Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q3 FY2013 Earnings Presentation
33 slides from Oberoi Realty's earnings presentation, Jan 19, 2013
Slide 1: Result Update Q3FY13
Oberoi Realty Limited Developing Destinations Result Update Q3FY13 January 19, 2013 O€ a BERL TY
Slide 2: Awards and Recognition
Awards and Recognition • Oberoi Realty Won the CNBC Awaaz Real Estate Awards 2012 for Oberoi Splendor in the Mumbai City level • Oberoi Exquisite has been awarded for : - • The Best Upcoming Luxury Residential Project in Mumbai by Brands Academy SAARC & ASEAN Real Estate Awards 2012 in association w
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 3
Slide 4: Balance sheet summary 9MFY13
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY13 9MFY12 FY12 Shareholders’ Fund 409,377 366,685 373,415 Non Current Liabilities 6,671 11,552 7,767 Current Liabilities 95,629 86,801 97,271 Total Equity and Liabilities 511,677 465,039 478,453 Non Curr
Slide 5: Cash flow and cash equivalents
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Opening Cash and Cash Equivalents 111,103 128,265 134,689 129,339 146,431 Operating Cash Flows 2,249 (5,798) 10,380 2,488 24,547 Investing Cash Flows (4,067) (4,797) (11,27
Slide 6: Liabilities breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY13 9MFY12 FY12 Deferred tax liabilities 1,274 531 782 Trade payables 574 104 146 Other Long term liabilities 4,731 10,818 6,751 Long-term provisions 93 100 89 Total Non-current Liabilities 6,671 11,552 7
Slide 7: Assets breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars 9MFY13 9MFY12 FY12 Fixed assets 105,995 95,173 98,501 Goodwill on consolidation 26,537 26,537 26,537 Other non-current assets 111,201 89,162 99,375 Total Non-current Assets 243,734 210,872 224,413 Cash and b
Slide 8: Profit and loss summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Revenue from Projects 21,528 19,523 12,215 54,759 38,727 Revenue from Rent 3,626 3,460 3,265 10,332 9,656 Revenue from Hospitality 2,664 2,073 2,482 6,916 6,42
Slide 9: Key financial ratios and margins
Financial Update Investment Properties Development Properties Particulars 9MFY13 FY12 FY11 FY10 FY09 FY08 EBITDA (Including Non Operating Income) / 62.32% 65.00% 60.43% 60.09% 60.87% 54.58% Total Revenue EBITDA (Excluding Non Operating Income) / 58.38% 58.63% 57.94% 59.29% 58.15% 50.37% Total Operat
Slide 10: Segment-wise operating revenues and EBITDA
Financial Update Investment Properties Development Properties Property Particulars Total Residential Rental Hospitality Management Services 9MFY13 58.38% 57.07% 96.71% 27.45% -0.19% Total Operating Revenues 74,368 55,069 10,418 6,980 1,900 EBITDA (Excluding Other Income) 43,415 31,427 10,075 1,916 (
Slide 11: Share price vs Sensex and BSE Realty Index
Financial Update Investment Properties Development Properties 120.00 110.00 100.00 90.00 80.00 Index 70.00 60.00 50.00 40.00 30.00 30-Nov-10 10-Jan-11 14-Jan-12 17-Jan-13 20-Feb-11 13-Sep-11 24-Feb-12 16-Sep-12 2-Apr-11 4-Dec-11 5-Apr-12 7-Dec-12 20-Oct-10 13-May-11 23-Jun-11 24-Oct-11 16-May-12 26-
Slide 12: Shareholding pattern
Financial Update Investment Properties Development Properties Dec 31, Sep 30, Jun 30, Mar 31, Mar 31, Category 2012 2012 2012 2012 2011 Promoter and Promoter Group 78.49% 78.49% 78.49% 78.49% 78.49% Foreign Institutional Investors (FIIs) 10.11% 10.04% 10.33% 10.33% 9.55% Domestic Institutional Inves
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: Oberoi Mall performance
Financial Update Investment Properties Development Properties Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Operating Revenue (Rs. Lakh) 2,023 1,944 1,970 5,952 5,859 EBITDA (Rs. Lakh) 1,941 1,856 1,862 5,711 5,614 EBITDA Margin (%) 95.95% 95.46% 94.52% 95.96% 95.81% Occupancy (%) 94.56% 94.28% 94.
Slide 15: Commerz performance
Financial Update Investment Properties Development Properties Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Operating Revenue (Rs. Lakh) 1,145 1,143 1,073 3,415 3,253 EBITDA (Rs. Lakh) 1,124 1,116 1,052 3,353 3,132 EBITDA Margin (%) 98.13% 97.58% 98.00% 98.20% 96.26% Occupancy (%) 80.65% 80.65% 75.
Slide 16: Westin Mumbai Garden City hospitality performance
Financial Update Investment Properties Development Properties Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Operating Revenue (Rs. Lakh) 2,686 2,095 2,500 6,980 6,488 EBITDA (Rs. Lakh) 909 455 590 1,916 1,337 EBITDA Margin 33.84% 21.70% 23.60% 27.45% 20.61% Number of Rooms 269 269 269 269 269 Avera
Slide 17: Investment property project status
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 Project Status as on September 30, 2012 Amount spent in Q3FY13 is Rs. 9.90 crore 17
Slide 18: Financial Update: Development Properties
Financial Update Investment Properties Development Properties 18
Slide 19: Residential projects status to date
Financial Update Investment Properties Development Properties Sales Revenue Average Area Sold Inventory Project Residential Projects Est. Area Value Recognised Price for Till Date As on Date Completion Till Date Till Date Q3FY13 (sqft.) (sqft.) (sqft.) (Rs.Lakh) (Rs.Lakh) (%) (Rs./sqft.) Oberoi Seve
Slide 20: Residential projects sales in Q3FY13
Financial Update Investment Properties Development Properties Sales Amount Revenue Area Sold in Units Sold in Residential Projects Value Collected in Recognised in Q3FY13 Q3FY13 For Q3FY13 Q3FY13 Q3FY13 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Oberoi Seven 5,650 1 900 900 900 Oberoi Esquire 5
Slide 21: Project Status as on December 31, 2012
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 21
Slide 22: Project Status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 22
Slide 23: Oberoi Exquisite project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Date Estimated Total Area (sqft.) 1,535,670 1,535,670 1,506,810 1,535,670 1,506,810 1,535,670 Estimated Total Units (nos.) 802 802 786 802 786 802 Area Sold (sqft.) 39,630 27,820
Slide 24: Project Status as on December 31, 2012
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 Project Status as on September 30, 2012 24
Slide 25: Oberoi Esquire project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Date Estimated Total Area (sqft.) 1,970,530 1,970,530 1,970,530 1,970,530 1,970,530 1,970,530 Estimated Total Units (nos.) 846 846 846 846 846 846 Area Sold (sqft.) 52,680 70,410
Slide 26: Project Status as on December 31, 2012
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 Project Status as on September 30, 2012 26
Slide 27: Oberoi Splendor Grande project metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q3FY13 Q2FY13 Q3FY12 9MFY13 9MFY12 Date Estimated Total Area (sqft.) 283,920 283,920 283,920 283,920 283,920 283,920 Estimated Total Units (nos.) 156 156 156 156 156 156 Area Sold (sqft.) 18,200 20,020 27,300 61,8
Slide 28: Project Status as on December 31, 2012
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 Project Status as on September 30, 2012 Amount spent in Q3FY13 : Rs. 0.82 crore Amount spent in Q2FY13 : Rs. 0.67 crore 28
Slide 29: Project Status as on December 31, 2012
Financial Update Investment Properties Development Properties Project Status as on December 31, 2012 Amount spent in Q3FY13 : Rs. 75.44 crores 29
Slide 30: Project Status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Amount spent in Q2FY13 : Rs. 57.42 crores 30
Slide 31: Investor Relations contacts
Investor Relation efforts are coordinated by: Saumil Daru Chief Financial Officer [email protected] Tathagata Sarkar Executive Assistant to Managing Director [email protected] For any further information please write to [email protected] or contact on (+91 22) 6677 3333
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