#1Prestige Jasdan Clasic, Mumbai- Perspective INVESTOR PRESENTATION RESULTS FOR THE Q2 & HALF YEAR ENDED 30th SEPTEMBER, 2021 Prestige GROUP Add Prestige to your life#2PRESENTATION INDEX Operational Highlights SALES | COLLECTIONS | LAUNCHES COMPLETIONS Financial Highlights REVENUE | MARGINS | DEBT PROFILE SEGMENT REVIEW RESIDENTIAL | OFFICE | SHOPPING MALLS | WAREHOUSING AND LOGISTICS | LUXURY HOTELS | PROPERTY MANAGEMENT ABOUT PRESTIGE GROUP SCALE | MANAGEMENT | TRACK RECORD.. Prestige GROUP Add Prestige to your life 2 02#3OPERATIONAL HIGHLIGHTS Q2FY22 Prestige GROUP Add Prestige to your life 21,119 mn New Sales Up 88% YoY, 188% QoQ 5966/sf From 3.56 mn sft, PGS-17,616 mn Volume- 3.03 mn sft 15,515 mn Collections Up 35% YoY, 52% QoQ PGS-11,912 mn 8.08 mn sft Completions 3.49 mn sft Launches 779 mn Rentals (PGS) 0.58 mn. sft New Leasing Prestige Falcon City- Shot at site#4OPERATIONAL HIGHLIGHTS HIFY 22 Prestige GROUP Add Prestige to your life 28,458 mn New Sales Up 80% YoY From 4.64 mn sft, 6,137/sf PGS-22,932 mn Volume-3.81 mn sft 25,738 mn Collections Up 37% YoY PGS-20,178 mn 8.29 mn sft Completions 3.49 mn sft Launches 1,764 mn Rentals (PGS) 0.58 mn. sft New Leasing Prestige Falcon City-Shot at site#5FINANCIAL HIGHLIGHTS Q2FY22 *13,923 mn 4,396 mn 937 mn REVENUE EBITDA PAT EBITDA% 31.57 PAT% 6.73 TO A. Fo. The Prestige GROUP Add Prestige to your life PRESTIGE AUGUSTA GOLE VILLAGE T#6FINANCIAL HIGHLIGHTS HIFY 22 *28,657 mn €8,426 mn *1,862 mn REVENUE EBITDA PAT EBITDA% 29.40 PAT% 6.50 TO A. Fo. The Prestige GROUP Add Prestige to your life PRESTIGE AUGUSTA GOLE VILLAGE T#7BUSINESS SEGMENT REVIEW 6M 2021-22 (INR mn) Revenue EBITDA (excluding other income) EBITDA % Depreciation Prestige Office Retail Hospitality Services Residential Others Total 895 271 528 2,627 20,701 2,581 27,603 687 151 2 493 3,689 2,350 7,372 77% 56% 0% 19% 18% 91% 27% 261 27 544 34 192 1,217 2,275 EBIT (excluding other income) 427 124 (542) 459 3,497 1,132 5,097 EBIT % 48% 46% -103% 17% 17% 44% 18% 80 37 245 6 וט 545 1,152 2,065 Interest Expenses (net of interest and other income) PBT before JV Share of loss / (profit) 347 87 (787) 453 2,952 (20) 3,032 PBT % Joint Venture share of loss/ (profit) PBT after Joint Venture share of loss / (profit) Tax PAT Capital Employed Equity Debt (including ongoing capex) Debt taken for ongoing capex project 39% 32% -149% 17% 14% -1% 11% 180 347 87 (787) 453 2,952 (20) 2,852 87 22 (198) 158 886 35 990 260 65 (589) 295 2,066 (55) 1,862 A B 27,738 7,212 17,788 948 25,551 (11,754) 67,483 11,124 2,197 9,398 16,286 39,005 C 9,072 1,605 2,670 13,347 Debt (excluding ongoing capex) D=(B-C) 2,052 592 6,728 16,286 25,658 Capital Employed E=(A+B) 38,862 9,409 27,186 948 41,837 (11,754) 1,06,488 Capital employed on Ongoing capex projects F 34,472 6,598 9,006 50,076 Capital Employed (excluding ongoing capex projects) G=E-F 4,390 2,811 18,180 948 41,837 56,412 Debt (excluding ongoing capex) D 2,052 592 6,728 16,286 25,658 Equity G-D 2,338 2,219 11,453 948 25,551 42,508 ROCE (ANNUALISED) 31.31% 10.75% 0.02% 104.01% 17.64% 26.14% ROE (ANNUALISED) 51.96% 10.28% -4.24% 102.74% 24.61% 24.97% Impact of IND AS 116 and Net results attributable to Assets Held for sale has been considered under "Others 1. ROCE EBIDTA/ CAPITAL EMPLOYED 2. ROE - PBT +DEPRECIATION/ CAPITAL EMPLOYED 10 07#8DEBT PROFILE 12% 7% 24% 25% DER at 0.43x 1. Net Debt stood at 30,884 mn 2. Avg. cost borrowing at 9.8% 3. Networth at 72,126 mn. ■ Project debt - Residential & Commercial for sales ■ Office Space ■ Retail ■ Hospitality ■ Rental Securitisation Loans Project Receivable discounting loans 4% 28% Prestige GROUP Add Prestige to your life 08#9RESIDENTIAL SEGMENT ACROSS 12 LOCATIONS 125 Completed Projects Across 98 mnsft 28 Ongoing Projects Across 33 mnsft 24 Under planning Projects Across 51 mnsft CRISIL DAI Graded Projects Prestige Ocean Towers, Marine Lines, Mumbai- Perspective 09 60#10ONGOING PROJECTS S.No. Project Residential: Prestige GROUP Add Prestige to your life State/City Developable Area (Mnsf) Economic Interest (%) Prestige Share (Mnsf) | Prestige Botanique Bengaluru 0.10 55.00 0.06 2 Prestige Dolce Vita Bengaluru 0.16 60.00 0.10 3 Prestige Elysian Bengaluru 1.11 30.60 0.34 4 Prestige Fairfield Bengaluru 0.54 27.03 0.15 5 Prestige Finsbury Park- Regent Bengaluru 1.81 36.00 0.65 6 Prestige Finsbury Park - Hyde Bengaluru 2.77 36.00 1.00 7 Prestige Fontaine Bleau Bengaluru 0.12 60.00 0.07 8 Prestige Jindal City Bengaluru 6.12 37.23 2.28 9 Prestige Northpoint Bengaluru 0.40 51.00 0.20 10 Prestige Park Square Bengaluru 1.19 42.00 0.50 || Prestige Primrose Hills Bengaluru 1.90 68.00 1.29 12 Prestige Song of the South - Phase II Bengaluru 1.26 69.04 0.87 13 Prestige Vista Towers Bengaluru 0.26 51.00 0.13 14 Prestige Waterford Bengaluru 1.75 60.00 1.05 010#11ONGOING PROJECTS Prestige GROUP Add Prestige to your life S.No. Project City/State TDA in Mn Sft Economic Interest Prestige Share (Mnsft) 15 Prestige Willow Tree Bengaluru 0.91 62.00 0.57 16 Prestige Woodland Park Bengaluru 0.38 50.00 0.19 17 Prestige Cityscape Kochi 0.30 50.00 0.15 18 Prestige Courtyards Chennai 1.02 70.00 0.71 19 Prestige Hillcrest Ooty 0.11 50.00 0.05 20 Prestige Hillside Gateway Kochi 1.46 72.00 1.05 21 Prestige Ocean Crest Goa 0.30 50.00 0.15 22 Prestige Panorama Kochi 0.29 50.00 0.15 23 Prestige Palm Residences Mangaluru 0.35 75.00 0.26 24 Prestige Tranquil Hyderabad 2.24 73.00 1.64 25 Prestige Valley Crest Mangaluru 1.01 70.00 0.71 26 Prestige Windsor Park Chennai 0.91 68.50 0.62 27 Prestige Park Drive Bengaluru 0.66 45.00 0.30 28 Great Acres at The Prestige City Bengaluru 3.49 60.00 2.09 Total 32.92 17.3 011#12CASH FLOW FROM UNDER CONSTRUCTION PROJECTS Prestige GROUP Add Prestige to your life Particulars Total Developable Area Car Park Area Total Saleable Area PG area share Estimated Value Sold Area in Mn Sft Mn % 66.84 18.13 48.71 37.79 2,58,207 28.01 1,93,758 74 Collections 1,40,453 Balance to collect 53,305 Stock 9.78 64,449 26 Recovery from Land Owner Category Area in mn. Sft Value Refundable Deposit Projectable Inflow-A 3,264 1,21,018 Ongoing-Mid Income Projects 6.51 38,996 Commercial Projects 1.45 8,726 Cost of Development 1,68,556 Completed Projects 1.82 16,727 Incurred 1,13,867 Total 9.78 64,449 Balance to Spend-B 54,688 Free Cash flow (A-B) 66,330 12#13PROJECTS UNDER PLANNING S.No. Project City Developable Area (Mnsf) Economic Interest (%) Prestige Share (Mnsf) Prestige GROUP Add Prestige to your life Residential: | Prestige Glenbrook Bengaluru 0.56 100.00 0.56 2 Prestige Green Gables Bengaluru 0.71 60.00 0.42 3 Prestige Maple Heights Bengaluru 0.28 65.00 0.18 4 Prestige Misty Waters - Phase III Bengaluru 0.40 62.00 0.25 5 Prestige Roshanara Bengaluru 0.23 100.00 0.23 6 The Prestige City - Aspen Greens Bengaluru 0.50 60.00 0.30 7 The Prestige City - Avalon Park Bengaluru 2.03 60.00 1.22 8 The Prestige City - Eden Park Bengaluru 2.69 60.00 1.61 9 The Prestige City - Aston Park Bengaluru 1.35 60.00 0.81 10 The Prestige City - Meridian Park Bengaluru 5.97 60.00 3.58 || Prestige Bougainvillea Gardens Noida 3.10 72.00 2.23 12 Prestige Highline Chennai 4.54 78.00 3.54 13 Prestige Jasdan Classic Mumbai 0.81 100.00 0.81 013#14PROJECTS UNDER PLANNING S.No. Project City Developable Area (Mnsf) Economic Interest (%) Prestige Share (Mnsf) Prestige GROUP Add Prestige to your life Residential: 14 Prestige Cosmos Mumbai 10.78 68.28 7.36 15 Prestige Lakeside Habitat - Serenity Shores Bengaluru 1.31 70.00 0.91 16 Prestige Eden Garden Kochi 0.30 100.00 0.30 17 Prestige Ocean Pearl Calicut 1.53 50.00 0.76 18 Prestige Daffodils Mumbai 0.24 65.00 0.16 19 Prestige Rock Cliff Hyderabad 0.71 55.00 0.39 20 Prestige Beverely Hills Hyderabad 2.24 73.00 1.63 21 Kokapet Hyderabad 2.99 100.00 2.99 22 Jeejamata Nagar Mumbai 4.98 50.00 2.49 Plotted Development: | Prestige Marigold Bengaluru 0.96 100.00 0.96 2 Prosperity Enclave Bengaluru 1.71 45.00 0.77 Total 50.93 34.49 014#1515 CASH FLOW FROM UNDER PLANNING PROJECTS Prestige GROUP Add Prestige to your life Particulars Area in Mn Sft Mn Total Developable Area 50.93 Car Park Area 11.01 Total Saleable Area 39.92 PG area share 31.31 Estimated Value-A 296,791 Cost of Development Incurred as of Q4F21 Balance to spend-B RD Paid-C 2,08,122 20,793 1,87,329 875 Free Cash flow (A-B+C) 110,338 015 *Estimates#16OFFICE SEGMENT 112 Completed Projects 13 Across 36 mnsft 13 Under planning Projects Across 25 mnsft *2,551 Prestige Century Landmark- Perspective mn exit rent pa Prestige GROUP Add Prestige to your life Ongoing Projects Across 19 mnsft GRADE A *25,000+ mn Incremental Projected Rent pa 016#17OPERATING ASSETS - Exit rental of 2,551 mn S.No. Leasable Area Interest (%) Interest (MnSf) Rent P.A. Project Name | Prestige Logistic Centre 0.39 100.00 0.39 83 2 Prestige Polygon 0.33 100.00 0.33 342 3 West Palm Developers Pvt Ltd 0.32 61.00 0.20 101 4 SKN Commercial 0.21 100.00 0.21 179 5 Forum Vijaya-Commercial 0.19 50.00 0.10 57 6 Presitge Estates Projects Ltd. 1.57 100.00 1.57 618 7 Prestige Cybertower 0.36 100.00 0.36 87 8 Prestige TMS Square 0.22 58.00 0.13 85 9 Prestige Central Street 0.13 45.61 0.06 64 10 Prestige Technopolis 0.20 100.00 0.20 74 II Prestige Saleh Ahmed 0.07 44.25 0.03 43 12 Prestige Cube 0.03 100.00 0.03 35 13 Prestige Star Tech 1.37 51.00 0.70 767 14 Prestige Phoenix 0.05 50.00 0.02 16 Total 5.42 4.31 2,551 Prestige GROUP Add Prestige to your life 017#18ONGOING PROJECTS- 19 MN SF TDA S.No. Project State/City TDA in Mn Sft Economic Interest Prestige Share (Mnsft) | Prestige Tech Cloud Bengaluru 4.65 86.00 4.00 2 Prestige Tech Park IV (Adobe) Bengaluru 0.59 100.00 0.59 3 Prestige Minsk Square Bengaluru 0.62 55.00 0.34 Prestige Summit Bengaluru 0.19 50.00 0.09 5 Prestige Tech Pacific Park Bengaluru 1.65 62.95 1.04 6 Prestige Tech Park IV Bengaluru 1.05 100.00 1.05 7 Prestige Alpha Tech Pune 1.17 77.00 0.90 8 Prestige Cosmopolitan Chennai 0.12 100.00 0.12 9 Prestige Cyber Green - Phase | Kochi 0.90 100.00 0.90 10 DIAL (Aerocity) Delhi 0.78 50.00 0.39 || Prestige Metropolitan Chennai 0.39 45.00 0.18 12 Prestige Sky Tech Hyderabad 2.71 67.00 1.82 13 Prestige Lake Shore Drive Bengaluru 4.02 80.00 3.21 Total 18.85 Prestige GROUP Add Prestige to your life 14.64 018#19UPCOMING PROJECTS – 25 MN SF TDA - S.No. Project State/City TDA in Mn Sft Economic Interest Prestige Share (Mnsft) | Prestige Capital Square Bengaluru 0.17 65.00 0.11 2 Prestige Tech Forest Bengaluru 3.71 68.00 2.52 3 Prestoge Techzone Bengaluru 1.90 67.00 1.27 4 Prestige Tech Habitat Bengaluru 4.24 68.00 2.88 5 Prestige Waterfront Bengaluru 0.70 60.00 0.42 6 Prestige Cyber Green - Phase II Kochi 0.62 100.00 0.62 7 Prestige Tech Hub Bengaluru 1.23 60.00 0.74 00 8 Prestige IOI Mumbai 2.16 50.00 1.08 9 Prestige 102 Mumbai 2.16 50.00 1.08 10 Prestige Liberty Towers Mumbai 3.25 50.00 1.62 || Prestige Tech park 5 Bengaluru 0.13 100.00 0.13 12 Shipco Kolar 2.12 70.00 1.49 13 Prestige Landmark Bengaluru 2.21 50.00 I.ll Total 24.60 Prestige GROUP Add Prestige to your life 019 15.07#20SHOPPING MALLS 10 Completed Projects 3 Across 7 mnsft Ongoing Projects Across 3 mnsft 4 Under planning Projects FORUM Across 3 mnsft Brand FORUM phuponing Happening? FORUM SHANTINIKETAN UNO *1,034 mn Exit Rent pa *3,000+ mn Incremental Projected Rent pa FORUM SHANTIMNEN Prestige Shantiniketan- Shot at site NOVEMBER 22, 5PM Prestige GROUP Add Prestige to your life 20 20#21OPERATING ASSETS - Exit rental of ₹ 1,034 mn Prestige GROUP Add Prestige to your life S.No. Project Name Leasable Area Interest (%) Interest (MnSf) Rent P.A. | Forum Sujana Mall Hyderabad 0.81 15.00 0.12 149 2 Forum Fiza Mall 0.66 10.20 0.07 31 3 Forum Vijaya Mall Forum Mall Shantiniketan 0.64 50.00 0.32 412 0.64 9.74 0.06 58 5 Forum Celebration Mall 0.39 15.00 0.06 34 6 Forum Mall Bengaluru 0.35 10.79 0.04 74 7 Forum Centre City Mall 0.31 15.00 0.05 58 8 The Forum Neighbourhood Mall 0.29 15.00 0.04 47 9 UB City Retail 0.10 45.00 0.05 148 10 Prestige Mysore Central 0.08 65.00 0.05 24 TOTAL 4.27 0.85 1,034 021#22ONGOING PROJECTS- 3 MN SF TDA Projects UPCOMING PROJECTS- 3 MN SF TDA Prestige GROUP Add Prestige to your life Location TDA PGS% PGS Projects Falcon City Forum Mall Bengaluru 1.27 62.00 0.79 Forum One OMR Forum Thomsun Location TDA PGS% PGS Chennai 1.45 47.60 0.69 Kochi 1.06 50.00 0.53 Forum Neighbourhood Mall Kochi 0.52 70.00 0.36 Forum Rex Walk Bengaluru 0.24 34.41 0.08 Forum 130 North Total 2.56 Bengaluru 1.20 100.00 1.20 1.40 The Prestige City Bengaluru 0.13 60.00 0.08 Total C 3.30 2.33 022#23LUXURY HOTELS 1,071 KEYS OPERATIONAL 367 KEYS UNDER PLANNING Sheraton Grand- Shot at site 1,076 KEYS ONGOING *5596+ mn Projected Rent pa ( *2,638 MN YIELDING) Sheraton ಶರನ್ Prestige GROUP Add Prestige to your life 23 23#24ONGOING PROJECTS- 1076 KEYS UPCOMING PROJECTS- 367 KEYS Prestige GROUP Add Prestige to your life Projects Projects Location Keys PGS% PGS Location Keys PGS% PGS% Prestige Hillside Retreat- Tribute Portfolio Bengaluru 102 100.00 102 JW Marriott Hotel Bengaluru 297 100.00 297 MOXY Chennai OMR Chennai 125 70.00 88 DIAL Delhi 779 50.00 390 Tribute Portfolio- Kochi Kochi 32 50.00 16 Total D 1076 687 Prestige 13* North (W Hotel) Bengaluru 108 100.00 108 Total 367 314 024#25255 Completed Projects Across 144 mnsft 92+ Pipeline Projects Across 165 mnsft *5,000+ mn Revenue pa * 10,000+ mn incremental revenue pa Prestige Golfshire- Shot at site PROPERTY MANAGEMENT Prestige GROUP Add Prestige to your life#26LAND BANK S.No. Entity Name Location (Acres) Interest Share (Acres) Prestige Bidadi Holdings Pvt Ltd Bidadi, Bengaluru 143 100% 143 2 Village De Nandi Pvt Ltd Bengaluru 25 100% 25 3 Eden Investments 4 Prestige Estates Projects Ltd Total Potential Developable area of 27 mn sft (PG share 24 mn sft) Goa 74 78% 58 Chennai 20 66% 13 262 239 Prestige GROUP Add Prestige to your life 026#2734+ Years Of trust... Prestige GROUP Add Prestige to your life Residential | Office | Shopping Malls | Hospitality | Property Management FORUM oppo Camera Phone ViVO F1 Exper MSH STYLE MARKS& SPENCER LDIIYO& 6061 max மேக்ஸ்#28Prestige GROUP Add Prestige to your life 255 Projects across 144 mn sf Completed since since inception CRISIL DA1 Residential | Office | Shopping Malls | Warehousing And Logistics | Hospitality | Property Management W HOTE stige UP to your life The Falcon Club 28#29SCALE OF OPERATION | SUMMARY Area in mn sf Residential Particulars Commercial Retail Area in mn sf Hospitality Plotted Development Total Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Nos. Area Completed Projects 117 90.24 112 36.22 10 7.08 8 2.56 8 7.42 255 143.52 Ongoing Projects 26 28.78 13 18.85 4 2.56 2 3.90 2 4.14 47 58.23 Upcoming Projects 22 48.25 13 24.60 Land Bank/Deal pipeline TOTAL 3.30 4 0.61 2 2.67 45 79.43 27.00 165 167 138 80 18 13 14 7 12 14 347 308.18 Prestige GROUP Add Prestige to your life 029#30BOARD Irfan Razack Chairman & Managing Director Rezwan Razack Joint Managing Director Noaman Razack Whole-time Director Prestige GROUP Add Prestige to your life Uzma Irfan Whole-time Director Jagdeesh K. Reddy Independent Director B.G. Koshy Independent Director Noor Ahmed Jaffer Independent Director Dr. Pangal Ranganath Nayak Independent Director Neelam Chhiber Independent Director 030#31EXECUTIVE MANAGEMENT Faiz Rezwan Executive Director- Contracts & Projects Zaid Sadiq Executive Director- Liasion & Hospitality Anjum Jung Executive Director- Interior Design Omer Bin Jung Executive Director- Hospitality Nayeem Noor Executive Director- Government Relations Zayd Noaman Prestige GROUP Add Prestige to your life Executive Director- CMD's Office Zackria Hashim Venkat K Narayan Executive Director- Land Acquisition Chief Executive Officer 031#32EXECUTIVE MANAGEMENT Arvind Pai Executive Director- Legal Suresh Singaravelu Executive Director- Retail, Hospitality Swaroop Anish Executive Director- Business Development Prestige GROUP Add Prestige to your life V. Gopal Jagdeep Singh Marwaha Executive Director- CEO -Prestige Office Ventures Lt. Col. Milan Khurana (Retd.) Executive Director - HR, IT & Admin Amit Mor Chief Financial Office 032 Projects & Planning#33DISCLAIMER Prestige GROUP Add Prestige to your life This presentation has been prepared by Prestige Estates Projects Limited ("Company") solely for providing information about the Company. It contains certain forward looking statements concerning Prestige Estates Projects Ltd's future business prospects and business profitability, which are subject to a number of risks and uncertainties and the actual results could materially differ from those in such forward looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties, regarding fluctuations in earnings, our ability to manage growth, competition, economic growth in India, ability to attract and retain highly skilled professionals, time and cost over runs on contracts, government policies and actions with respect to investments, fiscal deficits, regulation etc., interest and other fiscal cost generally prevailing in the economy. The company does not undertake to make any announcement in case any of these forward looking statements become materially incorrect in future or update any forward looking statements made from time to time on behalf of the company. 033#34Prestige Jasdan Clasic, Mumbai- Perspective INVESTOR PRESENTATION RESULTS FOR THE Q2 & HALF YEAR ENDED 30th SEPTEMBER, 2021 Thank You For any queries Please contact, E: [email protected] Registered Office- No. 19, Brunton Road, ( Off M.G Road) Bangalore 560 025 Landmark- Trinity Metro Station T: +91-80-25001 248, F: +91-80-25591945, Website: www.prestigeconstructions.com Prestige GROUP Add Prestige to your life