Slide 1: Investor Presentation Q3 FY24
Investor Presentation Q3 FY24 Prestige Estates Projects Ltd www.prestigeconstructions.com
Slide 2: Agenda
Agenda Key Segment Mumbai Management Highlights Analysis Projects • Residential • Residential • Board Of Directors • About Us • Commercial • Commercial • Leadership Team • Scale Of Operations • Key Highlights • Retail • Operational Performance • Hospitality • Financial Performance • Property Managem
Slide 3: About Us
About Us Prestige Sky Tech, Hyderabad Shot At Location 37 Years of Legacy 13 Cities DA1+ CRISIL Grading ICRA A+ Stable Rating Asset Classes Residential | Commercial Retail | Hospitality Property Management 03 www.prestigeconstructions.com
Slide 4: Scale of Operations
Prestige Group Scale of Operations @ COMPLETED TOTAL: 291 Projects, 176 mn sft 145 Projects 121 Projects 13 Projects @ Retail __ [-——————- Jo mn sft 12 Projects 04 @ Residential __ - 119 mn sft @ Commercial TT [{ 44 mn sft @ Hospitality TT — 4 mn sft (@ ONGOING TOTAL: 56 Projects, 96 mn sft 41 Proje
Slide 5: Our Strengths
Our Strengths Brand- Trust & Strong Execution & Diversified Portfolio Credibility Track Record Track Record Fiscal Discipline 05 www.prestigeconstructions.com
Slide 6: Key Highlights
Prestige Falcon City Shot At Location Key Highlights Sales • Highest ever 9M Sales: ₹163,334 Mn with YoY 81% • Highest ever 9M Collections: ₹84,788 Mn with YoY 20% Area & Units Sold • 16.13 Mn Sft Area Sold in 9M FY24 • 8402 units Sold in 9M FY24 @31 Units / Day Launches & Completions • Launched >30
Slide 7: Operational Performance Q3 FY24
Operational Performance Q3 FY24 Sales Collections Area & Avg. Realization Units Sold 53,261 ₹Mn 31,163 ₹Mn 5.46 Mn sft 9,762 ₹PSF +111% YOY +36% YOY +88% YOY +4% YOY PG Share: 5.29 Mn sft PG Share: 51,677 ₹Mn PG Share: 28,757 ₹Mn +128% YOY +140% YOY +44% YOY 2467 Units Sold 07 27 Units / Day www.pre
Slide 8: Operational Performance 9M FY24
Operational Performance 9M FY24 Sales Collections Area & Avg. Realization Units Sold 1,63,334 ₹Mn 84,788 ₹Mn 16.13 Mn sft 10,143 ₹PSF +81% YOY +20% YOY +45% YOY 19% YOY PG Share: 14.94 Mn sft PG Share: 1,52,177 ₹Mn PG Share: 77,730 ₹Mn +52% YOY +87% YOY +24% YOY 8402 Units Sold 31 Units / Day 08 www
Slide 9: Sales – Project wise / Avg. Realization
Sales – Project wise / Avg. Realization Top Sales Contributors – Q3 FY 24 Top Sales Contribution ₹ Mn 24,159 9,503 Sales 4,002 2,441 2,246 Q3 FY24 The Prestige City Prestige Park Grove Prestige Ocean Prestige Serenity Prestige Glenbrook Hyderabad Towers Shores ₹ 10,369 10,244 9,762 9,761 9,371 7,724
Slide 10: Launches
Q3 Developable Launches S.No Projects Launched Location Segment Area (Mnsf) No of Units 1 Prestige Ocean Towers Mumbai Residenatial 1.35 169 2 Prestige Glenbrook Bengaluru Residenatial 0.66 285 3 The Prestige City @ Hyd - Apt Hyderabad Residenatial 12.61 4,647 Total 14.62 5,101 Total Launches (9M) Q
Slide 11: Completions
Q3 Developable No of Units S.No Projects Completed Location Segment Area (Mnsf) 1 Prestige Ocean Crest Goa Residential 0.30 106 2 Moxy B’luru Airport Prestige Tech Cloud Bengaluru Hospitality 0.17 - 3 Prestige Sky Tech Total Hyderabad Commercial 3.64 4.12 - 106 Completions Q2 1 Forum Thomsun Kochi R
Slide 12: Financial Performance Q3 FY24
Financial Performance Q3 FY24 Revenue PAT • ₹1,644 mn • ₹19,705 mn • 1.48% YoY • -16.06% YoY EBITDA % • ₹7,262 mn • EBITDA 36.85% • 20.09% YoY • PAT 8.34% 12 www.prestigeconstructions.com
Slide 13: Financial Performance 9M FY24
Financial Performance 9M FY24 Revenue PAT • ₹13,921 mn • ₹71,928 mn • 148% YoY • 23.29% YoY EBITDA % • ₹31,504 mn • EBITDA 43.8% • 102.56% YoY • PAT 19.35% 13 Above Items include gain of ₹8,512 mn recognized during Q2 FY24 on acquisition of Prestige (BKC) Realtors Pvt Ltd & Turf Estate Joint Venture
Slide 14: Segment Wise Results & Capital Employed
Segment Wise Results & Capital Employed (in ₹ Million) Others 9 Months FY 2023-24 Office Retail Hospitality Services Residential Total (Note 1) Revenue 2,251 1,851 5,506 7,034 36,924 3,565 57,131 EBITDA (excluding other income) 1,982 1,075 1,919 1,003 7,163 3,565 16,707 EBITDA % 88% 58% 35% 14% 19%
Slide 15: Segment Wise Results & Capital Employed
Segment Wise Results & Capital Employed (in ₹ Million) 9 Months FY 2023-24 Office Retail Hospitality Services Residential Others Total Capital Employed Equity A 55,813 13,469 22,929 1,111 18,163 - 111,485 Debt (including ongoing capex) B 20,365 10,625 9,061 - 53,232 - 93,283 Debt taken for ongoing c
Slide 16: Debt Profile
Debt Profile Project Debt - Residential & Commercial for sales Office Space Debt Equity Ratio Hospitality 0.60 Lease Rental Discounting Net Debt 13% ₹ 69,808 mn 10% Avg. Borrowing Cost 10.50% 59% 18% # Particulars Q2 FY24 Q1 FY24 1 Debt Equity 0.61 0.62 2 Net Debt ₹ mn 69,610 65,045 16 As on Dec 31,
Slide 17: Business Segments
Business Segments Residential Commercial Retail Hospitality Property Management 17 www.prestigeconstructions.com
Slide 18: Residential
Residential Apartments Villas Plotted Development Integrated Townships | Prestige City 18 Prestige Ocean Pearl, Kozhikode Shot at Location
Slide 19: Residential Portfolio
Residential Portfolio STOCK BREAKUP COMPLETED ONGOING UPCOMING Category Area Value(Mn) Ongoing-Premium & Luxury Projects 2.227 68,564 • 145 PROJECTS • 41 PROJECTS • 26 PROJECTS Ongoing-Mid Income Projects 10.618 89,471 • 119 MN SFT • 72 MN SFT • 53 MN SFT Ongoing Commercial Projects 0.084 844 Comple
Slide 20: Ongoing Residential Projects
Bengaluru Hyderabad 1 Prestige White Meadows T3 0.50 100% 0.50 FY 25 Ongoing Residential 2 Prestige Fairfield 0.51 27% 0.14 FY 24 1 Prestige Tranquil 2.24 73% 1.64 FY 24 3 Prestige Finsbury Park- Regent 1.81 60% 1.09 FY 24 2 Prestige Beverly Hills 2.30 73% 1.68 FY 25 4 Prestige Finsbury Park- Hyde 2
Slide 21: Upcoming Residential Projects
Bengaluru Upcoming Residential 26 53 1 Prestige Misty Waters- Phase III 0.20 32% 0.06 FY 25 2 Prestige Countydale 0.24 100% 0.24 FY 24 Hyderabad Projects mn sft 3 Prestige Southern Star 8.50 48% 4.08 FY 25 4 Prestige Park Ridge 2.43 69% 1.67 FY 25 1 Prestige Rock Cliff 0.68 55% 0.37 FY 25 5 Prestige
Slide 22: Commercial
Commercial IT Parks Corporate Offices SEZs Data Centre / Warehousing 22 Prestige BKC 101, Mumbai Artist’s Impression www.prestigeconstructions.com
Slide 23: Commercial Segment
Commercial Segment COMPLETED ONGOING UPCOMING TENANTS WORKFORCE • 121 PROJECTS • 11 PROJECTS • 12 PROJECTS • 400+ • 450,000 • 44 MN SFT • 20 MN SFT • 17 MN SFT 33,319 EXIT RENTALS PROJECTED ANNUITY INCOME STEP UP (₹ mn) PG Share ₹3,350 mn 22,081 ANNUITY INCOME FY28 8,954 7,033 ₹ 33,319 mn 5,062 FY24
Slide 24: Ongoing Commercial Projects
Bengaluru Ongoing Commercial 1 Prestige Tech Cloud 2.10 86% 1.81 FY 24 11 20 2 Prestige Tech Hub 1.33 60% 0.80 FY 26 3 Prestige Tech Pacific Park 1.65 66% 1.09 FY 24 Projects mn sft 4 Prestige Tech park IV Block 3 0.16 50% 0.08 FY 24 5 Prestige Lake Shore Drive Ph I 4.02 40% 1.61 FY 25 6 Prestige Te
Slide 25: Upcoming Commercial Projects
Upcoming Commercial 12 Projects 17 mn sft Bengaluru 1 Prestige Techzone 2 Prestige Tech park 5 2.53 0.14 67% 100% 1.70 0.14 FY 27 FY 27 3 Prestige Landmark 2.92 50% 1.46 FY 28 4 Prestige Capital Square 0.12 100% 0.12 FY 27 5 Prestige Tech Habitat 1.04 60% 0.63 FY 27 6 Prestige Signature Tower (JRC)
Slide 26: Commercial Capex and Balance to Spend
Commercial Capex and Balance to Spend BALANCE TO SPEND Balance Balance COC (PG SHARE) PARTICULARS Total COC COC (PG) 450, COC (PG) ONGOING COMMERICAL 000 Ongoing Commercial ₹47,535 mn Capex 77,146 66,774 53,288 47,535 UPCOMING COMMERICAL Upcoming Commercial ₹65,175 mn Capex 71,797 70,567 66,386 65,1
Slide 27: Retail
Retail Shopping Malls Multiplexes High Street Luxury Retail The Collection@ UB City, Bengaluru Centre for Performing Arts Shot at Location 27 www.prestigeconstructions.com
Slide 28: Retail Segment
Retail Segment COMPLETED ONGOING UPCOMING • 13 PROJECTS • 1 PROJECT • 6 PROJECTS • 10 MN SFT • 1 MN SFT • 6 MN SFT 5,817 PROJECTED ANNUITY INCOME STEP UP (₹ mn) PG Share 4,735 EXIT RENTALS ₹2,154 mn 2,154 2,154 2,154 ANNUITY INCOME FY28 ₹ 5,817 mn FY24 FY25 FY26 FY27 FY28 28 www.prestigeconstruction
Slide 29: Ongoing Retail Project
Ongoing Retail 1 Project 1.13 mn sft Bengaluru 1 Forum 13o North 1.13 100% 1.13 FY 27 Upcoming Retail Total 1.13 1.13 6 Projects 5.99 mn sft Bengaluru | Hyderabad | Chennai | Kochi 1 Forum One OMR 1.79 85% 1.52 FY 28 2 Forum Neighbourhood Mall 0.69 100% 0.69 FY 27 3 Forum TPC Bengaluru 1.27 60% 0.76
Slide 30: Retail Capex & Balance to Spend
Retail Capex & Balance to Spend BALANCE TO SPEND (PG SHARE) Balance Balance 450,COC PARTICULARS Total COC COC (PG) COC (PG) ONGOING RETAIL 000 Ongoing Retail Capex 3,619 3,619 2,785 2,785 ₹2,785 mn UPCOMING RETAIL Upcoming Retail Capex 20,588 13,855 20,420 13,744 ₹13,744 mn TOTAL Total Capex ₹16,529
Slide 31: Hospitality
Hospitality Resorts Business Hotels Service Apartments Convention Centers JW Marriott Bengaluru Prestige Golfshire Resort & Spa 31 Shot at Location www.prestigeconstructions.com
Slide 32: Hospitality Portfolio (2969 Keys)
Hospitality Portfolio (2969 Keys) OPERATING ONGOING UPCOMING • 10 PROJECTS • 3 PROJECTS • 3 PROJECTS • 1489 KEYS • 955 KEYS • 525 KEYS 301 KEYS, BENGALURU 285 KEYS, BENGALURU 189 KEYS, NEW DELHI 360 KEYS, BENGALURU 200 KEYS, MUMBAI (BKC) 102 KEYS | 32 KEYS, 125 KEYS, CHENNAI 590 KEYS, NEW DELHI 178
Slide 33: Hospitality Capex and Balance to Spend
Hospitality Capex and Balance to Spend BALANCE TO SPEND (PG SHARE) Balance Balance COC PARTICULARS Total COC COC (PG) 450, COC (PG) ONGOING HOSPITALITY 000 Ongoing Hospitality ₹8,159 mn Capex 20,466 11,416 13,952 8,159 UPCOMING HOSPITALITY ₹8,831 mn Upcoming Hospitality Capex 10,615 8,846 10,586 8,8
Slide 34: Hospitality Revenue Potential (2969 Keys)
Hospitality Revenue Potential (2969 Keys) OPERATING ONGOING UPCOMING • 10 PROJECTS • 3 PROJECTS • 3 PROJECTS • 1489 KEYS • 955 KEYS • 525 KEYS UNDER OPERATING CONSTRUCTION UPCOMING TOTAL Total Keys 1,489 955 525 2,969 Keys (PG Share) 1,439 566 406 2,410 Total Revenue p.a. 9,645 8,220 5,366 23,230 Re
Slide 35: Operating Hotel Performance
Operating Hotel Performance ARR ₹ 13451 13013 12484 RevPAR ₹ 8250 7715 7266 Q3 24 Q2 24 Q3 23 35 www.prestigeconstructions.com
Slide 36: Property Management
Property Management Housekeeping Security Training Safety Landscaping Property Upkeep Community 180 98 Projects Under Maintenance Projects in Pipeline. 115mn sft 155 mn sft Prestige Leela Residences, Bengaluru ₹5,100 mn ₹10,000 Shot at Location 9MFY24 Gross Revenue Future Potential
Slide 37: Cashflows Q3 & 9M FY24
Cashflows Q3 & 9M FY24 Q3 FY24 9M FY 24 OPERATIONAL ACTIVITIES Inflow Residential Collection/ Commercial & Retail Rentals / Property Maintenance / Mall 35,752 96,686 Outflow Construction Cost- Development Business 12,733 36,412 LO Payments /Sales/ Marketing / Admin Overheads & Taxes 7,800 23,459 Sub
Slide 38: Mumbai Portfolio
A THE PRESTIGE CITY MULUND Mulund B PRESTIGE DAFFODILS Pali Hill A C JIJAMATA NAGAR Worli D PRESTIGE JASDAN CLASSIC Mahalaxmi E PRESTIGE OCEAN TOWERS B G Marine Lines F PRESTIGE NAUTILUS Worli F C G PRESTIGE 1O1 BKC H D Residential BKC H THE PRESTIGE (LIBERTY TOWERS) E Commercial Mahalaxmi Mumbai Po
Slide 39: Prestige Mumbai Residential Portfolio
All pictures are Artist’s Impression Prestige Mumbai Residential Portfolio Prestige Nautilus, Worli Prestige Daffodils, Pali Hill The Prestige City Mulund Prestige Jasdan Classic, Prestige Ocean Towers, Marine Lines Mahalakshmi 39
Slide 40: Residential – Mumbai
Residential – Mumbai PEPL Share of Sales Expected Selling S.No. Project Carpet Area Mn sf Total Sale value In Mn PG % Value Price In Mn Ongoing Residential 1 Prestige Jasdan Classic 0.33 45,100 14,662 100% 14,662 2 The Prestige City Mulund Bellanza + 2.13 23,000 49,080 100% 49,080 Siesta 3 0.12 105,
Slide 41: Prestige Mumbai Commercial Portfolio
All pictures are Artist’s Impression Prestige Mumbai Commercial Portfolio Prestige BKC 101 The Prestige, Mahalaksmi 41
Slide 42: Commercial – Mumbai
Commercial – Mumbai S.No. Project Total Leasable Expected Selling Total Sale value PG % PEPL Share of Projected PEPL Projected Area Mn sf Price In Mn Sales Value Rent/Sf Rental PA (in case of In Mn leasing) In Mn Ongoing Commercial 3.00 45,882 137,646 90% 123,881 325 10,514 1 The Prestige (Liberty T
Slide 43: Land Bank
Land Bank Land Area Economic Prestige Share S.No. Entity Name Location (Acres) Interest (Acres) 1 Prestige Bidadi Holdings Pvt Ltd Bidadi, Bengaluru 183 100% 183 2 Prestige Estates Projects Ltd Perumbakam, Chennai 20 66% 13 3 The QS Company Padil Mangaluru 21 100% 21 4 Prestige Warehousing And Cold
Slide 44: Board of Directors
Board of Directors Irfan Razack Dr. Rezwan Razack Noaman Razack Chairman and Managing Director Joint Managing Director Whole-time Director Uzma Irfan Dr. Pangal Ranganath Nayak Jagdeesh K. Reddy S.N. Nagendra Neelam Chhiber Dr. Ravindra M Mehta Director Independent Director Independent Director Inde
Slide 45: Leadership Team
Leadership Team Venkat K. Narayana Nawabzada Omer Bin Jung Anjum Jung Zackria Hashim Mohmed Zaid Sadiq CEO- Prestige Group Executive Director- Hospitality Executive Director- Executive Director- Land Acquisition Executive Director- Liaison and Hospitality Interior Designs Faiz Rezwan Zayd Noaman San
Slide 46: Leadership Team
Leadership Team V. Gopal Swaroop Anish Suresh Singaravelu Jagdeep Singh Marwaha Lt Col. Milan Khurana (Retd.) Executive Director- Projects and Executive Director- Executive Director- Retail, CEO- Prestige Office Ventures Executive Director- HR, IT Planning Business Development Hospitality and Busine
Slide 47: Connect with us
Connect with us Registered Office No. 19, Brunton Road, (Off M.G Road) Bengaluru 560 025 Landmark - Trinity Metro Station investors@prestigeconstructions.com Email www.prestigeconstructions.com Website T: +91 -80 –25001 248 F: + 91 –80 -25591945 Call us 47 www.prestigeconstructions.com
Slide 48: Annexures
ANNEXURES 48 www.prestigeconstructions.com
Slide 49: Exit Rentals – Commercial
EXIT RENTALS – COMMERCIAL Economic Interest Rent P.A (Annualised) S.No. Project Name Total Leasable Area Economic Interest (%) (MnSf) (Rs Mn) 1 Prestige Logistic Centre 0.39 100 0.39 89 2 Prestige Polygon 0.33 100 0.33 336 3 West Palm Developers Pvt Ltd 0.32 61 0.20 256 4 SKN Commercial 0.13 100 0.1
Slide 50: Exit Rentals - Retail
EXIT RENTALS - RETAIL Rent P.A Total Leasable Economic Economic S.No. Project Name (Annualised) Area Interest (%) Interest (MnSf) (Rs Mn) 1 UB City Retail 0.10 45 0.05 148 2 Prestige Mysore Central 0.08 65 0.05 23 3 Forum Rex Walk 0.16 34 0.05 103 4 Falcon City Forum Mall 0.95 66 0.62 974 5 Forum Th
Slide 51: Residential Projects Free Cashflows
RESIDENTIAL PROJECTS FREE CASHFLOWS Ongoing + Completed Projects Upcoming Projects Particulars Area in Mn Sft Value in ₹ Mn Area in Mn Value in ₹ Total Developable Area 99.10 Particulars Sft Mn Car Park Area 26.81 Total Developable Area 54.38 Total Saleable Area 72.29 PG area share 63.04 Car Park Ar