Prozone Realty Q1 FY25 earnings call: Revenue & Margins

Q1 FY25 Mall Income: Rs 209.15 mn (up from Rs 189.34 mn in Q1 FY24) - Mall EBITDA: Rs 181.23 mn in Q1 FY24 growing to Rs 195.14 mn in Q1 FY25 - Consumption Growth from Rs 1,526.16 mn in Q4 FY24 to Rs 1,654.40 mn in Q1 FY25 - Income from Real Estate Projects in Q1 FY25: Rs 23.0 mn vs Rs 266.8 mn in Q1 FY24 (noted decrease) - Lease Rental and Related Income: Rs 299.0 mn in Q1 FY25 vs Rs 268.8 mn in Q1 FY24 (11% increase) - Occupancy: Coimbatore Mall 93%, Aurangabad Mall 74% - Retailer sales increase: 5% in Aurangabad mall, 11% in Coimbatore mall (Q1 FY25 vs Q4 FY24) - New bookings in Coimbatore residential: 36 bookings, Rs 38.6 mn collection in Q1 FY25 - No explicit forward-looking revenue or volume guidance mentioned. Q1 FY25 EBITDA: Rs 84.8 mn, up from Rs 300.6 mn in Q1 FY24 (note: this suggests a decrease, likely due to context; however, the presentation highlights EBITDA margin changes). - EBITDA margin for Q1 FY25: 26.3%, down from 56.1% in Q1 FY24. - EBITDA w/o Other Income margin for Q1 FY25: 21.7%, down from 34.0% in Q1 FY24. - Profit After Tax (PAT) for Q1 FY25: Rs -45.8 mn (loss), compared to Rs 89.1 mn profit in Q1 FY24, indicating a year-on-year decline. - Operating income (Total Income from Operations) for Q1 FY25 was Rs 321.9 mn, down from Rs 535.6 mn in Q1 FY24. - No explicit margin outlook was stated in the presentation.

Prozone Realty Ltd currently shows a neutral. The stock trades at a P/E of N/A with a market cap of ₹811 Cr. Investors should review the full earnings analysis for detailed insights.

The presentation does not explicitly mention capex amounts or new plant/project investment specifics. - Focus is on development of large-scale land parcels for mixed-use: - 75% residential & commercial (build & sell model) - 25% retail (build & lease model) - Residential projects investment includes full upfront development of clubhouse and infrastructure to ensure credibility and accelerate sales. - Coimbatore residential project phase 1: 3 towers, 540 apartments; 36 new bookings in Q1 FY25, Rs 38.6 mn collections in Q1 FY25. - Mall development strategy aims at large regional malls with strong tenant mix; Aurangabad and Coimbatore malls operational and expanding leases/fitting out spaces. - No specific capex amounts or timelines for expansions explicitly stated beyond project sales and leasing updates. - Landbank of 15.54 mn sq.ft.