Prestige Estates Projects Limited · NSE:PRESTIGE
Prestige Estates Projects — Q4 FY16 Earnings Presentation
76 slides from Prestige Estates Projects's earnings presentation, 2016
Slide 1: Recent Launch: Prestige Fairfield, Bengaluru
RECENT LAUNCH | PRESTIGE FAIRFIELD, BENGALURU (ARTISTIC VIEW) 1
Slide 2: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 2
Slide 3: About Prestige
ICRA A+, Diversified Cash 65 ICRA A1+ Flows from Various Ongoing Projects Segments spanning Credit rating by Over 70.45 Mnsf of ICRA Area Over 28 Years 195 Completed projects CRISIL DA1 rated Developer Strong Associations with of Legacy spanning across 67 by CRISIL Mnsf of Developed Various Banks &
Slide 4: Residential, Commercial, Retail, Hospitality and Services
Integrated Plotted RESIDENTIAL Apartments Villas Townships Developments Built to suit COMMERCIAL Office Space Campuses SEZs IT Parks RETAIL Malls LOGISTICS Warehousing Serviced HOSPITALITY Resorts Apartments Hotels Food Courts Sub leasing & Interior Design Facilities & Project & Construction SERVICE
Slide 5: Project portfolio by segment
Areas are in Million Sqft PLOTTED RESIDENTIAL COMMERCIAL RETAIL HOSPITALITY TOTAL DEVELOPMENT PARTICULARS Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area COMPLETED 75 24.22 100 29.15 6 4.81 6 1.37 8 7.42 195 67 PROJECTS ONGOING 50 60.37 6 4.97 6 3.04 3 2.07 0 0.00 65 70 PROJECTS UPCOMING
Slide 6: Shareholding as on 31 March 2016
As on 31st March 2016 70% 24% 5% 1% Promoters FIIs Mutual Funds Retail 6 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 7: Board of Directors
Irfan Razack Rezwan Razack Noaman Razack Uzma Irfan Chairman & Managing Joint Managing Director Wholetime Director Director Director Dr. Pangal Ranganath Jagdeesh K. Reddy B.G. Koshy Noor Ahmed Jaffer Independent Independent Independent Nayak Independent Director Director Director Director 7 PRESTIG
Slide 8: Executive Directors
Faiz Rezwan Zackria Hashim Zaid Sadiq Anjum Jung Executive Director- Executive Director- Land Executive Director- Executive Director- Interior Contracts & Projects Acquisition Liasion & Hospitality Design Zayd Noaman Nayeem Noor Omer Bin Jung V. Gopal Executive Director- CMD’s Executive Director- Ex
Slide 9: Executive Directors
Ravinda Jain Suresh Singaravelu Swaroop Anish Executive Director- Executive Director- Retail, Executive Director- Business Contracts Hospitality & Business Development Expansion Arvind Pai Venkat K Narayan Executive Director- Legal Executive Director- Finance & CFO 9 PRESTIGE GROUP | Investor Presen
Slide 10: Awards & Recognition
AWARDS & RECOGNITION 200+ MOST TOP INDIAN CERTIFICATE AWARDS SINCE ADMIRED REAL ESTATE OF INCEPTION SHOPPING COMPANY EXCELLENCE 30+ DURING FY16 CENTER ADMIRED MOST BUILDER OF DEVELOPER BRAND OF PROMISING THE YEAR OF THE ASIA BRAND YEAR …AND MANY MORE 10 PRESTIGE GROUP | Investor Presentation | March
Slide 11: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 11
Slide 12: Target for Full Year FY16 vs Achieved
Value in ₹ Million Volume in Mnsqft TARGET FOR FULL YEAR ACHIEVED PARTICULARS % ACHIEVED FY16 FY16 New Sales Value* 30,000 31,498 105% Turnover 40,000 – 42,000 47,182 118% Collections 37,500 – 40,000 39,513 105% Launch Volume 12.00 8.35 70% Completions 15.00 4.71 31% Leasing Volume 1.50 - 2.00 1.32
Slide 13: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 13
Slide 14: Operational highlights Q4FY16
1. Q4FY16, Best operational performance in the last 4 quarter 2. New sales of ₹ 31,498 Mn (PG share 26,329 Mn) in FY16, Q4FY16 New sales of ₹ 12,411 Mn (PG share ₹ 9,889 Mn) 3. Collections of ₹ 39,513 Mn (PG share ₹ 32,800 Mn) in FY16, Q4FY16 collections of ₹ 10,380 Mn (PG share ₹ 8,624 Mn) 4. Recor
Slide 15: Operational metrics: Prestige Share
Value in ₹ Million Volume in Mnsqft Particulars Q4FY16 Q4FY15 Q3FY16 FY16 FY15 New Sales value 12,411 11,109 5,884 31,498 50,135 New Sales Volume 1.93 1.46 1.00 5.01 7.73 Avg Realization/Sft 6,424 7,626 5,889 6,286 6,489 TOTAL Collections 10,380 11,155 9,347 39,513 38,843 Leasing Volume 0.40 0.58 0.
Slide 16: Projects launched and completed
Developable Economic Prestige Sl.No Project Launched Location Segment LAUNCHED Area (Mnsf) Interest Share (Mnsf) 1 Prestige Song of South Bengaluru Residential 2.28 69% 1.57 Q1FY16 2 Prestige Hillside Gateway Cochin Residential 1.55 70% 1.09 Q2FY16 3 Prestige Kew Gardens Bengaluru Residential 1.71 6
Slide 17: Sales by segment Q4FY16
Areas are in Million Sqft Values are in Million ₹ Q4FY16 Q4FY15 Q3FY16 FY16 FY15 PARTICULARS Area Units Value Area Units Value Area Units Value Area Units Value Area Units Value RESIDENTIAL MID INCOME SEGMENT 1.08 721 6,975 0.94 569 5,828 0.76 476 3,928 3.33 2,136 19,913 5.42 3,419 32,236 PREMIUM SE
Slide 18: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 18
Slide 19: Standalone financial highlights
Values are in Million ₹ Q4 Q4 Q3 PARTICULARS FY16 FY15 FY16 FY16 FY15 TURNOVER 7,014 7,426 5,720 27,705 25,730 EBIDTA 1,239 2,113 1,436 6,637 8,210 EBIDTA % 18% 28% 25% 24% 32% PAT 598 1,138 649 3,618 4,142 PAT % 9% 15% 11% 13% 16% D/E RATIO 0.65 0.47 0.64 0.65 0.47 19 PRESTIGE GROUP | Investor Pres
Slide 20: Standalone balance sheet: equity and liabilities
Particulars 31-Mar-16 31-Dec-15 31-Mar-15 Values are in Million ₹ I. EQUITY AND LIABILITIES (1) Shareholders’ funds (a) Share capital 3,750 3,750 3,750 (b) Reserves and surplus 38,204 38,151 35,195 41,954 41,901 38,945 (2) Non-current liabilities (a) Long-term borrowings 10,369 11,615 3,363 (b) Defe
Slide 21: Standalone balance sheet: assets
Values are in Million ₹ Particulars 31-Mar-16 31-Dec-15 31-Mar-15 II. ASSETS (1) Non-current assets (a) Fixed assets (i)Tangible assets 6,270 5,688 5,291 (ii)Capital work-in-progress 3,772 3,442 2,813 10,042 9,130 8,104 (b) Non-current investments 11,089 10,944 10,644 (c) Deferred tax assets (Net) -
Slide 22: Standalone profit and loss statement
Values are in Million ₹ Quarter ended Year ended Particulars 31-Mar-16 31-Dec-15 31-Mar-15 31-Mar-16 31-Mar-15 (I) Revenue from Operations 6,803 5,397 7,106 26,560 24,496 (II) Other Income 211 323 320 1,145 1,234 (III) Total Revenue - (I+II) 7,014 5,720 7,426 27,705 25,730 (IV) Expenses Purchases of
Slide 23: Standalone financial ratios
Values are in Million ₹ Quarter ended Year Ended 31-Mar-16 31-Dec-15 31-Mar-15 31-Mar-16 31-Mar-15 Ratio Ratio Ratio Ratio Sl. No. Particulars (Unaudited) % (Unaudited) Ratio/% (Unaudited) % (Audited) % (Audited) % 1 Sale of Projects & Property Income 6,803 5,397 7,106 26,560 24,496 2 Other Income 2
Slide 24: Standalone financial ratios (continued)
Values are in Million ₹ Quarter ended Year Ended 31-Mar-16 31-Dec-15 31-Mar-15 31-Mar-16 31-Mar-15 Ratio Ratio Ratio Ratio Sl. No. Particulars (Unaudited) % (Unaudited) Ratio/% (Unaudited) % (Audited) % (Audited) % 12 Tax 51 107 329 415 1,763 13 PAT 598 9% 649 11% 1,138 15% 3,618 13% 4,142 16% 14 EP
Slide 25: Consolidated financial highlights
Values are in Million ₹ Q4 Q3 Particulars FY16 FY16 FY16 FY15 Turnover 11,267 10,002 47,182 35,184 EBIDTA 2,397 2,487 11,262 10,925 EBIDTA % 21% 25% 24% 31% PAT 718 729 3,949 3,667 PAT % 6% 7% 8% 10% D/E Ratio 1.14 1.10 1.14 0.76 Average Cost of Debt 11.25% 11.50% 11.25% 12.50% 25 PRESTIGE GROUP | I
Slide 26: Consolidated balance sheet: equity and liabilities
Values are in Million ₹ Particulars 31-Mar-16 31-Dec-15 31-Mar-15 I. EQUITY AND LIABILITIES (1) Shareholders’ funds (a) Share capital 3,750 3,750 3,750 (b) Reserves and surplus 36,660 36,624 33,757 (c) Capital reserve arising on consolidation 1,029 699 699 41,439 41,073 38,206 (2) Minority interest
Slide 27: Consolidated balance sheet: assets
Values are in Million ₹ Particulars 31-Mar-16 31-Dec-15 31-Mar-15 II. ASSETS (1) Non-current assets (a) Fixed assets (i)Tangible assets 30,582 31,019 25,033 (ii)Intangible assets 67 28 28 (iii)Capital work-in-progress 9,597 9,859 7,756 40,246 40,906 32,817 (b) Goodwill (arising on consolidation) 8,9
Slide 28: Consolidated profit and loss statement
Values are in Million ₹ Quarter ended Year ended Particulars 31-Mar-16 31-Dec-15 31-Mar-16 31-Mar-15 (I) Revenue from Operations 11,071 9,804 46,344 34,198 (II) Other Income 196 198 838 986 (III) Total Revenue - (I+II) 11,267 10,002 47,182 35,184 (IV) Expenses Cost of sales on projects 6,196 4,965 2
Slide 29: Consolidated financial ratios
Values are in Million ₹ Quarter ended Year Ended 31-Mar-16 31-Dec-15 31-Mar-16 Ratio/% 31-Mar-15 Sl. No. Particulars (Unaudited) Ratio/% (Unaudited) Ratio/% (Audited) (Audited) Ratio/% 1 Sale of Projects & Property Income 11,071 9,804 46,344 34,198 2 Other Income 196 198 838 986 3 Total Income 11,26
Slide 30: Consolidated financial ratios (continued)
Values are in Million ₹ Quarter ended Year Ended 31-Mar-16 31-Dec-15 31-Mar-16 Ratio/% 31-Mar-15 Sl. No. Particulars (Unaudited) Ratio/% (Unaudited) Ratio/% (Audited) (Audited) Ratio/% 13 PAT 718 6% 729 7% 3,949 8% 3,667 10% 14 Share of profit / (loss) from associates (38) 19 (66) 7 15 Minority (99)
Slide 31: Revenue recognition by project
Values are in Million ₹ Total sales value of Cumulative Balance turnover unit sold as at turnover declared to be declared on Expected timeline Sl.No Projects 31-Mar-2016 upto 31-Mar-2016 POC for 25% trigger A Residential Projects 1 Prestige Bellavista 10,026 9,816 210 - 2 Prestige Tranquility 9,657
Slide 32: Revenue recognition by project
Values are in Million ₹ Total sales value of Cumulative Balance turnover unit sold as at turnover declared to be declared on Expected timeline Sl.No Projects 31-Mar-2016 upto 31-Mar-2016 POC for 25% trigger 13 Prestige Downtown 1,093 779 314 - 14 Prestige Augusta Golf Village 5,779 2,645 3,134 - 15
Slide 33: Revenue recognition by project
Values are in Million ₹ Total sales value of Cumulative Balance turnover unit sold as at turnover declared to be declared on Expected timeline Sl.No Projects 31-Mar-2016 upto 31-Mar-2016 POC for 25% trigger Prestige Falcon City Buy 27 Back 1,719 - 1,719 FY 17 Prestige Falcon City Buy 28 Back 2 572 -
Slide 34: Revenue recognition by project
Values are in Million ₹ Total sales value of Cumulative Balance turnover unit sold as at turnover declared to be declared on Expected timeline Sl.No Projects 31-Mar-2016 upto 31-Mar-2016 POC for 25% trigger 42 Hillside Gateway 1,484 - 1,484 FY 18 43 Prestige Kew Gardens 2,308 - 2,308 FY 18 44 Presti
Slide 35: Receivables: completed projects
Values are in Million ₹ Opening Balance as at Closing Balance Name of the Project New Sales / Adjustment Amount Realised 01-Jan-2016 as at 31-Mar-2016 Completed Projects Prestige Oasis 104 161 195 70 Prestige Shantiniketan 46 26 35 37 Prestige Neptunes Court Yard 23 87 83 27 Prestige Tech Park Phase
Slide 36: Receivables: completed projects
Values are in Million ₹ Opening Balance as at Closing Balance Name of the Project New Sales / Adjustment Amount Realised 01-Jan-2016 as at 31-Mar-2016 Prestige Tech Platina 1,156 103 273 985 Prestige West Holmes 27 9 4 31 Prestige Trinity Centre 51 - 12 40 Prestige SilverCrest 21 47 19 48 Prestige P
Slide 37: Receivables: ongoing projects
Values are in Million ₹ Opening Balance as Incremental POC Closing Balance as Name of the Project POC Adjustment Amount Realised at 01-Jan-2016 Turnover at 31-Mar-2016 Ongoing Projects Prestige Edwardian 85 18 4 - 99 Prestige Golfshire 588 (3) (83) 228 440 Prestige White Meadows 1,137 211 165 66 1,1
Slide 38: Receivables: ongoing projects
Values are in Million ₹ Opening Balance as Incremental POC Closing Balance as Name of the Project at 01-Jan-2016 Turnover POC Adjustment Amount Realised at 31-Mar-2016 Prestige Westwoods 131 214 (71) 280 135 Prestige Downtown 172 116 (14) 161 142 Prestige Augusta Golf Village 13 379 55 311 26 Presti
Slide 39: Receivables: other ongoing projects
Values are in Million ₹ Opening Balance as Incremental POC Closing Balance as Name of the Project at 01-Jan-2016 Turnover POC Adjustment Amount Realised at 31-Mar-2016 Other Ongoing Projects Prestige Spencer Heights - - - 1 - Prestige Falcon City - - - 812 - Prestige Alta Vista Falcon City - - 134 P
Slide 40: Receivables: other ongoing projects
Values are in Million ₹ Opening Balance as Incremental POC Closing Balance as Name of the Project at 01-Jan-2016 Turnover POC Adjustment Amount Realised at 31-Mar-2016 Prestige North Point - - - 4 - Prestige Wood Side - - - 13 - Prestige Gulmohar - - - 172 - Prestige Song of the south - - - 127 - Pr
Slide 41: Debt profile
Particulars Standalone % Consolidated * % Values are in Million ₹ Secured Loan 30,819 100.0% 56,832 100.0% a. Project Debt - Resi & Comm 14,384 46.7% 17,376 30.6% b. Capex Loans - - - Office Space 1,955 6.3% 1,955 3.4% - Retail - 0.0% 908 1.6% - Hospitality 2,527 8.2% 4,795 8.4% c. Rental Securitisa
Slide 42: Existing rental income as on 31 March 2016
Area in Mnsqft Value in ₹ Mn Total Economic Area Leased Sl. No Project Name Segment Rent Per Sft Rent P.A Leasable Area Interest Prestige Share Existing Rental Income as on 31st March 2016 1 Prestige Estates Projects Limited Commercial 1.90 1.90 1.90 38 866 2 West Palm Developers Pvt Ltd Commercial
Slide 43: Rental income by March 2017
Area in Mnsqft Value in ₹ Mn Total Area in Million Economic Area Leased Rentsqft P.A Sl. No Project Name Segment Leasable Rent Per Sft Interest Prestige Share (Annualised) Area 13 Forum Mall Sujana Hyderabad Retail 0.82 0.20 0.20 80 193 14 Forum Mall Mangalore Retail 0.66 0.23 0.23 40 111 15 SKN Com
Slide 44: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PORTFOLIO UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 44
Slide 45: Ongoing projects by geography and segment
Hospitality Mysuru Retail Hyderabad 3% 1% 4% Cochin 5% Commercial 5% 7% GEOGRAPHY Chennai 8% SEGMENT Residential Bengaluru 86% 81% Residential Commercial Retail Hospitality Bengaluru Chennai Cochin Hyderabad Mysuru No. of Developable No. of Developable Segment City Projects Area (Mnsf) Projects Area
Slide 46: Upcoming projects by geography and segment
Ahmedabad Pune 1% Retail, 4% Hyderabad 3% 9% Mangaluru 4% Commercial, 29% Cochin GEOGRAPHY 4% SEGMENT Chennai 10% Bengaluru 69% Residential, 68% Bengaluru Chennai Cochin Mangaluru Hyderabad Ooty Pune Ahmedabad Residential Commercial Retail Developable Area City No. of Projects Developable (Mnsf) Seg
Slide 47: Ongoing residential projects
Developable Economic Prestige Share Prestige Share Sl.No Project City Area (Mnsf) Interest (Mnsf) No of Units of Units 1 Prestige Golfshire Bengaluru 1.75 100.00% 1.75 228 228 2 Prestige White Meadows -T3/T4 Bengaluru 1.04 100.00% 1.04 151 151 3 Prestige Royal Woods Hyderabad 0.63 50.00% 0.32 152 76
Slide 48: Ongoing residential projects
Developable Economic Prestige Share Prestige Share Sl.No Project City Area (Mnsf) Interest (Mnsf) No of Units of Units 16 Prestige Misty Waters Bengaluru 1.22 51.00% 0.62 558 285 17 Prestige Brooklyn Heights Bengaluru 0.30 62.00% 0.19 94 58 18 Prestige Spencer Heights Bengaluru 0.11 100.00% 0.11 34
Slide 49: Ongoing residential projects
Developable Economic Prestige Share Prestige Share Sl.No Project City Area (Mnsf) Interest (Mnsf) No of Units of Units 31 Prestige Gulmohar Bengaluru 0.87 51.00% 0.44 404 206 32 Prestige Leela Residences Bengaluru 0.53 60.00% 0.32 88 53 33 Prestige Ivy League Hyderabad 0.97 60.00% 0.58 349 209 34 Pr
Slide 50: Ongoing residential projects
Developable Economic Prestige Prestige Sl.No Project City Area (Mnsf) Interest Share (Mnsf) No of Units Share of Units 46 Prestige Hillside Gateway Cochin 1.55 70.00% 1.09 629 440 47 Prestige Kew Gardens Bengaluru 1.71 60% 1.03 979 587 48 Prestige Fairfield Bengaluru 0.54 27.03% 0.15 165 45 49 Prest
Slide 51: Ongoing commercial and retail projects
Developable Economic Prestige Share COMMERCIAL Sl. No Project City Area (Mnsf) Interest (Mnsf) 1 Prestige Trade Towers Bengaluru 0.62 45.00% 0.28 2 Cessna Business Park B9-B11 Bengaluru 1.98 85.00% 1.68 3 Prestige TMS Square Cochin 0.17 58.00% 0.10 4 Prestige Falcon Towers Bengaluru 0.49 45.00% 0.22
Slide 52: Ongoing hospitality projects
Developable Economic Prestige Share Sl. No Project City Area (Mnsf) Interest (Mnsf) No. of Keys 1 Conrad (Hilton) Bengaluru 0.49 100.00% 0.49 285 2 Sheraton Hotel & Convention Center Bengaluru 0.65 100.00% 0.65 360 3 Marriott Hotel & Convention Centre Bengaluru 0.93 100.00% 0.93 297 Total - D 2.07 2
Slide 53: Upcoming residential projects
Developable Economic Prestige Share Sl.No Project City Area (Mnsf) Interest (Mnsf) 1 Prestige Greenmoor Bengaluru 0.67 25.00% 0.17 2 Prestige Hillcrest Ooty 0.07 50.00% 0.04 3 Prestige Lakeside Habitat Phase III Bengaluru 3.29 69.30% 2.28 4 Prestige Primerose Hills Bengaluru 2.02 62.00% 1.25 5 Prest
Slide 54: Upcoming residential projects
Developable Economic Prestige Share Sl.No Project City Area (Mnsf) Interest (Mnsf) 15 Prestige Jindal Property Bengaluru 4.65 37.23% 1.73 16 Prestige Verdant Vistas Mangaluru 0.29 60.00% 0.17 17 Prestige High Fields Phase II Hyderabad 4.26 68.34% 2.91 18 Song of south Ph II Bengaluru 2.28 69.04% 1.5
Slide 55: Upcoming commercial projects
Developable Economic Prestige Share Sl. No Project City Area (Mnsf) Interest (Mnsf) 1 Prestige Tech Cloud Bengaluru 4.48 73.93% 3.31 2 Prestige Tech Park IV Bengaluru 1.55 90.00% 1.40 3 Prestige Tech Pacifica Park Bengaluru 1.65 62.95% 1.04 4 Prestige Central Street Bengaluru 0.18 55.00% 0.10 5 Moun
Slide 56: Upcoming retail projects
Developable Area Economic Prestige Share Sl. No Project City (Mnsf) Interest (Mnsf) 1 Prestige Hillside Gateway Cochin 0.52 70.00% 0.36 2 Falcon City Forum Mall Bengaluru 1.26 35.70% 0.45 Total - C 1.78 0.81 GRAND TOTAL - A+B+C 47.73 29.89 56 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 57: Land bank
Land Area PEPL Share Sl. No Entity Name Location (Acres) Economic Interest (Acres) 1 Prestige Bidadi Holdings Pvt Ltd Bidadi 143 100% 143 2 Prestige Projects Pvt Ltd Sarjapur/Bengaluru 182 33% 59 3 Prestige Garden Resorts Pvt Ltd Bengaluru 7 100% 7 4 Prestige Estates Projects Ltd Bengaluru 2 100% 2
Slide 58: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 58
Slide 59: Net cash flows of ongoing projects
As on March 31, 2016 REVENUE Areas are in Million Sqft GENERATING Values are in Million ₹ PROJECTS Sales Cost Developable Area 64.67 Car Park Area 14.94 146,138 Saleable Area 49.73 Partner Share Prestige Share Already Balance to Value NA Value 2,40,637 Incurred be spent Area 11.72 Area 38.01 78,495
Slide 60: Unsold stock by category
As on March 31, 2016 Areas are in Million Sqft Values are in Million ₹ CATEGORY AREA VALUE PREMIUM & LUXURY PROJECTS 2.45 26,288 MID INCOME PROJECTS 7.83 50,263 COMMERCIAL PROJECTS 0.80 4,747 COMPLETED PROJECTS 0.60 4,507 TOTAL 11.68 85,804 60 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 61: Upcoming revenue generating projects
As on March 31, 2016 Areas are in Million Sqft UPCOMING Values are in Million ₹ REVENUE GENERATING PROJECTS* Sales Cost Developable Area 32.28 Car Park Area 9.11 67,388 Saleable Area 23.17 Surplus 29,236 Partner Share Prestige Share RD Recovery Value NA Value 94,424 22,00 Area 7.59 Area 15.58 *Estim
Slide 62: Office space
As on March 31, 2016 Areas are in Million Sqft Values are in Million ₹ OFFICE SPACE UNDER UPCOMING TOTAL OPERATING CONSTRUCTION Leasable Area Leasable Area Leasable Area 8.14 2.51 9.04 19.69 Prestige Share Prestige Share Prestige Share Leasable Area Leasable Area Leasable Area 15.73 7.39 1.74 6.60 G
Slide 63: Retail
As on March 31, 2016 Areas are in Million Sqft Values are in Million ₹ RETAIL UNDER OPERATING CONSTRUCTION UPCOMING TOTAL Leasable Area Leasable Area Leasable Area 2.86 6.13 1.93 1.34 Prestige Share Prestige Share Prestige Share Leasable Area Leasable Area Leasable Area 2.69 1.18 0.90 0.61 Gross Ren
Slide 64: Hospitality
As on March 31, 2016 Values are in Million ₹ HOSPITALITY OPERATING UNDER TOTAL CONSTRUCTION Total Keys Total Keys 617 1,559 942 Prestige Share Prestige Share Keys Keys 1,347 405 942 Gross Operating Gross Operating Income p.a Income p.a 3,337 1,219 2,119* Prestige Share Prestige Share Income p.a Inco
Slide 65: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS|RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 65
Slide 66: Awards and recognitions
Best Residential Project in Bengaluru City under Affordable-Segment category PRESTIGE GROUP | Investor Presentation | March 2016 Prestige Park view Indian Eco Friendly & Most Admired Hotel Brand of the Year Aloft Hotel Premium Villa Project of the year Prestige Silver Oak & Prestige Oasis 66
Slide 67: Awards and recognitions
Developer award - Ultra Luxury project of the year Women achiever of the year Ms. Uzma Irfan Prestige Golfshire 67 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 68: Awards and recognitions
City Properties - Best property Management Company of the year UB City recognized for Shopping Centre and Mall Awards 68 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 69: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 69
Slide 70: Project status
PRESTIGE FERNS RESIDENCY KINGFISHER TOWERS PRESTIGE TEMPLE BELLS PRESTIGE EDWARDIAN PRESTIGE WEST WOODS PRESTIGE BELLA VISTA 70 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 71: Project status
PRESTIGE MISTY WATERS PRESTIGE LAKESIDE HABITAT PRESTIGE DOWNTOWN PRESTIGE WHITE MEADOWS PRESTIGE MAYBERRY PRESTIGE JADE PAVILION 71 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 72: Project status
PRESTIGE FALCON CITY PRESTIGE FALCON TOWER SHERATON HOTEL CONRAD HOTEL PRESTIGE HERMITAGE SHANTINIKETAN MALL 72 PRESTIGE GROUP | Investor Presentation | March 2016
Slide 73: Index
INDEX. 1. ABOUT PRESTIGE 2. GUIDANCE VS ACHIEVED 3. OPERATIONAL HIGHLIGHTS 4. FINANCIAL HIGHLIGHTS 5. PROJECT PORTFOLIO & UPDATE 6. RECEIVABLES PROFILE 7. AWARDS & RECOGNITIONS 8. PROJECT STATUS 9. WAY FORWARD 73
Slide 74: Target for Full Year FY17
Area in Mnsqft Value in ₹ Mn TARGET FOR FULL YEAR PARTICULARS FY17 New Sales Value 35,000 – 40,000 Turnover 40,000 - 45,000 Collections 40,000 – 45,000 Launch Volume 10 – 12 Completions 10 – 12 Leasing Volume 1.5 – 2.0 Exit Rental Income 6,000 – 6,250 Debt Equity Ratio Consolidated 1.00 – 1.25 Stand
Slide 75: Disclaimer
This presentation has been prepared by Prestige Estates Projects Limited (“Company”) solely for providing information about the Company. It contains certain forward looking statements concerning Prestige Estates Projects Ltd’s future business prospects and business profitability, which are subject t
Slide 76: Contact
Venkata K. Narayana Executive Director, Finance & CFO Phone: +91 -80 – 25001280 E-mail: investors@prestigeconstructions.com Registered Office Prestige Estates Projects Limited The Falcon House, No. 1, Main Guard Cross Road, Bangalore –560 001 Phone: +91 -80 –25591080, Fax: + 91 –80 - 25591945 Websit
Prestige Estates Projects — Q4 FY16 Earnings Presentation on 6ix