Sunteck Realty Limited · NSE:SUNTECK
Sunteck Realty — Q3 FY2020 Earnings Presentation
39 slides from Sunteck Realty's earnings presentation, Feb 13, 2020
Slide 1: Exchange filing cover letter for investor presentation
Sunteck Realty Ltd. Sunteck)) SRL/SE/58/19-20 • Date: 13 th February, 2020 The Manager, Listing Department The Secretary, Listing Department, National Stock Exchange of India Ltd Department of Corporate Services Exchange Plaza, BSE Limited Plot no. C/1, G Block, Phiroze Jeejeebhoy Tower, Bandra-Kurl
Slide 2: Results Presentation 3rd Quarter, FY2020
Results Presentation 3rd Quarter, FY2020 NSE: SUNTECK | BSE: 512179 | Bloomberg: SRIN: IN | Reuters: SUNT.NS / SUNT.BO
Slide 3: Disclaimer
DISCLAIMER By attending the meeting where this presentation is made and any additional material is provided (“Presentation”) or by reading the Presentation, you (“Recipient”), agree to be bound by the following limitations. This Presentation has been prepared on the basis of the estimates of the man
Slide 4: Agenda
AGENDA 1. Company Overview 2. Operational Highlights 3. Financial Highlights 4. Annexures 3
Slide 5: Company Overview
Company Overview COMPANY OVERVIEW • One of the fastest growing Mumbai-based premium real estate development company • Focused on a city-centric development portfolio of ~31 million sq. ft. spread across 26 projects* • Successfully delivered projects worth >USD 1 billion • One of the strongest balanc
Slide 6: Key Strengths
Company Overview KEY STRENGTHS • Efficient RoE Model in capital intensive MMR Asset Light Strategy • JV / JDA Model preferred Balance Sheet Strength • Optimal leverage and cost of borrowing BalanceResearch Sheet based Strength Acquisition • Fiscal discipline through prudent cash flow management Stra
Slide 7: Sunteck Brand Portfolio
Company Overview SUNTECK BRAND PORTFOLIO 6
Slide 8: Awards and Recognitions
Company Overview AWARDS AND RECOGNITIONS Project Awards Corporate Awards • Sunteck WestWorld • Most Trusted Brand of the Year 2019 Zee Business National Real Estate Leadership Award ET NOW Real Estate Awards for Affordable Housing Project of the Year 2019 • Developer of the year 2018 Best Affordable
Slide 9: Shareholding Pattern
Company Overview SHAREHOLDING PATTERN Domestic / Other Other Public Shareholders Institutional Investors 3.32% 2.69% Foreign Institutional Promoter and Promoter Investors (FIIs) Group 26.85% 67.14% Note: No shares held by the Promoter and Promoter Group have been pledged 8
Slide 10: Key Business Updates
Operational Highlights KEY BUSINESS UPDATES Launch of 4th Avenue at Sunteck City gets a geared response Two towers, admeasuring ~0.9 mn sft, comprising only 2 & 3 BHKs apartments Limited floors in Tower 1 open for sale; > 50% of launched inventory sold in 3 weeks Pre-sales of 123 apartments,
Slide 11: Key Business Updates (Contd.)
Operational Highlights KEY BUSINESS UPDATES (CONTD.) Focus on upcoming Sunteck Maxx World launch in Q4 FY 2020 Phase II, admeasuring ~2 mn sft spread across 15 acres Introduction of 3 BHK apartments basis demand in Sunteck West World 50+ amenities; ~70% open spaces & tallest towers in Naigao
Slide 12: Key Business Updates (Contd.)
Operational Highlights KEY BUSINESS UPDATES (CONTD.) Tie-up with State Bank of India for Residential Builder Finance with Buyer Guarantee scheme First such tie-up for the bank – a reflection of our brand name, credibility and financial strength in the industry Innovative product to boost deman
Slide 13: Key Business Updates (Contd.)
Operational Highlights KEY BUSINESS UPDATES (CONTD.) Accelerated execution at Naigaon All slabs for 12 towers casted in a year’s time Progress significantly ahead of schedule Stringent supervision on costs and quality Increased confidence amongst customers basis progress achieved to drive
Slide 14: Key Business Updates (Contd.)
Operational Highlights KEY BUSINESS UPDATES (CONTD.) Pre-sales surge with ongoing launches and strong momentum likely to continue with planned launches in Q4 FY20 and FY21 Growth of 220% Q-o-Q: Rs 3,254 mn in Q3 FY20 vs Rs 1,016 mn in Q2 FY20, aided by successful launch of 4th Avenue at Sunteck
Slide 15: Robust Operational and Financial Performance
Operational Highlights Robust Operational and Financial Performance Operational Data Q3FY20 Q2FY20 QoQ % Q3FY19 YoY % Pre-sales (new bookings) 3,254 1,016 220% 3,106 5% Collections 1,655 1,854 (11%) 1,529 8% All figures are in Rs. Million Q3 FY20 MIX PRE-SALES COLLECTIONS 10% 64% 26% 15% 41% 34% 10%
Slide 16: Operational Performance – Q3 FY2020
Operational Highlights Operational Performance – Q3 FY2020 Q3 FY20 Performance S.No. Project Name Sales Collections Area Sold Units Sold Rs Mn Rs Mn Lac Sq.Ft. Nos. 1 BKC Projects 340 253 0.07 1 2 Sunteck City, ODC 2,070 677 1.43 123 3 Sunteck West World, Naigaon - 558 - - 4 Others 844* 166 0.37 2 T
Slide 17: P&L (Consolidated)
Financial Highlights P&L (CONSOLIDATED) Particulars Q3FY20 Q2FY20 QoQ % Q3FY19 YoY % Revenue from Operations 1,939 1,348 44% 1,951 (1%) EBITDA 502 414 21% 852 (41%) Operating Margin 26% 31% 44% Net Profit 336 302 12% 490 (31%) Net Profit Margin 17% 22% 25% All figures are in Rs. Million 16
Slide 18: Balance Sheet (Consolidated)
Financial Highlights BALANCE SHEET (CONSOLIDATED) Liabilities H1 FY 20 FY 19 Assets H1 FY 20 FY 19 Shareholders Funds 28,724 28,337 Trade Receivables 3,655 3,135 Minority Interest 953 910 Inventories 26,558 26,321 Secured Loans 6,762 5,857 Loans & Advances 1,207 610 Unsecured Loans 618 489 Cash & Ba
Slide 19: Amongst the Strongest Balance Sheet
Financial Highlights AMONGST THE STRONGEST BALANCE SHEET Particulars H1 FY 20 FY 19 Secured Debt 6,762 5,857 Cash & Bank Balance 1,265 1,479 Net Secured Debt 5,497 4,378 Unsecured Debt 619 489 Net Debt 6,116 4,867 Net Worth 28,724 28,337 Net Debt / Equity 0.21 0.17 All figures are in Rs. Million 18
Slide 20: Robust Cash Flow Utilization – Q3 FY20
Financial Highlights ROBUST CASH FLOW UTILIZATION – Q3 FY20 Particulars Q3 FY20 Gross Customer Advances 1,655 Less : Cost Incurred 1,123 Less : Overheads 194 Gross Operating Cash Flow 337 Less : Interest Payments 194 Less : Statutory Payments 139 Gross Cash Flow 5 All figures are in Rs. Million 19
Slide 21: Stock Performance – Last 12 Months
Company Overview STOCK PERFORMANCE – LAST 12 MONTHS BSE Realty Sunteck Realty 150 140 130 120 110 100 90 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec 12 MONTHS RETURNS 20% BSE:512179 (SUNTECK) Note: The information in this page contains publically available data taken from BSE website as on 1st F
Slide 22: Corporate Social Responsibility – Spreading Smiles
CORPORATE SOCIAL RESPONSIBILITY – SPREADING SMILES
Slide 23: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 24: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 25: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 26: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 27: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 28: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 29: Commercial Projects
Annexures Completed Projects Under Construction Projects SUNTECK KANAKA CORPORATE PARK, GOA COMMERCIAL PROJECTS SUNTECK CENTRE, VILE PARLE SUNTECK GRANDEUR, ANDHERI
Slide 30: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 31: Avenue 1
Annexures Completed Projects Under Construction Projects AVENUE 1
Slide 32: Avenue 2
Annexures Completed Projects Under Construction Projects AVENUE 2
Slide 33: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 34: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 35: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 36: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 37: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 38: Completed Projects Under Construction Projects
Annexures Completed Projects Under Construction Projects
Slide 39: Thank You!
Thank You! Corporate Office 5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai – 400057 Tel: +91-22-42877800 Email: ir@sunteckindia.com 38