Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Q2 FY2025 Earnings Presentation
30 slides from Prozone Realty's earnings presentation, Nov 14, 2024
Slide 1: Prozone Realty Limited exchange filing letter
Prozone Realty Limited (Formerly known as 'Prozone Intu Properties Limited' till 24th May 2023) Dated: 14th November 2024 To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Listing Department, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Fort, Mumbai 400 051 Mum
Slide 2: Upward And Forward: Q2 FY25 Results Update Presentation
PROZONE REALTY LIMITED Upward Q2 FY25 RESULTS UPDATE PRESENTATION And Forward Nov 2024 0
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 4: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 2
Slide 5: Executive Summary
EXECUTIVE SUMMARY MALL Overall good traction seen in new leasing as well as expansion request from existing retailers. Prozone Mall Aurangabad Footfall in Aurangabad mall was up by 17% as compared to Q1 of FY25. Five new stores spread over 7240 sq ft GLA commenced operations, including Kingd
Slide 6: Results Highlights
RESULTS HIGHLIGHTS 01 Income from operations for Q2 FY25 stood at Rs 488.5mn o Q2FY25 Income from Mall stands at 300.7mn which is up 12% over Q2FY24. o Q2FY25 Income from Real estate stands at 187.9mn which is from recognition of revenue of sold units in Nagpur Residential project. 02 EBITDA for Q2
Slide 7: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q2 FY25 Q1 FY25 Q2 FY24 H1 FY25 H1 FY24 FY24 Revenue from Real Estate Projects^ 187.9 23.0 110.9 210.8 377.7 725.3 Lease Rental & Related Income 300.7 299.0 269.2 599.7 537.9 1,119.9 Total Income from operations 488.6 321.9 380.0 810.5 915.6 1
Slide 8: Asset Snapshot
ASSET SNAPSHOT 6
Slide 9: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 7
Slide 10: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q2 FY25 Total Operational Area (lakh sq.ft.) 5.01 Total Leased Area (lakh sq.ft.) 5.12 Current Leasing Status 74% Number of Stores Leased 117 New Stores Opened in quarter 5 Number of Stores Under fit out 5 Consumption & Footfall Trend Occupanc
Slide 11: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL KAZO Kingdom of White Tales & Stories Ethnix Wow Momo 9
Slide 12: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL Acer Intune Hamleys Miniso *Above four stores commenced operations in Q3F25 10
Slide 13: Some of the Brand Partners at Aurangabad Mall
SOME OF THE BRAND PARTNERS AT AURANGABAD MALL 11
Slide 14: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL EOSS Jul 2024 EOSS Aug 2024 Independence Day Ganesh Utsav 12
Slide 15: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q2 FY25 Total Operational Area (lakh sq.ft.) 4.59 Total Leased Area (lakh sq.ft.) 4.67 Current Leasing Status 94% Number of Stores Leased 114 New Stores Opened in quarter 4 Number of Stores Under fit out 6 Consumption & Footfall Trend Occ
Slide 16: New Stores at Coimbatore Mall
NEW STORES AT COIMBATORE MALL MI Home Raymond MTM Sapna Book House WOW Chicken 14
Slide 17: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 15
Slide 18: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Mall Anniversary - Ramp culture Radio City Kutty Star Season 2 Gala Kondattam Movie Promotion 16
Slide 19: Project Update - Coimbatore - Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ____________________________________ Coimbatore Residential (CGI) • ~1.9 m sqft of residential ____________________________________ • 7 towers of 18 floors comprising 1,152 apartments ____________________________________ • 3 towers of 18 floors comprising 54
Slide 20: Coimbatore Residential
COIMBATORE RESIDENTIAL Project Status as on Jun24 Project Status as on Sep24 Splendour Splendour Manhattan Manhattan 18
Slide 21: Project Update – Nagpur
PROJECT UPDATE – NAGPUR _____________________________________ • 0.5m sqft of retail space under Nagpur mall design (CGI) advanced stage of approvals • 0.39m additional development potential _____________________________________ • 4.5m catchment population _____________________________________ • 15.7
Slide 22: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual Actual 20
Slide 23: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population Actual Actual • Prominent business and industrial centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be developed in p
Slide 24: Disclaimer
DISCLAIMER Generic Disclaimer The following is a general overview of Prozone Realty Limited (the “Company”) and is qualified in its entirety by reference to the applicable offering memorandum, memorandum and articles of association or other constitutional documents and subscription agreement (togeth
Slide 25: Thank You
THANK YOU Email: info@prozonerealty.com Website: https://prozoneintu.com/ 23
Slide 26: Annexure
ANNEXURE 24
Slide 27: About Us
ABOUT US • Prozone Realty Ltd (Prozone) is set up to create, develop and manage world-class regional shopping centres and associated mixed-use developments Pan-India. BUSINESS • Prozone strategy is to participate and dominate in the retail space in Tier 2 and 3 cities in which robust urbanization is
Slide 28: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Business Strategy • Develop Large scale Land Parcels for Mixed Use development. • 75% of the Land to be developed as Residential & Commercial – Build & Sell model • 25% of the Land to be developed as Retail – Build & Lease Model • The Company foll
Slide 29: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Regional Malls Yield under own Lease Management Model Debt Free Large scale Assets land parcels FUTURE for mixed use Profits & GROWTH developments Shareholder Residential & Cash Value Commercial Sales Developments Model • Locations selected in hig
Slide 30: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Sep 24 23.39% 44.77% 28.83% 3.01% Promoters FDI FPI Others Key Investors Holding (%) ACACIA Group 3.01% Radhakishan Damani & Family 0.90% Sandeep Raheja & Family 1.40% Source: BSE 28