Valor Estate Ltd · NSE:DBREALTY
Valor Estate — DB Realty — Q3 FY2013 Earnings Presentation
22 slides from Valor Estate's earnings presentation, 2013
Slide 1: DB Realty Limited – Corporate Presentation
DB Realty Limited – Corporate Presentation 0
Slide 2: Portfolio & Project Composition
Portfolio & Project Composition 1 1
Slide 3: Portfolio and Project Composition
Portfolio and Project Composition D B Realty Residential 77% Commercial 4% TDR 19% Mid-Income 52% Luxury 43% Super-Luxury 5% 1. Orchid Views 14. Orchid Central 24. Orchid Turf View 28. DB Ozone 33. Mahul Nagar-TDR 2. Orchid Park 15. Orchid Skyz 25. Orchid Heights 29. Ascott Centre II 34. Orchid Hill
Slide 4: Product Mix
Product Mix Segment wise Location wise 1% 3% 19% 3% 26% 17% Total TDR South Mumbai Commer Mumbai Suburbs Resi 54% Thane 77% Retail Pune 3 3
Slide 5: Key Highlights Of Q3 FY13
Key Highlights Of Q3 FY13 Parameters Q3 FY13 Q2 FY13 Q3 FY12 9M FY13 9M FY 12 FY 12 FY11 Revenues (` in Mn) 1,246 527 1,048 2,622 4,931 5,909 12,687 EBITDA (` in Mn) 315 126 161 574 879 1,250 4,130 PAT# (` in Mn) 60 91 99 187 562 941 3,021 EPS (`) 0.01 0.40 0.48 0.32 2.72 3.55 12.28 Book Value (`) 1
Slide 6: Profit and Loss Statement
Profit and Loss Statement (` ` Mn) Particulars Q3 FY13 Q2 FY13 Q3 FY12 9M FY13 9M FY 12 FY 12 Income Sales & Income from operations 1,246 527 1,048 2,622 4,931 5,909 Other Income 61 78 110 196 1,014 1,047 Total Income 1,306 606 1,158 2,819 5,946 6,955 Expenditure Project Expenses 835 354 881 1,849 4
Slide 7: Revenue Recognized
Revenue Recognized (` ` Mn) Project Q3 FY13 Q2 FY13 Q3 FY12 9M FY13 9M FY12 FY12 DB Ozone 345 10 136 577 543 691 DB Woods 754 237 250 1,392 1,452 1,800 Mahul (TDR) - - 557 91 786 993 Orchid Suburbia 147 281 97 563 337 592 TDR (Trading) - - 8 - 1,813 1,833 Total 1,246 527 1,048 2,622 4,931 5,909 6 6
Slide 8: Balance Sheet as at 31.12.2012
Balance Sheet as at 31.12.2012 EQUITY AND LIABILITIES (` ` Mn) 9M FY13 FY12 ASSETS 9M FY13 FY12 : Shareholders Funds Non Current Assets Share Capital 2,433 2,433 Fixed Assets 2,169 2,450 Reserves & Surplus 31,612 31,412 Goodwill on Consolidation 2,657 2,445 Non-current Investments 11,555 10,052 Mino
Slide 9: Sales achieved in Q3 FY 13
Sales achieved in Q3 FY 13 Parameters Q3 FY13 Q2 FY13 Q3 FY12 9M FY13 9M FY12 FY12 Sales (Mn sft) 0.29 0.10 0.29 0.48 1.48 2.00 Sales Value (` Mn) 4,325 540 1,040 5,355 4,411 7,345 Average Realisation (` psf) 15,043 5,474 3,609 11,126 2,975 3,680 Collections (` Mn) 1,384 947 1,737 4,225 6,810 9,283
Slide 10: Project Portfolio
Project Portfolio 9 9
Slide 11: Projects under execution – 15.2 msf
Projects under execution – 15.2 msf DB’s Project No. Project Name Type Economic Saleable Area 1 Interest (msf) 4 DB Ozone Resi & 1 66% 2.8 (Dahisar – E) Retail DB Woods 2 2 Resi 75% 1.2 (Goregaon – E) Orchid Heights 3 Resi 51% 1.1 (Jacob Circle) 6 Orchid Suburbia 4 Resi 50% 0.7 (Kandivali – W) DB Cr
Slide 12: DB Ozone (Dahisar-East) DB Woods (Goregaon-East)
DB Ozone (Dahisar-East) DB Woods (Goregaon-East) Project Details Project Details Total Saleable Area- Resi (mn sq.ft.) 2.74 Total Saleable Area (mn sq.ft.) 1.17 Inventory Sold –89% sold (mn sq.ft.) 2.45 Inventory Sold –96% sold (mn sq.ft.) 1.12 DB’s Economic Interest 66% DB’s Economic Interest 75% E
Slide 13: Orchid Heights (Jacob Circle) Orchid Suburbia (Kandivali)
Orchid Heights (Jacob Circle) Orchid Suburbia (Kandivali) Project Details Project Details Total Saleable Area (mn sq.ft.) 1.13 Total Saleable Area (mn sq.ft.) 0.74 Inventory Sold –51% sold (mn sq.ft.) 0.58 Inventory Sold–82% sold (mn sq.ft.) 0.61 DB’s Economic Interest 50.72% DB’s Economic Interest
Slide 14: DB Crown (Prabhadevi) Orchid Hills (Chandivali)
DB Crown (Prabhadevi) Orchid Hills (Chandivali) Project Details Project Details Total Saleable Area (mn sq.ft.) 1.83 TDR-5.1, Total Saleable Area (mn sq.ft.) Resi-2.0 Inventory Sold –44% sold (mn sq.ft.) 0.80 Sold -TDR –29% sold (mn sq.ft.) 1.47 47% Rev & DB’s Economic Interest DB’s Economic Interes
Slide 15: Projects under Pre launch/to be launched in next year- 3.8 msf
Projects under Pre launch/to be launched in next year- 3.8 msf DB’s Project No. Project Name Type Economic Saleable Area Interest (msf) Orchid Views 1 Resi 100% 1.0 (Mumbai Central) DB Paradise 2 Resi 100% 1.0 (Bandra East) Orchid Turf View 3 Resi 67% 1.5 (Mahalaxmi) 4 Ascot Centre II 4 Comm 75% 0.3
Slide 16: Project Pipeline- To be launched in the next 2-3 Years– 74 msf
Project Pipeline- To be launched in the next 2-3 Years– 74 msf 4 DB’s Project Saleable No. Project Name Type Economic Area Interest (msf) Resi DB Tower 1 & 41% 2.4 (BKC) Comm Orchid West View 2 2 Resi 100% 0.7 3 (Malad) Prem Nagar 3 Resi 51% 5.1 (Malad West) 6 Orchid Acre 4 Resi 100% 18.2 (Mira Road
Slide 17: Project Pipeline- To be launched within next 2 Years– 74 msf ….Contd
Project Pipeline- To be launched within next 2 Years– 74 msf ….Contd Project DB’s Saleable No. Project Name Type Economic Area Interest (msf) Dawood Baug 9 Resi 100% 0.3 (Mumbai Central) Orchid Park 10 Resi 100% 0.8 (Mumbai Central) Orchid Enclave II 11 Resi 100% 0.7 (Mumbai Central) Orchid Central
Slide 18: Project Pipeline- To be launched within next 2 Years– 74 msf ….Contd
Project Pipeline- To be launched within next 2 Years– 74 msf ….Contd Project DB’s Saleable No. Project Name Type Economic 17 Area Interest (msf) Govt Colony 15 Redevelopment Resi 100% 12.6 (Bandra E) Orchid Corporate Park 16 Comm 100% 1.3 19 (Andheri E) 18 Orchid Garden 17 Resi 100% 2.2 (Dahisar E)
Slide 19: Key Management Personnel
Key Management Personnel 18 18
Slide 20: The Management Team
The Management Team Mr Vipul Bansal, CEO: Prior to joining DB Realty, Mr. Bansal was associated with India Bulls Real Estate as the CEO. He has more than 15 years of experience in management of diverse operations in real estate & finance industry. He holds a degree in engineering from IIT, Delhi. Mr
Slide 21: The Management Team
The Management Team Mr Giampaolo Giardina, Director of Engineering & Projects: Mr. Giardina’s previous employers include Progetti srl Engineering, INFISUD srl and EDILCO Group, Italy. Most recently he was with the Emaar Group at Islamabad, Pakistan as a Development Director. He has 27 years of exper
Slide 22: THANK YOU
21 THANK YOU the NeXT Levet