Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q4 FY2022 Earnings Presentation
41 slides from Oberoi Realty's earnings presentation, May 26, 2022
Slide 1: Oberoi Realty Limited Result Update Q4FY22
Oberoi Realty Limited Result Update Q4FY22 May 26, 2022
Slide 2: Financial Update
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 FY22 FY21 Non-current assets 6,78,150 5,28,845 Current assets 8,90,907 6,76,517 Total 15,69,057 12,05,362 Equity 10,41,614 9,36,914 Non-current liabilities 2,43,043 60,044 Current liabilities 2,84,400 2,08,40
Slide 4: Cash Flow Summary
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Opening Cash and Cash 1,19,488 51,777 24,775 27,433 28,663 Equivalents Operating Cash Flows 30,725 19,020 39,856 1,06,873 69,600 Investing Cash Flows (1,08,736) (1,17,646) (26,4
Slide 5: Assets Breakdown FY22 vs FY21
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY22 FY21 Non-current assets Fixed assets (including CWIP) 4,27,717 2,99,349 Financial assets 1,81,102 1,54,246 Deferred tax assets (net) 2,727 8,789 Other non-current assets 66,604 66,461 Total non-current a
Slide 6: Liabilities Breakdown FY22 vs FY21
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY22 FY21 Non-current liabilities Financial liabilities i) Borrowings 2,16,496 35,898 ii) Trade Payables 3,219 2,152 iii) Others 16,705 14,386 Provisions 173 156 Deferred tax liabilities (Net) 2,474 3,484 Oth
Slide 7: Profit and Loss Summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Revenue from Projects 65,570 70,913 68,164 2,24,701 1,65,710 Revenue from Hospitality 2,260 2,472 1,195 7,109 3,167 Other Operating Revenues 393 765 128 1,493 747
Slide 8: Key Financial Ratios
Financial Update Investment Properties Development Properties Particulars FY22 FY21 Operating margin 43.85% 48.74% Net profit margin 38.04% 35.36% RONW# 13.01% 8.25% ROCE# 11.36% 7.78% Gross debt to equity 0.27 0.16 Net debt to equity 0.16 0.13 Current ratio 3.52 3.25 #Calculated on Average Networth
Slide 9: Segment Results and Operating Margins
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q4FY22 42.72% 33.81% 95.32% 24.36% -8.50% Revenues from operations 82,347 65,931 13,032 2,282 1,102 Operating margin 35,177 22,293 12,422 556
Slide 10: Share Price Performance vs Sensex and BSE Realty
Financial Update Investment Properties Development Properties 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 1-Aug-11 8-Mar-14 10-Jul-16 25-Jul-17 9-Aug-18 1-Mar-20 4-Jun-20 7-Sep-20 16-Jan-17 20-Oct-10 23
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Mar-22 31-Dec-21 30-Sep-21 30-Jun-21 31-Mar-21 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 20.26% 20.50% 22.22% 23.50% 24.85% Domestic Institutional Investors 9.10% 8.7
Slide 12: Investment Properties Overview
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 Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Operating Revenue (Rs. Lakh) 8,033 2,467 3,015 11,197 11,659 EBITDA (Rs. Lakh) 7,670 2,325 2,515 10,387 10,728 EBITDA Margin (%) 95.49% 94.22% 83.42% 92.76% 92.01% Occupancy (%) 94.98% 96.23% 93.
Slide 14: Investment Properties: Commerz
Financial Update Investment Properties Development Properties Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Operating Revenue (Rs. Lakh) 728 713 674 2,872 2,277 EBITDA (Rs. Lakh) 662 652 493 2,624 1,928 EBITDA Margin (%) 90.95% 91.46% 73.08% 91.37% 84.64% Occupancy (%) 53.54% 53.54% 45.56% 53.54% 38.58
Slide 15: Investment Properties: Commerz II
Financial Update Investment Properties Development Properties Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Operating Revenue (Rs. Lakh) 2,717 3,253 2,953 12,379 12,852 EBITDA (Rs. Lakh) 2,501 3,101 2,697 11,656 12,085 EBITDA Margin (%) 92.05% 95.31% 91.33% 94.16% 94.03% Occupancy (%) 80.87% 97.39% 97.
Slide 16: Hospitality: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Operating Revenue (Rs. Lakh) 2,282 2,494 1,216 7,196 3,253 EBITDA (Rs. Lakh) 557 596 40 1,158 (515) EBITDA Margin (%) 24.42% 23.90% 3.28% 16.09% -15.84% Number of Rooms 269 269 269 269 269 Averag
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential Projects Summary
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) (%) Esquire 21,22,031 21,14,1
Slide 19: Residential Projects: Bookings in Q4FY22
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in in Q4FY22 in Q4FY22 for Q4FY22 Q4FY22 Q4FY22 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Esquire 45,267 18 11,649 11,746 11,649 Elysia
Slide 20: Esquire Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 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) 4,37
Slide 21: Esquire Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 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) 45,2
Slide 22: Project Status as on Mar 31, 2022
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2022 Project status as on Dec 31, 2021 21
Slide 23: Elysian Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Date Area available for booking (sqft.) 25,00,600 25,00,600 11,75,550 25,00,600 11,75,550 25,00,600 Units available for booking (nos.) 719 719 349 719 349 719 Area Booked (sqft) 97,4
Slide 24: Elysian Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2022 Project status as on Dec 31, 2021 Artist Impression 23
Slide 25: Maxima Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Date Area available for booking (sqft.) 3,17,482 3,17,293 4,10,595 3,17,482 4,10,595 3,17,482 Units available for booking (nos.) 132 132 178 132 178 132 Area Booked (sqft) 54,915 75,
Slide 26: Maxima Artist Impression
Financial Update Investment Properties Development Properties Artist Impression 25
Slide 27: Maxima Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2022 Project status as on Dec 31, 2021 26
Slide 28: Eternia Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Date Area available for booking (sqft.) 21,58,100 21,58,100 21,58,100 21,58,100 21,58,100 21,58,100 Units available for booking (nos.) 1,296 1,296 1,296 1,296 1,296 1,296 Area Booked
Slide 29: Eternia Artist Impression
Financial Update Investment Properties Development Properties Artist Impression 28
Slide 30: Eternia Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2022 Project status as on Dec 31, 2021 29
Slide 31: Enigma Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Date Area available for booking (sqft.) 20,25,213 20,25,213 20,25,213 20,25,213 20,25,213 20,25,213 Units available for booking (nos.) 683 683 683 683 683 683 Area Booked (sqft) 81,6
Slide 32: Enigma Artist Impression
Financial Update Investment Properties Development Properties Artist Impression 31
Slide 33: Enigma Project Status
Financial Update Investment Properties Development Properties Project status as on Mar 31, 2022 Project status as on Dec 31, 2021 Artist Impression 32
Slide 34: Sky City Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 Date Area available for booking (sqft.) 36,60,022 36,60,022 36,57,175 36,60,022 36,57,175 36,60,022 Units available for booking (nos.) 2,233 2,233 2,232 2,233 2,232 2,233 Area Booked
Slide 35: Sky City Project Status
Financial Update Investment Properties Development Properties Project Status as on Mar 31, 2022 Amount spent in Q4FY22 : Rs. 62.27 crore 34
Slide 36: Three Sixty West Project Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY22 Q3FY22 Q4FY21 FY22 FY21 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) - 9,562 (19,124) 58,788 6,41,410 * Units Booked (nos.
Slide 37: New Project Agreements and FY22 Highlights
● Entered into Agreements for - ➢ Project at Kolshet, Thane on land admeasuring ~18 acres ➢ Project at Peddar Road, Mumbai on land admeasuring ~2,500 sq. mtrs. ● Highest ever gross booking value of over Rs 4,000 crore in FY22 ● Highest ever consolidated Profit after tax of Rs. 1,047 crore 36
Slide 38: Awards and Recognition
• Oberoi Realty recognised as Best Workplace Practices in the category Global HR Excellence at the 30th Edition of the World HRD Congress Awards • Oberoi Mall recognised at ET Now Global Awards for Retail Excellence ➢ Shopping Centre of the Year by Retailers Choice ➢ Marketing Campaign of the Year f
Slide 39: 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 38
Slide 40: 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 41: 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