Kolte-patil Developers Limited · NSE:KOLTEPATIL
Kolte-patil Developers — Q3 FY25 Earnings Presentation
21 slides from Kolte-patil Developers's earnings presentation, Feb 11, 2025
Slide 1: Exchange filing cover letter
To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationship Department, ‘Exchange Plaza’, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001
Slide 2: Results Presentation Q3 & 9M FY25
Kolte-Patil Developers Limited Results Presentation Q3 & 9M FY25
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward- looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 4: Table of Contents
Table of Contents 01 Kolte-Patil Developers Ltd. (KPDL) - At a Glance 02 KPDL – Rising to the Upper Storey 03 Key Highlights 04 Performance Highlights 05 P&L Snapshot 06 Consolidated Debt Profile & Abridged Cash Flows 07 Priority Launches 08 Project Portfolio 09 Outlook 10 About KPDL Results Present
Slide 5: Kolte-Patil Developers At a Glance
Kolte-Patil Developers At a Glance Leading Real estate player in Pune with expanding presence across Mumbai & Bengaluru. Strong track record of delivering varied projects including gated communities, residential complexes, integrated townships, mixed-use projects, IT parks, commercial complexes Dive
Slide 6: Kolte-Patil Developers Rising to the upper storey
Kolte-Patil Developers Rising to the upper storey • Strategic, operational and financial prudence Building a pipeline • Stronger sales pipeline for next round of growth ~Rs. 23,850 cr Project portfolio for multi-year • Collections trending higher (under execution, approval and land bank; based on cu
Slide 7: Key Highlights – 9M FY25
Key Highlights – 9M FY25 Pre-Sales • 9M FY25 sales value at Rs. 2,161 cr, up 4% YoY Collections • 9M FY25 collections reached new highs of Rs. 1,729 cr; up 17% YoY Business Development • Signed ~22 acres joint development project in Pune with the expected GDV of ~Rs. 4,000 cr (February 2025) Financi
Slide 8: Operational Highlights Q3 & 9M FY25
Operational Highlights Q3 & 9M FY25 New area sales 9M FY25 9M FY24 YoY Q3 FY25 Q2 FY25 Q3 FY24 QoQ YoY Value (Rs. cr) 2,161 2,079 4% 680 770 746 -12% -9% Volume (msf) 2.80 2.89 -3% 0.81 1.03 0.98 -21% -18% Realization (Rs./sq. ft) 7,716 7,183 7% 8,394 7,472 7,579 12% 11% Collections* (Rs. cr) 1,729
Slide 9: Sales & Collections – Ongoing Projects – Q3 FY25
Sales & Collections – Ongoing Projects – Q3 FY25 Area Sold Sales Value APR Collections Project Location (msf) (Rs. cr) (Rs./sft) (Rs. cr) Life Republic Hinjewadi 0.42 288 6,910 256 Universe(R10) ,LR Hinjewadi 0.01 13 11,530 45 24K Altura Baner 0.07 72 10,579 50 24k Manor Pimple Nilakh 0.07 82 11,549
Slide 10: Sales & Collections – Ongoing Projects – 9M FY25
Sales & Collections – Ongoing Projects – 9M FY25 Area Sold Sales Value APR Collections Project Location (msf) (Rs. cr) (Rs./sft) (Rs. cr) Life Republic Hinjewadi 1.44 968 6,741 776 Universe(R10) ,LR Hinjewadi 0.02 21 9,078 203 24K Altura Baner 0.29 289 10,051 166 24k Manor Pimple Nilakh 0.22 244 11,
Slide 11: New Sales Analysis – Q3 FY25
New Sales Analysis – Q3 FY25 Value (Rs. cr) 716 704 701 632 746 743 711 770 680 73% 62% 55% 55% 50% 48% 47% 45% 45% 42% 39% 33% 32% 30% 28% 24% 23% 21% 21% 20% 19% 14% 11% 11% 10% 9% 5% 5% 4% 3% 2% 2% 2% 2% 2% 2% 1% 1% 1% 1% 0% 0% 0% 0% 0% Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 F
Slide 12: Performance Highlights – Annual
Performance Highlights – Annual Sales Value (Rs. cr) Sales Volume (msf) APR (Rs./sft) 2,822 3.92 7,193 2,232 6,817 3.27 6,407 5,785 1,739 2.71 5,309 2.51 1,331 2.08 1,201 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Collections (Rs. cr) Delivery (msf) Net Debt (Rs. cr)
Slide 13: Performance Highlights – Quarterly
Performance Highlights – Quarterly Sales Value (Rs. cr) Sales Volume (msf) APR (Rs./sft) Collections (Rs. cr) 8,394 612 746 743 770 0.98 1.03 1.03 7,579 592 711 0.96 7,226 7,407 7,472 550 567 680 0.81 493 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 Q3 FY25 Q3 FY24 Q4 FY24
Slide 14: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot P&L Snapshot (Rs. cr) Q3 FY25 Q2 FY25 Q3 FY24 QoQ YoY 9M FY25 9M FY24 YoY Revenue from Operations 349.7 308.3 75.8 13.4% 361.4% 998.7 845.1 18.2% EBITDA 25.5 16.2 -36.7 58.0% 169.7% 69.5 58.0 19.8% EBITDA Margin (%) 7.3% 5.2% -48.4% - - 7.0% 6.9% - Profit before
Slide 15: Consolidated Debt Profile
Consolidated Debt Profile Consolidated Debt Profile 31st December 30th September 31st March The Company has been assigned a (Rs. cr) 2024 2024 2024 ‘CRISIL AA-/Stable’ rating; enhances KPDL’s rating profile and highlights CCM CCM CCM its focus on corporate governance Net Worth 745 720 734 Gross Debt
Slide 16: Abridged Cash Flows
Abridged Cash Flows Abridged Cash flows Q3 FY25 9M FY25 (Rs. cr) (Un-audited) (Un-audited) Opening Balance* - A 773 606 Operating Activities: Collections 559 1,710 Construction Cost -251 -744 Other Expenses -64 -194 Direct & Indirect Taxes -47 -131 Operating Cashflow – B 197 641 Financing Activities
Slide 17: Priority Launches
Priority Launches FY25 Launches Total Topline FY23 Launches FY24 Launches Project Location Use Saleable Potential Launched till date from Planned Launches the planned launches (msf) (Rs. cr) (msf) (Rs. cr) (msf) (Rs. cr) (msf) (Rs. cr) (msf) (Rs. cr) Little earth Kiwale Residential 2.50 1,400 0.77 4
Slide 18: KPDL Project Portfolio – 31.12.24
KPDL Project Portfolio – 31.12.24 Gross Details (including partner’s share) Gross Details (including partner’s share) Projects KPDL Ongoing & Under KPDL Ongoing & Under Land Bank Total Projects (Mumbai) Land Bank Total (Pune Excl. LR) Share Unsold Approval Share Unsold Approval 24K Altura (Baner) 10
Slide 19: Business Outlook
Diversifying Sector consolidation geographical presence Business • Formalization of the Indian real estate sector, driven by conducive legislations like RERA • 14 society redevelopment projects in Mumbai - 2 completed, Outlook 5 ongoing, 7 future projects now in place and further accelerated by Covi
Slide 20: Awards and Recognitions
Awards and Recognitions – KPDL received 60+ awards in the last five years Most Iconic Luxury Brand in Real Legacy Brand in Real Estate – Trusted Brand of the Year, Times Top Developer of the year, Times Estate,24K, ET Business Awards, Pune, Times Power Brands, 2023 Realty,2021-22 Real Estate Icons,2
Slide 21: About Kolte-Patil Developers Ltd.
Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a trusted name with a reputation for high quality standards, de
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