Oberoi Realty Ltd - Stock Valuation and Financial Performance

BSE: 533273 | NSE: OBEROIRLTY | Construction - Real Estate | Mid Cap

Oberoi Realty Share Price

1,697.20 -18.00 -1.05%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Oberoi Realty

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Oberoi Realty stock performance -

mw4me loader
P/E Ratio (SA):
41.77
Market Cap:
61,710.6 Cr.
52-wk low:
1,024.6
52-wk high:
1,952.3

Is Oberoi Realty Ltd an attractive stock to invest in?

1. Is Oberoi Realty Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Oberoi Realty Ltd is a below average quality company.

2. Is Oberoi Realty Ltd undervalued or overvalued?

The key valuation ratios of Oberoi Realty Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Oberoi Realty Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Oberoi Realty Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Oberoi Realty:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Oberoi Realty Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 10.5%14.3%7.9%8.8%7.6%4.6%5.8%4.9%20.1%9.7%-
Value Creation
Index
-0.20.1-0.4-0.4-0.4-0.7-0.5-0.60.8-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6991,1838919741,0296208501,0123,2403,3023,302
Sales YoY Gr.-69.2%-24.7%9.4%5.6%-39.8%37.1%19.2%220%1.9%-
Adj EPS 9.314.69.412.312.48.711.410.363.636.840.6
YoY Gr.-57.8%-35.9%30.9%0.7%-30.1%31.9%-9.7%517.3%-42.2%-
BVPS (₹) 90.5111.5121.1131.4166172.6184.1194.6325.3357.9357.9
Adj Net
Profit
3054973194174503154153752,3141,3381,477
Cash Flow from Ops. 232349-58.4-336393-248519700-3,1231,615-
Debt/CF from Ops. 0.60.3-1.7-2.61.7-3.91.52.5-1.11.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18.8%26.3%57.2%1.9%
Adj EPS 16.5%24.3%47.7%-42.2%
BVPS16.5%16.6%24.8%10%
Share Price 21.3% 25% 34.3% 64.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
10.714.78.19.78.65.16.45.524.510.811.4
Op. Profit
Mgn %
56.147.251.653.854.654.558.348.652.456.156.2
Net Profit
Mgn %
43.64235.842.843.850.848.93771.440.544.7
Debt to
Equity
0000.20.10.20.10.20.30.20.2
Working Cap
Days
1,2358991,2141,3341,6803,3202,6302,4101,1021,374632
Cash Conv.
Cycle
503287382390387845801591664816448

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 57.22%

Net Profit is growing at healthy rate in last 3 years 47.69%

Sales growth is good in last 4 quarters at 104.04%

Return on Equity has declined versus last 3 years average to 11.40%

Latest Financials - Oberoi Realty Ltd.

Standalone Consolidated
TTM EPS (₹) 40.6 53
TTM Sales (₹ Cr.) 3,302 4,496
BVPS (₹.) 357.9 380.8
Reserves (₹ Cr.) 12,648 13,481
P/BV 4.74 4.46
PE 41.77 32.03
From the Market
52 Week Low / High (₹) 1024.55 / 1952.30
All Time Low / High (₹) 154.00 / 1952.30
Market Cap (₹ Cr.) 61,711
Equity (₹ Cr.) 363.6
Face Value (₹) 10
Industry PE 86.9

Management X-Ray of Oberoi Realty:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Oberoi Realty

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales6991,1838919741,0296208501,0123,2403,302
Operating Expenses 3076254314504672823555211,5411,479
Manufacturing Costs2462733373472572201231611,198580
Material Costs-89200-85-5124-114108611433
Employee Cost 48495658625540477093
Other Costs 1021031249712412284253272373
Operating Profit 3935584595245613374954911,6991,823
Operating Profit Margin (%) 56.1%47.2%51.6%53.8%54.6%54.5%58.3%48.5%52.4%55.2%
Other Income 681686110913012451621,221318
Interest 032315121129154207
Depreciation 34424240323127264047
Exceptional Items 0000000000
Profit Before Tax 4276814765916454195094982,7261,886
Tax 12218315517419110492117394409
Profit After Tax 3054983214174543154173822,3331,477
PAT Margin (%) 43.6%42.0%36.0%42.8%44.1%50.8%49.0%37.7%72.0%44.7%
Adjusted EPS (₹)9.314.79.412.312.58.711.510.564.240.6
Dividend Payout Ratio (%)22%14%21%0%16%0%0%29%6%20%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2,9693,7834,1104,4626,0366,2766,6937,07411,82613,011
Share Capital 328339340340364364364364364364
Reserves 2,6413,4443,7714,1225,6725,9136,3296,71111,46312,648
Minority Interest0000000000
Debt1271091008756719633231,6972,9972,098
Long Term Debt0006795890271,6622,6882,074
Short Term Debt127109100196829632963530925
Trade Payables26332851482812367123453
Others Liabilities 1,0716684264173133298511,4092,3602,523
Total Liabilities 4,1944,5934,6645,8057,0697,5967,99010,24817,30618,086

Fixed Assets

Gross Block1,010261266268270296309311330363
Accumulated Depreciation1262448708498108118134145
Net Fixed Assets884237218199186198201193196218
CWIP 6117725643011,1892,8301,240
Investments 3896446967757387406831,027666765
Inventories1,0339031,0551,1141,1002,1691,9702,4998,2599,187
Trade Receivables28392780241858571,073118
Cash Equivalents 8789219482774429199419616
Others Assets1,7672,6702,4423,5824,7184,3634,7495,0843,8635,942
Total Assets 4,1944,5934,6645,8057,0697,5967,99010,24817,30618,086

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 232349-58-336393-248519700-3,1231,615
PBT 4276814765916454195094982,7261,886
Adjustment -28-121-14-67-83-81-12-6-1,027-33
Changes in Working Capital -44-31-372-68317-507146352-4435111
Tax Paid -122-179-148-178-185-80-124-145-388-349
Cash Flow From Investing Activity -544-54985-373-1,228120-241-1,2152,365161
Capex 42-15-5-6-23-75-162-817-438-468
Net Investments -6-5-52-77422562-243,14368
Others -581-528142-290-1,248170-142-375-341561
Cash Flow From Financing Activity 60174-3690840136-266854779-1,641
Net Proceeds from Shares 0326621,18300000
Net Proceeds from Borrowing 000685-910346401,224-216
Interest Paid 000-26-69-84-81-71-221-265
Dividend Paid -67-1340-68-68-7300-109-291
Others 127-18-997-115293-219286-115-869
Net Cash Flow -252-2623-20581233920135
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.6914.748.129.738.645.116.425.5524.6811.9
ROCE (%)14.6419.5811.8112.4310.956.187.066.4923.8913.63
Asset Turnover Ratio0.180.270.190.190.160.080.110.110.240.19
PAT to CFO Conversion(x)0.760.7-0.18-0.810.87-0.791.241.83-1.341.09
Working Capital Days
Receivable Days23101420181216216466
Inventory Days498299401406393963889806606964
Payable Days-8954-133-282753-1212545740243

Oberoi Realty Ltd Stock News

Oberoi Realty Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Oberoi Realty on 12-Jul-2024 16:01 is ₹1,697.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Jul-2024 16:01 the market cap of Oberoi Realty stood at ₹61,710.6.
The latest P/E ratio of Oberoi Realty as of 12-Jul-2024 16:01 is 41.77.
The latest P/B ratio of Oberoi Realty as of 12-Jul-2024 16:01 is 4.74.
The 52-week high of Oberoi Realty is ₹1,952.3 and the 52-week low is ₹1,024.6.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Oberoi Realty is ₹3,302 ( Cr.) .

About Oberoi Realty Ltd

Oberoi Realty was incorporated as Kingston Properties Private Limited on May 8, 1998 under the Companies Act, 1956 in Mumbai. The name of the company was changed to Oberoi Realty Private Limited on October 23, 2009. The company was converted into a public limited company on December 14, 2009 and consequently, the name was changed to Oberoi Realty Limited.
Oberoi Realty Limited is a public limited company incorporated in India under provisions of the Companies Act applicable in India. The company is headquartered in Mumbai, India. The shares of the company are listed on the Bombay Stock Exchange Limited and National Stock Exchange of India Limited.

The company is a real estate development company, focused on premium developments. The company has established a strong brand and a successful track record in the real estate industry by developing innovative projects through its emphasis on contemporary architecture, strong project execution and quality construction. While its focus is on residential projects, it has a diversified portfolio of projects covering key segments of the real estate market, which target the upper end of the respective income or market segment. It develops residential, office space, retail, hospitality and social infrastructure projects in mixed-use and single-segment developments.

Business area of the company

Oberoi Realty is engaged in construction and real estate development, and hospitality. The company’s segments include Real estate and Hospitality.

Products of the company

  • Residential
  • Commercial
  • Retail
  • Social Infrastructure
  • Hospitality

Awards & Accolades

2000

  • Young Achiever of the Year Award for Real Estate Development.

2005

  • Young President's Organisation.

2007

  • Glory of Mumbai 2007.
  • India's Top 15 Builders by Construction World Top Architects & Builders.

2008

  • Bronze Safety Award - Construction Sector by National Safety Council.
  • Award for Outstanding pre-stressed concrete structure (2007-08) by Indian Concrete Institute.

2009

  • Asia Shopping Centre Finalist 2009 by The International Council of Shopping Centre.
  • Most Admired Retailer of the year (Mall) 
  • Most Admired Shopping Centre Developer of the year (Oberoi Realty).
  • Most Admired Shopping Centre of the year (Metros).
  • Most Admired Shopping Centre of the year (Marketing & Consumer promotions).
  • Excellence Award for Best Real Estate Developer 
  • Real Estate Company of the Year.

2010

  • Best Retail Marketing Campaign - Toon Town.
  • Most admired Shopping Centre of the Year – Metros.
  • India's Top 10 Builders.
  • Outstanding Contribution in Real Estate Sector (Residential).
  • Real Estate Company of the Year.

2011

  • Best Business Hotel for Women Travellers’ Travel & Leisure India’s Best 2011.
  • Outstanding Entre- preneurship Award.
  • Best Retail Marketing Campaign! - Mickey's Magical Diwali.
  • Best Commercial Property by Construction Week India 
  • Top 25 Best Shopping Mall 2011 by Franchise India.
  • Shopping Malls & Arcades by VM & RD Retail Design.

2012

  • Largest Vending Machine at Oberoi Mall - Hot Wheelz Vending Machine.
  • Emerging Markets - Accounting and Financial Category.
  • Best Health and Well - Being Strategy.
  • Managing health at Work.
  • Best Upcoming Luxury Residential Project in Mumbai.
  • Residential Project of the Year - West India category.
  • Best Investor Relations Practice.
  • Highly Commended Commercial High Rise Development India.
  • Best Retail Marketing Campaign!- 50 50 .
  • Best Mixed use Project of the Year.
  • India's Top 10 (Young) Builders.

2013

  • Best 50% Complete Residential Project under Luxury Segment in MMR .
  • Red Carpet Customer - Best Customer Engagement Program.
  • Highly Commended Landscape Architecture (India).
  • Integrated Township of the Year .
  • Managing Health at Work’ at National Level.
  • Best Retail Marketing Campaign! - Blue and White Xmas.
  • India's Best Existing Neighborhood Shopping Mall 2013-14.

2014

  • The High Rise Project of the Year.
  • Best Retail Marketing Campaign! - Battle Zone (FIFA).
  • All Day Dining venue Seasonal Tastes received the award.

2015

  • Most Admired Green Shopping Centre of the Year - Green Building.
  • Most Admired Marketing Campaign of the year - Battle Zone (FIFA).
  • Most Admired Green Shopping Centre of the Year - Green Building.
  • Natures Forever' for its contribution towards saving sparrows - World Sparrow Day.
  • Most Admired Marketing Campaign of the year and Most Admired Green Shopping Centre of the year.
  • Luxury Project of the Year.
  • Special Recognition Award for Innovation in Design.
  • Oberoi Realty amongst the Top 10 Brands of Mumbai Hot 50.
  • Most Admired Loyalty Program of the Year.
  • Retail Excellence by Asia Retail Congress 2015.
  • Contribution in the growth of the Real Estate Sector in Mumbai by The Economic Times Realty Convention.

2016

  • Iconic Residential Project - Western Mumbai.
  • Oberoi Realty adjudged as the ‘Times Realty Icon’ in the commercial segment.
  • Most Aspiring Real Estate Brand - India.
  • Best Residential High-Rise Architecture Brand - India.
  • Most Admired Shopping Centre of the Year- Marketing & Promotions - Light up Luck.
  • Natures Forever' for its contribution towards saving sparrows - World Sparrow Day.
  • Best Residential Luxury Project of the Year.
  • Digital Marketer of the Year.

2017

  • India’s Top Builders of 2017.
  • Real Estate company of the Year.
  • Excellence in Township Development.
  • Real Estate and Infrastructure.
  • The Best Loyalty Program in Real Estate Sector.

2018

  • Shopping Centre of the year - Retailer's Choice.
  • Best mall partner - Doraemon Event.
  • Best mall partner- Despicable me & Jurassic World.
  • Most Number of Mall Events.
  • Next Gen Icon award.
  • Integrated property development of the year - Western India.
  • Best Thematic Decoration - Jingle All The Way to Switzerland.
  • Most Admired Green Shopping Mall of the Year.
  • Health & Safety Award

2019

  • Residential Project of the Year.
  • Maharashtra Best Employer Brand Awards.
  • 'Best Investor Relations Team' (Mid Cap).
  • Recognised for 'Construction Health, Safety and Environment'.
  • Recognised for achieving new standards in Construction Health, Safety and Environment .
  • Conferred and honored for 'Outstanding Contribution towards Real Estate Industry'.
  • Recognition for contribution in the development of gated communities in India.
  • Best maintained Podium Garden above 5000 sq. ft.
  • Most Admired Shopping Centre of the Year-Retailers Choice.

2020

  • Excellence in Innovation and Technology.
  • Excellence in Safety and Security.

Milestones

  • February 20, 2002: Acquisition of land at Goregaon, Mumbai from Ciba Specialty Chemicals (India). Acquisition of land at Goregaon, Mumbai from Novartis India Limited at Goregaon, Mumbai
  • April 8, 2003: OMPL became a 100% subsidiary of the company
  • February 10, 2005: Acquisition of development rights at Andheri (West), Mumbai from Excel Industries and Shroff Family Charitable Trust for development of property
  • March 31, 2005: Master Asset Purchase Agreement entered into between Tulip Hospitality Services, Tulip Hotels Private, Ajit Kerkar and SRPL for acquisition of Hotel Tulip Star at Juhu, Mumbai from Tulip Hospitality Services
  • September 26, 2005: Acquisition of land at Mulund, Mumbai from GlaxoSmithKline Pharmaceuticals
  • October 18, 2005: Acquisition of land at Andheri (East), Mumbai from Madhu Fantasy Land and Avinash Bhosale
  • December 21, 2006: OCPL became 100% subsidiary of the company
  • January 14, 2007: Investment in the company by SSIII by a fresh issue of 279,777 equity shares and 783 preference shares for Rs 5,967 million and Rs 783 million, respectively aggregating an investment of Rs 6,750 million
  • January 2, 2008: Hotel operating services agreement entered into between the company and Starwood Asia Pacific Hotels & Resort Pte for operating The Westin Mumbai - Garden City hotel at Goregaon (East), Mumbai
  • September 23, 2009: Joint Venture agreement entered into between the company, Skylark Build and Shree Vrunda Enterprises for the development of the free-sale component under slum rehabilitation scheme at Annie Besant Road, Worli, Mumbai
  • 2010: Vikas Oberoi wins the ‘The true entrepreneur of the year’ award
  • 2010: Oberoi Realty launches Oberoi Splendor Grande at MCHI
  • 2011: Oberoi Realty signs Samsung C&T for its iconic South Mumbai project
  • 2012: Oberoi Realty bags awards for residential developments
  • 2012: Oberoi Realty wins master brand 2012 status by CMO council & CMO asia & asian confederation of business
  • 2012: Oberoi Realty wins prestigious international property awards-asia pacific
  • 2013: Oberoi Exquisite awarded as the ‘Best 50% Complete Residential Project under Luxury Segment in MMR’ by ‘CNBC AWAAZ Real Estate Awards 2013’
  • 2013: 'Oberoi Garden City’ Awarded as the ‘Integrated Township of the year’.
  • 2020: Invesco Global Small and Midcap Growth Fund has acquired 50,24,217 equity shares of Oberoi Realty through open market transaction on March 17.
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