Prozone Realty Ltd · NSE:PROZONER
Prozone Realty — Prozone Intu Properties — Q4 FY2021 Earnings Presentation
29 slides from Prozone Realty's earnings presentation, Jun 22, 2021
Slide 1: Stock exchange filing cover letter
prozone intu Dated: 22nd June 2021 To, National Stock Exchange of India Limited BSE Limited Exchange 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-Q4 FY 2020-2
Slide 2: Upward And Forward: Q4 FY21 Results Update Presentation
Upward Q4 FY21 RESULTS UPDATE PRESENTATION And Forward Jun 2021 PROZONE INTU PROPERTIES LIMITED 0
Slide 3: Table of Contents
TABLE OF CONTENTS 01 Executive Summary 02 Quarterly Business Update 03 Financial Results 04 Asset Snapshot 05 Annexure 1
Slide 4: Executive Summary
EXECUTIVE SUMMARY Successfully monetized Jaipur & Mysore land parcel in Q4 FY21. Gradual recovery of business seen in both the malls, two new stores are under fitout in Aurangabad and four new stores are under fitout in Coimbatore Mall in Q4 FY21. Retailer sales have gone up by 9% in Aurangaba
Slide 5: Quarterly Business Update
QUARTERLY BUSINESS UPDATE 3
Slide 6: Continuing of Safety Measures Post Lockdown
CONTINUTING OF SAFETY MEASURES POST LOCKDOWN Sanitisation & Deep Cleaning across the mall Regular & Frequent Touch- Free Sanitization of common touch points across the mall 4
Slide 7: Continuing of Safety Measures Post Lockdown
CONTINUTING OF SAFETY MEASURES POST LOCKDOWN Social Distancing across the mall interiors & exteriors 5
Slide 8: Financial Results: Consolidated Income Statement
FINANCIAL RESULTS: CONSOLIDATED INCOME STATEMENT Rs. Mn. Q4 FY21# Q4 FY20 YoY Q3 FY21# FY21# FY20 YoY Revenue from Real Estate Projects 0.5 0.0 0.0 5.0 Lease Rental & Related Income 269.3 177.2 52.0% 145.6 448.6 845.4 -46.9% Total Income from operations 269.3 177.7 51.6% 145.6 448.6 850.4 -47.2% Oth
Slide 9: Asset Snapshot
prozone intu@ ASSET SNAPSHOT
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 Q4 FY21 Total Operational Area (lakh sq.ft.) 5.07 Total Leased Area (lakh sq.ft.) 5.09 Current Leasing Status 75% Number of Stores Leased 96 Number of Stores Under fitout 2 New LOI Signed 0 Q4 FY21 Q3 FY21 Q4 FY20 QoQ YoY Occupancy Retailer Sa
Slide 12: Brand Partners at Aurangabad Mall
BRAND PARTNERS AT AURANGABAD MALL 10
Slide 13: Events at Aurangabad Mall
EVENTS AT AURANGABAD MALL Republic Day Decor Republic Day Decor Polio Booth Women's Parking launch on Women Day 11
Slide 14: Financial Snapshot - Coimbatore Mall
FINANCIAL SNAPSHOT - COIMBATORE MALL Key Operating Parameters Q4 FY21 Total Operational Area (lakh sq.ft.) 4.46 Total Leased Area (lakh sq.ft.) 4.50 Current Leasing Status 91% Number of Stores Operational 101 Number of Stores Under fitout 4 New LOI Signed 0 Q4 FY21 Q3 FY21 Q4 FY20 QoQ YoY Occupancy
Slide 15: Brand Partners at Coimbatore Mall
BRAND PARTNERS AT COIMBATORE MALL 13
Slide 16: Events at Coimbatore Mall
EVENTS AT COIMBATORE MALL Republic Day Decor Radio Mirchi Event Women’s Day Event Road Trip Event 14
Slide 17: Coimbatore Residential Project Update
COIMBATORE RESIDENTIAL PROJECT UPDATE In Q4, about 35 units have been sold, however, 21 cancellations on account of pandemic resulted in net sales of 14 units worth Rs 10.77 cr. As of the end of the quarter, a total of 151 units have been sold aggregating to 1,76,200 sq ft. Gross value of the
Slide 18: Project Update - Coimbatore - Residential
PROJECT UPDATE - COIMBATORE - RESIDENTIAL ______________________________ Coimbatore Residential (CGI) Actual • ~1.9 m sqft of residential ______________________________ • 7 towers of 18 floors comprising 1,152 apartments ______________________________ • 3 towers of 18 floors comprising 540 apartment
Slide 19: 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 20: Nagpur Residential
NAGPUR RESIDENTIAL Actual Actual Actual 18
Slide 21: Project Update - Indore Residential
PROJECT UPDATE - INDORE RESIDENTIAL ____________________________________ • 1.9m city population • Prominent business and industrial Indore township design (CGI) centre in Madhya Pradesh ____________________________________ • 43.5acres comprising residential township with 5 acres for commercial to be
Slide 22: 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 23: Thank You
THANK YOU Email: investorservice@prozoneintu.com Website: www.prozoneintu.com 21
Slide 24: Annexure
prozone intu BW 22
Slide 25: 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 26: 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 27: 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 28: Our Board of Directors
OUR BOARD OF DIRECTORS Nikhil Chaturvedi Punit Goenka Deepa Harris Founder and Managing Director, Mr. Goenka, Director of Essel Group, is (Independent Director) Nikhil is a visionary and hands-on CEO of Zee Entertainment Enterprises Ms. Deepa Misra Harris is Founder & leader, who inspires the Limite
Slide 29: Shareholding Update
SHAREHOLDING UPDATE Shareholding in % – March 2021 31.19% 29.87% 6.56% 32.38% Promoters Intu Properties FII Others Key Investors Holding (%) ACACIA Partners 1.5% Radhakishan Damani 1.3% Rakesh Jhunjhunwala 2.1% Aditya Chandak 1.8% Source: BSE 27
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