Oberoi Realty Stock Rallies 7% on Strong Q1FY25 Performance; Profit Soars 82%

Introduction:

Shares of Oberoi Realty surged by as much as 6.50% on Monday, July 22, reaching an intraday high of Rs 1,780 per share. This significant rise in stock price follows the Mumbai-based real estate developer’s impressive financial performance in the first quarter of the financial year 2025 (Q1FY25).

Financial Highlights

Oberoi Realty’s profit for Q1FY25 soared by 82% year-on-year (YoY) to Rs 584.5 crore, compared to Rs 321.6 crore in the same period last year (Q1FY24). The company’s revenue from operations also showed robust growth, climbing 54.4% YoY to Rs 1,405.2 crore from Rs 910 crore in Q1FY24.

The earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased by 72% to Rs 815 crore in Q1FY25, up from Rs 473.7 crore in the corresponding quarter of the previous fiscal year. This growth resulted in an EBITDA margin of 58% for Q1FY25, compared to 52% in Q1FY24.

Oberoi Realty Soars: Unveiling Q1FY25’s Impressive Financial Triumph:

Management Commentary

Vikas Oberoi, Chairman and Managing Director of Oberoi Realty, expressed satisfaction with the quarterly results, attributing the success to strong demand in the luxury real estate market. He stated, We are pleased to announce another successful quarter, driven by healthy demand in the luxury real estate market with homeowners constantly looking to elevate their lifestyles.

Oberoi Realty will continue to stand true to providing customers with aesthetically designed luxurious homes and a sustainable lifestyle complete with world class amenities. We are gearing up for new project and tower launches, scaling up our annuity assets and strategic land acquisitions. We are committed to achieving sustainable growth, with a focus on creating lasting value for all our stakeholders.

Dividend Announcement

Oberoi Realty has set August 1, 2024, as the record date for the payment of an interim dividend, which will be disbursed starting from August 12, 2024.

Company Overview

Oberoi Realty is a prominent real estate development company headquartered in Mumbai. It operates under the Oberoi Realty Group, focusing on developments in residential, office space, retail, hospitality, and social infrastructure sectors. The company’s market capitalisation stands at Rs 63,812.19 crore, as per the Bombay Stock Exchange (BSE), and it falls under the BSE 200 category.

Oberoi Realty’s Q1FY25: A Landmark Quarter of Growth and Success:

Analysis:

The remarkable financial performance of Oberoi Realty in Q1FY25 reflects the company’s strong positioning in the luxury real estate market. The substantial growth in profit, revenue, and EBITDA underscores the company’s ability to capitalise on market demand and deliver value to its stakeholders. The announcement of the interim dividend further indicates the company’s confidence in its financial health and future prospects.

The strategic focus on new project launches, scaling annuity assets, and land acquisitions positions Oberoi Realty for sustained growth. As the luxury real estate market continues to thrive, Oberoi Realty’s commitment to quality and innovation will likely drive its future success. Investors have responded positively to the robust quarterly results, as evidenced by the surge in the company’s stock price.

Conclusion:

Oberoi Realty’s impressive Q1FY25 performance showcases its resilience and strategic acumen in the competitive real estate sector. With a clear vision for growth and a commitment to excellence,

the company is well-positioned to continue delivering strong results and creating value for its stakeholders.

Frequently Asked Questions FAQ:

1. What prompted the recent surge in Oberoi Realty’s stock price?

The recent surge in Oberoi Realty’s stock price, which rose as much as 6.50% to an intraday high of Rs 1,780 per share, was driven by the company’s strong financial performance in the first quarter of the financial year 2025 (Q1FY25). The company reported an impressive 82% increase in profit year-on-year and a substantial rise in revenue and EBITDA.

2. How did Oberoi Realty perform in Q1FY25?

In Q1FY25, Oberoi Realty reported a profit of Rs 584.5 crore, marking an 82% increase from Rs 321.6 crore in the same quarter last year. Revenue from operations grew by 54.4% to Rs 1,405.2 crore, compared to Rs 910 crore in Q1FY24. EBITDA also saw a significant increase of 72%, reaching Rs 815 crore.

3. What is the company’s EBITDA margin for Q1FY25?

Oberoi Realty’s EBITDA margin for Q1FY25 was 58%, up from 52% in the same quarter of the previous fiscal year (Q1FY24).

4. What did the Chairman and Managing Director say about the quarterly results?

Vikas Oberoi, Chairman and Managing Director, expressed satisfaction with the results, attributing the success to strong demand in the luxury real estate market. He highlighted the company’s commitment to providing luxurious and sustainable homes, ongoing project launches, and strategic land acquisitions as key drivers of future growth.

5. When will the interim dividend be paid?

The record date for the interim dividend is August 1, 2024. The dividend will be paid starting from August 12, 2024.

6. What is Oberoi Realty’s market capitalisation?

As of the latest data, Oberoi Realty’s market capitalisation stands at Rs 63,812.19 crore, according to the Bombay Stock Exchange (BSE).

7. What are the main business areas of Oberoi Realty?

Oberoi Realty focuses on developments in several sectors including residential, office space, retail, hospitality, and social infrastructure. The company is headquartered in Mumbai and is part of the Oberoi Realty Group.

8. How does Oberoi Realty’s recent performance impact investors?

The strong financial results and positive management outlook have likely boosted investor confidence. The surge in stock price reflects market approval of the company’s performance and growth strategy. The announcement of the interim dividend also signals financial health and stability.

9. What are the company’s plans for the future?

Oberoi Realty plans to continue expanding its portfolio through new project and tower launches, scaling up its annuity assets, and pursuing strategic land acquisitions. The company aims for sustainable growth and creating lasting value for its stakeholders.

10. Where can I find more information about Oberoi Realty?

For more details, visit Oberoi Realty’s official website or check their latest financial reports and stock updates on the Bombay Stock Exchange (BSE).

Disclaimer

The information provided on www.stockpulsdailynews.com is for informational purposes only and does not constitute financial advice. Stock trading is inherently risky, and users agree to assume full responsibility for their trading decisions, including any loss of capital. While we strive for accuracy, we do not guarantee the completeness or reliability of the information presented.

Users should conduct their own research and consult with a qualified financial advisor before making any investment decisions. www.stockpulsdailynews.com disclaims all warranties and is not liable for any damages arising from the use of this website. By using this site, you agree to these terms.

For any question, please contact us

Previous Article
Next Article

Leave a Reply

Your email address will not be published. Required fields are marked *

Share via
Copy link