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BrigadeGroup

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

Unrecognized Revenue on Ongoing Real Estate projects (including unsold)


stands at Rs. 52,000 Mn
2

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

3 Months ending June 2015


AmountinRs.Mn
RealEstate
Hospitality
Leaserentals
Total
2,655
430
488
3,573
1,511
66
61
1,638
1,145
363
426
1,934
43%
85%
87%
54%
241
138
76
455
180
88
15
282
608
137
333
1,078
23%
274
334
9
325
12%

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

Consolidated CashFlows (Contd.)


AmountinRs.Mn
Particulars
InvestmentActivities
InvestmentsMatured

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

Standalone CashFlows (Contd.)


AmountinRs.Mn
Particulars
InvestmentActivities
InvestmentsMatured/InterCompany

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%

19% 19% 19%

17%
13%

RealEstate

15%

Hospitality
10%

LeaseRental

5%
Hospitality
16%

0%
PBD/Equity%

EBITDA/OCE%

Figures as on June 2015; Amounts are in Rs. Mn


Segment

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%

Figures as on June 2015; Amounts are in Rs. Mn


Segment

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

Q1FY14 Q2FY14 Q3FY14 Q4FY14 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16

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

Q1FY14 Q2FY14 Q3FY14 Q4FY14 Q1FY15 Q2FY15 Q3FY15 Q4FY15 Q1FY16

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

SynopsisofOngoing Projects June 2015


Particulars
Totalsuperbuiltupareaoflaunchedprojectonsale
basis
Less:LOShare

OngoingBEL Ongoing Stock


Total
Projects SPVProjects Sales
InMn.Sft
11.63

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

SynopsisofOngoing Projects Contd.


Particulars

OngoingBEL Ongoing SPV Stock


Projects
Projects
Sales
Rs.InMn

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

Lease Position June 15


TobeLeased

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

Projects tobe Launched FY201516


Project

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

Total5.75Mn sft (BELShare4.07Mn sft)ofResidentialprojectstobe


launchedinFY201516

27

Projects tobe Launched FY201516


Project

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

Overall7.70Mn sft (BELShare5.79Mn sft)ofprojectstobe


launchedinFY201516

Launch
Plan
Q2
Q3
Q2
Q2
Q3
Q3
Q2
Q3
Q4

28

Awards &Recognition Q1FY16


Brigade Group has been Ranked No 1 in the Real Estate Industry and No. 28 across all
industries in India as Indias Great Companies to Work for 2015 by Great Place to Work
Institute and The Economic Times.
Brigade Caladium received the Best Ultra Luxury Project of the year North Bangalore
at the SiliconIndia Bangalore Real Estate Awards 2015.
Brigade Group won the Hotel Owner of the Year award at The Hospitality Leaders
Industry Choice Awards 2015
Mr. Jaishankar, CMDBrigade Group received the Significant Achievement Award at the
Vocational Service Awards Night organised by Rotary Club, Chikmagalur.
Mr. Vineet Verma was felicitated by the Bangalore Chamber of Industry & Commerce
at their 38th AGM for his contribution during 201415 as Chairman of the Tourism,
Media & Leisure Committee.

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

36,39,272 21,91,525 14,47,747

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

Ongoing BELProjects Profitability


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

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