Slide 1: Exchange filing cover letter
To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationship Department, ‘Exchange Plaza’, 1st Floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai – 400051 Mumbai – 400001
Slide 2: Kolte-Patil Developers Limited Results Presentation Q4 & FY24
Kolte-Patil Developers Limited Results Presentation Q4 & FY24
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
Slide 4: Table of Contents
Table of Contenats KPDL – Key Priority 1 Unleashing 2 Highlights 3 Launches Possibilities Abridged Cash Performance Flows & P&L 4 Highlights 5 6 Snapshot Consolidated Debt Profile Project About Kolte-Patil 7 Portfolio 8 Outlook 9 Developers Ltd. 3
Slide 5: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~34.65 MSF Residential real estate player of presence being Project portfolio - under in Pune incorporated in 1991 execution, approval, land (Awarded ‘Most Reputed Brand in Pune’) bank and DMA > 28 MSF Diversifying Presence Shareholding* of area
Slide 6: Kolte-Patil Developers - Unleashing Possibilities
Kolte-Patil Developers - Unleashing Possibilities • Successive years of debt • Strengthening geographical Broad-based presence selectively • Strategic, operational and reduction diversification across cities (Pune, Mumbai, financial prudence Bengaluru) • Consistently positive • Contribution to Sales
Slide 7: Business Development Strategy
Kolte-Patil Developers – Business Development Strategy Acquire projects with GDV of Rs. 8,000 crore in FY25 across Pune, Mumbai and Bengaluru Pune to contribute 70% to sales by FY25 • Acquire additional projects with top-line potential of Rs. 5,000 crore in FY25 • Strengthen presence in the existing
Slide 8: Key Highlights FY24
Key Highlights 1 FY24 New Launches – Launched projects with saleable area 5.09 msf and topline potential of Rs. 3,816 crore Business Development - Acquired projects with total estimated saleable area of ~6.8 msf and topline potential of Rs. 6,095 crore Sr. No. Region Saleable Area (msf) Topline Pote
Slide 9: Operational Highlights – Q4 & FY24
Operational Highlights – Q4 & FY24 New area sales FY24 FY23 YoY Q4FY24 Q3FY24 Q4FY23 QoQ YoY Value (Rs. Crore) 2,822 2,232 26% 743 746 704 - 6% Volume (million sq. ft.) 3.92 3.27 20% 1.03 0.98 0.97 4% 6% Realization (Rs./sq. ft.) 7,193 6,817 6% 7,226 7,579 7,225 -5% - Collections (Rs. Crore) 2,070 1
Slide 10: Region-wise Sales – FY24
Region-wise Sales – FY24 Total Sales Value Total Area Sold Total Collection Total Projects Rs. 2,822 crore 3.92 msf Rs. 2,070 crore Rs. 2,680 crore 3.84 msf Rs. 1,782 crore Pune (95%) (98%) (86%) Mumbai Rs. 142 crore 0.09 msf Rs. 288 crore + Bengaluru (5%) (2%) (14%) 9
Slide 11: Sales & Collections – Ongoing Projects – Q4 FY24
Sales & Collections – Ongoing Projects – Q4 FY24 Sales Value APR Collections Project Location Area Sold (msf) (Rs. crore.) (Rs./sft.) (Rs. crore.) Life Republic Hinjewadi 0.63 404 6,439 258 Universe(R10) ,LR Hinjewadi 0.01 7 6,321 64 24K Altura Baner 0.12 112 9,570 78 24k Manor Pimple Nilakh 0.09 91
Slide 12: Sales & Collections – Ongoing Projects – FY24
Sales & Collections – Ongoing Projects – FY24 Sales Value APR Collections Project Location Area Sold (msf) (Rs. crore.) (Rs./sft.) (Rs. crore.) Life Republic Hinjewadi 2.09 1,327 6,352 793 Universe(R10) ,LR Hinjewadi 0.25 168 6,666 225 24K Altura Baner 0.66 611 9,199 148 24k Manor Pimple Nilakh 0.21
Slide 13: New Sales Analysis – Q4 FY24
New Sales Analysis – Q4 FY24 Value (Rs. Cr) 501 445 367 716 704 701 632 746 743 73% 62% 55% 55% 48% 47% 47% 45% 39% 34% 33% 32% 30% 28% 26% 24% 20% 19% 17% 15% 14% 14% 12% 12% 12% 11% 11% 10% 9% 7% 7% 6% 5% 5% 4% 3% 2% 2% 2% 2% 2% 1% 1% 0% 0% Q4 FY22 Q1 FY23 Q2 FY23 Q3 FY23 Q4 FY23 Q1 FY24 Q2 FY24 Q
Slide 14: Priority Launches
Priority Launches Total FY23 Launches FY24 Launches FY25 Launches Topline Projects Locations Use Saleable Potential Area (msf.) (msf) (INR Cr.) (msf) (INR Cr.) (msf) (INR Cr.) Little earth Kiwale Residential 2.50 1,400 0.77 450 0.58 320 0.60 320 24K Manor Pimple Nilakh Residential 0.80 880 - - 0.55
Slide 15: Mumbai Metropolitan Region - Expanding Footprint
Mumbai Metropolitan Region - Expanding Footprint Nand Dham (Dahisar West) 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 Jal Nidhi (Goregaon West) Verve (Goregaon West) Walking distanc
Slide 16: Performance Highlights – Annual
Performance Highlights – Annual Sales Value (Rs. crore) Sales Volume (msf) APR (Rs./sft.) 2,822 3.92 7,193 2,232 6,817 3.27 6,407 5,785 1,739 2.71 5,309 2.51 1,331 2.08 1,201 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 FY20 FY21 FY22 FY23 FY24 Collections (Rs. crore) Delivery (msf) Net Debt (R
Slide 17: Performance Highlights – Quarterly
Performance Highlights – Quarterly Sales Value (Rs. crore) Sales Volume (mn. sq. ft.) APR (Rs./sft.) Collections (Rs. crore) 746 743 704 701 1.03 589 592 0.97 0.98 0.98 7,545 7,579 632 0.93 7,225 7,226 513 493 6,426 472 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24 Q4 FY23 Q1 FY24 Q2 FY24 Q3 FY24 Q4 FY24
Slide 18: Abridged Cash Flows
Abridged Cash Flows Q4 FY24 FY24 Abridged Cash flows - (Rs. crore) (Un-Audited) (Un-Audited) Opening Balance* - A 563 452 Operating Activities: Collections 571 1,989 Construction Cost -316 -1,089 Other Expenses -62 -314 Direct & Indirect Taxes -26 -151 Operating Cashflow – B 167 435 Financing Activi
Slide 19: Consolidated – Debt Profile
Consolidated – Debt Profile Consolidated Debt Profile (Rs. crore) 31st March, 2024 31st December, 2023 31st March, 2023 CCM CCM CCM Net Worth 734 761 867 Gross Debt 1,079 1,035 542 Less: OCD/CCD/OCPRS/Zero Coupon NCDs 600 589 73 Debt 478 446 468 Less: Cash & Cash Equivalents & Current 503 478 356 In
Slide 20: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot P&L Snapshot (Rs. crore) Q4 FY24 Q3 FY24 Q4 FY23 FY24 FY23 YoY Revenue from Operations 526.4 75.8 796.9 1,371.5 1,488.4 -7.9% EBITDA -6.9 -36.7 173.4 51.1 189.3 -73.0% EBITDA Margin (%) -1.3% -48.4% 21.8% 3.7% 12.7% Profit before tax -41.5 -63.7 172.0 -61.1 169.
Slide 21: KPDL Project Portfolio – 31.03.24
KPDL Project Portfolio – 31.03.24 Gross Details (including partner’s share) Gross Details (including partner’s share) Projects KPDL Ongoing & Under KPDL Ongoing & Under Land Bank Total Projects (Mumbai) Land Bank Total (Pune Excl. LR) Share Unsold Approval Share Unsold Approval 24K Altura (Baner) 10
Slide 22: Business Outlook
Business Outlook Sector consolidation Diversifying geographical presence Efficient capital deployment • Formalization of the Indian real estate sector, driven • 15 society redevelopment projects in Mumbai • Continue to evaluate strategic and financial by conducive legislations now in place and furth
Slide 23: Awards and Recognitions
Awards and Recognitions - KPDL received 60+ awards in the last five years KPDL Awards Legacy Brand in Real Estate – Pune, Most Iconic Luxury Brand in Real Trusted Brand of the Year, Times Top Developer of the year, Times Real Times Power Brands, 2023 Estate,24K, ET Business Awards, 2022 Realty,2021-
Slide 24: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a trusted name with a reputat