Arvind SmartSpaces Limited

rs,

2nd August, 2023 BSE Limited Lis�ng Dept. / Dept. of Corporate Services, Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001. Na�onal Stock Exchange of India Ltd. Lis�ng Dept., Exchange Plaza

Rs. 135 crore

3 Q1FY24 HIGHLIGHTS – SALES & COLLECTIONS BUSINESS DEVELOPMENT • Healthy Q1 sales performance at Rs. 135 crore with 14% YoY growth – driven by sustenance sales • Q1 collections improved 54% YoY to Rs. 204 cro

14%

S – SALES & COLLECTIONS BUSINESS DEVELOPMENT • Healthy Q1 sales performance at Rs. 135 crore with 14% YoY growth – driven by sustenance sales • Q1 collections improved 54% YoY to Rs. 204 crore - High

54%

mance at Rs. 135 crore with 14% YoY growth – driven by sustenance sales • Q1 collections improved 54% YoY to Rs. 204 crore - Highest ever quarterly collections for third successive quarter o Reflecti

Rs. 204 crore

. 135 crore with 14% YoY growth – driven by sustenance sales • Q1 collections improved 54% YoY to Rs. 204 crore - Highest ever quarterly collections for third successive quarter o Reflective of the strong ope

Rs. 2,300 crore

velopment projects added in South Ahmedabad spread across ~704 acres with a top-line potential of ~Rs. 2,300 crore* o Signed a 500 acre project in NH 47, South Ahmedabad with a revenue potential of ~Rs. 1,450 cro

Rs. 1,450 crore

. 2,300 crore* o Signed a 500 acre project in NH 47, South Ahmedabad with a revenue potential of ~Rs. 1,450 crore*. This is under 50% revenue share model. o Signed a 204 acre project in Bavla, South Ahmedabad wit

50%

cre project in NH 47, South Ahmedabad with a revenue potential of ~Rs. 1,450 crore*. This is under 50% revenue share model. o Signed a 204 acre project in Bavla, South Ahmedabad with a revenue potenti

Rs. 850 crore

e share model. o Signed a 204 acre project in Bavla, South Ahmedabad with a revenue potential of ~Rs. 850 crore*. This is under 55% revenue share model. • Signed an agreement with subsidiary of Arvind Ltd under

55%

acre project in Bavla, South Ahmedabad with a revenue potential of ~Rs. 850 crore*. This is under 55% revenue share model. • Signed an agreement with subsidiary of Arvind Ltd under the Development Ma

Rs. 116 crore

Development Management (DM) model to develop 16 acre township at Moti Bhoyan with a potential of Rs. 116 crore* OPERATIONAL HIGHLIGHTS BOOKINGS: Q1FY24 250 244 184 189 158 150 118 135 110 118 Q1FY2

₹118

158 150 118 135 110 118 Q1FY23 Q2FY23 Q3FY23 Q4FY23 Q1FY24 Q1FY23 Q1FY24 Growth (YoY) ₹118 Cr ₹ 135 Cr 14% ARVIND SMARTPACES LIMITED 4 (In ₹ Cr.) PY CY OPERATIONAL HIGHLIGHTS BOO

“▪ Witnessed launch of ~8,900 residential units during Q2 2023, a marginal 4% growth over previous quarter (Source: Cushman & Wakefeild) PROJECTS IN PINELINE DODDABALLAPURA ROAD, BANGALORE (UPCOMING) DODDABALLAPURA ROAD, PLOTTED DEVELOPMENT PROJECT ARVIND SMARTPACES LIMITED 17 45 Acres LAND AREA ~1.1 Mn Sq ft INDICATIVE SALEABLE AREA 425 Cr INDICATIVE TOPLINE HDFC PLATFORM-2 ARVIND’s INVST 33% This would be ASL’s 9th project and second plotted development in Bangalore.”

“During Q1, added 4 acres to the project which increased the topline potential by ~Rs.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

“(Source: Various Bangalore real estate report) PROJECTS IN PINELINE ARVIND GREATLANDS – REMAINING PHASE, BANGALORE (UPCOMING) ARVIND SMARTPACES LIMITED 18 DEVANAHALLI, PLOTTED DEVELOPMENT PROJECT 7 Acres LAND AREA 0.2 Mn Sq ft INDICATIVE SALEABLE AREA 65 Cr INDICATIVE TOPLINE 100% OWNED The first and second phase of this project with a total saleable area of ~0.95 million sq.”

“This project marks ASL’s entry into plotted development in Bangalore.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

“This would be ASL’s 10th project and third plotted development in Bangalore.”

“▪ This Location enjoys excellent Infrastructure connectivity which will be further enhanced by the upcoming Metro.”

“▪ The growth and operation of Kempegowda International Airport Terminal 2 has led to massive infrastructure investment in the region (Source: Knightfrank) PROJECTS IN PINELINE SOUTH AHMEDABAD, AHMEDABAD (UPCOMING) Ahmedabad, PLOTTED DEVELOPMENT PROJECT ARVIND SMARTPACES LIMITED 20 84 Acres LAND AREA ~2.5 Mn Sq ft INDICATIVE SALEABLE AREA 150 Cr INDICATIVE TOPLINE 100% OWNED Commenced a large aggregation in South Ahmedabad of which 84 acres has been completed till date.”

“This would be ASL’s 16th project in Ahmedabad.”

STRONG OCF TREND

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ANNEXURE

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STRONG OCF TREND

(In ₹ Cr.) 111 85 89 29 -3 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Particulars (Rs in Crs)FY23Q1 FY24Opening Balance5 27 Operating activitiesCollections600 204 Construction cost and other overheads(260) (60) Taxes(22) (1) Direct land cost/JDA and DM sharing(117) (34) Net Operating Cashflow (A)201 111 Financing ActivitiesFinance cost (Net)2 (1) Pref Issue / Equity22 - Loans/OCD - Drawdown/(Repayment) (Net)82 (62) Investments (Net)24 (33) Net Financial Cashflow (B)130 (96) Investing ActivitiesLand Payments & Approvals(308) (36) Net Investing Cashflow (C)(308) (36) Total Net Cashflow (D= A+B+C)27 6 ARVIND ARVIND SMARTSPACES SMARTPACES LIMITED LIMITED 13 PROJECT PORTFOLIO ▪ COMPLETED PROJECTS ▪ PROJECTS UNDER EXECUTION ▪ PROJECTS IN PIPELINE ▪ SYNOPSIS COMPLETED PROJECTS PROJECT PORTFOLIO - COMPLETED ARVIND SMARTPACES LIMITED 14 ^Amount Collected is excluding Taxes and net of cancellations Total Saleable Booked Unsold Inventory Booking Value Revenue Recognized ^Collections Average Price (P

ANNEXURE

PROJECT PROFILE | IN DETAIL ▪ OVERVIEW ▪ PROJECT DETAILS 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 ARVIND ARVIND SMARTSPACES SMARTPACES LIMITED LIMITED 57 PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS ARVIND SMARTPACES LIMITED 58 PROJECT// NASMED VILLAGE, GANDHI NAGAR UPLANDS CLUBHOUSE ARVIND SMARTPACES LIMITED 59 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 ARVIND ARVIND SMARTSPACES SMARTPACES LIMITED LIMITED 60 PROJECT// JAKKUR ROAD, SHIVANAHALII, Bangalore SKYLANDS ARVIND SMARTPACES LIMITED 61 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 AR