OYO Parent PRISM’s FY26 Profit Skyrockets 4X YoY To ₹994 Cr

IPO-bound PRISM’s net profit for the fiscal year FY26 skyrocketed close to the ₹1,000 Cr mark, growing by 306% YoY to ₹994.2 Cr from ₹244.8 Cr in the year-ago period. 

Important to highlight that the OYO parent retained its profitability in FY25 on the back of a tax credit of ₹734.1 Cr in the previous year. The company registered a tax gain of ₹595.3 Cr in FY26. 

Operating revenue for the fiscal year jumped about 50% to ₹9,358 Cr from ₹6,252.8 Cr in the previous fiscal. 

Including other income of ₹339.9 Cr, the company’s total income of ₹9,697.9 Cr. Meanwhile, its total expenses surged 40% YoY to ₹9,334.5 Cr. 

EBITDA more than doubled to ₹2,594 Cr, the company said in its annual report while its gross booking value (GBV) increased 88.5% to ₹30,683 Cr in FY26 from ₹16,279 Cr in FY25, while gross profit rose 82.5% to ₹5,700 Cr.

In PRISM’s annual report FY26, chairman Ritesh Agarwal said that the company maintained its EBITDA profitability for the fourth consecutive year. 

Agarwal frames FY26 as a defining pivot toward an AI-native operating model, with PRISM is shifting technology from a supportive tool to an autonomous operational layer.

“We have deliberately built a platform that spans multiple hospitality formats, geographies and customer segments. Hotel storefronts, excluding G6, grew to 22,769 during the year and homes storefronts to 138,250, with an increasing share of business coming from our premium brands and Company Serviced Hotels,” Agarwal said.

G6 Lifts PRISM’s North America Business

The company’s growth was led in part by G6 Hospitality, which PRISM acquired in December 2024. G6 Hospitality accounted for a significant portion of the increase in PRISM’s GBV during FY26. 

The G6 integration was completed faster than a conventional integration of this scale, as per Agarwal. The business generated GBV of ₹14,107 Cr during the year, up from ₹3,529 Cr in FY25.

PRISM said it completed the integration of G6’s technology stack into its platform within a year of the acquisition. It has also introduced its pricing and service tools across G6 properties and moved owner engagement onto its India-based operations.

Outside G6, the company’s hotel business recorded a 36.5% increase in GBV to ₹10,939 Cr. Its home business grew 19.4% to ₹5,447 Cr.

By integrating acquisitions like G6 onto its unified tech stack and driving 67% of bookings through direct channels, the company claims to now operate an asset-light, multi-brand strategy across 35 countries to turn platform scale into smarter, more efficient guest experiences.

The company said the centralised operating model allows it to support international markets without building separate corporate infrastructure in each geography.

Direct channels accounted for around 67% of room nights used during FY26. PRISM launched its premium-focused CheckIn app in September 2025 as it looks to increase direct bookings and repeat customer demand.

Europe remains another key market for the company, with its homes and listings businesses operating through brands including Belvilla.

The FY26 results come as PRISM prepares for its proposed IPO. The company has filed its Updated Draft Red Herring Prospectus-I for a fresh issue of up to ₹6,650 Cr. 

The proposed issue is also expected to provide PRISM with funds to repay debt, reducing the financial burden associated with its borrowings.

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