SPREADING OUR WINGS ACROSS INDIA. 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 8 1 PRESTIGE GROUP | Presentation | June 2017
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
8.6 mn sft 35 210 GLA of Operational Rental portfolio (PG share) Upcoming 12.2 mn sft Completed projects Projects spanning spanning across 80Mnsf Over 48 Mnsf of GLA Under of Developed area construction & developable area Planning (PG share) 42 mn sft ICRA A+, Over 30 Years 53 ICRA A1+ Potential Credit rating of Legacy Ongoing Projects development from CRISIL DA1 spanning Low cost land bank of rated Developer by Over 54 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 PRESTIGE GROUP | Presentation | June 2017 4
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 4 3 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 90 36.96 100 29.15 6 4.81 6 1.37 8 7.42 210 79.70 Ongoing Projects 37 43.97 7 4.91 6 3.04 3 2.07 0 0.00 53 53.99 Upcoming Projects 23 30.31 10 15.70 2 1.78 0 0.00 0 0.00 35 47.79 Land Bank* 41.53 TOTAL 150 111.24 117 49.76 14 9.62 9 3.44 8 7.42 298 223.01 *Estimated 5
SPREADING OUR WINGS ACROSS INDIA. S H A R E H O L D I N G P A T T E R N As on 30 th June 2017 70% 26% 3% 1% Promoters Retail FIIs Mutual Funds 6 PRESTIGE GROUP | Presentation | June 2017
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
E X E C U T I V E M A N A G E M E N T Faiz Rezwan Zaid Sadiq Anjum Jung Zayd Noaman Executive Director- Executive Director- Executive Director- Interior Executive Director- CMD’s Contracts & Projects Liasion & Hospitality Design OFFICE Omer Bin Jung Nayeem Noor Zackria Hashim V. Gopal Executive Director- Executive Director- Executive Director- Land Executive Director- Hospitality Government Relations Acquisition Projects & Planning PRESTIGE GROUP | Presentation | June 2017 8
E X E C U T I V E M A N A G E M E N T Suresh Singaravelu Swaroop Anish Arvind Pai Executive Director- Retail, Executive Director- Business Executive Director- Legal Hospitality & Business Development Expansion Venkat K Narayan Lt. Col. Milan Khurana (Retd.) Executive Director- Executive Director – HR, IT & Finance & CFO Admin PRESTIGE GROUP | Presentation | June 2017 9
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
Value in ₹ Million O P E R A T I O N A L H I G H L I G H T S Volume in Mnsqft Particulars Q1FY18 Q1FY17 Q4FY17 FY17 New Sales value 5,952 6,369 6,354 24,585 New Sales Volume 0.92 1.02 0.90 3.82 Avg Realization/Sft 6,505 6,241 7,035 6,441 TOTAL Collections 12,260 11,790 11,544 41,232 Leasing Volume 0.11 0.15 0.77 1.26 Area Delivered 6.24 6.74 1.67 12.74 Area Launched - 1.98 - 1.98 New Sales value 4,510 5,097 5,249 19,799 PRESTIGE SHARE New Sales Volume 0.69 0.82 0.73 3.07 Collections 10,050 10,034 9,991 35,064 Leasing Volume 0.10 0.04 0.14 0.21 Rental Income 1,480 1,312 1,384 5,429 PRESTIGE GROUP | Presentation | June 2017 11
B U S I N E S S P E R F O R M A N C E Q 1 C O M P L E T I O N S Developable Economic Prestige Share Sl.No Project Completed Location Segment Area (Mnsf) Interest (Mnsf) 1 Prestige Misty Waters Bengaluru Residential 1.22 51% 0.62 2 Prestige Trade Tower Bengaluru Commercial 0.62 45% 0.28 3 Prestige Ferns Residency Bengaluru Residential 3.38 62% 2.10 4 Prestige Jade Pavilion Bengaluru Residential 0.72 52% 0.37 5 Prestige Brooklyn Heights Bengaluru Residential 0.30 62% 0.19 TOTAL 6.24 3.55 PRESTIGE GROUP | Presentation | June 2017 12
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 ₹ Particulars Q1FY18 Q4FY17 Q1FY17 Area Units Value Area Units Value Area Units Value Residential Mid Income Segment 0.46 298 2,721 0.57 347 3,716 0.62 401 3,735 Premium Segment 0.15 58 1,375 0.05 37 974 0.06 17 481 Total 0.61 356 4096 0.62 384 4,690 0.68 418 4,216 Commercial 0.08 415 0.11 559 0.14 882 Grand total 0.69 356 4510 0.73 384 5,249 0.82 418 5,097 Realisation Per Sft 6,564 7,150 6,241 NOTE − Partly 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) − 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). PRESTIGE GROUP | Presentation | June 2017 13
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
F I N A N C I A L H I G H L I G H T S | Q 1 F Y 1 8 | S T A N D A L O N E Values are in Million ₹ Particulars Q1FY18 Q1FY17 Q4FY17 Turnover (Rs. Mn) 6550 6167 5959 EBIDTA (Rs. Mn) 1248 1902 1254 EBIDTA % 19% 31% 21% PAT (Rs. Mn) 630 1371 551 PAT % 10% 22% 9% PRESTIGE GROUP | Presentation | June 2017 15
A C C O U N T A S O N 3 0 T H J U N E 2 0 1 7 S T A N D A L O N E | P & L Values are in Million ₹ Quarter ended Year ended Particulars 30-Jun-17 31-Mar-17 30-Jun-16 31-Mar-17 (I) Revenue from Operations 6,269 5,629 5,800 21,803 (II) Other Income 281 330 367 1,206 (III) Total Revenue - (I+II) 6,550 5,959 6,167 23,009 (IV) Expenses Cost of sales on projects 3,782 3,303 2,942 12,069 Property and Facilities operating expenses 616 613 608 2,417 Employee benefits expense 376 424 395 1,615 Finance costs 436 574 494 1,913 Depreciation and amortization expense 127 160 162 693 Other expenses 528 365 320 1,215 Total Expenses 5,865 5,439 4,921 19,922 (V) Profit before tax (III-IV) 685 520 1,246 3,087 (VI) Tax expense 55 (31) (125) (132) (VII) Profit (Loss) for the period 630 551 1,371 3,219 (VIII) Other Comprehensive loss/(Income) (2) 3 (1) (3) (IX) Total Comprehensive Income (VII-VIII) 628 554 1,370 3,216 (X) Exceptional items - 2,634 2,634 (IX) Total Comprehensive Income after exceptional items 628 3,188 1,370 5,850 PRESTIGE GROUP | Presentation | June 2017 16
S T A N D A L O N E | K E Y R A T I O S Values are in Million ₹ Quarter ended Sl. No. Particulars 30-Jun-17 31-Mar-17 30-Jun-16 Ratio/% Ratio/% Ratio/% (Unaudited) (Audited) (Unaudited) 1 Sale of Projects & Property Income 6,269 5,629 5,800 2 Other Income 281 330 367 3 Total Income 6,550 5,959 6,167 4 Cost of project sold and property expenses 4,398 3,916 3,550 5 Gross Margin 1,871 30% 1,713 30% 2,250 39% 6 Admin, Employee and Selling cost 904 789 715 7 EBIDTA 1,248 19% 1,254 21% 1,902 31% 8 Financial Expenses 436 574 494 9 Depreciation 127 160 162 10 Total Expenses 5,865 5,439 4,921 11 PBT 685 10% 520 9% 1,246 20% 12 Tax 55 (31) (125) 630 10% 551 9% 1,371 22% 13 PAT Other Comprehensive loss/(Income) 14 (2) 3 (1) 15 Total Comprehensive Income 628 10% 554 9% 1,370 22% 16 Exceptional items - 2,634 - 17 Profit after tax 628 3,188 1,370 16 EPS (Annualized) (In Rs) 6.70 34.01 14.62 17 Market Price per share 253.05 218.10 185.30 18 PE Ratio 38 6 13 19 Market Cap 94,894 81,788 69,488 PRESTIGE GROUP | Presentation | June 2017 17
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