Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q4 FY2023 Earnings Presentation
36 slides from Oberoi Realty's earnings presentation, May 16, 2023
Slide 1: Result Update Q4FY23
Oberoi Realty Limited Result Update Q4FY23 May 16, 2023
Slide 2: Financial Update
Financial Update Investment Properties Development Properties Note: The areas for Investment Properties and Development Properties mentioned in this Result Update have been revised to carpet areas. 1
Slide 3: Financial Update: Balance Sheet Summary
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY23 FY22 Non-current assets 6,18,461 6,78,150 Current assets 12,45,639 8,90,907 Total 18,64,100 15,69,057 Equity 12,21,012 10,41,614 Non-current liabilities 3,14,304 2,43,043 Current liabilities 3,28,784 2,8
Slide 4: Financial Update: Cash Flow
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Opening Cash and Cash Equivalents 61,287 99,380 1,19,488 1,19,554 27,433 Operating Cash Flows (2,24,952) (28,430) 30,725 (2,38,304) 1,06,873 Investing Cash Flows 1,42,278 (40,66
Slide 5: Balance Sheet: Assets
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY23 FY22 Non-current assets Fixed assets (including CWIP) 4,98,000 4,27,717 Financial assets 46,168 1,81,102 Deferred tax assets (net) 20,837 2,727 Other non-current assets 53,456 66,604 Total non-current as
Slide 6: Balance Sheet: Liabilities
Financial Update Investment Properties Development Properties Amount in Rs Lakh Particulars FY23 FY22 Non-current liabilities Financial liabilities i) Borrowings 2,88,064 2,16,496 ii) Trade Payables 6,913 3,219 iii) Others 14,243 16,705 Provisions 165 173 Deferred tax liabilities (Net) 1,546 2,474 O
Slide 7: Financial Update: Profit and Loss
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Revenue from Projects 80,477 1,47,880 65,570 3,61,243 2,24,701 Revenue from Hospitality 4,589 4,169 2,260 15,602 7,109 Other Operating Revenues 660 553 393 1,880 1
Slide 8: Key Financial Ratios
Financial Update Investment Properties Development Properties Particulars FY23 FY22 Operating margin 50.37% 43.85% Net profit margin 44.36% 38.04% RONW# 18.78% 13.01% ROCE# 15.59% 11.36% Gross debt to equity 0.32 0.27 Net debt to equity 0.25 0.16 Current ratio 3.79 3.13 #Calculated on Average Networ
Slide 9: Segment Revenue and Operating Margin
Financial Update Investment Properties Development Properties Amount in Rs Lakh Property Particulars Total Residential Rental Hospitality Management Services Q4FY23 38.36% 32.51% 92.69% 45.03% -10.65% Revenues from operations 96,143 81,102 9,245 4,611 1,185 Operating margin 36,885 26,366 8,569 2,076
Slide 10: Share Price Performance vs Sensex and BSE Realty
Financial Update Investment Properties Development Properties 420.00 400.00 380.00 360.00 340.00 320.00 300.00 280.00 260.00 240.00 220.00 200.00 Index 180.00 160.00 140.00 120.00 100.00 80.00 60.00 40.00 20.00 8-Mar-12 26-Jul-13 3-Sep-14 9-Jun-17 18-Jul-18 2-Aug-21 1-Jun-22 20-Oct-10 29-Jan-11 28-N
Slide 11: Shareholding Pattern
Financial Update Investment Properties Development Properties Category 31-Mar-23 31-Dec-22 30-Sep-22 30-Jun-22 31-Mar-22 Promoter and Promoter Group 67.70% 67.70% 67.70% 67.70% 67.70% Foreign Institutional Investors (FIIs) 17.76% 17.33% 18.02% 19.42% 20.26% Domestic Institutional Investors (Institut
Slide 12: Investment Properties
Financial Update Investment Properties Development Properties The Westin Mumbai Garden City Carpet Area : 189,250 sqft. Carpet Area : 480,754 sqft. 269 rooms Carpet Area : 331,493 sqft. Note: The areas for Investment Properties mentioned in this Result Update have been revised to carpet areas. 11
Slide 13: Investment Properties: Mall Performance
Financial Update Investment Properties Development Properties Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Operating Revenue (Rs. Lakh) 3,648 3,734 8,033 14,617 11,197 EBITDA (Rs. Lakh) 3,280 3,547 7,670 13,738 10,387 EBITDA Margin (%) 90% 95% 95% 94% 93% * Occupancy (%) 96% 96% 95% 96% 95% Carpet Are
Slide 14: Investment Properties: Commercial Performance
Financial Update Investment Properties Development Properties Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Operating Revenue (Rs. Lakh) 689 691 728 2,918 2,872 EBITDA (Rs. Lakh) 612 622 662 2,515 2,624 EBITDA Margin (%) 89% 90% 91% 86% 91% Occupancy (%) 56% 56% 53% 56% 53% Carpet Area Leased (Sqft.) 1
Slide 15: Investment Properties: Commercial Performance
Financial Update Investment Properties Development Properties Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Operating Revenue (Rs. Lakh) 3,008 2,947 2,717 11,558 12,379 EBITDA (Rs. Lakh) 2,754 2,739 2,501 10,678 11,656 EBITDA Margin (%) 92% 93% 92% 92% 94% Occupancy (%) 86% 79% 80% 81% 92% Carpet Area
Slide 16: Investment Properties: Hospitality Performance
Financial Update Investment Properties Development Properties Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Operating Revenue (Rs. Lakh) 4,611 4,190 2,282 15,688 7,196 EBITDA (Rs. Lakh) 2,078 1,579 557 6,123 1,158 EBITDA Margin (%) 45% 38% 24% 39% 16% Number of Rooms 269 269 269 269 269 Average Room Ra
Slide 17: Development Properties
Financial Update Investment Properties Development Properties Note: The areas for Development Properties mentioned in this Result Update have been revised to carpet areas. 16
Slide 18: Residential Projects Summary
Financial Update Investment Properties Development Properties Revenue Carpet Area Inventory as on Booking Value Project Residential Projects Carpet Area Recognised till Booked Till Date Date till Date Completion Date (sqft.) (sqft.) (sqft.) (Rs. Lakh) (Rs. Lakh) (%) Elysian 15,15,481 9,29,690 5,85,7
Slide 19: Residential Projects: Q4FY23 Bookings and Revenue
Financial Update Investment Properties Development Properties Carpet Area Amount Revenue Units Booked Sales Value Residential Projects Booked in Collected in Recognised in Q4FY23 for Q4FY23 Q4FY23 Q4FY23 in Q4FY23 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Elysian 23,877 12 8,935 7,343 20,656 M
Slide 20: Elysian: Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2022 Project status as on Mar 31, 2023 19
Slide 21: Elysian: Sales and Revenue Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Date Carpet area (sqft.) 15,15,481 15,15,481 15,15,481 15,15,481 15,15,481 15,15,481 Units (nos.) 719 719 719 719 719 719 Area Booked (sqft) 23,877 2,418 59,233 1,49,928 4,61,323 9,2
Slide 22: Maxima: Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2022 Project status as on Mar 31, 2023 Artist Impression 21
Slide 23: Maxima: Sales and Revenue Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Date Carpet area (sqft.) 1,83,067 1,83,067 1,83,067 1,83,067 1,83,067 1,83,067 Units (nos.) 132 132 132 132 132 132 Area Booked (sqft) 5,209 2,588 31,656 20,907 94,904 1,75,232 Units
Slide 24: Eternia: Project Status
Financial Update Investment Properties Development Properties Artist Impression 23
Slide 25: Eternia: Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2022 Project status as on Mar 31, 2023 24
Slide 26: Eternia: Sales and Revenue Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Date Carpet area (sqft.) 13,49,549 13,49,549 13,34,637 13,49,549 13,34,637 13,49,549 Units (nos.) 1,312 1,312 1,296 1,312 1,296 1,312 Area Booked (sqft) 37,149 32,135 40,601 1,24,326
Slide 27: Enigma: Project Status
Financial Update Investment Properties Development Properties Artist Impression 26
Slide 28: Enigma: Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2022 Project status as on Mar 31, 2023 27
Slide 29: Enigma: Sales and Revenue Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Date Carpet area (sqft.) 12,57,392 12,57,392 12,58,273 12,57,392 12,58,273 12,57,392 Units (nos.) 682 682 683 682 683 682 Area Booked (sqft) 26,958 30,828 50,523 1,40,138 1,40,786 7,
Slide 30: Sky City: Project Status
Financial Update Investment Properties Development Properties Artist Impression 29
Slide 31: Sky City: Project Status
Financial Update Investment Properties Development Properties Project status as on Dec 31, 2022 Project status as on Mar 31, 2023 Artist Impression 30
Slide 32: Sky City: Sales and Revenue Metrics
Financial Update Investment Properties Development Properties Project Till Particulars Q4FY23 Q3FY23 Q4FY22 FY23 FY22 Date Carpet area (sqft.) 28,54,907 28,21,269 22,62,048 28,54,907 22,62,048 28,54,907 Units (nos.) 2,734 2,696 2,233 2,734 2,233 2,734 Area Booked (sqft) 49,651 1,53,596 1,12,596 3,51
Slide 33: FY23 Highlights
• Highest ever consolidated Profit after tax of Rs 1,904 crore in FY23 • Highest ever gross booking value of over Rs 5,100 crore in FY23 (excluding related party transactions) • Highest annual operating revenue of ~Rs 157 crore in FY23 by The Westin Mumbai Garden City • Received Part Occupation Cert
Slide 34: Investor Relations Contacts
Investor Relation efforts are coordinated by: Saumil Daru Director - Finance [email protected] Harsha Navlani EA to CMD and Investor Relations [email protected] For any further information please write to [email protected] or contact on (+91 22) 6677 3333 33
Slide 35: Notes
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 or the fi
Slide 36: 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