Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Prozone Intu Properties — Q3 FY2023 Earnings Presentation
30 slides from Prozone Realty's earnings presentation, Feb 14, 2023
Slide 1: Cover letter to stock exchanges
prozone intu"or- Dated: 14th February 2023 To, BSE. Limited National Stock Exchange of India Limited Listing Department, Exchange Plaza, P.J. Towers, Dalal Street, Fort, I3andra Kurla Complex, Bandra (E), Mumbai 400 001 Mumbai 400 051 Scrip: 534675 Scrip: PROZONINTU Subject: Investor presentation- Q
Slide 2: Upward And Forward: Q3 FY23 Results Update Presentation
Upward Q3 FY23 RESULTS UPDATE PRESENTATION And Forward Feb 2023 PROZONE INTU PROPERTIES LIMITED 0
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 4: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 2
Slide 5: Executive Summary
EXECUTIVE SUMMARY RESIDENTIAL Handover of units is in process for our Residential project in Nagpur. Till date around 52 units have been handed over in the project. MALL Growth momentum continues for the Retailers in Q3 FY23 backed by Festive season. Prozone Mall Aurangabad Retailer sales in
Slide 6: Key Highlights of Q3 FY23
KEY HIGHLIGHTS OF Q3 FY23 HIGHEST EVER HIGHEST EVER HIGHEST EVER HIGHEST EVER Quarterly Quarterly Quarterly Quarterly Footfall Retailer Sales Trading Trading 6.25 mn Rs 1.9 bn+ Density Density Aurangabad & Aurangabad & Rs 970 PSFPM Rs 937 PSFPM Coimbatore Coimbatore Aurangabad Mall Coimbatore Mall 4
Slide 7: Results Highlights Q3FY23
RESULTS HIGHLIGHTS 01 Q3FY23 Income from operations at Rs 621.7 mn o Q3FY23 Income from Mall is stands at 258.6 mn which is up 18% over Q3FY22. o Q3FY23 Income from Real estate stood at 363.1 mn which is from Nagpur Resi, PTC in Aurangabad and Indore projects. 02 Q3FY23 EBITDA stood at Rs 314.9 mn o
Slide 8: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q3 FY23 Q2 FY23 Q3 FY22 9M FY23 9M FY22 FY22 Revenue from Real Estate Projects^ 363.1 19.5 45.7 415.4 164.8 244.3 Lease Rental & Related Income 258.6 247.5 219.2 759.7 474.1 689.4 Total Income from operations 621.7 267.0 264.9 1,175.1 638.9 93
Slide 9: Asset Snapshot
prozone intu@ ASSET SNAPSHOT
Slide 10: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 8
Slide 11: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q3 FY23 Total Operational Area (lakh sq.ft.) 5.23 Total Leased Area (lakh sq.ft.) 5.33 Current Leasing Status 78% Number of Stores Leased 106 New Stores Opened in quarter 6 Number of Stores Under fit out 7 Consumption & Footfall Trend Occupanc
Slide 12: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL Mama earth Subway Skechers Van Heusen IW The Talking Tee Forest Essential 10
Slide 13: Brand Partners at Aurangabad Mall
BRAND PARTNERS AT AURANGABAD MALL 11
Slide 14: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL Khushiyon ki Diwali at Prozone Mall Chirstmas at Prozone Mall Children's Day Jingles of Joy at Prozone Mall 12
Slide 15: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q3 FY23 Total Operational Area (lakh sq.ft.) 4.42 Total Leased Area (lakh sq.ft.) 4.57 Current Leasing Status 92% Number of Stores Leased 109 New Stores Opened in quarter 5 Number of Stores Under fit out 4 Consumption & Footfall Trend Occ
Slide 16: New Stores at Coimbatore Mall
NEW STORES AT COIMBATORE MALL Dosa Infinity Mama earth Subway American Tourister Wall Four 14
Slide 17: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 15
Slide 18: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Navratri Kodattam Festival Décor at Prozone Mall Diwali Kodattam Kids Carnival 16
Slide 19: Project Update - Coimbatore Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ____________________________________ Coimbatore Residential (CGI) • ~1.9 m sqft of residential ____________________________________ • 7 towers of 18 floors comprising 1,152 apartments ____________________________________ • 3 towers of 18 floors comprising 54
Slide 20: Coimbatore Residential
COIMBATORE RESIDENTIAL Project Status as on Sep 2022 Project Status as on Dec 2022 Splendour Splendour Manhattan Manhattan 18
Slide 21: Project Update – Nagpur
PROJECT UPDATE – NAGPUR _____________________________________ • 0.5m sqft of retail space under Nagpur mall design (CGI) advanced stage of approvals • 0.39m additional development potential _____________________________________ • 4.5m catchment population _____________________________________ • 15.7
Slide 22: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual 20
Slide 23: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population Actual Actual • Prominent business and industrial centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be developed in p
Slide 24: Disclaimer
DISCLAIMER Generic Disclaimer The following is a general overview of Prozone INTU Limited (the “Company”) and is qualified in its entirety by reference to the applicable offering memorandum, memorandum and articles of association or other constitutional documents and subscription agreement (together
Slide 25: Thank You
THANK YOU Email: investorservice@prozoneintu.com Website: www.prozoneintu.com 23
Slide 26: Annexure
prozone intu
Slide 27: About Us
ABOUT US • Prozone Intu Properties Ltd. (Prozone Intu) is jointly developed by Promoters and Intu Properties Plc set up to create, develop and manage world-class regional shopping centres and associated mixed-use developments Pan-India. BUSINESS • Prozone Intu strategy is to participate and dominate
Slide 28: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Business Strategy • Develop Large scale Land Parcels for Mixed Use development. • 75% of the Land to be developed as Residential & Commercial – Build & Sell model • 25% of the Land to be developed as Retail – Build & Lease Model • The Company foll
Slide 29: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Regional Malls Yield under own Lease Management Model Debt Free Large scale Assets land parcels FUTURE for mixed use Profits & GROWTH developments Shareholder Residential & Cash Value Commercial Sales Developments Model • Locations selected in hig
Slide 30: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Dec 2022 26.74% 38.86% 5.57% 28.83% Promoters FDI FPI Others Key Investors Holding (%) Jhunjhunwala & Family 2.06% ACACIA Group 3.01% Radhakishan Damani & Family 0.90% Sandeep Raheja & Family 1.40% Source: BSE 28
Prozone Intu Properties — Q3 FY2023 Earnings Presentation on 6ix