Slide 1: Results Presentation Q2, FY 2017
Results Presentation Q2,FY 2017
Slide 2: Company overview
Company overview Focus on 3 cities Trusted Brand Fully Paid-for land Focus on Execution Mumbai, Pune and Strong existing clientele Bangaluru 18 Years Pioneer in Mumbai real estate market Of track record of First retail mall in the city real estate development First textile mill re-development projec
Slide 3: Robust pipeline and renewed geographic focus
Robust pipeline and renewed geographic focus Presence in Key urban Tier 1 & 2 Cities in Western & Southern India Completed Ongoing Pipeline No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) Mumbai 12 6.4 4 1.5 2 1.2 Pune 1 0.5 2 12.3 Bengaluru 1 0.6 1 0.6 A
Slide 4: Project Status of Ongoing Projects
Project Status of Ongoing Projects Planned Date of completion BishopsGate, 80% Mumbai 85 Q4 FY 17 Celestia Spaces (PLL Share), 21% 490 Q4 FY19 Mumbai Carmichael 74% Residences, Mumbai 146 Q4 FY 18 Salsette 27 3% Byculla, Mumbai Q2 FY 21 786 Peninsula 57% Q2 FY 18 Heights, 622 Bengaluru Ashok Astoria
Slide 5: Business Updates
Business Updates [=]
Slide 6: Business Updates in Q2 FY 17
Business Updates in Q2 FY 17 New Sales Bookings / Collections Sold 135,140 sq ft during Q2 FY17 as against 49,076 sq ft during Q2 FY 16 Recorded new sales value of Rs. 235 Cr during Q2 FY17, as against Rs. 165 Cr during Q2 FY 16 Collections were at Rs. 85 Cr for Q2 FY 17, as against Rs. 122 Cr durin
Slide 7: Financials Overview
Financials Overview [=]
Slide 8: Key financial snapshot (standalone)
Key financial snapshot (standalone) For the quarter ended For the quarter Particulars (Rs. Cr) FY 16 30.09.16 ended 30.09.15 Income Statement Income from Operations 13.2 11.2 110 Profit before interest & Tax 35.6 28.8 124 PBT (1.7) (0.5) (5.0) PAT (9.5) (0.1) (4.3) Note: The Financial Results for th
Slide 9: Profit and Loss (standalone)
Profit and Loss (standalone) P&L Snapshot (Rs. Cr) Q2FY17 Q2FY16 H1FY17 H1FY16 Income Total Income from operations (Gross) 13.2 11.2 37.4 58.3 Other Income 51.1 50.6 96.6 98.2 Total Revenue 64.3 61.8 134.0 156.5 Expenses a) Cost of Realty Sales 51.0 69.2 102.6 106.4 b) Changes in inventories of FG,
Slide 10: Balance Sheet (standalone)
Balance Sheet (standalone) Particulars As at 30.09.16 Equity and Liabilities Shareholders’ Funds Equity Share Capital 56 Other Equity 1,619 Total (Shareholders Funds) 1,675 Non-Current Liabilities Borrowings 1,944 Long-term Provisions 4 Total (Non-Current Liabilities) 1,949 Current Liabilities Trade
Slide 11: Balance Sheet (standalone)
Balance Sheet (standalone) Particulars As at 30.09.16 Assets Non-current Assets Property, plant and machinery 151 Investment property 292 Capital WIP 1 Other assets 4 Non-Current Investments 638 Long term loans and advances 919 Deferred tax Assets( Net) & other non current 132 Contd… 11
Slide 12: Balance Sheet (standalone)
Balance Sheet (standalone) Particulars As at 30.09.16 Current Assets Inventories 1,394 Financial Assets (i) Investments 18 (ii) Trade receivables 31 (iii) Cash and cash equivalents 62 (iv) Bank balances other than (iii) above 43 (v) Loans 100 (vi) Other Financial Assets 118 Other current assets 120
Slide 13: Debt profile
Debt profile Particulars (Rs. Cr) 30.09.16 31.03.16 Standalone Total Debt 1,944 1,762 Less: Cash & Cash equivalents 123 66 Net Debt 1,822 1,696 Net Worth 1,675 1,690 Debt Equity – Gross Borrowing (x) 1.16 1.04 Debt Equity – Net Borrowing (x) 1.09 1.00 ICRA and Brickworks A rating for long term loan
Slide 14: Projects Overview
Projects Overview [=]
Slide 15: Details of Ongoing projects – Q2 FY 2017
Details of Ongoing projects –Q2 FY 2017 Up to last Quarter Q2 Total PLL No No Avg. Avg. No Avg. Collection Shar Area Sales of Area Sales Area Sales Projects of Reali- Reali- of Reali- (Rs. Crs) e Sold Value Units Sold Value Sold Value Units zation zation Units zation in Q2 (%) (sft ) (Rs.Cr) sold (s
Slide 16: Summary of Ongoing projects – till Sep '16 (cumulative)
Summary of Ongoing projects – till Sep ‘16 (cumulative) Saleable Area Sold Average PLL Share Sales Value Collections Projects Area (sq ft Location (sq ft in Realization (%) (Rs. Cr) (Rs. Cr) in 000’s) 000’s) (Rs. / sq ft) Residential-Ongoing Bishopsgate 85 Mumbai 50% 70 527 75,591 262 Celestia Space
Slide 17: Unrecognized revenue from ongoing projects
Unrecognized revenue from ongoing projects PLL Share Sale Area Work Value of % of Sales Balance Project Sold Completion Area Sold Complete Revenue Revenue (sq ft ‘000s) % Revenue (Rs. Cr) Recognized to be Recognized Bishopsgate 70 527 82% 80% 50% 264 202 62 Celestia Spaces-PLL Share 152 349 31% 21%
Slide 18: Project pipeline
Project pipeline Saleable Area Development Land cost* Projects Location PLL Share (%) JV Partner (sq ft In ‘000s) Model (Rs. Cr) PMC of 8% + Celestia Spaces, Sewree Phase 2 1,200 Mumbai JV - Bhattads JV of 18% Peninsula Realty NapeanSea Road 49 Mumbai JV 78% 124 Fund Mahadeopura 631 Bengaluru Owned
Slide 19: Bishopsgate
Bishopsgate PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 50% KBK Group 85 Area Avg. Nos. of Sales Sold Reali- Collection units Value (‘000 zation (Rs. Cr) (Rs.Cr) Construction % Sales sq ft ) (Rs./sqft) Milestone Completion Q1, FY 17 - - - - 3 Q2, FY 17 - - - - 20 Till Q1, FY 17
Slide 20: Bishopsgate - Current status
Bishopsgate-Current status June 2016 CURRENT STATUS Duplex 7 floor - Completed Duplex 8 floor - Completed 20
Slide 21: Celestia Spaces (PLL Share)
Celestia Spaces (PLL Share) Saleable PLL Area Location Share JV Partner (000’s sq ft.) Mumbai 100% - 490 Area Avg. Nos. of Sales Sold Reali- Collection units Value (‘000 zation (Rs. Cr) Construction % Sales (Rs.Cr) sq ft ) (Rs./sqft) Milestone Completion Q1, FY 17 8 15 35 23,073 11 Q2, FY 17 1 1 3 2
Slide 22: Celestia Spaces - Current Status
Celestia Spaces-Current Status June 2016 CURRENT STATUS 3rd Floor in progress 22
Slide 23: Carmichael Residences
Carmichael Residences PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 40% KBK Group 146 Area Avg. Nos. of Sales Sold Reali- Collection units Value (‘000 zation (Rs. Cr) (Rs.Cr) sq ft ) (Rs./sqft) Q1, FY 17 - - - - 66 Construction % Sales Q2, FY 17 2 10 82 78,634 10 Milestone Comple
Slide 24: Carmichael Residences - Current Status
Carmichael Residences-Current Status June 2016 CURRENT STATUS 2nd Residential Floor in Progress 7th Residential Floor in Progress 24
Slide 25: Salsette 27
Salsette 27 PLL Saleable Area Location Share JV Partner (000’s sq ft.) Byculla, 57% PREI Fund 786 Mumbai Nos. Sales Avg. of Area Sold Collection Value Realization units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 17 7 11 33 28,323 15 Construction % Sales Q2, FY 17 22 35 94 26,790 9 Milestone Co
Slide 26: Salsette 27 - Current Status
Salsette 27 - Current Status Jun 2016 CURRENT STATUS Nearby South-East Corner South Side Internal Road work done Nearby South-East Corner South Side On East Side On North Side On East Side On North Side Demolition Completed Capping beam work 26
Slide 27: Salsette 27 - Current Status
Salsette 27 - Current Status Sales Office & Sample Flat Nearby South-East Corner South Side Internal Road work done Nearby South-East Corner South Side On East Side On North Side On East Side On North Side Demolition Completed 27
Slide 28: Salsette 27 - Current Status
Salsette 27 - Current Status Sample Flat Nearby South-East Corner Living/Dining South roomSide Kids Bedroom Master Bedroom Internal Road work done Nearby South-East Corner South Side Master Bedroom Guest Bedroom Kitchen On East Side On North Side On East Side On North Side Demolition Completed 28
Slide 29: Ashok Meadows (Phase 1)
Ashok Meadows (Phase 1) * PLL Saleable Area Location Share JV Partner (000’s sq ft.) Hinjewadi, Peninsula Realty 55% 507 Pune Fund & Clover Nos. Sales Avg. Area Sold Collection of units Value Realization (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 17 5 7 4 5,234 5 Q2, FY 17 38 58 30 5,158 13 Ti
Slide 30: Peninsula Heights, JP Nagar
Peninsula Heights, JP Nagar PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Bengaluru 80% 622 Realty Fund Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 17 5 24 23 9,373 1
Slide 31: Peninsula Heights, JP Nagar - Current Status
Peninsula Heights, JP Nagar-Current Status June 2016 CURRENT STATUS Tower A – 16th Residential floor in progress Tower A – 19th floor level slab under progress Tower B – 2nd floor level slab under progress Tower B – 1st floor level slab under progress 31
Slide 32: Ashok Astoria
Ashok Astoria PLL Saleable Area Location Share JV Partner (000’s sq ft.) Nashik 100% - 589 Nos. Sales Avg. Area Sold Collection of units Value Realization Construction % Sales (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Milestone Completion Q1, FY 17 9 11 5 4,102 3 Q2, FY 17 3 3 2 4,821 2 Till Q1, FY
Slide 33: Ashok Astoria - Current Status
Ashok Astoria-Current Status CURRENT STATUS Row House and Town House Buildings Row House and Town House Buildings Club House CURRENT STATUS Amenity Building Building 2B Amphi theater & Lily Pond 33
Slide 34: Ashok Nirvaan
Ashok Nirvaan PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Lonavala 25% 352 Realty Fund Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 17 - - (1) - 3 Till Q1, FY 17 53%
Slide 35: Ashok Nirvaan - Current Status
Ashok Nirvaan-Current Status CURRENT STATUS Villa No-29 Villa No-46 Villa No-45 Villa No-1 Villa No-2 Villa No-36 35
Slide 36: Ashok Beleza
Ashok Beleza PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Goa 58% 247 Realty Fund Nos. Sales Avg. Construction % Sales Area Sold Collection of units Value Realization Milestone Completion (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 17 1 3 2 5,600 2 Till Q1, FY 17 86% 25%
Slide 37: Ashok Beleza - Current Status
Ashok Beleza-Current Status CURRENT STATUS Sales office and Show Villa 3BHK & C1,2,3 Town house - Plot B Apartment – C1 & C2 Club House Apartments – C3 37
Slide 38: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 39: Thank You
[a=] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP