Housing Development & Infrastructure Ltd. · NSE:HDIL
Housing Development & Infrastructure — Q3 FY2011 Earnings Presentation
40 slides from Housing Development & Infrastructure's earnings presentation, November 2010
Slide 1: HDIL Creating Value
HDIL Creating Value Microstructures | Megastructures | Infrastructure QHDLL..... Housing Development and Infrastructure Ltd.
Slide 2: Company Overview
Company Overview HDIL Group – HDIL listed on BSE/NSE in July 2007 – Over three Decades of expertise in the Real Estate Business – Developed over 100 million sq. ft. area Company Profile – A major player in Mumbai Realty with 90% land Reserves in the Mumbai Metropolitan Region (MMR) – Total Land Rese
Slide 3: Achievements during Q3 F.Y-11
Achievements during Q3 F.Y-11 Best Developer in Commercial Infrastructure by CSI: Mr. Sarang Wadhawan - MD, HDIL The Leading Developer in Residential and Affordable Housing: Mr. Sarang Wadhawan – MD, HDIL 2
Slide 4: Largest Player in Mumbai Metropolitan Region (MMR)
Largest Player in Mumbai Metropolitan Region (MMR) Virar Ongoing Projects Vasai-Virar Vasai-Virar belt belt (Part (Part of of Thane Thane district) Preferred residential Residential: district) Preferred residential destination, • Metropolis destination, well well connected connected with with rail r
Slide 5: Diversified Project Mix
Diversified Project Mix Ongoing Projects (Saleable Area) Segment wise Project Breakup 39.87 mn 38.73 mn TDR (MIAL Project)* 43% Residential- 42% 5.76 mn 7.97 mn SRS/Redevelopment- 6% Commercial and Retail- 9% * Includes proposed TDR for Phase III 22 22 Ongoing Ongoing Projects Projects aggregating a
Slide 6: Ongoing Projects-Residential
Ongoing Projects-Residential Residential Projects as on 31st December 10 Project Location Saleable Area (in sf) Premier Residency- Phase I Kurla 1,000,000 Metropolis Andheri 650,000 Harmony Oshiwara 43,858 Galaxy Kurla 475,000 Majestic Bhandup 1,300,000 Virar Residency Virar 1,250,000 Meadows Phase
Slide 7: Forthcoming Projects-Residential
Forthcoming Projects-Residential Project Location Saleable Area (in sf) Status Rehabilitation in progress, Ekta Nagar Kandivali 1,500,000 sales to be launched Rehabilitation in progress, Whispering Towers- Phase II Mulund 800,000 sales to be launched MHADA Redevelopment in Meadows- Phase II Goregaon
Slide 8: Ongoing Projects- Commercial and Retail
Ongoing Projects- Commercial and Retail Commercial and Retail Projects as of 31st December 10 Project Location Saleable/Lease Area (in sf) Kurla Premier* Kurla 2,000,000 Metropolis* Andheri (West) 1,220,000 Kalamsarry-I.T SEZ (Phase I)*** Kochi 2,500,000 Harmony* Oshiwara 349,456 HDIL Industrial Par
Slide 9: Ongoing Projects- SRA
Ongoing Projects- SRA Slum Rehabilitation Projects as of 31st December 10 Project Location Saleable Area (in sf) MIAL Slum Rehabilitation Project (TDR)* Mumbai 39,875,000 Meadows (Phase I and II) Goregaon 1,800,000 Ekta Nagar Kandivali 950,000 Bandra (East) SRS Scheme I Bandra-Kurla Complex 1,882,75
Slide 10: Focus on Execution
Focus on Execution • Approximately 44 million sq.ft of projects under construction • Major Contractors Techno Housing Construction India Pvt Ltd Ahluwalia Contracts (India) Limited Pragmatic Infrastructure Limited Techno Housing Construction India Private Limited • 350 Civil Engineers recruited over
Slide 11: Construction Area- Ongoing Projects
Construction Area- Ongoing Projects Residential 13.92 mn 32% 47% 21% SRA/TDR* Commercial/ 20.76 mn Retail 9.29 mn * Includes Phase I and II- 33,000 units Total Total Construction Construction Area- Area- 43.97 43.97 million million sq.ft sq.ft 10
Slide 12: Cumulative Estimated Sales (YoY)
Cumulative Estimated Sales (YoY) 6000 5807.65 5000 (Rupees in Crores) 4000 2918.98 3000 2000 1241.92 1000 0 -0 9 -1 0 -1 1 20 08 20 09 20 10 (Financial Year) 11
Slide 13: Residential Projects- Construction Update
Residential Residential Projects- Projects- Construction Construction Update Update Metropolis Meadows 12
Slide 14: Construction Update- Residential Projects
Construction Update- Residential Projects Week 4, December 10 Premiere Residencies- Kurla (W) Galaxy Apartments- Kurla (E) Metropolis Residencies- Andheri (W) Majestic Towers- Nahur (W) 13
Slide 15: Construction Update- Residential Projects
Construction Update- Residential Projects Week 4, December 10 Harmony- Oshiwara Residency Park- Virar (W) Meadows- Goregaon (W) Whispering Towers- Mulund (W) 14
Slide 16: Construction Update- Residential Projects
Construction Update- Residential Projects Paradise City- Palghar (W) Recently Recently Launched Launched in in the the month month of of December, December, 2010 2010 15
Slide 17: Commercial Projects- Construction Update
Commercial Commercial Projects- Projects- Construction Construction Update Update Harmony Metropolis 16
Slide 18: Construction Update- Commercial Projects
Construction Update- Commercial Projects Week 4, December 10 Premiere Residencies- Kurla (W) Metropolis- Andheri (W) Industrial Park- Virar (E) Harmony- Oshiwara 17
Slide 19: MIAL Rehabilitation Project: Uplifting face of Mumbai
MIAL Rehabilitation Project: Uplifting face of Mumbai 13 4 3 HIGHLIGHTS 2 Largest Urban Rehabilitation 22 Scheme in India 8 5 Rehabilitation > 1 million 9 6 people 11 10 No. of Hutments – 85,000 approx. 7 1 Scale similar to Town Planning 21 & Urban Renewal Scheme 12 31 Vital Public Infrastructure 23
Slide 20: Progress of MIAL Phase I and Phase II Rehab. Sites
Progress of MIAL Phase I and Phase II Rehab. Sites HIGHLIGHTS Premiere (I and II) Galaxy Majestic No. of Families ~22,000 ~2000 ~2500 Rehab. Area (Sq. ft.) 8 mn. 0.5 mn. 0.7 mn. Project Start Date May 08 May 08 Sep 09 Work completd > 75 % > 75 % >25% HIGHLIGHTS Whispering Towers Popular Car Bazaar M
Slide 21: MIAL Rehabilitation Project- Phase 1 (Construction Update)
MIAL Rehabilitation Project- Phase 1 (Construction Update) 20
Slide 22: Virar Rental Housing Project
Virar Rental Housing Project HIGHLIGHTS RENTAL RENTAL HOUSING HOUSING SECTOR SECTOR Largest Rental Housing Scheme in MMR since 1947 Development of 525 acres aggregating to 56 million sq. ft. of built up area - FSI of 4 Completion in 4 phases by 2015 Approx. 40,000 rental units of 160 sq. ft. carpet
Slide 23: Investment in Hospitality Projects
Investment in Hospitality Projects 22
Slide 24: Hospitality Project- Juhu, Mumbai
Hospitality Project- Juhu, Mumbai Operator- Hilton Brand- Conrad Management Agreement signed with Current View Hilton hotels for 20 years Hotel Description- – 5 star – Approx. 240 rooms – One All day dining Proposed Elevation – Three Specialty restaurants – Night Club – Executive lounge, Lounge Bar
Slide 25: Hospitality Project- Andheri, Mumbai
Hospitality Project- Andheri, Mumbai Operator- Intercontinental Hotel Group Brand- Crown Plaza Business/ Leisure Hotel Current View Hotel Description- – 5 star – Approx. 200 rooms – One All day dining – Three Specialty restaurants Proposed Elevation – Night Club – Executive lounge, Lounge Bar – Pool
Slide 26: Investment in New Projects
Investment in New Projects 25
Slide 27: SRS Project in Malad (West)
SRS Project in Malad (West) HDIL has acquired 69% stake in Lashkaria Constructions Approx. families to be rehabilitated- 22,773 Total Potential Development- 25 million sq.ft Approx. investment till date- Rs. 400 crores Project Status- In Planning and Development stage 26
Slide 28: NOVINON PROPERTY (SHAHAD)- Site Image
NOVINON PROPERTY (SHAHAD)- Site Image Project Details Novinon Property Shahad, Locations Tarapur, Baroda Approx. Saleable Area (Shahad) 50,00,000 sq.ft Approx. Total Investment Rs. 314 crores Status Planned Shahad (part of MMRDA Rental housing Scheme)- in Launch next six months 27
Slide 29: BOISAR- Site Image
BOISAR- Site Image Project Details Approx. Area 400 acres Approx. Investment Rs. 250 crores Status Planned In next six Launch months Affordable Housing, under Model approval stage 28
Slide 30: SVP NAGAR (Versova)- Site Image
SVP NAGAR (Versova)- Site Image Project Details Approx. Area 70 acres Approx. Investment Rs. 200 crores Societies 98 Planned (MHADA layout), under Status approval stage 29
Slide 31: Financial Overview
Financial Financial Overview Overview 30
Slide 32: Financial Performance/ Ratios
Housing Development and Infrastructure Limited Financial Performance/ Ratios Rs. in crores Quarter ended Quarter ended Particulars Growth % Growth % 12/31/2010 12/31/2009 12/31/2010 9/30/2010 Turnover (Net) 455.35 408.88 11.37% 455.35 372.65 22.19% Other Income 28.12 26.59 5.75% 28.12 33.88 -17.00%
Slide 33: Balance Sheet
Housing Development and Infrastructure Limited Balance Sheet as at 31-D ec-2010 31-D ec-2009 30-Sep-2010 (U naudited) (U naudited) (U naudited) Schedules (A m ount in `) (Am ount in `) (A m ount in `) SO U R CES O F FU N D S Shareholders' funds Share capital A 4,150,039,860 3,458,426,760 4,150,039,8
Slide 34: Profit and Loss Statement
Housing Development and Infrastructure Limited Profit and Loss Statement as on Q u a rte r e n d e d Q u a rte r e n d e d Q u a rte r e n d e d S ch e d u le s 3 1 -D e c-2 0 1 0 3 1 -D e c-2 0 0 9 3 0 -S e p -2 0 1 0 (U n a u d ite d ) (U n a u d ite d ) (U n a u d ite d ) (A m o u n t in `) (A m
Slide 35: Cash Flow Statement
Housing Development and Infrastructure Limited Cash Flow Statement for the period ended Quarter ended 31-Dec-2010 (Unaudited) (Amount in `) A Cash flow from operating activities Net profit before tax 2,683,022,800 Adjustments for : (1) Depreciation 15,127,988 (2) Interest expenses 203,393,928 (3) Pr
Slide 36: Cash Flow Statement Analysis
Cash Flow Statement Analysis Cash receipts from customers 7,426,277,585 (-) Construction Cost and Overheads (for approx 44 mn sq.ft) 5,277,807,291 (-) Project Specific Interest Cost 1,189,643,835 (-) Employee Cost 85,209,535 (-) Direct tax paid 167,144,935 Operating Cash Flow before new investments
Slide 37: Annexure 1: SRS
Annexure Annexure 1: 1: SRS SRS 36
Slide 38: Slum Rehabilitation Scheme
Slum Rehabilitation Scheme Initial Stage Second Stage Third Stage Developer appointed/ Lots of allotment of If non-participants do not 70% of dwellers from Co- Developer appoints Scrutiny by sub engineer/ Annexure II & III certified by tenements to participating agree within 15 days, they Op. Hsg. S
Slide 39: Disclaimer
Disclaimer This investor presentation has been prepared by Housing Development and Infrastructure Ltd (“HDIL”). and does not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any other documentation or information (or any part thereof) delive
Slide 40: Thank You
QQ HDIL Creating Value Microstructures | Megastructures | Infrastructure Housing Development and Infrastructure Ltd. Thank You 39
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