OYO has kicked off FY26 on a high note. The hospitality-tech giant reported an EBITDA of ₹550 Cr in Q1FY26, a 231% surge compared to ₹166 Cr in the same quarter last year. This marks one of OYO’s strongest quarterly performances, driven by aggressive storefront expansion and higher booking values.

India’s primary market is gearing up for one of the most awaited listings of the year as OYO Hotels & Homes, founded by Ritesh Agarwal, plans to file its Draft Red Herring Prospectus (DRHP) in November 2025. The startup is eyeing a valuation of $7–8 billion, with reports also highlighting shares priced at ₹70 apiece and valuations in the range of 25–30x EBITDA.