Slide 1: Cover letter to stock exchanges
re ? . rl:r -J'i::i:tll:it':j :':1': j:Al::@49, Creation, not construction. To. To, The Assistant Manager, National Stock Exchange of India Limited The General Manager, ' BSE Limited, Listing Department, Corporate Relationship Department, 'Exchange Plaza', 1st Floor, Phiroze Jeejeebhoy Towers, p-an{
Slide 2: Q3 & 9M FY22 Results Presentation
Kolte-Patil Developers Limited Q3 & 9M FY22 Results Presentation
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 s
Slide 4: Table of Contents
Table of Contents 1 KPDL – Power Of Discipline 2 CEO’s Message 3 Operational Highlights 4 Priority Launches 5 Performance Highlights 6 Abridged Cash Flows 7 P&L Snapshot 8 Project Portfolio 9 Outlook 10 About Kolte-Patil Developers Ltd. 3
Slide 5: Power Of Discipline – Deliver More With Less
Power Of Discipline – Deliver More With Less Sustained market Sound capital Diversifying Asset-light growth leadership allocation geographical presence Successive Among the Strengthened years of Sales and healthiest sales Debt marketing sectorial pipeline for reduction cost sales next round of effic
Slide 6: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~27 MSF Residential real estate player in Pune Project portfolio - under execution, of presence being incorporated in 1991 (Awarded as Most Reputed Brand in Pune ) approval, land bank and DMA > 20 MSF ~12% A+/Stable of area delivered across Pune,
Slide 7: CEO's Message
CEO’s Message Commenting on the performance for Q3 FY22 Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said: “We have hit significant sales milestones in Q3 FY22, which has been our best-ever quarter in the last seven years both in terms of sales volume and value. Sales value in the qua
Slide 8: Operational Highlights – Q3 FY22
Operational Highlights – Q3 FY22 New area sales Q3FY22 Q2FY22 Q3FY21 QoQ YoY 9MFY22 9MFY21 YoY Volume (million sq. ft.) 0.86 0.67 0.55 28% 56% 1.93 1.22 58% Value (Rs. million) 5,613 4,290 3,170 31% 77% 12,384 6,756 83% Realization (Rs./Sq. ft.) 6,489 6,370 5,762 2% 13% 6,403 5,553 15% Collections (
Slide 9: Sales & Collections – Ongoing Projects – Q3 FY22
Sales & Collections – Ongoing Projects – Q3 FY22 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. mn.) (Rs./sft.) (Rs. mn.) Life Republic Hinjewadi 0.17 911 5,211 1,396 Universe(R10) ,LR Hinjewadi 0.18 1,075 5,979 214 Stargaze Bavdhan 0.06 383 6,547 459 Three Jewels Kondhwa 0.06 2
Slide 10: Region-wise Sales – Q3 FY22
Region-wise Sales – Q3 FY22 Total Area Total Sales Total Sold Value Collection 0.86 msf 5,613 mn 4,212 mn Total (Mumbai Projects) 0.07 msf Rs. 1,425 mn Rs. 502 mn Maharashtra Total (Pune Projects) 0.73 msf Rs. 3,890 mn Rs. 3,277 mn Total (Bengaluru Projects) 0.06 msf Rs. 298 mn Rs. 432 mn 9
Slide 11: New Sales Analysis – Q3 FY22
New Sales Analysis – Q3 FY22 msf. 0.82 0.67 0.31 0.35 0.56 0.85 0.40 0.67 0.86 2% 4% 9% 8% 5% 9% 10% 12% 10% 10% 9% 8% 17% 14% 12% 13% 14% 19% 16% 31% 22% 11% 42% 29% 23% 30% 16% 63% 41% 37% 31% 40% 34% 31% 23% 29% 19% 18% 16% 21% 17% 19% 22% 22% 12% Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 FY21 Q
Slide 12: Priority Launches
Priority Launches Pune Projects Location Use Saleable Area (msf.) Baner Baner Mixed Use 1.33 Down Town Kharadi Residential / Retail 0.68 Tathawade* Tathawade Residential / Retail 0.55 Life Republic (R14) Hinjewadi Residential / Retail 1.07 Giga Viman Nagar Commercial 0.86 Launches planned across B
Slide 13: Judiciously building project pipeline for the next round of growth
Judiciously building project pipeline for the next round of growth FY22 FY21 FY20 Signed a new project with a combined saleable FY19 Signed three new projects with a area of ~0.55 msf in Pune (Tathawade) under combined saleable area of ~2.2 msf in DM model. Expected DM fees of ~Rs. 35 crore Pune
Slide 14: Mumbai Presence - Expanding Footprint
Mumbai Presence - 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 Verve (Goregaon West) Walking distance from Inorbit mall, adjacent to Central mall Faster Creation
Slide 15: Performance Highlights – Five Years
Performance Highlights – Five Years Sales Volume, msf Sales Value, Rs. Crore APR, Rs./sft. 2.70 1,432 2.51 6,403 2.09 2.08 5,765 5,785 1.93 1,331 5,302 5,309 1,238 1,198 1,201 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 FY18 FY19 FY20 FY21 9M FY22 Collections, Rs. Crore Delivery, msf Net
Slide 16: Performance Highlights – Q3 FY22
Performance Highlights – Q3 FY22 Sales Volume, msf Sales value, Rs. Crore APR, Rs./sft. Collections, Rs. Crore Q3 FY21 0.56 Q3 FY21 332 Q3 FY21 5,961 Q3 FY21 382 Q4 FY21 0.85 Q4 FY21 511 Q4 FY21 5,988 Q4 FY21 441 Q1 FY22 0.40 Q1 FY22 249 Q1 FY22 6,261 Q1 FY22 279 Q2 FY22 0.67 Q2 FY22 429 Q2 FY22 6,3
Slide 17: Abridged Cash Flows
Abridged Cash Flows Q3 FY22 9M FY22 Abridged Cash flows - (Rs. crore) (Un-Audited) (Un-Audited) Opening Balance 190 188 Operating Activities Collections 411 1040 Construction Cost -211 -542 Other Expenses -61 -155 Strategic Land Monetization 0 66 Direct & Indirect Taxes -23 -67 Operating Cashflow 11
Slide 18: Consolidated Debt Profile
Consolidated Debt Profile Consolidated Debt Profile (Rs. crore) 31st Dec, 2021 30th Sep 2021 31st Mar, 2021 CCM CCM CCM Net Worth 932 941 894 Gross Debt 467 542 665 Less: OCD / CCD / OCRPS / Zero Coupon NCD* 101 161 190 Debt 366 381 475 Less: Cash & Cash Equivalents & Current 194 167 165 Investments
Slide 19: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot Q3 Q2 Q3 9M 9M P&L Snapshot (Rs. crore) QoQ YoY YoY FY22 FY22 FY21 FY22 FY21 Revenue from Operations 240.3 303.8 190.3 -20.9% 26.3% 741.4 395.7 87.4% EBITDA 30.5 52.7 45.5 -42.2% -33.0% 145.7 23.5 520% EBITDA Margin (%) 12.7% 17.4% 23.9% -4.7% -11.2% 19.7% 5.9%
Slide 20: Revenue Recognition – Q3 FY22 vs Q3 FY21 & 9M
Revenue Recognition – Q3 FY22 vs Q3 FY21 & 9M FY22 vs 9M FY21 Q3 FY22 Q3 FY21 9M FY22 9M FY21 Rs. 240 crore Rs. 190 crore Rs. 741 crore Rs. 396 crore Strategic Monetization 48% Life Republic 47% Mumbai Projects 39% Life Republic 56% Bengaluru Bengaluru Strategic 24% Projects 11% Monetization 23% Pro
Slide 21: KPDL Project Portfolio – 31.12.21
KPDL Project Portfolio – 31.12.21 Gross Details Gross Details (including partner’s share) (including partner’s share) KPDL Ongoing & Under KPDL Ongoing & Under Projects Land Bank Projects Land Bank Share Unsold Approval Share Unsold Approval Jazz II (Opula) 100% 0.00 - - Jai Vijay 100% 0.01 - - Atri
Slide 22: Business Outlook
Business Outlook Sector consolidation Diversifying geographical Efficient capital deployment First round of consolidation resulted from presence Continue to evaluate strategic and financial implementation of RERA and GST benefiting 10 society redevelopment projects in Mumbai - partnerships tha
Slide 23: Small to mid sized journey completed. Mid to large sized journey begins
Small to mid sized journey completed. Mid to large sized journey begins Leading real estate Amongst India’s top five brand in Pune real estate players Double our sales while ~33% sales value from maintaining profitability Mumbai and Bengaluru in 9M FY22 Grow our Pune Growing property presence and le
Slide 24: Awards and Recognitions
Awards and Recognitions KPDL RECEIVED 60+ AWARDS IN THE LAST FIVE YEARS KPDL Awards Project Awards Trusted Brand of the Year, Times Realty, 2021-22 Residential High Rise Architecture India- 2021, Asia Pacific Top Developer of the year, Times Real Estate Icons , 2020-21 Property Awards (IPA), 2020-21
Slide 25: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a For further information, leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a tr
Slide 26: Thank You
THANK YOU