ConCallIQ
Go Pro
ABREL Diversified 30 Oct 2025

Aditya Birla Real Estate Limited — Q2 FY26

Aditya Birla Real Estate reported strong Q2 FY26 bookings of ₹890 crore, up 111% QoQ, driven by flagship projects Birla Niara and Birla Alia.

bullish high
Compare with...
Revenue ₹98 Cr
EBITDA
PAT ₹-18 Cr
EBITDA Margin
Duration 54 min
Read Time 1 min read

✓ Verified against BSE filing

Risk Intelligence

Material risks this quarter

Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.

Risks

R

Niara Tower C launch delay

Management acknowledged risk of delay to April if approvals are not received in time.

medium · analyst_question
R

Execution scale-up challenges

Rapid scaling from 1 million sq ft to 35 million sq ft construction may strain operational capabilities.

medium · analyst_question
R

Net debt increase

Net debt increased by ₹280 crore in Q2 due to milestone mismatches and pre-launch spending.

low · data_observation
R

Competition in luxury segment

Increased supply in Mumbai luxury segment could impact pricing power for Niara Tower C.

low · analyst_question