Puravankara Limited · NSE:PURVA
Puravankara — Q2 FY21 Earnings Presentation
37 slides from Puravankara's earnings presentation, November 2020
Slide 1: Investor Presentation Q2 FY21
Investor Presentation Q2 FY21
Slide 2: Table of Contents
Table of Contents * Company Overview 3-5 * Development Bank 6-8 * Operational Overview – Area and Sales 9 - 13 * Launch pipeline 14 * Update of Financials 15 - 18 * Cash Flow Statements 19 - 20 * Debt 21 * Appendix 1 : Project Status 22 - 26 * Appendix 2 : Other corporate information 27 - 31 * Appen
Slide 3: Company Overview
PURAVANKARA ———PURVA . eee SMILING "ue uli i eee WILLOWS At The Sound Of Water 3
Slide 4: Company Overview – Iconic Brands in Real Estate
Company Overview – 2 Iconic Brands in Real Estate • Leading real estate enterprise providing diversified premium and affordable residential housing and commercial spaces • Over 4 decades of domain expertise, completed 71 projects measuring over 40.92msft • Diversified across markets, brands and deve
Slide 5: World Class Technology
World Class Technology • Starworth Infrastructure and Construction Limited – wholly owned subsidiary focussed on technology enabled construction solutions • Build-Design, Civil and MEP Capabilities for a wide variety of real estate and infrastructure projects • 100% precast solutions –construction s
Slide 6: Development Bank
Development Bank Actual site picture – Purva Palm Beach 6
Slide 7: Diversified across markets, brands and stages of development
Diversified across markets, brands and stages of development in million sq. ft. Completed Ongoing Land Assets Total (A) (B) (A)+(B) South India Bengaluru 29.95 12.23 39.22 51.45 Chennai 6.26 1.64 11.71 13.35 Hyderabad 0.59 2.35 - 2.35 Kochi 1.89 3.43 4.21 7.64 Others 1.39 0.42 1.01 1.43 West India 0
Slide 8: Ongoing and New Launches
Ongoing and New Launches Non-Bengaluru projects now account for 49% of the share of Provident accounts for 75% of the launch pipeline; in line ongoing and 87% of launch pipeline with the market trends and the Group‘s strategy 13% Launch pipeline 2% Launch pipeline 16% 25% 41% Ongoing Ongoing 14% 51%
Slide 9: Operational Overview – Area and sales
Operational Overview – Area and sales Actual site picture – Purva Palm Beach 9
Slide 10: Project Delivery
Project Delivery in million sq. ft. (numbers in million sq. ft.) FY17 FY18 FY19 FY20 H1FY21 Opening Area 23.64 24.92 20.82 23.08 22.93 Add: Launches/Revisions during the period 1 4.77 1.96 3.95 2.29 0.84 Less: Completed during the period 2 -3.49 -6.06 -1.69 -2.44 - Closing Area 24.92 20.82 23.08 22.
Slide 11: Sales Q2FY21 Vs Q2FY20
Sales Q2FY21 Vs Q2FY20 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Sep-20 Sep-19 % Sep-20 Sep-19 % Sep-20 Sep-19 % Sep-20 Sep-19 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.51 0.43 19% 315 329 -4% 337 296 14% 6,609 6,877 Completed Proj
Slide 12: Sales H1FY21 Vs H1FY20
Sales H1FY21 Vs H1FY20 Based on Bookings Half Year Ended Area Sold Units Sold Sale Value Sale Realization Sep-20 Sep-19 % Sep-20 Sep-19 % Sep-20 Sep-19 % Sep-20 Sep-19 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.92 0.95 -3% 594 682 -13% 614 645 -5% 6,669 6,793 Completed P
Slide 13: Sales Q2FY21 Vs Q1FY21
Sales Q2FY21 Vs Q1FY21 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Sep-20 Jun-20 % Sep-20 Jun-20 % Sep-20 Jun-20 % Sep-20 Jun-20 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.51 0.41 24% 315 279 13% 337 276 22% 6,609 6,743 Completed Proj
Slide 14: Launch Pipeline – sizeable Provident, opportunistic Puravankara
Launch Pipeline – sizeable Provident, opportunistic Puravankara Sr. no Location/ Project Name City Development Development Type Developable Area PPL Share in JD Saleable area Expected launch date Model (msft) Puravankara 1 Lalbagh (Purva Orient Grand) Bengaluru Joint Development Residential 0.21 55%
Slide 15: Update on financials
Update on financials Actual site picture – Purva Palm Beach 15
Slide 16: Income Statement for Quarter Ended 30th September 2020
Income Statement for Quarter Ended 30th September 2020 All numbers in INR Cr Q2FY21 Q1FY21 Q2FY20 Particulars Un Audited Un Audited Un Audited Income from operations Revenue from projects 211.82 182.35 611.81 Other Income 8.25 8.18 12.00 Total Income from operations 220.07 190.53 623.81 Expenses Sub
Slide 17: Income Statement for the Half Year ended September 2020
Income Statement for the Half Year ended 30 September 2020 All numbers in INR Cr H1FY21 H1FY20 Particulars Un Audited Un Audited Income from operations Revenue from projects 394.17 1,241.86 Other Income 16.43 27.50 Total Income from operations 410.60 1,269.36 Expenses Sub-contractor cost 110.41 195.
Slide 18: Consolidated Balance Sheet as at September 2020
Consolidated Balance Sheet as at 30 September 2020 All numbers in INR Cr September September Equity and Liabilities 2020 March 2020 Assets 2020 March 2020 Un Audited Audited Un Audited Audited Shareholders' Funds Non-Current Assets Equity Share Capital 119 119 (a) Property, plant and equipment 76 85
Slide 19: Cash Flow
Cash Flow All numbers in INR Cr Cash Flow Statement Q1 FY 21 Q2 FY 21 H1FY21 A Operating Inflows 187.8 285.2 473.0 B Operating Outflows (151.5) (183.9) (335.4) C=A-B Operating Surplus 36.4 101.2 137.6 Less Interest Cost( Net ) (15.0) (52.6) (67.6) Tax Paid (4.1) (6.2) (10.2) D Operating Surplus afte
Slide 20: Projected Cash Flow: Visibility from ongoing open for sale units
Projected Cash Flow : Visibility from ongoing open for sale units All numbers in INR Cr Puravankara Provident Total Balance collections from sold units 1 (A) 912 1,217 2,129 Value of Inventory open for sale 2 (B) 3,112 1,943 5,055 Balance cost to go 3 (C) 1,390 1,369 2,760 Surplus (A) + (B) – (C) (D
Slide 21: Debt Profile
Debt Profile in Rs. Cr Q2FY21 Q1FY21 Q4FY20 Q3FY20 Q2FY20 Q1FY20 Q4FY19 Q3FY19 Opening Balance 2,680 2,681 2741 2,827 2,889 2,921 2,902 2,642 Net Addition (Repayment) 154 -1 -61 -86 -62 -32 19 260 Debt Outstanding 2,834 2,680 2681 2,741 2,827 2,889 2,921 2,902 Less: Cash and Cash 176 131 Equivalents
Slide 22: Appendix 1: Project Status
Appendix 1 : Project Status 22
Slide 23: Appendix – Project Status
Appendix 1 – Project Status 23
Slide 24: Project Status – Completed Projects as on September 30, 2020
Project Status – Completed Projects as on September 30, 2020 Puravankara's JD / JV Share for Share - S.No. Project Location Developable Area Total Flats Developer Developable Area Area Sold Cumulative Inventory Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % COMPLETED Puravankara 1 Blu
Slide 25: Project Status – Under Construction as on September 30, 2020
Project Status – Under Construction as on September 30, 2020 Puravankara's JD / JV Share for Share - S.No. Project Location Developable Area Total Flats Developer Developable Area Area Launched Sold Cumulative Inventory Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % UNDER CONSTRUCTION Puravank
Slide 26: Project Status – Not yet open for Sale units
Project Status – Not yet open for Sale units as on September 30, 2020 JD / JV Share for Puravankara's Share S.No. Project Location Developable Area Total Flats Developer - Developable Area Area Sold Cumulative Inventory Launched Msft Units % Msft Units Msft Nos Msft % Nos Mn sft % PHASES NOT OPEN FO
Slide 27: Appendix 2: Other Corporate Information
Appendix 2: Other Corporate Information 27
Slide 28: Governance Structure to drive long term growth
Governance Structure to drive long term growth Executive Team Non Executive Directors Anup Shah Sanmukh Ravi Puravankara Non- Executive Independent Director Chairman • Bachelor’s degree in Commerce and Law • Over 44 years of experience in real estate Over 39 years of experience in field of law, indu
Slide 29: Shareholding and market performance
Shareholding and market performance Share Information 130 (as at 30th September , 2020) 120 110 NSE Ticker PURVA 100 BSE Ticker 532891 90 80 % free-float 25% 70 60 3M ADTV (Shares) 1,90,336 50 40 3M ADTV (INR mn) 9.08 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-2
Slide 30: Awards and Accolades
Awards and Accolades 11th Franchise Estate Awards 2019_for Best 11th Franchise Estate Awards 2019_for Best 11th REALTY+ EXCELLENCE AWARDS 11th REALTY+ EXCELLENCE AWARDS Affordable Budget Housing Developer of Themed Project of the Year_West_Adora 2019 – SOUTH - Affordable Housing 2019 – SOUTH - Devel
Slide 31: Media & Capital Market Recognition
Media & Capital Market Recognition Focused long term growth strategy, unaltered launch pipeline along with constant emphasis on technology adaptation to better customer experience has helped in strengthening our position as a thought leader even during pandemic situation @Puravankara Q2 FY20-21 31
Slide 32: Appendix 3: Our Completed Projects
Appendix 3: Our Completed Projects PURVA GAINZ 32
Slide 33: Our Completed Projects
PURAVANKARA Our Completed Projects PURVA MIDTOWN LL14 1 aE SLL. . Me,
Slide 34: Appendix 4: Select Ongoing Projects
Appendix 4 : Select Ongoing Projects 34
Slide 35: Select Ongoing Projects
= = = => = ee —) [3 Select Ongoing Projects
Slide 36: Disclaimer
Disclaimer This presentation has been prepared by Puravankara Limited (“Company”) solely for providing information about the Company. It contains certain forward looking statements concerning Puravankara Ltd.'s future business prospects and business profitability, which are subject to a number of ri
Slide 37: Thank You
THANK YOU Puravankara Limited 130/1, Ulsoor Road, Bengaluru - 560042 Tel: 080-25599000/43439999 Corporate Identification Number : L45200KA1986PLC051571 Website:- www.puravankara.com Investor Relations Contact: Mr. Kuldeep Chawla, Chief Financial Officer Email: kuldip@puravankara.com ; Tel: +91-80-43