Aditya Birla Real Estate
- Market cap
- ₹ 11,654 Cr.
- P/E
- 167.3x
- P/B
- 3.24x
- 52-week range
- 1,002.3 – 1,914
- ROE
- −3%
- ROCE
- −4%
- Dividend yield
- 0.2%
- Debt / equity
- 1.52
- Sector
- Realty
- Industry
- Residential, Commercial Projects
- Listed on
- NSE, BSE
About
Aditya Birla Real Estate Limited is an India-based company, which is engaged in the real estate business. The Company is principally engaged in Real estate and manufacturing of Pulp & Paper. It develops residential, commercial and mixed-use properties. It develops residential housing in various markets. Its segments include Pulp and Paper, Real Estate and Others. Pulp and Paper segments include pulp, writing and printing paper, tissue paper and multilayer packaging board. Real Estate segment includes residential projects, leased properties and investment properties. It is developing owned land parcels, and projects through Joint Ventures with landowners. Its projects are located in Mumbai, Bengaluru and National Capital Region (NCR). Its projects include Birla Anayu, Silas at Birla Niyaara, Birla Vanya, Birla Centurion, Birla Aurora, Century Bhavan, Birla Ojasvi RR Nagar, Birla Trimaya Devanahalli, Birla Tisya Rajajinagar, Birla Alokya Whitefield and Birla Navya.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Residential, Commercial Projects: 174 companies →Aditya Birla Real Estate against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)167.3 against a typical 23.8: pricier than most peers (1st = cheapest).149th of 173
- Sales growth+29.5% against a typical +6.6% from a year earlier.46th of 134
- Share price, 3 months−25% against a typical −9.9%.130th of 147
- Size₹ 11,653.8 Cr. market value against a typical ₹ 129.6 Cr. (1st = largest).11th of 163
Latest announcements
Exchange filings and their impact on the company.
- Paper sale for Rs 3,476 cr cuts debt by ~Rs 2,000 cr and real estate revenue jumps 8x, turning the company profitable.
Aditya Birla Real Estate reported Q2 FY27 results with consolidated continuing sales of Rs 824 cr versus Rs 97 cr a year ago and a continuing net profit of Rs 143 cr versus a loss. During the quarter it completed the sale of its Century Pulp and Paper business to ITC for Rs 3,476 crore, booking an Rs 868 crore gain and using Rs 3,299 crore net proceeds to repay about Rs 2,000 crore of debt. The board also approved appointing Ms. Jayati Bansal as independent director from December 2026. Debt-equity fell sharply and net worth rose to Rs 4,623 crore, positioning the company as a focused real estate player.
- Birla Estates adds Rs 1,650 cr Hinjewadi housing pipeline, ~3.6x annual sales, boosting near-term pre-sales.
Birla Estates, the wholly owned realty arm of Aditya Birla Real Estate, announced a new premium residential plus retail project in Hinjewadi, Pune through a joint development agreement. The 5.62-acre project will offer about 1.25 million sq ft of saleable area with a total revenue potential of about Rs 1,650 crore. Located near the IT park, expressway and upcoming metro, it expands the company's Pune presence alongside Birla Punya and Birla Evam and adds a large future sales pipeline.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
High safety
Rated AA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CARE | Withdrawn | Positive | 9 Oct 2026 |
| CRISIL | Crisil AA | Stable | 11 Aug 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 9 Oct 2026 | Withdrawn | was CARE AA | High | CARE | — | |
| 11 Aug 2026 | Reaffirmed | Crisil AA/Watch Developing → Crisil AA | — | CRISIL | ₹ 4,194 Cr. | |
| 1 Jun 2026 | Withdrawn | was Crisil AA/Watch Developing | — | CRISIL | ₹ 5,044 Cr. | |
| 4 Mar 2026 | Withdrawn | was Crisil AA/Watch Developing | — | CRISIL | ₹ 5,894 Cr. | |
| 31 Dec 2025 | Reaffirmed | CARE AA | — | CARE | ₹ 3,950 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 26 Oct 2026 | Financial Results | To consider and approve the financial results for the period ended September 30, 2026 |
| 13 Aug 2026 | Financial Results | Aditya Birla Real Estate Limited has informed Exchange that the meeting of the Board of Directors of the Company is scheduled to be held on 13th August 2026, inter alia, to consider and approve the Unaudited Standalone and Consolidated Financial results of the Company for the quarter ended 30th June, 2026 |
| 6 May 2026 | Financial Results/Dividend | To consider and approve the Audited Standalone and Consolidated financial results for the year ended March 31, 2026 and dividend, if any |
| 28 Jan 2026 | Financial Results | To consider and approve the unaudited financial results for the period ended December 31, 2025 |
| 28 Oct 2025 | Financial Results/Fund Raising/Other business matters | To consider and approve the financial results for the period ended September 30, 2025, Fund Raising and other business matters |
| 23 Jul 2025 | Financial Results/Fund Raising | To consider and approve the financial results for the period ended Jun 30, 2025 and Fund Raising |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | 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 | 863 | 1,070 | 814 | 353 | 266 | 204 | 395 | 146 | 98 | 81 | 83 | 189 |
| Expenses | 814 | 879 | 615 | 316 | 239 | 222 | 425 | 188 | 172 | 172 | 248 | 246 |
| Operating Profit | 49 | 191 | 199 | 38 | 27 | −18 | −31 | −42 | −74 | −91 | −166 | −57 |
| OPM % | 6% | 18% | 24% | 11% | 10% | −9% | −8% | −29% | −75% | −112% | −200% | −30% |
| Other Income | −12 | 3 | −114 | 19 | 14 | −8 | −119 | 32 | 71 | 19 | 129 | 49 |
| Interest | 10 | 8 | 10 | 11 | 15 | 8 | 12 | 7 | 18 | 19 | 21 | 26 |
| Depreciation | 51 | 53 | 15 | 16 | 16 | 16 | 16 | 16 | 16 | 18 | 18 | 17 |
| Profit before tax | −24 | 133 | 60 | 30 | 9 | −50 | −177 | −33 | −37 | −108 | −76 | −51 |
| Tax % | 36% | 40% | 66% | 42% | 69% | −15% | −24% | −18% | −51% | −31% | −107% | −32% |
| Net Profit | −33 | 80 | 21 | 17 | 3 | −42 | −135 | −27 | −18 | −75 | 5 | −35 |
| EPS in Rs | −2.73 | 7.46 | 0.34 | 0.7 | 0.23 | −3.63 | −11.73 | −2.28 | −1.41 | −6.52 | 0.97 | −3.45 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- —
- 5 Years
- −31%
- 3 Years
- −53%
- TTM
- −55%
- 10 Years
- —
- 5 Years
- —
- 3 Years
- —
- TTM
- −250%
- 10 Years
- 16%
- 5 Years
- 13%
- 3 Years
- 13%
- TTM
- —
- 10 Years
- 21%
- 5 Years
- 1%
- 3 Years
- −1%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Aditya Birla Real Estate | ₹ 1,054.00 | ₹ 11,654 Cr. | 167.3x | 3.2x | −3% | — |
| JK Paper | ₹ 356.65 | ₹ 6,450 Cr. | 24x | 1.2x | 5.1% | 3.9% |
| KS Smart Technologies Ltd | ₹ 77.34 | ₹ 1,269 Cr. | 14.6x | 7.5x | 49.9% | 7.4% |
| GHV Infra Projects | ₹ 244.90 | ₹ 1,937 Cr. | 34.4x | 12.4x | 55.9% | 7.9% |
| Seshasayee Paper and Boards | ₹ 199.05 | ₹ 1,259 Cr. | 16.2x | 0.7x | 4.1% | 4.8% |
| Andhra Paper | ₹ 63.63 | ₹ 1,256 Cr. | 64.7x | 0.6x | 1% | 1.1% |
Management
- Keyur Sanat Shah
- Chief Financial Officer
- Atul Kumar Mohanlal Kedia
- Joint President - Legal, Compliance Officer, Company Secretary
- Rajendra Kumar Dalmia
- Managing Director, Executive Director
Prices are delayed and for information only. Nothing on this page is investment advice.