MarketFriction

Brookfield India Real Estate Trust

NSE BIRET · BSE 543261 · Real Estate Investment Trusts (REITs)
₹330.25 -1.72%
NSE close2026-10-01
52 week range312.05 - 375.69
Market cap₹27,706 Cr.
P/E51.6
Nifty 500Smallcap 250 Price band 20% Delivery 56.5%

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
Sales400531547574590602620642671697960974
Expenses131154138160171192187192206206263272
Operating Profit269377409414419409433450465491696701
OPM %67%71%75%72%71%68%70%70%69%70%73%72%
Other Income19303181334201223372757
Interest185273275279287286227205202212355338
Depreciation84105103102105112111105107113145142
Profit before tax203035514046115153179203223278
Tax %90%44%95%23%44%49%31%13%17%1%76%20%
Net Profit21723923237913214920154221
EPS in Rs0.040.380.271.080.640.531.222.052.182.410.492.17
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1318771,1971,7872,3902,9713,301
Expenses48258381531716869947
Operating Profit836188161,2561,6742,1022,354
OPM %63%71%68%70%70%71%71%
Other Income522326183100145
Interest412084328521,0789751,108
Depreciation32208275411430469507
Profit before tax1522414054250758884
Tax %-69%-10%7%128%36%29%
Net Profit25246131-15160537626
EPS in Rs0.847.353.920.283.046.427.25
Dividend Payout %0%274%0%0%622%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%87%35%35%
Compounded Profit Growth%80%54%105%
Stock Price CAGR%4%11%-3%
Return on Equity%2%2%3%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital8,1778,9878,65610,91016,41920,812
Reserves25-105-322-786-1,081-1,292
Borrowings2,1115,1905,50812,1139,08316,583
Other Liabilities6817137993,3022,1663,313
Total Liabilities10,99514,78614,64125,53926,58839,416
Fixed Assets10,10713,63213,54623,99823,85536,640
CWIP000000
Investments00001,072883
Other Assets8871,1541,0951,5401,6601,892
Total Assets10,99514,78614,64125,53926,58839,416
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity1406069531,4331,8412,285
Cash from Investing Activity30-1,385-109-2,028-74-6,048
Cash from Financing Activity146667-838756-1,5713,862
Net Cash Flow316-1115161196100
Free Cash Flow914929481,4151,8402,284
CFO/OP100%101%114%112%110%110%
Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days67916151014
Inventory Days
Days Payable
Cash Conversion Cycle67916151014
Working Capital Days-1,239-193-153-319-153-176
ROCE %4%4%5%5%5%

Fundamentals

Market Cap₹ 27,706 Cr.
Current Price₹ 334
Stock P/E51.6
Book Value₹ 260
ROCE5.36 %
ROE2.75 %
Dividend Yield1.97 %
Face Value₹ 323
Compounded Sales Growth (TTM)35%
Compounded Profit Growth (TTM)105%
Consolidated figures.
Valuation
Market capRs 27,407 Cr
Enterprise valueRs 32,342 Cr
P/E (TTM)51.09x
Price to book3.09x
Price to sales8.30x
EV / EBITDA12.94x
EV / EBIT16.24x
EV / sales9.80x
Price to cash flow45.23x
Earnings yield1.96%
Dividend yield2.46%
Profitability
Operating margin (excl. other income)70.52%
Operating margin (incl. other income)73.08%
EBITDA margin75.69%
Pre-tax margin26.78%
Net profit margin16.25%
Net margin, latest quarter18.46%
ROE2.88%
ROCE3.55%
ROA1.91%
ROIC (approx.)15.84%
Tax rate-9.85%
Other income / net worth0.25%
Growth
Sales growth (latest year)569.61%
Profit growth (latest year)873.48%
Sales growth QoQ1.49%
Profit growth QoQ387.29%
Sales growth YoY (latest quarter)51.78%
Profit growth YoY (latest quarter)44.36%
Per share
EPS (TTM)Rs 6.46
EPS (latest year)Rs 7.35
EPS (latest quarter)Rs 2.17
Book value per shareRs 107.03
Sales per shareRs 39.77
Cash flow per shareRs 7.30
Free cash flow per shareRs 27.52
Dividend per share (latest year)Rs 20.14
Dividends
Dividend payout274.03%
Efficiency
Asset turnover0.06x
Fixed asset turnover0.06x
Debtor days9 days
Debtors turnover38.99x
Cash conversion cycle14 days
Working capital days-176 days
Leverage
Total debtRs 5,190 Cr
Cash and bankRs 255 Cr
Net debtRs 4,935 Cr
Debt to equity0.58x
Net debt / EBITDA1.98x
Interest coverage1.80x
Owners' fund to total sources60.07%
Debt to assets35.10%
Cash flow
Cash from Operating Activity (latest year)Rs 606 Cr
Cash from Investing Activity (latest year)Rs -1,385 Cr
Cash from Financing Activity (latest year)Rs 667 Cr
Net Cash Flow (latest year)Rs -111 Cr
Free cash flow (latest year)Rs 2,284 Cr
FCFE (approx.: FCF + change in debt)Rs 5,363 Cr
Cash from ops / profit, 5 years6.72x
Sales to cash flow1.45x
Statement figures
Net sales (TTM)Rs 3,301 Cr
Net sales (latest year)Rs 877 Cr
Sales (latest quarter)Rs 974 Cr
Operating profit excl. other income (latest year)Rs 618 Cr
Operating profit (latest quarter)Rs 701 Cr
Other income (TTM)Rs 145 Cr
EBITDA (TTM)Rs 2,499 Cr
PBDT (TTM)Rs 1,391 Cr
Profit before tax (TTM)Rs 884 Cr
Tax (latest year)Rs -22 Cr
Net profit (TTM)Rs 536 Cr
Net profit (latest year)Rs 246 Cr
Net profit (latest quarter)Rs 180 Cr
Depreciation (TTM)Rs 507 Cr
Depreciation (latest quarter)Rs 142 Cr
Interest (TTM)Rs 1,108 Cr
Cost of goods sold (latest year)Rs 178 Cr
Total expenditure (latest year)Rs 258 Cr
Total income (latest year)Rs 899 Cr
Share capitalRs 8,987 Cr
ReservesRs -105 Cr
Shareholders' fundsRs 8,882 Cr
Total assetsRs 14,786 Cr
Net blockRs 13,632 Cr
ReceivablesRs 22 Cr
Other liabilitiesRs 713 Cr
Shares outstanding (crore)82.99
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodBIRETNifty 50Difference
1 week-1.8%-2.8% +0.9 pts
1 month-3.1%-6.8% +3.6 pts
3 months-0.2%-7.6% +7.4 pts
3 years+37.3%+14.2% +23.1 pts
5 years+22.5%+27.9% -5.4 pts

Red flags

F-score 6 of 8
lookShare dilution Share count up 11% in a year
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 ₹974 Cr +51.7% vs Jun 2025. Net profit ₹221 Cr +67.4%.
Against our estimate for Jun 2026: sales +12.1%, profit +19.0% beat. Our estimate for Sep 2026: sales Rs 1,028 Cr, profit Rs 231 Cr (how).

Activity

Compare
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-13Distribution - Rs 5.60 Per Unit Consisting Of Interest - Rs 1.65 Per Unit/ Repayment Of Spv Debt - Rs 2.67 Per Unit/ Dividend - Re 0.93 Per Unit/ Interest On Fixed Deposit - Re 0.35 Per Unit
2026-05-14Distribution - Rs 5.50 Per Unit Consisting Of Interest - Rs 1.60 Per Unit/ Repayment Of Spv Debt - Rs 2.96 Per Unit/ Dividend - Re 0.88 Per Unit/ Interest On Fixed Deposit - Re 0.06 Per Unit
2026-02-03Distribution - Rs 5.40 Per Unit Consisting Of Interest - Rs 1.59 Per Unit/ Repayment Of Spv Debt - Rs 2.60 Per Unit/ Dividend - Re 0.94 Per Unit/ Interest On Fixed Deposit - Re 0.27 Per Unit
2025-11-07Distribution - Rs 5.25 Per Unit Consisting Of Interest - Rs 1.85 Per Unit/ Repayment Of Shareholder Loan - Rs 2.53 Per Unit/ Dividend - Re 0.83 Per Unit/ Interest On Fixed Deposit - Re 0.04 Per Unit
2025-08-06Distribution - Rs 5.25 Per Unit Consisting Of Interest - Rs 1.89 Per Unit/ Repayment Of Spv Debt And Ncds - Rs 2.71 Per Unit/ Dividend - Re 0.63 Per Unit/ Interest On Fixed Deposit - Re 0.02 Per Unit
2025-05-08Distribution - Rs 5.25 Per Unit Consisting Of Interest - Rs 1.97 Per Unit/ Repayment Of Spv Debt And Ncds - Rs 2.70 Per Unit/ Dividend - Re 0.54 Per Unit/ Interest On Fixed Deposit - Re 0.04 Per Unit
2025-02-04Distribution - Rs 4.90 Per Unit Consisting Of Interest - Rs 1.55 Per Unit/ Repayment Of Spv Debt And Ncds - Rs 2.21 Per Unit/ Dividend - Re 1.05 Per Unit/ Interest On Fixed Deposit - Re 0.09 Per Unit
2024-11-08Distribution - Rs 4.60 Per Unit Consisting Of Interest - Rs 1.66 Per Unit/ Repayment Of Spv Debt And Ncds - Rs 2.38 Per Unit/ Dividend - Re 0.51 Per Unit/ Interest On Fixed Deposit - Re 0.05 Per Unit
2024-08-14Distribution - Rs 4.50 Per Unit Consisting Of Interest - Rs 1.79 Per Unit/ Dividend - Re 0.51 Per Unit/ Interest On Fixed Deposit - Re 0.07 Per Unit/ Repayment Of Spv Loan Rs 2.13 Per Unit
2024-05-24Distribution - Rs 4.75 Per Unit Comprising Of Interest Rs 2.18 Per Unit/ Repayment Of Shareholder Loan - Rs 2.51 Per Unit/ Interest Income On Fixed Deposits - Re 0.06 Per Unit
2024-02-20Distribution Rs 4.75 Per Unit Comprising Of Interest Amount - Rs 2.21 Per Unit/Repayment Of Capital - Rs 2.48 Per Unit/Interest On Fixed Deposits- Re 0.06 Per Unit
2023-08-23Distribution Rs 3.85 Per Unit Comprising Of Interest Amount - Rs 1.79 Per Unit/Repayment Of Spv Debt - Rs 2.02 Per Unit/Interest On Fixed Deposits- Re 0.04 Per Unit
2023-05-26Distribution Rs 5 Per Unit Comprising Of Interest Amount - Rs 2.30 Per Unit/Repayment Of Spv Debt - Rs 2.66 Per Unit/Interest On Fixed Deposits- Re 0.04 Per Unit
2023-02-15Distribution Rs 5 Per Unit Comprising Of Dividend - Re 0.10 Per Unit/Interest Amount - Rs 2.27 Per Unit/Repayment Of Spv Debt - Rs 2.60 Per Unit/Interest On Fixed Deposits- Re 0.03 Per Unit
2022-11-15Distribution Rs 5.10 Per Unit Comprising Of Dividend - Re 0.09 Per Unit/Interest Amount - Rs 2.42 Per Unit/Repayment Of Spv Debt - Rs 2.57 Per Unit/Interest On Fixed Deposits- Re 0.02 Per Unit
2022-08-11Dividend - Rs 0.06 Per Unit/Interest Amount - Rs 2.45 Per Unit/Repayment Of Spv Debt - Rs 2.56 Per Unit/Fd And Income Tax Refund- 0.03
2022-05-25Dividend - Rs 0.07 Per Unit/Interest Amount - Rs 2.88 Per Unit/Repayment Of Spv Debt - Rs 2.15 Per Unit
2022-02-18Dividend - Rs 0.10 Per Unit/Interest Amount - Rs 3.28 Per Unit/Repayment Of Spv Debt - Rs 1.59 Per Unit/Fixed Deposit Interest -Rs 0.03 Per Unit
2021-11-16 Dividend - Rs Per 0.09 Unit/Interest Payment - Rs 3.88 Per Unit/Return On Capital - Rs 2 Per Unit/Interest On Fixed Deposit - Rs 0.03 Per Unit
2021-08-17 Dividend - Rs 0.45 Per Unit/Interest Amount - Rs 4.57 Per Unit/Return On Capital - Rs 0.98 Per Unit/ Interest On Fixed Deporsits - Rs 0.003
No announcements in our files yet.
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.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Brookfield India Real Estate Trust?

Brookfield India Real Estate Trust (BIRET) has a market capitalisation of Rs 27,706 Cr. at the 2026-10-01 close.

What is the P/E ratio of Brookfield India Real Estate Trust?

Brookfield India Real Estate Trust trades at a P/E of 51.6 on trailing twelve-month profit, at the 2026-10-01 close.

What were Brookfield India Real Estate Trust's latest quarterly results?

In the Jun 2026 quarter, Brookfield India Real Estate Trust sales was Rs 974 Cr (+51.7% vs Jun 2025) and net profit was Rs 221 Cr.

What is the 52-week high and low of Brookfield India Real Estate Trust?

The 52-week high is Rs 375.69 and the 52-week low is Rs 312.05.

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