#1ELDECO Eldeco Housing & Industries Limited (EHIL) Investor Presentation Q1FY23 | August 2022 BSE: 523329 | NSE: ELDEHSG | WWW.ELDECOGROUP.COM Club Luxa Edelco Luxa, Lucknow#2Eldeco Eternia 2022, All Rights Reserved - www.eldecogroup.com Contents اشا Page Quarterly Overview 03 Corporate Overview Operational Overview Financial Overview Annexures Page 09 Page 14 Page 19 Page 22 2#3ELDECO EHIL Quarterly Overview ELDECO CORPORATE CHAMBER 2022, All Rights Reserved www.eldecogroup.com Corporate SONY ELDECO BANK Strike So ATM Eldeco Corporate Chamber I & II#47725 Q1FY23 Quarter Highlights Revenue Rs. 27.6 Crores +82.6% growth YoY EBITDA Rs. 11.3 Crores +120.3% growth YoY EBITDA Margin 40.9% PAT Rs. 10.1 Crores +116.6% growth YoY PAT Margin 36.6% Customer Collections Rs. 49.4 crores in Q1FY23 +115.7% growth YoY Deliveries ~1.1 lac sq.ft handed over in Q1FY23 78 homes registered in Q1FY23 Sales Booking Rs. 22.4 crores in Q1FY23#5Management Commentary Commenting on the results, Mr. Pankaj Bajaj, Chairman & Managing Director said, The demand is here to stay, This was a solid quarter for us. After the strong sales in the previous quarters, in this quarter execution and collections have been stable. This is traditionally the slowest quarter of the year, but we are happy with our performance. The collections for the quarter witnessed a growth of 116% year on year and 35% sequentially. The key takeaway was that real estate demand, especially that for quality housing, is quite strong and resilient. We passed on the rise in the input prices to our customers. Home loan rates also increased. But we find that the customer is not sensitive to such movements as long as they are within a brand. The other message the market is consistently giving us is that there is a substantial premium for assured supply of finished product from a trusted brand. We intend to build on these advantages going forward. The flip side is that this strength in real estate demand has been transmitted to the land markets also, making it a little challenging to replenish our project pipeline. However, we are confident of adding at least three more projects within this financial year to our development portfolio. Mr. Pankaj Bajaj Chairman & Managing Director ©2022, All Rights Reserved - www.eldecogroup.com 5#6Consolidated Quarterly Operations Highlights Particulars Q1 FY23 Q1 FY22 Q4 FY22 Amount spent on Construction (Cr.) 23.3 10.9 27.8 Area Booked (sq. ft.) 51,622 96,116 85,157 Booking Value 22.4 23.2 (Cr) Collections (Cr) ©2022, All Rights Reserved - www.eldecogroup.com Construction Spend: Saw a booking of Rs. 22.4 crore in Q1FY23 25.9 Collections Rs 49.4 crore in Q1FY23 up by 115.7% compared to Q1FY22 and 35.1% by Q4FY22 49.4 22.9 36.6 Deliveries ~1.1 lacs sqft handed over in Q1FY23; i.e 78 homes registered in favour of happy customers 6#7Consolidated Financial Overview (Quarterly) (1/2) Figures in Rs. Crores, except change and margins Particulars Revenue from Operations EBITDA Finance Cost PBT PAT Q1FY23 Q1FY22 YoY Change Q4FY22 QoQ Change 27.6 15.1 82.6% 28.9 -4.7% 11.3 5.1 120.3% 15.6 -27.7% 0.1 0.1 -5.6% 0.7 -82.5% 13.5 6.2 117.2% 19.8 -31.8% 10.1 4.7 116.6% 14.5 -30.6% EBITDA Margin 40.9% 33.9% PBT Margin PAT Margin ©2022, All Rights Reserved - www.eldecogroup.com 49.0% 41.2% 54.0% 68.5% 36.6% 30.9% 50.2% 7#8Consolidated Financial Overview (Quarterly) (2/2) Revenue from Operations (Cr.) Area Booked (sq. ft.) and Average Realization (* per sq. ft.) 15.1 40.1 Q1'22 Q2'22 42.7 Q3'22 4,075 4,230 4,331 28.9 27.6 3,039 2,64,619 2,56,190 2,412 96,116 85,157 51,622 Q1'22 Q4'22 Q1'23 Q2'22 Area Booked (sq. ft.) Q3'22 Q4'22 Q1'23 Average Realisation ( per sq. ft.) ■Revenue from Operation (Cr.) EBITDA (** Cr.) and EBITDA Margin (%) PAT (** Cr.) and PAT Margin (%) 16.7 21.8 14.9 14.5 17.1 15.6 10.1 50.2% 54.3% 54.0% 40.0% 11.3 40.9% 30.9% 4.7 41.7% 34.8% 36.6% 5.1 33.9% Q1'22 Q2'22 Q3'22 Q4'22 Q1'23 EBITDA (Cr) EBITDA Margin (%) Q1'22 Q2'22 PAT (Cr) Q3'22 Q4'22 PAT Margin (%) Q1'23 ©2022, All Rights Reserved - www.eldecogroup.com Out of total 96,116 sq.ft. sold in Q1'22, 70% of the sales was contributed by Eldeco Saksham which has EWS properties, causing average realization to drop vis à vis previous quarters. 8#9ELDECO EHIL Corporate Overview ELDECO CORPORATE CHAMBER 2022, All Rights Reserved www.eldecogroup.com Corporate SONY ELDECO BANK Strike So ATM Eldeco Corporate Chamber I & II#10Group Overview Eldeco City High Brand Recall in North India Eldeco Eternia EEEELDE ☆ Eldeco City Dreams Over 40 Years of Experience Key Player in UP Since 1985 ©2022, All Rights Reserved - www.eldecogroup.com CLUB SHAURYA Shaurya 25,000+ Satisfied Customers Eldeco Regalia 200 Projects Delivered, 32 Under Execution 10#11EHIL Overview Eldeco Regalia 40 Years of Experience Focus on Middle Income Segment 53 Projects Completed 16 Projects On-Going Market Leadership in Lucknow Strong brand for trusted delivery ■ Fastest growing city with high demand for residential & township projects ■ Lucknow among Top Tier 2 Cities with respect to real estate growth Execution capability across verticals ■ Vast experience in project execution Quality and timely delivery of projects ■ Simultaneous handling ☐ of multiple large projects ■ 53 projects completed till date " Prudent Financial Management Long term Debt free Company Ability to fund business operations by taking advances from customers ■ Consistent growth in PAT and healthy return ratios ©2022, All Rights Reserved - www.eldecogroup.com 11#12The Management Mr. Pankaj Bajaj Chairman & Managing Director Over 25 years of experience in construction & real estate development B.Com (Honors) from SRCC PGDM (MBA) from IIM, Ahmedabad President of CREDAI NCR (Confederation of Real Estate Developers Association of India) Mr. SK Jaggi EHIL COO ■ Over 30 years experience in real estate previously with Ansal Group, Emaar MGF and Eldeco Infra in various capacities Attended IIM B CREDAI Business Leadership ☐ Program and Post Graduate from Kanpur University Mr. Manish Jaiswal Group COO ☐ 15+ years of Real Estate experience B.E., NSIT, Delhi University ■ PGDM (MBA), IIM Calcutta ☐ Leading revenue and expansion Previous associated with real estate organizations such as Unitech, M3M, Tribeca etc. ©2022, All Rights Reserved - www.eldecogroup.com Mr. Sanjay Aggarwal Vice President (Accounts and Taxation) ◉ ☐ Post qualification experience of 25 years B.Com (Hons) from Delhi University ■ Fellow member of ICAI Worked with Ansal API & Suncity in previous stints Looks over the accounting & taxation functions of the Company 12#13Accolades Won by Eldeco Group CONSTRUCTION WORLD STALWARTS OF THE NORTH DELHI-NCR AWARDED TO ELDECO GROUP Panasonic wm CWMH CONCLAVEG AWARDS CONSTRUCTION WORLD. Stars of the North Delil NOR FLDECO GROUP For Your Condos Tap Shethering the Buli Emines Ch 11 Mars 2012 New Odi FEATHER TOUCH ELDECO ANOTHER JEWEL IN THE CROWN Construction World Architecture & Builders (CWAB) Awards 2021 SWAB India's Top Builders 2021 in North Another Milestone Achieved ELDECO THE BUSINESS LEADERSHIP AWARDS 2021 BUSINESS LEADERSHIP AWASTE 2001 " Deeper of the Yew Recidental Eldeco Group Media Partner THE ECONOMIC TIMES Eldeco has been awarded the 'Stalwarts of the North Delhi NCR' for contribution towards strengthening the built environment. Eldeco has been awarded the 'Construction World Architecture & Builders (CWAB) Awards 2021' in the category - 'India's Top Builders 2021 in the North'. Eldeco has been awarded the 'Business Leadership Awards 2021' under the category 'Developer of The Year (Residential)' ©2022, All Rights Reserved - www.eldecogroup.com 13#14ELDECO EHIL Operational Overview ELDECO CORPORATE CHAMBER 2022, All Rights Reserved www.eldecogroup.com Corporate SONY ELDECO BANK Strike So ATM Eldeco Corporate Chamber I & II#15Operational Track Record Area Booked (Lakh Sq. Ft.) 3.9 2.9 2.5 2.0 7.0 3,230 Average Realization (per sq. ft.) 3,800 3,779 3,746 3,533 FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Value of Construction (* Crores) 94.1 80.7 FY18 63.9 33.6 Value of Area Booked (Crores) 265.3 72.7 124.7 103.8 95.2 75.1 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 ©2022, All Rights Reserved - www.eldecogroup.com 15#16On-Going Projects S No Ongoing Projects Project Area (sq. ft.) Saleable Area (sq. ft.) Area Allotted Area Booked (sq. ft.) to partner (sq. ft.) Area Available (sq. ft.) Value of Area Booked INR Cr. Collection Received INR Cr. Balance Pending INR Cr. Expected Completion CC RecL2 on 07-Jun-22 1 Eldeco Luxa 1,32,736 70,860 45,013 16,863 37.6 27.9 9.7 67,264 2 Eldeco Luxa Arcade 1,728 1,728 0.0 L1 Exp. Completion Dec-22 Dec-22 3 Eldeco Regalia Arcade 19,698 17,759 15,118 2,641 8.8 6.0 2.8 Dec-22 CC Received on 4 Eldeco Uday 12,520 11,581 939 2.0 0.6 1.4 22-Apr-22 20,904 LO 5 Eldeco Joy 18,040 16,687 1,353 4.6 21 2.1 2.5 CC Received on 22-Apr-22 6 Eldeco City Dreams 40,214 72,756 69,157 3,599 23.0 20.0 2.9 Sep-22 7 Eldeco Select 24,068 63,932 57,442 6,490 24.7 24.1 0.7 Applied for CC 8 Eldeco South Block 31,442 16,330 16,330 0 6.5 6.5 0.1 Applied for CC 9 Eldeco North Block 83,173 50,044 50,044 0 13.0 13.0 0.0 Applied for CC 10 Eldeco Inner Circle 83,367 41,735 41,735 0 12.7 11.2 1.5 Oct-22 11 Eldeco Shaurya Arcade 24,219 20,336 13,170 7,166 9.9 6.4 3.5 Jul-23 12 13 23 Eldeco East End 1,31,106 62,628 49,135 13,493 15.0 8.5 6.5 Mar-23 Eldeco Saksham 33,627 67,188 66,953 235 11.3 4.0 7.3 Mar-24 14 Eldeco Twin Tower 70,327 1,56,526 74,718 81,808 30.0 9.3 20.7 Sep-25 15 Eldeco City at Bareily (40% Beneficial Interest) 15,51,394 8,73,549 5,50,576 3,22,973 156.9 101.4 55.5 Jun-26 16 Eldeco Imperia Phase I 7,40,527 3,05,163 2,38,698 66,465 95.4 23.9 71.5 Dec-24 Total 29,21,330 19,12,970 13,42,204 45,013 5,25,753 451.3 264.8 186.6 ©2022, All Rights Reserved - www.eldecogroup.com 16#17Forthcoming Projects SI. Economic Project Name Project Type No. Interest Land Area (Acres) Saleable Area (Sq.ft) 1 Eldeco Imperia Phase II Township 100% 17.80 4,03,191 Under planning 2 Eldeco City Plaza Current Status Commercial 100% 0.22 11,383 RERA approval received, construction started 3 Eldeco City Commercial Commercial 100% 2.88 1,25,476 Under planning 4 GH-03 Crest 5 GH-04 Total ©2022, All Rights Reserved - www.eldecogroup.com Group Housing 100% 3.53 4,96,071 Under planning Group Housing 100% 2.48 3,23,953 Under planning 26.91 13,60,075 Forthcoming Projects: Projects yet to be launched for booking 17#18Completed Projects S No Project 1 Eldeco Pragati Kendra 2 Eldeco Kusha Mini Villa 3 Eldeco Udyan I 4 Eldeco Fountain Plaza Location Kapoorthala - Lucknow Puraniya Chauraha, Lucknow Bangla Bazar, Lucknow Bangla Bazar, Lucknow Type Saleable Area (sq ft) Saleable Area S No Project Commercial 100,763 27 Eldeco Kusum Villa Location Mahanagar, Lucknow Type (sq ft) GH 22,408 Commercial cum GH 11,636 28 Eldeco Greens Gomti Nagar, Lucknow Township 839,455 Township 1,529,850 29 Eldeco Greens Apartment Local Shopping 33,524 30 Eldeco Magnum Plaza Gomti Nagar, Lucknow Gomti Nagar, Lucknow GH 228,339 Commercial 84,121 5 Eldeco Harmony Enclave Bangla Bazar, Lucknow 31 Township 81,805 32 6 Eldeco Udyan II Raibareilly Road, Lucknow Township 2,459,714 33 7 Eldeco Sanskriti Enclave Raibareilly Road, Lucknow Township 123,307 Eldeco Corporate Chamber I Eldeco Corporate Chamber II Eldeco Corporate Tower 34 8 Eldeco Suraksha Enclave - I Raibareilly Road, Lucknow Eldeco Elegance Township 380,326 35 Eldeco Elegante 9 Eldeco Suraksha Enclave - II Raibareilly Road, Lucknow Township 305,445 36 Eldeco Greenwood 10 Eldeco Samridhi 11 Eldeco Ashray Raibareilly Road, Lucknow Raibareilly Road, Lucknow Township 584,948 37 EWS 340,917 38 Eldeco Greenwood Arcade Eldeco Kusum Plaza 12 Eldeco Ashray Bazar Raibareilly Road, Lucknow Local Shopping 12,416 39 Eldeco Shivani Plaza Near Kapoorthala, Lucknow 3156 Eldeco Utsav Plaza Raibareilly Road, Lucknow Local Shopping 9,482 40 Eldeco Towne 14 Eldeco Udyan Plaza Eldeco Highway Plaza Eldeco Highway Annexy Raibareilly Road, Lucknow Raibareilly Road, Lucknow Local Shopping 35,426 41 Eldeco Eternia Vibhuti Khand, Gomti Nagar, Lucknow Vibhuti Khand, Gomti Nagar, Lucknow Vibhuti Khand, Gomti Nagar, Lucknow Vibhuti Khand, Gomti Nagar, Lucknow Vibhuti Khand, Gomti Nagar, Lucknow Vikalp Khand, Gomti Nagar, Lucknow Vikalp Khand, Gomti Nagar, Lucknow Nishat Ganj, Lucknow IIM Road, Lucknow Sitapur Road, Lucknow Commercial 97,862 Commercial 111,735 Commercial 107,805 GH 805,123 Commercial Township 53,033 86,189 Local Shopping 5,359 Commercial 19,919 Commercial 17,653 Township 329,654 GH 367,128 Commercial 34,548 42 Eldeco Regalia Off IIM Road, Lucknow Township 693,365 Raibareilly Road, Lucknow Commercial 14,905 43 Eldeco City IIM Road, Lucknow Township 2,187,684 17 Eldeco Express Plaza Raibareilly Road, Lucknow Commercial 107,197 44 Eldeco City Breeze IIM Road, Lucknow GH 217,536 18 Eldeco Heritage Park Road, Hazrat Ganj, Lucknow GH 48,385 45 Eldeco Sukriti IIM Road, Lucknow LIG 124,416 19 Eldeco Emperur New Hyderabad, Lucknow GH 94,184 46 Eldeco Sukriti Premium IIM Road, Lucknow GH 28,512 20 Eldeco Eden Park Estate Kursi Road, Lucknow GH 195,126 47 Eldeco Kuteer IIM Road, Lucknow EWS 66,240 21 Eldeco Park View Sitapur Road, Lucknow GH 182,694 48 Eldeco City Arcade | IIM Road, Lucknow Local Shopping 13,983 22 Eldeco Basera Palash New Hyderabad, Lucknow GH 49 Eldeco City Arcade II IIM Road, Lucknow Local Shopping 16,074 65,122 23 Eldeco Basera Palash Annexy 24 Eldeco Kusum Deep New Hyderabad, Lucknow Chowk, Lucknow GH 50 Eldeco Sukriti Arcade IIM Road, Lucknow Local Shopping 3,327 Commercial cum GH 62,883 51 Eldeco Saubhagyam 25 Eldeco Saraswati Apartment Chand Ganj Garden, Lucknow GH 16,806 52 26 Eldeco Savitri Sahni Enclave New Hyderabad, Lucknow GH 23,259 53 33 Eldeco Saubhagyam Arcade Eldeco Shaurya Vrindavan Yojna, Lucknow Vrindavan Yojna, Lucknow GH 1,204,533 Bijnore Road, Lucknow Local Shopping Township 7,227 639,936 ©2022, All Rights Reserved - www.eldecogroup.com Total: 152,33,284 Sq Ft. 18#19ELDECO EHIL Financial Overview ELDECO CORPORATE CHAMBER 2022, All Rights Reserved www.eldecogroup.com Corporate SONY ELDECO BANK Strike So ATM Eldeco Corporate Chamber I & II#20Consolidated Financial Overview (Full Year) (1/2) 168 Revenue (*Cr.) EBITDA (Cr.) and EBITDA Margin (%) 55.1% 109 FY18 FY19 159 46.7% 129 127 42.1% 35.6% 75 33.4% 56 54 39 FY20 770 FY21 FY22 FY18 FY19 EBITDA (Cr) FY20 FY21 FY22 EBITDA Margin (%) EPS & DPS* 55.1 51.7 ■Revenue (Crores) PAT (Cr.) and PAT Margin (%) 34.0% 40.0% 30.5% 54.2 50.8 21.8% 22.3% 39.2 36.6 24.2 39.8 37.3 24.7 8.0 8.0 3.5 3.5 2.5 FY18 FY19 PAT (Cr) FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 PAT Margin (%) EPS DPS ©2022, All Rights Reserved - www.eldecogroup.com Note: 1 PAT and EPS are after adjusting Minority Interest | Note: 2 All figures are as per IND AS *Note: EPS & DPS are adjusted to post stock split levels 20 20#21Consolidated Financial Overview (Full Year) (2/2) Net Worth (Cr.) and ROE (%) Return on Capital Employed 16.9% 308.0 20.8% 20.5% 18.6% 265.0 26.2% 16.5% 150.1 183.7 210.7 17.9% 25.8% 27.3% 21.8% Willi FY18 FY19 FY20 FY21 FY22 FY18 FY19 FY20 FY21 FY22 Net Worth (Cr.) ©2022, All Rights Reserved - www.eldecogroup.com ROE (%) ■Return on Capital Employed 21 21#22Eldeco Samridhi ©2022, All Rights Reserved - www.eldecogroup.com 22 ELDECO Investor Presentation Annexure#23Stock Data Stock Price Stock Information 52 Week High/Low 549 **977/498 Shareholding as on 30th June 2022 Market Capitalization 540 Cr Others 45% Promoters 55% Shares Outstanding 9.8 Mn Free Float 232 Cr/43% Note: Stock Prices as on 08th August 2022 & data source is BSE ©2022, All Rights Reserved - www.eldecogroup.com 23 23#24CSR Initiatives Creche for Construction Labour's Children ■ More than 500 Children across Eldeco Construction sites receive free meals, taught basic hygiene and are imparted elementary education Solar Panel Solar panels have been installed at various Eldeco townships and group housing projects that helps in cutting down energy bills by 15% At present, solar water heaters are installed at Eldeco Estate One-Panipat, Eden Park-Neemrana and Estate One- Ludhiana. Resident Care Battery-operated eRickshaw across Eldeco townships to reduce carbon footprint and each one with 5-6 pax capacity Environment Sewerage Treatment Plant that recycles approx. 80% of waste water; helps in reduced use of ground water; manure produced in filtration deployed in horticulture ■ Rain Water Harvesting implemented during project development; collected water is used to recharge groundwater through ground water pits ©2022, All Rights Reserved - www.eldecogroup.com ELDECO Care Waste Management Segregation of waste and conversion of biodegradable waste into manure; Processed compost used within townships to maintain and develop greenery Non-Organic waste taken off-site for further processing and recycling 24 24#25ELDECO Care Helping the less privileged Live Better Gayatri Pariwar Trust Ananda Marga Pracaraka Samgha Bharat Lok Shiksha Parishad Cheshire Care Homes Construction of Rooms for the elderly : Construction of the Health Institute : Construction of Hall to provide Education : Running of 50 Ekal Vidyalayas to provide Education Ummeed Ashrayagrah Construction of Rooms for the destitute ©2022, All Rights Reserved - www.eldecogroup.com CHESHIRE HOME LUCKNOW PHYSIOTHERAPY AND YOGA CENTER ELDECO उम्मीद आश्रयगृह श्रमिक, प्रवासी एवं मानसिक मंदित महिलाओं के आश्रय का उद्घाटन श्रीमती आशा बजाज जी 05-2002 f POWER FUN RUN#26Lucknow Real Estate Market Rapid Urbanization and Infrastructure development pushing Lucknow's growth Ammmmmm 0 000 000 00 0 |0|00|0|00|0|00|0| Capital of UP Direct air connectivity with all major cities Hub of services in Central and Eastern UP Influx of population from Eastern UP and Bihar ©2022, All Rights Reserved - www.eldecogroup.com D Metro Rail Network Prominent Educational Institutions like IIM-L, NLU, IHM 26#27ELDECO Eldeco Housing & Industries Ltd. Registered Office and Corporate Office: Eldeco Corporate Chamber-1, 2nd Floor, Vibhuti Khand, (Opp. Mandi Parishad), Gomti Nagar, Lucknow - 226010 Tel: 0522 4039999 Fax: 0522 4039900 www.eldecogroup.com [email protected] For IR Contact: Rohit Anand [email protected] Abhishek Bhatt [email protected] ©2022, All Rights Reserved - www.eldecogroup.com EXIT Eldeco Saubhagyam Thank You