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Earnings Call

Oberoi Realty Earnings Call: Key Takeaways

Oberoi Realty delivers a blockbuster entry into NCR with '360 North', achieving massive pre-sales that shift the company's volume trajectory.

Highlights
Revenue growthMassive volume-led growth from NCR; 80 billion INR gross bookings achieved.
MarginsVaries by project mix; 43% to 65% range depending on segment.
Order bookAggressive expansion in NCR and upcoming phases in Mumbai/Thane.
Demand visibilityStrong; Gurugram launch saw overwhelming response with customers refusing refunds.
Management confidenceExtremely high following successful Gurugram launch and entry into NCR.

Growth

Growth is volume-led by the Gurugram launch, achieving 80 billion INR in gross bookings almost instantly.

Outlook

Strong FY27/28 visibility with potential annual sales of 100-120 billion INR as NCR phase 2 kicks in.

Risks

Litigation regarding the NCR project and margin dilution from product mix shifts are key monitoring points.

Source

Earnings Call filed with NSE, NSE: OBEROIRLTY. Summary written with AI assistance from the document.

Read the document ↗

Oberoi Realty Ltd: key numbers

Share price
₹1,858.50
Market cap
₹67,575 Cr
Revenue (annual)
₹6,009 Cr
Net profit (annual)
₹2,507 Cr
P/E (TTM)
25.7×Sector 35.8×
Promoter holding
67.70%+0.00% QoQ
FII holding
15.11%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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