Oberoi Realty (OBEROIRLTY) investor relations material

Executive summary

• H1FY27 revenue from operations was Rs 2,97,184 lakh and net profit was Rs 1,30,516 lakh, both higher than H1FY26. Q2FY27 residential bookings totalled 15,82,961 sqft across 808 units, with gross booking value of Rs 9,14,969 lakh.

• Gurugram’s first phase sold out, with sales exceeding INR 8,000 crore before court intervention; phase two awaits approvals and launch readiness.

• A development agreement with another Malabar Hill society added a third nearby project; more than 15 towers above 60 floors are under construction.

Financial highlights

• Consolidated Q2FY27 revenue from operations was Rs 1,67,095 lakh versus Rs 1,77,904 lakh YoY; net profit was Rs 76,165 lakh versus Rs 76,026 lakh. Total income was Rs 1,73,637 lakh.

• Consolidated H1FY27 total income was Rs 3,09,806 lakh versus Rs 2,91,882 lakh; profit before tax was Rs 1,70,731 lakh versus Rs 1,50,010 lakh, and total expenses were Rs 1,39,911 lakh versus Rs 1,43,713 lakh.

• Standalone Q2 total revenue was Rs 1,58,814 lakh versus Rs 1,60,959 lakh; net profit rose to Rs 73,588 lakh from Rs 61,802 lakh. H1 total revenue was Rs 2,75,662 lakh versus Rs 2,47,043 lakh; net profit was Rs 1,24,351 lakh versus Rs 92,686 lakh.

• Consolidated basic EPS was Rs 20.95 in Q2FY27 versus Rs 20.91 YoY, and Rs 35.90 in H1FY27 versus Rs 32.49; diluted H1 EPS was Rs 35.88, not annualised.

• 360 North collections were ~INR 830 crore in the quarter; no revenue was recognised on these collections, and further receipts were expected after the 90-day payment period elapsed in October.

Segment performance

• Q2FY27 investment properties generated Rs 32,432 lakh operating revenue and Rs 30,000 lakh EBITDA at a 93% margin; occupancy was 95%.

• Commercial properties reported Q2 revenue of Rs 20,732 lakh, EBITDA of Rs 19,038 lakh, 92% EBITDA margin and 98% occupancy; retail reported Rs 11,700 lakh revenue, Rs 10,962 lakh EBITDA and 88% occupancy, including 83% at Sky City Mall.

• The Westin Mumbai Garden City reported Q2 revenue of Rs 4,561 lakh, EBITDA of Rs 1,661 lakh, 75% occupancy and average room rate of Rs 15,780.

• Q2 development revenue recognised was Rs 1,23,310 lakh, including Elysian at Rs 45,441 lakh and Jardin at Rs 24,196 lakh.

• Commerz I, II and III and Sky City Mall were near 100% occupancy; annuity occupancy was rising as Sky City in Borivali ramped up.