Puravankara Limited

7%

2,81,600 75,350 67,800 Units launched in 2024 Units sold in Q4 2024 Units launched in Q4 2024 7% Q-o-Q growth in housing unit sales in Q4 2024 Data source – CBRE Market monitor Year represents c

22.2 million

leasing activity in the October-December quarter of 2024, with a record quarterly space take-up of 22.2 million sq. ft. This robust performance led to an all-time high absorption of 79 million sq. ft. in 2024.

79 million

pace take-up of 22.2 million sq. ft. This robust performance led to an all-time high absorption of 79 million sq. ft. in 2024. 79.0 mn sq.ft. 52.3 mn sq.ft. Absorption in 2024 Supply in 2024 22.2 mn sq.ft

10%

in 2024 Supply in 2024 22.2 mn sq.ft. Absorption in Q4 2024 16.1 mn sq.ft. Supply in Q4 2024 10% Y-o-Y jump in office leasing in Q4 2024; 8% Q-o-Q increase in absorption 16% Growth in office spa

8%

rption in Q4 2024 16.1 mn sq.ft. Supply in Q4 2024 10% Y-o-Y jump in office leasing in Q4 2024; 8% Q-o-Q increase in absorption 16% Growth in office space take-up in 2024 on a Y-o-Y basis; 15% Q-o

16%

Supply in Q4 2024 10% Y-o-Y jump in office leasing in Q4 2024; 8% Q-o-Q increase in absorption 16% Growth in office space take-up in 2024 on a Y-o-Y basis; 15% Q-o-Q jump in supply addition in Q4 2

15%

24; 8% Q-o-Q increase in absorption 16% Growth in office space take-up in 2024 on a Y-o-Y basis; 15% Q-o-Q jump in supply addition in Q4 2024 66% Total share of Mumbai, Hyderabad, and Bengaluru in of

66%

th in office space take-up in 2024 on a Y-o-Y basis; 15% Q-o-Q jump in supply addition in Q4 2024 66% Total share of Mumbai, Hyderabad, and Bengaluru in office leasing in Q4 2024 73% Cumulative share

73%

tion in Q4 2024 66% Total share of Mumbai, Hyderabad, and Bengaluru in office leasing in Q4 2024 73% Cumulative share of Bengaluru, Mumbai, Hyderabad, and Delhi- NCR in leasing activity in 2024 67% C

67%

73% Cumulative share of Bengaluru, Mumbai, Hyderabad, and Delhi- NCR in leasing activity in 2024 67% Cumulative share of Bengaluru, Hyderabad, and Pune in development completions in 2024 69% Combine

69%

n 2024 67% Cumulative share of Bengaluru, Hyderabad, and Pune in development completions in 2024 69% Combined share of Hyderabad, Bengaluru, and Pune in supply addition in Q4 2024 Technology sector

INR 322 crore

ommercial, premium affordable housing and plotted development. • Investment from IFC, IFC EAF of INR 322 crores for affordable housing development in India • Investment from HDFC Capital for INR 1,150 crores

“We expect these efforts will significantly expand our land bank in the coming quarters.”

“Investor Presentation Q3 FY25 Planned projects Sr.”

“Developable and Saleable Areas are tentative and is subject to approval from authorities Launch dates are subject to change & are in relation to financial year April - March All the projects are at different stages of approval and some of the projects will be launched in phases Estimated surplus from total new launches (excluding new phases) is approx.”

“INR 5,762 crore Investor Presentation Q3 FY25 19 Efficient capital management Investor Presentation Q3 FY25 20 Debt movement Debt/ sft of under construction area Net Debt Ongoing Projects (msft) Debt/ sft (Rs/ sft) Debt/ sft for Residential & Land Debt/ sft for commercial Total Dec-24 2824 26 1096 910 186 1096 *ongoing open for sale and includes commercial projects.”

“• While we invested over INR 1,200 crore in 9M FY25, our debt/sft for residential and land loans has decreased by 27% from INR 1,248 in Q4FY22 to INR 910 in Q3FY25.”

“• Our overall debt/sft has increased, primarily due to Capex towards commercial projects -the debt/sft for commercial has increased from Q4FY22 to Q3FY25 by INR 186/sft • Debt/sft also increased due to additional borrowing for business expansion, & deferment of project launches due to delayed approvals.”

“INR 1,236 crore in land during 9M FY25 (Added approx.”

“58 crores Investor Presentation Q3 FY25 21 Debt composition and repayment schedule Debt Composition Repayment Schedule as at 31 Dec 2024 INR Cr As at 30 Sep 2024 As at 31 Dec 2024 Increase/(decrease) Residential Land Capex towards Commercial development Total Gross Debt Less Cash and equivalent Net Debt* 2,190 878 301 3,369 939 2,430 2,192 889 479 3,560 736 2,824 2 11 178 191 -204 394 o Residential debt levels have remained largely unchanged.”

“INR 1,236 crores in 9M FY25 including acquisition of landowner ‘s share of INR 377 crore Investor Presentation Q3 FY25 More than 3 years 469 13% 3rd year repayment 818 23% Next 1 year repayment 1,071 30% 2nd year repayment 1,202 34% *Debt does not include NCD issued to HCARE Fund 3 of Rs.417 crores and Purva Excellence Fund of Rs.”

“While we have reported a loss of ₹99 crore for 9M FY25 under Ind AS 115, if our profit before tax were determined using the Percentage of Completion Method (POCM), for the nine months ended December 31, 2024, this figure would be positive.”

Note

2

Notes

1

Investor Relations Contact

1

Note

1. Includes JVs and other subsidiaries 36.14 6.54 2.78 2.74 2.40 0.14 0.79 0.00 51.53 33.86 14.51 3.16 44.74 28.39 13.25 3.10 51.53 17.61 6.13 0.00 3.12 2.06 1.43 2.73 0.00 33.08 15.01 13.43 4.64 29.46 12.90 12.45 4.11 33.08 14.66 0.00 0.00 2.88 1.07 5.13 2.04 4.00 29.78 23.50 4.61 1.68 27.23 22.08 3.88 1.28 14.31 44.09 32.27 6.13 0.00 6.00 3.13 6.56 4.77 4.00 62.86 38.50 18.04 6.32 56.69 34.98 16.33 5.38 14.31 77.17 Mumbai Pune Hyderabad Bangalore Mysore Chennai Goa Mangalore Kochi Investor Presentation Q3 FY25 Developable Area Land Assets 47.37% 29.78msft Ongoing 52.62% 33.08msft We are actively discussing multiple land acquisitions. We have signed many MOUs and paid advances. We expect these efforts will significantly expand our land bank in the coming quarters. 17 2. Group’s economic interest is estimated developer’s share after deducting economic interest of JD|JV partners 3. In Pune ongoing projects - The economic interest in Silversands is profit sharing but the Company is the d

Notes

1. 2. 3. 4. Developable and Saleable Areas are tentative and is subject to approval from authorities Launch dates are subject to change & are in relation to financial year April - March All the projects are at different stages of approval and some of the projects will be launched in phases Estimated surplus from total new launches (excluding new phases) is approx. INR 5,762 crore Investor Presentation Q3 FY25 19 Efficient capital management Investor Presentation Q3 FY25 20 Debt movement Debt/ sft of under construction area Net Debt Ongoing Projects (msft) Debt/ sft (Rs/ sft) Debt/ sft for Residential & Land Debt/ sft for commercial Total Dec-24 2824 26 1096 910 186 1096 *ongoing open for sale and includes commercial projects. 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 Dec 24 3369 191 3560 736 2824 11.73% 1785 1.58 Sep-24 2430 26 928 813 115 928 Sep 2

Note

1. 2. Balance cost to go is based on estimates and subject to review on periodic basis 3. 4. Contingencies provided for escalation in prices of cement, steel and other cost related to construction of properties The cost does not include sales & marketing cost and income tax. Investor Presentation Q3 FY25 29 Cashflow and debt management Particulars Group A - Ongoing (including not launched for sale) projects Balance customer collection Balance cost to go Surplus from ongoing (including not launched for sale) projects Group B - Projects which are in launch pipeline Unsold Inventory value Cost to complete Surplus from projects which are in launch pipeline Amount (in Rs crore) 15,674 9,066 6,608 14,257 8,495 5,762 A B C= A-B D E F=D-E Group C - Surplus from Commercial projects G 1,962 Total Surplus Gross debt* cash and cash equivalent Net Debt H=C+F+G 14,332 I J K = I-J 3,560 736 2,824 • • Net debt stands at INR 2,824 crore, well- supported by a projected surplus of ~INR 14,332 crore. Of t

Investor Relations Contact

Mr. Neeraj Gautam, Deputy CFO- Finance Email – neeraj.gautam@puravankara.com; Tel: +91-80-4343 9999 Asha D, Senior Manager - Corporate Finance & IR Email – asha.d@puravankara.com; Tel: +91-80-4343 9999 Mob:8861437884 Investor Presentation Q3 FY25 54