amit@unlistedkraft.in
+91-9599071664
+91-9599071664
Oravel Stays Ltd (Oyo Rooms)
DRHP Status : Not Filed
41
Current Price
41
Market Cap
37074.00 Cr
ISIN
INE561T01021
Face Value
1
P/E Ratio
154.17
EPS
0.36
P/B Ratio
42.69
Book Value
1.3
Debt to Equity Ratio
2.19
| (in Rs. Crore) | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 5388.7 | 5464.0 | 4781.4 | 3961.7 | 13168.2 | 6332.1 |
| Growth % | -1% | 14% | 21% | -70% | 108% | 0 |
| Operating Expenses | 4681.6 | 5837.8 | 5941.2 | 5984.3 | 19330.8 | 8767.7 |
| Growth % | -20% | -2% | -1% | -69% | 120% | 0 |
| Operating Profit | 707.1 | -373.9 | -1159.9 | -2022.7 | -6162.7 | -2435.7 |
| Profit Before Tax | 235.7 | -1286.3 | -1918.9 | -3893.1 | -13147.9 | -2327.6 |
| Profit After Tax | 229.3 | -1286.5 | -1941.7 | -3936.8 | -13129.7 | -2333.3 |
| Growth % | 117.8% | -33.7% | -50.7% | -70.0% | 462.7% | 0 |
| PAT % | 4% | -24% | -41% | -99% | -100% | -37% |
| Assets | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Fixed Assets | 1825 | 1605 | 1582 | 1490 |
| CWIP | 0 | 1 | 0 | 1.2 |
| Investments | 471 | 605 | 510 | 455 |
| Trade Receivables | 101 | 256 | 158 | 203 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 6354 | 5985 | 5682 | 4293.8 |
| Total Assets | 8751 | 8452 | 7932 | 6443 |
| Liabilities | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Share Capital | 0.027 | 132.7 | 132.8 | 133.8 |
| FV | 10 | 1 | 1 | 1 |
| Reserves | 2744 | 1311 | 449.7 | 767 |
| Borrowings | 3166 | 4664 | 5071 | 3603 |
| Trade Payables | 1143 | 1087 | 935 | 961 |
| Other Liabilities | 1697.97 | 1257.3 | 1343.5 | 978.2 |
| Total Liabilities | 8751 | 8452 | 7932 | 6443 |
| Name | Holding |
|---|---|
| SoftBank | 45% |
| Ritesh Agarwal (Promoter) | 31% |
| Other Investors | 17% |
| Lightspeed | 3% |
| Sequoia | 3% |
| Airbnb | 1% |
Oravel Stays Limited, operating as OYO Rooms, is a global hospitality company that empowers entrepreneurs and small businesses with hotels and homes through its full-stack technology platform.
Founded in 2013 by Ritesh Agarwal, OYO provides affordable and trusted accommodations, offering a range of options from budget hotels to vacation homes and living spaces.
OYO's platform aims to ease operations and increase earnings for its partners while offering customers instant booking and a wide selection of choices.
Strengths
- Credit Rating: Credit rating agency, Fitch, upgraded OYO’s rating to 'B' from 'B-' with a 'Stable' outlook.
- Repayment of Debt: Oyo has prepaid its debt up to ₹16.2 Bn Cr in Nov’23 which, further, brought down its gross debt to ₹37.2 Bn. They aims to be Net Debt-free by FY26.
- Improving Profitability: Oyo improved its EBITDA margins (as a % of GBV) from -44% in FY20 to ~+8% in FY24 with a net earning of ~₹100 Cr.
- Franchise model: The Company as on date operates on a totally franchise model with no fixed payout commitments and eliminating capex requirements, boosting profitability.
- Growing Outreach: In FY24, OYO added about 5,000 hotels and 6,000 homes globally.
Weaknesses
- Delay in IPO: OYO filed two addendums to its prospectus, informing investors of its improved business performance in the first half of FY23. However, SEBI has requested additional information in the prospectus, particularly concerning business risk factors. This requirement has contributed to delays in OYO's IPO.
- Subpar service quality: While OYO excels in offering rooms and ensures customers feel they receive good value for their money, the quality and reliability of its services are often questioned and remain quite controversial.
- Falling Valuation: Oyo's valuation dropped from ₹797.5 billion in Aug’21 to ₹287 bn in Jul’24
FAQs
These are privately traded equity shares of Oravel Stays Ltd (Oyo Rooms), a global hospitality-tech company operating in India and abroad. They are not listed on NSE or BSE and are available through private platforms like UnlistedKraft.
Yes, UnlistedKraft offers verified access to Oyo unlisted shares. Once you complete your KYC and place the order, shares are delivered to your demat account, typically within 24 hours.
Investing in unlisted equity carries risks such as limited liquidity and less public disclosure. However, Oyo is a large and well-recognised hospitality player, and transactions via UnlistedKraft are secure, verified, and transparent.
Pricing is driven by recent private transactions, investor demand, financial performance, and IPO anticipation. Share prices have ranged between INR 43 – INR 49 recently, depending on lot size and trade volume.
Yes, you need an active demat account to receive and hold the shares of Oravel Stays Ltd.
There is no mandatory lock-in period. Investors generally hold until a liquidity event such as an IPO, planning around March 2026, or acquisition occurs.
Yes, resale is possible through UnlistedKraft’s resale network, depending on demand and availability of buyers in the secondary market.
Yes, as per SEBI rules, pre‑IPO shareholders are subject to a six‑month lock‑in period after listing.
If held for more than two years, gains are taxed as long-term capital gains (LTCG) at 20% with indexation. Gains made within two years are treated as short‑term and taxed per your income tax slab.
+91-9599071664
amit@unlistedkraft.in