Oberoi Realty Q4 Results: Net Profit Plunges 45% YoY to ₹433 Cr Due to Higher Land Costs; ₹2 Dividend Announced
Business and Industry Overview:
Oberoi Realty Ltd is a major real estate company based in Mumbai, India. It started in 1998 and has become well-known for developing high-quality buildings. The company works on residential, commercial, retail, and hotel projects. Oberoi Realty has completed over 50 projects. These include luxury homes, office buildings, shopping malls, and hotels. Some well-known residential projects are Oberoi Splendor and Oberoi Sky Gardens. On the commercial side, they have the Commerz office buildings. They also own The Westin Mumbai Garden City hotel. The company has had strong financial results. As of March 2025, it has a market value of about ₹60,242 crore. In FY25, Oberoi Realty made ₹5,474 crore in revenue and ₹2,224 crore in profit. Oberoi Realty is known for its focus on quality and creating value for customers. It keeps growing by adding new luxury projects and buying land in important areas. With a strong reputation, Oberoi Realty is a top name in India’s real estate market.
Latest Stock News:
On April 29, 2025, Oberoi Realty’s stock fell by about 2.8%, closing at ₹1,610 on the National Stock Exchange (NSE). This drop happened after the company announced its Q4 FY25 financial results, which showed a 45% decline in its net profit. The net profit for January-March 2025 was ₹433.17 crore, down from ₹788.03 crore in the same period last year. The company’s revenue also fell by 12.5%, from ₹1,315 crore in Q4 FY24 to ₹1,150 crore in Q4 FY25. This decline in profits and revenue was mainly due to slower sales and higher costs for acquiring land. Even with the lower profits, Oberoi Realty declared a fourth interim dividend of ₹2 per share. The dividend is 20% of the share’s face value, and the record date for it is May 5, 2025. The company will start paying the dividend on May 26, 2025. The stock drop on April 29 shows that investors are worried about the company’s future after the poor results. However, Oberoi Realty has done well over the past few years, and its stock has usually performed better than the Sensex. Investors will likely watch how the company does with its upcoming projects to see if it can recover.
Segmental information:
- Residential:
This is one of the biggest areas for Oberoi Realty. They build luxury apartments, villas, and townships. Some of their popular residential projects are Oberoi Splendor, Oberoi Sky Gardens, and Oberoi Exquisite. These projects are in important areas of Mumbai. The residential segment brings in a lot of the company’s revenue.
- Commercial:
Oberoi Realty also builds office spaces. Some of their known commercial projects are Oberoi Commerz and Oberoi Chambers. These offices are rented out to small businesses and big companies. The commercial segment also brings in a lot of money for the company.
- Retail:
In the retail area, Oberoi Realty has shopping malls and retail spaces. They built Oberoi Mall in Goregaon, Mumbai, which has many national and international brands. This helps the company diversify and get more income.
- Hospitality:
Oberoi Realty also owns hotels. Their hotel portfolio includes The Westin Mumbai Garden City, a luxury hotel. This segment is growing and adds to the company’s total revenue.
Subsidiary information:
- Oberoi Mall Ltd – Manages Oberoi Mall in Mumbai.
- Oberoi Constructions Ltd – Focuses on building homes and real estate.
- Incline Realty Pvt Ltd – Works in real estate development.
- I-Ven Realty Ltd – Also involved in building homes and real estate.
- Kingston Property Services Ltd – Provides real estate services.
- Siddhivinayak Realties Pvt Ltd – Focuses on real estate development.
- Evenstar Realty Pvt Ltd – Works in real estate development.
- Sight Realty Pvt Ltd – Involved in real estate projects.
- Perspective Realty Pvt Ltd – Works on real estate development.
- Integrus Realty Pvt Ltd – Provides construction and engineering services.
- Pinnacle Aviation Pvt Ltd – Works in the airline industry.
- Astir Realty LLP – Focuses on real estate development.
- D.M. Harish & Co. – Provides business services.
- Oberoi International School – Operates as an educational institution.
- Oberoi Foundation – Focuses on social work and charity.
- Freight Connection India Pvt Ltd – Works in shipping services.
- Envision Realty Pvt Ltd – Engaged in real estate development.
- Emaar India Ltd – Works on real estate projects.
- Buoyant Realty LLP – Focuses on real estate development.
- Panoramic Beach Properties Pvt Ltd – Works in real estate development.
- Triumph Realtors India Pvt Ltd – Engaged in real estate development.
- Kingston Hospitality & Developers Pvt Ltd – Works in both hospitality and real estate.
- Myspace Developers Pvt Ltd – Focuses on real estate development.
- Expressions Realty Pvt Ltd – Involved in real estate development.
- Oberoi Consultancy Services Pvt Ltd – Provides consultancy services.
- Oberoi Estates Pvt Ltd – Focuses on real estate projects.
- Beachwood Properties Pvt Ltd – Engaged in real estate development.
- Active Relations – Works in real estate development.
Q4 Highlights:
- Oberoi Realty’s net profit in Q4 FY25 fell by 45% to ₹433 crore, compared to ₹788 crore last year.
- Revenue dropped 12.5%, from ₹1,314 crore to ₹1,150 crore.
- Land acquisition costs increased by 207%, reaching ₹587 crore from ₹191 crore last year.
- The company announced a dividend of ₹2 per share for the fourth quarter.
- Oberoi Realty’s stock rose 2.82% to ₹1,655.65 on April 28, 2025.
- In the last five years, the stock gave 380% returns but fell 27.34% in 2025.
Financial Summary:
Amount in ₹ Crore | Q4 FY24 | Q4 FY25 | FY24 | FY25 |
Revenue | 1,315 | 1,150 | 4,496 | 5,286 |
Expenses | 526 | 532 | 2,066 | 2,183 |
EBITDA | 789 | 618 | 2,430 | 3,103 |
OPM | 60% | 54% | 54% | 59% |
Other Income | 247 | 63 | 312 | 196 |
Net Profit | 788.00 | 433 | 1,927 | 2,226 |
NPM | 59.92 | 37.65 | 42.86 | 42.11 |
EPS | 21.67 | 11.91 | 52.99 | 61.21 |