Develops and sells premium residential real estate, primarily in the Mumbai Metropolitan Region, with a recent expansion into NCR (Gurugram), selling to homebuyers of luxury apartments. Earns the bulk of revenue from real estate development, with a small hospitality segment. In FY26, the real estate segment generated Rs 5,811.08 crore (96.7% of segment revenue, EBIT Rs 3,365.22 crore) and hospitality generated Rs 197.98 crore (3.3% of segment revenue, EBIT Rs 69.73 crore). The biggest input cost is materials at 50.0% of revenue, with employees at 2.2%, other opex at 4.2%, and depreciation at 2.2%. The Three Sixty North project in Gurugram marked its NCR entry, with gross bookings of approximately Rs 8,109 crore covering 13.52 lakh sq ft of RERA carpet area (23.10 lakh sq ft saleable area) on a 14.8-acre site, with Phase 1 homes ranging from about 5,500 to over 13,000 sq ft priced from Rs 18 crore onwards. The company is concurrently constructing about 18 towers of 60-65 floors. Its annuity portfolio of Commerce 1, 2, 3, Oberoi Mall, and Sky City Mall provides recurring rental income, with Sky City Mall at 82% occupancy in its first year and Commerce 1/2/3 and Oberoi Mall near 100% occupied. The FY27 launch pipeline includes projects at Pali Road, Alibaug, two Thane towers, Adarsh Nagar, and possibly Mulund. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Real estate (97%), Hospitality (3%). Asset-heavy luxury real estate developer with annuity rental income
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 2,694 | 4,193 | 4,496 | 5,286 | 6,009 |
| EBITDA (ex other income) | 1,181 | 2,112 | 2,381 | 3,103 | 3,335 |
| margin % | 43.9 | 50.4 | 53.0 | 58.7 | 55.5 |
| Owners' profit | 1,048 | 1,904 | 1,925 | 2,224 | 2,508 |
| EPS, as reported (₹) | 28.80 | 52.38 | 52.99 | 61.21 | 68.96 |
| ROE % · ROCE % | 10.1 · 9.3 | 15.6 · 14.2 | 13.9 · 15.4 | 14.2 · 16.6 | 14.0 · 16.7 |
| Debt / equity (x) | 0.27 | 0.32 | 0.18 | 0.21 | 0.16 |
| Cash from operations | 1,069 | (2,383) | 2,810 | 2,163 | 1,380 |
| Capex | (29) | (14) | 0 | 0 | (637) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,320 | 1,411 | 1,150 | 988 | 2,767 | 1,493 | 1,750 | 1,301 |
| Profit before tax | 780 | 808 | 577 | 500 | 1,482 | 803 | 974 | 708 |
| Net profit | 589 | 618 | 433 | 421 | 1,182 | 623 | 703 | 544 |
| EPS (₹) | 16.21 | 17.01 | 11.91 | 11.59 | 32.49 | 17.12 | 19.34 | 14.95 |
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Real estate | 6,756 | 96.6 |
| Hospitality | 241 | 3.4 |
| Total, before eliminations | 6,997 | 100.0 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| DLF LIMITED | 1,59,533 | 35.9 | 3.51 | 48.1 | 9.7 | 6.0 | 8.6 | 37.1 |
| LODHA DEVELOPERS LIMITED | 1,11,589 | 27.0 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 3 Sept 2026 · Oberoi Realty retains Leader ESG rating with score of 73 | business updates | medium | — | — |
| 27 Aug 2026 · Oberoi Realty schedules investor meetings for September 2026 | board shareholder meetings | low | — | — |
| 27 Aug 2026 · Oberoi Realty schedules two investor meetings in September 2026 | board shareholder meetings | low | — | — |
| 17 Aug 2026 · Three Sixty North: DTCP rejects AIPL plea, allotment ban lifted | regulatory legal | high | — | — |
| 10 Aug 2026 · Schedule of analyst and investor meetings disclosed | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Oberoi Realty schedules analyst meets on Aug 13 and Aug 17 | board shareholder meetings | low | — | — |
| 10 Aug 2026 · Oberoi Realty appoints Pralayesh Malakar as AVP Property Management | management changes | medium | — | — |
| 6 Aug 2026 · Oberoi Realty gets ESG rating of 69.5, up from 68.8 | credit debt | low | — | — |
| 3 Aug 2026 · Oberoi Realty appoints Sandeep Sant as Chief Operating Officer - Central Projects | management changes | medium | — | — |
| 29 Jul 2026 · Oberoi Realty signs Development Agreement for Malabar Hill land | strategic transactions | high | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| 4.76 |
| 22.1 |
| 14.6 |
| 15.7 |
| 25.1 |
| 40.5 |
| THE PHOENIX MILLS LTD | 67,594 | 52.8 | 4.73 | 26.2 | 10.9 | 9.9 | 32.7 | 63.4 |
| PRESTIGE ESTATE LTD | 64,519 | 56.6 | 3.85 | 18.5 | 7.8 | 6.8 | 11.8 | 38.1 |
| OBEROI REALTY LIMITED ◆ | 63,306 | 20.8 | 3.53 | 18.2 | 14.0 | 15.5 | 24.0 | 61.1 |
| GODREJ PROPERTIES LTD | 52,653 | 32.9 | 2.72 | 23.7 | 9.5 | 11.4 | 46.3 | 107.7 |
| ANANT RAJ LIMITED | 21,490 | 36.2 | 3.69 | 29.3 | 9.6 | 10.2 | 58.7 | 32.1 |
| BRIGADE ENTER. LTD | 20,941 | 24.4 | 2.78 | 15.7 | 9.6 | 6.8 | 23.9 | 41.9 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 20.8 | 21.8 | 26 of 57 | 55% |
| P/B | 3.5 | 2.1 | 51 of 64 | 21% |
| ROCE | 15.5 | 6.8 | 16 of 67 | 77% |
| ROE | 14.0 | 8.2 | 14 of 67 | 80% |
| Debt / Equity | 0.2 | 0.4 | 24 of 67 | 65% |
| EBITDA margin | 61.1 | 29.6 | 5 of 66 | 94% |
| Revenue growth | 31.7 | 12.8 | 26 of 67 | 62% |
| Profit growth | 29.0 | 7.5 | 24 of 66 | 65% |
| Market cap | 63306 | 2250 | 5 of 67 | 94% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
