 19,
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 Project Phases Area Booked Received Constructed (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.)* Ashiana Housing Limited Bhiwadi Nirmay 3 2.35 1.82 66
Slide 13: Cash Flow Position in Ongoing Projects
Cash Flow Position in Ongoing Projects Sale Value of Amount Equivalent Area Entity Saleable Area Area Booked Area Booked Received Constructed * (Lakhs Sq. ft.) (Lakhs Sq. ft.) (INR Crores) (INR Crores) (Lakhs Sq. ft.) Ashiana Housing Limited 34.59 23.51 831.89 440.32 13.53 Partnership 6.74 3.55 116.
Slide 14: 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. 13
Slide 15: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects 1% 13% 10% 5% 49% 22% Bhiwadi Chennai Jodhpur Jamshedpur Jaipur Pune © Ashiana Housing Limited, All Rights Reserved. 14
Slide 16: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Saleable Area Area Booked Timeline as per Expected Customer Location Project Phase Economic Interest Project Type (Lakhs Sq. ft.) (Lakhs Sq. ft.) RERA** Handover Date Bhiwadi Nirmay 3 100% Senior Living 2.35 1.82 Q3FY23 Q4FY22 Bhiwadi Tarang 3
Slide 17: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) 1% 2% 1% 2% 7% 10% 12% 30% 34% 7% 0% Q1 FY22 0% Q4 FY21 1% 37% 45% 9% 2% Bhiwadi Gurgaon Pune Neemrana Bhiwadi Gurgaon Pune Jaipur Chennai Jodhpur Gujarat Neemrana Jaipur Chennai Jamshedpur Jodhpur Gujarat 2% 2% 4% 1% 4% 3% 9% 24% 36% Q2 FY21 Q3 FY21 41% 11% 7% 8% 1% 46
Slide 18: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY20 FY21 Equivalent Area Lakhs Sq. ft. 22.80 23.44 17.39 8.16 7.68 9.85 11.66 Constructed* Area Booked Lakhs Sq. ft. 18.12 8.63 6.96 6.93 10.79 19.82 14.97 Value of Area Booked INR Lakhs 54,772 28,421 22,508 21,736 33,262 67,163
Slide 19: Quarterly Operational Data
Quarterly Operational Data Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Particulars Unit FY20 FY20 FY20 FY21 FY21 FY21 FY21 FY22 Equivalent Area Lakhs Sq.ft. 2.04 2.39 3.27 1.21 3.01 3.54 3.90 2.89 Constructed* Area Booked Lakhs Sq.ft. 2.37 9.78 4.14 0.81 2.29 3.57 8.30 1.51 Value of Area Booked INR Lakhs 8,058 32,763 1
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 15 FY 16 FY 17 FY 18 FY 19 FY20 FY21 Sales & Other Income INR Crores 164.44 542.67 397.02 334.92 350.63 317.55 259.31 Operating Expenditure INR Crores 105.42 385.47 291.00 266.92 303.37 316.84 241.11 EBITDA INR Crores 59.02 157.20 106.02 68.00
Slide 22: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q2FY20 Q3FY20 Q4FY20 Q1FY21 Q2FY21 Q3FY21 Q4FY21 Q1 FY22 Sales & Other Income INR Crores 75.38 76.82 98.59 38.19 50.05 89.71 81.36 40.43 Operating Expenditure INR Crores 80.74 76.73 89.55 36.98 49.24 71.23 83.66 44.10 EBITDA INR Crores (5.36) 0.0
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 4 ,5 & 6 100% 7.51 Bhiwadi Ashiana Gama 1 100% 14.00 Bhiwadi Nirmay 4&5 100% 2.41 Jaipur Umang 6 100% 2.12 Jaipur Ashiana Amantran 3 75% of Revenue Share 3.52 Gurgaon Anmol 2&3 65% of Revenu
Slide 25: Land available for Future Development
Land available for Future Development Estimated Estimated Land Location Land Saleable Area Economic Interest Proposed Development Area (Acres) (Lakhs Sq. ft) Bhiwadi Milakpur Land 40.63 31.00 100% Comfort Homes/ Senior Living Pune Ashiana Malhar 11.34 11.80 68% Revenue Share Comfort Homes Pune Varal
Slide 26: Completed Projects having Inventory
Completed Projects having Inventory Total Area Area Booked and Unbooked Saleable Booked Area Recognised Unrecognised for Location Project Phases Share in Project Type Area Area (Lakhs Sq. ft.) for Revenue Revenue (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang
Slide 27: Shareholding Pattern as on 30th June 2021
Shareholding Pattern as on 30th June 2021 Shareholding Pattern Institutional Holding above 1% No. of % Rank Fund / Institution Shares Holding 28% ICICI Prudential Equity & 1 60,50,976 5.91% Debt Fund 2 PGIM India Flexi Cap Fund 12,00,000 1.17% 0% 61% 11% 3 SBI Small Cap Fund 34,16,516 3.34% Promoter
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 Comfort Homes, Senior Living & Kid Centric Homes Segments Areas of Jaipur, Bhiwadi, Jodhpur, Jamshedpur, Neemrana, South Operation of Gurgaon (Sohna), Lavasa, Halol,
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: 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. 32