Peninsula Land Limited · NSE:PENINLAND
Peninsula Land — Investor Presentation (November 2013)
32 slides from Peninsula Land's investor presentation, November 2013
Slide 1: Peninsula Land Limited Corporate Presentation
PENINSULA LAND LIMITED Corporate Presentation November 2013 1
Slide 2: Ashok Piramal Group Overview
Ashok Piramal Group Overview The Group is a diversified, family-owned, professionally managed business conglomerate The Group operations are spread across India and Europe Has presence in Textiles (Morarjee Textiles) Real estate (Peninsula Land) Auto – components (PMP) Cutting tools (M
Slide 3: Peninsula Land – Company Overview
Peninsula Land – Company Overview Commenced Real Estate operations in 1997 Executed projects aggregating to 6.4 mn sq ft (current market value ~Rs14,000 Cr) Around 18 mn sq ft development in pipeline Well recognized brands Presence in West and South India 3
Slide 4: Peninsula Land - Milestones
Peninsula Land - Milestones Pipeline of 18 mn sq ft in west and south India Completed development of Peninsula Technopark and Peninsula Business Park Completed construction 2012 of Ashok Towers at Parel 2010 Raised Rs 525 Cr through QIP 2011 Completed construction of Ashok Raised Rs 156 Cr 2008 Gard
Slide 5: Peninsula Land – Financial snapshot
Peninsula Land – Financial snapshot Topline of Rs. 850 Cr in FY13 (Rs 644 Cr in FY12) Operating EBIDTA at Rs 199 Cr FY13 (Rs 180 Cr in FY12) Debt / Equity ratio of 0.85 (gross) as on September 30, 2013 Cash and cash equivalent of Rs 121 Cr as on September 30, 2013 Debt / Equity ratio is 0.77(net) as
Slide 6: Peninsula Land – Financial Summary
Peninsula Land – Financial Summary (Amount in Rs Cr) Particulars 2010-11 2011-12 2012-13 Total Revenue 611 644 850 EBITDA 326 346 384 Operating EBITDA 194 180 199 PBT 303 182 217 PAT 246 157 197 Debt to Equity ( gross) 0.63 0.71 0.6 Total Assets 2611 2968 3027 6
Slide 7: Completed Projects
Completed Projects Retail Commercial Residential PROJECT AREA („000 sqft) PROJECT NAME AREA („000 sqft) PROJECT NAME AREA („000 sqft) Crossroads 150 Peninsula Corporate Park 893 Palm Beach 37 CR2 225 Peninsula Centre 91 Kanjurmarg 800 Bayside Mall 20 Ashok House 25 Center Point 52 Ashok Towers 1,077
Slide 8: Completed Projects
Completed Projects Peninsula Centre Crossroads CR2 Ashok Towers Peninsula Corporate Park Centerpoint Ashok Gardens Peninsula Technopark Peninsula Business Park 8
Slide 9: Geographic Focus
Geographic Focus Presence in Key urban Tier 1 & 2 Cities in Western & Southern India MUMBAI: Completed 6.4 mn sq ft till date Focus continues on Mumbai with 5 projects in pipeline NASIK: Residential project – under development ALIBAUG: 2 projects in pipeline GOA: PUNE: Nashik Residential project – u
Slide 10: Project Under Execution
Project Under Execution Residential Projects Mumbai Pune Vacation Home PROJECT NAME AREA („000 sqft) PROJECT NAME AREA („000 sqft) PROJECT NAME AREA („000 sqft) Bishopsgate 89 Ashok Meadows, Hinjewadi 1697 Ashok Beleza, Goa 384 Celestia Spaces, Sewree 690 Ashok Nirvaan, Lonavala 350 Nasik PROJECT AR
Slide 11: Project Under Execution: Bishopsgate
Project Under Execution Mumbai – Residential Project Structure Project Name: Bishopsgate The project is a joint venture with KBK Group Area: Bhulabai Desai Road Peninsula‟s share is 50% in the project Saleable Area - 89,000 sq ft Land acquisition has been completed Land cost – Rs. 288 Cr Architect:
Slide 12: Project Under Execution: Celestia Spaces
Project Under Execution Mumbai – Residential Project Structure Celestia Spaces, Bhattad ( Phase1) PLL has bought development rights of the Location : Sewree project and will receive area share of 64% Saleable Area – 690,000 sq.ft. The land-owner, HEM Bhattad to receive 36% of the revenue Planned com
Slide 13: Project Under Execution: Ashok Meadows
Project Under Execution Hinjewadi – Residential Project Structure The project is a joint venture with Clovers. Project Name: Ashok Meadows 85 % Economic Interest of Peninsula Group Saleable Area - 1,697,000 sq. ft. (60 % PLL & 25% Peninsula Realty Fund) Land cost – Rs. 150 Cr Land acquisition has be
Slide 14: Project Under Execution: Ashok Astoria
Project Under Execution Nasik – Residential Project Structure Project Name: Ashok Astoria PLL has 100% stake in this project Saleable Area – 5,80,000 sq ft Land acquisition has been completed Land cost: Rs. 18 Cr Architect: Hafeez Contractor Planned Completion – Q 4 FY 2015 Current Status: Work in p
Slide 15: Project Under Execution: Ashok Nirvaan
Project Under Execution Lonavala - Residential Project Structure Project Name: Ashok Nirvaan The project is a joint venture with Peninsula Realty Fund Saleable Area - 350,000 sq ft (42 units) Land costs are being funded between PLL and Land cost – Rs. 33 Cr Peninsula Realty Fund in the ratio 25:75 S
Slide 16: Project Under Execution: Ashok Beleza
Project Under Execution Goa - Residential Project Structure Project Name: Ashok Beleza The project is a joint venture with Saleable Area – 3,84,000 sq. ft. Peninsula Realty Fund Land cost: Rs. 57 Cr Land costs are being funded between PLL and Peninsula Realty Fund in the ratio Planned Completion – Q
Slide 17: Project Under Execution-Summary
Project Under Execution-Summary (Area in 000 Sq ft and Amount in Rs Cr) Inven Launched Sold Expected Saleable Sold tory / Planned Project Name Phase Location Current Status Area Completion Area Value in Launch Sq ft /Sales Date hand Date Ashok Astoria Phase 1 Nashik Completed construction 316 240 79
Slide 18: Projects in pipeline
Projects in pipeline Residential Projects Mumbai Pune Vacation Home PROJECT NAME AREA („000 sqft) PROJECT NAME AREA („000 sqft) PROJECT NAME AREA („000 sqft) Carmichael Road 143 Mamurdi 10000 Sogaon, Alibaug 638 Bhattad-PMC, Sewree 1200 Tathavade 1043 Saral, Alibaug 50 Napeansea Road 49 Bengaluru PR
Slide 19: Projects in pipeline: Nirmal Villa
Projects in pipeline Mumbai – Residential Project Structure Project Name: Nirmal Villa The project is a joint venture with KBK Group Area: Carmichael Road Peninsula‟s share is 40% in the project Saleable Area - 143,000 sq ft Land acquisition has been completed Land cost – Rs. 394 Cr Architect: Skidm
Slide 20: Projects in pipeline: Celestia Spaces Phase II
Projects in pipeline Mumbai – Residential Project Structure Project Name: Celestia Spaces–(Phase II) PLL has obtained PMC rights and will get 8% of top-line. The development will be under Cluster redevelopment Architect Hafeez Contractor. Saleable Area – 1,200,000 sq ft Planned Completion - FY 2020
Slide 21: Projects in pipeline: Ram Mansion
Projects in pipeline Mumbai – Residential Project Structure Project Name: Ram Mansion The project is a joint venture with Peninsula Realty Fund Area: Napeansea Road Land costs are being funded between PLL and Saleable Area – 49,000 sq ft Peninsula Realty Fund in the ratio 78:22 Land cost – Rs. 124 C
Slide 22: Projects in pipeline: Ashok Paradise
Projects in pipeline Bengaluru –Residential Project Structure Project Name: Ashok Paradise The project is a joint venture with Peninsula Realty Fund Area: J P Nagar Land costs are being funded between PLL and Saleable Area – 625,000 sq. ft. Peninsula Realty Fund in the ratio 80:20 Land cost – Rs. 14
Slide 23: Projects in pipeline: Mahadeopura
Projects in pipeline Bengaluru –Residential Project Structure Area: Mahadeopura The project is entirely owned by PLL Saleable Area – 634,000 sq. ft. Land acquisition is under deferred payment Land cost – Rs. 76 Cr mode for 2 years. Planned Completion - FY 2019 Paid Rs. 30 Cr till date 23
Slide 24: Projects in pipeline: Tathavade
Projects in pipeline Pune – Mixed Use Project Structure The project is a joint venture with JMM and Area: Tathavade Clovers Group Saleable Area - 1,043,000 sq ft Peninsula Share is 56% in the project Land cost – Rs. 75 Cr Land acquisition has been completed Planned Completion - FY 2016 Architect: RS
Slide 25: Projects in pipeline: Mamurdi Gahunje
Projects in pipeline Pune – Residential Project Structure Area: End of Mumbai – Pune Expressway The project is entirely owned by PLL called as Mamurdi Gahunje Land acquisition has been completed Developable Area – 10,000,000 sq. ft. Architect: Kapadia Associates Pvt Ltd Land cost – Rs. 360 Cr Planne
Slide 26: Projects in pipeline: Alibaug
Projects in pipeline Alibaug Samira - Residential Project Structure Area: Sogaon The project is joint venture with Samira Habitats Saleable Area – 638,000 sq ft Peninsula‟s share is 85% in the project Land cost – Rs. 32 Cr Land acquisition has been completed Planned Completion – FY 2017 Architect: G
Slide 27: Projects in pipeline - Summary
Projects in pipeline - Summary Saleable Land Expected Development Development Name/ Locality Location Area – JV Partner Our Share Cost Completion Type Model 000 sq.ft. ( crs) Date Carmichael Road Mumbai Resi JV 143 KBK Group 40% 394 FY 17 Celestia Spaces, Sewree PMC of 8 %+ Mumbai Resi JV 1200 Bhatt
Slide 28: Reputed and well-balanced management team
Reputed and well-balanced management team Reputed and well – balanced management team Experienced promoter group supported by professional management team Urvi Piramal Rajeev Piramal Mahesh Gupta Group Chairperson Vice Chairman Group Managing Director & Managing Director • > 29 years experience of •
Slide 29: Reputed and well-balanced management team: Other Board members
Reputed and well-balanced management team Reputed and well – balanced management team Other Board members • Expertise: Taxation, Audit and Finance Sudhindra • Expertise: Strategy, Re-engineering & Technolo Bhavna Doshi • Senior advisor to KPMG Khanna • Retired from Accenture as Global Managing • Has
Slide 30: Organizational Structure
Organizational Structure Peninsula Land is a fully integrated real estate development and management company, with over 300 employees Peninsula Land Organizational Structure Rajeev Piramal Vice Chairman & Managing Director Rajnikant Venkatraman Rajagopala Agrawal Suraj Balaraman Bharat n Ajay Reche
Slide 31: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 32: Thank You
[im] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP
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