Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q2 FY2021 Earnings Presentation
38 slides from Oberoi Realty's earnings presentation, Oct 17, 2020
Slide 1: Oberoi Realty Limited Result Update Q2FY21
Oberoi Realty Limited Result Update Q2FY21 October 17, 2020
Slide 2: Financial Update
Financial Update Investment Properties Development Properties 1
Slide 3: Summary balance sheet
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY21 H1FY20 FY20 Non-current assets 4,37,029 4,14,189 4,37,543 Current assets 7,12,415 7,19,874 6,84,596 Total 11,49,444 11,34,063 11,22,139 Equity 8,79,567 8,23,125 8,62,949 Non-current liabilities 18,844
Slide 4: Cash flow and cash balance
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Opening Cash and Cash Equivalents 22,261 28,663 60,715 28,663 76,738 Operating Cash Flows 5,582 6,030 (46,709) 11,612 (43,102) Investing Cash Flows (9,678) (10,945) (4,676)
Slide 5: Assets detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY21 H1FY20 FY20 Non-current assets Fixed assets (including CWIP) 1,37,084 1,26,790 1,35,195 Financial assets 2,28,100 2,52,087 2,29,818 Deferred tax assets (net) 9,261 12,068 9,317 Other non-current assets
Slide 6: Liabilities detail
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars H1FY21 H1FY20 FY20 Non-current liabilities Financial liabilities i) Borrowings - 85,337 - ii) Trade Payables 2,424 1,329 2,466 iii) Others 10,493 11,446 12,260 Provisions 179 204 211 Deferred tax liabilities
Slide 7: Profit and loss statement
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Revenue from Projects 21,421 5,792 35,144 27,213 81,465 Revenue from Hospitality 636 227 3,122 863 6,308 Other Operating Revenues 362 36 250 398 424 Revenue fr
Slide 8: Key financial ratios and margins
Financial Update Investment Properties Development Properties Particulars H1FY21 H1FY20 Adjusted EBITDA* Margin (Including Non Operating 54.62% 43.68% Income) Adjusted EBITDA* Margin (Excluding Non Operating 52.73% 42.22% Income) PAT Margin 36.67% 25.83% RONW# 3.88% 7.20% ROCE# 3.98% 6.96% Gross Deb
Slide 9: Segment revenues and Adjusted EBITDA
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q2FY21 55.40% 43.01% 92.65% -2.78% 59.67% Total Revenues 32,528 22,591 8,536 702 699 Adjusted EBITDA* 18,021 9,715 7,908 (19) 417 H1FY21 54.62
Slide 10: Share price performance versus Sensex and BSE Realty Index
Index 20.00 30.00 40.00 50.00 60.00 70.00 80.00 90.00 100.00 110.00 120.00 130.00 140.00 150.00 160.00 170.00 180.00 200.00 210.00 190.00 220.00 20-Oct-10 14-Dec-10 7-Feb-11 3-Apr-11 28-May-11 22-Jul-11 15-Sep-11 9-Nov-11 3-Jan-12 27-Feb-12 Financial Update 22-Apr-12 16-Jun-12 10-Aug-12 4-Oct-12 28-
Slide 11: Shareholding pattern
Financial Update Investment Properties Development Properties Category 30-Sep-20 30-Jun-20 31-Mar-20 31-Dec-19 30-Sep-19 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 25.41% 26.15% 24.91% 25.33% 25.77% Domestic Institutional Investors (Institut
Slide 12: Investment properties portfolio
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. 11
Slide 13: Oberoi Mall performance
Financial Update Investment Properties Development Properties Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Operating Revenue (Rs. Lakh) 3,496 149 4,011 3,645 7,973 EBITDA (Rs. Lakh) 3,314 46 3,776 3,360 7,561 EBITDA Margin (%) 94.78% 31.22% 94.13% 92.19% 94.83% Occupancy (%) 93.62% 95.00% 96.57% 9
Slide 14: Commerz performance
Financial Update Investment Properties Development Properties Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Operating Revenue (Rs. Lakh) 549 441 1,028 990 2,066 EBITDA (Rs. Lakh) 488 382 973 870 1,958 EBITDA Margin (%) 88.87% 86.69% 94.67% 87.90% 94.80% Occupancy (%) 33.59% 33.59% 76.99% 33.59% 77.
Slide 15: Commerz II performance
Financial Update Investment Properties Development Properties Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Operating Revenue (Rs. Lakh) 3,257 3,260 3,028 6,517 6,013 EBITDA (Rs. Lakh) 2,852 3,222 2,897 6,074 5,687 EBITDA Margin (%) 87.57% 98.81% 95.69% 93.19% 94.58% Occupancy (%) 97.39% 100.00% 96
Slide 16: Hospitality performance
Financial Update Investment Properties Development Properties Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Operating Revenue (Rs. Lakh) 658 248 3,143 906 6,350 EBITDA (Rs. Lakh) (64) (484) 1,008 (547) 2,035 EBITDA Margin (%) -9.77% -194.87% 32.07% -60.35% 32.05% Number of Rooms 269 269 269 269 269
Slide 17: Development Properties
Financial Update Investment Properties Development Properties 16
Slide 18: Residential projects summary
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 19: Residential projects bookings in Q2FY21
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked Sales Value Residential Projects Collected in Recognised in Q2FY21 in Q2FY21 for Q2FY21 Q2FY21 in Q2FY21 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Exquisite 29,305 5 6,766 3,384 6,766 Esquire
Slide 20: Exquisite project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 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 data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 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: Project status as on Sep 30, 2020
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2020 Project status as on Mar 31, 2020 Artist Impression 21
Slide 23: Maxima project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 H1FY21 Date Area available for booking (sqft.) 4,10,595 4,10,595 4,10,595 4,10,595 Units available for booking (nos.) 178 178 178 178 Area Booked (sqft) - - - 22,942 Units Booked (nos.) - - - 10 Area
Slide 24: Project status artist impression
Financial Update Investment Properties Development Properties Artist Impression 23
Slide 25: Project status as on Sep 30, 2020
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2020 Project status as on Mar 31, 2020 24
Slide 26: Eternia project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Date Area available for booking (sqft.) 17,67,640 17,67,640 11,82,710 17,67,640 11,82,710 17,67,640 Units available for booking (nos.) 1,068 1,068 725 1,068 725 1,068 Area Booked
Slide 27: Financial Update
Financial Update Investment Properties Development Properties 26
Slide 28: Project status as on Sep 30, 2020
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2020 Project status as on Mar 31, 2020 27
Slide 29: Enigma project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Date Area available for booking (sqft.) 17,45,682 17,45,682 12,93,560 17,45,682 12,93,560 17,45,682 Units available for booking (nos.) 589 589 444 589 444 589 Area Booked (sqft)
Slide 30: Project status artist impression
Financial Update Investment Properties Development Properties Artist Impression 29
Slide 31: Project status as on Sep 30, 2020
Financial Update Investment Properties Development Properties Project status as on Sep 30, 2020 Project status as on Mar 31, 2020 Artist Impression 30
Slide 32: Sky City project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 Date Area available for booking (sqft.) 28,87,679 28,87,679 25,79,960 28,87,679 25,79,960 28,87,679 Units available for booking (nos.) 1,834 1,834 1,651 1,834 1,651 1,834 Area Bo
Slide 33: Project status as on Sep 30, 2020
Financial Update Investment Properties Development Properties Project Status as on Sep 30, 2020 Amount spent in Q2FY21 : Rs. 3.29 crore 32
Slide 34: Three Sixty West project data
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY21 Q1FY21 Q2FY20 H1FY21 H1FY20 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) 24,611 - 36,127 24,611 37,948 6,26,358 * Units Booked (no
Slide 35: Non Convertible Debentures issued in two tranches
● The Company has issued Non Convertible Debentures (NCDs) in two tranches. - Tranche 1 – amount of Rs. 198 crores at a coupon of 7.12% payable semi annual with a maturity of 2 years (issued on September 28, 2020). - Tranche 2 - consists of Rs. 500 crores at a coupon of 7.85% payable semi annual wit
Slide 36: 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 35
Slide 37: 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 38: 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