Kolte-patil Developers Limited · NSE:KOLTEPATIL
Kolte-patil Developers — Q1 FY25 Earnings Presentation
20 slides from Kolte-patil Developers's earnings presentation, Aug 9, 2024
Slide 1: Exchange filing cover letter
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: Kolte-Patil Developers Limited Results Presentation Q1 FY25
Kolte-Patil Developers Limited Results Presentation Q1 FY25
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 01 Kolte-Patil Developers Ltd. (KPDL) - At a Glance 02 KPDL – Rising to the Upper Storey 03 Key Highlights 04 Priority Launches 05 Performance Highlights 06 Abridged Cash Flows & Consolidated Debt Profile 07 P&L Snapshot 08 Project Portfolio 09 Outlook 10 About KPDL Results Present
Slide 5: Kolte-Patil Developers At a Glance
Kolte-Patil Developers At a Glance Leading Real estate player in Pune with expanding presence across Mumbai & Bengaluru. Strong track record of delivering varied projects including gated communities, residential complexes, integrated townships, mixed-use projects, IT parks, commercial complexes Dive
Slide 6: Kolte-Patil Developers Rising to the upper storey
Kolte-Patil Developers Rising to the upper storey • Strategic, operational and financial prudence Building a pipeline • Stronger sales pipeline for next round of growth ~Rs. 25,000 cr. Project portfolio for multi-year • Collections trending higher (under execution, approval and land bank; based on c
Slide 7: Key Highlights – Q1FY25
Key Highlights – Q1FY25 Pre-Sales Financial Performance • Q1FY25 sales value at Rs. 711 cr., up 1% YoY; sales volumes at • Firm deliveries resulted in revenues of Rs. 341 cr, 0.96 msf up 3% • EBITDA margins stood at 8.2% for the quarter Collections Net Debt • Reported highest ever collections of Rs.
Slide 8: Operational Highlights Q1 FY25
Operational Highlights Q1 FY25 New area sales Q1FY25 Q4FY24 Q1FY24 QoQ YoY FY24 FY23 YoY Value (Rs. cr.) 711 743 701 -4% 1% 2,822 2,232 26% Volume (msf) 0.96 1.03 0.93 -7% 3% 3.92 3.27 20% Realization (Rs./sq. ft.) 7,407 7,226 7,545 3% -2% 7,193 6,817 6% Collections* (Rs. cr.) 612 592 513 3% 19% 2,0
Slide 9: Sales & Collections – Ongoing Projects – Q1 FY25
Sales & Collections – Ongoing Projects – Q1 FY25 Area Sold Sales Value APR Collections Project Location (msf) (Rs. cr.) (Rs./sft.) (Rs. cr.) Life Republic Hinjewadi 0.46 294 6,426 292 Universe(R10) ,LR Hinjewadi 0.01 5 7,152 105 24K Altura Baner 0.12 121 9,733 58 24k Manor Pimple Nilakh 0.05 57 10,9
Slide 10: New Sales Analysis – Q1 FY25
New Sales Analysis – Q1 FY25 Value (Rs. Cr.) 445 367 716 704 701 632 746 743 711 73% 62% 55% 55% 48% 47% 47% 45% 42% 39% 34% 33% 32% 30% 26% 24% 23% 20% 19% 17% 14% 14% 12% 11% 11% 10% 9% 7% 7% 6% 5% 5% 4% 3% 2% 2% 2% 2% 2% 1% 1% 1% 1% 0% 0% Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4
Slide 11: Priority Launches
Priority Launches FY25 Launches Total Topline FY23 Launches FY24 Launches Project Location Use Saleable Potential Launched till date from Planned Launches the planned launches (msf) (Rs. cr.) (msf) (Rs. cr.) (msf) (Rs. cr.) (msf) (Rs. cr.) (msf) (Rs. cr.) Little earth Kiwale Residential 2.50 1,400 0
Slide 12: Performance Highlights – Annual
Performance Highlights – Annual Sales Value (Rs. cr.) Sales Volume (msf) APR (Rs./sft.) 2,822 3.92 7,193 2,232 6,817 3.27 6,407 5,785 1,739 2.71 5,309 2.51 1,331 2.08 1,201 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Collections (Rs. cr.) Delivery (msf) Net Debt (Rs. c
Slide 13: Performance Highlights – Quarterly
Performance Highlights – Quarterly Sales Value (Rs. cr.) Sales Volume (msf) APR (Rs./sft.) Collections (Rs. cr.) 746 743 701 711 1.03 592 612 632 0.98 0.98 0.96 7,545 7,579 7,226 7,407 0.93 513 6,426 472 493 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q1 FY24 Q2 F
Slide 14: Abridged Cash Flows
Abridged Cash Flows Abridged Cash flows Q1 FY25 FY24 (Rs. cr.) ( Un-audited) (Un-audited) Opening Balance* - A 606 452 Operating Activities: Collections 603 1,989 Construction Cost -262 -1,089 Other Expenses -57 -314 Direct & Indirect Taxes -37 -151 Operating Cashflow – B 247 435 Financing Activitie
Slide 15: Consolidated Debt Profile
Consolidated Debt Profile Consolidated Debt Profile 30th June 2024 31st March 2024 30th June 2023 The Company has been assigned a (Rs. cr.) ‘CRISIL A+/Positive’ rating; enhances KPDL’s rating profile and highlights CCM CCM CCM its focus on corporate governance Net Worth 740 734 913 Gross Debt 1,126
Slide 16: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot P&L Snapshot (Rs. cr.) Q1 FY25 Q4 FY24 Q1 FY24 QoQ YoY Revenue from Operations 340.8 526.4 571.2 -35.3% -40.3% EBITDA 27.8 -6.9 91.2 - -69.5% EBITDA Margin (%) 8.2% -1.3% 16.0% - - Profit before tax 14.4 -41.5 58.8 - -75.5% PBT Margin 4.2% -7.9% 10.3% - - Net pr
Slide 17: KPDL Project Portfolio – 30.06.24
KPDL Project Portfolio – 30.06.24 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 18: Business Outlook
Diversifying Sector consolidation geographical presence Business • Formalization of the Indian real estate sector, driven by conducive legislations like RERA • 15 society redevelopment projects in Mumbai - 2 completed, Outlook 5 ongoing, 7 future projects now in place and further accelerated by Covi
Slide 19: Awards and Recognitions – KPDL received 60+ awards in the last five years
Awards and Recognitions – KPDL received 60+ awards in the last five years Most Iconic Luxury Brand in Real Legacy Brand in Real Estate – Trusted Brand of the Year, Times Top Developer of the year, Times Estate,24K, ET Business Awards, Pune, Times Power Brands, 2023 Realty,2021-22 Real Estate Icons,2
Slide 20: 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 reputation for high quality standards, de
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