Aditya Birla Real Estate Limited (ABREL) is the real estate arm of Aditya Birla Group. The company, formerly known as Century Textiles and Industries Limited, was established in 1897 as a public limited company in Mumbai, which was changed to 'Aditya Birla Real Estate Limited' in 2024. The company is principally engaged in the manufacturing of textiles, cement, pulp and paper and real estate. The Company's segments include Textiles, Pulp and Paper, Real Estate and Others.
The company has evolved from a single-unit textile operation into a diversified conglomerate with significant interests across multiple sectors. The Textiles segment includes yarn, fabric, viscose filament yarn and tire yarn. The Pulp and Paper segment includes pulp, writing & printing paper, tissue paper and multilayer packaging board. The Real Estate segment includes residential projects, leased properties and investment properties.
Aditya Birla Real Estate has a market capitalization of ₹26,929 crore as of recent trading data. The company maintains a promoter holding of 50.2%. The stock is currently trading at a price-to-book ratio of 7.01 times its book value.
The company has shown mixed financial performance in recent quarters. For Q4 FY25, Aditya Birla Real Estate incurred a loss of ₹131.01 crore, compared to a profit of ₹3.83 crore in Q4 FY24. In Q4 FY25, the company's revenue stood at ₹391.9 crore, down 42.62% year-on-year. Total expenses during the quarter were ₹447.11 crore, down 29.62% year-on-year.
However, the full-year performance showed improvement in revenue. For the full year FY25, the company's revenue grew 35.42% year-on-year to ₹1,203.4 crore. However, it reported a net loss of ₹161.3 crore for FY25, against a profit of ₹50.53 crore in FY24.
The company also performed well in Q2 FY25, showing strong operational improvements. In Q2 FY25, the company posted a 31% year-on-year growth in revenue, reaching ₹1,128 crore compared to ₹864 crore in the same quarter last year. The company turned profitable with a net profit of ₹2.8 crore, recovering from a net loss of ₹33 crore in the year-ago quarter.
The real estate division has emerged as a significant growth driver for the company. Birla Estates, a wholly owned subsidiary of Aditya Birla Real Estate, has clocked its highest-ever booking value of Rs 8,000 crore for FY25 across key focus markets. This success is underlined by Birla Arika, Gurugram (phase 1) which achieved a record-booking value of approximately Rs 3,100 crore for over 300 units.
The company witnessed a remarkable 17x surge in booking value in its residential sector from FY20 to FY25, displaying a strong growth trajectory and has shown a 100% growth over FY24. In the last quarter of FY25, the company launched 5 projects across its key markets of NCR, Bengaluru and forayed into the Pune market recording its biggest quarter sales.
The company has made several strategic moves to strengthen its position in the market. During Q4 FY25, the company received board approval to sell its pulp and paper businesses to ITC for ₹3,498 crore via a slump sale. Birla Estates launched its first project in Pune—Birla Punya—with an estimated revenue potential of ₹2,700 crore. The company also entered a joint venture with Mitsubishi Estate, a global investor, for a ₹560 crore investment in a residential development in southeast Bengaluru through a special purpose vehicle.
Despite operational challenges, the company maintains its commitment to shareholders. The company has declared a dividend of Rs 2 per share for FY ended 31 March 2025. The 128th Annual General Meeting is scheduled for 30 July 2025.
The Company's subsidiaries include Birla Estates Private Limited, Birla Century Exports Private Limited, Birla Century International LLC, Avarna Projects LLP, Birla Tisya LLP and Birla Arnaa LLP. Birla Tisya LLP is engaged in real estate business.
The company faces certain operational challenges, including low interest coverage ratio and poor sales growth of -18.7% over the past five years. However, the strong performance in the real estate segment and strategic focus on premium locations position the company well for future growth.
The stock is listed on both NSE and BSE, providing liquidity for investors. The current market capitalization stands at ₹26,817 crore with a dividend yield of 0.08%. The company's diversified portfolio across textiles, real estate, and other sectors provides multiple revenue streams, though the real estate division through Birla Estates has emerged as the primary growth engine.
