Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q1 FY2022 Earnings Presentation
40 slides from Oberoi Realty's earnings presentation, Jul 29, 2021
Slide 1: Result Update Q1FY22
Oberoi Realty Limited Result Update Q1FY22 July 29, 2021
Slide 2: Financial Update
Financial Update Investment Properties Development Properties 1
Slide 3: Summary balance sheet
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY22 Q1FY21 FY21 Non-current assets 5,67,975 4,39,250 5,28,845 Current assets 6,95,945 6,82,222 6,76,517 Total 12,63,920 11,21,472 12,05,362 Equity 9,44,974 8,65,845 9,36,914 Non-current liabilities 86,125
Slide 4: Cash flow and cash balances
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY22 Q1FY21 FY21 Opening Cash and Cash Equivalents 27,433 28,663 28,663 Operating Cash Flows 54,053 6,030 70,251 Investing Cash Flows (71,402) (10,945) (70,665) Financing Cash Flows 8,851 (10,355) (11,639)
Slide 5: Assets detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY22 Q1FY21 FY21 Non-current assets Fixed assets (including CWIP) 3,38,650 1,37,004 2,99,349 Financial assets 1,55,146 2,29,295 1,54,246 Deferred tax assets (net) 8,387 9,455 8,789 Other non-current assets
Slide 6: Liabilities detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY22 Q1FY21 FY21 Non-current liabilities Financial liabilities i) Borrowings 65,094 - 35,898 ii) Trade Payables 2,304 2,342 2,152 iii) Others 11,523 10,424 14,386 Provisions 184 121 156 Deferred tax liabili
Slide 7: Profit and loss summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Revenue from Projects 21,136 68,164 5,792 1,65,710 Revenue from Hospitality 755 1,195 227 3,167 Other Operating Revenues 158 128 36 747 Revenue from Rent 5,777 8,182 5,
Slide 8: Margins and return ratios
Financial Update Investment Properties Development Properties Particulars Q1FY22 Q1FY21 FY21 Adjusted EBITDA * Margin (Including Non Operating 45.93% 52.60% 48.66% Income) Adjusted EBITDA * Margin (Excluding Non Operating 43.93% 49.05% 47.71% Income) PAT Margin 27.35% 22.12% 35.36% RONW# 3.50% 1.37%
Slide 9: Segment revenue and Adjusted EBITDA
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q1FY22 45.93% 37.48% 94.17% -27.80% -5.27% Total Revenues 29,476 22,222 5,809 819 626 Adjusted EBITDA* 13,538 8,329 5,470 (228) (33) Q1FY21 52
Slide 10: Share price versus Sensex and BSE Realty Index
Index 20.00 40.00 60.00 80.00 100.00 120.00 140.00 160.00 200.00 220.00 240.00 260.00 180.00 280.00 20-Oct-10 21-Jan-11 24-Apr-11 26-Jul-11 27-Oct-11 28-Jan-12 Financial Update 30-Apr-12 1-Aug-12 2-Nov-12 3-Feb-13 7-May-13 8-Aug-13 9-Nov-13 10-Feb-14 14-May-14 Sensex 15-Aug-14 16-Nov-14 17-Feb-15 Fo
Slide 11: Shareholding pattern
Financial Update Investment Properties Development Properties Category 30-Jun-21 31-Mar-21 31-Dec-20 30-Sep-20 30-Jun-20 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 23.50% 24.85% 25.62% 25.41% 26.15% Domestic Institutional Investors 6.00% 4.8
Slide 12: Investment Properties
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 313,381 sqft. GLA: 782,674 sqft. 269 rooms GLA: 552,893 sqft. 11
Slide 13: Oberoi Mall operating metrics
Financial Update Investment Properties Development Properties Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Operating Revenue (Rs. Lakh) 319 3,015 149 11,659 EBITDA (Rs. Lakh) 201 2,515 46 10,728 EBITDA Margin (%) 63.06% 83.42% 31.22% 92.01% Occupancy (%) 92.61% 93.47% 95.00% 93.88% Area Leased (Sqft.) 5,12
Slide 14: Commerz II operating metrics
Financial Update Investment Properties Development Properties Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Operating Revenue (Rs. Lakh) 719 674 441 2,277 EBITDA (Rs. Lakh) 657 493 382 1,928 EBITDA Margin (%) 91.45% 73.08% 86.69% 84.64% Occupancy (%) 53.54% 45.56% 33.59% 38.58% Area Leased (Sqft.) 1,67,784
Slide 15: Commerz operating metrics
Financial Update Investment Properties Development Properties Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Operating Revenue (Rs. Lakh) 3,203 2,953 3,260 12,852 EBITDA (Rs. Lakh) 3,019 2,697 3,222 12,085 EBITDA Margin (%) 94.24% 91.33% 98.81% 94.03% Occupancy (%) 97.39% 97.39% 100.00% 98.04% Area Leased (S
Slide 16: The Westin Mumbai Garden City hotel metrics
Financial Update Investment Properties Development Properties Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Operating Revenue (Rs. Lakh) 777 1,216 248 3,253 EBITDA (Rs. Lakh) (269) 40 (484) (515) EBITDA Margin (%) -34.59% 3.28% -194.87% -15.84% Number of Rooms 269 269 269 269 Average Room Rate (Rs.) 4,685 5
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential projects status summary
Financial Update Investment Properties Development Properties Revenue Area Available Area Booked Inventory as on Booking Value Project Residential Projects Recognised till for Booking Till Date Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Seven 39,550 33,900 5,650
Slide 19: Residential projects area booked in Q1FY22
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in in Q1FY22 in Q1FY22 for Q1FY22 Q1FY22 Q1FY22 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite 11,705 2 2,604 2,578 2,604 Esquire
Slide 20: Exquisite project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 15,47,610 15,47,610 15,47,610 15,47,610 15,47,610 Units available for booking (nos.) 802 802 802 802 802 Area Booked (sqft) 11,705 14,710 - 55,635
Slide 21: Esquire project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 21,22,031 21,22,031 21,22,031 21,22,031 21,22,031 Units available for booking (nos.) 882 882 882 882 882 Area Booked (sqft) 9,992 64,416 7,191 1,92
Slide 22: Elysian project status as on June 30, 2021
Financial Update Investment Properties Development Properties Project status as on June 30, 2021 21
Slide 23: Elysian project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 FY21 Date Area available for booking (sqft.) 11,80,387 11,75,550 11,75,550 11,80,387 Units available for booking (nos.) 349 349 349 349 Area Booked (sqft) 10,038 5,32,188 5,32,188 5,42,226 Units Book
Slide 24: Prisma project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 2,68,750 2,68,750 2,68,750 2,68,750 2,68,750 Units available for booking (nos.) 91 91 91 91 91 Area Booked (sqft) 2,800 - - - 2,62,379 Units Booked
Slide 25: Maxima project status
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2021 Project status as on Mar 31, 2021 Artist Impression 24
Slide 26: Maxima project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 4,10,595 4,10,595 4,10,595 4,10,595 4,10,595 Units available for booking (nos.) 178 178 178 178 178 Area Booked (sqft) 6,861 43,498 - 80,135 1,09,9
Slide 27: Eternia project
Financial Update Investment Properties Development Properties Artist Impression 26
Slide 28: Eternia project status
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2021 Project status as on Mar 31, 2021 27
Slide 29: Eternia project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 21,58,100 21,58,100 17,67,640 21,58,100 21,58,100 Units available for booking (nos.) 1,296 1,296 1,068 1,296 1,296 Area Booked (sqft) 6,940 45,360
Slide 30: Financial Update
Financial Update Investment Properties Development Properties 29
Slide 31: Enigma project status
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2021 Project status as on Mar 31, 2021 30
Slide 32: Enigma project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 20,25,213 20,25,213 17,45,682 20,25,213 20,25,213 Units available for booking (nos.) 683 683 589 683 683 Area Booked (sqft) 12,182 97,891 3,411 2,2
Slide 33: Sky City project
Financial Update Investment Properties Development Properties Artist Impression 32
Slide 34: Sky City project status
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2021 Project status as on Mar 31, 2021 Artist Impression 33
Slide 35: Sky City project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 36,60,022 36,57,175 28,87,679 36,57,175 36,60,022 Units available for booking (nos.) 2,233 2,232 1,834 2,232 2,233 Area Booked (sqft) 31,610 2,55,5
Slide 36: Status as on June 30, 2021
Financial Update Investment Properties Development Properties Project Status as on June 30, 2021 Amount spent in Q1FY22 : Rs. 24.32 crore 35
Slide 37: Three Sixty West project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q1FY22 Q4FY21 Q1FY21 FY21 Date Area available for booking (sqft.) 22,82,346 22,82,346 22,82,346 22,82,346 22,82,346 * Area Booked (sqft) - 9,562 - 58,788 6,60,534 * Units Booked (nos.) - 1 - 7 71 Area in Inventory
Slide 38: Investor Relations contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Mayank Kapoor EA to MD and Investor Relations mayank.kapoor@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 37
Slide 39: Notes
Notes 1. Considering the nature of the business carried on by the Company whereby revenues do not necessarily accrue evenly over the projects period, the revenues of the quarter and/or the year may not be strictly comparable with the results of the corresponding quarter and/or the year. 2. Total are
Slide 40: Disclaimer
This presentation has been prepared by Oberoi Realty Limited (ORL) and does not constitute a prospectus or placement memorandum or an offer to acquire any securities of ORL. This presentation or any other documentation or information (or any part thereof) delivered or supplied should not be deemed t