Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q1 FY2024 Earnings Presentation
32 slides from Ashiana Housing's earnings presentation, June 2023
Slide 1: Investor Update
Investor Update June 2023 BHIWADI | GURUGRAM | PUNE | CHENNAI | JAIPUR | JAMSHEDPUR | JODHPUR | HALOL | 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 RIGH
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 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 4: Contents
Contents 01 Highlights and Overview 02 Ongoing Projects 03 Financials 04 Future Outlook 05 Annexures © Ashiana Housing Limited, All Rights Reserved. 4
Slide 5: 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 6: Quarterly Highlights
Quarterly Highlights Ashiana Amarah’s second phase launched in April and entire stock sold out on launch (224 units with a sale value of Rs 290 Crores). Handover commenced in Ashiana Daksh, Jaipur (Phase 2 – 2.35 lakhs sq ft). Value of Area Booked recorded at 436.20 Crores (Q1FY24) vs INR 435.
Slide 7: Quarterly Operational Overview
Quarterly Operational Overview 10.00 9.00 8.59 8.00 7.00 Area booked was 6.53 lakh sq ft in Q1FY24 vs 8.59 6.53 Lakh Sq Ft in Q4 FY23. 6.00 5.08 EAC was 4.35 Lakh sq ft in Q1FY24 vs 5.08 Lakh Sq 5.00 4.35 Ft in Q4 FY23 4.00 3.85 3.34 3.00 2.00 1.00 0.00 Equivalent Area Constructed* Area Booked Q
Slide 8: Quarterly Financial Overview
Quarterly Financial Overview Sales and Other income was recorded at INR 129.29 Crores in Q1FY24 vis a vis INR 116.94 Crores in Q4FY23 PAT was improved to INR 10.87 Crores for Q1FY24 from INR 10.38 Crores for Q4FY23 Pre – Tax Operating Cashflow was recorded at INR 83.15 Crores in Q1FY24 vs INR
Slide 9: Quarter wise Performance
Quarter wise Performance INR Crores Lakhs Sq. ft. Lakhs Sq. ft. Lakhs Sq. ft. Area Delivered & Period Entity Equivalent Area Value of Area Booked Area Booked Recognized for Constructed* Revenue AHL 427.54 6.35 4.32 2.94 FY24 Quarter 1 Partnership 8.66 0.18 0.02 0.38 Total 436.20 6.53 4.35 3.32 AHL 1
Slide 10: Quarterly Sales Trend
Quarterly Sales Trend (Area in Sq. Ft. ) Location Projects Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 AHL Neemrana Aangan Neemrana 1,450 - - 1,450 Gurgaon Anmol 28,495 85,788 58,126 1,04,384 1,81,226 1,28,714 69,121 59,177 Gurgaon Ashiana Amarah - - 3,95,360 - 3,76,880 Bhiwadi Tarang 15
Slide 11: Project wise Cash Flow Position in Ongoing Projects
Project wise Cash Flow Position in Ongoing Projects Equivalent Sale Value of Amount Salable Area Area Booked Area Ownership Location Projects Phase Area Booked Received (Lakhs sq ft) (Lakhs sq ft) Constructed (INR Crores) (INR Crores) (Lakhs sq ft) Bhiwadi Nirmay Phase 4 2.08 1.82 68.87 43.06 1.84 B
Slide 12: 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 13: Geographical Presence
Geographical Presence Saleable Area of Ongoing Projects Pune Jodhpur 4% Bhiwadi 5% 13% Jamshedpur Chennai 14% 7% Gurugram 24% Jaipur 33% © Ashiana Housing Limited, All Rights Reserved. 13
Slide 14: Ongoing Projects Summary – Expected Completion Timeline
Ongoing Projects Summary – Expected Completion Timeline Possession Expected Salable Area Area Booked Location Projects Phase Type Economic Interest Timeline as Customer (Lakhs sq ft) (Lakhs sq ft) per RERA Handover Date Bhiwadi Nirmay Phase 4 Senior Living 100% Ownership 2.08 1.82 Q3FY25 Q3FY24 Bhiw
Slide 15: Year wise Deliveries
Expected Salable Area Year wise Deliveries Year Location Projects Phase (Lakhs sq ft) Customer Handover Date Bhiwadi Tarang Phase 3 1.14 Q2FY24 Bhiwadi Nirmay Phase 4 2.08 Q3FY24 Chennai Shubham Phase 4 2.46 Q4FY24 Jaipur Amantran Phase 1 3.58 Q2FY24 Jaipur Amantran Phase 2 1.20 Q3FY24 FY24 Jaipur D
Slide 16: Break Up of Area Booked (QoQ)
Break Up of Area Booked (QoQ) PuneBhiwadi Chennai Jamshedpur 5% 8%Gurugram 10% 0.41% 8% Jaipur Jodhpur 12% Jamshedpur 1% Chennai 31% Neemrana 11% 0.22% Bhiwadi 7% Pune Gurugram 3% 67% Q1FY24 Q4 FY23 Jaipur 37% Jamshedpur Jodhpur Jamshedpur Jodhpur 2% 4% 2% 2% Bhiwadi Chennai Bhiwadi Jaipur 17% 4% 13
Slide 17: Yearly Operational Data
Yearly Operational Data Particulars Unit FY 15 FY 16 FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 Equivalent Area Constructed* Lakhs Sq. ft. 22.8 23.44 17.39 8.16 7.68 9.85 11.66 16.20 16.73 Area Booked Lakhs Sq. ft. 18.12 8.63 6.96 6.93 10.79 19.82 14.97 14.76 25.86 Value of Area Booked INR Lakhs 54,7
Slide 18: Quarterly Operational Data
Quarterly Operational Data Particulars Unit Q4FY21 Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Equivalent Area Constructed* Lakhs Sq. ft. 3.90 2.89 4.50 3.73 5.07 3.85 4.38 3.42 5.08 4.35 Area Booked Lakhs Sq. ft. 8.30 1.51 4.51 4.21 4.53 3.34 4.90 9.03 8.59 6.53 Value of Area Boo
Slide 19: Financials
Financials 01 Financial Summary YoY 02 Financial Summary QoQ © Ashiana Housing Limited, All Rights Reserved. 19
Slide 20: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars Unit FY 17 FY 18 FY 19 FY 20 FY 21 FY 22 FY 23 Sales and Other Income INR Crores 397.02 334.92 350.63 317.55 259.31 233.59 425.19 Operating Expenditure INR Crores 291.00 266.92 303.37 316.84 241.11 230.71 379.41 EBITDA INR Crores 106.02 68.00 47.26 0.
Slide 21: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars Unit Q1FY22 Q2FY22 Q3FY22 Q4FY22 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Sales and Other Income INR Crores 40.43 60.69 54.19 78.28 81.22 91.72 135.31 116.94 129.29 Operating Expenditure INR Crores 44.10 63.33 55.08 68.19 65.24 91.63 119.67 102.88 113.33 EB
Slide 22: 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 23: Future Projects Summary
Future Projects Summary Saleable Area Location Project Phase Economic Interest (Lakhs Sq. ft.) Bhiwadi Ashiana Tarang 5&6 100% 6.11 Bhiwadi Ashiana Advik 2,3,4 & 5 100% 10.57 Jaipur Ashiana Ekansh 3&4 77.25% Revenue Share 4.88 Jaipur Ashiana Nitara All 80.20% Revenue Share 6.50 Jaipur The Amaltas by
Slide 24: Land available for Future Development
Land available for Future Development Estimated Area Estimated Saleable Area Location Land/ Project Name Economic Interest Proposed Development (Acres) (Lakhs Sq. ft) Premium Homes*/ Senior Bhiwadi Milakpur 40.63 31.00 100% Living Premium Homes /Senior Kolkata Ashiana Maitri/Nitya 19.72 14.88 85% Re
Slide 25: Completed Projects having Inventory
Completed Projects having Inventory Location Projects Phase Share in Project Type Saleable Area Booked Area Unbooked Area Bhiwadi Ashiana Town 1, 2, & 3 100% Kid Centric Homes 15.33 13.90 1.43 Bhiwadi Surbhi 1-5 & Plaza 100% Premium Homes 4.02 3.59 0.44 Gujarat Navrang 1, 2 & 3 81 % of Revenue Premi
Slide 26: Shareholding Pattern as on 30th June 2023
Shareholding Pattern as on 30th June 2023 Shareholding Pattern Institutional Holding above 1% Others 23.43% Rank Fund / Institution No. of Shares % Holding 1 India Capital Fund Limited 72,80,406 7.11% 2 SBI Contra Fund 50,27,871 4.91% FII & FPI ICICI Prudential Equity & Debt 3 25,94,330 2.53% 7.67%
Slide 27: 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 28: Annexure
Annexure 01 About Ashiana 02 Business Model 03 Accolades 04 Abbreviations © Ashiana Housing Limited, All Rights Reserved. 28
Slide 29: 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, Lavasa, Halol, Chennai and Kol
Slide 30: 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 31: 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 32: 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