Slide 1: Puravankara Limited
Purva Eternity, Kochi Puravankara Limited December 2017
Slide 2: Contents
Contents ▪ Company Overview 3-4 ▪ Development Bank 5-7 ▪ Area information 8 - 10 ▪ Sales 11 - 17 ▪ Cash Flows 18 - 20 ▪ Income Statement 21 – 23 ▪ Debt 24 - 25 ▪ Shareholding Pattern and Stock Performance 26 - 28 ▪ Select Project Pictures 29 - 32 ▪ Appendix 1 : Project Status 33 - 36 ▪ Appendix 2 :
Slide 3: Company Overview
PURAVANKARA Company Overview
Slide 4: Overview
Overview • Deep domain knowledge of 43 years of the Promoter and his team, who have established Puravankara as a developer of repute; • Amongst South India’s leading real estate developers with an established presence in the commercial and residential segment, comprising of luxury and premium afford
Slide 5: Development Bank
PURAVANKARA Development Bank
Slide 6: Diversified across markets, brands and stages of development
Diversified across markets, brands and stages of development Land portfolio in million sq. ft. Completed Ongoing Land Assets Total (A) (B) (A)+(B) South India Bengaluru 25.95 8.35 46.82 55.17 Chennai 6.26 1.64 11.71 13.35 Hyderabad 0.59 2.35 - 2.35 Kochi 1.89 3.44 4.21 7.65 Others 0.81 2.05 2.84 4.8
Slide 7: Ongoing and New Launches
Ongoing and New Launches Non-Bengaluru projects now account over 56% of Provident is the new growth engine, with a growing the share of ongoing and proposed launches* share of ongoing projects and proposed launches* 13% New Launches New Launches 11% Ongoing 8% Ongoing 40% 29% 34% 43% 22% 18% 66% 71%
Slide 8: Area
PURAVANKARA Area
Slide 9: Area Under Development: Sales Driven, Execution Focused
Area Under Development: Sales Driven, Execution Focused in million sq. ft. (numbers in million sq. ft.) FY16 FY17 9M FY18 Opening Area 24.01 23.64 24.92 Add: Launches/Revisions during the period 1 2.46 4.77 0.04 Less: Completed during the period 2 (2.83) (3.49) (5.60) Closing Area 23.64 24.92 19.36
Slide 10: Immediate Launches: Provident Centric
Immediate Launches : Provident Centric Sr NO Location/ Project City Development Model Development Type Developable Area PPL Share in JD Saleable Expected launch date Name ares(msft) Puravankara 1 Lalbagh Bengaluru Joint Development Residential 0.21 55% 0.12 Q1FY19 2 Thanisandra Bengaluru Joint Devel
Slide 11: Sales
PURAVANKARA Sales 11
Slide 12: Sales – Q3 FY18, December 2017
Sales – Q3 FY18, 31 December 2017 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Dec-17 Dec-16 % Dec-17 Dec-16 % Dec-17 Dec-16 % Dec-17Dec-16 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psftRs.psft Puravankara 0.36 0.29 21% 228 249 -8% 231 175 32% 6,500 5,995 8% Co
Slide 13: Sales – 9M end FY18
Sales – 9M end FY18 Based on Bookings 9M Ended Area Sold Units Sold Sale Value Sale Realization Dec-17 Dec-16 % Dec-17 Dec-16 % Dec-17 Dec-16 % Dec-17 Dec-16 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 1.28 1.12 14% 851 906 -6% 779 665 17% 6,096 5,928 3% Completed & Nearing
Slide 14: Sold Area (msft): Q3 FY18 versus Q3 FY17
Sold Area (msft) : Q3 FY18 versus Q3 FY17 Q3 FY17 Q3 FY18 0.17 , 47% Puravankara Puravankara Provident 0.03 , 14% 0.11 , 34% Provident 0.17 , 59% 0.12 , 41% 0.19 , 86% 0.21 , 66% 0.19 , 53% Completed & Nearing Completion Ongoing Projects Completed & Nearing Completion Ongoing Projects Area Sold 0.52
Slide 15: Average Ticket Size (in INR lakhs)
Consistently growing sales, Across the board Average Ticket Size and Area sold - By Brand 110 101 Average Ticket Size (in INR lakhs) 100 0.75 90 0.65 80 73 Area Sold (msft.) 70 0.55 60 49 0.45 43 50 0.29 0.36 0.35 40 30 0.32 0.25 0.22 20 0.15 10 0 0.05 Q3FY17 Q3FY18 Puravankara (in INR lakhs) Provid
Slide 16: Non-Bengaluru locations contribute to 50% of overall sales
Non-Bengaluru locations contribute to 50% of overall sales (% of Value sold) Q3FY17 Q3FY18 West India , 11% West India , 16% Bangalore, 35% Hyderabad, 13% Bangalore, 50% Sales Value Others, 1% Sales Value Hyderabad, 33% in Q3FY17 Kochi, 18% in Q3FY18 Chennai, 5% Others, 1% Kochi, 10% Chennai, 7% Ban
Slide 17: Sales Breakup – quarter ended December 31, 2017
Sales Breakup – for the quarter ended December 31, 2017 Based on Average Ticket Size (% of units sold) % of No. of Units sold - based on Average Ticket Size % of No. of Units sold - based on Average Ticket Size 12% 4% INR 25 lakhs - 40 lakhs INR 40 lakhs - 50 lakhs 9% INR 50 lakhs - 75 lakhs 36% INR
Slide 18: Cash Flows
PURAVANKARA Cash Flows 18
Slide 19: Cash Flow – Summary
Cash Flow – Summary Rs. crores Puravankara Provident Total Balance collections from sold units 1 (A) 972 413 1,385 Residential 938 413 1,351 Commercial 35 - 35 Inventory open for sale 2 (B) 3,418 767 4,185 Residential 3,262 767 4,029 Commercial 156 - 156 Balance cost to go 3 (C) 1,021 241 1,261 Resi
Slide 20: Cash Flow Statement
Cash Flow Statement Rs. crores Cash Flow Statement FY 2017 Q1 2018 Q2 2018 Q3 2018 A Operating Inflows 1,607.3 280.70 537.81 311.30 B Operating Outflows (1,155.2) (177.64) (409.70) (291.53) C=A-B Operating Surplus 452.1 103.07 128.11 19.77 Less Interest Cost( Net ) (246.0) (57.06) (60.88) (63.10) La
Slide 21: Income Statement
PURAVANKARA Income Statement 21
Slide 22: Consolidated Statement of Profit & Loss, Quarter Ended 31 December 2017
Consolidated Statement of Profit & Loss for the quarter ended 31 December 2017 Rs. crores Q3FY18 Q2FY18 Q3FY17 Particulars Unaudited Unaudited Unaudited Income from operations Revenue from projects 440.09 348.36 271.30 Other Income 14.81 23.17 15.02 Total Income from operations 454.90 371.53 286.32
Slide 23: Consolidated Statement of Profit & Loss, 9M Ended December 2017
Consolidated Statement of Profit & Loss for the 9M ended 31 December 2017 Rs. crores Particulars 9MFY18 Unaudited 9MFY17 Unaudited Income from operations Revenue from projects 1,126.94 960.18 Other Income 54.75 39.86 Total Income from operations 1,181.69 1,000.04 Expenses Material cost 38.28 69.76 C
Slide 24: Debt
PURAVANKARA Debt 24
Slide 25: Debt Structure – As of December 2017
Debt Structure – As of 31 December 2017 in Rs. Cr Q3 FY18 Q3 FY17 Opening Balance 2,116 2,359 Additions during the period 225 202 Repayments during the period 64 143 Debt Outsatnding 2,277 2,417 Less: Cash and Cash Equivalents 101 190 Net debt 2,176 2,227 Cost of Debt 10.67% 11.60% Net Worth 2368 23
Slide 26: Shareholding Pattern and Stock Performance
Shareholding Pattern and Stock Performance 26
Slide 27: Shareholding Pattern – as on December 2017
Shareholding Pattern – as on 31 December 2017 Others DIIs 8% 1% FPIs 16% Promoters 75% Key Shareholders Notes 1. Promoter Shares are unencumbered FPIs Insurance and Bodies Corporate GHI Life Insurance Corporation College Retirement Equities Fund General Insurance Corporation Atyant Capital 27
Slide 28: Stock Performance
Stock Performance Relative to BSE Realty Index and Sensex during December 31, 2016 to December 31, 2017 450 400 350 300 250 200 150 100 50 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Puravankara Sensex BSE Realty As on 31 December 2017 31-Dec-17 30-Sep-
Slide 29: Select Project Pictures
PURAVANKARA Select Project Pictures 29
Slide 30: Actual Project Pictures
PURAVANKARA Actual Project Pictures Mads Higchla PURVA SCeceeerer.. ns LLL LILA LTA YS. | he ee ee ong? PURVAN. 5 SKYWOOD 2 30
Slide 31: Actual Project Pictures
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Slide 32: Actual Project Pictures
PURAVANKARA Actual Project Pictures PROVIDENT Sunworth theTree by PROVIDENT i FARRER V ERR AA
Slide 33: Appendix 1: Project Status
Appendix 1 : Project Status 33
Slide 34: Current Project Status – As of December 2017
Current Project Status – As of 31 December 2017 JD / JV Share Puravankara's Share - S.No. Project Location Developable Area Total Flats for Developer Developable Area Area Launched Sold Cumulative Inventory Mn Msft Units % Msft Units Msft Nos Msft % Nos % sft COMPLETED Puravankara 1 Highlands Mallas
Slide 35: Current Project Status – As of December 2017 (contd.)
Current Project Status – As of 31 December 2017 – (contd.) Developable JD / JV Share for Puravankara's Share - S.No. Project Location Total Flats Area Developer Developable Area Area Launched Sold Cumulative Inventory Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % NEARING COMPLETION Puravankar
Slide 36: Current Project Status – As of December 2017 (contd.)
Current Project Status – As of 31 December 2017 – (contd.) JD / JV Share for Puravankara's Share - S.No. Project Location Developable Area Total Flats Developer Developable Area Area Launched Sold Cumulative Inventory Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % PHASES TO BE LAUNCHED Puravan
Slide 37: Appendix 2: Corporate Information
Appendix 2 : Corporate Information 37
Slide 38: Premium Affordable housing through Brand Provident
Premium Affordable housing through Brand Provident • Established Provident Housing Limited in 2008 to create mid and mass housing projects comprising quality affordable apartments in response to burgeoning demand for mid-income housing • Affordability is a combination of – Efficient design improving
Slide 39: Dedicated and experienced management team
Dedicated and experienced management team – committed to best practices of corporate governance Executive team Non-Executive team R.V.S. Rao Ravi Puravankara Independent Director Chairman • Bachelor’s degree in Commerce and Law • Over 43 years of experience in real estate industry • Over 38 years of
Slide 40: Media & Capital Market Recognition
Media & Capital Market Recognition Capital markets across, recognized Puravankara’s performance, making it The Realty Company to ‘watch out for’ in 2018 40
Slide 41: Awards and achievements – Since 2014
Awards and achievements –Since 2014 CIA World 8th Realty Plus Best Developer Global Real Asian Csr Builders & Infra Conclave & of the Year Estate Brand Leadership Awards 2017 – Excellence South 9th Awards for Award 2015 - Best Residential Awards 2017 - Franchise Estate Marketer of the Best Financial
Slide 42: Disclaimer
Disclaimer Data presented and stated in or as part of this document is Indicative of financial performance only. Area statements, if any, indicate super built-up area and are not to be construed as being compliant with RERA or any other enactment requiring a different method or measurement in its pr
Slide 43: THANK YOU
THANK YOU Puravankara Limited 130/1, Ulsoor Road, Bengaluru - 560042 Tel: 080-25599000/43439999 Corporate Identification Number : L45200KA1986PLC051571 Website:- www.puravankara.com Investor Relations Contact: Mr. Kuldeep Chawla, Chief Financial Officer Email: kuldip@puravankara.com; Tel: +91-80-434