Oravel Stays Limited (OYO)
The parent company of Oyo Rooms, Oravel Stays Limited, has released its annual financial report for the fiscal year 2022–2023. Significant financial patterns are found in this study for a number of different metrics, including cash flows, profitability, expenses, and revenue.
Highlights of Financial Performance
1. Outstanding Growth in Revenue
Oravel Stays Limited recorded a remarkable 14% rise in operating revenue in FY 2022–2023—from Rs. 4781 crore to Rs. 5463 crore. At the same time, the corporation was able to cut costs by 2.6%, so that instead of spending Rs. 6985 crore in FY22, expenses now amount Rs. 6800 crore. Demand recovery was the main driver of the expansion, which in turn led to increased revenue, improved gross margins, and reduced fixed cost structures—all of which eventually aided in long-term sustainable development and profitability.
2. Notable EBITDA Growth
Consolidated adjusted EBITDA for the company increased significantly from INR (471) crore in FY 2021–22 to INR 277 crore in FY 2022–23.
3. Reduction of Loss Prior to Tax
Compared to Rs. (2141) crore in FY22, the Company’s loss before tax dropped by an astounding 39% to Rs. (1286) crore in FY23. In a similar vein, the year’s loss dropped significantly by 34% to Rs. (1286) crore from Rs. (1941) crore in FY22.
Overview of the Balance Sheet
1. Total Equity and Liabilities; Total Assets
The total assets of the company decreased by 6% in FY23 to Rs. 7932 crore from Rs. 8452 crore in FY22. As a result, overall equity and liabilities dropped by 6% as well, coming to Rs. 7932 crore in FY23 as opposed to Rs. 8452 crore in FY22.
Cash Flow Perspectives
1. Robust operating cash flow
In contrast to the cash used in operational activities in FY22, which was Rs. (921) crore, the Company generated substantial net cash from operating activities in FY23, amounting to Rs. 141 crore.
2. Financial and Investing Activities
Notably, with a net cash generation of Rs. (108) crore in FY23, there was a positive trend in cash flow from investing operations. Compared to the cash spent for investing activities in FY22, which was Rs. (711) crore, this represented a significant improvement. Furthermore, there was an improvement in the cash flow from financial activities, with cash used in FY23 coming in at Rs. (704) crore as opposed to Rs. 703 crore in FY22.
Overview of the Company
OYO is a cutting-edge tech platform aimed at enabling small business owners and landlords to effectively manage and run their residences and hotels. Offering a comprehensive range of technological goods and services, OYO streamlines business processes and gives clients access to simple, cost-effective lodging solutions.
Company Structure
OYO has been leading the charge to transform the short-term lodging sector since its founding in 2012. In order to fully address the problems faced by both Patrons (property owners, lessors, and operators) and Customers (travelers and guests), the company has created a novel two-sided technological platform.
With the aid of OYO’s methodology, patrons can convert their underutilized, unbranded properties into branded, digitally enabled storefronts with higher potential for profit. In addition, it gives users access to a broad selection of excellent lodging options at competitive prices via OYO’s numerous platforms, which include the OYO app, website, mobile website, online travel agencies, and corporate partnerships.
Strategic Priority
OYO stuck to their worldwide plan for the entire year, going from fast to sustainable growth while placing more of an emphasis on profitability. Through cost structure optimization, general and administrative expense reduction, and marketing investment optimization, the company was able to achieve this. OYO increased its focus on product development and technology at the same time to guarantee operational effectiveness.
Plans for an IPO
In compliance with the relevant legislation of the Securities and Exchange Board of India (SEBI), OYO is organizing an Initial Public Offering (IPO), subject to gaining the required approvals and satisfying other factors. In conjunction with this IPO, the business has filed a Pre-filed draft red herring prospectus (Pre-filed DRHP) with SEBI on March 30, 2023.
Buy Oravel Stays Limited ulisted shares, Sell Oravel Stays Limited Unlisted shares, Buy Pre IPO shares
OYO Share Price & Unlisted Share – Company Overview
OYO Rooms (Oravel Stays Limited) formerly known as OYO Rooms is an unlisted public limited company, incorporated on 21 February 2012.
The Company is engaged in providing a new-age technology platform that aims to empower small enterprises and owners to efficiently manage and operate their hotels and homes by providing full-stack technology products and services, to ease operations; bring easy-to-book, affordable accommodation to customers.
Currently, OYO is preparing to launch an IPO. The public offering is expected to be valued at approximately Rs. 8,430 crores, according to the DRHP that OYO Hotels and Homes submitted to SEBI. This will involve a fresh issue of equity share sale for Rs. 7,000 crores and an offer for sale of approximately Rs. 1,430 crores. So, OYO will use IPO funds for repayments of debt and other expansions across India, Indonesia, and Europe. OYO share price used to fluctuate on daily basis.
OYO Share Price, Unlisted Share Details as of March 31, 2022
| OYO Outstanding Shares: | 6,030,527,900 |
| Face Value of OYO Unlisted Share: | Rs. 1 Per Equity Share |
| ISIN of OYO Unlisted Share: | INE561T01021 |
| Lot Size of OYO Unlisted Share: | 500 Shares |
| OYO Share Price: | Best in Industry |
| PAN Number of OYO: | AANCA6342H |
OYO Rooms Incorporation Details
| OYO Rooms CIN Number | U63090GJ2012PLC107088 |
| OYO Rooms Registration Date | 21-Feb-12 |
| Category / Sub-Category of OYO | Limited by Shares/ Non-govt company |
| OYO Registered Office Address | Ground Floor – 001, Mauryansh Elanza, Shyamal CrossRoad, Nr. Parekh Hospital Satellite, Ahmedabad, Gujarat – 380015 |
| OYO Registrar & Transfer Agent Address and Contact Details | Link InTime India Private Limited, 4th Floor, Spaze Palazo, Sector 69, Gurugram, Harayana – 122001 |
OYO Rooms Principal Business Activities
| Name and Description of main products/services | NIC Code of the product/service | % to the total turnover of the Company |
| Accommodation services provided by Hotel, Inn, Resorts, Holiday homes, Hostel | 5510 | 100 |
OYO Rooms Board of Directors
Ritesh Agarwal Founder, Chairman & Non-Executive Director
Aditya Ghosh, Non-Executive Director
Bejul Somaia, Non-Executive & Independent Director
Dr. Deepa Malik, Non-Executive & Independent Director
Troy Alstead, Non-Executive & Independent Director
William Steve Albrecht, Non-Executive & Independent Director
OYO Rooms Particulars of Subsidiary and Associate Companies
| S. No. | Name of the Company | Holding/ Subsidiary/ Associate/ Joint Venture | % of Shares held |
| 1. | OYO Hotels and Homes Pvt Ltd | Subsidiary | 99.64 |
| 2. | OYO Apartments Investments LLP | Subsidiary | 100 |
| 3. | OYO OTH Investments I LLP | Subsidiary | 100 |
| 4. | OYO Financial and Technology Services Pvt Ltd | Subsidiary | 100 |
| 5. | Oravel Employee Welfare Trust | Subsidiary | 100 |
| 6. | OYO Vacation Homes Rental LLC | Subsidiary | 49 |
| 7. | OYO Rooms and Hospitality (UK) Ltd | Subsidiary | 100 |
| 8. | Supreme Sai Construction and Developers LLP | Subsidiary | 100 |
| 9. | Neeldeep Developers Private Ltd | Joint Venture | 50 |
| 10. | Mountainia Developers & Hospitality Pvt Ltd | Joint Venture | 50 |
OYO Rooms Shareholding Pattern (As of 31-03-2022)
| S. No. | Shareholders’ Name | Number of shares | % of total Shares of the company |
| 1. | Promoter Group | 1,12,91,20,000 | 85.07% |
| 2. | Public Shareholding | 19,81,25,078 | 14.93% |
| Total | 1,32,72,45,078 | 100.00% |
Balance Sheet
Oravel Stays Limited (OYO) Balance Sheet (In Rs. Millions)
| PARTICULARS | 2023 | 2022 | 2021 |
| ASSETS | |||
| Non-current assets | |||
| Property, plant and equipment | 551.8 | 853.25 | 1102.23 |
| Capital work-in-progress | – | – | – |
| Right of use assets | 946.25 | 602.44 | 1167.46 |
| Goodwill | 24,238.38 | 22,373.25 | 22,162.23 |
| Other intangible assets | 15,267.77 | 15,199.41 | 17,149.21 |
| Intangible assets under development | 3.74 | 0.96 | – |
| Investment in joint ventures | 3,477.48 | 3,304.36 | 2,296.70 |
| Financial assets | |||
| Investments | 750.96 | 262.72 | – |
| Other financial assets | 9,285.60 | 8,352.14 | 421.19 |
| Non-current tax assets (net) | 1,261.04 | 1,185.35 | 1,224.75 |
| Other non-current assets | 596.94 | 1,009.32 | 1,005.37 |
| 56,379.96 | 53,143.20 | 46,529.14 | |
| Current assets | |||
| Inventories | – | – | 58.74 |
| Financial assets | |||
| Investments | 872.78 | 2,487.91 | 2,418.70 |
| Trade receivables | 1,582.66 | 2,562.23 | 1,011.42 |
| Cash and cash equivalents | 7,267.59 | 13,537.19 | 21,071.02 |
| Bank balances other than cash and cash equivalents | 9,503.35 | 8,119.95 | 6,916.44 |
| Other financial assets | 1,498.78 | 1,633.94 | 1,420.07 |
| Other current assets | 2,219.20 | 3,038.54 | 4,471.51 |
| 22,944.36 | 31,379.76 | 37,367.90 | |
| Assets held for sale | – | – | 3,613.44 |
| Total assets | 79,324.32 | 84,522.96 | 87,510.48 |
| EQUITY AND LIABILITIES | |||
| Equity | |||
| Share capital | 1,328.12 | 1,327.24 | 0.27 |
| Instruments entirely equity in nature | 11.12 | 11.12 | 11.12 |
| Other equity | |||
| Securities premium | 1,67,120.03 | 1,67,099.83 | 1,67,642.58 |
| Retained earnings | -1,87,135.41 | -1,74,329.89 | -1,67,918.57 |
| Other reserves | 34,597.93 | 29,588.22 | 34,112.58 |
| Equity attributable to the equity holders of the Parent | 15,921.79 | 23,696.52 | 33,847.98 |
| Non-Controlling interests | -10,096.05 | -9,260.54 | -6,406.55 |
| Total equity | 5,825.74 | 14,435.98 | 27,441.43 |
| LIABILITIES | |||
| Non-current liabilities | |||
| Financial liabilities | |||
| Borrowings | 50,050.46 | 46,147.19 | 19,005.38 |
| Lease liabilities | 1,069.54 | 889.35 | 1044.37 |
| Other financial liabilities | 225.42 | 46.19 | 11.40 |
| Provisions | 89.02 | 126.59 | 128.61 |
| Deferred tax liabilities (net) | 2,839.24 | 2,936.37 | 3,333.20 |
| Other non-current liabilities | 29.81 | 2.44 | 0.79 |
| 54,303.49 | 50,148.13 | 23,523.75 | |
| Current liabilities | |||
| Financial liabilities | |||
| Borrowings | 664.46 | 498.46 | 12668.87 |
| Lease liabilities | 1,561.60 | 1,662.96 | 1,537.67 |
| Trade payables | |||
| total outstanding dues of micro and small enterprises | 37.57 | 38.80 | 85.87 |
| total outstanding dues of creditor other than micro and small enterprises | 9,313.02 | 10,830.47 | 11,348.91 |
| Other financial liabilities | 4,384.09 | 3,637.36 | 4,136.74 |
| Provisions | 82.27 | 75.97 | 76.94 |
| Current tax liabilities (net) | 162.86 | 55.85 | 543.36 |
| Other current liabilities | 2,989.22 | 3,138.98 | 3,741.78 |
| 19,195.09 | 19,938.85 | 34,140.14 | |
| Liabilities directly associated with assets held for sale | – | – | 2,405.16 |
| Total liabilities | 73,498.58 | 70,086.98 | 60,069.05 |
| Total equity and liabilities | 79,324.32 | 84,522.96 | 87,510.48 |
Oravel Stays Limited (OYO) Profit & Loss Statement (In Rs. Millions)
| PARTICULARS | 2023 | 2022 | 2021 |
| INCOME | |||
| Revenue from contracts with customers | 54,639.45 | 47,813.62 | 39,616.49 |
| Other income | 1,377.59 | 1,233.82 | 1,957.37 |
| Total income | 56,017.04 | 49,047.44 | 41,573.86 |
| EXPENSES | |||
| Operating expenses | 31,372.76 | 28,738.22 | 27,786.89 |
| Employee benefits expense | 15,488.40 | 18,617.78 | 17,421.21 |
| Finance cost | 6,815.80 | 7,457.10 | 5,599.42 |
| Depreciation and amortization expense | 2,802.85 | 2,988.34 | 3,918.05 |
| Other expenses | 11,517.14 | 12,051.77 | 14,695.04 |
| Total expenses | 67,996.95 | 69,853.21 | 69,360.75 |
| Loss before share of profit/(loss) in joint ventures, exceptional items and tax from continuing operations | -11,979.91 | -20,805.77 | -27,786.89 |
| Share of profit/(loss) after tax in joint ventures (net) | 171.17 | -107.12 | -2549.41 |
| Loss before exceptional items and tax from continuing operations | -11,808.74 | -20,912.89 | -30,336.30 |
| Exceptional items | 1,054.05 | 276.06 | 10010.90 |
| Loss before tax from continuing operations | -12,862.79 | -21,188.95 | -40,347.20 |
| Tax expense: | |||
| Current tax | 383.55 | 568.58 | 462.84 |
| Deferred tax | -381.16 | -340.91 | -25.39 |
| Income tax expense | 2.39 | 227.67 | 437.45 |
| Loss for the year from continuing operations | -12,865.18 | -21,416.62 | 40,784.65 |
| DISCONTINUED OPERATIONS | |||
| Profit from discontinued operations | – | 2,000.99 | 1,416.35 |
| Loss for the year | -12,865.18 | -19,415.63 | -39,638.30 |
| Other comprehensive income, net of tax | |||
| Other comprehensive income/ (expense) not to be reclassified to profit or loss in subsequent periods | |||
| Net (loss)/ gain on equity instruments through Other Comprehensive Income | -84.76 | 114.47 | – |
| Re-measurement gain on defined benefit plans | 35.78 | 4.79 | 4.71 |
| Income tax | – | – | |
| Other comprehensive income/(expense) to be reclassified to profit or loss in subsequent periods | |||
| Exchange differences on translation of financial statements of foreign operations (net) | 404.58 | 831.5 | -1353.17 |
| Exchange difference on net investment in foreign operation (net) | -1,131.45 | -785.29 | – |
| Exchange differences on translation of foreign operations of discontinued operations | – | -107.21 | 1499.93 |
| Income tax | – | – | – |
| Total other comprehensive (loss)/ income, net of tax | -775.85 | 58.26 | 151.47 |
| Total comprehensive loss for the year, net of tax | -13,641.03 | -19,357.37 | -39,216.83 |
| Loss is attributable to: | |||
| Equity holders of the Parent | -11,718.63 | -18,939.52 | -33,661.44 |
| Non-controlling interest | -1,146.55 | -476.11 | -5706.86 |
| -12,865.18 | -19,415.63 | -39,368.30 | |
| Other comprehensive income is attributable to: | |||
| Equity holders of the Parent | -1,086.89 | 416.08 | 449.05 |
| Non-controlling interest | 311.04 | -357.82 | -297.58 |
| -775.85 | 58.26 | 151.47 | |
| Total comprehensive income is attributable to: | |||
| Equity holders of the Parent | -12,805.52 | -18,523.44 | -33,212.39 |
| Non-controlling interest | -835.51 | -833.93 | 6004.44 |
| -13,641.03 | -19,357.37 | 39,216.83 | |
| Earning per share from continuing operations (in INR) | |||
| Face value of share INR 1 | |||
| Basic | -1.93 | -3.51 | -6.23 |
| Diluted | -1.93 | -3.51 | -6.23 |
| Earning per share from discontinued operations (in INR) | |||
| Face value of share INR 1 | |||
| Basic | – | 0.37 | 0.63 |
| Diluted | – | 0.37 | 0.63 |
| Earning per share from continuing and discontinued operations (in INR) | |||
| Face value of share INR 1 | |||
| Basic | -1.93 | -3.14 | -5.60 |
| Diluted | -1.93 | -3.14 | -5.60 |
Oravel Stays Limited (OYO) Consolidated Cash Flow Statement (In Rs. Millions)
| PARTICULARS | 2023 | 2022 | 2021 |
| Cash flow from operating activities: | |||
| Loss for the year from continuing operations | -12,862.79 | -21,188.95 | -40,347.20 |
| Profit from discontinued operation | – | 2,000.99 | 1,416.35 |
| Adjustment to reconcile loss before tax to net cash flows | |||
| Depreciation and amortisation expenses | 2,802.85 | 3,131.44 | 6,754.63 |
| (Profit)/ loss on sale of property, plant and equipment (net) | -26.19 | 4.70 | 101.27 |
| Gain on lease modifications/termination of lease contracts (net) | -26.44 | -52.29 | 451.62 |
| Reversal for expected credit loss | -166.31 | -73.33 | 1213.84 |
| Bad debts/advances w/off | – | 476.35 | |
| Fair value loss/ (gain) on financial instruments at fair value through profit or loss | 34.83 | -225.72 | -43.85 |
| Interest income on security deposits | -36.54 | -3.96 | -12.66 |
| Profit on sale of current investments | -106.09 | -55.88 | -154.87 |
| Interest income | -500.83 | -172.48 | -615.87 |
| Employee stock option compensation | 5,021.02 | 6,471.30 | 1,536.10 |
| Interest expense | 6,733.07 | 5,612.53 | 5,641.01 |
| Share of profit/(loss) in joint venture | -171.17 | 107.12 | 2549.41 |
| Gain on fair valuation of interest in joint venture | – | – | -44.35 |
| Provision/liabilities no longer required written back | -44.67 | -174.71 | – |
| Interest on lease receivable | -23.18 | -10.18 | – |
| Exchange difference | -256.20 | -471.73 | -733.68 |
| Disposal of non-controlling interest | – | -2,432.26 | – |
| Exchange differences regarded as an adjustment to borrowing costs | – | 1,766.17 | – |
| Impairment of goodwill | – | – | 362.67 |
| Reversal of impairment of right of use assets | -66.72 | – | 28.92 |
| Exception items | 2,338.84 | 16.31 | 810.9 |
| 2,643.48 | -5,750.93 | -20,613.01 | |
| Movements in working capital : | |||
| Decrease in trade payables | -3,305.12 | -1,476.40 | -13,742.24 |
| Decrease in other non-financial liabilities | -252.29 | -713.75 | -855.13 |
| Increase in provisions | -67.61 | 1.80 | -202.31 |
| (Decrease) in other financial liabilities | -1,530.91 | -39.49 | -656.14 |
| Decrease/ (increase) in other financial assets | 1,196.08 | -1,124.77 | 4,178.54 |
| Decrease in other non-financial assets | 1,153.25 | 2,101.60 | 3,523.52 |
| Decrease in inventories | – | 78.10 | 156.48 |
| Decrease/ (increase) in trade receivables | 1,916.10 | -1,277.25 | 4,417.24 |
| Cash generated from/ (used in) operations | 1,752.97 | -8,201.09 | -23,792.95 |
| Taxes paid (net of refund) | -334.62 | -1,017.94 | -533.38 |
| Net cash generated from/ (used in) operating activities (A) | 1,418.35 | -9,219.03 | -24,326.33 |
| Investing activities | |||
| Purchase of property, plant and equipment (including intangibles, capital advance, and CWIP) | -810.04 | -724.71 | -911.14 |
| Proceeds from sale of property, plant and equipment | 64.76 | 55.69 | 102.47 |
| Purchase of investments | -6,821.88 | -8,781.07 | -71,413.86 |
| Proceed from sale of investments | 7,974.22 | 8,780.02 | 85,044.80 |
| Acquisition of subsidiaries, net of cash acquired | -982.26 | -240.12 | 2019.24 |
| Interest received | 356.08 | 176.89 | 623.33 |
| Receipt on transaction with shareholders of joint venture | – | 1,306.91 | – |
| Investment in fixed deposit (having maturity more than 3 and 12 months) | -653.35 | -8,525.13 | – |
| Proceed from fixed deposit (having maturity more than 3 and 12 months) | 6,979.97 | ||
| Foreign exchange movement in investing activities (net) | -215.78 | 839.91 | -1351.62 |
| Net cash flow used in investing activities (B) | -1,088.25 | -7,111.61 | 17,055.71 |
| Financing activities | |||
| Proceeds from issuance of equity share capital | 9.77 | 223.63 | – |
| Proceeds from issuance of preference share capital | – | 343.77 | 609.25 |
| Payment made for settlement of share warrant | – | -285.00 | – |
| Interest expense | -5,880.45 | -5,921.20 | -5,285.26 |
| Proceeds from long term borrowings | – | 44,367.27 | 5,662.55 |
| Repayment of long term borrowings | -529.46 | -19,379.20 | – |
| Principal repayment of lease liabilities | -691.30 | -733.45 | -2733.5 |
| Interest on lease liabilities | -166.79 | -186.12 | -368.23 |
| Proceeds from short term borrowings | – | 484.14 | – |
| Repayment of short term borrowings | -7.75 | -12,654.55 | -1,422.53 |
| Foreign exchange movement in financing activities (net) | 218.76 | 775.85 | -233.47 |
| Net cash flow (used in)/ from financing activities (C) | -7,047.22 | 7,035.14 | -4,771.19 |
| Net (decrease) in cash and cash equivalents (A+B+C) | -6,717.11 | -9,295.50 | -12,040.81 |
| Cash and cash equivalents at the beginning of the year | 14,304.13 | 22,617.76 | 34,695.67 |
| Transferred of cash and cash equivalent pursuant to disposal of subsidiaries | – | 972.28 | – |
| Effect of exchange rate on cash and cash equivalents | 377.87 | 9.59 | 17.1 |
| Cash and cash equivalents at the end of the year | 7,964.88 | 14,304.13 | 22,817.78 |
Let ‘s break down the Cash Flow Statement of OYO for the years 2023, 2022, and 2021, activity-wise:
Cash Flow from Operating Activities:
Loss for the Year from Continuing Operations:
In 2023, the company incurred a loss of 12,862.79 from its continuing operations, showing an improvement compared to the larger losses in the previous years.
Profit from Discontinued Operation:
The year 2022 saw a profit of 2,000.99 from discontinued operations, a positive impact on cash flow. In 2021, a similar profit of 1,416.35 was recorded.
Adjustments to Reconcile Loss Before Tax:
Various adjustments include depreciation, gain/loss on asset sales, reversal for expected credit loss, and employee stock option compensation. In 2023, these adjustments contributed positively to the cash flow.
Movements in Working Capital:
The company experienced a decrease in trade payables, positively impacting cash flow. However, increases in provisions and certain assets had a negative effect. The net cash generated from operations improved in 2023.
Taxes Paid (Net of Refund):
Net taxes paid decreased in 2023, indicating a lower tax outflow compared to the previous years.
Net Cash Generated from/(Used in) Operating Activities (A):
In 2023, the net cash generated from operating activities improved to 1,418.35, indicating a healthier operational performance.
Investing Activities:
Purchase/Sale of Property, Plant, and Equipment:
The company invested in and divested from property, plant, and equipment in all three years, with net cash outflows in 2023 due to a higher purchase amount.
Purchase/Sale of Investments:
Significant investments and divestments in 2023 resulted in a net outflow, whereas the company had positive cash flow from investment activities in 2021.
Acquisition of Subsidiaries, Interest Received, etc.:
Various investment activities, including the acquisition of subsidiaries and interest received, contributed to the overall cash flow.
Net Cash Flow Used in Investing Activities (B):
While 2021 saw a significant net inflow from investing activities, 2023 and 2022 had net outflows, primarily due to substantial investments in property, plant, equipment, and acquisitions.
Financing Activities:
Proceeds/Repayments from Borrowings:
The company raised capital through equity and preference share issuance. Long-term borrowings and repayments, along with lease liabilities and short-term borrowings, significantly influenced cash flow.
Net Cash Flow (Used in)/From Financing Activities (C):
In 2023, there was a net cash outflow from financing activities, primarily due to interest expenses, repayments of borrowings, and other financial obligations. 2022 showed a net inflow, driven by the issuance of equity and preference share capital.
Overall:
Net (Decrease) in Cash and Cash Equivalents (A+B+C):
The net decrease in cash and cash equivalents improved in 2023, reflecting better overall financial management. The company experienced negative cash flow in the previous two years.
Cash and Cash Equivalents at the End of the Year:
Despite the net decrease, the company maintained a positive cash balance, ending 2023 with 7,964.88 in cash and cash equivalents.
Other Considerations:
The cash and cash equivalents at the beginning of the year, along with the effects of exchange rates, played a role in determining the closing balance.
OYO Financial Ratios for the year 2023:
| Particulars | 2023 |
| EBITDA | 28.50 % |
| Networth | 0.26 % |
| Return on Equity | -0.0302 |
| Total Assets | 0.01 % |
| Fixed Assets | 60,087.87 % |
| Current Assets | -14.22 % |
| Current Liabilities | -22.16 % |
| Trade Receivables | 20.32 % |
| Trade Payables | -100.00 % |
| Current Ratio | 10.74 |
Let’s break down and analyze each of these financial indicators of OYO for the year 2023:
EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization): 28.50%
This represents the company ‘s EBITDA as a percentage of its total revenue. EBITDA is a measure of operating performance.
Net Worth: 0.26%
Net worth, also known as shareholders ‘ equity, is the difference between a company ‘s assets and liabilities. A net worth of 0.26% indicates a relatively low level compared to the total assets.
Return on Equity (ROE): -0.0302
ROE measures a company ‘s profitability by revealing how much profit it generates with shareholders ‘ equity. A negative ROE (-0.0302) suggests a loss on equity, which may indicate financial challenges.
Total Assets: 0.01%
This percentage represents the company ‘s total assets relative to its total revenue. It ‘s a measure of asset efficiency.
Fixed Assets: 60,087.87%
Fixed assets are long-term assets with a useful life of more than one year. A percentage of 60,087.87% seems unusually high and may need further investigation or clarification.
Current Assets: -14.22%
Current assets include cash, accounts receivable, and inventory. A negative percentage may indicate a discrepancy or unusual financial structure.
Current Liabilities: -22.16%
Current liabilities are obligations due within one year. A negative percentage suggests potential issues with data reporting or financial structure.
Trade Receivables: 20.32%
Trade receivables represent the amounts owed to the company by its customers. A percentage of 20.32% indicates the proportion of trade receivables compared to total assets.
Trade Payables: -100.00%
A trade payable of -100% is unusual and may need clarification. Trade payables typically represent amounts a company owes to its suppliers.
Current Ratio: 10.74
The current ratio is a liquidity ratio that measures a company ‘s ability to cover its short-term obligations with its short-term assets. A ratio of 10.74 suggests a strong ability to cover short-term liabilities.
Dividend History of Oravel Stays Limited (OYO):
| Particulars | 2023 | 2022 | 2021 |
| Dividend (final + interim) (In Rs.) | – | – | – |
