Puravankara Limited · NSE:PURVA
Puravankara — Q3 FY21 Earnings Presentation
37 slides from Puravankara's earnings presentation, February 2021
Slide 1: Investor Presentation Q3 FY21
Investor Presentation Q3 FY21 Purva Seasons
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 Company Overvi a? ———PURVA jm SMILING a 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 74 projects measuring over 42.67msft • 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 30.25 11.93 40.20 52.13 Chennai 6.26 1.64 11.71 13.35 Hyderabad 1.86 1.08 - 1.08 Kochi 1.89 3.43 4.21 7.64 Others 1.57 0.23 1.01 1.24 West India 0
Slide 8: Ongoing and New Launches
Ongoing and New Launches Non-Bengaluru projects now account for 46% of the share of Provident accounts for 82% of the launch pipeline; in line ongoing and 85% of launch pipeline with the market trends and the Group‘s strategy 14% Launch pipeline 18% 2% Launch pipeline 17% 35% Ongoing 44% Ongoing 15%
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 9MFY21 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 -1.75 Closing Area 24.92 20.82 23.08
Slide 11: Sales Q3FY21 Vs Q3FY20
Sales Q3FY21 Vs Q3FY20 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Dec-20 Dec-19 % Dec-20 Dec-19 % Dec-20 Dec-19 % Dec-20 Dec-19 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.61 0.31 97% 368 200 84% 420 216 94% 6,884 6,969 Completed 0.31
Slide 12: Sales 9MFY21 Vs 9MFY20
Sales 9MFY21 Vs 9MFY20 Based on Bookings 9M Ended Area Sold Units Sold Sale Value Sale Realization Dec-20 Dec-19 % Dec-20 Dec-19 % Dec-20 Dec-19 % Dec-20 Dec-19 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 1.51 1.25 21% 958 882 9% 1,020 861 18% 6,752 6,891 Completed 0.77 0.7
Slide 13: Sales Q3FY21 Vs Q2FY21
Sales Q3FY21 Vs Q2FY21 Based on Bookings Quarter Ended Area Sold Units Sold Sale Value Sale Realization Dec-20 Sep-20 % Dec-20 Sep-20 % Dec-20 Sep-20 % Dec-20 Sep-20 % msft msft Nos. Nos. Rs.in crs Rs.in crs Rs.psft Rs.psft Puravankara 0.61 0.51 20% 368 315 17% 420 337 25% 6,884 6,609 4% Completed 0
Slide 14: Launch Pipeline
Launch Pipeline 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% 0.12 Q1/Q2 FY22 2 Chembur (Purva Estella) Mumba
Slide 15: Update on financials
Update on financials Actual site picture – Purva Palm Beach 15
Slide 16: Income Statement for Quarter Ended 31st December 2020
Income Statement for Quarter Ended 31st December 2020 All numbers in INR Cr Q3FY21 Q2FY21 Q3FY20 Particulars Un Audited Un Audited Un Audited Income from operations Revenue from projects 256.41 211.82 516.99 Other Income 47.41 8.25 11.12 Total Income from operations 303.82 220.07 528.11 Expenses Sub
Slide 17: Income Statement for the 9 Months ended 31st December 2020
Income Statement for the 9 Months ended 31st December 2020 All numbers in INR Cr 9MFY21 9MFY20 Particulars Un Audited Un Audited Income from operations Revenue from projects 650.58 1,758.85 Other Income 63.84 38.62 Total Income from operations 714.42 1,797.47 Expenses Sub-contractor cost 226.35 275.
Slide 18: Cash Flow
Cash Flow All numbers in INR Cr Cash Flow Statement Q1 FY 21 Q2 FY 21 Q3 FY 21 9M FY21 A Operating Inflows 187.8 285.2 374.8 847.8 B Operating Outflows (151.5) (183.9) (189.5) (524.9) C=A-B Operating Surplus 36.4 101.2 185.3 322.9 Less Interest Cost( Net ) (15.0) (52.6) (58.4) (126.0) Tax Paid (4.1)
Slide 19: 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) 948 1,209 2,157 Value of Inventory open for sale 2 (B) 3,110 1,769 4,879 Balance cost to go 3 (C) 1,500 1,323 2,823 Surplus (A) + (B) – (C) (D
Slide 20: Debt Profile – Reduction in debt with equity funds
Debt Profile – Reduction in debt with equity funds All numbers in INR Cr in Rs. Cr Q3FY21 Q2FY21 Q1FY21 Q4FY20 Q3FY20 Q2FY20 Q1FY20 Q4FY19 Q3FY19 Opening Balance 2,834 2,680 2,681 2741 2,827 2,889 2,921 2,902 2,642 Net Addition (Repayment) -221 154 -1 -61 -86 -62 -32 19 260 Debt Outstanding 2,613 2,
Slide 21: Appendix 1: Project Status
Appendix 1 : Project Status 21
Slide 22: Appendix – Project Status
Appendix 1 – Project Status 22
Slide 23: Project Status – Completed Projects as on December 31, 2020
Project Status – Completed Projects as on December 31, 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 % COMPLETED Puravankara 1 Coro
Slide 24: Project Status – Under Construction as on December 31, 2020
Project Status – Under Construction as on December 31, 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 Puravanka
Slide 25: Project Status – Not yet open for Sale units as on December 31, 2020
Project Status – Not yet open for Sale units as on December 31, 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 FOR
Slide 26: Appendix 2: Other Corporate Information
Appendix 2: Other Corporate Information 26
Slide 27: 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 28: Shareholding Pattern as of December 31, 2020
Shareholding Pattern as of December 31, 2020 Others, 8% Mutual Funds, 1% FIIs and FPIs, 16% Promoters Group, 75% 28
Slide 29: Share Price Movement
Share Price Movement 160 140 120 100 80 60 40 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Puravankara Sensex BSE Realty Notes 1. Promoter Shares are unencumbered 2. Graph rebased to 100 29
Slide 30: Awards and Accolades
Awards and Accolades WORLD ECONOMIC FORUM New Champions Construction Week Awards - Real Estate 12th Annual Estate Awards - Developer of Business Connect Awards - Women Awards - Puravankara Limited as an Honourable Person of the Year – Mr. Ashish Puravankara the Year - Residential (South) - Puravanka
Slide 31: Media & Capital Market Recognition
Media & Capital Market Recognition Robust long term business continuity plan, capital infusion with constant emphasis on technology adaptation to better customer experience has helped in strengthening our position as a thought leader for the Q3 FY20-21
Slide 32: Appendix 3: Our Completed Projects
Appendix 3: Our Completed Projects PURVA GAINZ 32
Slide 33: Our Completed Projects
PURAVANKARA Our Completed Projects SS AN SAN. AWAY CEES AAR a: Ze 2g a DTOWN
Slide 34: Appendix 4: Select Ongoing Projects
Appendix 4 : Select Ongoing Projects 34
Slide 35: Select Ongoing Projects
PURAVANKARA Select Ongoing Projects Ye VSTHES PURAVANKARA
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. Neeraj Gautam, VP Finance Email – Neeraj.Gautam@Puravankara.com; Tel: +91-80-4343 9999