Peninsula Land Limited · NSE:PENINLAND
Peninsula Land — Q1 FY2016 Earnings Presentation
34 slides from Peninsula Land's earnings presentation, 2015
Slide 1: Results Presentation Q1, FY 2016
Results Presentation Q1,FY 2016
Slide 2: Company overview
Company overview Focus on 3 cities Trusted Brand Fully Paid-for land Focus on Execution Mumbai, Pune and Strong existing clientele Bangaluru 17 Years Pioneer in Mumbai real estate market Of track record of First retail mall in the city real estate development First textile mill re-development projec
Slide 3: Robust pipeline and renewed geographic focus
Robust pipeline and renewed geographic focus Presence in Key urban Tier 1 & 2 Cities in Western & Southern India Completed Ongoing Pipeline No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) No of Projects Area (mn sq ft) Mumbai 12 6.4 4 1.5 2 1.2 Pune 1 0.5 2 12.3 Bengaluru 1 0.6 1 0.6 A
Slide 4: Project Status of Ongoing Projects
Project Status of Ongoing Projects Planned Date of completion BishopsGate, Mumbai 20% 86 Q4 FY 17 Celestia Spaces (PLL Share), 11% Mumbai 479 Q4 FY19 Carmichael Road, Mumbai 21% 136 Q4 FY 18 New Great Eastern, Mumbai 1% 782 Q2 FY 21 Ashok Meadows (Phase 1), 50% Pune 498 Q4 FY 16 Ashok Heights, Benga
Slide 5: Business Updates
Business Updates [=]
Slide 6: Business Updates in Q1 FY 16
Business Updates in Q1 FY 16 New Sales Bookings / Collections Sold 55,381 Sq ft during Q1 FY16 as against 65,217 sq ft during Q1 FY 15 Recorded new sales value of Rs. 66 Cr during Q1 FY16, as against Rs.56 Cr during Q1 FY 15 Collections were at Rs. 75 Cr for Q1 FY 16, as against Rs. 57 Cr during Q1
Slide 7: Financials Overview
Financials Overview [=]
Slide 8: Key financial snapshot (standalone)
Key financial snapshot (standalone) Particulars (Rs. Cr) Q1FY16 Q1FY15 FY15 Income Statement Income from Operations 47 41 161 Profit before interest & Tax 21 21 112 PBT (14) 0.4 (19) Tax Provision (5) (2) (12) PAT (9) 2 (6) Balance Sheet Net worth 1,497 1,533 1,506 Debt 1,751 1,692 1,753 Debt: Equit
Slide 9: Profit and Loss (standalone)
Profit and Loss (standalone) P&L Snapshot (Rs. Cr) Q1FY16 Q1FY15 Income Total Income from operations (Gross) 47.1 41.4 Other Income 32.7 23.3 Total Revenue 79.8 64.7 Expenses a) Cost of Realty Sales 35.1 19.2 b) Employee Benefit expenses 12.8 11.4 c) Depreciation 1.0 2.8 d) Other Expenses 10.1 10.2
Slide 10: Projects Overview
Projects Overview [=]
Slide 11: Details of Ongoing Projects - Q1 FY 2016
Details of Ongoing Projects - Q1 FY 2016 Avg. PLL Area Sales Collection No. of Units Reali- Projects Share Sold Value (Rs. Crs) Sold zation (%) sq ft Rs. Cr in Q1 Rs./sqft Bishopsgate 50% - - - - 3 Celestia Spaces(PLL Share) 100% 2 3,646 11 29,495 5 Carmichael Residences 40% - - - - 26 New Great Eas
Slide 12: Summary of Ongoing projects – till Jun '15 (cumulative)
Summary of Ongoing projects – till Jun ‘15 (cumulative) Saleable Area Sold Average PLL Share Sales Value Collections Projects Area (sq ft Location (sq ft in Realization (%) (Rs. Cr) (Rs. Cr) in 000’s) 000’s) (Rs. / sq ft) Residential-Ongoing Bishops Gate 86 Mumbai 50% 62 467 74,960 165 Celestia Spac
Slide 13: Unrecognized revenue from ongoing projects
Unrecognized revenue from ongoing projects Balance Balance Sale Revenue Revenue Area Work Revenue Value of % of Sales to be PLL to be Project Sold Completion Recognized Area Sold Complete Recognized Share Recognized (sq ft ‘000s) (Rs. Cr) (Rs. Cr) on sale portion PLL Share (Rs. Cr) (Rs. Cr) Bishopsg
Slide 14: Project pipeline
Project pipeline Saleable Area Development Land cost* Projects Location PLL Share (%) JV Partner (sq ft In ‘000s) Model (Rs. Cr) PMC of 8% + Celestia Spaces, Sewree Phase 2 1,200 Mumbai JV - Bhattads JV of 18% Peninsula Realty NapeanSea Road 49 Mumbai JV 78% 124 Fund Mahadeopura 631 Bengaluru Owned
Slide 15: Annuity income and completed inventory
Annuity income and completed inventory Annuity Income for Q1 FY 16 Project Type Area (sqft) Rentals (Rs. Cr) Piramal Chambers 91,000 6 Piramal Chambers 39,000 2 Total 130,000 8 Piramal Chambers has been given on lease to Income Tax & Central Excise Offices Completed Commercial Office building Partic
Slide 16: Bishopsgate
Bishopsgate PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 50% KBK Group 86 Nos. Area Sales Avg. Construction % Sales Collection Of units Sold Value Realization Milestone Completion (Rs. Cr) (‘000 sq ft ) (Rs.Cr) (Rs./sqft) Till Q1, FY 16 20% 73% Q1, FY 16 - - - - 3 Till Date 8 62
Slide 17: Bishopsgate-Current status
Bishopsgate-Current status March 2015 CURRENT STATUS P4 P3 P2 P1 17
Slide 18: Celestia Spaces (PLL Share)
Celestia Spaces (PLL Share) Saleable PLL Area Location Share JV Partner (000’s sq ft.) Mumbai 100% - 479 Nos. Area Avg. Sales Construction % Sales of Sold Reali- Collection Value Milestone Completion units (‘000 zation (Rs. Cr) (Rs.Cr) sq ft ) (Rs./sqft) Till Q1, FY 16 11% 27% Q1, FY 16 2 4 11 29,49
Slide 19: Celestia Spaces-Current Status
Celestia Spaces-Current Status March 2015 CURRENT STATUS TOWER A TOWER B 19
Slide 20: Carmichael Residences
Carmichael Residences PLL Saleable Area Location Share JV Partner (000’s sq ft.) Mumbai 40% KBK Group 136 Nos. Sales Avg. Area Sold Collection of units Value Realization (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 16 - - - - 26 Till Date 5 26 159 60,798 75 Construction % Sales Milestone Complet
Slide 21: Carmichael Residences-Current Status
Carmichael Residences-Current Status March 2015 CURRENT STATUS South Side View North Side View 21
Slide 22: New Great Eastern, Byculla
New Great Eastern, Byculla PLL Saleable Area Location Share JV Partner (000’s sq ft.) Byculla, 57% PREI Fund 776 Mumbai Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 16 6 10 26 27,509 4 Till
Slide 23: Ashok Meadows (Phase 1)
Ashok Meadows (Phase 1) PLL Saleable Area Location Share JV Partner (000’s sq ft.) Hinjewadi, Peninsula Realty 55% 498 Pune Fund & Clover Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 16 11 1
Slide 24: Ashok Meadows (Phase 1)-Current Status
Ashok Meadows (Phase 1)-Current Status March 2015 CURRENT STATUS BUILDING L & M BUILDING J & K BUILDING N-O BUILDING Y-Z 24
Slide 25: Ashok Heights, JP Nagar
Ashok Heights, JP Nagar PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Bengaluru 80% 618 Realty Fund Nos. Sales Avg. Construction % Sales Area Sold Collection of units Value Realization Milestone Completion (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 16 5 18 16 9,279 0 Til
Slide 26: Ashok Heights, JP Nagar-Current Status
Ashok Heights, JP Nagar-Current Status March 2015 CURRENT STATUS Tower A Tower B 26
Slide 27: Ashok Astoria
Ashok Astoria PLL Saleable Area Location Share JV Partner (000’s sq ft.) Nashik 100% - 589 Nos. Sales Avg. Area Sold Collection of units Value Realization Construction % Sales (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Milestone Completion Q1, FY 16 7 9 4 3,961 2 Till Date 186 302 105 3,482 85 Till Q
Slide 28: Ashok Astoria-Current Status
Ashok Astoria-Current Status March 2015 Plaster & LMR work in progress Building 2A Building 2B Building 2C CURRENT STATUS 28
Slide 29: Ashok Nirvaan
Ashok Nirvaan PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Lonavala 25% 352 Realty Fund Nos. Sales Avg. Area Sold Collection Construction % Sales of units Value Realization (‘000 sq ft ) (Rs. Cr) Milestone Completion (Rs.Cr) (Rs./sqft) Q1, FY 16 - - - - 3 Till Q1, FY 16 24% 3
Slide 30: Ashok Nirvaan-Current Status
Ashok Nirvaan-Current Status March 2015 Villa No-29 Villa No-41 Villa No-7 CURRENT STATUS 30
Slide 31: Ashok Beleza
Ashok Beleza PLL Saleable Area Location Share JV Partner (000’s sq ft.) Peninsula Goa 58% 247 Realty Fund Nos. Sales Avg. Construction % Sales Area Sold Collection of units Value Realization Milestone Completion (‘000 sq ft ) (Rs. Cr) (Rs.Cr) (Rs./sqft) Q1, FY 16 (1) 0 0 7,927 0 Till Q1, FY 16 48% 2
Slide 32: Ashok Beleza-Current Status
Ashok Beleza-Current Status CURRENT STATUS Sales office and Show Villa B/6, at Finishing Stage C 2, Block work in progress B 5, Finishing stage, Windows fixing C 27-28, Louvers fixing in progress Internal painting in progress 32
Slide 33: Disclaimer
Disclaimer By attending the meeting where this presentation is made, or by reading the presentation slides, you agree to be bound by the following limitations: • This document has been prepared for information purposes only and is not an offer or invitation or recommendation to buy or sell any secur
Slide 34: Thank You
[=] PENINSULA LAND CREATING INTERNATIONAL LANDMARKS Thank You ASHOK PIRAMAL GROUP