Puravankara Limited · NSE:PURVA
Puravankara — Q2 FY11 Earnings Presentation
17 slides from Puravankara's earnings presentation, September 2010
Slide 1: Puravankara Results – 30 September 2010
PURAVANKARA Results – 30 September 2010
Slide 2: Contents
Contents • Board of Directors and Management • Corporate Profile • Corporate Overview • Shareholding Pattern • Land Portfolio • Sales • Current Project Status • Audited Financial Statements • Debt • Execution Update of Projects • Disclaimer
Slide 3: Board Of Directors and Management
Board Of Directors and Management Ravi Puravankara R.V.S. Rao Chairman and Managing Director Independent Director • Over 35 years of experience in real estate industry • Bachelor’s degree in Commerce and Law • Former president of the International Real Estate • Over 37 years of experience in banking
Slide 4: Corporate Profile
Corporate Profile • Over 35 years of experience in property development, real estate and construction • Operations across major cities in South India, Kolkata, Colombo and UAE • Experienced Management Team with proven track record • Unparalleled execution capability with focus on quality and premium
Slide 5: Corporate Overview
Corporate Overview • Development Potential Developable Area Saleable Area Msft Msft Future 123.00 100.71 Current (16 projects) 20.25 17.29 Total 143.25 118.00 • Future Developable area of 123 msft, will be a mix of Residential and Commercial Business • JV with Keppel Land of Singapore and Homex of M
Slide 6: Shareholding Pattern – as at 30 Sep 2010
Shareholding Pattern – as at 30 Sep 2010 % of Shareholding Promoter Notes Promoter Shares are unencumbered 6.46% Foreign Inst. Investors Prominent FII’s Individual • HSBC Global Investment 1.33% Funds, Shareholders • Master Trust Bank of Japan, 0.92% Mutual Fund • LIC 89.96% • HDFC Trustee Company 0
Slide 7: Land Portfolio
yy PURAVANKARA Pad CELEBRATING THE JOY OF LIVING Land Portfolio + Land in Msft represents land which has been acquired + FSi cost of land per sft is €107/- + Development, Saleable Area are indicative in nature and is subject to change post receipt of regulatory Ongoing Future —_Total Developable Are
Slide 8: Sales – 30 Sep 2010
Sales – 30 Sep 2010 Based on Bookings Quarter ended Area Sold Units Sold Sale Value Sale Realization Sep-10 Sep-09 % Sep-10 Sep-09 % Sep-10 Sep-09 % Sep-10 Sep-09 % msft msft No.s No.s Rs.in million Rs.in million Rs.psft Rs.psft Puravankara 0.74 0.31 138% 454 186 144% 2,333 1,011 131% 3,140 3,237 -3
Slide 9: Sales – 30 Sep 2010 (contd.)
Sales – 30 Sep 2010 (contd.) As compared to the corresponding quarter ended 30 Sep 2009 • Sales Volume increased by 30% • Sales Value increased by 48% • Sales Realization increased by 13.30% As compared to the corresponding Half Year ended 30 Sep 2009 • Sales Volume remained constant • Sales Value i
Slide 10: Current Project Status – 30 Sep 2010
Current Project Status – 30 Sep 2010 Sl.No. Project Location Developable Total Flats JD Share Puravankara's On Area Launched Area Share - Developable Area Area Sold Balance Area Launched Cumulative Inventory on units Residential: Msft Units Msft Msft Msft % Puravankara 1 Atria-I Sanjay Nagar, Bangal
Slide 11: Audited Income Statement
Audited Income Statement Consolidated Consolidated Consolidated Quarter ended Quarter ended Year ended Q2 FY 11 Q2 FY 10 FY 10 ` ` ` Sep-10 Sep-09 Mar-10 INCOME Revenues 1,54,24,45,570 2,26,39,44,936 4,78,36,19,708 Cost of Revenues 1,00,33,83,024 1,24,36,26,877 2,74,81,25,814 GROSS PROFIT 53,90,62,5
Slide 12: Audited Income Statement
Audited Income Statement Consolidated Consolidated Consolidated Half Year ended Half Year ended Year ended H1 FY 11 H1 FY 10 FY 10 ` ` ` Sep-10 Sep-09 Mar-10 INCOME Revenues 2,70,53,89,280 2,82,36,01,069 4,78,36,19,708 Cost of Revenues 1,66,72,03,678 1,62,71,93,631 2,74,81,25,814 GROSS PROFIT 1,03,8
Slide 13: Audited Income Statement – contd.
Audited Income Statement – contd. 6,000 36% 5,000 8% -21% 49% 4,000 3,000 86% 45% (Rs. million) 86% 12% 2,000 52% -29 98% -40%1% 85% 76% 1,000 85% 95% 93% 105% 147% 138% - Revenue Gross Profit Profit After Tax Percentage at the top of the bar indicates sequential growth Percentage in the table indic
Slide 14: Debt – 30 Sep 2010
Debt – 30 Sep 2010 Debt Movement Q2 - 2010 Q2 - 2009 H1 - 2010 H1 - 2009 ` Million ` Million ` Million ` Million Opening Balance 9,168 8,297 8,811 8,146 Additions during the period 1,518 658 3,235 1,423 Repayments during the period 942 628 2,303 1,243 Closing balance 9,744 8,326 9,744 8,326 Less: Ca
Slide 15: Execution Update
Execution Update Visit our website www.puravankara.com for progress update of the ongoing projects
Slide 16: Disclaimer
Disclaimer This presentation contains certain forward-looking statements. These statements involve risks and uncertainties, and actual results may differ. Risks and uncertainties include without limitation the effect of competitive and economic factors, and the Company’s reaction to those factors, o
Slide 17: Thank You
THANK YOU Puravankara Projects Limited 130/1, Ulsoor Road, Bangalore - 560042 Tel: 080-25599000/43439999 Please contact: Mr. Hari Ramakrishnan Email: investorrelations@puravankara.com