Synopsis:
The real estate stock surged after robust Q2FY26 results, with revenue and net profit rising 80 percent and 81 percent QoQ. Strong bookings, EBITDA growth, and project completions drove performance, though margins eased due to higher costs, while an institutional investor’s partial sale slightly pressured the stock.

The shares of the real estate developer gained up to 6 percent in today’s trading session after the company’s revenue and net profit zoomed by 80 percent and 81 percent QoQ, respectively, in Q2FY26.

With a market capitalization of Rs 61,226.98 crore, the shares of Oberoi Realty Ltd were trading at Rs 1,683.90 per share, increasing around 5.18 percent as compared to the previous closing price of Rs 1,600.95 apiece.

Q2FY26 Performance

The shares of Oberoi Realty Ltd have seen significant movement after announcing its financial performance in Q2FY26, in which revenue increased by 35 percent on a year-on-year basis from Rs 1,320 crore in Q2FY25 to Rs 1,779 crore in Q2FY26. However, on a Quarter-on-Quarter basis, revenue zoomed by 80 percent from Rs 988 crore in Q1FY26 to Rs 1,779 crore in Q2FY26.

Moreover, net profit increased by 29 percent on a yearly basis from Rs 589 crore in Q2FY25 to Rs 760 crore in Q2FY26; meanwhile, on a quarter-on-quarter basis, net profit jumped by 81 percent from Rs 421 crore in Q1FY26 to Rs 760 crore in Q2FY26.  

Furthermore, the company reported strong operating performance with EBITDA increasing 25.3 percent to Rs 1,020 crore YoY. However, margins declined to 57 percent from 61 percent due to higher input costs and elevated project expenses, indicating solid growth tempered by rising operational costs.

Also read: Microcap stock jumps 5% after company’s net profit increases by 700% QoQ

Oberoi Realty Limited is a leading real estate company engaged in developing premium residential, commercial, retail, hospitality, and social infrastructure projects across Mumbai. Its vision is to transform high-potential locations into integrated lifestyle destinations that redefine urban living through innovation and operational excellence

The company’s key residential projects have achieved substantial progress, with total booked area reaching 74.77 lakh sqft against a carpet area of 1.08 crore sqft. Revenue recognized till date stands at ₹18,64,275 lakh, while project completions vary, with Enigma and Three Sixty West fully completed, and others at different occupancy or certificate stages.

In July, an existing institutional investor sold roughly 3 percent of Oberoi Realty’s equity in a $230 million block deal at ₹1,753.2 per share, around 4 percent below the market price. This move indicates profit-booking or portfolio rebalancing, temporarily pressuring the stock despite the company’s strong fundamentals and market positioning.

Written by Abhishek Singh

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