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ANNUAL

GENERAL
MEETING OF
OYO HOTELS
PRESENTED BY,
NIDHI SINGH
YONIKA
SHERLY
ABOUT US (INTRO)
  OYO Hotels & Homes, is an India multinational OTA, homes and living
spaces. Founded in 2013 by Ritesh Agarwal, OYO initially consisted mainly
of budget hotels. The startup expanded globally with thousands of hotels, 
vacation homes and millions of rooms across more than 80
nations including India, Malaysia, UAE, Nepal, China, Brazil, Mexico, UK,
Philippines, Japan, Saudi Arabia, Sri Lanka, Indonesia, Vietnam, the United
States and more.
Our mission
 OYO is a global platform that empowers entrepreneurs and small businesses with
hotels and homes by providing full stack technology that increases earnings and
eases operations. Bringing affordable and trusted accommodation that guests can
book instantly.
Top management

DIRECTOR DIRECTOR

ANUJ
RAKESH TEJPA
KUMAR DEEPA L
BIKARAM SHIVAM
NSINGH KUMAR
MALIK

DIRECTOR COMPANY
SCRETORY
Idea behind startup
 Ritesh Agarwal, a college drop-out, always had the intention to start something of his
own. At the mere age of 17 years, in 2011, he came up with the idea of Oravel stays
which was later re-launched in 2013 as, what we know today, OYO Hotels & Homes.
 Since Ritesh used to travel a lot, amid his trips, he stayed in different hotels. This gave
him a realization about the poor hospitality facilities he got at different places.  
 This motivated him to create an accommodation system where people can get the
best rooms, food, staff, and other services in a given budget. He created Oravel
Stays in 2011, an aggregator of breakfast and bed stays, inspired by Airbnb’s model. 
Oyo growth
 OYO has continuously grown after 2013. It first started its services in India,
and today, after 8 years of establishment, it operates in 800 cities in more
than 80 countries of the world.  
 The company started its international operations in 2018 starting with
Malaysia. It then entered into the markets of the UK, UAE, Dubai, China,
Singapore, Indonesia, and others.
Oyo crises
 OYO was also surrounded by some crises and controversies that made
headlines. The company was accused of cheating and fraud. Some suspect
incidents also took place in some of the OYO. 
  In 2019, 
a Bengaluru hotelier filed a cheating case against Ritesh Agarwal and six ot
hers
 
 The hospitality company was also alleged for fraud.
Oyo success
 OYO did not become a success overnight. It also had to go through some
sequence of events and rough phases. The company’s business was also
impacted by the COVID outbreak. 
 After starting in 2013, OYO went on to acquire rooms in hotels across the
country and transformed them into OYO. The company’s sole aim was to
make accommodation good and affordable for its people.
Financial summary
For the nine months ended 30 September 2021, OYO Corporation
revenues increased 4% to Y37.66B. Net income applicable to common
stockholders increased 38% to Y2.22B. Revenues reflect Resource &
Energy Business segment increase of 23% to Y7.91B, Environment
Business segment increase of8% to Y7.36B. Net income benefited from
Resource & Energy Business segment income totaling Y886M vs. loss of
Y202M.
Balance sheet
Dec 31, Dec 31, Dec 31, Dec 31, Dec 31,
Name
2020 2019 2018 2017 2016
Total Current Assets 62,549 60,105 57,585 59,767 60,246
Total Assets 84,045 83,559 80,418 84,731 85,509
Total Current Liabilities 10,638 10,201 9,750 10,497 11,058
Total Liabilities 16,505 15,791 14,536 16,178 16,977
Total Equity 67,540 67,768 65,882 68,553 68,532
Total Liabilities & Shareholders' Equity 84,045 83,559 80,418 84,731 85,509
Total Common Shares Outstanding 26.12 26.11 26.11 27.08 27.08
THANK YOU

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