Prism, OYO’s parent, reports FY26 revenue of ₹9,358 crore and net profit of ₹994 crore
Prism reported FY26 revenue of ₹9,358 crore, EBITDA of ₹2,594 crore and net profit of ₹994 crore. Revenue rose nearly 50%, while profit increased more than four-fold, aided by a ₹678 crore deferred-tax credit.
What happened
Prism (OYO parent) · OYO parent Prism reported FY26 revenue of Rs 9,358 crore, EBITDA of Rs 2,594 crore and net profit of Rs 994 crore, aided by a Rs 678 crore
Key facts
- FY26 revenue: Rs 9,358 crore
- FY26 EBITDA: Rs 2,594 crore
- FY26 net profit: Rs 994 crore
- Deferred-tax credit: Rs 678 crore
- Revenue growth: nearly 50%
- Net profit growth: more than four-fold
- TILT fund size: Rs 250 crore
- TILT cheque size: Rs 2-16 crore
- InstaAstro Series A: $12 million
- Omega Seiki Mobility funding: Rs 50 crore
- TrucksUp funding: $8.2 million
Why this matters
Prism’s stronger revenue base and EBITDA profile improve its strategic flexibility for partnerships or acquisitions, although counterparties will scrutinize underlying earnings excluding tax benefits.
What to watch
- FY27 revenue growth and whether EBITDA margin holds or expands.
- Operating cash flow, free cash flow and any change in net debt or financing costs.
- Recurring profit excluding tax credits and other non-operating items.
- Hotel storefront additions, partner churn, occupancy, average daily rates and repeat guest demand.
- Any IPO, refinancing, ratings action or new institutional fundraising.
- Evidence of higher commissions or franchise fees and resulting hotel-owner disputes.
- Emphasise adjusted profit, operating cash flow and EBITDA margin in subsequent disclosures to separate recurring performance from the tax credit.
- Use stronger earnings momentum to refinance liabilities, improve credit terms or revive strategic capital-market discussions.
- Prioritise expansion in higher-margin managed, premium and long-stay inventory rather than relying solely on low-cost franchise supply.
- Increase partner-retention incentives and service quality controls if monetisation pressure rises.
Also reported by
- YourStory · Capital — Same time