Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q2 FY2024 Earnings Presentation
33 slides from Oberoi Realty's earnings presentation, Oct 27, 2023
Slide 1: Oberoi Realty Limited Result Update Q2FY24
Oberoi Realty Limited Result Update Q2FY24 October 27, 2023
Slide 2: Table of Contents
Table of Contents Financial Update Investment Properties Development Properties Note: The areas for Investment Properties and Development Properties mentioned in this Result Update refer to carpet areas. 1
Slide 3: Balance Sheet – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Balance Sheet – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY24 H1FY23 FY23 Non-current assets 6,61,654 7,26,575 6,18,461 Current assets 11,89,166 9,23,856 12,45,639 Total 18,50,820 16,50,431 18,64,100 Equity 12,84,211 11,02,
Slide 4: Cash Flow – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Cash Flow – Abstract (Consolidated) Amount in Rs Lakh Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Opening Cash and Cash Equivalents 1,02,370 83,699 1,27,587 83,699 1,19,554 Operating Cash Flows 70,093 77,077 (16,343) 1,47,171 15,078 In
Slide 5: Assets – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Assets – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY24 H1FY23 FY23 Non-current assets Fixed assets (including CWIP) 5,39,899 4,60,254 4,98,000 Financial assets 49,304 1,92,966 46,168 Deferred tax assets (net) 18,294 3,112 2
Slide 6: Liabilities – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Liabilities – Abstract (Consolidated) Amount in Rs Lakh Particulars H1FY24 H1FY23 FY23 Non-current liabilities Financial liabilities i) Borrowings 2,79,205 2,34,010 2,88,064 ii) Trade Payables 7,477 4,314 6,913 iii) Others 20,021 16,242 1
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 Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Revenue from Projects 1,02,069 71,522 55,632 1,73,591 1,32,886 Revenue from Hospitality 3,996 3,922 3,384 7,918
Slide 8: Key Financial Parameters
Financial Update Investment Properties Development Properties Key Financial Parameters Particulars H1FY24 H1FY23 Operating margin 52.27% 50.11% Net profit margin 35.75% 43.83% * # RONW 12.43% 13.46% * # ROCE 11.08% 11.58% Gross debt to equity 0.26 0.27 Net debt to equity 0.18 0.18 Current ratio 4.71
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 Q2FY24 52.42% 47.66% 97.22% 35.25% -10.64% Revenues from operations 1,21,741 1,02,490 14,077 4,018 1,156 Operating m
Slide 10: Performance of Scrip (from listing)
Financial Update Investment Properties Development Properties Performance of Scrip (from listing) 420.00 400.00 380.00 360.00 340.00 320.00 300.00 280.00 260.00 240.00 220.00 200.00 Index 180.00 160.00 140.00 120.00 100.00 80.00 60.00 40.00 20.00 6-Jul-21 2-Aug-12 8-Aug-16 4-Mar-20 20-Oct-10 21-Feb-
Slide 11: Shareholding Pattern (%)
Financial Update Investment Properties Development Properties Shareholding Pattern (%) Category 30-Sep-23 30-Jun-23 31-Mar-23 31-Dec-22 30-Sep-22 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 17.94% 18.16% 17.76% 17.33% 18.02% Domestic Institut
Slide 12: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed The Westin Mumbai Garden City Carpet Area : 189,250 sqft. Carpet Area : 480,754 sqft. 269 rooms Carpet Area : 331,493 sqft. Note: The areas for Investment Properties mentioned in this Result Update refer
Slide 13: Oberoi Mall
Financial Update Investment Properties Development Properties Oberoi Mall Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Operating Revenue (Rs. Lakh) 3,637 3,783 3,474 7,420 7,234 EBITDA (Rs. Lakh) 3,429 3,580 3,317 7,010 6,911 EBITDA Margin (%) 94% 95% 95% 94% 96% * * * Occupancy (%) 96% 96% 96% 96
Slide 14: Commerz
Financial Update Investment Properties Development Properties Commerz Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Operating Revenue (Rs. Lakh) 928 794 757 1,722 1,538 EBITDA (Rs. Lakh) 837 714 675 1,551 1,281 EBITDA Margin (%) 90% 90% 89% 90% 83% Occupancy (%) 60% 56% 56% 58% 55% Carpet Area Leas
Slide 15: Commerz II
Financial Update Investment Properties Development Properties Commerz II Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Operating Revenue (Rs. Lakh) 2,721 2,681 2,884 5,402 5,603 EBITDA (Rs. Lakh) 2,481 2,494 2,675 4,975 5,185 EBITDA Margin (%) 91% 93% 93% 92% 93% Occupancy (%) 83% 80% 80% 82% 80% C
Slide 16: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Operating Revenue (Rs. Lakh) 4,018 3,943 3,405 7,961 6,886 EBITDA (Rs. Lakh) 1,419 1,445 1,106 2,864 2,465 EBITDA Margin (%) 35% 37% 32% 36% 36% Number of Rooms
Slide 17: Development Properties
Financial Update Investment Properties Development Properties Development Properties Note: The areas for Development Properties mentioned in this Result Update refer to carpet areas. 16
Slide 18: 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 19: 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 Q2FY24 in Q2FY24 for Q2FY24 Q2FY24 in Q2FY24 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lak
Slide 20: Elysian
Financial Update Investment Properties Development Properties Elysian Project status as on Jun 30, 2023 Project status as on Sep 30, 2023 19
Slide 21: Elysian
Financial Update Investment Properties Development Properties Elysian Project Till Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Date Carpet area (sqft.) 15,15,481 15,15,481 15,15,481 15,15,481 15,15,481 15,15,481 Units (nos.) 719 719 719 719 719 719 Area Booked (sqft) 32,866 28,226 37,786 61,092 1
Slide 22: Maxima
Financial Update Investment Properties Development Properties Maxima Artist Impression 21
Slide 23: Maxima
Financial Update Investment Properties Development Properties Maxima Project Till Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Date Carpet area (sqft.) 1,83,067 1,83,067 1,83,067 1,83,067 1,83,067 1,83,067 Units (nos.) 132 132 132 132 132 132 Area Booked (sqft) 6,522 - 6,143 6,522 13,110 1,81,754
Slide 24: Eternia
Financial Update Investment Properties Development Properties Eternia Artist Impression 23
Slide 25: Eternia
Financial Update Investment Properties Development Properties Eternia Project Till Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Date Carpet area (sqft.) 13,49,549 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 1,312 Area Booked (sqft) 42,209 25,782 22,
Slide 26: Enigma
Financial Update Investment Properties Development Properties Enigma Project status as on Mar 31, 2022 25
Slide 27: Enigma
Financial Update Investment Properties Development Properties Enigma Project Till Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Date Carpet area (sqft.) 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 Units (nos.) 682 682 682 682 682 682 Area Booked (sqft) 29,088 22,942 51,169 52,030 82
Slide 28: Sky City
Financial Update Investment Properties Development Properties Sky City Artist Impression 27
Slide 29: Sky City
Financial Update Investment Properties Development Properties Sky City Project status as on Jun 30, 2023 Project status as on Sep 30, 2023 Artist Impression 28
Slide 30: Sky City
Financial Update Investment Properties Development Properties Sky City Project Till Particulars Q2FY24 Q1FY24 Q2FY23 H1FY24 H1FY23 Date Carpet area (sqft.) 28,54,907 28,54,907 22,62,048 28,54,907 22,62,048 28,54,907 Units (nos.) 2,734 2,734 2,233 2,734 2,233 2,734 Area Booked (sqft) 85,138 68,938 63
Slide 31: Thank You
Thank You Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Keyur Jangbari Deputy Manager – Finance and Investor Relations keyur.jangbari@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 66
Slide 32: Annexure
Annexure Notes 1. Previous period figures have been re-grouped, re-arranged and re-classified wherever necessary to conform to current period’s classification. The classification in this presentation may vary from classifications under Schedule III to the Companies Act or under Accounting Standards
Slide 33: 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