Founded and headquartered in Mumbai, Oberoi Realty Ltd stands as a prominent player in the real estate development sector. As a subsidiary of the Oberoi Realty Group, the company specializes in diverse ventures spanning residential, office space, retail, hospitality, and social infrastructure verticals.
In India, rapid urbanization coupled with the government’s focus on infrastructure development underscores the significance of real estate companies like Oberoi Realty Ltd. Similarly, on a global scale, real estate remains a pivotal sector influencing investment trends and economic growth in various nations.
This article ventures beyond the mere numbers, aiming to unravel the multifaceted narrative shaping this bold prediction. Whether Oberoi Realty Ltd will achieve its ambitious price target of 10,000 remains to be seen, contingent upon a myriad of factors including market conditions, regulatory environment, and company performance.
About Oberoi Realty
Oberoi Realty Ltd, headquartered in Mumbai, is a leading real estate development company under the Oberoi Realty Group. Specializing in residential, office space, retail, hospitality, and social infrastructure, the company has left a mark of excellence across various sectors. It has completed notable projects like Oberoi Mall, Commerz, and The Westin Mumbai Garden City, each boasting impressive occupancy rates. With developments like Elysian, Esquire, and Sky City underway, Oberoi Realty continues to expand its footprint. The company strategically focuses on the Mumbai Metropolitan Region (MMR) while also venturing into new territories like NCR and Bengaluru. With 11 ongoing projects and seven upcoming ventures, Oberoi Realty demonstrates a robust growth trajectory. Notably, recent land acquisitions in Thane and Gurugram highlight its commitment to expansion and innovation. As Oberoi Realty persists in crafting exceptional living and working spaces, its influence in India’s real estate landscape remains undeniable.
Recent News Around Oberoi Realty
- Oberoi Realty expands into the NCR region by acquiring approximately 14.82 acres of land from Ireo Residences Company Private Limited in Sector 58, Gurugram, Haryana.
- The company concludes a transaction for around 6.4 acres of land at Pokhran Road 2, Thane, further enhancing its land holdings in the area to approximately 75 acres.
- Bookings commence for Oberoi Realty’s new project, Forestville Phase 1, situated in Thane Kolshet, demonstrating ongoing development efforts.
- Oberoi Realty receives Occupation Certificates for Sky City A-D and Sky City Tower E, located in Borivali (East), signaling readiness for occupancy in these developments.
Oberoi Realty Q3 Fy2024 Key Points And Summary:
- Oberoi Realty’s total assets for Q3 FY2024 amount to Rs. 19,54,588 lakh, showing growth compared to the previous period.
- Non-current assets are Rs. 6,76,068 lakh, slightly down from before, while current assets surged to Rs. 12,78,520 lakh, suggesting increased liquidity or short-term investments.
- Shareholder equity has risen significantly to Rs. 13,12,942 lakh, indicating improved value creation for investors.
- Non-current liabilities increased to Rs. 2,78,000 lakh, possibly due to long-term financial commitments. Current liabilities also rose to Rs. 3,63,646 lakh, signaling higher short-term obligations.
Oberoi Realty Share Price Target 2024 To 2030
Oberoi Realty Share Price Target 2024
| Month | Maximum Price | Minimum Price |
|---|---|---|
| April | ₹1,710.09 | ₹1,487.03 |
| May | ₹1,684.81 | ₹1,465.05 |
| June | ₹1,745.47 | ₹1,517.80 |
| July | ₹1,728.01 | ₹1,502.62 |
| August | ₹1,797.13 | ₹1,562.72 |
| September | ₹1,869.02 | ₹1,625.23 |
| October | ₹1,832.37 | ₹1,593.37 |
| November | ₹1,887.34 | ₹1,641.17 |
| December | ₹1,934.52 | ₹1,682.20 |
In 2024, Oberoi Realty’s share prices are expected to follow a trajectory of steady growth, reflecting the company’s performance and market dynamics. The expected price will only rise as the year progresses, reaching projected highs and lows. Analysis of the provided data showcases an upward trend in maximum prices, with values increasing gradually from April to December. Conversely, minimum prices also exhibit an ascending pattern, indicating consistent growth potential throughout the year. By December 2024, the expected maximum price will reach ₹1,934.52, while the expected minimum price will be ₹1,682.20, reflecting Oberoi Realty’s resilience and potential in the real estate market.
Oberoi Realty Share Price Target 2025
| when | Maximum Price | Minimum Price |
| January 2025 | ₹1,973.22 | ₹1,517.86 |
| February 2025 | ₹2,023.81 | ₹1,556.78 |
| March 2025 | ₹2,102.74 | ₹1,617.49 |
| April 2025 | ₹2,061.51 | ₹1,585.78 |
| May 2025 | ₹2,001.46 | ₹1,539.59 |
| June 2025 | ₹2,091.53 | ₹1,608.87 |
| July 2025 | ₹2,050.52 | ₹1,577.32 |
| August 2025 | ₹2,113.94 | ₹1,626.11 |
| September 2025 | ₹2,187.93 | ₹1,683.02 |
| October 2025 | ₹2,244.81 | ₹1,726.78 |
| November 2025 | ₹2,300.93 | ₹1,769.95 |
| December 2025 | ₹2,358.46 | ₹1,814.20 |
In 2025, Oberoi Realty’s share price targets suggest a continued upward trajectory, reflecting positive market sentiment and the company’s performance. The expected maximum price is anticipated to steadily rise throughout the year, reaching ₹2,358.46 by December. Similarly, the expected minimum price is projected to increase steadily, reaching ₹1,814.20 by the end of the year. This trend underscores Oberoi Realty’s growth potential and resilience in the real estate sector. Investors can anticipate gradual appreciation in share prices, supported by the company’s strategic initiatives and market dynamics. Overall, 2025 is poised to be a promising year for Oberoi Realty shareholders, with potential returns on investment expected to align with the upward trend in share prices.
Oberoi Realty Share Price Target 2026 To 2030
| Year | Maximum Price | Minimum Price |
|---|---|---|
| 2026 | ₹2,476.38 | ₹1,733.47 |
| 2027 | ₹2,724.02 | ₹1,906.81 |
| 2028 | ₹3,813.62 | ₹1,906.81 |
| 2029 | ₹3,301.84 | ₹1,650.92 |
| 2030 | ₹4,292.39 | ₹3,004.67 |
In the coming years, Oberoi Realty’s share price targets exhibit a consistent trend of growth, reflecting positive market outlook and the company’s strategic endeavors.
- 2026: The projected maximum price for 2026 is ₹2,476.38, with the minimum price expected to reach ₹1,733.47.
- 2027: Anticipated maximum price for 2027 is ₹2,724.02, while the minimum price is expected to be ₹1,906.81.
- 2028: Expectations for 2028 indicate a maximum price of ₹3,813.62, with the minimum price remaining at ₹1,906.81.
- 2029: Forecasts for 2029 suggest a maximum price of ₹3,301.84 and a minimum price of ₹1,650.92.
- 2030: By 2030, the maximum price is expected to reach ₹4,292.39, while the minimum price is projected to be ₹3,004.67.
This consistent upward trajectory in share price targets underscores Oberoi Realty’s sustained growth and value-creation potential over the next five years.
Oberoi Realty’s Financial Condition (Last 5 Years)
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
| Sales + | 2,582 | 2,238 | 2,053 | 2,694 | 4,193 | 4,142 |
| Expenses + | 1,427 | 1,189 | 1,052 | 1,512 | 2,081 | 2,152 |
| Operating Profit | 1,156 | 1,048 | 1,001 | 1,182 | 2,112 | 1,990 |
| OPM % | 45% | 47% | 49% | 44% | 50% | 48% |
| Other Income + | 86 | 54 | 41 | 297 | 321 | 179 |
| Interest | 19 | 88 | 76 | 86 | 169 | 230 |
| Depreciation | 44 | 45 | 41 | 40 | 40 | 44 |
| Profit before tax | 1,178 | 969 | 924 | 1,354 | 2,224 | 1,895 |
| Tax % | 31% | 29% | 20% | 23% | 14% | |
| Net Profit + | 817 | 689 | 739 | 1,047 | 1,905 | 1,619 |
| EPS in Rs | 22 | 19 | 20 | 29 | 52 | 45 |
| Dividend Payout % | 9% | 0% | 0% | 10% | 8% |
Over the last five years, Oberoi Realty has demonstrated a consistent growth trajectory in terms of sales and profitability, supported by strong operational performance and prudent financial management.
From March 2019 to March 2023, Oberoi Realty’s sales have steadily increased from ₹2,582 crore to ₹4,193 crore, showcasing a robust revenue expansion of over 60%. This substantial growth in sales indicates the company’s ability to capture market opportunities and meet evolving customer demands in the real estate sector.
Correspondingly, operating profit has also shown a positive trend, rising from ₹1,156 crore in March 2019 to ₹2,112 crore in March 2023. The operating profit margin (OPM) has remained consistently high, averaging around 48-50% over the period, indicating efficient cost management and profitability.
Other income, which includes non-operational sources of revenue, has contributed positively to Oberoi Realty’s overall financial performance. Although subject to fluctuations, other income has remained a significant contributor, providing additional support to the company’s bottom line.
Despite facing fluctuations in interest expenses and depreciation charges, Oberoi Realty has managed to maintain a stable financial position. Interest expenses have slightly increased over the years, reflecting the company’s borrowing activities, while depreciation charges have remained relatively stable.
Profit before tax (PBT) has seen substantial growth, more than doubling from ₹1,178 crore in March 2019 to ₹2,224 crore in March 2023. This indicates the company’s ability to generate higher earnings from its core operations and strategic investments.
Net profit has also witnessed remarkable growth, increasing from ₹817 crore in March 2019 to ₹1,905 crore in March 2023. This robust growth in net profit underscores Oberoi Realty’s strong performance and ability to translate its operational success into bottom-line growth.
Earnings per share (EPS) have shown a similar upward trend, reflecting the company’s improved profitability and shareholder value creation. Dividend payout percentages have remained moderate, ensuring a balance between distributing profits to shareholders and retaining earnings for future growth initiatives.
In summary, Oberoi Realty’s financial performance over the last five years reflects a consistent growth trajectory, marked by increasing sales, profitability, and shareholder value. The company’s strong operational performance, coupled with prudent financial management, positions it well for sustained growth and value creation in the real estate industry.
FAQS
- What is the current market capitalization of Oberoi Realty Ltd.?
- The current market capitalization of Oberoi Realty Ltd. is ₹56,220 crore.
- At what price is Oberoi Realty Ltd. currently trading?
- Oberoi Realty Ltd. is currently trading at ₹1,546.
- What is the 52-week high and low for Oberoi Realty Ltd.’s stock?
- The 52-week high for Oberoi Realty Ltd.’s stock is ₹1,586, and the low is ₹869.
- What is the price-to-earnings (P/E) ratio of Oberoi Realty Ltd.’s stock?
- The price-to-earnings (P/E) ratio of Oberoi Realty Ltd.’s stock is 34.7.
- What is the book value per share of Oberoi Realty Ltd.?
- The book value per share of Oberoi Realty Ltd. is ₹353.
- What is the dividend yield of Oberoi Realty Ltd.’s stock?
- The dividend yield of Oberoi Realty Ltd.’s stock is 0.26%.
- What are the Return on Capital Employed (ROCE) and Return on Equity (ROE) percentages for Oberoi Realty Ltd.?
- Oberoi Realty Ltd. has a Return on Capital Employed (ROCE) of 16.0% and a Return on Equity (ROE) of 16.6%.
Should one invest in Oberoi Realty?
Oberoi Realty Ltd, a prominent real estate development company headquartered in Mumbai, has showcased commendable performance in recent years. With a current market price of ₹1,546 and a market capitalization of ₹56,220 crore, the company stands as a significant player in the realty sector. Despite facing challenges like fluctuating market conditions, Oberoi Realty has managed to maintain its position and deliver consistent growth.
The company has exhibited robust financials, with a compound sales growth of 15% over the past 10 years and a compounded profit growth of 14%. Additionally, its stock price has shown impressive growth, with a compound annual growth rate (CAGR) of 22% over the last decade. Oberoi Realty has also recorded a healthy return on equity (ROE) of 16.6%, indicating efficient utilization of shareholder funds.
However, it’s essential to consider certain factors before investing. The stock is currently trading at 34.7 times its earnings, which might be considered high by some investors. Moreover, the company’s dividend yield is relatively low at 0.26%, which might not attract income-oriented investors. Additionally, the return on equity over the last three years has been modest at 12.1%.
Investors should conduct thorough research and consider their investment objectives before making any investment decisions.
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