Sunteck Realty Limited · NSE:SUNTECK
Sunteck Realty — Q2 FY2020 Earnings Presentation
36 slides from Sunteck Realty's earnings presentation, Nov 14, 2019
Slide 1: Exchange filing cover letter
Sunteck Realty Ltd. Sunteck� SRL/SE/45/19-20 Date: 14th November, 2019 The Manager, Listing Department The Secretary, Listing Department, National Stock Exchange oflndia Ltd Department of Corporate Services Exchange Plaza, BSE Limited Plot no. C/1, G Block, Phiroze Jeejeebhoy Tower, Bandra-Kurla Com
Slide 2: Results Presentation 2nd Quarter, FY2020
Sunteck b Results Presentation 2nd Quarter, FY2020 NSE: SUNTECK | BSE: 512179 | Bloomberg: SRIN: IN | Reuters: SUNT.NS / SUNT.BO
Slide 3: Disclaimer
Sunteck~) DISCLAIMER By attending the meeting where this presentation is made and any additional material is provided (“Presentation”) or by reading the Presentation, you (“Recipient”), agree to be bound by the following limitations. This Presentation has been prepared on the basis of the estimates
Slide 4: Agenda
Sunteck~) AGENDA 1. Company Overview 2. Operational Highlights 3. Financial Highlights 4. Annexures 3
Slide 5: Company Overview
Company Overview Sunteck~) COMPANY OVERVIEW ..igni,, ltgh "',_. . , ~ • One of the fastest growing Mumbai- ·- SunteckWorld based premium real estate development company Sunteckl ·) .,......... • Focused on a city-centric development portfolio of ~31 million sq. ft. spread Sunteck t""'"" across 26 pr
Slide 6: Key Strengths
Company Overview Sunteck~) KEY STRENGTHS • Efficient RoE Model in capital intensive MMR Asset Light Strategy • JV / JDA Model preferred Balance Sheet Strength • Optimal leverage and cost of borrowing Balance Research Sheet based Strength Acquisition • Fiscal discipline through prudent cash flow mana
Slide 7: Sunteck Brand Portfolio
Company Overview Sunteck)) SUNTECK BRAND PORTFOLIO - - - - - RESIDENTIAL - - - COMMERCIAL - - - ~ nia Sunteck Uber Luxury Residences Ultra Luxury Residences Commercial & Reta il Sunteck ity Sunteck ~rld Premium Luxury Residences Aspirational Luxury Residences 6
Slide 8: Awards and Recognitions
Company Overview Sunteck~) AWARDS AND RECOGNITIONS Project Awards Corporate Awards • Sunteck WestWorld • Most Trusted Brand of the Year 2019 Zee Business National Real Estate Leadership ET NOW Real Estate Awards Award for Affordable Housing Project of the Year • Developer of the year 2018 2019 Realt
Slide 9: Shareholding Pattern
Company Overview Sunteck SHAREHOLDING PATTERN Domestic / Other Other Public Shareholders Institutional Investors 3.45% 2.69% Foreign Institutional Promoter and Promoter Investors (FIIs) Group 26.71% 67.15% Note: No shares held by the Promoter and Promoter Group have been pledged 8
Slide 10: Key Business Updates
Operational Highlights Sunteck~) KEY BUSINESS UPDATES § Steady collections as a function of continuous progress across all ongoing projects § Collections of Rs 375 cr in H1 FY 2020 & Rs 185 cr in Q2 FY 2020 § Terrace slab casting achieved for various towers at Sunteck WestWorld in less than 12 month
Slide 11: Opportunity to Expand Luxury Presence in Andheri West
Operational Highlights OPPORTUNITY TO EXPAND LUXURY PRESENCE IN ANDHERI Sunteck~l WEST • Acquisition under our asset-light strategy of partnership model in Lokhandwala, Andheri West – a mature micro- market for high-end residential developments • Mixed-used development of 1.1 mn Sq. Ft. of saleable
Slide 12: Robust Operational and Financial Performance
Operational Highlights Robust Operational and Financial Performance Operational Data Q2FY20 Q1FY20 QoQ % Q2FY19 YoY % H1FY20 H1FY19 YoY % Pre-sales (new bookings) 1,016 1,858 (45%) 4,210* (76%) 2,874 6,027* (52%) Collections 1,854 1,892 (2%) 1,405 32% 3,746 3,015 24% All figures are in Rs. Million *
Slide 13: Operational Performance – Q2 FY2020
Operational Highlights Sunteck~) Operational Performance – Q2 FY2020 Q2 FY20 Performance S.No. Project Name Sales Collections Area Sold Units Sold Rs Mn Rs Mn Lac Sq.Ft. Nos. 1 BKC Projects 378 223 0.08 1 2 Sunteck City Avenue 1 and 2, ODC 240 859 0.17 12 3 Sunteck WestWorld, Phase 1, Naigaon 196 54
Slide 14: P&L (Consolidated)
Financial Highlights Sunteck~) P&L (CONSOLIDATED) Particulars Q2FY20 Q1FY20 QoQ % Q2FY19 YoY % H1FY20 H1FY19 YoY% Revenue from Operations 1,348 1,746 (23%) 1,803 (25%) 3,093 3,914 (21%) EBITDA 414 609 (32%) 780 (47%) 1,023 1,896 (46%) Operating Margin 31% 35% 43% 33% 48% Net Profit 302 363 (17%) 547
Slide 15: Balance Sheet (Consolidated)
Financial Highlights Sunteck~) BALANCE SHEET (CONSOLIDATED) Liabilities H1 FY 20 FY 19 Assets H1 FY 20 FY 19 Shareholders Funds 28,724 28,337 Trade Receivables 3,655 3,135 Minority Interest 953 910 Inventories 26,558 26,321 Secured Loans 6,762 5,857 Loans & Advances 1,207 610 Unsecured Loans 618 489
Slide 16: Amongst the Strongest Balance Sheet
Financial Highlights Sunteck~) AMONGST THE STRONGEST BALANCE SHEET Particulars H1 FY 20 FY 19 Secured Debt 6,762 5,857 Cash & Bank Balance 1,265 1,479 Net Secured Debt 5,497 4,378 Unsecured Debt 619 489 Net Debt 6,116 4,867 Net Worth 28,724 28,337 Net Debt / Equity 0.21 0.17 All figures are in Rs. M
Slide 17: Cash Flow Statement
Financial Highlights Sunteck~) CASH FLOW STATEMENT Particulars H1 FY 20 Net Cash Flow used in Operating Activities (239) Net Cash Flow generated from Investing Activities (588) Net Cash Flow (used in)/ generated from Financing Activities 658 Cash and Cash equivalents at the beginning of the Year 911
Slide 18: Stock Performance – Last 9 Months
Company Overview STOCK PERFORMANCE – LAST 9 MONTHS BSE Realty Sunteck 150 140 130 120 110 100 90 Jan Feb Mar Apr May Jun Jul Aug Sep 9 MONTHS RETURNS 17% 7.60% BSE:512179 (SUNTECK) BSE REALTY INDEX Note: The information in this page contains publically available data taken from BSE website as on 1st
Slide 19: Corporate Social Responsibility – Spreading Smiles
Sunteck)) CORPORATE SOCIAL RESPONSIBILITY – SPREADING SMILES #I 11guherweca11 A little lime for a <;unlN'k r.o,rlh"llly 1f"lv1tPS you 10 vohu teN If) lhfl ~~n , e,-'d lf"'J Sn" 1IM' n1t•~t,ve whel'+l ~ou cit1n d1<;tt1buie 9ood,e b\.1qs to the underp, v,l~ 1Pd sct-oo crolclrcn who nf'cd you, ovsh ot
Slide 20: Corporate Social Responsibility – Go Green Initiative
Sunteck~l CORPORATE SOCIAL RESPONSIBILITY – GO GREEN INITIATIVE Sunteck Sunteck Tree Plantation Drive 2019 Sunteck ON AN ~VE8~G~ Sunteck 3 BILLION UNliliS OF. P-OWER IS EvtfY ,,.. 1'1al 11 ..,,.tel 11 1r11npo11>ota n d ~ ~h to our NIJ,e gtn..ati..,. W 1111n Gq<C1M 10 conu""'i..,11'- uwv...,,.., .. ,
Slide 21: Signia Project
Annexures Sunteck)) Completed Projects Under Construction Projects ignat ~r~D by Sunteck Realty
Slide 22: Project showcase
Annexures Sunteck~l Completed Projects Under Construction Projects sles by Sunteck Realty
Slide 23: Signia project
Annexures Sunteck~) Completed Projects Under Construction Projects • • 1gn1a by Sunteck Realty
Slide 24: Sunteck~)
Annexures Sunteck~) Completed Projects Under Construction Projects -- -_,.,. _,.-.1 __ • n1 ns
Slide 25: Sunteck ~
Annexures I Sunteck ~ Completed Projects Under Construction Projects _ ,.. ":, 1... -.~ - .•.·, -, "" ,t'I , .'· ··•·• , , . --.
Slide 26: Signia High
Annexures Completed Projects Under Construction Projects • ____.. . 1gnia igh
Slide 27: Commercial Projects
Annexures Sunteck~l Completed Projects Under Construction Projects SUNTECK KANAKA CORPORATE PARK, GOA COMMERCIAL PROJECTS SUNTECK CENTRE, VILE PARLE SUNTECK GRANDEUR, ANDHERI
Slide 28: Sunteck WestWorld, Naigaon
Annexures Sunteck~l Completed Projects Under Construction Projects West SunteckW~rld NAIGAON
Slide 29: SunteckCity Avenue 1
Annexures Sunteck~l Completed Projects Under Construction Projects SunteckCity OSHIWARA DISTRICT CENTRE, GOREGAON (W) AVENUE 1
Slide 30: SunteckCity Avenue 2
Annexures Completed Projects Under Construction Projects SunteckCity OSHIWARA DISTRICT CENTRE, GOREGAON (W) AVENUE 2
Slide 31: Signia Waterfront, Airoli
Annexures I Sunteck ~ Completed Projects Under Construction Projects ignia aterfront Airoli
Slide 32: Gilbird, Andheri
Annexures I Sunteck ~ Completed Projects Under Construction Projects Gilbird Andheri 0N)
Slide 33: Sunteck CON, BKC Junction
Annexures Sunteck~) Completed Projects Under Construction Projects Sunteck CON BKC JUNCTION, MUMBAI
Slide 34: SunteckBKC51, BKC Junction
Annexures I Sunteck ~ Completed Projects Under Construction Projects SunteckBKC51 BKC JUNCTION, MUMBAI
Slide 35: Sunteck CREST, Andheri
Annexures Completed Projects Under Construction Projects SunteckCREST ANDHERI KURLA ROAD ANDHERI (E)
Slide 36: Thank You!
Sunteck~) Thank You! Corporate Office 5th Floor, Sunteck Centre, 37-40 Subhash Road, Vile Parle (East), Mumbai – 400057 Tel: +91-22-42877800 Email: ir@sunteckindia.com 35