Aditya Birla Real EST Ltd
NSE: ABREL · Residential, Commercial Projects · sector
₹1,077.50NSE close 2026-10-26
Key numbers
Market cap₹12,035 cr
Price₹1,077.50
52w high / low₹1,914 / ₹1,002
P/E–Sector median 18.7x
P/B3.2xSector median 1.4x
Book value₹331.4
Dividend yield0.18%Sector median 0.54%
ROE-3.1%Sector median 5.5%
ROCE-4.4%Sector median 6.5%
OPM-88.7%Sector median 12.1%
Debt / equity1.52xSector median 0.36x
EV/EBITDA–Sector median 17.7x
Interest cover-5.0x
Current ratio1.23x
Sales growth 3y-56.1%Sector median +16.6%
Profit growth 3y–Sector median +28.0%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,381 cr vs borrowings ₹5,636 cr (FY26): borrowings are higher by ₹3,256 cr.
- Borrowings rose in each of the last 3 years (₹1,059 cr → ₹5,636 cr).
- Operating profit covered interest -5.0x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY25, FY24, FY23, FY22).
- Net loss in 6 of the last 8 quarters.
- Revenue was higher than a year earlier in 1 of the last 4 quarters.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹1,077.50 on 2026-10-26: -43.7% from the 52-week high, +7.5% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹2,858.40 · low ₹1,022.30
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,128 | 957 | 395 | 146 | 98 | 81 | 83 | 189 |
| EBITDA | 88 | 13 | -149 | -40 | -70 | -111 | -163 | -55 |
| OPM % | 7.8% | 1.3% | -37.7% | -27.4% | -71.6% | -137.2% | -196.8% | -29.3% |
| Other income | 11 | 5 | 13 | 12 | 15 | 9 | 16 | 17 |
| Net profit | 3 | -41 | -131 | -25 | -16 | -73 | 11 | -39 |
| EPS (₹) | 0.23 | -3.64 | -12.27 | -2.30 | -1.43 | -6.59 | 0.98 | -3.48 |
| Revenue YoY | -91.3% | -91.5% | -79.1% | +29.7% | ||||
| Profit YoY | -710.1% | – | – | – |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 4,131 | 4,800 | 4,514 | 1,219 | 407 | 450 |
| EBITDA | 445 | 662 | 661 | -94 | -384 | -399 |
| Net profit | 167 | 272 | 51 | -161 | -103 | -116 |
| EPS (₹) | 14.91 | 24.34 | 4.57 | -14.24 | -9.33 | -10.52 |
| Revenue growth | +16.2% | -6.0% | -73.0% | -66.6% | -82.8% | |
| Profit growth | +63.3% | -81.4% | -419.2% | – | – | |
| Dividend / share (₹) | 1.00 | 4.00 | 5.00 | 5.00 | 2.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -56.1% | -31.1% | -82.8% |
| Net profit | – | – | – |
| EPS | – | – | – |
| Share price | – | -40.2% (2y) | -34.1% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,887 | 3,979 | 3,840 | 3,701 |
| Borrowings | – | 1,059 | 2,502 | 4,997 | 5,636 |
| Cash & equivalents | – | 154 | 684 | 1,413 | 2,381 |
| Total assets | – | 8,452 | 10,510 | 16,533 | 20,233 |
| Fixed assets | – | 3,112 | 2,922 | 671 | 621 |
| Capital work in progress | – | 190 | 57 | 47 | 18 |
| Investments | – | 202 | 408 | 672 | 529 |
| Receivables | – | 156 | 166 | 105 | 17 |
| Inventory | – | 3,256 | 4,726 | 8,943 | 11,060 |
| Payables | – | 786 | 748 | 827 | 661 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | -51 | 271 | -315 | -1,293 | 747 |
| Cash from investing | -176 | 138 | -524 | -438 | -588 |
| Cash from financing | 207 | -553 | 1,272 | 2,218 | 299 |
| Capex | 128 | 121 | 181 | 286 | 212 |
| Free cash flow | -180 | 150 | -496 | -1,580 | 535 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 7.0% | 1.3% | -4.2% | -2.8% |
| ROCE % | – | 9.3% | 7.8% | -1.4% | -4.3% |
| Debtor days | – | 12 | 13 | 31 | 15 |
| Inventory days | – | 437 | 657 | 4,399 | 23,880 |
| Payable days | – | 106 | 104 | 407 | 1,428 |
| Cash conversion cycle (days) | – | 343 | 566 | 4,023 | 22,467 |
| Working capital days | – | 42 | 200 | 940 | 2,444 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.21% |
| FIIs | 8.99% |
| DIIs | 16.85% |
| of which Mutual funds | 15.45% |
| of which Insurance | 0.80% |
| Government | 0.00% |
| Public (non-institutions) | 23.27% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 50.21% | 50.21% | 50.21% | 50.21% | 50.21% | 50.21% | 50.21% | 50.21% |
| Promoter group | % |
|---|---|
| Pilani Investment and Industries Corporation Limited | 33.29% |
| IGH Holdings Private Limited | 9.98% |
| Birla Group Holdings Private Limited | 6.77% |
| Prakash Educational Society | 0.11% |
| Birla Educational Institution | 0.04% |
| Padmavati Investment Private Limited | 0.01% |
| Estate of Basant Kumar Birla | 0.00% |
| Public holders above 1% | % |
|---|---|
| Canara Robeco Mutual Fund A/C Canara Robeco Manufacturing Fund | 2.92% |
| Invesco India Contra Fund | 2.82% |
| Bandhan Nifty Total Market Index Fund | 2.36% |
| Aditya Birla Sun Life Mutual Fund - Aditya Birla Sun Life Elss Tax Saver Fund | 1.95% |
| Nippon Life India Trustee Ltd-A/C Nippon India Nifty Small Cap 250 Index Fund | 1.63% |
| Birla Corporation Limited | 1.62% |
| Hitesh Satishchandra Doshi | 1.48% |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | 1.40% |
93,164 shareholders. Pledged: 0.00% of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| ABREL | ₹12,035 cr | – | 3.2x | -3.1% | -4.4% | -88.7% | -56.1% | 0.18% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| ( c ) Pulp and Paper (Refer Note 3) | ₹3,062 cr | 88.3% | ₹178 cr | 5.8% |
| ( a ) Real Estate | ₹345 cr | 10.0% | ₹-381 cr | -110.3% |
| ( b ) Others | ₹59 cr | 1.7% | ₹30 cr | 51.0% |
| ( d ) Textiles | ₹0 cr | – | ₹33 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-07-14 | Dividend | Dividend - Rs 2.50 Per Share |
| 2025-07-15 | Dividend | Dividend - Rs 2 Per Share |
| 2024-07-11 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2023-07-17 | Dividend | Annual General Meeting/Dividend - Rs 5 Per Share |
| 2022-07-06 | Dividend | Annual General Meeting/Dividend - Rs 4 Per Share |
| 2021-07-06 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2020-08-14 | Dividend | Annual General Meeting/Dividend - Rs 3 Per Share |
| 2019-10-11 | Restructuring | Demerger |
| 2019-07-19 | Dividend | Annual General Meeting/Dividend - Rs 7.50 Per Share |
| 2018-07-20 | Dividend | Annual General Meeting / Dividend- Rs 6.50 Per Share |
| 2017-07-28 | Dividend | Annual General Meeting/Dividend - Rs 5.50 Per Share |
| 2016-07-18 | Dividend | Annual General Meeting/ Dividend - Rs 5.50/- Per Share |
| 2015-07-15 | Dividend | Annual General Meeting/ Dividend - Rs 5.50/- Per Share |
| 2014-07-11 | Dividend | Annual General Meeting / Dividend - Rs 5.50/- Per Share |
| 2013-07-08 | Dividend | Annual General Meeting And Dividend Rs.5.50 Per Share |
| 2012-07-16 | Dividend | Annual General Meeting/Dividend Rs 5.50 Per Share |
| 2011-07-26 | Dividend | Annual General Meeting/Dividend Rs 5.50 Per Share |
| 2010-07-12 | Dividend | Annual General Meeting And Dividend Rs.5.50 Per Share |
| 2009-07-10 | Other | Agm/Div-Rs.4.50 Pr Share |
| 2008-07-07 | Dividend | Agm/Dividend - 45% |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Construction and development:
- Manufacturing: Pulp and Paper: ABREL’s manufacturing facility in Lalkuan, Uttarakhand, is known for its diverse production capabilities. It encompasses a wide array of paper products such as writing and printing paper, tissue paper, and paperboard. Additionally, the facility also houses a dedicated unit to produce raw materials essential for viscose filament yarn, staple fibre, and paper-grade pulp, facilitating a vertically integrated process. This approach boosts sustainability and drives innovation, thereby reinforcing ABREL’s commitment to responsible manufacturing practices
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | ABREL |
| BSE code | 500040 |
| ISIN | INE055A01016 |
| Face value | ₹10.0 |
| Incorporated | 1897-10-18 |
| Website | www.adityabirlarealestate.com |
| Plants (India / abroad) | 2 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.