Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q3 FY2015 Earnings Presentation
28 slides from Ashiana Housing's earnings presentation, January 2015
Slide 1: Investor Update
Investor Update For the quarter ending 31st December, 2014 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 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 Annexure Q3FY2015 4
Slide 5: Highlights and Overview
Highlights and Overview 01 Highlights and Overview Highlights Operational Overview Financial Overview Q3FY2015 5
Slide 6: Highlights
Highlights Successfully raised Rs 200 Crs from investors (Goldman Sachs & IDRIA Ltd., an affiliate of Credor II LLC) through QIP (Qualified Institutional Placement), for future expansion Launch of Senior living project "Ashiana Nirmay“ for bookings with saleable area of 7.86 lsf at Bhiwadi (Raja
Slide 7: Operational Overview
Operational Overview 7.00 Area Bookings increased by 26% YoY but Area 6.34 Bookings declined by 41% QoQ due to : 6.00 5.63 5.69 Launch of a Comfort Homes (Ashiana 5.00 Umang, Jaipur) project in Q2FY2015. 4.42 However, no launch in Q3FY2015 In Lakhs Sq. ft. 4.00 3.75 2.98 Market continued to rema
Slide 8: Financial Overview
Financial Overview Sales & Other Income increased by 38% with the 5,000 handing over of Ashiana Treehouse Residences 4,536 project (Bhiwadi). This is not a reflection of other 4,500 ongoing projects. However, Profit After Tax 4200 4,000 declined from 1382 lakhs to 527 lakhs QoQ. This was attributed
Slide 9: Ongoing Projects
02 Ongoing Projects Geographical Presence Projects Summary Break up of Area Booked Yearly Data and Projections Quarterly Data Q3FY2015 9
Slide 10: Geographical Presence
Geographical Presence Lavasa Jodhpur 6% 3% Halol 7% Bhiwadi 29% Jamshedpur 9% Neemrana 6% Jaipur 40% Saleable Area of Ongoing Projects Q3FY2015 10
Slide 11: Ongoing Project Summary
Ongoing Project Summary As on December 31, 2014 Project Economic Project Name Project Type Saleable Area Area Booked Expected Completion Time Location Interest Ashiana Town Beta Phase 1 in FY16. Phase 2 in 16 Bhiwadi 100% Comfort Homes 15.63 9.16 (Phase 1,2,3) and Phase 3 in FY17 Ashiana Surbhi Bhiw
Slide 12: Ongoing Project Summary
Ongoing Project Summary As on December 31, 2014 Project Economic Project Name Project Type Saleable Area Area Booked Expected Completion Time Location Interest Ashiana Umang Jaipur 100% Comfort Homes 4.01 3.27 Phase 1 in FY17 (Phase 1) Ashiana Dwarka 75% of Area Jodhpur Comfort Homes 1.84 0.83 Phase
Slide 13: Break up of Area Booked (QoQ)
Break up of Area Booked (QoQ) Jamshedpur Halol Jodhpur 3% 6% Neemrana 1% Halol 22% Lavasa 1% 1% Bhiwadi 13% Bhiwadi 22% Jodhpur 7% Jaipur 52% Jamshedpur 6% Jaipur 66% Jan 14 - Mar 14 July 14- Sep 14 Jamshedpur Halol Jodhpur 3% Halol, 7% Jamshedpur 3% 3% Lavasa 1% 8% Lavasa 2% Bhiwadi 22% Bhiwadi 44%
Slide 14: Yearly Operational Data and Future Outlook
Yearly Operational Data and Future Outlook In lsf 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15E Area Booked 7.07 13.50 17.83 18.65 22.13 20.50* Equivalent Area 10.22 10.74 14.62 12.27 17.87 22.00 Constructed Value of Area Booked 14,633 27,736 39,038 50,335 64,756 NA (In Rs Lakhs) Average Realizat
Slide 15: Quarterly Operational Data
Quarterly Operational Data Particulars Q2 FY14 Q3 FY14 Q4 FY14 Q1 FY15 Q2 FY15 Q3FY15 Equivalent Area Constructed (In lsf) 4.02 4.42 6.34 5.16 5.63 5.69 Area Booked (In lsf) 8.43 2.98 6.88 4.51 6.34 3.75 Average Realizations (In Rs/Sq. Ft.) 2,889 3,340 2,904 2,893 2,999 2871 Value of Area Booked (In
Slide 16: Financials
Financials 03 Financials Financial Summary YoY Financial Summary QoQ Q3FY2015 16
Slide 17: Financial Summary YoY (Consolidated)
Financial Summary YoY (Consolidated) Particulars 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 (in Lakhs Rs) Sales and Other Income 10,401 12,103 15,428 24,898 16,142 12,280 Operating Expenditure 7,027 7,411 9,578 15,930 11,375 9,091 EBITDA 3,374 4,692 5,850 8,967 4,767 3,189 Profit After Tax 2,84
Slide 18: Financial Summary QoQ (Consolidated)
Financial Summary QoQ (Consolidated) Particulars (in Lakhs Rs) Q2 FY14 Q3 FY14 Q4FY14 Q1FY15 Q2FY15 Q3FY15 Sales and Other Income 6,149 1,647 2,213 1,537 3035 4200 Operating Expenditure 4,633 1,291 1,826 1,380 1,603 3241 EBITDA 1,516 356 387 157 1,432 959 Profit/(Loss) After Tax 992 163 294 (218) 1,
Slide 19: Future Outlook
Future Outlook 04 Future Outlook Future Projects Land available for Future Development Q3FY2015 19
Slide 20: Future Projects
Future Projects Project Estimated Saleable Project Name Economic Interest Project Type Area Booked Location Area Ashiana Nirmay (Phase 1,2 3) Bhiwadi 100% Senior Living 7.86 0.23 Ashiana Surbhi (Phase 2) Bhiwadi 100% Comfort Homes 1.87 0.54 50% of Profit Gulmohar Gardens (Phase 4) Jaipur Comfort Hom
Slide 21: Land available for Future Development
Land available for Future Development Estimated Land Area Estimated Saleable Area Land Name and Location Proposed Development (Acres) (lsf) Kolkata Land 10.13 7.50 Senior Living Milakpur Land, Bhiwadi * 40.63 31.00 Comfort Homes/ Senior Living Land near ICD, Bhiwadi 13.5 10.00 Comfort Homes 64.26 48
Slide 22: Completed Projects having Inventory
Completed Projects having Inventory Project Name Project Economic Interest Saleable Area Unsold Area Location (in sq. ft.) (in sq. ft.) 65% (Profit share in Ashiana Utsav Senior Living Jaipur 378,200 3,660 Partnership) Ashiana Aangan Bhiwadi 100.0% 2,056,452 4,324 Ashiana Treehouse Residences Bhiwad
Slide 23: Contact Information
Contact Information For Any Queries, Contact Mr. Vikash Dugar (Chief Financial Officer) Ashiana Housing Ltd. E: vikash.dugar@ashianahousing.com ‘T: +91 11 4265 4265 Q3FY2015 23
Slide 24: Annexure
Annexure 05 Annexure About Ashiana Business Model Accolades Abbreviations Q3FY2015 24
Slide 25: About Ashiana
About Ashiana Key Statistics Shareholding Pattern Individuals & Others 22% Till Q3FY15 Networth – Rs. 299 Crores (FY 14 Rs. 284 Crores) Non Institutions 8% Market Cap (31st Dec 2014) – FII 3% 1850 Crores (31st March 2014 – Promotors 67% Rs. 826.28 Crores) 22.13 17.84 18.65 17.87 14.62 Comfort 13
Slide 26: Business Model
Business Model High quality in- In house end-to-end construction capabilities – Ensure higher control over cost and house construction quality and flexibility in execution Focus on use of high quality and efficient construction methodologies & techniques to help reduce time and cost In-house sal
Slide 27: Accolades
@asshisna you are in safe hands Accolades a sshisna you are in safe hands Awards & Recognitions (Non-metro Catego! AWARDS 2012 Best Residential P NORTH - ASHIANA EAST - ASHIANA Wi by ZEE-BUSINI AWARDS 2011 Q3FY2015 27
Slide 28: Abbreviations
Abbreviations lsf : Lakhs square feet psf: Per square feet EAC: Equivalent Area Constructed PAT : Profit after Tax Q3FY2015 28