Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Non-Deal Roadshow (March 2015)
23 slides from Oberoi Realty's roadshow presentation, March 2015
Slide 1: Corporate Presentation
CORPORATE PRESENTATION Mar 2015
Slide 2: Disclaimer
Disclaimer This presentation does not constitute a prospectus, offering circular or offering memorandum or an offer, or a solicitation of any offer, to purchase or sell any securities. This presentation should not be considered as a recommendation that any investor should subscribe for or purchase a
Slide 3: Oberoi Realty: Key Investment Highlights
Oberoi Realty: Key Investment Highlights 1 Established Premium Brand Positioning with “Destination Developments” Across Mumbai 2 Scalable Business Model With Proven Execution Capabilities 3 Strong Pipeline Of Ongoing / Planned Projects Across Segments 4 Prudent Financial Management 5 Cash Flow Stabi
Slide 4: Established Premium Brand Positioning with Destination Developments Across Mumbai
Established Premium Brand Positioning with “Destination Developments” Across Mumbai Central Suburbs Borivali (E) Mulund (W) Goregaon (E) Western Suburbs South Mumbai Andheri (W) Andheri (E) Leading real estate developer in India Focussed on Mumbai, a premium real estate market in India Worli 5
Slide 5: Integrated Development for Better Pricing–Oberoi Garden City, Goregaon
Integrated Development for Better Pricing–Oberoi Garden City, Goregaon Office Space and Hospitality: Residential: Oberoi Woods & Oberoi Exquisite Commerz I, II & The Westin Mumbai–Garden City ~ 598,200 sq ft (May-08) ~ Estimated area –1,547,610 sq ft ~ 805,606 sq ft (Apr-10)1 ~ 725,769 sq ft (Dec-13
Slide 6: Virtuous Cycle Delivering Superior Sales…
Virtuous Cycle Delivering Superior Sales… Average Rate of Area Sold (INR / Sq ft) 1 20,940 Established Brand 20,622 and Reputation 17,501 13,691 13,116 12,122 Contemporary Architecture, Strong Destination Project Execution Developments and Quality Construction FY10 FY11 FY12 FY13 * FY14 9MFY15 1 Ave
Slide 7: Scalable Business Model
Scalable Business Model Land Regulatory Design & Sales & Identification Execution Maintenance Approvals Architecture Marketing & Purchase In-House Execution Outsourced Activities Land Identification and Purchase Design and Architecture Substantial land acquired between 2002–05, when land prices we
Slide 8: Proven Execution Capability Across Verticals
Proven Execution Capability Across Verticals Commerz I, Goregaon The Westin Mumbai–Garden City, Oberoi Woods, Goregaon (Residential) (Office Space) Goregaon (Hospitality) ~ 598,200 sq. ft (May-08) ~ 423,786 sq. ft (Mar-08) 1 ~ 381,820 sq. ft (Apr-10) Oberoi International School, Goregaon Oberoi Spri
Slide 9: Strong Pipeline of Ongoing / Planned Projects Across Segments
Strong Pipeline of Ongoing / Planned Projects Across Segments Ongoing Projects Planned Projects Hospitality Office Space 3% Social Infra 16% 14% Hospitality 11% Residential Retail 81% 7% Residential Office space 65% 3% Total Estimated Area: 10.33 mn Sq ft Total Estimated Area: 11.74 mn Sq ft Total O
Slide 10: A Well Defined Portfolio of Projects to be Monetized in the Near Term
A Well Defined Portfolio of Projects to be Monetized in the Near Term Projects Under the Sale Model (Residential) Estimated area (mn sq ft) Area sold/booked for sale Project Location Ongoing Planned Total as of Dec 31, 2014 Oberoi Garden City Goregaon East 3.05 2.21 5.26 2.20 Oberoi Splendor Andheri
Slide 11: Oberoi Splendor, Andheri, Mumbai
Oberoi Splendor, Andheri, Mumbai Artist impression Oberoi Splendor-I (Jul-11) Oberoi Splendor Grande (Sep-13) Prisma Oberoi Splendor Aarey Colony (no development zone) S.No Projects Estimated Area (mn sq ft) Residential 2 1 Oberoi Splendor-I 1.28 2 Oberoi Splendor Grande 0.29 3 6 3 Prisma 0.27 1 4 M
Slide 12: Eternia and Enigma, Mulund, Mumbai
Eternia and Enigma, Mulund, Mumbai Eternia & Enigma S.No Projects Estimated Area (mn sq ft) 2 Residential 1 Eternia 1.62 2 Enigma 1.58 1 Ongoing projects 18.81 acres of total area acquired from GlaxoSmithKline in 2005 Residential development in central Mumbai suburb Located on LBS Marg, a key
Slide 13: Oasis Realty, Worli, Mumbai
Oasis Realty, Worli, Mumbai Oasis Realty S.No Projects Estimated Area (mn sq ft) Residential 1 Oasis Residential 1.54 2 Oasis Residential 2 0.24 Hospitality 3 Oasis Hotel 0.34 Ongoing projects Artist impression 3 2 Joint Venture to develop mixed-use project of ~2.12 mn sq ft in Worli Convenientl
Slide 14: I-Ven Realty Ltd. Worli, Mumbai
I-Ven Realty Ltd. Worli, Mumbai I-Ven Realty Ltd. Conveniently located on the arterial Annie Besant Road, Worli Estimated area 0.47 mn sq.ft. (Planned residential project) 13
Slide 15: Prudent Financial Management
Prudent Financial Management 46,102 43,964 Significant opportunity to increase leverage in 41,621 order to tap growth opportunities through: 37,341 ‒ Prudent land acquisition strategy 33,476 ‒ Conservative deployment of cash to replenish land bank ‒ Raise debt on large equity base 18,639 14,643 12
Slide 16: Cash Flow Stability from Lease & Hospitality Properties
Cash Flow Stability from Lease & Hospitality Properties Lease & Hospitality Project Areas (mn sq ft) Rental & Hospitality Income Project Completed 3 Ongoing 3 Planned 3 Office space 1 1.15 1.66 0 2,736 2,121 Retail 0.55 0 0.51 36% 2,354 Social Infrastructure 0.31 0 1.67 2,187 32% 897 Total 2.01 1.66
Slide 17: Experienced Board of Directors
Experienced Board of Directors Vikas Oberoi On the Board since inception and has about three decades of experience in the real estate sector Chairman and MD Formulation of corporate strategy and planning, overall execution and management of the Company Bindu Oberoi Member of the Board since De
Slide 18: Stable and Experienced Management Team
Stable and Experienced Management Team Arunkumar Kotian VP - Liaison department VP–Corporate Affairs Associated with the Promoter Group of the Company since 1990 Head, Architecture department; Joined in July 1999 Rajendra Chandorkar About 20 years of experience Exec VP–Architecture Previously worked
Slide 19: Prudent Corporate Governance and Processes
Prudent Corporate Governance and Processes Board Driven Decision Making System and Processes Independent directors on board since 2007 SOPs for all functions documented by a Big 4 Firm More than 50% of the Board of Directors are independent Internal Audit conducted by another Big 4 Firm memb
Slide 20: Best-in-Class Partners
Best-in-Class Partners Strategic Relationship with Best-in-class Partners One of the world’s most distinguished Adjudged as the world’s best construction ) Samsung C&T architectural firm company International planning, design and consulting Largest construction company in India & also firm ranks 27t
Slide 21: Awards & Recognition
Awards & Recognition 9MFY15 • TripAdvisor Certificate of Excellence 2014 – The Westin Mumbai Garden City • TripAdvisor Certificate of Excellence 2014 - Kangan • TripAdvisor Certificate of Excellence 2014 – Prego • TripAdvisor Certificate of Excellence 2014 – Seasonal Tastes • Oberoi Exquisite awarde
Slide 22: The Way Forward
The Way Forward Continue to Focus on Large Mixed Use Established Premium Brand Positioning Developments in Mumbai with “Destination Developments” Across Mumbai Scalable Business Model with Proven Execution Capabilities Continue to Acquire Land Through Various Modes Strong Pipeline of Ongoing / Plann
Slide 23: Thank You
Thank You 22