OYO Rooms (Oravel Stays Ltd)
| Market Cap | ₹35,750Cr. | Stock P/E | 162.8 |
| Current Price | ₹24.85 | Book Value | ₹1.4 |
| Lot Size | 1000 | 52W Low | ₹ |
| 52W High | ₹ | Demat Account | NSDL\CDSL |
| EPS | 0.34 | ISIN | INE561T01021 |
| Debt to Equity | 0.05 | Valuation | ⭐⭐⭐⭐⭐ |
| Face Value | 1 | No. of Shares | 650 |
Description
| Buy Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 24 | 1000 | ₹ 24,000 |
| Sell Price | Minimum Quantity | Amount |
|---|---|---|
| ₹ 24.85 | 1000 | ₹ 24850 |
Company Overview:
About OYO
OYO Rooms, often referred to simply as OYO, is a prominent Indian hospitality chain that offers standardized hotel rooms and accommodations across various price ranges. As of the latest information, OYO’s shares are not listed on public stock exchanges. Here’s a comprehensive overview:
Company Overview:
- Name: OYO Hotels & Homes (commonly known as OYO)
- Industry: Hospitality
- Founded: 2013
- Founder: Ritesh Agarwal
- Headquarters: Gurgaon, India
Business Model:
- Hotel Aggregation: OYO partners with hotels and other accommodation providers to offer standardized rooms and services, ensuring a consistent experience across locations.
- Franchise and Management Contracts: They operate on a franchise and management contract model, where they standardize properties under the OYO brand.
Geographical Presence:
- Domestic: OYO has a strong presence across India with numerous properties in major cities and tourist destinations.
- International: The company has expanded into several countries including the U.S., China, Southeast Asia, Europe, and the Middle East.
Ownership and Structure:
- Private Company: OYO is privately held and has received significant investment from venture capital and private equity firms.
- Investors: Major investors include SoftBank Vision Fund, Sequoia Capital, Lightspeed Venture Partners, and others.
Recent Developments:
- Expansion and Growth: OYO has been expanding its portfolio globally and diversifying its offerings, including launching new business lines such as vacation rentals and co-working spaces.
- Challenges: The company has faced operational challenges and regulatory issues in some markets. There have been reports about financial difficulties and adjustments to its business model.
Financial Information:
- Private Status: As a private company, OYO’s detailed financial information is not publicly disclosed. However, financial updates are often shared in press releases or through news articles, especially around funding rounds or significant business developments.
- Valuation: OYO has been valued at billions of dollars in various funding rounds, with estimates varying based on recent market conditions and business performance.
Investment Opportunities:
- Private Equity and Venture Capital: Investments in OYO are typically available through private equity and venture capital channels. Public trading is not an option at this time.
- Future IPO Plans: There have been speculations about OYO considering an initial public offering (IPO) in the future, but as of now, there is no official confirmation or timeline for this.
Announcement and News
Oyo rolls back controversial 6,000:1 bonus share plan after backlash
The plan, which linked shareholder rewards to both a time-bound election process and progress on Oyo’s IPO, will now be replaced by a simplified bonus scheme covering all shareholders.
What was in the earlier proposal?
Under the earlier plan, Resolution No. 2 in the company’s postal ballot proposed a bonus share issue that was structured in an unusually complex way — unlike the simple, broad-based bonus issues typically seen in corporate actions.
Instead of an equal bonus distribution, the proposal hinged on how shareholders responded within a tight election window and, crucially, on the progress of Oyo’s long-awaited listing.
Investors were to receive one Bonus Compulsorily Convertible Preference Share (CCPS) for every 6,000 equity shares held. Fewer than 6,000 shares? No bonus. What happened next depended on whether the shareholder took action during the election window.
Those who did nothing automatically fell into Class A, where each CCPS converted into one equity share — effectively one bonus share for every 6,000 held.
Those who actively opted in and submitted documents within the specified window could elect Class B, which carried a much higher potential reward: each CCPS would convert into 1,109 equity shares if Oyo appointed merchant bankers for its IPO before March 2026. If that milestone wasn’t met, however, the conversion would drop to 0.10 share per CCPS.
Financial Data (IN CR.)
| YEAR | 2024 | 2023 | 2022 |
|---|---|---|---|
| NET SALES | 5388.8 | 5463.9 | 4781.4 |
| TOTAL INCOME | 5541.6 | 5601.7 | 4905.2 |
| NET PROFIT | 219.5 | -1286.5 | -2139.9 |
| SHAREHOLDERS FUND | 900.7 | 582.6 | 1443.6 |
| TOTAL ASSETS | 6443.5 | 7932.4 | 8452.5 |
| EPS | 0.34 | -1.98 | -3.29 |
Financial Docs
Profit and Loss (IN CR.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Revenue | 4781 | 5464 | 5389 |
| Cost of Material Consumed | 0 | 0 | 0 |
| Gross Margin | 100 | 100 | 100 |
| OPM | -24.26 | -6.84 | 13.14 |
| Other Income | 286 | 49 | 573 |
| Other Expenses | 4079 | 4289 | 3937 |
| Depreciation & Amortization | 299 | 280 | 200 |
| Profit before tax | -1919 | -1286 | 236 |
| Net Profit Margin | -40.62 | -23.54 | 4.27 |
| EPS in Rs | -14.63 | -9.68 | 1.72 |
| Finance Cost | 746 | 681 | 844 |
Balance Sheet (IN Cr.)
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Share Capital | 132.7 | 132.8 | 133.8 |
| Reserves | 1311 | 449.7 | 767 |
| Borrowings | 4664 | 5071 | 3603 |
| Other Liabilities | 1257.3 | 1343.5 | 978.2 |
| Total Liabilities | 8452 | 7932 | 6443 |
| Fixed Assets | 1605 | 1582 | 1490 |
| CWIP | 1 | 0 | 1.2 |
| Investments | 605 | 510 | 455 |
| Other Assets | 5985 | 5682 | 4293.8 |
| Total Assets | 8452 | 7932 | 6443 |
Shareholding Pattern
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Ritesh Agarwal | 39.36% | 39.30% | 38.38% |
| RA Hospitality Holdings (cayman) | 43.96% | 43.96% | 43.56% |
| SVF India Holding (cayman)
Limited |
1.76% | -% | -% |