Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q2 FY23 Earnings Presentation
37 slides from Oberoi Realty's earnings presentation, Oct 14, 2022
Slide 1: Oberoi Realty Limited Result Update Q2FY23
Oberoi Realty Limited Result Update Q2FY23 October 14, 2022
Slide 2: Financial Update, Investment Properties, Development Properties
Financial Update Investment Properties Development Properties 1
Slide 3: Financial Update: Summary Balance Sheet
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY23 H1FY22 FY22 Non-current assets 7,26,575 6,08,064 6,78,150 Current assets 9,23,856 7,42,641 8,90,907 Total 16,50,431 13,50,705 15,69,057 Equity 11,02,863 9,71,606 10,41,614 Non-current liabilities 2,60,
Slide 4: Financial Update: Cash Flow and Liquidity
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Opening Cash and Cash Equivalents 1,27,587 1,19,554 51,007 1,19,554 27,433 Operating Cash Flows (16,343) 31,421 3,075 15,078 57,127 Investing Cash Flows (76,701) (1,07,847)
Slide 5: Financial Update: Assets Breakdown
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY23 H1FY22 FY22 Non-current assets Fixed assets (including CWIP) 4,60,254 3,84,575 4,27,717 Financial assets 1,92,966 1,53,118 1,81,102 Deferred tax assets (net) 3,112 6,658 2,727 Other non-current assets
Slide 6: Financial Update: Liabilities Breakdown
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY23 H1FY22 FY22 Non-current liabilities Financial liabilities i) Borrowings 2,34,010 1,07,761 2,16,496 ii) Trade Payables 4,314 2,441 3,219 iii) Others 16,242 11,822 16,705 Provisions 164 210 173 Deferred
Slide 7: Financial Update: Profit and Loss Statement
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Revenue from Projects 55,632 77,253 67,081 1,32,886 88,218 Revenue from Hospitality 3,384 3,460 1,621 6,844 2,376 Other Operating Revenues 96 571 176 666 334 R
Slide 8: Financial Ratios
Financial Update Investment Properties Development Properties Particulars H1FY23 H1FY22 Operating margin 50.11% 47.95% Net profit margin 43.83% 32.66% # RONW 16.18% 7.35% # ROCE 13.72% 6.78% Gross debt to equity 0.27 0.22 Net debt to equity 0.18 0.16 Current ratio 3.22 2.97 #Calculated on Average Ne
Slide 9: Financial Update: Segment Revenue and Operating Margin
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q2FY23 45.08% 39.20% 94.82% 32.50% -10.44% Revenues from operations 68,859 55,659 8,683 3,405 1,112 Operating margin 31,044 21,820 8,233 1,107
Slide 10: Share Price Performance vs Sensex and BSE Realty Index
Index 20.00 40.00 80.00 100.00 120.00 140.00 180.00 200.00 220.00 240.00 260.00 280.00 300.00 320.00 360.00 380.00 400.00 420.00 160.00 340.00 60.00 20-Oct-10 17-Jan-11 16-Apr-11 14-Jul-11 11-Oct-11 8-Jan-12 6-Apr-12 4-Jul-12 Financial Update 1-Oct-12 29-Dec-12 28-Mar-13 25-Jun-13 22-Sep-13 20-Dec-1
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 30-Sep-22 30-Jun-22 31-Mar-22 31-Dec-21 30-Sep-21 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 18.02% 19.42% 20.26% 20.50% 22.22% Domestic Institutional Investors 11.79% 9.
Slide 12: Investment Properties Overview
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: Investment Properties: Mall Performance
Financial Update Investment Properties Development Properties Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Operating Revenue (Rs. Lakh) 3,474 3,760 378 7,234 697 EBITDA (Rs. Lakh) 3,317 3,594 190 6,911 391 EBITDA Margin (%) 95.48% 95.58% 50.31% 95.53% 56.14% Occupancy (%) 96.19% 95.97% 94.62% 96.0
Slide 14: Investment Properties: Commercial Performance
Financial Update Investment Properties Development Properties Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Operating Revenue (Rs. Lakh) 757 781 713 1,538 1,432 EBITDA (Rs. Lakh) 675 606 653 1,281 1,310 EBITDA Margin (%) 89.20% 77.54% 91.63% 83.28% 91.53% Occupancy (%) 56.76% 53.54% 53.54% 55.15% 5
Slide 15: Investment Properties: Commercial Performance
Financial Update Investment Properties Development Properties Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Operating Revenue (Rs. Lakh) 2,884 2,719 3,205 5,603 6,408 EBITDA (Rs. Lakh) 2,675 2,510 3,035 5,185 6,054 EBITDA Margin (%) 92.74% 92.29% 94.71% 92.53% 94.47% Occupancy (%) 81.11% 80.87% 97.
Slide 16: Investment Properties: Hospitality Performance
Financial Update Investment Properties Development Properties Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Operating Revenue (Rs. Lakh) 3,405 3,481 1,643 6,886 2,420 EBITDA (Rs. Lakh) 1,106 1,359 273 2,465 4 EBITDA Margin (%) 32.49% 39.03% 16.62% 35.80% 0.18% Number of Rooms 269 269 269 269 269 Av
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential Projects 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) (%) Elysian 25,00,600 14,84,4
Slide 19: Residential Projects Area Booked in Q2FY23
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value for Residential Projects Collected in Recognised in in Q2FY23 in Q2FY23 Q2FY23 Q2FY23 Q2FY23 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Elysian 63,100 19 13,464 11,308 4,213 Esquire
Slide 20: Project Status: Elysian
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2022 Project status as on Sep 30, 2022 19
Slide 21: Elysian Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 25,00,600 25,00,600 11,80,387 25,00,600 11,80,387 25,00,600 Units available for booking (nos.) 719 719 349 719 349 719 Area Booked (sqft)
Slide 22: Project Status: Esquire
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2022 Project status as on Sep 30, 2022 Artist Impression 21
Slide 23: Maxima Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 3,17,482 3,17,482 4,10,595 3,17,482 4,10,595 3,17,482 Units available for booking (nos.) 132 132 178 132 178 132 Area Booked (sqft) 10,582
Slide 24: Project Status: Maxima
Financial Update Investment Properties Development Properties Artist Impression 23
Slide 25: Project Status: Eternia
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2022 Project status as on Sep 30, 2022 24
Slide 26: Eternia Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 21,81,488 21,58,100 21,58,100 21,81,488 21,58,100 21,81,488 Units available for booking (nos.) 1,312 1,296 1,296 1,312 1,296 1,312 Area Bo
Slide 27: Project Status: Enigma
Financial Update Investment Properties Development Properties Artist Impression 26
Slide 28: Project Status: Enigma
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2022 Project status as on Sep 30, 2022 27
Slide 29: Enigma Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 20,23,832 20,25,213 20,25,213 20,23,832 20,25,213 20,23,832 Units available for booking (nos.) 682 683 683 682 683 682 Area Booked (sqft)
Slide 30: Project Status: Sky City
Financial Update Investment Properties Development Properties Artist Impression 29
Slide 31: Project Status: Sky City
Financial Update Investment Properties Development Properties Project status as on Jun 30, 2022 Project status as on Sep 30, 2022 Artist Impression 30
Slide 32: Sky City Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 36,60,022 36,60,022 36,60,022 36,60,022 36,60,022 36,60,022 Units available for booking (nos.) 2,233 2,233 2,233 2,233 2,233 2,233 Area Bo
Slide 33: Project Status as on Sep 30, 2022
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2022 32
Slide 34: Three Sixty West Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY23 Q1FY23 Q2FY22 H1FY23 H1FY22 Date Area available for booking (sqft.) 22,82,346 22,82,346 22,82,346 22,82,346 22,82,346 22,82,346 Area Booked (sqft) 73,281 - (9,562) 73,281 (9,562) 7,14,691* Units Booked (nos
Slide 35: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Harsha Navlani EA to CMD and Investor Relations harsha.navlani@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 34
Slide 36: 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 37: 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