Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q3 FY2023 Earnings Presentation
36 slides from Oberoi Realty's earnings presentation, Feb 8, 2023
Slide 1: Result Update Q3FY23
Oberoi Realty Limited Result Update Q3FY23 February 8, 2023
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 9MFY23 9MFY22 FY22 Non-current assets 7,43,030 6,55,735 6,78,150 Current assets 9,91,208 8,58,028 8,90,907 Total 17,34,238 15,13,763 15,69,057 Equity 11,73,018 10,18,357 10,41,614 Non-current liabilities 2,39
Slide 4: Cash Flow and Liquidity
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Opening Cash and Cash Equivalents 99,380 1,27,587 51,777 1,19,554 27,433 Operating Cash Flows (28,430) (16,343) 19,020 (13,352) 76,148 Investing Cash Flows (40,668) (76,701)
Slide 5: Assets Detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars 9MFY23 9MFY22 FY22 Non-current assets Fixed assets (including CWIP) 4,79,297 4,05,364 4,27,717 Financial assets 1,93,083 1,79,470 1,81,102 Deferred tax assets (net) 2,923 5,141 2,727 Other non-current assets
Slide 6: Liabilities Detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars 9MFY23 9MFY22 FY22 Non-current liabilities Financial liabilities i) Borrowings 2,11,719 2,08,806 2,16,496 ii) Trade Payables 5,402 2,806 3,219 iii) Others 16,515 13,546 16,705 Provisions 150 138 173 Deferred
Slide 7: Statement of Profit and Loss
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Revenue from Projects 1,47,880 55,632 70,913 2,80,766 1,59,131 Revenue from Hospitality 4,169 3,384 2,472 11,013 4,849 Other Operating Revenues 553 96 765 1,22
Slide 8: Key Financial Ratios
Financial Update Investment Properties Development Properties Particulars 9MFY23 9MFY22 Operating margin 53.94% 44.35% Net profit margin 43.18% 42.67% RONW# 19.08% 14.37% ROCE# 16.06% 12.35% Gross debt to equity 0.26 0.28 Net debt to equity 0.21 0.16 Current ratio 3.08 3.26 #Calculated on Average Ne
Slide 9: Segment Revenue and Operating Margin
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q3FY23 57.71% 56.43% 95.36% 37.64% -4.47% Revenues from operations 1,62,946 1,48,375 9,210 4,190 1,171 Operating margin 94,036 83,728 8,783 1,
Slide 10: Oberoi Realty Share Price vs Sensex and BSE Realty Index
Index 20.00 40.00 60.00 80.00 100.00 120.00 140.00 200.00 220.00 240.00 260.00 280.00 300.00 320.00 340.00 360.00 380.00 400.00 420.00 160.00 180.00 20-Oct-10 1-Jan-11 15-Mar-11 27-May-11 8-Aug-11 20-Oct-11 1-Jan-12 14-Mar-12 26-May-12 7-Aug-12 Financial Update 19-Oct-12 31-Dec-12 14-Mar-13 26-May-1
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Dec-22 30-Sep-22 30-Jun-22 31-Mar-22 31-Dec-21 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 17.33% 18.02% 19.42% 20.26% 20.50% Domestic Institutional Investors (Institut
Slide 12: Investment Properties Portfolio
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: Mall Performance
Financial Update Investment Properties Development Properties Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Operating Revenue (Rs. Lakh) 3,734 3,474 2,467 10,968 3,164 EBITDA (Rs. Lakh) 3,547 3,317 2,325 10,458 2,716 EBITDA Margin (%) 95% 95% 94% 95% 86% Occupancy (%) 97% 96% 96% 96% 94% Area Lease
Slide 14: Investment Properties: Performance
Financial Update Investment Properties Development Properties Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Operating Revenue (Rs. Lakh) 691 757 713 2,229 2,145 EBITDA (Rs. Lakh) 622 675 652 1,903 1,962 EBITDA Margin (%) 90% 89% 91% 85% 92% Occupancy (%) 57% 57% 54% 56% 54% Area Leased (Sqft.) 1,77
Slide 15: Investment Properties: Office Performance
Financial Update Investment Properties Development Properties Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Operating Revenue (Rs. Lakh) 2,947 2,884 3,253 8,550 9,661 EBITDA (Rs. Lakh) 2,739 2,675 3,101 7,924 9,155 EBITDA Margin (%) 93% 93% 95% 93% 95% Occupancy (%) 80% 81% 97% 81% 97% Area Leased
Slide 16: Investment Properties: Hospitality Performance
Financial Update Investment Properties Development Properties Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Operating Revenue (Rs. Lakh) 4,190 3,405 2,494 11,076 4,914 EBITDA (Rs. Lakh) 1,579 1,106 596 4,044 600 EBITDA Margin (%) 38% 32% 24% 37% 12% Number of Rooms 269 269 269 269 269 Average Room
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential Projects Status
Financial Update Investment Properties Development Properties Revenue Area Available Area Booked Till Inventory as on Booking Value Project Residential Projects Recognised till for Booking Date Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Elysian 25,00,600 14,88,4
Slide 19: Residential Projects: Q3FY23 Bookings
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in Q3FY23 in Q3FY23 for Q3FY23 Q3FY23 in Q3FY23 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Elysian 4,011 1 727 7,213 28,143 Maxima 4,493
Slide 20: Elysian: Project Status
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2022 Project status as on Dec 31, 2022 19
Slide 21: Elysian: Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Date Area available for booking (sqft.) 25,00,600 25,00,600 25,00,600 25,00,600 25,00,600 25,00,600 Units available for booking (nos.) 719 719 719 719 719 719 Area Booked (sqft)
Slide 22: Maxima: Project Status
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2022 Project status as on Dec 31, 2022 Artist Impression 21
Slide 23: Maxima: Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Date Area available for booking (sqft.) 3,17,482 3,17,482 3,17,293 3,17,482 3,17,293 3,17,482 Units available for booking (nos.) 132 132 132 132 132 132 Area Booked (sqft) 4,493
Slide 24: Eternia
Financial Update Investment Properties Development Properties Artist Impression 23
Slide 25: Eternia: Project Status
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2022 Project status as on Dec 31, 2022 24
Slide 26: Eternia: Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Date Area available for booking (sqft.) 21,81,488 21,81,488 21,58,100 21,81,488 21,58,100 21,81,488 Units available for booking (nos.) 1,312 1,312 1,296 1,312 1,296 1,312 Area Bo
Slide 27: Enigma
Financial Update Investment Properties Development Properties Artist Impression 26
Slide 28: Enigma: Project Status
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2022 Project status as on Dec 31, 2022 27
Slide 29: Enigma: Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Date Area available for booking (sqft.) 20,23,832 20,23,832 20,25,213 20,23,832 20,25,213 20,23,832 Units available for booking (nos.) 682 682 683 682 683 682 Area Booked (sqft)
Slide 30: Sky City
Financial Update Investment Properties Development Properties Artist Impression 29
Slide 31: Sky City: Project Status
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2022 Project status as on Dec 31, 2022 Artist Impression 30
Slide 32: Sky City: Booking Data
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY23 Q2FY23 Q3FY22 9MFY23 9MFY22 Date Area available for booking (sqft.) 45,68,161 36,60,022 36,60,022 45,68,161 36,60,022 45,68,161 Units available for booking (nos.) 2,696 2,233 2,233 2,696 2,233 2,696 Area Bo
Slide 33: Key Developments
• Commenced bookings for Tower G (seventh tower) at Sky City, Borivali (East) • Received Part Occupation Certificate for Eternia & Enigma • The Westin Mumbai Garden City recognised as Hotel of the year in 5-star category by Indian Hospitality Excellence Awards 2022 32
Slide 34: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Harsha Navlani EA to CMD and Investor Relations harsha.navlani@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 33
Slide 35: 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 36: 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