Slide 1: Creation, not construction.
Wj;.: Creation, 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
Slide 2: Q1 FY23 Results Presentation
Kolte-Patil Developers Limited Q1 FY23 Results Presentation 1
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 01 KPDL – Power Of Discipline 06 Abridged Cash Flows 02 CEO’s Message 07 P&L Snapshot 03 Operational Highlights 08 Project Portfolio 04 Priority Launches 09 Outlook 05 Performance Highlights 10 About Kolte-Patil Developers Ltd. 3
Slide 5: Power Of Discipline – Deliver More With Less
Power Of Discipline – Deliver More With Less Asset-light Sustained Successive ROCE ~13% Among the Consistently growth market years of (4-year healthiest positive leadership debt average) sectorial operating reduction sales cash flows throughputs Sound Diversifying Stronger Collections Sales and Benc
Slide 6: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~26 MSF Residential real estate player in of presence being incorporated Project portfolio - under Pune in 1991 execution, approval, land bank (Awarded as Most Reputed Brand in Pune) and DMA > 23 MSF ~13% A+/Positive (ICRA) A+/Stable (CRISIL) of
Slide 7: CEO's Message
CEO’s Message Commenting on the performance for Q1 FY23 Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said: We have entered FY23 carrying the momentum of the previous year that saw Kolte-Patil deliver in line with our stated pre-sales guidance in a weak operating environment largely on
Slide 8: Operational Highlights – Q1 FY23
Operational Highlights – Q1 FY23 New area sales Q1FY23 Q4FY22 Q1FY22 QoQ YoY FY22 FY21 YoY Volume (million sq. ft.) 0.61 0.78 0.40 -22% 53% 2.71 2.08 30% Value (Rs. million) 4,447 5,005 2,486 -11% 79% 17,390 12,010 45% Realization (Rs./sq. ft.) 7,260 6,418 6,261 13% 16% 6,407 5,785 11% Collections (
Slide 9: Sales & Collections – Ongoing Projects – Q1 FY23
Sales & Collections – Ongoing Projects – Q1 FY23 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. mn.) (Rs./sft.) (Rs. mn.) Life Republic Hinjewadi 0.12 662 5,417 932 Universe (R10), LR Hinjewadi 0.08 474 5,694 279 Giga Viman Nagar 0.07 648 8,825 - Stargaze Bavdhan 0.04 265 6,558
Slide 10: Region-wise Sales – Q1 FY23
Region-wise Sales – Q1 FY23 Total Area Total Sales Total Sold Value Collection 0.61 msf Rs. 4,447 mn Rs. 4,741 mn Total (Mumbai Projects) 0.07 msf Rs. 1,158 mn Rs. 939 mn Total (Pune Projects) Maharashtra 0.51 msf RS. 3,125 mn RS. 3,444 mn Karnataka Total (Bengaluru Projects) 0.03 msf RS. 164 mn Rs.
Slide 11: New Sales Analysis – Q1 FY23 And portfolio split
New Sales Analysis – Q1 FY23 And portfolio split msf. 0.31 0.35 0.56 0.85 0.40 0.67 0.86 0.78 0.61 41% 40% 30% 34% 34% 31% 31% 31% 29% 29% 23% 23% 23% 22% 22% 22% 21% 21% 20% 19% 19% 19% 18% 18% 17% 17% 17% 17% 16% 16% 16% 14% 14% 12% 12% 12% 11% 10% 10% 9% 9% 8% 8% 8% 5% Q1 FY21 Q2 FY21 Q3 FY21 Q4
Slide 12: Priority Launches
Priority Launches Total Saleable Area Regions Projects Location Use Topline Potential (msf.) Baner Baner Mixed Use 1.56 ~1,400 Cr Launches planned Kiwale Kiwale Residential 2.50 ~1,400 Cr across all 3 cities Pune Pimple Nilakh Pimple Nilakh Residential 0.80 ~800 Cr of presence – Tathawade (DMA) Tath
Slide 13: Judiciously building project pipeline for the next round of growth
Judiciously building project pipeline for the next round of growth Focused on meaningful additions to portfolio across Pune, Bengaluru and Mumbai Targeting acquisitions through outright/structured deals and JVs/JDAs with land owners / other developers FY23 FY22 Targeting acquisitions of 10 msf of
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 Value, Rs. Crore Sales Volume, msf APR, Rs./sft. 11% 1,739 2.71 6,407 2.70 45% 2.51 30% 5,765 5,785 1,432 5,302 5,309 1,331 2.09 2.08 1,198 1,201 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Collections, Rs. Crore Delivery, msf
Slide 16: Performance Highlights – Q1 FY23
Performance Highlights – Q1 FY23 Sales Value, Rs. Crore Sales Volume, msf APR, Rs./sft. Collections, Rs. Crore 13% 500 561 0.86 7,260 474 501 0.78 6,261 6,370 6,489 6,418 421 429 445 0.67 374 0.61 279 249 0.40 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 FY22 FY22 FY22 FY22 FY23 FY22
Slide 17: Abridged Cash Flows
Abridged Cash Flows Abridged Cash flows - (Rs. crore) Q1 FY23 FY22 Opening Balance* (A) 350 188 Operating Activities Collections 437 1516 Construction Cost -225 -739 Other Expenses -79 -225 Strategic Land Monetization 0 66 Direct & Indirect Taxes -29 -110 Operating Cashflow (B) 102 508 Financing Act
Slide 18: Consolidated Debt Profile
Consolidated Debt Profile Consolidated Debt Profile (Rs. crore) 30th June, 2022 31st Mar, 2022 CCM CCM Net Worth 981 959 Gross Debt 514 522 Less: OCD/CCD/OCPRS/Zero Coupon NCDs 91 100 Debt 423 421 Less: Cash & Cash Equivalents & Current Investments 280 290 Net Debt 143 131 Net Debt/Equity 0.15 0.14
Slide 19: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot Q1 Q4 Q1 P&L Snapshot (Rs. crore) QoQ YoY FY23 FY22 FY22 Revenue from Operations 200.1 376.1 197.3 -46.8% 1.4% EBITDA 46.9 40.5 62.5 15.9% -25.0% EBITDA Margin (%) 23.4% 10.8% 31.7% NA NA Profit before tax 40.1 33.8 46.4 18.6% -13.6% PBT Margin 20% 9% 24% NA NA
Slide 20: KPDL Project Portfolio – 30.06.22
KPDL Project Portfolio – 30.06.22 Gross Details (including partner’s share) Gross Details (including partner’s share) Ongoing & KPDL Ongoing & Under Projects KPDL Share Under Approval Land Bank Projects Land Bank Unsold Share Unsold Approval Vaayu 100% 0.07 - - Giga 100% 0.09 0.69 - Verve 100% 0.11
Slide 21: Business Outlook
Business Outlook 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, 3 n
Slide 22: Small to mid sized journey completed. Mid to large sized journey begins
Small to mid sized journey completed. Mid to large sized journey begins This is where we are This is where we wish to go Amongst India’s top five real Leading real estate brand in Pune estate players Double our sales while ~30% sales value from Mumbai R maintaining profitability and Bengaluru in Q1
Slide 23: Awards and Recognitions
Awards and Recognitions KPDL RECEIVED 60+ AWARDS IN THE LAST FIVE YEARS KPDL Awards Project Awards Trusted Brand of the Year, Residential Property India – Times Realty, 2021-22 24K Stargaze By Kolte Patil Innovative marketing Brand of the Year, Economic Times, 2018-19 Developers Limited, 2022- campa
Slide 24: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. 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 market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a trusted name with a reputat