Puravankara Limited
7,865words
4turns
0analyst exchanges
0executives
Key numbers — 40 extracted
rs,
64%
44%
18 million
9.7 million
5%
8%
26%
92%
45%
1%
INR 322
crore
Guidance — 18 items
Note
opening
“We expect these efforts will significantly expand our land bank in the coming quarters.”
Note
opening
“Investor Presentation Q4 FY25 Planned projects 71% 0% 27% 2% 45% 9% 33% 13% 100% 100% 17 Saleable area (msft) Inventory that will be opened at the time of launch Expected launch quarter Planned projects Sr.”
Notes
opening
“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 future cashflow potential from total new launches (excluding new phases) is approx.”
Notes
opening
“38 sft and opened for sale at the time of launch of 3.6 msft of inventory in FY25 Out of 3.6 msft, Bengaluru constitutes 31%, Chennai 23%, Mumbai 29% and Pune 17%.”
Notes
opening
“INR 1,248/sft • Our overall debt/sft has increased, primarily due to Capex towards commercial projects -the debt/sft for commercial has increased from Q4FY22 to Q4FY25 by INR 217/sft • Debt/sft also increased due to additional borrowing for business expansion, & deferment of project launches owing to delayed approvals.”
Notes
opening
“INR 1284 crore in land during FY25 (Added approx.”
Notes
opening
“o INR 88 Cr invested during the quarter in commercial projects; aiding asset creation with 2 msft expected to be completed in FY26.”
Notes
opening
“o We have done land investment of INR 1,284 crores in FY25 including acquisition of landowner ‘s share of INR 377 crore More than 3 years 384 10% Next 1 year repayment 1,049 29% 3rd year repayment 837 23% 2nd year repayment 1,410 38% *Debt does not include NCD issued to HCARE Fund 3 of Rs.417 crores and Purva Excellence Fund of Rs.”
Notes
opening
“• Operating inflows have grown by 10% year-on-year in FY25.”
Notes
opening
“However, the surplus from pipeline projects will be INR 5,574 crores and hence total surplus will be INR 15,949 crores.”
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Speaking time
2
1
1
Opening remarks
Note
1. Includes JVs and other subsidiaries 37.35 6.54 2.78 2.74 2.40 0.14 0.79 0.00 52.74 33.86 15.72 3.16 45.96 28.39 14.47 3.10 52.74 17.10 6.13 0.00 3.12 1.50 4.43 4.52 0.00 36.80 19.84 12.22 4.73 33.12 17.65 11.27 4.20 36.80 14.23 0.00 0.00 2.91 1.07 2.35 0.00 4.00 24.56 18.31 4.67 1.59 21.98 16.86 3.93 1.19 16.70 41.26 31.33 6.13 0.00 6.03 2.57 6.78 4.52 4.00 61.36 38.15 16.89 6.32 55.10 34.51 15.20 5.38 16.70 78.06 Mumbai Pune Hyderabad Bangalore Mysore Chennai Goa Mangalore Kochi Investor Presentation Q4 FY25 Developable Area Land Assets 40.03% 24.56msft Ongoing 59.97% 36.8msft 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. 16 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 de
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 future cashflow potential from total new launches (excluding new phases) is approx. INR 5,574 crore Investor Presentation Q4 FY25 0.48 0.63 0.58 0.25 0.29 0.77 0.26 0.44 0.03 0.06 0.54 4.34 0.41 0.42 0.83 0.21 0.21 5.38 3.86 9.25 Q3FY26 Q4FY26 Q3FY26 Q4FY26 Q3FY26 Q2FY26 Q2FY26 Q3FY26 Q3FY26 Q4FY26 Q3FY26 Q2FY26 Q1FY26 Q2FY26 18 Project Name New Project/Phase City Brand Developable Area Saleable Area Developable Area opened at the time of launch Bayscape New Project Chennai PHL Launches- FY25 SL.no 1 2 3 4 5 6 7 8 9 Launch Quarter Q2 FY25 Q2 FY25 Q2 FY25 Q2 FY25 Q2 FY25 Q3 FY25 Q4 FY25 Q4 FY25 Clermont Tower C New Phase Mumbai Palmvista (C2 & D1 & D2)) Silversand (building 1 Above 10th floo
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, corporate overheads, income tax and future repayment of debt. Investor Presentation Q4 FY25 29 Cashflow and debt management Particulars Group A - Ongoing (including not launched for sale) projects Balance customer collection 1 Balance cost to go 2 & 3 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 Group C - Surplus from Commercial projects Total Surplus Gross debt* cash and cash equivalent Net Debt Amount (in Rs crore) 21,107 12,602 8,505 13,141 7,567 5,574 1,870 A B C= A-B D E F=D-E G H=C+F+G 15,949 I J K = I-J 3,681 732 2,949 • • Net debt stands at INR 2,949 crore and is com
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 Q4 FY25 53
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