Slide 1: Outcome of Board Meeting, February 11, 2021
February 11, 2021 The General Manager – DCS, The Manager, Listing Operations-Corporate Services Dept. Listing Department, BSE Ltd. National Stock Exchange of India Ltd., 1st Floor, New Trading Ring, Rotunda Building, Exchange Plaza, 5th Floor, Plot No. C/1, G 'P J. Towers, Dalal Street,Fort, Mumbai
Slide 2: Board Outcome: Debenture Terms and Series C NCD
Prof. Jha holds a MMS degree from Birla Institute of Technology & Science, Pilani. She is also a PMI certified Project Management Professional and an AWS certified solutions architect. Her interests include researching IT Business Alignment, leverage of technologies for digital transformation Artifi
Slide 3: Independent Auditor's Review Report on Consolidated Results
12th Floor S.R. BATtiBOI & ASSOCIATES LLP "UB City" Canberra Block No. 24, Vittal Mallya Road Chartered Accountants ssnusturu- 560 001, India Tel: +91 8066489000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Consolidated Financial Results of the Company Pursuant to
Slide 4: Auditor Review Report: List of Subsidiaries and Entities
S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants XI. Purva Star Properties Private Limited XII. Purva Sapphire Land Private Limited XIII. Purva Ruby Properties Private Limited XIV. Grand Hills developments Private Limited xv. Prudential Housing and Infrastructure Development Limited XVI. Jaganma
Slide 5: Auditor Review Report: Other Matter
S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants Our conclusion on the Statement is not modified in respect ofthese matters. 7. Other Matter The accompanying Statement of quarterly and year to date unaudited consolidated financial results include the financial results and other financial informa
Slide 6: Unaudited Consolidated Financial Results, Quarter Ended December 2020
'. PURAVANKARA LIMITED Corporate Identity Number (ClN): L45200KAI986PLC051571 Regd. Office: No. 130/1. Ulsoor Road, Bengaluru • 560042, India Phone: +91·80-43439999 Fax: +91·80·25599350 Email: investorS@puravankara.com Website: hUp:llwww.puravankara.com Statement o,rUnaudited Consolidated Financial
Slide 7: Consolidated Results Notes
-, Statement OrUI~all~ited Gons?lidated Financ~nl.Re.sults ror the quarter llnd nine months en~ed De~ember 31. 2020 Notes: The above consolidated financial results of Puravankara Limited ('the Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors o
Slide 8: Independent Auditor's Review Report on Standalone Results
12th Floor S.R. BATUBOI & ASSOCIATES LLP "UB City" Canberra Block No. 24, Vittal Mallya Road Chartered Accountants Bengaluru - 560 001, India Tel: +91 BO 664B 9000 Independent Auditor's Review Report on the Quarterly and Year to Date Unaudited Standalone Financial Results of the Company Pursuant to
Slide 9: Auditor Review Report: Emphasis of Matter
S.R. BATLIBOI & ASSOCIATES LLP Chartered Accountants 5. Emphasis of Matter We draw attention to the following notes to the accompanying financial results: (i) Note 04 in connection with the wholly-owned subsidiary being subject to an ongoing litigation with its customer. Pending resolution of the li
Slide 10: Unaudited Standalone Financial Results, Quarter Ended December 2020
PURAYANKARA LIMITED Corporate Idenlity Number (ClN): L45200KAI986PLC051571 Regd. Office: No. 13011, Ulsoor Road, Bengaluru - 560042, India Phone: +91-80-43439999 Fax: +91-80-25599350 Email: inveslors@puravankara.com Website: http://www.puravankara.com Statement of Unaudited Standalone Financial Resu
Slide 11: Standalone Results Notes
Statement of Unaudited Standalone Financial Results for the quarter and nine months ended Decem ber 31,2020 Notes: The above standalone financial results of Puravankara Limited ('the Company') have been reviewed by the Audit Committee and approved at the meeting of the Board of Directors of the Comp
Slide 12: Purva Seasons Q3 FY21
Investor Presentation Q3 FY21 Purva Seasons
Slide 13: 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 14: Company Overview
PURAVANKARA Company Overvi a? ———PURVA jm SMILING a WILLOWS At The Sound Of Water 3
Slide 15: Company Overview – 2 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 16: 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 17: Development Bank
Development Bank Actual site picture – Purva Palm Beach 6
Slide 18: 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 19: 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 20: Operational Overview – Area and sales
Operational Overview – Area and sales Actual site picture – Purva Palm Beach 9
Slide 21: 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 22: 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 23: 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 24: 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 25: 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 26: Update on financials
Update on financials Actual site picture – Purva Palm Beach 15
Slide 27: 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 28: 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 29: 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 30: 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 31: 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 32: Appendix 1: Project Status
Appendix 1 : Project Status 21
Slide 33: Appendix – Project Status
Appendix 1 – Project Status 22
Slide 34: 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 35: 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 36: Project Status – Not yet open for Sale units
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 37: Appendix 2: Other Corporate Information
Appendix 2: Other Corporate Information 26
Slide 38: 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 39: 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 40: 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 41: 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 42: 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 43: Appendix 3: Our Completed Projects
Appendix 3: Our Completed Projects PURVA GAINZ 32
Slide 44: Our Completed Projects
PURAVANKARA Our Completed Projects SS AN SAN. AWAY CEES AAR a: Ze 2g a DTOWN
Slide 45: Appendix 4: Select Ongoing Projects
Appendix 4 : Select Ongoing Projects 34
Slide 46: Select Ongoing Projects
PURAVANKARA Select Ongoing Projects Ye VSTHES PURAVANKARA
Slide 47: 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 48: 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