Slide 1: Cover letter to BSE and NSE on earnings presentation
Date:16-05-2024 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
Slide 2: Investor Presentation Q4 FY24
Investor Presentation Q4 FY24 1
Slide 3: CMD's Message
CMD’s Message It’s been a landmark year with Revenues cross INR 5 Bn & highest ever PAT of INR 692.24 Mn resulting in an EPS of 11.73/- High growth in Real Estate needs funds to be funneled for acquisitions & execution. It’s prudent to conserve cash flows but at the same time shareholders need to be
Slide 4: FY24 Business Development Highlights
FY24 Business Development Highlights Completed acquisition of 51 acres to increase total land to 77 acres for World Villas, a mix- use premium housing project. Approvals have been Sanctioned & Project would begin Sales in Q1FY25. Total GDV of the project is INR 9.5 Bn Completed signing of the final
Slide 5: FY24 Business Development Highlights (Contd.)
FY24 Business Development Highlights ~ (Contd.) Additional Land added to the project Arihant Aspire near ATAL-SETU (MTHL) route in Mid- Income Housing segment, to enhance development potential by 5 Lakh sq. ft. leading to an added revenue potential of INR 3.5 Bn Arihant Aakarshan, stalled project is
Slide 6: Arihant World Villas (362 Villas for Sale), Chowk, Panvel
Arihant World Villas (362 Villas for Sale) , Chowk, Panvel, 1.8 mn 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 ou
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 Q4-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: Q4 FY24 Financial Overview
ARIHANT Q4 FY24 FINANCIABOVERVIEW
Slide 11: Q4-FY24 Financial Highlights
Q4-FY24 Financial Highlights Q4-FY24 Financial Highlights: Q4-FY24 Operational Highlights: • The collections of INR 1,295 millions was received. INR 1,617 Mn INR 362 Mn 22.36% EBITDA • 6.49 lakhs square feet area was sold comprising Total Revenues EBITDA Margin of 759 units in the third quarter of F
Slide 12: FY24 Financial Highlights
FY24 Financial Highlights FY24 Financial Highlights: FY24 Operational Highlights: • The collections of INR 5.03 billion was received. INR 5,113 Mn INR 1,144 Mn 22.37% • 15.49 lakhs square feet area was sold EBITDA comprising of 1755 units amounting to INR 9.70 Total Revenues EBITDA Margin Bn in FY24
Slide 13: Key Quarterly Performance Indicators
Key Quarterly Performance Indicators Revenues (INR Mn) EBITDA & PAT Margin (%) Value of Sales (INR Mn) Collections (INR Mn) 1,312 5,030 21.95% 21.50% 4,048 9,706 20.41% 19.57% 7,731 12.58% 10.96% 2,521 10.44% 4,833 13.06% 1,295 3,917.00 1,617.00 5,113.00 1,195.00 Year ended Year ended Q4-FY24 Q3-FY2
Slide 14: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q4-FY24 Q3-FY24 FY24 FY23 Y-o-Y Total Revenues 1,617 1,195 5,113 3,894 31.30% Total Operating Expenses 1,475 1,001 4,078 3,415 19.42% EBITDA 3,62 263 1,144 795 43.88% EBITDA Margins (%) 22.36% 21.94% 22.37% 20.41% 1.96 bps Depreciation 5 6 22 20 1
Slide 15: New Launch Pipeline - Residential Projects for H1FY25
New Launch Pipeline- Residential Projects for H1FY25 Est. Revenue potential Project Location Category Timeline No. of Units Area (Sq. ft.) (INR Mn) World Villas Chowk Premium Q1 - FY25 181 8,68,800 4,500 Adarsh Taloja Affordable Q1 - FY25 427 3,04,070 1,550 Avanti Shilphata Mid-Income Q2 - FY25 321
Slide 16: Corporate Overview
CORPORATE OVERVIEW 15
Slide 17: 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- 16%, based on customer focus, and senior
Slide 18: Board of Directors
Board of Directors Executive Directors Ashok Chhajer Nimish Shah Parth Chhajer Chairman & Managing Director Whole-Time Director Whole-Time Director • Over 3 decades in the real estate business • A civil engineer with over 19 years experience • Worked briefly with the leading capital • Prior experien
Slide 19: 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 20: 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 a Real Identified Navi Significant construction Completed its Completed Economic Launched Sales of Laun
Slide 21: 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 22: 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 23: Capital Market Data
Capital Market Data (Bloom: ARSU:IN, BSE: 506194, NSE: ARIHANTSUP) Stock Market Performance (As on 31st March, 2024) 100% 80% 60% 40% 20% 0% -20% -40% Apr-23 May-23 Jun-23 Jul-23 Aug-23 Sep-23 Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Arihant Sensex Price Data (As on 31st March, 2024) Shareholding P
Slide 24: Business Overview
ARIHANT BUSINESS OVERVIEW
Slide 25: 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 26: Geographical Presence
Geographical Presence 18 Projects (MMR) ~ 11 Micro-markets 3 Projects (Jodhpur) FY24 Geographical Revenue Mix (%) Titwala KHARGHAR Kalyan /TALOJA 17% Badlapur Shilphata Mumbai Vashi OUTER MMR Taloja Kharghar Jodhpur 38% PANVEL 22% Panvel Chowk Karjat Dali Bai Circle JODHPUR VASHI 20% 2% Khopoli Pal
Slide 27: 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 28: Forthcoming Residential Projects
Forthcoming Residential Projects ~10.06 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 362 18,08,235 100% Aspire Panvel 1,648 15,68,960 60% Mid-Income Avanti (New) Shilpha
Slide 29: 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 91.01% Completion Status 11.67% ARIHANT ASPIRE ARIH
Slide 30: 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 64.54% Completion Status 24.62% A R I H A N T A A R A D H YA
Slide 31: 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 Phase 3 - 60.94% & Phase 4 – 65.11% Completion Status 34.64
Slide 32: Historical Financial Overview
HISTORICAL FINANCIAL OVERVIEW 31
Slide 33: Historical Consolidated Income Statement
Historical Consolidated Income Statement Particulars (INR Mn) FY21 FY22 FY23 FY24 Total Revenues 2,723 3,325 3,917 5,113 Total Operating Expenses 2,221 2,613 3,395 4,078 EBITDA 502 713 798 1,144 EBITDA Margins (%) 18.43% 21.43% 20.38% 22.37% Depreciation 20 17 20 22 Interest 281 210 256 260 Profit B
Slide 34: Historical Consolidated Balance Sheet
Historical Consolidated Balance Sheet Particulars (INR Mn) FY21 FY22 FY23 FY24 Particulars (INR Mn) FY21 FY22 FY23 FY24 ASSETS EQUITY AND LIABILITIES Non-Current Assets Share Capital 412 412 412 506 Property, Plant & Equipment 89 91 103 94 Intangible Assets 1 1 1 1 Other Equity 1,221 1,618 1,686 2,1
Slide 35: Historical Cash Flow Statements Updated
Historical Cash Flow Statements Updated Particulars (INR Mn) FY21 FY22 FY23 FY24 Cash flow from operations 1,205 207 (118) (1,207) Cash flow from investing (7) (79) (18) (7) Cash flow from financing (1,193) (1,727) 69 1,284 Closing Cash & cash equivalents 120 1,463 80 150 34
Slide 36: Debt Pattern
Debt Pattern As on 31st March, 2024 Particulars (INR Mn) Gross Debt 4,774 Note: Less: Cash and Cash equivalents 150 • The Net debt serviceable (Institutions/Bank) is 1,828 Less: Investments 0 millions which is debt to equity ratio of 0.57 giving less outflow Net Debt 4,624 of cash received. Net wort
Slide 37: Historical Performance Indicators
Historical Performance Indicators Value of Sales (INR Mn) Units Sold (No.) Area Sold (Lakh sq ft) 1,755 9,706 1,628 1,552 15.49 7,640 7,731 13.8 12.59 934 8.7 4,000 710 6.3 2,650 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Collections (INR Mn) Unsold ready inventory (N
Slide 38: Historical Financial Performance
Historical Financial Performance Total Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) PAT (INR Mn) and PAT Margins (%) 1400 50.00% 800 20.00% 1,144 692 5,113 1200 700 40.00% 3,917 600 1000 798 414 3,325 713 30.00% 500 427 800 13.54% 2,723 2,376 400 10.00% 600 476 502 20.00% 157 12.45% 10.89
Slide 39: Industry Overview
INDUSTRY OVERVIEW 38
Slide 40: 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 41: 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 42: 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 43: Thank You
ARIHAN Thank You 42