Slide 1: Upward And Forward: Q2 FY24 Results Update Presentation
PROZONE REALTY LIMITED Upward Q2 FY24 RESULTS UPDATE PRESENTATION And Forward Nov 2023 Change of name: Change of name of the Company from ‘Prozone Intu Properties Limited’ to ‘Prozone Realty Limited’ got effective from May 25, 2023 and started getting reflected on Stock Exchanges from 4th Aug 2023.
Slide 2: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 3: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 2
Slide 4: Executive Summary
EXECUTIVE SUMMARY MALL ➢ Prozone Mall Aurangabad ➢ Retailer sales in Aurangabad mall were up 42% as compared to pre-covid Q2 of FY20. ➢ Leasing traction continues in Aurangabad mall. Four new stores spread over 5000 sq ft GLA commenced operations, including The John Players, Performax, Mia by Tanish
Slide 5: Key Highlights of Q2 FY24
KEY HIGHLIGHTS OF Q2 FY24 HIGHEST EVER HIGHEST EVER Quarterly Footfall Q2 Retailer Sales 7 mn 1842 mn Aurangabad & Coimbatore Aurangabad & Coimbatore REVENUE EBITDA 1060.5 mn 484.9 mn Consolidated H1 FY24 Consolidated H1 FY24 4
Slide 6: Results Highlights
RESULTS HIGHLIGHTS 01 Income from operations for H1FY24 stood at Rs 915.6 mn o H1FY24 Income from Mall stands at 537.9 mn which is up 7% over H1FY23. o H1FY24 Income from Real estate stands at 377.7 mn which is from Nagpur Resi, PTC in Aurangabad and Indore plotted development projects. 02 EBITDA wi
Slide 7: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q2 FY24 Q1 FY24 Q2 FY23 H1 FY24 H1 FY23 FY23 Revenue from Real Estate Projects^ 110.9 266.8 19.5 377.7 52.3 706.4 Lease Rental & Related Income 269.2 268.8 247.5 537.9 501.1 1,025.3 Total Income from operations 380.0 535.6 267.0 915.6 553.4 1,
Slide 8: Asset Snapshot
ASSET SNAPSHOT 7
Slide 9: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 8
Slide 10: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q2 FY24 Total Operational Area (lakh sq.ft.) 4.90 Total Leased Area (lakh sq.ft.) 5.26 Current Leasing Status 76% Number of Stores Leased 113 New Stores Opened in quarter 4 Number of Stores Under fit out 5 Consumption & Footfall Trend Occupanc
Slide 11: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL John Players Performax Mia by Tanishq Burnt UMBER 10
Slide 12: Brand Partners at Aurangabad Mall
BRAND PARTNERS AT AURANGABAD MALL 11
Slide 13: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL End of Season Sale Independence Day Ek Salam Desh ke Naam Blood Donation 12
Slide 14: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q2 FY24 Total Operational Area (lakh sq.ft.) 4.53 Total Leased Area (lakh sq.ft.) 4.56 Current Leasing Status 92% Number of Stores Leased 105 New Stores Opened in quarter 1 Number of Stores Under fit out 3 Consumption & Footfall Trend Occ
Slide 15: New Stores at Coimbatore Mall
NEW STORES AT COIMBATORE MALL Dominos 14
Slide 16: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 15
Slide 17: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Food Festival Mall 6th Year Anniversary Shopping Fest - Flea Bazaar Sri Eshwar Engineering College Activity 16
Slide 18: 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 19: Coimbatore Residential
COIMBATORE RESIDENTIAL Project Status as on Jun 2023 Project Status as on Sep 2023 Splendour Splendour Manhattan Manhattan 18
Slide 20: 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 21: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual 20
Slide 22: 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 23: 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 24: Thank You
THANK YOU Email: info@prozonerealty.com Website: https://prozoneintu.com/ 23
Slide 25: Annexure
ANNEXURE 24
Slide 26: 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 27: 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 28: 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 29: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Sep 2023 24.49% 41.32% 28.83% 5.36% Promoters FDI FPI Others Key Investors Holding (%) ACACIA Group 3.01% Radhakishan Damani & Family 0.90% Sandeep Raheja & Family 1.40% Source: BSE 28