Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Prozone Intu Properties — Q2 FY2023 Earnings Presentation
30 slides from Prozone Realty's earnings presentation, Nov 14, 2022
Slide 1: Exchange filing cover letter
prozone intu it ro National Stock Exchange of India Limited SSE Limited Ixchange Plaza, Listing Department, Bandra Kurla Complex, Bandra (E), P.J. Towers, Dalal Street, Fort, Mumbai 400 051 Mumbai 400 001 Scrip: PROZONINTU Scrip: 534675 Subject: Investor presentation- Q2 1:Y 2022-23 Dear Sir/Madam,
Slide 2: Upward And Forward: Q2 FY23 Results Update Presentation
Upward Q2 FY23 RESULTS UPDATE PRESENTATION And Forward Nov 2022 PROZONE INTU PROPERTIES LIMITED 0
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Quarterly Business Update 02 Financial Results 03 Asset Snapshot 04 Annexure 1
Slide 4: Quarterly Business Update
prozone QUARTERLY BUSINESS UPDATE into 2
Slide 5: Executive Summary
EXECUTIVE SUMMARY RESIDENTIAL Part OC for units upto 11 floors have been obtained for our Residential project in Nagpur, Handover process have commenced. MALL Growth momentum continues for the Retailers in Q2 FY23 backed by Festivals and new Leasing. Prozone Mall Aurangabad Retailer sales in
Slide 6: Key Highlights of Q2 FY23
KEY HIGHLIGHTS OF Q2 FY23 Highest Ever Footfall in a quarter* 4.3 mn - Aurangabad & Coimbatore Excellent Leasing conversion 27,000 sqft - Aurangabad & Coimbatore Highest Ever Retailer Sales Rs ~900 mn - Aurangabad Mall Highest Ever Trading Density Rs 850 PSFPM - Aurangabad Mall Highest brands sharin
Slide 7: Results Highlights
Q1 FY23 RESULTS HIGHLIGHTS 01 Q2FY23 Income from operations at Rs 267 mn o Q2FY23 Income from Mall is stands at 247.5 mn which is down by 2% over Q1FY23. o Q2FY23 Income from Real estate stood at 19.5 mn which is from PTC project. 02 Q2FY23 EBITDA without other income at Rs 140.9 mn o Q2 FY23 EBITDA
Slide 8: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q2 FY23 Q1 FY23 Q2 FY22# H1 FY23 H1 FY22# FY22 Revenue from Real Estate Projects^ 19.5 32.8 119.1 52.3 119.1 244.3 Lease Rental & Related Income 247.5 253.6 183.9 501.1 254.9 689.4 Total Income from operations 267.0 286.4 302.9 553.4 374.0 933
Slide 9: Asset Snapshot
prozone ASSET SNAPSHOT into 7
Slide 10: Operating/Development Assets
OPERATING/DEVELOPMENT ASSETS Aurangabad Mall Nagpur Mall Nagpur Residential Coimbatore Mall Aurangabad PTC Coimbatore Residential 8
Slide 11: Retail – Aurangabad Mall Update
RETAIL – AURANGABAD MALL UPDATE Key Operating Parameters Q2 FY23 Total Operational Area (lakh sq.ft.) 5.18 Total Leased Area (lakh sq.ft.) 5.28 Current Leasing Status 77% Number of Stores Leased 100 New Stores Opened in quarter 4 Number of Stores Under fit out 4 Consumption Trend (INR lacs) Occupanc
Slide 12: New Stores at Aurangabad Mall
NEW STORES AT AURANGABAD MALL Zudio Mr DIY Elleven Forest Essential 10
Slide 13: Brand Partners at Aurangabad Mall
pro on BRAND PARTNERS AT AURANGABAD MALL i nto /MI v BAZAAR max Reliance niisitst (Tom. I N OX' EIV: LIVE THE MOVIE .4 Always Low Prices MARKS SPENCER pantalmns` SHOPPERS STOP START SOMETHING NEW globus Reliance 10? BLACKBERRYS 0elleven YAI[enSolly BIBA KILLER IIIPKO-corkefro, Oh & 13 iNhei Lenovo 6
Slide 14: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL Dhol Tasha Competition at Prozone Mall Navratri at Prozone Mall Information and Broadcasting Photo Exhibition Navratri Activities at Prozone Mall 12
Slide 15: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q2 FY23 Total Operational Area (lakh sq.ft.) 4.37 Total Leased Area (lakh sq.ft.) 4.55 Current Leasing Status 91% Number of Stores Leased 106 New Stores Opened in quarter 4 Number of Stores Under fit out 7 Consumption Trend (INR lacs) Occ
Slide 16: New Stores at Coimbatore Mall
NEW STORES AT COIMBATORE MALL Derby Flying Machine Max Sizzler Works Heat Square 14
Slide 17: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL prozone into #41 SPAR oantalmns Reliancedisitall -41(et ankletf.,5 UN In NAN FFISIIIIE We bring technuichigy to Nire Alrytiu aqhmorgr LIMIT mina T'iu EILKL'r uillcs FAGoajjij f e MARKS SPENCER lif eSytie fITRENDS Yoma s* *•1 max LIVE THE MOVIE • 4 • Totaseur -rossor
Slide 18: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL 5th Anniversary & EOSS Sale World Breast feeding week Independence Day Celebrity visit for Movie Promotion at Mall 16
Slide 19: Project Update - Coimbatore - Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ____________________________________ Coimbatore Residential (CGI) • ~1.9 m sqft of residential ____________________________________ • 7 towers of 18 floors comprising 1,152 apartments ____________________________________ • 3 towers of 18 floors comprising 54
Slide 20: Coimbatore Residential
COIMBATORE RESIDENTIAL Project Status as on July 2022 Project Status as on Sep 2022 Splendour Splendour Manhattan Manhattan 18
Slide 21: Project Update – Nagpur
PROJECT UPDATE – NAGPUR _____________________________________ • 0.5m sqft of retail space under Nagpur mall design (CGI) advanced stage of approvals • 0.39m additional development potential _____________________________________ • 4.5m catchment population _____________________________________ • 15.7
Slide 22: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual 20
Slide 23: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population Actual Actual • Prominent business and industrial centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be developed in p
Slide 24: Disclaimer
DISCLAIMER Generic Disclaimer The following is a general overview of Prozone INTU Limited (the “Company”) and is qualified in its entirety by reference to the applicable offering memorandum, memorandum and articles of association or other constitutional documents and subscription agreement (together
Slide 25: Thank You
THANK YOU Email: investorservice@prozoneintu.com Website: www.prozoneintu.com 23
Slide 26: Annexure
prozone ANNEXURE into 24
Slide 27: About Us
ABOUT US • Prozone Intu Properties Ltd. (Prozone Intu) is jointly developed by Promoters and Intu Properties Plc set up to create, develop and manage world-class regional shopping centres and associated mixed-use developments Pan-India. BUSINESS • Prozone Intu strategy is to participate and dominate
Slide 28: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Business Strategy • Develop Large scale Land Parcels for Mixed Use development. • 75% of the Land to be developed as Residential & Commercial – Build & Sell model • 25% of the Land to be developed as Retail – Build & Lease Model • The Company foll
Slide 29: Understanding Our Business Model - Business Strategy
UNDERSTANDING OUR BUSINESS MODEL - BUSINESS STRATEGY Regional Malls Yield under own Lease Management Model Debt Free Large scale Assets land parcels FUTURE for mixed use Profits & GROWTH developments Shareholder Residential & Cash Value Commercial Sales Developments Model • Locations selected in hig
Slide 30: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – Sep 2022 27.40% 38.20% 5.57% 28.83% Promoters FDI FPI Others Key Investors Holding (%) Jhunjhunwala & Family 2.46% ACACIA Group 3.01% Radhakishan Damani & Family 0.90% Sandeep Raheja & Family 1.40% Source: BSE 28
Prozone Intu Properties — Q2 FY2023 Earnings Presentation on 6ix