Results · Commerce & Consumer Brands

OYO reports strong FY26 results ahead of IPO

By Startup Enthusiast · 27 August 2026

What they do

OYO runs an asset-light hotel network across 35 countries

FY26 net profit rose 306% to ₹994.2 Cr on higher revenue

The company filed an Updated Draft Red Herring Prospectus for an IPO to raise up to ₹6,650 Cr

OYO reported a 306% year-on-year increase in FY26 net profit.
Net profit reached ₹994.2 Cr, up from ₹244.8 Cr in the previous year.
Operating revenue grew approximately 50% to ₹9,358 Cr during FY26.
Gross booking value (GBV) surged 88.5% to ₹30,683 Cr.
EBITDA more than doubled to ₹2,594 Cr, maintaining profitability for four years.
The company filed an Updated Draft Red Herring Prospectus for its initial public offering.
The proposed fresh issue size is up to ₹6,650 Cr.
IPO proceeds will be used to repay debt and reduce borrowings.

OYO operates an asset-light model across 35 countries.
It manages over 175k+ hotels and homes globally.
The platform has hosted 100mn+ guests since its inception.
Direct channels accounted for 67% of room nights in FY26.
Revenue mix shifted towards premium brands and Company Serviced Hotels.
The company launched the CheckIn app to boost direct bookings.
Europe is a key market with listings via the Belvilla brand.
Centralized operations support international markets without local corporate infrastructure.