Omaxe Ltd
About
Omaxe was established in 1987 by Rohtas Goel as a construction and contracting business. Since then, its portfolio comprises townships, group housing, malls, hotels, shop-cum-offices, and more. Since its first project of developing executive floors in Gurugram in 2001, the company has gone on to contribute to marquee projects like the Omaxe Connaught Place, winner of the ‘best upcoming mall in India’ title, and Omaxe Chowk, a public-private partnership project with the Government of India. Omaxe can be found in 31 cities across 8 states in India, including Punjab, Uttar Pradesh, Madhya Pradesh, Uttarakhand, and Delhi. Under the leadership of Mohit Goel, it is working on 4 group housing, 5 commercial spaces, and 14 township projects. The company’s net worth in 2020 was calculated to be ₹1,638 cr. in 2020.
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Financial Data 2024
Financial Data
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 1398 -18.9% | 1725 42.1% | 1214 53.8% | 790 -42.9% | 1382 -39.9% | 2299 -4.2% | 2399 20.6% | 1989 18.6% | 1677 -31.3% | 2441 31.2% | 1861 -9.5% | 2057 -3.3% | 2128 24.0% | 1716 69.1% | 1015 24.5% | 815 - |
| Net Operating Income (INR Cr) | 1614 108.75% | 773 25.17% | 618 29.87% | 476 -57.58% | 1121 -3.86% | 1167 -36.57% | 1839 13.05% | 1627 17.39% | 1386 -3.17% | 1431 -11.83% | 1623 -21.87% | 2078 12.38% | 1849 21.15% | 1526 52.41% | 1001 25.34% | 799 -64.99% |
| Profit (INR Cr) | -403 - | -348 - | -160 - | -235 - | -97 - | 49 -41.7% | 84 -17.7% | 102 33.0% | 77 27.8% | 60 -23.5% | 79 -25.7% | 106 16.9% | 90 -2.5% | 93 -17.6% | 113 140.9% | 47 - |
| Assets (INR Cr) | 1898 -21.4% | 2416 -11.4% | 2726 -14.6% | 3193 -10.5% | 3566 -5.8% | 3786 -10.1% | 4210 -5.5% | 4455 7.4% | 4150 14.6% | 3621 2.5% | 3531 8.5% | 3256 1.6% | 3203 -2.9% | 3299 -2.9% | 3396 -1.9% | 3462 - |
| Net Worth (INR Cr) | 480 -46.5% | 898 -27.9% | 1245 -11.4% | 1405 -14.3% | 1639 -5.9% | 1740 -20.8% | 2197 3.7% | 2119 4.3% | 2030 2.7% | 1977 2.5% | 1929 3.8% | 1859 5.0% | 1770 5.5% | 1678 6.0% | 1582 7.0% | 1478 4.5% |
| Employee Cost (INR Cr) | 139 1.1% | 138 26.0% | 109 50.0% | 73 -28.3% | 102 0.0% | 102 18.0% | 86 10.4% | 78 -0.9% | 79 -5.3% | 83 -16.5% | 100 -0.5% | 100 23.0% | 81 136.0% | 34 -26.7% | 47 -12.9% | 54 - |
| Interest Cost (INR Cr) | 130 | 113 | 121 | 161 | 108 | 74 | 169 | 155 | 147 | 144 | 131 | 126 | 132 | 105 | 102 | 108 |
| Cash & Bank Balance (INR Cr) | 540 | 493 | 301 | 275 | 203 | 243 | 263 | 223 | 261 | 241 | 243 | 247 | 196 | 165 | 176 | 140 |
| Total Debt (INR Cr) | 679 | 1007 | 1043 | 1457 | 1609 | 1803 | 1756 | 1503 | 1329 | 1096 | 1049 | 1082 | 1105 | 1342 | 1814 | 1983 |
Key Financial Ratios
| PARAMETERS | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | - | - | - | - | - | 2.1% | 3.5% | 5.1% | 4.6% | 2.5% | 4.2% | 5.1% | 4.3% | 5.4% | 11.1% | 5.7% |
| Profit As % Of Assets | - | - | - | - | - | 1.3% | 2.0% | 2.3% | 1.9% | 1.7% | 2.2% | 3.3% | 2.8% | 2.8% | 3.3% | 1.4% |
| Profit As % Of Networth | - | - | - | - | - | 2.8% | 3.8% | 4.8% | 3.8% | 3.0% | 4.1% | 5.7% | 5.1% | 5.5% | 7.1% | 3.2% |
| Interest Cost to EBITDA % | - | - | - | - | 56.7% | 58.0% | 65.1% | 54.5% | 60.6% | 61.3% | 57.9% | 54.1% | 56.2% | 47.9% | 51.9% | 73.1% |
| Debt to Equity Ratio | 1.41 | 1.12 | 0.84 | 1.04 | 0.98 | 1.04 | 0.80 | 0.71 | 0.65 | 0.55 | 0.54 | 0.58 | 0.62 | 0.80 | 1.15 | 1.34 |
| RONW | - | - | - | - | - | 2.5% | 4.0% | 5.1% | 3.8% | 3.1% | 4.2% | 5.8% | 5.2% | 5.7% | 7.4% | 3.2% |
| ROCE | 0.0% | 0.0% | 0.0% | -4.3% | 4.3% | 3.8% | 7.2% | 7.8% | 7.4% | 7.1% | 7.3% | 7.8% | 7.7% | 7.0% | 6.0% | 4.5% |