Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q1 FY2021 Earnings Presentation
20 slides from Oberoi Realty's earnings presentation, Jul 14, 2020
Slide 1: Oberoi Realty Limited Result Update Q1FY21
Oberoi Realty Limited Result Update Q1FY21 July 14, 2020
Slide 2: Morgan Stanley lease deal and COVID-19 impact
The Company has concluded negotiations and reached a deal with Morgan Stanley to lease upto 1.1 Mn Sq.ft office space for 9.5 years at the planned Commerz III building in Goregaon. Operations impacted severely by the ongoing COVID-19 pandemic. Note: Please refer to Annexure and Disclaimer at the
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 2
Slide 4: Summary balance sheet
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY21 Q1FY20 FY20 Non-current assets 4,39,250 4,25,875 4,37,543 Current assets 6,82,222 6,98,440 6,84,596 Total 11,21,472 11,24,315 11,22,139 Equity 8,65,845 8,18,100 8,62,949 Non-current liabilities 18,631
Slide 5: Cash flow summary
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY21 Q1FY20 FY20 Opening Cash and Cash Equivalents 28,663 76,738 76,738 Operating Cash Flows 6,030 3,608 (28,198) Investing Cash Flows (10,945) (53,790) (3,158) Financing Cash Flows (10,355) (7,085) (30,949
Slide 6: Assets detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY21 Q1FY20 FY20 Non-current assets Fixed assets (including CWIP) 1,37,004 1,23,322 1,35,195 Financial assets 2,29,295 2,66,388 2,29,818 Deferred tax assets (net) 9,455 13,133 9,317 Other non-current assets
Slide 7: Liabilities detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q1FY21 Q1FY20 FY20 Non-current liabilities Financial liabilities i) Borrowings - 58,081 - ii) Trade Payables 2,342 1,131 2,466 iii) Others 10,424 10,857 12,260 Provisions 121 193 211 Deferred tax liabilities
Slide 8: Profit and loss statement
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q1FY21 Q4FY20 Q1FY20 FY20 Revenue from Projects 5,792 48,445 46,321 1,68,141 Revenue from Hospitality 227 2,933 3,186 13,062 Revenue from Rent 5,158 8,940 9,271 36,723 Property Management Revenu
Slide 9: Key financial ratios and margins
Financial Update Investment Properties Development Properties Particulars Q1FY21 Q1FY20 FY20 Adjusted EBITDA* Margin (Including Non Operating 52.60% 41.27% 49.35% Income) Adjusted EBITDA* Margin (Excluding Non Operating 49.05% 39.82% 48.26% Income) PAT Margin 22.12% 24.60% 30.15% RONW# 1.37% 7.57% 8
Slide 10: Segment results
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q1FY21 52.60% 31.33% 96.30% -147.31% 10.93% Total Revenues 12,686 6,595 5,165 296 630 Adjusted EBITDA* 6,672 2,066 4,973 (436) 69 Q1FY20 41.27
Slide 11: Share price performance versus Sensex and BSE Realty Index
Index 20.00 30.00 40.00 50.00 60.00 80.00 90.00 70.00 110.00 120.00 140.00 150.00 160.00 170.00 180.00 190.00 200.00 210.00 220.00 100.00 130.00 20/Oct/10 19/Dec/10 17/Feb/11 18/Apr/11 17/Jun/11 16/Aug/11 15/Oct/11 14/Dec/11 12/Feb/12 Financial Update 12/Apr/12 11/Jun/12 10/Aug/12 9/Oct/12 8/Dec/12
Slide 12: Shareholding pattern
Financial Update Investment Properties Development Properties Category 30-Jun-20 31-Mar-20 31-Dec-19 30-Sep-19 30-Jun-19 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 26.15% 24.91% 25.33% 25.77% 26.07% Domestic Institutional Investors (Institut
Slide 13: Investment Properties
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City GLA: 3,13,381 sqft. GLA: 782,674 sqft. 269 rooms GLA: 552,893 sqft. 12
Slide 14: Commerz and Commerz II performance
Financial Update Investment Properties Development Properties Particulars Commerz Commerz II Operating Revenue (Rs. Lakh) 441 3,260 EBITDA (Rs. Lakh) 382 3,222 EBITDA Margin (%) 86.69% 98.81% Occupancy (%) 33.59% 100.00% Area Leased (Sqft.) 1,05,257 7,82,674 Revenue psf/month on area leased (Rs.) 14
Slide 15: Development Properties
Financial Update Investment Properties Development Properties 14
Slide 16: Residential projects status
Financial Update Investment Properties Development Properties Revenue Area Available Area Booked Inventory as Booking Value Project Residential Projects Recognised for Booking Till Date on Date till Date Completion till Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Seven 39,550 33,900 5,650
Slide 17: Residential projects bookings in Q1FY21
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in Q1FY21 in Q1FY21 for Q1FY21 Q1FY21 in Q1FY21 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite - - - 180 - Esquire 7,191 3 1,665 8
Slide 18: 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 17
Slide 19: 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 20: 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