Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q3 FY2014 Earnings Presentation
30 slides from Oberoi Realty's earnings presentation, Feb 1, 2014
Slide 1: Result Update Q3 FY14
Oberoi Realty Limited rooted in values. Result Update Q3 FY14 February 01, 2014 O€ OBEROI REALTY
Slide 2: Update on Mulund Property and Awards for the Quarter
• Update on Mulund Property • The private forest issue relating to the Mulund property has been resolved in favour of the Company by the order dated January 30, 2014 of the Hon’ble Supreme Court of India. • Awards for the Quarter • Oberoi Mall received GOLD certification in LEED by US Green Building
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 3
Slide 4: Balance Sheet Summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY14 9MFY13 FY13 Shareholders' Fund 439,629 409,377 416,213 Non-Current Liabilities 11,158 6,671 6,742 Current Liabilities 84,413 95,629 105,947 Total Equity and Liabilities 535,200 511,677 528,902 Non-Cur
Slide 5: Cash Flow and Cash Position
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Opening Cash and Cash Equivalents 74,256 87,358 111,103 107,247 129,339 Operating Cash Flows (22,308) (7,943) 2,313 (42,367) 2,552 Investing Cash Flows (24,499) (24,097) (3
Slide 6: Liabilities Breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY14 9MFY13 FY13 Deferred tax liabilities 2,026 1,274 1,473 Trade payables 1,000 574 797 Other Long term liabilities 8,029 4,731 4,355 Long-term provisions 103 93 117 Total Non-Current Liabilities 11,158 6
Slide 7: Assets Breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY14 9MFY13 FY13 Fixed assets 108,075 105,995 107,144 Goodwill on consolidation 26,551 26,537 26,537 Other non-current assets 139,633 111,201 124,655 Total Non-Current Assets 274,260 243,734 258,336 Cash a
Slide 8: Consolidated Profit and Loss
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Revenue from Projects 8,911 11,053 21,528 33,973 54,759 Revenue from Rent 4,168 4,102 3,626 12,037 10,332 Revenue from Hospitality 2,966 2,638 2,664 8,172 6,91
Slide 9: Margins and Return Ratios
Financial Update Investment Properties Development Properties Particulars 9MFY14 FY13 FY12 FY11 FY10 FY09 EBITDA Margin (Including Non Operating Income/ 57.17% 62.05% 65.00% 60.43% 60.09% 60.87% Total Revenue) EBITDA Margin (Excluding Non Operating Income/ 53.53% 58.43% 58.63% 57.94% 59.29% 58.15% T
Slide 10: Segment Results
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Property Particulars Total Residential Rental Hospitality Management Services 9MFY14 53.53% 47.45% 97.18% 29.17% -6.33% Total Operating Revenues 57,788 34,631 12,602 8,237 2,319 EBITDA (Excluding Non Operating 30,935 16
Slide 11: Share Price Performance vs Sensex and BSE Realty Index
Financial Update Investment Properties Development Properties 120.00 110.00 100.00 90.00 Index 80.00 70.00 60.00 50.00 40.00 30.00 19-Nov-10 14-Nov-11 17-Feb-11 19-Mar-11 15-Sep-11 12-Feb-12 7-Apr-13 18-Jan-11 18-Apr-11 17-Jul-11 13-Jan-12 13-Mar-12 12-Apr-12 11-Jul-12 9-Oct-12 6-Jun-13 4-Oct-13 7-J
Slide 12: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Dec-13 30-Sep-13 30-Jun-13 31-Mar-13 31-Dec-12 Promoter and Promoter Group 75.00% 75.00% 78.49% 78.49% 78.49% Foreign Institutional Investors (FIIs) 13.64% 12.40% 10.03% 10.30% 10.11% Domestic Institutional Investors (Institut
Slide 13: Investment Properties
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 552,893sqft. GLA: 364,888sqft. 269 rooms 13
Slide 14: Investment Property Performance: Oberoi Mall
Financial Update Investment Properties Development Properties Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Operating Revenue (Rs. Lakh) 2,231 2,249 2,023 6,557 5,952 EBITDA (Rs. Lakh) 2,106 2,159 1,941 6,282 5,711 EBITDA Margin (%) 94.41% 96.01% 95.95% 95.81% 95.96% Occupancy (%) 98.03% 99.12% 94.
Slide 15: Investment Property Performance: Commerz
Financial Update Investment Properties Development Properties Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Operating Revenue (Rs. Lakh) 1,207 1,200 1,145 3,609 3,415 EBITDA (Rs. Lakh) 1,205 1,190 1,124 3,569 3,353 EBITDA Margin (%) 99.86% 99.17% 98.13% 98.89% 98.20% Occupancy (%) 85.85% 85.85% 80.
Slide 16: Hospitality Performance: The Westin
Financial Update Investment Properties Development Properties Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Operating Revenue (Rs. Lakh) 2,987 2,659 2,686 8,237 6,980 EBITDA (Rs. Lakh) 850 755 909 2,403 1,916 EBITDA Margin (%) 28.44% 28.40% 33.84% 29.17% 27.45% Number of Rooms 269 269 269 269 269 A
Slide 17: Project Status as on Dec 31, 2013
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2013 Project Status as on Sep 30, 2013 Amount spent in Q3 FY14 is Rs. 14.52 crore Amount spent in Q2 FY14 is Rs. 2.61 crore 17
Slide 18: Development Properties
Financial Update Investment Properties Development Properties 18
Slide 19: Residential Projects Summary
Financial Update Investment Properties Development Properties Booking Revenue Area Booked Inventory Project Avg. Price Residential Projects Est. Area Value till Recognised Till Date as on Date Completion for Q3FY14 Date till Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) (Rs./sqft.) Oberoi S
Slide 20: Residential Bookings in Q3FY14
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Booking Value Residential Projects Collected in Recognised in Q3FY14 in Q3FY14 for Q3FY14 Q3FY14 in Q3FY14 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Esquire 17,560 8 3,489 754 - Oberoi Exquisi
Slide 21: Project Status as on Dec 31, 2013
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2013 Project Status as on Sep 30, 2013 21
Slide 22: Esquire Project Data
Financial Update Investment Properties Development Properties Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Project Till Date * Estimated Total Area (sqft.) 1,504,815 1,504,815 1,970,530 1,504,815 1,970,530 1,504,815 Estimated Total Units (nos.) 636 636 846 636 846 636 Area Booked (sqft) 17,560 22,
Slide 23: Project Status as on Dec 31, 2013
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2013 Project Status as on Sep 30, 2013 23
Slide 24: Oberoi Exquisite Project Data
Financial Update Investment Properties Development Properties Particulars Q3FY14 Q2FY14 Q3FY13 9MFY14 9MFY13 Project Till Date Estimated Total Area (sqft.) 1,535,670 1,535,670 1,535,670 1,535,670 1,535,670 1,535,670 Estimated Total Units (nos.) 802 802 802 802 802 802 Area Booked (sqft) 10,790 16,25
Slide 25: Project Status as on Dec 31, 2013
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2013 Project Status as on Sep 30, 2013 Amount spent in Q3 FY14 : Rs. 95.59 crore Amount spent in Q2 FY14 : Rs. 69.92 crore 25
Slide 26: Oasis Residential Project Data
Financial Update Investment Properties Development Properties Particulars Project Till Date Estimated Area of Project (sqft.) 1,783,928 Area Booked (sqft) * 114,744 Units Booked (nos.) * 12 Area in Inventory (sqft.) 1,669,184 Booking Value (Rs. Lakh) 31,789 Amount Collected (Rs. Lakh) 7,707 Revenue
Slide 27: Project Status as on Dec 31, 2013
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2013 Amount spent till Q3 FY14 : Rs. 19.36 crore 27
Slide 28: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Chief Financial Officer saumil.daru@oberoirealty.com Aditi Mittal Executive Assistant to Managing Director aditi.mittal@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 28
Slide 29: Notes and Abbreviations
Note 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. All areas / conf
Slide 30: 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