Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q3 FY2022 Earnings Presentation
40 slides from Oberoi Realty's earnings presentation, Jan 28, 2022
Slide 1: Result Update Q3FY22
Oberoi Realty Limited Result Update Q3FY22 January 28, 2022
Slide 2: Financial Update
Financial Update Investment Properties Development Properties 1
Slide 3: Financial Update: Summary Balance Sheet
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars 9MFY22 9MFY21 FY21 Non-current assets 6,55,735 4,79,019 5,28,845 Current assets 8,58,028 7,09,592 6,76,517 Total 15,13,763 11,88,611 12,05,362 Equity 10,18,357 9,08,189 9,36,914 Non-current liabilities 2,32,3
Slide 4: Financial Update: Cash Flow
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Opening Cash and Cash Equivalents 51,777 51,007 42,288 27,433 28,663 Operating Cash Flows 19,020 3,075 18,748 76,148 29,745 Investing Cash Flows (1,17,646) (78,919) (50,493)
Slide 5: Balance Sheet: Assets
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars 9MFY22 9MFY21 FY21 Non-current assets Fixed assets (including CWIP) 4,05,364 2,50,180 2,99,349 Financial assets 1,79,470 1,53,482 1,54,246 Deferred tax assets (net) 5,141 7,640 8,789 Other non-current assets
Slide 6: Balance Sheet: Liabilities
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars 9MFY22 9MFY21 FY21 Non-current liabilities Financial liabilities i) Borrowings 2,08,806 32,259 35,898 ii) Trade Payables 2,806 1,634 2,152 iii) Others 13,546 8,899 14,386 Provisions 138 165 156 Deferred tax l
Slide 7: Financial Update: Profit and Loss
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Revenue from Projects 70,913 67,081 70,333 1,59,131 97,546 Revenue from Hospitality 2,472 1,621 1,109 4,849 1,972 Other Operating Revenues 765 176 220 1,099 61
Slide 8: Key Financial Ratios
Financial Update Investment Properties Development Properties Particulars 9MFY22 9MFY21 Operating margin 44.35% 49.66% Net profit margin 42.67% 35.08% RONW# 14.37% 6.86% ROCE# 12.35% 6.51% Gross debt to equity 0.28 0.19 Current ratio 3.26 3.07 #Calculated on Average Networth and Average Capital Empl
Slide 9: Segment Operating Margins and Revenues
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q3FY22 39.85% 34.88% 95.57% 23.85% -2.13% Revenues from operations 83,201 71,537 7,988 2,494 1,182 Operating margin 33,155 24,951 7,634 595 (2
Slide 10: Share Price Performance vs Sensex and BSE Realty
Index 40.00 60.00 80.00 20.00 100.00 120.00 140.00 160.00 180.00 200.00 220.00 260.00 300.00 320.00 340.00 360.00 380.00 400.00 240.00 280.00 20-Oct-10 15-Jan-11 12-Apr-11 8-Jul-11 3-Oct-11 29-Dec-11 25-Mar-12 Financial Update 20-Jun-12 15-Sep-12 11-Dec-12 8-Mar-13 3-Jun-13 29-Aug-13 24-Nov-13 19-Fe
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Dec-21 30-Sep-21 30-Jun-21 31-Mar-21 31-Dec-20 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 20.50% 22.22% 23.50% 24.85% 25.62% Domestic Institutional Investors 8.70% 7.3
Slide 12: Investment Properties: Oberoi Mall, Commerz and Westin
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: Oberoi Mall Performance
Financial Update Investment Properties Development Properties Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Operating Revenue (Rs. Lakh) 2,467 378 4,999 3,164 8,644 EBITDA (Rs. Lakh) 2,325 190 4,853 2,716 8,213 EBITDA Margin (%) 94.22% 50.31% 97.07% 85.83% 95.01% Occupancy (%) 96.23% 94.62% 93.43%
Slide 14: Commerz II Performance
Financial Update Investment Properties Development Properties Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Operating Revenue (Rs. Lakh) 713 713 613 2,145 1,603 EBITDA (Rs. Lakh) 652 653 565 1,962 1,435 EBITDA Margin (%) 91.46% 91.63% 92.09% 91.50% 89.50% Occupancy (%) 53.54% 53.54% 41.57% 53.54% 3
Slide 15: Commerz Performance
Financial Update Investment Properties Development Properties Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Operating Revenue (Rs. Lakh) 3,253 3,205 3,381 9,661 9,899 EBITDA (Rs. Lakh) 3,101 3,035 3,314 9,155 9,388 EBITDA Margin (%) 95.31% 94.71% 98.02% 94.76% 94.84% Occupancy (%) 97.39% 97.39% 97.
Slide 16: Westin Hotel Performance
Financial Update Investment Properties Development Properties Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Operating Revenue (Rs. Lakh) 2,494 1,643 1,131 4,914 2,037 EBITDA (Rs. Lakh) 596 273 (8) 600 (555) EBITDA Margin (%) 23.90% 16.62% -0.72% 12.21% -27.25% Number of Rooms 269 269 269 269 269 Av
Slide 17: Financial Update: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential Projects: Cumulative Bookings
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 Area Booked in Q3FY22
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in in Q3FY22 in Q3FY22 for Q3FY22 Q3FY22 Q3FY22 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite 11,790 2 2,304 2,252 2,304 Esquire
Slide 20: Exquisite Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 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)
Slide 21: Esquire Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 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)
Slide 22: Elysian Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2021 Project status as on Sep 30, 2021 21
Slide 23: Elysian Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 9MFY22 Date Area available for booking (sqft.) 25,00,600 11,80,387 25,00,600 25,00,600 Units available for booking (nos.) 719 349 719 719 Area Booked (sqft) 5,67,826 72,960 6,50,824 11,83,012 Units B
Slide 24: Maxima Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2021 Project status as on Sep 30, 2021 Artist Impression 23
Slide 25: Maxima Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Date Area available for booking (sqft.) 3,17,293 4,10,595 4,10,595 3,17,293 4,10,595 3,17,293 Units available for booking (nos.) 132 178 178 132 178 132 Area Booked (sqft) 75,444
Slide 26: Eternia Project
Financial Update Investment Properties Development Properties Artist Impression 25
Slide 27: Eternia Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2021 Project status as on Sep 30, 2021 26
Slide 28: Eternia Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Date Area available for booking (sqft.) 21,58,100 21,58,100 17,67,640 21,58,100 17,67,640 21,58,100 Units available for booking (nos.) 1,296 1,296 1,068 1,296 1,068 1,296 Area Bo
Slide 29: Enigma Project
Financial Update Investment Properties Development Properties Artist Impression 28
Slide 30: Enigma Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2021 Project status as on Sep 30, 2021 29
Slide 31: Enigma Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Date Area available for booking (sqft.) 20,25,213 20,25,213 17,45,682 20,25,213 17,45,682 20,25,213 Units available for booking (nos.) 683 683 589 683 589 683 Area Booked (sqft)
Slide 32: Sky City Project
Financial Update Investment Properties Development Properties Artist Impression 31
Slide 33: Sky City Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2021 Project status as on Sep 30, 2021 Artist Impression 32
Slide 34: Sky City Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 Date Area available for booking (sqft.) 36,60,022 36,60,022 28,87,679 36,60,022 28,87,679 36,60,022 Units available for booking (nos.) 2,233 2,233 1,834 2,233 1,834 2,233 Area Bo
Slide 35: Three Sixty West Status
Financial Update Investment Properties Development Properties Project Status as on Dec 31, 2021 Amount spent in Q3FY22 : Rs. 88.24 crore 34
Slide 36: Three Sixty West Project Details
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY22 Q2FY22 Q3FY21 9MFY22 9MFY21 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 (9,562) 49,226 6,50,972 * Units Booked (
Slide 37: Achieved gross booking value exceeding Rs. 1,000 crore of Tower B in Elysian
● Achieved gross booking value exceeding Rs. 1,000 crore of Tower B in Elysian project at Goregaon (East) ● Highest 9M gross booking value at Rs 3,151 crore ● Highest quarterly booking value achieved in Maxima and Sky City in a non-launch quarter ● Company raised Rs. 1,000 crore by issuing Non Conve
Slide 38: Investor Relation efforts are coordinated by
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