KOLTEPATIL

wi'. Creation, not construction To, To, The Assistant Manager, The General Manager, National Stock Exchange of India Limited BSE Limited, Listing Department, Corporate Relationsh ip Department, 'Exchang e Plaza' 1't Floor, Phiroze Jeejeebhoy Towers, , Bandra Kurla Complex, Bandra (East), Dalal Street, Mumbai - 400051 Mumbai - 400001 Date: 10 November 2022 Sub: Q2 FY23 Financial Results Presentation of Kolte-Patil Developers Limited Ref: NSE Symbol and Series: KOLTEPATIL and EQ BSE Code and Scrip Code: 9624 and 532924 Dear Sir/Madam, Pfease find enclosed herewith softcopy of "Q2 FY23 Financial Results Presentation" of the Company and the presentation also being posted on the company's website: www.koltepatil.com. This is for your information and record. Thanking you, For Kolte-Patil Developers Limited Vinod Patil Company Secretary and Compliance Officer Membership No. A13258 Encl: As above Eii{'riir KotrE-pATlt DEUEtopERs trD. Otl I Ll320oFfll99l P|It 2962t hG kd Ofr : Ztd Flool C,ity hiDt, Dfiolc Pfiil lod, hnc - 4ll ml, M.hara$f8. Indh Tel.r +91 20 6522 6500 Fu : +91 20 6622 6511 lugrlomOfr I l2l,Il. Eitde Builditu, l0dr froor, Didannn lmd, f.nfrloF.560U2 , lndia lf]l,t 8fr.46 4444 t22243135 t22242E03 t4bb r vivrw.koltepatil.com Kolte-Patil Developers Limited Q2 & H1 FY23 Results Presentation 1 Disclaimer Certain statements in this communication may be ‘forward looking statements’ within the meaning of applicable laws and regulations. These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. Important developments that could affect the Company’s operations includechangesin theindustrystructure,significantchanges inpoliticaland economic environmentin India andoverseas,taxlaws,import duties,litigationandlaborrelations. Kolte-Patil Developers Limited (KPDL) will not be in any way responsible for any action taken based on such statements and undertakes noobligationtopubliclyupdatetheseforward-lookingstatementstoreflectsubsequentevents orcircumstances Life Republic - Pune Verve - Mumbai Raaga - Bengaluru Note: All financial numbers in the presentation are on Completion Contract Method (CCM) 2 Table of Contents 01 KPDL – Power Of Discipline 06 Abridged Cash Flows 02 CEO’s Message 07 P&L Snapshot 03 Operational Highlights 08 Project Portfolio 04 Priority Launches 09 Outlook 05 Performance Highlights 10 About Kolte-Patil Developers Ltd. 3 Power Of Discipline – Deliver More With Less Asset-light Sustained Successive ROCE ~13% Among the Consistently growth market years of (4-year healthiest positive leadership debt average) sectorial operating reduction sales cash flows throughputs Sound Diversifying Stronger Collections Sales and Benchmark capital geographical sales trending marketing credit-rating allocation presence pipeline for higher cost next round efficiencies of growth 4 Kolte-Patil Developers: At a Glance Leading 3 Decades ~37 MSF Residential real estate player in of presence being incorporated Project portfolio -under Pune in1991 execution, approval, land bank and DMA (AwardedasMostReputedBrandinPune) > 23 MSF ~13% A+/Positive (ICRA) A+/Stable(CRISIL) of area delivered across Pune, Four year RoCE average – Strong Credit rating –One of the Bengaluruand Mumbai strongreturnsprofile highestintheindustry Diversifying Presence Shareholding NSE/BSE Listed Mumbai and Bengaluru Promoters:74.45% IPOinDec2007 contribution was 27% in Institutions:5.08% H1 FY23 (Sales Value) Others:20.47% 5 CEO’s Message Commenting on the performance for Q2 FY23 Mr. Rahul Talele, Group CEO, Kolte-Patil Developers Limited said: It is encouraging to observe the revival in the housing market across key geographies and demand segments. Residential sector performance continues to witnessongoingimprovementanddespitetheriseinmortgagerates,affordabilityofhomeownershipremainshigh. During the first half of the financial year, we delivered strong 20% growth in sales booking value of Rs. 812 crore; underlying sales volumes expanded by 9%. Importantly, realizations continued to improve during H1 FY23, up 10% y-o-y, driven by contribution from across projects. Strong execution capabilities demonstratedbyourteamsacrossprojectstranslatedintofirmcollectionsthatimprovedinH1by34%y-o-ytoRs.878crore;Q2collectionswerehigherby8% y-o-y.Ourbusinessdiversificationstrategyremainson-trackwithprojectsoutsidePunecontributing27%ofSalesValueduringH1FY23. Prudent investment and strategic partnerships enable us to deliver on our growth plans. In a recent development,KPDL undertook strategic land monetization for a portion of its project ‘Little Earth’ Kiwale, for ~Rs. 78 crore. As a part of this deal, KPDL will jointly develop ~0.65 mn sq. ft with Planet Smart City; third projectundertheplatformcreatedtodevelopsmartaspirationalhousingunits. In addition, to further our business development agenda, we have received an approval from the Board today for issuing redeemable Non-Convertible Debentures(“Debentures”)onaprivateplacementbasis,aggregatinguptoRs.206.50crore. While we see accelerating momentum on key operating aspects of the business in the second half of the year, Q2 has been slower due to some shifts in scheduledlaunchtimelinesthatarelikelytobeannouncedoverthenextfewweeksandthroughthecourseoftherestofthecurrentfinancialyear.Asindicated earlier, existing projects, our judicious business development initiatives and scheduled launches that have an aggregate topline potential of ~ Rs. 7,710 crore/developmentpotentialof ~11.25mn.sq.ft.areontrack. KPDL continues to benefit from the buoyant housing demand especially in the post RERA-led consolidation world attracting a greater share of customer engagement.Strongbrandrecall,best-in-classlivingspaceandstrongexecutioncapabilitiespositionuswellinourabilitytodrivegrowth,deliverontargetsand createlong-termvalue. 6 Operational Highlights – Q2 FY23 New area sales Q2FY23 Q1FY23 Q2FY22 QoQ YoY H1FY23 H1FY22 YoY Volume (million sq. ft.) 0.56 0.61 0.67 -9% -17% 1.17 1.07 9% Value (Rs. Crore) 367 445 429 -17% -14% 812 678 20% Realization (Rs./sq. ft.) 6,622 7,260 6,370 -9% 4% 6,960 6,312 10% Collections (Rs. Crore) 404 474 374 -15% 8% 878 653 34% • Improvementof20%inSalesValueduringH1FY23 − Marked improvement in Collections during H1 FY23 – Rs. 878 crore, comparedtoRs.653croreduringH1FY22,up34%YoY: − StrongimprovementinH1FY23overH1FY22,interms of both volumeandvalue − Strong focus on sales, registrations, construction and CRM has enabledstrongcollectionsonanongoingbasis − Sales Value of Rs.367 crore achieved during Q2 FY23 from ongoingprojects • Realizations continue to improve – up 10% YoY during H1 FY23, drivenbyimprovedrealizationsacrossprojectsales • Reported Mumbai Sales Value of Rs. 184 crore in H1 FY23, contributionfromNon-Puneprojectsof27%oftotalsalesvalue • In August 2022, KPDL acquired Pune based Sampada Realities Private Limited with the residential development − Strategic business diversification objectives being achieved potential of ~2.5 mn sq. ft. at Kiwale in Pune, representing a acrosscity/projectcontributions revenueopportunityof~Rs.1,400croreforthecompany • Sales Volumes increased to 1.17 million sq. ft. during H1 FY23 as comparedto1.07millionsq.ft.inH1FY22 • AsonSeptember30,2022NetDebt/Equityat0.26 7 Region-wise Sales – Q2 FY23 Total Area Sold Total Sales Value Total Collection 0.56 msf Rs. 367 Crore Rs. 404 Cr0re Total (Mumbai Projects) 0.04 msf Rs. 68 Crore Rs. 105Crore (7%) (18%) (26%) Total (Pune Projects) Maharashtra 0.49msf RS. 282 Crore RS. 270 Crore (88%) (77%) (67%) Karnataka Total (Bengaluru Projects) 0.03 msf RS. 17 Crore Rs. 29CRORE (5%) (5%) (7%) 8 Sales & Collections – Ongoing Projects – Q2 FY23 Area Sold Sales Value APR Collections Projects Location (msf.) (Rs. Crore.) (Rs./sft.) (Rs. Crore) Life Republic Hinjewadi 0.13 70 5,341 76 Universe(R10) ,LR Hinjewadi 0.10 54 5,437 37 Giga Platinum Viman nagar 0.02 21 8,825 22 Stargaze Bavdhan 0.05 29 6,442 27 Three Jewels Kondhwa 0.08 38 4,516 31 Ivy Estate Wagholi 0.04 24 5,439 29 Centria NIBM 0.00 2 5,280 13 Tuscan Kharadi - - - 2 Downtown Kharadi 0.02 11 7,973 2 DMA Wagholi/Baner 0.03 20 7,558 21 Crown Moshi - - - 2 Other Projects# 0.02 13 8,864 8 Total (Pune Projects) 0.49 282 5,803 270 Raaga HennurRoad 0.01 3 5,629 11 Exente HosurRoad 0.02 14 5,875 18 Total (Bengaluru Projects) 0.03 17 5,829 29 Jay-Vijay* Vile Parle (E) 0.00 4 21,203 3 Evara Borivali(W) 0.00 1 15,870 14 Verve Goregaon(W) 0.03 46 18,213 63 Vaayu Dahisar(W) 0.01 17 14,620 25 Total (Mumbai Projects) 0.04 68 17,303 105 Total (Pune + Bengaluru + Mumbai Projects) 0.56 367 6,622 404 #Other projects include Misty Moors and Pink City. Note:*Includes JP Morgan area 9 New Sales Analysis – Q2 FY23 And portfolio split msf. 0.35 0.56 0.85 0.40 0.67 0.86 0.78 0.61 0.56 % % % % % 0 %% 0 4 % 4 % 1 4 % % 4 1 4 % 6 1 9 2 3 % 7 1 % 8 % 1 2 1 39 2 % 4 1 % 5 % 7 1 % 2 2% 2 1 % 9 % 9 1 3% 3 2% 4 1 % 0 1 % 2 2 1 3 % 6 1 % 9 1 % 2 1 % 2 2 % 1 1 % 6 1 % 0 1 % 3 2 1 3 % 2 1 % 7 1 % 7 1 % 1 2 3 % 8 1 % 9 1 % 8 % 3 2 % 0 1 % 1 2 % 5 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 Affordable –Ivy estate, Three Jewels, Crown, Equa Township –Life Republic MIG –Western Avenue, Centria, Tuscan, Raaga, Exente, Mirabilis, GOV, Downtown 24K Luxury/Mumbai –Giga, Atria,Jai-Vijay, Evara, Grazio, Stargaze, Verve, Vaayu DMA Portfolio Split % % % % % % % % % 8 4 6 0 9 9 9 6 6 8 8 8 9 8 8 8 8 8 % % % % % % % % % 2 1 6 1 4 1 0 1 1 1 1 1 1 1 4 1 4 1 Q2 FY21 Q3 FY21 Q4 FY21 Q1 FY22 Q2 FY22 Q3 FY22 Q4 FY22 Q1 FY23 Q2 FY23 KPDL share Partner Share Note: Volume in million square feet is based on saleable area 10 Priority Launches Total Saleable Total Potential Phase I Saleable Phase I Potential Regions Projects Location Use Area (msf.) (In Crore) Area (msf) (In Crore) Baner Baner MixedUse 1.60 ~1,450Cr 0.90 ~800 Cr Kiwale Kiwale Residential 2.50 ~1,400Cr 0.80 ~450 Cr Pune Pimple Nilakh Pimple Nilakh Residential 0.80 ~800Cr 0.50 ~525Cr Tathawade Tathawade Residential 0.80 ~500 Cr 0.40 ~250 Cr (DMA) Pune Total 5.70 ~4,150 Cr 2.60 ~2,025 Cr R13 Hinjewadi Residential 1.80 ~1,090 Cr 0.90 ~550Cr Row houses Hinjewadi Residential 0.34 ~225 Cr 0.34 ~225 Cr R16 (Balance) Hinjewadi Residential 0.48 ~250Cr 0.48 ~250 Cr R1D Hinjewadi Residential 0.20 ~110 Cr 0.20 ~110 Cr LifeRepublic R20 Hinjewadi Residential 0.55 ~320 Cr 0.55 ~320 Cr R22 Hinjewadi Residential 1.40 ~800Cr 0.45 ~275 Cr R10D Hinjewadi Residential 0.17 ~100Cr 0.17 ~100Cr R10E Hinjewadi Residential 0.20 ~115 Cr 0.20 ~115 Cr LifeRepublic Total 5.14 ~3,010Cr 3.29 ~1,945Cr GoldenPebbles Kalina Residential 0.13 ~300 Cr 0.13 ~300Cr Mumbai SukhNiwas Khar Residential 0.03 ~110Cr 0.03 ~110 Cr Mumbai Total 0.16 ~410 Cr 0.16 ~ 410 Cr Bengaluru Raaga3 HennurRoad Residential 0.25 ~140Cr 0.25 ~140 Cr Total 11.25 ~7,710 Cr 6.30 ~4,520Cr Subsequent project launches pipeline: Downtown, Boat Club and JeevanSudha The above information is based on management estimates and can change materially. No assurances are being made in relation tothe timelines or realisation of the above planned developments. 11 Judiciously building project pipeline for the next round of growth Focused on meaningful additions to portfolio across Pune, Bengaluru and Mumbai Targeting acquisitions through outright/structured deals and JVs/JDAs with land owners / other developers FY23 FY22  Targeting acquisitions of 10 msfof new business development with topline FY21  Signed a new project with a potential of ~Rs.7,000 crore in combined saleable area of FY23 -across geographies ~0.55 msfin Pune FY20  Signed three projects with a (Tathawade) under DM through outright/structured deals and JVs/JDAs combined saleable area of model. Expected DM fees of FY19  Signed three projects with a ~ M 2 o . s 2 h m i, s W fi a n g P ho u l n i) e u ( n B d a e n r e c r a , pital ~Rs. 35 crore  KPDL acquired new project combined saleable area of light models. Expected total on an outright basis in Kiwale, ~1.6 msfin Pune (Wagholi, topline of ~Rs. 1,500 crore  Created platform with Planet Pune with ~ Rs1,400 crore  Bought 50% stake from ICICI Kiwaleand Ravet) under DM and KPDL PBT of ~Rs. 220 Smart City to develop 15,000 topline potential and ~2.5 Venture in Life Republic model. Expected DM fees of crore housing units. Projects for the million sq.ftof saleable area.. taking KPDL share to 95% Rs. 85-88 crore platform to be added across  Unlocked three re- Pune, Mumbai and Bengaluru development projects with a within three years  Acquired balance 49% equity combined saleable area of stake in Downtown project ~0.52 msfin Mumbai (Evara,  Planet Holding Limited, from IL&FS Verve, Vaayu). Expected invested -Rs. 60 crore in Topline of over Rs. 1,000 SnowflowerProperties Private crore Limited (SPPL). 12 Mumbai Presence - Expanding Footprint Shree Avadhoot(Dahisar East) Opp. Subway, St. Mary School Vaayu(Dahisar West) Near Mary Immaculate Girls School Evara(Borivali West) Near. McDonald's, S V Road Verve (Goregaon West) Walking distance from Inorbitmall, adjacent to Central mall Faster Creation for Faster Jeevan Sudha (Andheri West) Off. Juhu lane Paced City Mumbai Jumbo Darshan (Andheri East) Near Regency Hotel Jai Vijay (Vile Parle East) Link Palace (Khar West) SukhNiwas (Khar West) Golden Pebbles (Kalina) Near Mumbai University Near Khar Gymkhana Completed Recently Launched (Topline of over Rs. 1,000 cr) Future Projects (Topline of ~ Rs. 1,500 cr) 13 Performance Highlights – Five Years Sales Value, Rs. Crore Sales Volume, msf APR,Rs./sft. 11% 6,407 1,739 2.70 2.71 45% 2.51 30% 5,765 5,785 5,302 5,309 1,432 1,331 2.09 2.08 1,198 1,201 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Collections,Rs. Crore Delivery, msf Net Debt, Rs.Crore 2.34 1,574 2.22 517 40% 1,368 1.86 434 1,247 1,109 1,128 310 21% 288 0.99 -58% 0.82 131 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Volume in million square feet is based on saleable area; Collections include contribution from DMA projects 14 Performance Highlights – Q2 FY23 Sales Value, Rs. Crore Sales Volume, msf APR,Rs./sft. Collections,Rs. Crore 500 561 0.86 7,260 474 501 0.78 6,370 6,489 6,418 6,622 421 404 429 445 0.67 374 367 0.61 0.56 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 FY22 FY22 FY22 FY23 FY23 FY22 FY22 FY22 FY23 FY23 FY22 FY22 FY22 FY23 FY23 FY22 FY22 FY22 FY23 FY23 Revenue, Rs. Crore EBITDA, Rs. Crore PAT,Rs. Crore 376 304 27 21 240 53 18 47 200 41 31 5 123 -9 -6 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 Q2 Q3 Q4 Q1 Q2 FY22 FY22 FY22 FY23 FY23 FY22 FY22 FY22 FY23 FY23 FY22 FY22 FY22 FY23 FY23 Note: Volume in million square feet is based on saleable area ; Collections include contribution from DMA projects 15 Abridged Cash Flows H1 FY23 Q2 FY23 Abridged Cash flows -(Rs. crore) (Un-Audited) (Un-Audited) Opening Balance* -A 350 365 Operating Activities Collections 821 384 Construction Cost -430 -204 Other Expenses -140 -60 Direct & Indirect Taxes -59 -30 Operating Cashflow-B 192 90 Financing Activities Interest -19 -9 OD/CC Movement 38 37 OCD/CCD/Zero Coupon NCD (Redemption)/Subscription -19 -8 Dividend -14 -14 Financing Cashflow-C -14 6 Investing Activities TDR/Premium Costs/Approval Cost / New Business Development -159 -134 JV Partner/Land Cost -40 2 Investing Cashflow–D -199 -132 Closing Balance* (A+B+C+D) 329 329 *The inflows and outflows for associate companies are considered in the above cash flow. Accordingly, the closing balance includes Rs.84 crore pertaining to associate companies which are not consolidated in the consolidated financial statements. Further, this also includes Rs. 11 crore pertaining to Bank deposits having maturities of more 16 than 12 months from the Balance Sheet date. Consolidated Debt Profile Consolidated Debt Profile (Rs. crore) 30th Sep, 2022 30th June, 2022 31st Mar, 2022 CCM CCM CCM Net Worth 957 981 959 Gross Debt 573 514 522 Less: OCD/CCD/OCPRS/Zero Coupon NCDs 87 91 100 Debt 486 423 421 Less: Cash & Cash Equivalents & Current Investments** 234 280 290 Net Debt 251 143 131 Net Debt/Equity 0.26 0.15 0.14  The Company has been assigned a long-term rating of ‘ICRA A+/Positive’. This along with the existing ‘CRISIL A+/Stable’ rating further enhances KPDL’s rating profile and highlights its focus on corporate governance. **The Cash & Cash Equivalents & Current Investments are as per financial statements and does not include balances pertaining toassociate companies which are not consolidated in the consolidated financial statements. Further, this does not include amount of Bank deposits having maturities of more than 12 months from the Balance Sheet date. 17 Consolidated Profit and Loss Snapshot Q2 Q1 Q2 P&L Snapshot (Rs. crore) H1 FY23 H1 FY22 FY23 FY23 FY22 Revenue from Operations 323.4 501.1 123.3 200.1 303.8 EBITDA 41.3 115.2 -5.6 46.9 52.7 EBITDA Margin (%) 12.7% 23.0% -4.5% 23.4% 17.4% Profit before tax 34.4 90.3 -5.7 40.1 43.9 PBT Margin 10.6% 18.0% -4.6% 20.0% 14.4% Net profit/loss after tax (pre-MI) 19.1 51.0 -6.9 26.0 20.2 PAT Margin % (pre-MI) 5.9% 10.1% -5.6% 13.0% 6.7% Net Profit (post-MI) 12.4 47.2 -8.8 21.2 17.7 PAT Margin % (post-MI) 3.8% 9.4% -7.1% 10.6% 5.8% 18 KPDL Project Portfolio – 30.09.22 Gross Details (including partner’s share) Gross Details (including partner’s share) Ongoing & Under Under Projects KPDL Share Land Bank Projects KPDL Share Ongoing & Unsold Land Bank Unsold Approval Approval Vaayu 100% 0.06 - - Giga 100% 0.07 0.69 - Verve 100% 0.09 - - Stargaze 62% 0.09 - - Sukh Niwas 100% - 0.03 - Ivy Estate 100% 0.04 - - Golden Pebbles 100% - 0.13 - Downtown 100% 0.00 0.68 0.41 Jeevan Sudha 100% - 0.12 - Life Republic^ 95% 0.35 4.77 14.11 Other Mumbai Projects 100% - - 0.57 Universe (R10), LR 49% 0.28 0.37 - Mumbai Total: (1 msft) 0.15 0.28 0.57 Kiwale 100% 0.13 2.50 Under Three Jewels 20% 0.08 - - Projects KPDL Share Ongoing & Unsold Land Bank Approval Centria 100% 0.01 - - Raaga 100% 0.00 0.25 - Pimple Nilakh 100% - 0.80 - Exente 100% 0.02 - - Ghotawade 50% - - 3.2 24K Grazio 100% 0.19 - - Aundh 100% - - 1.00 Bengaluru Total: (0.46 msft) 0.21 0.25 - Kalyani Nagar 100% - - 1.00 Equa / Wagholi 36% 0.23 0.00 - Under Projects Total Ongoing & Unsold Land Bank Baner 66% - 1.56 - Approval Crown,Moshi 50% 0.02 0.54 - Owned Projects 34.75 1.66 12.80 20.29 Boat Club Road 100% - 0.36 - DM Projects 2.12 - 2.12 - Total Company Portfolio 36.87 1.66 14.92 20.29 Pune Total: (33.29 msft) 1.30 12.27 19.72 Saleable area in million square feet based on current FSI norms and subject to change; ^Total FSI potential is 1.7 in Life Republic; Current potential has been considered based on consumption possibility as against the FSI of 1 that was mentioned in the Q1FY23 results presentation. 19 Business Outlook Sector consolidation Diversifying geographical presence Efficient capital deployment  First round of consolidation resulted from  10 society redevelopment projects in Mumbai -  Continue to evaluate strategic and financial implementation of RERA and GST benefiting 2completed,3newlylaunched,5futureprojects partnerships that enable us to scale our organized,execution-focuseddevelopers. operationswhilelimitingcapitalcommitment  Mumbai and Bengaluru contribution reached  Covid-19 has resulted in further consolidation ~27%ofsalesvalueinH1FY23 andbenefitstrongbalancesheetdeveloperslike KPDL Demand Operational Excellence Healthy RoCE  WFH/Hybrid work model has increaseddemand  Focustobefastersales,approvals,construction  Successful implementation of strategy driving acrossproductsegments and collection strong return profile with average. ROCE of ~13%forlastfouryears  Still one of the lowest inflation-adjusted home  Strong digital connect to act as an incremental prices in many years, have considerably saleschannel  Looking at further scale benefits in Pune and improved affordability and overall consumer greaterBengaluru/Mumbaicontribution  Prudent investments in technology to reduce sentiment constructiontime Consolidating leading position in Pune New project acquisition Priority Launches  KPDL is leveraging its strong brand  Targetingacquisitionsof10msfofnewbusiness  3cities–Pune,Mumbai&Bengaluru name/marketpositiontoacceleratedevelopment development with topline potential of ~Rs.7,000  ~11.25msfofsaleablearea and launch subsequent phases of ongoing crores in FY23 - across geographies through projects outright/structureddealsandJVsandJDAs  ~Rs.7,710croreoftoplinepotential  Created platform with Planet Smart City to develop15,000housingunits.Singed2ndproject of this platform, for the CommunityEngagement Platform 20 Small to mid sized journey completed. Mid to large sized journey begins This is where we are This is where we wish to go Amongst India’s top five real Leading real estate brand in Pune estate players Double our sales while ~27% sales value from Mumbai R maintaining profitability and Bengaluru in H1 FY23 Grow our Pune presence Growing property development and leadership partnerships Expand market share in Mumbai and Bengaluru Maturing Life Republic; point of take-off Deepen cash-light global partnerships Stronger marketing engine Accelerate Life Republic sales Develop benchmark programs Declining debt R on ESG and customer- centricity 21 Awards and Recognitions KPDL RECEIVED 60+ AWARDS IN THE LAST FIVE YEARS KPDL Awards Project Awards Trusted Brand of the Year, Residential Property India – Times Realty, 2021-22 Brand of the Year, Economic 24K Stargaze By Kolte Patil Innovative marketing campaign of the year –Life Times, 2018-19 Developers Limited, Asia Top Developer of the year, Republic,ET Now, 2019-20 Pacific Property Awards (IPA) Times Real Estate Icons , 2020- Game Changer of 2022-23 21 Luxury Project of the year – Maharashtra, Economic 24K Stargaze,Times Network, Times, 2017-18 Residential High Rise India’s Top Challengers, 2017-18 Architecture India, Asia Pacific Construction World Global Aw, Luxury Developer of the Year Property Awards (IPA), 2020-21 2020-21 Integrated Township of the –24K, Times Network, 2017-18 year –Life Republic,ABP Top Township projects India’s Most Trusted Real News, 2016-17 Estate Brand,TRA’s Brand Most Trusted Real Estate (above 350 acres), Times Real Trust Report 2020 Brand, Times Network, 2017-18 Estate Icons, 2020-21 Best Township Project of the year –Life Republic,Golden Best Realtor , Times Realty, India’s Top Challengers, Integrated Township of the Bricks Awards (Dubai), 2016-17 2019-20 Construction World 2017-18 year,CNN News18, 2019-20 Brand Excellence in Real Developer of the Year, Realty Luxury Project of the year – Estate Sector, ABP News, Plus, 2016-17 24K Stargaze,ET Now, 2019- 2019-20 20 Brand of the Year, Golden Developer of the Year Bricks Awards (Dubai), 2016-17 Residential , CNN NEWS18, 2019-20 Asia’s Greatest Brand, Asia One, 2016-17 Most Trusted brand, ET Now, 2019-20 22 About Kolte-Patil Developers Ltd. Kolte-Patil Developers Ltd. (BSE: 532924, NSE: KOLTEPATIL; KPDL), incorporated in 1991, is a leading real estate company with dominant presence in the Pune residentialmarket,andgrowingpresenceinMumbaiandBengaluru.Kolte-Patilisatrustednamewithareputationforhighqualitystandards,designuniqueness,corporate governance, transparency and timely delivery of projects. The company has developed and constructed over 50 projects including residential complexes, integrated townships,commercialcomplexesandITParkscoveringasaleableareaof~23millionsquarefeetacrossPune,MumbaiandBengaluru.TheIndianGreenBuildingCouncil (IGBC)hascertifiedseveralofthecompany’sprojects.KPDLmarketsitsprojectsundertwobrands:’Kolte-Patil’(addressingthemid-incomesegment)and‘24K’(addressing thepremiumluxurysegment). Consolidating its leadership position in Pune, the company forayed into the Mumbai market in 2013 focusing on society re-development projects that have lower capital- intensity.Thecompanysignedtenprojects(twocompleted,threerecentlylaunched,fivefutureprojects)tilldateatprimelocationsacrossthecity. KPDLhasseamlesslynavigatedvariedeconomiccyclesenabledbyoneofthelowestdebtlevelsinthesector.TheCompany’slong-termbankhasbeenrated‘A+/Stable’ byCRISIL,oneofthehighestratingaccordedbyCRISILtoanypubliclylistedresidentialrealestateplayerinIndia.Inaddition,theCompanyisalsorated‘ICRAA+/Positive’ byICRA.TheCompany’sgrowthtrajectory,internalprocessesandcorporategovernancepracticeshavebenefittedfrompartnershipswithmarqueefinancialinstitutionslike KKR,JPMorganAssetManagement,PortmanHoldings,ASKCapital,MotilalOswal,ICICIVenturesandPlanetSmartCity. Over the years, KPDL has received multiple awards and recognitions including Asia’s Greatest Brand 2017 by AsiaOne, The Economic Times - The Game Changers of Maharashtra 2018, Times Realty Icons - Best Realtor 2019, CNN NEWS18 - Developer of the Year Residential 2019, ET Now – Most Trusted Brand India’s 2019, Top Challengers 2019-20 byConstructionWorld Global Awards Online, TrustedBrand of theYear, Times Realty, 2021-22 andResidential High RiseArchitecture India- 2021, AsiaPacificPropertyAwards(IPA). FormoredetailsonKolte-PatilDevelopersLtd.,visitwww.koltepatil.com. Dipti Rajput, CFA Shiv Muttoo / Smit Shah VP –Investor relations AdfactorsPR, India Kolte-Patil Developers Ltd. City Bay, Dhole Patil Rd, Tel: +91 983 355 7572 / +91 98707 89596 Pune -411001 Email: shiv.muttoo@adfactorspr.com | smit.shah@adfactorspr.com Tel: +91 7400481432| Email: dipti.rajput@koltepatil.com 23