Slide 1: Cover letter to NSE and BSE
To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationship Department, ‘Exchange Plaza’, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001
Slide 2: Results Presentation Q2 & H1 FY24
Kolte-Patil Developers Limited Results Presentation Q2 & H1 FY24
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward- looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those
Slide 4: Table of Contents
Table of Contents KPDL – Key 1 Unleashing 2 Highlights 3 Priority Launches Possibilities Abridged Cash Performance Flows & P&L 4 Highlights 5 6 Snapshot Consolidated Debt Profile Project About Kolte-Patil 7 Portfolio 8 Outlook 9 Developers Ltd. 3
Slide 5: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~34 MSF Residential real estate player Project portfolio - under of presence being in Pune execution, approval, land incorporated in 1991 (Awarded as Most Reputed Brand in Pune) bank and DMA Diversifying Presence > 26 MSF ~14% Mumbai and Bengalur
Slide 6: Kolte-Patil Developers - Unleashing Possibilities
Kolte-Patil Developers - Unleashing Possibilities • Successive years of debt • Strengthening geographical Broad-based presence selectively • Strategic, operational and reduction diversification across financial prudence cities(Pune,Mumbai,Bengaluru) • Consistently positive • Contribution to Sales by
Slide 7: Business Development Strategy
Kolte-Patil Developers – Business Development Strategy Acquire projects with GDV of Rs. 8,000 crore in FY24 across Pune, Mumbai and Bengaluru Pune to contribute 70% to sales by FY25 • Acquire additional projects with top-line potential of Rs. 5,000 crore in FY24 • Strengthen presence in the existing
Slide 8: Key Highlights
Key Highlights FY24 New Launches till date – Launched five projects with saleable area ~2.73 msf and topline potential of Rs. 1 1,985 crore Business Development - Acquired projects with total estimated saleable area of ~3 msf and topline potential of Rs. 3,450 crore Sr. No. Region Saleable Area (msf
Slide 9: Operational Highlights – Q2 & H1 FY24
Operational Highlights – Q2 & H1 FY24 New area sales H1FY24 H1FY23 YoY Q2FY24 Q1FY24 Q2FY23 QoQ YoY Volume (million sq. ft.) 1.91 1.17 63% 0.98 0.93 0.56 5% 75% Value (Rs. Crore) 1,333 812 64% 632 701 367 -10% 72% Realization (Rs./sq. ft.) 6,970 6,960 0.15% 6,426 7,545 6,622 -15% -3% Collections (Rs
Slide 10: Region-wise Sales – H1 FY24
Region-wise Sales – H1 FY24 Total Area Sold Total Sales Value Total Collection Total Projects 1.91 msf Rs. 1,333 crore Rs. 985 crore 1.88 msf RS. 1,271 crore RS. 786 crore Pune (98%) (95%) (80%) Mumbai 0.03 msf Rs. 61 crore Rs. 199 crore + Bengaluru (2%) (5%) (20%) 9
Slide 11: Sales & Collections – Ongoing Projects – Q2 FY24
Sales & Collections – Ongoing Projects – Q2 FY24 Sales Value APR Collections Projects Location Area Sold (msf.) (Rs. crore.) (Rs./sft.) (Rs. crore.) Life Republic Hinjewadi 0.68 422 6,227 218 Universe(R10) ,LR Hinjewadi 0.07 40 5,813 53 24K Altura Baner 0.03 28 8,965 25 24k Manor Pimple Nilakh 0.05
Slide 12: Sales & Collections – Ongoing Projects – H1 FY24
Sales & Collections – Ongoing Projects – H1 FY24 Sales Value APR Collections Projects Location Area Sold (msf.) (Rs. crore.) (Rs./sft.) (Rs. crore.) Life Republic Hinjewadi 1.07 672 6,294 362 Universe(R10) ,LR Hinjewadi 0.20 126 6,340 99 24K Altura Baner 0.30 270 8,963 35 Little Earth-Kiwale Kiwale
Slide 13: New Sales Analysis – Q2 FY24
New Sales Analysis – Q2 FY24 Volume 0.35 0.56 0.850.78 0.40 0.61 0.67 0.560.86 1.130.78 0.61 0.56 msf. (msf.) 0.67 0.86 0.97 0.93 0.98 76% 68% 58% 56% 41% 41% 34% 34% 31% 31% 25% 23% 23% 22% 22% 21% 21% 19% 19% 18% 17% 17% 16% 16% 15% 13% 12% 12% 12% 11% 10% 10% 9% 9% 8% 8% 6% 5% 4% 3% 2% 1% 1% 0% 0
Slide 14: Priority Launches
Priority Launches Phase I launch Phase I launch Total Saleable Topline Projects Location Use potential potential Area (msf.) Potential (msf) (In Crore) 0.80 450 Kiwale (Little Earth) Kiwale Residential 2.50 1,400 0.60 340 FY23 - Launched Summary Pimple Nilakh (24K Manor) Pimple Nilakh Residential 0.
Slide 15: Mumbai Metropolitan Region - Expanding Footprint
Mumbai Metropolitan Region - Expanding Footprint Shree Avadhoot (Dahisar East) Opp. Subway, St. Mary School Vaayu (Dahisar West) Near Mary Immaculate Girls School Evara (Borivali West) Near. McDonald's, S V Road Jal Nidhi (Goregaon West) Verve (Goregaon West) Walking distance from Inorbit mall, adja
Slide 16: Performance Highlights – Annual
Performance Highlights – Annual Sales Value (Rs. crore) Sales Volume (msf) APR (Rs./sft.) 2,232 3.27 6,817 2.70 2.71 6,407 1,739 2.51 5,785 5,302 5,309 1,432 2.08 1,331 1,201 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 FY19 FY20 FY21 FY22 FY23 Collections (Rs. crore) Delivery (msf) Net Debt (R
Slide 17: Performance Highlights – Quarterly
Performance Highlights – Quarterly Sales Value (Rs. crore) Sales Volume (mn. sq. ft.) APR (Rs./sft.) Collections (Rs. crore) 1.13 716 704 701 0.97 0.98 7,545 589 632 0.93 7,225 6,622 513 6,339 6,426 472 435 404 367 0.56 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24
Slide 18: Abridged Cash Flows
Abridged Cash Flows Q2 FY24 H1 FY24 Abridged Cash flows - (Rs. crore) (Un-Audited) (Un-Audited) Opening Balance* - A 394 452 Operating Activities: Collections 451 942 Construction Cost -220 -502 Other Expenses -83 -174 Direct & Indirect Taxes -53 -84 Operating Cashflow – B 95 182 Financing Activitie
Slide 19: Consolidated – Debt Profile
Consolidated – Debt Profile Consolidated Debt Profile (Rs. crore) 30th September, 2023 31st March, 2023 CCM CCM Net Worth 1,022 1,046 Gross Debt 876 542 Less: OCD/CCD/OCPRS/Zero Coupon NCDs 483 73 Debt 392 468 Less: Cash & Cash Equivalents & Current Investments** 343 356 Net Debt 49 112 Net Debt/Equ
Slide 20: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot P&L Snapshot (Rs. crore) Q2 FY24 Q1 FY24 Q2 FY23 QoQ YoY H1 FY24 H1 FY23 YoY Revenue from Operations 198.2 571.2 123.3 -65.3% 60.7% 769.3 323.4 137.9% EBITDA 3.5 91.2 -5.6 -96.2% - 94.6 41.3 129.1% EBITDA Margin (%) 1.8% 16.0% -4.5% - - 12.3% 12.8% - Profit befo
Slide 21: KPDL Project Portfolio – 30.09.23
KPDL Project Portfolio – 30.09.23 Gross Details (including partner’s share) Gross Details (including partner’s share) Projects KPDL Ongoing & Under KPDL Ongoing & Under Land Bank Total Projects (Mumbai) Land Bank Total (Pune Excl. LR) Share Unsold Approval Share Unsold Approval 24K Altura (Baner) 10
Slide 22: Business Outlook
Business Outlook Sector consolidation Diversifying geographical presence Efficient capital deployment • Formalization of the Indian real estate sector, driven • 13 society redevelopment projects in Mumbai • Continue to evaluate strategic and financial by conducive legislations now in place and furth
Slide 23: Awards and Recognitions
Awards and Recognitions - KPDL received 60+ awards in the last five years KPDL Awards Legacy Brand in Real Estate – Pune, Most Iconic Luxury Brand in Real Trusted Brand of the Year, Times Top Developer of the year, Times Real Times Power Brands, 2023 Estate,24K, ET Business Awards, 2022 Realty,2021-
Slide 24: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a trusted name with a reputat