Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Prozone Intu Properties — Q2 FY2022 Earnings Presentation
28 slides from Prozone Realty's earnings presentation, Nov 12, 2021
Slide 1: Exchange filing cover letter: Investor presentation Q2 FY 2021-22
prozone intu Dated: 12 th November 2021 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Listing Department, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Scrip: PROZONINTU Scrip: 534675 Subject: Investor presentation- Q2 FY
Slide 2: Upward And Forward: Q2 FY22 Results Update Presentation
Upward Q2 FY22 RESULTS UPDATE PRESENTATION And Forward Nov 2021 PROZONE INTU PROPERTIES LIMITED 0
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 4: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 2
Slide 5: Executive Summary
EXECUTIVE SUMMARY RESIDENTIAL Completion certificate is received for Phase 1 of plotted development in Indore and revenue recognition has commenced from this quarter. MALL One new stores opened in Aurangabad Mall and One new Kiosk opened in Coimbatore Mall. Operations were impacted by lockdown
Slide 6: Q2 & H1 FY22 Results Highlights
Q2 & H1 FY22 RESULTS HIGHLIGHTS 01 Q2FY22 Revenue at Rs 349 mn & Rs 486.8 mn for H1FY22 o Q2FY22 Income from Real estate stood at 119.1 mn which is revenue from Indore project o Q2FY22 Income from Mall is reported as 183.9 mn which is up by 159% over Q1FY22 02 Q2FY22 EBITDA at Rs 168.3 mn & Rs 234.6
Slide 7: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q2 FY22# Q1 FY22# Q2 FY21 H1 FY22 H1 FY21 FY21# Revenue from Real Estate Projects 119.1 0.0 0.0 119.1 0.0 0.0 Lease Rental & Related Income 183.9 71.1 32.2 254.9 33.8 448.6 Total Income from operations 302.9 71.1 32.2 374.0 33.8 448.6 Other In
Slide 8: Asset Snapshot
prozone intu@ ASSET SNAPSHOT
Slide 9: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 7
Slide 10: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q2 FY22 Total Operational Area (lakh sq.ft.) 5.08 Total Leased Area (lakh sq.ft.) 5.08 Current Leasing Status 75% Number of Stores Leased 97 New Stores Opened in quarter 1 Number of Stores Under fit out 0 Consumption Trend (INR lacs) Occupancy
Slide 11: Brand Partners at Aurangabad Mall
BRAND PARTNERS AT AURANGABAD MALL 9
Slide 12: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL Independence Day Décor at Prozone Mall Independence Day at Prozone Mall World Physiotherapy Day event at Mall Ganesh Chaturthi Event & Eye Donation Camp at Mall 10
Slide 13: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q2 FY22 Total Operational Area (lakh sq.ft.) 4.42 Total Leased Area (lakh sq.ft.) 4.42 Current Leasing Status 90% Number of Stores Leased 99 New Stores Opened in quarter 0 Number of Stores Under fit out 0 Consumption Trend (INR lacs) Occu
Slide 14: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 12
Slide 15: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Onam Décor at Mall Installation of Sustainable Mural by FICCI at Mall Ganesh Chaturthi Event at Mall Ganesh Chaturthi Event at Mall 13
Slide 16: Project Update - Coimbatore - Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ______________________________ Coimbatore Residential (CGI) • ~1.9 m sqft of residential ______________________________ • 7 towers of 18 floors comprising 1,152 apartments ______________________________ • 3 towers of 18 floors comprising 540 apartments plann
Slide 17: Coimbatore Residential
COIMBATORE RESIDENTIAL Actual Actual Actual 15
Slide 18: Project Update – Nagpur
PROJECT UPDATE – NAGPUR _____________________________________ • 0.5m sqft of retail space under Nagpur mall design (CGI) advanced stage of approvals • 0.39m additional development potential _____________________________________ • 4.5m catchment population _____________________________________ • 15.7
Slide 19: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual 17
Slide 20: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population Actual Actual • Prominent business and industrial centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be developed in p
Slide 21: Disclaimer
DISCLAIMER Generic Disclaimer The following is a general overview of Prozone INTU Limited (the “Company”) and is qualified in its entirety by reference to the applicable offering memorandum, memorandum and articles of association or other constitutional documents and subscription agreement (together
Slide 22: Thank You
THANK YOU Email: investorservice@prozoneintu.com Website: www.prozoneintu.com 20
Slide 23: Annexure
prozone intu
Slide 24: About Us
ABOUT US • Prozone Intu Properties Ltd. (Prozone Intu) is jointly developed by Promoters and Intu Properties Plc set up to create, develop and manage world-class regional shopping centres and associated mixed-use developments Pan-India. BUSINESS • Prozone Intu strategy is to participate and dominate
Slide 25: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Business Strategy • Develop Large scale Land Parcels for Mixed Use development. • 75% of the Land to be developed as Residential & Commercial – Build & Sell model • 25% of the Land to be developed as Retail – Build & Lease Model • The Company foll
Slide 26: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Regional Malls Yield under own Lease Management Model Debt Free Large scale Assets land parcels FUTURE for mixed use Profits & GROWTH developments Shareholder Residential & Cash Value Commercial Sales Developments Model • Locations selected in hig
Slide 27: Our Board of Directors
OUR BOARD OF DIRECTORS Nikhil Chaturvedi Punit Goenka Deepa Harris Founder and Managing Director, Mr. Goenka, Director of Essel Group, is (Independent Director) Nikhil is a visionary and hands-on CEO of Zee Entertainment Enterprises Ms. Deepa Misra Harris is Founder & leader, who inspires the Limite
Slide 28: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Sep 2021 27.81% 33.25% 6.56% 32.38% Promoters Intu Properties FII Others Key Investors Holding (%) Rakesh Jhunjhunwala 2.1% ACACIA Partners 1.5% Radhakishan Damani 0.93% Source: BSE 26
Prozone Intu Properties — Q2 FY2022 Earnings Presentation on 6ix