Nirlon Limited · BSE:NIRLON
Nirlon — Investor Presentation (August 2023)
27 slides from Nirlon's investor presentation, August 2023
Slide 1: Investor Presentation August 2023
INVESTOR PRESENTATION AUGUST 2023
Slide 2: Snapshot
Snapshot Present in the commercial / IT-ITES Experienced management Prime location in Mumbai’s western LEED Platinum / Gold Certified real estate sector for 17 years team suburbs Buildings (Core & Shell) – Environmentally Friendly Campus Marquee licensees including Occupier friendly design with Hist
Slide 3: Company Overview
Company Overview
Slide 4: Company Overview
Company Overview • Nirlon Limited was incorporated in 1958 and was a pioneer in the manufacturing of Total Income (INR Mn) & EBITDA Margins (%) synthetic yarns and industrial rubber products in India. 5,756 • Since 2006, Nirlon has primarily been in the business of development and management of comm
Slide 5: Key Milestones
Key Milestones • Unrealised • Completed NKP expansion plans Phase-II and during turbulent substantially times for the licensed to leading Indian Synthetic multinationals • Won International Textile Industry • Restructuring and corporates Property Awards • Completed a lead to losses and completed and
Slide 6: Board of Directors
Board of Directors Mr. Rajinder Pal Singh – Chairman, Independent Director & Non-Executive Ms. Anjali Seth - Independent Director & Non-Executive Director Director Ms. Seth graduated with B.A.(Honours) and LLB. She has been advising and Mr. Singh post graduated in Mathematics from the Advanced Centr
Slide 7: Major Licensees
Major Licensees Logos used in this slide is are owned by the respective entities. The company does not have any rights to the same. Nirlon Limited | Investor Presentation 7
Slide 8: NKP Overview
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Slide 9: 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 10: Amenities & Utilities
Amenities & Utilities The Master Plan is designed around an Environmentally friendly Green Campus with a 200,000 sq. ft. or approx. 4 acres of traffic free central park and a more than 250 meter long water feature to give the location the quality of an urban oasis. Central Park & Buildings The maste
Slide 11: Amenities & Utilities
Amenities & Utilities Internal Ring Road • The pedestrian walkway is bordered by a two way, four lane, external ring road. This road includes a dedicated bus/contract vehicle lane (adjacent to the pedestrian walkway) and a dedicated turning lane/median, to ensure free movement of traffic in the othe
Slide 12: LEED Platinum/Gold Certified Campus
LEED Platinum/Gold Certified Campus • Nirlon Knowledge Park is an ecologically friendly environment that people look forward to working in, and which is conducive to retaining skilled, motivated professionals. • Extensive green spaces, water bodies, landscaped terraces, and courtyards have been crea
Slide 13: Well Health-Safety Certifications
Well Health-Safety Certifications NKP awarded the WELL Health-Safety Rating for Facility Operations and Management in January 2021 by International WELL Building Institute, USA. NKP achieved all 16 features across 6 categories. Nirlon Limited | Investor Presentation 13
Slide 14: Awards
Awards FICCI Smart Urban Innovation Awards 2023 Best Commercial Property 2013 - Green Buildings Category Worldwide Achievers Real Estate Awards Runner Up – Green Project of the Year (Construction Week India Awards 2012) Runner Up - Commercial Project of the Year (Construction Week India Awards 2012)
Slide 15: Phase I
Phase I • Constructed area: 1.29 Mn sq. ft. • Chargeable area: 0.77 Mn sq. ft. • Date of Completion: October 2009 • Typical floor plate: 30,000 to 40,000 sq. ft. per block (3 blocks) • Amenities: 6 Passenger & 2 Service lifts per block Nirlon Limited | Investor Presentation 15
Slide 16: Phase II
Phase II • Constructed area: 0.38 Mn sq. ft. • Chargeable area: 0.31 Mn sq. ft. • Date of Completion: June 2010 • Typical floor plate: 30,000 to 40,000 sq. ft. • Amenities: 6 Passenger & 2 Service lifts Nirlon Limited | Investor Presentation 16
Slide 17: Phase III
Phase III • Constructed area: 0.55 Mn sq. ft. • Chargeable area: 0.40 Mn sq. ft. • Date of Completion: September 2013 • Typical floor plate: 30,000 sq. ft. • Amenities: 8 Passenger & 2 Service lifts Nirlon Limited | Investor Presentation 17
Slide 18: Phase IV
Phase IV • Constructed area: 0.76 Mn sq. ft. • Chargeable area: 0.40 Mn sq. ft. • Date of Completion: March 2015 • Typical floor plate: 60,000 sq. ft. • Amenities: 8 Passenger, 2 Parking & 2 Service lifts Nirlon Limited | Investor Presentation 18
Slide 19: Phase V
Phase V • Constructed area: 1.78 Mn sq. ft. • Chargeable area: 1.16 Mn sq. ft. • Date of Completion: FY 22 • Typical floor plate: 42,000 sq. ft. (B9) & 30,000 sq.ft. (B10) • Amenities: 21 Passenger, 4 Parking & 4 Service lifts Nirlon Limited | Investor Presentation 19
Slide 20: Phase Wise Details & License Renewals
Phase Wise Details & License Renewals Licenses Due for Renewals/Resets (Thousands Sq. ft.) as on 31st March 2023 Phases I II III IV V Total Discussions concluded 500 for 323k sq.ft. 450 431 405 400 Constructed Area 350 309 1.29 0.38 0.55 0.76 1.78 4.77 (Mn Sq. Ft.) 300 234 250 210 200 174 Chargeable
Slide 21: License Fees & Occupancy Rates
License Fees & Occupancy Rates 13 6 4 8 7 8 1400 135 140 184 145 110 116 1200 INR Mn 1000 4 2 3 4 9 4 8 7 10 98 800 112 129 98 100 104 115 105 110 600 1,260 1,266 1,291 1,297 1,260 1,337 400 827 654 693 700 700 697 656 646 684 200 0 Q3-FY20 Q4-FY20 Q1-FY21 Q2-FY21 Q3-FY21 Q4-FY21 Q1-FY22 Q2-FY22 Q3-
Slide 22: Financial Overview
Financial Overview
Slide 23: Historical Financial Performance (Ind AS)
Historical Financial Performance (Ind AS) Particulars (INR Mn) FY21 FY22 FY23 Q1-FY24 License Fees 2,753 3,416 5,151 1,338 Other Operating Income (CAM, etc.) 416 423 575 145 Other Income 25 28 30 8 Total Income 3,194 3,867 5,756 1,491 Total Expenses 798 865 1,146 322 EBITDA 2,396 3,002 4,610 1,169 E
Slide 24: Balance Sheet (Ind AS)
Balance Sheet (Ind AS) Particulars (INR Mn) FY21 FY22 FY23 Particulars (INR Mn) FY21 FY22 FY23 EQUITY 5,744 4,780 4,018 Non-Current Assets 18,845 20,831 20,614 a) Equity Share Capital 901 901 901 a) Property, Plant and Equipment 4 4 4 b) Other Equity 4,843 3,879 3,117 b) Capital Work In Progress 11,
Slide 25: Key Financial Highlights
Key Financial Highlights Total Income (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT* (INR Mn) & PAT Margin (%) 5,756 4,610 1,579 1,274 3,867 3,002 1,095 1,108 3,110 3,194 2,319 2,396 78.40% 35.21% 39.89% 33.40% 1,491 28.65% 498 74.57% 1,169 27.43% 75.02% 77.63% 80.09% FY20 FY21 FY22 FY23 Q1-FY24
Slide 26: Capital Market Data
Capital Market Data 1 Year Share Price Movement (up to 30th June, 2023) 20% Nirlon 10% 0% -10% -20% Jul-22 Aug-22 Sep-22 Oct-22 Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 Apr-23 May-23 Jun-23 Price Data (As on 30th June, 2023) INR Shareholding Pattern (As on 30th June, 2023) Public Face Value 10.00 15.33% M
Slide 27: 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