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Revenue
₹82.61 Cr
verified against source
Revenue YoY
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reported change
EBITDA
Pending
latest reported figure
Source
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Actual signal trajectory
Where this quarter sits.
Quarter read
What the record says.
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.
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Guidance to track
- Pure construction spend expected to be around ₹1,200 crore, up from ₹924 crore in FY26.
- Transaction with ITC progressing; state-level approvals pending, expected completion this quarter.
- At least one commercial project (Worli/Century) construction to commence this year.
Risks flagged
- Key launches like Niara Tower C may slip to Q3 FY27 due to regulatory approvals (environmental/NGT).
- Middle East tensions affected cash flow for buyers, leading to flexible payment plans; could persist.
- Despite ₹60,000 crore pipeline, BD conversion is lumpy; management unable to quantify FY27 additions.
- Oil prices and supply disruptions may increase construction costs; contingency buffers may be insufficient if situation worsens.
Key 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.
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