Ndr Invit Trust · NSE:NDRINVIT
Ndr Invit Trust — Q4 FY2024 Earnings Presentation
28 slides from Ndr Invit Trust's earnings presentation, May 30, 2024
Slide 1: NDR InvIT Trust Investor Presentation
*NDR InvIT Trust was registered on 27th March ‘23, commenced operations on 8th Feb ’24 and listed on 14th Feb ‘24
Slide 2: Disclaimer
Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Trust's operations include changes in the indu
Slide 3: Strong Lineage, Marquee Investors, High Growth Markets
Strong Lineage Diversified Clientele • 6 decades of experience and 3rd generation in the • 86+ Clients logistics business • Diversified across 3PL, Logistics, Retail, Auto, FMCG • Industry leader with wide expertise in the logistics and E-commerce sector Marquee Investors Operating Metrics • Investc
Slide 4: Business Overview
Wa BUSINESS V OVERVIEW
Slide 5: Perpetual Cash Flow, Risk Management, Diversified Clientele
1 Perpetual Cash Flow • Competitive leases and escalation factors allow for sustainable revenue growth • 23.40% of existing rentals coming up for lease renewals in Fiscal ’25, enhancing the potential for up-leasing 2 Strong Risk Management • Under Construction Assets are < 12% of the overall Portfol
Slide 6: Strong Presence in High Growth Markets
NDR InviT \Strong Presence in High Growth Markets TRUST Area Contribution (% of total mn sq. ft.) 6% 12% P North (1.69 mn sq. ft.) Delhi - 03 parks Bilaspur - 01 park 17% ™@ South 65% m West m@ North 4 “ East (1.40 mn sq. ft. Revenue Contribution (%) a ? ae -02 cae ) ™ East 11% 7% West (3.30 mn sq.
Slide 7: Area and Revenue Vacancy Notes
*Vacancy in Area includes 1.50% under Fit-Out. 7 *Vacancy Portion in the Revenue Graph is inclusive of Lease Commitments.
Slide 8: Plans to add 3 mn sq. ft. of additional space
Plans to add 3 mn sq. ft. of Invest in Improve additional space Technology ESG Metrics Increase Target to Increase presence in acquire High Yield focus of industrials Tier 2 cities Infra assets as a tenant sector 8
Slide 9: Financial Overview
Se FINANCIAL V OVERVIEW
Slide 10: Key Metrics FY 24
Key Metrics FY 24* Total Income INR 481.87 mn EBITDA INR 361.51 mn PAT INR 184.07 mn LTV (Net Debt) < 10% NAV INR 126.29 NDCF INR 421.01 Distribution per Unit (DPU) INR 1.00 Distribution Period 8th Feb 2024 to 31st Mar 2024 Record Date 28th May 2024 *Please note: NDR InvIT Trust was registered on 27
Slide 11: Unit Holding Details
V Unit Holding Details TRUST Unitholding Pattern 17.33% Unitholding Summary (385 Mn units) 40.39% 16.65% Current Marquee Investors © Sponsor Group Bi Investcorp ®@ Insurance © Institutional Holdings (Others) @ = Non- Institutional Holdings n
Slide 12: ee » da
ee » da
Slide 13: Journey Towards the First Perpetual Warehousing InvIT in India
Journey Towards the First Perpetual Warehousing InvIT in India 13
Slide 14: Unitholders / Investors
Unitholders / Investors 14 14
Slide 15: Strong & Experienced Board
Strong & Experienced Board 24+ years of experience in end-to-end supply chain logistics, specializing in warehousing Bachelor's Degree in Commerce trom University of Madras. Joined NOR Group in 1998 Director at NOR Ware Housing Pvt. Ltd. and NOR Holdings Pvt Ltd. Also, Whole-Time Director at Contine
Slide 16: South Zone
South Zone 9.56 mn sq ft. Logistics & 3PL, E- Com, FMCG, Automotive & Industrial, Consumer Durables, Electronics, Assembly Plant 16
Slide 17: West Zone
West Zone 2.50 mn sq ft. Logistics & 3PL, Telecom, E- Commerce, FMCG, Automotive & Industrial, Consumer Durables 17
Slide 18: North Zone
North Zone 0.89 mn sq ft. Logistics & 3PL, Wholesale, Retail 18
Slide 19: East Zone
East Zone 1.42 mn sq ft. Logistics & 3PL, Telecom, E- Commerce, FMCG, Automotive & Consumer Durables 19
Slide 20: Under Construction Asset
Under Construction Asset 3.10+ mn sq ft. Logistics & 3PL, Telecom, E- Commerce, FMCG, Automotive & Consumer Durables 20
Slide 21: ROFO Assets, All Zones
ROFO Assets, All Zones Access to 5+ mn sq. ft. 21
Slide 22: Trust structure and risk mitigation
SPV 1 SPV 2 NDR InvIT NDR Asset NDR Manager Management InvIT SPV 3 Industry, Business and Investment risk mitigated via, Financial Risk Mitigated via, Concentration risk mitigated via, Competent personnel, prudent Low debt and covenants at SPV management and high governance levels, leading to amplif
Slide 23: Impact of Infra Investment
NDR InvIT Impact of TRUST Infra Investment INR 1 Capital spend leads to a multiplier of INR 2.14 (Year 1) and INR 3.14 (Year 2 onwards) (Source ORF) First Order Effects Direct Employment - 150 Indirect Employment - 300+ Generates Women Employment — Upto 50% 90% of employment generated in low income
Slide 24: Economical, Environmental, Social & Developmental impact in a Tier II city
Economical, Environmental, Social & Developmental impact in a Tier II city Investment in a 650,000 sq. ft NDR played an additional warehouse led to: role in: Employment generation of 1,000+ Investing in the road people infrastructure for connecting nearby villages 50%+ women employees Desilting of t
Slide 25: First mover in an Under-Developed area in Bengaluru
First mover in an Under-Developed area in Bengaluru Investment in a 300,000 sq. ft NDR played an additional warehouse led to role in: • Employment generation of 600+ • Investing in the road people infrastructure and street • 300 women employees lighting • Women moving up the SEC • Adopting and impro
Slide 26: Societal and Community Development – West Zone
Societal and Community Development – West Zone Investment in 2011 First formalized private sector employment provider for the villages in the area When it was brought to NDR Trust 's notice that some of the villages were running out of ground water, the Trust laid a pipeline to ensure potable supply
Slide 27: ESG and SDG Philosophy
VESG and SDG Philosophy G Environmental Preserving / Conserving ground water Waste segregation & recycling Construction materials rated environmentally safe Roofing/Lighting systems that allow for natural lighting In line with customer requirement Warehouses to be solar panels equipped at 90% capaci
Slide 28: Thank You
NDR InviT Trust Mr. Sandeep Jain Chief Financial Officer sandeep @ndrinvit.com www.ndrinvit.com THANK YOU For further information please contact NDR InvIT Trust Ms. Neha Chovatia Company Secretary & Compliance Officer neha.chovatia@ndrinvit.com www.ndrinvit.com Investor Relations Adfactors PR Privat