Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q4 FY21 Earnings Presentation
40 slides from Oberoi Realty's earnings presentation, May 14, 2021
Slide 1: Oberoi Realty Limited Result Update Q4FY21
Oberoi Realty Limited Result Update Q4FY21 May 14, 2021
Slide 2: Financial Update, Investment Properties, Development Properties
Financial Update Investment Properties Development Properties 1
Slide 3: Financial Update: Balance Sheet Summary
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY21 FY20 Non-current assets 5,28,845 4,37,543 Current assets 6,76,517 6,84,596 Total 12,05,362 11,22,139 Equity 9,36,914 8,62,949 Non-current liabilities 60,044 20,889 Current liabilities 2,08,404 2,38,301 T
Slide 4: Financial Update: Cash Flow
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Opening Cash and Cash Equivalents 24,775 42,288 27,778 28,663 76,738 Operating Cash Flows 39,921 18,718 6,789 70,251 (28,198) Investing Cash Flows (26,521) (50,463) (3,075) (70,
Slide 5: Financial Update: Assets
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY21 FY20 Non-current assets Fixed assets (including CWIP) 2,99,349 1,35,195 Financial assets 1,54,246 2,29,818 Deferred tax assets (net) 8,789 9,317 Other non-current assets 66,461 63,213 Total non-current a
Slide 6: Financial Update: Liabilities
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY21 FY20 Non-current liabilities Financial liabilities i) Borrowings 35,898 - ii) Trade Payables 2,152 2,466 iii) Others 14,386 12,260 Provisions 156 211 Deferred tax liabilities (Net) 3,484 2,840 Other non-
Slide 7: Financial Update: Income Statement
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Revenue from Projects 68,164 70,333 48,445 1,65,710 1,68,141 Revenue from Hospitality 1,195 1,109 2,933 3,167 13,062 Other Operating Revenues 128 220 167 747 807 R
Slide 8: Margins and Return Ratios
Financial Update Investment Properties Development Properties Particulars FY21 FY20 Adjusted EBITDA* Margin (Including Non Operating 48.66% 49.35% Income) Adjusted EBITDA* Margin (Excluding Non Operating 47.71% 48.26% Income) PAT Margin 35.36% 30.15% # RONW 8.25% 8.35% # ROCE 7.78% 7.93% Gross Debt/
Slide 9: Segment Revenues and Adjusted EBITDA
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q4FY21 49.89% 46.85% 88.37% 6.89% 14.41% Total Revenues 80,087 69,213 8,194 1,262 1,418 Adjusted EBITDA* 39,956 32,424 7,241 87 204 FY21 48.66
Slide 10: Share Price Performance vs Sensex and BSE Realty Index
Financial Update Investment Properties Development Properties 280.00 260.00 240.00 220.00 200.00 180.00 160.00 Index 140.00 120.00 100.00 80.00 60.00 40.00 20.00 27-Feb-19 6-Feb-11 10-Mar-13 6-Sep-14 31-Mar-21 20-Oct-10 26-May-11 17-Apr-12 4-Aug-12 14-Oct-13 20-May-14 12-Apr-15 14-May-17 30-Dec-11 2
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Mar-21 31-Dec-20 30-Sep-20 30-Jun-20 31-Mar-20 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 24.85% 25.62% 25.41% 26.15% 24.91% Domestic Institutional Investors 4.88% 4.4
Slide 12: Investment Properties: Malls, Offices and Hotel
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 313,381 sqft. GLA: 782,674 sqft. 269 rooms GLA: 552,893 sqft. 11
Slide 13: Investment Properties: Oberoi Mall
Financial Update Investment Properties Development Properties Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Operating Revenue (Rs. Lakh) 3,015 4,999 3,983 11,659 16,050 EBITDA (Rs. Lakh) 2,515 4,853 3,776 10,728 15,244 EBITDA Margin (%) 83.42% 97.07% 94.80% 92.01% 94.98% Occupancy (%) 93.47% 93.43% 95.
Slide 14: Investment Properties: Commerz
Financial Update Investment Properties Development Properties Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Operating Revenue (Rs. Lakh) 674 613 443 2,277 3,176 EBITDA (Rs. Lakh) 493 565 384 1,928 2,969 EBITDA Margin (%) 73.08% 92.09% 86.71% 84.64% 93.50% Occupancy (%) 45.56% 41.57% 25.61% 38.58% 57.65
Slide 15: Investment Properties: Commerz II
Financial Update Investment Properties Development Properties Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Operating Revenue (Rs. Lakh) 2,953 3,381 3,217 12,852 12,354 EBITDA (Rs. Lakh) 2,697 3,314 3,043 12,085 11,699 EBITDA Margin (%) 91.33% 98.02% 94.60% 94.03% 94.70% Occupancy (%) 97.39% 97.39% 100
Slide 16: Investment Properties: Hospitality
Financial Update Investment Properties Development Properties Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Operating Revenue (Rs. Lakh) 1,216 1,131 2,955 3,253 13,149 EBITDA (Rs. Lakh) 40 (8) 904 (515) 4,468 EBITDA Margin (%) 3.28% -0.72% 30.60% -15.84% 33.98% Number of Rooms 269 269 269 269 269 Avera
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential Projects: Cumulative Bookings and Revenue
Financial Update Investment Properties Development Properties Revenue Area Available Area Booked Inventory as on Booking Value Project Residential Projects Recognised till for Booking Till Date Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Seven 39,550 33,900 5,650
Slide 19: Residential Projects: Q4FY21 Bookings
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value for Residential Projects Collected in Recognised in in Q4FY21 in Q4FY21 Q4FY21 Q4FY21 Q4FY21 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite 14,710 3 3,595 2,086 3,595 Esquire
Slide 20: Exquisite: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 15,47,610 15,47,610 15,47,610 15,47,610 15,47,610 15,47,610 Units available for booking (nos.) 802 802 802 802 802 802 Area Booked (sqft) 14,7
Slide 21: Esquire: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 21,22,031 21,22,031 21,22,031 21,22,031 21,22,031 21,22,031 Units available for booking (nos.) 882 882 882 882 882 882 Area Booked (sqft) 64,4
Slide 22: Elysian Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2021 21
Slide 23: Elysian: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 FY21 Date Area available for booking (sqft.) 11,75,550 11,75,550 11,75,550 Units available for booking (nos.) 349 349 349 Area Booked (sqft) 5,32,188 5,32,188 5,32,188 Units Booked (nos.) 154 154 154 Area i
Slide 24: Elysian: Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2021 Project status as on Dec 31, 2020 Artist Impression 23
Slide 25: Maxima: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 4,10,595 4,10,595 4,10,595 4,10,595 4,10,595 4,10,595 Units available for booking (nos.) 178 178 178 178 178 178 Area Booked (sqft) 43,498 36,
Slide 26: Maxima: Project Status
Financial Update Investment Properties Development Properties Artist Impression 25
Slide 27: Maxima: Project Status as on Mar 31, 2021
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2021 Project status as on Dec 31, 2020 26
Slide 28: Eternia: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 21,58,100 17,67,640 17,67,640 21,58,100 17,67,640 21,58,100 Units available for booking (nos.) 1,296 1,068 1,068 1,296 1,068 1,296 Area Booked
Slide 29: Eternia: Project Status
Financial Update Investment Properties Development Properties 28
Slide 30: Eternia: Project Status as on Mar 31, 2021
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2021 Project status as on Dec 31, 2020 29
Slide 31: Enigma: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 20,25,213 17,45,682 17,45,682 20,25,213 17,45,682 20,25,213 Units available for booking (nos.) 683 589 589 683 589 683 Area Booked (sqft) 97,8
Slide 32: Enigma: Project Status
Financial Update Investment Properties Development Properties Artist Impression 31
Slide 33: Enigma: Project Status as on Mar 31, 2021
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2021 Project status as on Dec 31, 2020 Artist Impression 32
Slide 34: Sky City: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 36,57,175 28,87,679 28,87,679 36,57,175 28,87,679 36,57,175 Units available for booking (nos.) 2,232 1,834 1,834 2,232 1,834 2,232 Area Booked
Slide 35: Sky City: Status as on Mar 31, 2021
Financial Update Investment Properties Development Properties Project Status as on Mar 31, 2021 Amount spent in Q4FY21 : Rs. 29.77 crore 34
Slide 36: Three Sixty West: Booking Details
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY21 Q3FY21 Q4FY20 FY21 FY20 Date Area available for booking (sqft.) 22,82,346 22,82,346 22,82,346 22,82,346 22,82,346 22,82,346 * Area Booked (sqft) 9,562 24,614 1,860 58,788 50,202 6,60,534 * Units Booked (nos
Slide 37: Key Highlights and Awards
Commenced bookings for the new project Elysian, Goregaon (East) Commenced bookings for the sixth tower at Sky City, Borivali (East) ~ 1 mn sq.ft. of saleable area sold in Q4FY21 with a Gross sale value exceeding Rs. 2,050 crore ~ 1.7 mn sq.ft. of saleable area sold in FY21 with a Gross sale
Slide 38: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Mayank Kapoor EA to MD and Investor Relations mayank.kapoor@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 37
Slide 39: 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
Slide 40: 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