Slide 1: Results Presentation FY 2016
Results Presentation 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 18 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 77% Q4 FY 17 BishopsGate, Mumbai 86 Celestia Spaces (PLL 18% Q4 FY19 Share), Mumbai 479 Carmichael Residences, 27% Q4 FY 18 Mumbai 136 Ashok Serenity Byculla, 1% Mumbai 782 Q2 FY 21 Ashok Meadows (Phase 77% 1), Pune 498 Q4 FY 16 Peninsula
Slide 5: Business Updates
Business Updates [el
Slide 6: Business Updates in Q4 FY 16
Business Updates in Q4 FY 16 New Sales Bookings / Collections Sales of Rs. 281 Cr during Q4 FY16, as against Rs. 203 Cr during Q3 FY16 Collections were at Rs. 152 Cr for Q4 FY 16, as against Rs. 94 Cr for Q3 FY 16 Sold 60,360 sq ft during Q4FY16 as against 101,739 sq ft during Q3 FY16 Financial Perf
Slide 7: Business Updates in FY 16 vs FY 15
Business Updates in FY 16 vs F 15 New Sales Bookings / Collections Sales of Rs. 714 Cr during FY16, as against Rs 810 Cr during FY 15 Collections were at Rs. 444 Cr for FY 16, as against Rs. 324 Cr during FY 15 Sold 266,556 sq ft during FY16 as against 417,705 sq ft during FY 15 Financial Performanc
Slide 8: Financials Overview
Financials Overview [el
Slide 9: Key financial snapshot
Key financial snapshot Standalone Consolidated For the year For the year For the year For the year Particulars (Rs. Cr) ended ended ended ended 31.03.16 31.03.15 31.03.16 31.03.15 Income from Operations 110 161 311 167 Profit before interest & Tax 82 112 21 108 PBT (45) (18) (45) (23) Tax Provision
Slide 10: Debt Profile
Debt Profile Standalone Consolidated For the year For the year For the year For the year Particulars (Rs. Cr) ended ended ended ended 31.03.16 31.03.15 31.03.16 31.03.15 Total Debt 1,798 1,753 * 1,877 * 1,827 Less: Cash & Cash equivalents 66 248 137 293 Net Debt 1,732 1,505 1,740 1,534 Net Worth 1,4
Slide 11: Profit and Loss (standalone)
Profit and Loss (standalone) P&L Snapshot (Rs. Cr) FY2016 FY2015 Income Total Income from operations (Gross) 110 161 Other Income 126 133 Total Revenue 236 294 Expenses a) Cost of Realty Sales 62 81 b) Employee Benefit expenses 44 50 c) Depreciation 4 8 d) Other Expenses 45 43 Total (a+b+c+d) 154 18
Slide 12: Balance Sheet (standalone)
Balance Sheet (standalone) Balance Sheet (Rs. Cr) 31st March, 2016 31st March, 2015 Equity and Liabilities Shareholders’ Funds Share Capital 56 56 Reserves & Surplus 1,409 1,450 Total (Shareholders Funds) 1,465 1,506 Borrowings Non Current Debt 1284 1121 Current Debt 514 632 Total (Borrowings) 1,798
Slide 13: Balance Sheet (standalone) (contd…)
Balance Sheet (standalone) (contd…) Balance Sheet (Rs. Cr) 31st March, 2016 31st March, 2015 Assets Fixed Assets 56 56 Non-Current Investments 662 693 Loans and Advances 1,283 1,297 Current Assets Inventories 1291 998 Trade Receivables 17 115 Cash & Cash Equivalents 66 248 Other current assets 253 2
Slide 14: Projects Overview
Projects Overview [el
Slide 15: Details of Ongoing projects – FY 2016
Details of Ongoing projects –FY 2016 Up to last Quarter Q4 Total PLL No Collection No Sales Avg. Avg. No Avg. Projects Share Area of Area Sales Area Sales (Rs. Crs) of Value Reali- Reali- of Reali- (%) Sold Units Sold Value Sold Value in Q4 Units (Rs. zation zation Units zation (sft ) sold (sft ) (R
Slide 16: Summary of Ongoing projects – till Mar '16 (cumulative)
Summary of Ongoing projects – till Mar ‘16 (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 73,805 240 Celestia Space
Slide 17: Unrecognized revenue from ongoing projects
Unrecognized revenue from ongoing projects PLL Share Sale Area Work Value of % of Sales Balance Project Sold Completion Area Sold Complete Revenue Revenue (sq ft ‘000s) % Revenue (Rs. Cr) Recognized to be Recognized Bishopsgate 70 517 82% 77% 50% 259 196 63 Celestia Spaces-PLL Share 135 311 28% 18%
Slide 18: 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 19: 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 (‘000 zation (Rs. Cr) (Rs.Cr) sq ft ) (Rs./sqft) Construction % Sales Q1, FY 16 0 - - - 3 Milestone Completion Q2, FY 16 1 8 50 64,516 30 Till Q1,
Slide 20: Bishopsgate-Current status
Bishopsgate-Current status Dec 2015 CURRENT STATUS Duplex 2 floor in progress Duplex 6 floor in progress 20
Slide 21: 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) (Rs.Cr) Construction % Sales sq ft ) (Rs./sqft) Milestone Completion Q1, FY 16 2 4 11 29,495 5 Q2, FY 16 1 1 3 23,
Slide 22: Celestia Spaces-Current Status
Celestia Spaces-Current Status Dec 2015 CURRENT STATUS P2 Slab in progress – Tower A P6 Slab Completed – Tower A & B P2 Slab in progress – Tower B PPL 1st Slab in progress 22
Slide 23: 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 Q2, FY 16 2 10 79 75,278 40 Construction % Sales Milestone Comple
Slide 24: Carmichael Residences-Current Status
Carmichael Residences-Current Status Dec 2015 CURRENT STATUS P2 Slab in Progress Basement Slab in progress P2 Slab in Progress 24
Slide 25: 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. of Area Sold Collection Value Realization Construction % Sales units (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Milestone Completion Q1, FY 16 6 10 26 27,509 4 Till Q1,
Slide 26: Ashok Serenity, Byculla - Current Status
Ashok Serenity, Byculla - Current Status Dec 2015 CURRENT STATUS Internal Road work done Demolition Completed 26
Slide 27: 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 28: Ashok Meadows (Phase 1)-Completed Status - Actual Pics
Ashok Meadows (Phase 1)-Completed Status - Actual Pics 28
Slide 29: 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 30: Peninsula Heights, JP Nagar-Current Status
Peninsula Heights, JP Nagar-Current Status Dec 2015 CURRENT STATUS Tower A North side view Tower B Tower A (North View) Tower A North side view Tower-B top view Tower A Front elevation Podium Circular Ramp 30
Slide 31: 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 32: Ashok Astoria-Current Status
Ashok Astoria-Current Status CURRENT STATUS Row House and Town House Buildings Row House and Town House Buildings Club House CURRENT STATUS Building 2A Building 2B Building 2C 32
Slide 33: 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 34: Ashok Nirvaan-Current Status
Ashok Nirvaan-Current Status CURRENT STATUS Villa No-29 Villa No-45 Villa No-51 Villa No-1 Villa No-2 Villa No-36 34
Slide 35: 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 36: Ashok Beleza-Current Status
Ashok Beleza-Current Status CURRENT STATUS Sales office and Show Villa B 1/2/3 Hardscape in progress C 23-24, Primer Complete C7/8 SWD Complete Club house- Pool Deck Area-External Entrance at 10.00 M ROAD Painting in Progress 36
Slide 37: 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 38: Thank You
[am] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP