Arvind Smartspaces Ltd. · NSE:ARVSMART

Arvind Smartspaces — Q1 FY2022 Earnings Presentation

49 slides from Arvind Smartspaces's earnings presentation, February 2022

1. Slide 1: Arvind SmartSpaces Information Update – Q1FY22

   Arvind SmartSpaces Information Update – Q1FY22

2. Slide 2: Key Updates – Q1FY22

   Key Updates – Q1FY22 Fresh Sales • Fresh Sales Q1FY22 Rs. 110 Cr vs Rs. 22 Cr in Q1FY21 (400% Growth) Unrecognised Sales • Rs. 832 Cr as on June 30, 2021 vs Rs. 474 Cr as on June 30, 2020 Sales and New • Strong Sales momentum continues • Forreste – total 7.7 lacs sq ft area added with Phase 4 Launch

3. Slide 3: Key Updates – Q1FY22

   Key Updates – Q1FY22 • Till date completed and handed over 10 projects measuring total developed Project Completion area of 3.8 Million sqft (Alcove, Megatrade, Parishkaar, Trade square, Expansia, Citadel, Sporcia, Megapark, Megaestate and Skylands) • Currently, executing 10 projects in Ahmedabad, B

4. Slide 4: Consolidated Financials – Q1FY22

   Consolidated Financials – Q1FY22 Revenue EBITDA PBT PAT Rs. 27 Cr during Rs. 8.2 Cr during Rs. 3.0 Cr during Rs. 2.5 Cr during Q1 FY22 as against Q1 FY22 as against Q1 FY22 as against Q1 FY22 as against Rs. 10.5 Cr in Rs. 2.2 Cr in Rs. (4.7) Cr in Rs. (4.8) Cr in Q1FY21 Q1FY21 Q1FY21 Q1FY21 EBITDA m

5. Slide 5: Strategic Initiatives

   Strategic Initiatives  Steps taken Focus on Horizontal Development  Successful New launches  Forreste, 135 acre township with state of art villas with potential topline of Rs. 500 – 600 Cr  Phase 1, 2 and 3 sold successfully. Launched Phase 4. Long term value creation  High Grove & Chirping Woo

6. Slide 6: Strategic Initiatives

   Strategic Initiatives  2016 – Preferential capital infusion by Promoters Rs. 51 Cr Capital Infusion  2018 – Preferential capital infusion by Promoters Rs. 53 Cr  2021 – Preferential capital infusion by MD & CEO Rs. 29 Cr (Warrants issued)

7. Slide 7: Fresh Bookings- Q1FY22

   Fresh Bookings- Q1FY22 Q1FY21 Q1FY22 Project wise Rs. Cr Rs. Cr Uplands Two - 38 Uplands (20) 4 Chirping Woods - 27 High Grove - 8 Forreste 16 17 Skylands 7 5 Belair 11 1 Oasis 3 5 The Edge 5 (1) Aavishkaar 1 3 Elan (6) 3 Other Completed Projects 4 1 Total 22 110

8. Slide 8: Financial Performance

   Financial Performance Q1 FY22 Q1 FY22 (Rs. Cr) Particulars PY CY Growth % Revenue 10.5 26.9 156% EBITDA 2.2 8.2 281% EBITDA % 20% 30% Finance Cost 6.8 6.2 PBT -4.7 3.0 PBT % -45% 11% PAT -4.8 2.5 PAT % -46% 9% Revenue recognition during Q1FY22 is mainly Skylands Rs. 18 Cr, Uplands Rs. 6 Cr, Sporcia

9. Slide 9: Debt Profile and Lenders

   Debt Profile and Lenders Amount in Rs. Cr 30-Jun-2020 31-Mar-2021 30-Jun-2021 Gross Debt* 232 177 147 Net Interest bearing funds 217 138 76 Net Interest bearing funds to Equity 0.76 0.46 0.25  Net Interest bearing funds comes down by Rs. 62 Cr in a quarter (45% reduction)  The above statement does

10. Slide 10: Performance of Scrip (since Listing)

    Performance of Scrip (since Listing) Performance of Scrip (since Listing) 500 450 400 350 300 250 200 150 100 50 0 Feb-17 Feb-20 Feb-16 Feb-18 Feb-19 Feb-21 Aug-18 Aug-20 Aug-15 Aug-16 Aug-17 Aug-19 Oct-15 Oct-16 Oct-17 Oct-18 Oct-19 Oct-20 Jun-16 Dec-16 Dec-18 Apr-17 Apr-18 Jun-19 Dec-19 Apr-20 Dec

11. Slide 11: Shareholding Pattern (%)

    Shareholding Pattern (%) Category 31-Dec-2021 31-Mar-2021 30-Jun-2021 39.67%, Promoter and 58.66% 58.66% 56.88% Public Promoter Group Foreign Institutional 0.03% 0.03% 0.05% Investors(FIIs) Mutual Funds 0.00% 0.00% 0.00% 1.64%, 58.66%, Insurance Promoter and Insurance Companies 3.73% 1.64% 0.31% Com

12. Slide 12: Completed Projects

    Completed Projects Skylands Sporcia Expansia Alcove Megatrade MegaEstate MegaPark Citadel

13. Slide 13: Ongoing Projects

    AVIND Forreste Aavishkaar BelAir Oasis T1199 77, G 5

14. Slide 14: Quarterly Synopsis

    Quarterly Synopsis Amount Revenue Area Booked Units Booked Sales Value Collected in Q1 Recognized in Q1 Residential Projects in Q1 FY22 in Q1 FY22 for Q1 FY22 FY22 FY22 (sq ft.) (nos.) (Rs. Lac) (Rs. Lac) (Rs. Lac) Skylands 6,342 6 482 1,488 1,752 Uplands ONE 8,550 1 374 2,600 605 Oasis 10,475 9 512

15. Slide 15: Projects till Date - Synopsis

    Projects till Date - Synopsis Area Sold to Booking Revenue Completion Saleable Area Inventory Realization Geography Project date Value Recognized (%) (sq. ft.) (sq. ft.) (INR/sq. ft.) (sq. ft.) (INR Cr) (INR Cr) HighGrove 10 5,168,182 1,666,711 35,01,471 148 - 887 Uplands 90 3,192,901 2,676,280 5,16

16. Slide 16: Unsold Inventory

    Unsold Inventory Inventory (sq. ft.) Inventory from Existing Projects 7,492,719 Additional acquired pipeline 702,187 Acquisition under process 430,373 Total Inventory 8,625,279

17. Slide 17: Projects

    Projects

18. Slide 18: Uplands

    Uplands  Location: Nasmed Village, Gandhi Nagar  Product: Premium golf based township  Project Size: 180 Villas (Phase I)  Deal Structure: Joint Development  Architect: Woods Bagot  Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Square, Fun Square) Premium Concierge Services

19. Slide 19: Uplands

    Uplands

20. Slide 20: Uplands

    Uplands

21. Slide 21: Uplands ClubHouse

    | Uplands ClubHouse ALVIND SMATSPACES

22. Slide 22: Uplands ClubHouse

    Uplands ClubHouse ALVIND SMALFTSPACES + ann a im am

23. Slide 23: Skylands

    Skylands  Location: Jakkur Road, Shivanahalii,Bengaluru  Product: High rise Residential Apartments  Project Size: 417 Units  Deal Structure: Outright Purchase  Architect: Apurva Amin  Features: Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing deck on terrace Club

24. Slide 24: Skylands

    ACVIND SMALTSPACES Skylands

25. Slide 25: Aavishkaar

    Aavishkaar  Location : Naroda Road, Ahmedabad  Product : Affordable Residential Apartments  Project Size : 574 Units  Deal Structure : Development Agreement  Rera Number : PR/GJ/AHMEDABAD/AHMEDABAD CITY/AUDA/RAA02798/A1R/110219  Architect : Vitan (Jagrut & Partners LLP)  Features : Gated comm

26. Slide 26: Aavishkaar

    Aavishkaar Actual Construction Images Model Flat

27. Slide 27: Oasis

    Oasis  Location : Tumkur Road, Bengaluru  Product : 2 and 3 BHK Residential Apartments  Project Size : 452 units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/309/PR/180425/ 001543  Architect : Apurva Amin  Features : Aqua Center Terrace café Central Landscape Area Senio

28. Slide 28: Oasis

    Oasis Actual Construction Images

29. Slide 29: BelAir

    BelAir  Location : New Town Road Yelahanka, Bengaluru  Product : 2, 2.5 &3 BHK Residential Apartments  Project Size : 334 units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/472/PR/200515/ 003406  Features : Cantilevered Sky Club Vaastu Compliant Water Management Solution

30. Slide 30: Belair

    Belair Actual Construction Images

31. Slide 31: Elan

    Elan  Location : Kothrud Road, Pune  Product : High rise Residential Apartments  Project Size : 81 Units  Deal Structure : Development Agreement  Rera Number : P52100018613  Features : Landscape Walkway Club Terrace Café Sitting Outdoor & Indoor Gym Fully equipped Home Theatre room State of ar

32. Slide 32: Elan

    Elan Actual Construction Images

33. Slide 33: The Edge

    The Edge  Location : Tumkur Road, Bengaluru  Product : Commercial & Retail Space  Project Size : 130 Units  Deal Structure : Outright Purchase  Rera Number : PRM/KA/RERA/1251/309/PR/190823/ 002822  Features : Common Conference Room Theatre/Auditorium Modern Cafetaria Gymnasium CCTV, Intercom F

34. Slide 34: The Edge

    The Edge Actual Construction Images

35. Slide 35: Highgrove

    Highgrove  Location : Moti Devti, Sanand, Ahmedabad  Product : Weekend Homes - Plots  Project Size : 814 Units  Deal Structure : Joint Development  Architect: : Woods Bagot  Features : 9 Hole Executive Golf Course Clubhouse powered by SMAAASH, which is perfected by Sachin Tendulkar Bowling All

36. Slide 36: Highgrove

    Highgrove Actual Construction Images

37. Slide 37: Forreste

    Forreste  Location : Racharda Khatraj Road, Ahmedabad  Product : Premium Land Oriented Villa Scheme  Project Size : 250+ Units  Deal Structure : DM  Rera Number : PR/GJ/GHANDINAGAR/GHANDINAGAR/ AUDA/RAA06788/A2R/291020  Architect : InHouse  Features : Lounge with Seating & Library Café & Rest

38. Slide 38: Forreste

    Forreste Actual Construction Images

39. Slide 39: About the Company

    About the Company

40. Slide 40: Overview | Arvind Smartspaces

    Overview | Arvind Smartspaces Company profile Ongoing and upcoming projects Project classification  One of the fastest growing real estate developer in the listed space 6%  Ahmedabad-based real estate developer, commenced operations in 2009 Residential  Operates largely in Ahmedabad and Bangalore

41. Slide 41: The Journey so far

    The Journey so far 2021 First project acquisition under HDFC partnership platform Preferential capital infusion by MD& CEO 2021 Sales crosses Rs. 500 Cr+ mark inspite of Covid-19 disruption 2020 Commencement of our first project under DM model – Forreste 2019 Strategic partnership with HDFC Capital

42. Slide 42: Board of Directors

    Board of Directors Mr. Sanjay S. Lalbhai Mr. Kamal Singal Chairman & Non-Executive Director Managing Director & CEO And Promoter Mr. Kulin S. Lalbhai Mr. Pratul Shroff Ms. Pallavi Vyas Non-Executive Director Independent Director Independent Director Mr. Nirav Shah Mr. Prem Prakash Pangotra Independe

43. Slide 43: Strategic Pillars of Growth

    Strategic Pillars of Growth 1 2 3 4 5 Asset light, Low Capex Leveraging Brand Low Financial / Conservative Risk Innovative / Customer- Arvind Operating Leverage profile centric products 1 Land as Raw Material, no Land Bank. Focus on JD/JV. Focus on Residential projects (low Capex requirement) 2 Leve

44. Slide 44: Fresh Bookings – MIS Sales

    Fresh Bookings – MIS Sales FRESH BOOKINGS RS. CR 600 529 500 400 CAGR 49% 300 277 286 200 113 91 100 73 0 FY16 FY17 FY18 FY19 FY20 FY21

45. Slide 45: Key Trends

    Key Trends Unrecognised Fresh Sales Net Debt Revenue Unrecognised Revenue (INR Cr.) Net Debt (INR Cr.)* Fresh Sales Rs. Cr 600 900 250 529 762 217 800 500 200 700 612 161 170 167 400 600 477 150 277 286 500 300 400 344 91 94 289 100 200 300 113 212 73 91 200 50 100 100 0 0 0 FY16 FY17 FY18 FY19 FY20

46. Slide 46: Financial Snapshot

    Financial Snapshot Revenue Operating Income PAT Net Proft (INR Cr.) EBIDTA (%) 45 Oct-21 Mar-21 40 39.3 33% 32% Jun-20 Mar-20 32% 31% 35 Mar-19 30 30.6 31% Feb-19 Mar-18 30 30% Sep-17 Mar-17 25 29% Mar-16 21 29% May-16 Mar-15 20 17.2 28% 28% 27% 27% Dec-14 15 10.6 27% 27% Aug-13 10 8.5 26% Apr-12 5

47. Slide 47: Awards & Recognition

    Awards & Recognition ALVIND SMACTSPACES 4, y athe 2019 Dey nee rata, we Arvind “, e rvin ‘ ‘7 Ys Uplands g Best Golf Courses 4 Architecture NF %, 4 Golden Brick Awards, Dubai 4 Best bi 3 RealEstate ¥ % =Company yy India News Gujarat at Gujarat First Conclave 44, 2019 adn, ogee OO mah, Arvind “3 Aavi

48. Slide 48: Awards & Accolades 2021

    Awards & Accolades 2021 ALVIND SMACTSPACES ALVIND SMACTSPACES IS PROUD TO IS PROUD TO BE AWARDED WITH BE AWARDED WITH OF THE YEAR — - - OF THE YEAR — ay- GW NEws!8 sy- NW NEWs/8 #JourneyOfRecognition #JourneyOfRecognition

49. Slide 49: Thank You

    Thank You Arvind SmartSpaces Ltd Investor Relations: (CIN: L45201GJ2008PLC055771) Registered & Corporate Office: Ankit Jain 24, Govt. Servant’s Society, Chief Financial Officer Adj. Municipal Market, Email: ankit.jain@arvind.in C. G. Road, Ahmedabad- 380009 Tel: +91 79 68267000 Prakash Makwana www.a

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