Arvind SmartSpaces Limited
4,686words
6turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
Rs. 184
Rs. 156
17%
Rs. 293
Rs. 178
65%
Rs. 955
Rs. 562
Rs. 161
Rs. 67
Rs. 280
Guidance — 18 items
Deal Parameters
opening
“5.1 million sq ft • Financial performance is based on applicable accounting standards wherein the revenue recognition is based on transfer of control with Project completion and satisfaction of performance obligation.”
Deal Parameters
opening
“CrUplands 29 74 High Grove 56 4 Chirping Woods - 9 Forreste 43 37 Skylands 12 16 Belair 10 21 Oasis 7 17 The Edge 1 (1)Aavishkaar (1) 5 Elan (2) - Other Completed Projects (1) - Total 156 183 Project wise Fresh Bookings – H1 FY22 600 500 400 300 200 100 0 Fresh bookings Rs.”
Deal Parameters
opening
“Cr 529 CAGR 49% 277 286 73 91 113 FY16 FY17 FY18 FY19 FY20 FY21 Collections during the year amounts to Rs.”
Deal Parameters
opening
“CrUplands 9 117 High Grove 56 10 Chirping Woods - 36 Forreste 60 54 Skylands 18 21 Belair 21 22 Oasis 11 22 The Edge 6 (1)Aavishkaar 0 8 Elan (7) 3 Other Completed Projects 3 2 Total178 293 Project wise Financial Performance Q2 FY22 H1 FY22 Revenue recognition during Q2FY22 is mainly Skylands Rs.”
Deal Parameters
opening
“Financial performance is based on Project completion method as per applicable Accounting Standards.”
Deal Parameters
opening
“50 Cr issued to HDFC (15 years tenure) for joint project in Bangalore Net Interest bearing funds is netted off with Short term Loans and Advances given to third parties to optimize Cash flow mismatch Out of Rs.”
Note
opening
“Ft.) Residential Commercial Industrial Residential Commercial Residential 3,182,980 82,526 560,402 3,825,908 14,776,199 168,224 14,944,423 5,101,216 23,871,546 Project Details Status City Project Type Structure Economic Interest A.”
Note
opening
“Net Operating Cash flow for the Company from DM would be equivalent to DM fees 2,934 2,311 1,278 Projects Uplands Location: Nasmed Village, Gandhi Nagar Product: Premium golf based township Project Size: 180 Villas Phase I, 45 Villas Phase II – Overall 56 Lakh Sq.”
Note
opening
“ Deal Structure: Joint Development Architect: Woods Bagot Features: 9 Hole Executive Golf Course 3 Clubs (Golf Square, Zen Square, Fun Square) Premium Concierge Services Disney® themed kids bedroom Personal Swimming Pool, Gym, Home Theatre - Optional Uplands Uplands Uplands ClubHouse Uplands ClubHouse Skylands Location: Jakkur Road, Shivanahalii,Bengaluru Product: High rise Residential Apartments Project Size: 417 Units – 4.9 Lakh Sq.”
Note
opening
“ Deal Structure: Outright Purchase Architect: Apurva Amin Features: Sky lounge on terrace Jogging track on terrace Open café on terrace Star gazing deck on terrace Club House with Indoor & Outdoor Sports Amenities Skylands Aavishkaar Location : Naroda Road, Ahmedabad Product : Affordable Residential Apartments Project Size : 574 Units – 5.5 Lakh Sq.”
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Risks & concerns — 2 flagged
Prem Prakash Pangotra Independent Director Strategic Pillars of Growth 1 2 3 4 5 Asset light Balanced Risk Profile Innovation Customer Centricity Systems & Processes 1 2 3 4 5 Land as Raw Material, no Land Banking, Process Industry approach Focus on efficient cash flow management and low leverage, Focussed market and geography strategy Product Innovation and design Aiming for delight at every touch point in customer life cycle, On-time delivery Strong Governance.
— Note
Forward–looking statements by their nature address matters that are, to different degrees, uncertain.
— Note
Speaking time
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Opening remarks
Overview
• Signed a binding agreement for an 18 acre land parcel located on the Sarjapur Bagalur road • Marks our entry into the Sarjapur micro-market • The deal is signed on a revenue share basis with 65% revenue share
Market Attractiveness
• Sarjapur road has emerged as one of the fastest growing micro-markets in Bangalore • The micro-market is in close proximity to the key business district of the Outer Ring Road and Electronic City • The area has a well developed social infrastructure with several international schools in the vicinity • The micro-market is home to several large plotted, villa and villament developments like Prestige Smart City, Sriram Chirping Grove, Nambiar Ellegenza etc…
Deal Parameters
Parameters Land Area Indicative Saleable Area Indicative Topline Particulars 18 Acres 880,000 sqft Rs. 600 cr Site Location Key Updates – Q2FY22 Sales and New Launches during the Half Year • Strong Sales momentum continues • Forreste – total 7.7 lacs sq ft area added with Phase 4 • Chirping Woods launched with freshness hit the market consisting of 6.3 lacs sq ft area Project Completion • Till date completed and handed over 10 projects measuring total developed area of 3.8 Million sqft (Alcove, Megatrade, Parishkaar, Trade square, Expansia, Citadel, Sporcia, Megapark, Megaestate and Skylands) Ongoing Projects Financial performance vs Fresh Sales • Currently, executing 10 projects in Ahmedabad, Bengaluru and Pune measuring 14.9 Million sq ft of developable area (Uplands One, HighGrove, Oasis, Aavishkaar, Elan, The Edge, Forreste, Uplands Two, Belair and Chirping Woods) • Projects yet to be launched measures approx. 5.1 million sq ft • Financial performance is based on applicable account
Note
Closing levels of Sensex and Realty Index as on Aug 31, 2015 was 26,283 and 1,261 respectively, the same have been indexed to 100. For Arvind SmartSpaces Limited, the Listed closing price as on Aug 31, 2015 of Rs. 45.85 is indexed to 100. 050100150200250300350400450500Aug-15Oct-15Dec-15Feb-16Apr-16Jun-16Aug-16Oct-16Dec-16Feb-17Apr-17Jun-17Aug-17Oct-17Dec-17Feb-18Apr-18Jun-18Aug-18Oct-18Dec-18Feb-19Apr-19Jun-19Aug-19Oct-19Dec-19Feb-20Apr-20Jun-20Aug-20Oct-20Dec-20Feb-21Apr-21Jun-21Aug-21Oct-21Performance of Scrip (since Listing)BSE Sensex IndexBSE Realty IndexASL Index Shareholding Pattern (%) Number of Shareholders as on Sept 30, 2021: 108,093 Category31-Mar-202130-Jun-202130-Sept-2021Promoter and Promoter Group58.66%56.88%56.88%Foreign Institutional Investors(FIIs)0.03%0.05%0.05%Mutual Funds0.00%0.00%0.00%Insurance Companies3.73%0.31%0.01%Public37.58%42.76%43.06%56.88%, Promoter and Promoter Group0.05%, Foreign Institutional Investors(FIIs)0.00%, Mutual Funds0.31%, Insurance Companies
Investor Relations
Ankit Jain Chief Financial Officer Email: ankit.jain@arvind.in Prakash Makwana Company Secretary Email: prakash.makwana@arvind.in Jagdish Dalal Investor Relations Email: jagdish.dalal@arvind.in
Disclaimer
The information in this presentation contains certain forward‐looking statements. These include statements regarding outlook on future development schedules, business plans and expectations of Capital expenditures. These statements are based on current expectations that involve a Number of risks and uncertainties which could cause actual results to differ from those anticipated by the Company.
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