Pre-sales Q4 FY26
₹4,288 crore
+69% QoQ
One of the strongest quarters to date, driven by new launches.
ADITYABIRLAREALESTATE
Infrastructure
30 Apr 2026
Aditya Birla Real Estate Ltd — Q4 FY26
Aditya Birla Real Estate delivered an exceptional Q4 FY26 with pre-sales of ₹4,288 crore (up 69% QoQ) and area sold of 3 million sq ft (up 75% QoQ), driven by strong new launches across NCR, Mumbai, Bangalore, and Pune.
✓ Verified against BSE filing
2-Min Summary
Aditya Birla Real Estate delivered an exceptional Q4 FY26 with pre-sales of ₹4,288 crore (up 69% QoQ) and area sold of 3 million sq ft (up 75% QoQ), driven by strong new launches across NCR, Mumbai, Bangalore, and Pune. Full-year pre-sales reached ₹8,136 crore with collections of ₹3,341 crore. The company has a GDV pipeline of ₹72,000 crore and is pursuing BD opportunities worth ₹60,000 crore. Management refrained from giving FY27 guidance due to approval uncertainties but expects strong sustenance sales. Key risks include potential launch delays from regulatory approvals and geopolitical impacts on buyer liquidity.
Key Numbers
Area sold Q4 FY26
3 million sq ft
+75% QoQ
Reflects robust demand across all regions.
Full-year pre-sales FY26
₹8,136 crore
+23% YoY
Strong annual performance despite lumpy launches.
BD pipeline GDV
₹60,000 crore
N/A
Pipeline includes MMR (35k), NCR, Bangalore, Pune; conversion uncertain.
Management Guidance
FY27 construction spend ~₹1,200 crore
Pure construction spend expected to be around ₹1,200 crore, up from ₹924 crore in FY26.
capexITC deal expected to close in Q1 FY27
Transaction with ITC progressing; state-level approvals pending, expected completion this quarter.
otherCommercial construction start in FY27
At least one commercial project (Worli/Century) construction to commence this year.
expansionKey Risks
Launch delays due to approvals
Key launches like Niara Tower C may slip to Q3 FY27 due to regulatory approvals (environmental/NGT).
high · management_commentaryGeopolitical impact on buyer liquidity
Middle East tensions affected cash flow for buyers, leading to flexible payment plans; could persist.
medium · analyst_questionBD conversion uncertainty
Despite ₹60,000 crore pipeline, BD conversion is lumpy; management unable to quantify FY27 additions.
medium · analyst_questionCost escalation from supply chain
Oil prices and supply disruptions may increase construction costs; contingency buffers may be insufficient if situation worsens.
medium · analyst_questionNotable Quotes
We achieved pre-sales of rupees 4,288 crores reflecting a robust 69% Q2 increase.
I would really refrain from giving any kind of guidance because it's very difficult to actually predict what kind of sales we can estimate.
We would like to be among the top real estate companies in India. But not just by size but also by reputation.