Académique Documents
Professionnel Documents
Culture Documents
InvestorPresentation Q1FY201516
(CIN:L85110KA1995PLC019126)
Q1FY16 KeyHighlights
Consolidated Q1 FY 201516 Revenue was Rs. 3,537 Mn (83% increase over Q1
FY15; 9% decrease over Q4 FY15) and PAT of Rs. 246 Mn (286% increase over
Q1 FY15; 28% decrease over Q4 FY15)
Standalone Q1 FY 201516 Revenue of Rs. 2,975 Mn (77% increase over Q1
FY15; 3% decrease over Q4 FY15) and PAT of Rs. 221 Mn (198% increase over
Q1 FY15; 26% decrease over Q4 FY15)
Our projects Brigade Lakefront Blue and Brigade Palmgrove Villas reached
revenue recognition during the quarter
ConsolidatedFinancials Snapshot
AmountsinRs.Mn
Turnover
EBITDA
3,938
1,187
3,573
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500
1,078
1,200
639
1,000
1,958
800
600
400
200
Q1FY15
Q4FY15
Q1FY15
Q1FY16
PAT
Q4FY15
Q1FY16
YoYGrowth%
341
350
300
250
200
150
100
50
286%
246
300%
250%
200%
64
150%
83%
100%
69%
50%
Q1FY15
Q4FY15
Q1FY16
0%
Turnover
EBITDA
PAT
ConsolidatedFinancials Snapshot
AmountinRs.Mn
Particulars
Turnover
EBITDA
Interest
ProfitafterInt
Depreciation
PBT
Tax
PAT
PATafterMI
EBITDA/Sales
PBT/Sales
PAT/Sales
Q1
FY16
3,573
1,078
443
635
236
399
154
246
243
30.2%
11.2%
6.9%
Q4
FY15
3,938
1,187
404
783
217
566
225
341
306
30.1%
14.4%
8.7%
Q1
FY15
Q1FY16on Q1FY16on
Q4FY15
Q1 FY15
(%Increase) (%Increase)
1,958
639
294
346
236
110
46
64
66
32.7%
5.6%
3.3%
9%
9%
10%
19%
9%
29%
32%
28%
21%
83%
69%
51%
84%
0%
263%
232%
286%
268%
StandaloneFinancials Snapshot
AmountinRs.Mn
Particulars
Turnover
EBITDA
Interest
ProfitafterInt
Depreciation
PBT
Tax
PAT
EBITDA/Sales
PBT/Sales
PAT/Sales
Q1
FY16
2,975
919
354
566
222
344
123
221
30.9%
11.6%
7.4%
Q4
FY15
3,070
986
323
663
191
472
175
297
32.1%
15.4%
9.7%
Q1
FY15
Q1FY16on Q1FY16on
Q4FY15
Q1 FY15
(%Increase) (%Increase)
1,682
595
260
335
221
115
41
74
35.4%
6.8%
4.4%
3%
7%
9%
15%
16%
27%
30%
26%
77%
54%
36%
69%
1%
200%
203%
198%
ConsolidatedSegmentContribution
3 Months ending June 2015
ContributiontoTotalRevenue
ContributiontoGrossProfit
Hospitality
12%
LeaseRentals
14%
Hospitality
19%
LeaseRentals
22%
RealEstate
74%
ContributiontoEBITDA
ContributiontoPBT
Hospitality
LeaseRentals 9%
10%
Hospitality
13%
LeaseRentals
31%
RealEstate
59%
RealEstate
56%
RealEstate
81%
Consolidated SegmentProfitAnalysis
Particulars
Revenue
Expenses
Grossprofit
GrossprofitMargin%
AdminExpenses
Employeecost
EBIDTA
EBIDTA/Revenue %
Interest
Profit afterinterest
Depreciation
PBT
PBT/Revenue %
IncomeTax
PAT
32%
32
106
69
37
9%
68%
137
196
158
38
8%
30%
443
635
236
399
11%
154
246
7
Standalone SegmentTrend
3 Months ending June 2015
SegmentGrossMargin
SegmentRevenueas%ofTotalRevenue
80%
75%
72%
FY15
Q1FY16
100%
FY15
Q1FY16
45%
42%
92%
87%
91%
86%
80%
60%
60%
40%
12%
20%
11%
16%
14%
40%
20%
0%
0%
RealEstate
Hospitality
RealEstate
LeaseRental
SegmentEBITDAMargin
100%
FY15
Q1FY16
81%
80%
40%
100%
80%
42%
18%
FY15
82%
62%
32%
40%
20%
20%
0%
0%
Hospitality
Q1FY16
60%
34%
21%
RealEstate
LeaseRental
SegmentPBTas%ofTotalPBT
80%
60%
Hospitality
LeaseRental
6%
RealEstate
Hospitality
4%
14%
LeaseRental
Standalone SegmentProfitAnalysis
3 Months ending June 2015
Particulars
Revenue
Expenses
Grossprofit
GrossprofitMargin%
AdminExpenses
Employeecost
EBIDTA
EBIDTA/Revenue %
Interest
Profit afterinterest
Depreciation
PBT
PBT/Revenue %
IncomeTax
PAT
RealEstate
2,236
1,305
931
42%
169
175
472
21%
185
287
5
282
13%
Hospitality
313
40
272
87%
107
59
106
34%
32
74
60
14
5%
AmountinRs.Mn
LeaseRental
Total
427
60
367
86%
15
7
341
80%
137
205
157
47
11%
2,975
1,405
1,570
53%
292
240
919
31%
354
566
222
344
12%
123
221
9
Consolidated CashFlows
AmountinRs.Mn
DirectMethodCashFlows
Particulars
FY201415
Q4FY201415
Q1FY201516
OperatingActivities
TotalCollections
ConstructionCost
EmployeeandAdminExpenses
Sales&MarketingExpenses
StatutoryPayments
OtherExpenses&Payments
NetCashFlowfromOperating
Activities
14,756
3,825
4,065
8,200
1,961
739
1,108
947
2,627
554
248
273
299
2,389
363
187
252
202
1,802
177
672
Contd.
10
FY201415
Q4FY201415
Q1FY201516
475
475
111
2,438
510
3,519
411
791
510
1,744
141
500
49
757
189
6,403
2,711
1,384
FinancingActivities
DebtDrawdown
ShareIssue
7,326
1,063
3,698
192
1,890
0
DividendPayment
DebtRepayment
InterestPayment
224
2,129
1,229
0
608
338
0
863
419
4,806
205
2,944
57
608
104
ConstructionCost(CWIP)
InvestmentinSubsidiaries
InvestmentinLand/JD/JV/TDR
OtherInvestments
NetCashFlowfromInvestmentActivities
NetCashFlowfromFinancingActivities
NetCashFlowsforthePeriod
11
Standalone CashFlows
AmountinRs.Mn
DirectMethodCashFlows
Particulars
FY201415
Q4FY201415
Q1FY201516
OperatingActivities
TotalCollections
ConstructionCost
EmployeeandAdminExpenses
Sales&MarketingExpenses
StatutoryPayments
OtherExpenses&Payments
NetCashFlowfromOperating
Activities
11,154
2,891
2,831
6,245
1,270
588
747
879
2,001
359
198
184
287
1,648
272
129
163
84
1,426
137
535
Contd.
12
FY201415
Q4FY201415
Q1FY201516
35
30
2,173
510
1,277
211
705
510
633
86
500
49
737
4
4,136
1,904
1,290
FinancingActivities
DebtDrawdown
ShareIssue
6,108
25
3,083
4
1,890
DividendPayment
DebtRepayment
InterestPayment
224
2,028
1,151
0
579
316
0
788
372
2,729
19
2,192
151
730
25
ConstructionCost(CWIP)
InvestmentinSubsidiaries
InvestmentinLand/JD/JV/TDR
OtherInvestments
NetCashFlowfromInvestmentActivities
NetCashFlowfromFinancingActivities
NetCashFlowsforthePeriod
13
DeploymentofFunds Consolidated
ProfitabilityRatios
CapitalEmployed
22%
25%
20%
LeaseRental
38%
RealEstate
46%
17%
13%
RealEstate
15%
Hospitality
10%
LeaseRental
5%
Hospitality
16%
0%
PBD/Equity%
EBITDA/OCE%
Equity
Debt
Capital
Employed
D/E
Ratio
PBD/
Equity%
OperatingCapital EBITDA/
Employed(OCE)
OCE%
RealEstate
6,007
7,039
13,046
1.17
22%
13,046
19%
Hospitality
3,253
1,106
4,359
0.34
13%
2,955
19%
LeaseRental
4,632
6,144
1,476
13,892 12,813
10,776
1.33
17%
7,172
19%
28,181
0.92
18%
23,172
19%
Less:CashBalance
Total
Ratiosareannualised;PBD=ProfitBeforeDepreciation&Tax(AfterInterest)
14
DeploymentofFunds Standalone
ProfitabilityRatios
CapitalEmployed
30%
20%
25%
LeaseRental
40%
RealEstate
45%
19%
18%
20%
15%
16% 15%
RealEstate
Hospitality
10%
LeaseRental
10%
5%
Hospitality
15%
0%
PBD/Equity%
EBITDA/OCE%
Equity
Debt
Capital
Employed
D/E
Ratio
PBD/
Equity%
OperatingCapital EBITDA/
Employed(OCE)
OCE%
RealEstate
5,774
6,309
12,083
1.09
20%
12,083
16%
Hospitality
3,050
1,106
4,156
0.36
10%
2,752
15%
LeaseRental
4,564
6,144
10,708
1.35
18%
7,103
19%
786
13,388 12,773
26,947
0.95
17%
21,938
17%
Less:CashBalance
Total
Ratiosareannualised;PBD=ProfitBeforeDepreciation&Tax(AfterInterest)
15
Debt&CostMovement
14.0%
16,000
Debt
14,000
13.6%
InterestRate
AmountinRs.Mn
13,559 13.5%
13.3%
13.1%
13.1%
12,414
12.8%
12,000
13.0%
12.4%
9,850
10,000
9,226
8,508
9,168
12.5%
9,992
9,815
8,637
8,813
8,433
8,308
12.3%
8,000
12.2%
8,380
12.2%
12.5%
8,910
12.1%
12.2%
11.9%
12.0%
11.5%
6,000
11.4%
4,000
11.0%
2,000
10.5%
10.0%
Mar12
Sep12
Mar13
Sep13
Mar14
Sep14
Mar15
Conservativeleverage&consistentimprovementincostofdebt
16
CreditRating
ICRAA
CRISILA
ICRAA
ICRABBB+
ICRABBB
ICRABBB
Jul09
Jan10
Jul10
Jan11
Jul11
Jan12
Jul12
Jan13
Jul13
Jan14
Jul14
ConsistentimprovementinCreditRating
17
SalesVolumeAnalysis
QuarterlyAreaSales
Residential
900
800
700
600
500
400
300
200
100
Commercial
83
31
132
715
5
48
203
16
723
678
473
51
394
761
700
462
568
Allfiguresareinsft 000
FY201314
Q1
Residential
Commercial
Total
Q2
Q3
FY201415
Q4
715
678
473
394
31
132
203
715
709
605
597
Year
Q1
2,260 462
Q2
Q3
FY201516
Q4
Year
Q1
723
761
700
2,646
568
16
83
51
155
48
2,626 478
806
812
704
2,801
616
366
Note:AllSalesexcludeLandOwnerunitsales;Q1FY16salesofLandOwnersharewas27,660sft
SalevolumeinQ1FY201516was29%higherthanpreviousyear
18
SalesValueAnalysis
QuarterlySalesValue
Residential
5,000
4,000
507
218
270
41
1,016
3,000
2,000
Commercial
928
3,345
1,000
91
3,580
3,364
2,579
1,994
304
2,387
3,882
3,457
3,032
AllAmountsinRs.Mn exceptAverageRate/SFTwhichisinRs.
Residential
Commercial
Total
Avg Rate/SFT
%Inc inAveRate
Q1
3,345
3,345
4,678
6%
FY201314
Q2
Q3
Q4
Year
3,364 2,579 1,994 11,282
218 1,016 928 2,162
3,582 3,595 2,922 13,444
5,050 5,946 4,892 5,119
8% 18% 18%
22%
Q1
2,387
91
2,478
5,187
6%
FY201415
FY201516
Q2
Q3
Q4
Year
Q1
3,580 3,882 3,457 13,306
3,032
507 270
910
304
41
4,087 4,152 3,498 14,216
3,336
5,071 5,111 4,967 5,076
5,415
2%
1% 3%
1%
9%
Note:AllSalesexcludeLandOwnerunitsales;Q1FY16salesofLandOwnersharewasRs.132Mn
SalevalueinQ1FY201516was35%higherthanpreviousyear
19
OngoingProjects Summary
Areain000SFT
Projects
RealEstateprojects
Brigade Orchards*
Brigade Cosmopolis *
TotalRealEstate
Brigade Nalapad Centre
BrigadeOrionEast
Brigade Vantage,Mysore
Brigade VantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
BrigadeInfoPark,Kochi
TotalLeaseRental
HolidayInnChennai*
BrigadeOrchardsSignatureClub*
Mercure,Mysore
HolidayInnExpress
TotalHospitality
GrandTotal
Project
Area
11,630
2,433
1,206
15,269
524
267
131
133
376
125
388
1,943
229
89
105
169
591
17,803
LO/JV
share
2,504
1,216
591
4,312
262
118
66
66
188
88
787
114
45
159
5,257
CoShare
TotalProjectArea
Hospitality
3%
9,126
LeaseRental
11%
1,216
615
10,957
262
150
RealEstate
86%
66
66
188 CompanyShareProjectArea
Hospitality
38
4%
LeaseRental
388
9%
1,157
114
45
105
169
Residential
87%
433
12,547 *ThroughSPV
20
3.64
0.09 15.36
2.50
Coshareofsaleablearea
9.13
3.64
Soldtilldate
4.84
2.19
7.03
Tobesold
4.28
1.45
Rs.InMn
0.09
5.82
EstimatedSalevalue
46,893
18,863
807 66,564
ValueofSoldunits
23,532
10,818
0 34,350
Valueofunsoldunits
23,362
8,045
807 32,214
Collectiontilldateonsoldunits
Balancecollectionfortheprojects(includingunsold
units)A
14,286
4,643
0 18,929
32,607
14,220
807 47,635
2.50
0.09 12.86
21
Total
RevenueRecognisedtilldate
10,926
3,561
0 14,488
RevenuetobeRecognised(incl unsoldunits)
35,967
15,301
807 52,076
Estimatedcostfortheprojects(incl Land/NRD)
33,258
13,788
416 47,462
Costincurredtilldate
14,521
6,842
416 21,780
BalancecosttobeincurredtofinishtheprojectB
18,736
6,946
0 25,682
EstimatedProfitfortheprojects
13,636
5,075
391 19,102
2,978
716
10,658
4,359
6,309
1,448
Profitrecognisedtilldate
Profittoberecognised(incl unsoldunits)
PresentBorrowingsC
OperatingCashFlowsD=(ABC)
Periodofrealization
7,562
3Years
3,694
391 15,408
0
7,756
5,827
807 14,196
3Years
6Months
22
Leasedout
625
LeasableArea
645
200
117
794
117
400
600
WTC
SouthParade
818
800
OrionMall
1,000
Solitaire
1,200
33
10 40
1,400
1,600
1,800
Others
Areain000SFt
Project
LeasableArea Leasedout TobeLeased
WTCBangalore
645
625
20
BrigadeSouthParade
117
117
0
OrionMallatBrigadeGateway
818
794
24
BrigadeSolitaire
10
7
3
Others
40
33
7
Total
1,630
1,576
54
InadditiontotheWorldTradeCenter inBangalore,BrigadeGroupalsoholdstheexclusive
LicenseforWorldTradeCenters atKochi,Hyderabad,Chennai&Thiruvananthapuram
23
HospitalityBusiness
GRANDMERCURE
SHERATON
Details
Q1FY1516
Q1FY1415
FY1415
Q1FY1516 Q1FY1415
FY1415
NoofKeys
126
126
126
230
230
230
Occupancy
76%
80%
78%
79%
69%
72%
ARR(Rs.)
6,796
6,740
6,757
7,453
7,114
7,811
GOP
48.5%
48.5%
48.5%
40.5%
39.9%
41.0%
24
LandBank Group
As on June 2015
LandArea
(inacres)
Location
Bangalore
TotalCost*
AmountinRs.Mn
Paid
Payable
427
11,481
7,153
4,328
Chennai
57
775
430
345
Kochi
22
281
281
Mangalore
29
54
46
GIFT,Gujarat
12
1,200
299
901
Mysore
20
94
13,885
83
8,293
11
5,592
Total
566
*IncludesRefundable/Non
RefundableDepositsfor
JointDevelopments
GIFT
Mangalore
Kochi
Mysore
Chennai
GIFTCity
Hyderabad
Bangalore
Mangalore
Chennai
Kochi
Bangalore
Mysore
25
LandBank DevelopableArea
ProjectArea Product
Retail
As on June 2015
ProjectArea Location
GIFT
Mangalore
Mysore
Cochin
Hotel
Commercial
Lease
Chennai
Commercial
Sale
Residential
Bangalore
Product
Residential
CommercialSale
Commercial
Lease
Retail
Hotel
Total
Noof
Projects
Proj Area
SFT inMn
40
4
33.7
1.4
12
4
5
65
11.7
1.8
0.7
49.3
BEL
Share
SFT inMn
Location
Bangalore
25.2
Chennai
0.8
Cochin
9.3 Mangalore
1.4 GIFT
0.7 Mysore
37.3 Total
Noof
Projects
48
3
3
3
4
4
65
Proj Area
SFT inMn
39.4
4.5
0.6
2.9
1.1
0.8
49.3
BEL Share
SFTinMn
29.8
2.5
0.6
2.8
1.1
0.6
37.3
26
BrigadeOmega II(7Gardens)
BrigadePalmgroveapartments
B.OakTreePlace(Atmosphere)
B.MeadowsPlumeria
B.Orchards AssistedLiving
B.MetropolisChennaiPh1
B.Orchards Juniper
B.PanoramaII
B.GIFT,Gujarat
B.PinnacleII
BrigadeTopaz
B.Cosmopolis PhaseIII
BrigadeNorthridgeII
ResidentialTotal
City
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential
Bangalore
Mysore
Bangalore
Bangalore
Bangalore
Chennai
Bangalore
Bangalore
Gujarat
Mangalore
Mysore
Bangalore
Bangalore
Land
Area
Projec
tArea
BEL
Share
Acres
Mn sft
Mn sft
8.4
2.5
18.6
17.5
0.7
11.9
5.1
5.2
3.7
4.0
1.2
2.2
1.4
82.2
0.87
0.14
0.34
0.90
0.05
0.77
0.70
0.65
0.34
0.42
0.09
0.33
0.16
5.75
0.55
0.10
0.24
0.90
0.02
0.46
0.35
0.48
0.34
0.29
0.06
0.17
0.10
4.07
Launch
Plan
Q2
Q2
Q2
Q2
Q3
Q3
Q3
Q3
Q3
Q3
Q3
Q3
Q4
27
B.MeadowsCommercial
B.OrchardsComml &Retail
CommercialSaleTotal
BrigadeOpus
WTCKochi Phase2
GIFT,Gujarat
OrionOMR
TotalCommercial&Retail
FourPointsbySheraton
GIFT,Gujarat
HolidayInnExpress,Metagalli
HospitalityTotal
GrandTotal
City
CommercialSale
CommercialSale
Bangalore
Bangalore
CommercialLease Bangalore
CommercialLease
Cochin
CommercialLease Gujarat
Retail
Bangalore
Hotel
Hotel
Hotel
Cochin
Gujarat
Mysore
Land
Area
Project
Area
BEL
Share
Acres
Mn sft
Mn sft
1.3
2.8
0.07
0.24
0.07
0.12
4.1
2.3
2.5
2.9
3.5
11.1
0.9
1.1
1.4
3.4
100.8
0.30
0.32
0.39
0.26
0.35
1.30
0.10
0.10
0.13
0.30
7.70
0.20
0.32
0.39
0.26
0.25
1.20
0.10
0.10
0.13
0.30
5.79
Launch
Plan
Q2
Q3
Q2
Q2
Q3
Q3
Q2
Q3
Q4
28
29
AnnexureI
ProjectDetails
OngoingBELProjects Sales
======AreainSFT=====
Project
BrigadeMeadows1
BrigadeMeadows2(Wisteria)
BrigadeLakefront
BrigadeExotica1&2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmegaA,B&C
BrigadePalmgrove Villas
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeMagnum
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeGTSignatureTower
Total
LandOwnerShare
Totalprojectsize
Cos share
Sold
6,49,000 5,85,540
4,41,020 2,68,800
14,22,946 7,54,770
14,41,730 5,43,500
1,02,975
21,120
6,79,310 6,31,410
5,77,200 3,65,510
1,63,930
55,370
4,39,019 1,91,910
2,11,690 1,91,710
1,46,100
62,530
2,20,606
93,540
91,821
56,620
5,27,420 1,56,150
2,89,880 1,70,330
3,86,698 3,00,900
4,26,160
49,400
5,18,024 2,85,405
3,90,000
57,920
91,25,529 48,42,435
25,04,012
1,16,29,541
AmountinRs.Mn
Unsold
63,460
1,72,220
6,68,176
8,98,230
81,855
47,900
2,11,690
1,08,560
2,47,109
19,980
83,570
1,27,066
35,201
3,71,270
1,19,550
85,798
3,76,760
2,32,619
3,32,080
42,83,094
Salestilldate
2,039
1,102
4,639
2,637
238
2,824
1,768
277
788
865
489
507
187
600
1,287
1,581
246
1,153
306
23,532
Future
Sales
244
715
4,276
5,098
778
233
1,151
619
988
90
752
762
116
1,448
1,040
463
1,827
1,000
1,760
23,362
31
OngoingSPVProjects Sales
======AreainSFT=====
Project
Saleable
Area
Sold
AmountinRs.Mn
Unsold
Salestill
date
Future
Sales
BrigadeCosmopolis PhaseI
8,36,430
6,30,570
2,05,860
4,243
1,441
BrigadeCosmopolis PhaseII
3,70,000
1,52,300
2,17,700
1,057
1,589
BrigadeOrchards Villas
4,78,975
1,74,305
3,04,670
1,072
1,980
BrigadeOrchards Aspen
2,88,480
2,87,470
1,010
839
BrigadeOrchards Banyan
2,98,080
2,81,460
16,620
859
53
BrigadeOrchards Cedar
5,38,964
2,37,270
3,01,694
998
1,297
BrigadeOrchards Deodar
6,26,508
3,25,770
3,00,738
1,319
1,263
BrigadeOrchards Parkside
2,01,835
1,02,380
99,455
432
418
10,818
8,045
TotalSPVs
32
OngoingBELProjects Revenue
AmountinRs.Mn
Project
BrigadeMeadows1
BrigadeMeadows2(Wisteria)
BrigadeLakefront
BrigadeExotica1&2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmegaA,B&C
BrigadePalmgrove Villas
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeMagnum
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeGTSignatureTower
Total
Estimated
SalesValue
2,283
1,817
8,915
7,735
1,016
3,057
2,919
896
1,776
955
1,241
1,269
303
2,048
2,327
2,045
2,073
2,153
2,066
46,893
Collected
1,635
298
2,306
1,968
194
2,085
1,266
176
608
746
347
367
61
393
1,173
313
46
203
101
14,286
Tobe
Revenue
Revtobe
collected
recognized
recognized
648
1,491
793
1,518
430
1,387
6,610
2,016
6,900
5,766
1,914
5,821
822
1,016
973
1,289
1,769
1,652
912
2,006
720
109
786
1,168
379
1,397
208
501
454
895
261
980
902
265
1,004
242
45
258
1,655
276
1,772
1,154
1,039
1,288
1,732
2,045
2,028
2,073
1,950
2,153
1,965
2,066
32,607
10,926
35,967
33
OngoingSPVProjects Revenue
Estimated
Collected
SalesValue
BrigadeCosmopolis PhaseI
5,684
2,237
BrigadeCosmopolis PhaseII
2,646
247
BrigadeOrchards Villas
3,052
453
BrigadeOrchards Aspen
842
691
BrigadeOrchards Banyan
912
515
BrigadeOrchards Cedar
2,295
180
BrigadeOrchards Deodar
2,582
233
BrigadeOrchards Parkside
850
86
Total SPVs
18,863
4,643
Project
AmountinRs.Mn
Tobe
Revenue Revtobe
collected recognized recognized
3,447
2,002
3,682
2,398
2,646
2,599
406
2,646
151
685
158
398
469
444
2,115
2,295
2,348
2,582
764
850
14,220
3,561
15,301
34
Total
Est Total
Cost
Costtobe
Est
Profit
Profittobe
Cost
incurred
incurred
Profit recognized
recognized
1,529
1,216
314
754
475
279
1,116
485
631
701
164
536
5,730
2,124
3,606 3,185
693
2,492
5,176
3,086
2,090 2,559
494
2,065
845
386
460
171
171
2,352
1,085
1,267
705
273
432
2,355
1,192
1,163
564
118
446
692
360
332
204
17
187
1,553
792
761
223
52
171
809
473
336
146
77
69
850
519
331
391
67
324
1,026
593
433
243
37
206
240
130
109
63
9
54
1,405
344
1,061
642
81
562
1,304
1,052
251 1,023
420
603
1,506
50
1,456
538
538
1,174
202
972
899
899
2,071
145
1,926
82
82
1,523
287
1,237
543
543
33,258
14,521
18,736 13,636
2,978
10,658
35
OngoingSPVProjects Profitability
AmountinRs.Mn
Project
BrigadeCosmopolis PhaseI
BrigadeCosmopolis PhaseII
BrigadeOrchards Villas
BrigadeOrchards Aspen
BrigadeOrchards Banyan
BrigadeOrchards Cedar
BrigadeOrchards Deodar
BrigadeOrchards Parkside
Total SPVs
Costto
Est
Est
Profit
Profittobe
Cost
be
Total
Profit
recognized
recognized
incurred
incurred
Cost
3,533
2,003
1,530
2,151
737
1,414
1,792
728
1,064
854
854
2,422
1,631
791
630
73
557
936
777
159
94
94
0
910
563
347
2
0
3
1,719
468
1,251
576
576
1,838
461
1,376
744
744
639
211
428
211
211
13,788
6,842
6,946
5,075
716
4,359
36
CapexCommitment
AmountinRs.Mn
Projects
BrigadeNalapad Centre
BrigadeOrionEast
BrigadeVantage,Mysore
BrigadeVantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
WTC,Kochi
TotalCommercial
HolidayInnChennai*
BrigadeOrchardsSignatureClub*
GrandMercure,Mysore
HolidayInnExpress,Bangalore
TotalHospitality
GrandTotal
Estimated
LoanTied
Incurred Balance
up
cost
1,377
1,118
240
476
1,117
388
1,227
5,942
1,120
458
1,030
1,000
3,608
9,550
622
981
87
265
486
193
834
3,467
708
264
385
162
1,519
4,986
755
137
153
210
631
195
394
2,475
412
194
645
838
2,089
4,564
500
740
1,240
500
500
1,740
*ThroughSPV
37
THANKYOU
BrigadeEnterprisesLtd
(CIN:L85110KA1995PLC019126)
29th &30th Floor,WorldTradeCenter,
BrigadeGatewayCampus,
26/1,Dr. Rajkumar Road,
MalleswaramRajajinagar,
Bangalore560055.
Phone:918041379200
Fax:918022210784
www.brigadegroup.com
KSuresh
ChiefFinancialOfficer
Email:sureshkris@brigadegroup.com
OmPrakashP
CompanySecretary
Email:omprakash@brigadegroup.com
PradyumnaKrishnakumar
EAtoCMD&Analyst
Email:pradyumna@brigadegroup.com
Vikas Jain
Sr.ManagerFinance&Analyst
Email:vikasjain@brigadegroup.com
Disclaimer:
The information in this presentation contains certain forwardlooking statements. These include statements regarding outlook on future development schedules,
business plans and expectations of Capital expenditures. These statements are based on current expectations that involve a Number of risks and uncertainties
which could cause actual results to differ from those anticipated by the Company.
38