Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q1 FY2025 Earnings Presentation
35 slides from Oberoi Realty's earnings presentation, Jul 19, 2024
Slide 1: Results Update Q1FY25
Results Update Q1FY25 July 19, 2024
Slide 2: Contents
CONTENTS Financial Update Investment Properties Development Properties 1
Slide 3: Balance Sheet – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Balance Sheet – Abstract (Consolidated) Amount in Rs Lakh Particulars Q1FY25 Q1FY24 FY24 Non-current assets 6,96,768 6,49,325 6,88,749 Current assets 12,96,500 12,15,761 12,74,592 Total 19,93,268 18,65,086 19,63,341 Equity 14,28,338 12,38
Slide 4: Cash Flow – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Cash Flow – Abstract (Consolidated) Amount in Rs Lakh Particulars Q1FY25 Q1FY24 FY24 Opening Cash and Cash Equivalents 1,26,870 83,699 83,699 Operating Cash Flows 66,411 77,077 2,80,985 Investing Cash Flows (59,223) (76,541) (82,627) Fina
Slide 5: Assets – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Assets – Abstract (Consolidated) Amount in Rs Lakh Particulars Q1FY25 Q1FY24 FY24 Non-current assets Fixed assets (including CWIP) 5,83,100 5,23,577 5,75,804 Financial assets 37,827 45,364 35,437 Deferred tax assets (net) 15,914 20,359 17
Slide 6: Liabilities – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Liabilities – Abstract (Consolidated) Amount in Rs Lakh Particulars Q1FY25 Q1FY24 FY24 Non-current liabilities Financial liabilities i) Borrowings 1,87,504 2,86,185 2,19,204 ii) Trade Payables 6,387 7,588 6,086 iii) Others 26,292 16,474 2
Slide 7: Profit & Loss Account – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Profit & Loss Account – Abstract (Consolidated) Amount in Rs Lakh (Except EPS) Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Revenue from Projects 1,16,441 1,09,053 71,522 3,66,627 Revenue from Hospitality 4,182 4,815 3,922 17,634 Other Operating
Slide 8: Key Financial Parameters
Financial Update Investment Properties Development Properties Key Financial Parameters Particulars Q1FY25 Q1FY24 FY24 Operating margin 58.00% 52.06% 53.60% Net profit margin 40.54% 34.45% 39.98% # * RONW 16.62% 10.46% 14.79% * ROCE# 15.69% 9.50% 13.20% Gross debt to equity 0.15 0.30 0.18 Net debt to
Slide 9: Operating Margin Analysis
Financial Update Investment Properties Development Properties Operating Margin Analysis Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q1FY25 58.00% 54.60% 91.77% 39.79% -18.99% Revenues from operations 1,40,516 1,17,676 17,262 4,203 1,375 Operating m
Slide 10: Performance of Scrip (Last years)
Financial Update Investment Properties Development Properties Performance of Scrip (Last 10 years) 910.00 860.00 ~23% CAGR 810.00 760.00 710.00 660.00 610.00 ~19% CAGR 560.00 510.00 Index 460.00 410.00 360.00 ~13% CAGR 310.00 260.00 210.00 160.00 110.00 60.00 10.00 5-Sep-20 5-Sep-15 13-Nov-16 1-Aug-
Slide 11: Shareholding Pattern (%)
Financial Update Investment Properties Development Properties Shareholding Pattern (%) Category 30-Jun-24 31-Mar-24 31-Dec-23 30-Sep-23 30-Jun-23 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 18.15% 17.09% 17.53% 17.94% 18.16% Domestic Institut
Slide 12: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed Carpet Area: 189,250 sqft. Carpet Area: 480,754 sqft. Carpet Area: 23,20,221 sqft. 11
Slide 13: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed The Westin Mumbai Garden City Carpet Area: 317,046 sqft. 269 Rooms 12
Slide 14: Commerz
Financial Update Investment Properties Development Properties Commerz Particulars Q1FY25 Q4FY24 Q1FY24 FY24 # Operating Revenue (Rs. Lakh) 942 766 794 3,631 EBITDA (Rs. Lakh) 888 666 714 3,276 EBITDA Margin (%) 94% 87% 90% 90% Occupancy (%) 76% 64% 56% 58% Carpet Area Leased (sqft.) 1,44,232 1,21,72
Slide 15: Commerz II
Financial Update Investment Properties Development Properties Commerz II Particulars Q1FY25 Q4FY24 Q1FY24 FY24 # Operating Revenue (Rs. Lakh) 3,312 3,325 2,681 11,473 EBITDA (Rs. Lakh) 3,092 3,089 2,494 10,586 EBITDA Margin (%) 93% 93% 93% 92% Occupancy (%) 93% 93% 80% 86% Carpet Area Leased (sqft.)
Slide 16: Commerz III
Financial Update Investment Properties Development Properties Commerz III Particulars Q1FY25 # Operating Revenue (Rs. Lakh) 6,581 EBITDA (Rs. Lakh) 5,597 EBITDA Margin (%) 85% Occupancy (%) 54% Carpet Area Leased (sqft.) 12,62,961 Note: The annual occupancy is the arithmetic average of the occupancy
Slide 17: Oberoi Mall
Financial Update Investment Properties Development Properties Oberoi Mall Particulars Q1FY25 Q4FY24 Q1FY24 FY24 # Operating Revenue (Rs. Lakh) 4,685 4,652 3,783 16,499 EBITDA (Rs. Lakh) 4,531 4,267 3,580 15,481 EBITDA Margin (%) 97% 92% 95% 94% * * Occupancy (%) 99% 97% 96% 97% Carpet Area Leased (s
Slide 18: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Operating Revenue (Rs. Lakh) 4,203 4,846 3,943 17,730 EBITDA (Rs. Lakh) 1,681 2,077 1,445 6,990 EBITDA Margin (%) 40% 43% 37% 39% Number of Rooms 269 269 269 269 Average
Slide 19: Development Properties
Financial Update Investment Properties Development Properties Development Properties 18
Slide 20: Project Till Date Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Project Till Date Synopsis – Key Development Properties Revenue Area Booked Inventory as Booking Value Project Residential Projects Carpet Area Recognised till Till Date on Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh)
Slide 21: Quarterly Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Quarterly Synopsis – Key Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in in Q1FY25 in Q1FY25 for Q1FY25 Q1FY25 Q1FY25 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lak
Slide 22: Elysian
Financial Update Investment Properties Development Properties Elysian Project status as on Mar 31, 2024 Project status as on June 30, 2024 Tower – C Tower – C 21
Slide 23: Elysian
Financial Update Investment Properties Development Properties Elysian Project Till Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Date Carpet area (sqft.) 21,77,157 21,77,157 15,15,481 21,77,157 21,77,157 Units (nos.) 984 984 719 984 984 Area Booked (sqft.) 49,853 2,86,865 28,226 3,76,745 13,56,288 Units Boo
Slide 24: Forestville
Financial Update Investment Properties Development Properties Forestville Project status as on Mar 31, 2024 Project status as on Jun 30, 2024 Tower - C Tower - C 23
Slide 25: Forestville
Financial Update Investment Properties Development Properties Forestville Project Till Particulars Q1FY25 Q4FY24 FY24 Date Carpet area (sqft.) 11,08,932 11,08,932 11,08,932 11,08,932 Units (nos.) 1,257 1,257 1,257 1,257 Area Booked (sqft.) 28,989 19,477 1,28,252 1,57,241 Units Booked (nos.) 32 20 13
Slide 26: Eternia
Financial Update Investment Properties Development Properties Eternia 25
Slide 27: Eternia
Financial Update Investment Properties Development Properties Eternia Project Till Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Date Carpet area (sqft.) 13,49,549 13,49,549 13,49,549 13,49,549 13,49,549 Units (nos.) 1,312 1,312 1,312 1,312 1,312 Area Booked (sqft.) 21,683 28,717 25,782 1,16,673 8,43,708 Un
Slide 28: Enigma
Financial Update Investment Properties Development Properties Enigma 27
Slide 29: Enigma
Financial Update Investment Properties Development Properties Enigma Project Till Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Date Carpet area (sqft.) 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 Units (nos.) 682 682 682 682 682 Area Booked (sqft.) 21,056 34,990 22,942 1,35,522 8,67,400 Units Booked
Slide 30: Sky City
Financial Update Investment Properties Development Properties Sky City Project status as on Mar 31, 2024 Project status as on June 30, 2024 Tower - F Tower - F 29
Slide 31: Sky City
Financial Update Investment Properties Development Properties Sky City Project Till Particulars Q1FY25 Q4FY24 Q1FY24 FY24 Date Carpet area (sqft.) 28,54,907 28,54,907 28,54,907 28,54,907 28,54,907 Units (nos.) 2,734 2,734 2,734 2,734 2,734 Area Booked (sqft.) 48,759 60,747 68,938 2,60,742 24,71,655
Slide 32: Highlights and Awards
Financial Update Investment Properties Development Properties Highlights and Awards ➢ Entered into Development Agreement for land admeasuring ~12,790 square meters at Adarsh Nagar, Worli ➢ Oberoi Realty wins “Best use of AI in Social Media in 2024” Award 31
Slide 33: Thank You
Thank You For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 32
Slide 34: Annexure
Annexure Notes 1. The areas of the Investment Properties and Development Properties are the carpet areas as per prevailing law / contractual arrangements. 2. All areas / configurations of projects are based on present estimates and are subject to change based on regulatory requirements and / or desi
Slide 35: Disclaimer
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