Real estate developer of the Aditya Birla Group (Birla Estates brand), building residential and commercial projects, demerged from Century Textiles.
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.
Moat: none (brand). Aditya Birla Group brand trust helps sales, but real estate development has limited structural moat.
Headquarters: Mumbai, India · Employees: 6,839
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 flow | n/a | ₹2.83B | -₹16.6B | -₹6.74B | ₹1.56B |
| Capital expenditure | n/a | ₹2.12B | ₹2.86B | ₹1.81B | ₹1.21B |
| Total debt | ₹36.4B | ₹56.4B | ₹50.0B | ₹25.0B | ₹10.6B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req 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/a | n/a |
| Oberoi Realty OBEROIRLTY.NS | $6.66B | +4% | +16% | 57% | n/a | n/a |
| Sobha SOBHA.NS | $1.44B | -12% | +10% | 4% | n/a | n/a |
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.
| Measure | ABREL.NS | Peer median | Rank 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 / Sales | 10.6× | 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 pp | most demanding of 10 |
| ROIC minus cost of capital | -20.7 pp | -3.0 pp | lowest of 14 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Aditya Birla Real Estate ABREL.NS | India | $1.26B | -33% | -26% | -19% | 10.6× | 39.6% | -30.9% |
| Trident TRIDENT.NS | India | $1.29B | -11% | -4% | 11% | 1.9× | 18.5% | +7.9% |
| Arvind ARVIND.NS | India | $1.43B | +10% | +19% | 8% | 1.6× | 21.1% | +12.8% |
| Indo Count Industries ICIL.NS | India | $1.03B | +68% | +19% | 8% | 2.1× | 31.4% | +10.5% |
| Vardhman Textiles VTL.NS | India | $1.56B | -15% | +3% | 9% | 1.4× | n/a | n/a |
| Kolon Ind 120110.KS | South Korea | $858M | -61% | +2% | 4% | 0.8× | 4.2% | +4.2% |
| Raymond RAYMOND.NS | India | $761M | +111% | -6% | 6% | 3.2× | n/a | n/a |
| Kusumgar KUSUMGAR.NS | India | $612M | n/a | n/a | n/a | n/a | n/a | n/a |
| Sanathan Textiles SANATHAN.NS | India | $500M | +21% | +77% | 5% | 1.1× | n/a | n/a |
| Alok Industries ALOKINDS.NS | India | $442M | -41% | +6% | -4% | 7.7× | n/a | n/a |
| Filatex India FILATEX.NS | India | $427M | +100% | 0% | 6% | 0.9× | 20.8% | +13.3% |
| GHCL GHCL.NS | India | $406M | -21% | +2% | 20% | 0.9× | -2.5% | +4.2% |
| Jindal Worldwide JINDWORLD.NS | India | $399M | +39% | -2% | 5% | 1.6× | 21.9% | +6.0% |
| Nitin Spinners NITINSPIN.NS | India | $390M | +33% | 0% | 11% | 1.1× | 6.8% | +14.7% |
| Mayur Uniquoters MAYURUNIQ.NS | India | $344M | +23% | +16% | 22% | 3.2× | 14.8% | +13.6% |