INVESTOR PRESENT A TION RESULTS FOR THE YEAR ENDED 31 st MARCH - PowerPoint PPT Presentation

INVESTOR PRESENT A TION RESULTS FOR THE YEAR ENDED 31 st MARCH 2019 Picture shot atlocation 1

Picture shot atlocation 2 2 INDEX Key Business About Annexures 3 4 1 2 Highlights Segments Prestige Group Residential Ongoing Projects Scale Operational Highlights Office Business Model UpcomingProjects Retail/Malls Financial Highlights Credentials Hospitality Exit rental breakup Board & Management Property Management Shareholding 2 Prestige Group | Presentation | March 2019

3 Total Presales at ₹ 13726 mn (PY ₹ 12433 mn) Up by 10% yoy Q4FY19 Prestige Share ₹ 11222 mn Picture shot atlocation Operational Highlights Total Sales volume at 2.43 mn sft (PY 1.79 mn sft) Up by 36% yoy Prestige Share 2.08 mnsft Annuity income at ₹ 1958mn Up by 25% yoy (PY ₹ 1570 mn) Total Collections at Up by 18% yoy 0.42 mn sft 3.47 mn sft ₹ 12442 mn (PY ₹ 10516 mn) Prestige Share ₹ 9906 mn Leased Launched Picture shot at location 3

Total Presales at ₹ 45571 mn (PY ₹ 33137mn) Up by 38% yoy 4 Prestige Share ₹ 36201 mn FY19 Operational Total Sales volume at 7.09 mn sft (PY 4.84 mn sft) Up by 46% yoy Prestige Share 5.74 mn sft Highlights 24 mn sft delivered across segments up by 203% yoy (PY 7.96 mn sft) Annuity income at ₹ 7487mn Up by 21% yoy (PY ₹ 6194 mn) 1.77 mn sft 6.63 mn sft Total Collections at ₹ 44085 mn Up by 3% yoy (PY ₹ 42684mn) Prestige Share ₹ Picture shot at location Leased Launched 35277 mn 4 Picture shot atlocation

5 Revenue Q4FY19 ₹ 19943 mn Picture shot atlocation Financial EBITDA Highlights ₹ 5029 mn EBITDA% 25 % PAT ₹ 1419 mn PAT % 7 % 5 Picture shot at location

Revenue 6 FY19 ₹ 52841 mn Picture shot atlocation Financial EBITDA Highlights ₹ 15660 mn EBITDA% 30 % PAT ₹ 4408 mn PAT % 8 % Picture shot at location 6

7 Value in ₹ m n Guidance vsAchieved Volumeinmns f t Pre Sales Completions Leasing ₹ 45571 24.10 1.77 Guidance Guidance Guidance 35,000 –40,000 10 to12 2 mnsft 130% 118% 241% 103% 89% 66% Collections Exit Rentals Launch ₹ 44085 ₹ 8255 6.63 Guidance Guidance Guidance 37,500 – 40,000 8,000- 8,250 10 mnsft 7 Prestige Group | Presentation | March 2019

8 Value in ₹ m n Guidance vsAchieved Volumeinmns f t Turnover ₹ 52841 Guidance 35,000 –40,000 151% 1.75 Debt/Equity(Consol) 1.3x Guidance 8 Prestige Group | Presentation | March 2019

FY 19 9 24 mn sft Completion 17 Projects completed , 10, 000 Homes delivered Picture Shot at Location Project Name Area Project Name Area 1Cessna Business Park Block 9 0.67 10Prestige Mysore Central 0.11 2Prestige Logistic Centre 0.38 11Prestige Kingfisher Towers 1.15 3Prestige Ivy Terraces 0.64 12Prestige Royale Gardens 2.77 4Prestige Sunrise Park 3.33 13Prestige Spencer Heights 0.11 5Prestige Augusta Golf Village 1.36 14Prestige Ivy League 0.97 6Prestige Westwoods 1.34 15Prestige Central Street 0.19 7TMS Square 0.29 16Cessna Business Park Block 11 0.70 8Prestige Lakeside Habitat 8.90 17Forum Shantiniketan Mall 1.08 9Prestige Saleh Ahmed 0.10 Total 24.09 9 Volumein mn s f t Prestige Group | Presentation | March 2019

Presales 10 7 Growth T rendyoy Completions CAGR 36% Growth T rend yoy CAGR 38% 45,571 33,137 24.10 24,585 12.74 7.96 SALES FY17 FY18 FY19 COMPLETIONS FY17 FY18 FY19 Areas are in Mn Sft 10 Values are in Mn ₹ Prestige Group | Presentation | March 2019

11 3.47 mn sft | Q4F19 Launches Prestige Prestige Prestige Nirvana Prestige Alpha Tech Cosmopolitan Metropolitan 1.79 Mn Sft 1.18 Mn Sft 0.11 Mn Sft 0.39 Mn Sft Hyderabad Pune Chennai Chennai P l o t t e d C o m m e r c i a l C o m m e r c i a l C o m m e r c i a l D e v e l o p m e n t 11

Leasing GrowthT rend 12 9 yoy CAGR 19% Annuity Income Growth T rend yoy CAGR 17% 1.77 1.26 1.38 7,487 6,194 COMPLETIONS 5,429 FY17 FY18 FY19 ANNUITY Areas are in Mn Sft FY17 FY18 FY19 Values are in Mn ₹ 12 Prestige Group | Presentation | March 2019

13 10% Debt Profile Debt moved up from 71945 mn by 11,830 mn (yoy) 16% DER at 1.75x 44% As of Q4F19, Net Debt stood at ₹ 75,817 mn Notes, During Q1FY19 IND AS 115 has become (Gross debt at ₹ 83,775 applicable for the group, this has resulted in 32% mn) and Networth at ₹ recognition of revenues from real estate activities 43,386 mn.) on completion basis and has reversed revenue to the extent of ₹ 74,656 Mn with consequential reduction in retained earnings as at the said date by ₹10,119 mn. In addition, during Q1FY19 the company has Project debt - Resi. & Comm. completed acquisition of CapitaLand’s stake in various 3% Office Capex SPVs for the consideration of ₹ 3420 Mn. This stake 1% 10% acquisition has further resulted in increase in the Retail Capex overall debt by ₹ 2844 Mn due to consolidation. Hospitality Capex Rental Securitisation Loans Receivables Discounting loans Prestige Group | Presentation | March 2019

₹ 6313 mn ₹ 3286 mn ₹ 9599 mn* 14 Yielding Yielding Exit RentalIncome Office Retail Portfolio Portfolio Office + Malls Hospitality Revenue ₹ 3318 mn GOP ₹ 1327 Mn Details Annexed *Excludes Operating Hospitality income of Rs 3318 mn , GOP of40% Pictures shot atlocation 14

Picture shot atlocation 15 2 INDEX Key Business About Annexures 3 4 1 2 Highlights Segments Prestige Group Residential Office Ongoing Projects Scale Operational Highlights Retail/Malls Business Model UpcomingProjects Hospitality Financial Highlights Credentials Property Management Exit rental breakup Board & Management Shareholding 15 Prestige Group | Presentation | March 2019

16 ₹ 9077mn Retail Rentals Yielding: Rs 4343 Mn Business Pipeline : Rs 4734 Mn Segment ₹ 12100 mn CF Summary * ₹ 17555mn Revenue, Property Office Rentals Management Yielding: Rs 7232 Mn Pipeline: Rs 10323Mn Yielding: Rs 5826Mn Pipeline : Rs 6274Mn ₹ 4239mn ₹ 132487 mn 29 mn sft Hospitality FCF from Revenue Land Bank Dev. Co Yielding: Rs 3670Mn Potential Pipeline : Rs 569Mn 16 *Estimates

FCFfromUnderconstructionProjects 17 Particulars Area in Mn Sft ₹ Mn % Total Developable Area 71.69 Stock Car Park Area 19.25 Total Saleable Area 52.44 PG area share 40.43 Estimated Value 2,67,869 Sold 31.79 2,00,287 79 Category Area Value Collections 1,59,525 Premium & Luxury 1.08 11,577 Balance to collect 40,762 Projects Stock 8.65 67,583 21 Mid 3.92 26,308 Recovery from Land Owner - Income Projects Refundable Deposit 4,394 Free Cash flow to spend-A 1,12,738 Commercial 0.15 978 Projects Cost of Development 1,76,253 Completed 3.49 28,721 Incurred as of Q4F19 1,31,770 Projects Balance to incur -B 44,483 Total 8.65 67,583 Net Cash flow (A-B) 68,255 17 Prestige Group | Presentation | March 2019

18 FCFfromUnderPlanningProjects * Particulars Area in Mn Sft ₹ Mn Total DevelopableArea 44.60 Car ParkArea 11.51 Total Saleable Area 33.09 PG areashare 27.28 Estimated Value-A 1,59,282 Cost of Development 1,07,115 Incurred as ofQ4F19 9,172 Balance to spend-B 97,943 RD Paid-C 2,893 Net Cash flow (A-B+C) 64,232 18 Prestige Group | Presentation | March 2019 *Estimates

22 mnsft 19 Office Portfolio * ₹17,555 mn Annuity Rentals Snapshot UNDER Value in ₹ Mn, Arean in mnsft OPERATING CONSTRUCTION UPCOMING TOTAL GLA 10.25 4.45 7.04 21.75 EconomicInterest 8.92 3.06 5.39 17.37 Rentals p.a. ₹ 7,232 4,429 5,894 17,555 Economic Interest₹ 5,917 2,809 4,550 13,276 19 Prestige Group | Presentation | March 2019 Picture shot atlocation *Estimates

20 17 Malls 8.5 mnsf Retail ₹9077 mn P ortfolio * Annuity Rentals Snapshot Value in ₹ Million OPERATING ONGOING UPCOMING TOTAL GLA 4.31 1.69 2.53 8.52 EconomicInterest 2.98 0.70 1.92 5.60 Rentals p.a.₹ 4,343 2,419 2,315 9,077 Economic Interest₹ 2,771 989 1,718 5,479 20 Prestige Group | Presentation | March 2019 Picture shot atlocation *Estimates

21 1559 Keys Hospitality ₹4239 mn Portfolio * Revenue Snapshot UNDER Value in ₹ CONSTRUCTION TOTAL Million OPERATING TotalKeys 1,262 297 1,559 EconomicInterest 1,123 297 1,420 Total Revenue p.a.₹ 3,670 569 4,239 Economic Interest₹ 3,318 569 3,887 21 Prestige Group | Presentation | March 2019 Picture shot atlocation *Estimates

₹12100mn 22 Revenue from Property Management Portfolio * 107 mnsft Potential Area Snapshot Value in Rs Mn Revenue EBITDA Operating 5,826 1,052 Under Construction 2,663 479 Under Planning 3,611 650 Total 12100 2181 22 Prestige Group | Presentation | March 2019 Picture shot atlocation *Estimates

Picture shot atlocation 23 21 INDEX Key Business About Annexures 3 4 1 2 Highlights Segments Prestige Group Residential Scale Ongoing Projects Operational Highlights Office Business Model UpcomingProjects Retail/Malls Financial Highlights Hospitality Credentials Exit rental breakup Property Management Board & Management Shareholding 23 Prestige Group | Presentation | March 2019

24 32 Years of Trust Shot at location 24 Prestige Group | Presentation | March 2019 Picture shot atlocation

112 Mnsft 25 Delivered 231 Projects Delivered 25 Prestige Group | Presentation | December 2018 shot atlocation