Arvind SmartSpaces Limited
5,085words
5turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
49%
30%
Rs. 85
8.8%
rs
2021
7.4%
Rs. 500
97%
3%
6%
22%
Guidance — 16 items
Deal Parameters
opening
“Residential Villa Project Land Area Indicative Saleable Area Indicative Topline Particulars 35 Acres ~1.3 mn sq ft Rs.”
Deal Parameters
opening
“6.6 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 16 46 High Grove 52 6 Chirping Woods - 5 Forreste 23 40 Skylands 24 4 Belair 13 19 Oasis 5 18 The Edge 1 2 Aavishkaar 7 12 Elan 4 6 Other Completed Projects (0) - Total 144 158 Project wise Fresh Bookings – YTD Dec 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 25 164 High Grove 108 16 Chirping Woods - 41 Forreste 83 94 Skylands 42 25 Belair 34 41 Oasis 15 40 The Edge 7 0 Aavishkaar 8 20 Elan (3) 8 Other Completed Projects 3 2 Total322 451 Project wise Financial Performance Q3 FY22 YTD Dec FY22 Revenue recognition during Q3FY22 is mainly Uplands 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 ▪ Net Interest bearing funds for Mar-21 has been reinstated for like to like comparison Note : * The numbers for Gross Debt and Net Debt may appear different in financials basis the reporting as per accounting standards.”
Deal Parameters
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 6,641,062 25,411,392 Project Details Status City Project Type Structure Economic Interest A.”
Deal Parameters
opening
“Net Operating Cash flow for the Company from DM would be equivalent to DM fees 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.”
Deal Parameters
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.”
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Risks & concerns — 1 flagged
Forward–looking statements by their nature address matters that are, to different degrees, uncertain.
— Deal Parameters
Speaking time
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Opening remarks
Overview
• Signed a binding agreement for a 35 acre land parcel located in Bhugaon, Pune (West) • This is our second deal in Pune and our first horizontal development in the city • The deal is signed on an outright basis with an expected closure on or before July 22
Market Attractiveness
• The Mulshi road is a fast growing villa and plotted development destination in Pune • The micro-market is in close proximity to the key IT hub of Hinjawadi • The micro-market is home to several large developments like Forest Trails by Pranjape Schemes, SP Vanaha, Rohan Madhubhan etc…
Deal Parameters
Residential Villa Project Land Area Indicative Saleable Area Indicative Topline Particulars 35 Acres ~1.3 mn sq ft Rs. 690 Cr Key Updates – Q3FY22 Projects Pipeline • Completed 3.2 mn sq ft, Ongoing 14.9 mn sq ft and Planned 6.6 mn sq ft; • Total 25.4 mn sq ft 30.0 25.0 20.0 15.0 10.0 5.0 - 22.1 5.0 13.2 3.8 Mar-20 Project Pipeline (mn Sq ft) 22.8 4.8 14.2 3.8 Mar-21 23.9 5.1 25.4 6.6 14.9 14.9 3.8 Sep-21 3.8 Current Completed Ongoing Planned Key Updates Sales and New Launches during the Nine Months • 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 proj
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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