Slide 1: Investor Presentation December 2011
December 2011 Investor Presentation 0
Slide 2: Introduction
Introduction 1 1
Slide 3: DB Realty – Premium Real Estate Developer
DB Realty – Premium Real Estate Developer Promoted by Vinod Goenka and Shahid Balwa. Vision & leadership provided by Vinod Goenka along with a top-notch management team ¾ Large land development within Mumbai suburbs (Goregaon, Andheri, Kandivli) and City (South/Central Mumbai) totaling 15.9 msf co
Slide 4: DB Realty Vision and Mission
To redefine people’s living spaces leading the redevelopment and transformation of India’s cities Vision • Commitment to DB To always be the Excellence Realty premier real estate developer in India by • Integrity and Fairness creating superior developments in each Guiding • Innovation Principles Mis
Slide 5: Differentiated Business Model
Differentiated Business Model Urban Redevelopment: The dilapidated buildings are redeveloped with better facilities, and the occupants are provided accommodation in the same premises or provided monetary reimbursement to relocate themselves as the case may be • There are almost 20,000 dilapidated
Slide 6: CSR Initiatives
CSR Initiatives Growth is inextricably linked to the well-being of our society; consequently, DB Realty has developed a program called, Vision Mumbai to tackle Mumbai’s urbanization challenges from different perspectives. Vision Mumbai is a 3-point sustainability strategy centered on our belief to b
Slide 7: D B Realty’s Market Outlook
D B Realty’s Market Outlook Mumbai Real Estate Market ¾ Residential demand would continue to remain high due to the following ¾ Rising per-capita Income and the growing ambition of the lower/ middle income group to own a residential property ¾ Smaller family sizes/ preference of the young professi
Slide 8: Portfolio and Project Details
Portfolio and Project Details 7 7
Slide 9: Portfolio and Project Composition
Portfolio and Project Composition D B Realty Residential 62% Commercial 9% TDR 29% Affordable 56% Mid-Income 19% Luxury 22% Super-Luxury 3% 1. Orchid Apartments 1.Orchid Views 1.Orchid Heights 1. Orchid Turf View 2. Orchid Ozone 2.Orchid Park 2.Orchid Crown 3. Orchid Garden 3.Orchid Woods 3.Orchid C
Slide 10: Ongoing Projects – 31.1 msf
Ongoing Projects – 31.1 msf DB’s Project No. Project Name Type Economic Saleable Area Interest (msf) 1 Orchid Ozone Resi 1 66% 2.9 (Dahisar – E) & Retail 2 Orchid Woods Resi 75% 1.2 (Goregaon – E) 4 3 Orchid Heights Resi 51% 1.4 (Jacob Circle) 4 Orchid Suburbia 2 Resi 50% 0.7 (Kandivali – W) 5 Mahul
Slide 11: Forthcoming Projects – 38.8 msf
Forthcoming Projects – 38.8 msf DB’s Project Saleable 6 No. Project Name Type Economic Area Interest (msf) 2 Orchid Hill Park Resi R-80% R-2.1 1 (Goregaon) & TDR TDR-100% TDR-4.6 Orchid Garden 3 2 Resi 100% 2.2 1 (Dahisar – E) Orchid West View 3 Resi 100% 0.7 (Malad) Orchid Park 4 Resi 100% 0.8 (Mum
Slide 12: Forthcoming Projects (Cont.) – 38.8 msf
Forthcoming Projects (Cont.) – 38.8 msf Project DB’s Saleable No. Project Name Type Economic Area Interest (msf) Orchid Apartments Resi R-50% R-0.9 8 (Mankhurd) & TDR TDR-50% TDR-1.5 Orchid Splendor 9 Resi 100% 0.8 (Byculla) Orchid Central 10 Resi 100% 0.4 (Mumbai Central) 8 Orchid Lawn Resi, Comm 1
Slide 13: Financials (Consolidated)
Financials (Consolidated) 12 12
Slide 14: Profit and Loss A/c (Consolidated)
Profit and Loss A/c (Consolidated) (Rs in Mn) Q3 Q3 % Q2 % 9M 9M % Particulars FY12 FY11 Change FY12 Change FY12 FY11 Change FY11 Income Sales & Income from operations 1,048 2,732 -62% 1,668 -37% 4,931 8,768 -44% 12,687 Other Income 110 159 -31% 114 -4% 1,014 481 111% 585 Total Income 1,158 2,891 -6
Slide 15: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) (Rs in Mn) For 9 Months For 9 Months Particulars ended on 31-12-2011 ended on 31-12-2010 FY11 Sources of Funds Shareholders Funds Share Capital 2,433 2,433 2,433 Reserves & Surplus 31,210 29,667 30,549 Minority Interest 687 898 786 Loan Funds Secured Loans 2,146 3,877 3,
Slide 16: Financial Highlights
Financial Highlights Q3 Q3 % Q2 % 9M 9M Parameters FY12 FY11 Change FY12 Change FY12 FY11 % Change FY11 Revenues (Rs in Mn) 1,048 2,732 -62% 1,668 -37% 4,931 8,768 -44% 12,687 EBITDA (Rs in Mn) 161 1,349 -88% 255 -37% 879 3,969 -78% 4,130 PAT (Rs in Mn) 99 1,062 -91% 155 -36% 562 3,007 -81% 3,021 Ne
Slide 17: Sales Summary incl. TDR (Consolidated)
Sales Summary incl. TDR (Consolidated) Q3 Q3 % Q2 % 9M 9M % Parameters FY11 FY12 FY11 Change FY12 Change FY12 FY11 Change Sales (msf) 0.29 1.17 -75% 0.6 -52% 1.4828 3.12 -52% 3.72 Sales Value (Rs in Mn) 1,040 9,653 -89% 1,493 -30% 4,411 28,865 -85% 30,654 Average Realisation (psf) 3,609 8,250 -56% 2
Slide 18: Projects Status
Projects Status 17 17
Slide 19: Orchid Ozone (Dahisar)
Orchid Ozone (Dahisar) Project Details Total Saleable Area (Mn sq.ft.) 2.6 Total Units 3,608 % Sold as on 31.12.2011 93% Current Status Bldg No.7 – 19 floors completed, terrace slab work in progress Bldg No.8 – 17 floors completed, 18th in progress Bldg No. 3 & 16 – 15th floor completed Architect :
Slide 20: Orchid Woods (Goregaon)
Orchid Woods (Goregaon) Project Details Total Saleable Area (Mn sq.ft.) 1.2 Total Units 630 % Sold as on 31.12.2011 86% Current Status Towers A, B and C 1. RCC work, Brick Work , Internal Plaster, LMR work completed 2. Gypsum Plaster work completed up to 45th floor Architect : Hafiz Contractor 3. Al
Slide 21: Orchid Suburbia (Kandivali)
Orchid Suburbia (Kandivali) Project Details Total Saleable Area (Mn sq.ft.) 0.7 Total Units 678 % Sold as on 31.12.2011 76% Current Status Particulars A wing B wing C wing D wing E wing F wing (floor) (floor) (floor) (floor) (floor) (floor) RCC Work 19 19 19 Completed Completed Terrace Brick Work 15
Slide 22: Orchid Heights (Jacob Circle)
Orchid Heights (Jacob Circle) Project Details Total Saleable Area (Mn sq.ft.) 1.3 Total Units 322 % Sold as on 31.12.2011 49% Current Status Column casting for 1st floor podium 60% completed for Tower A Soil retaining piles 25% completed for Tower B Rehab Bldg. - 9th slab of Phase-I completed Archit
Slide 23: Orchid Crown (Prabhadevi)
Orchid Crown (Prabhadevi) Project Details Total Saleable Area (Mn sq.ft.) 1.8 Total Units 458 % Sold as on 31.12.2011 34% Current Status Tower B- plinth milestone achieved Tower C- Plinth work in progress Tower A- plinth work in progress Architect : Hafiz Contractor Contractor : L&T 22 22
Slide 24: Orchid Turf View (Mahalakshmi)
Orchid Turf View (Mahalakshmi) Project Details Total Saleable Area (Mn sq.ft.) 2.2 Total Units (Tower A&B only) 96 % Sold as on 31.12.2011 10% Current Status Breaking of Shore pile cap 90% completed 82 % Excavation work completed for Tower A & B 70% Shore piling work completed for DB Tower Architect
Slide 25: SRA Mahul (Chembur)
SRA Mahul (Chembur) Project Details Total Saleable Area (Mn sq.ft.) 8.68 Total TDR genereated as on 31.12.2011 (Mn sq.ft.) 7.19 TDR Sold as on 31.12.2011 82% Current Status OC- received for 20 buildings, remaining 51 buildings expected by Mar 2012 RCC work for 71 buildings completed STP 1 completed
Slide 26: THANK YOU
THANK YOU 25 25