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 has a market capitalisation of about ₹67,535 crore and trades at a P/E of 25.4 and a P/B of 3.73. TTM sales grew 30% and profit grew 28%, but 3-year compounded profit growth is only 9%. ROE has held steady at 14-15%, the dividend yield is low at 0.11%, and no leverage data was provided.
- Recent growth is strong: TTM sales grew 30% and TTM profit grew 28%, well above the 3-year sales CAGR of 13% and profit CAGR of 9%.
- Over 5 years, sales compounded at 24% and profit at 27% a year, so earnings grew faster than revenue over that period.
- Over 10 years, profit compounded at 19% a year and the stock returned a 20% CAGR, a long record of steady growth for a cyclical sector.
- Return on equity has improved from a 10-year average of 12% to 14% on 3-year and 5-year averages, and 15% in the last year.
- A P/E of 25.4 against 28% TTM profit growth gives a trailing PEG ratio of about 0.9, so the multiple is roughly in line with recent earnings growth.
- The stock has returned 18% over both 1 year and 3 years (CAGR), so returns have been steady and not concentrated in one short rally.
- The company is expected to report a good quarter, which would add to the 30% TTM sales growth.
- Over 3 years, profit compounded at only 9% against 13% sales growth, so margins may have come under pressure in the medium term.
- The dividend payout has averaged only 13.3% of profits over the last 3 years, and the dividend yield is 0.11%, so shareholders get very little cash return.
- A P/B of 3.73 for an ROE of 14-15% means an earnings yield of about 3.9% (1/25.4), which leaves little room if growth slows.
- The 3-year stock CAGR of 18% is double the 3-year profit CAGR of 9%, which suggests the valuation multiple has expanded faster than earnings.
- Real estate revenue is recognised in lumpy chunks, as the gap between 30% TTM and 13% 3-year sales growth shows. Recent growth may not last if project completions slow.
- The 10-year average ROE of 12% is modest for a company valued at 3.73 times book, so capital efficiency has historically been average.
- Debt-to-equity and ROCE data are unavailable, so leverage and capital efficiency cannot be checked. This matters in a capital-intensive, interest-rate-sensitive sector.
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Priti Thakur named AVP Customer Service Sep 28
Oberoi Realty appointed Priti Thakur as Assistant Vice President - Customer Service. She has over 25 years of experience in customer experience and digital transformation.
TL;DR: The only recent news for Oberoi Realty is a mid-level leadership hire in customer service. It is operationally routine and unlikely to move the stock. The appointment points to continued investment in customer experience and digital capabilities, but there are no new financial, sales or project updates to judge momentum on. The near-term outlook will depend on upcoming quarterly pre-sales numbers, project launches and broader Mumbai housing demand trends.
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
Frequently Asked Questions about Oberoi Realty
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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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