Satchmo Holdings Limited · BSE:SATCH
Satchmo — Nitesh Estates — Investor Presentation (October 2017)
27 slides from Satchmo's investor presentation, Oct 5, 2017
Slide 1: Submission of the Investors Presentation
October 5", 2017 The BSE Limited, The National Stock Exchange of India Ltd., (Stock Code: 533202) (Stock Code: NITESHEST, Series- EQ) Floor 25, PJ} Towers Exchange Plaza Dalal Street Plot No. C/1, G Block Mumbai-4.00 001 Bandra ~ Kurla Complex Bandra (I) Mumbai - 400 051 Dear Sir / Madam, Subject: S
Slide 2: Investor Presentation September 2017
Investor Presentation September 2017
Slide 3: Table of Content
Table of Content 1. Company Overview 3 2. Strategic Direction 10 3. Projects Snapshot 15 Investor Presentation 2
Slide 4: Company Overview
Investor Presentation September 2017 Company Overview
Slide 5: Nitesh Estates: At a Glance
Nitesh Estates: At a Glance Strong brand equity, business processes & partnerships to attain the next stage of growth Platform Strong Agreement with Eminent Brand Goldman Sachs: Board of Equity Expand Rental Directors Revenue Stream Long Term Professional Leading Global Institutional Management and
Slide 6: Nitesh Estates: At a Glance
Nitesh Estates: At a Glance Brought over 19 million sq. ft. of area under development since inception Residential Commercial Hotel Shopping Mall • 16 ongoing projects at • Attain rental income of • Developed The Ritz • One operational various stages of Rs. 3,000 million Carlton Hotel in Bangalore sh
Slide 7: Steady Growth Path
Steady Growth Path Touching new heights with “leaders” becoming “partners for growth” • Platform agreement with Goldman Sachs to jointly invest in • Signed Virat income Kohli, Indian generating assets Cricketer, as • Acquisition of a 1 Brand mn sq ft shopping Ambassador • Investment from • The Ritz
Slide 8: Board of Directors
Board of Directors Eminent Board with a high proportion of independent directors Nitesh Shetty G. N. Bajpai M. D. Mallya Jagdish Capoor Chairman & Independent Director Independent Director Independent Director Managing Director Ex-Chairman, SEBI Ex-CMD, Bank of Baroda Ex-Chairman, HDFC Bank Dipali K
Slide 9: Management Team
Management Team Strong and experienced management team Nitesh Shetty L.S. Vaidyanathan Ashwini Kumar M.A. Venkateshan Chairman & Executive Director Executive Director & Chief Financial Officer Managing Director Chief Operating Officer Pradeep Narayan Sreenivasa Sharma Srinivasan D. EVP – Sales, Anan
Slide 10: Management Team
Management Team Strong and experienced management team Shantanu Karkun Mahesh Laxman Reghunadhan Pillay Sunitha George President - Projects CEO – Commercial & Vice President - Legal Vice President - CRM Rental Business Ashok P C Jayaram N P V Narasimha Rao Subramaniam G Shreesh Mishra Finance Contro
Slide 11: Strategic Direction
Investor Presentation September 2017 Strategic Direction
Slide 12: Clear Strategic Direction
Clear Strategic Direction Committed to Quality, Innovation and Customer Satisfaction Growing the residential segment in Bangalore – varied mix by price, location and type of homes Drive revenue diversification and expand rental income to Rs. 3,000 million annually in next 5 years Investment in syste
Slide 13: Joint Venture with Goldman Sachs
Joint Venture with Goldman Sachs In line with the strategy of diversifying annuity revenue stream Nitesh Estates and Goldman Sachs, a global financial institution signed a partnership platform agreement (MOU) Under this platform arrangement Goldman Sachs will make investments through Nitesh Esta
Slide 14: Nitesh Hub
Nitesh Hub Further, diversifying for enhancing rental income stream Spread over 6 acres of land, with a built up area of 1 mn sq ft, the mall is located in Koregaon, an upmarket prime location in Pune Has the capacity to accommodate 130 retail outlets and houses luxury brands such as Collective,
Slide 15: The Ritz Carlton Hotel
The Ritz Carlton Hotel Super luxury hotel reinforcing the Nitesh brand in the luxury space Nitesh Estates has developed India’s first Ritz Carlton hotel, one of the world's finest luxury hotel brands Commenced commercial operations from October 31, 2013 and provides a recurring revenue stream to
Slide 16: Project Snapshot
Investor Presentation September 2017 Project Snapshot
Slide 17: Proven Track Record
Proven Track Record Brought over 19 mn sq. ft. of area under development Completed Projects (4.53 mn sq. ft.) • The Ritz Carlton Hotel with 277 richly appointed rooms, 5 world class restaurants • 12 premium residential projects developed over 2.3 mn sq. ft. • 0.49 mn sq. ft. corporate housing projec
Slide 18: Completed Residential Projects
Completed Projects Nitesh Mayfair Nitesh Camp David • Completion: 2013 • Completion: 2007 • Location: Frazer Town, Bangalore • Location: Lavelle Road, Bangalore • Segment: Mid Income • Segment: High Income • Area: 0.03 mn sq. ft. • Area: 0.03 mn sq. ft Nitesh Central Park Nitesh Wimbledon Park • Com
Slide 19: Ongoing Projects Snapshot
Ongoing Projects Snapshot Total of 23 projects with 10.89 mn sq. ft. area currently under development 16 residential projects in high and mid income segments… Current project mix focused towards residential… High - Income Mid - Income 25% commercial 75% 33% residential 67% Investor Presentation 18
Slide 20: Organization Structure
Organization Structure Nitesh Pune Mall 100% Nitesh Indiranagar 100% Land Owner Private Limited Retail Private Ltd. (NPMPL) (NIRPL) 76% 24%1 Nitesh Estates – 50% Nitesh Housing 100% Whitefield Developers Private Ltd. (NHDPL) AOP Courtyard 50% Nitesh Urban 100% Construction Private Development Privat
Slide 21: Ongoing Projects – Residential
Ongoing Projects – Residential Total Sales Potential of Rs. 23,149 mn from 16 Current Residential Projects Land Land Area Developable Area Total No. of Company's Sl No Project Location Segment Agreement (Acres) (mn. Sq. ft.) Units Share (%) Projects in Construction Stage 1 Hyde Park - II JDA Bannerg
Slide 22: Commercial / Hospitality Projects
Commercial / Hospitality Projects 3.63 mn sq. ft. of ongoing and upcoming commercial / hospitality projects Land Land Area Developable Area Company’s Share No. Project Location Segment Agreement (acres) (mn. sq. ft.) (%) Projects in Design and Approval Stage 1 Nitesh Soho JDA Commissariat Road Comme
Slide 23: Future Projects
Future Projects 3.60 mn sq. ft. of area available for future development Land Land Area Developable Area No. Project/Location Segment Agreement (acres) (mn. sq. ft.) 1 Nitesh Key Biscayne JDA High - Income Residential 12.00 0.51 2 Chennai MOU Commercial / Residential 8.26 1.00 3 Bolghatty Island, Ko
Slide 24: Ownership Structure
Investor Presentation Ownership Structure
Slide 25: Ownership Structure
Ownership Structure Backed by long term institutional investors Shareholding Pattern (30-June-2017) Top Institutional Shareholders Others Promoters 38% 47% DIIs FIIs 8% 7% Shareholding Pattern Trend Shareholders (%) Mar-16 Mar-17 June-17 Promoters 46.52 46.53 46.78 FIIs 16.07 7.49 7.15 DIIs 7.48 7.4
Slide 26: Key Takeaways
Key Takeaways An integrated property developer with strong brand equity and presence across all asset classes Projects mostly executed through the “joint development” model which ensures properties in premium locations, lock-in of minimal funds and quicker monetization Strong pipeline and bala
Slide 27: Nitesh Estates Limited contact details
Nitesh Estates Limited MA Venkateshan (CIN: L07010KA2004PLC033412) Chief Financial Officer Nitesh Estates Limited Nitesh Timesquare, Level 7 #8 MG Road, Bangalore – 560001 Ph: +91 80 4017 4000 www.niteshestates.com
Nitesh Estates — Investor Presentation (October 2017) on 6ix