Peninsula Land Limited · NSE:PENINLAND
Peninsula Land — FY2019 Earnings Presentation
23 slides from Peninsula Land's earnings presentation, May 31, 2019
Slide 1: Results Presentation FY 2019
Results Presentation FY 2019
Slide 2: Business Updates
Business Updates [el
Slide 3: Launch of Phase 2 – addressOne: Gahunje, Pune (Affordable Housing)
Launch of Phase 2 – addressOne : Gahunje, Pune (Affordable Housing) Phase 1 • Launched in Q1 of FY 2019 • 94% Sold • 814 units – 0.5 Mio SFT for Rs.176 Cr Phase 2 (Central Park) • Launched in Jan 2019 • 56% Sold • 388 units – 0.2 Mio SFT for Rs.94 Cr 3
Slide 4: Business Updates: New Sales Bookings / Collections
Business Updates New Sales Bookings / Collections Q4 – FY 2019 Sold 302,652 Sq. ft. during Q4 FY19 as against 144,895 Sq. ft. during Q4 FY 18 New sales of Rs. 183 Cr during Q4 FY19, as against Rs. 188 Cr during Q4 FY 18 Collections from operations were at Rs. 95 Cr for Q4 FY 19,as against Rs. 139 Cr
Slide 5: Progress on monetization of non-core assets
Progress on monetization of non-core assets Collection of Rs. 290 Cr on exit from non-core assets Rs 69 Crs of Hinjewadi , Pune (Tranche #2) Rs 18 Crs of Amenity Plot, Hinjewadi, Pune Rs 8 Crs balance out of land sale of Mamurdi, Pune Rs 100 Crs out of land sale, Tathavade, Pune Rs 95 Crs out of lan
Slide 6: Projects Overview
Projects Overview [el
Slide 7: Summary of Ongoing projects – till Mar '19 (cumulative)
Summary of Ongoing projects – till Mar ‘19 (cumulative) Saleable Area Sold Average PLL Share No of Units Sales Value Collections Projects Area (sq ft Location (sq ft in Realization (%) Sold (Rs. Cr) (Rs. Cr) in 000’s) 000’s) (Rs. / sq ft) Residential-Ongoing Bishopsgate 101 Mumbai 50% 10 78 540 69,6
Slide 8: Unrecognized revenue from ongoing projects
Unrecognized revenue from ongoing projects Area Sale Work PLL Share Sold Value of % of Sales Comple- Revenue Revenue Project Revenue (sq ft Area Sold Complete tion Recognized % Revenue to be ‘000s) (Rs. Cr) Recognized Recognized Bishopsgate 78 540 77% 89% - 50% 270 - 270 Celestia Spaces-PLL Share 39
Slide 9: Bishopsgate
Bishopsgate Location PLL JV Partner Saleable Area CURRENT STATUS Share (000’s sq ft.) Mumbai 50% KBK Group 101 Nos. Area Sales Avg. Collection Of Sold Value Realization (Rs. Cr) units (‘000 sq ft ) (Rs.Cr) (Rs./sqft) Till Date 10 78 540 69,619 447 Construction % Sales Milestone Completion Till Q4, F
Slide 10: Celestia Spaces (PLL Share)
Celestia Spaces (PLL Share) CURRENT STATUS Location PLL Share Saleable Area (000’s sq ft.) Mumbai 100% 490 43rd floor 45th floor Nos. Area Avg. Sales of Sold Reali- Collection Value units (‘000 zation (Rs. Cr) (Rs.Cr) sq ft ) (Rs./sqft) Till Date 200 391 856 21,920 491 Construction % Sales Milestone
Slide 11: Carmichael Residences
Carmichael Residences CURRENT STATUS PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 40% KBK Group 146 Nos. Sales Avg. Area Sold Collection of Value Realization (‘000 sq ft ) (Rs. Cr) units (Rs.Cr) (Rs./sqft) Till Date 16 83 642 76,896 397 Construction % Sales Milestone Completion
Slide 12: Salsette 27
Salsette 27 CURRENT STATUS PLL Saleable Area Location Share JV Partner (000’s sq ft.) Byculla, Mumbai 57% PREI Fund 915 Tower A Nos. Sales Avg. of Area Sold Collection Value Realization units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Till Date 239 375 1,022 27,224 358 Construction % Sales Milestone
Slide 13: Peninsula Heights, JP Nagar
Peninsula Heights, JP Nagar Location PLL Share Saleable Area (000’s sq ft.) CURRENT STATUS Bengaluru 100% 620 Tower A East View Nos. Sales Avg. of Area Sold Collection Value Realization Tower B units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) North View Till Date 104 433 425 9,807 277 Construction %
Slide 14: addressOne
addressOne Location PLL Share Saleable Area (000’s sq ft.) CURRENT STATUS Gahunje Pune 100% 918 Nos. Sales Avg. of Area Sold Collection Value Realization units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Till Date 1202 707 270 3,819 48 Construction % Sales Milestone Completion Till Q4, FY 19 7% 77% 14
Slide 15: Ashok Astoria (Phase 1)
Ashok Astoria (Phase 1) * Location PLL Share Saleable Area (000’s sq ft.) Nashik 100% 498 Nos. Sales Avg. of Area Sold Collection Value Realization units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Till Date 290 464 163 3,516 152 * Completed project 15
Slide 16: Ashok Nirvaan
Ashok Nirvaan Location PLL Share Saleable Area (000’s sq ft.) Lonavala (Villas) – Phase 1 100% 125 Plot area (Phase 2 to 4) 25895 sq.mtrs 100% 279 Nos. Area Sold Sales Value Avg. Realization Collection of units (‘000 sq ft ) (Rs.Cr) (Rs./sqft) (Rs. Cr) Till Date 13 101 65 6,467 62 Villas Constructio
Slide 17: Ashok Beleza
Ashok Beleza Location PLL Share Saleable Area (000’s sq ft.) Goa (Plot B&C) 100% 200 Goa (Plot A and Others) 100% 141 Till Date Nos. Area Sold Sales Value Avg. Realization Collection of units (‘000 sq ft ) (Rs.Cr) (Rs./sqft) (Rs. Cr) Plot B &C 34 78 40 5,479 38 Plot A 26 140 27 1,946 23 Construction
Slide 18: Financials Overview
Financials Overview [el
Slide 19: Key financial snapshot
Key financial snapshot Standalone Consolidated Particulars (Rs. Cr) FY19 FY18 FY19 FY18 Income Statement Income from Operations 135.0 315.1 327.8 497.6 Profit before Interest & Exceptional Items (118.9) 138.6 (349.6) (61.6) Interest 232.8 280.3 166.9 218.4 Exceptional Items (410.3) (179.9) (53.7) (1
Slide 20: Balance Sheet
Balance Sheet Standalone Consolidated Sr No 31-Mar-19 31-Mar-18 31-Mar-19 31-Mar-18 Assets A Non-current assets 1,380 1,745 916 1004 B Current assets 1,893 2,216 3,769 3,965 Total Assets (A+B) 3,273 3,961 4,685 4,969 Equity & Liabilities A Equity 578 1,356 519 1,145 B Non-Current Liabilities 1,154 1
Slide 21: Debt Profile
Debt Profile Standalone Consolidated For the year For the year For the year For the year ended ended ended ended Particulars (Rs. Cr) 31.03.19 31.03.18 31.03.19 31.03.18 Total Debt 1,956 2,095 * 2,279 * 2,313 Less: Cash & Cash equivalents 55 63 84 95 Net Debt 1,901 2,032 2,195 2,218 Net Worth 578 1,
Slide 22: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 23: Thank You
[a] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP