I N V E S T O R P R E S E N T A T I O N | Q 1 F Y 1 7 1 PRESTIGE GROUP | Investor Presentation | JUNE 2016
INDEX. 1. ABOUT PRESTIGE 2. OPERATIONAL HIGHLIGHTS 3. FINANCIAL HIGHLIGHTS 4. PROJECT PORTFOLIO & UPDATE 5. RECEIVABLES PROFILE 6. AWARDS & RECOGNITIONS 7. PROJECT STATUS 8. GUIDANCE VS ACHIEVED 2 PRESTIGE GROUP | Investor Presentation | JUNE 2016
8.7 mn sft 36 199 GLA of Operational Rental portfolio (PG share) Upcoming 11.5 mn sft Completed projects Projects spanning spanning across 73.70 Mnsf of Developed Over 47.23 Mnsf of GLA Under area construction & developable area Planning (PG share) 42 mn sft ICRA A+, Over 28 Years 65 ICRA A1+ Potential Credit rating of Legacy Ongoing Projects development from CRISIL DA1 spanning Low cost land bank of rated Developer by Over 65.68 Mnsf of 424 acre CRISIL developable area A B O U T P R E S T I G E Diversified Cash Flows Strong from Various One of the Most Associations with Segments Trusted Developers Various Banks & by Land Owners and FIs Customers Excellence Across Sector- Spearheaded by Residential, Real Estate Icon, Mr. Strong Joint Iconic developments Commercial, Irfan Razack & his Venture -Forum Mall, Prestige Retail & brothers partners - Shantiniketan, UB Mr. Rezwan and Hospitality CapitaLand, City, Prestige Mr.Noaman Razack Golfshire etc etc 3
B U S I N E S S S E G M E N T S Integrated Plotted RESIDENTIAL Apartments Villas Townships Developments Built to suit COMMERCIAL Office Space SEZs IT Parks Campuses RETAIL Malls Logistics Serviced HOSPITALITY Resorts Hotels Food Courts Apartments Sub leasing & Interior Design Project & Construction Facilities & SERVICES fit out services & Execution Mgmt Services Property Mgmt 4 PRESTIGE GROUP | Investor Presentation | JUNE 2016
S C A L E O F O P E R A T I O N D e e p d e v e l o p m e n t p i p e l i n e t o t h e t u n e o f 1 5 4 m n s f t Areas are in Million Sqft PLOTTED RESIDENTIAL COMMERCIAL RETAIL HOSPITALITY TOTAL DEVELOPMENT PARTICULARS NOS. AREA NOS. AREA NOS. AREA NOS. AREA NOS. AREA NOS. AREA COMPLETED PROJECTS 79 30.96 100 29.15 6 4.81 6 1.37 8 7.42 199 73.70 ONGOING PROJECTS 50 55.61 6 4.97 6 3.04 3 2.07 0 0.00 65 65.68 UPCOMING PROJECTS* 23 30.31 11 15.14 2 1.78 0 0.00 0 0.00 36 47.23 LAND BANK* 41.53 TOTAL 152 116.87 117 49.25 14 9.62 9 3.44 8 7.42 300 228.14 *Estimated 5 PRESTIGE GROUP | Investor Presentation | JUNE 2016
S H A R E H O L D I N G P A T T E R N As on 30 th June 2016 70% 24% 5% 1% Promoters Retail FIIs Mutual Funds 6 PRESTIGE GROUP | Investor Presentation | JUNE 2016
B O A R D O F D I R E C T O R S Irfan Razack Rezwan Razack Noaman Razack Uzma Irfan Chairman & Managing Joint Managing Director Wholetime Director Director Director Dr. Pangal Ranganath Jagdeesh K. Reddy B.G. Koshy Noor Ahmed Jaffer Nayak Independent Independent Independent Independent Director Director Director Director 7 PRESTIGE GROUP | Investor Presentation | JUNE 2016
E X E C U T I V E M A N A G E M E N T Faiz Rezwan Zackria Hashim Zaid Sadiq Anjum Jung Executive Director- Executive Director- Land Executive Director- Executive Director- Interior Contracts & Projects Acquisition Liasion & Hospitality Design Nayeem Noor V. Gopal Zayd Noaman Omer Bin Jung Executive Director- Executive Director- Executive Director- CMD’s Executive Director- Government Relations Projects & Planning OFFICE Hospitality 8 PRESTIGE GROUP | Investor Presentation | JUNE 2016
E X E C U T I V E M A N A G E M E N T Ravinda Jain Suresh Singaravelu Swaroop Anish Executive Director- Executive Director- Retail, Executive Director- Business Contracts Hospitality & Business Development Expansion Arvind Pai Venkat K Narayan Executive Director- Legal Executive Director- Finance & CFO 9 PRESTIGE GROUP | Investor Presentation | JUNE 2016
INDEX. 1. ABOUT PRESTIGE 2. OPERATIONAL HIGHLIGHTS 3. FINANCIAL HIGHLIGHTS 4. PROJECT PORTFOLIO & UPDATE 5. RECEIVABLES PROFILE 6. AWARDS & RECOGNITIONS 7. PROJECT STATUS 8. GUIDANCE VS ACHIEVED 10 PRESTIGE GROUP | Investor Presentation | JUNE 2016
O P E R A T I O N A L H I G H L I G H T S Value in ₹ Million Volume in Mnsqft Particulars Q1FY17 Q1FY16 Q4FY16 FY16 New Sales value 6,369 6,112 12,411 31,498 New Sales Volume 1.02 0.92 1.93 5.01 Avg Realization/Sft 6,241 6,643 6,424 6,286 TOTAL Collections 11,790 10,373 10,380 39,513 Leasing Volume 0.15 0.26 0.40 1.32 Area Delivered 6.74 0.12 2.91 4.71 Area Launched 1.98 - 4.52 8.35 New Sales value 5,097 5,266 9,889 26,329 PRESTIGE SHARE New Sales Volume 0.82 0.80 1.53 4.26 Collections 10,034 8,445 8,624 32,800 Leasing Volume 0.04 0.08 0.17 0.45 Rental Income 1,312 990 1,261 4,468 11 PRESTIGE GROUP | Investor Presentation | JUNE 2016
B U S I N E S S P E R F O R M A N C E Q 1 L A U N C H / P R E - L A U N C H Developable Area Sl.No Launched Project Location Segment Economic Interest Prestige Share (Mnsf) (Mnsf) Prestige Lake ridge 1 (Phase 1) Bengaluru Residential 1.02 67% 0.68 2 Prestige Valley Crest Mangaluru Residential 0.96 70% 0.67 TOTAL 1.98 1.35 Q 1 C O M P L E T I O N S Developable Economic Prestige Share Sl.No Completed Project Location Segment Area (Mnsf) Interest (Mnsf) Prestige Tranquility 1 (B1-B8) Bangalore Residential 2.21 100% 2.21 Prestige Bellavista 2 (C1&C3) Chennai Residential 3.87 60% 2.32 3 Prestige Down Town Chennai Residential 0.23 100% 0.23 4 Prestige Casabella Bengaluru Residential 0.43 75% 0.32 TOTAL 6.74 5.08 12 PRESTIGE GROUP | Investor Presentation | JUNE 2016
S A L E S S U M M A R Y | P R E S T I G E S H A R E Areas are in Million Sqft Values are in Million ₹ Q1FY17 Q1FY16 Q4FY16 FY16 Particulars Area Units Value Area Units Value Area Units Value Area Units Value Residential Mid Income Segment 0.62 401 3,735 0.64 372 4,320 1.08 721 6,975 3.33 2,136 19,913 Premium Segment 0.06 17 481 0.06 17 701 0.14 54 1,105 0.45 170 3,980 TOTAL 0.68 418 4,216 0.70 389 5,021 1.22 775 8,080 3.78 2,306 23,893 Commercial 0.14 0 882 0.10 - 245 0.32 1,809 0.48 - 2,435 GRANDTOTAL 0.82 418 5,097 0.80 389 5266 1.53 775 9,889 4.26 2,306 26,328 Realisation per sft 6,241 6,582 6,443 6,188 NOTE − Substantial portion of above sales are yet to come for revenue recognition in the books of accounts since the projects have not reached the threshold limits of 25% completion (excluding land) − Overall unrecognized revenue in the books of accounts from all the projects as on 30/06/2016 (Sales made and yet to come for recognition) based on POC is approximately ₹ 69,869 mn − The above sales value and realization are excluding Stamp duty, Registration fee and Taxes. (These exclusions approximately aggregate to around 15% of the sales value). 13 PRESTIGE GROUP | Investor Presentation | JUNE 2016
INDEX. 1. ABOUT PRESTIGE 2. OPERATIONAL HIGHLIGHTS 3. FINANCIAL HIGHLIGHTS 4. PROJECT PORTFOLIO & UPDATE 5. RECEIVABLES PROFILE 6. AWARDS & RECOGNITIONS 7. PROJECT STATUS 8. GUIDANCE VS ACHIEVED 14 PRESTIGE GROUP | Investor Presentation | JUNE 2016
F I N A N C I A L H I G H L I G H T S | Q 1 F Y 1 7 | S T A N D A L O N E Values are in Million ₹ Particulars Q1FY17 Q1FY16 Turnover (Rs. Mn) 6,091 9,628 EBIDTA (Rs. Mn) 1,827 1,907 EBIDTA % 30% 20% PAT (Rs. Mn) 1,367 1,132 PAT % 22% 12% 15 PRESTIGE GROUP | Investor Presentation | JUNE 2016
S T A N D A L O N E | B A L A N C E S H E E T A S A T 3 0 t h J u n e 2 0 1 6 Values are in Million ₹ As at As at Particulars 30-Jun-16 30-Jun-15 I. EQUITY AND LIABILITIES (1) Shareholders’ funds (a) Share capital 3,750 3,750 (b) Reserves and surplus 39,041 34,937 42,791 38,687 (2) Non-current liabilities (a) Long-term borrowings 10,600 3,311 (b) Deferred tax liabilities (Net) 354 412 (c) Other Long-term liabilities 682 491 (d) Long-term provisions 88 64 11,724 4,278 (3) Current liabilities (a) Short-term borrowings 25,609 21,016 (b) Trade payables 10,520 4,297 (c) Other current liabilities 20,278 18,413 (d) Short-term provisions 316 755 56,041 44,481 Total 1,10,556 87,446 16 PRESTIGE GROUP | Investor Presentation | JUNE 2016
S T A N D A L O N E | B A L A N C E S H E E T A S A T 3 0 t h J u n e 2 0 1 6 Values are in Million ₹ As at As at Particulars 30-Jun-16 30-Jun-15 II. ASSETS (1) Non-current assets (a) Fixed assets (i)Tangible assets 6,242 5,722 (ii)Capital work-in-progress 4,097 2,986 10,339 8,708 (b) Non-current investments 11,476 10,699 (c) Deferred tax assets (Net) - - (c) Long-term loans and advances 28,377 15,081 (d) Other non-current assets 1,297 808 51,489 35,296 (2) Current assets (a) Current investments 650 2,014 (b) Inventories 21,328 12,713 (c) Trade receivables 22,665 21,785 (d) Cash and Bank balances 2,710 2,568 (e) Short-term loans and advances 11,278 12,674 (f) Other current assets 436 396 59,067 52,150 Total 1,10,556 87,446 17 PRESTIGE GROUP | Investor Presentation | JUNE 2016
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