BrigadeGroup

InvestorPresentation Q1FY201617

August2016

(CIN:L85110KA1995PLC019126)

ConsolidatedFinancialHighlights
Q1 FY 201617 Revenue was Rs. 4,664 Mn 6% increase over Q1 FY 201516
PBT for the quarter was Rs. 342 Mn 17% lower than Q1 FY 201516
PAT for the quarter was Rs. 222 Mn 12% lower than Q1 FY 201516
Unrecognized Revenue on Ongoing Real Estate projects (including unsold) is Rs. 59,011 Mn
Quarter Highlights:

New Revenue Recognition Project: Panorama Phase 1 Rs. 506 Mn

Ongoing Real Estate Projects moved to inventory: Brigade Exotica 1 and Brigade Magnum

Projects Capitalized: Grand Mercure, Mysore and Orion East Mall

New Launches: WTC, Kochi Phase II and Four Points by Sheraton, Kochi

ConsolidatedFinancialsTrend
Turnover(Rs.Mn)

EBITDA(Rs.Mn)

5,063
6,000

1,276

4,664

4,411

1,500

5,000

1,247

1,121

1,250

4,000

1,000

3,000

750

2,000

500

1,000

250

Q1FY16

Q4FY16

Q1FY16

Q1FY17

PBT(Rs.Mn)

288

253
342

500

Q1FY17

PAT(Rs.Mn)

415

412

Q4FY16

222

300

400

250

300

200
150

200

100

100

50

Q1FY16

Q4FY16

Q1FY17

Q1FY16

Q4FY16

Q1FY17

Consolidated(IndAS)Financials Snapshot
AmountinRs.Mn

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

Q1
FY201617

Q4
FY201516

Q1
FY201516

4,664
1,247
602
645
304
342
119
222
203

5,063
1,276
536
740
325
415
127
288
245

4,411
1,121
473
648
236
412
159
253
258

26.7%

25.2%

25.4%

7.3%

8.2%

9.3%

4.8%

5.7%

5.7%

Q1FY17on Q1FY17on
Q4FY16
Q1FY16
(%Inc)
(%Inc)
8%

6%

2%

11%

12%

27%

13%

0%

6%

29%

18%

17%

6%

25%

23%

12%

17%

21%

Consolidated(IGAAP)Financials Snapshot
AmountinRs.Mn

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

Q1
FY201617

Q4
FY201516

Q1
FY201516

3,983
1,197
569
628
304
324
114
211
183

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

3,573
1,078
443
635
236
399
154
246
243

30.1%

29.3%

30.2%

8.1%

12.2%

11.2%

5.3%

8.4%

6.9%

Q1FY17on Q1FY17on
Q4FY16
Q1FY16
(%Inc)
(%Inc)
18%

11%

16%

11%

13%

29%

32%

1%

6%

29%

45%

19%

38%

26%

49%

14%

49%

25%

ConsolidatedSegmentContribution
3 MonthsendingJune2016
RealEstate
80%

78%

Hospitality
LeaseRentals

70%
59%

57%

60%

56%

50%
40%

31%

32%

25%

30%
19%
20%

10%

10% 12%

11%

10%
0%
Revenue

GrossProfit

EBITDA

ProfitAfterInterest

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
3 MonthsendingJune2016
RealEstate
Hospitality
Leaserentals
Total
3,627
461
575
4,664
100%
78%
10%
12%
2,407
57
46
2,510
1,220
405
530
2,154
34%

88%

92%

46%

179
131
177
734

149
6
127
123

70
37
33
390

397
173
337
1,247

20%

27%

68%

27%

376
358
11
346

49
74
89
15

177
213
203
10

602
645
304
342

10%

3%

2%

7%

119
2227

ConsolidatedCashFlows
DirectMethodCashFlows
Particulars

AmountinRs.Mn
FY2016

Q4FY2016

Q1FY2017

OperatingActivities
TotalCollections

19,526

5,148

4,456

ConstructionCost
LOPayments
EmployeeandAdminExpenses
Sales&MarketingExpenses
StatutoryPayments
OtherExpenses&Payments

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

3,115
80
489
266
444
269

2,851
151
349
319
204
22

3,523

485

560

NetCashFlowfromOperatingActivities

Contd.
8

ConsolidatedCashFlows(Contd.)
DirectMethodCashFlows
Particulars

AmountinRs.Mn
FY2016

Q4FY2016

Q1FY2017

InvestmentActivities
CashfromInvestmentActivities

2,082

1,640

312

ConstructionCost(CWIP)
InvestmentinLand/JD/JV/TDR
OtherInvestments

2,085
6,957
1,788

614
5,588
766

606
94
336

NetCashFlowfromInvestmentActivities

8,748

5,328

724

FinancingActivities
DebtDrawdown
ShareIssue/ShareholderDebt

14,521
3,152

6,114
3,125

2,633
10

450
8,356
1,646
1,565

225
2,358
420
1,565

0
1,807
570
0

5,656
431

4,671
172

265
101

DividendPayment
DebtRepayment
InterestPayment
Debenture Redemption
NetCashFlowfromFinancingActivities
NetCashFlowsforthePeriod

DeploymentofFunds Consolidated
CapitalEmployed

ProfitabilityRatios

RealEstate
47%

LeaseRental
40%

17%

20%

16%

17%
15%

12%

15%

RealEstate

9%

Hospitality

10%

LeaseRental
5%
Hospitality
13%

0%
PBD/Equity%

EBITDA/OCE%

FiguresasonJune2016;AmountsareinRs.Mn
Segment

Equity

Debt

RealEstate

8,208 10,279

Hospitality

3,300

LeaseRental

7,365

Less:CashBalance
Total

Capital
Employed

D/E
Ratio

PBD/
Equity%

OperatingCapital EBITDA/
Employed(OCE)
OCE%

18,487

1.25

17%

18,487

16%

1,996

5,296

0.60

9%

3,337

15%

8,527

15,892

1.16

12%

9,017

17%

2,256
18,873 18,546

39,675

0.98

PBD=ProfitBeforeDepreciation&Tax(AfterInterest)

14%

30,842

16%
10

ConsolidatedDebtProfile
AmountinRs.Mn
Particulars

June2015

June2016

Real Estate

7,756

10,279

Hospitality

1,106

1,996

Lease Rental

6,144

8,527

Gross Debt

15,007

Cost of Debt
Credit Rating

11.4%
CRISIL A
ICRA A

20,802

10.7%
CRISIL A
ICRA A

Note: ThegrossdebtfigureforJune2016includesRs.2,674Mn debttaken

inSPVswhereBELhas~51%share

11

SalesVolumeAnalysis
Residential

Commercial

1,000
51

83

800

140

48

600
16
761

723

400

700

462

200

572

568

82

439

399

361

Q3FY16

Q4FY16

Q1FY17

10

Q1FY15

Q2FY15

Q3FY15

Q4FY15

Q1FY16

Q2FY16

Allfiguresarein000sft
FY201415
Q1

Q2

Q3

FY201516

Q4

Year

Q1

Q2

Q3

FY2017

Q4

Year

Q1

Residential

462

723

761

700

2,646

568

572

439

399

1,978

361

Commercial

16

83

51

155

48

140

82

271

10

478

806

812

704

2,801

616

712

439

481

2,249

371

Total

Note:AllSalesexcludeLandOwnerunitsales;Q7FY16salesofLandOwnersharewas47,520sft

SalevolumeforQ1FY201617was23%lowerthanthepreviousquarter

12

SalesValueAnalysis
Residential
4,500
4,000
3,500
3,000
2,500
2,000
1,500
1,000
500

507

270
41

901
304

91
3,580

3,882

3,457

2,387

Q1FY15

Q2FY15

Q3FY15

Q4FY15

3,079

3,032

Q1FY16

Q2FY16

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

Commercial

Q1
Q2
Q3
Q4
2,387 3,580 3,882 3,457
507
91
270
41
2,478 4,087 4,152 3,498
5,187 5,071 5,111 4,967
6%
2%
1%
3%

Year
13,306
910
14,216
5,076
1%

Q1
3,032
304
3,336
5,415
9%

605

2,410

2,159

Q3FY16

50

Q4FY16

2,072

Q1FY17

FY201516
FY2017
Q2
Q3
Q4
YTD
Q1
3,079 2,410 2,159 10,680 2,072
901
0 605 1,810
50
3,980 2,410 2,764 12,490 2,122
5,591 5,485 5,741 5,554 5,715
3% 2%
5%
9%
0%

Note:AllSalesexcludeLandOwnerunitsales;Q1FY17salesofLandOwnersharewasRs.255Mn

SalevalueforQ1FY201617was23%lowerthanthepreviousquarter

13

OngoingProjects Summary
Projects
RealEstateprojects
Brigade Orchards*
Brigade Cosmopolis *
TotalRealEstate
WTC,Kochi Phase2
Brigade VantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
BrigadeOpus
TotalLeaseRental
HolidayInnChennai*
FourPointsbySheraton,Kochi
HolidayInnExpress
TotalHospitality
GrandTotal
*ThroughSPV

Project
Area

12,568
3,226
1,539
17,333
385
133
376
125
319
1,338
229
100
169
498
19,169

Areain000sft
LO/JV
CoShare
share

2,827
1,613
754
5,194
0
66
188
88

342
114

114
5,650

TotalProjectArea
LeaseRental
Hospitality
7%
3%

9,741
1,613
785
12,140
385
66
RealEstate
90%
188
38 CompanyShareProjectArea
319 LeaseRental Hospitality
7%
3%
996
114
100
169
383
Residential
13,519
90%

14

SynopsisofOngoing Projects June2016

OngoingBEL Ongoing Stock
Total
Projects SPVProjects Sales
InMn.Sft
Totalsuperbuiltupareaoflaunchedprojectonsale
12.57
4.77 0.66 17.99
basis
Less:LOShare
2.83
0
0 2.83

Particulars

Coshareofsaleablearea

9.74

4.77

0.66 15.16

Soldtilldate

4.83

2.69

7.52

Tobesold

4.91

2.07
Rs.InMn

0.66

7.64

EstimatedSalevalue

50,409

25,017

4,431 79,857

ValueofSoldunits

24,561

13,731

0 38,291

Valueofunsoldunits

25,849

11,286

4,431 41,565

Collectiontilldateonsoldunits
Balancecollectionfortheprojects(includingunsold
units) A

16,809

8,610

0 25,418

33,601

16,407

4,431 54,438
15

SynopsisofOngoing Projects Contd.

Particulars
RevenueRecognisedtilldate

OngoingBEL Ongoing SPV Stock

Total
Projects
Projects
Sales
Rs.InMn
13,100
7,746
0 20,846

RevenuetobeRecognised(incl unsoldunits)

37,309

17,271

4,431 59,011

Estimatedcostfortheprojects(incl Land/NRD)

36,706

18,969

1,195 56,871

Costincurredtilldate

18,428

10,975

1,195 30,599

BalancecosttobeincurredtofinishtheprojectB

18,278

7,994

0 26,272

EstimatedProfitfortheprojects

13,703

6,048

3,235 22,986

3,158

1,635

10,545

4,412

3,235 18,192

PresentBorrowingsC

7,966

2,313

0 10,279

OperatingCashFlowsD=(ABC)

7,357

6,099

4,431 17,887

Profitrecognisedtilldate
Profittoberecognised(incl unsoldunits)

Periodofrealization

3Years

3Years

4,794

6Months
16

LeasePosition June16
Leasedout
Office

1,057

Retail

140

904

200

400

TobeLeased

45

600

800

1,000

1,200

Areain000SFt

Project
LeasableArea Leasedout TobeLeased
WTCBangalore
637
635
2
OrionMallatBrigadeGateway
818
804
14
OrionEastMall
131
100
31
WTC,Kochi Phase1
388
261
127
BrigadeSouthParade
117
117

Others
56
44
12
Total
2,146
1,961
185
InadditiontotheWorldTradeCenter inBangaloreandKochi,BrigadeGroupalsoholdstheexclusive
LicenseforWorldTradeCenters atHyderabad,Chennai&Thiruvananthapuram

17

HospitalityBusiness
GrandMercure (BLR)

SheratonGrand (BLR)

Details

Q1FY1617

Q1FY1516

FY1516

Q1FY1617 Q1FY1516

FY1516

NoofKeys

126

126

126

230

230

230

Occupancy

72%

76%

82%

82%

79%

82%

ARR(Rs.)

6,599

6,796

6,470

7,638

7,453

7,600

GOP

46.8%

48.5%

48.8%

36.8%

40.5%

41.0%

Our third hotel Grand

Mercure
at
Mysore
commenced
operations
during the last week of
April 2016
18

LandBank Group
LandArea
(inacres)

Location
Bangalore

TotalCost*

Paid

Payable

386

9,776

5,755

4,021

Chennai

72

6,128

5,908

220

Kochi

18

140

140

Mangalore

29

54

46

GIFT,Gujarat

12

964

302

662

Mysore

19

97

83

14

536

17,159

12,234

4,925

Total

GIFT
2%

*IncludesRefundable/Non
RefundableDepositsforJoint
Developments
Hyderabad

Mysore
Kochi
Mangalore 4%
3%
5%
Chennai
14%
Bangalore
72%

Mangalore

Chennai

Kochi

Bangalore
Mysore

19

LandBank DevelopableArea
ProjectArea Location

ProjectArea Product

Mangalore
6%

Retail
3% Hotel
1%
Commercial
Lease
27%

Residential
CommercialSale
Commercial
Lease
Retail
Hotel
Total

Mysore
Kochi 2%
0%

Residential
66%

Commercial
Sale
3%

Product

Chennai
13%

GIFT
2%

Noof
Projects

Proj Area
SFT inMn

39
4

32.6
1.7

13
3
4
63

13.3
1.4
0.6
49.7

Bangalore
77%

BEL
Share
SFTinMn

Location

Bangalore
24.3
Chennai
0.9
Kochi
9.9 Mangalore
1.0 GIFT
0.6 Mysore
36.8 Total

Noof
Projects
46
5
1
3
4
4
63

Proj Area
SFT inMn
38.2
6.8
0.1
2.9
1.0
0.8
49.7

BEL Share
SFTinMn
28.7
3.6
0.1
2.8
1.0
0.6
36.8

ProjectstobeLaunched FY201617
Project

Product

City

Brigade7Gardens
BrigadeNorthridgeII
BrigadeTopaz
BrigadeXanadu Ph1
BrigadeLaguna
BrigadeVillas
BrigadeHebbal
BrigadePinnacleII
ResidentialTotal

Residential
Residential
Residential
Residential
Residential
Residential
Residential
Residential

Bangalore
Bangalore
Mysore
Chennai
Bangalore
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
11.9
2.8
15.0
1.0
4.0

0.87
0.16
0.09
0.77
0.30
0.49
0.11
0.42

0.55
0.10
0.06
0.46
0.18
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

Q2
Q2
Q2
Q3
Q4
Q4
Q4
Q4

Q3
Q4

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

CommercialSaleProjectshavebeenplannedforlaunchinFY201617

21

ProjectstobeLaunched FY201617
Project

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

City

CommercialLease
Retail
CommercialLease
CommercialLease
CommercialLease
CommercialLease

Kochi
Bangalore
Gujarat
Bangalore
Bangalore
Bangalore

Hotel
Hotel
Hotel

Kochi
Mysore
Gujarat

Land
Area

Project BEL
Area
Share

Launch
Plan

Acres
Mn sft Mn sft
2.5
0.39
0.39LaunchedQ1
3.5
0.35
0.25
Q2
2.9
0.26
0.26
Q2
8.53
1.00
0.50
Q3
2.75
0.39
0.21
Q4
2.15
0.30
0.16
Q4
22.3
2.69
1.77
0.9
1.4
1.1

0.10
0.13
0.10

0.10LaunchedQ1
0.13
Q3
0.10
Q3

3.4
77.7

0.33
6.85

0.33
4.50

Totalof0.49Mn sft (BELshare0.49mn sft)ofprojectshavebeen

launchedinQ1FY201617

22

Awards&Recognition

Brigade Group has been Ranked No 1 in the

Real Estate Industry and No. 39 across all
industries in India as Indias Great
Companies to Work for 2016 by Great Place
to Work Institute and The Economic Times.

Mr. Suresh Kris was conferred the 100 Most Influential CFOs of India title by Chartered Institute
of Management Accounts (CIMA) at the National Awards for CFO Excellence

Mr. Vishal Mirchandani, CEO Retail & Commercial won the IMAGES Most Admired Shopping
Centre Professional of the Year award

Nirupa Shankar, Director Brigade Hospitality won the Restaurant Owner of the Year award and
Saurabh Bakshi, General Manager Sheraton Grand Bangalore won the General Manager of the
Year award at the Hospitality Leaders Industry Choice Awards (HLICA) at the 7th edition of the
Hotelier Summit India.

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

Brigade Exotica received the Best Design Apartment Project of the Year East Bangalore award at
23
the Siliconindia Bangalore Real Estate Awards 2016

AnnexureI
ProjectDetails

24

Ongoing BELProjects Sales

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

Cos share
4,41,020
14,14,366
7,20,610
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
3,86,698
3,51,230
10,41,595
2,48,311
11,34,010
53,470
2,70,350
4,27,392
97,41,380

Sold
3,12,040
9,92,560
66,820
45,220
6,61,820
4,55,530
82,230
2,24,640
1,98,310
71,800
1,11,550
72,620
2,20,530
3,34,080
88,010
5,22,517
22,870
1,61,650
7,980
1,16,380
60,230
48,29,387

AmountinRs.Mn

Unsold
Salestilldate
FutureSales
1,28,980
1,299
555
4,21,806
6,203
2,718
6,53,790
385
3,857
57,755
479
595
17,490
2,980
89
1,29,200
2,300
723
1,78,468
425
900
2,14,379
923
911
13,380
901
64
74,300
573
684
1,09,056
621
709
19,070
249
67
1,241
2,94,980
872
52,618
1,785
295
2,63,220
420
1,211
5,19,078
2,210
2,477
2,25,441
131
1,308
9,72,360
690
4,181
45,490
49
246
1,53,970
748
1,001
3,67,162
317
2,019
49,11,993
24,561
25,849
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 7,29,010 1,07,420
4,910
752
7,02,980 2,94,680 4,08,300
2,051
2,838
4,69,045 1,84,065 2,84,980
1,187
1,995
2,88,480 2,86,470
2,010
834
6
2,98,080 2,76,450
21,630
845
69
5,34,720 2,68,260 2,66,460
1,151
1,226
6,26,508 3,63,370 2,63,138
1,507
1,237
2,01,835 1,51,300
50,535
650
220
8,07,370 1,38,290 6,69,080
596
2,944
47,65,448 26,91,895 20,73,553
13,731
11,286

26

Ongoing BELProjects Revenue

Project
Wisteria@BrigadeMeadows
BrigadeLakefront
BrigadeExotica 2
BrigadeAtNo.7
BrigadeGoldenTriangle1&2
BrigadeOmega A,B&C
BrigadePalmgrove
BrigadePinnacleI
BrigadeAltamount
BrigadeCaladium
BrigadeIRVCentre
BrigadeSerenity
BrigadeSymphony
BrigadeNorthridge PhaseI
BrigadeMountview
BrigadePanorama
BrigadeAtmosphere
BrigadePlumeria
BrigadeMeadowsArcade
BrigadeNalapad Center
BrigadeGTSignatureTower
Total

Estimated
SalesValue
1,854
8,921
4,243
1,073
3,069
3,022
1,325
1,834
966
1,257
1,330
316
2,113
2,079
1,631
4,688
1,438
4,871
295
1,749
2,337
50,409

Collected
870
3,710
268
331
2,876
1,931
307
847
876
496
530
209
680
870
218
678
20
140
8
748
196
16,809

Tobecollected
984
5,211
3,975
742
193
1,091
1,018
987
90
761
800
107
1,433
1,209
1,413
4,010
1,418
4,732
287
1,001
2,141
33,601

AmountinRs.Mn
Revenue
Revtobe
recognized
recognized
821
1,032
3,301
5,620

4,243
222
851
1,960
1,110
1,705
1,317
222
1,103
687
1,147
793
173
415
841
381
949
216
100
551
1,562
793
1,286

1,631
506
4,182

1,438

4,871

295
527
1,222

2,337
13,100
37,309
27

Ongoing SPVProjects Revenue

AmountinRs.Mn

Estimated
Tobe
Revenue Revtobe
Project
Sales
Collected
collected recognized recognized
Value
5,662
3,638
2,024
3,570
2,092
BrigadeCosmopolis PhaseI
4,889
825
4,063
752
4,137
BrigadeCosmopolis PhaseII
3,182
653
2,529
684
2,498
BrigadeOrchards Villas
840
803
37
769
71
BrigadeOrchards Aspen
914
698
216
560
354
BrigadeOrchards Banyan
2,377
674
1,703
551
1,826
BrigadeOrchards Cedar
2,744
883
1,860
596
2,148
BrigadeOrchards Deodar
870
367
503
265
605
BrigadeOrchards Parkside
3,540
69
3,471

3,540
BrigadeOrchards Juniper
25,017
8,610
16,407
7,746
17,271
TotalSPVs

28

Ongoing BELProjects Profitability

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

Est Total
Cost
Costtobe
Est
Cost
incurred
incurred
Profit
1,227
807
419
627
5,847
3,146
2,701 3,074
2,837
1,295
1,542
1,406
851
539
312
222
2,542
1,680
862
527
2,242
1,695
547
780
1,131
659
471
194
1,542
1,148
394
292
828
744
83
138
870
710
160
386
748
280
302
1,028
236
213
23
80
1,430
580
851
683
1,598
721
878
481
1,080
388
693
550
4,370
1,053
3,318
317
938
34
904
500
2,782
562
2,220 2,090
181
103
78
114
1,427
1,005
422
321
1,718
599
1,119
618
36,706
18,428
18,278 13,703

AmountinRs.Mn
Profit
Profittobe
recognized
recognized
273
355
1,113
1,961

1,406
49
174
323
204
419
361
36
158
100
192
111
27
105
281
62
240
54
26
164
519
179
301

550
77
240

500

2,090

114
94
227

618
3,158
10,545

29

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

3,638
3,551
2,717
975
1,012
1,848
1,897
707
2,624
18,969

Cost
incurred

2,730
1,910
1,913
899
697
970
809
357
690
10,975

Costto
be
incurred

Est
Profit

908 2,023
1,641 1,338
804
465
76 135
314
97
878
529
1,088
846
351
163
1,934
916
7,994 6,048

Profit
recognized

1,279
209
69
135
100
106
159
49

1,635

Profittobe
recognized

745
1,129
395
0
3
424
687
114
916
4,412

30

Capex Commitment
AsonJune2016

Projects
WTC,Kochi Phase2
BrigadeOpus
BrigadeVantageChennai
BrigadeBhuwalka Icon
BrigadeBroadway
TotalCommercial
HolidayInnChennai*
FourPointsbySheraton,Kochi
HolidayInnExpress,Bangalore
TotalHospitality
GrandTotal

AmountinRs.Mn

Est.cost Incurred Balance

1,298
1,693
471
1,073
526
5,061
1,308
1,060
1,000
3,368
8,429

142
923
305
811
259
2,440
1,203
99
409
1,711
4,151

1,156
770
166
261
267
2,620
105
961
591
1,657
4,278

LoanTied
up
600
1,000

1,600
550
600
1,150
2,750

*ThroughSPV

31

AnnexureII
StandaloneFinancials

32

Standalone(IndAS)Financials Snapshot
AmountinRs.Mn

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

Q1
FY201617

Q4
FY201516

Q1
FY201516

4,074
1,168
482
686
282
404
139
265

3,456
999
403
596
303
293
87
206

3,848
1,017
363
654
222
432
154
278

28.7%

28.9%

26.4%

9.9%

8.5%

11.2%

6.5%

6.0%

7.2%

Q1FY17on Q1FY17on
Q4FY16
Q1FY16
(%Inc)
(%Inc)
18%

6%

17%

15%

20%

33%

15%

5%

7%

27%

38%

6%

61%

10%

28%

5%

33

Standalone(IGAAP)Financials Snapshot
AmountinRs.Mn

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

Q1
FY201617

Q4
FY201516

Q1
FY201516

3,379
1,072
473
599
282
317
109
207

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

2,975
919
354
566
222
344
123
221

31.7%

34.0%

30.9%

9.4%

12.4%

11.6%

6.1%

8.7%

7.4%

Q1FY17on Q1FY17on
Q4FY16
Q1FY16
(%Inc)
(%Inc)
5%

14%

3%

17%

20%

34%

15%

6%

7%

27%

21%

8%

9%

11%

26%

6%

34

StandaloneSegmentProfitAnalysis
Particulars
Revenue
as%ofTotal

Expenses
Grossprofit
GrossprofitMargin%

AdminExpenses
SellingCost
Employeecost
EBIDTA
EBIDTA/Revenue%

Interest
Profit afterinterest
Depreciation
PBT
PBT/Revenue%

IncomeTax
PAT

3 MonthsendingJune2016
AmountinRs.Mn
RealEstate
Hospitality
LeaseRental
Total
3,242
360
471
4,074
100%
80%
9%
12%
2,156
36
13
2,205
1,086
324
458
1,868
33%

90%

97%

46%

141
94
168
682

122
3
99
100

29
21
22
386

293
118
289
1,168

21%

28%

82%

29%

257
425
3
422

48
52
81
29

176
210
199
11

482
686
282
404

13%

8%

2%

10%

139
265 35

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