Oberoi Realty Share Price: 12.2% CAGR in 3 Years Edges Past Lodha and DLF

Oberoi Realty previous close Rs 1,775. 3-year CAGR 12.2%. Up 1.4x since 9 Nov 2023. ROE 13.78%. Market cap Rs 65,063 crore.

The Oberoi Realty share price offers a useful look at how premium Mumbai property developers have performed. Oberoi Realty, the Mumbai-based developer known for luxury and premium residential projects, commercial assets and hospitality, has edged ahead of both Lodha Developers and DLF over three years.

This article calculates the three-year CAGR for Oberoi Realty, Lodha Developers and DLF and compares market cap, valuation, return on equity and debt. All prices are adjusted for corporate actions so the comparison is like for like.

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How Much Has the Oberoi Realty Share Price Returned in 3 Years?

The Oberoi Realty stock closed at Rs 1,256.30 on 9 November 2023 and at Rs 1,775.00 on 9 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 1.41 lakh, which is a CAGR of 12.2%. This is a price return and leaves out dividends.

CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Oberoi Realty can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.

The Oberoi Realty share price has also followed the strong demand for premium and luxury housing in Indian cities, where buyers have shown a preference for larger homes from established developers.

Oberoi Realty vs Lodha Developers and DLF: 3-Year CAGR Compared

The table ranks the companies by three-year CAGR. Prices on 9 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 9 November 2026.

Company	Close on 9 Nov 2023	Previous close (9 Nov 2026)	Price multiple	3-year CAGR
Oberoi Realty	Rs 1,256.30	Rs 1,775.00	1.4x	12.2%
Lodha Developers	Rs 849.35	Rs 1,195.00	1.4x	12.1%
DLF	Rs 600.70	Rs 755.00	1.3x	7.9%

The Oberoi Realty stock leads the group at 12.2%, followed by Lodha Developers at 12.1% and DLF at 7.9%. Oberoi Realty and Lodha Developers sit very close together at the top, and DLF, the largest of the three by market cap, trails with a lower CAGR on a much larger base of capital.

Look at the Oberoi Realty share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.

Valuation and Quality Compared

Company	Market cap	P/E	Industry P/E	ROE	Debt to equity
DLF	Rs 1,86,725 crore	40.89	34.08	10.02%	0.01
Lodha Developers	Rs 1,19,440 crore	27.44	34.08	17.20%	0.41
Oberoi Realty	Rs 65,063 crore	24.73	34.08	13.78%	0.14

By market cap, DLF is the largest of the group at Rs 1,86,725 crore, while the Oberoi Realty stock stands at Rs 65,063 crore, about 35% of that size. On earnings, Oberoi Realty shares trade at a P/E of 24.73 against an industry P/E of 34.08, a discount of about 27% to the sector, which leaves room if earnings keep growing. Peer multiples are Lodha Developers at 27.44 and DLF at 40.89.

Return on equity is 13.78% for the Oberoi Realty stock, which ranks second among the three, and debt to equity stands at 0.14. Trailing EPS is Rs 72.36. Real estate developers are valued on pre-sales, land bank and cash flow, so P/E should be read together with return on equity and debt.

What Is Driving the Oberoi Realty Stock?

Oberoi Realty develops luxury and premium residential towers, commercial offices, retail malls and hotels, mainly in Mumbai. The company is known for a low debt balance sheet and a focus on projects in established locations.

Property developers book revenue as projects progress, so earnings can be uneven from quarter to quarter. A mix of residential sales and rental income gives a more stable base than pure development.

Followers of the Oberoi Realty share price usually track pre-sales, new launches, rental income from commercial assets and progress on land parcels.

How the Established Players Stack Up

Lodha Developers is a Mumbai-based developer of residential and commercial projects, and it is one of the largest residential developers in India by sales. It compounded at 12.1% a year, on a market cap of Rs 1,19,440 crore and an ROE of 17.20%.

DLF is a Gurugram-based developer with a large land bank and a significant rental portfolio, and it is among the largest listed real estate companies in India. It compounded at 7.9% a year, on a market cap of Rs 1,86,725 crore and an ROE of 10.02%.

What Should Investors Track Next?

Three things are worth watching on the Oberoi Realty share price. First, pre-sales and the pace of new launches. Second, rental income from commercial and retail assets. Third, the cost and availability of land for future projects.

At a P/E of 25, the stock trades below the sector average. Real estate earnings can be uneven and depend on interest rates and demand, so size any position with that in mind.

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How to Compare Real Estate Stocks Yourself

You can repeat this exercise for any pair of stocks, including the Oberoi Realty stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.

A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Oberoi Realty share price, the same four checks give a more complete picture than price alone.

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A Premium Developer With a Strong Balance Sheet

The Oberoi Realty share price compounded at 12.2% a year over three years, just ahead of Lodha at 12.1% and DLF at 7.9%. Its ROE of 13.78% and a debt to equity of 0.14 reflect a low debt balance sheet.

DLF brings the largest scale and a rental portfolio, Lodha brings a higher ROE and a large residential pipeline, and Oberoi Realty brings a premium Mumbai focus. The choice depends on the exposure you prefer.

Frequently Asked Questions

What is the Oberoi Realty share price today?

Ans. Oberoi Realty closed at Rs 1,775 on 9 November 2026, according to NSE data. It has a market cap of Rs 65,063 crore and a P/E of 24.73. Check live quotes before acting, as prices change every trading day.

What is the 3-year CAGR of the Oberoi Realty stock?

Ans. Oberoi Realty delivered a price CAGR of 12.2% over three years, moving from Rs 1,256.30 on 9 November 2023 to Rs 1,775.00 on 9 November 2026. The figure excludes dividends and uses adjusted closing prices.

Is Oberoi Realty better than DLF?

Ans. The Oberoi Realty stock delivered a higher three-year CAGR at 12.2% than DLF at 7.9%. DLF is larger by market cap at Rs 1,86,725 crore, while Oberoi Realty has the higher ROE at 13.78% against 10.02%. The better choice depends on whether you prefer scale or a premium Mumbai focus.

What does Oberoi Realty do?

Ans. Oberoi Realty is a Mumbai-based real estate developer that builds luxury and premium residential projects, commercial offices, retail malls and hotels.

Is the Oberoi Realty stock debt free?

Ans. The debt to equity ratio of the Oberoi Realty stock is 0.14 and its return on equity is 13.78%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.

Is Oberoi Realty expensive compared with the industry?

Ans. Oberoi Realty trades at a P/E of 24.73 against an industry P/E of 34.08. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.

Which real estate stock gave the highest return in 3 years?

Ans. Among the companies compared here, Oberoi Realty delivered the highest three-year CAGR at 12.2%, followed by Lodha Developers at 12.1%. Past returns do not guarantee future performance.

How do I calculate CAGR for a stock?

Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.