Investor Presentation Q1FY17
BSE: 506194 | Bloomberg: ARSU:IN | www.asl.net.in Safe Harbor
Except for the historical information contained herein, statements in this presentation and the subsequent discussions, which include words or phrases such as "will", "aim", "will likely result", "would", "believe", “may", "expect", "will continue", "anticipate", "estimate", "intend", "plan", "contemplate", seek to", "future", "objective", "goal", "likely", "project", "should", "potential", "will pursue", and similar expressions of such expressions may constitute "forward-looking statements", These forward looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to our ability to successfully implement our strategy, our growth and expansion plans, obtain regulatory approvals, our provisioning policies, technological changes, investment and business income, cash flow projections, our exposure to market risks as well as other risks. The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.
Arihant Superstructures Limited - Investor Presentation | 2016 2 Company Overview
Arihant Superstructures Limited - Investor Presentation | 2016 3 Business Profile Upcoming Business • The group was established in 1994 and has an impeccable track Group History record of building real estate projects
• Promoted by Mr. Ashok Chhajer, who is recently awarded “Real Estate Leader of year 2015-16” by ACEF Property Awards 5,000 + 12,000+ • Dominant presence in growth centres of urbanisation like Affordable homes under Mumbai MMR (Badlapur, Shil Road, Taloja – Navi Mumbai, Panvel, homes built construction Karjat, Khopoli, and Kharghar Annex) and Jodhpur
• Focus on ‘affordable luxury’ segment by providing homes at an affordable rate while not compromising on basic amenities which are luxuriously done 4 Mn. + ~13 mn + • Completely integrated in-house capabilities of Land Acquisition & square feet Sq. feet under Procurement, Liaison, Design & Engineering, EPC and Marketing & constructed Sales development
Winner of prestigious awards and accolades including:
CORPORATE INDIA’S TOP BEST CORPORATE MUMBAI HOT 100 PROJECTS EXCELLENCE AWARDS BRAND 2016 50 BRANDS ARIHANT ADITA 16 40 + Landmark Projects Executed projects under 2015 2014 and 2015 2014 2014 execution
4 Arihant Superstructures Limited - Investor Presentation | 2016 ~13.0 mn square feet under construction The Journey so far Winner of Mumbai Hot 50 brands 2nd time in a row Economic Times award – Best Corporate Brand 2016
Launch of landmark project (Arihant Agrima) in Jodhpur under PPP with Jodhpur Development Authority 2016 2014
2011 Completes 25 • 4 mn sqft and 40 projects projects delivered • Revenue crosses Rs. 1bn • 2007 3 prestigious awards – India’s Top Projects by Completes Crisil, Mumbai Hot 50 2004 10 projects brands, Corporate GROWTH Excellence by Lokmat 1 mn sq.ft Launch of real 2000 delivered estate division by Mr. Ashok 1999 Chhajer Identifies Navi Mumbai as the next BIG potential and planned 1994 30 projects over the next 15 years
TIMELINE 5 Arihant Superstructures Limited - Investor Presentation | 2016 Key Differentiators
• Focus on affordable housing segment • Active and independent • Leadership position in Business Corporate board with industry Mumbai MMR and Jodhpur Model Governance and specialists regions Risk Management • Emphasis on strong financial • Sanctioned buildable area of discipline, internal audits ~13.0 mn sqft to be and statutory compliances developed over the next 7 years
Key Differentiators
• Direct procurement of lands • Strong marketing base with at low cost sales through direct and multiple channel partners • In-house design, engineering & project implementation • Never forfeited any optimizes quality and customer deposit ever in Operating timelines complete life cycle Marketing Efficiencies • Fortnightly construction • No transfer charges & No audit conducted by lock-in period policy in sales independent auditor
6 Arihant Superstructures Limited - Investor Presentation | 2016 Board of Directors • Over 2 decades experience in the real estate business Ashok Chhajer • Prior experience ranging from textile, oil refinery to real estate financing Promoter and CMD • At Arihant, he oversees corporate strategy, project design and land acquisition functions
• An architect and a post-graduate in Town Planning with over 25 years experience Dinkar Samant • Worked with CIDCO as chief architect and planner Whole Time Director • Presented with Prime Minister’s award of excellence in urban planning
• BE (Civil- honors), Diploma -Industrial safety and MBA with over 30 years experience in Project management, Construction, Rajesh Agarwal Infrastructure, Petroleum, Oil and Gas, Logistics and Free Trade Ware housing Zone (FTWZ), Port development, Sales and Director Marketing, Operation, Maintenance and HSE, Due diligence and acquisition etc.. • Earlier Worked with PWD Rajasthan, BPCL, Reliance Industries Limited and Arshiya International Limited
Nimish Shah • A civil engineer with over 17 enriched experience in construction Whole Time Director • Earlier association with Hiranandani group and Soham group,Thane • Responsible for Planning and Execution, project estimation, Infrastructure and site organization of projects
Vinayak Nalavde • Over 25 years experience with various government departments Independent Director • Earlier worked with CIDCO as Joint Managing Director.
Dinesh Chandra Babel • A Chartered Accountant retired as President - Finance & Commercial at Ispat Industries Ltd and earlier associated with Independent Director companies like Birla Corp, Jai Prakash Industries, and JK corp.
• IIT Alumnus and a fellow chartered engineer Virendra Mital • Vast experience in construction, real estate, power plants, mining and highway projects Independent Director • An ex government employee with Rajasthan
Mrs. Kamini Shroff • A law graduate with vast experience across legal framework and specialization in Corporate Law. Independent Director • Worked earlier with ICICI group. Currently running an Independent Legal consultant in the area of Corporate Law/real estate
Arihant Superstructures Limited - Investor Presentation | 2016 7 Key Management Personnel Akshay Agarwal • Dual specialization in Marketing and Logistics from Ohio State University, Columbus USA Dir.- Sales and Marketing • At Arihant, he is involved in sales & marketing & expansion
Piyush Dosi • A civil engineer with over 20 years’ experience in project planning and execution Exec. Dir. (Jodhpur) • At Arihant, he drives the project execution at the Jodhpur region
Aman Verma • An IIM Alumni, with a civil engineering degree and over 18 years experience in leading real estate companies and MNCs CFO • Vast experience in structured finance, equity, real estate accounting, financial management and control.
Umesh Jhawar • An MBA, with BSc.(Tech) and over 20 years of industry experience in business strategy, planning and business expansion VP Strategy and IR • At Arihant he is responsible for investor relations, corporate planning and business strategy.
Kunal Shah • Over 20 years work experience in purchasing, supplier partnerships and development GM-Purchase • Worked with companies like Gandhi Automation and Wal plast Products
Tushar Khatri • Over 15 years sales and business development experience GM Sales • Responsible for direct sales and channel sales
Ravindra Parakh • A chartered account with experience in accounting, statutory compliances, taxation, audit and corporate law Chartered Accountant • Looks at financial control and compliance
Ajay Purohit • Experience of 15 years in field of construction both industrial and residential civil works Head (Civil-Jodhpur) • At Arihant, he is the head of civil affairs in the Jodhpur region
Kanta Sunil Kumar • Graduate with 10+ years of industry experience HR and Brand Manager • Responsible for HR and brand management
Naval Kishore Singh • A company secretary with experience in corporate affairs and legal framework Company Secretary • Specialization in corporate law, investor grievance handling, corporate governance and statutory affairs.
Arihant Superstructures Limited - Investor Presentation | 2016 8 Awards and accolades
2015
Best Business Winner of Mumbai Best Corporate Practices award in Hot 50 Brands by Brands 2016- Real Real Estate- 2014 by One India and Paul Estate by the Accommodation Writer Economic Times Times
2011 2012 2013 2014
Best Developer in Power Brands Public Award Inspiration leaders Arihant Adita Mumbai Hot Corporate affordable housing Entrepreneur of the Popular choice of new India 2013, ‘India’s Top 100 50 Brands by Excellence year Developer - MCHI Power Brand Glam, projects’ by HT award CRISIL 9 Arihant Superstructures Limited - Investor Presentation | 2016 Brand Ambassador
• There is a striking resemblance between Arihant and Ranveer Singh.
• The success achieved by Ranveer reflects hard work and passion for excellence.
• This goes well with Arahant's signature style of “Continuing stability” to weather in all the times of peaks and troughs.
10 Arihant Superstructures Limited - Investor Presentation | 2016 Industry Dynamics
Opportunity of Vision – Housing for all by 2022 All India Demand Pattern
The Central Government has a stated vision to Urban Rural Total provide housing for all citizens of the country by Particulars 2022 (mn units) (mn units) (mn units)
Current Housing Shortage 19 40 59 Currently housing shortage is 60 mn units. Estimated demand is 110 mn units by 2022 Required units by 2022 26 - 29 23 - 25 49 – 54
Total need 45 - 48 63 - 65 107 - 113 70 percent of the urban housing need is in the affordable segment Required units by 2022 – Maharashtra & Rajasthan
Urban Rural Total Particulars USD 2 trillion investment is possibly required to (mn units) (mn units) (mn units) achieve the vision Maharashtra 5 5.5 10.5
Rajasthan 2.1 4.5 6.6 Industry Investment pattern by 2022 Total need in 2 states 7.1 10.0 17.1
28% Source: Decoding Housing for all by 2022 – KPMG - NAREDCO EWS
US$2.3 tn 33% LIG • Almost 16% of the total urban housing units required by 2022 from 17% the states of Maharashtra & Rajasthan alone MIG • Arihant currently developing over 12,000 units in Urban 22% HIG Maharashtra & Rajasthan compared to requirement of 7.1 mn units
11 Arihant Superstructures Limited - Investor Presentation | 2016 Business Region in Focus – MMR Key factors Population (mn) Growth Households in mn 2008 2025 CAGR Income Level 2010 2020 2032 MMR 22 34 2.6% 90 k - 200 k 2.53 1.61 0.51 Greater Mumbai 14 17 1.1% 200 k - 500 k 2.79 4.35 6.22 RoMMR 8 17 4.5% 500 k - 1000 k 0.12 1.34 2.8
Source: Housing Policy in MMR Region by Bombay First Source: Concept Plan for MMR - Deloitte Kalyan • Population growth in RoMMR is expected to be at a CAGR of 4.5% Badlapur • Household Income in the 200 k – 500 k and 500 k – 1000 k expected to rise fastest indicating Mumbai need for affordable houses Taloja Vashi Growth Drivers • Metro line in Navi Mumbai from CBD Belapur to Pendhar which would be extended southwards Panvel up to Khandeshwar-NMIA Karjat • Navi Mumbai International Airport (NMIA)(Proposed investment of INR70b) • NAINA, 600 sq. km New Township by CIDCO Khopoli • Over 93 sq. km Khopta New Town (KNT) by CIDCO • MTHL (Mumbai Trans Harbour Link) from Sewri to Nhava Sea • Additional metro corridor between Mankhurd and Ghatkopar proposed to be extended up to CIDCO’s INR 500b Investment Plan Panvel via NMIA • Navi Mumbai International Airport(70b) • Dedicated freight corridor (DFC) between Delhi and Mumbai (originating from JNPT) NAINA & KNT • JNPT Expansion(80b) fall under Zone C and Zone D of the DMIC region, which adds to development potential • Affordable Housing (107b) • Alibaug-Virar Multi Modal Corridor • NAINA Pilot Project(40b) • Alignment of Mumbai-Vadodara Spur in MMR is under implementation by NHAI which starts in • National Highway Expansion(30b) Virar and ends in Panvel for fast movement of port related inter-city traffic (JNPT) • CIDCO’s Railway & METRO Projects(131b) Source: IDP for NAINA by CIDCO, Aug 2014 • CIDCO’s Infrastructure Development What we have? Projects(74b) • 9 ongoing projects Potential to generate ~1 mn jobs and • 7.82 mn saleable area therefore added housing demand • Over 7200 units
12 Arihant Superstructures Limited - Investor Presentation | 2016 Business Region in Focus - Jodhpur
Key factors • 2nd largest 'Metropolitan City' of Rajasthan • Industrial cluster and export hub of Handicrafts, Solid Wooden Furniture, Gaur Gum, Textiles, SS utensils & Stone processing • Population base of 1.29 mn (source census, Wikipedia) • Tourism boom: This ‘Sun city’ and ‘Blue City’ has topped the Lonely Planet's list of ‘Most Extraordinary Places to Stay in 2014’ • Education hub: IIT, ICAI , AIIMS, NIFT, IIHT, FDDI, NLU , JNVU ,SN Medical College and MBM Engineering College Growth Drivers • IT and ITeS companies looking at Tier II cities are making Jodhpur as a hub • HPCL refinery near Jodhpur with investment of Rs 37,230 Crores will generate employment for over 1 lakh people • Study conducted by NCAER, Barmer refinery will generate revenues of nearly Rs 4 lakh crore in 15 years • On DMIC lines, development of New Civil Airport and Integrated Multi-Modal Logistics Hub in Jodhpur • Mass Rapid Transit System (MRTS) in Jodhpur and Pali • One of Mega Leather Cluster at an investment of Rs 125 cr will be in Jodhpur
What we have? • 7 ongoing projects • 5.70 mn saleable area • Over 4500 units
13 Arihant Superstructures Limited - Investor Presentation | 2016 PPP Model – Leading the Way
Government of Partnership between Urban Local Body (Jodhpur Rajasthan evolved the Development Authority) who will provide land, PPP model in 2009 external and internal infrastructure and a private developer to construct EWG & LIG houses
Arihant developing 1350 houses under the PPP scheme called ‘Arihant Nagar’
Landmark project lauded by officials of World Bank, HUDCO, Japanese delegation and Asian Development Bank
Arihant was awarded the Best Developer Award in affordable housing (North India) by Bloomberg
14 Arihant Superstructures Limited - Investor Presentation | 2016 Operating Highlights
Arihant Superstructures Limited - Investor Presentation | 2016 15 Key Metrics
Area Booked(mn sqft) Units Sold Average Realizations(Rs per
sqft)
4026
3845
1157
1.01
3582
2858
2852
864
0.73
0.66
727
580
0.48
0.30 326
11-12 12-13 13-14 14-15 15-16 11-12 12-13 13-14 14-15 15-16 11-12 12-13 13-14 14-15 15-16
Strong operating metrics with steady performance and favorable average realizations
16 Arihant Superstructures Limited - Investor Presentation | 2016 Market Positioning
Geography Segments Price Point
4% 10% 3% 30% 32% 1% 42% 10% 54% 16% 2% 3% 68% 26% MMR (58%)
Premium(6000+ psf) Badlapur Karjat Kharghar(A) Khopoli Mid Income (4000- Below 15 Lacs Panvel Taloja 6000 psf) 15 Lacs to 60 Lacs Thane Jodhpur Affordable (2500 - Above 60 Lacs 4000 psf)
Prime focus on affordable housing Industry expected to show maximum traction from affordable and mid-income housing
17 Arihant Superstructures Limited - Investor Presentation | 2016 Category Wise Project Portfolio
Potential recognizable revenue
4% 4% 25-50% Completed 12% 50-75% Completed
Nearing Completion
61% 19% Sales Realization not Started Yet to Commence
18 Arihant Superstructures Limited - Investor Presentation | 2016 Few of Completed Group Projects
Saleable Units Location Projects area Sold (sf)
Airoli 1 32,500 40
Badlapur 2 3,49,125 490
CBD Belapur 2 1,66,000 185
Ghansoli 5 2,61,100 355 Aksh(Badlapur) Akriti(Badlapur) Kharghar 7 10,71,494 1012
Koperkhairane 3 1,40,000 228
Nerul 7 1,59,900 215
Panvel 1 4,06,950 501
New Panvel 2 57,500 73
Sanpada 1 1,54,000 133
Thane 1 5,500 28
Vashi 6 2,79,500 265 Abhilasha(Kharghar) Arham(Panvel)
19 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Projects
Arihant Superstructures Limited - Investor Presentation | 2016 20 Project Details- Ongoing and Upcoming(MMR) As on Q1FY17
Economic Saleable Projects Location No. of units Units Sold Percentage Interest area Arihant Arshiya I Khopoli 100% 0.35 522 399 91.4% Arihant Arshiya II Khopoli 100% 0.96 1,074 154 5.0% Arihant Aloki Karjat 60% 0.45 408 82 18.0% Arihant Anmol I Badlapur 60% 0.24 336 349 92.7% Arihant Anmol II Badlapur 60% 0.16 96 92 91.8% Arihant Anmol III Badlapur 60% 0.17 168 52 7.0% Arihant Anshula I Taloja 60% 0.15 159 136 40.3% Arihant Anshula II Taloja 60% 0.30 329 - - Arihant Amisha I Panvel 60% 0.18 224 112 71.2% Arihant Amisha II Panvel 60% 0.21 331 - 0.0% Arihant Anaika Panvel 60% 0.36 348 26 8.0% Arihant Akanksha Panvel 60% 2.75 2,056 277 0.0% Arihant Aarohi Thane 100% 0.24 200 111 65.7% Arihant Aalishan I Kharghar(A) 60% 0.58 522 208 4.0% Arihant Aalishan II Kharghar(A) 60% 0.72 493 - -
21 Arihant Superstructures Limited - Investor Presentation | 2016 Project Details- Ongoing and Upcoming(Jodhpur) As on Q1FY17
Economic Saleable Projects Location No. of units Units Sold Percentage Interest area Arihant Adita I Jodhpur 100% 0.50 404 317 94.0% Arihant Adita II Jodhpur 100% 0.18 164 62 60.4% Arihant Adita III Jodhpur 100% 0.19 165 73 42.2% Arihant Adita (remaining) Jodhpur 100% 0.44 336 123 - Arihant Agrima Jodhpur 100% 0.30 40 24 90.0% Arihant Ayati Jodhpur 100% 0.21 77 20 29.8% Arihant Ashray Jodhpur 100% 0.05 130 120 - Arihant Aangan Jodhpur 100% 0.05 120 67 - Arihant Aanchal Jodhpur 100% 2.10 2,324 463 - Arihant Akarshan Jodhpur 100% 1.68 800 20 -
22 Arihant Superstructures Limited - Investor Presentation | 2016 Recently Completed: Arihant Amodini
Project Design Current Status Project Arihant Amodini
Location Taloja
Stilt + Parking + 21 Project 2BHK apartments Type 126 Units Single Tower
Saleable 0.14 mn area in sqft
Phases One
23 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Amisha
Project Design
Project Arihant Amisha
Location Panvel
Stilt + 4 Storied 1& 2BHK apartments Project Type 555 units Current Status 44 buildings
Saleable area in sqft 0.38 mn
Phases Two
24 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Anshula
Project Design
Project Arihant Anshula
Location Taloja
Stilt + 4 storied 1& 2BHK apartments Project Type 480 units 25 buildings Current Status
Saleable area in 0.45 mn sqft
Phases One
Arihant Superstructures Limited - Investor Presentation | 2016 25 Ongoing Project: Arihant Anaika
Project Design Current Status
Project Arihant Anaika Saleable area in sqft 0.364 mn
Location Panvel Phases One
Stilt +4 storied Project Type 1,2 & 3 BHK 348 Units
26 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Aarohi Project Design
Project Arihant Aarohi
Location Thane
Stilt +15 storied 1 and 2 BHK Project Type Current Status 200 units 2 Towers
Saleable area in sqft 0.24 mn
Phases One
27 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Arshiya
Project Design Current Status
Project Arihant Arshiya Saleable area in sqft 1.32 mn
Location Khopoli, MMR Phases 2
G+3,G+8 storied Project Type 1&2 BHK 1596 units
28 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Aloki
Project Design
Project Arihant Aloki
Location Karjat
Stilt + 10 storied 1& 2BHK apartments Project Type 408 units Current Status 19 buildings
Saleable area 0.45 mn in sqft
Phases One
29 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Anmol
Project Design
Project Arihant Anmol
Location Badlapur
Stilt + 7 storied 1& 2BHK apartments Project Type Current Status 600 Units 20 buildings
Saleable area in 0.48 mn sqft
Phases 3
30 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Akanksha
Project Design
Project Arihant Akanksha
Location Panvel
Stilt +Parking +32 storied Studio/ 2/3/4 BHK Project Type 2056 units Project Design 8 buildings
Saleable area in 2.75 mn sqft
Phases One
31 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Adita
Project Design Current Status
Project Arihant Adita Saleable area in sqft 1.32 mn Location Jodhpur Phases 4 Stilt +14 storied Project Type 1176 Units
32 Arihant Superstructures Limited - Investor Presentation | 2016 Ongoing Project: Arihant Ayati
Project Design
Project Arihant Ayati
Location Jodhpur
Current Status Project Type 77 Units
Saleable area in sqft 0.21 mn
Phases One
33 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Aakarshan
Project Design
Project Arihant Aakarshan
Location Jodhpur
Project Design
53 storeyed 7 magnificent towers with 2, 3 & 4 Project Type BHK furnished Sky-bungalows
Saleable area in 1.68 mn sqft
34 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Ashray
Project Design
Project Arihant Ashray
Location Jodhpur
Project Type Affordable Housing
Saleable area in sqft 0.05 mn
Phases 1
35 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Aangan
Project Design
Project Arihant Aangan
Location Jodhpur
Project Type Affordable Housing
Saleable area in sqft 0.05 mn
Phases 1
36 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Aanchal
Project Design
Project Arihant Aanchal
Location Jodhpur
Project Type Affordable Housing
Saleable area in sqft 2.1 mn
37 Arihant Superstructures Limited - Investor Presentation | 2016 Upcoming Project: Arihant Clan Aalishan
Project Design
Project Arihant Clan Aalishan
Location Kharghar Annex
Current Status Big-sized studio, 2, 3 & 4 BHK residences Project Type 50 Storeyed towers with Persian Architecture 3 Magnificent towers - Zeenat, Baraz & Kaveh
Saleable area in 1.3 mn sqft
38 Arihant Superstructures Limited - Investor Presentation | 2016 Financials
Arihant Superstructures Limited - Investor Presentation | 2016 39
Consolidated Financials In INR mn INR In
FY12 FY13 FY14 FY15 FY16 EBITDA 143 91 205 266 352 Networth 396 522 531 617 750 Revenues 662 717 1,010 1,098 1,235
Consistent revenue momentum with stable growth in net worth
40 Arihant Superstructures Limited - Investor Presentation | 2016 Statement of Assets and Liabilities
In INR mn Equity and Liabilities FY12 FY13 FY14 FY15 FY16 Particulars Share Capital 274 412 412 412 412 Reserve and Surplus 122 110 120 206 339 Net worth 396 522 532 617 750 Long Term Borrowings 3 335 291 991 1,778 Short Term Borrowings 719 918 995 469 327 Trade Payables 60 84 99 84 154 Total Liabilities 1,608 2,512 3,108 3,947 4,862
Assets FY12 FY13 FY14 FY15 FY16 Fixed Assets 26 88 53 53 47 Current Investment 20 1 1 2 Inventories 446 835 1,302 1,847 2,338 Trade Receivables 70 - 32 66 95 Cash and Cash Equivalents 212 32 55 31 46 Short Term Loans & Advances 163 199 233 304 289 Total Assets 1,608 2,512 3,108 3,947 4,862
41 Arihant Superstructures Limited - Investor Presentation | 2016 Income Statement In INR mn
Particulars FY 12 FY 13 FY 14 FY 15 FY 16
Total Income 689 716 1,010 1,098 1,235
Cost of materials consumed 661 845 1,128 1,208 1,152
Purchase of Stock in Trade 5 48 - - -
Changes in inventories (229) (392) (461) (543) (481)
Employee benefits expense 18 40 58 65 77
Total Expenses 519 618 805 843 894
EBITDA (Ex other Income) 127 89 211 266 352
EBITDA Margin 20% 13% 21% 25% 29%
Depreciation 3 4 6 11 11
Interest & Finance Charges 48 100 137 64 36
PBT 119 (5) 68 190 305
Total Taxes 38 24 41 77 104
Net Profit 80 (29) 27 114 201
Net Profit Margin 12% -4% 2% 9% 16%
EPS (Basic) 2.9 (0.7) 0.3 2.5 4.9
42 Arihant Superstructures Limited - Investor Presentation | 2016 Investment Rationale
Strong Mumbai MMR and Jodhpur based play with a pipeline of well-located projects. 12,000 + homes currently under development
Fully paid up land bank for projects to be executed in the next seven years
Execution capability of developing quality projects in affordable housing space. 4 mn + sq. ft. of homes delivered by the group
Land cost as percentage to realization is less than 10% for most projects executed till date
Strong brand recall for prestigious and premium quality developments in the Navi Mumbai region
Eminent board of directors supported by a strong management team adhering to strict corporate governance norms
43 Arihant Superstructures Limited - Investor Presentation | 2016 For details please contact
Umesh Jhawar Diwakar Pingle Vice President – Strategy and IR Christensen IR +91 22 4111 3333 +91 22 6452 2086 [email protected] [email protected]
Arihant Corporate Office: 302, Persepolis Building, Sector 17, Plot No 74, Vashi, Navi Mumbai - 400 703
© 2016 Arihant Superstructures Limited., All Rights Reserved. Arihant Superstructures Limited Logo and “Continuing Stability” are trademarks of Arihant Superstructures Limited., In addition to Company data, data from market research agencies, Stock Exchanges and industry publications has been used for this presentation. This material was used during an oral presentation; it is not a complete record of the discussion. This work may not be used, sold, transferred, adapted, abridged, copied or reproduced in whole on or in part in any manner or form or in any media without the prior written consent. All product names and company names and logos mentioned herein are the trademarks or registered trademarks of their respective owners.
44 Arihant Superstructures Limited - Investor Presentation | 2016