Parsvnath Developers Limited · NSE:PARSVNATH
Parsvnath Developers — Investor Presentation (December 2015)
26 slides from Parsvnath Developers's investor presentation, December 2015
Slide 1: Committed to build a better world
committed to build a better world
Slide 2: Parsvnath Developers Limited
Parsvnath Developers Limited 2
Slide 3: Safe Harbor
Safe Harbor This presentation contains certain forward looking statements concerning Parsvnath Developers, Ltd’s business prospects and business profitability, which are subject to a number of risks and uncertainties. Actual results may differ materially from those projected in such forward looking
Slide 4: Executive Summary
Executive Summary • Industry dynamics • Company overview • Strong management bandwidth • Focus areas • Profile of premium projects • Update on DMRC projects • Hospitality • Star Rating Assigned by CARE • Awards & Recognitions • Strategic initiatives undertaken • Private equity partnerships 4
Slide 5: Industry Dynamics
Industry Dynamics • Actual users are continue to be buyers, some of the investors are back in real estate • Private equity players continue to invest in prime projects; has eased liquidity owes of the developers • Passing of real estate bill instills further confidence in the sector 5
Slide 6: Other Long Term Factors to spur growth
Other Long Term Factors to spur growth • In the next 20 years, 68 cities in India are likely to have a population over 1 mn people (vs. 46 cities today) – only 35 cities in Europe and 9 cities in the US have population over 1 mn people • Average real household income (adjusted for inflation) is proj
Slide 7: Company overview
Company overview * Real estate developer with over two decades of execution excellence o Completed 55 projects with total area of 25.19M ft? o 48 projects with a total area of 69.67M ft? are under development or construction o Of the 69.67M ft? in development, 31.15M ft? has been sold as of Sept 30,
Slide 8: Core Business Segments
Core Business Segments Integrated Residential Townships • Multi-storied apartments and • Group housing, houses / group housing villas, commercial, schools, • Represents 37% of projects hospitals, etc. completed by saleable area • Represents 56% of projects • Represents 30% of projects completed by s
Slide 9: Strong Management Bandwidth
STRONG MANAGEMENT BANDWIDTH
Slide 10: Mr. Pradeep Jain, Founder & Chairman
Mr. Pradeep Jain, Founder & Chairman • Founded Parsvnath Developers, Ltd., with just US $25 • gradually built PDL into a leading developer in India, • brings 25 years of real estate development experience • His leadership and influence is evidenced by his chairmanship and membership on important ind
Slide 11: Board of Directors
Board of Directors Name Designation Current Role & Responsibility Mr. Pradeep Kumar Jain Chairman Responsible for Strategy, Land Acquisition, Relationship Management Mr. Sanjeev Kumar Jain Managing Director & Heads the architectural, construction and CEO purchase departments of the Company Dr. Rajee
Slide 12: Focus areas
Focus areas • Residential – Focus remains on developing high margin residential and township projects (93% of completed projects and 94% of projects under execution on a saleable area basis) – integrated township plot sales will strong near term cash flow • Lease Rental – Build out a portfolio of hi
Slide 13: Profile of Premium Residential Projects
PROFILE OF PREMIUM RESIDENTIAL PROJECTS 13
Slide 14: La-Tropicana – Delhi
La-Tropicana – Delhi Total Land Area : 6.8 Hectares (17 Acres) Total Saleable Area : 22,48,518 sq. ft. Development envisaged : Super-Luxurious Condominiums All Sanctions/Approvals are in place. Status of project : Construction in full swing Private Equity Investor : J.P. Morgan Advisors India Limite
Slide 15: The Parsvnath 27 Office Complex, K.G.Marg, New Delhi
The Parsvnath 27 Office Complex, K.G.Marg, New Delhi Luxury State-of-the-Art Offices Land Area : 1.185 Acres ( 4798 Sq.mt) Saleable Area : 1,30,534 Sq.ft (Saleable area likely to be increased upto 2 lacs Sq.ft) Development envisaged: Shopping / Office Space All Sanctions / Approval are in Place Stat
Slide 16: Parsvnath Redfort Tower – Bhai Veer Singh Marg
Parsvnath Redfort Tower – Bhai Veer Singh Marg Connaught Place – New Delhi Land Area : 21,403 sq. mt. Leasable Area : 2,84,445 sq. ft. Lease Term : 30 Years (upto Sept. 2040) Status of Project : Phase-1 (2,21,655 sft.) - completed & Occupancy Certificate received. Area of Phase – I is fully leased o
Slide 17: Delhi Metro Rail Corporation (MRTS)
Delhi Metro Rail Corporation (MRTS) • PDL got 12 projects from Delhi Metro Rail Corporation (DMRC) in a tendering process. • Total leasable is 1.78 mn. sq. ft. • We have already completed around 1.00 mn. sq. ft. • Grant of concession of projects with a term of either 12 or 30 years. 17 17
Slide 18: Delhi Metro Rail Corporation (MRTS)
Delhi Metro Rail Corporation (MRTS) Leasable Area Concession Period Completed Area Name of the Proejct ( Sq.Ft ) from to ( Sq.Ft ) Inderlok Station Box* 89,457 05.10.2004 19.06.2017 89,457 Inderlok Annexe* 52,623 05.10.2004 07.10.2035 52,623 Tis Hazari Metro Station* 22,245 16.05.2005 15.03.2017 22,
Slide 19: Delhi Metro Rail Corporation (MRTS) – Actual Photographs
Delhi Metro Rail Corporation (MRTS) Actual Photographs 19
Slide 20: Hospitality
Hospitality SHIRDI HOTEL Location : Shirdi, Ahmednagar, Maharashtra Land Area : 2200 sq. mt. No. of rooms : 52 Hotel Category : 3 Star Status : Under-Construction. Expected to be completed by Sept 2016 MoU signed with Fortune Park Hotels of ITC Welcome group to operate and market the hotel. Shirdi H
Slide 21: Star-Ratings assigned by CARE
Star-Ratings assigned by CARE Credit Analysis & Research Ltd. (CARE) has assigned ratings for following three projects : ‘NCR-6 Star’ rating for Red Fort Parsvnath Tower, High-end Luxury Office Complex, located at Bhai Vir Singh Marg, Connaught Place, New Delhi. ‘NCR-5 Star’ rating for Parsvnath
Slide 22: Awards & Recognitions
Awards & Recognitions ESTATE AVENUE AWARDS * PDL has received “Developer of the Year - Integrated Township” award, under the category ‘Developers Awards’ in 3 North India’s Real Estate Awards 2015. « PDL has received “Best Developer of Delhi NCR” award from Estate Avenue Awards. * Parsvnath’s ultra-
Slide 23: Awards & Recognitions (Contd…)
Awards & Recognitions ( Contd…) Name of the Project Location Vertical Award Category Parsvnath La-Tropicana New Delhi Group Housing Best ’50% Complete Residential Project’ under Ultra-Luxury Segment in NCR Parsvnath Planet Lucknow Group Housing Special Recognition under best ‘50% Complete Residentia
Slide 24: Strategic initiatives undertaken
Strategic initiatives undertaken • Divested non-core assets • Raised Long Term Capital • Increased project development efficiency and performance • Brought Private Equity Partners at project level • Outsourced project management and construction to improve execution performance of key projects • lea
Slide 25: Private equity partnerships
Private equity partnerships Investor' name Amount ( Rs/mn) PDL's Share Parsvnath RedFort Tower ,Bhai Veer Singh Marg, New Delhi Red Fort Capital 1550 ( $24mn) 52% Proprium Finance Corp. 2100 ( $32mn) Delhi Heights (RLDA), Rani Jhansi Marg , New Delhi Red Fort Capital 10595 ( $163mn) 50% Exotica, Gha
Slide 26: Thank You
Thank You 26
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