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OYO, the travel tech unicorn, has reported a remarkable financial performance for the third quarter (Q3) of the fiscal year 2025.
The company showcased robust growth across all key financial metrics, underlining the effectiveness of its strategic initiatives, operational efficiencies, and strong market demand in its core geographies. Let's have a look at Oyo's Q3 results.
OYO Finance Performance Analysis
Particulars | In Rs Crores | |
Q3 FY25 | Q3 FY24 | |
Revenue from Operations | 1,695 | 1,296 |
Adjusted EBITDA | 249 | 205 |
Profit After Tax (PAT) | 166 | 25 |
Net Cash Inflow from Operating Activities | 475.56 | 188.6 |
Net Cash Outflow from Investing Activities | –590.40 | –73.80 |
Net Cash Flow | 295.16 | –90.20 |
Gross Booking Value (GBV) | 3,341 | 2,510 |
Profit After Tax (PAT): In Q3 FY25, OYO's profit after tax soared to ₹166 crore, marking an almost sixfold increase from ₹25 crore in the same period the previous year.
Revenue Growth: The company's revenue experienced a significant uptick, reaching ₹1,695 crore in the October-December quarter, a 31% rise compared to ₹1,296 crore in Q3 FY24.
Adjusted EBITDA: OYO's adjusted EBITDA for the quarter stood at ₹249 crore, reflecting a 22% increase from ₹205 crore recorded in the corresponding quarter of the previous fiscal year.
Gross Booking Value (GBV): The gross booking value surged to ₹3,341 crore, representing a 33% growth from ₹2,510 crore in Q3 FY24.
Nine-Month Performance: For the first nine months of FY25, OYO reported a cumulative PAT of ₹457 crore, a significant turnaround from a loss of ₹111 crore in the same period last year.
Strategic Initiatives
The impressive growth was primarily driven by strong performances in OYO's core markets of India and the United States. To strengthen its market position, OYO undertook several strategic initiatives that have improved its market position:
Premiumization Efforts: The company focused on enhancing its India portfolio by revamping its portfolio through upgrading hotel infrastructure, improving service quality, and enhancing the overall guest experience. Thus, it captures high-value customers and boosts retention.
Acquisitions: OYO acquired US-based hotel major G6 Hospitality and Paris-based rental home player Checkmyguest is aiming to expand its global footprint and diversify its service offerings.
OYO not only expanded its presence across North America and Europe. Additionally, emerging markets in Southeast Asia and the Middle East contributed significantly to the company's expansion.
These regions saw accelerated growth due to increasing travel demand and OYO’s ability to localize offerings effectively, positioning the company for long-term growth.
OYO's Credit Rating Upgrade
Reflecting its improved financial health, global rating agency Moody's upgraded OYO's rating to B2 from B3, maintaining a stable outlook. Moody's estimates that OYO's EBITDA will reach $200 million in FY 25-26, marking its first full year of earnings consolidation with the newly acquired businesses.
About OYO
OYO (Oravel Stays Limited) is a global hospitality chain that offers budget accommodations in multiple countries. Founded in 2013 by Ritesh Agarwal, OYO operates in over 80 countries, providing standardized, affordable stays.
The company uses a tech-driven approach to manage hotel listings, bookings, and customer experience, making it popular among budget-conscious travellers.
Oyo has started working on filing its DRHP for IPO, which is expected by the first quarter of the new financial year.
Oyo Planning To Launch IPO In 2025
OYO is preparing to launch its IPO. The NBFC has filed a DRHP (Draft Red Herring Prospectus) with SEBI. OYO IPO aims to raise ₹8,430 crores. This will include an offer for sale of about Rs. 1,430 crores and a fresh issue of equity shares of Rs. 7,000 crores.
Check the detailed Oyo IPO analysis (click here).
Is It Possible to Buy OYO Shares Before IPO?
Currently, Oyo is not listed on the stock market. However, Oyo stock is actively traded in the unlisted share market. Investors can buy pre-IPO shares and own Oyo shares before they get traded in the listed market.
Interested investors can buy Oyo unlisted shares by clicking here. Check other pre-IPO shares at Stockify.
Oyo Unlisted Share FAQs
Q1: Is OYO getting listed on the stock market?
Oyo has filed its DRHP (Draft Red Herring Prospectus) with SEBI, and it is estimated to be listed by March 25.
Q2: Why did OYO withdraw the IPO?
Oyo withdrew its application due to material changes in finance and its plan to raise money privately.
Q3: Is it legal to buy unlisted shares of OYO in India?
Yes, this is 100% legal and safe to buy unlisted shares of Oravel Stays Ltd. (OYO Rooms). However, this is applicable when you buy Oravel Stays Ltd. (OYO Rooms) unlisted shares from reliable and known unlisted share dealers. You can request a quote or trade online at Stockify, we are ready to assist you.
