Arihant Superstructures Ltd

- Arihant Superstructures plans to raise funds primarily for new acquisitions. - They intend to issue equity and may also procure some debt for these acquisitions. - For ongoing projects, current internal accruals and collections are sufficient, and no immediate additional fundraising is required. - The company maintains a balanced approach towards financing, using a mix of equity and debt depending on opportunity. - Construction finance currently costs around 12% per annum from lenders like STCI and HDFC. - The company aims to keep debt at a manageable level with a good debt-to-equity ratio. - They are focusing on profitable acquisitions during the current growth phase and invite investors to participate in equity issuance.

- Arihant Superstructures Limited plans capital infusion for new acquisitions, focusing on Mumbai Metropolitan Region, particularly Navi Mumbai, which is witnessing significant growth. - Recently acquired 25 acres of land near Mumbai-Pune Highway, Chowk area, for plotted development (about 6.6 lakh sq.ft across 275 plots). - Looking to raise approximately Rs.150 Crores through a mix of debt and equity for business expansion and land acquisition. - Company aims to increase its portfolio size from around 1.5 crore sq.ft to 2.5 crore sq.ft in the next five years. - Focus on plotted developments and horizontal growth alongside regular projects. - Strategic emphasis on building a sustainable organization beyond five years by capitalizing on the growing MMR region. - No explicit mention of exact future CAPEX amounts, but investments in land and projects are actively underway aligned with the company's growth trajectory.

- Arihant Superstructures aims for a 4x growth in size, people, revenues, and overall business in the next five years (Page 15). - The company plans to increase its portfolio from approximately 1.5 crore square feet to 2.5 crore square feet over the next five years, focusing on Mumbai Metropolitan Region (MMR) (Page 14-15). - Sales bookings showed strong momentum with 505 units worth Rs.224.3 Crores in Q3 and 1159 units worth Rs.548 Crores in nine months FY2023, indicating positive growth trajectory (Page 3-4). - New project launches and acquisitions, including a 25-acre plotted development near Mumbai-Pune Highway and affordable housing projects like Arihant Aaradhya, are expected to further boost volumes (Pages 5, 11). - The company targets sustainable growth, leveraging rising home loan disbursements and infrastructure investments to support demand and collections (Pages 8, 12). - Management is confident growth is unstoppable if aligned with market needs (Page 16).

- The company aims for a 4x growth across size, people, revenues, and others within five years given current capital and opportunities (Page 15). - New projects target operating margins (PAT) of around 20%+, with some projects already achieving 24-30% PAT margins (Pages 11-12). - EBITDA margins are around 21-30%, with net profit margins of approximately 13-20% expected (Pages 11-12). - Consistent quarter-on-quarter growth has been observed post-COVID, with the company confident of sustaining similar or better numbers going ahead (Page 7). - The management expects growth to be sustainable beyond five years by increasing portfolio from 1.5 crore sq. ft. to 2.5 crore sq. ft. over half a decade (Page 14). - PAT margins of approximately 20% from new projects are seen as sustainable, despite some older low-margin projects (Pages 11-12). - Earnings growth is expected not on a quarter-to-quarter basis but over a longer bandwidth (yearly or more) due to real estate project cycles (Page 16).

- Arihant Superstructures Limited's current focus is on strong sales momentum, having achieved sales bookings of 505 units worth Rs. 224.3 Crores in Q3 FY2023, and 1159 units totaling Rs. 548 Crores for the 9-month period. - The company has ongoing construction across multiple sites in Mumbai MMR and Jodhpur, with new project launches planned. - They acquired 25 acres near Mumbai-Pune highway for plotted development with around 275 plots and development potential of 6.6 lakh sq. ft. - New launches such as Arihant Aaradhya near Kalyan have been well-received with 35% of inventory sold soon after launch. - Several projects (Arihant Aayan at Titwala, Arihant Arshiya at Khopoli, and Shilphata project) have received or are awaiting approvals, with some delays expected to quarter Q4 FY2023 and FY2024. - They are targeting a 4x growth in size, revenues, and people over the next five years, supported by existing capital and acquisition plans.