Signatureglobal (India) Limited has informed the Exchange about Investor Presentation
Date
: 9th Novemb
ber, 2023
The Man BSE Lim Corpora 1st Floor Rotunda Phiroze Dalal St
nager mited ate Relationsh r, New Tradi a Building Jeejeebhoy T treet, Mumba
hip Departm ng Ring,
ment,
Towers, ai 400 001
Exchange of ent
f India Limi
ited
The Nati Listi Exch 5th F Band Band
Manager ional Stock E ing Departme hange Plaza Floor, Plot no dra Kurla Co dra (E), Mum
ock
o C/1, G Blo omplex mbai – 400 0
51
Scrip C
ode : 54399
0
Subject
: Investors P
n Presentation
Dear Sir
r/Madam,
Sym
mbol : SIGNA
ATURE
Pursuant Obligati presenta tomorrow
t to the requ ions and Di ation to be m w at 10:00 A
uirement of R sclosure Re made to the A.M.
Regulation 3 equirements) e Investors i
30 read with Regulations in the sched
Part A of S s, 2015, ple duled Invest
Schedule III ease find en tors/Analysts
of the SEBI nclosed here s call to be
I (Listing ewith the held on
The sam
me is also bein
ng uploaded
d on the Com
mpany’s webs
site at www.s
signatureglob
bal.in
Kindly t
take the abov
ve informatio
on on your re
ecord.
Thankin
ng You,
For SIG (Former
GNATUREG rly known as
GLOBAL (I s Signatureg
NDIA) LIM global (India
MITED a) Private Lim
mited)
RAVI A MANAG
AGGARWA GING DIRE
AL ECTOR
Encl: A
A/a
Regd. Off : 13TH Corp. Off. : U
H FLOOR DR. GO UNIT NO.101,GRO
OPAL DAS BHAW OUND FLOOR, T E‐mai
(FORMERLY K
SIGNATURE KNOWN AS SIGN CIN: U7 WAN, 28 BARAKH TOWER-A, SIGNA il: compliance@sig
GLOBAL (INDIA NATUREGLOBAL 70100DL2000PLC1 AMBA ROAD, CO ATURE TOWER, natureglobal.in, We
A) LIMITED L (INDIA) PRIVAT 104787 ONNAUGHT PLA SOUTH CITY-1 G ebsite: www.signat
TE LIMITED)
ACE, NEW DELHI GURUGRAM HR- ureglobal.in
I- 110001 Phone: 0 - 122001Phone: 012
011-49281700 24-4398011
Q2FY24 INVESTOR PRESENTATION
SIGNATURE GLOBAL
NOV 2023
1
Disclaimer
Certain statements in this document may be forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, technological risks, and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward-looking statements.
SignatureGlobal (India) Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.
2
Operating Highlights
Strategy & Portfolio
Financial Snapshot
Company Overview
33
The Company sold 1,956 units at an average ticket size of INR 9.5 mn during the first half of the current financial year
Strong Sales Performance
Growing Sales Realizations
•
•
•
•
•
INR 18,614 mn in H1FY24
Growth of 38% vis a vis H1FY23 at INR 13,530 mn
c. 96% of sales coming from high margin mid income & retail product categories
Elevations of Signature Global City in Sector 93 & Sector 92 (II) in Gurugram
c. INR 9,800 per sq ft in H1FY24 vis a vis c. INR 7,425 per sq. ft. in H1FY23 shows completion in shift to mid income
Strong tailwinds across the region leading to sustainable growth in market prices
•
INR 13,275 mn in H1FY24
Robust Collections
• Growth of 65% vis a vis H1FY23 at INR 8,049 mn
•
Healthy collections allowing for fast paced construction
4
Portfolio addition of 6.3 million sft during the current financial year in focus micro markets
Operating Cashflow before Investment in Land1
Growing Business Portfolio
•
•
•
•
•
Achieved an Operating Cashflow before Investment in Land of INR 4,664 mn in H1FY24
Growth of 58% vis a vis H1FY23 at INR 2,943 mn
44.7 mn sqft portfolio of Saleable Area with 17.3 mn sft ongoing and 27.42 mn sft forthcoming; wherein additional 6.3 mn sqft is added in H1FY24 to the existing 21.1 mn sqft.
Aim to deliver ongoing projects by FY26
Forthcoming projects to be launched between FY24 and FY26
4,664
2,943
5,000
4,000
3,000
2,000
1,000
0
H1FY23
H1FY24
Forthcomi ng, 27.4
Portfolio
Ongoing, 17.3
• New portfolio addition of 6.3 million sft which comprises of 5.84 mn
Location
Estimated Saleable Area2 (in mn sft)
Business Development2
sft in Sector 71, Gurugram (details in slide 17)
•
In the existing portfolio we achieved conveyance of 25.75 acres (3.25 mn sft) of land in Sector 71, Gurugram. Also closing definitive documents of 16.12 acres (1.9 mn sft) of land in Sector 71.
Sector 71, Gurugram
Sohna Elevated Corridor
Manesar
Total
5.84
0.26
0.17
6.27
1Operating surplus before land advance/ acquisition, which reflect the surplus post construction expenses, selling, general and administrative expenses and taxes adjusted from collections 2Saleable Area potential for forthcoming projects including new portfolio additions is based on best estimates as per the current zoning regulations
5
Healthy gross profit margins and Low Leverage Levels
Revenue being recognized from recently delivered units of Signature Global Park
Financial Performance
•
•
INR 2,644 mn revenue recognized from operations in H1FY24 vs INR 6,658 mn in H1FY23
Adjusted gross margin of INR 893 million (36.33%) for H1 FY24 vs INR 1,792 million (27.57%) for H1 FY23
• Net Debt / Equity of 0.62x
Net Debt
• Net Debt reduced to INR 3,624 mn as on 30th Sep 2023 from INR
10,939 mn on 31st Mar 2023
•
The Company aims to keep net debt below 1x the projected operating surplus1 for the ongoing financial year
1Operating surplus before land advance/ acquisition reflect the surplus post construction expenses, selling, general and administrative expenses and taxes adjusted from collections
6
FY24 Guidance
Launches1
Pre-Sales
Collections
45,000
34,306
85,000
56,000
INR Mn
90,000
80,000
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
INR Mn
50,000
40,000
30,000
20,000
10,000
0
INR Mn
50,000
40,000
30,000
20,000
10,000
0
29,000
19,200
FY23
FY24 (Guidance)
FY23
FY24 (Guidance)
FY23
FY24 (Guidance)
1Estimated booking value of the projects launched or proposed to be launched
7
Operating Highlights
Strategy & Portfolio
Financial Snapshot
Company Overview
88
Strong sales momentum
SALES GROWTH OF 38% IN H1FY24 VS H1FY23
SALES CAGR OF 42% DURING FY21-FY23
INR Mn
20,000
15,000
10,000
5,000
0
18,614
13,530
1.82
1.9
H1FY23 Sales (INR mn)
H1FY24 Area Sold (msf)
3.0
2.0
1.0
0.0
INR Mn
40,000
30,000
20,000
16,903
34,306
25,900
18,614
10,000
0
4.25
5.46
4.35
1.90
FY21
FY22
FY23
H1FY24
Sales
Sales area (msf)
6.00
5.00
4.00
3.00
2.00
1.00
0.00
H1FY24 SALES COMING FROM HIGH MARGIN MID INCOME PRODUCT
UPWARD SHIFT IN PER SFT REALISATION
Mid Income, 89.8%
Product Split
Gurugram , 93.3%
Region Split
Retail/SC O, 6.7%
Karnal, 0.2%
Sohna, 6.4%
Affordabl e (Retail)*, 3.5%
*Retail Component of Affordable Housing Policy Note : Mid Income includes the retail component of the project
9,800
7,886
4,744
3,977
INR per sft
10,000
8,000
6,000
4,000
2,000
FY21
FY22
FY23
H1FY24
9
Mid Income projects launched in Q4FY23; strong sales velocity in H1FY24
CITY 93
CITY 92-2
CITY 79B
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Mar-23
996
712
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Mar-23
688
462
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Mar-23
776
326
Sales in H1FY24
INR 6,654 Mn
Sales in H1FY24
INR 3,320 Mn
Sales in H1FY24
INR 2,341 Mn
10
Seen success in mid income low rise floors since entering the market
CITY 37D
CITY 81
CITY 63-A
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Sep-21
1,168
1,136
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Sep-21
826
600
Particulars
Launch Qtr
# of Residential Units
Residential Units Sold Till 30th Sep 2023
Amount
Sep-22
288
201
Sales in H1FY24
INR 1,200 Mn
Sales in H1FY24
INR 712 Mn
Sales in H1FY24
INR 1,264 Mn
11
Growing collections leading to fast paced construction while maintaining low net debt
65% GROWTH IN COLLECTIONS
Particulars
H1FY24
15,000
10,000
5,000
0
13,275
8,049
H1FY23
H1FY24
COLLECTIONS CAGR OF 57% DURING FY21-FY23
19,200
12,821
13,275
25,000
20,000
15,000
10,000
7,791
5,000
0
Cash and cash equivalents at the beginning of the year
6,387
Add: Operating surplus before land advance/acquisition
4,664
Total Cash available before Land advance/acquisition
11,051
Less: Land Advance/Acquisition
(2,296)
Net Cash available for Investing and financing activity
8,755
Particulars
Opening Net Debt
Less: Reduction in Net Debt
Closing Net Debt
H1FY24
10,939
(7,315)
3,624
FY21
FY22
FY23
H1FY24
12
Successful deliveries in recent times gives confidence to customers
SG Park, Sohna
Serenas, Sohna
Orchard Avenue – Sector 93, Gurugram
Roselia, Sector 95A, Gurugram
Sunrise Floors, Karnal
Grand Iva, Sector 103, Gurugram
13
Strong Portfolio of 44.7 msf across Ongoing and Forthcoming projects
Ongoing projects of 17.3 msf saleable area
Forthcoming projects of 27.4 msf saleable area1
Strong project pipeline to result in sustainable growth
Category
Ongoing
Forthcoming
Total
Affordable Housing
Mid Income Housing
Mixed Use
Others
Total
5.6
0.2
5.8
11.3
18.2
29.5
0.0
5.5
5.5
0.4
3.4
3.8
17.3
27.4
44.7
Estimated launch of all upcoming projects between FY24 and FY26
Ongoing Projects (msf)
Forthcoming Projects (msf)
Sohna 24%
Others 2%
Affordabl e 33%
Ghaziaba d 4%
Manesar 11%
Others 13%
Mixed Use 20%
Affordabl e 1%
Gurugra m 76%
Mid Income 65%
Gurugra m 60%
Sohna 25%
Mid Income 66%
14
1Saleable Area potential for forthcoming projects is based on best estimates as per the current zoning regulations
Snapshot of Ongoing Portfolio; Aim to be delivered by FY26
Number of Projects
Land (in acres)
Saleable Area (in sft)
Sold Area (%)
Sold Value (INR mn)
Category Wise Share of 17.3 mn sft Ongoing Portfolio
Category
Affordable
Mid Income - Gurugram
Mid Income - Sohna
Others – Retail/SCO
12
8
6
5
63.1
91.6
52.2
15.7
5.6
7.5
3.8
0.4
97.4%
25,337
71.8%
45,865
96.0%
20,8291
57.7%
3,362
Total
31
222.5
17.3
95,393
1Includes INR 7,135 mn which has been recognized as revenue till 30th Sep 2023 as OC’s are received unit wise in Low Rise Mid Income
c. 110,000 mn1 of Revenue yet to be recognized from Ongoing Projects
Collected2
To Be Collected
Value of Unsold3
Ongoing Portfolio
40,495
47,762
23,000
111,258
-
30,000
60,000
90,000
120,000
1Does not include any minor unsold area or future collection from Completed Projects which would lead to additional revenue recognition 2Does not include INR 7,135 mn which has been recognized as revenue in Ongoing Projects till 30th Sep 2023 as OC’s are received unit wise in Low Rise Mid Income 3Estimated value of unsold inventory basis company analysis
Mid Income - Sohna 22%
Affordable 33%
Others 2%
Mid Income - Gurugram 43%
• Ongoing projects are expected to be completed
between FY24 - FY26
•
•
Estimated revenue recognition of c. INR 110,000 mn over FY24 – FY26
Estimated collection of c. INR 70,000 mn from ongoing projects over FY24 – FY26
15
Focus across three distinct micro markets fueled by world class infrastructure
THREE FOCUS AREAS
1) Sector 71
11.25 mn sft1
Proximity to all prime areas of Gurugram; red light free to Golf Course Road in future
2) Sohna Elevated Corridor
7 mn sft1
Opened in 2022; Closer to Cybercity and MG Road than parts of Gurugram
3) Sector 37D 3.1 mn sft1
Dwarka Expressway to be inaugurated in FY24 by Hon’ble Prime Minister
37D
71
1Saleable Area potential for forthcoming projects in the focus area - based on best estimates as per the current zoning regulations
Ongoing projects
16
Strong pipeline of mid income housing projects across focused micro markets; aim to launch by FY26
Location
Project
Land (in acres)
Estimated Saleable Area 1(in sft)
Group Housing
Sector 71, SPR
Residential
Sector 37D, DXP
Sohna Corridor
Mixed Use Land
Group Housing
Group Housing
Low Rise Floors
Low Rise Floors
Low Rise Floors
Industrial Plots
Low Rise Floors – Manesar
Other
Industrial Plots – Manesar
Various
Total
22.5
23.6
25.1
20.2
2.3
1.7
5.2
134.0
150.4
31.4
416.5
3.0
2.7
5.5
2.7
0.3
0.1
0.3
4.6
2.0
2.0
0.9
3.1
27.4
Each focus area has distinct price point thus catering to diverse consumers
Market
BSP*
Sector 71
INR 13,000 psft
Sector 37D
INR 11,000 psft
Sohna Corridor
INR 8,000 psft
*Subject to market conditions.
1Saleable Area potential for forthcoming projects is based on best estimates as per the current zoning regulations
17
Business Development - Sector 71 portfolio crosses 10 mn sft
New additions to portfolio
Update on existing portfolio
Location
Land Area (acres)
Usage
Estimated Saleable Area (in mn sft)1
Status
Location
Land Area (acres)
Usage
Estimated Saleable Area (in mn sft)1
Status as on RHP
Current Status
Sector 71
25.13
Mixed Land Use
5.50
Sector 71
4.26
Residential
Sohna
Sohna
5.44
Low Rise Floors
Industrial Plots
Manesar
Low Rise Floors
8.48
Manesar
Industrial Plots
Total
43.31
0.34
0.18
0.08
0.12
0.05
6.27
SPA executed, Company acquisition under process
Binding Term Sheet for Collaboration
Registered Collaboration
Registered Collaboration
Sector 71
25.75
Residential
3.25
Company had entered into an ATS
Sale deed registered
Sector 71
16.12
Residential
1.90
Company had entered into an ATS
Status quo
Total
41.87
5.15
1Saleable Area potential for forthcoming projects is based on best estimates as per the current zoning regulations
18
Operating Highlights
Strategy & Portfolio
Financial Snapshot
Company Overview
1919
Consolidated PL Snapshot
PL Statement (INR mn)
H1FY24 H1FY23
Y-o-Y%
FY23
Adjusted Gross Margin % & Adjusted EBITDA Margin %
Revenue from real estate properties
- Mid Housing
- AHP
1,984
1,524
30.22%
474
4,976
-90.48%
Total Revenue from real estate properties
2,458
6,500
6,671
8,560
15,231
Cost of Goods Sold
(1,785)
(5,284)
(12,329)
Adj. Gross Profit(i) Adj. Gross Profit %(ii)
893
1,792
36.33% 27.57%
Other operating revenue & income
419
227
Employee Cost
SG&A
Other expenses
Adj. EBITDA(iii) Adj. EBITDA %(iv)
(510)
(384)
(241)
(394)
(297)
(435)
177
892
6.71% 13.40%
4,079
26.78%
405
(885)
(908)
(534)
2,156
13.88%
50%
40%
30%
20%
10%
0%
•
•
26.78%
13.88%
14.78%
3.04%
36.33%
6.71%
FY22
FY23
H1FY24
Adjusted Gross Margin
Adjusted EBITDA Margin
Decline in revenue recognition during H1FY24 versus H1FY23 due to lower completions
Improvement in Adjusted Gross Profit margin due to recognition from higher margin products
Notes: (i) Adjusted Gross Profit is calculated as revenue from real estate operations (comprises revenue from sale of real estate properties, forfeiture income/cancellation charges, compensation received on compulsory acquisition of land and other operating income related to real estate business) less cost of sales relating to real estate operations (i.e. cost of sales as reduced by finance cost written off through cost of sales and cost of sales relating to contracting business). (ii) Adjusted Gross Profit Margin is calculated as Adjusted Gross Profit divided by revenue from real estate operations (comprises revenue from sale of real estate properties, forfeiture income/cancellation charges, compensation received on compulsory acquisition of land and other operating income related to real estate business). (iii) Adjusted EBITDA refers to earnings before interest, taxes, depreciation, amortization (“EBITDA”), plus finance cost written off through cost of sales and Adjustment of gain/loss on fair valuation of derivative instruments and impairment of Goodwill. (iv) Adjusted EBITDA Margin is calculated as Adjusted EBITDA divided by revenue from operations.
20
Healthy balance sheet with improved equity and reduced debt levels
Balance Sheet (INR mn)
Sep-23
Mar-23
Total equity
Minority interests
Non-current liabilities
Current liabilities
Total liabilities and equity
Fixed assets
Other non-current assets and advances
Current assets
Total assets
5,884
27
8,807
55,215
69,933
689
2,981
66,263
69,933
475
26
13,263
46,226
59,991
729
2,608
56,654
59,991
•
Breakup of Net Debt as of 30th Sep 2023 :
Particulars
Gross Debt
Less : Cash & Cash Eq
Net Debt
INR mn
11,294
(7,670)
3,624
•
•
Strong improvement in Net Worth of the company post IPO which stands at INR 5,884 mn
Improvement in Debt-to-Equity ratio with Net Debt/Equity at 0.62x
21
Net Debt Position of the Company with Growing Operating Cashflows
Operating Surplus1 and Net Debt2 (INR mn)
Lenders to Signature Global
10,939
H1FY24 Operating Surplus1 of INR 4,683 mn
5,573
2,489
5,173
4,701
6,912
3,624
Mar-21
Mar-22
Mar-23
Sep-23
Net Debt
Operating Surplus
INR 3,624 mn Net Debt allows room for portfolio growth
1 Operating surplus before land advance/ acquisition reflect the surplus post construction expenses, selling, general and administrative expenses and taxes adjusted from collections 2 Net debt comprise of non-current and current debts (including trade payables and other financial liabilities) as reduced by cash and cash equivalents, bank balances other than cash and cash equivalents and current investments
22
Strong debut at the stock exchange
Issue details
Share price performance – stellar 76% return from offer price
Issue Size
Fresh issue size
Offer for sale issue size
Total issue size
INR mn
6,030
1,270
7,300
Listing price - 444
685
585
485
385
679
Closing price as on 8th Nov
p e S - 7 2
p e S - 9 2
t c O - 1
t c O - 3
t c O - 5
t c O - 7
t c O - 9
t c O - 1 1
t c O - 3 1
t c O - 5 1
t c O - 7 1
t c O - 9 1
t c O - 1 2
t c O - 3 2
t c O - 5 2
t c O - 7 2
t c O - 9 2
t c O - 1 3
v o N - 2
v o N - 4
v o N - 6
v o N - 8
Offer price of INR 385
Subscription – Public issue oversubscribed by 12 times
Key IPO Investors
Category
Institutional ("QIB")
Non - Institutional Investors ("NII")
NII - Bid above INR 0.1 mn
NII - Bid between INR 0.2 mn to INR 0.1 mn
Retail ("Individual")
Total
Book size (INR Mn)
Subscription (INR Mn)
2,290
1,095
730
365
730
30,610
15,537
12,125
3,422
4,940
No. of times
13.37
14.19
16.61
9.38
6.77
4,115
51,087
12.41
The Nomura Trust And Banking Co.
BOFA Securities
Kotak MF
Quant MF
Bandhan MF
Lionglobal Investment Funds
Eastspring Investments
Nippon India
Max Life Insurance
TROO Capital Limted
Morgan Stanley Asia
Citigroup Global Markets
Societe Generale
Goldman Sachs (Singapore)
Segantii
BNP Paribas
>55k public shareholders on the date of listing
23
Operating Highlights
Strategy & Portfolio
Financial Snapshot
Company Overview
2424
Largest Player in Delhi NCR’s Affordable and Lower Mid-Income Housing Market
Focus on Affordable & Mid Income housing
Disciplined Approach to Land Acquisition
• Commenced operations# in 2014 with focus on affordable
• Lead-time from acquisition of land to launch of projects
housing
• Ventured into mid-income housing market in 2017 with
first project launch under DDJAY scheme
has been typically upto 18 months
• High asset turnover without taking significant debt
Well Established Brand in the Delhi NCR market
• Signature Global has a strong brand recall
Strong Project Pipeline
• On-going pipeline of 17.3 msf2,3
• Sales team of 141 members4 & network of 9842 channel
• Forthcoming pipeline of 27.4 msf2,3 of saleable area
partners3
Leading Position in Delhi NCR in less than a decade • Market share1 of 19% in Delhi NCR and 30% in Gurugram
in terms of units supplied < INR 8Mn
• Achieved sales bookings of INR 34,306 Mn in FY23 and
42.46% sales CAGR in last three years (FY21-FY23)
High corporate governance with Marquee Equity Investors in the Issuer Company
* rounded off from two decimal points # through its Subsidiary, Signature Builders Private Limited 1: From CY 2019 to CY 2021 (Source Anarock Report) 2: As of 30 September,’23 3: Saleable Area potential for forthcoming projects including new portfolio additions is based on best estimates as per the current zoning regulations 4: As of 31st March,’23
25
Track Record of Execution Delivered Housing Projects Totaling to c. 8.1 msf1
Solera
Synera
Grand Iva
Orchard Avenue
Serenas
Sector 107, Gurugram
Sector 81, Gurugram
Sector 103, Gurugram
Sector 93, Gurugram
Sector 36, Sohna
1,157 units
898 units
1,581 units
800 units
1,418 units
Best Affordable Developer of the Year at the 13th Annual Estate Awards 2021
Developer of the Year, Residential, at the 13th Realty+ Awards (North), 2021
Urban Development Conclave, 2022- DTCP2, Govt. of Haryana recognized development - Solera 107 & Sunrise Floors
1As of Mar 1 , 2023, Company has 12 Completed Projects with a Saleable Area of 6.1 mn square feet. Ongoing Projects have additionally received occupation certificates for 1.4 mn sft Saleable Area and Promoter Holding Company, Sarvpriya Securities Private Limited, has also completed an aggregate Saleable Area of 0.6 mn square feet in two projects 2:DTCP Directorate of Town and Country Planning, Haryana
26
… With Quick Turnaround of Land Resources
2.2 msf of Individual Floors completed
Sunrise & Karnal City : Completed 906 Units
Disciplined approach to land acquisition leading to quick turnaround of up to 18 months from acquisition to launch
Project
Land Acquisition Date
Launch Date
Synera#
Grand Iva#
Park 4##
City 37D##
Apr 8, 2014
Sep 21, 2015
Nov 6, 2019
Dec 9, 2019
Dec 27, 2014
Oct 14, 2015
Aug 4, 2020
July 15, 2021
Time from Land Acquisition to Launch (Years)
0.7
0.1
0.7
1.6
Park Series: Completed 1,412 units
Construction timelines of 4 yrs – 5 yrs despite NGT1 bans on construction and COVID related disruptions
Project
Solera
Synera
Grand Iva
Sunrise
Roselia 2
EC Date2
OC Receipt Date3
Construction Period (Years)4
Jan 5, 2015
Mar 9, 2015
Sep 29. 2016
Apr 4, 2018
Jan 28. 2019
Oct 3, 2018
Oct 24, 2019
Apr 20, 2021 Oct 21, 2021 5
May 06, 2022
3.7
4.6
4.6
3.6
3.3
Quick turnaround model has enabled to generate cash flows in a short period to support further developments
# Date of launch represents the start date of application from published advertisement in the newspaper; ## Date of launch represents the date of first booking with respect to DDJAY and other projects 1- NGT- National Green Tribunal (The NGT has, in recent times imposed a number of restrictions on real estate developers and construction activities to curb pollution levels in the months of December and January in north India) 2 EC- Environment Clearance ; 3 OC- Occupation Certificate ; 4: Construction period is time period between receipt of Environment Clearance and Occupation Certificate; 5. Date of last occupation received for last residential unit in the project
27
Well Established Brand and Strong Distribution Network Focused on Mid-Income Segments
Well entrenched sales and distribution network driving customer acquisition
Strong Brand Recall
Strong Distribution Network
Strong in-house direct sales team of 41 members1 and indirect
sales team of 100 members1
Wide network of 9843 active channel partners driving customer
traffic to the website
Digital experience centers and augmented reality for project
walkthroughs providing immersive experience for customers
Engaged celebrity brand ambassadors for various campaigns
Campaign Name
Response2
Kiraye se Azadi
56.79 mn views
Apne Ghar Pe Kaisa Lockdown (featuring Vidya Balan)
Independent Independent You
Floors
for
4.10 mn views
4.40 mn views
Diwali Apne Ghar Wali
20.40 mn views
Life at Signature Global TVC
13.81 mn views
Smart Decision (featuring Vidya Balan)
5.14 mn views
Effective marketing and distribution strategy with several national level campaigns to increase brand reach
1 As of March 31 2023 ; 2 As of August 21, 2023 3 As of Sep 30 2023
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Standardized Product Leading To Low Design Costs & Higher Design Efficiencies…
Using Aluminium Formwork Technology to Reduce Construction Time
Imported the Aluminum formwork technology providing a competitive edge
Reduced structure cost Increased pace of construction Results in strong and high-quality structures
Standardization providing unique advantages
Standardization
of
product
design,
technical
specifications and layout plans
Low design costs allowing faster replication
Quick turnaround at predictable costs,
leading to
efficient execution on a larger scale
Standardization helping provide high quality products at competitive prices to consumers
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Leveraging Technology for efficiency & scale
Digital Integration of all stakeholders
Strong emphasis on digital sales
Stronger Internal Controls Stronger Internal Controls Human Resource Management Software Human Resource Management Software Strong Linkage with Core ERP Strong Linkage with Core ERP
SAP
SALESFORCE
Strong Tools for Pre & Post Sales Management Strong Tools for Pre & Post Sales Management Better Lead Generation & Follow Ups Better Lead Generation & Follow Ups Automated Sales Booking System Automated Sales Booking System Enhanced Customer Experience Enhanced Customer Experience
Projects being sold through various digital channels including website since 2014
AHP projects sold exclusively through digital channels mandated by “DTCP” since Jan 2022
Selling units digitally enhancing scale and reach of brand and enabling faster sales
100% Digitally Sold Projects
Continued focus on digitization leading to faster sales, greater efficiency and reduced manpower costs
DTCP- Directorate of Town and Country Planning, Haryana
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Trusted brand with strong campaign being run at a national level
• Relatable brand ambassadors like Vidya Balan and
Vijay Raaz
• Company has strong presence across social media and has touched c. 30 mn social media users
•
Strong in-house direct sales team of 43 members1 and indirect sales team of 96 members1
• Wide network of 9842 active channel partners
driving customer traffic to the website
• Digital experience centers and augmented reality for
project walkthroughs providing immersive experience for customers
1As on 31st March 2023 2As on 30th Sep 2023
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High Quality Board & Experienced Management Team
Name
Designation
Brief Profile
Independent Directors
Pradeep Kumar Aggarwal
Chairman & Whole- Time Director
8+ years of experience in real estate industry; Served as MD on the board of SMC Comtrade Limited for 10 years
Lalit Kumar Aggarwal
Vice Chairman & Whole-Time Director
7+ years of experience in real estate; responsible for the construction, marketing and HR aspects
Ravi Aggarwal
Managing Director
9+ years of experience in real estate; CA; Responsible for overall business development of Company; Ex-Director of SMC Insurance Brokers
Devender Aggarwal
Joint MD & Whole-Time Director
11+ years of experience in real estate; Plays key role in formulation & implementation of Company’s forward plans;
Rajat Kathuria
Chief Executive Officer
CA; Previously worked with Ernst & Young LLP for over 9 years & served as a Director with KPMG India for over 4 years
Sanjay Kumar Varshney
Chief Operating Officer
Previously Corenthum as (construction & planning)
a
associated with Mahagun,
Senior
Vice
the President
Meghraj Bothra
Company Secretary & Compliance Officer
ICSI; ICMAI; Worked with ‘Digispice Technologies Ltd , DCM Shriram Ltd & Dhanuka Pesticides Ltd
Manish Garg
Chief Financial Officer
CA; Previously associated with Bhargava Garg & Asso, Jaiprakash Asso Ltd, ATS Infra Ltd & JM Housing Ltd
Kundan Mal Agarwal Ex-director on board of SMC Global Securities Ltd & Moneywise Financial Services
Venkatesan Narayanan
Served in Centrum Infrastructure and Realty Limited, and was an independent director of Industrial Investment Trust Limited
Chandra Wadhwa
Holds a certificate of registration to act as an insolvency professional ; Admitted as a fellow member of the ICSI, ICWA
Lata Pillai Served (large “group corporates)” at Yes Bank Limited for a period of over two years
president
the
as
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Focus On Sustainable Development
Waste Management
Use Of Solar Panels
Use Of LED lights
Green Building Initiatives
Green Building Initiatives (Water Management)
Use of Low Flow Fixtures
INDUSTRY LEADING CERTIFICATIONS
Green Building Certification*
IGBC Certification
Occupational Health & Safety
Quality Management Systems
Environmental Management System
All projects launched between FY20-FY22 have been either Edge or IGBC certified
*EDGE is a registered trademark of IFC
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THANK YOU
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