Nirlon Limited · BSE:NIRLON
Nirlon — Q3 FY25 Earnings Presentation
18 slides from Nirlon's earnings presentation, Feb 13, 2025
Slide 1: BSE cover letter: outcome of Board meeting
Nirlon Limited CIN: L17120MH1958PLC011045 Pahadi Village, off the Western Express Highway, Goregaon (East), Mumbai 400 063. Tele: +91 (022) 4028 1919 / 2685 2257 / 58 / 59, Fax: +91 (022) 4028 1940 E-mail id : info@nirlonltd.com,Website:www.nirlonltd.com =============================================
Slide 2: Earnings Presentation Q3/9M-FY25
she —_| EARNINGS PRESENTATION NIRLON LIMITED | Q3/9M-FY25
Slide 3: Snapshot
Snapshot Key Strengths Focus on Sustainability NKP Characteristics Key Financials Present in the commercial / IT-ITES Environmentally Friendly Campus Occupier friendly design with Consistent and Sustainable License Fee real estate sector for 17 years typical ~80% efficiency Income Experienced manage
Slide 4: Company Overview
Company Overview Total Income (INR Mn) & EBITDA Margins (%) • Nirlon Limited was incorporated in 1958 and was a pioneer in the manufacturing of synthetic yarns and industrial rubber products in India. 5,756 6,074 • Since 2006, Nirlon has primarily been in the business of development and management o
Slide 5: Nirlon Knowledge Park – The Master Plan
Nirlon Knowledge Park – The Master Plan Conveniently located on Mumbai Metro Line-7 Station on the Western Mumbai's Western Express Express Highway, just Highway, one of Mumbai's main outside the campus arterial roads, NKP is an easy commute from the western and Phase – IV eastern suburbs of Mumbai.
Slide 6: Phase Wise Details & License Renewals
Phase Wise Details & License Renewals License Due for Renewals/Resets (Thousands Sq. ft.) as on 31st December 2024 Phases I II III IV V Total Of this, 139k sqft relicensed, terms 800 finalized for 728 additional 60k sqft 700 Constructed Area Of this, 78k 1.29 0.38 0.55 0.76 1.78 4.77 600 sqft relice
Slide 7: Q3/9M-FY25 Financial Overview
Q3/9M-FY25 Financial Overview
Slide 8: Operational Highlights
Operational Highlights Marketing Updates • Morgan Stanley has given notices for vacating the approx. 449,000 sq.ft. it occupies, of which the last notices for approx. 176,000 sq.ft. were received in Dec. 24. The spaces will be vacated largely in Q4FY25 and Q1FY26. Of this space, approx. 230,000 sq.f
Slide 9: Notes to Financials
Notes to Financials • Estimated CSR expense for FY25 of approx. Rs. 48.28 Mn., has been fully provisioned in Q1FY25, as per statutory requirements. Tax: • The rate of income tax applicable from the current year i.e. FY 2024-25 will be 34.94% as against 29.12% earlier, as the company’s turnover excee
Slide 10: Q3/9M-FY25 Financial Highlights
Q3/9M-FY25 Financial Highlights Q3-FY25 Financial Highlights: 9M-FY25 Financial Highlights: INR 1,639 Mn INR 1,334 Mn 81.39% INR 4,843 Mn INR 3,862 Mn 79.74% Total Income EBITDA EBITDA Margin Total Income EBITDA EBITDA Margin INR 897 Mn INR 583 Mn 35.57% INR 2,545 Mn INR 1,646 Mn 33.99% PBT PAT PAT
Slide 11: Quarterly Financial Performance (Ind AS)
Quarterly Financial Performance (Ind AS) Particulars (INR Mn) Q3-FY25 Q2-FY25 Q-o-Q Q3-FY24 Y-o-Y License Fees 1,427 1,423 0.3% 1,344 6.2% Other Operating Income (CAM, etc.) 186 179 3.9% 177 5.1% Other Income 26 23 13.0% 12 NA Total Income 1,639 1,625 0.9% 1,533 6.9% Total Expenses 305 316 (3.5)% 32
Slide 12: 9M-FY25 Financial Performance (IndAS)
9M-FY25 Financial Performance (IndAS) Particulars (INR Mn) 9M-FY25 9M-FY24 Y-o-Y License Fees 4,250 4,012 5.9% Other Operating Income (CAM, etc.) 531 486 9.3% Other Income 62 32 93.8% Total Income 4,843 4,530 6.9% Total Expenses 981 943 4.0% EBITDA 3,862 3,587 7.7% EBITDA Margins (%) 79.74% 79.18% 5
Slide 13: License Fees & Occupancy Rates
License Fees & Occupancy Rates 1800 23 26 12 10 14 1600 13 6 4 8 12 7 8 165 179 186 1400 140 184 146 177 198 135 INR Mn 110 116 164 1200 1000 4 9 4 8 10 7 800 98 100 104 115 105 110 1400 1423 1427 600 1,260 1,266 1,291 1,297 1,297 1,337 1260 1,344 1336 400 700 697 827 656 646 684 200 0 Q2-FY21 Q3-FY
Slide 14: Historical Financial Performance (Ind AS)
Historical Financial Performance (Ind AS) Particulars (INR Mn) FY22 FY23 FY24 9M-FY25 License Fees 3,416 5,151 5,348 4,250 Other Operating Income (CAM, etc.) 423 575 684 531 Other Income 28 30 42 62 Total Income 3,867 5,756 6,074 4,843 Total Expenses 865 1,146 1,260 981 EBITDA 3,002 4,610 4,814 3,86
Slide 15: Balance Sheet (Ind AS)
Balance Sheet (Ind AS) Particulars (INR Mn) FY23 FY24 H1-FY24 Particulars (INR Mn) FY23 FY24 H1-FY24 EQUITY 4,018 3,731 3,802 Non-Current Assets 20,614 20,480 20,070 a) Equity Share Capital 901 901 901 b) Other Equity 3,117 2,830 2,901 a) Property, Plant and Equipment 4 4 4 LIABILITIES b) Capital Wo
Slide 16: Key Financial Highlights
Key Financial Highlights Total Income (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT* (INR Mn) & PAT Margin (%) 5,756 6,074 4,610 4,814 4,843 2,056 3,862 1,579 3,867 3,002 1,646 1,108 33.85% 77.63% 80.09% 79.26% 79.74% 28.65% 33.99% 27.43% FY22 FY23 FY24 9M-FY25 FY22 FY23 FY24 9M-FY25 FY22 FY23 FY
Slide 17: Capital Market Data
Capital Market Data 1 Year Share Price Movement (up to 31st December, 2024) 25.00% 20.00% Nirlon 15.00% 10.00% 5.00% 0.00% -5.00% Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Oct-24 Nov-24 Dec-24 Price Data (As on 31st December, 2024) INR Shareholding Pattern (As on 31st December,
Slide 18: Disclaimer
Disclaimer Nirlon Limited This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nirlon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any