Phoenix Mills vs Oberoi Realty: share price, P/E, ROE and financials compared
Phoenix Mills
Oberoi Realty
Phoenix Mills and Oberoi Realty at a glance
Phoenix Mills and Oberoi Realty are both listed in Realty. Phoenix Mills is the larger by market cap, at ₹77,079 Cr against ₹63,230 Cr for Oberoi Realty (1.2 times as large). On valuation, Oberoi Realty has the lower P/E (24.0× against 59.0×) and the lower price-to-book (3.31× against 8.47×). On returns and margins, Phoenix Mills has the higher operating margin (60.2% against 57.5%), while Oberoi Realty has the higher ROCE (16.7% against 11.8%) and the higher ROE (14.7% against 12.9%). Over three years, Phoenix Mills has faster 3-year sales growth (+18.4% against +12.9% a year), while Oberoi Realty has faster 3-year profit growth (+9.6% against −2.9% a year). Oberoi Realty carries less debt for its equity, with a debt-to-equity of 0.14× against 0.54×.
Key metrics, side by side
| Metric | Phoenix MillsPHOENIXLTD | Oberoi RealtyOBEROIRLTY |
|---|---|---|
| Price (₹) | 2,154.90 | 1,739.00 |
| Market cap (₹ Cr) | 77,079 | 63,230 |
| P/E | 59.0× | 24.0× (the lower figure, shaded) |
| P/B | 8.47× | 3.31× (the lower figure, shaded) |
| Dividend yield, trailing | 0.12% | 0.46% (the higher figure, shaded) |
| ROE | 12.9% | 14.7% (the higher figure, shaded) |
| ROCE | 11.8% | 16.7% (the higher figure, shaded) |
| Operating margin (OPM) | 60.2% (the higher figure, shaded) | 57.5% |
| Net margin (NPM) | 28.4% | 42.3% (the higher figure, shaded) |
| Sales CAGR 3Y | +18.4% (the higher figure, shaded) | +12.9% |
| Profit CAGR 3Y | −2.9% | +9.6% (the higher figure, shaded) |
| Debt to equity | 0.54× | 0.14× (the lower figure, shaded) |
| Interest cover | 6.3× | 15.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 1,302 | 2,631 |
| 1Y return | +20.3% (the higher figure, shaded) | −2.2% |
| Promoter holding | – | – |
Phoenix Mills vs Oberoi Realty: common questions
Which is bigger, Phoenix Mills or Oberoi Realty?
By market cap, Phoenix Mills is bigger at ₹77,079 Cr, against ₹63,230 Cr for Oberoi Realty (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹1,302 Cr for Phoenix Mills and ₹2,631 Cr for Oberoi Realty.
Which has a lower P/E ratio, Phoenix Mills or Oberoi Realty?
Phoenix Mills trades at a P/E of 59.0× and Oberoi Realty at 24.0×. Oberoi Realty has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Phoenix Mills or Oberoi Realty?
Phoenix Mills reports a return on equity of 12.9% and Oberoi Realty 14.7%. Oberoi Realty has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Phoenix Mills or Oberoi Realty?
Over the last three years: Sales grew +18.4% a year at Phoenix Mills and +12.9% at Oberoi Realty, so Phoenix Mills grew sales faster; profit grew −2.9% a year at Phoenix Mills and +9.6% at Oberoi Realty, so Oberoi Realty grew profit faster. Past growth doesn’t predict future growth.