Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Q1 FY2025 Earnings Presentation
30 slides from Prozone Realty's earnings presentation, Aug 13, 2024
Slide 1: Prozone Realty Limited
Prozone Realty Limited (Formerly known as 'Prozone Intu Properties Limited' till 24 th May 2023) Dated: 13th August 2024 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Listing Department, Bandra Kurla Complex, Bandra (E), PJ Towers, Dalal Street, Fort, Mumbai 400 051 Mumbai
Slide 2: Upward And Forward: Q1 FY25 Results Update Presentation
PROZONE REALTY LIMITED Upward Q1 FY25 RESULTS UPDATE PRESENTATION And Forward July 2024 Change of name: Change of name of the Company from ‘Prozone Intu Properties Limited’ to ‘Prozone Realty Limited’ got effective from May 25, 2023 and started getting reflected on Stock Exchanges from 4th Aug 2023.
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 4: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 2
Slide 5: Key Highlights of Q1 FY25
KEY HIGHLIGHTS OF Q1 FY25 Mall Income Growth Mall EBITDA Growth (INR Mn) Consumption Growth (INR Mn) (INR Mn) 195.14 209.15 1,654.40 181.23 189.34 1,526.16 Q1FY24 Q1FY25 Q1FY24 Q1FY25 Q4FY24 Q1FY25 3
Slide 6: Executive Summary
EXECUTIVE SUMMARY MALL Prozone Mall Aurangabad Retailer sales in Aurangabad mall were up 5% as compared to Q4 of FY24. Three new stores spread over 1938 sq ft GLA commenced operations, including Raymond M2M, Kingdom of White & Kazo. GLA of 5034 sq ft is under fitout with Tales & Stories (rel
Slide 7: Results Highlights
RESULTS HIGHLIGHTS 01 Income from operations for Q1 FY25 stood at Rs 321.9mn o Q1FY25 Income from Mall stands at 299.0 mn which is up 11% over Q1FY24. o Q1FY25 Income from Real estate stands at 23mn which is from Nagpur Resi. 02 EBITDA for Q1 FY25 stood at Rs 84.8 mn o Q1FY25 EBITDA stood at Rs 84.8
Slide 8: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q1 FY25 Q4 FY24 Q1 FY24 FY24 Revenue from Real Estate Projects^ 23.0 217.1 266.8 725.3 Lease Rental & Related Income 299.0 298.7 268.8 1,119.9 Total Income from operations 321.9 515.8 535.6 1,845.1 Other Income 14.9 12.9 118.7 176.5 Total Inco
Slide 9: Asset Snapshot
ASSET SNAPSHOT 7
Slide 10: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 8
Slide 11: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q1 FY25 Total Operational Area (lakh sq.ft.) 5.02 Total Leased Area (lakh sq.ft.) 5.02 Current Leasing Status 74% Number of Stores Leased 118 New Stores Opened in quarter 3 Number of Stores Under fit out 3 Consumption & Footfall Trend Occupanc
Slide 12: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL KAZO Kingdom of White Raymond M2M 10
Slide 13: Some of the Brand Partners at Aurangabad Mall
SOME OF THE BRAND PARTNERS AT AURANGABAD MALL 11
Slide 14: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL Mango Mania 2024 TVS Apache Bike Stunt Show MGM University event & Activity Yoga Day 12
Slide 15: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q1 FY25 Total Operational Area (lakh sq.ft.) 4.60 Total Leased Area (lakh sq.ft.) 4.60 Current Leasing Status 93% Number of Stores Leased 107 New Stores Opened in quarter 1 Number of Stores Under fit out 1 Consumption & Footfall Trend Occ
Slide 16: New Stores at Coimbatore Mall
NEW STORES AT COIMBATORE MALL ZUDIO (Expansion) 14
Slide 17: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 15
Slide 18: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Tamil New Year Celebrations Summerholic Event Prozone Mega Food Festival Go Green Marathon 16
Slide 19: Project Update - Coimbatore - Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ____________________________________ Coimbatore Residential (CGI) • ~1.9 m sqft of residential ____________________________________ • 7 towers of 18 floors comprising 1,152 apartments ____________________________________ • 3 towers of 18 floors comprising 54
Slide 20: Coimbatore Residential
COIMBATORE RESIDENTIAL Project Status as on Mar24 Project Status as on Jun24 Splendour Splendour Manhattan Manhattan 18
Slide 21: Project Update – Nagpur
PROJECT UPDATE – NAGPUR _____________________________________ • 0.5m sqft of retail space under Nagpur mall design (CGI) advanced stage of approvals • 0.39m additional development potential _____________________________________ • 4.5m catchment population _____________________________________ • 15.7
Slide 22: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual Actual 20
Slide 23: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population Actual Actual • Prominent business and industrial centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be developed in p
Slide 24: Disclaimer
DISCLAIMER Generic Disclaimer The following is a general overview of Prozone Realty Limited (the “Company”) and is qualified in its entirety by reference to the applicable offering memorandum, memorandum and articles of association or other constitutional documents and subscription agreement (togeth
Slide 25: Thank You
THANK YOU Email: info@prozonerealty.com Website: https://prozoneintu.com/ 23
Slide 26: Annexure
ANNEXURE 24
Slide 27: About Us
ABOUT US • Prozone Realty Ltd (Prozone) is set up to create, develop and manage world-class regional shopping centres and associated mixed-use developments Pan-India. BUSINESS • Prozone strategy is to participate and dominate in the retail space in Tier 2 and 3 cities in which robust urbanization is
Slide 28: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Business Strategy • Develop Large scale Land Parcels for Mixed Use development. • 75% of the Land to be developed as Residential & Commercial – Build & Sell model • 25% of the Land to be developed as Retail – Build & Lease Model • The Company foll
Slide 29: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Regional Malls Yield under own Lease Management Model Debt Free Large scale Assets land parcels FUTURE for mixed use Profits & GROWTH developments Shareholder Residential & Cash Value Commercial Sales Developments Model • Locations selected in hig
Slide 30: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Jun24 24.02% 44.13% 28.83% 3.02% Promoters FDI FPI Others Key Investors Holding (%) ACACIA Group 3.02% Radhakishan Damani & Family 0.92% Sandeep Raheja & Family 1.40% Source: BSE 28