Aditya Birla Real Estate Limited
NSE: ABRELResidential, Commercial Projects
Share price
₹1,018.00
-2.99% close of 8 Oct 2026
Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 7 Oct 2026, the close above is 8 Oct 2026.
Business score
How strong the business is, in one number. The parts behind it are in Pro.
27
out of 100 · worked out 8 Oct 2026
Your ratios
The numbers you want to see first. Tap Edit to change them.
Market cap
₹11,402 Cr
P/E ratio
—
P/B ratio
3.1
ROCE
-4.5%
ROE
-2.7%
Dividend yield
0.2%
Price & valuation chart
How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.
Answers
Simple answers to the questions investors ask most, from the company's own numbers.
How fast it has been growing
Sales fell 55.4% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 10.6% to -104.4% over the last four years.
Whether it grew faster than its sector
It grew -3.6% a year against a sector median of 12.0% — 15.5 percentage points slower.
Room to re-rate, or risk of de-rating
It has no earnings, so there is no price-to-earnings to compare.
Whether growth justifies the valuation
It has no earnings to weigh the price against.
| Profit growth | Price per ₹1 profit | Per 1% growth | |
|---|---|---|---|
| Aditya Birla Real Estate Limited — this one | — | — | — |
| DLF Limited | 27%/yr | 36.6× | ₹1.4 |
| Lodha Developers Limited | 56%/yr | 25.8× | ₹0.46 |
| The Phoenix Mills Limited | 12%/yr | 49.2× | ₹4.1 |
| Prestige Estates Projects | 18%/yr | 53.4× | ₹3.0 |
| Oberoi Realty | 9%/yr | 22.9× | ₹2.5 |
Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
How it compares with its peers
Against companies the exchange files under the same label (Residential, Commercial Projects), it ranks 80 of 86 on returns, 66 of 80 on growth, 83 of 86 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.
What makes it hard to beat — and is that still true?
It is losing money on the capital in the business, so there is no advantage to measure.
Whether its growth pays for itself
No — Over the last five years the business itself consumed ₹641 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹1336 crore to ₹5636 crore. And the profit is real: of every 100 rupees it reported over 10 years, about 51 arrived as cash. Its cash comes back more slowly than it used to: it went from being paid 4 days before it paid its own suppliers to waiting 310 days for its cash.
Profit reality check
Is the profit real cash? Simple checks on the accounts. Facts only, not advice.
5 of 7 checks clear · 71%
Latest result · Q1 FY27
What the last results showed. Whether management kept its word is in Pro.
Posted a Rs 35 crore loss in a quarter with no launches, and closed the paper business sale that took net debt to near zero.
Announced 13 Aug 2026 · Consolidated · Unaudited
Revenue
₹189 Cr
Revenue vs last year
+29.7%
Revenue vs last quarter
+128.6%
Net profit
-₹35 Cr
Profit vs last quarter
-741.7%
Net margin
-18.3%
EPS
₹-3.48
Earnings call transcript · 14 Aug 2026
Checklist before you investPRO
Points for and against, in one list.
Key numbers & peers
The main numbers grouped by topic, and how the company compares with similar ones.
Price
- Market cap
- ₹11,402 Cr
- Prev close
- ₹1,018.00
- 52w High
- ₹1,914
- 52w Low
- ₹1,012
- Enterprise value
- ₹15,596 Cr
- Beta
- 1.5
- Price CAGR 1y
- -35.0%
- Price CAGR 3y
- -2.0%
- Price CAGR 5y
- 2.0%
- Price CAGR 10y
- 9.0%
Ratios
- Return on assets
- -0.6%
- PEG ratio
- —
- P/E ratio
- —
- P/B ratio
- 3.1
- EV / EBITDA
- -47.1
- Industry P/E
- 23.4
- ROCE
- -4.5%
- ROCE 5y average
- 2.6%
- ROE
- -2.7%
- Debt / Equity
- 1.5
- Interest coverage
- -3.0
- Dividend yield
- 0.2%
- ROE 3y average
- -1.0%
- ROE last year
- -3.0%
Annual P&L
- Annual revenue
- ₹407 Cr
- Annual profit
- -₹115 Cr
- Operating margin
- -90.0%
- Net profit margin
- -28.3%
- EBITDA margin
- -90.4%
- Sales growth 3y
- -52.6%
- Sales growth 5y
- -31.1%
- Profit growth 3y
- —
- Profit growth 5y
- —
- EPS
- ₹-9.2
- Sales growth TTM
- -55.0%
- Profit growth TTM
- -250.0%
- Dividend payout
- -27.0%
Quarter P&L
- Sales latest quarter
- ₹189 Cr
- Profit latest quarter
- -₹35 Cr
- YoY quarterly sales growth
- 29.7%
- YoY quarterly profit growth
- —
- OPM latest quarter
- -30.0%
Balance Sheet
- Book Value
- ₹330
- Face Value
- ₹10.0
- Total debt
- ₹5,636 Cr
- Total cash
- ₹1,399 Cr
- Borrowings
- ₹5,636 Cr
- Reserves / Equity
- 32.0
Cash Flow
- Operating cash flow
- ₹747 Cr
- Free cash flow
- ₹661 Cr
- FCF yield
- 5.2%
- Net cash flow
- ₹458 Cr
Shareholding
- Promoter holding
- 50.2%
- FII holding
- 9.3%
- DII holding
- 16.6%
- Public holding
- 23.1%
Peer comparison
| Company | Price ₹ | P/E | Mkt cap ₹ Cr | Div yield % | Profit qtr ₹ Cr | Profit var % | Sales qtr ₹ Cr | Sales var % | ROCE % |
|---|---|---|---|---|---|---|---|---|---|
| DLF | 656.00 | 37.8 | 1,62,515 | 1.22 | 793.9 | 4.1 | 1,280.3 | -52.9 | 6.3 |
| Lodha Developers | 1,109.40 | 26.8 | 1,10,555 | 0.38 | 1,373.1 | 103.4 | 4,996.7 | 43.1 | 16.4 |
| Phoenix Mills | 1,845.50 | 51.0 | 66,168 | 0.14 | 394.5 | 23.3 | 1,074.9 | 12.8 | 12.4 |
| Oberoi Realty | 1,736.00 | 23.7 | 62,685 | 0.46 | 543.5 | 29.0 | 1,300.9 | 31.7 | 17.3 |
| Prestige Estates | 1,429.30 | 54.3 | 61,885 | 0.14 | 271.4 | -19.4 | 2,675.1 | 15.9 | 10.4 |
| Godrej Propert. | 1,580.20 | 29.5 | 47,745 | 0.63 | 349.4 | -41.7 | 506.2 | 16.5 | 7.6 |
| Anant Raj | 612.15 | 38.1 | 22,033 | 0.16 | 149.2 | 18.9 | 631.4 | 6.6 | 12.1 |
| A B Real Estate | 1,049.40 | 11,705 | 0.24 | -34.6 | -59.4 | 188.9 | 29.7 | -4.5 | |
| Median | 138.95 | 24.1 | 962 | 0.00 | 8.5 | 26.6 | 90.7 | 14.3 | 7.6 |
Competes with: Anant Raj Limited, Brigade Enterprises Limited, DLF Limited, Godrej Properties, Lodha Developers Limited, Oberoi Realty, Prestige Estates Projects, The Phoenix Mills Limited
Quarterly results
Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.
| Line item | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 894 | 863 | 1,070 | 814 | 353 | 266 | 204 | 395 | 146 | 98 | 81 | 83 | 189 |
| Expenses | 759 | 814 | 879 | 615 | 316 | 239 | 222 | 425 | 188 | 172 | 172 | 248 | 246 |
| Material Cost | 267 | 73 | 43 | 22 | 32 | 82 | |||||||
| Change in Inventories | -0.19 | -1.95 | 0.10 | 0.76 | 0 | -1.11 | |||||||
| Purchases of Stock-in-Trade | 0 | 0 | 0 | 0 | -0.41 | 0 | |||||||
| Employee Cost | 47 | 50 | 60 | 60 | 59 | 60 | |||||||
| Other Expenses | 106 | 64 | 65 | 87 | 152 | 103 | |||||||
| Operating Profit | 136 | 49 | 191 | 199 | 38 | 27 | -18 | -31 | -42 | -74 | -91 | -166 | -57 |
| OPM % | 15 | 5.70 | 18 | 24 | 11 | 10 | -8.79 | -7.76 | -29 | -75 | -112 | -200 | -30 |
| Other Income | -54 | -12 | 3 | -114 | 19 | 14 | -8 | -119 | 32 | 71 | 19 | 129 | 49 |
| Exceptional items (within Other Income) | -124 | 0 | 0 | -22 | -2.50 | 0 | |||||||
| Interest | 6 | 10 | 8 | 10 | 11 | 15 | 8 | 12 | 7 | 18 | 19 | 21 | 26 |
| Depreciation | 50 | 51 | 53 | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 18 | 18 | 17 |
| Profit before tax | 26 | -24 | 133 | 60 | 30 | 9 | -50 | -177 | -33 | -37 | -108 | -76 | -51 |
| Tax % | 128 | 36 | 40 | 66 | 42 | 69 | -15 | -24 | -18 | -51 | -31 | -107 | -32 |
| Net Profit | -7 | -33 | 80 | 21 | 17 | 3 | -42 | -135 | -27 | -18 | -75 | 5 | -35 |
| EPS in Rs | -0.53 | -2.73 | 7.46 | 0.34 | 0.70 | 0.23 | -3.63 | -12 | -2.28 | -1.41 | -6.52 | 0.97 | -3.45 |
| Diluted EPS in Rs | -12 | -2.30 | -1.43 | -6.59 | 0.97 | -3.48 |
Profit & loss
Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 7,645 | 3,898 | 3,944 | 3,423 | 2,617 | 4,131 | 3,832 | 1,101 | 1,219 | 407 | 450 |
| Expenses | 6,721 | 3,092 | 2,992 | 2,855 | 2,393 | 3,687 | 3,265 | 879 | 1,203 | 775 | 837 |
| Material Cost | 740 | 171 | |||||||||
| Change in Inventories | 2.08 | 0 | |||||||||
| Purchases of Stock-in-Trade | 0 | -1.50 | |||||||||
| Employee Cost | 172 | 229 | |||||||||
| Other Expenses | 276 | 369 | |||||||||
| Operating Profit | 924 | 805 | 951 | 568 | 224 | 444 | 567 | 221 | 16 | -368 | -387 |
| OPM % | 12 | 21 | 24 | 17 | 9 | 11 | 15 | 20 | 1.30 | -90 | -86 |
| Other Income | 62 | 138 | 5,673 | 14 | 43 | 51 | 101 | -21 | -94 | 246 | 268 |
| Exceptional items (within Other Income) | -124 | -25 | |||||||||
| Interest | 551 | 212 | 102 | 87 | 71 | 52 | 34 | 30 | 46 | 64 | 83 |
| Depreciation | 313 | 199 | 193 | 229 | 231 | 231 | 196 | 59 | 64 | 68 | 69 |
| Profit before tax | 122 | 532 | 6,330 | 267 | -35 | 212 | 437 | 112 | -188 | -254 | -272 |
| Tax % | 14 | 30 | 4 | -35 | -4 | 24 | 40 | 46 | -16 | -55 | |
| Net Profit | 105 | 372 | 6,063 | 360 | -34 | 162 | 265 | 60 | -157 | -115 | -122 |
| EPS in Rs | 9.40 | 33 | 543 | 33 | -2.73 | 15 | 24 | 4.52 | -14 | -9.24 | -10 |
| Diluted EPS in Rs | -14 | -9.33 | |||||||||
| Dividend Payout % | 59 | 20 | 1 | 9 | -37 | 27 | 21 | 111 | -14 | -27 |
Compounded growth
Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.
Compounded sales growth
- 10 years
- —
- 5 years
- -31%
- 3 years
- -53%
- TTM
- -55%
Compounded profit growth
- 10 years
- —
- 5 years
- —
- 3 years
- —
- TTM
- -250%
Stock price CAGR
- 10 years
- 9%
- 5 years
- 2%
- 3 years
- -2%
- 1 year
- -35%
Return on equity
- 10 years
- 21%
- 5 years
- 1%
- 3 years
- -1%
- Last year
- -3%
Balance sheet
What the company owns and what it owes, at the end of each year. ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 | 112 |
| Reserves | 2,370 | 2,636 | 3,182 | 3,368 | 3,393 | 3,607 | 3,775 | 3,867 | 3,729 | 3,589 |
| Borrowings | 5,700 | 4,369 | 1,020 | 1,400 | 1,049 | 1,336 | 1,059 | 2,502 | 4,997 | 5,636 |
| Other Liabilities | 2,154 | 3,214 | 1,861 | 1,868 | 2,141 | 2,684 | 3,465 | 4,018 | 7,646 | 10,895 |
| Minority Interest | 48 | -1.62 | ||||||||
| Total Liabilities | 10,336 | 10,331 | 6,175 | 6,747 | 6,693 | 7,739 | 8,411 | 10,499 | 16,483 | 20,233 |
| Fixed Assets | 7,309 | 7,256 | 4,430 | 4,293 | 4,139 | 4,059 | 3,952 | 3,734 | 1,437 | 1,366 |
| CWIP | 34 | 35 | 275 | 176 | 210 | 211 | 190 | 58 | 26 | 19 |
| Investments | 258 | 223 | 183 | 107 | 238 | 409 | 228 | 692 | 1,085 | 1,512 |
| Other Assets | 2,734 | 2,817 | 1,287 | 2,171 | 2,106 | 3,060 | 4,041 | 6,015 | 13,935 | 17,336 |
| Total Assets | 10,336 | 10,331 | 6,175 | 6,747 | 6,693 | 7,739 | 8,411 | 10,499 | 16,533 | 20,233 |
Cash flows
Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 940 | 2,209 | 548 | -23 | 566 | -51 | 271 | -315 | -1,293 | 747 |
| Cash from Investing Activity | -247 | -195 | -123 | -241 | -92 | -176 | 138 | -524 | -438 | -588 |
| Cash from Financing Activity | -175 | -1,795 | -677 | 392 | -471 | 207 | -553 | 1,272 | 2,218 | 299 |
| Net Cash Flow | 518 | 219 | -253 | 128 | 4 | -21 | -144 | 433 | 487 | 458 |
| Free Cash Flow | 794 | 2,056 | 472 | -225 | 481 | -177 | 283 | -490 | -1,413 | 660 |
Ratios
How fast customers pay, how long stock sits, and how well capital earns — year by year.
| Line item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 39 | 19 | 19 | 22 | 19 | 15 | 55 | 31 | 15 |
| Inventory Days | 232 | 328 | 174 | 362 | 486 | 429 | 716 | |||
| Days Payable | 129 | 190 | 130 | 133 | 200 | 158 | 173 | |||
| Cash Conversion Cycle | 126 | 178 | 64 | 248 | 308 | 290 | 558 | 55 | 31 | 15 |
| Working Capital Days | -109 | -182 | -19 | -16 | 54 | -4 | 37 | 592 | 517 | 310 |
| ROCE % | 10 | 112 | 8 | 1 | 5 | 8 | 4 | -0 | -4 |
Price trend
The price as a Renko brick chart: small moves drop out so the bigger path stands out.
Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.
Open interestPRO
Where option traders are positioned on this stock.
Industry numbers
The numbers that matter most in this industry, from the company's own filings.
1 when an audit qualification is filed as repetitive
0.00flag
2026-03-31
the company's own unlisted debt securities in default at period end
0.00cr
2026-06-30
the company's own loans / revolving facilities in default at period end (standalone filing)
0.00cr
2026-06-30
total loans / revolving facilities outstanding at period end, the base of loan_default_cr
188cr
2026-06-30
guarantees / comfort given for promoter, promoter group, directors and KMP
0.00cr
2026-03-31
loans outstanding to promoter, promoter group, directors and KMP (governance filing)
0.00cr
2026-03-31
security given for the borrowing of promoter, promoter group, directors and KMP
0.00cr
2026-03-31
FY revenue / permanent employees + workers, same basis (calc)
14,74,104inr
2026-03-31
News
News and filings about Aditya Birla Real Estate Limited. Open one to see why it matters.
No recent news for this company.
Supply chain
Who it buys from, sells to and competes with — as recorded in our map of company links.
Competes with
Uses as raw material
- Caustic soda (pulping chemical)
- Cement (real estate)
- Coal (captive power for paper mill)
- Furnace oil / LSHS (mill boilers)
- Imported wood pulp
- Pulpwood (wood, bamboo, eucalyptus)
- Steel / reinforcement (real estate)
- Wastepaper / recycled fibre
Depends on the price of
- Crude Oil Brent
- caustic_soda
- cement
- coal
- paper_pulp
- steel
- timber/logs
Sells to
- Publishers, printers & packaging converters · Writing/printing paper, tissue & paperboard (Century Pulp & Paper)
About
What the company is, from our own records: where it sits, where it makes things, and what it is made of.
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Classification
- Realty › Residential, Commercial Projects
- ISIN
- INE055A01016
Business segments
- ( c ) Pulp and Paper (Refer Note 3) · 88%
- ( a ) Real Estate · 10%
- ( b ) Others · 2%
Plants
- Birla Aurora · Mumbai, Maharashtra
- Birla Centurion · Mumbai, Maharashtra
- Century Pulp & Paper · Lalkuan / Lalkua, Nainital district, Uttarakhand
News impact
Big market events that reach Aditya Birla Real Estate Limited, and how the effect spreads.
No recent market events reach this company.
Dividends, splits & big trades
Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.
Dividends
| 14 Jul 2026 | unspecified | ₹2.5 |
|---|---|---|
| 15 Jul 2025 | unspecified | ₹2 |
| 11 Jul 2024 | unspecified | ₹5 |
| 17 Jul 2023 | unspecified | ₹5 |
| 6 Jul 2022 | unspecified | ₹4 |
| 6 Jul 2021 | unspecified | ₹1 |
| 14 Aug 2020 | unspecified | ₹3 |
| 11 Oct 2019 | demerger | ₹0 |
Splits, bonuses & buybacks
- daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016
Documents
Annual reports, results presentations and earnings calls, straight from the source.
- Earnings call19 Aug 2026
- Earnings call14 Aug 2026
- Annual report · 2025-261 Jul 2026
- Results presentation30 Jun 2026
- Earnings call · Q4FY267 May 2026
Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.