Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — H1 FY15 Earnings Presentation
32 slides from Oberoi Realty's earnings presentation, Oct 18, 2014
Slide 1: Oberoi Realty Limited - Result Update H1 FY15
Oberoi Realty Limited rooted in values. Result Update H1 FY15 October 18, 2014
Slide 2: Key Developments
Key Developments • Successfully concluded the transaction with Tata Steel for the Borivali land parcel after acquiring necessary approvals and completing the legal documentation • The state government of Maharashtra announced its decision to withdraw the review petition against the order of the Hon’
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 3
Slide 4: Consolidated Balance Sheet Summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY15 H1FY14 FY14 Shareholders' Fund 4,53,092 4,32,823 4,39,639 Non-Current Liabilities 82,666 10,217 18,554 Current Liabilities 1,18,666 91,542 90,510 Total Equity and Liabilities 6,54,424 5,34,582 5,48,70
Slide 5: Cash Flow Statement
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Opening Cash and Cash Equivalents 23,614 54,936 87,358 54,936 1,07,247 Operating Cash Flows* (12,240) (1,05,383) (7,943) (1,17,623) (20,060) Investing Cash Flows 262 (10,27
Slide 6: Liabilities Breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY15 H1FY14 FY14 Long term borrowings 71,250 - 7,500 Deferred tax liabilities 2,311 1,678 2,195 Trade payables 1,217 822 1,088 Other Long term liabilities 7,790 7,624 7,666 Long-term provisions 98 93 105 T
Slide 7: Assets Breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY15 H1FY14 FY14 Fixed assets 1,09,109 1,06,910 1,09,949 Goodwill on consolidation 26,538 26,551 26,538 Other non-current assets 1,18,673 1,32,693 1,24,167 Total Non-Current Assets 2,54,320 2,66,154 2,60,6
Slide 8: Profit and Loss Summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Revenue from Projects 10,543 9,589 11,053 20,132 25,063 Revenue from Rent 4,125 4,074 4,102 8,199 7,869 Revenue from Hospitality 2,882 2,695 2,638 5,577 5,207
Slide 9: Key Financial Ratios and Margins
Financial Update Investment Properties Development Properties Particulars H1FY15 FY14 FY13 FY12 EBITDA Margin (Including Non Operating Income/ 59.00% 57.49% 62.05% 65.00% Total Revenue) EBITDA Margin (Excluding Non Operating Income/ 57.83% 54.45% 58.43% 58.63% Total Operating Income) PAT Margin 36.3
Slide 10: Segment-wise Revenue and EBITDA
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Property Particulars Total Residential Rental Hospitality Management Services H1FY15 57.83% 57.72% 97.17% 20.63% -6.21% Total Operating Revenues 36,090 20,465 8,242 5,620 1,763 EBITDA (Excluding Non Operating 20,871 11,
Slide 11: Share Price Performance vs Sensex and BSE Realty
Financial Update Investment Properties Development Properties 140.00 130.00 120.00 110.00 100.00 Index 90.00 80.00 70.00 60.00 50.00 40.00 30.00 16-Jul-13 23-Mar-12 30-Aug-12 29-Nov-10 06-Feb-13 08-Jan-11 29-Mar-11 27-Jul-11 24-Nov-11 03-Jan-12 21-Jul-12 18-Nov-12 18-Mar-13 27-Apr-13 13-Nov-13 13-Ma
Slide 12: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 30-Sep-14 30-Jun-14 31-Mar-14 31-Dec-13 30-Sep-13 Promoter and Promoter Group 75.00% 75.00% 75.00% 75.00% 75.00% Foreign Institutional Investors (FIIs) 16.07% 15.88% 13.57% 13.64% 12.40% Domestic Institutional Investors 0.61% 0.8
Slide 13: Investment Properties
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 552,893sqft. GLA: 364,888sqft. 269 rooms 13
Slide 14: Investment Property Performance
Financial Update Investment Properties Development Properties Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Operating Revenue (Rs. Lakh) 2,347 2,294 2,249 4,641 4,323 EBITDA (Rs. Lakh) 2,274 2,200 2,159 4,474 4,174 EBITDA Margin (%) 96.90% 95.90% 96.01% 96.41% 96.53% Occupancy (%) 99.56% 98.89% 99.
Slide 15: Investment Property Performance
Financial Update Investment Properties Development Properties Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Operating Revenue (Rs. Lakh) 1,183 1,217 1,200 2,400 2,402 EBITDA (Rs. Lakh) 1,181 1,217 1,190 2,398 2,364 EBITDA Margin (%) 99.82% 100.00% 99.17% 99.92% 98.40% Occupancy (%) 83.96% 85.85% 85
Slide 16: Hospitality Performance
Financial Update Investment Properties Development Properties Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Operating Revenue (Rs. Lakh) 2,903 2,717 2,659 5,620 5,250 EBITDA (Rs. Lakh) 805 354* 755 1,159 * 1,553 EBITDA Margin (%) * 27.74% 13.03% 28.40% 20.63% 29.58% Number of Rooms 269 269 269 269
Slide 17: Project Status as on Sep 30, 2014
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2014 Project Status as on June 30, 2014 Amount spent in Q2 FY15 is Rs. 6.39 crore Amount spent in Q1 FY15 is Rs. 8.02 crore 17
Slide 18: Development Properties
Financial Update Investment Properties Development Properties 18
Slide 19: Residential Projects Summary
Financial Update Investment Properties Development Properties Booking Revenue Area Booked Inventory as Project Avg. Price Residential Projects Est. Area Value till Recognised Till Date on Date Completion for Q2FY15 Date till Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) (Rs./sqft.) Oberoi S
Slide 20: Residential Bookings in Q2FY15
Financial Update Investment Properties Development Properties Area Units Booking Amount Revenue Residential Projects Booked in Booked in Value for Collected in Recognised Q2FY15 Q2FY15 Q2FY15 Q2FY15 in Q2FY15 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Esquire 6,585 3 1,167 5,560 - Oberoi Exquis
Slide 21: Project Status as on Sep 30, 2014
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2014 Project Status as on June 30, 2014 21
Slide 22: Esquire Project Details
Financial Update Investment Properties Development Properties Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Project Till Date * Estimated Total Area (sqft.) 15,04,815 15,04,815 15,04,815 15,04,815 15,04,815 15,04,815 Estimated Total Units (nos.) 636 636 636 636 636 636 Area Booked (sqft) 6,585 44,0
Slide 23: Project Status as on Sep 30, 2014
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2014 23
Slide 24: Project Status as on June 30, 2014
Financial Update Investment Properties Development Properties Project Status as on June 30, 2014 24
Slide 25: Oberoi Exquisite Project Details
Financial Update Investment Properties Development Properties Particulars Q2FY15 Q1FY15 Q2FY14 H1FY15 H1FY14 Project Till Date Estimated Total Area (sqft.) 15,47,610 15,35,670 15,35,670 15,47,610 15,35,670 15,47,610 Estimated Total Units (nos.) 802 802 802 802 802 802 Area Booked (sqft) 34,570 23,66
Slide 26: Project Status as on Sep 30, 2014
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2014 Project Status as on June 30, 2014 Amount spent in Q1 FY15 : Rs. 124.93 crore Amount spent in Q2 FY15 : Rs. 124.01 crore 26
Slide 27: Oasis Residential Project Details
Financial Update Investment Properties Development Properties Particulars Project Till Date Estimated Area of Project (sqft.) 17,83,928 Area Booked (sqft) * 1,24,306 Units Booked (nos.) * 13 Area in Inventory (sqft.) 16,59,622 Booking Value (Rs. Lakh) 35,335 Amount Collected (Rs. Lakh) 18,449 Revenu
Slide 28: Project Status as on Sep 30, 2014
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2014 Project Status as on June 30, 2014 28
Slide 29: Priviera Project Details
Financial Update Investment Properties Development Properties Particulars Q2FY15 H1FY15 Project Till Date Estimated Area of Project (sqft.) * 18,800 18,800 18,800 Estimated Total Units (nos.) 8 8 8 Area Booked (sqft) - - 4,700 Units Booked (nos.) - - 2 Area in Inventory (sqft.) 14,100 14,100 14,100
Slide 30: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance saumil.daru@oberoirealty.com Aditi Mittal Executive Assistant to Managing Director aditi.mittal@oberoirealty.com For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 30
Slide 31: Notes and Abbreviations
Note 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. All areas / conf
Slide 32: 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