Oberoi Realty

The company posted a good set of numbers for Q4Fy17. Revenue for the quarter rose 25% (YoY) at Rs.302 crore. EBITDA was at Rs.164 crore, up 38% and this was despite a 11% rise in total expenses. Cleary, the higher topline helped.

The company ended the quarter with a net profit at Rs.102 crore, up 50% (YoY), which is extremely commendable given the tough Q3 and Q4 for the entire sector.

Total area booked for Q4FY17 was 1.35 lakh sq. ft. v/s 1.42 lakh sq. ft. (YoY) and the total value was Rs.345 crore v/s Rs. 264 crore.

The order book stands at Rs. 5,037 crore at the end of FY17 as against Rs. 4,247.69 crore at the end of FY16.

The company ended FY17 with a consolidated net profit at Rs.375 crore v/s Rs.434 crore in FY16, a drop of 13%. Equity capital is at Rs.339.54 crore and EPS is at Rs.11.15 (FV of Rs.10).

Reserve stands at Rs.5386 crore; debt is at Rs.838 crore and cash is at Rs.213 crore.