Godrej Properties Limited · NSE:GODREJPROP
Godrej Properties — Q1 FY2011 Earnings Presentation
17 slides from Godrej Properties's earnings presentation, Nov 23, 2010
Slide 1: Quarterly Results Presentation, Quarter 1, Financial Year 2011
QUARTERLY RESULTS PRESENTATION QUARTER 1, FINANCIAL YEAR 2011
Slide 2: Disclaimer
DISCLAIMER “Some of the statements in this communication may be 'forward looking statements' within the meaning of applicable laws and regulations. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company's operatio
Slide 3: Contents
CONTENTS Highlights Financial performance Projects information Company outlook Annexure
Slide 4: Highlights
HIGHLIGHTS
Slide 5: Highlights
HIGHLIGHTS GPL entered NCR with a residential joint development project in Gurgaon • Signed a development agreement for a 9-acre plot with 1.04 million sq. ft. developable area and 70% (average) revenue share to GPL. • GPL extends its presence to 11 cities across India in line with its strategy of b
Slide 6: Financial Performance
FINANCIAL PERFORMANCE Q1 FY 2011
Slide 7: Financial Statements – P&L
FINANCIAL STATEMENTS – P&L INR Million Q1 Q1 Particulars % change FY 2011 FY 2010 Sales & operating income 412.1 175.3 135.0% Other income 322.5 13.2 2,348.2% Total Income 734.6 188.5 289.7% EBIDTA 335.7 71.2 371.2% Profit before tax 321.6 45.9 600.9% Profit after tax 230.3 30.4 657.9% - Minority In
Slide 8: Performance Analysis: Key Ratios
PERFORMANCE ANALYSIS Key ratios Ratio As on 30-June-10 As on 30-June-09 ROCE Annualized (Avg. CE) 10.1% 3.1% ROE Annualized (Avg. Equity) 15.8% 4.2% Gross Debt (in Rs million) 7,100.6 7,457.8 Net Debt / Equity 0.6 2.5 Comments • Net Debt stands at Rs 4,972.4 million 8 I Godrej Properties I Results P
Slide 9: Performance Analysis
PERFORMANCE ANALYSIS Marked growth in total Income for the quarter • Q1 FY11 total income was Rs. 734.6 million as compared to Rs. 188.5 million in Q1 FY 2010 Second part of the private equity deal with HDFC PMS worth Rs 300 million in the SPV developing our project in Chennai contributed to perform
Slide 10: Projects
PROJECTS
Slide 11: National Presence
NATIONAL PRESENCE City Est. Total Dev Area (mn sq ft) Ahmedabad 40.43 Pune 12.31 Chandigarh NCR Hyderabad 9.60 Kolkata 6.21 Mumbai 3.21 Ahmedabad Chennai 3.23 Kolkata Mumbai Pune Kochi 2.52 Hyderabad Bengaluru 1.87 Mangalore 0.83 Mangalore Bangalore Chandigarh 0.68 Chennai Kochi NCR 1.04 Total 81.92
Slide 12: Company Outlook
COMPANY OUTLOOK
Slide 13: Company Outlook
COMPANY OUTLOOK Focus on competitive advantage and execution • GPL continues to strengthen its competitive advantage in executing the joint development model in existing and new markets. • GPL remains focused on execution of current projects. Project Launches • GPL is scheduled to launch projects in
Slide 14: Thank You for Your Time and Consideration
THANK YOU FOR YOUR TIME AND CONSIDERATION. For further information, please contact: Rajendra Khetawat / Karan Bolaria Anoop Poojari / Parveen Goyal Godrej Properties Limited Citigate Dewe Rogerson Tel: +91 22 6651 0200 Tel: +91 22 4007 5006 / 5031 Fax: +91 22 2207 2044 Fax: +91 22 2284 4561 Email: r
Slide 15: Annexure
ANNEXURE
Slide 16: A. Residential Projects
A. RESIDENTIAL PROJECTS Name Location Project type Est. Saleable Share structure Current Status Area (mn sq ft) Apartment/ Villas Phase 1 – all construction Godrej Garden City Ahmedabad 26.28 Area Sharing - 67.6% / Row Houses approvals received Apartment/ Villas Share in SPV - 10%; DM Pune Township
Slide 17: B. Commercial Projects
B. COMMERCIAL PROJECTS Est. Saleable Name Location Project type Share structure Current Status Area (mn sq ft) Apartment/ Villas Godrej Garden City Ahmedabad 14.15 Area Sharing - 67.6% Pre development planning / Row Houses Commercial office space, Own. 51% Share in SPV Infrastructure and Godrej Prak