Slide 1: Investor Presentation Q1FY21
Investor Presentation For the quarter ended 30th June, 2020 / Q1FY21 RESIDENTIAL SEGMENT SHOPPING MALLS Townships, Apartments, Under the brand “Forum” Luxury villas, Mansions, Row houses & Golf course GRADE A OFFICE LUXURY HOTELS Smart office Collaboration with the spaces in prime localities top bra
Slide 2: Presentation Index
Presentation Index Q1FY2021 1 2 3 KEY HIGHLIGHTS SEGMENT REVIEW ABOUT PRESTIGE 1.Operational Highlights 1.Residential 1.Scale 2.Financials Highlights 2.Office 2.Business Model 3.Segment Review 3.Shopping Malls 3.Shareholding 4.Debt Profile 4.Hospitality 4.Board & Management 5.Property Management Pic
Slide 3: Operational Highlights Q1FY21
OPERATIONAL HIGHLIGHTS|Q1FY21 SALES VALUE SALES VOLUME ₹4,610 PG share- ₹ 3,982 mn 0.65 PG share- 0.56 mnsf Mn Mn sf COLLECTIONS Rental Income,PG ₹7,309 PG share- ₹ 5,751 mn ₹1,836 Office Mn Mn Retail Pictures shot at location, Prestige Group Development 3
Slide 4: Financial Highlights Q1FY21
FINANCIAL HIGHLIGHTS|Q1FY21 ₹12,963 REVENUE ₹4,617 EBITDA Mn Mn Margins ₹200 PAT 35.6% PATM- 1.5% Mn EBITDA Pictures shot at location, Prestige Group Development
Slide 5: Debt Profile
Debt Profile 10% 17% 9% Project Debt - Resi DER at 1.50x Office Capex 10% Hospitality Capex Net Debt stood at ₹ 84,058 Retail Capex mn, with avg. cost Rental Securitisation Loans borrowing at 9.65% 1% Receivables discounting loans Networth at ₹ 56,076 mn. 53% 5
Slide 6: Business Vertical Review
Business Vertical Review Q1 2020-21 Office Retail Hospitality Services Residential Total Revenue 1,885 365 124 1,150 8,530 12,054 EBITDA 1,622 84 (100) 315 1,770 3,691 EBITDA % 86% 23% -81% 27% 21% 31% Depreciation 410 225 362 16 36 1,048 EBIT 1,212 (141) (462) 299 1,734 2,643 EBIT % 64% -39% -373%
Slide 7: Residential Segment Review
RESIDENTIAL SEGMENT REVIEW Diversifies price points across mid/luxury segment Now in 11 locations 118 Projects 28 Projects 15 Projects 89 mn sf 32 mn sf 30 mn sf COMPLETED ONGOING UNDER PLANNING CRISIL HDFC Cash flow of Pictures shot at location, Prestige Group Development DA 1 Capital Rs 123,200 mn
Slide 8: Ongoing Projects - 32 mn sf TDA
Ongoing Projects- 32 mn sf TDA S.No. Project City/State TDA in Mn Sft Economic Interest Prestige Share (Mnsft) 1 Prestige Botanique Bengaluru 0.10 55 0.06 2 Prestige Dolce Vita Bengaluru 0.16 60 0.10 3 Prestige Elysian Bengaluru 1.11 31 0.34 4 Prestige Fairfield Bengaluru 0.54 27 0.15 5 Prestige Fin
Slide 9: Cash flow from Under Construction Projects
₹72,734 Mn cash flow from Under construction Projects Particulars Area in Mn Sft ₹ Mn % Total Developable Area 83.41 Car Park Area 22.56 Total Saleable Area 60.85 PG area share 46.76 Estimated Value 3,17,403 Sold 33.41 2,26,948 71 Collections 1,84,897 Balance to collect 42,052 Stock 13.35 90,455 29
Slide 10: Projects Under Planning - 30 mn sf TDA
Projects Under Planning – 30 mn sf TDA S.No. Project State/City TDA in Mn Sft Economic Interest Prestige Share (Mnsft) 1 Prestige Smart City Bengaluru 10.08 60.00 6.05 2 Prestige Highline Chennai 4.30 78.00 3.36 3 Prestige Bougainvillea Gardens Noida 3.02 72.00 2.18 4 Prestige Waterford Bengaluru 2.
Slide 11: Cash flow from Under Planning Projects
₹50,466 Mn cash flow from Under Planning Projects Particulars Area in Mn Sft ₹ Mn Total Developable Area 30.04 Car Park Area 4.74 Total Saleable Area 25.30 PG area share 21.48 Estimated Value-A 1,20,638 Cost of Development 84,404 Incurred as of Q1F21 12,033 Balance to spend-B 72,371 RD Paid-C 2,198
Slide 12: Office Portfolio
OFFICE PORTFOLIO 111 Projects 12 Projects 11 Projects 36 mn sf 15 mn sf 22 mn sf COMPLETED ONGOING UNDER PLANNING ₹7,146 Mn ₹16,620 Mn ₹23,766 Mn Pictures shot at location, Prestige Group Development Yielding Incremental Total rental portfolio rental near pa term By 2024/25 12
Slide 13: Operating Assets
Operating Assets PG PG Area PG S.No. Project Name Leasable Area Interest (%) (MnSf) Rent P.A. 1 Cessna (B1 to B11) 4.16 85.00 3.54 2,609 2 Exora Business Park -Phase I-III 2.14 100.00 2.14 1,706 3 Prestige Logistic Centre 0.38 100.00 0.38 83 4 Prestige Polygon 0.33 100.00 0.33 352 5 West Palm Develo
Slide 14: Ongoing Projects - 15 mn sf TDA
Ongoing Projects – 15 mn sf TDA S.No. Project State/City TDA in Mn Sft Economic Interest Prestige Share (Mnsft) 1 Prestige Tech Cloud Bengaluru 4.65 86.00 4.00 2 Prestige Sky Tech Hyderabad 2.71 67.00 1.82 3 Prestige Tech Pacific Park Bengaluru 1.65 62.95 1.04 4 Prestige Tech Park IV Bengaluru 1.58
Slide 15: Upcoming Projects - 22 mn sf TDA
Upcoming Projects- 22 mn sf TDA S.No. Project State/City TDA in Mn Sft Economic Interest Prestige Share (Mnsft) 1 Prestige Beta Bengaluru 4.07 80 3.25 2 Prestige Capital Square Bengaluru 0.16 65 0.11 3 Prestige Waterfront Bengaluru 0.50 60 0.30 4 Prestige Southwark Bengaluru 1.64 69.7 1.14 5 Prestig
Slide 16: Shopping Malls Segment Review
SHOPPING MALLS SEGMENT REVIEW Foot Falls Of Over 75 Mn During FY20 Good tenant mix with consistent trading density 10 Projects 3 Projects 4 Projects 7 mn sf 3 mn sf 4 mn sf COMPLETED ONGOING UNDER PLANNING Pictures shot at location, Prestige Group Development ₹3,389 Mn ₹2,676 Mn ₹6,065 Mn Yielding I
Slide 17: Operating Assets
Operating Assets S.No. Project Name TLA PG Interest PG TLA PG Rent PA 1 Forum Sujana Mall Hyderabad 0.81 100.00 0.81 992 2 Forum Fiza Mall 0.66 68.00 0.45 204 3 Forum Vijaya Mall 0.64 50.00 0.32 413 4 Forum Mall Shantiniketan 0.64 64.90 0.42 387 5 Forum Celebration Mall 0.39 100.00 0.39 228 6 Forum
Slide 18: Ongoing and Upcoming Retail Projects
Ongoing Projects- 3 mn sf TDA Upcoming Projects- 4 mn sf TDA Projects Location TDA PGS% PGS Projects Location TDA PGS% PGS Forum One OMR Chennai 1.45 47.60 0.69 Falcon City Forum Mall Bengaluru 1.27 35.70 0.45 Forum Neighbourhood Mall Kochi 0.52 70.00 0.36 Forum Thomsun Kochi 1.06 50.00 0.53 Forum 1
Slide 19: Luxury Hotels & Resorts
Luxury Hotels & Resorts 1262 1229 367 Keys Keys Keys COMPLETED ONGOING UNDER PLANNING ₹3,275 Mn ₹2,538 Mn ₹5,813 Mn Pictures shot at location, Prestige Group Development Yielding Incremental Total portfolio rental near revenue pa term near term 19
Slide 20: Ongoing and Upcoming Hospitality Projects
Ongoing Projects- 3 mn sf TDA Upcoming Projects- 0.6 mn sf TDA Projects Location Keys PGS% PGS% Projects Location Keys PGS% PGS Prestige Hillside Retreat- Tribute Portfolio Bengaluru 102 100.00 102 JW Marriott Hotel Bengaluru 297 100.00 297 MOXY Chennai OMR Chennai 125 70.00 88 DIAL Delhi 932 50.00
Slide 21: Property Management Portfolio
PROPERTY MANAGEMENT PORTFOLIO ₹ 5,589 Mn ₹ 10,000Mn Revenue Incremental Per Annum Revenue Per Annum 11 Locations 250+ mn sft Pictures shot at location, Prestige Group Development Across Asset Total Area class and management services near term 21
Slide 22: Summary & Growth Trajectory
Summary & Growth Trajectory- ₹ 35,644 Mn rental pa*, near term Area in Mnsqft Value in ₹ Million 1. OFFICE Values Based on current rental rates And excludes rentals from property mgt portfolio UNDER Value in ₹ Million OPERATING CONSTRUCTION UPCOMING TOTAL GLA 11.97 7.16 16.34 35.47 Economic Interest
Slide 23: Land Bank
Land Bank S.No. Entity Name Location (Acres) Interest Share (Acres) 1 Prestige Bidadi Holdings Pvt Ltd Bidadi,Bengaluru 143 100% 143 2 Village De Nandi Pvt Ltd Bengaluru 25 100% 25 3 Eden Investments Goa 74 78% 58 4 Prestige Estates Projects Ltd Chennai 20 66% 13 Total 262 239 Potential Developable
Slide 24: 34+ Years of Trust
34+ Years Of trust… Residential | Office | Shopping Malls | Hospitality | Property Management 24
Slide 25: 247 Projects Completed Since Inception
247 Projects across 134 mn sf Completed since inception 300+ Awards Residential | Office | Shopping Malls | Hospitality | Property Management
Slide 26: Scale of Operation Summary
Scale of operation | Summary Area In mn sf Plotted Area in mn sf Residential Commercial Retail Hospitality Development Total Particulars Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Completed Projects 110 81.44 111 35.80 10 7.08 8 2.56 8 7.42 247 134.30 Ongoing Projects 27 30.99 12 15
Slide 27: 300+ Awards & Recognitions
300+ Awards & Recognitions MOST TOP INDIAN CERTIFICATE 300+ ADMIRED REAL ESTATE OF AWARDS SHOPPING COMPANY EXCELLENCE CENTER ADMIRED MOST BUILDER OF DEVELOPER BRAND OF PROMISING THE YEAR OF THE ASIA BRAND YEAR …AND MANY MORE
Slide 28: Board
Board Irfan Razack Rezwan Razack Noaman Razack Uzma Irfan Chairman & Managing Director Joint Managing Director Whole-time Director Whole-time Director Dr. Pangal Ranganath Nayak Neelam Chhiber Jagdeesh K. Reddy B.G. Koshy Noor Ahmed Jaffer Independent Independent Independent Independent Independent
Slide 29: Executive Management
Executive Management Faiz Rezwan Zaid Sadiq Anjum Jung Zayd Noaman Executive Director- Executive Director- Executive Director- Interior Executive Director- CMD’s Office Contracts & Projects Liasion & Hospitality Design Omer Bin Jung Nayeem Noor Zackria Hashim Venkat K Narayan Executive Director- Hos
Slide 30: Executive Management
Executive Management Suresh Singaravelu Swaroop Anish Arvind Pai Executive Director- Retail, Executive Director- Business Executive Director- Legal Hospitality Development V.V.B.S. Sarma Lt. Col. Milan Khurana (Retd.) V. Gopal Chief Financial Officer Executive Director – HR, IT & Admin Executive Dir
Slide 31: Disclaimer
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 ar
Slide 32: Thank You
Thank You WE HAVE MOVED TO OUR NEW OFFICE For any queries Please contact, E: investors@prestigeconstructions.com Registered Office- No. 19, Brunton Road,( Off M.G Road ) Bangalore 560 025 Landmark- Trinity Metro Station T: +91 -80 –25001 248, F: + 91 –80 -25591945, Website: www.prestigeconstructions