Slide 1: Investor Presentation Q4 & FY 2011-12
INVESTOR PRESENTATION Q4 & FY 2011 - 12 www.prestigeconstructions.com
Slide 2: Index
Index • Highlights of Q4 & FY 2011-12 • Financials • Sales Summary • Debt Profile • Receivables Profile • Rental Portfolio • Project Portfolio & Update • About Prestige • Awards & Recognition www.prestigeconstructions.com
Slide 3: Highlights of Q4 & FY 2011-12
HIGHLIGHTS OF Q4 & FY 2011-12 www.prestigeconstructions.com
Slide 4: Highlights of Q4 & FY 2011-12
Highlights of Q4 & FY 2011 - 12 Performance Overview Quarter IV Quarter III FY 2011-12 FY 2010-11 Turnover (Rs. Mn) 2,177 1,798 7,992 14,615 EBIDTA (Rs. Mn) 842 (39%) 630 (35%) 2,907 (36%) 4,003 (27%) PAT (Rs. Mn) 383 (18%) 281 (16%) 1,291 (16%) 2,035 (14%) Weighted Average Cost of Debt 13.63% 13.50
Slide 5: Highlights of Q4 & FY 2011-12: Business Performance
Highlights of Q4 & FY 2011 - 12 Business Performance Launches Launch Developable Economic No. of Units Units Project Location Segment % Sold Date Area in Sqft Interest (PEPL Share) Sold Prestige Tranquility Bangalore Residential Jun-11 4,565,914 100% 2,368 1,735 73.27% Prestige Park View Bangalore R
Slide 6: Financials Update
FINANCIALS UPDATE www.prestigeconstructions.com www.prestigeconstructions.com
Slide 7: Financials: Balance Sheet
Financials Balance Sheet As At 31st March, 2012 Rs. in Lakhs As at 31-Mar-12 As at 31-Mar-11 I. EQUITY AND LIABILITIES 1. Shareholders’ funds (a) Share capital 32,807 32,807 (b) Reserves and surplus 179,895 171,566 2. Non-current liabilities (a) Long-term borrowings 15,183 25,542 (b) Deferred tax li
Slide 8: Financials: Profit & Loss Account
Financials Profit & Loss Account For The Period Ended 31st March, 2012 Rs. in Lakhs Quarter ended Year Ended Year Ended 31-Mar-12 31-Dec-11 31-Mar-11 31-Mar-12 31-Mar-11 (Unaudited) (Unaudited) (Unaudited) (Audited) (Audited) INCOME Income from operations Residential and commercial projects 15,038 1
Slide 9: Financials: Key Ratios
Financials Key Ratios Rs. in Lakhs Quarter ended Year Ended Sl. No Particulars 31-Mar-12 Ratio/ 31-Dec-11 Ratio/ 31-Mar-11 Ratio/ 31-Mar-12 Ratio/ 31-Mar-11 Ratio/ (Unaudited) % (Unaudited) % (Unaudited) % (Audited) % (Audited) % Sale of Projects & 1 Property Income 20,212 16,686 46,546 74,547 138,5
Slide 10: Financials: Key Ratios
Financials Key Ratios Rs. in Lakhs Quarter ended Year Ended Sl. No Particulars 31-Mar-12 Ratio/ 31-Dec-11 Ratio/ 31-Mar-11 Ratio/ 31-Mar-12 Ratio/ 31-Mar-11 Ratio/ (Unaudited) % (Unaudited) % (Unaudited) % (Audited) % (Audited) % 11 PBT 5,785 27% 3,889 22% 9,603 19% 18,169 23% 28,832 20% 12 Tax 1,95
Slide 11: Sales Summary
Sales Summary Area in Mn sft Rs. Mn Quarter I Quarter II Quarter III Quarter IV FY 2011-12 FY 2010-11 Particulars Area Units Value Area Units Value Area Units Value Area Units Value Area Units Value Area Units Value Residential Mid Income Segment 0.29 197 1,125 1.93 1,429 6,686 0.81 536 3,145 1.15 7
Slide 12: Unrecognized Revenue from Projects under Construction
Unrecognized Revenue from Projects under Construction Rs. Mn Total Sales value of Cumulative turnover Balance Turnover to Sl. No Projects units sold as on declared up to be declared on POC 31.03.2012 31.03.12 A Ongoing Residential Projects 1 Prestige Golfshire Phase -1 4,274 2,309 1,965 2 Prestige W
Slide 13: Project Debtors Summary
Project Debtors Summary Rs . Mn Opening Balance as at Amount Closing Balance as Name of the Project New Sales 01.01.2012 Realised at 31.03.2012 Completed Projects Prestige Alecto 38 - 38 Prestige Andree Residences 3 - - 3 Prestige Ashcroft 12 81 89 4 Prestige Atrium 98 - 93 5 Prestige Cyber Towers 3
Slide 14: Project Debtors Summary
Project Debtors Summary Rs . Mn Closing Opening Balance Incremental POC POC Amount Name of the Project Balance as at as at 01.1.2012 Turnover Adjustment Realised 31.03.2012 On Going Projects Prestige Khoday Towers 80 26 27 35 98 Prestige Golfshire 884 385 (58) 63 1,148 Sub Total – B 964 411 (32) 98
Slide 15: Debt Profile
Debt Profile Rs. Mn Consolidated Particulars Standalone % % Loan * Debt as on 31.03.2012 Secured Loan 11,564 99% 18,054 98% a. Project Debt - Residential & Commercial 7,237 63% 7,962 44% b. Capex Loans - Office Space - - 734 4% - Retail - - 710 4% - Hospitality 500 4% 1,007 6% c. Rental Securitisati
Slide 16: Receivables Profile
Receivables Profile Revenue Generating Projects (Ongoing) Area in Msf Value in Rs. Mn Developable Area 26.11 Cost Car Park Area 4.40 Saleable Area 21.71 43,357 Partner Share Prestige Share Balance to be Already Incurred Value NA Value 101,132 spent Area 3.22 Area 18.49 7,248 36,108 Sales achieved (
Slide 17: Rental Income
Rental Income As on March 31, 2012 (Areas are in Mn Sft) (Values are in Mn Rs) RENTAL INCOME OFFICE SPACE RETAIL EXISTING ONGOING UPCOMING EXISTING ONGOING UPCOMING Leasable Area Leasable Area* Leasable Area Leasable Area Leasable Area* Leasable Area 4.47 5.61 1.50 0.67 3.13 1.20 Prestige Share in P
Slide 18: Annualised Projected Rentals
Annualised Projected Rentals RENTAL INCOME PROJECTS Value in Rs. Mn OFFICE RETAIL SPACE EXISTING ONGOING UPCOMING EXISTING ONGOING UPCOMING Total Cost Total Cost Total Cost Total Cost Total Cost Total Cost (Net Block) (Net Block) 4,388 14,556 3,373 1,520 9,284 3,303 Cost incurred Cost incurred Cost
Slide 19: Annualised Projected Exit Rentals for Area Leased
Annualised Projected Exit Rentals for Area Leased Rs in Mn Area in msf Total Leasable Area Leased Rent P.a Sl. No Project Name Segment PEPL Share Area Prestige Share (Annualised) Rental Income Existing as on March 2011 1 Prestige Estates Projects Ltd Commercial 1.60 1.60 1.60 720 2 Cessna Business P
Slide 20: Project Portfolio & Update
PROJECT PORTFOLIO & UPDATE www.prestigeconstructions.com www.prestigeconstructions.com
Slide 21: Business Segments
Business Segments Our Business Residential Commercial Retail Hospitality Services Apartments Malls Resorts Sub-leasing and Office Space fit-out services Service Project and Villas SEZs Apartments Construction Mgmt services Built-to-suit Townships Hotels Interior Design Campuses and Execution Plotted
Slide 22: Product Mix
Product Mix By Geography By Segment Ongoing Projects Ongoing Projects 3% 3% 12% Residential 12% Bangalore 15% 6% Commercial Hyderabad Chennai 33% Hospitality 76% Mysore Retail 40% Mangalore Upcoming Projects Upcoming Projects 3% 3% Bangalore 10% Residential 23% Mangalore Commercial Chennai 26% Hospi
Slide 23: Ongoing Projects: Residential
Ongoing Projects Residential Developable Area in Economic Sl. No Project Location No of Units PEPL Share Sqft. Interest 1 Prestige Golfshire- Villas Bangalore 1,753,255 100.00% 228 228 2 Prestige White Meadows -1 Bangalore 1,067,956 100.00% 163 163 3 Prestige White Meadows -2 Bangalore 1,163,411 62.
Slide 24: Ongoing Projects: Commercial
Ongoing Projects Commercial Economic Sl. No Project Location Developable Area in Sft PEPL Share Interest 1 Prestige Shantiniketan ( C Block) Bangalore 758,000 83.20% 630,656 2 Cessna Business Park B7 - B11 Bangalore 4,330,323 60.00% 2,598,194 3 Prestige Polygon Chennai 659,499 60.00% 395,699 4 Prest
Slide 25: Ongoing Projects: Hospitality and Retail
Ongoing Projects Hospitality Developable Area Economic Sl. No Project Location PEPL Share No. Of Keys in Sft Interest 1 Aloft Bangalore 286,188 60.00% 171,713 202 2 Hilton Bangalore 450,000 100.00% 450,000 285 3 Forum Value Mall - Service Apts Bangalore 369,146 35.00% 129,201 142 Marriot Hotel + Con
Slide 26: Upcoming Projects: FY 12-13 Residential
Upcoming Projects: FY 12-13 Residential Developable Sl. No Project Location Economic Interest PEPL Share Area in Sft 1 Prestige Silver Crest Bangalore 251,655 100.00% 251,655 2 Prestige Garden Bay Bangalore 641,253 72.00% 461,702 3 Prestige Maybery-1 Bangalore 121,475 45.00% 54,664 4 Prestige Mayber
Slide 27: Upcoming Projects: FY 12-13 Commercial
Upcoming Projects: FY 12-13 Commercial Developable Sl. No Project Location Economic Interest PEPL Share Area in Sqft 1 Forum Thomsun Cochin 200,000 25.00% 50,000 2 TM Square Cochin 322,131 50.00% 161,066 3 Prestige Summer Fields Bangalore 158,400 43.00% 68,112 4 Prestige Khoday Platinum Bangalore 48
Slide 28: Upcoming Projects: FY 12-13 Hospitality and Retail
Upcoming Projects: FY 12-13 Hospitality Developable Area Economic Sl. No Project Location PEPL Share No. Of Keys in Sqft Interest 1 Forum Thomsun Cochin 550,000 25.00% 137,500 200 Total - C 550,000 137,500 200 Retail Developable Area Economic Sl. No Project Location PEPL Share in Sqft Interest 1 For
Slide 29: Land Bank & Projects Under Planning
Land Bank & Projects Under Planning Land Area in Economic PEPL Share in Sl. No Entity Name Location Acres Interest Acres 1 Prestige Bidadi Holds Pvt Ltd Bidadi 142.74 100.00% 142.74 2 Prestige Projects Pvt Ltd Bangalore 168.00 33.00% 55.44 3 Prestige Garden Resorts Pvt Ltd Bangalore 9.00 50.00% 4.50
Slide 30: About Prestige
ABOUT PRESTIGE www.prestigeconstructions.com www.prestigeconstructions.com
Slide 31: Advantage Prestige
Advantage Prestige • One of South India’s leading developers with a legacy spanning over 25 years, 163 projects, and over 46.97 msf • A name synonymous with excellence across all asset classes in Real Estate, i.e. Residential, Commercial, Retail and Hospitality sectors • Spearheaded by Mr. Irfan Raz
Slide 32: Ratings & CSR
Ratings & CSR • Upgraded to a DA1 Developer rating by CRISIL and is currently the only developer in India to receive this rating (this rating indicates the Company’s excellent ability to execute real estate projects as per specified quality levels within stipulated time schedules and to transfer cle
Slide 33: Management: Board of Directors
Management Board of Directors Irfan Razack Rezwan Razack Noaman Razack Chairman & Managing Director Joint Managing Director Director Jagdeesh K. Reddy B.G. Koshy Noor Ahmed Jaffer Dr. Pangal Ranganath Nayak Independent Director Independent Director Independent Director Independent Director www.prest
Slide 34: Management: Key Management Personnel
Management Key Management Personnel Faiz Rezwan Uzma Irfan Zackira Hashim Executive Director, Contracts & Projects Executive Director, Corporate Comm. Executive Director, Land Acquisition Zaid Sadiq Venkat K Narayan V. Gopal Executive Director, Liasioning & Hospitality Executive Director, Finance &
Slide 35: Shareholding Pattern
Shareholding Pattern Foreign Institutional Investors Mutual Fund Promoters Public & Others 1% 13% 6% 80% As on 31 March, 2012 www.prestigeconstructions.com 35 www.prestigeconstructions.com
Slide 36: Awards & Recognition
Awards & Recognition International Property Awards - Asia Pacific Sl. No Award Property 1 Highly Commended Industrial Development India Cessna Business Park 2 Best Retail Development Asia Pacific Forum Sujana Mall Hyderabad 3 Highly Commended Interior Design Apartment India Neptune's Courtyard 4 Bes
Slide 37: Awards & Recognition
Awards & Recognition Good Green Realty Plus – Realty Plus – Governance Developer of The Industry Choice Award – 2011, Year, Residential Developer of The Runners Up Year, Commercial International Property Awards INC India 500 – Exemplary Asia Pacific, 2012-2013 Growth www.prestigeconstructions.com 37
Slide 38: Disclaimer
DISCLAIMER This presentation has been prepared by Prestige Estates Projects Limited (“Company”) solely for providing information about the Company. It contains certain forward looking statements concerning Prestige Estates Projects Ltd’s future business prospects and business profitability, which ar
Slide 39: Thank You
Thank You Prestige Estates Projects Ltd. Mr. Venkat K. Narayan The Falcon House, Executive Director - Finance & CFO No. 1, Main Guard Cross Road, Phone: +91 -80 – 25001280 Bangalore – 560 001 E-mail: investors@prestigeconstructions.com Phone: +91 -80 – 25591080 Fax: + 91 – 80 - 25591945 www.prestige