Embassy Developments Limited · NSE:EMBDL
Embassy Developments — Indiabulls Real Estate — Q2 FY2019-20 Earnings Presentation
32 slides from Embassy Developments's earnings presentation, Nov 8, 2019
Slide 1: Indiabulls Real Estate Limited Investor Presentation
Indiabulls Real Estate Limited Investor Presentation 8th November, 2019
Slide 2: Key Financial Highlights: Q2 FY19-20
Financial Performance Key Financial Highlights: Q2 FY19-20 IBREL Consolidated Q2 FY19-20 Q2 FY18-19 Revenue from Operations (₹ Cr) 1,085.7 1,040.4 Other Income (₹ Cr) 16.2 19.3 Total Revenues (₹ Cr) 1,101.9 1,059.7 Expenses (₹ Cr) 733.0 904.2 PBT (₹ Cr) 365.9 136.9 Income Tax (₹ Cr) 64.8 61.1 PAT af
Slide 3: Business Update
Business Update • Company has made substantial progress to achieve Zero Net Debt. Accordingly, the Company has achieved the following milestones: o Completed strategic divestment of its 50% stake in the JV Portfolio to the entities controlled by Blackstone Group Inc (Blackstone) for an aggregate equ
Slide 4: Portfolio Summary as on date
Portfolio Summary as on date Indiabulls Real Estate Limited Development Portfolio Office Rental Portfolio Land Bank Area Sales Area Annuity Area Development (Mn. Value Rental (Mn. Revenue Land Bank (Acres) sq. ft.) (₹ Cr) sq. ft.) (₹ Cr) Mumbai, NCR & Completed 1.4 659 Under Construction# 2.4 460 1,
Slide 5: Growth Plan
Growth Plan • Company will focus on its core markets - Mumbai Metropolitan Region & National Capital Region for sustainable growth, and strengthening of its on-going businesses • Regular sales from the under construction office properties to Investors, and deploy funds to acquire land parcels/unfini
Slide 6: Appendix 1 – Project Updates
Appendix 1 – Project Updates 6
Slide 7: Development Portfolio
Indiabulls REAL ESTATE Development Portfolio
Slide 8: Blu Estate & Club, Worli
Blu Estate & Club, Worli Location Worli, Mumbai Area (Mn. Sq. Ft) 2.10 Total Sales Value (₹ Cr) 8,715 Pending Collection from Area Sold (₹ Cr) 339 Net Surplus (₹ Cr) 3,184 Actual image Actual image 8
Slide 9: Indiabulls Greens, Panvel
Indiabulls Greens, Panvel Location Panvel, Navi Mumbai Area (Mn. Sq. Ft) 8.95 Total Sales Value (₹ Cr) 4,413 Pending Collection from Area Sold (₹ Cr) 1,261 Net Surplus (₹ Cr) 863 Actual image Actual image 9
Slide 10: Indiabulls Golf City, Savroli
Indiabulls Golf City, Savroli Location Savroli, Navi Mumbai Area (Mn. Sq. Ft) 5.40 Total Sales Value (₹ Cr) 2,513 Pending Collection from Area Sold (₹ Cr) 89 Net Surplus (₹ Cr) 1,233 Actual image Actual image Actual image 10
Slide 11: One Indiabulls Thane
One Indiabulls Thane Location Thane Area (Mn. Sq. Ft) 1.59 Total Sales Value (₹ Cr) 1,827 Pending Collection from Area Sold (₹ Cr) 314 Net Surplus (₹ Cr) 1,011 Actual image Project location CGI 11
Slide 12: Enigma, Gurgaon
Enigma, Gurgaon Location Gurgaon (Sector 110) Area (Mn. Sq. Ft) 1.76 Total Sales Value (₹ Cr) 1,100 Pending Collection from Area Sold (₹ Cr) 105 Net Surplus (₹ Cr) 246 Actual image Project location Actual image 12
Slide 13: One Indiabulls, Gurgaon
One Indiabulls, Gurgaon Location Gurgaon (Sector 104) Area (Mn. Sq. Ft) 3.59 Total Sales Value (₹ Cr) 2,289 Pending Collection from Area Sold (₹ Cr) 179 Net Surplus (₹ Cr) 1,051 Project location CGI CGI 13
Slide 14: Indiabulls One 09, Gurgaon
Indiabulls One 09, Gurgaon Location Gurgaon (Sector 109) Area (Mn. Sq. Ft) 1.09 Total Sales Value (₹ Cr) 756 Pending Collection from Area Sold (₹ Cr) 195 Net Surplus (₹ Cr) 268 Project location Actual image CGI 14
Slide 15: Indiabulls City, Sonepat
Indiabulls City, Sonepat Location Sonepat Area (Mn. Sq. Ft) 1.75 Total Sales Value (₹ Cr) 232 Pending Collection from Area Sold (₹ Cr) 25 Net Surplus (₹ Cr) 89 Actual image Project location 15
Slide 16: Indiabulls Seirra, Vizag
Indiabulls Seirra, Vizag Location Vishakhapatnam Area (Mn. Sq. Ft) 0.84 Total Sales Value (₹ Cr) 268 Pending Collection from Area Sold (₹ Cr) 68 Net Surplus (₹ Cr) 14 Actual image Project location CGI 16
Slide 17: Centrum Park, Gurgaon - Completed
Centrum Park, Gurgaon - Completed Location Gurgaon (Sector 103) Area (Mn. Sq. Ft) 2.08 Total Sales Value (₹ Cr) 804 Pending Collection from Area Sold (₹ Cr) 42 Net Surplus (₹ Cr) 125 Actual image Project location Actual image 17
Slide 18: Mega Mall, Jodhpur - Completed
Mega Mall, Jodhpur - Completed Location Jodhpur Area (Mn. Sq. Ft) 0.65 Total Sales Value (₹ Cr) 319 Pending Collection from Area Sold (₹ Cr) 83 Net Surplus (₹ Cr) 235 Actual image Project location Actual Image 18
Slide 19: One Indiabulls Park, Vadodara - Completed
One Indiabulls Park, Vadodara - Completed Location Vadodara Area (mn. Sq. Ft) 0.23 Total Sales Value (₹ Cr) 84 Pending Collection from Area Sold (₹ Cr) 10 Net Surplus (₹ Cr) 73 Actual image Project location Actual image 19
Slide 20: Development Portfolio – Net Surplus
Development Portfolio – Net Surplus Net Surplus Project Location (₹ Cr) Ongoing Projects Blu Estate & Club, Worli Mumbai 3,184 Indiabulls Greens, Panvel Mumbai 863 Indiabulls Golf City, Savroli Mumbai 1,233 One Indiabulls Thane Mumbai 1,011 Enigma, Gurgaon NCR 246 One Indiabulls, Gurgaon NCR 1,051 I
Slide 21: Development Portfolio – Net Surplus (Contd.)
Development Portfolio – Net Surplus (Contd.) Net Surplus Project Location (₹ Cr) Planned Projects Indiabulls Imperial, Gurgaon (Sec 106) NCR 1,930 Arivali, Panvel Mumbai 292 Silverlake Villas, Alibaug Mumbai 69 Centrum, Indore NCR 332 Sub Total - Planned Projects 2,623 Grand Total 11,015 Land Bank 1
Slide 22: Project Approvals
Project Approvals Projects Fire NOC Building Plan Environment Airport Clearance NOC Owned Office Portfolio Blu Commercial, Mumbai Indiabulls Mint, Gurgaon (Sec 104) Commercial, Gurgaon Sec 106 ---------- Land Development License in Place --------- Development Portfolio Blu Estate & C
Slide 23: Owned Office Portfolio
Indiabulls REAL ESTATE Owned Office Portfolio
Slide 24: Owned Office Portfolio – Under Construction
Owned Office Portfolio – Under Construction Commercial Development at Blu Location Worli, Mumbai Area (Mn. Sq. Ft) 0.82 Annuity Revenue (₹ Cr) 282 Expected in 2022 Project location CGI 24
Slide 25: Owned Office Portfolio – Under Construction
Owned Office Portfolio – Under Construction Indiabulls Mint, Gurgaon Location Gurgaon (Sector 104) Area (Mn. Sq. Ft) 0.31 Annuity Revenue (₹ Cr) 34 Expected in 2020 Project location Actual Image 25 CGI
Slide 26: Owned Office Portfolio – Under Construction
Owned Office Portfolio – Under Construction Sector 106, Gurgaon Location Gurgaon (Sector 106) Area (Mn. Sq. Ft) 1.31 Annuity Revenue (₹ Cr) 144 Expected in 2022 Project location CGI 26
Slide 27: Appendix 2 – Real Estate Market in India
Appendix 2 – Real Estate Market in India 27
Slide 28: Real Estate - Industry Updates
Real Estate - Industry Updates Regulatory Act (RERA) GST REIT Listing Single, unified market with tax transparency and predictability, Speedy settlement of disputes Embassy-Blackstone Office Parks promoting ease of doing business REIT listing has propelled REIT as and improving supply chain
Slide 29: Wave of Growth in the Real Estate Sector
Wave of Growth in the Real Estate Sector IBREL is rightly positioned to ride the next wave of growth in the sector 1995-96 property bust Peak in mid 2010 Sector has likely bottomed out and consolidation is imminent +7 years with growth opportunities for + 6 to 7 years + 8th year large institutional
Slide 30: Appendix 3 – Corporate Social Responsibility
Appendix 3 – Corporate Social Responsibility 30
Slide 31: Indiabulls Foundation: Corporate Social Responsibility
Indiabulls Foundation: Corporate Social Responsibility Health JanSwasthya Kalyan Vahika Transforming Mokhada, Shahapur Transforming Talukas - Free primary healthcare facility provided at & Trimbakeshwar doorsteps for the underprivileged with 40 - Medical vans, clinics, health camps, nutrition mobile
Slide 32: Thank you
Thank you This document contains certain forward‐looking statements based on current expectations of Indiabulls Real Estate Ltd.'s (CIN: L45101DL2006PLC148314) management. Actual results may vary significantly from the forward‐looking statements in this document due to various risks and uncertaintie
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