Puravankara Limited · NSE:PURVA
Puravankara — Puravankara Projects — Q1 FY2011 Earnings Presentation
19 slides from Puravankara's earnings presentation, June 2010
Slide 1: Quarter ended 30 June 2010
Quarter ended 30 June 2010 ac=| PURAVANKARA
Slide 2: Agenda
Agenda Exhibit Overview I Background and Operations II Financial Highlights III
Slide 3: Overview
Overview Over 34 years of experience in property development, real estate and construction Operations across major cities in South India, Kolkata, Colombo and UAE Developable area of 143.25 mn. sft. and saleable area of 118 mn. sft JV with Keppel Land of Singapore First mover advantage with 100% aff
Slide 4: Background and Operations
Background and Operations Extensive Land Bank and premium player in the South India market Fostering growth through joint ventures and partnerships Established brand and reputation Expanding in-house construction capability Constant innovation to drive growth Experienced Management Team with strong
Slide 5: Extensive Land Bank and Premium Player in the South India Market
Extensive Land Bank and Premium Player in the South India Market 1 Land Bank 2 Land Acquisition Strategy 3 Pursue Property Mix 4 Recent Developments
Slide 6: Extensive Land Bank
1 Extensive Land Bank Kolkata Ongoing Future Developable Area 2.28 - Hyderabad Ongoing Future Saleable Area 0.37 0.45 Developable Area - 6.44 Land Area 0.39 - Saleable Area - 6.17 Land Area 0.17 1.31 Bangalore Ongoing Future Developable Area 12.07 93.52 Kolkata Saleable Area 7.57 76.38 Chennai Ongoi
Slide 7: Ongoing Projects
Ongoing Projects Sl.No. Project Location Developable Total Flats Launched Area (no.) Saleable area (million sft) (milliion sft) Residential: 1 Atria-I (62%) Sanjay Nagar, Bangalore 0.24 131 0.15 2 Elita Promenade (49%) JP Nagar, Bangalore 2.55 1,573 1.25 3 Venezia Yelahanka, Bangalore 2.09 1,332 2.0
Slide 8: Land Acquisition Strategy
2 Land Acquisition Strategy Land Acquisition Strategy Suburban areas of Tier I cities Tier II cities Future strategy to continue on the above lines
Slide 9: Pursue Property Mix
3 Pursue Property Mix Residential Commercial Current Position 97% 3% Medium term position 75%-80% 20%-25% Expand portfolio of commercial & hospitality projects to 15% - 20% Acquiring land at strategic locations Leveraging on the strength of established Purva brand in residential segment and partners
Slide 10: Recent Developments
Recent Developments Puravankara Projects launched in Bangalore in June-2010 : • Purva Skywood located in Sarjapur Road • Apartments ranging from 1,263 sft. to 2,340 sft. • Besides every possible amenity on offer, this project boasts ones such as the aroma garden, a cricket field and a skating rink.
Slide 11: JVs and Partnerships
JVs and Partnerships 49% JV with Singapore based Keppel Investment Mauritius Private Limited One of the first few FDI in the real estate sector in India under automatic route 7.85 mn sft. of developable area in Bangalore and Kolkata Keppel’s expertise and experience in developing world class integra
Slide 12: Established Brand and Reputation
Established Brand and Reputation Recognised Brand Name Competitive Advantage Promote and expand • Over 34 years of experience • Pricing sales and rental • Focusing on quality and in real estate strength innovation, strong after • Simplified Corporate • Strategically located land sales support, prope
Slide 13: In-house construction capability
In-house construction capability Increasing manpower base Upgrading Technology Forward integration of operations Employees consists of technical, Implementation of ERP package In-house modification and interior non-technical and trainees based on Oracle software to division Currently 442 employees.
Slide 14: Innovation in projects and processes
Innovation in projects and processes Among the first to design and develop theme based projects Purva Riviera, Purva Swanlake, Purva Grandbay One of the first to introduce customer loyalty programme Purva Privileges - referral programme Anticipate changing preferences of customers Incorporate novel
Slide 15: Highly Qualified and Experienced Management Team
Highly Qualified and Experienced Management Team Ravi Puravankara • Over 33 years of experience in real estate industry Chairman and Managing • Former president of the International Real Estate Federation, Indian Chapter Paris Director • Bachelor’s degree in Business Administration from Virginia Tec
Slide 16: Consolidated Profit and Loss Account – Quarter ended 30 June 2010
Consolidated Profit and Loss Account – Quarter ended 30 June 2010 Q1 FY10 Q1 FY10 FY10 Quarter ended Quarter ended Year ended June 2010 June 2009 March 2010 Rs. Rs. Rs. INCOME Revenues 1,162,943,710 559,656,133 4,783,619,708 Cost of revenues 663,820,654 383,566,753 2,748,125,813 GROSS PROFIT 499,123
Slide 17: Financials
Financials 6,000 36% 5,000 8% -21% 49% 4,000 3,000 86% 45% (Rs. million) 86% 12% 2,000 52% -29 98% -40% 1% 76% 85% 1,000 85% 93% 95% 105% 147% 138% - Revenue Gross Profit Profit After Tax Percentage at the top of the bar indicates sequential growth Percentage in the table indicates gross profit and
Slide 18: Liquidity Position at 30 June 2010
Liquidity Position at 30 June 2010 (Rs . crores ) 30 June 2010 30 June 2009 31 Mar 2010 Cash and cash equivalents 55.57 26.23 78.22 Less: Loans (916.76) (829.71) (881.07) Net borrowings (861.19) (803.48) (802.85) Net Debt Equity Ratio 0.57 0.58 0.54
Slide 19: Thank You
Thank You Puravankara Projects Limited 130/1, Ulsoor Road, Bangalore - 560042 Tel: 080-25599000/43439999 Please contact: Mr. Hari Ramakrishnan Email: investorrelations@puravankara.com
Puravankara Projects — Q1 FY2011 Earnings Presentation on 6ix