Oberoi Realty Limited · NSE:OBEROIRLTY
Oberoi Realty — Q2 FY2013 Earnings Presentation
33 slides from Oberoi Realty's earnings presentation, Oct 20, 2012
Slide 1: Result Update Q2FY13
Oberoi Realty Limited Developing Destinations Result Update Q2FY13 October 20, 2012 O€ i a Ea EA LT Y
Slide 2: Awards and Recognition
Awards and Recognition • Merit award to Oberoi Realty by Asia Pacific Real Estate Association (APREA) : Emerging Markets – Accounting and Financial Reporting Category • Oberoi Realty won the ‘Asian HR Leadership Awards for Promoting Health in the Workplace’ at the Asian Leadership Awards 2012 • Ober
Slide 3: Financial Update
Financial Update Investment Properties Development Properties 3
Slide 4: Balance sheet summary H1FY13
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY13 H1FY12 FY12 Shareholders’ Fund 395,931 356,478 373,415 Non Current Liabilities 6,000 7,620 7,768 Current Liabilities 104,204 80,569 97,270 Total Equity and Liabilities 506,135 444,667 478,453 Non Curr
Slide 5: Cash flow summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 Opening Cash and Cash Equivalents 128,265 129,339 156,400 129,339 146,399 Operating Cash Flows (5,798) 6,037 8,356 239 13,881 Investing Cash Flows (4,797) (6,046) (28,484)
Slide 6: Liabilities breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY13 H1FY12 FY12 Deferred tax liabilities 1,120 183 782 Trade payables 393 92 146 Other Long term liabilities 4,383 7,157 6,751 Long-term provisions 104 188 89 Total Non-current Liabilities 6,000 7,620 7,7
Slide 7: Assets breakdown
Financial Update Investment Properties Development Properties Amount in Rs. Lakh Particulars H1FY13 H1FY12 FY12 Fixed assets 104,784 92,667 98,501 Goodwill on consolidation 26,537 26,537 26,537 Other non-current assets 106,914 76,754 99,375 Total Non-current Assets 238,235 195,958 224,413 Cash and b
Slide 8: Profit and loss summary
Financial Update Investment Properties Development Properties Amount in Rs. Lakh (Except EPS) Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 Revenue from Projects 19,523 13,709 16,360 33,231 26,513 Revenue from Rent 3,460 3,246 3,219 6,707 6,390 Revenue from Hospitality 2,073 2,178 1,882 4,251 3,944
Slide 9: Key financial ratios
Financial Update Investment Properties Development Properties Particulars H1FY13 FY12 FY11 FY10 FY09 FY08 EBITDA (Including Non Operating Income) / 62.20% 65.00% 60.43% 60.09% 60.87% 54.58% Total Revenue EBITDA (Excluding Non Operating Income) / 57.58% 58.63% 57.94% 59.29% 58.15% 50.37% Total Operat
Slide 10: Segment results
Financial Update Investment Properties Development Properties Property Particulars Total Residential Rental Hospitality Management Services H1FY13 57.58% 56.21% 96.65% 23.46% -0.77% Operating Revenue 45,755 33,459 6,769 4,294 1,233 EBITDA (Excluding Other Income) 26,347 18,806 6,543 1,008 (9) FY12 5
Slide 11: Share price performance 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 22-Jan-12 21-Sep-12 16-Nov-10 31-Mar-11 27-Apr-11 6-Oct-11 29-Nov-11 16-Mar-12 12-Apr-12 5-Jun-12 18-Feb-12 9-Jan-11 17-Jul-11 13-Aug-11 4-Mar-11 2-Jul-12 29-Jul-12 25-A
Slide 12: Shareholding pattern
Financial Update Investment Properties Development Properties Sep 30, Jun 30, Mar 31, Mar 31, Category 2012 2012 2012 2011 Promoter and Promoter Group 78.49% 78.49% 78.49% 78.49% Foreign Institutional Investors (FIIs) 10.04% 10.33% 10.33% 9.55% Domestic Institutional Investors 0.85% 0.70% 0.66% 0.96
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: Commercial property performance
Financial Update Investment Properties Development Properties Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 Operating Revenue (Rs. Lakh) 1,944 1,985 1,977 3,929 3,889 EBITDA (Rs. Lakh) 1,856 1,915 1,905 3,771 3,752 EBITDA Margin (%) 95.46% 96.46% 96.33% 95.97% 96.46% Occupancy (%) 94.28% 93.49% 94.
Slide 15: Retail property performance
Financial Update Investment Properties Development Properties Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 Operating Revenue (Rs. Lakh) 1,143 1,126 1,091 2,269 2,179 EBITDA (Rs. Lakh) 1,116 1,079 1,041 2,194 2,079 EBITDA Margin (%) 97.58% 95.76% 95.40% 96.67% 95.40% Occupancy (%) 80.67% 79.54% 75.
Slide 16: Hospitality performance
Financial Update Investment Properties Development Properties Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 Operating Revenue (Rs. Lakh) 2,095 2,200 1,905 4,294 3,988 EBITDA (Rs. Lakh) 455 553 279 1,008 741 EBITDA Margin 21.70% 25.13% 14.65% 23.46% 18.59% Number of Rooms 269 269 269 269 269 Average
Slide 17: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Project Status as on June 30, 2012 Project Status as on March 31, 2012 Amount Spent as on September 30, 2012 is Rs. 288.35 crore 17
Slide 18: Development Properties
Financial Update Investment Properties Development Properties 18
Slide 19: Residential projects summary
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 Q2FY13 (sqft.) (sqft.) (sqft.) (Rs.Lakh) (Rs.Lakh) (%) (Rs./sqft.) Oberoi Seve
Slide 20: Residential sales in Q2FY13
Financial Update Investment Properties Development Properties Sales Amount Revenue Area Sold in Units Sold in Residential Projects Value Collected in Recognised in Q2FY13 Q2FY13 For Q2FY13 Q2FY13 Q2FY13 (sqft.) (nos.) (Rs. Lakh) (Rs. Lakh) (Rs. Lakh) Oberoi Esquire 70,410 32 10,995 3,257 - Oberoi Ex
Slide 21: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 21
Slide 22: Project status as on June 30, 2012
Financial Update Investment Properties Development Properties Project Status as on June 30, 2012
Slide 23: Oberoi Exquisite project details
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 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.) 27,820 28,600
Slide 24: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Project Status as on June 30, 2012 24
Slide 25: Oberoi Esquire project details
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 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.) 70,410 58,065
Slide 26: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Project Status as on June 30, 2012 26
Slide 27: Oberoi Splendor Grande project details
Financial Update Investment Properties Development Properties Project Till Particulars Q2FY13 Q1FY13 Q2FY12 H1FY13 H1FY12 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.) 20,020 23,660 30,940 43,6
Slide 28: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Project Status as on June 30, 2012 Amount spent as on Sep 30, 2012 : Rs. 63 crore 28
Slide 29: Project status as on September 30, 2012
Financial Update Investment Properties Development Properties Project Status as on September 30, 2012 Amount Spent as on September 30, 2012 : Rs. 315 crore 29
Slide 30: Project status as on June 30, 2012
Financial Update Investment Properties Development Properties Project Status as on Jun 30, 2012 Amount Spent as on June 30, 2012 : Rs. 258 crore 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