Omaxe Ltd
Omaxe ltd. is in the business of developing real estate properties for residential, commercial and retail purposes with a presence across 27 cities in 8 states of India. It has undertaken various projects in the areas of contractual construction, township development, building of commercial complexes, multi-storied apartments, etc.
[1] [2]
- Market Cap ₹ 1,318 Cr.
- Current Price ₹ 72.0
- High / Low ₹ 114 / 62.5
- Stock P/E
- Book Value ₹ -30.4
- Dividend Yield 0.00 %
- ROCE -61.4 %
- ROE -506 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 112 to 72.5 days.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -76.3% over last 3 years.
- Contingent liabilities of Rs.2,723 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Realty Realty Residential, Commercial Projects
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,605 | 1,414 | 1,386 | 1,627 | 1,839 | 1,167 | 1,121 | 476 | 618 | 773 | 1,614 | 1,561 | 1,446 | |
| 1,378 | 1,180 | 1,144 | 1,343 | 1,579 | 1,038 | 924 | 594 | 665 | 1,077 | 1,958 | 2,169 | 2,046 | |
| Operating Profit | 226 | 234 | 242 | 284 | 260 | 128 | 198 | -119 | -47 | -303 | -343 | -608 | -600 |
| OPM % | 14% | 17% | 17% | 17% | 14% | 11% | 18% | -25% | -8% | -39% | -21% | -39% | -41% |
| 30 | 34 | 54 | 59 | 59 | 34 | 28 | 39 | 20 | 25 | 21 | 76 | 70 | |
| Interest | 131 | 144 | 147 | 155 | 169 | 74 | 108 | 161 | 121 | 113 | 130 | 195 | 237 |
| Depreciation | 10 | 14 | 10 | 9 | 9 | 9 | 73 | 63 | 47 | 65 | 54 | 37 | 36 |
| Profit before tax | 116 | 110 | 139 | 179 | 141 | 79 | 44 | -305 | -194 | -457 | -507 | -764 | -803 |
| Tax % | 32% | 46% | 45% | 41% | 39% | 38% | 319% | -23% | -17% | -23% | -20% | -10% | |
| 79 | 60 | 77 | 105 | 85 | 49 | -97 | -235 | -162 | -351 | -406 | -685 | -654 | |
| EPS in Rs | 4.29 | 3.28 | 4.20 | 5.58 | 4.59 | 2.68 | -5.32 | -12.86 | -8.72 | -19.02 | -22.01 | -37.51 | -35.76 |
| Dividend Payout % | 12% | 15% | 17% | 13% | 15% | 26% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 7% |
| 3 Years: | 36% |
| TTM: | -7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -7% |
| 5 Years: | 1% |
| 3 Years: | 8% |
| 1 Year: | -6% |
| Return on Equity | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -39% |
| 3 Years: | -76% |
| Last Year: | -506% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 | 183 |
| Reserves | 1,746 | 1,794 | 1,848 | 1,936 | 2,014 | 1,558 | 1,456 | 1,222 | 1,062 | 715 | 298 | -388 | -740 |
| 1,299 | 1,346 | 1,328 | 1,503 | 1,802 | 1,856 | 1,672 | 1,530 | 1,128 | 1,107 | 796 | 796 | 1,419 | |
| 3,225 | 3,585 | 4,353 | 4,704 | 4,129 | 7,163 | 7,239 | 8,108 | 9,545 | 11,555 | 12,546 | 14,300 | 14,866 | |
| Total Liabilities | 6,453 | 6,908 | 7,712 | 8,326 | 8,128 | 10,760 | 10,549 | 11,042 | 11,918 | 13,560 | 13,822 | 14,891 | 15,728 |
| 131 | 118 | 600 | 604 | 604 | 599 | 747 | 671 | 627 | 582 | 565 | 606 | 595 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 16 | 20 | 22 | 12 | 12 | 12 | 12 | 12 | 13 | 14 | 29 | 21 | 20 |
| 6,306 | 6,769 | 7,091 | 7,710 | 7,512 | 10,149 | 9,789 | 10,359 | 11,278 | 12,964 | 13,228 | 14,264 | 15,112 | |
| Total Assets | 6,453 | 6,908 | 7,712 | 8,326 | 8,128 | 10,760 | 10,549 | 11,042 | 11,918 | 13,560 | 13,822 | 14,891 | 15,728 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 139 | 362 | 91 | 121 | 19 | 400 | 638 | 566 | 783 | 469 | 987 | 1,007 | |
| 11 | -6 | 6 | 20 | 21 | 16 | 106 | 23 | -22 | -142 | -64 | -126 | |
| -152 | -391 | -105 | -173 | -35 | -435 | -783 | -517 | -740 | -262 | -924 | -770 | |
| Net Cash Flow | -2 | -34 | -7 | -32 | 4 | -18 | -39 | 72 | 21 | 65 | -1 | 111 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 197 | 199 | 208 | 235 | 158 | 110 | 111 | 298 | 227 | 182 | 81 | 73 |
| Inventory Days | 16,214 | |||||||||||
| Days Payable | 1,755 | |||||||||||
| Cash Conversion Cycle | 197 | 199 | 208 | 235 | 158 | 110 | 111 | 298 | 227 | 182 | 14,539 | 73 |
| Working Capital Days | 470 | 601 | 570 | 547 | 461 | 532 | 508 | 911 | 424 | 156 | -62 | -333 |
| ROCE % | 8% | 8% | 9% | 10% | 8% | 4% | 5% | -5% | -3% | -16% | -23% | -61% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Jun 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Area Sold mn sq. ft. |
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| Area Delivered mn sq. ft. |
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| Booking Value/Sales Value Rs. Cr |
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| Average Realization Rs. per sq. ft. |
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| Ongoing Projects Area mn sq. ft. |
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| Order Book (Pending Revenue Recognition) Rs. Cr |
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Documents
Announcements
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Intimation With Respect To Project Launch And Regulatory Approvals
1d - Two wholly‑owned subsidiaries received RERA registrations for Phase 6B and Metro City P‑8B; launch date 23-03-2026.
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Intimation With Respect To Project Launch And Regulatory Approval.
2d - RERA registration for METRO CITY P-2 A (Lucknow); reg. no. UPRERAPRJ222879/03/2026; launch 21-Mar-2026; valid till 09-Oct-2027.
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Announcement under Regulation 30 (LODR)-Credit Rating
19 Mar - Acuite assigned long-term ACUITE BBB- (Stable) and short-term ACUITE A3 to Omaxe on March 18, 2026.
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Intimation With Respect To Project Launch And Regulatory Approvals
16 Mar - Wholly-owned subsidiaries received RERA registrations for Omaxe World Mall and The Retreat on 17-03-2026.
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Intimation With Respect To Project Launch And Regulatory Approvals.
11 Mar - Omaxe subsidiary received RERA registration for four Mohali residential projects launched 12.03.2026, valid till 2030.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
from nse
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Financial Year 2013
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Financial Year 2012
from nse
Concalls
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Jul 2020TranscriptAI SummaryPPT
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May 2018TranscriptAI SummaryPPT
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Feb 2018TranscriptAI SummaryPPT
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Nov 2017TranscriptAI SummaryPPT
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Aug 2017TranscriptAI SummaryPPT
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Jun 2017TranscriptAI SummaryPPT
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Feb 2017TranscriptAI SummaryPPT
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Dec 2016TranscriptAI SummaryPPT
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May 2016Transcript PPT
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Feb 2016TranscriptPPT
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Nov 2015TranscriptAI SummaryPPT
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Aug 2015TranscriptAI SummaryPPT
Project Portfolio and Execution
The Co.’s product portfolio consists of residential projects, integrated and hi-tech townships, office and commercial projects including malls, and others. It also provides construction contracting services. At the end of FY 2022-23, since inception, Omaxe had approximately delivered 132 Mn. Sq. Ft. (12.26 Mn. Sq. Mtr.) of developed areas across various project categories. During FY22, it delivered 2.75 million square feet. These deliveries encompassed projects located in various cities such as Chandigarh, Lucknow, Faridabad, Ludhiana, and Vrindavan.[1]