Should you buy, sell or hold Oberoi Realty shares? Latest brokerage ratings, targets

Last week, Oberoi Realty staged a largely strong performance for the final three months of FY26. Its margin, however, failed to keep up with analysts' expectations.
Should you buy, sell or hold Oberoi Realty shares? Latest brokerage ratings, targets

Oberoi Realty shares recovered some ground on Tuesday after their worst single-day fall in more than three months the previous day. The largecap realty stock gained as much as 4.7 per cent to Rs 1,710.6 apiece in intraday trade. On Monday, it had slumped 4.0 per cent to Rs 1,634, marking its steepest fall since January 20.

Brokerages have maintained mixed views on Oberoi Realty after the largecap real estate company staged an overall strong performance for the quarter ended March 31.

CLSA upgraded the stock to 'hold' from 'reduce' but raised its target price by Rs 175 to Rs 1,500, which indicates a downside of 8.2 per cent from Monday's close.

HSBC maintained its 'buy' call on the largecap stock with a revised target of Rs 2,100 instead of the earlier Rs 1,960. Its target price implies an upside of 28.5 per cent.

BrokerageRatingTarget priceUpside/downside vs previous close
CLSAUpgraded to 'hold' from 'reduce'Rs 1,500 (raised from Rs 1,325)8.2% downside
HSBCBuyRs 2,100 (raised from Rs 1,960)28.5% upside

Oberoi Realty Q4 FY26 results vs expectations

On Friday, Oberoi Realty reported a consolidated net profit of Rs 703 crore for the final three months of FY26, marking a 62 per cent jump over the corresponding period a year ago.

Its revenue rose 52.1 per cent to Rs 1,749 crore for the March quarter, according to a regulatory filing.

The property developer registered March-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA) of Rs 959 crore, up 55 per cent over the year-ago period.

The quarterly PAT, revenue and EBITDA met analysts' expectations.

According to Zee Business research, Oberoi Realty's fourth-quarter profit was pegged at Rs 580 crore, revenue at Rs 1,658 crore and EBITDA at Rs 945 crore.

Oberoi Realty margin

The realty firm missed the mark on the operational front.

Its margin -- a key measure of profitability -- contracted by 120 basis points (1.2 percentage points) on a year-on-year basis to 54.9 per cent in Q4.

As per Zee Business estimates, the realty firm was expected to register a quarterly margin of 57 per cent.

Oberoi Realty (OBEROIRLTY) dividend

The realty firm declared a dividend of Rs 2 per equity share -- a 20 per cent payout given the face value of Rs 10 per equity share.

It announced May 14 as the record date for the dividend, adding that the payout will be made on or before May 22.

The company has paid dividends consistently in the past.

Here's a summary of its payouts in the past five years.

Announcement DateEx-Dividend DateDividend TypeDividend (Rs)
May 8, 2026May 14, 2026Interim2
Jan 19, 2026Jan 23, 2026Interim2
Oct 15, 2025Oct 20, 2025Interim2
Jul 21, 2025Jul 25, 2025Interim2
Apr 28, 2025May 5, 2025Interim2
Jan 20, 2025Jan 24, 2025Interim2
Oct 18, 2024Nov 4, 2024Interim2
Jul 22, 2024Aug 1, 2024Interim2
May 14, 2024Jun 24, 2024Final2
May 9, 2024May 22, 2024Interim2
Jan 24, 2024Feb 2, 2024Interim2
Oct 27, 2023Nov 8, 2023Interim2
May 16, 2023Jun 21, 2023Final4
May 26, 2022Jul 7, 2022Final3
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