Ashiana Housing Limited · NSE:ASHIANA
Ashiana Housing — Q4 FY2012 Earnings Presentation
18 slides from Ashiana Housing's earnings presentation, Jun 16, 2012
Slide 1: Ashiana Housing Limited – Update for Year & Quarter Ending Mar 31st 2012
Ashiana Housing Limited Update for Year & Quarter Ending Mar 31st 2012 1 Flash Mob by Utsav Residents, Delhi
Slide 2: Agenda
Agenda Highlights Ongoing Project Details Financial Summary Future Projects Future Outlook 2
Slide 3: Highlights FY12
Highlights FY12 Area booked during the year 2011-12 was 17.83 lsf, 32% higher than 13.50 lsf booked in 2010-11. Equivalent area constructed during the year 2011-12 was 14.62 lsf, 36% higher than 10.74 lsf constructed 2010-11. Sales and Other Income for FY12 increased by 61% to ` 24,898 lakhs from `
Slide 4: Highlights FY12
Highlights FY12 Expansions Acquired 55 acres of land situated at village Thada, Bhiwadi. Acquisition of 10.13 Acres land at Kolkata Entered into Gujarat market by acquiring 10.65 acres in Halol, Vadodara. Entered into a partnership with Manglam group for development of 31 acres land in village Vatik
Slide 5: Highlights (Q4 FY12)
Highlights (Q4 FY12) Area Booked increased by 32% YoY to 4.99 lsf in Q4FY12 from 3.79 lsf in Q4FY11. QoQ increase was 18%. Equivalent area constructed increased by 66% YoY to 4.69 lsf in Q4FY12 from 2.82 lsf in Q4FY11. QoQ increase was 18%. Sales and Other Income increased by 65% YoY to ` 9179 lakhs
Slide 6: Ongoing Projects
Ongoing Projects Saleable Area Area Launched Area Booked Till Project Name Location Type Remarks (lsf) (lsf) 31/03/12 (lsf) Handed over first three phases, started Ashiana Aangan Bhiwadi Group Housing 20.57 20.57 20.15 handing over Phase IV and V, phase VI in CY 2012. Active Senior Phase I, II & III
Slide 7: Ongoing Projects Cont…
Ongoing Projects Cont… Break up of Saleable Area of Ongoing Projects 7
Slide 8: Ongoing Projects Cont….
Ongoing Projects Cont…. Particulars Q3FY11 Q4FY11 Q1FY12 Q2FY12 Q3FY12 Q4 FY12 Equivalent Area Constructed 3.17 2.82 2.70 3.27 3.96 4.69 (In lsf) Area Booked 3.05 3.79 3.81 4.82 4.22 4.99 (In lsf) Average Realizations 1954 2005 2187 2075 2190 2302 (In `/Sq.Ft.) Referral Bookings 163 197 180 212 8
Slide 9: Ongoing Projects Cont….
Ongoing Projects Cont…. Launched Rangoli Gardens, Phase IV for bookings. Launched Utsav Lavasa, Phase II for bookings. Started handing over Ashiana Brahmananda Phase I, Jamshedpur with 180 units and saleable area of 2.05 lakhs sq. ft. Started handing over Ashiana Aangan – Phase IV and V 9
Slide 10: Ongoing Projects Cont…. – Area Booked by Geography
Ongoing Projects Cont…. Lavasa Jodhpur 0% Jodhpur Lavasa 10% Jamshedpur 7% 0% 9% Jamshedpur Apr 11 – Jun 11 Oct 11 – Dec11 Bhiwadi 14% Bhiwadi 30% 35% Jaipur Jaipur 51% 44% Break up of Area Lavasa Jodhpur Lavasa 5% 1% Booked Jodhpur 3% 14% Jamshedpur 10% (Geographically) Bhiwadi 30% Bhiwadi Jamshedp
Slide 11: Ongoing Projects Cont…. – Area Booked by Category
Ongoing Projects Cont…. Retail 5% Apr 11 – Jun 11 Oct 11 – Dec 11 Group Housing Group Housing 98% 91% Active Senior Active Senior Living 4% Living 2% Break up of Area Booked (Category-wise) Retail 1% Group Housing 95% Retail 1% Active Senior Group Housing Active Senior 94% Living 4% Living 5% Jul 11
Slide 12: Financial Summary (Consolidated)
Financial Summary (Consolidated) Particulars Q3 FY11 Q4 FY11 Q1 FY12 Q2 FY12 Q3 FY12 Q4 FY12 (in Lakhs `) Sales and Other Income 2,638 5,565 4,251 5,773 5,702 9,171 Operating Expenditure 1,723 3,100 2,616 3,909 3,645 5,760 EBITDA 915 2,465 1,635 1,864 2,057 3,411 Profit After Tax 724 1,696 1,304 1,4
Slide 13: Financial Summary (Consolidated)
Financial Summary (Consolidated) Particulars 2007-08 2008-09 2009-10 2010-11 2011-12 (in Lakhs `) Sales and Other 13,345 10,401 12,103 15,428 24,898 Income Operating 8,861 7,027 7,411 9,578 15,930 Expenditure EBITDA 4,484 3,374 4,692 5,850 8,967 Profit After Tax (PAT) 3,865 2,840 3,677 4,386 6,955 *
Slide 14: Financial Summary (Consolidated)
Financial Summary (Consolidated) Revenue recognition and profits accounted will be weak for FY12-13 & FY 13-14 as the company will transition to contract completion method of accounting from percentage of completion method. The operating and cash flow figures will provide a better gauge of performan
Slide 15: Future Projects
Future Projects Land Name and Location Land Area (Acres) Estimated Saleable Area (lsf) Proposed Development Ashiana Town, Thada Group Housing/ Bhiwadi 55.00 36.00 Active Senior Living Utsav, Kolkata 10.13 7.50 Active Senior Living Milakpur Land, Group Housing/ Bhiwadi 40.63 31.00 Active Senior Livin
Slide 16: Future Outlook
Future Outlook Targets for bookings and construction for next year: In lsf 2008-09 2009-10 2010-11 2011-12 2012-13E Area Booked 5.26 7.07 13.50 17.83 16.00 Equivalent Area 9.40 10.22 10.74 14.62 14.00 Constructed The targets for FY13 are lower than the achievements of FY12 due to non-availability of
Slide 17: Abbreviations
Abbreviations lsf : Lakhs square feet psf: Per square feet EAC: Equivalent Area Constructed PAT : Profit after Tax `: Indian National Rupees 17
Slide 18: Thank You
Thank You For Any Queries Contact: Varun Gupta, Director - Finance Phone: 011-42654265 Email: [email protected] Rangoli Gardens, Jaipur Ashiana Greenwoods, Jaipur 18