Oberoi Realty Limited · NSE:OBEROIRLTY

Oberoi Realty — Q1 FY2019 Earnings Presentation

39 slides from Oberoi Realty's earnings presentation, Jul 30, 2018

  1. Slide 1: Oberoi Realty Limited Result Update Q1FY19

    Oberoi Realty Limited Result Update Q1FY19 July 30, 2018

  2. Slide 2: Key Developments

    Key Developments  IND AS 115 (Revenue from Contracts from Customers) applicable from April 01, 2018. The Company is eligible to follow the percentage completion method of accounting.  Successfully completed an issue of 2,40,00,000 equity shares at Rs. 500 per equity share to qualified institutiona

  3. Slide 3: Financial Update

    Financial Update Investment Properties Development Properties 2

  4. Slide 4: Balance Sheet Summary

    Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY19 Q1FY18 FY18 Non-current assets 3,87,384 3,26,507 3,79,158 Current assets 7,25,967 5,41,311 6,43,315 Total 11,13,351 8,67,818 10,22,473 Equity 7,50,672 5,81,890 6,09,237 Non-current liabilities 85,000 1

  5. Slide 5: Cash Flow Summary

    Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY19 Q1FY18 FY18 Opening Cash and Cash Equivalents 13,251 49,417 49,417 Operating Cash Flows 23,299 (4,162) (20,585) Investing Cash Flows (88,260) (29,910) (81,852) Financing Cash Flows 1,10,658 (3,282) 65,

  6. Slide 6: Assets Detail

    Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY19 Q1FY18 FY18 Non-current assets Fixed assets (including CWIP) 1,09,156 1,07,190 1,08,898 Financial assets 2,48,581 1,92,476 2,41,066 Deferred tax assets (net) 14,883 12,709 14,579 Other non-current asse

  7. Slide 7: Liabilities Detail

    Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY19 Q1FY18 FY18 Non-current liabilities Financial liabilities i) Borrowings 67,898 - 67,864 ii) Others 10,839 7,658 9,915 Provisions 148 172 166 Deferred tax liabilities (Net) 3,923 2,646 3,705 Other non-c

  8. Slide 8: Consolidated Profit and Loss

    Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Revenue from Projects 76,891 23,753 16,159 85,353 Revenue from Hospitality 3,038 3,382 2,984 12,782 Revenue from Rent 7,256 6,162 5,590 23,383 Operating Revenues 87,185

  9. Slide 9: Key Financial Ratios

    Financial Update Investment Properties Development Properties Particulars Q1FY19 Q1FY18 FY18 EBITDA Margin (Including Non Operating Income/ 52.36% 53.68% 54.32% Total Revenue) EBITDA Margin (Excluding Non Operating Income/ 51.98% 51.98% 53.36% Total Operating Income) PAT Margin 34.56% 33.53% 35.51%

  10. Slide 10: Segment Results

    Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential* Rental Hospitality Management Services Q1FY19 51.98% 49.96% 94.09% 30.86% -17.73% Total Operating Revenues 88,826 77,242 7,273 3,088 1,223 EBITDA (Excluding Non Operating Income) 4

  11. Slide 11: Share Price Performance vs Sensex and BSE Realty

    Index 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00 130.00 140.00 150.00 160.00 170.00 180.00 190.00 200.00 210.00 220.00 120.00 20/Oct/10 12/Dec/10 3/Feb/11 28/Mar/11 20/May/11 12/Jul/11 3/Sep/11 26/Oct/11 Financial Update 18/Dec/11 9/Feb/12 2/Apr/12 25/May/12 17/Jul/12 8/Sep/12 31/

  12. Slide 12: Shareholding Pattern

    Financial Update Investment Properties Development Properties Category 30-Jun-18 31-Mar-18 31-Dec-17 30-Sep-17 30-Jun-17 Promoter and Promoter Group 67.70% 72.49% 72.49% 72.49% 72.49% Foreign Institutional Investors (FIIs) 26.44% 21.98% 22.58% 24.66% 24.94% Domestic Institutional Investors (Institut

  13. Slide 13: Investment Properties

    Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 318,118sqft. GLA: 725,769 sqft. 269 rooms GLA: 552,893 sqft. 12

  14. Slide 14: Oberoi Mall Performance

    Financial Update Investment Properties Development Properties Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Operating Revenue (Rs. Lakh) 3,544 2,904 2,666 11,046 EBITDA (Rs. Lakh) 3,331 2,802 2,472 10,433 EBITDA Margin (%) 94.00% 96.49% 92.73% 94.45% Occupancy (%) 97.31% 99.37% 99.09% 99.13% Area Leased (Sq

  15. Slide 15: Commerz Performance

    Financial Update Investment Properties Development Properties Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Operating Revenue (Rs. Lakh) 1,071 1,113 1,201 4,534 ** EBITDA (Rs. Lakh) 1,053 1,216 1,196 4,609 EBITDA Margin (%) 98.28% 109.22% 99.59% 101.66% Occupancy (%)* 78.50% 82.13% 88.47% 83.71% Area Leased

  16. Slide 16: Commerz II Performance

    Financial Update Investment Properties Development Properties Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Operating Revenue (Rs. Lakh) 1,662 1,270 1,153 4,809 EBITDA (Rs. Lakh) 1,453 1,073 971 4,002 EBITDA Margin (%) 87.46% 84.49% 84.21% 83.23% Occupancy (%) 63.44% 47.52% 44.66% 44.89% Area Leased (Sqft.)

  17. Slide 17: Westin Hotel Performance

    Financial Update Investment Properties Development Properties Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Operating Revenue (Rs. Lakh) 3,088 3,403 3,005 12,868 * * EBITDA (Rs. Lakh) 1,066 960 1,036 4,203 EBITDA Margin (%) 34.51% 28.19% 34.49% 32.66% Number of Rooms 269 269 269 269 Average Room Rate (Rs.)

  18. Slide 18: Development Properties

    Financial Update Investment Properties Development Properties 17

  19. Slide 19: Residential Projects Summary

    Financial Update Investment Properties Development Properties Revenue Area Booked Inventory as Booking Value Project Residential Projects Est. Area Recognised Till Date on Date till Date Completion till Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Seven 39,550 33,900 5,650 5,000 5,000 100%

  20. Slide 20: Residential Bookings in Q1FY19

    Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in Q1FY19 in Q1FY19 for Q1FY19 Q1FY19 in Q1FY19 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite 5,070 3 1,200 1,333 1,200 Esquire 1

  21. Slide 21: Exquisite Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Total Area (sqft.) 15,47,610 15,47,610 15,47,610 15,47,610 15,47,610 Estimated Total Units (nos.) 802 802 802 802 802 Area Booked (sqft) 5,070 3,640 13,910 40,430 14,07,245

  22. Slide 22: Development Properties

    Financial Update Investment Properties Development Properties 21

  23. Slide 23: Esquire Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Total Area (sqft.) 21,22,031 21,22,031 21,22,031 21,22,031 21,22,031 Estimated Total Units (nos.) 882 882 882 882 882 Area Booked (sqft) 1,29,633 42,248 12,263 1,28,994 14,

  24. Slide 24: Project Status as on June 30, 2018

    Financial Update Investment Properties Development Properties Project Status as on June 30, 2018 Project Status as on Mar 31, 2018 23

  25. Slide 25: Prisma Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Total Area (sqft.) 2,68,750 2,68,750 2,68,750 2,68,750 2,68,750 Estimated Total Units (nos.) 91 91 91 91 91 Area Booked (sqft) 14,588 8,778 3,178 29,509 2,23,599 Units Book

  26. Slide 26: Artist Impression

    Financial Update Investment Properties Development Properties Artist Impression 25

  27. Slide 27: Project Status as on Jun 30, 2018

    Financial Update Investment Properties Development Properties Project status as on Jun 30, 2018 Project status as on Mar 31, 2018 26

  28. Slide 28: Eternia Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Area of Project (sqft.) 21,48,000 16,96,820 16,96,820 16,96,820 21,48,000 Estimated Total Units (nos.) 1,277 1,057 1,057 1,057 1,277 Area opened for booking (sqft.) 7,83,72

  29. Slide 29: Development Properties

    Financial Update Investment Properties Development Properties 28

  30. Slide 30: Project Status as on Jun 30, 2018

    Financial Update Investment Properties Development Properties Project status as on Jun 30, 2018 Project status as on Mar 31, 2018 29

  31. Slide 31: Enigma Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Area of Project (sqft.) 19,89,000 16,12,045 16,12,045 16,12,045 19,89,000 Estimated Total Units (nos.) 662 619 619 619 662 Area opened for booking (sqft.) 7,85,334 7,85,334

  32. Slide 32: Artist Impression

    Financial Update Investment Properties Development Properties Artist Impression 31

  33. Slide 33: Project Status as on Jun 30, 2018

    Financial Update Investment Properties Development Properties Project status as on Jun 30, 2018 Project status as on Mar 31, 2018 Artist Impression 32

  34. Slide 34: Sky City Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Area of Project (sqft.) 45,93,000 39,92,754 39,92,754 39,92,754 45,93,000 Estimated Total Units (nos.) 2,966 2,357 2,357 2,357 2,966 Area opened for booking (sqft.) 20,27,9

  35. Slide 35: Project Status as on Jun 30, 2018

    Financial Update Investment Properties Development Properties Project Status as on Jun 30, 2018 Amount spent in Q1FY19 : Rs. 74.73 crore 34

  36. Slide 36: Three Sixty West Project Data

    Financial Update Investment Properties Development Properties Project Till Particulars Q1FY19 Q4FY18 Q1FY18 FY18 Date Estimated Area of Project (sqft.) 22,82,346 23,71,278 23,71,278 23,71,278 22,82,346 * Area Booked (sqft) 35,324 9,562 29,057 1,01,118 4,77,593 * Units Booked (nos.) 4 1 2 10 51 Area

  37. Slide 37: Investor Relations Contacts

    Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Shital Shah Senior Manager – Investor Relations shital.shah@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 36

  38. Slide 38: 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

  39. Slide 39: 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

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