Oberoi Realty

₹1409.4 19.5 | 1.4%

WEBSITE BSE:533273 NSE : OBEROI REAL 28 Nov, 16:01

Market Cap ₹51246 Cr.

Stock P/E 26.1

P/B 4

Current Price ₹1409.4

Book Value ₹ 353.2

Face Value 10

52W High ₹1420

Dividend Yield 0.28%

52W Low ₹ 790.1

Edit Ratio

Oberoi Realty Research see more...

Overview Inc. Year: 1998Industry: Construction - Real Estate

Oberoi Realty Ltd is engaged in construction and real estate development, and hospitality. The Company's segments encompass Real property and Hospitality. The Company is involved within the development of approximately 40 tasks that aggregates over 9.18 million sq ft of space. It handles residential, industrial, retail, social infrastructure and hospitality tasks. Its residential projects comprises Oberoi Splendor, Oberoi Splendor Grande, Prisma via Oberoi Realty, Oberoi Sky Gardens, Oberoi Sky Heights, Oberoi Springs, Esquire by Oberoi Realty, Exquisite by Oberoi Realty, Oberoi Seven, Oberoi Woods, Beachwood House, Oberoi Gardens, Oberoi Parkview, Eternia & Enigma by means of Oberoi Realty, Privieria through Oberoi Realty and Three Sixty West. Its business tasks include Oberoi Chambers, Commerz and Commerz II. Its retail task includes Oberoi Mall. Its social infrastructure undertaking consists of Oberoi International School. Its hospitality venture consists of The Westin Mumbai Garden City.

Oberoi Realty Share Price

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Peer Comparison

Oberoi Realty Quarterly Results

#(Fig in Cr.)	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Net Sales	284	754	832	823	913	689	1629	961	910	1217
Other Income	11	14	14	19	22	23	22	34	24	26
Total Income	295	769	846	843	935	712	1652	995	934	1244
Total Expenditure	159	381	500	472	421	378	689	593	436	579
Operating Profit	135	387	346	371	514	334	962	402	497	665
Interest	17	17	20	32	33	36	38	62	62	56
Depreciation	10	10	10	10	10	10	10	10	11	11
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	108	360	316	330	471	287	914	331	424	597
Provision for Tax	29	95	84	98	114	69	226	-90	105	142
Profit After Tax	79	265	232	232	358	218	688	420	320	455
Adjustments	2	2	235	1	45	101	14	60	2	2
Profit After Adjustments	81	267	468	232	403	319	703	480	322	457
Adjusted Earnings Per Share	2.2	7.3	12.9	6.4	11.1	8.8	19.3	13.2	8.8	12.6

Oberoi Realty Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	1048	798	923	1416	1114	1265	2582	2238	2053	2694	4193	4717
Other Income	109	65	54	76	58	27	79	48	38	58	101	106
Total Income	1156	863	977	1492	1171	1292	2661	2286	2091	2752	4293	4825
Total Expenditure	444	372	445	773	554	590	1427	1190	1052	1513	2081	2297
Operating Profit	712	492	531	719	617	702	1234	1096	1038	1240	2212	2526
Interest	0	0	2	7	6	7	19	88	76	86	169	218
Depreciation	29	27	40	49	49	49	44	45	41	40	40	42
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	683	464	489	663	562	646	1171	963	924	1354	2224	2266
Provision for Tax	178	153	172	229	187	191	361	280	185	306	319	383
Profit After Tax	505	311	317	434	375	455	810	683	739	1047	1905	1883
Adjustments	0	0	0	2	3	4	7	6	0	0	0	78
Profit After Adjustments	505	311	317	436	379	459	817	689	739	1047	1905	1962
Adjusted Earnings Per Share	15.4	9.5	9.7	12.8	11.2	13.5	22.5	19	20.3	28.8	52.4	53.9

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	56%	23%	27%	15%
Operating Profit CAGR	78%	26%	26%	12%
PAT CAGR	82%	41%	33%	14%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	56%	43%	28%	22%
ROE Average	17%	12%	11%	10%
ROCE Average	16%	13%	12%	12%

Oberoi Realty Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	4162	4396	4634	5341	5726	6092	8029	8629	9369	10416	12210
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	75	730	349	749	679	589	0	359	2165	2881
Other Non-Current Liabilities	67	111	110	-48	-20	7	70	116	154	238	54
Total Current Liabilities	1059	905	1646	1738	1904	3301	2306	2383	2084	2844	3288
Total Liabilities	5289	5487	7120	7381	8360	10079	10994	11128	11966	15663	18433
Fixed Assets	952	931	1280	977	945	976	1062	1046	209	200	197
Other Non-Current Assets	1631	1675	1275	1566	1860	2669	2946	3236	4992	6555	5779
Total Current Assets	2706	2880	4565	4838	5554	6433	6986	6846	6765	8909	12456
Total Assets	5289	5487	7120	7381	8360	10079	10994	11128	11966	15663	18433

Oberoi Realty Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1064	298	494	158	286	236	93	431	198	187	1008
Cash Flow from Operating Activities	142	-517	-938	453	174	-202	146	-282	696	1069	-2383
Cash Flow from Investing Activities	-833	715	-88	-121	-559	-592	-646	358	-591	-1390	1136
Cash Flow from Financing Activities	-76	-1	694	-204	335	651	839	-309	-116	1142	709
Net Cash Inflow / Outflow	-767	197	-333	128	-50	-143	339	-233	-11	821	-539
Closing Cash & Cash Equivalent	298	494	162	286	236	93	431	198	187	1008	470

Oberoi Realty Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	15.38	9.48	9.66	12.84	11.15	13.51	22.47	18.96	20.33	28.8	52.38
CEPS(Rs)	16.25	10.31	10.89	14.23	12.52	14.85	23.49	20.03	21.47	29.89	53.47
DPS(Rs)	2	2	2	2	2	2	2	0	0	3	4
Book NAV/Share(Rs)	126.8	133.94	141.19	157.41	168.64	179.4	220.82	237.33	257.68	286.47	335.81
Core EBITDA Margin(%)	57.57	53.46	51.74	45.39	50.24	53.36	44.74	46.83	48.74	43.85	50.37
EBIT Margin(%)	65.24	58.2	53.21	47.32	50.99	51.58	46.08	46.99	48.74	53.44	57.08
Pre Tax Margin(%)	65.2	58.16	53.02	46.83	50.49	51.04	45.33	43.04	45.04	50.24	53.04
PAT Margin (%)	48.19	38.96	34.37	30.64	33.71	35.97	31.37	30.54	36.02	38.87	45.43
Cash Profit Margin (%)	50.91	42.36	38.74	34.1	38.15	39.85	33.07	32.55	38.02	40.34	46.37
ROA(%)	10.02	5.77	5.03	5.99	4.77	4.94	7.69	6.18	6.4	7.58	11.17
ROE(%)	12.79	7.27	7.02	8.7	6.78	7.7	11.47	8.21	8.21	10.58	16.83
ROCE(%)	17.31	10.76	9.81	11.81	9.15	9.08	13.68	10.64	9.51	11.91	16.26
Receivable days	20.93	31.64	33.43	25.14	35.73	41.38	20.53	18.32	21.63	17.11	53.23
Inventory Days	394.48	661.45	1014.87	879.03	1164.34	1155.65	594.47	773.41	887.34	657.03	591.09
Payable days	-156.69	-60.91	-38.21	809.15	-51.6	-71.19	-491.38	-827.67	154.65	203.39	579.27
PER(x)	16.71	22.87	29.32	18.83	32.99	37.64	23.47	17.63	28.3	32.62	16.09
Price/Book(x)	2.03	1.62	2.01	1.54	2.18	2.83	2.39	1.41	2.23	3.28	2.51
Dividend Yield(%)	0.78	0.92	0.71	0.83	0.54	0.39	0.38	0	0	0.32	0.47
EV/Net Sales(x)	7.03	8.38	10.74	5.91	11.69	14.89	7.87	6.06	10.88	13.63	8.13
EV/Core EBITDA(x)	10.34	13.6	18.65	11.63	21.08	26.85	16.48	12.37	21.5	29.61	15.41
Net Sales Growth(%)	27.03	-23.78	15.56	53.47	-21.36	13.63	104.09	-13.35	-8.27	31.25	55.63
EBIT Growth(%)	12.74	-32.01	5.66	36.48	-15.25	14.95	82.31	-11.65	-4.85	43.89	66.22
PAT Growth(%)	9.06	-38.38	1.95	36.84	-13.48	21.24	77.96	-15.63	8.18	41.64	81.89
EPS Growth(%)	9.06	-38.38	1.95	32.87	-13.14	21.16	66.3	-15.62	7.25	41.64	81.89
Debt/Equity(x)	0	0.02	0.19	0.09	0.15	0.28	0.2	0.18	0.16	0.27	0.32
Current Ratio(x)	2.55	3.18	2.77	2.78	2.92	1.95	3.03	2.87	3.25	3.13	3.79
Quick Ratio(x)	1.38	1.36	0.66	0.86	0.94	0.66	1.22	0.64	1.01	1.36	1.19
Interest Cover(x)	1868.31	1487.01	278.59	98.07	101.91	95.1	61.47	11.88	13.16	16.73	14.15
Total Debt/Mcap(x)	0	0.01	0.1	0.06	0.07	0.1	0.08	0.12	0.07	0.08	0.13

Oberoi Realty Shareholding Pattern

#	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Promoter	67.7	67.7	67.7	67.7	67.7	67.7	67.7	67.7	67.7	67.7
FII	23.49	22.21	20.49	20.26	19.42	18.02	17.33	17.76	18.16	17.83
DII	6	7.32	8.7	9.1	9.99	11.78	12.46	12.1	11.32	11.62
Public	2.8	2.76	3.1	2.94	2.88	2.5	2.51	2.43	2.81	2.85
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Promoter	24.62	24.62	24.62	24.62	24.62	24.62	24.62	24.62	24.62	24.62
FII	8.54	8.08	7.45	7.37	7.06	6.55	6.3	6.46	6.6	6.48
DII	2.18	2.66	3.16	3.31	3.63	4.28	4.53	4.4	4.12	4.23
Public	1.02	1	1.13	1.07	1.05	0.91	0.91	0.88	1.02	1.03
Others	0	0	0	0	0	0	0	0	0	0
Total	36.36	36.36	36.36	36.36	36.36	36.36	36.36	36.36	36.36	36.36

Pros

Company has delivered good profit growth of 33% CAGR over last 5 years
Company is almost debt free.

Cons

Company has a low return on equity of 12% over the last 3 years.
Debtor days have increased from 203.39 to 579.27days.
Stock is trading at 4 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.