Omaxe Limited — Cyborg Score 5/10

Mixed
Real Estate Development (Residential, Commercial, Retail, PPP Projects)

Strategic Profile

Omaxe focuses on community development in Tier 2 and Tier 3 cities, leveraging public infrastructure for better real estate. The company has expanded into 31 cities across 8 states with marquee projects like Omaxe Connaught Place (best upcoming mall in India) and Omaxe Chowk (a PPP model project). Its portfolio spans contractual construction, township development, commercial complexes, and multi-storied apartments, positioning it as a diversified regional real estate player.

Cyborg Score Rationale

Recent Q2 results show net loss of 1.7B INR (improved from 2.39B INR YoY) and revenue decline to 3.2B INR from 3.89B INR YoY, indicating operational challenges despite historical delivery track record. The company has long operational history but faces near-term profitability headwinds typical of cyclical real estate developer.

Top Insights

  • Delivered approximately 132 Mn. Sq. Ft. (12.26 Mn. Sq. Mtr.) of developed areas since inception through FY 2022-23
  • Company acquiring 100% equity in Next10 Realbuild and Next10 Land Developers for strategic growth in real estate
  • Subsidiary received RERA registrations for Omaxe Residences and SCO Phase-3 Extension Faridabad, expanding pipeline
  • Entered agreement to sell 40% equity stake in Aquarise Developers, indicating portfolio optimization and capital management

Named Competitors

  • Residential & Commercial Real Estate — India's largest real estate developer
  • Integrated Real Estate Solutions — Premium residential and commercial developer
  • Regional Real Estate Development — South India-focused developer

Recent Developments

  • (Feb 2026) Subsidiary acquired RERA registrations for two major residential projects in Faridabad
  • (Feb 2026) Allotted senior secured NCDs aggregating Rs 5 crore with 12% committed return
  • (Dec 2025) Q2 FY2026 results show net loss improvement but revenue decline YoY
  • (Nov 2025) Planned acquisition of 100% stakes in Next10 Realbuild subsidiaries for strategic expansion

Open the full interactive Omaxe Limited report

Strategic research, analyst-debate audio, full Cyborg Score breakdown across 11 dimensions, and saved-company audio playlists.

Open report →