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Oberoi Realty FY26 Sales Dip 25%, But Q4 Bookings Surge 96%

Oberoi Realty reported a nearly 25% decline in the number of units sold for the full financial year 2026. However, the booking value for the year saw a modest increase of over 3%, indicating a shift towards higher-value properties. The fourth quarter performance was exceptionally strong, with booking value nearly doubling year-on-year and units booked surging significantly. The company's shares have shown positive momentum, gaining over 22% in the last month.

Key Points: Oberoi Realty FY26 Units Down 25%, Q4 Bookings Double

  • FY26 units sold fell 25%
  • Annual booking value rose 3% to Rs 5,447 cr
  • Q4 bookings nearly doubled to Rs 1,673 cr
  • Premium housing demand drives value growth
2 min read

Oberoi Realty's FY26 unit sales drop 25 pc, Q4 bookings surge

Oberoi Realty reports 25% drop in annual units sold but a 96% surge in Q4 booking value, highlighting strong premium housing demand.

"Demand remained skewed towards high-value properties, even as the number of transactions declined. - Company Filing"

Mumbai, April 21

Oberoi Realty has reported a 24.86 per cent decline in the number of units sold in FY26, even as the company posted a sharp rise in quarterly bookings driven by strong demand for premium housing.

The Mumbai-based developer said the total number of units booked during the financial year fell to 698 units, compared to 929 units in FY25, according to its stock exchange filing.

The total carpet area booked during the year also declined by 10.61 per cent to 11,47,557 square feet, it added in its filing.

Despite the annual dip in volumes, the company recorded a modest 3.14 per cent year-on-year increase in booking value, which stood at Rs 5,447 crore for FY26.

The data suggested that demand remained skewed towards high-value properties, even as the number of transactions declined.

In contrast, the fourth quarter of FY26 delivered a strong performance. Gross bookings nearly doubled to Rs 1,673 crore -- marking a 96.13 per cent increase from Rs 853 crore in the corresponding quarter last financial year.

The number of units booked during the quarter rose significantly to 229 units from 78 units a year ago.

The carpet area booked in Q4 FY26 surged 160.37 per cent year-on-year to 3,57,552 square feet, as per the filing.

Sequentially as well, the company saw strong momentum, with booking value rising 100.11 per cent quarter-on-quarter and units booked increasing by 76.15 per cent.

The booked carpet area grew 92.17 per cent over the previous quarter, the real estate developer said in its filing.

The shares of the company were trading Rs 32.60 or 1.92 per cent during last leg trading session. In last five days, the shares were up by Rs 21.1 or 1.24 per cent.

However, the gain pronounced on higher timeframe as it delivered Rs 315.2 or 22.33 per cent in last one month.

Oberoi Realty, led by Chairman and Managing Director Vikas Oberoi, has over four decades of experience in the real estate sector, continues to focus on high-end residential, commercial, retail, and hospitality developments.

- IANS

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Reader Comments

P
Priya S
As someone looking to buy a home, this data is confusing. On one hand, annual sales are down, which might suggest a slowdown. But then Q4 is super strong. Is this just a year-end push or a real recovery? Makes planning very difficult for middle-class buyers like us.
R
Rohit P
The share price movement tells the real story. Up 22% in a month! Investors are clearly betting on the premium housing trend and Oberoi's strong brand. The Q4 surge proves demand is there, just concentrated in higher-value transactions. Smart strategy by the company.
S
Sarah B
While the quarterly numbers look impressive, we must look at the full year. A 25% drop in units sold is significant. It reflects the broader affordability crisis in Indian metro real estate. The market is becoming only for the wealthy, which is not sustainable long-term.
V
Vikram M
This is classic Mumbai real estate. The rich keep getting richer and buying bigger homes, while the common man is priced out. Oberoi's focus on premium is good for their margins, but what about housing for everyone else? The data shows a two-tier market forming.
K
Karthik V
The Q4 surge of 96% is phenomenal! Probably due to new project launches or better payment plans. Oberoi has a reputation for quality, so even in a slow market, their premium properties find buyers. This gives confidence to the whole sector.

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