Nirlon Limited · BSE:NIRLON
Nirlon — Q2 FY25 / H1 FY25 Earnings Presentation
18 slides from Nirlon's earnings presentation, Nov 12, 2024
Slide 1: BSE filing cover letter: Earnings Presentation outcome of Board meeting
Nirlon Limited CIN:L17120MH1958PLC011045 Pahadi Village, off the Western Express Highway, Goregaon (East), Mumbai 400 063. Tele:+91 (022) 4028 1919/2685 2257/58/59, Fax: +91 (022) 4028 1940 E-mail id :[email protected], Website:www.nirlonltd.com November 12, 2024 The Secretary, BSE Limited, P.J. To
Slide 2: Earnings Presentation Nirlon Limited Q2/H1-FY25
she —_| EARNINGS PRESENTATION NIRLON LIMITED | Q2 /H1-FY25
Slide 3: Snapshot
Snapshot Key Strengths Focus on Sustainability NKP Characteristics Key Financials Present in the commercial / IT-ITES Environmentally Friendly Campus Occupier friendly design with Consistent and Sustainable License Fee real estate sector for 17 years typical ~80% efficiency Income Experienced manage
Slide 4: Company Overview
Company Overview Total Income (INR Mn) & EBITDA Margins (%) • Nirlon Limited was incorporated in 1958 and was a pioneer in the manufacturing of synthetic yarns and industrial rubber products in India. 5,756 6,074 • Since 2006, Nirlon has primarily been in the business of development and management o
Slide 5: Nirlon Knowledge Park – The Master Plan
Nirlon Knowledge Park – The Master Plan Conveniently located on Mumbai Metro Line-7 Station on the Western Mumbai's Western Express Express Highway, just Highway, one of Mumbai's main outside the campus arterial roads, NKP is an easy commute from the western and Phase – IV eastern suburbs of Mumbai.
Slide 6: Phase Wise Details & License Renewals
Phase Wise Details & License Renewals License Due for Renewals/Resets (Thousands Sq. ft.) as on 30th September 2024 Phases I II III IV V Total 1,000 900 873 Constructed Area 800 Of this, terms 1.29 0.38 0.55 0.76 1.78 4.77 (Mn Sq. Ft.) 700 agreed for relicensing 600 139k sqft 500 Chargeable Area 399
Slide 7: Q2/H1-FY25 Financial Overview
Q2/H1-FY25 Financial Overview
Slide 8: Operational Highlights
Operational Highlights Marketing Updates • Of the total approx. 449,000 sq.ft. occupied by Morgan Stanley, they have given notices to vacate approx. 195,000 sq.ft. • Of this, terms have been agreed for relicensing approx. 139,000 sq.ft. Additionally, the company continues to see consistent interest
Slide 9: Notes to Financials
Notes to Financials • Estimated CSR expense for FY25 of approx. Rs. 48.28 Mn., has been fully provisioned in Q1FY25, as per statutory requirements. Tax: • The rate of income tax applicable from the current year i.e. FY 2024-25 will be 34.94% as against 29.12% earlier, as the company’s turnover excee
Slide 10: Q2/H1-FY25 Financial Highlights
Q2/H1-FY25 Financial Highlights Q2-FY25 Financial Highlights: H1-FY25 Financial Highlights: INR 1,625 Mn INR 1,309 Mn 80.55% INR 3,204 Mn INR 2,526 Mn 78.84% Total Income EBITDA EBITDA Margin Total Income EBITDA EBITDA Margin INR 868 Mn INR 565 Mn 34.77% INR 1,647 Mn INR 1,063 Mn 33.18% PBT PAT PAT
Slide 11: Quarterly Financial Performance (Ind AS)
Quarterly Financial Performance (Ind AS) Particulars (INR Mn) Q2-FY25 Q1-FY25 Q-o-Q Q2-FY24 Y-o-Y License Fees 1,423 1,400 1.6% 1,330 7.0% Other Operating Income (CAM, etc.) 179 165 8.5% 164 9.1% Other Income 23 14 64.3% 12 91.7% Total Income 1,625 1,579 2.9% 1,506 7.9% Total Expenses 316 362 (12.7)
Slide 12: Half Yearly Financial Performance (IndAS)
Half Yearly Financial Performance (IndAS) Particulars (INR Mn) H1-FY25 H1-FY24 Y-o-Y License Fees 2,822 2,668 5.8% Other Operating Income (CAM, etc.) 345 309 11.7% Other Income 37 20 85.0% Total Income 3,204 2,997 6.9% Total Expenses 678 620 9.4% EBITDA 2,526 2,377 6.3% EBITDA Margins (%) 78.84% 79.
Slide 13: License Fees & Occupancy Rates
License Fees & Occupancy Rates 1800 23 12 12 10 14 1600 13 6 4 8 7 8 165 179 1400 140 184 146 164 177 198 135 INR Mn 110 116 1200 1000 4 4 9 4 8 10 7 800 98 98 100 104 115 105 110 1400 1423 600 1,260 1,266 1,291 1,297 1,297 1,337 1,260 1344 1336 400 700 700 697 827 656 646 684 200 0 Q1-FY21 Q2-FY21
Slide 14: Historical Financial Performance (Ind AS)
Historical Financial Performance (Ind AS) Particulars (INR Mn) FY22 FY23 FY24 H1-FY25 License Fees 3,416 5,151 5,348 2,822 Other Operating Income (CAM, etc.) 423 575 684 345 Other Income 28 30 42 37 Total Income 3,867 5,756 6,074 3,204 Total Expenses 865 1,146 1,260 678 EBITDA 3,002 4,610 4,814 2,52
Slide 15: Balance Sheet (Ind AS)
Balance Sheet (Ind AS) Particulars (INR Mn) FY23 FY24 H1-FY24 Particulars (INR Mn) FY23 FY24 H1-FY24 EQUITY 4,018 3,731 3,802 Non-Current Assets 20,614 20,480 20,070 a) Equity Share Capital 901 901 901 b) Other Equity 3,117 2,830 2,901 a) Property, Plant and Equipment 4 4 4 LIABILITIES b) Capital Wo
Slide 16: Key Financial Highlights
Key Financial Highlights Total Income (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT* (INR Mn) & PAT Margin (%) 5,756 6,074 4,610 4,814 2,056 3,867 3,002 1,579 3,204 2,526 1,108 33.85% 1,063 77.63% 80.09% 79.26% 78.84% 28.65% 33.18% 27.43% FY22 FY23 FY24 H1-FY25 FY22 FY23 FY24 H1-FY25 FY22 FY23 FY
Slide 17: Capital Market Data
Capital Market Data 1 Year Share Price Movement (up to 30th September, 2024) 15.00% Nirlon 10.00% 5.00% 0.00% -5.00% Oct-23 Nov-23 Dec-23 Jan-24 Feb-24 Mar-24 Apr-24 May-24 Jun-24 Jul-24 Aug-24 Sep-24 Price Data (As on 30th September, 2024) INR Shareholding Pattern (As on 30th September, 2024) Publi
Slide 18: Disclaimer
Disclaimer Nirlon Limited This presentation and the accompanying slides (the “Presentation”), which have been prepared by Nirlon Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any