Puravankara Limited · NSE:PURVA
Puravankara — Q2 FY12 Earnings Presentation
20 slides from Puravankara's earnings presentation, September 2011
Slide 1: Results – 30 Sep 2011
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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 2
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 - Proposed Launches* 19.76 18.07 -Balance 96.68 70.17 116.44 88.24 Current (20 projects) 27.33 24.14 Total 143.77 112.38 *Approval and planning activity in progress • Future Developable area will be a mix
Slide 6: Shareholding Pattern – as at 30 Sep 2011
Shareholding Pattern – as at 30 Sep 2011 Notes Promoter Shares are unencumbered Prominent FII’s • HSBC Global Investment Funds A/C , • The Master Trust Bank Of Japan, Ltd. • College Retirement Equities Fund • HDFC Trustee Company Limited • LIC • Atyant Capital Management Ltd, • SBIMF – SBI One India
Slide 7: Land Portfolio
Land Portfolio Future Total Developable Area 116.44 143.76 Saleable Area 24.14 | 88.24 11238 Hyderabad Ongoing Future Developable Area - 4.64 Saleable Area 24 Bangalore Ongoing Future Developable Area Saleable Area Mangalore Ongoing Developable Area 2 Saleable Area Mysore Ongoing Future Developable
Slide 8: New Launches - Schedule
New Launches - Schedule Development Developable PPLShare _ Saleal ancmnerrn Expected Approval Tentative Model Area (Msft) inJD Area (Msft) date Completion date PURAVANKARA - RESIDENTIAL 1 Bengaluru Joint Development 1.24 59% 0.74 Detailed plan approval received Q3-FY12 qQi-Fy15 2 | Bengaluru | Joint
Slide 9: Sales – 30 Sep 2011
Sales – 30 Sep 2011 Based on Bookings Quarter ended Area Sold Units Sold Sale Value Sale Realization Sep-11 Sep-10 % Sep-11 Sep-10 % Sep-11 Sep-10 % Sep-11 Sep-10 % msft msft No.s No.s Rs.in million Rs.in million Rs.psft Rs.psft Puravankara 0.43 0.59 -27% 255 362 -30% 1,616 1,849 -13% 3,736 3,127 19
Slide 10: Sales – 30 Sep 2011 – (contd.)
Sales – 30 Sep 2011 – (contd.) As compared to the corresponding quarter ended 30 Sep 2010 • Sales Volume decreased by 43% • Sales Value decreased by 27% • Sales Realization increased by 27% As compared to the corresponding half year ended 30 Sep 2010 • Sales Volume increased by 2% • Sales Value incr
Slide 11: Current Project Status – 30 Sep 2011
Current Project Status – 30 Sep 2011 11
Slide 12: Current Project Status – 30 Sep 2011 – (contd.)
Current Project Status – 30 Sep 2011 – (contd.) 12
Slide 13: Audited Income Statement
Audited Income Statement Q2 FY12 Q2 FY11 FY11 Quarter ended Quarter ended Year ended Sept 2011 Sept 2010 March 2011 ` ` ` INCOME Revenues 1,97,98,42,118 1,54,24,45,570 5,99,20,89,285 Cost of revenues 1,30,42,97,415 1,00,33,83,024 4,02,80,22,109 GROSS PROFIT 67,55,44,703 34.12% 53,90,62,546 34.95% 1,
Slide 14: Audited Income Statement – (contd.)
Audited Income Statement – (contd.) H1 FY12 H1 FY10 FY 11 Half year ended Half year ended Year ended Sept 2011 Sept 2010 March 2010 ` ` ` INCOME Revenues 3,88,43,38,682 2,70,53,89,280 5,99,20,89,285 Cost of revenues 2,54,00,57,154 . 1,66,72,03,677 . 4,02,80,22,109 GROSS PROFIT 1,34,42,81,528 34.61%
Slide 15: Audited Income Statement – (contd.)
Audited Income Statement – (contd.) (Rs. million) Revenue Gross Profit % Profit After Tax % FY07 4,169 1,756 42% 1,291 31% FY08 5,658 2,539 45% 2,400 42% FY09 4,449 1,810 41% 1,444 32% FY10 4,784 2,035 43% 1,453 30% FY11 5,992 1,964 33% 1,181 20% Percentage at the top of the bar indicates sequential
Slide 16: Debt – 30 Sep 2011
Debt – 30 Sep 2011 Debt Movement Q2 - 2012 Q2 - 2011 2012 2011 ` Million ` Million ` Million ` Million Opening Balance 12,274 9,168 11,587 8,811 Additions during the period 1,428 1,518 3,978 3,235 Repayments during the period 1,255 942 3,117 2,303 Closing balance 12,447 9,744 12,447 9,744 Less: Cash
Slide 17: Key Financial Indicators
Key Financial Indicators Particulars FY12-Q2 FY12-Q1 FY11 FY11 - Q2 Total Income Rs. in Million 1,980 1,904 5,992 1,542 EBITDA from Operations Rs. in Million 464 506 1,430 461 Profit before Tax Rs. in Million 426 442 1,459 414 Profit after Tax Rs. in Million 265 311 1,179 357 EPS (basic & diluted) R
Slide 18: Execution Update
Execution Update Visit our website www.puravankara.com for progress update of the ongoing projects 18
Slide 19: 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 20: 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 20