MarketFriction

Aditya Birla Real Estate Ltd

NSE ABREL · BSE 500040 · Residential, Commercial Projects
₹1,100.50 -2.67%
NSE close2026-10-01
52 week range1,080.10 - 1,914.00
Market cap₹12,963 Cr.
Nifty 500Smallcap 250Nifty Realty Price band 20% Delivery 52.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8631,070814353266204395146988183189
Expenses814879615316239222425188172172248246
Operating Profit491911993827-18-31-42-74-91-166-57
OPM %6%18%24%11%10%-9%-8%-29%-75%-112%-200%-30%
Other Income-123-1141914-8-11932711912949
Interest108101115812718192126
Depreciation515315161616161616181817
Profit before tax-2413360309-50-177-33-37-108-76-51
Tax %36%40%66%42%69%-15%-24%-18%-51%-31%-107%-32%
Net Profit-338021173-42-135-27-18-755-35
EPS in Rs-2.737.460.340.700.23-3.63-11.73-2.28-1.41-6.520.97-3.45
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7,6453,8983,9443,4232,6174,1313,8321,1011,219407450
Expenses6,7213,0922,9922,8552,3933,6873,2658791,203775837
Operating Profit92480595156822444456722116-368-387
OPM %12%21%24%17%9%11%15%20%1.3%-90%-86%
Other Income621385,673144351101-21-94246268
Interest5512121028771523430466483
Depreciation31319919322923123119659646869
Profit before tax1225326,330267-35212437112-188-254-272
Tax %14%30%4%-35%-4%24%40%46%-16%-55%
Net Profit1053726,063360-3416226560-157-115-122
EPS in Rs9.4033.27542.8132.70-2.7314.9124.344.52-14.44-9.24-10.41
Dividend Payout %59%20%1%9%-37%27%21%111%-14%-27%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%-31%-53%-55%
Compounded Profit Growth%%%-250%
Stock Price CAGR10%5%1%-31%
Return on Equity21%1%-1%-3%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital112112112112112112112112112112
Reserves2,3702,6363,1823,3683,3933,6073,7753,8673,7293,589
Borrowings5,7004,3691,0201,4001,0491,3361,0592,5024,9975,636
Other Liabilities2,1543,2141,8611,8682,1412,6843,4654,0187,64610,895
Total Liabilities10,33610,3316,1756,7476,6937,7398,41110,49916,48320,233
Fixed Assets7,3097,2564,4304,2934,1394,0593,9523,7341,4371,366
CWIP3435275176210211190582619
Investments2582231831072384092286921,0851,512
Other Assets2,7342,8171,2872,1712,1063,0604,0416,01513,93517,336
Total Assets10,33610,3316,1756,7476,6937,7398,41110,49916,48320,233
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity9402,209548-23566-51271-315-1,293747
Cash from Investing Activity-247-195-123-241-92-176138-524-438-588
Cash from Financing Activity-175-1,795-677392-471207-5531,2722,218299
Net Cash Flow518219-2531284-21-144433487458
Free Cash Flow7942,056472-225481-177283-490-1,413661
CFO/OP105%289%78%18%180%3%61%-81%-7,452%-236%
Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days24391919221915553115
Inventory Days232328174362486429716
Days Payable129190130133200158173
Cash Conversion Cycle12617864248308290558553115
Working Capital Days-109-182-19-1654-437592517310
ROCE %10%112%8%1%5%8%4%-0%-4%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%50.21%
FIIs6.64%6.42%7.46%8.52%9.41%9.53%9.28%9.11%9.11%8.96%9.04%9.26%
DIIs16.10%17.39%16.54%15.76%15.90%15.33%15.86%16.74%16.43%16.90%16.40%16.63%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.01%0.01%0.01%0.01%0.00%
Public25.93%24.86%24.68%24.41%23.43%23.89%23.60%22.89%23.22%22.91%23.34%23.14%
Others1.12%1.12%1.12%1.12%1.05%1.05%1.05%1.05%1.03%1.02%1.00%0.75%
No. of Shareholders72,01468,30169,46391,17898,9941,07,9551,06,6151,05,2951,07,2361,01,62396,98295,594

Fundamentals

Market Cap₹ 12,963 Cr.
Current Price₹ 1,161
Book Value₹ 331
ROCE-4.48 %
ROE-2.64 %
Dividend Yield0.22 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)-55%
Compounded Profit Growth (TTM)-250%
Consolidated figures.
Valuation
Market capRs 12,292 Cr
Enterprise valueRs 16,530 Cr
Price to book3.32x
Price to sales27.29x
EV / sales36.69x
Price to cash flow16.45x
Earnings yield-0.95%
Dividend yield0.23%
P/E, 3-year average360.29x
P/B, 3-year average4.55x
P/E, 5-year average147.88x
P/B, 5-year average3.61x
Profitability
Operating margin (excl. other income)-90.32%
Operating margin (incl. other income)-29.94%
EBITDA margin-26.43%
Pre-tax margin-60.28%
Net profit margin-25.82%
Net margin, latest quarter-20.41%
ROE-2.74%
ROCE-2.08%
ROA-0.56%
ROE, 3-year average-1.86%
ROCE, 3-year average-0.49%
ROA, 3-year average-0.41%
ROE, 5-year average1.24%
ROCE, 5-year average2.69%
ROA, 5-year average0.89%
ROIC (approx.)-1.07%
Tax rate54.76%
Other income / net worth6.64%
Growth
Sales growth (latest year)-66.59%
Sales CAGR, 3 years-52.63%
Sales CAGR, 5 years-31.07%
Sales growth QoQ128.60%
Profit growth QoQ-455.63%
Sales growth YoY (latest quarter)29.74%
Per share
EPS (TTM)Rs -10.41
EPS (latest year)Rs -9.24
EPS (latest quarter)Rs -3.45
EPS, 3-year averageRs -6.39
EPS, 5-year averageRs 4.02
Book value per shareRs 331.33
Sales per shareRs 40.33
Cash flow per shareRs 66.90
Free cash flow per shareRs 59.18
Dividend per share (latest year)Rs 2.50
Dividend per share, 3-year averageRs 3.17
Dividend per share, 5-year averageRs 3.70
Dividends
Dividend payout, 3-year average110.51%
Dividend payout, 5-year average52.63%
Efficiency
Asset turnover0.02x
Fixed asset turnover0.30x
Inventory turnover0.02x
Inventory days18667 days
Debtor days15 days
Debtors turnover24.37x
Creditor days173 days
Cash conversion cycle15 days
Working capital days310 days
Leverage
Total debtRs 5,636 Cr
Cash and bankRs 1,399 Cr
Net debtRs 4,238 Cr
Debt to equity1.52x
Interest coverage-2.27x
Current ratio (filing 2026-03-31)1.23x
Quick ratio (filing 2026-03-31)0.30x
Trade payables (filing 2026-03-31)Rs 661 Cr
Owners' fund to total sources18.29%
Debt to assets27.86%
Cash flow
Cash from Operating Activity (latest year)Rs 747 Cr
Cash from Investing Activity (latest year)Rs -588 Cr
Cash from Financing Activity (latest year)Rs 299 Cr
Net Cash Flow (latest year)Rs 458 Cr
Free cash flow (latest year)Rs 661 Cr
FCFE (approx.: FCF + change in debt)Rs 1,301 Cr
Cash from ops / profit, 5 years-2.98x
Sales to cash flow0.54x
Statement figures
Net sales (TTM)Rs 450 Cr
Net sales (latest year)Rs 407 Cr
Sales (latest quarter)Rs 189 Cr
Operating profit excl. other income (latest year)Rs -368 Cr
Operating profit (latest quarter)Rs -57 Cr
Other income (TTM)Rs 268 Cr
EBITDA (TTM)Rs -119 Cr
PBDT (TTM)Rs -202 Cr
Profit before tax (TTM)Rs -272 Cr
Tax (latest year)Rs -139 Cr
Net profit (TTM)Rs -116 Cr
Net profit (latest year)Rs -103 Cr
Net profit (latest quarter)Rs -39 Cr
Depreciation (TTM)Rs 69 Cr
Depreciation (latest quarter)Rs 17 Cr
Interest (TTM)Rs 83 Cr
Cost of goods sold (latest year)Rs 216 Cr
Total expenditure (latest year)Rs 775 Cr
Total income (latest year)Rs 653 Cr
Share capitalRs 112 Cr
ReservesRs 3,589 Cr
Shareholders' fundsRs 3,701 Cr
Total assetsRs 20,233 Cr
Net blockRs 1,366 Cr
Capital work in progressRs 19 Cr
InvestmentsRs 1,512 Cr
ReceivablesRs 17 Cr
InventoryRs 11,060 Cr
Other liabilitiesRs 10,895 Cr
Shares outstanding (crore)11.17
Ownership
Promoter holding50.21% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 3.32 is at the 50th percentile (median 3.32).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodABRELNifty 50Difference
1 week-9.2%-2.8% -6.4 pts
1 month-18.9%-6.8% -12.1 pts
3 months-21.7%-7.6% -14.1 pts
6 months-2.0%+0.4% -2.4 pts
1 year-38.2%-9.9% -28.3 pts
2 years-61.1%-13.6% -47.5 pts
3 years-1.5%+14.2% -15.7 pts
5 years+20.1%+27.9% -7.8 pts
76 mutual fund schemes hold about ₹2,354 Cr. Over three months 70 bought more and 4 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Bandhan Small Cap Fund0.92%315 +15%
Nippon India Small Cap Fund0.28%233 +24%
Invesco India Contra Fund0.97%200 +57%
Canara Rob Large and Mid Cap Fund0.75%198 +24%
Canara Rob Small Cap Fund1.24%181 +25%
Invesco India Smallcap Fund0.90%141 +11%
Aditya Birla SL ELSS Tax Saver Fund0.94%137 +30%
Motilal Oswal Small Cap Fund1.14%93 +26%
HSBC Value Fund0.59%91 +26%
Invesco India Focused Fund1.33%86 +16%
Aditya Birla SL Multi-Cap Fund0.96%73 +22%
Aditya Birla SL Small Cap Fund0.98%61 +20%
HSBC Small Cap Fund0.32%60 +22%
Mahindra Manulife Small Cap Fund0.75%41 -21%
Edelweiss Small Cap Fund0.55%40 +19%
Canara Rob Multi Cap Fund0.66%38 +21%
Axis Small Cap Fund0.10%31 +23%
Bajaj Finserv Small Cap Fund1.16%31 +28%
WOC Mid Cap Fund0.36%27 +8%
ICICI Pru Multi Cap Fund0.14%27 +37%
ICICI Pru Multi Cap Fund0.14%26 +37%
Aditya Birla SL Conglomerate Fund1.45%23 +44%
ICICI Pru Housing Opp Fund0.84%23 +100%
Canara Rob Manufacturing Fund1.10%19 +26%
Bajaj Finserv Flexi Cap Fund0.23%18 +176%

Red flags

F-score 5 of 8
lookInventory outrunning sales Inventory grew 24% vs sales -67% in 2026
lookRepeated losses Net loss in each of the last two years
lookRegulator order or action Regulator order or action 2026-04-06: Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹189 Cr +29.5% vs Jun 2025. Net loss ₹35 Cr.

Activity

Compare
CompanyMcap (Cr)P/EROCE
DLF Ltd161,63837.66.32 %
Lodha Developers Ltd110,59226.816.4 %
Phoenix Mills Ltd68,99653.212.4 %
Oberoi Realty Ltd64,09924.217.3 %
Prestige Estates Projects Ltd61,05653.610.4 %
Godrej Properties Ltd49,23230.47.63 %
Anant Raj Ltd21,67537.512.1 %
Brigade Enterprises Ltd18,37027.010.5 %
Horizon Industrial Parks Ltd14,7093.18 %
Sobha Ltd13,00856.46.86 %
SignatureGlobal India Ltd10,6142.38 %
Sri Lotus Developers & Realty Ltd10,46640.721.2 %
Max Estates Ltd9,3121,5861.40 %
Embassy Developments Ltd7,833-2.44 %
Mahindra Lifespace Developers Ltd7,70324.87.64 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-07-14Dividend - Rs 2.50 Per Share
2025-07-15Dividend - Rs 2 Per Share
2024-07-11Annual General Meeting/Dividend - Rs 5 Per Share
2023-07-17Annual General Meeting/Dividend - Rs 5 Per Share
2022-07-06Annual General Meeting/Dividend - Rs 4 Per Share
2021-07-06 Annual General Meeting/Dividend - Re 1 Per Share
2020-08-14 Annual General Meeting/Dividend - Rs 3 Per Share
2019-10-11 Demerger
2019-07-19 Annual General Meeting/Dividend - Rs 7.50 Per Share
2018-07-20 Annual General Meeting / Dividend- Rs 6.50 Per Share
2017-07-28 Annual General Meeting/Dividend - Rs 5.50 Per Share
2016-07-18 Annual General Meeting/ Dividend - Rs 5.50/- Per Share
2015-07-15Annual General Meeting/ Dividend - Rs 5.50/- Per Share
2014-07-11Annual General Meeting / Dividend - Rs 5.50/- Per Share
2013-07-08Annual General Meeting And Dividend Rs.5.50 Per Share
2012-07-16Annual General Meeting/Dividend Rs 5.50 Per Share
2011-07-26Annual General Meeting/Dividend Rs 5.50 Per Share
2010-07-12Annual General Meeting And Dividend Rs.5.50 Per Share
2009-07-10Agm/Div-Rs.4.50 Pr Share
2008-07-07Agm/Dividend - 45%
2007-07-18Annual General Meeting
2007-03-20Interim Dividend-37.5% Purpose Revised
2006-06-20Agm/Dividend-30%
DateTypeWhat it says
2026-10-01Credit Rating- NewChange in Credit Rating Outlook of the Company and its wholly owned subsidiary Birla Estates Private Limited in respect of certain bank facilities ava...
2026-09-16CessationCessation of Mr. Ajay Kumar Gupta as CEO of erstwhile Century Pulp and Paper ( CPP ) business division on account of sale of the CPP business division...
2026-09-04Concall / analyst meetSchedule of meet with analysts/ investors
2026-09-03Concall / analyst meetSchedule of meet
2026-09-03General UpdatesNSE Sustainability Ratings and Analytics Limited vide its ESG ratings report dated 2nd September 2026 has voluntarily assigned "ESG Rating-67" under a...
2026-08-20Concall / analyst meetTranscript of Q1FY2026-27 Earnings conference call held on 14th August, 2026
2026-08-14General UpdatesESG rating Crisil ESG- 60 voluntary assigned by Crisil ESG Ratings to the Company
2026-08-14Concall / analyst meetAudio Recording of Earnings Call for Q1 FY2026-27
2026-08-13Credit Rating- OthersReaffirmation of Credit Rating by CRISIL Ratings
2026-08-13Press ReleasePress Release of Birla Estates Private Limited a Wholly Owned Subsidiary of the Company titled "Birla Estates enters Navi Mumbai Redevelopment segment...
2026-08-13Investor PresentationInvestor Presentation
2026-08-13General UpdatesOutcome of the Board Meeting approving formulation, adoption and implementation of ABREL ESOP Scheme 2026 through trust by way of secondary acquisitio...
2026-08-13Board meeting outcomeOutcome of Board Meeting held on 13th August 2026 approved inter alia Unaudited Financial Results (Standalone & Consolidated) for the quarter ended 30...
2026-08-10Concall / analyst meetIntimation of earnings conference call scheduled to be held on 14th August, 2026 to discuss Q1 FY2026-27
2026-08-04Concall / analyst meetSchedule of meet
2026-08-01UpdatesUpdate on acquisition of Pulp and Paper business of the Company by ITC Limited.
2026-07-28Shareholder meetingVoting Results
2026-07-28Shareholder meetingVoting results.
2026-07-27Shareholder meetingProceedings of Annual General Meeting held on Monday, July 27, 2026
2026-07-21General UpdatesCertificate relating to Commercial Paper of the Company for the quarter ended on 30th June, 2026
2026-07-03General UpdatesLetter sent to shareholders pursuant to Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015
2026-07-01General UpdatesBusiness Responsibility and Sustainability Report of the Company for FY2025-26
2026-07-01Shareholder meetingNotice of 129th Annual General Meeting of the Company to be held on July 27, 2026 and Integrated Annual Report FY2025-26
2026-06-29UpdatesCommunication to the Shareholders of the Company regarding Deduction of Tax at Source on Dividend Payment.
2026-06-29CorrigendumCorrigendum issued in Loksatta Edition (Marathi) Newspaper intimating 129th Annual General Meeting, Book Closure/record date, and e-voting information...
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)

Quick answers

What is the market cap of Aditya Birla Real Estate Ltd?

Aditya Birla Real Estate Ltd (ABREL) has a market capitalisation of Rs 12,963 Cr. at the 2026-10-01 close.

What were Aditya Birla Real Estate Ltd's latest quarterly results?

In the Jun 2026 quarter, Aditya Birla Real Estate Ltd sales was Rs 189 Cr (+29.5% vs Jun 2025) with a net loss of Rs 35 Cr.

What is the 52-week high and low of Aditya Birla Real Estate Ltd?

The 52-week high is Rs 1,914.00 and the 52-week low is Rs 1,080.10.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03