Slide 1: Exchange filing cover letter
& Cf eation, not construction. 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, M
Slide 2: Q4 & FY21 Results Presentation
Kolte-Patil Developers Limited Q4 & FY21 Results Presentation Anti-Fragile The resilient resists shocks and stays the same; the Anti-Fragile gets better
Slide 3: Disclaimer
Disclaimer 2 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 3 1 KPDL – An Anti-Fragile Company 2 CEO’s Message 3 Operational & Performance Highlights 4 Launch Calendar 5 P&L / Balance Sheet Snapshot 6 Project-wise Details 7 Outlook 8 About Kolte-Patil Developers Ltd.
Slide 5: Anti-Fragile - Sustained sectorial outperformance across market cycles
Anti-Fragile - Sustained sectorial outperformance across market cycles 4 ROCE Among the ~14% healthiest (5-year sectorial average) sales throughputs Successive years of Consistently Debt Asset-light growth positive reduction operating Sustained market cash flows No dilution leadership Sound capital
Slide 6: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance 5 Leading 3 Decades ~29 MSF Residential real estate player in Pune of presence being incorporated in Project portfolio - under execution, (Awarded as Most Reputed Brand in Pune) 1991 approval and land bank and DMA >20 MSF ~14% A+/Stable of area delivered across Pu
Slide 7: CEO's Message
CEO’s Message 6 “KPDL has ended FY21 on a strong note, achieving a noteworthy turnaround in all key parameters in H2FY21. Despite operating in Pune and Mumbai, two cities which have been most impacted by the pandemic, compared to H1, our H2 collections were up 2.7x to Rs. 823 crore, H2 sales value u
Slide 8: Operational Highlights – Q4 FY21
Operational Highlights – Q4 FY21 7 New area sales Q4 FY21 Q3 FY21 Q4 FY20 QoQ YoY FY21 FY20 YoY Volume (million sq. ft.) 0.85 0.56 0.67 53.3% 27.1% 2.08 2.51 -17.2% Value (Rs. million) 5,109 3,316 3,581 54.1% 42.7% 12,010 13,309 -9.8% Realization (Rs./Sq. ft.) 5,988 5,961 5,333 0.5% 12.3% 5,785 5,30
Slide 9: Launch Calendar – Priority Launches in FY22
Launch Calendar – Priority Launches in FY22 8 Pune Projects Location Use Saleable Area (msf.) Baner Baner Mixed Use 1.33 Down Town Kharadi Residential / Retail 0.68 Wagholi Equa Wagholi Residential 0.25 Hi Mont Hinjewadi Residential 0.75 Tathawade Tathawade Residential / Retail 0.55 Launches plann
Slide 10: Judiciously building project pipeline for the next round of growth
Judiciously building project pipeline for the next round of growth 9 FY22 FY21 FY20 ≈ Signed two new projects with a FY19 ≈ Signed three new projects with a combined saleable area of ~1.3 combined saleable area of ~2.2 msf in msf in Pune (Hinjewadi, Pune (Baner, Moshi, Wagholi) under Tathawade) unde
Slide 11: Mumbai Presence - Expanding Footprint
Mumbai Presence - Expanding Footprint 10 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 Creati
Slide 12: Six ways we built a stronger Company over the last few years
Six ways we built a stronger Company over the last few years 11 We We sold a larger strengthened our cash number of flows through increased apartments in both collection efficiency, quicker launch as well as construction, faster sustenance phase sales and lower of projects debt We increased our We a
Slide 13: Performance Highlights – Last Five Years
Performance Highlights – Last Five Years 12 Sales Volume, msf Sales Value, Rs. Crore APR, Rs./sft. Delivery, msf 2.70 2.51 1,432 5,836 5,765 5,785 2.34 2.22 2.08 2.09 2.08 1,331 2.03 1.86 1,220 1,198 1,201 5,302 5,309 0.82 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY
Slide 14: Performance Highlights – Q4 FY21
Performance Highlights – Q4 FY21 13 Revenue, Rs. Crore EBITDA, Rs. Crore PAT, Rs. Crore Q4 FY20 280 Q4 FY20 55 Q4 FY20 31 Q1 FY21 77 Q1 FY21 -19 Q1 FY21 -32 Q2 FY21 170 Q2 FY21 7 Q2 FY21 -12 Q3 FY21 323 Q3 FY21 84 Q3 FY21 47 Q4 FY21 392 Q4 FY21 72 Q4 FY21 42 Note: The Company has adopted IND AS 115
Slide 15: Product-wise Sales
Product-wise Sales 14 1% 4% 17% 2% 3% 2% 2% 16% FY21 FY20 29% 29% 46% 47% Note: The category of ‘Others’ includes Duplex, Row House and Plots.
Slide 16: New Sales Analysis – Q4 FY21
New Sales Analysis – Q4 FY21 15 msf. 0.63 0.51 0.50 0.82 0.67 0.31 0.35 0.56 0.85 100% 8% 13% 9% 1% 10% 2% 9% 4% 9% 8% 5% 9% 11% 8% 17% 14% 12% 80% 16% 13% 38% 31% 22% 36% 41% 29% 60% 31% 42% 40% 63% 37% 31% 40% 34% 43% 23% 29% 20% 13% 16% 12% 19% 18% 16% 21% 17% 11% 9% 0% Q4 FY19 Q1 FY20 Q2 FY20 Q3
Slide 17: Abridged Cash Flows
Abridged Cash Flows 16 Q4 FY21 FY21 Abridged Cash flows - (Rs. crore) (Un-Audited) (Un-Audited) Opening Balance 131 97 Operating Activities Collections 419 1,081 Construction Cost -153 -433 Other Expenses -52 -167 Direct & Indirect Taxes -35 -68 Operating Cashflow 179 413 Financing Activities Intere
Slide 18: Consolidated Debt Profile
Consolidated Debt Profile 17 Consolidated Debt Profile (Rs. 31st March, 2021 31st December, 2020 31st March, 2020 crore) CCM POCM^ CCM POCM^ CCM POCM^ Net Worth 894 1,277 884 1,236 905 1,229 Gross Debt 665 665 691 691 728 728 Less: OCD / CCD / OCRPS / 190 190 197 197 196 196 Zero Coupon NCD* Debt 47
Slide 19: Revenue Recognition – Q4 FY21 vs Q4 FY20
Revenue Recognition – Q4 FY21 vs Q4 FY20 18 Q4 FY21 – Rs. 296 crore ^Q4 FY21 – Rs. 392 crore ^Q4 FY20 – Rs. 280 crore (CCM) (POCM) (POCM) Life Republic 25% Life Republic 28% Opula 39% Bengaluru Projects 14% Bengaluru Projects 14% Centria 9% Western Avenue 24% Western Avenue 13% Ivy Estate 8% Ivy Est
Slide 20: Revenue Recognition – FY21 vs FY20
Revenue Recognition – FY21 vs FY20 19 FY21 – Rs. 692 crore FY21 – Rs. 962 crore FY20 – Rs. 1,226 crore (CCM) (POCM) (POCM) Mumbai Projects 24% Life Republic 29% Life Republic 24% Bengaluru Projects 13% Western Avenue 16% Opula 18% Strategic Monetization 9% Opula 13% Ivy Estate 8% Bengaluru Projects
Slide 21: Profit and Loss Snapshot – Q4 FY21 vs Q4 FY20
Profit and Loss Snapshot – Q4 FY21 vs Q4 FY20 20 P&L Snapshot (Rs. crore) Q4 FY21* Q4 FY20 Q4 FY21 Q4 FY20^ YoY Reported Reported Revenue Recognition Method POCM POCM POCM CCM CCM Revenue from Operations 296.1 221.7 391.9 279.8 40.0% Cost of materials consumed 211.4 175.5 268.8 182.1 47.6% Employee
Slide 22: Profit and Loss Snapshot – FY21 vs FY20
Profit and Loss Snapshot – FY21 vs FY20 21 P&L Snapshot (Rs. crore) FY21* FY20 FY21 FY20^ YoY Reported Reported Revenue Recognition Method POCM POCM POCM CCM CCM Revenue from Operations 691.7 1,129.5 961.9 1,226.2 -21.6% COMMENTS(POCM) Cost of materials consumed 496.3 732.7 671.9 806.9 -16.7% Employ
Slide 23: Sales & Collections – Ongoing Projects – Q4 FY21
Sales & Collections – Ongoing Projects – Q4 FY21 22 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. mn.) (Rs./sft.) (Rs. mn.) Life Republic Hinjewadi 0.16 797 4,896 1,600 Universe (R10),LR Hinjewadi 0.17 972 5,575 99 Ivy Estate Wagholi 0.06 244 4,254 338 Tuscan Kharadi - - - 147
Slide 24: KPDL Project Portfolio – 31.03.21
KPDL Project Portfolio – 31.03.21 23 Gross Details Gross Details (including partner’s share) (including partner’s share) Ongoing & Under Ongoing & Under Projects KPDL Share Land Bank Projects KPDL Share Land Bank Unsold Approval Unsold Approval Jai Vijay 100% 0.03 - - Jazz II (Opula) 100% 0.00 - - E
Slide 25: Business Outlook
Business Outlook 24 Sector consolidation Diversifying geographical presence Efficient capital deployment • First round of consolidation resulted from • 10 society redevelopment projects in Mumbai • Continue to evaluate strategic and financial implementation of RERA and GST benefiting - 2 completed,
Slide 26: KPDL Awards
25 KPDL Awards 2020- 21 Top Developer Of The Year India’s Top Challengers 2019-20 by Times Real Estate Icons West 2020 by Construction World Global Awards Online
Slide 27: KPDL Awards
26 Integrated Township of the Year - LR by Realty+ Conclave & Excellence Awards- West 2020 KPDL Awards 2020- 21 Top Township projects (above 350 acres)- LR by Times Real Estate Icons West 2020
Slide 28: Project Awards
27 Project Awards Project Launch of the Year – Universe at LR by Realty+ conclave & Excellence Awards- Pune’21
Slide 29: Brand, Marketing Awards
28 Brand, Marketing Awards India’s Most Trusted Real Estate Brand by TRA’s Brand Trust Report 2020
Slide 30: Brand, Marketing Awards
29 Brand Excellence Brand, in Real Estate Marketing Sector Awards by ABP News
Slide 31: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. 30 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 For further information, market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a
Slide 32: Thank You
Creation, not Construction THANK YOU