ARIHANTSUPNSE14 February 2024

Arihant Superstructures Limited

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Key numbers — 40 extracted
rs,
To, Corporate Relations Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Scrip Code: 506194 Class of Security: Equity Listing Compliance
3.73 Lakh
ousing segment adjoining to Arihant Anaika township which would comprise of 549 units spread across 3.73 Lakh sq. ft. having a revenue potential of INR 1.85 Bn Additional Land added to the project Arihant Asp
INR 1.85
hip which would comprise of 549 units spread across 3.73 Lakh sq. ft. having a revenue potential of INR 1.85 Bn Additional Land added to the project Arihant Aspire near ATAL-SETU (MTHL) route in Mid- Income H
5 Lakh
ire near ATAL-SETU (MTHL) route in Mid- Income Housing segment, to enhance development potential by 5 Lakh sq. ft. leading to an added revenue potential of INR 3.5 Bn Arihant Aakarshan, stalled project is
INR 3.5
egment, to enhance development potential by 5 Lakh sq. ft. leading to an added revenue potential of INR 3.5 Bn Arihant Aakarshan, stalled project is re-started and renamed as “Arihant Adarsh” in affordable h
5.4 Lakh
is project would comprise of 778 Apartments spread across 5 acres having a development potential of 5.4 Lakh sq. ft. with a Gross Development Value of INR 2.7 Bn 4 Arihant World Villas (364 Villas for Sale)
INR 2.7
across 5 acres having a development potential of 5.4 Lakh sq. ft. with a Gross Development Value of INR 2.7 Bn 4 Arihant World Villas (364 Villas for Sale) , Chowk, Panvel, 17 Lakh sq.ft. Club 10 Gymkhana (
17 Lakh
oss Development Value of INR 2.7 Bn 4 Arihant World Villas (364 Villas for Sale) , Chowk, Panvel, 17 Lakh sq.ft. Club 10 Gymkhana (Membership Annuity Business) Tranquil Hotel Resort (Hospitality Annuity Bu
INR 10
al of the same is expected to be around 1.8 mn Sq. ft. area, with Gross Development Value (GDV) of INR 10 bn+, starting with development of 364 villas  Along with this, ASL is planning to develop a 221 ke
INR 2.50
on events & corporate events apart from rooms on rent.  Both these would require an investment of INR 2.50 Bn and will generate annuity income, and also strengthen the balance sheet with asset creation of I
15%
ill generate annuity income, and also strengthen the balance sheet with asset creation of IRR over 15% p.a.  It is located within a 60 to 75 minute drive from South Mumbai (via MTHL), while the hotel
8x
operations 12,000+ units in over 62+ projects delivered till date Area under development grew by 8x and Net worth by 4.7x in last decade One of the lowest Avg. land acquisition Cost in the industry
Guidance — 1 items
Note
opening
in FY2026-27, where 30-60 lakh segment will grow the fastest.
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Advantages
1
Note
1
Valorem Advisors Disclaimer
1
Opening remarks
Advantages
1. De-risking from demand stagnancy during downward real estate cycle Able to quickly scale up during favourable macroeconomic scenario 3. Gaining market share in each category and micro- markets 23 9 Geographical Presence 18 Projects (MMR) ~ 11 Micro-markets 3 Projects (Jodhpur) FY24 Geographical Revenue Mix (%) Titwala Thane Badlapur Kalyan Shilphata Taloja Kharghar Mumbai Vashi Jodhpur Panvel Chowk Karjat Dali Bai Circle Khopoli Pal Gangana Road KHARGHAR /TALOJA 17% OUTER MMR 38% PANVEL 22% VASHI 2% JODHPUR 20% 24 Ongoing Residential Projects MMR Projects Location Economic Interest of ASL (%) Total units (No.) Units Book ed (No.) Total Saleable Area (Sq.ft) Area Booked (Sq.ft) Sale value of booked area (INR Mn) Amount Received (INR Mn) Revenue Potential of Balance inventory (INR Mn) Total Estimated Receiveable (INR Mn) Revenue Recognized (INR Mn) Balance Potential Revenue (INR Mn) Project Completion Status (%) ~4.25 Mn Sq.ft. Project Portfolio Aarohi Aloki Shilphata 100% Karjat 60%
Note
• The serviceable ebt Net (Institutions/Bank) 1,217 is millions which is debt to equity ratio of 0.40 giving less outflow of cash received. • The unsecured debt is payable when enable and accrued to the lenders by giving more liquidity to the company for growth. 34 Historical Performance Indicators Value of Sales (INR Mn) Units Sold (No.) Area Sold (Lakh sq ft) 7,640 7,731 1,628 1,552 13.8 12.59 4,000 2,650 934 710 8.7 6.3 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 Collections (INR Mn) Units Delivered (No.) 4,833 4,160 918 772 867 Unsold ready inventory (No.) 453 2,870 2,350 328 208 94 114 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 FY20 FY21 FY22 FY23 *Value of sales saw a reversal due to refunds to few buyers in Arihant Aaakarshan Project in Taloja 35 Historical Financial Performance Total Revenue (INR Mn) EBITDA (INR Mn) and EBITDA Margins (%) 3,917 3,325 2,376 2,723 900 800 700 600 500 400 300 200 100 0 798 713 476 502 20.03% 18.44% 21.44% 20.38% 50.00% 40.00% 30.00% 2
Valorem Advisors Disclaimer
Valorem Advisors is an Independent Investor Relations Management Service company. This Presentation has been prepared by Valorem Advisors based on information and data which the Company considers reliable, but Valorem Advisors and the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Valorem Advisors also hereby certifies that the directors or employees of Valorem Advisors do not own any stock in personal or company capacity of the Company under review. Mr. Anuj Sonpal Valorem Advisors Tel: +91-22-4903 9500 Email: arihant@valoremadvisors.com 40 Thank You 41
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