Slide 1: Creation. not construction. (exchange cover letter)
re Creation. not construction. To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department; Corporate Relationship Department, 'Exchang e Plaza' , 1st floor, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (East), Dalal Street,
Slide 2: Q2 & H1 FY22 Results Presentation
Kolte-Patil Developers Limited Q2 & H1 FY22 Results Presentation
Slide 3: Disclaimer
Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those s
Slide 4: Table of Contents
Table of Contents 1 KPDL – Power Of Discipline 2 CEO’s Message 3 Operational Highlights 4 Priority Launches 5 Performance Highlights 6 P&L Snapshot 7 Project Portfolio 8 Outlook 9 About Kolte-Patil Developers Ltd. 3
Slide 5: Power Of Discipline – Deliver More With Less
Power Of Discipline – Deliver More With Less Sustained market Sound capital Diversifying Asset-light growth leadership allocation geographical presence Successive Among the Strengthened years of Sales and healthiest sales Debt marketing sectorial pipeline for reduction cost sales next round of effic
Slide 6: Kolte-Patil Developers: At a Glance
Kolte-Patil Developers: At a Glance Leading 3 Decades ~28 MSF Residential real estate player in Pune Project portfolio - under execution, of presence being incorporated in 1991 (Awarded as Most Reputed Brand in Pune ) approval, land bank and DMA > 20 MSF ~12% A+/Stable of area delivered across Pune,
Slide 7: CEO's Message
CEO’s Message Commenting on the performance for Q2 FY22 Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said: “We are pleased to report that in the first half of FY22, our sales grew 89% by value to Rs. 678 crore and 60% by volume to 1.07 msf. During the same period, collections increase
Slide 8: Operational Highlights – Q2 FY22
Operational Highlights – Q2 FY22 New area sales Q2 FY22 Q1 FY22 Q2 FY21 QoQ YoY H1 FY22 H1 FY21 YoY Volume (million sq. ft.) 0.67 0.40 0.35 68% 92% 1.07 0.67 60% Value (Rs. million) 4,290 2,486 1,944 73% 121% 6,776 3,586 89% Realization (Rs./Sq. ft.) 6,370 6,261 5,517 2% 15% 6,312 5,381 17% Collecti
Slide 9: Sales & Collections – Ongoing Projects – Q2 FY22
Sales & Collections – Ongoing Projects – Q2 FY22 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. mn.) (Rs./sft.) (Rs. mn.) Life Republic Hinjewadi 0.15 786 5,212 1,399 Universe(R10) ,LR Hinjewadi 0.06 351 5,842 111 Stargaze Bavdhan 0.06 375 6,259 401 Three Jewels Kondhwa 0.05 239
Slide 10: Region-wise Sales – Q2 FY22
Region-wise Sales – Q2 FY22 Total Area Total Sales Total Sold Value Collection 0.67 msf 4,290 mn 3,738 mn Total (Mumbai Projects) 0.07 msf Rs. 1,129 mn Rs. 343 mn Maharashtra Total (Pune Projects) 0.54 msf Rs. 2,813 mn Rs. 3,051 mn Total (Bengaluru Projects) 0.07 msf Rs. 349 mn Rs. 344 mn 9
Slide 11: New Sales Analysis – Q2 FY22
New Sales Analysis – Q2 FY22 msf. 0.50 0.82 0.67 0.31 0.35 0.56 0.85 0.40 0.67 9% 1% 10% 2% 9% 4% 9% 8% 5% 9% 10% 12% 8% 17% 14% 12% 13% 14% 19% 38% 31% 22% 42% 29% 23% 30% 16% 63% 37% 31% 40% 34% 31% 43% 23% 29% 19% 18% 16% 21% 17% 19% 22% 9% 12% Q2 FY20 Q3 FY20 Q4 FY20 Q1 FY21 Q2 FY21 Q3 FY21 Q4 F
Slide 12: Priority Launches
Priority Launches Pune Projects Location Use Saleable Area (msf.) Baner Baner Mixed Use 1.33 Down Town Kharadi Residential / Retail 0.68 Wagholi Equa Wagholi Residential 0.25 Tathawade* Tathawade Residential / Retail 0.55 Life Republic (R1, R16, R14) Hinjewadi Residential / Retail 1.63 Launches pl
Slide 13: Judiciously building project pipeline for the next round of growth
Judiciously building project pipeline for the next round of growth FY22 FY21 FY20 Signed a new project with a combined saleable FY19 Signed three new projects with a area of ~0.55 msf in Pune (Tathawade) under combined saleable area of ~2.2 msf in DM model. Expected DM fees of ~Rs. 35 crore Pune
Slide 14: Mumbai Presence - Expanding Footprint
Mumbai Presence - Expanding Footprint Shree Avadhoot (Dahisar East) Opp. Subway, St. Mary School Vaayu (Dahisar West) Near Mary Immaculate Girls School Evara (Borivali West) Near. McDonald's, S V Road Verve (Goregaon West) Walking distance from Inorbit mall, adjacent to Central mall Faster Creation
Slide 15: Performance Highlights – Last Five Years
Performance Highlights – Last Five Years Sales Volume, msf Sales Value, Rs. Crore APR, Rs./sft. 2.70 1,432 2.51 5,836 5,785 5,765 2.08 2.09 2.08 1,331 1,220 1,198 1,201 5,302 5,309 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Collections, Rs. Crore Delivery, msf Net Deb
Slide 16: Performance Highlights – Q2 FY22
Performance Highlights – Q2 FY22 Sales Volume, msf Sales value, Rs. Crore APR, Rs./sft. Collections, Rs. Crore Q2 FY21 0.35 Q2 FY21 194 Q2 FY21 5,517 Q2 FY21 201 Q3 FY21 0.56 Q3 FY21 332 Q3 FY21 5,961 Q3 FY21 382 Q4 FY21 0.85 Q4 FY21 511 Q4 FY21 5,988 Q4 FY21 441 Q1 FY22 0.40 Q1 FY22 249 Q1 FY22 6,2
Slide 17: Abridged Cash Flows
Abridged Cash Flows Q1 FY22 Q2 FY22 H1 FY22 Abridged Cash flows - (Rs. crore) (Un-Audited) (Un-Audited) (Un-Audited) Opening Balance 164 129 164 Operating Activities Collections 267 347 614 Construction Cost -145 -171 -316 Other Expenses -57 -41 -98 Direct & Indirect Taxes -20 -23 -43 Strategic Land
Slide 18: Consolidated Debt Profile
Consolidated Debt Profile Consolidated Debt Profile (Rs. crore) 30th September, 2021 30th June, 2021 31st March, 2021 CCM CCM CCM Net Worth 941 924 894 Gross Debt 542 591 665 Less: OCD / CCD / OCRPS / Zero Coupon NCD* 161 181 190 Debt 381 410 475 Less: Cash & Cash Equivalents & Current Investments 1
Slide 19: Consolidated Profit and Loss Snapshot
Consolidated Profit and Loss Snapshot Q2 Q1 Q2 H1 H1 P&L Snapshot (Rs. crore) FY22 FY22 FY21 FY22 FY21 Revenue from Operations 303.8 197.3 64.6 501.1 205.4 EBITDA 52.7 62.5 -9.5 115.2 -22.1 EBITDA Margin (%) 17.4% 31.7% -14.7% 23.0% -10.7% Profit before tax 43.9 46.4 -29.2 90.3 -60.7 Net profit afte
Slide 20: Revenue Recognition – Q2 FY22 vs Q2 FY21 & H1 FY22 vs H1 FY21
Revenue Recognition – Q2 FY22 vs Q2 FY21 & H1 FY22 vs H1 FY21 Q2 FY22 Q2 FY21 H1 FY22 H1 FY21 Rs.304 crore Rs.65 crore Rs.501 crore Rs.205 crore Bengaluru Projects 26% Life Republic 43% Mumbai Projects 61% Life Republic 71% KPE Constructions 18% Strategic Bengaluru Bengaluru Projects Monetization 16
Slide 21: KPDL Project Portfolio – 30.09.21
KPDL Project Portfolio – 30.09.21 Gross Details Gross Details (including partner’s share) (including partner’s share) Ongoing & Under Ongoing & Under Projects KPDL Share Land Bank Projects KPDL Share Land Bank Unsold Approval Unsold Approval Jazz II (Opula) 100% 0.00 - - Jai Vijay 100% 0.01 - - Atri
Slide 22: Business Outlook
Business Outlook Sector consolidation Diversifying geographical Efficient capital deployment First round of consolidation resulted from presence Continue to evaluate strategic and financial implementation of RERA and GST benefiting 10 society redevelopment projects in Mumbai - partnerships tha
Slide 23: Small to mid sized journey completed. Mid to large sized journey begins
Small to mid sized journey completed. Mid to large sized journey begins Leading real estate Amongst India’s top five brand in Pune real estate players Double our sales while ~35% sales value from maintaining profitability Mumbai and Bengaluru Grow our Pune Growing property presence and leadership de
Slide 24: Awards and Recognitions
Awards and Recognitions KPDL RECEIVED 60+ AWARDS IN THE LAST FIVE YEARS KPDL Awards Project Awards Trusted Brand of the Year, Times Realty, 2021-22 Residential High Rise Architecture India- 2021, Asia Pacific Top Developer of the year, Times Real Estate Icons , 2020-21 Property Awards (IPA), 2020-21
Slide 25: About Kolte-Patil Developers Ltd.
About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a For further information, leading real estate company with dominant presence in the Pune residential market, and growing presence in Mumbai and Bengaluru. Kolte-Patil is a tr
Slide 26: Thank You
THANK YOU