Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q1 FY2014 Earnings Presentation
33 slides from Oberoi Realty's earnings presentation, Jul 15, 2013
Slide 1: Result Update Q1 FY14
Oberoi Realty Limited rooted in values. Result Update Q1 FY14 July 15, 2013 O€ OBEROI REALTY
Slide 2: Awards and Recognition
Awards and Recognition • Oberoi Garden City awarded as the ‘Integrated Township of the Year’ by Realty Plus Excellence Awards 2013 – West • Oberoi Splendor won ‘Highly Commended Landscape Architecture (India)’at the Asia Pacific Property Awards 2013-2014 • Oberoi Realty won ‘Red Carpet Customer - Be
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 3
Slide 4: Balance sheet summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q1 FY14 FY13 Shareholders' Fund 426,396 416,213 Non-Current Liabilities 9,319 6,742 Current Liabilities 101,051 105,947 Total Equity and Liabilities 536,766 528,902 Non Current Assets 267,576 258,336 Current
Slide 5: Cash flow and cash balance
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q1 FY14 Q1 FY13 Opening Cash and Cash Equivalents 107,247 129,339 Operating Cash Flows (12,117) 6,037 Investing Cash Flows (42,583) (37,852) Financing Cash Flows (0) (1,065) Closing Cash and Bank Balance 52,
Slide 6: Liabilities details
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q1 FY14 FY13 Deferred tax liabilities 1,718 1,473 Trade payables 853 797 Other Long term liabilities 6,654 4,354 Long-term provisions 94 117 Total Non-Current Liabilities 9,319 6,742 Trade payables 2,678 2,9
Slide 7: Assets details
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q1 FY14 FY13 Fixed assets 107,129 107,144 Goodwill on consolidation 26,537 26,537 Other non-current assets 133,909 124,654 Total Non-Current Assets 267,576 258,336 Cash and bank balance 52,548 107,247 Curren
Slide 8: Profit and loss summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q1 FY14 Q4 FY13 Q1 FY13 Revenue from Projects 14,010 23,369 13,709 Revenue from Rent 3,767 3,651 3,246 Revenue from Hospitality 2,569 2,644 2,178 Operating Revenues 20,346 29,664 19,133 Other Op
Slide 9: Margins and return ratios
Financial Update Investment Properties Development Properties Particulars Q1 FY14 FY13 FY12 FY11 FY10 FY09 EBITDA Margin (Including Non Operating 64.54% 62.05% 65.00% 60.43% 60.09% 60.87% Income/ Total Revenue) EBITDA Margin (Excluding Non Operating 61.13% 58.43% 58.63% 57.94% 59.29% 58.15% Income/
Slide 10: Segment-wise results
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Property Particulars Total Residential Rental Hospitality Management Services Q1FY14 61.13% 59.61% 97.85% 30.79% -11.64% Total Operating Revenues 21,839 14,458 4,102 2,590 689 EBITDA (Excluding Non Operating 13,350 8,61
Slide 11: Share price performance versus indices
Financial Update Investment Properties Development Properties 120.00 110.00 100.00 90.00 Index 80.00 70.00 60.00 50.00 40.00 30.00 23-Nov-10 30-Jan-11 19-Jul-11 13-Mar-12 16-Apr-12 27-Jul-12 3-Oct-12 13-Jan-13 22-Mar-13 25-Apr-13 5-Mar-11 8-Apr-11 25-Sep-11 16-Feb-13 22-Aug-11 8-Feb-12 30-Aug-12 27-
Slide 12: Shareholding pattern
Financial Update Investment Properties Development Properties Category 30-Jun-13 31-Mar-13 31-Dec-12 30-Sep-12 30-Jun-12 Promoter and Promoter Group 78.49% 78.49% 78.49% 78.49% 78.49% Foreign Institutional Investors (FIIs) 10.03% 10.30% 10.11% 10.04% 10.33% Domestic Institutional Investors 0.65% 0.7
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: Rental property performance
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Operating Revenue (Rs. Lakh) 2,074 1,969 1,985 EBITDA (Rs. Lakh) 2,014 1,854 1,915 EBITDA Margin (%) 97.10% 94.16% 96.46% Occupancy (%) 99.40% 95.08% 93.49% Area Leased (Sqft.) 549,594 525,691 516,900 R
Slide 15: Rental property performance
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Operating Revenue (Rs. Lakh) 1,202 1,199 1,126 EBITDA (Rs. Lakh) 1,174 1,160 1,079 EBITDA Margin (%) 97.63% 96.76% 95.76% Occupancy (%) 83.38% 83.38% 79.54% Leased Area (Sqft.) 304,244 304,244 290,244 R
Slide 16: Hospitality performance
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Operating Revenue (Rs. Lakh) 2,590 2,665 2,200 EBITDA (Rs. Lakh) 798 908 541 EBITDA Margin (%) 30.79% 34.07% 24.58% Number of Rooms 269 269 269 Average Room Rate (Rs.) 7,721 8,155 6,947 Occupancy (%) 72
Slide 17: Project status and amount spent
Financial Update Investment Properties Development Properties Project Status as on June 30, 2013 Project Status as on March 31, 2013 Amount spent in Q1 FY14 is Rs. 3.70 crore Amount spent in Q4 FY13 is Rs. 11.44 crore 17
Slide 18: Financial Update: Development Properties
Financial Update Investment Properties Development Properties 18
Slide 19: Residential projects summary
Financial Update Investment Properties Development Properties Area Booking Revenue Avg. Price Inventory Project Residential Projects Est. Area Booked Till Value till Recognised for as on Date Completion Date Date till Date Q1FY14 (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) (Rs./sqft.) Oberoi S
Slide 20: Residential bookings in Q1 FY14
Financial Update Investment Properties Development Properties Amount Revenue Area Booked Units Booked in Booking Value Residential Projects Collected in Recognised in in Q1 FY14 Q1 FY14 for Q1 FY14 Q1 FY14 Q1 FY14 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Oberoi Esquire 25,180 11 4,110 812 - O
Slide 21: Investment properties project status
Financial Update Investment Properties Development Properties Project Status as on June 30, 2013 Project Status as on Mar 31, 2013 21
Slide 22: Oberoi Esquire bookings
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Project Till Date Area Booked (sqft) 25,180 46,095 58,065 962,335 Units Booked (nos.) 11 21 25 408 Booking Value (Rs. Lakh) 4,110 7,804 9,266 125,379 Amount Collected (Rs. Lakh) 812 2,427 3,845 44,359 R
Slide 23: Project status June 30, 2013
Financial Update Investment Properties Development Properties Tower A Tower B Tower C Project Status as on June 30, 2013 23
Slide 24: Project status March 31, 2013
Financial Update Investment Properties Development Properties Tower A Tower B Tower C Project Status as on March 31, 2013 24
Slide 25: Oberoi Exquisite bookings
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Project Till Date Estimated Total Area (sqft.) 1,535,670 1,535,670 1,535,670 1,535,670 Estimated Total Units (nos.) 802 802 802 802 Area Booked (sqft) 21,960 41,600 28,600 994,190 Units Booked (nos.) 11
Slide 26: Project status as on June 30, 2013
Financial Update Investment Properties Development Properties Project Status as on June 30, 2013 26
Slide 27: Project status as on March 31, 2013
Financial Update Investment Properties Development Properties Project Status as on March 31, 2013 27
Slide 28: Oberoi Splendor Grande bookings
Financial Update Investment Properties Development Properties Particulars Q1 FY14 Q4 FY13 Q1 FY13 Project Till Date Estimated Total Area (sqft.) 283,920 283,920 283,920 283,920 Estimated Total Units (nos.) 156 156 156 156 Area Booked (sqft) 1,820 10,920 23,660 283,920 Units Booked (nos.) 1 6 13 156
Slide 29: Project status as on June 30, 2013
Financial Update Investment Properties Development Properties Project Status as on June 30, 2013 Amount spent in Q1 FY14 : Rs. 136.72 crores 29
Slide 30: Project status as on March 31, 2013
Financial Update Investment Properties Development Properties Project Status as on March 31, 2013 Amount spent in Q4 FY13 : Rs. 81.58 crores 30
Slide 31: Investor Relations contacts
Investor Relation efforts are coordinated by: Saumil Daru Chief Financial Officer [email protected] Aditi Mittal Executive Assistant to Managing Director [email protected] For any further information please write to [email protected] or contact on (+91 22) 6677 3333 31
Slide 32: Note 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. Abbreviations: •
Slide 33: 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