Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q3 FY2025 Earnings Presentation
38 slides from Oberoi Realty's earnings presentation, Jan 20, 2025
Slide 1: Results Update Q3FY25
Results Update Q3FY25 January 20, 2025
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 9MFY25 9MFY24 FY24 Non-current assets 7,06,668 6,76,068 6,88,749 Current assets 15,48,733 12,78,520 12,74,592 Total 22,55,401 19,54,588 19,63,341 Equity 15,34,508 13,12
Slide 4: Cash Flow – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Cash Flow – Abstract (Consolidated) Amount in Rs Lakh Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 Opening Cash and Bank Balance 1,83,669 1,38,208 1,06,032 1,26,870 83,699 Operating Cash Flows 37,086 84,240 45,399 1,87,738 1,92,570 Inve
Slide 5: Assets – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Assets – Abstract (Consolidated) Amount in Rs Lakh Particulars 9MFY25 9MFY24 FY24 Non-current assets Fixed assets (including CWIP) 6,02,712 5,52,519 5,75,804 Financial assets 35,486 36,575 35,437 Deferred tax assets (net) 14,381 19,991 17
Slide 6: Liabilities – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Liabilities – Abstract (Consolidated) Amount in Rs Lakh Particulars 9MFY25 9MFY24 FY24 Non-current liabilities Financial liabilities i) Borrowings 3,15,229 2,38,922 2,19,204 ii) Trade Payables 7,256 8,364 6,086 iii) Others 34,346 19,194 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 Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 Revenue from Projects 1,09,663 1,04,666 83,983 3,30,770 2,57,574 Revenue from Hospitality 5,345 4,353 4,901 13,8
Slide 8: Key Financial Parameters
Financial Update Investment Properties Development Properties Key Financial Parameters Particulars 9MFY25 9MFY24 Operating margin 60.08% 50.97% Net profit margin 42.07% 34.92% RONW# 16.37% 11.98% ROCE# 14.97% 10.81% Gross debt to equity 0.23 0.23 Net debt to equity 0.01 0.15 Current ratio 4.48 3.52
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 Q3FY25 60.67% 56.55% 91.58% 42.49% -4.40% Revenues from operations 1,41,108 1,11,009 22,550 5,366 2,183 Operating ma
Slide 10: Performance of Scrip
Financial Update Investment Properties Development Properties Performance of Scrip (Last 10 years) 1,110.00 1,060.00 ~25% CAGR 1,010.00 960.00 910.00 860.00 810.00 760.00 710.00 660.00 610.00 ~17% CAGR Index 560.00 510.00 460.00 410.00 360.00 ~12% CAGR 310.00 260.00 210.00 160.00 110.00 60.00 10.00
Slide 11: Shareholding Pattern (%)
Financial Update Investment Properties Development Properties Shareholding Pattern (%) Category 31-Dec-24 30-Sep-24 30-Jun-24 31-Mar-24 31-Dec-23 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 20.24% 18.51% 18.15% 17.09% 17.53% 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 Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 # Operating Revenue (Rs. Lakh) 1,223 1,205 1,143 3,370 2,865 EBITDA (Rs. Lakh) 1,015 1,110 1,059 3,013 2,610 EBITDA Margin (%) 83% 92% 93% 89% 91% * * Occupancy (%) 96% 84% 52% 85% 56
Slide 15: Commerz II
Financial Update Investment Properties Development Properties Commerz II Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 # Operating Revenue (Rs. Lakh) 3,555 3,285 2,746 10,152 8,148 EBITDA (Rs. Lakh) 3,350 2,868 2,522 9,310 7,497 EBITDA Margin (%) 94% 87% 92% 92% 92% * * Occupancy (%) 97% 93% 87% 94
Slide 16: Commerz III
Financial Update Investment Properties Development Properties Commerz III Particulars Q3FY25 Q2FY25 9MFY25 # Operating Revenue (Rs. Lakh) 11,023 9,292 26,896 EBITDA (Rs. Lakh) 9,904 8,205 23,706 EBITDA Margin (%) 90% 88% 88% * Occupancy (%) 77% 65% 66% Carpet Area Leased (sqft.) 17,89,872 15,13,021
Slide 17: Oberoi Mall
Financial Update Investment Properties Development Properties Oberoi Mall Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 # Operating Revenue (Rs. Lakh) 4,962 4,876 4,427 14,523 11,847 EBITDA (Rs. Lakh) 4,709 4,803 4,205 14,043 11,214 EBITDA Margin (%) 95% 99% 95% 97% 95% * *^ Occupancy (%) 99% 98% 9
Slide 18: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 Operating Revenue (Rs. Lakh) 5,366 4,375 4,923 13,944 12,884 EBITDA (Rs. Lakh) 2,259 1,631 2,049 5,571 4,913 EBITDA Margin (%) 42% 37% 42% 40% 38% Number of Room
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 Booking Amount Revenue Area Booked Units Booked Residential Projects Value for Collected in Recognised in Q3FY25 in Q3FY25 Q3FY25 Q3FY25 in Q3FY25 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. L
Slide 22: Elysian
Financial Update Investment Properties Development Properties Elysian Project status as on Sep 30, 2024 Project status as on Dec 31, 2024 Tower – A Tower – A 21
Slide 23: Elysian
Financial Update Investment Properties Development Properties Elysian Project Till Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 Date Carpet area (sqft.) 21,77,157 21,77,157 15,15,481 21,77,157 15,15,481 21,77,157 Units (nos.) 984 984 719 984 719 984 Area Booked (sqft.) 53,004 83,412 28,788 1,86,26
Slide 24: Jardin
Financial Update Investment Properties Development Properties Jardin 23
Slide 25: Jardin
Financial Update Investment Properties Development Properties Jardin Particulars Q3FY25 Carpet area (sqft.) 11,05,124 Units (nos.) 934 Area Booked (sqft.) 5,26,277 Units Booked (nos.) 466 Area in Inventory (sqft.) 5,78,848 Units in Inventory (nos.) 468 Booking Value (Rs. Lakh) 1,33,263 Amount Collec
Slide 26: Forestville
Financial Update Investment Properties Development Properties Forestville Project status as on Sep 30, 2024 Project status as on Dec 31, 2024 Tower - C Tower - C 25
Slide 27: Forestville
Financial Update Investment Properties Development Properties Forestville Project Till Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 Date Carpet area (sqft.) 11,08,932 11,08,932 11,08,932 11,08,932 11,08,932 Units (nos.) 1,257 1,257 1,257 1,257 1,257 Area Booked (sqft.) 20,852 28,776 1,08,775 78,617 2,06,
Slide 28: Eternia
Financial Update Investment Properties Development Properties Eternia 27
Slide 29: Eternia
Financial Update Investment Properties Development Properties Eternia Project Till Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 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.) 6,166 22,330 19,
Slide 30: Enigma
Financial Update Investment Properties Development Properties Enigma 29
Slide 31: Enigma
Financial Update Investment Properties Development Properties Enigma Project Till Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 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.) 31,205 62,652 48,502 1,14,913
Slide 32: Sky City
Financial Update Investment Properties Development Properties Sky City Project status as on Sep 30, 2024 Project status as on Dec 31, 2024 Tower - F Tower - F 31
Slide 33: Sky City
Financial Update Investment Properties Development Properties Sky City Project Till Particulars Q3FY25 Q2FY25 Q3FY24 9MFY25 9MFY24 Date Carpet area (sqft.) 28,54,907 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 2,734 Area Booked (sqft.) 9,888 36,245 45
Slide 34: Highlights
Financial Update Investment Properties Development Properties Highlights ➢ Commenced bookings for Jardin, Oberoi Garden City, Thane ➢ Concluded the transaction through NCLT for acquiring an asset at Mulund ➢ Entered into a development agreement for ~ 81.05 acres in Alibaug ➢ Company raised Rs. 1,500
Slide 35: Awards
Financial Update Investment Properties Development Properties Awards ➢ Oberoi Realty has been Great Place To Work® Certified in India ➢ Oberoi Realty Limited has been recognised as one of the Top 25 Safest Workplaces in India at the Kelp PoSH Awards 2024 ➢ Oberoi Realty ranked 2nd in ‘CSR Excellence
Slide 36: Thank You
Thank You For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 35
Slide 37: 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 38: 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