BrigadeGroup

InvestorPresentation Q4FY201516

(CIN:L85110KA1995PLC019126)

ConsolidatedFinancialHighlights

FY 201516:
Revenue of Rs. 16,997 Mn 28% increase over previous year
PBT of Rs. 2,309 Mn 34% increase over previous year
PAT of Rs. 1,470 Mn 28% increase over previous year

Q4 FY 201516:
Revenue of Rs. 4,851 Mn 23% increase over Q4 FY15
PBT of Rs. 593 Mn 5% increase over Q4 FY15
PAT of Rs. 409 Mn 20% increase over Q4 FY15

Unrecognized Revenue on Ongoing Real Estate projects (including unsold) is Rs. 59,363 Mn

ConsolidatedFinancialsTrend
Turnover(Rs.Mn)

EBITDA(Rs.Mn)
16,997

20,000

13,308

15,000

5,233
4,031

6,000
3,184

5,000

9,667

4,000
10,000

3,000
2,000

5,000

1,000

FY14

FY15

FY14

FY16

FY15

PBT(Rs.Mn)

FY16

PAT(Rs.Mn)
1,470

2,309
1,150

2,500

1,725

2,000

1,500

899

1,235
1,000

1,500
1,000

500

500

FY14

FY15

FY16

FY14

FY15

FY16

ConsolidatedFinancials Snapshot
AmountinRs.Mn

Particulars
Turnover
EBITDA
Interest
ProfitafterInt
Depreciation
PBT
Tax
PAT
PATafterMI
EBITDA/Revenue
PBT/Revenue
PAT/Revenue

FY2016

FY16on
Q4
FY2015 FY15
FY16
(%Inc)

Q3
FY16

Q4
FY15

4,851
1,422
504
918
325
593
184
409
359

5,113
1,378
466
912
243
669
265
403
312

3,938
1,187
404
783
217
566
225
341
306

30.3%

29.3%

26.9%

30.1%

13.6%

13.0%

12.2%

13.1%

14.4%

8.6%

8.6%

8.4%

7.9%

8.7%

16,997
5,233
1,864
3,368
1,059
2,309
839
1,470
1,301

13,308
4,031
1,314
2,717
992
1,725
575
1,150
952

30.8%

28%
30%
42%
24%
7%
34%
46%
28%
37%

Q4FY16 Q4FY16
onQ3 onQ4
FY16
FY15
(%Inc) (%Inc)
5%

23%

3%

20%

8%

25%

1%

17%

33%

49%

11%

5%

31%

18%

1%

20%

15%

17%

ConsolidatedSegmentContribution
12MonthsendingMar2016
90%

80%

84%
78%

70%

62%

61%

60%

RealEstate

50%

LeaseRentals
40%

Hospitality
27%

30%

20%
17%

20%

12%

12% 11%

7%

10%

9%

0%
Revenue

GrossProfit

EBITDA

PBT

ConsolidatedSegmentProfitAnalysis
Particulars
Revenue
as%ofTotal

Expenses
Grossprofit
GrossprofitMargin%

AdminExpenses
SellingCost
Employeecost
EBIDTA
EBIDTA/Revenue%

Interest
Profit afterinterest
Depreciation
PBT
PBT/Revenue%

IncomeTax
PAT

AmountinRs.Mn
12MonthsendingMar2016
RealEstate
Hospitality
Leaserentals
Total
13,208
1,817
1,972
16,997
78%

11%

12%

100%

7,591
5,616

237
1,580

138
1,834

7,967
9,030

43%

87%

93%

53%

907
712
812
3,186

499
74
366
641

254
96
78
1,406

1,660
882
1,256
5,233

24%

35%

71%

31%

1,179
2,007
70
1,937

133
508
303
205

553
854
686
168

1,864
3,369
1,059
2,309

15%

11%

8%

14%

839
1,470 6

ConsolidatedCashFlows
DirectMethodCashFlows
Particulars

AmountinRs.Mn
FY2015

FY2016

Q4FY2016

OperatingActivities
TotalCollections
ConstructionCost
LOPayments
EmployeeandAdminExpenses
Sales&MarketingExpenses
StatutoryPayments
OtherExpenses&Payments
NetCashFlowfromOperatingActivities

14,756

19,526

5,148

8,770
756
1,391
739
1,108
191

11,392
415
1,514
926
1,374
382

3,115
80
489
266
444
269

1,802

3,523

485

Contd.
Note:Currentyearcashflowshavebeenreclassifiedwhererequired

ConsolidatedCashFlows(Contd.)
DirectMethodCashFlows
Particulars
InvestmentActivities
CashfromInvestmentActivities
ConstructionCost(CWIP)
InvestmentinLand/JD/JV/TDR
OtherInvestments
NetCashFlowfromInvestmentActivities
FinancingActivities
DebtDrawdown
ShareIssue/ShareholderDebt
DividendPayment
DebtRepayment
InterestPayment
Debenture Redemption
NetCashFlowfromFinancingActivities
NetCashFlowsforthePeriod
Note:Currentyearcashflowshavebeenreclassifiedwhererequired

AmountinRs.Mn
FY2015

FY2016

Q4FY2016

475

2,082

1,640

2,438
3,519
411

2,085
6,957
1,788

614
5,588
766

5,893

8,748

5,328

7,326
553

14,521
3,152

6,114
3,125

224
2,129
1,229
0

450
8,356
1,646
1,565

225
2,358
420
1,565

4,297
205

5,656
431

4,671
172

DeploymentofFunds Consolidated
CapitalEmployed

ProfitabilityRatios
36%

40%
25%

30%

LeaseRental
42%

RealEstate
47%

19%

20%

18%

RealEstate

18%

Hospitality

12%

LeaseRental

10%
Hospitality
11%

0%
PBD/Equity%

EBITDA/OCE%

FiguresasonMar2016;AmountsareinRs.Mn
Segment

Equity

Debt

Capital
Employed

D/E
Ratio

PBD/
Equity%

OperatingCapital EBITDA/
Employed(OCE)
OCE%

RealEstate

8,094

9,647

17,740

1.19

25%

17,740

18%

Hospitality

2,653

1,696

4,349

0.64

19%

1,805

36%

LeaseRental

7,256

8,647

15,903

1.19

12%

7,882

18%

2,088
18,003 17,902

37,993

0.99

19%

27,426

19%

Less:CashBalance
Total

PBD=ProfitBeforeDepreciation&Tax(AfterInterest)

ConsolidatedDebtProfile
AmountinRs.Mn
Particulars
Real Estate

March2015

March2016

7,278

9,647

970

1,696

Lease Rental

5,696

8,647

Gross Debt

13,944

Hospitality

Cost of Debt
Credit Rating

11.9%
CRISIL A
ICRA A

19,990

10.9%
CRISIL A
ICRA A

10

SalesVolumeAnalysis
QuarterlyAreaSales
Residential

1,000

600

140

48
16

761

723

400
200

51

83

800

700

462

Commercial

568

572

Q1FY16

Q2FY16

82

439

399

Q3FY16

Q4FY16

Q1FY15

Q2FY15

Q3FY15

Q4FY15

Allfiguresarein000sft
FY201415
Q1

Q2

Q3

FY201516
Q4

Year

Q1

Q2

Q3

Q4

YTD

Residential

462

723

761

700

2,646

568

572

439

399

1,978

Commercial

16

83

51

155

48

140

82

271

478

806

812

704

2,801

616

712

439

481

2,249

Total

Note:AllSalesexcludeLandOwnerunitsales;FY16salesofLandOwnersharewas141,511sft

SalevolumeforFY201516was20%lowerthanpreviousyear

11

SalesValueAnalysis
QuarterlySalesValue
Residential

Commercial

5,000

3,000

270

507

4,000

41

304

901

605

2,410

2,159

91
3,882

3,580

2,000

3,457

2,387

3,032

3,079

1,000

Q1FY15

Q2FY15

Q3FY15

Q4FY15

Q1FY16

Q2FY16

AllAmountsinRs.Mn exceptAverageRate/SFT
whichisinRs.``
FY201415
Residential
Commercial
Total
Avg Rate/SFT
%Inc inAveRate

Q1
2,387
91
2,478
5,187
6%

Q2
3,580
507
4,087
5,071
2%

Q3
3,882
270
4,152
5,111
1%

Q4
3,457
41
3,498
4,967
3%

Year
Q1
13,306 3,032
910
304
14,216 3,336
5,076 5,415
1%
9%

Q3FY16

Q4FY16

FY201516
Q2
Q3
Q4
YTD
3,079 2,410 2,159 10,680
901
0
605 1,810
3,980 2,410 2,764 12,490
5,591 5,485 5,741 5,554
3%
2%
5%
9%

Note:AllSalesexcludeLandOwnerunitsales;FY16salesofLandOwnersharewasRs.684Mn

SalevalueforFY201516was12%lowerthanpreviousyear

12

OngoingProjects Summary
Projects
RealEstateprojects
Brigade Orchards*
Brigade Cosmopolis *
TotalRealEstate
BrigadeOrionEast
Brigade VantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
BrigadeOpus
TotalLeaseRental
HolidayInnChennai*
BrigadeOrchardsSignatureClub*
Mercure,Mysore
HolidayInnExpress
TotalHospitality
GrandTotal
*ThroughSPV

Project
Area

13,922
3,121
1,539
18,583
266
133
376
125
319
1,219
229
82
105
169
584
20,386

Areain000sft
LO/JV
CoShare
share

2,982
1,561
754
5,297
118
66
188
88

460
114
41

155
5,911

TotalProjectArea

LeaseRental
6%

10,940
1,561
Hospitality
3%
785
13,286
149
66
Residential
91%
188
38
CompanyShareProjectArea
319 LeaseRental
5%
760
114
Hospitality
41
3%
105
169
429
Residential
14,474
92%

13

SynopsisofOngoing Projects Mar2016

OngoingBEL Ongoing Stock
Total
Projects SPVProjects Sales
InMn.Sft
Totalsuperbuiltupareaoflaunchedprojectonsale
13.92
4.66 0.09 18.67
basis
Less:LOShare
2.98
0
0 2.98

Particulars

10.94

4.66

Soldtilldate

5.39

2.62

8.01

Tobesold

5.55

0.09

7.68

Coshareofsaleablearea

0.09 15.69

EstimatedSalevalue

56,620

2.04
Rs.InMn
24,461

ValueofSoldunits

27,623

13,276

0 40,899

Valueofunsoldunits

28,997

11,185

547 40,729

Collectiontilldateonsoldunits
Balancecollectionfortheprojects(includingunsold
units) A

19,282

7,700

0 26,981

37,338

16,762

547 54,647

547 81,628

14

SynopsisofOngoing Projects Contd.

Particulars
RevenueRecognisedtilldate

OngoingBEL Ongoing SPV Stock

Total
Projects
Projects
Sales
Rs.InMn
15,139
7,126
0 22,265

RevenuetobeRecognised(incl unsoldunits)

41,480

17,336

547 59,363

Estimatedcostfortheprojects(incl Land/NRD)

40,572

18,473

300 59,345

Costincurredtilldate

20,734

10,185

300 31,220

BalancecosttobeincurredtofinishtheprojectB

19,837

8,288

0 28,125

EstimatedProfitfortheprojects

16,048

5,988

247 22,283

3,864

1,439

12,183

4,549

7,093

2,554

10,408

5,920

Profitrecognisedtilldate
Profittoberecognised(incl unsoldunits)
PresentBorrowingsC
OperatingCashFlowsD=(ABC)
Periodofrealization

3Years

3Years

5,304

247 16,979
0

9,647

547 16,875
6Months
15

LeasePosition Mar16
TobeLeased 8 102

144

612

Leasedout

629

LeasableArea

637

200

716

400

WTC,Bangalore

244

818
600

800

OrionMall

1,000

WTC,Kochi

111 44

388
1,200

1,400

SouthParade

1,600

117
1,800

56
2,000

Others
Areain000SFt

Project
LeasableArea Leasedout TobeLeased
WTCBangalore
637
629
8
OrionMallatBrigadeGateway
818
716
102
WTC,Kochi
388
244
144
BrigadeSouthParade
117
111
6
Others
56
44
12
Total
2,015
1,743
272
InadditiontotheWorldTradeCenter inBangaloreandKochi,BrigadeGroupalsoholdsthe
exclusiveLicenseforWorldTradeCenters atHyderabad,Chennai&Thiruvananthapuram 16

HospitalityBusiness
GRANDMERCURE

SHERATON

FY1516

FY1415

FY1516

FY1415

NoofKeys

126

126

230

230

Occupancy

82%

78%

82%

72%

ARR(Rs.)

6,470

6,757

7,600

7,811

GOP

48.8%

48.5%

41.0%

41.0%

Details

17

LandBank Group
LandArea
(inacres)

Location
Bangalore

TotalCost*

Paid

Payable

386

9,777

5,745

4,032

Chennai

72

6,153

5,803

350

Kochi

22

281

281

Mangalore

29

54

46

GIFT,Gujarat

12

957

272

684

Mysore

19

97

88

539

17,318

12,235

5,083

Total

GIFT Mysore
4%
Mangalore 2%
5%

*IncludesRefundable/Non
RefundableDepositsforJoint
Developments
Hyderabad

Mangalore

Chennai

Kochi

Chennai
13%

Kochi
4%

Bangalore
72%

Bangalore
Mysore

18

LandBank DevelopableArea
ProjectArea Location

ProjectArea Product

Mangalore
6%

Retail
3% Hotel
2%
Commercial
Lease
27%

Residential
CommercialSale
Commercial
Lease
Retail
Hotel
Total

Mysore
Chennai
Cochin
2%
13%
1%
Residential
65%

Commercial
Sale
3%

Product

GIFT
2%

Noof
Projects

Proj Area
SFT inMn

39
4

32.6
1.7

14
3
5
65

13.7
1.4
0.7
50.1

Bangalore
76%

BEL
Share
SFTinMn

Location

Bangalore
24.3
Chennai
0.9
Cochin
10.3 Mangalore
1.0 GIFT
0.7 Mysore
37.2 Total

Noof
Projects
46
5
3
3
4
4
65

Proj Area
SFT inMn
38.2
6.8
0.6
2.9
0.9
0.8
50.1

BEL Share
SFTinMn
28.7
3.6
0.6
2.8
0.9
0.6
37.2

ProjectsLaunched FY201516
Project

Product

City

Land
Area

Project
Area

BEL
Share

Acres

Mn sft

Mn sft

LaunchPlan

BrigadeMeadowsPlumeria
BrigadeOrchards Juniper
BrigadeCosmopolis PhaseIII
BrigadePalmgroveapartments
Brigade Atmosphere
BrigadePanoramaII
BrigadeBuenaVista
ResidentialTotal

Residential
Residential
Residential
Residential
Residential
Residential
Residential

Bangalore
Bangalore
Bangalore
Mysore
Bangalore
Bangalore
Mysore

7.8
5.1
2.2
2.5
18.6
5.2
3.9
45.3

1.13
0.70
0.33
0.14
0.35
0.58
0.39
3.62

1.13 LaunchedQ2
0.35 LaunchedQ2
0.17 LaunchedQ3
0.10 LaunchedQ4
0.25 LaunchedQ4
0.48 LaunchedQ4
0.39 PreLaunchedQ4
2.87

BrigadeMeadowsCommercial
BrigadeOpus
CommercialTotal
GrandTotal

Commercial Bangalore
Commercial Bangalore

1.3
2.3
3.6
48.9

0.07
0.32
0.39
4.01

0.07 LaunchedQ3
0.32 LaunchedQ4
0.39
3.26

Total4.01Mn sft (BELShare3.26Mn sft)ofProjectshavebeen

launchedinFY201516

20

ProjectstobeLaunched FY201617
Project

Product

City

Brigade7Gardens
BrigadeNorthridgeII
BrigadeTopaz
BrigadeLaguna
BrigadeXanadu Ph1
BrigadeVillas
BrigadeHebbal
BrigadePinnacleII
ResidentialTotal

Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential

Bangalore
Bangalore
Mysore
Bangalore
Chennai
Mysore
Mysore
Mangalore

BrigadeOrchards C&R
BrigadeSouthfields
CommercialSaleTotal

Commercial Bangalore
Commercial Bangalore

Land
Area

Project
Area

BEL
Share

Acres

Mn sft

Mn sft

8.4
1.4
1.2
2.8
11.9
15.0
1.0
4.0

0.87
0.16
0.09
0.30
0.77
0.49
0.11
0.42

0.55
0.10
0.06
0.18
0.46
0.34
0.08
0.29

45.7

3.21

2.06

2.8
3.5

0.24
0.38

0.12
0.22

6.3

0.62

0.34

LaunchPlan

Q1
Q1
Q2
Q2
Q2
Q4
Q4
Q4

Q1
Q3

Total3.21Mn sft (BELShare2.06Mn sft)ofResidentialProjectsand0.62Mn sft

CommercialSaleProjectshavebeenplannedforlaunchinFY201617

21

ProjectstobeLaunched FY201617
Project

WTCKochi Phase2
OrionOMR
BrigadeBrookfields
GIFT City
BrigadeTR
BrigadeSenate
TotalCommercial&Retail
FourPointsbySheraton
HolidayInnExpress,Metagalli
GIFT,Gujarat
HospitalityTotal
GrandTotal

City

CommercialLease
Retail
CommercialLease
CommercialLease
CommercialLease
CommercialLease

Cochin
Bangalore
Bangalore
Gujarat
Bangalore
Bangalore

Hotel
Hotel
Hotel

Cochin
Mysore
Gujarat

Land
Area

Project
Area

BEL
Share

Acres
Mn sft Mn sft
2.5
0.39
0.39
3.5
0.35
0.25
8.5
1.00
0.50
2.9
0.26
0.26
2.8
0.39
0.21
2.1
0.30
0.16
22.3
2.69
1.77
0.9
1.4
1.1

0.10
0.13
0.10

0.10
0.13
0.10

3.4
77.7

0.33
6.85

0.33
4.50

Overall6.85Mn sft (BELShare4.50Mn sft)ofprojectshavebeen

PlannedforlaunchinFY201617

Launch
Plan
Q1
Q1
Q2
Q2
Q3
Q4

Q1
Q2
Q3

22

Awards&Recognition

Brigade Exotica won the Luxury apartment project of the Year award at the NDTV
Property Awards 2015.

Brigade won the Developer of the year Commercial award for Brigade Magnum
at the Global Real Estate Brand Awards 2016.

Mr. Om Ahuja CEO Residential, Brigade Enterprises Ltd won the Most
Enterprising CEO of the Year award at the Global Real Estate Brand Awards 2016.

Orion East Mall won "Retail Property of the YearSouth" at the 5th Indian Retail &
eRetail Awards 2016

23

AnnexureI
ProjectDetails

24

Ongoing BELProjects Sales

======AreainSFT=====
Project
Wisteria@BrigadeMeadows
BrigadeLakefront
BrigadeExotica1&2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmegaA,B&C
BrigadePalmgrove
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeMagnum
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeAtmosphere
BrigadePlumeria
BrigadeMeadowsCommercial
BrigadeNalapad Center
BrigadeGTSignatureTower
Total

Cos share
4,41,020
14,14,366
14,41,220
1,02,975
6,79,310
5,84,730
2,60,698
4,39,019
2,11,690
1,46,100
2,20,606
91,690
5,15,510
2,96,320
3,86,698
4,26,160
11,48,697
2,48,311
11,34,010
53,470
2,70,350
4,27,392
1,09,40,342

Sold
3,04,820
9,49,800
5,75,050
36,520
6,54,520
4,38,000
75,630
2,12,700
1,95,210
66,940
1,13,410
72,620
2,11,170
2,36,510
3,32,850
78,220
4,88,089
19,780
1,49,390
1,200
1,16,380
57,740
53,86,549

AmountinRs.Mn

Unsold
Salestilldate
FutureSales
1,36,200
1,264
586
4,64,566
5,788
2,924
8,66,170
2,884
5,068
66,455
381
678
24,790
2,938
121
1,46,730
2,197
832
1,85,068
390
928
2,26,319
875
951
16,480
884
79
79,160
535
728
1,07,196
622
697
19,070
250
67
3,04,340
834
1,251
59,810
1,778
508
53,848
1,776
302
3,47,940
376
1,635
6,60,609
2,046
2,933
2,28,531
111
1,279
9,84,620
633
4,135
52,270
6
261
1,53,970
748
1,001
3,69,652
307
2,033
55,53,794
27,623
28,997

25

Ongoing SPVProjects Sales

======AreainSFT=====

Project
BrigadeCosmopolis PhaseI
BrigadeCosmopolis PhaseII
BrigadeOrchards Villas
BrigadeOrchards Aspen
BrigadeOrchards Banyan
BrigadeOrchards Cedar
BrigadeOrchards Deodar
BrigadeOrchards Parkside
BrigadeOrchards Juniper
TotalSPVs

AmountinRs.Mn

Saleable
Salestill Future
Sold
Unsold
date
Sales
Area
8,36,430 7,11,170 1,25,260
4,780
883
7,02,980 2,69,200 4,33,780
1,881
3,036
4,69,045 1,79,185 2,89,860
1,147
2,029
2,88,480 2,86,470
2,010
833
6
2,98,080 2,76,450
21,630
845
69
5,34,720 2,67,180 2,67,540
1,140
1,231
6,26,508 3,60,350 2,66,158
1,491
1,224
2,01,835 1,45,130
56,705
624
250
7,02,467 1,24,380 5,78,087
534
2,457
46,60,545 26,19,515 20,41,030
13,276
11,185

26

Ongoing BELProjects Revenue

Project
Wisteria@BrigadeMeadows
BrigadeLakefront
BrigadeExotica1&2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmegaA,B&C
BrigadePalmgrove
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeMagnum
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeAtmosphere
BrigadePlumeria
BrigadeMeadowsCommercial
BrigadeNalapad Center
BrigadeGTSignatureTower
Total

Estimated
SalesValue
1,850
8,711
7,951
1,059
3,059
3,029
1,318
1,826
963
1,264
1,319
317
2,085
2,286
2,077
2,011
4,979
1,390
4,769
268
1,749
2,340
56,620

Collected
778
3,497
2,539
237
2,725
1,834
296
763
841
442
462
194
631
1,588
792
172
456
5
98
2
748
182
19,282

Tobecollected
1,073
5,214
5,412
822
334
1,195
1,022
1,063
122
822
857
123
1,454
698
1,285
1,839
4,524
1,384
4,671
266
1,001
2,158
37,338

AmountinRs.Mn
Revenue
Revtobe
recognized
recognized
721
1,129
3,028
5,684
2,316
5,636
187
872
1,768
1,291
1,603
1,426
212
1,106
593
1,233
718
245
372
891
340
979
205
112
522
1,563
1,420
866
672
1,405

2,011

4,979

1,390

4,769

268
462
1,287

2,340
15,139
41,48027

Ongoing SPVProjects Revenue

AmountinRs.Mn

Estimated
Tobe
Revenue Revtobe
Project
Sales
Collected
collected recognized recognized
Value
5,664
3,356
2,307
3,235
2,429
BrigadeCosmopolis PhaseI
4,918
679
4,238
648
4,269
BrigadeCosmopolis PhaseII
3,176
614
2,563
669
2,508
BrigadeOrchards Villas
839
781
59
762
77
BrigadeOrchards Aspen
914
683
232
560
354
BrigadeOrchards Banyan
2,371
564
1,806
481
1,890
BrigadeOrchards Cedar
2,715
688
2,027
542
2,173
BrigadeOrchards Deodar
874
286
587
229
645
BrigadeOrchards Parkside
2,991
48
2,942

2,991
BrigadeOrchards Juniper
24,461
7,700
16,762
7,126
17,336
TotalSPVs

28

Ongoing BELProjects Profitability

Project
Wisteria@BrigadeMeadows
BrigadeLakefront
BrigadeExotica1&2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmegaA,B&C
BrigadePalmgrove
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeMagnum
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeAtmosphere
BrigadePlumeria
BrigadeMeadowsCommercial
BrigadeNalapad Center
BrigadeGTSignatureTower
Total

Est Total
Cost
Costtobe
Est
Cost
incurred
incurred
Profit
1,234
739
495
616
5,856
2,898
2,958 2,856
5,289
3,784
1,505 2,662
849
513
336
210
2,545
1,552
993
514
2,239
1,628
611
790
1,143
629
514
176
1,542
1,068
474
284
825
689
136
138
860
673
187
404
1,018
741
276
301
235
205
30
82
1,428
551
877
657
1,391
1,284
106
895
1,621
622
998
457
1,249
354
894
762
4,184
773
3,411
795
938
34
904
452
2,785
506
2,279 1,984
176
90
86
91
1,438
888
551
311
1,726
511
1,215
613
40,572
20,734
19,837 16,048

AmountinRs.Mn
Profit
Profittobe
recognized
recognized
235
381
1,016
1,839
573
2,089
39
171
274
239
392
398
32
144
87
197
100
38
98
305
54
247
52
29
155
502
533
362
144
312
762

795

452

1,984

91
80
231

613
29
3,864
12,183

Ongoing SPVProjects Profitability

AmountinRs.Mn
Project

BrigadeCosmopolis PhaseI
BrigadeCosmopolis PhaseII
BrigadeOrchards Villas
BrigadeOrchards Aspen
BrigadeOrchards Banyan
BrigadeOrchards Cedar
BrigadeOrchards Deodar
BrigadeOrchards Parkside
BrigadeOrchards Juniper
TotalSPVs

Est
Total
Cost

3,639
3,551
2,717
975
1,012
1,848
1,897
707
2,127
18,473

Cost
incurred

2,611
1,823
1,873
892
673
856
747
323
388
10,185

Costto
be
incurred

Est
Profit

1,028 2,025
1,728 1,367
844
459
83 135
339
97
992
523
1,150
818
385
166
1,739
863
8,288 5,988

Profit
recognized

1,150
180
69
136
100
91
144
42

1,439

Profittobe
recognized

875
1,187
390
0
3
432
674
124
863
4,549

30

Capex Commitment
AmountinRs.Mn

Projects
BrigadeOrionEast
BrigadeOpus
BrigadeVantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
TotalCommercial
HolidayInnChennai*
BrigadeOrchardsSignatureClub*
GrandMercure,Mysore
HolidayInnExpress,Bangalore
TotalHospitality
GrandTotal

Estimated
LoanTied
Incurred Balance
up
cost
1,300
1,625
476
1,117
524
5,042
1,220
421
1,030
1,000
3,671
8,713

1,282
881
297
749
244
3,453
1,090
395
813
365
2,663
6,116

18
744
179
368
280
1,589
130
26
217
635
1,008
2,597

500
1,000

1,500
550

500

1,050
2,550

*ThroughSPV
31

AnnexureII
StandaloneFinancials

32

StandaloneFinancials Snapshot
AmountinRs.Mn

Particulars
Turnover
EBITDA
Interest
ProfitafterInt
Depreciation
PBT
Tax
PAT
EBITDA/Revenue
PBT/Revenue
PAT/Revenue

FY2016

FY16on
Q4
FY2015 FY15
FY16
(%Inc)

13,013
4,551
1,468
3,082
980
2,103
639
1,464

10,080
3,153
1,146
2,007
920
1,087
387
700

35.0%

Q3
FY16

Q4
FY15

3,233
1,100
395
705
303
402
121
282

3,737
1,208
361
848
230
618
165
452

3,070
986
323
663
191
472
175
297

31.3%

34.0%

32.3%

32.1%

16.2%

10.8%

12.4%

16.5%

15.4%

11.2%

6.9%

8.7%

12.1%

9.7%

29%
44%
28%
54%
7%
93%
65%
109%

Q4FY16 Q4FY16
onQ3 onQ4
FY16
FY15
(%Inc) (%Inc)
14%

5%

9%

12%

9%

22%

17%

6%

32%

59%

35%

15%

27%

31%

38%

5%

33

StandaloneSegmentTrend
SegmentRevenueas%ofTotalRevenue
80%
70%
60%
50%
40%
30%
20%
10%
0%

76%

72%

FY15

SegmentGrossMargin

FY16

FY15

92% 90%

91%

93%

80%
60%
12% 10%

16%

13%

47%

45%

40%
20%
0%

RealEstate

Hospitality

LeaseRental

RealEstate

SegmentEBITDAMargin
FY15

Hospitality

LeaseRental

SegmentPBTas%ofTotalPBT
82%

FY16

100%

81%

84%

80%

80%

FY15

FY16

62%

60%

60%
40%

FY16

100%

42% 41%
18%

20%

20%

0%

0%
RealEstate

32%

40%

26%

Hospitality

LeaseRental

6%

RealEstate

Hospitality

8%

10%

LeaseRental

34

StandaloneSegmentProfitAnalysis
Particulars
Revenue
as%ofTotal

Expenses
Grossprofit
GrossprofitMargin%

AdminExpenses
SellingCost
Employeecost
EBIDTA
EBIDTA/Revenue%

Interest
Profit afterinterest
Depreciation
PBT
PBT/Revenue%

IncomeTax
PAT

AmountinRs.Mn
12MonthsendingMar2016
RealEstate
Hospitality
LeaseRental
Total
9,925
1,354
1,734
13,014
76%
10%
13%
100%
5,225
135
121
5,482
4,700
1,219
1,613
7,532
47%

90%

93%

58%

824
545
787
2,543

354
61
248
556

82
42
36
1,452

1,261
649
1,071
4,551

26%

41%

84%

35%

786
1,757
30
1,728

130
426
267
159

553
900
683
217

1,468
3,083
980
2,103

17%

12%

12%

16%

639
1,46435

Thankyou
KSuresh
ED&ChiefFinancialOfficer
Email:sureshkris@brigadegroup.com
BrigadeEnterprisesLtd
29th&30thFloor,WTC,
BrigadeGatewayCampus,
26/1,Dr. Rajkumar Road,
MalleswaramRajajinagar,
Bangalore560055.
Phone:918041379200
Fax:918022210784
www.brigadegroup.com

OmPrakash P
CompanySecretary
Email:omprakash@brigadegroup.com
Pradyumna Krishnakumar
GeneralManager Chairman'sOffice
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.

36