Puravankara Limited

rs,

The General Manager, Listing Operations Department of Corporate Services BSE Limited P. J. Towers, Dalal Street, Fort, Mumbai- 400 001 The Manager, Listing Department, National Stock Exchange of

76 million

al, premium affordable housing and plotted development. • Partnership with IFC, IFC EAF for USD 76 million for affordable housing development in India • ICRA has maintained Puravankara Ltd.'s rating at

41.44%

ommercial projects 21,400 + Homes with Total Area of Over 29.17 msft Under Development Ongoing 41.44% 29.17msft 46 msft 81 projects delivered with over 45.91 msft of Completed Development 41 msf

58.57%

msft Land bank of over 41.23 msft, with Group’s economic interest of 32.62 msft Land Assets 58.57% 41.23msft Investor Presentation Q2 FY24 3 Company Overview Investor Presentation Q2 FY24 4

Rs 1200 crore

y owned subsidiary focused on technology enabled construction solutions • Order book of more than Rs 1200 crores • Undertakes Residential, Commercial, Infrastructure & Industrial Projects. • 20+ msft Complet

5%

residential sector Sales of 72,000 units launched in Q2- 2023 across the residential sector 5% increase in apartment sales in Q2 2023 on Q-o-Q; 6% increase on Y-o-Y basis r o t c e S l a i t

6%

d in Q2- 2023 across the residential sector 5% increase in apartment sales in Q2 2023 on Q-o-Q; 6% increase on Y-o-Y basis r o t c e S l a i t n e d i s e R Continued momentum in residential sec

17%

t c e S l a i t n e d i s e R Continued momentum in residential sector O f f i c e S e c t o r 17% Q-o-Q growth in leasing in Q2 2023; 33% increase Y-o-Y 60% Total share of Mumbai, Bangalore and

33%

momentum in residential sector O f f i c e S e c t o r 17% Q-o-Q growth in leasing in Q2 2023; 33% increase Y-o-Y 60% Total share of Mumbai, Bangalore and Hyderabad in space take-up in Q2 2023 6

60%

ntial sector O f f i c e S e c t o r 17% Q-o-Q growth in leasing in Q2 2023; 33% increase Y-o-Y 60% Total share of Mumbai, Bangalore and Hyderabad in space take-up in Q2 2023 61% Q-o-Q jump in sup

61%

% increase Y-o-Y 60% Total share of Mumbai, Bangalore and Hyderabad in space take-up in Q2 2023 61% Q-o-Q jump in supply in Q2 2023; 94% growth Y-o-Y Source: Market Monitor Investor Presentation Q

94%

umbai, Bangalore and Hyderabad in space take-up in Q2 2023 61% Q-o-Q jump in supply in Q2 2023; 94% growth Y-o-Y Source: Market Monitor Investor Presentation Q2 FY24 7 Key Business Highlights –

“However, the surplus from pipeline projects will be 3100 crores and hence total surplus will be 10,827 crores.”

“Looking ahead, as construction for these projects continues, we anticipate that the commercial debt will remain elevated in the upcoming quarters.”

“Debt does not include NCD/OCD worth INR 477 Cr, repayment of which is dependent on project specific surplus; and not as periodic or fixed obligation Investor Presentation Q2 FY24 33 Project Status Investor Presentation Q2 FY24 Provident Sunworth 34 Project Status – Completed Projects as on September 30, 2023 S.No.”

“Investor Presentation Q2 FY24 35 Project Status – Under Construction as on September 30, 2023 S.No.”

“Launched 1 new project ~ 1.13 msft in Q2FY24.”

“Consistent Increase in Revenue Revenue from projects grew by 54% YoY in Q2 FY24 Focus of execution & timely project completion Achieved highest ever collection from customers which indicates timely completion of projects.”

Note

2

Notes

1

Investor Relations Contact

1

Note

1. * Includes JVs and other subsidiaries in million sq. ft. Completed Ongoing Land Assets Total (A) (B) (A)+(B) 32.16 16.33 27.53 43.86 6.54 2.78 1.89 1.70 0.14 0.00 0.70 45.91 31.52 14.39 39.93 26.80 13.13 3.30 0.05 3.97 0.23 5.29 0.00 0.00 29.17 17.47 11.70 24.23 14.14 10.09 3.43 0.00 2.94 0.45 2.65 4.23 0.00 41.23 35.62 5.61 32.62 28.40 4.22 6.73 0.05 6.91 0.68 7.93 4.23 0.00 70.40 53.09 17.31 56.85 42.54 14.31 Investor Presentation Q2 FY24 18 2. Group’s economic interest is estimated developer’s share after reducing economic interest of JD|JV partners 3. In west India ongoing projects - The economic interest in Silversands is profit sharing but the Company is the development manager and hence disclosed at 100% Ongoing and New Launches Non-Bengaluru projects now account for 44% of the share of ongoing and 72% of launch pipeline Provident accounts for 50% of the launch pipeline; in line with the market trends and the Group‘s strategy Launch Pipeline Ongoing 8% 15% 18% 1% 28% 14% 0% 2

Notes

1. 2. 3. 4. 5. 6. Developable and Saleable Areas are tentative and is subject to approval from authorities Launch dates are subject to change Launch dates are in relation to financial year April - March All the projects are at different stages of approval Some of the projects will be launched in phases Estimated top line of over INR 7000Cr; and gross surplus of over 3100Cr (This does not include Amaiti 2, Clermont Tower B and Palmvista which is already included in projected cashflows of ongoing not open for sale ). Investor Presentation Q2 FY24 20 Update on Financials Investor Presentation Q2 FY24 21 Quarter Ended Particulars Income from operations Revenue from projects Other Income Total Income from operations Expenses Sub-contractor cost Cost of raw materials and components consumed Land purchase cost (increase)/decrease in inventories of stock of flats, land cost and work-in-progress Employee benefit expense Finance expense Depreciation and amortization expense Other expenses Total

Note

1. 2. Value of inventory has been arrived based on current selling rates 3. Balance cost to go is based on estimates and subject to review on periodic basis 4. 5. Contingencies provided for escalation in prices of cement, steel and other cost related to construction of properties The cost does not include sales & marketing & GST. Investor Presentation Q2 FY24 28 Update on Debt Investor Presentation Q2 FY24 29 Debt movement pattern in Rs. Cr Opening Balance Net Addition (Repayment) Debt Outstanding Less: Cash and Cash Equivalents Net debt Cost of Debt Net Worth Net Debt / Equity Ratio Q2FY24 2581 35 2616 624 1992 11.61% 1965 1.01 Weighted Average Cost of Debt & Net Debt / Equity Ratio 12.00% 0.90 % 0 3 1 1 . 11.50% 11.00% 10.50% 10.00% 9.50% 9.00% 8.50% 8.00% 7.50% 0.89 % 1 5 0 1 . 0.90 % 6 5 0 1 . 0.91 % 9 6 0 1 . Q1FY24 Q4FY23 Q3FY23 Q2FY23 Q1FY23 All numbers in INR Cr 2626 -45 2581 462 2119 11.51% 1976 1.07 1.10 % 2 0 1 1 . 2575 51 2626 418 2208 11.31% 1993 1.11 1.09 % 8 1 1 1 . 2525

Investor Relations Contact

Mr. Neeraj Gautam, President- Finance Email – neeraj.gautam@puravankara.com; Tel: +91-80-4343 9999 Ms. Asha D, Manager - Corporate Finance & Investors Relation Email – asha.d@puravankara.com; Tel: +91-80-4343 9999 Investor Presentation Q2 FY24 53