Oberoi Realty
Oberoi Realty
Realty F&OKey Fundamentals
MidcapResidential Commercial ProjectsRealtyTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
1- Company is expected to give good quarter
Weaknesses
1- Dividend payout has been low at 13.3% of profits over last 3 years
Growth Rate
AI Analysis — Bull vs Bear
Oberoi Realty Ltd commands a market cap of ₹62,856 Cr with a PE of 24.7x and has delivered TTM sales growth of 30% and profit growth of 28%. The company has maintained a consistent ROE of 14-15% over recent years, though its dividend payout remains low at 13.3% of profits over the last three years.
- Strong TTM revenue growth of 30% indicates robust demand for Oberoi's premium residential projects in the Mumbai Metropolitan Region
- TTM profit growth of 28% demonstrates healthy operating leverage and the company's ability to convert top-line momentum into bottom-line expansion
- 5-year compounded sales CAGR of 24% reflects a sustained long-duration growth trajectory, not a one-off spike
- 5-year compounded profit CAGR of 27% outpaces the sales CAGR of 24%, suggesting improving margins or operating efficiency over time
- 10-year stock price CAGR of 20% shows consistent long-term wealth creation and market confidence in the business model
- ROE has improved from a 10-year average of 12% to 15% in the last year, indicating better capital efficiency and return generation
- PE of 24.7x is reasonable relative to the 28% TTM profit growth, implying a PEG ratio below 1.0 on trailing numbers
- Company is expected to deliver a good upcoming quarter, suggesting near-term earnings visibility remains intact
- Dividend payout of just 13.3% of profits over the last 3 years and a yield of only 0.11% offers negligible income return to shareholders
- 3-year compounded profit CAGR of only 9% versus the TTM figure of 28% suggests recent profit growth may be lumpy rather than steady
- Price-to-book ratio of 3.62x is elevated for a real estate company, where NAV-based valuations typically anchor closer to book value
- 3-year compounded sales CAGR of 13% is notably lower than the 5-year CAGR of 24%, pointing to a period of slower growth in the intermediate term
- Real estate sector is inherently cyclical and interest-rate sensitive — any tightening by the RBI could dampen Mumbai's premium housing demand and compress volumes
- Oberoi Realty's operations are heavily concentrated in the Mumbai region, creating geographic concentration risk with limited diversification
- 52-week high and low data are unavailable (reported as 0), limiting the ability to assess recent price volatility and drawdown risk
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Gurugram project regulatory clarity Aug 18
DTCP confirmed Oberoi Realty's developer status for Project Three Sixty North in Gurugram and removed allotment limits previously imposed by the High Court, resolving two key regulatory hurdles.
- Analyst meets scheduled in September Aug 27
Oberoi Realty scheduled investor meetings in Mumbai on September 1 and 21, 2026, at the Elara India Dialogue and J.P. Morgan India Conference.
TL;DR: Oberoi Realty faces no notable headwinds in recent news. The favourable DTCP ruling for its Gurugram project removes regulatory overhang and clears the path for sales momentum in that market. Upcoming analyst meets at marquee conferences suggest continued institutional engagement. The near-term trend is steady, with the Gurugram clarity being a modest positive catalyst to watch.
Quarterly Results
| Particulars | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 910 | 1,217 | 1,054 | 1,315 | 1,405 | 1,320 | 1,411 | 1,150 | 988 | 1,779 | 1,493 | 1,750 | 1,301 |
| Expenses | 436 | 579 | 544 | 526 | 590 | 506 | 555 | 532 | 467 | 759 | 635 | 801 | 567 |
| Operating Profit | 474 | 638 | 509 | 789 | 815 | 814 | 856 | 618 | 520 | 1,020 | 857 | 949 | 734 |
| OPM % | 52% | 52% | 48% | 60% | 58% | 62% | 61% | 54% | 53% | 57% | 57% | 54% | 56% |
| Other Income | 25 | 28 | 31 | 247 | 39 | 41 | 52 | 63 | 93 | 77 | 55 | 74 | 65 |
| Interest | 62 | 56 | 50 | 50 | 59 | 52 | 75 | 80 | 75 | 71 | 67 | 27 | 52 |
| Depreciation | 11 | 11 | 11 | 14 | 20 | 21 | 23 | 24 | 32 | 33 | 33 | 33 | 35 |
| PBT | 426 | 599 | 479 | 971 | 775 | 782 | 810 | 577 | 507 | 993 | 813 | 963 | 712 |
| Tax % | 25% | 24% | 25% | 19% | 25% | 25% | 24% | 25% | 17% | 23% | 23% | 27% | 24% |
| Net Profit | 322 | 457 | 360 | 788 | 585 | 589 | 618 | 433 | 421 | 760 | 623 | 703 | 544 |
| EPS in Rs | 8.85 | 12.56 | 9.91 | 21.67 | 16.08 | 16.21 | 17.01 | 11.91 | 11.59 | 20.91 | 17.12 | 19.34 | 14.95 |
Profit & Loss
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 923 | 1,416 | 1,114 | 1,265 | 2,582 | 2,238 | 2,053 | 2,694 | 4,193 | 4,496 | 5,286 | 6,009 | 6,322 |
| Expenses | 409 | 740 | 543 | 589 | 1,427 | 1,189 | 1,052 | 1,512 | 2,081 | 2,066 | 2,183 | 2,650 | 2,761 |
| Operating Profit | 514 | 676 | 571 | 676 | 1,156 | 1,048 | 1,001 | 1,182 | 2,112 | 2,430 | 3,103 | 3,359 | 3,561 |
| OPM % | 56% | 48% | 51% | 53% | 45% | 47% | 49% | 44% | 50% | 54% | 59% | 56% | 56% |
| Other Income | 17 | 43 | 50 | 29 | 86 | 54 | 41 | 297 | 321 | 312 | 196 | 288 | 272 |
| Interest | 2 | 7 | 6 | 7 | 19 | 88 | 76 | 86 | 169 | 218 | 265 | 241 | 218 |
| Depreciation | 40 | 49 | 50 | 49 | 44 | 45 | 41 | 40 | 40 | 48 | 88 | 131 | 134 |
| PBT | 489 | 663 | 565 | 650 | 1,178 | 969 | 924 | 1,354 | 2,224 | 2,476 | 2,945 | 3,276 | 3,480 |
| Tax % | 35% | 35% | 33% | 29% | 31% | 29% | 20% | 23% | 14% | 22% | 24% | 23% | — |
| Net Profit | 317 | 436 | 379 | 459 | 817 | 689 | 739 | 1,047 | 1,905 | 1,927 | 2,226 | 2,507 | 2,630 |
| EPS in Rs | 9.66 | 12.84 | 11.15 | 13.51 | 22.47 | 18.96 | 20.33 | 28.8 | 52.38 | 52.99 | 61.21 | 68.96 | 72.32 |
| Div. Payout % | 21% | 16% | 18% | 15% | 9% | 0% | 0% | 10% | 8% | 15% | 13% | 12% | — |
Balance Sheet
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 328 | 339 | 340 | 340 | 364 | 364 | 364 | 364 | 364 | 364 | 364 | 364 |
| Reserves | 4,306 | 5,002 | 5,386 | 5,753 | 7,666 | 8,266 | 9,006 | 10,053 | 11,847 | 13,481 | 15,341 | 17,558 |
| Borrowings | 902 | 473 | 869 | 1,694 | 1,586 | 1,519 | 1,534 | 2,855 | 3,944 | 2,495 | 3,300 | 2,825 |
| Other Liabilities | 1,584 | 1,669 | 1,865 | 2,401 | 1,483 | 1,045 | 1,116 | 2,394 | 2,471 | 3,293 | 3,710 | 4,580 |
| Total Liabilities | 7,120 | 7,484 | 8,459 | 10,188 | 11,098 | 11,193 | 12,019 | 15,666 | 18,626 | 19,633 | 22,715 | 25,327 |
| Fixed Assets | 1,280 | 247 | 945 | 976 | 1,062 | 1,046 | 1,014 | 980 | 949 | 3,053 | 4,685 | 4,700 |
| CWIP | 22 | 49 | 110 | 113 | 126 | 305 | 1,980 | 3,298 | 4,031 | 2,705 | 1,604 | 1,752 |
| Investments | 0 | 2,182 | 1,824 | 2,420 | 2,938 | 2,406 | 1,620 | 2,679 | 703 | 818 | 2,535 | 1,737 |
| Other Assets | 5,818 | 5,007 | 5,581 | 6,679 | 6,972 | 7,435 | 7,406 | 8,709 | 12,943 | 13,057 | 13,891 | 17,138 |
| Total Assets | 7,120 | 7,484 | 8,459 | 10,188 | 11,098 | 11,193 | 12,019 | 15,666 | 18,626 | 19,633 | 22,715 | 25,327 |
Cash Flow
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | -938 | 453 | 174 | -202 | 146 | -282 | 696 | 1,069 | -2,383 | 2,816 | 2,163 | 1,380 |
| Investing | -88 | -121 | -559 | -592 | -646 | 358 | -591 | -1,390 | 1,739 | -644 | -2,392 | -463 |
| Financing | 694 | -204 | 335 | 651 | 839 | -309 | -116 | 1,142 | 709 | -2,034 | 200 | -1,009 |
| Net Cash Flow | -333 | 128 | -50 | -143 | 339 | -233 | -11 | 821 | 64 | 138 | -29 | -92 |
| Free Cash Flow | -909 | 413 | 98 | -279 | -25 | -508 | -628 | -137 | -2,985 | 2,140 | 1,472 | 746 |
| CFO/OP | -153 | 98 | 62 | 1 | 41 | -6 | 90 | 115 | -90 | 135 | 91 | 65 |
Ratios
| Particulars | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 33 | 29 | 35 | 52 | 15 | 19 | 23 | 17 | 96 | 17 | 8 | 20 |
| Inventory Days | — | — | — | — | — | — | 6,239 | — | — | — | — | — |
| Days Payable | — | — | — | — | — | — | 402 | — | — | — | — | — |
| Cash Conversion Cycle | 33 | 29 | 35 | 52 | 15 | 19 | 5,860 | 17 | 96 | 17 | 8 | 20 |
| Working Capital Days | 1,039 | 699 | 1,010 | 866 | 553 | 687 | 789 | 662 | 729 | 668 | 596 | 605 |
| ROCE % | 10% | 12% | 9% | 9% | 13% | 11% | 9% | 12% | 16% | 15% | 18% | 17% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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61 extracted metrics + investor summaries across FY11–FY27.
Documents
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Company Information
Oberoi Realty Ltd is a real estate development company, headquartered in Mumbai. It is the part of Oberoi Realty Group, focused on developments in the residential, office space, retail, hospitality, and social infrastructure verticals. [1]
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