Slide 1: Exchange filing cover letter
May 18, 2019 The General Manager – DCS, The Manager, Listing Operations-Corporate Services Dept. Listing Department, BSE Ltd. National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, Rotunda Exchange Plaza, 5th Floor, Plot No. C/1, G Building, 'P J. Towers, Dalal Street, Fort, Block, Band
Slide 2: Puravankara Limited
Purva Bluemont Puravankara Limited March 2019
Slide 3: Contents
Contents ▪ Company Overview 3-5 ▪ Development Bank 6-8 ▪ Area Information 9 – 10 ▪ New Launches 11 - 12 ▪ Sales 13 - 16 ▪ Cash Flows 17 - 19 ▪ Income Statement 20 - 22 ▪ Balance Sheet 23 - 24 ▪ Debt 25 - 26 ▪ Shareholding Pattern and Stock Performance 27 - 29 ▪ Select Project Pictures 30 - 37 ▪ Appe
Slide 4: Company Overview
PURAVANKARA Company Overview
Slide 5: Overview
Overview ❖ One of India's leading real estate developers with an established presence in the residential segment (luxury and affordable housing) and in commercial office spaces ❖ With over 4 decades of domain expertise, Puravankara has established itself as a developer of repute ❖ Completed 68 resid
Slide 6: FY19 – Gaining momentum
FY19 – Gaining momentum Sold Units (Nos) Sales Booking (Rs Cr) Total income (Rs Cr) 3,500 3,429 2,150 2,500 2,098 2,127 23% 12% 41% 2,000 3,000 2,000 1,505 2,781 1,500 1,881 1,000 2,500 1,850 500 2,000 1,700 - FY18 FY19 FY18 FY19 FY 18 FY 19 Customer Collections (Rs Cr) EBITDA (Rs Cr) PAT (Rs Cr) 1,
Slide 7: Development Bank
PURAVANKARA Development Bank
Slide 8: 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 28.08 11.29 43.20 54.48 Chennai 6.26 1.64 11.71 13.35 Hyderabad 0.59 2.35 - 2.35 Kochi 1.89 3.43 4.21 7.64 Others 0.81 1.00 1.01 2.
Slide 9: Ongoing and New Launches
Ongoing and New Launches Provident now accounts for 3/4th of the launch Non-Bengaluru projects now account for 51% of the pipeline; in line with the market trends and the share of ongoing and 59% of new launches* Group‘s strategy New Launches New Launches 4% 28% 26% 32% 15% Ongoing Ongoing 49% 46% 1
Slide 10: Area
PURAVANKARA Area
Slide 11: Consistent sales growth
Consistent sales growth in million sq. ft. (numbers in million sq. ft.) FY16 FY17 FY18 FY19 Opening Area 24.01 23.64 24.92 20.82 Add: Launches/Revisions during the period 1 2.46 4.77 1.96 3.95 Less: Completed during the period 2 (2.83) (3.49) (6.06) (1.69) Closing Area 23.64 24.92 20.82 23.08* Consi
Slide 12: Launch story continues
Launch story continues Next phase of Next phase of First phase of Next phase of Provident Adora De Goa Adora De Goa Sunworth III Provident Park Square Winworth Location – Goa Location – Goa Location –Bangalore Location –Bangalore Location -Kochi Purva Somerset Purva Zenium Purva Atmosphere Park Wood
Slide 13: Robust launch pipeline
Robust launch pipeline Sr. no Location/ Project City Development Development Type Developable Area PPL Share in JD Saleable area Expected launch date Name Model (msft) Puravankara 1 Westend 2 Bengaluru Joint Development Residential 0.10 78% 0.08 Q2FY20 2 Bavdhan Pune Joint Development Residential 0.
Slide 14: Sales
PURAVANKARA Sales 13
Slide 15: Sales – Q4FY19 Vs Q4FY18
Sales – Q4FY19 Vs Q4FY18 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Mar-19 Mar-18 % Mar-19 Mar-18 % Mar-19 Mar-18 % Mar-19 Mar-18 msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.44 0.29 51% 282 198 43% 299 203 47% 6,805 6,987 Completed 0.30
Slide 16: Sales – Q4FY19 Vs Q3FY19
Sales – Q4FY19 Vs Q3FY19 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Mar-19 Dec-18 % Mar-19 Dec-18 % Mar-19 Dec-18 % Mar-19 Dec-18 msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.44 0.35 27% 282 216 31% 299 228 31% 6,805 6,589 Completed Proj
Slide 17: Sales – FY19 Vs FY18
Sales – FY19 Vs FY18 Based on Bookings Year Ended Area Sold Units Sold Sale Value Sale Realization Mar-19 Mar-18 % Mar-19 Mar-18 % Mar-19 Mar-18 % Mar-19 Mar-18 msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 1.29 1.57 -17% 833 1,049 -21% 871 1,039 -16% 6,729 6,623 Completed Proj
Slide 18: Cash Flows
PURAVANKARA Cash Flows 17
Slide 19: Potential Cash Flow from completed and ongoing projects
Potential Cash Flow from completed and ongoing projects Rs. crores Puravankara Provident Total Balance collections from sold units 1 (A) 836 1,135 1,971 Value of Inventory open for sale 2 (B) 3,373 1,209 4,582 Balance cost to go 3,4 (C) 1,184 1,049 2,233 Surplus (A) + (B) – (C) (D) 3,025 1,295 4,320
Slide 20: Cash Flow Statement
Cash Flow Statement Rs. crores Cash Flow Statement Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 19 A Operating Inflows 333.3 386.2 408.1 466.7 1,594.4 B Operating Outflows (274.7) (314.2) (364.7) (359.7) (1,313.3) C=A-B Operating Surplus 58.7 72.0 43.4 107.1 281.1 Less Interest Cost( Net ) (64.2) (74.4) (107.
Slide 21: Income Statement
PURAVANKARA Income Statement 20
Slide 22: Consolidated Statement of Profit & Loss for the quarter ended 31 March 2019
Consolidated Statement of Profit & Loss for the quarter ended 31 March 2019 Rs. crores Particulars Q4FY19 Audited Q3FY19 Audited Q4FY18 Audited Income from operations Revenue from projects 646.09 545.19 287.96 Other Income 20.99 20.47 35.29 Total Income from operations 667.08 565.66 323.25 Expenses
Slide 23: Consolidated Statement of Profit & Loss for the year ended 31 March 2019
Consolidated Statement of Profit & Loss for the year ended 31 March 2019 Rs. crores Particulars FY19 Audited FY18 Audited Income from operations Revenue from projects 2,050.49 1,414.90 Other Income 76.23 90.04 Total Income from operations 2,126.72 1,504.94 Expenses Material cost 109.04 64.86 Contrac
Slide 24: Balance Sheet
PURAVANKARA Balance Sheet 23
Slide 25: Consolidated Balance Sheet as of 31 March 2019
Consolidated Balance Sheet as of 31 March 2019 Rs. crores March 2019 March 2018 March 2019 March 2018 Equity and Liabilities Assets Audited Audited Audited Audited Shareholders' Funds Non-Current Assets Equity Share Capital 119 119 (a) Property, plant and equipment 63 58 Other Equity 1,738 2,275 (b)
Slide 26: Debt
PURAVANKARA Debt 25
Slide 27: Debt Structure – As of 31 March 2019
Debt Structure – As of 31 March 2019 in Rs. Cr Q4FY19 Q3FY19 Q2FY19 Q1FY19 FY18 Opening Balance 2,902 2,642 2,438 2,399 2,075 Net Addition (Repayment) 19 260 204 39 324 Debt Outstanding 2,921 2,902 2,642 2,438 2,399 Less: Cash and Cash Equivalents 178 153 185 137 152 Net debt 2,743 2,749 2,457 2,302
Slide 28: Shareholding Pattern and Stock Performance
Shareholding Pattern and Stock Performance 27
Slide 29: Shareholding Pattern – as on 31 March 2019
Shareholding Pattern – as on 31 March 2019 Others, 7% DII’s, 1% FPI’s,17% 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 28
Slide 30: Stock Performance
Stock Performance Relative to BSE Realty Index and Sensex during March 31, 2018 to March 31, 2019 120 110 100 90 80 70 60 50 40 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Puravankara Sensex BSE Realty 31-Mar-19 31-Dec-18 Price on BSE 74 73 % Change QoQ
Slide 31: Select Project Pictures
PURAVANKARA Select Project Pictures 30
Slide 32: Actual Project Pictures
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Slide 33: Actual Project Pictures
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Slide 34: Actual Project Pictures
PURAVANKARA PROVIDENT KENWORTH
Slide 35: Actual Project Pictures
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Slide 36: Actual Project Pictures
PURAVANKARA Actual Project Pictures a AMAITI
Slide 37: Actual Project Pictures
PURAVANKARA Actual Project Pictures | Mca
Slide 38: Actual Project Pictures
PURAVANKARA Actual Project Pictures
Slide 39: Appendix 1 : Project Status
Appendix 1 : Project Status 38
Slide 40: Current Project Status – As of 31 March 2019
Current Project Status – As of 31 March 2019 JD / JV Puravankara's Developable Total S.No. Project Location Share for Share - Developable Area Flats Developer Area Area Sold Cumulative Inventory Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % COMPLETED Puravankara 1 Amaiti Trichy Road,
Slide 41: Current Project Status – As of 31 March 2019 – (contd.)
Current Project Status – As of 31 March 2019 – (contd.) JD / JV Developabl Total Puravankara's Share S.No. Project Location Share for e Area Flats - Developable Area Developer Area Sold Cumulative Inventory Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % UNDER CONSTRUCTION Puravankara
Slide 42: Current Project Status – As of 31 March 2019 – (contd.)
Current Project Status – As of 31 March 2019 – (contd.) JD / JV Puravankara's Developable Total Share for S.No. Project Location Share - Area Flats Develope Developable Area Area r Sold Cumulative Inventory Launched Msft Units % Msft Units Msft Nos Msft % Nos Msft % PHASES NOT OPEN FOR SALE Puravank
Slide 43: Appendix 2 : Corporate Information
Appendix 2 : Corporate Information 42
Slide 44: Dedicated management team with collective experience of almost 200 years
Dedicated management team with collective experience of almost 200 years-committed to best practices of corporate governance Executive team Non-Executive team Ravi Puravankara R.V.S. Rao Chairman Independent Director • Over 44 years of experience in real estate industry • Bachelor’s degree in Commer
Slide 45: Media & Capital Market Recognition
Media & Capital Market Recognition Focus on customer centricity , affordable housing and leveraging prop-tech in all aspects of our organization has further propelled our growth story @Puravankara Q4 FY18-19 44
Slide 46: Awards and achievements
Awards and achievements Awards for Puravankara Limited ❖ ET NOW Presents Dream Companies to Work For Awards - Puravankara Limited ❖ Marketing Maverick Awards for Outstanding Contribution towards the Indian Real Estate Industry - Mr. Ravi Puravankara ❖ The “People’s Choice Winner” at the CNBC-AWAAZ R
Slide 47: Awards and achievements
Awards and achievements Awards for Provident Housing Limited ❖ CIA WORLD Construction & Infra Awards for the Best Township Project -- Provident Sunworth ❖ CIA WORLD Construction & Infra Awards for the Best Residential Project of the Year - The Tree By Provident ❖ BAM (Builders , Architects & Buildin
Slide 48: Disclaimer
Disclaimer This presentation has been prepared by Puravankara Limited (“Company”) solely for providing information about the Company. It contains certain forward looking statements concerning Puravankara Ltd’s future business prospects and business profitability, which are subject to a number of ris
Slide 49: 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