MoneycontrolMoneycontrol

Aditya Birla Real Estate Q1 FY26 Booking Value Up 61% YoY to ₹4,225 Million

2 minuti di lettura

Aditya Birla Real Estate Limited reported a 61% year-on-year increase in booking value to ₹4,225 million for the first quarter of FY26. Collections also rose by 12% YoY to ₹5,453 million. The company has secured a ₹4,200 million investment from the International Finance Corporation (IFC) for residential projects in Pune and Thane.

Q1 FY26 Financial & Operational Highlights (in ₹ million)ParticularsQ1 FY26Q4 FY25Q1 FY25

YoY Change

Booking Value4,2252,6212,621

+61%Collections5,4534,8814,881

+12%Net Total Income1,4563,5333,948

-51%Net Leasing Income275288297

-4%Area Sold (Mn Sq ft)0.10.33.3

-

Financial PerformanceIn Q1 FY26, Aditya Birla Real Estate's net total income stood at ₹1,456 million, compared to ₹3,948 million in Q1 FY25, representing a decrease of 51% year-on-year. Net leasing income saw a slight decrease of 4% YoY, amounting to ₹275 million in Q1 FY26.Operational Highlights

The company achieved a booking value of ₹4,225 million in Q1 FY26, a significant increase of 61% compared to ₹2,621 million in the same quarter last year. Collections also increased by 12% YoY, reaching ₹5,453 million. However, the area sold decreased to 0.1 million sq ft in Q1 FY26.

Birla Estates has strengthened its brand presence by becoming the Principal Sponsor of the Royal Challengers Bangalore, enhancing brand visibility during the IPL season.The company continues to focus on ESG initiatives, with Birla Aurora and Birla Centurion receiving Bureau of Energy Efficiency (BEE) certification for energy-efficient developments.Investments and Strategic Alliances

Birla Estates secured a ~USD 50 million (₹4,200 million) investment from the International Finance Corporation (IFC) for projects in Manjri (Pune) and Thane, covering approximately 9.5 million sq. ft. of saleable area.Aditya Birla Real Estate has a strategic alliance with Mitsubishi Estate, with a ₹5,600 million joint venture for a premium residential project in Southeast Bengaluru, marking Mitsubishi's first investment in India's real estate sector.Project Overview

Aditya Birla Real Estate has a pan-India footprint with projects in Mumbai Metropolitan Region (MMR), NCR, Pune, and Bengaluru. The company has ongoing, upcoming, and completed projects across these regions, with a total portfolio estimated at ₹698,690 million.Region-wise, MMR has three ongoing projects with a saleable area of 3.2 million sq ft and a GDV of ₹104,689 million. Bengaluru has five ongoing projects with a saleable area of 7.5 million sq ft and a GDV of ₹70,604 million. NCR has two ongoing projects with a saleable area of 3.0 million sq ft and a GDV of ₹56,802 million, while Pune has one ongoing project with a saleable area of 0.3 million sq ft and a GDV of ₹4,440 million.Debt ProfileAs of June 2025, the outstanding debt stood at ₹50,646 million. Net debt, after deducting cash, bank balances, mutual funds, and RERA balances, was ₹39,459 million.Divestment

Century Pulp & Paper (CPP) was divested to ITC Ltd. in a slump sale for ₹34.98 billion, as part of a strategic shift to focus on the core real estate business.