Slide 1: Intimation of Earnings Presentation to Stock Exchanges
To, Corporate Relations Department Listing Compliance Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Mumbai - 400 001 Plot No. C/1, G Block, Bandra-Kurla Complex, Scrip Code: 506194 Bandra (East), Mumbai - 400 051 Class of Sec
Slide 2: Investor Presentation Q3/9M-FY23-24
Investor Presentation Q3/9M-FY23-24 1
Slide 3: Tracking the growth of Mumbai MMR
Tracking the growth of Mumbai MMR Mumbai (erstwhile Bombay), as we know today, was formed by unifying seven islands, namely Isle of Bombay, Mazagaon, Parel, Worli, Mahim, Little Colaba or the Old Woman's Island, and Colaba in 1838. This connectivity also allowed the seamless development of western a
Slide 4: CMD's Message
CMD’s Message Our faith and focus on the Navi Mumbai Real Estate market and our consistent efforts of the last 3 decades to establish Arihant Superstructures as the leader in the micro market will get a huge fillip with the MTHL connectivity. This is established now with a surge in enquiries post th
Slide 5: Q3-FY24 Business Development Highlights
Q3-FY24 Business Development Highlights Signed a new low-rise township project for plotted/villa development in Premium Housing Segment spread across 118 acres at Chowk, located 500 meters from Chowk Railway Station Acquired Arihant Anaika 7 in affordable housing segment adjoining to Arihant Anaika
Slide 6: Arihant World Villas, Chowk, Panvel
Arihant World Villas (364 Villas for Sale) , Chowk, Panvel, 17 Lakh sq.ft. Club 10 Gymkhana (Membership Annuity Business) Tranquil Hotel Resort (Hospitality Annuity Business) Arihant Superstructures Ltd. announces its premium luxury product categorized as platinum series Arihant World Villas throu
Slide 7: Arihant World Villas - Master Layout
Arihant World Villas - Master Layout 6
Slide 8: Snapshot
Snapshot Largest real estate player in Balanced portfolio of projects Projects spread across 11 Highest market share in Navi affordable and mid-income in both luxury and affordable different micro-markets in MMR Mumbai and most micro housing in MMR region housing. and Jodhpur markets of operations 1
Slide 9: Company Overview
Company Overview Q3-FY24 Established in 1994, Arihant Superstructures Ltd. (ASL) is one of the largest real estate players in affordable and mid-income housing segment in the MMR region. Highlights Headquartered out of Navi Mumbai, Maharashtra, the company has a dominant presence in high growth
Slide 10: Q3-FY24 Financial Overview
Q3-FY24 FINANCIAL OVERVIEW 9
Slide 11: Q3-FY24 Financial Highlights - Update
Q3-FY24 Financial Highlights - UPDATE Q3-FY24 Financial Highlights: Q3-FY24 Operational Highlights: • The collections of INR 1,312 millions was received. INR 1,195 Mn INR 263 Mn 22.01% EBITDA • 4.10 lakhs square feet area was sold comprising Total Revenues EBITDA Margin of 483 units in the third qua
Slide 12: Key Quarterly Performance Indicators
Key Quarterly Performance Indicators Revenues (INR Mn) EBITDA & PAT Margin (%) Value of Sales (INR Mn) Collections (INR Mn) 23.39% 2,521 1,367 3,735 22.37% 7,190 22.01% 21.25% 1,195 3,495 5,480 13.05% 13.53% 13.05% 14.77% 2,219 3,184 3,257 1,312 1,090 Q3-FY24 Q2-FY24 9M-FY24 9M-FY23 Q3-FY24 Q2-FY24
Slide 13: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY24 Q2-FY24 9M-FY24 9M-FY23 Y-o-Y Total Revenues 1,195 1,090 3,495 3,257 7.3% Total Operating Expenses 932 835 2,713 2,565 5.8% EBITDA 263 255 782 692 13.0% EBITDA Margins (%) 22.01% 23.39% 22.37% 21.25% 112 bps Depreciation 6 5 17 14 21.4% In
Slide 14: New Launch Pipeline - Residential Projects
New Launch Pipeline- Residential Projects Est. Revenue potential Project Location Category Timeline No. of Units Area (Sft) (INR Mn) Anmol Badlapur Affordable Q4 - FY24 178 1,29,084 520 Aloki Karjat Affordable Q1 - FY25 198 1,52,769 520 Aaradhya Kalyan Affordable Q4 - FY24 220 1,65,736 800 Adarsh Ta
Slide 15: Corporate Overview
CORPORATE OVERVIEW 14
Slide 16: Competitive Advantages
Competitive Advantages Trusted Brand Experienced and In-House & Integrated Constructing Strategy Asset- Light Model Consistent Growth And Established brand built qualified Promoters Capabilities In-house design, 16% of ongoing projects 5 years CAGR: Revenue- 15.1%, based on customer focus, and senio
Slide 17: Board of Directors
Board of Directors Executive Directors Ashok Chhajer Nimish Shah Parth Chhajer Chairman & Managing Director Whole-Time Director Whole-Time Director • Nearly 3 decades in the real estate business • A civil engineer with over 19 years experience • Worked briefly with the leading capital Prior experien
Slide 18: Key Management Personnel
Key Management Personnel Mr. Dhiraj Jopat – Chief Financial Officer Mr. Bhavik Chhajer - Head Business Operations & HR • Qualified professional with over 27 years of experience. • He is a Bachelor of Science (Business) from Indiana State University, USA • He is a Chartered accountant, cost and manag
Slide 19: Launch of Real Estate
1994 1999 2000 2004 2007 2011 2014 2016 2017 2021 2022 2023 Launch of Strategically Achieved a Complete Successfully Launched Successfully Won coveted Successfully Record Successfully Establishing Real Identified Navi Significant construction Completed its Completed Economic Launched Sales of Launch
Slide 20: Awards and Recognition
Awards and Recognition 2017-2020 Zee Business Award – Affordable Housing Project Award for Quality Dainik Bhaskar (94.3 MYFM) IGBC Pre-certified IGBC Pre-certified Developer of the of the Year for Arihant construction in affordable – Award for Excellence in Platinum Rating for Platinum Rating Year(
Slide 21: ESG Initiatives
ESG Initiatives Environment Social Governance Most of ASL’s developments have Besides executing projects responsibly, The Board inculcates culture of sewage treatment plants, rainwater we have invested in education, accountability, transparency, and harvesting, solar power & heating as environ
Slide 22: Capital Market Data
Capital Market Data (Bloom: ARSU:IN, BSE: 506194, NSE: ARIHANTSUP) Stock Market Performance (As on 31st December, 2023) 40% 30% 20% 10% 0% -10% -20% -30% Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Arihant Sensex Price Data (As on 31st December, 2023) Sharehol
Slide 23: Business Overview
BUSINESS OVERVIEW 22
Slide 24: Project Portfolio Development Strategy
Project Portfolio Development Strategy “Mirroring the Population Matrix” ASL’s business strategy is to mirror the population matrix and hence the supply of projects is in line with the socio-economic spread of the population Over the years, ASL have developed capabilities across Premium & Villas : H
Slide 25: Geographical Presence
Geographical Presence 18 Projects (MMR) ~ 11 Micro-markets 3 Projects (Jodhpur) FY24 Geographical Revenue Mix (%) Titwala Thane KHARGHAR Kalyan /TALOJA 17% Badlapur Shilphata Mumbai Vashi Taloja OUTER MMR Kharghar Jodhpur 38% PANVEL 22% Panvel Chowk Karjat Dali Bai Circle JODHPUR VASHI 20% 2% Khopol
Slide 26: Ongoing Residential Projects
Ongoing Residential Projects ~4.25 Mn Sq.ft. Project Portfolio Economic Total Units Total Area Sale value of Amount Revenue Potential Total Estimated Revenue Balance Project MMR Location Interest units Book Saleable Booked booked area Received of Balance Receiveable Recognized Potential Completion P
Slide 27: Forthcoming Residential Projects
Forthcoming Residential Projects ~9.84 Mn Sq.ft. Project Portfolio MMR projects Category MMR Projects Location Total Units (No.) Total Saleable Area (Sq.ft) Economic Interest of ASL Premium World Villas (New) Chowk 364 18,08,235 100% Aspire Panvel 1,648 15,68,960 60% Mid-Income Avanti (New) Shilphat
Slide 28: Residential Projects
Residential Projects ARIHANT AMISHA A R I H A N T A R S H I YA Revenue Potential INR 300 Mn Revenue Potential INR 3,000 Mn Total Units 134 Total Units 1,135 Total Saleable Area 0.75 lakh Sq.ft. Total Saleable Area 8.56 lakh Sq.ft. Completion Status 79.21% Completion Status Completed ARIHANT ASPIRE A
Slide 29: Residential Projects
Residential Projects ARIHANT 5 ANAIKA ARIHANT ADVIKA Revenue Potential INR 1,600 Mn Revenue Potential INR 7,500 Mn Total Units 435 Total Units 327 Total Saleable Area 3.62 lakh Sq.ft. Total Saleable Area 4.91 lakh Sq.ft. Completion Status 60.2% Completion Status 18.1% A R I H A N T A A R A D H YA AR
Slide 30: Residential Projects
Residential Projects ARIHANT ALOKI A R I H A N T A AYA N Revenue Potential INR 600 Mn Revenue Potential INR 1,500 Mn Total Units 248 Total Units 618 Total Saleable Area 1.61 lakh Sq.ft. Total Saleable Area 3.78 lakh Sq.ft. Completion Status 62% Completion Status Commenced ARIHANT ANCHAL A R I H A N
Slide 31: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 30
Slide 32: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Total Revenues 2,723 3,325 3,917 3,257 Total Operating Expenses 2,221 2,613 3,395 2,565 EBITDA 502 713 798 692 EBITDA Margins (%) 18.43% 21.43% 20.38% 21.25% Depreciation 20 17 20 14 Interest 281 210 256 171 Profit
Slide 33: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Share Capital 412 412 412 412 Property, Plant & Equipment 89 91 103 97 Intangible Assets 1 1 1 1 Other Equity 1,221 1,618 1,6
Slide 34: Historical Cash Flow Statements
Historical Cash Flow Statements Particulars (INR Mn) FY21 FY22 FY23 9M-FY24 Cash flow from operations 1,205 207 (118) (1,144) Cash flow from investing (7) (79) (18) (12)) Cash flow from financing (1,193) (1,727) 69 1,262 Closing Cash & cash equivalents 120 1,463 80 263 33
Slide 35: Debt Pattern
Debt Pattern As on 31st December, 2023 Particulars (INR Mn) Gross Debt 4,399 Note: Less: Cash and Cash equivalents 263 • The Net ebt serviceable (Institutions/Bank) is 1,217 Less: Investments 0 millions which is debt to equity ratio of 0.40 giving less outflow Net Debt 4,136 of cash received. Net wo
Slide 36: Historical Performance Indicators
Historical Performance Indicators Value of Sales (INR Mn) Units Sold (No.) Area Sold (Lakh sq ft) 7,640 7,731 1,628 13.8 1,552 12.59 8.7 4,000 934 710 6.3 2,650 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Collections (INR Mn) Units Delivered (No.) Unsold ready inventory (No.) 453 918
Slide 37: Historical Financial Performance
Historical Financial Performance Total Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 414 427 798 713 900 50.00% 450 20.00% 3,917 800 400 3,325 40.00% 502 700 350 2,723 476 2,376 600 300 12.45% 30.00% 157 10.89% 500 250 10.00% 111 400 200 20.03% 18.44% 21.44
Slide 38: Industry Overview
INDUSTRY OVERVIEW 37
Slide 39: Real Estate Scenario - India
Real Estate Scenario- India The Indian real estate sector is expected to reach US$1 trillion in market size by 2030 up from US$200 in 2021. Sales of Luxury Flats (in units) Indian real estate industry contributes ~7% to the Indian GDP and is expected contribute 13% to Total housing units City co
Slide 40: Residential Housing Scenario - MMR
Residential Housing Scenario- MMR Mumbai is among the top 50 cities globally which will see the most significant increase in population, by 2030. Mumbai and its metropolitan region (MMR) recorded a robust growth of 282% in the new supply in 2022, with 1,65,634 units launched, surpassing the pre-
Slide 41: Disclaimer
Disclaimer Arihant Superstructers Ltd. No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all ev
Slide 42: Thank You
Thank You 41