Oberoi Realty Complete Fundamental Analysis

Description
Oberoi Realty has 30+ years of presence in India and has developed landmark buildings across commercial, residential, retail and hospitality segments. They have 27.43 million sq. ft of area under construction in FY 2019. The company has popular developments under the name Oberoi Mall, Commerz, The Westin Mumbai garden city etc. They have completed a total of 42 projects at strategic locations across the Mumbai Skyline.

Oberoi realty operated in an asset-heavy industry where a lot of capital gets tied up in construction and inventory. Their industry structure is also such that there are lots of small developers in the market. Oberoi realty has strategically placed themselves in the higher strata and is focused on developing premium properties especially in metro regions like Mumbai.

Reforms like GST, Insolvency Code, RERA, and other similar initiatives have formalized the construction sector in India. The only concern remains is the capital intensity and NBFC crisis. However, Oberoi realty stands to benefit from this in the long term because of zero debt in their capital structure. Therefore this category gets 4 stars in Oberoi Realty fundamental analysis.

The Model covers all the major fundamental aspects of Oberoi realty Ltd over the ten year period. The model is easy to edit and update for the future years as well. It includes:
1. Growth Ratios
2. Profitability Ratios
3. Cash Flow Ratios
4. Liquidity and Solvency Ratios
5. Efficiency Ratios
6. Valuation Ratios
7. ROE (Du Pont Analysis)
8. Common Size analysis
9. Enterprise Valuation
10. Financial Strength Analysis

Further Qualitative analysis is also done considering these factors and ratings have been assigned. The complete detailed analysis is in the word document along with the Excel model.