sudhir moravekar chairman of panoramic universal ltd

7/28/2019 Sudhir Moravekar Chairman of Panoramic Universal Ltd

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About us

Industry overview

Robust business model

HospitalityHotels & Resorts

Timeshare & Condominiums

Travel & Tourism

Information technology

Future roadmap

Financials

Structure


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About us

Flagship company of the Panoramic Group

Panoramic Universal operates in three strategic business divisions

Hospitality, Travel & Tourism and Information Technology

Owns ,manages and operates 11 hotels across India, USA and New Zealand with total

inventory of 997 rooms

Also owns and manages Asias largest revolving entertainment lounge Area 51 at Pune

Headquartered in Mumbai with offices across major cities of India,

USA,UK, New Zealand and UAE

Listed on the Bombay Stock Exchange (BSE) and

National Stock Exchange (NSE)


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Some accolades

Panoramic Universal rated as 2nd best wealth creator of the decade by Money Life(Sucheta Dalal)

Ranked 281 in the MID CAP 500 by Dalal Street.

Ranked 601 in BT Top Next 500 Companies 2009 (501 -1000) by Business Today

(Issue date15th Nov 2009)

Managing Indias first 4 Star hotel cum Lifestyle Club at Thane.

Launched its own travel portals www.travelhot.in & www.traveluniversally.com


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Industry overview

The hospitality sector is expected to rise to USD 275 billion in the next 10 yearsThe domestic hospitality sector is expected to see investments of over USD 11 billion in

the next two years

40 international hotel brands making their presence in the country in the next few years

India still continues to remain one of the world's fastest growing hotel markets

Occupancy rates for hotels in India are among the highest in the world

Average Room Rate (ARR) for Delhi and Mumbai are comparable to that of global cities

such as New York, Singapore and Hong Kong

(Source: Cushman & Wakefield Research Report, January 2009)


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According to Government of India and FHRAI (Federation of Hotels and RestaurantsAssociation of India) there are approx 120,000 rooms operating in India

Additional 52,200 hotel rooms are expected to be available across the

11 cities Ahmedabad, Benagluru, Chennai, Goa, Hyderabad, Jaipur, Kochi, Kolkata,

Mumbai, NCR and Pune

Of this, approximately 28,012 rooms, representing around 54% of the total room supply

of the study, belong to the up-scale category

Bengaluru tops this list with the highest number of up-scale rooms (6,356), followed by

NCR (4,600) and Hyderabad (3,554)


Industry overview


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Industry overview

India is ranked as the world's fifth most popular tourist destination according to theWTTC

India's inherent potential and appeal as a tourist, medical and heritage destination

remains unaffected

World Travel and Tourism Council (WTTC) estimates, India's tourism demand is likely

to grow at an average rate of 8.8% till 2013 (as against 4% growth globally) which will

make it the third fastest growing tourism market in the world

Government has declared the hotel and tourism industry as a high priority sector with a

provision for 100% Foreign Direct Investment (FDI) through the automatic route



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Industry overview

Approximately USD 150 billion are expected to be spent over the next five years on tourismrelated infrastructure by the Government.

The Indian hospitality sector has not kept pace with the increasing tourist inflows, resulting in

high room rates and low availability of quality rooms across major Indian cities

It is estimated that the number of required hotel rooms is around 250,000, the current

availability is just about 110,000, leaving a shortfall of 140,000 rooms to be provided

Only 58% of the announced 102,000 rooms are under active development and are expected to

be completed over the next five years



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An improvement was observed in the growth rate of FEE (in Rupee terms)in June 2009 (11.5 per cent) as compared to May 2009 (8.7 per cent) and

in April 2009 (7.6 per cent)

FEE during JanuaryJune 2009 were US$ 5.007 billion and FEE in

US$ terms during the month of June 2009 alone stood at US$ 796 million

Despite short- and medium-term setbacks, tourism revenues are expected to

rise by 42 per cent from 2007 to 2017

Last year 5.37 million foreign tourists visited the country, of which

820,000 came from the US, followed by 780,000 from the UK


Growth trends


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Multi-vision

Work on for consolidationof United 21 brand

Multi-foray

Forayed intoTourismacquiredTourism agencies In

USA, India

Multi-expansion

Launched own Travelportal

Multi RevenueModel

Mixed Use Projects tooffset high land Prices

& faster break even

Multi-Concept

Introduce time share &condominium projectsfor faster pay back &continuous cash flow

Multi-offering

Offer integratedsolutions to

clients in IT sector.

Multi-location

Own, run, manage StarCategory hotels in India,

USA & NZ

Growth strategy


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HospitalityTravel &

Tourism

Information

Technology

Hotels & Resorts

Timeshare &Condominiums

Acquired travel agencies in

India & USA Travel portal

www.travelhot.in

www.traveluniversally.com

Software products and

development

Robust business model
http://www.travelhot.in/http://www.traveluniversally.com/http://www.traveluniversally.com/http://www.travelhot.in/


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I. Hospitality

1. Hotels & Resorts

Presence in the Indian market

Total No. of hotels5

Rooms inventory173

Owned and managed

Hotel Location Room Inventory

Sai Sahavas Shirdi 38

Sagar Kinara Malvan 30

Garciano Cottages Goa 22

Panoramic Resort & Water

Park

Panvel 37

Total 127On management contract basis

United 21 Thane 46


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Presence in India

Hotel Sai Sahavas,

Shirdi

Hotel Sagar

Kinara, Malvan

Garciano Cottages,

Goa

Located in close

proximity to theShri Sai Baba Temple

it enables the devotees

to conveniently access

the temple

Rooms: 38

Situated on the beach,

the hotel offers amagnificent view of

the Sindhudurg Fort

built in the sea

Rooms: 30

Situated in the midst

of one of the mostbeautiful beaches

known for its white

silvery sandsthe

Colva beach

Rooms: 22

1. Hotels & Resorts


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Presence in India

Panoramic Resort

& Water Park,

Panvel

United 21, Thane

Under management

contract

Area 51, Pune

Entertainment

Lounge

A perfect weekend get

away from Mumbai Spread over 15 acres of

land consisting of 25

cottages and 12 porta

cabins with a conference

hall

Rooms: 37

Sprawled over spacious

35,000 sq. ft. A 4 star hotel with a

lifestyle club

Equipped with best in class

amenities & services

Offers 8 suites and

36 luxury rooms

Rooms: 46

Shaped like a spaceship,

Area 51 is Indiaslargest revolving

entertainment lounge

Contemporary and

futuristic in design,

it offers the perfect

party atmosphere.

1. Hotels & Resorts


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Total no. of hotels6

Room inventory821

Hotel Location RoomInventory

The Georgian

Resort

Lake George, New

York

164

Clarion Inn Hudson, Ohio 239Ecnolodge Burlington, North

Carolina

125

United Inn Syracuse, New York 142

Baymont Inn &Suites Greensbro, NorthCarolina 122

Overseas presence

1. Hotels & Resorts


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Overseas presence

The Georgian

Resort, New York

Clarion Inn,

Ohio

Econolodge, North

Carolina

Amongst Panoramics

prime properties

Situated on the shores of

Lake George, the hotel is

ideal for conferences,

family holidays, special

events

Rooms: 164

The perfect location for

a weekend get away

Situated in close

proximity to various

recreation spots like

Bridgestone World

Wildwater Kingdom

and Geauga Lake

Rooms: 239

Located just south of

Interstate 40

Close proximity to

various tourist

attractions and

recreational activities

such as boating, fishing,

canoeing and skiing.

Rooms: 125

1. Hotels & Resorts


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1. Hotels & Resorts

Overseas presence

United Inn, New

York

Baymont Inn and

Suites - North

Carolina,

Sai Motels,

Auckland

Situated in central New

York

Attracts travelers by

providing high-quality

service and all necessary

amenities

Rooms: 142

Situated in close

proximity to the

Piedmont Triad

International Airport and

located in the heart of

Greensboro city makes

this a perfect business

hotel

Rooms: 121

Situated in the

heart of Auckland city

Offers a range of

amenities and quality

service to the business

as well as tourist

customers.

Rooms: 22


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2. Timeshare & Condominiums

Gaining popularity as an investment in future vacations

The popularity can be judged from the estimated number of members worldwidenearly six

million members for such clubs worldwide

India this concept is expected to grow at the rate of 18 to 20 % year-on-year

Panoramic is considering the options to foray into this lucrative business

The Company is considering entering into affiliations with large, time share vacation networks


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Travelagency Travelportal

II. Travel & Tourism

Forayed into this business by adopting a two pronged approach:


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1. Travel agency

Panoramic Tours & Travels Ltd. - a full service domestic travel agency

Acquired an IATA approved agency, Hi-Flyers Travel Services Ltd. in India

(now called Panoramic Tours & Travels Ltd.)

The acquisition marked the Companys entry into the fast-growing field of domestic travel

and tourism.

With expanded services like outbound tours the Company is also focusing on developinginbound tour.

Seeking active support from its New York based agency for developing inbound tours.

Services cater to the requirements of premium corporate and

HNI clients.


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1. Travel agency

Future Travels - a travel agency based in the heart of New York City

Acquired Future Travels - a travel agency based in the heart of New York City

Working in close association with 600 small and big businesses, Future Travels serves

more than 15,000 customers

Tie-ups with Air India, Kuwait Airways, Delta, Air France, Lufthansa, British Airways,

American Airlines etc

Specializes in customized worldwide holiday tours

Also arranges to unique destinations like Mansarovar, Mount Kailash as also other tourist

attractions


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2. Travel portal

Launched own travel portals - www.travelhot.in & www.traveluniversally.com

The portal aims to offer comprehensive travel solutions to its customers such as:

- Air ticket booking

- Travel arrangements

- Travel and tour packages catering to B2B and B2C segments.

Would interlinking various travel options with the Companys ever-expanding hospitality

options in India and abroad

Panoramic is confident of providing a relaxed travel experience to its

valued customers through this portal


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III. Information Technology

This division offers a wide range of products and services that help clients lower theircosts and increase their speed of innovation

Specialized in customized software applications are offered for:

- Marketing & Sales

- Payroll Management

- Accounting Modules

- Customer relationship management

Continued focus on important software products for Construction,

HR, Production & Materials & Hotel Management sectors

The development of these customized product software

will enable the Company to scale to higher levels


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Expansion continues to be on track withseveral upcoming hotel projects on the anvil

Plans to develop, own, manage and operate the

upcoming hospitality projects at variouslocations

Development would be done directly and / orthrough SPVs

Aims to double the rooms under its operationby adding 929 hotel rooms to its existing roominventory of 997 with the completion /acquisition of the exciting new projects

Future strategy


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Hotel Location Room

Inventory

4 Star Hotel Hyderabad, Andhra

Pradesh

4 Star Hotel Munnar, Kerala

5 Star Hotel & Ayurvedic Spa Kumarakoum, Kerala

3 Star Hotel & Commercial

Complex

Jaipur, Rajasthan

Jungle Resort Usgaon, Goa

3 Star Hotel Vechoor, Kerala

Total

Upcoming projects

58

125

65

150

75

558

85


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On management contract basis

Hotel LocationRoom

Inventory

5 Star Hotel Pune, Maharahtra 185

3 Star Hotel, Club & Service

Apartment

Durgapur, West

Bengal 92

3 Star Hotel Mysore, Karnataka 64

3 Star HotelKodaikanal,

Tamilnadu30

Total 371

Upcoming projects


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Key management team

Sudhir Moravekar, Chairman

Viidyaa Moravekar, Managing Director

Arun Tari, Wholetime Director

Dyanaraj Moravekar,Director

Siddhartha Moravekar,Director

Vilas Mitbawkar,Director

Mehul Parekh,Director

Hemlata Sawant,Director

Abeezar Faizullabhoy,Director

Rajendra Gawde, Director


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Financials

Particulars FY07 FY08 FY09 FY10 FY11*

Total Income 1331.90 1348.39 1510.05 1337.80 1589.73

Profit Before Depreciation,

Interest and Tax 594.89 616.32 663.95 584.96 599.48

Profit Before Interest and Tax 544.26 563.11 603.25 511.03 524.73

Profit Before Tax 544.26 493.40 540.74 474.47 497.09

Profit After Tax 328.27 339.75 389.17 348.22 316.46

Paid up equity share capital

(face value Rs 5 each) 64.78 64.78 64.78 64.78 388.72 #

Basic & diluted EPS (in Rs) 25.33 26.22 26.87 23.71 3.55

(Consolidated Figures in Rs. in Mn)

Note : * Unaudited Fig for FY 10-11

#Equity Expanded on account of Bonus Issue in the ratio 5:1


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Thank You

sudhir moravekar chairman of panoramic universal ltd

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