Corporate Analyst Presentation 1st Quarter FY 2017-18Corporate Analyst Presentation 1st Quarter FY 2017-18

Company Overview

� Promoters:

– Executive Chairman

• Mr. Rakesh Kumar Wadhawan

– Vice Chairman & Managing Director

• Mr. Sarang Wadhawan

� Three Decades of Expertise in Real Estate

1

� Three Decades of Expertise in Real Estate

sector

� *Promoter Shareholding – 36.49%

� *FII & FPI Shareholding - 42.32%

� Land Reserves - 199.29 Million Sq. Ft.

� Largest Land Bank Owner in Mumbai

Metropolitan Region

* On 30/06/2017

28.64%

Residential

Commercial•Ongoing Projects – 2,750,000

•Planned Projects - 6,960,000

•Ongoing Projects– 28,480,310

•Planned Projects- 131,749,589

Ongoing Projects Segment wise Breakup & Saleable Area as on 30 June, 2017.

Project Mix

2

64.94%6.42%

Residential Commercial & Retail SRA

2

Commercial

Retail

•Planned Projects - 6,960,000

•Ongoing Projects – 64,456

•Planned Projects - 16,727,821

•Ongoing Projects – 12,559,035 SRA

Ongoing Residential Portfolio

Virar

(52 k

ms)

to V

irar (3

0 k

ms)

Suburban Rail Route

Planet HDIL

Ekta Nagar

Project Saleable Area (in Sq.ft.)

Galaxy 175,000

Planet HDIL Phase I 14,882,810

Paradise City 5,000,000

Ekta Nagar 1,500,000

Majestic 1,300,000

Meadows - Phase I 1,000,000

Paradise City

Residency Park

3

BKC

Churchgate

Churc

hgate

to V

irar

(52 k

ms)

Bandra

to V

irar (3

0 k

ms)

Suburban Rail Route

Premier Exotica

Majestic Towers

Whispering Tower

Berkeley Square

Daulat Nagar

Whispering Towers-Phase I 1,200,000

Whispering Towers-Phase II 800,000

Premier Exotica Phase II 800,000

Berkeley Square 900,000

Premier Exotica Phase I 700,000

Budget Homes Phase I 111,250

Budget Homes Phase 2 111,250

Total 28,480,310

Galaxy

as on June 30, 2017.

Budget Homes

�Affordable Housing Project Update

4

Affordable Housing - ‘Budget Homes’

� HDIL has launched its first flagship project

under Budget Homes – “The Nest” in Mulund

5

The Nest – Construction Progress (Phase I)

6

The Nest – Construction Progress (Phase I)

7

�Other Projects Update

8

Majestic Tower (Sale Building)

9

Meadows, Goregaon

10

PREMIER EXOTICA

11

�Financials: Results 1st Quarter FY 2017-18

12

Key Development: 1st Quarter 2017-18

1. Income recognized from sale of Budget

homes phase 1

2. Company has followed percentage

completion method for projects launched

after 1st April 2017.

13

Financial Ratio

Particulars

Consolidated

Quarter Ended

30-Jun-17 31-Mar-17 Growth % 30-Jun-17 30-Jun-16 Growth %

Turnover (Net) 85.82 132.08 -35.02% 85.82 260.71 -67.08%

Other Income 3.82 21.27 -82.04% 3.82 4.50 -15.11%

Total Income 89.64 153.35 -41.55% 89.64 265.21 -66.20%

PBT&E 7.87 75.79 -89.62% 7.87 45.12 -82.56%

PBT % to income 8.78% 49.42% 8.78% 17.01%

EBIDTA 16.34 87.30 -81.28% 16.34 58.85 -72.23%

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EBIDTA 16.34 87.30 -81.28% 16.34 58.85 -72.23%

EBIDTA % to income 18.23% 56.93% 18.23% 22.19%

PAT 7.10 60.58 -88.28% 7.10 40.96 -82.67%

PAT % to income 7.92% 39.50% 7.92% 15.44%

Net worth 11,483.02 11,476.00 0.06% 11,483.02 11,182.28 2.69%

Debt 2,584.98 2,581.66 0.13% 2,584.98 2,966.61 -12.86%

Debt Equity ratio 0.23 0.22 0.23 0.27

EPS -Basic 0.16 1.40 1.40 0.98

- Diluted 0.16 1.40 1.40 0.98

cash 130.78

net debt 2,454.20

Balance Sheet Consolidated (Un Audited)

ParticularsNote No.

As at 30th June, 2017 As at 31st March, 2017 As at 30th June, 2016 As at 31st March, 2017

(Quarter) (Quarter) (Quarter) (Year)(A) ASSETS

Non-current assets(a) Property, Plant and Equipment 1 1,152,423,709 1,165,746,262 1,299,757,425 1,165,746,262 (b) Investment Property 2 1,078,167,533 1,082,867,576 1,096,967,706 1,082,867,576

(c) Other Intangible assets 3 1,519,352 1,724,488 1,246,000 1,724,488 (d) Financial Assets

(i) Investments 4 165,174,570 165,174,570 165,175,570 165,174,570

(ii) Others 5 8,015,555 9,232,065 9,579,358 9,232,065 (e) Other non-current assets 6 1,036,576,898 1,038,088,166 917,641,739 1,038,088,166 Current assets(a) Inventories 7 149,894,601,382 148,401,368,591 136,842,712,110 148,401,368,591 (b) Financial Assets

(i) Investments 8 89,485,202 89,485,202 89,485,202 89,485,202 (ii) Trade receivables 9 3,015,383,829 3,066,644,769 2,394,008,557 3,066,644,769 (iii) Cash and cash equivalents 10 90,357,835 166,762,206 237,546,837 166,762,206 (iv) Bank balances other than (iii) above 11 1,103,098,647 1,103,098,647 1,117,927,718 1,103,098,647 (v) Others 12 2,394,037,728 2,437,195,465 2,725,322,009 2,437,195,465

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(v) Others 12 2,394,037,728 2,437,195,465 2,725,322,009 2,437,195,465 (c) Other current assets 13 23,002,333,880 24,128,995,362 29,056,233,968 24,128,995,362 Total Assets 183,031,176,121 182,856,383,369 175,953,604,200 182,856,383,369 EQUITY AND LIABILITIES (a) Equity Share capital 4,340,039,860 4,340,039,860 4,190,039,860 4,340,039,860 (b) Other Equity 110,494,502,033 110,419,993,480 107,632,786,795 110,419,993,480

(c) Minority interest 71,532,106 71,619,337 71,959,115 71,619,337 (A) LIABILITIES

Non-current liabilities(a) Financial Liabilities

(i) Borrowings 14 15,866,610,681 16,280,536,987 21,261,649,296 16,280,536,987

(ii) Other financial liabilities 15 18,658,275 18,929,464 19,746,009 18,929,464

(b) Provisions 16 46,615,883 33,768,819 21,907,004 33,768,819 (c) Deferred tax liabilities (Net) 17 298,920,436 320,678,201 197,385,460 320,678,201

(B) Current liabilities(a) Financial Liabilities

(i) Borrowings 18 8,994,150,898 8,485,061,854 6,856,275,020 8,485,061,854 (ii) Trade payables 19 4,767,571,631 5,391,174,843 4,680,131,081 5,391,174,843 (iii) Other financial liabilities 20 8,228,447,051 8,781,589,452 6,797,434,354 8,781,589,452

(b) Other current liabilities 21 28,207,609,308 27,041,815,474 22,675,458,031 27,041,815,474

(c) Provisions 22 41,405,962 41,533,515 47,288,546 41,533,515 (d) Current Tax Liabilities (Net) 23 1,655,111,997 1,629,642,083 1,501,543,629 1,629,642,083 Total Equity and Liabilities 183,031,176,121 182,856,383,369 175,953,604,200 182,856,383,369

Place : MumbaiDate :11th August, 2017

P&L Consolidated (Un Audited)

ParticularsNote No.

Quarter ended 30th June, 2017

Quarter ended 31st March, 2017

Quarter ended 30th June, 2016

Six months ended 30th September, 2017

Nine months ended 31st December, 2017

Year ended 31st March, 2017

Revenue From Operations 24 858,228,004 1,320,895,337 2,607,117,351 857,483,264 855,385,738 7,237,678,808 Other Income 25 38,252,531 212,757,397 45,006,044 35,676,651 33,097,771 345,116,457 Total Income (I+II) 896,480,535 1,533,652,734 2,652,123,395 893,159,915 888,483,509 7,582,795,265 EXPENSES Cost of materials consumed 26 1,133,128,047 7,986,273,709 1,196,463,603 1,132,383,307 1,130,285,781 11,782,467,713 Changes in inventories of finished goods, Stock-in -Trade and work-in-progress

27(1,493,232,791) (8,442,681,921) (453,377,014) 148,364,290,492 148,366,866,372 (11,615,427,539)

Employee benefits expense 28 93,803,676 77,897,199 108,313,978 93,803,676 93,803,676 388,668,383 Finance costs 29 924,630,904 1,003,020,597 1,146,043,062 922,055,024 919,476,144 4,282,448,053 Depreciation and amortization expense 1,2,3 17,752,430 17,605,041 19,687,100 38,308,073 58,792,233 75,013,309 Other expenses 30 135,086,337 133,585,830 183,759,360 135,086,337 135,086,337 552,824,054 Total expenses (IV) 811,168,603 775,700,455 2,200,890,088 150,685,926,909 150,704,310,543 5,465,993,974

Profit/(loss) before exceptional items and tax (I- IV) 85,311,932 757,952,279 451,233,307 (149,792,766,994) (149,815,827,034) 2,116,801,291

Exceptional Items - - - - - -Profit/(loss) before tax (V-VI) 85,311,932 757,952,279 451,233,307 (149,792,766,994) (149,815,827,034) 2,116,801,291 Tax expense:(1) Current tax 31,788,959 150,303,602 41,502,345 136,116,649 44,965,139 443,221,018 (2) Deferred tax (21,757,764) (1,222,211) 1,499,801 (23,505,467) (32,636,188) 124,792,542

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10,031,195 149,081,391 43,002,146 112,611,182 12,328,951 568,013,560 Profit/(loss) for the period (IX+XII) 75,280,737 608,870,888 408,231,161 (149,905,378,176) (149,828,155,985) 1,548,787,731 (before minority interest, share of profit/(loss) in associates and jointly controlled entities)

Minority interest - share of (loss)/profit (87,356) (61,394) (729,728) (271,968) (396,264) (1,070,100)

Net profit after tax, minoroty interest and share of profit/(loss) of associates and jointly controlled entities

75,368,093 608,932,282 408,960,889 (149,905,106,208) (149,827,759,721) 1,549,857,831

Other Comprehensive Income (i) Items that will not be reclassified to profit or loss

Depreciation on Investment Property - - - (26,838) (32,279) -

Remeasurements of the defined benefit plans

(859,420) (3,036,920) 716,868 (1,673,540) (1,700,378) (4,374,013)

Income tax relating to items that will not be reclassified to profit or loss 1,098,514

(ii) Items that will be reclassified to profit or lossMat Credit Availed - - - (5,441) 21,324,908 -

Income tax relating to items that will be reclassified to profit or loss - - - 748,836,229 748,836,229 240,000,000 (859,420) (3,036,920) 716,868 747,130,410 769,526,994 235,625,987

Total Comprehensive Income for the period (XIII+XIV) (Comprising Profit (Loss) and Other Comprehensive Income for the period)

74,508,673 605,895,362 409,677,757 (149,157,975,798) (149,058,232,727) 1,785,483,818

Earnings per equity share (for continuing operation): (1) Basic 0.17 1.40 0.98 4.58 6.85 4.16

(2) Diluted 0.17 1.40 0.98 4.58 6.85 4.16

Place : MumbaiDate :11th August, 2017

Particulars Quarter ended

30th June 2017

(Unaudited)A Cash flow from operating activities

Net profit before tax 85,311,932

Adjustments for :Depreciation and amortisation expense 17,752,430Interest expenses 924,630,904Interest received -34,550,681Dividend received -Remeasurements of the defined benefit plans (Expenses)/ Income -859,420Loss on sale of fixed assets 56,057Profit on sale of Investment -Profit on sale of fixed assets -10,752 907,018,538

Operating profit before working capital changes 992,330,470Movements in working capital :

Decrease / (Increase) in inventory -1,493,232,791Decrease / (Increase) in trade receivable 51,260,940Decrease / (Increase) in other receivables 1,172,546,997

(Decrease) / Increase in trade and other payables 63,496,543Net movement in working capital -205,928,311

Cash generated from operations 786,402,159Less : Direct taxes paid (net of refunds) 6,319,045

Consolidated Cash Flow (Un Audited)

17

Less : Direct taxes paid (net of refunds) 6,319,045Net cash from operating activities 780,083,114

B Cash flows from investing activities

(Increase) / Decrease in capital work in progress(Increase) / Decrease in other investmentsInvestment in liquid mutual fund unitsRedemption of liquid mutual fund unitsInterest received 34,550,681Dividend received -Purchase of fixed assets -70,000

Proceeds from sale of investment -Proceeds from sale of fixed asset 500,000

Net cash from investing activities 34,980,681

C Cash flows from financing activities

Proceeds from borrowings 468,233,875Repayment of borrowings -435,071,136

Increase in share capital including share premium -Interest paid -924,630,904

Net cash used in financing activities -891,468,165

Net increase in cash and cash equivalents (A + B + C) -76,404,370Cash and cash equivalents at the beginning of the period 1,269,860,853Cash and cash equivalents at the end of the period 1,193,456,483

Components of cash and cash equivalents as at 30th Jun 2017

Cash on hand 8,986,550With banks - on current account 50,571,746

- on Escrow account 30,799,539- on deposit account * 1,103,098,647Total 1,193,456,483

Note : Figures in the brackets indicate outflow.

Place : MumbaiDate :11th August, 2017

Disclaimer

This investor analyst presentation has been prepared by Housing Development and Infrastructure Ltd (“HDIL”). and does

not constitute a prospectus or placement memorandum or an offer to acquire any securities. This presentation or any

other documentation or information (or any part thereof) delivered or supplied should not be deemed to constitute an

offer.

No representation or warranty, express or implied is made as to, and no reliance should be placed on, the fairness,

accuracy, completeness or correctness of such information or opinions contained herein. The information contained in this

presentation is only current as of its date. Certain statements made in this presentation may not be based on historical

information or facts and may be “forward looking statements”, including those relating to the general business plans and

strategy of HDIL, its future financial condition and growth prospects, future developments in its industry and its

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strategy of HDIL, its future financial condition and growth prospects, future developments in its industry and its

competitive and regulatory environment, and statements which contain words or phrases such as ‘will’, ‘expected to’,

‘horizons of growth’, ‘strong growth prospects’, etc., or similar expressions or variations of such expressions. These

forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results,

opportunities and growth potential to differ materially from those suggested by the forward-looking statements. These

risks and uncertainties include, but are not limited to risks with respect to its real estate business, SEZ business and its

infrastructure business.

HDIL may alter, modify or otherwise change in any manner the content of this presentation, without obligation to notify

any person of such revision or changes. This presentation cannot be copied and disseminated in any manner.

No person is authorized to give any information or to make any representation not contained in and not consistent with

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