OYO parent PRISM posts 4X FY26 profit as revenue rises 50%, advances IPO plans

PRISM reported FY26 PAT of Rs 994 crore versus Rs 245 crore a year earlier, while revenue from operations rose to Rs 9,358 crore. EBITDA reached Rs 2,594 crore and GBV grew 88.5% to Rs 30,683 crore, aided by G6 Hospitality. The company is planning a fresh IPO issue of up to Rs 6,650 crore.

— Source publishedThu, 27 Aug, 2026, 17:01 IST·First seen Thu, 27 Aug, 2026, 17:02 IST·Source Entrackr · Newsletter

What happened

PRISM (OYO parent company) · OYO parent PRISM reported FY26 PAT of Rs 994 crore, four times FY25, as revenue rose 50% to Rs 9,358 crore. GBV grew 88.5%, aided

Key facts

  • FY26 PAT: Rs 994 crore, up from Rs 245 crore in FY25
  • FY26 revenue from operations: Rs 9,358 crore, up from Rs 6,353 crore
  • FY26 EBITDA: Rs 2,594 crore
  • Deferred tax credit: Rs 678 crore
  • Interest expenses: Rs 1,414 crore
  • GBV: Rs 30,683 crore, up 88.5% YoY
  • Proposed fresh IPO issue: up to Rs 6,650 crore

Why this matters

G6 Hospitality’s contribution to 88.5% GBV growth validates PRISM’s inorganic expansion strategy and may sharpen its appetite for further platform-accretive deals.

What to watch

  • IPO filing timeline, proposed valuation range, anchor-investor demand and final use of fresh-issue proceeds.
  • Whether FY27 revenue and EBITDA growth remains strong after the G6 acquisition anniversary effect.
  • G6 property retention, US occupancy and RevPAR trends, integration expenses and realized cost synergies.
  • Operating cash flow, debt reduction, working-capital movement and any gap between reported EBITDA and free cash flow.
  • Regulatory, litigation and governance disclosures in IPO documents, including related-party transactions and shareholder structure.
  • Advance IPO documentation for a fresh issue of up to Rs 6,650 crore, emphasizing use of proceeds, balance-sheet improvement and growth investment.
  • Increase disclosure around G6 Hospitality integration, segment profitability, occupancy, ADR/RevPAR, franchise economics and cash generation.
  • Prioritize cross-selling, technology migration and procurement synergies across OYO and G6 properties to defend EBITDA margins.
  • Use improved profitability to negotiate better financing terms and reduce investor concerns about leverage, dilution and governance ahead of listing.

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