Ndr Invit Trust · NSE:NDRINVIT
Ndr Invit Trust — Q2 FY2025 Earnings Presentation
29 slides from Ndr Invit Trust's earnings presentation, Oct 30, 2024
Slide 1: Investor Presentation Q2, FY2025
INVESTOR PRESENTATION Q2, FY2025 0
Slide 2: Safe Harbor
Safe Harbor Some of the statements in this communication may be forward looking statements within the meaning of applicable laws and regulations. Actual results might differ substantially from those expressed or implied. Important developments that could affect the Trust's operations include changes
Slide 3: A Brief Snapshot
A Brief Snapshot Strong Lineage Marquee Investors Strategic Positioning in High Growth Over six decades of experience Anchor Investor - Investcorp ($50 bn Markets spanning three generations in the AUM; Global Warehousing Portfolio ~50 Locations with access to 80% of India’s Logistics Industry.
Slide 4: Business Overview
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Slide 5: Competitive Edge
Competitive Edge Perpetual Cash Flow Strong Risk Management Marquee & Diversified Clientele Competitive Leases and Escalation Under Construction and Future Diversified across various Industries factors enable Sustainable Revenue Development assets are <12% of the and Sectors Growth. overall po
Slide 6: Presence in High Growth Markets
Presence in High Growth Markets Presence in major consumption and production hubs Area Contribution Revenue Contribution (% of total mn. sq.ft.) (% of total revenue) 62.31 62.90 19.38 21.43 9.93 5.67 8.38 10.00 South West North East South West North East Note: Total is inclusive of Vacant, Fit-Outs,
Slide 7: Diversified and High-Quality Tenant Base
Diversified and High-Quality Tenant Base Top 10 customers contribute 37% of Gross Rentals Classification Contribution Revenue Contribution Classification % Rental % Area (% of Total mn. sq.ft.) (% of Total Revenue) Logistics and 3 PL 42.93 44.11 Home Appliance 13.65 15.35 Retail 16.84 12.97 Auto & I
Slide 8: Financial Overview
FI NANCIAL OV ERVI EW
Slide 9: Q2-FY25 Key Highlights
Q2-FY25 Key Highlights FINANCIAL DISTRIBUTION Q2 FY2025 Q2 FY2025 Q1 FY2025 Distribution Operating Revenue INR 750.75 mn INR 751.77 mn Per Unit (DPU) INR 1.75 EBITDA* INR 653.53 mn INR 657.88 mn Distribution Yield 7 %** Profit Before Tax INR 417.01 mn INR 428.65 mn Distribution November 18, Record D
Slide 10: Profit & Loss Statement
Profit & Loss Statement Quarter ended Quarter ended H1 March 31, ‘23, Particulars September 30, 2024 June 30, 2024 September 30, 2024 to March 31, ’24 * Income and Gains Revenue from Operations 750.75 751.77 1,502.52 427.18 Gain on investments 3.23 0.47 3.70 - Interest income 4.19 10.47 14.66 6.04 O
Slide 11: Lease Expiry Profile
Lease Expiry Profile ~11% of the portfolio coming up for expiry in FY2025 Area Expiry (mn Sq. Ft.) 2.00 1.84 0.88 FY25 FY26 FY27 www.ndrinvit.com 10
Slide 12: Unitholding Details
Unitholding Details Unitholding Pattern 17.85% 40.39% Unitholding Summary (385 mn units) 21.31% 16.14% 4.31% 40.39% 59.61% Sponsor Group Public (Others) Sponsor Group Insurance Institutional Holdings (Others) Investcorp Non-Institutional Holdings www.ndrinvit.com 11
Slide 13: Annexure
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Slide 14: Journey
Journey Journey Towards the First Perpetual Warehousing InvIT in India 1954 Start of NDR Group operations 2005 2005 – 09 2018 Bespoke facility in Formation of Delex Cargo Global leader in logistics and 2021 and its all - India supply chain solutions INVESTCORP Puducherry - first warehouse expansion
Slide 15: NDR InvIT Structure
NDR InvIT Structure NDR Warehousing Pvt. Ltd. (Sponsor) Unitholders / Investors Service (Trustee) (Investment Managers) Project Manager 19 SPVs 1 - SPV (100% Owned) (74% Owned) www.ndrinvit.com 14
Slide 16: Strong and Experienced Board
Strong and Experienced Board Naidu Amrutesh Reddy Ramdas Ritesh Vohra M.S. Sundara Rajan Brinda Jagirdar G.K. Ravishankar Director Ramakrishnan Iyer Director Independent Director Independent Director Independent Director Director With over 24 years of With over 16 years of With over 25 years of Mr.
Slide 17: Assets Under Management - South Zone
Assets Under Management South Zone 10.57 mn sq.ft. | Logistics & 3PL, E-Com, FMCG, Automotive & Industrial, Consumer Durables, Electronics, Assembly Plant This quarter, we successfully completed and fully leased our new 450,000 Sq. Ft. Warehouse at the Sricity Industrial Park. The tenants include a
Slide 18: Assets Under Right of First Offer (ROFO) - South Zone
Assets Under Right of First Offer (ROFO) South Zone Total Area: 5.92 million sq. ft. Properties: Include mix of Built-to-Suit, Under-Construction, and ready facilities across key South Zone Consumption and Production markets. Sector Diversification: Catering diverse sectors including Logistics & 3PL
Slide 19: Assets Under Management - West Zone
Assets Under Management West Zone 3.30 mn sq.ft. | Logistics & 3PL, Telecom, E-Commerce, FMCG, Automotive & Industrial, Consumer Durables In this period, we successfully launched our 220,000 Sq. Ft. Warehouse at Goa. The facility is fully leased to a diverse portfolio of leading tenants in electroni
Slide 20: Assets Under Right of First Offer (ROFO) - West Zone
Assets Under Right of First Offer (ROFO) West Zone Total Area: 0.42 million sq. ft. Properties: Include mix of Built-to-Suit and ready facilities across key West Zone Consumption and Production Markets We cater to the Automotive, and Industrial Sectors. Actual Photos www.ndrinvit.com 19
Slide 21: Assets Under Management - North Zone
Assets Under Management North Zone 1.69 mn sq.ft. | Logistics & 3PL, Wholesale, Retail, Electronics, Home Appliance, Consumer Durables We have successfully secured a leading tenant from the air-conditioning industry for our Warehouse at Bilaspur. This achievement highlights our ability to attract hi
Slide 22: Assets Under Management - East Zone
Assets Under Management East Zone 1.42 mn sq.ft. | Logistics & 3PL, E-Commerce, FMCG, Automotive & Consumer Durables Note: Total area is inclusive of leased, vacant, fit-outs, under-construction and future development area | Actual Photos www.ndrinvit.com 21
Slide 23: Pipeline Assets (Under InvIT)
Pipeline Assets (Under InvIT) Under Construction | All Zones 1.97 mn Sq. Ft. (Includes 0.52 mn Sq.ft. of under-fitouts) | Logistics & 3PL, Pharma, Home Appliances Actual Photos www.ndrinvit.com 22
Slide 24: Enterprise Risk Management
Enterprise Risk Management SPV 1 SPV 2 SPV 3 Industry, Business and Investment risk Mitigated via, Financial risk Mitigated via, Concentration risk Mitigated via, Competent personnel, Prudent Low debt and covenants at the SPV Presence across India’s leading Management and High Governance level, lead
Slide 25: ESG and SDG Philosophy
ESG and SDG Philosophy ENVIRONMENTAL HEALTH & SAFETY SOCIAL GOVERNANCE • Preserving and conserving • Health literacy education and • Adherence to minimum • Competent Board reporting groundwater projects wages mechanisms and periodic • Waste segregation and • Preventive and mitigation • Avoidance of
Slide 26: SDG & CSR - Our Commitment to Sustainability
SDG & CSR - Our Commitment to Sustainability www.ndrinvit.com 25
Slide 27: SDG & CSR - Our Commitment to Sustainability
SDG & CSR - Our Commitment to Sustainability Participating in Relief Efforts Reducing Carbon Footprint NDR team extended its help to the people We have commenced installation of solar panels affected by the flood in parts of West Bengal; this that would augment our existing energy saving included, p
Slide 28: Green Initiatives
Green Initiatives We are in active discussions to have some of our Assets EDGE Green Building Certified. This practice aims to minimize construction’s environmental impact through enhanced energy, water, and material efficiency. Warehouses achieve EDGE certification by showing a 20% reduction in the
Slide 29: Thank You
THANK YOU For further information please contact NDR InvIT Trust NDR InvIT Trust Investor Relations Investor Relations Mr. Sandeep Jain Ms. Neha Chovatia Adfactors PR Private Limited Adfactors PR Private Limited Chief Financial Officer Company Secretary & Compliance Officer Ms. Savli Mangle Mr. Rush