Prestige Estates Projects Limited — Annual Report 2019

May 29, 2019

May 29, 2019

To

The General Manager Dept. of Corporate Services National Stock Exchange of India Limited Bandra Kurla Complex Bandra (E) Mumbai-400051 Scrip Code: PRESTIGE

The Manager Dept of Corporate Services BSE Limited Regd. Office: Floor 25, P J Towers Dalal Street Mumbai - 400 001 Scrip Code: 533274

Dear Sir/ Madam,

Sub: Copy of Publication of Financial Results for the quarter and year ended March 31, 2019.

Pursuant to regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the financial results for the quarter and year ended March 31, 2019 duly published in Business Standard (English Daily) and Samyuktha Karnataka (Kannada Daily) on May 29, 2019.

This is for your information and records.

Thanking you

Yours faithfully For Prestige Estates Projects Limited

•

Manoj Krishna JV Company Secretary & Compliance Officer

Encl: Copy of Publication

ಸಂಯುಕ್ತ ಟ್ರಿಕರ್ನಾಟಕ

ಬುಧವಾರ, 29, ಮೇ, 2019

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. . . . . . . . . . . . . . . . . . . .

PRESTIGE ESTATES PROJECTS LIMITED

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Regd. Office: The Falcon House, No. 1, Main Guard Cross Road, Bengalaru- 560001 Email: investors@prestigeconstructions.com Websire: www.prestigeconstructions.com CIN: L07010KA1997PLC022322

Extracts from the Consolidated audited Financial Results of Prestige Estates Projects Limited for the quarter and year ended March 31, 2019:

No.	SE Particulars		Ouarter Ended	Year Ended
		31.03.2019(Audited)	31.12.2018$\omega$ n-Audited)	31.03.2018(Audited)	31.03.2019(Audited)	31.03.2018(Audited)
	Total income from operations	19,943	10,802	18,616	52,841	55,665
	Net Profit for the period (before Tax, Exceptionalmaker Extraordinary trems)	2,028	1.030	1.819	5.203	6.245
	Net Profit for the period before 'ax (afterExceptional and/or Extraordinary items)	2,103	1,093	3843	6,404	6,381
	Net Profit for the period after tax fafterExceptional sad'or Extraordinary iteros	1,419	674	1.156	4,419	4,246
5	Total Comerchensive Income for the periodCommuning Profit for the period (after tax) andOther Comprehensive Income (after tax)]	1,404	682	1.158	4.408	4,252
6	Equity Share Canital	3,750	3,750	3,750	3,750	3,750
	Eurnings Per Share (of Rs.10/- each)Basic:	3.71	1.55	2.86	11.08	9.90
	Diluted:	3.71	T.55	2.86	1108	9.90

Nutes: The key data of Standafone Financial Results are as under

	(Ks IR MELIOG)
Particulars	Ouarter Ended				Year Ended
	31.93.2019(And'dod)	31.12.2018(U nAmilited's	31.83.2018(Audited)	31.03.2019(Andited)	31.03.2013(Audited)
Total Income from operations (net)	6,738	5,451	10,397	25.793	31.038
Profit before Tax	1.386	642	654	2,980	2,556
Profit atter Tax	1,376	520	572	2.892	2,320
Total Comprehensive Income for the period[Compresing Profit (or the period (after tax) andOther Correstensive Income (after tax)?	1,375	520	576	2.891	2.321
Debt equity ratio*				0.90	0.75
Dubt service Coverage ratio(DSCR) 47				0.56	0.55
Interest Coverage Service ratio (ISCR) 036				i.63	1.66
Debenture redemption reserves				1.133	967

"Debt Equin: Ratio: Debt excludes lease rental/ receivable discounting and corporate guarantee as stated in the debenture trest deed and debt for this purpose means debt contracted by the Company at group level.

** DSCR = Profit before finance cost (including interest capitalized/inventorised to projects) and Tax/(Interest and Principal Repayment during the period)

*** ISCR= Profit before finance cost (including interest capitalized/inventorised to projects) and Tax/Finance costs

1. The above is an extract of the densied format of the Financial Results for the quarter and year ended March 31, 2019 filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obilgations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter and year ended March 31, 2019 are available on the Company's website www.presigeronstructions.com and can also be viewed on the stock exchange websites of www.mseindia.com and www.bseindia.com.

2. The results have been prepared in accordance with IND AS prescribed under section 133 of the Companies $Act. 2013.$

By order of the Board of Presuge Estates Projects Limited $Sd$ Irfan Razack Chairman and Managing DirectorDIN: 00209022

S/o M. Rathmam Piliai, Aged about 53 Years, R/atFlat No P1, Srisal Residency 7th Gross 2nd main Road, Sarvanhowmanagar, Chikkalasandra,Bangziore-560061.

IN THE COURT OF VI ADDL CITY CIVIL AND SESSIONS JUDGE, AT BENGALORE 0.5.No. 088/2018 (CCH-11)

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Danyour Downton, 20012.8RI B. JAGANALATHA S/o Gulareddy, Agedabout 51 Years, R/at 156, 13th Cross, 16th main, Plaintiff

AND: SMT. SUSHILA RANALINGAM AND

UTHERS MOTICE TO DEFENDANTS 1 to 1

1. SMT, SUSHILA RAMALIMBAN W/o Late D Ramalingam, Aged about 67 years
2. SRL B.R. ARANWIND NUMARE SO late D
3. SRL B.R. ARANWIND NUMARE SO late D
4. SRL B.R. ARANWIS So late D. Ra

Aged about 31 years No. 1 to 3 R/at No. 1/3 1st floor, Str A: Cross, Attmanands Colony, Sultin Parks, R. R. TAlagar Attmanands Colony, Sultin Parks, R. R. TAlagar Their GPA Holder Sr. N.A. Charls Sr. M. And 4. SRI M A waars, R/at No.96, SBM Layout, Athmany mananda, 1st

main road. Hi Nagar, Bangaline-550032 | Whereas the plasmith has Hart the above suit forspecific, performance of agreement and exhibitedtelefis against the deterdants in respect of thesuit schedule B property You are n To present before the Horital Court as (3.06.2019)at 11-00 ABI personally or through a pleader dulyastronomed by you, taking with the matter with herecommends by you, taking with the matter with hefreed in your absence

SCHEDULE A PROPERTY

SHREBHLE A PTIMEONLE A PROPERTY SEEAll that property sitebearing No 96: PID No 96-3-96, situated at StateBank of Mysons Private Layout, BBMP Ward No 96,Hebbal. Bangalore, Measuring East to West 40 (setTand North to and bounded on, and bounded on the:East by : Site No.95, West by : Site No.97,North by : Site No.95, West by : Site No.97,

Paintin by Savetic Discovery 300 test (national) Residential apartment bearing flat No. 3, on the 2nd floor, of the building Discovery and apartment measuring about 900 Sq Pi super built up are measuring about 900 Sq P unanyons stars right, use and its experimental and a school of the angle of the analysis and the RCC Received Valent and the NCC Received Received Rooming Homes Ward and windows and windows and the present as such as passa common areas of common use contained in theresidential apartment. Situated on the Schedule AProperty with one covered Car parking space in thesalt floor exclusively for the sole use and enjoyment

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of the purchasersIBY ORIDER OF THE COURT Assistant Registrar City Civil Judge, Bangalore

Address for serviceK S VENKATAFIAMANA, Advocate No. 4, 4th Ripor, N.R. Road, Pingal ArcadeBangalore-560002 Place; Bengaluru Date: May 27, 2019

Business Standard BENGALURU | WEDNESDAY, 29 MAY 2019

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PRESTIGE ESTATES PROJECTS LIMITED

Regd. Office: The Falcon House, No. 1, Main Guard Cross Road, Bengaluru- 560001 Email: investors@prestigeconstructions.com Website: www.prestigeconstructions.com CIN: L07010KA1997PLC022322

Extracts from the Consolidated audited Financial Results of Prestige Estates Projects Limited for the quarter and year ended March 31, 2019:

SL 1No.	Particulars		Ouarter Ended	Year Ended
		31.83.2019(Audited)	31.12.2018$(U =$Audited)	31.03.2018(Audited)	31.03.2019(Audited)	31.03.2013(Audited)
	Total income from operations	19,943	10.802	18,616	52,841	55,665
	2 Net Profit for the period (before Tax, Exceptionaland/or Extraordinary items)	2.028	1.030	1,819	5,203	6.245
$\overline{3}$	Net Profit for the period before tax (afterExceptional and/or Extraordinary items)	2,103	1.093	1.843	5,404	5,381
$\mathbf{d}$	Net Profit for the period after tax (afterExceptional and/or Extraordinary items	1.419	674	1.136	4.419	4.246
	5 Total Compreherative Income for the period(Comprising Profit for the period (after tax) andOther Comprehensive Income (after tax)]	1.404	682	1.158	R.MOS	4.252
6	Equity Share Capital	3.750	3,750	3,750	3.750	3.750
$\overline{7}$	Earnings Per Share (of Rs.10/- each)Batic:	3.71	1.55	286	11.08	9.90
	Diluted:	3.71	1.55	2.86	11.08	9.90

Notes:1. The key data of Standalone Financial Results are as under:

(Rain Afilion)

CONTRACTOR

(Rs In Million)

Particulars		Ouarter Ended	Vear Ended
	31.03.2019(Audited)	31.12.2018$\mathbf{u}$Antitrd)	31.83.2018(Audited)	31.83.2019(Audited)	31.03.1018(Audited)
Total income from operations (net)	8,738	5,451	10,397	25,793	31,038
Profit before Tax	1.386	642	654	2,980	2,556
Profit after Tax	1.376	520	572	2.892	2.320
Total Comprehensive Income for the period[Comprising Profit for the period (after lax) andOther Comprehensive Income (after tax)]	1,375	520	576	2,891	2,321
Debt equity ratio*				0.90	0.75
Debt service Coverage ratio(DSCR)**				0.56	0.55
Interest Coverage Service ratio (ISCR)***				1.63	1.66
Debenture redemption reserves				1.133	967

*Debt Equity Ratio: Debt excludes lease rental/receivable discounting and corporate guarantee as stated in the debenture trust deed and debt for this purpose means debt contracted by the Company at group level.

**DSCR=Profit before finance cost (including interest capitalized/inventorised to projects) and Tax/(Interest and Principal Repayment during the period)

*** ISCR= Profit before finance cost (including interest capitalized/inventorised to projects) and Tax/Finance costs

1. The above is an extract of the detailed format of the Financial Results for the quarter and year ended March 31, 2019 filed with the Stock Exchanges under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The full format of the Financial Results for the quarter and year ended March 31, 2019 are available on the Company's website www.prestigeconstructions.com and can also be viewed on the stock exchange websites of www.nseindia.com and www.bseindia.com.

2. The results have been prepared in accordance with IND AS prescribed under section 133 of the Companies Act, 2013.

By order of the Board of Prestige Estates Projects Limited $Sd/$ Irfan Razack Chairman and Managing Director

Place: BengaluruDate: May 27, 2019