Arvind Smartspaces Ltd. · NSE:ARVSMART

Arvind Smartspaces — Q1 FY25 Earnings Presentation

87 slides from Arvind Smartspaces's earnings presentation, Jul 30, 2024

  1. Slide 1: Exchange filing cover letter

    30th July, 2024 BSE Limited NaƟonal Stock Exchange of India Ltd. LisƟng Dept. / Dept. of Corporate Services, LisƟng Dept., Exchange Plaza, 5th Floor, Phiroze Jeejeebhoy Towers, Plot No. C/1, G. Block, Bandra-Kurla Complex, Dalal Street, Mumbai - 400 001. Bandra (E), Mumbai - 400 051. Security Code :

  2. Slide 2: Information Update Q1 FY25

    INFORMATION UPDATE Q1 FY25 JULY 2024 Information Update I Q1 FY25 I 1 www.arvindsmartspaces.com

  3. Slide 3: Q1 FY25 Performance

    Q1 FY25 PERFORMANCE ▪ OPERATIONAL HIGHLIGHTS ▪ FINANCIAL HIGHLIGHTS Information Update I Q1 FY25 I 2

  4. Slide 4: Key Updates: Q1 FY25

    QUARTER HIGHLIGHTS KEY UPDATES: Q1 FY25 Q1 FY25 HIGHLIGHTS – BOOKINGS & COLLECTIONS Q1 FY25 HIGHLIGHTS – BUSINESS DEVELOPMENT ▪ Q1 Bookings improved by 49% YoY to Rs 201 Cr ▪ The cumulative new business development topline potential stands at ~Rs 410 Cr* in Q1 FY25 ▪ Performance driven by majorly su

  5. Slide 5: Bookings: Q1 FY25

    OPERATIONAL HIGHLIGHTS BOOKINGS: Q1 FY25 (In ₹ Cr.) 369 323 280 250 244 189 201 135 135 118 PY CY Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 Q1FY24 Q1FY25 Growth (YoY) ₹135 Cr ₹201 Cr 49% Information Update I Q1 FY25 I 4

  6. Slide 6: Bookings: Project-wise

    OPERATIONAL HIGHLIGHTS BOOKINGS: PROJECT-WISE Q1 FY24 Q1 FY25 City Project wise Rs. Cr Rs. Cr Gujarat Aavishkaar 7 3 Forreste (I to V) 14 14 Fruits of Life 31 0 High Grove / CW 26 2 Uplands 2.0 & 3.0 - 22 Uplands (One & Two) 13 - Rhythm of Life - 13 NH 47, South Ahmedabad - 93 Gujarat Total 90 148 K

  7. Slide 7: Unrecognized Revenue

    OPERATIONAL HIGHLIGHTS UNRECOGNIZED REVENUE – AS ON 30 JUN 24 UNRECOGNIZED REVENUE (In ₹ Cr.) 2345 2228 Jun 30, 2024 1506 ₹2,345 Cr 1005 Mar 31, 2023 ₹2,228 Cr As on 31 Mar 22 As on 31 Mar23 As on 31 Mar24 As on 30 Jun24 Information Update I Q1 FY25 I 6

  8. Slide 8: Collections: Q1FY25

    OPERATIONAL HIGHLIGHTS COLLECTIONS : Q1FY25 (In ₹ Cr.) Q1FY25 263 248 ₹248 Cr 215 204 204 194 188 167 21% Growth 133 (YoY) 113 Q1FY24 ₹ 204 Cr Q1FY24 Q2FY24 Q3FY24 Q4FY24 Q1FY25 PY CY Information Update I Q1 FY25 I 7

  9. Slide 9: Net Debt Movement: Q1FY25

    OPERATIONAL HIGHLIGHTS NET DEBT MOVEMENT: Q1FY25 BORROWING COST MOVEMENT (In %) NET DEBT: DECREASES (In ₹ Cr.) Mar 31, 2023 Jun 30, 2023 Mar 31, 2024 Jun 30, 2024 11.5 10.8 10.9 10.4 -30 -41 -58 CY PY -87 Mar 31, 2022 Mar 31, 2023 Mar 31, 2024 Jun 30, 2024 Net Interest-bearing funds as on Jun 30, 20

  10. Slide 10: P&L: Q1FY25

    FINANCIAL HIGHLIGHTS P&L: Q1FY25 CONSOLIDATED FINANCIALS SUMMARY REVENUE FROM OPERATIONS (In ₹ Cr.) *ADJUSTED EBITDA (In ₹ Cr.) PAT (In ₹ Cr.) 24% EBITD PAT Margin Margin (%) (%) Revenue EBITDA PAT 11% 14% 6% 67 75 16.2 8.0 9.1 4.6 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Growth (YoY)

  11. Slide 11: Q1FY25 Synopsis

    FINANCIAL HIGHLIGHTS Q1FY25 SYNOPSIS Booking Amount Area Booked Units Booked Revenue Projects Value for Collected City FY25 FY25 Recognized FY25 FY25 FY25 (sq ft.) (nos.) (Rs. Cr) (Rs. Cr) (Rs. Cr) Aavishkaar 9,236 11 3 3 3 Chirping Woods 2,565 - 0 4 1 Forreste 5^ 47,799 6 12 16 2 Forreste 1 - 4^ 9,

  12. Slide 12: Debt Profile – As on Jun 30, 2024

    FINANCIAL HIGHLIGHTS DEBT PROFILE – AS ON JUN 30, 2024 Amount in ₹ Cr. 30-Jun-2023 31-Mar-2024 30-Jun-2024 Gross Debt* 30 64 61 Net Interest-bearing (87) (41) (58) funds Net Interest-bearing (0.18) (0.08) (0.12) funds to Equity Information Update I Q1 FY25 I 11

  13. Slide 13: Consolidated Cashflows – Q1FY25

    FINANCIAL HIGHLIGHTS CONSOLIDATED CASHFLOWS – Q1FY25 Particulars (Rs in Crs) FY24 Q1 FY25 Opening Balance 27 21 Operating activities STRONG OCF TREND: (In ₹ Cr.) Collections 876 248 Construction cost and other overheads (296) (106) Taxes 0 1 Direct land cost/JDA and DM sharing (123) (46) Net Operati

  14. Slide 14: Project Portfolio

    PROJECT PORTFOLIO ▪ COMPLETED PROJECTS ▪ PROJECTS UNDER EXECUTION ▪ PROJECTS IN PIPELINE ▪ SYNOPSIS Information Update I Q1 FY25 I 13

  15. Slide 15: Project Portfolio - Completed

    COMPLETED PROJECTS PROJECT PORTFOLIO - COMPLETED Average Total Unsold Booking Revenue Booked ^Collections Price (Price State Project Saleable Inventory Value Recognized till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Aavishkaar 5,45,468 4,25,701 1,19,767 121 112 115 2,835 Alcove 10,32

  16. Slide 16: Project Portfolio - Ongoing

    COMPLETED PROJECTS PROJECT PORTFOLIO - ONGOING Average Total Unsold Booking Revenue Booked ^Collections Price (Price State Project Saleable Inventory Value Recognized till date) (Sqft) (Sqft) (Sqft) (₹ Cr) (₹ Cr) (₹ Cr) ₹ / Sq ft Gujarat Chirping Woods 13,39,092 11,10,218 2,28,874 132 1 96 1,185 For

  17. Slide 17: NH 47, South Ahmedabad

    PROJECTS IN PINELINE NH 47, SOUTH AHMEDABAD (TO BE LAUNCHED IN Q2) Ahmedabad, HORIZONTAL ~20 Mn Sq ft 1,450 Cr 50% MULTIUSE TOWNSHIP 500 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a multi-asset golf

  18. Slide 18: Arvind Orchards Phase 2, Bangalore

    PROJECTS IN PINELINE ARVIND ORCHARDS PHASE 2, BANGALORE (UNDER APPROVAL) DODDABALLAPURA HDFC PLATFORM-2 ARVIND’s INVST ROAD, PLOTTED 20.5 Acres ~0.5 Mn Sq ft 215 Cr DEVELOPMENT PROJECT LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% This would be ASL’s 9th project and second plotted develo

  19. Slide 19: North Bangalore, Near IVC Road

    PROJECTS IN PINELINE NORTH BANGALORE (UNDER APPROVAL) NEAR IVC ROAD, PLOTTED 0.45 Mn Sq ft 180 Cr 100% Owned DEVELOPMENT 20 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT This project is adjacent to the first project in Devanahalli and the 19 acres is fully owned by the Company

  20. Slide 20: Arvind Greatlands – Remaining Phase, Bangalore

    PROJECTS IN PINELINE ARVIND GREATLANDS – REMAINING PHASE, BANGALORE (UNDER APPROVAL) DEVANAHALLI, PLOTTED 0.2 Mn Sq ft 65 Cr 100% Owned DEVELOPMENT 7 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE PROJECT The first and second phase of this project with a total saleable area of ~0.95 mil

  21. Slide 21: Uplands 2.0 & 3.0 Phase 3, South Ahmedabad

    PROJECTS IN PINELINE UPLANDS 2.0 & 3.0 PHASE 3, SOUTH AHMEDABAD (UNDER APPROVAL) Ahmedabad, HORIZONTAL ~3.9 Mn Sq ft 405 Cr 55% MULTIUSE TOWNSHIP 92 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in South Ahmedabad envisaged to be a mult

  22. Slide 22: Bannerghatta Road, Bengaluru

    PROJECTS IN PINELINE BANNERGHATTA ROAD, BENGALURU (UNDER APPROVAL) HIGH RISE HDFC PLATFORM-2 PROJECT ARVIND’s INVST 4.3 Acres 0.46 Mn Sq ft 400 Cr LAND AREA INDICATIVE SALEABLE AREA INDICATIVE TOPLINE 33% The project is acquired on an outright basis under the HDFC Platform 2. This would be ASL’s 11t

  23. Slide 23: Sarjapura Road, Bengaluru

    PROJECTS IN PINELINE SARJAPURA ROAD, BENGALURU (UNDER APPROVAL) HIGH RISE PROJECT 0.32 Mn Sq ft 205 Cr 65% 3.0 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE The project is acquired on an outright basis under the HDFC Platform 2. Remainder phase of Forest Trails Sarjapur,

  24. Slide 24: NH 48, Surat

    PROJECTS IN PINELINE NH 48, SURAT (UNDER PLANNING) Ahmedabad, PLOTTED DEVELOPMENT ~13 Mn Sq ft 1,100 Cr 55% PROJECT 300 Acres INDICATIVE INDICATIVE Revenue Share LAND AREA SALEABLE AREA TOPLINE This is a joint development project in North Surat envisaged to be a multi-asset golf themed landmark town

  25. Slide 25: Rhythm of Life Phase 2, Laxmanpura Ahmedabad

    PROJECTS IN PINELINE RHYTHM OF LIFE Phase 2, LAXMANPURA AHMEDABAD (UNDER PLANNING) Ahmedabad, HORIZONTAL ~1.1 Mn Sq ft 140 Cr 100% MULTIUSE TOWNSHIP 20 Acres INDICATIVE INDICATIVE OWNED LAND AREA SALEABLE AREA TOPLINE The project is acquired on an outright basis. This project is located in Laxmanpur

  26. Slide 26: Moti Bhoyan, Ahmedabad

    PROJECTS IN PINELINE MOTI BHOYAN, AHMEDABAD (UNDER PLANNING) Ahmedabad, DEVELOPMENT 16 Acres ~0.7 Mn Sq ft 116 Cr 10% MANAGEMENT LAND AREA INDICATIVE INDICATIVE Revenue Share PROJECT SALEABLE AREA TOPLINE Executed an agreement with subsidiary of Arvind Ltd under the Development Management (DM) model

  27. Slide 27: South Ahmedabad, Ahmedabad

    PROJECTS IN PINELINE SOUTH AHMEDABAD, AHMEDABAD (UNDER PLANNING) Ahmedabad, PLOTTED DEVELOPMENT ~2.5 Mn Sq ft 150 Cr 100% Owned PROJECT 84 Acres INDICATIVE INDICATIVE LAND AREA SALEABLE AREA TOPLINE Commenced a large aggregation in South Ahmedabad of which 84 acres has been completed till date. This

  28. Slide 28: Project Portfolio

    PROJECT PORTFOLIO PROJECT PORTFOLIO Estimated Completion Saleable Status City Project Type Structure Economic Interest Date Sq Ft A. Completed Gujarat Summary of all completed projects Complete 32,38,724 Karnataka Summary of all completed projects Complete 17,05,134 B. Ongoing Gujarat Chirping Woods

  29. Slide 29: Estimated Operating Cash Flow

    PROJECT PORTFOLIO ESTIMATED OPERATING CASH FLOW Total Est. Booking Estimated Est. Balance Est. Operating ₹ Cr Booking Value till Value of Receivables Inventory + Cost to be Cashflow Value date Inventory Receivables Incurred* Gujarat Completed 584 520 64 7 70 0 70 Ongoing 2,938 2,308 629 627 1,257 87

  30. Slide 30: About the Company

    ABOUT THE COMPANY 01 02 03 04 05 06 KEY GEOGRAPHY HDFC ARVIND BRAND GOVERNANCE & MANAGEMENT INFORMATION SPREAD PARTNERSHIP CSR TEAM Information Update I Q1 FY25 I 29

  31. Slide 31: Overview

    KEY INFORMATION OVERVIEW Part of Lalbhai Group with a 120-year legacy - Strong trusted consumer brand Experienced Professional Mgmt. synonymous with robust governance and Success across product segments and geographies in Focused on P&L accretive Business Development creating value accretive busines

  32. Slide 32: The Journey So Far

    KEY INFORMATION THE JOURNEY SO FAR 2015 2021 2024 ₹. 900 Cr residential 2019 2021 development platform In April 2021, with HDFC Capital Infusion of funds by Commencement of our preferential issue of Advisors with a revenue Promoter and Promoter first project under DM 7.4% equity to MD & potential of

  33. Slide 33: Carved Its Niche in Residential Development Projects

    KEY INFORMATION CARVED ITS NICHE IN RESIDENTIAL DEVELOPMENT PROJECTS PROJECT CLASSIFICATION (ONGOING AND PLANNED) MAR 2024 RESIDENTIAL HORIZONTAL Built up Homes LUXURY (Villas, Developed Plots) (Villas, Apartments) 13% MID-MARKET 49% Developed Plots with 79% Golf/Club/Resort VERTICAL (Apartments) 83

  34. Slide 34: Listed (2015), Corporate Real Estate Developer Since 2008

    KEY INFORMATION LISTED (2015), CORPORATE REAL ESTATE DEVELOPER SINCE 2008 CAPITAL PAYMENTS MULTIPLE LAND SOURCING MODELS Completed Ongoing PROJECT PORTFOLIO (IN MN. SQ.FT.) Planned Jun-24 VALUE SHARE in % VOLUME SHARE in % 4.9 26.7 46 77.6 Mar-24 4.9 26.9 43.5 75.4 Jun-23 4.9 17.5 37.6 60.0 Mar-23 4

  35. Slide 35: Venturing into Newer Geographies in a Phased Manner

    GEOGRAPHY SPREAD VENTURING INTO NEWER GEOGRAPHIES IN A PHASED MANNER DIVERSIFIED FROM AHMEDABAD/GANDHINAGAR TO BANGALORE IN THE YEAR 2014 AND TO PUNE IN 2019 Ahmedabad / Gandhinagar / Surat 66%, Bangalore 33% Pune 1% AHMEDABAD / GANDHINAGAR, GUJARAT BANGALORE, KARNATAKA PUNE, MAHARASHTRA SURAT, GUJA

  36. Slide 36: Our Belief in Depth Over Breadth

    GEOGRAPHY SPREAD OUR BELIEF IN DEPTH OVER BREADTH KEY DECISION PARAMETERS PARTICULARS BANGALORE AHMEDABAD PUNE REMARKS AHMEDABAD MID INCOME SEGMENT SIZE Strong presence of salaried class High on Luxury and preference MID INCOME SEGMENT GROWTH High influx of salaried workers makes an attractive for h

  37. Slide 37: Strategic Partnership with HDFC Capital Advisors

    HDFC PARTNERSHIP STRATEGIC PARTNERSHIP WITH HDFC CAPITAL ADVISORS 2019 2021 2022 QUALITY CAPITAL INVESTOR PEDIGREE BRAND ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q1 FY25 I 36

  38. Slide 38: Strong Brand Recall: Arvind Synonymous with Values and Repute

    BRAND STRONG BRAND RECALL ‘ARVIND’ SYNONYMOUS WITH VALUES AND REPUTE SmartSpaces is part of Gujarat based Lalbhai Group with a 120 year legacy that presides over a wide portfolio of businesses viz. Textiles and clothing, Branded Apparels, Technical textiles, Water stewardship, Omni channel, Telecomm

  39. Slide 39: Strong Governance & CSR Initiatives

    BOARD STRONG GOVERNANCE & CSR INITIATIVES Mr. Sanjay S. Mr. Kulin S. Mr. Kamal Mr. Pratul Lalbhai Lalbhai Singal Shroff Chairman & Vice Chairman Managing Director Independent Non-Executive & CEO Director Mr. Vipul Mr. Prem Ms. Pallavi Prakash Mr. Nirav Shah Vyas Roongta Pangotra Independent Independ

  40. Slide 40: Led by an Experienced Professional Management Team

    LEADERSHIP LED BY AN EXPERIENCED PROFESSIONAL MANAGEMENT TEAM JAGDISH DALAL | AVINASH SURESH | Senior Vice President Chief Operating Officer ▪ Over 30 years of experience ▪ Overall experience of ▪ Excels in corporate finance over 19 years with Godrej, Aditya Birla etc. MITANSHU SHAH| SHARVIL SHAH |

  41. Slide 41: 5 Year Performance

    5 YEAR PERFORMANCE ▪ OPERATIONAL ▪ FINANCIAL Information Update I Q1 FY25 I 40

  42. Slide 42: Bookings: FY24

    5 Year Performance BOOKINGS: FY24 BOOKINGS: BEST EVER YEAR (In ₹ Cr.) 1200 41% CAGR FY20 – FY24 1107 1000 FY24 802 800 ₹1107 Cr 601 529 38% 600 Growth (YoY) 400 286 FY23 ₹802 Cr 200 0 FY20 FY21 FY22 FY23 FY24 Information Update I Q1 FY25 I 41

  43. Slide 43: Collections: FY24

    5 Year Performance COLLECTIONS: FY24 COLLECTIONS: BEST EVER YEAR (In ₹ Cr.) 1,000 37% CAGR FY20 – FY24 900 876 800 FY24 ₹876 Cr 700 595 600 600 46% 500 Growth 326 400 (YoY) 300 246 200 FY23 100 ₹600 Cr 0 FY20 FY21 FY22 FY23 FY24 Information Update I Q1 FY25 I 42

  44. Slide 44: Consolidated Financial Performance

    5 Year Performance CONSOLIDATED FINANCIAL PERFORMANCE REVENUE (In ₹ Cr.) EBITDA (In ₹ Cr.) 341 30% 25% 26% 27% 100 35% 299 24% 90 22% 30% 262 257 256 80 25% 70 60 149 20% 50 15% 40 30 10% 68 89 41 61 57 86 20 5% 10 0 0% FY19 FY20 FY21 FY22 FY23 FY24 FY19 FY20 FY21 FY22* FY23* FY24 EBITDA Margin (%)

  45. Slide 45: Business Model & Strategic Pillars

    BUSINESS MODEL & STRATEGIC PILLARS ▪ FUNDAMENTALS ▪ STRATEGIC PILLARS Information Update I Q1 FY25 I 44

  46. Slide 46: Key Business Fundamentals

    BUSINESS FUNDAMENTALS KEY BUSINESS FUNDAMENTALS LEAN ORGANISATION ▪ Low fixed cost: Centralized key functions ▪ Small team comprising key skill sets: Total on-roll strength of ~400 (March 2024) FOCUS ON LOW OPERATING LEVERAGE AND OUTSOURCING ▪ High reliance on outsourcing of noncore activities and e

  47. Slide 47: Strategic Pillars

    STRATEGIC PILLARS STRATEGIC PILLARS Asset light Customer Centricity Balanced Risk Profile Systems & Processes Innovation Corporate presentation InformationI Update OCTOBERI Q1 2023 FY25 I I 46

  48. Slide 48: Asset Light

    STRATEGIC PILLARS ASSET LIGHT TREAT LAND AS RAW MATERIAL; NO LAND BANKING; PROCESS INDUSTRY APPROACH PARAMETER TRADITIONAL LAND BANKING APPROACH OUR APPROACH Investment class Asset Raw Material Approach Speculative for appreciation Quick turnaround Value Add By Holding By quick conversion into value

  49. Slide 49: Balanced Risk Profile

    STRATEGIC PILLARS BALANCED RISK PROFILE FOCUS ON EFFICIENT CASH FLOW MANAGEMENT & LOW LEVERAGE FOCUSED MARKET & GEOGRAPHIC STRATEGY ▪ Target 30-40% sales at pre-launch & launch stages to generate momentum and thereby reduce working capital requirements ▪ Conservative horizontal market expansion ▪ En

  50. Slide 50: Innovation

    STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION UPLANDS: EXECUTIVE GOLF COURSE SPORCIA: HOMES AROUND SPORTS SKYLANDS: JOGGING TRACK IN THE SKY EXPANSIA: ALL ABOUT SPACES BELAIR: YOUR CLUB IN THE AIR UPLANDS: INSPIRED BY DISNEY ® Information Update I Q1 FY25 I 49

  51. Slide 51: Innovation

    STRATEGIC PILLARS INNOVATION PRODUCT INNOVATION 3 ACRES OF LILY POND @ HG URBAN FORREST @ FORRESTE INTERNATIONAL CLUB ARCHITECTURE @ HG Forest Sitouts Forest Trail Forest Caves Campfire Point Information Update I Q1 FY25 I 50

  52. Slide 52: Customer Centricity

    STRATEGIC PILLARS CUSTOMER CENTRICITY AIMING FOR DELIGHT AT EVERY TOUCH POINT IN CUSTOMER LIFE CYCLE Customer Centric product offering* Value added Maintenance Services Impeccable record of on-time delivery Customer greetings Customer Portal to enable self services Innovative Pro-Res Services PROJEC

  53. Slide 53: Systems and Processes

    STRATEGIC PILLARS SYSTEMS AND PROCESSES DESIGN & DEVELOPMENT PROCESS DEFINED PROJECT ACQUISITION POWERFUL SALES ENGINE & PROCESSES SUPPORTED BY BEST-IN-CLASS PROCESS ▪ Best in class design partners: Woods ▪ System driven sales funnel for enhanced TECHNOLOGY Bagot, HOK, RSP, AAA ▪ Experienced land ac

  54. Slide 54: Looking Ahead

    LOOKING AHEAD ▪ DIFFERENTIATING FACTORS ▪ KEY FOCUS AREAS Information Update I Q1 FY25 I 53

  55. Slide 55: Our Differentiating Factors in the Real Estate Marketplace

    DIFFERENTIATING FACTORS OUR DIFFERENTIATING FACTORS IN THE REAL ESTATE MARKETPLACE EFFICIENT AND COMPETITIVE LAND SUCCESSFUL PARTNERSHIP – LONG ON TIME EXECUTION SOURCING TERM VALUE CREATION ▪ ▪ LEVERAGING BRAND ARVIND EXECUTION EXPERTISE VALUE FOR MONEY ▪ ▪ ▪ ▪ ▪ ▪ Information Update I Q1 FY25 I 54

  56. Slide 56: Our Business Strategies to Accelerate Growth

    KEY FOCUS AREAS OUR BUSINESS STRATEGIES TO ACCELERATE GROWTH NEAR TERM BUSINESS PLAN Aim to be amongst India’s ▪ Use Balance Sheet headroom and HDFC partnership to significantly grow project pipeline top ten real ▪ Multifold growth in bookings while maintaining profitability estate players ▪ Augment

  57. Slide 57: Awards and Recognition

    AWARDS AND RECOGNITION ▪ AWARDS ▪ ACCOLADES Information Update I Q1 FY25 I 56

  58. Slide 58: Awards & Recognitions FY16-24

    AWARDS AWARDS & RECOGNITIONS FY16-24 Company & Individual Awards ‘Emerging Developer of Real Estate Most ‘Real Estate Most ‘Asia’s Greatest Brands ‘Asia’s Greatest Leaders ‘Scroll of Honour’ - 9th the Year - Residential’ – Enterprising CEO of the Enterprising CEO of the 2016’, - Asiaone magazine 201

  59. Slide 59: Awards & Recognitions FY16-24

    AWARDS AWARDS & RECOGNITIONS FY16-24 Project Awards ‘Luxury Project of the Year’- ‘Integrated Township of the ‘Integrated Township of the ‘Residential Property of the ‘Residential Property of the ‘Design Project of the Year’ Uplands - Realty plus Year – India’ – Feb’16 Year’ Uplands - Apr’16, The Ye

  60. Slide 60: Awards & Accolades FY25

    ACCOLADES AWARDS & ACCOLADES FY25 Golden Brick Awards 2024, Dubai, UAE 16th Realty+ Excellence Awards, 2024 - Gujarat Developer of the Year Villa Project of the Year - Arvind Forreste Luxury Villa Project of the Year Developer of the year - Ultra Luxury & – Arvind Forreste Lifestyle Information Upda

  61. Slide 61: Annexure: Project Profile in Detail

    ANNEXURE: PROJECT PROFILE IN DETAIL ▪ OVERVIEW ▪ PROJECT DETAILS Information Update I Q1 FY25 I 60

  62. Slide 62: Uplands

    PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Premium Golf Based Township 189 Villas Phase I, 54 Villas Phase II Overall 56 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q1 FY25 I 61

  63. Slide 63: Uplands

    PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS Information Update I Q1 FY25 I 62

  64. Slide 64: Uplands Clubhouse

    PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS CLUBHOUSE Information Update I Q1 FY25 I 63

  65. Slide 65: Skylands

    PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS High Rise Residential Apartments 417 Units – 4.9 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q1 FY25 I 64

  66. Slide 66: Skylands

    PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS Information Update I Q1 FY25 I 65

  67. Slide 67: Aavishkaar

    PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Affordable Residential Apartments 574 Units – 5.5 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: VITAN (JAGRUT & PARTNERS LLP) AMENITIES Information Update I Q1 FY25 I 66

  68. Slide 68: Aavishkaar

    PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR Information Update I Q1 FY25 I 67

  69. Slide 69: Aavishkaar Club House

    PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q1 FY25 I 68

  70. Slide 70: Aavishkaar Club House

    PROJECT// NARODA ROAD, AHMEDABAD AAVISHKAAR CLUB HOUSE Information Update I Q1 FY25 I 69

  71. Slide 71: Oasis

    PROJECT// TUMKUR ROAD Bangalore OASIS 2 and 3 BHK Residential Apartments 470 units – 5.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q1 FY25 I 70

  72. Slide 72: Oasis

    PROJECT// TUMKUR ROAD Bangalore OASIS Information Update I Q1 FY25 I 71

  73. Slide 73: Oasis Club House

    PROJECT// TUMKUR ROAD Bangalore OASIS CLUB HOUSE Information Update I Q1 FY25 I 72

  74. Slide 74: Belair

    PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR 2, 2.5 &3 BHK Residential Apartments 334 units – 4.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q1 FY25 I 73

  75. Slide 75: Belair Show Flat

    PROJECT// NEW TOWN ROAD YELAHANKA, Bangalore BELAIR SHOW FLAT Information Update I Q1 FY25 I 74

  76. Slide 76: Elan

    PROJECT// KOTHRUD ROAD, PUNE ELAN High rise Residential Apartments 120 Units – 1.3 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: - A&T CONSULTANTS AMENITIES Information Update I Q1 FY25 I 75

  77. Slide 77: The Edge

    PROJECT// TUMKUR ROAD, Bangalore THE EDGE Commercial & Retail Space 116 Units – 1.7 Lakh Sq. Ft. Deal Structure: OUTRIGHT PURCHASE Architect: APURVA AMIN AMENITIES Information Update I Q1 FY25 I 76

  78. Slide 78: Highgrove Chirping Woods

    PROJECT// MOTI DEVTI, SANAND, AHMEDABAD HIGHGROVE CHIRPING WOODS Weekend Homes - Plots ~777 Units Overall 57 Lakh Sq. Ft. Deal Structure: JOINT DEVELOPMENT Architect: WOODS BAGOT AMENITIES Information Update I Q1 FY25 I 77

  79. Slide 79: Forreste

    PROJECT// RACHARDA KHATRAJ ROAD, AHMEDABAD FORRESTE Premium Land Oriented Villa Scheme 353 Units in Phase 1 to 4, 98 units Phase 5 (Overall ~50 Lakh Sq. Ft.) Deal Structure: DM Architect: In-House & GOMA ENGINEERING AMENITIES Information Update I Q1 FY25 I 78

  80. Slide 80: Fruits of Life

    PROJECT// BAVLU, GHANDINAGAR FRUITS OF LIFE Premium Weekend Villa Plots 245 Units in Phase 1 & 2 (Overall ~17.5 Lakh Sq. Ft.) Deal Structure: Outright Architect: In-House AMENITIES Plots with your own Near Bavlu lake that is full community fruit orchards of native & migratory birds Banquet Hall & Gy

  81. Slide 81: Greatlands

    PROJECT// DEVANAHALLI, BANGALORE GREATLANDS Premium Weekend Villa Plots 612 Units in Phase 1 & 2 (Overall ~9.5Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Colliers International AMENITIES Spa, library, and yoga 9 Hole Executive Golf pavilion, State-of-the-art Course clubhouse amidst na

  82. Slide 82: Forest Trails

    PROJECT// SARJAPUR, BANGALORE FOREST TRAILS Premium 5BHK Villa 253 Units in Phase 1 (Overall ~8.Lakh Sq. Ft.) Deal Structure: JOINT DEVELOPMENT Architect: Apurva Amin Associates AMENITIES 1.2-kilometre-long Forest Lily Pond Trail Senior Citizens’ Sit Out Barbeque Station, Gymnasium, swimming clubhou

  83. Slide 83: Arvind Orchards

    PROJECT// DODDBALLAPUR, BANGALORE ARVIND ORCHARDS Premium Weekend Villa Plots 330 Units in Phase 1 (Overall ~6.Lakh Sq. Ft.) Deal Structure: HDFC Platform 2 Architect: In House AMENITIES Fruit Orchard Lily Pond Fruit Tree Boulevard Senior Citizens’ Park PET Park Clubhouse, spa Gymnasium, swimming po

  84. Slide 84: Rhythm of Life

    PROJECT// LAXMANPURA, AHMEDABAD RHYTHM OF LIFE Premium Weekend Villa Plots 102 Units in Phase 1 (Overall ~8Lakh Sq. Ft.) Deal Structure: Owned Architect: In House AMENITIES Lake Promenade Lily Pond Musical Fountain Senior Citizens’ Park PET Park Clubhouse, spa Gymnasium, swimming pool pool, floor ga

  85. Slide 85: Uplands 2.0 & 3.0

    PROJECT// ADRODA, AHMEDABAD UPLANDS 2.0 & 3.0 Premium Weekend Villa Plots 1168 Units in Phase 1 & 2 (Overall ~10.1Lakh Sq. Ft.) Deal Structure: Joint development Architect: Perkins Eastman AMENITIES 1.2 lakh sq ft, Lily Pond Clubhouse Senior Citizens’ Park PET Park Clubhouse, spa Gymnasium, swimming

  86. Slide 86: Safe Harbor

    SAFE HARBOR This presentation has been prepared by Arvind Smart Spaces Limited solely to provide information about the Company. 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 such informatio

  87. Slide 87: Thank You

    THANK YOU ARVIND SMARTSPACES LTD (CIN: L45201GJ2008PLC055771) REGISTERED & CORPORATE OFFICE: 24, Govt. Servant’s Society, Adj. Municipal Market, C. G. Road, Ahmedabad- 380 009 Tel: +91 79 68267000 www.arvindsmartspaces.com INVESTOR RELATIONS MITANSHU SHAH| CFO E: mitanshu.shah@arvind.in M: 079 68267

Arvind SmartSpaces — Q1 FY25 Earnings Presentation on 6ix