Mahindra Lifespace Developers Limited · NSE:MAHLIFE
Mahindra Lifespace Developers — Q4 FY2021 Earnings Presentation
34 slides from Mahindra Lifespace Developers's earnings presentation, May 12, 2021
Slide 1: Transforming Urban Landscapes - Exchange Intimation
TRANSFORMING URBAN LANDSCAPES FOR mahlndra LIFESPACES 2 YEARS Date: 12th May, 2021 To, BSE Limited National Stock Exchange of India Limited Corporate Services, Exchange Plaza , Piroze Jeejeebhoy Towers, Sandra Kurla Complex, Dalal Street, Mumbai - 400 001 Sandra (East), Mumbai 400051 Listing: Listin
Slide 2: Corporate Presentation Q4 FY2021
LIFESPACES Corporate Presentation Q4 FY2021
Slide 3: Disclaimer
This presentation and the accompanying slides ("Presentation"), have been prepared by “Mahindra Lifespace Developers Limited” ("Company"), solely for purposes of information and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form t
Slide 4: MLDL Overview
1 MLDL Overview 1 2 MLDL Residential 3 MLDL IC & IC 4 MLDL Financials 5 MLDL Leadership 3
Slide 5: Investor Presentation Q4 FY2021
Investor Presentation Q4 FY2021 4
Slide 6: Land transactions concluded and key metrics
land transactions concluded having development potential of msft. Sales Volume Launches Sales Volume Launches Sales Value Completions Sales Value Completions Collections Handovers Collections Handovers Investor Presentation Q4 FY2021 5
Slide 7: Investor Presentation Q4 FY2021
Investor Presentation Q4 FY2021 6
Slide 8: Journey and milestones
Entry Merger MWC Jaipur SCM JV Sumitomo JV Financial Origins Chennai 100+ clients MWC Launch Happinest TERI Partnership Partnership Launch Chennai Launch Rights Issue Origins Launch Origins Launch Ahmedabad development IFC Partnership Mahindra Group MRIDL and Launch of seco
Slide 9: Investor Presentation Q4 FY2021
Investor Presentation Q4 FY2021 8
Slide 10: Sustainability recognitions
1st position for MWC Chennai is India’s first Zero waste-water MWC Jaipur received C40 2nd position in Corporate Sustainability Performance certified zero waste to landfill city discharge at all facilities Stage 2 Certification Social Responsibility Investor Presentation Q4 FY2021 9
Slide 11: MLDL Residential
2 MLDL Residential 1 MLDL Overview 2 3 MLDL IC & IC 4 MLDL Financials 5 MLDL Leadership 10
Slide 12: Residential projects
1 2 3 Happinest Vicino, Lakewoods, Bloomdale, Happinest Happinest Luminare, Palghar - Mumbai Chennai Nagpur Avadi Palghar I NCR Commercial (Under (Under (Actual (Actual (Actual (Actual (Actual Construction) Construction) Image) Image) Image) Image) Image) Investor Presentation Q4 FY2021 11
Slide 13: Sales value, saleable area, launches, completions
Sales Value (Rs cr) Saleable Area (msft) 1.69 1023 1.31 1.16 695 1.07 670 611 0.9 536 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Launches (msft) Completions (msft) 1.84 1.55 1.17 0.97 0.94 1.07 0.93 0.58 0.68 0.39 FY17 FY18 FY19 FY20 FY21 FY17 FY18 FY19 FY20 FY21 Note: All figures correspond
Slide 14: Project sales FY21
Vicino, MMR Alcove, MMR # Happinest Palghar, MMR Happinest Tathawade, Pune # Project under Joint Development (JD) & includes JD partner share. * 692 units registered with RERA, of which 440 units have been launched for sale. All sales figures correspond to Annual FY21 Investor Presentation Q4 FY2021
Slide 15: Ongoing projects: mid-premium and affordable housing
Mid-Premium Housing (Lifespaces) Location Project Name Salesable Area (msft) Area Sold (msft) Roots 0.14 0.10 Vicino 0.18 0.07 MMR Alcove # 0.15 0.04 Serenes 0.06 0.00 Pune Centralis 0.34 0.34 Nagpur Bloomdale 0.55 0.42 NCR Luminare # 0.41 0.17 Aqualily 0.16 0.00 Chennai Lakewoods 0.28 0.22 TOTAL 2.
Slide 16: Forthcoming projects and land inventory
Subsequent Phases of Existing Projects New Projects Estimated Saleable Area Estimated Saleable Area Location Project Name Location Project Name (msft) (msft) Vicino 0.09 MMR New Project (Kalyan) 1.09 Alcove # 0.24 MMR Bengaluru New Project (Kanakpura) 0.79 Serenes 0.09 Happinest Palghar 2 0.18 Chenn
Slide 17: Completed projects balance units
Location Project Name Company Balance units to sell Happinest Boisar MLDL 94 MMR Happinest Palghar 1 MHDL 34 Bengaluru Windchimes MHPL 8 Chennai Aqualily Apts MRDL 2 TOTAL 138 Happinest Boisar Happinest Palghar I Windchimes Aqualily Apts Note: All figures correspond to MLDL and associates, including
Slide 18: Estimated cash flows
Estimated Cash Flows (Rs. cr) Sold Units of Ongoing Projects Value (Rs. Cr) Future Sales of Ongoing Projects Value (Rs. Cr) Future Phases of Ongoing Projects Value (Rs. Cr) Sales Completed 1648 Estimated Sales ^ 1158 Estimated Sales ^ 1738 Less: Amount Collected 655 Less: Estimated Construction Cost
Slide 19: Digital and technology platforms
nPulse • Project Life Cycle Management SFDC (Integrated with SFDC & SAP) • Lead and Customer Management • Budget Management • Demands & Collections • Schedule Management • Customer Communication • Resource Planning • Customer Connect & Feedback • Quality (MLIFE Mobile App, Menu based Chatbots) • Rep
Slide 20: MLDL IC & IC
3 MLDL IC & IC 1 MLDL Overview 2 MLDL Residential 3 4 MLDL Financials 5 MLDL Leadership 19
Slide 21: Integrated Cities and Industrial Clusters
Integrated Cities Industrial Clusters EXISTING ECOSYSTEM OF CO-LOCATED RESIDENTIAL SPACES PARTNERSHIP WITH GOVERNMENT BUSINESS SUPPORT SERVICES MARQUEE CUSTOMERS WITH SOCIAL INFRASTRUCTURE PLUG ‘N’ PLAY INFRASTRUCTURE SUSTAINABLE AND SMART ACCESS TO SKILLED WORKFORCE HASSLE FREE TRANSACTION Investor
Slide 22: Marquee customers and campuses
1 2 3 4 Infosys Campus, Chennai BMW, Chennai Mahindra Research Valley, Chennai Metlife, Jaipur DTA Zone, Jaipur Infosys Circle, Jaipur Investor Presentation Q4 FY2021 * Golden Harvest Warehousing LLP, Gurbani Ventures LLP, Laxmi Ideal Interiors and Advanced Technology Consulting Service Pvt. Ltd. 21
Slide 23: Leased area and average price per acre
Leased Area (Acres) Leasable Area: 1145 acres 74.3 Balance Inventory in MWCDL 70.3 66.8 61.6 46.2 44 1120 68 25 31 24.5 23.3 28.8 237 7.5 17.6 24.1 25 1.2 2.2 FY17 FY18 FY19 FY20* FY21* MWC, Chennai Origins Phase II Leased Unsold Chennai Jaipur Total Outside MWC Boundary Average Price Per Acre (Rs c
Slide 24: Exports, park O&M and direct employment
Exports (Rs. cr) Park O&M, Chennai (Rs cr) 1552 1745 1311 24 23.3 23.3 1245 18.6 2234 17.7 16.4 10202 11428 12683 12871 8303 FY17 FY18 FY19 FY20 FY21 FY19 FY20 FY21 Chennai Jaipur Income Expenses Direct Employment (In `000) Park O&M & eVolve, Jaipur (Rs cr) 39.5 39.5 40 40 44.4 38 42.7 40 14.4 17.2
Slide 25: Covid-19 response and customer confidence
Ensuring quicker Prevented labor Ensuring employee Improved Customer business resumption migration safety & well-being Confidence amid Covid-19 • Sanitized operations and • Formation of Task Force • Thermal Scanning & • MWC Chennai: nil / minimum commute to monitor labor Vehicle disinfectant 1. FY 2
Slide 26: Location advantages of Chennai and Ahmedabad
In proximity to Ponneri – GOI’s 100 smart city Ponneri Stn 5 KM Ahmedabad Airport 77 KM Distance from Nearest Port: Pipava 233 KM Kandla 280 KM Mundra 335 KM Limdi Stn 30 KM Ahmedabad Stn 77 KM Chennai City 35 KM Chennai Airport 70 KM Distance from Nearest Ports: Located on High Growth Located on NH
Slide 27: Origins Chennai and Ahmedabad update
In Q4 FY21 : ORIGINS Chennai leased 15.4 acres to 5 customers. USUI Susira International Pvt. Ltd., Track Design India Pvt. Ltd., INTJR Precision Technology Pvt. Ltd., Autogrip Machinery India Pvt. Ltd. and Masano Seiki Pvt. Ltd. ORIGINS Chennai ORIGINS Ahmedabad 289 340 209 221 53 Acres Acres Gross
Slide 28: MLDL Financials
4 MLDL Financials 1 MLDL Overview 2 MLDL IC & IC 3 MLDL Residential 4 5 MLDL Leadership 27
Slide 29: MLDL Consolidated Results
MLDL Consolidated Results (Rs. Cr) (As per IND AS) Q4 FY21 Q3 FY21 Q4 FY20 Income from Operations 56.0 65.2 101.4 Other Income 2.1 5.0 9.4 Total Income 58.1 70.2 110.8 Profit/ (Loss) Before Tax & Share in Net Profit / (Loss) of Associates -38.5 -18.3 -179.8 Share in Net Profit / (Loss) of Associates
Slide 30: MLDL Leadership
5 MLDL Leadership 1 MLDL Overview 2 MLDL IC & IC 3 MLDL Residential 4 MLDL Financials 5 29
Slide 31: Leadership team
Non-Executive Chairman Arun Nanda Managing Director & Chief Executive Officer Arvind Subramanian Chief Legal Officer Chief Financial Officer Chief People Officer Chief Strategy Officer Chief Marketing Officer Parveen Mahtani Vimal Agarwal Krity Sharma Viral Oza Nidhi Seksaria Chief Design Officer Ch
Slide 32: Board of directors
Mr Arun Nanda Mr Arvind Subramanian Dr Anish Shah (Chairman) (MD & CEO) (Non Executive, Non Independent Director) Holds degree in Law, FCA & FCS B.Tech, from IIT, Madras and MBA from IIM, Ph.D. - Carnegie Mellon’s Tepper Business Chairman of Mahindra Holidays & Resorts Ahmedabad School, Mast
Slide 33: Investor Relations Contact
Investor Relations Contact Mr. Sumit Kasat Ms. Ruchika Jain Sr. General Manager – Finance & Investor Relations Manager – Investor Relations & Business Analytics Phone : +91-22-67478645 Phone : +91-22-67478693 Email: kasat.sumit@mahindra.com Email: jain.ruchika@mahindra.com Mahindra Lifespace Develop
Slide 34: Classification of projects
Classification of projects is as under: a. Completed: projects where b. Ongoing: projects where (i) all c. Forthcoming: projects in respect of d. Land inventory: land in which any construction has been title or development rights, or which (i) all title or development rights of the Company/subsidiar
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