Capitaland India Trust · SGX:CY6U
Capitaland India Trust — Shareholder Meeting (April 2024)
15 slides from Capitaland India Trust's shareholder meeting presentation, Apr 19, 2024
Slide 1: 2024 Annual General Meeting
CAPITALAND INDIA TRUST 2024 Annual General Meeting 19 April 2024, 2.30 p.m. 3
Slide 2: Disclaimer
Disclaimer This presentation may contain forward-looking statements. Actual future performance, outcomes and results may differ materially from those expressed in forward- looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors inc
Slide 3: CapitaLand India Trust (CLINT)
CapitaLand India Trust (CLINT) Largest India-focused Property Trust in Singapore with World-class Quality Assets 5 21.0 Top Tier Cities million sq ft Completed Floor Area 18 Diversified World Class Assets Mumbai S$3.1B 1 1 1 3 Pune Hyderabad Assets Under 31 Management 3 2 Bangalore 1 1 1 Chennai 7.1
Slide 4: FY 2023 Key Highlights
FY 2023 Key Highlights AUM1 FY2023 NPI Gearing Ratio2 Net Asset Value3 S$3.0 billion S$179.6 million 35.8% S$1.29 per unit 20% YoY 8% YoY down from 36.7% 16% YoY COMMITTED PROACTIVE SUSTAINABILITY- FY2023 DPU4 LINKED FINANCING OCCUPANCY LEASING/RENEWALS 93% 3.9 million sq ft 6.45 Singapore Cents S$8
Slide 5: FY 2023 Results
FY 2023 Results FY 2023 FY 2022 Variance SGD/INR FX rate1 61.4 56.5 8.7% • Income contributions from new acquisition - ₹14,377 million ₹11,906 million 21% Arshiya Warehouse 7, Industrial Facility 1 in Total property income S$234.1 million S$210.6 million 11% Mahindra World City, ITPH Block A and ITP
Slide 6: Portfolio Valuation
Portfolio Valuation 31 December 20231 31 December 20221 Properties Valuation Cap Rate Valuation Cap Rate Variance (INR million) (%) (INR million) (%) Office: 8.25 Office: 8.25 International Tech Park Bangalore 50,581 45,412 11.4% Retail: 9.00 Retail: 9.00 International Tech Park Chennai 22,385 8.50
Slide 7: Debt Maturity Profile & Capital Structure
Debt Maturity Profile & Capital Structure Gearing Ratio Net Gearing Ratio Cost of Debt Effective borrowings S$1,336 million 35.8%1 32.6%2 6.3%3 % of fixed rate debt 74.9% S$ million INR: 60.0% Hedging ratio S$: 40.0% Available debt headroom S$1,058 million 12.7 (gearing limit of 50%) Interest servic
Slide 8: ESG: A Key Focus for CLINT
ESG: A Key Focus for CLINT Environmental Governance 39% 99% 58% 29 MW 4th rank Renewable Energy Green-Certified Sustainability-Linked First Solar Power Plant Singapore Governance & Transparency Index Consumption1 Portfolio2 Loans located in Tamil Nadu3 20236 (Up from 6th in 2022) Social Accolades 4
Slide 9: Portfolio Occupancy
Portfolio Occupancy Committed occupancy: 93% Bangalore Chennai Hyderabad Mumbai Pune 100% 97% 100% 97% 100% 96% 95% 95% 93% 87% 88% 88% 88% 80% 75% 71% 71% 71% 62% 55% 1,2 3 1 ITPB ITPC CyberVale IFs, MWC ITPH aVance CyberPearl Building Q1 Arshiya Panvel aVance ITPP-H Hyderabad Pune 4 Committed occu
Slide 10: Diversified Tenant Base
Diversified Tenant Base Tenant core business & country of origin by base rental Argentina Others 6% Others Singapore 1% 12% 1% Switzerland Retail and F&B 1% 2% France Design, Gaming & 6% Media 4% Banking & USA Financial 44% Services 7% Tenant Core Country of Business Origin Logistics 7% Electronics,
Slide 11: Spread-out Lease Expiry Profile
Spread-out Lease Expiry Profile Weighted average lease term Weighted average lease expiry 6.5 years 3.4 years Monthly base rent expiring (INR mil) 500 >50% of leases expiring in 2024 are either renewed or 40% 400 highly likely to be renewed 300 19% 18% 200 15% 100 8% - FY2024 FY2025 FY2026 FY2027 FY
Slide 12: India's GDP drivers support CLINT's growth prospects
India's GDP drivers support CLINT's growth prospects Economic Growth Infrastructure Growth GDP Forecast (% YoY) ❑ India’s infrastructure sector is set to become the biggest India will remain driver for the country’s economic growth. the fastest- growing major ❑ Investments in the sector are projecte
Slide 13: Key Income Growth Drivers for FY 2024
Key Income Growth Drivers for FY 2024 NPI Growth Acquisition and Weighted Average Drivers Development Pipeline Cost of Debt • ITPH Block A, ITPP-H, as well as 1. Asset acquired: • In the latest Federal Reserve Industrial Facility 2 and 3 started • aVance Pune II 3, Pune conference held in November 2
Slide 14: Growth based on Committed Pipeline
Growth based on Committed Pipeline Floor area (million sq ft) 35.0 30.4 30.0 1.6 31% Non-IT Park Asset Class 1 25.0 6.8 3rd Party Acquistions 21.0 Under Development Development (MTB Pipeline 6 and (MTB FTWZ) 6 + FTWZ) 20.0 1.0 Portfolio 15.0 10.0 21.0 21.0 5.0 0.0 March Dec2024 23 Growth pipeline 1.
Slide 15: Thank you
Cap/taLand _ Thank you
CapitaLand India Trust — Shareholder Meeting (April 2024) on 6ix