Arihant Superstructures Limited · NSE:ARIHANTSUP
Arihant Superstructures — Q2 FY2024 Earnings Presentation
41 slides from Arihant Superstructures's earnings presentation, Nov 8, 2023
Slide 1: Revised Earnings Presentation Cover Letter
ARIHANT SUPERSTRUCTURES LTD 8th November, 2023 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, Bandra (East), Mumba
Slide 2: Arihant Superstructures Ltd. Investor Presentation
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Slide 4: Arihant World Villas, Gymkhana and Hotel
Arihant World Villas (353 Villas for Sale), Chowk, Panvel, 17 Lakh sq.ft. Club 10 Gymkhana (Membership Annuity Business) Tranquil Hotel (Hospitality Annuity Business) Arihant Superstructures Ltd. announces its premium luxury product categorized as platinum series Arihant World Villas through an outr
Slide 5: Arihant World Villas (Panvel, Navi Mumbai)
Arihant - World Villas (Situated at Panvel - Navi Mumbai) £t weir 1 * Elevation image is an Artist’s impressions for representational purposes only
Slide 6: CMD's Message
| CMD’s Message ARIHANT[E Every growing Business reaches an inflexion point where the past investments and efforts combined with momentum built up - becomes a multiplying factor for the future investments. Our Board has approved a proposal for allotment of 20.90 lac equity warrants at a floor price
Slide 7: Key Highlights
ARIEANT T8 @ (3 © Largest real estate player in Balanced portfolio of projects Projects spread across 12 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 operat
Slide 8: Company Overview
| Company Overview ARIHANT [ SUPERSTRUCTURESLTD. = Q2-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 dom
Slide 9: Q2-FY24 Financial Overview
ARIHANT Q2=FY24 EINANCIAL OVERVIEW
Slide 10: Q2-FY24 Financial Highlights
Q2-FY24 Financial Highlights Q2-FY24 Financial Highlights: Q2-FY24 Operational Highlights: * The collections of INR 1,367 millions from the sale value of INR 2,219 millions was received. INR 1,090 Mn INR255 Mn 23.30% . il Total Revenues f— N ——— 3.29 |akh§ sguare feet area was sold comprising of 365
Slide 11: Key Quarterly Performance Indicators
| Key Quarterly Performance Indicators Revenues (INR Mn) EBITDA & PAT Margin (%) Value of Sales (INR Mn) Collections (INR Mn) 23.30% 21.90% 22.59% 4,669 2,450 1,367 2,423 18.67% 3,667 1,056 14.77% 10.69% 1,090 2,105 2,219 2,279 Q2-FY24 Ql-FY24 H1-FY24 H1-FY23 M Total Revenue =——EBITDA Margin (%) = P
Slide 12: Quarterly Financial Performance
| Quarterly Financial Performance Particulars (INR Mn) Q2-FY24 Ql-FY24 H1-FY24 H1-FY23 Total Revenues 1,090 1,210 2,301 2,105 9.3% Total Operating Expenses 836 945 1,781 1,712 4.0% EBITDA 254 265 520 393 32.3% EBITDA Margins (%) 23.30% 21.90% 22.59% 18.67% 392 bps Depreciation 5 5 11 @ 22.2% Interes
Slide 13: Upcoming Project Launches
ARIEANT Kalyan Affordable Q3 - FY24 192 1,69,008 810 Badlapur Affordable Q3 -FY24 178 1,29,084 520 Panvel Mid-Income Q3 - FY24 320 3,13,600 2,100 Karjat Affordable Q3 -FY24 198 1,52,769 520 Kalyan Affordable Q3 - FY24 220 1,65,736 800 Taloja Affordable Q4 -FY24 400 2,50,000 1,250 Shilphata Mid-Incom
Slide 14: Corporate Overview
ARINANT CORPORATE OVERVIEW
Slide 15: Competitive Advantages
Competitive Advantages ARIHANTEE 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,
Slide 16: Board of Directors
ARIH NT SUPERSTRUGTURES LTD. Executive Directors Nimish Shah Whole-Time Director A civil engineer with over 19 years experience in construction and related activities Actively involved in all the nuances of engineering including Planning and Execution, project estimation, contracts and site organiza
Slide 17: Senior Management
ARIHANT Mr. Bhavik Chhajer - Head Business Operations & HR * Heis a Bachelor of Science (Business) from Indiana State University, USA * Has been responsible for construction activities along with efficient material procurement. Additionally he oversees Human Resource department. * He joined ASL grou
Slide 18: Milestones
ARIHANTEE Il 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 Launched aventure Estate Mumbai milestone of and and
Slide 19: Awards and Recognition
Awards and Recognition ARIHANTE SUPERSTRUCTURES LTD. 2017-2020 v v v v v 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 Pl
Slide 20: ESG and Sustainability
ARIHANT SUPERSTRUCTURES LTD. Eie Most of ASls 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 environment sustainabilit
Slide 21: Capital Market Data
Capital Market Data (Bloom: ARSU:IN, BSE: 506194, NSE: ARIHANTSUP) AR'HANT Stock Market Performance (As on 30" September, 2023) Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 = Arihant Sensex Shareholding Pattern (As on 30t September, 2023) Face Value (INR) 10.0
Slide 22: Business Overview
ARIHAN BUSINESS OVERVIEW
Slide 23: Project Portfolio Development Strategy
Project Portfolio Development Strategy g the Population Matrix” ASl’s business strategy is to mirror the population matrix and hence the supply of projects is in line with the so pread of the population Over the years, ASL have developed capabilities across Premium & Villas : High Income Group affor
Slide 24: FY24 Geographical Presence
ARIHANT SUPERSTRUCTURES LTD. FY24 Geographical presence (%) OUTER MMR . Jodhpur . Dali Bai Circle . Pal Gangana Road
Slide 25: Ongoing Residential Projects
Ongoing Residential Projects ARIHANTE SUPERSTRUCTURES LTD. Economic Total Total Sale value of Amount Revenue Potential Total Estimated Revenue Balance Project MMR Location Interest units Saleable booked area Received of Balance Receiveable Recognized Potential Completion Projects of ASL (No.) Area (
Slide 26: Forthcoming Residential Projects
Forthcoming Residential Projects ct Portfolio MMR projects Category MMR Projects Location Total Units (No.) Total Saleable Area (Sq.ft) Economic Interest of ASL Premium World Villa Chowk 353 17,94,400 100% PP, Aspire Panvel 1,648 15,68,960 60% Avanti (New) Shilphata 1470 11,75,964 100% Amisha Taloja
Slide 27: ARIHANT iy
ARIHANT SUPERSTRUGTURES LTD. iy 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 73% Completion Status Commenced Total Units 1189 Total Units TS Total Saleable Area 12.09 lakh Sq.ft. Total Saleable Area 0.84 lakh Sq.ft. Com
Slide 28: Areireebreereetey
ARIHANT SUPERSTRUGTURES LTD. Areireebreereetey e T i 435 Total Units 327 Total Units Total Saleable Area 3.62 lakh Sq.ft. Total Saleable Area 4.21 lakh Sq.ft. 55% Completion Status Commenced Completion Status & - Total Units 440 Total Units 811 Total Saleable Area 3.02 lakh Sq.ft. Total Saleable Are
Slide 29: ARIHANT
ARIHANT SUPERSTRUGTURES LTD. " % br Lé . 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 Total Units 532 Total Units 72 Total Saleable Area 4.78 lakh Sq.ft. Total Saleable Area 1.30 lakh Sq.ft
Slide 30: Historical Financial Overview
ARIHANT HISTORICAL FINANCIAL OVERVIEW 29
Slide 31: Historical Consolidated Income Statement
| Historical Consolidated Income Statement AR'HANT Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Total Revenues 2,723 3,325 3,917 2,301 Total Operating Expenses 2,221 2,613 3,395 1,781 EBITDA 502 713 798 520 EBITDA Margins (%) 18.43% 21.43% 20.38% 22.59% Depreciation 20 17 20 11 Interest 281 210 256 1
Slide 32: Historical Consolidated Balance Sheet
| Historical Consolidated Balance Sheet ARIHANTIE Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 Particulars (INR Mn) FY21 FY22 FY23 H1-FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Share Capital 412 412 412 Property, Plant & Equipment Intangible Assets Other Equity 1,618 1,686 1,926 Investment
Slide 33: Historical Cash Flow Statements
Historical Cash Flow Statements AR'HANT Particulars (INR Mn) H1-FY24 Cash flow from operations 1,205 207 (118) (677) Cash flow from investing (7) (79) (18) (8) Cash flow from financing (1,193) (1,727) 69 823 Closing Cash & cash equivalents 120 1,463 80 217
Slide 34: ARIHAN /o h
ARIHAN /o * The debt h serviceable (institutions/Bank) is 1,317 millions which is debt to equity ratio of 0.48 giving less outflow of cash received. * The unsecured debt is payable when enable and accrued to the lenders by giving more liquidity &o the company for growth. /
Slide 35: Historical Performance Indicators
S | Historical - Performance Indicators ARIHANT] ARTIANT Value of Sales (INR Mn) Units Sold (No.) Area Sold (Lakh sq ft) 7,640 5 7,731 ! 13.8 1628 55 1259 8.7 4,000 034 6.3 2,650 I 710 I FY20 Fy21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Collections (INR Mn) Units Delivered (No.) Unsold rea
Slide 36: Historical Financial Performance
| Historical Financial Performance Total Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 214 427 798 713 3,917 3,325 2,723 157 111 ] I I Y20 FY21 FY22 Y23 FY20 Fy21 FY22 FY23 FY20 Fy21 FY22 FY23 Networth (INR Mn) Total Debt (INR Mn) & Net Debt/Equity(x) ROE &
Slide 37: Industry Overview
ARINANT INDUSTRY OVERVIEW
Slide 38: Real Estate Scenario - India
Real Estate Scenario- India AR'HANT ; = The Indian real estate sector is expected to reach USS1 trillion in market size by 2030 up from USS$200in 2021. = Indian real estate industry contributes ~7% to the Indian GDP and is expected contribute 13% to country GDP by 2025. It is one of the key baromete
Slide 39: Residential Housing Scenario - MMR
Residential Housing Scenario- MMR = Mumbaiis 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-R
Slide 40: Disclaimer
Disclaimer ARIHANT] 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
Slide 41: Thank You
ARIHANT Thank You 40
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