Peninsula Land Limited · NSE:PENINLAND
Peninsula Land — Q2 FY2016 Earnings Presentation
35 slides from Peninsula Land's earnings presentation, 2015
Slide 1: Results Presentation Q2, FY 2016
Results Presentation Q2,FY 2016
Slide 2: Company overview
Company overview Focus on 3 cities Trusted Brand Fully Paid-for land Focus on Execution Mumbai, Pune and Strong existing clientele Bangaluru 17 Years Pioneer in Mumbai real estate market Of track record of First retail mall in the city real estate development First textile mill re-development projec
Slide 3: Robust pipeline and renewed geographic focus
Robust pipeline and renewed geographic focus Presence in Key urban Tier 1 & 2 Cities in Western & Southern India Completed Ongoing Pipeline No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) Mumbai 12 6.4 4 1.5 2 1.2 Pune 1 0.5 2 12.3 Bengaluru 1 0.6 1 0.6 A
Slide 4: Project Status of Ongoing Projects
Project Status of Ongoing Projects Planned Date of completion 22% BishopsGate, Mumbai 86 Q4 FY 17 Celestia Spaces (PLL 15% Share), Mumbai 479 Q4 FY19 Carmichael Residences, 24% Mumbai 136 Q4 FY 18 Ashok Serenity Byculla, 1% Mumbai 782 Q2 FY 21 Ashok Meadows (Phase 1), 63% Pune 498 Q4 FY 16 Peninsula
Slide 5: Business Updates
Business Updates [=]
Slide 6: Business Updates in Q2 FY 16
Business Updates in Q2 FY 16 New Sales Bookings / Collections Sold 49,076 sq ft during Q2 FY16 as against 55,303 sq ft during Q2 FY 15 Recorded new sales value of Rs. 165 Cr during Q2 FY16, as against Rs.119 Cr during Q2 FY 15 Collections were at Rs. 122 Cr for Q2 FY 16, as against Rs. 152 Cr during
Slide 7: Financials Overview
Financials Overview [=]
Slide 8: Key financial snapshot (standalone)
Key financial snapshot (standalone) For the quarter ended For the quarter For the quarter Particulars (Rs. Cr) 30.09.15 ended 30.06.15 ended 30.09.14 Income Statement Income from Operations 45 80 87 Profit before interest & Tax 20 21 41 PBT (10) (14) 2 Tax Provision (4) (5) (1) PAT (6) (9) 3 Balance
Slide 9: Profit and Loss (standalone)
Profit and Loss (standalone) P&L Snapshot (Rs. Cr) Q2FY16 Q2FY15 H1FY16 H1FY15 Income Total Income from operations (Gross) 11.2 53.8 58.4 95.2 Other Income 34.1 33.3 66.8 56.6 Total Revenue 45.3 87.1 125.2 151.7 Expenses a) Cost of Realty Sales 2.6 18.3 37.7 37.5 b) Employee Benefit expenses 11.0 14
Slide 10: Projects Overview
Projects Overview [=]
Slide 11: Details of Ongoing projects – Q2 FY 2016
Details of Ongoing projects –Q2 FY 2016 Up to last Quarter Q2 Total PLL No Collection No Avg. Avg. No Avg. Projects Share Area Sales of Area Sales Area Sales (Rs. Crs) of Reali- Reali- of Reali- (%) Sold Value Units Sold Value Sold Value in Q2 Units zation zation Units zation (sft ) (Rs.Cr) sold (sf
Slide 12: Summary of Ongoing projects – till Sep '15 (cumulative)
Summary of Ongoing projects – till Sep ‘15 (cumulative) Saleable Area Sold Average PLL Share Sales Value Collections Projects Area (sq ft Location (sq ft in Realization (%) (Rs. Cr) (Rs. Cr) in 000’s) 000’s) (Rs. / sq ft) Residential-Ongoing Bishopsgate 86 Mumbai 50% 70 517 73,805 194 Celestia Space
Slide 13: Unrecognized revenue from ongoing projects
Unrecognized revenue from ongoing projects Balance Balance Sale Revenue Revenue Area Work Revenue Value of % of Sales to be PLL to be Project Sold Completion Recognized Area Sold Complete Recognized Share Recognized (sq ft ‘000s) (Rs. Cr) (Rs. Cr) on sale portion PLL Share (Rs. Cr) (Rs. Cr) Bishopsg
Slide 14: Project pipeline
Project pipeline Saleable Area Development Land cost* Projects Location PLL Share (%) JV Partner (sq ft In ‘000s) Model (Rs. Cr) PMC of 8% + Celestia Spaces, Sewree Phase 2 1,200 Mumbai JV - Bhattads JV of 18% Peninsula Realty NapeanSea Road 49 Mumbai JV 78% 124 Fund Mahadeopura 631 Bengaluru Owned
Slide 15: Annuity income and completed inventory
Annuity income and completed inventory Annuity Income for Q1 & Q2 FY 16 Project Type Area (sqft) Rentals (Rs. Cr) Q1 Q2 Piramal Chambers 91,000 6 6 Piramal Chambers 39,000 2 2 Total 130,000 8 8 Piramal Chambers has been given on lease to Income Tax & Central Excise Offices Completed Commercial Offic
Slide 16: Bishopsgate
Bishopsgate PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 50% KBK Group 86 Area Avg. Nos. of Sales Sold Reali- Collection units Value Construction % Sales (‘000 zation (Rs. Cr) (Rs.Cr) Milestone Completion sq ft ) (Rs./sqft) Q1, FY 16 0 - - - 3 Till Q1, FY 16 20% 73% Q2, FY 16 1
Slide 17: Bishopsgate - Current status
Bishopsgate-Current status June 2015 CURRENT STATUS D-1 P-6 P-5 P-4 P-3 P-2 P-1 17
Slide 18: Celestia Spaces (PLL Share)
Celestia Spaces (PLL Share) Saleable PLL Area Location Share JV Partner (000’s sq ft.) Mumbai 100% - 479 Area Avg. Nos. of Sales Sold Reali- Collection units Value (‘000 zation (Rs. Cr) Construction % Sales (Rs.Cr) sq ft ) (Rs./sqft) Milestone Completion Q1, FY 16 2 4 11 29,495 5 Q2, FY 16 1 1 3 23,
Slide 19: Celestia Spaces - Current Status
Celestia Spaces-Current Status June 2015 CURRENT STATUS TOWER A TOWER B 19
Slide 20: Carmichael Residences
Carmichael Residences PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 40% KBK Group 136 Area Avg. Nos. of Sales Sold Reali- Collection units Value (‘000 zation (Rs. Cr) (Rs.Cr) sq ft ) (Rs./sqft) Q1, FY 16 - - - - 26 Construction % Sales Q2, FY 16 2 10 79 75,278 40 Milestone Comple
Slide 21: Carmichael Residences - Current Status
Carmichael Residences-Current Status June 2015 CURRENT STATUS South Side View North Side View 21
Slide 22: Ashok Serenity, Byculla
Ashok Serenity, Byculla PLL Saleable Area Location Share JV Partner (000’s sq ft.) Byculla, 57% PREI Fund 776 Mumbai Nos. Sales Avg. Construction % Sales of Area Sold Collection Value Realization Milestone Completion units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Till Q1, FY 16 1% 9% Q1, FY 16 6 10
Slide 23: Ashok Serenity, Byculla - Current Status
Ashok Serenity, Byculla - Current Status CURRENT STATUS Debris shifting in MHADA Area in progress MHADA area soil levelling in progress MHADA area Drainage line work in progress SWD Pardi & Sever Line chamber plaster WIP MHADA area plot levelling work in progress 23
Slide 24: Ashok Meadows (Phase 1)
Ashok Meadows (Phase 1) PLL Saleable Area Location Share JV Partner (000’s sq ft.) Hinjewadi, Peninsula Realty 55% 498 Pune Fund & Clover Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 16 11 1
Slide 25: Ashok Meadows (Phase 1) - Current Status
Ashok Meadows (Phase 1)-Current Status June 2015 CURRENT STATUS BUILDING N-O BUILDING L & M BUILDING L & M BUILDING Y-Z BUILDING N-O BUILDING Y-Z BUILDING J, K, L, M BUILDING N-O CLUB HOUSE 25
Slide 26: Peninsula Heights, JP Nagar
Peninsula Heights, JP Nagar PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Bengaluru 80% 618 Realty Fund Nos. Sales Avg. Construction % Sales Area Sold Collection of units Value Realization Milestone Completion (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 16 5 18 16 9,279 0
Slide 27: Peninsula Heights, JP Nagar - Current Status
Peninsula Heights, JP Nagar-Current Status June 2015 CURRENT STATUS Tower A Tower A Tower B Tower B 27
Slide 28: Ashok Astoria
Ashok Astoria PLL Saleable Area Location Share JV Partner (000’s sq ft.) Nashik 100% - 589 Nos. Sales Avg. Area Sold Collection of units Value Realization Construction % Sales (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Milestone Completion Q1, FY 16 7 9 4 3,961 2 Q2, FY 16 4 5 2 3,776 1 Till Q1, FY 1
Slide 29: Ashok Astoria - Current Status
Ashok Astoria-Current Status CURRENT STATUS Row House and Town House Buildings Town House Buildings Building No-4 Building 2A Building 2B Building 2C 29
Slide 30: Ashok Nirvaan
Ashok Nirvaan PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Lonavala 25% 352 Realty Fund Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 16 - - - - 3 Till Q1, FY 16 24% 3
Slide 31: Ashok Nirvaan - Current Status
Ashok Nirvaan-Current Status CURRENT STATUS Villa No-29 Villa No-45 Villa No-51 Villa No-1 Villa No-4 Villa No-36 31
Slide 32: Ashok Beleza
Ashok Beleza PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Goa 58% 247 Realty Fund Nos. Sales Avg. Construction % Sales Area Sold Collection of units Value Realization Milestone Completion (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 16 (1) 0 0 7,927 0 Till Q1, FY 16 48% 2
Slide 33: Ashok Beleza - Current Status
Ashok Beleza-Current Status CURRENT STATUS Sales office and Show Villa B/6, at Finishing Stage C 2, Block work in progress B 5, Finishing stage, Windows fixing Louvers fixing in progress Internal painting in progress 33
Slide 34: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 35: Thank You
[=] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP