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← CockpitCompetitor Analysis › ABREL.NS Aditya Birla Real EstateOpen in the cockpit ↗

Aditya Birla Real EstateABREL.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Textiles

Real estate developer of the Aditya Birla Group (Birla Estates brand), building residential and commercial projects, demerged from Century Textiles.

≈ Aditya Birla Group's real estate armMomentum laggard 11
Mkt cap
$1.26B
US dollars, full cap
Free float
46%
of shares outstanding
$/day
$2.66M
20-day average traded
Fwd P/E
n/m
no positive forecast
ROIC−WACC
-20.7 pp
WACC 17.5%
Hurdle
+71 pp
Req g minus delivered
Next earnings
90 days
4 Feb 2027
Close · INR₹1,068
1D-2.0%
1W+6.4%
1M+1.8%
3M-23.2%
6M-32.9%
YTD-36.2%
1Y-43.5%
ATR %4.7%
Beta1.49
52w lowhigh44.2% off high

What Aditya Birla Real Estate does

Real estate developer of the Aditya Birla Group (Birla Estates brand), building residential and commercial projects, demerged from Century Textiles.

Earns when homes in its projects are sold and handed over, so results arrive in bursts around launches and completions rather than steadily. It uses the Aditya Birla Group name through its Birla Estates brand, which helps with buyer trust.

In one line: Aditya Birla Group's real estate arm.

Products and services

  • Residential projects (Birla Estates)
  • Commercial developments
  • Legacy pulp/paper (residual)

Customers

  • Homebuyers
  • Commercial tenants

Where it sits in the supply chain

  • Land acquisition
  • Residential/commercial development
  • Sales/leasing

What could go right

  • Mumbai/Pune/Bangalore housing demand growth
  • New project launches

What could go wrong

  • Real estate cycle sensitivity
  • Execution/launch timing risk

Moat: none (brand). Aditya Birla Group brand trust helps sales, but real estate development has limited structural moat.

Headquarters: Mumbai, India · Employees: 6,839

Named competitors

Aditya Birla Real Estate at a glance

Size Aditya Birla Real Estate (ABREL.NS) is an India Materials company (Textiles) with a market value of $1.26B, the 532nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,068 on 6 Nov 2026.

Performance Over six months the shares fell 32.9%, against +21.0% for the median peer and 0.0% for the India market (cap-weighted) — 3rd lowest of 14 in its peer set.

Growth Revenue fell 26.2% over the last twelve months (peer median +1.8%); the operating margin is -18.6% (peer median 7.5%).

Valuation It trades at 10.6× enterprise value to sales against a peer median of 1.6× (most expensive of 14).

Price implies For today's price to make sense, revenue must grow about 40% a year for seven years (Req g). Recent delivered growth is -31%, so the hurdle is +71 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 20.7 points below its cost of capital (17.5% WACC).

Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026Peer median 118ABREL.NS 72
Six months, rebased to 100: Aditya Birla Real Estate against the median of its 14 peers (local-currency closes).

Aditya Birla Real Estate financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹11.8B₹4.07B₹12.2B₹8.99B₹38.0B
Revenue growth—-67%+36%-76%—
Gross profit₹2.06B-₹984M₹2.08B-₹23.3B₹94.1M
EBITDA-₹1.45B-₹3.44B₹348M-₹24.3B-₹452M
Net income₹7.58B-₹1.03B-₹1.61B₹505M₹2.72B
Free cash flown/a₹2.83B-₹16.6B-₹6.74B₹1.56B
Capital expendituren/a₹2.12B₹2.86B₹1.81B₹1.21B
Total debt₹36.4B₹56.4B₹50.0B₹25.0B₹10.6B

Quarterly statements and history in the cockpit →

Aditya Birla Real Estate competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-50%0%+50%+100%-20%0%TRIDENTARVINDICILVTL120110RAYMONDSANATHANALOKINDSFILATEXGHCLJINDWORLDNITINSPINMAYURUNIQABREL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Aditya Birla Real Estate is the large dot.

Fundamentals: revenue growth against valuation

-25%0%+25%+50%+75%5×10×TRIDENTARVINDICILVTL120110RAYMONDSANATHANALOKINDSFILATEXMAYURUNIQABREL.NSRevenue growth (TTM) →EV / Sales →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Aditya Birla Real Estate is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%TRIDENTARVINDICIL120110GHCLJINDWORLDNITINSPINABREL.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Aditya Birla Real Estate is the large dot.

Aditya Birla Real Estate competitors and peer comparison

Head to head with its named competitors (ABREL.NS vs GODREJPROP.NS vs OBEROIRLTY.NS vs SOBHA.NS)
CompanyMarket cap6M returnRevenue growthOp. marginEV / SalesReq g
Aditya Birla Real Estate ABREL.NS$1.26B-33%-26%-19%10.6×39.6%
Godrej Properties GODREJPROP.NS$5.77B-4%+17%21%n/an/a
Oberoi Realty OBEROIRLTY.NS$6.66B+4%+16%57%n/an/a
Sobha SOBHA.NS$1.44B-12%+10%4%n/an/a

How Aditya Birla Real Estate compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Aditya Birla Real Estate against its 14 peers (data as of 6 Nov 2026)
MeasureABREL.NSPeer medianRank in peer set
1-month return+1.8%-3.7%6th highest of 15
6-month return-32.9%+21.0%3rd lowest of 14
Distance from 52-week high-44.2%-20.0%3rd lowest of 15
Revenue growth (TTM)-26.2%+1.8%lowest of 14
Operating margin-18.6%7.5%lowest of 14
EV / Sales10.6×1.6×most expensive of 14
Growth the price implies (Req g, 7 yrs)39.6%18.5%most demanding of 10
Growth delivered (Del g)-30.9%+10.5%lowest of 10
Hurdle (Req g minus delivered)+70.5 pp+7.5 ppmost demanding of 10
ROIC minus cost of capital-20.7 pp-3.0 pplowest of 14

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginEV / SalesReq gDelivered g
Aditya Birla Real Estate ABREL.NSIndia$1.26B-33%-26%-19%10.6×39.6%-30.9%
Trident TRIDENT.NSIndia$1.29B-11%-4%11%1.9×18.5%+7.9%
Arvind ARVIND.NSIndia$1.43B+10%+19%8%1.6×21.1%+12.8%
Indo Count Industries ICIL.NSIndia$1.03B+68%+19%8%2.1×31.4%+10.5%
Vardhman Textiles VTL.NSIndia$1.56B-15%+3%9%1.4×n/an/a
Kolon Ind 120110.KSSouth Korea$858M-61%+2%4%0.8×4.2%+4.2%
Raymond RAYMOND.NSIndia$761M+111%-6%6%3.2×n/an/a
Kusumgar KUSUMGAR.NSIndia$612Mn/an/an/an/an/an/a
Sanathan Textiles SANATHAN.NSIndia$500M+21%+77%5%1.1×n/an/a
Alok Industries ALOKINDS.NSIndia$442M-41%+6%-4%7.7×n/an/a
Filatex India FILATEX.NSIndia$427M+100%0%6%0.9×20.8%+13.3%
GHCL GHCL.NSIndia$406M-21%+2%20%0.9×-2.5%+4.2%
Jindal Worldwide JINDWORLD.NSIndia$399M+39%-2%5%1.6×21.9%+6.0%
Nitin Spinners NITINSPIN.NSIndia$390M+33%0%11%1.1×6.8%+14.7%
Mayur Uniquoters MAYURUNIQ.NSIndia$344M+23%+16%22%3.2×14.8%+13.6%

Questions

Who are Aditya Birla Real Estate's main competitors?
Named competitors: Godrej Properties (GODREJPROP.NS), Oberoi Realty (OBEROIRLTY.NS), Sobha (SOBHA.NS). The cockpit's measured peer set (industry) also includes Trident (TRIDENT.NS), Arvind (ARVIND.NS), Indo Count Industries (ICIL.NS), Vardhman Textiles (VTL.NS), Kolon Ind (120110.KS), Raymond (RAYMOND.NS).
Is Aditya Birla Real Estate expensive compared with its peers?
On ev / sales it trades at 10.6× against a peer median of 1.6×, most expensive of 14 in its peer set. For today's price to make sense, revenue must grow about 40% a year for seven years (Req g). Recent delivered growth is -31%, so the hurdle is +71 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Aditya Birla Real Estate stock performed?
Over six months to 6 Nov 2026 the shares returned -32.9% against +21.0% for the median peer; over one year -43.5%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.