Ajmera Realty & Infra India Ltd · NSE:AJMERA
Ajmera Realty & Infra India — Q4 FY22 Earnings Presentation
38 slides from Ajmera Realty & Infra India's earnings presentation, May 19, 2022
Slide 1: Exchange filing cover letter for Investor Presentation Q4 & FY 2021-22
Ref: SEC/ARIL/BSE-NSE/2022-23 Date: May 19, 2022 The Bombay Stock Exchange Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers 5th Floor, Exchange Plaza, Dalal Street Bandra Kurla Complex Bandra(East) Mumbai – 400 001 Mumbai-400051 Script Code : 513349 Script Code : AJMERA Sub
Slide 2: Investor Presentation Q4 FY22
Ajmera Realty & Infra India Limited INVESTOR PRESENTATION Q4 FY22 01
Slide 3: Disclaimer
DISCLAIMER ARIIL The information in this presentation contains labour relations; competitive pressures; certain forward-looking statements. These technical developments & technological include statements regarding the intent, changes. plans, objectives, goals, strategies, future events or performanc
Slide 4: Business Highlights
ARIIL BUSINESS HIGHLIGHTS WE ARE AT AN INFLECTION POINT FY-2022-Investor Presentation 03
Slide 5: Key Business Highlights – Q4 FY22
KEY BUSINESS HIGHLIGHTS – Q4 FY22 ARIIL ~INR122 Cr 90,353 Sq. ft. ~INR 93 Cr 13,452 INR/Sq. ft. Sales Value Sales volume Collections Realisation Steady Sales book with QoQ QoQ increase in Sale Collections remain steady with Realisation increased by 8% on QoQ increase by 12% volume by 4% 11% increase
Slide 6: Business Highlights FY22
BUSINESS HIGHLIGHTS FY22 ARIIL STRONG PROJECT EXECUTION COUPLED WITH REVENUE VISIBILITY NEW LAUNCHES & ACQUISITIONS All advanced stage projects Approval & premiums payments RERA Certificate received for brought to OC stage with (INR 209 Cr) made before Ajmera Manhattan significant inventory sold out
Slide 7: Great Planning, Better Execution – Greenfinity, Wadala
GREAT PLANNING, BETTER EXECUTION – ARIIL GREENFINITY, WADALA Launched – Jan 2021 | Structure Completed - Feb 2022 | Completion Expected by Dec 2022 ( FEB 22 ) SUPER STRUCTURE ( MAR-21 ) 4TH SLAB ( JUN-21 ) 9TH SLAB ( SEP-21 )13TH SLAB ( DEC 21 ) 20TH SLAB COMPLETED FY-2022-Investor Presentation 06
Slide 8: Luxury Has a New Address – Ajmera Manhattan, Wadala
LUXURY HAS A NEW ADDRESS – ARIIL AJMERA MANHATTAN, WADALA RERA Number : P51800032948 2 & 3 BHK LIFESTYLE HOMES 2 Buildings – 540 flats 44 Levels Ticket size – INR 2 Cr + CONFIGURATION UNITS SIZE 2 BHK 750 Sq.ft. 3 BHK Small / Big 977 / 1122 Sq.ft. Estimated date of the possession MARCH 2026 Piling W
Slide 9: The Pillars Behind Our Success
ARIIL THE PILLARS BEHIND OUR SUCCESS FY-2022-Investor Presentation 08
Slide 10: Board of Directors - Our Guiding Force
BOARD OF DIRECTORS - OUR GUIDING FORCE ARIIL EXECUTIVE DIRECTORS INDEPENDENT DIRECTORS • Aged 68, is the pillar and guiding force behind the growth of Ajmera • Aged 77, is a Metallurgical Engineer from IISC, Group Bengaluru (batch of 1969). • Served as MCHI President as well as President and Vice Pr
Slide 11: Leadership Team
LEADERSHIP TEAM ARIIL As director, Dhaval’s primary role within the group is leading With over 18 years of experience, Shweta leads developing and company strategy, operations and project coordination. With implementing HR strategies and initiatives aligned with the Dhaval at the helm, the firm has
Slide 12: Performance Highlights
ARIIL PERFORMANCE HIGHLIGHTS FY-2022-Investor Presentation 11
Slide 13: Financial Highlights – Q4 FY22
FINANCIAL HIGHLIGHTS – Q4 FY22 ARIIL TOTAL REVENUE EBIDTA (INR Cr) & (INR Cr) EBIDTA MARGIN % 33% 30% Value protection under growing input cost 23% pressure in Q4 FY22 184 43 » Revenue increase – by 130% on YoY basis over Q4 FY21 80 26 70 » Value creation through EBIDTA growing by 64% YoY 21 » Stead
Slide 14: Financial Highlights – FY22
FINANCIAL HIGHLIGHTS – FY22 ARIIL TOTAL REVENUE EBITDA (INR Cr) & (INR Cr) EBITDA MARGIN % 489 29% Traction in Financial performance - FY22 25% » Resilient revenue growth at 39% increase YoY 123 100 » Operational efficiency shown through 22% increase 352 » 50% PAT increase inspite of growing input c
Slide 15: Operational Highlights – Q4 FY22 & FY22
OPERATIONAL HIGHLIGHTS – ARIIL Q4 FY22 & FY22 VOLUME (Sq.ft.) SALES VALUE (INR Cr) VOLUME (Sq.ft.) SALES VALUE (INR Cr) 5,08,967 617 1,51,131 183 3,46,491 431 90,353 122 87,056 108 FY21 FY22 FY21 FY22 Q4 FY21 Q3 FY22 Q4 FY22 Q4 FY21 Q3 FY22 Q4 FY22 COLLECTIONS (INR Cr) REALIZATION (INR PER Sq.ft) CO
Slide 16: Project-wise Sales & Collections for Q4 FY22
PROJECT-WISE SALES & COLLECTIONS ARIIL FOR Q4 FY22 Area sold Sales Value Realization Collections Project Location (Sq.ft.) (INR Cr) (INR/Sq.ft.) (INR Cr) Aeon, Zeon, Treon Mumbai 18,790 36 19,072 49 Sikova Mumbai 26,596 54 20,190 18 Greenfinity Mumbai 6,144 9 15,030 17 Nucleus Bangalore 28,896 18 6,
Slide 17: Project-wise Sales & Collections for FY22
PROJECT-WISE SALES & COLLECTIONS ARIIL FOR FY22 Area sold Sales Value Realization Collections Project Location (Sq.ft.) (INR Cr) (INR/Sq.ft.) (INR Cr) Aeon, Zeon, Treon Mumbai 1,14,145 205 17,977 233 Sikova Mumbai 47,819 96 20,011 41 Greenfinity Mumbai 29,844 46 15,496 54 Nucleus Bangalore 90,925 53
Slide 18: Portfolio & Land Bank
ARIIL PORTFOLIO & LAND BANK FY-2022-Investor Presentation 17
Slide 19: Landmarks in the Making
LANDMARKS IN THE MAKING ARIIL AJMERA I-LAND AEON I & II, ZEON & TREON ~13.39 LACS Sq.ft. ~1.28 LACS Sq.ft. ~1.15 LACS Sq.ft. SALEABLE AREA SALEABLE AREA SALEABLE AREA INR 2,168 Cr INR 43 Cr INR 61 Cr REVENUE RECOGNIZED REVENUE RECOGNIZED REVENUE RECOGNIZED INR 37 Cr INR 206 Cr INR 117 Cr BALANCE REV
Slide 20: Landmarks in the Making
LANDMARKS IN THE MAKING ARIIL ~5.58 LACS Sq.ft. ~2.78 LACS Sq.ft. ~2.74 Sq.ft. LACS SALEABLE AREA SALEABLE AREA SALEABLE AREA ~INR 130 Cr ~INR 13 Cr ~INR 131 Cr REVENUE RECOGNIZED REVENUE RECOGNIZED BALANCE REVENUE POTENTIAL ~INR 212 Cr ~INR 115 Cr LOCATION BALANCE REVENUE POTENTIAL BALANCE REVENUE
Slide 21: Ongoing Projects
ONGOING PROJECTS ARIIL Estimated Revenue Revenue Project Ownership Total area Completion Sold Area Sales Value of Recognised Unrecognised Unsold Area Completion Name % (Sq.ft.) % (Sq.ft.) (Sq.ft.) Unsold Area Status (INR Cr) (INR Cr) (INR Cr) Aeon, Zeon & 100% 13,39,908 100% 13,18,164 2,168 - 21,744
Slide 22: Upcoming Projects
UPCOMING PROJECTS ARIIL POTENTIAL LAUNCHES IN FY 23 & FY 24 Estimated Estimated Estimated Project Name Ownership Estimated Launch Location Project Type Completion Revenue Saleable Area % (Month, Year) (Month, Year) (INR Cr) (Sq.ft) Ajmera Manhattan Mumbai Residential 100% Launched Mar 26 1,500 8,07,
Slide 23: Way Ahead
ARIIL WAY AHEAD ENCASHING ON THE MARKET OPPORTUNITIES FY-2022-Investor Presentation 22
Slide 24: Project-wise Revenue Recognition – Advanced Stage Projects
PROJECT-WISE REVENUE RECOGNITION – ARIIL ADVANCED STAGE PROJECTS Balance Revenue Sales Book as Revenue Estimated Sale Completion as on Total Area Revenue Unsold Area Potential Projects Sold on 31 Mar 2022 Recognised value 31 Mar 2022 Recognition (INR Cr) (Sq.ft.) (INR Cr) (INR Cr) (Sq.ft.) (INR Cr)
Slide 25: Project-wise Revenue Recognition – Mid Stage Projects
PROJECT-WISE REVENUE RECOGNITION – ARIIL MID STAGE PROJECTS Revenue Balance Revenue Estimated Sale Revenue Completion as on Total Area Sold Sales Book as on Unsold Area Projects Recognised Recognition value Potential 31 March 2022 (Sq.ft.) 31 March 2022 (Sq.ft.) (INR Cr) (INR Cr) (INR Cr) (INR Cr) S
Slide 26: Revenue Visibility 4,800 Cr
ARIIL REVENUE VISIBILITY Advanced Stage Projects Mid Stage Projects Upcoming Projects INR INR INR INR ~INR 5 Cr 161 Cr 158 Cr 495 Cr 4,000 Cr Pre-sales revenue to be Sales revenue Pre-sales revenue to Sales revenue Sales revenue recognized from nearly from unsold be recognized from from unsold from
Slide 27: Inflection Point – The Start of an Unprecedented Growth Journey
INFLECTION POINT – ARIIL THE START OF AN UNPRECEDENTED GROWTH JOURNEY 5X GROWTH PLAN Ongoing Unlocking development potential Projects of owned land banks ~INR 800 Cr Targeting Inorganic growth through ~INR low capex acquisitions by 4,800 Cr JV / JDA / DA model, asset light approach Future Robust bus
Slide 28: Company Overview
ARIIL COMPANY OVERVIEW FY-2022-Investor Presentation 27
Slide 29: Ajmera Group at a Glance
ARIIL AJMERA GROUP AT A GLANCE 18.2 TOWNSHIP Mn Sq.ft. CULTURE & PINCODE 5X Massive Potential Landbank already CREATOR GROWTH owned by Ajmera Early Creators of Poised for 5x townships in the growth in the Total Development regions of Wadala, next 5 years footprint Andheri & Borivali with promising o
Slide 30: The Ajmera Footprint
ARIIL THE AJMERA FOOTPRINT Highest rentals in the country 554 lakh square feet of Mumbai 203 16 25 182 development **Includes completed, ongoing & upcoming development Gujarat, Ahmedabad Advanced stage projects & Others set for delivery in FY 23 57 12 - - Destination creater - Pune 18 - 03 - Wadala,
Slide 31: ESG
ESG ARIIL Environment friendly initiatives & recognition Strong Governance Practices Use of organic waste converters Board diversity policy to enhance to minimise garbage volumes effectiveness of board performance Solar Power, reusing STP wastage water Insurance renewals with regular for irrigation
Slide 32: ESG
ESG ARIIL Social Initiatives Participatory Women Empowerment : Company follows Water Management Programme* gender diversity and offers equal opportunity 2 villages • Chovatiya Talav of Chalva Improving Nutritional status of Malnourished covered • Mata Na Thalwalu Talav at Tadav Children in Tribal re
Slide 33: Shareholding & Price Movement
SHAREHOLDING & PRICE MOVEMENT ARIIL Shareholder Information 440 as on 31st Mar 2022 BSE Ticker 513349 NSE Symbol AJMERA Market Cap* (in INR Cr) 1,003 +173% Promoter holding % 69.73 % 80 % Free-Float 30.27% +37% Free-Float Market Cap (in INR Cr) 303 20 +17% Shares Outstanding in (in Cr) 3.55 1M ADTV
Slide 34: Annexure
ARIIL ANNEXURE FY-2022-Investor Presentation 33
Slide 35: Financial Summary – Q4 & FY22
FINANCIAL SUMMARY – Q4 & FY22 ARIIL Particulars Q4 FY22 Q4 FY21 YoY Q3 FY22 QoQ FY22 FY21 YoY (INR Cr ) Revenue From Operations 180.5 78.7 129% 69.1 161% 482.7 346.7 39% Other Income 3.1 1.1 196% 1.1 191% 6.4 5.1 27% Total Income 183.6 79.8 130% 70.1 162% 489.1 351.8 39% Cost Of Raw Material 131.8 5
Slide 36: Cash Flow Statement & Balance Sheet (Summary)
CASH FLOW STATEMENT & BALANCE SHEET (SUMMARY) ARIIL CASH FLOW STATEMENT BALANCE SHEET (CONSOLIDATED) FY22 FY21 FY22 FY21 FY22 FY21 Particulars Liabilities (INR Cr) (INR Cr) Assets (INR Cr) (INR Cr) (INR Cr) (INR Cr) Opening Cash & Cash Equivalents 25 8 Shareholders Funds 710 665 Trade Receivables 26
Slide 37: Completed Projects in Mumbai, Gujarat, Pune and Bangalore
ARIIL COMPLETED PROJECTS IN MUMBAI COMPLETED PROJECTS IN GUJARAT Project Name Location City Area (sq.ft.) Units Project Name Location City Area (sq.ft.) Units Bhakti-Park Wadala Mumbai 39,63,028 3400 Shastri Nagar Dharam Nagar Rajkot 7,00,000 1200 Zeon, i-Land Wadala Mumbai 4,82,000 225 Shastri Naga
Slide 38: Thank You
ARIIL THANK YOU Ajmera Realty and Infra India Limited Contact Info: Ajmera Realty and Infra India Limited E-mail: ir@ajmera.com Registered Office: Ajmera Realty & Infra India Ltd ,2nd Floor, Citi Mall, Andheri Link Road, Andheri (West), Mumbai - 400053 Phone: 022 - 6698 4000 CIN No.: L27104MH1985PLC
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