Kolte-patil Developers Limited · NSE:KOLTEPATIL
Kolte-patil Developers — Q1 FY22 Earnings Presentation
30 slides from Kolte-patil Developers's earnings presentation, Aug 11, 2021
Slide 1: Cover letter to stock exchanges
ffi:r ;i:!;l:ti;:*iill::l': Creation, not construction. To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationship Department, 'Exchang e Plaza' , 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Ban
Slide 2: Q1 FY22 Results Presentation
Kolte-Patil Developers Limited Q1 FY22 Results Presentation
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those s
Slide 4: Table of Contents
Table of Contents 1 KPDL – A Different Way of Doing Business 2 CEO’s Message 3 Operational & Performance Highlights 4 Priority Launchess 5 P&L / Balance Sheet Snapshot 6 Project Portfolio 7 Outlook 8 About Kolte-Patil Developers Ltd. 3
Slide 5: Power Of Discipline – Deliver More With Less
Power Of Discipline – Deliver More With Less Sustained market Sound capital Diversifying Asset-light growth leadership allocation geographical presence Successive Among the Strengthene years of Sales and healthiest d sales Debt marketing sectorial pipeline for reduction cost sales next round efficie
Slide 6: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~29 MSF Residential real estate player in Pune Project portfolio - under execution, of presence being incorporated in 1991 (Awarded as Most Reputed Brand in Pune ) approval, land bank and DMA > 20 MSF ~12% A+/Stable of area delivered across Pune,
Slide 7: CEO's Message
CEO’s Message Commenting on the performance for Q1 FY22 Mr. Yash Patil, Group CEO, Kolte-Patil Developers Limited said: “The strong recovery in residential sales created over the second half of last year, was impacted by the second wave of Covid 19 and the lockdown imposed thereon. There was muted r
Slide 8: Operational Highlights – Q1 FY22
Operational Highlights – Q1 FY22 New area sales Q1 FY22 Q4 FY21 Q1 FY21 QoQ YoY FY21 Volume (million sq. ft.) 0.40 0.85 0.31 -53.5% 26.4% 2.08 Value (Rs. million) 2,486 5,109 1,642 -51.3% 51.4% 12,010 Realization (Rs./Sq. ft.) 6,261 5,988 5,228 4.6% 19.8% 5,785 Collections (Rs. million) 2,794 4,415
Slide 9: Sales & Collections – Ongoing Projects – Q1 FY22
Sales & Collections – Ongoing Projects – Q1 FY22 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. mn.) (Rs./sft.) (Rs. mn.) Life Republic Hinjewadi 0.09 450 4,982 1,215 Universe(R10) ,LR Hinjewadi 0.04 223 5,371 43 Stargaze Bavdhan 0.03 214 6,111 196 Three Jewels Kondhwa 0.03 152
Slide 10: Region-wise Sales
Region-wise Sales Total (Mumbai Projects) 0.04 msf Rs. 644 mn Rs.203 mn Area Sold Total (Pune Projects) 0.31 msf Sales Value Rs. 1,600 mn Collection Rs.2,355 mn Total (Bengaluru Projects) 0.05 msf Rs. 242 mn Rs.236 mn 9
Slide 11: New Sales Analysis – Q1 FY22
New Sales Analysis – Q1 FY22 msf. 0.51 0.50 0.82 0.67 0.31 0.35 0.56 0.85 0.40 13% 9% 1% 10% 2% 9% 4% 9% 8% 5% 9% 10% 8% 17% 14% 12% 16% 13% 14% 38% 31% 22% 42% 29% 23% 30% 42% 63% 37% 31% 40% 34% 43% 23% 29% 13% 16% 12% 19% 18% 16% 21% 17% 19% 9% Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 F
Slide 12: Priority Launches
Priority Launches Pune Projects Location Use Saleable Area (msf.) Baner Baner Mixed Use 1.33 Down Town Kharadi Residential / Retail 0.68 Wagholi Equa Wagholi Residential 0.25 Hi Mont Hinjewadi Residential 0.75 Tathawade Tathawade Residential / Retail 0.55 Launches planned across Life Republic (R1,
Slide 13: Judiciously building project pipeline for the next round of growth
Judiciously building project pipeline for the next round of growth FY22 FY21 FY20 Signed two new projects with a combined FY19 Signed three new projects with a saleable area of ~1.3 msf in Pune (Hinjewadi, combined saleable area of ~2.2 msf in Tathawade) under DM model. Expected DM Pune (Baner,
Slide 14: Mumbai Presence - Expanding Footprint
Mumbai Presence - Expanding Footprint Shree Avadhoot (Dahisar East) Opp. Subway, St. Mary School Vaayu (Dahisar West) Near Mary Immaculate Girls School Evara (Borivali West) Near. McDonald's, S V Road Verve (Goregaon West) Walking distance from Inorbit mall, adjacent to Central mall Faster Creation
Slide 15: Performance Highlights – Last Five Years
Performance Highlights – Last Five Years Sales Volume, msf Sales Value, Rs. Crore APR, Rs./sft. 2.70 1,432 2.51 5,836 5,785 5,765 2.08 2.09 2.08 1,331 1,220 1,198 1,201 5,302 5,309 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Collections, Rs. Crore Delivery, msf Net Deb
Slide 16: Performance Highlights – Q1 FY22
Performance Highlights – Q1 FY22 Sales Volume, msf Sales value, Rs. Crore APR, Rs./sft. Collections, Rs. Crore Q1 FY21 0.31 Q1 FY21 164 Q1 FY21 5,228 Q1 FY21 105 Q2 FY21 0.35 Q2 FY21 194 Q2 FY21 5,517 Q2 FY21 201 Q3 FY21 0.56 Q3 FY21 332 Q3 FY21 5,961 Q3 FY21 382 Q4 FY21 0.85 Q4 FY21 511 Q4 FY21 5,9
Slide 17: Abridged Cash Flows
Abridged Cash Flows Q1 FY22 Abridged Cash flows - (Rs. crore) (Un-Audited) Opening Balance 164 Operating Activities Collections 267 Construction Cost -145 Other Expenses -57 Direct & Indirect Taxes -20 Strategic Land Monetization 33 Operating Cashflow 78 Financing Activities Interest -11 OD/CC Movem
Slide 18: Consolidated Debt Profile
Consolidated Debt Profile 30th June, 31st March, Consolidated Debt Profile (Rs. crore) 2021 2021 CCM CCM Net Worth 924 894 Gross Debt 591 665 Less: OCD / CCD / OCRPS / Zero Coupon NCD* 181 190 Debt 410 475 Less: Cash & Cash Equivalents & Current 129 165 Investments Net Debt 281 310 Net Debt to Equit
Slide 19: Profit and Loss Snapshot – Q1 FY22 vs Q1 FY21
Profit and Loss Snapshot – Q1 FY22 vs Q1 FY21 P&L Snapshot (Rs. crore) Q1 FY22 Q4FY21 Q1 FY21 QoQ YoY Reported Reported Reported Revenue Recognition Method CCM CCM CCM CCM CCM COMMENTS Revenue from Operations 197.3 296.1 140.8 -33.4% 40.1% Cost of materials consumed 105.9 211.4 126.3 -49.9% -16.2%
Slide 20: Revenue Recognition – Q1 FY22 vs Q1 FY21
Revenue Recognition – Q1 FY22 vs Q1 FY21 Q1 FY22 – Rs. 197crore Q1 FY21 – Rs. 141 crore Strategic Monetization 40% Mumbai Projects 86% Atria 30% Ivy Estate 8% Bengaluru Projects 7% Bengaluru Projects 11% Mumbai Projects 6% KPE 4% Opula 3% Others 3% Others 2% 19
Slide 21: KPDL Project Portfolio – 30.06.21
KPDL Project Portfolio – 30.06.21 Gross Details Gross Details (including partner’s share) (including partner’s share) Ongoing & Under Ongoing & Under Projects KPDL Share Land Bank Projects KPDL Share Land Bank Unsold Approval Unsold Approval Jazz II (Opula) 100% 0.00 - - Jai Vijay 100% 0.02 - - Atri
Slide 22: Business Outlook
Business Outlook Sector consolidation Diversifying geographical Efficient capital deployment First round of consolidation resulted from presence Continue to evaluate strategic and financial implementation of RERA and GST benefiting 10 society redevelopment projects in Mumbai - partnerships tha
Slide 23: Small to mid sized journey completed. Mid to large sized journey begins
Small to mid sized journey completed. Mid to large sized journey begins Leading real estate Amongst India’s top five brand in Pune real estate players Double our sales while ~25% sales value from maintaining profitability Mumbai and Bengaluru Grow our Pune Growing property presence and leadership de
Slide 24: KPDL Awards
KPDL Awards Top Developer Of The Year India’s Top Challengers 2019-20 by Times Real Estate Icons West 2020 by Construction World Global Awards Online 23
Slide 25: KPDL Awards
KPDL Awards Integrated Township of the Top Township projects Year - LR (above 350 acres)- LR by Realty+ Conclave & by Times Real Estate Icons Excellence Awards- West West 2020 2020 24
Slide 26: Project Awards
Project Awards Project Launch of the Year – Universe at LR by Realty+ conclave & Excellence Awards- Pune’21 25
Slide 27: Brand, Marketing Awards
Brand, Marketing Awards India’s Most Trusted Real Estate Brand by TRA’s Brand Trust Report 2020 26
Slide 28: Brand, Marketing Awards
Brand, Marketing Awards Brand Excellence in Real Estate Sector by ABP News 27
Slide 29: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a For further information, leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a tr
Slide 30: Thank You
THANK YOU
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