Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q4 FY2024 Earnings Presentation
36 slides from Oberoi Realty's earnings presentation, May 14, 2024
Slide 1: Results Update Q4FY24
Results Update Q4FY24 May 14, 2024
Slide 2: Contents
CONTENTS Financial Update Investment Properties Development Properties Note: The areas for Investment Properties and Development Properties mentioned in this Result Update refer to carpet areas. 1
Slide 3: Balance Sheet – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Balance Sheet – Abstract (Consolidated) Amount in Rs Lakh Particulars FY24 FY23 Non-current assets 6,88,749 6,16,938 Current assets 12,74,592 12,45,639 Total 19,63,341 18,62,577 Equity 13,84,441 12,21,012 Non-current liabilities 2,51,570
Slide 4: Cash Flow – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Cash Flow – Abstract (Consolidated) Amount in Rs Lakh Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Opening Cash and Cash Equivalents 92,994 1,06,032 61,287 83,699 1,19,554 Operating Cash Flows 88,415 45,399 (2,24,952) 2,80,985 (2,38,304) In
Slide 5: Assets – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Assets – Abstract (Consolidated) Amount in Rs Lakh Particulars FY24 FY23 Non-current assets Fixed assets (including CWIP) 5,75,804 4,98,000 Financial assets 35,437 46,168 Deferred tax assets (net) 17,281 19,314 Other non-current assets 60
Slide 6: Liabilities – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Liabilities – Abstract (Consolidated) Amount in Rs Lakh Particulars FY24 FY23 Non-current liabilities Financial liabilities i) Borrowings 2,19,204 2,88,064 ii) Trade Payables 6,086 6,913 iii) Others 20,699 14,242 Provisions 205 165 Deferr
Slide 7: Profit & Loss Account – Abstract (Consolidated)
Financial Update Investment Properties Development Properties Profit & Loss Account – Abstract (Consolidated) Amount in Rs Lakh (Except EPS) Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Revenue from Projects 1,09,053 83,983 80,477 3,66,627 3,61,243 Revenue from Hospitality 4,815 4,901 4,589 17,634 15,
Slide 8: Key Financial Parameters
Financial Update Investment Properties Development Properties Key Financial Parameters Particulars FY24 FY23 Operating margin 53.60% 50.37% Net profit margin 39.98% 44.36% * RONW# 14.79% 16.83% * ROCE# 13.20% 14.09% Gross debt to equity 0.18 0.32 Net debt to equity 0.09 0.25 Current ratio 3.89 3.79
Slide 9: Operating Margin Analysis
Financial Update Investment Properties Development Properties Operating Margin Analysis Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q4FY24 59.98% 56.29% 97.79% 42.86% -15.63% Revenues from operations 1,31,477 1,09,812 15,514 4,846 1,305 Operating m
Slide 10: Performance of Scrip (from listing)
Financial Update Investment Properties Development Properties Performance of Scrip (from listing) 610.00 580.00 550.00 520.00 490.00 460.00 430.00 400.00 370.00 340.00 Index 310.00 280.00 250.00 220.00 190.00 160.00 130.00 100.00 70.00 40.00 10.00 4-Aug-12 6-Sep-14 30-Jul-15 4-Mar-16 24-Jul-18 18-Ju
Slide 11: Shareholding Pattern (%)
Financial Update Investment Properties Development Properties Shareholding Pattern (%) Category 31-Mar-24 31-Dec-23 30-Sep-23 30-Jun-23 31-Mar-23 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 17.09% 17.53% 17.94% 18.16% 17.76% Domestic Institut
Slide 12: Investment Properties - Completed
Financial Update Investment Properties Development Properties Investment Properties - Completed The Westin Mumbai Garden City Carpet Area: 317,046 sqft. Carpet Area: 189,250 sqft. Carpet Area: 480,754 sqft. 269 Rooms 11 Note: The areas for Investment Properties mentioned in this Result Update refer
Slide 13: Oberoi Mall
Financial Update Investment Properties Development Properties Oberoi Mall Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Operating Revenue (Rs. Lakh) 4,652 4,427 3,648 16,499 14,617 EBITDA (Rs. Lakh) 4,267 4,205 3,280 15,481 13,738 EBITDA Margin (%) 92% 95% 90% 94% 94% * * * Occupancy (%) 97% 97% 96% 97
Slide 14: Commerz
Financial Update Investment Properties Development Properties Commerz Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Operating Revenue (Rs. Lakh) 766 1,143 689 3,631 2,918 EBITDA (Rs. Lakh) 666 1,059 612 3,276 2,515 EBITDA Margin (%) 87% 93% 89% 90% 86% Occupancy (%) 64% 52% 56% 58% 56% Carpet Area Leas
Slide 15: Commerz II
Financial Update Investment Properties Development Properties Commerz II Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Operating Revenue (Rs. Lakh) 3,325 2,746 3,008 11,473 11,558 EBITDA (Rs. Lakh) 3,089 2,522 2,754 10,586 10,678 EBITDA Margin (%) 93% 92% 92% 92% 92% Occupancy (%) 93% 87% 86% 86% 81% C
Slide 16: The Westin Mumbai Garden City
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Operating Revenue (Rs. Lakh) 4,846 4,923 4,611 17,730 15,688 EBITDA (Rs. Lakh) 2,077 2,049 2,078 6,990 6,123 EBITDA Margin (%) 43% 42% 45% 39% 39% Number of Rooms 26
Slide 17: Development Properties
Financial Update Investment Properties Development Properties Development Properties Note: The areas for Development Properties mentioned in this Result Update refer to carpet areas. 16
Slide 18: Project Till Date Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Project Till Date Synopsis – Key Development Properties Revenue Area Booked Inventory as Booking Value Project Residential Projects Carpet Area Recognised till Till Date on Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh)
Slide 19: FY24 Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties FY24 Synopsis – Key Development Properties Carpet Area Amount Revenue Units Booked Sales Value Residential Projects Booked in Collected in Recognised in FY24 for FY24 FY24 FY24 in FY24 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Elysi
Slide 20: Quarterly Synopsis – Key Development Properties
Financial Update Investment Properties Development Properties Quarterly Synopsis – Key Development Properties Carpet Area Amount Revenue Units Booked Sales Value Residential Projects Booked in Collected in Recognised in Q4FY24 for Q4FY24 Q4FY24 Q4FY24 in Q4FY24 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (
Slide 21: Elysian
Financial Update Investment Properties Development Properties Elysian Project status as on Dec 31, 2023 Project status as on Mar 31, 2024 Tower – A & B Tower - C 20
Slide 22: Elysian
Financial Update Investment Properties Development Properties Elysian Project Till Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Date Carpet area (sqft.) 21,77,157 15,15,481 15,15,481 21,77,157 15,15,481 21,77,157 Units (nos.) 984 719 719 984 719 984 Area Booked (sqft.) 2,86,865 28,788 23,877 3,76,745
Slide 23: Forestville
Financial Update Investment Properties Development Properties Forestville Project status as on Dec 31, 2023 Project status as on Mar 31, 2024 Tower - A Tower - C 22
Slide 24: Forestville
Financial Update Investment Properties Development Properties Forestville Project Till Particulars Q4FY24 Q3FY24 Date Carpet area (sqft.) 11,08,932 11,08,932 11,08,932 Units (nos.) 1,257 1,257 1,257 Area Booked (sqft.) 19,477 1,08,775 1,28,252 Units Booked (nos.) 20 116 136 Area in Inventory (sqft.)
Slide 25: Eternia
Financial Update Investment Properties Development Properties Eternia 24
Slide 26: Eternia
Financial Update Investment Properties Development Properties Eternia Project Till Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Date Carpet area (sqft.) 13,49,549 13,49,549 13,49,549 13,49,549 13,49,549 13,49,549 Units (nos.) 1,312 1,312 1,312 1,312 1,312 1,312 Area Booked (sqft.) 28,717 19,965 37,149
Slide 27: Enigma
Financial Update Investment Properties Development Properties Enigma 26
Slide 28: Enigma
Financial Update Investment Properties Development Properties Enigma Project Till Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Date Carpet area (sqft.) 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 12,57,392 Units (nos.) 682 682 682 682 682 682 Area Booked (sqft.) 34,990 48,502 26,958 1,35,522 1,4
Slide 29: Sky City
Financial Update Investment Properties Development Properties Sky City Status as on Mar 31, 2024 Tower - F 28
Slide 30: Sky City
Financial Update Investment Properties Development Properties Sky City Project Till Particulars Q4FY24 Q3FY24 Q4FY23 FY24 FY23 Date Carpet area (sqft.) 28,54,907 28,54,907 28,54,907 28,54,907 28,54,907 28,54,907 Units (nos.) 2,734 2,734 2,734 2,734 2,734 2,734 Area Booked (sqft.) 60,747 45,919 49,65
Slide 31: Sustainability – FY24 Key Highlights
Financial Update Investment Properties Development Properties Sustainability – FY24 Key Highlights ➢ Published 1st ESG Report for FY23 in alignment with Global Reporting Initiative Standards, United Nation SDGs, Integrated Reporting ESG Ratings & Framework Milestones ➢ Recognized as the 'ESG Champio
Slide 32: Highlights
Financial Update Investment Properties Development Properties Highlights ➢ Highest quarterly and annual PAT of Rs. 788 crs and Rs. 1,926 cr respectively ➢ Commenced bookings for Elysian Tower C, Oberoi Garden City, Goregaon ➢ Announced two new hotel properties - The JW Marriott Thane Garden City and
Slide 33: Awards
Financial Update Investment Properties Development Properties Awards ➢ Oberoi Realty conferred ‘ESG Champions of India 2024’ by Dun & Bradstreet ➢ Oberoi Mall recognised at Global Marketing Excellence Awards recognised for: - New developments and expansions for Retail excellence - Most Admired Marke
Slide 34: Thank You
Thank You For any further information please write to ir@oberoirealty.com or contact on (+91 22) 6677 3333 33
Slide 35: Annexure
Annexure Notes 1. Previous period figures have been re-grouped, re-arranged and re-classified wherever necessary to conform to current period’s classification. The classification in this presentation may vary from classifications under Schedule III to the Companies Act or under Accounting Standards
Slide 36: Disclaimer
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