Aditya Birla Real Estate Ltd · NSE:ABREL
Aditya Birla Real Estate — Q2 FY26 Earnings Presentation
34 slides from Aditya Birla Real Estate's earnings presentation, Oct 28, 2025
Slide 1: Exchange filing cover letter for earnings presentation
REAL ESTATE SH/XII/097 /2025 28th October, 2025 Corporate Relationship Department Listing Department BSE Limited National Stock Exchange oflndia Limited 1st Floor, Phiroze Jeejeebhoy Towers Exchange Plaza, 5th floor, Dalal Street, Fort, Bandra-Kurla Complex Mumbai-400 001 Sandra (East), Mumbai-400 0
Slide 2: Earnings Presentation Q2FY26
ADITYA BIRLA REAL ESTATE Earnings Presentation Q2FY26
Slide 3: Aditya Birla Real Estate
Aditya Birla Real Estate ADITYA BIRLA Legacy-Led. Execution-Driven. Future-Ready. REAL ESTATE Legacy & Trust Superior Design & Execution • 125-year-old legacy rooted in nation-building since 1897 • Superior new age design capabilities in all our projects • Part of the Aditya Birla Group, known for c
Slide 4: Key Annual Performance Indicators
Key Annual Performance Indicators REAL ESTATE Booking Value (₹ Mn) Gross Development Value (₹ Mn) ------- 80,875 698,690 450,000 39,849 215,550 226,130 19,125 21,831 184,040 4,642 6,210 52,240 FY 20 FY 21 FY 22 FY 23 FY 24 FY 25 FY20 FY21 FY22 FY23 FY24 FY25 Collection Value (₹ Mn) & Collection Effi
Slide 5: Market Insights – Residential
Market Insights – Residential ADITYA BIRLA REAL ESTATE India's residential real estate market demonstrated positive activity throughout H1 FY 2026. This period witnessed sales of 2,92,238 housing units. 2,92,238 2,60,076 1,44,773 1,15,158 Units sold in H1 FY 2026 Units launched in H1 FY 2026 Units s
Slide 6: Real Estate: Q2 FY26 Highlights
Real Estate: Q2 FY26 Highlights 5 Birla Anayu, Mumbai (Artist’s Impression)
Slide 7: Q2 FY26 Highlights: Real Estate
Q2 FY26 Highlights: Real Estate • Booking Value stood at ₹ 8,895 Mn in Q2FY26, up 111% against Q1FY26(₹ 4,225 Mn). • Q2 FY26 saw strong sales pickup in Birla Niyaara (Mumbai) – ₹ 3,200 Mn and Birla Evara (Bangalore) – ₹ 3,257 Mn. • RERA launch approval has been received for two projects in Pune - Bi
Slide 8: Quarterly Financial & Operational Highlights
Quarterly Financial & Operational Highlights ADITYA BIRLA REAL ESTATE Net Total Income# (₹ Mn) Net Leasing Income (₹ Mn) Booking Value (₹ Mn) -66% 6% -37% 306 14,123 925 289 275 553 8,895 313 4,225 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Q2 FY25 Q1 FY26 Q2 FY26 Collection (₹ Mn) Area Sold (M
Slide 9: Half Yearly Financial & Operational Highlights
Half Yearly Financial & Operational Highlights ADITYA BIRLA REAL ESTATE Net Total Income # (₹ Mn) Net Leasing Income (₹ Mn) Booking Value (₹ Mn) -58% 1% -22% 2,054 577 581 16,744 13,120 867 H1 FY25 H1 FY26 H1 FY25 H2 FY26 H1 FY25 H1 FY26 Collection (₹ Mn) Area Sold (Mn Sq ft) -7% -39% 11,320 1.4 10,
Slide 10: Real Estate: Projects Overview
---- -----:::--- Real Estate: Projects Overview 9 Birla Niyaara, Worli (Artist’s Impression)
Slide 11: Pan India Footprint
Pan India Footprint ADITYA BIRLA REAL ESTATE Mumbai Metropolitan Region (9 projects) NCR (4 projects) Projects with a revenue potential of Birla Centurion, Worli (C) Birla Aurora, Worli (C) Birla Navya, Golf Course Ext. Rd. Birla Arika, Sector 31, Gurugram ~₹ 700 Billion Birla Vanya, Kalyan Mathura
Slide 12: Region Wise Performance
Region Wise Performance ADITYA BIRLA REAL ESTATE Ongoing Upcoming Region Wise Booking Value contribution (Q2FY26) Saleable Saleable GDV No. of GDV No. of Particulars Area Area (₹ Mn) Projects* (₹ Mn) Projects* (Mn Sq ft) (Mn Sq ft) 49% ■ MMR ■ Bengaluru MMR 3.2 1,04,689 3 11.6 3,25,755 4 ■ NCR 37% ■
Slide 13: Ongoing Residential Projects - MMR
Ongoing Residential Projects - MMR ADITYA BIRLA REAL ESTATE Total Saleable Balance Average Rate GDV Area Sold Booking value Collection Project Area inventory Per Sqft. Date of Projects Location Structure** Completion* ₹ Mn Mn Sq ft Sq ft ₹ Mn % of Booking ₹ Mn ₹ Own Land Birla Vanya Kalyan 11,500 1.
Slide 14: Worli, Mumbai - Portfolio
Worli, Mumbai - Portfolio ADITYA BIRLA REAL ESTATE Towers Area (Mn Sq ft) Status A 0.9 Launched B 0. 9 Launched C 0.7 Yet to be Launched D Total ~2.5 C Worli New Plot (D) ~2.6 Yet to be Launched Commercial Development ~1.3 Yet to be Launched Worli West ~0.4 Yet to be Launched E Grand Total ~6.8 The
Slide 15: Ongoing Residential Projects - Bengaluru
Ongoing Residential Projects - Bengaluru ADITYA BIRLA REAL ESTATE Total Saleable Balance Average Rate Project GDV Area Sold Booking value Collection Date of Projects Location Area inventory Per Sqft. Structure** Completion* ₹ Mn Mn Sq ft Sq ft ₹ Mn % of Booking ₹ Mn ₹ Birla Alokya Whitefield Outrigh
Slide 16: Ongoing Residential Projects - NCR
Ongoing Residential Projects - NCR ADITYA BIRLA REAL ESTATE Total Saleable Balance Average Rate GDV Area Sold Booking value Collection Project Area inventory Per Sqft. Date of Projects Location Structure** Completion* ₹ Mn Mn Sq ft Sq ft ₹ Mn % of Booking ₹ Mn ₹ Birla Navya (Ph 1) 4,834 0.44 0.44 4,
Slide 17: Ongoing Residential Projects - Pune
Ongoing Residential Projects - Pune ADITYA BIRLA REAL ESTATE Average Total Saleable Balance GDV Area Sold Booking value Collection Rate Per Project Area inventory Date of Projects Location Sqft. Structure** Completion* ₹ Mn In Mn Sq ft Sq ft ₹ Mn % of Booking ₹ Mn ₹ Birla Punya (Ph-1) Wellesley Road
Slide 18: FY26 Project Launch Pipeline
FY26 Project Launch Pipeline ADITYA BIRLA REAL ESTATE Economic Total Estimated GDV launch in Saleable Area Projects Location Ownership Interest GDV FY26 Mn Sq ft % ₹ Mn ₹ Mn Birla Niyaara - C Worli Own 100% 131,801 44,335 0.7 MMR Thane Project Thane Outright 56% 98,730 16,294 1.3 Plotted Boisar Outr
Slide 19: Total Project Portfolio
Total Project Portfolio ADITYA BIRLA REAL ESTATE Economic Total Saleable Land Area Estimated GDV Projects Ownership Interest Area Acres ₹ Mn % Mn Sq ft Ongoing Projects (A) 204 236,535 14.0 FY26 Pipeline (B) 123 139,323 7.8 Thane-Kalwa Outright 56% - 82,436 5.1 Worli – New Plot Own 100% 10 148,702 2
Slide 20: Existing Commercial Projects
Existing Commercial Projects Birla Aurora Birla Centurion Location Prabhadevi, Mumbai Location Worli, Mumbai Leasable Area (in sq ft) 0.26 Mn Leasable Area (in sq ft) 0.32 Mn Annual Gross Lease Rental Annual Gross Lease Rental ₹ 328 Mn. ₹ 331 Mn. H1 FY 2025-26 H1 FY 2025-26 Annual Gross Lease Rental
Slide 21: Strategic Alliances & Actions
Strategic Alliances & Actions 20 Birla Punya, Pune (Artist’s Impression)
Slide 22: Strategic Alliance with IFC
Strategic Alliance with IFC ADITYA BIRLA REAL ESTATE lnit ernational IFC Finance Corpo:r ation WORLD BANK GROUP About IFC: About the Partnership: The International Finance Corporation (IFC), Birla Estates secured a ₹4,200 Million investment part of the World Bank Group, is the premier from IFC for r
Slide 23: Strategic Alliance with Mitsubishi Estate
Strategic Alliance with Mitsubishi Estate ADITYA BIRLA REAL ESTATE J.. MITSUBISHI ESTATE MITSUBISHI ESTATE CO., LTD. About Mitsubishi: About the Partnership: Mitsubishi Estate is a leading Japanese real estate Birla Estates has entered a ₹5,600 Mn joint venture developer, renowned for its extensive
Slide 24: Strategic Divestment: Century Pulp and Paper
Strategic Divestment: Century Pulp and Paper Transaction Overview • Divestment of Century Pulp & Paper (CPP) to ITC Ltd. • Structured as a slump sale for ₹34.98 Bn (subject to adjustments) • Agreement signed on 31st March 2025 • Part of strategic shift to focus on core real estate business Rationale
Slide 25: Environment, Social and Governance (ESG)
Environment, Social and Governance (ESG) ADITYA BIRLA REAL ESTATE Environment Social Governance GRESB performance: ESG Data Book: IGBC Certification: • Developments Portfolio: GRESB score • Developed the ESG Data Book • Birla Punya has received IGBC Gold improved from 96 (2024) to a perfect for FY 2
Slide 26: Financial Overview
Financial Overview 25 Birla Trimaya, Bangalore (Artist’s Impression)
Slide 27: Debt Profile
Debt Profile ADITYA BIRLA REAL ESTATE Outstanding Debt (₹ Mn) 54,997 50,050 50,646 50,200 5,855 Net Debt 47,410 6,194 Particulars (₹ Mn) 8,240 7,213 6,910 Gross Debt 54,997 Less: Cash and Bank balance 933 Less: Mutual Funds 5,606 33,437 Less: RERA balances 6,196 Net Debt 42,263 33,533 33,800 32,400
Slide 28: Cash Flow Potential
Cash Flow Potential ADITYA BIRLA REAL ESTATE Monetization Progress & Unlaunched Potential (₹ Mn) ■ Collected ■ Outstanding Collections ■ Unsold ■ Unlaunched Projects Launched – INR 236,535 Mn 65,368 120,283 50,883 462,155 Total Booking Value – INR 185,651 Mn (78% of launched inventory)* Launched Pro
Slide 29: Profit & Loss : Q2 FY26 – Consolidated
Profit & Loss : Q2 FY26 – Consolidated ADITYA BIRLA REAL ESTATE (₹ In Million) Particulars Q2 FY26 Q1 FY26 Q2 FY25 Continuing Operations Total Sales 978 1,456 2,664 Other Income 154 118 94 Total Income 1,132 1,574 2,758 Total EBITDA -547 -281 364 Finance cost 177 71 155 Depreciation 157 155 157 PBT
Slide 30: Profit & Loss : H1 FY26 – Consolidated
Profit & Loss : H1 FY26 – Consolidated ADITYA BIRLA REAL ESTATE (₹ In Million) Particulars H1 FY26 H1 FY25 Continuing Operations Total Sales 2,434 6,197 Other Income 272 214 Total Income 2,706 6,411 Total EBITDA -828 938 Finance cost 248 265 Depreciation 312 319 PBT before share of loss of JV -1,388
Slide 31: Cash Flow Q2 FY26 - Consolidated
ADITYA BIRLA Cash Flow Q2 FY26 - Consolidated REAL ESTATE (₹ In Million) Continuing Discontinued No Particulars Total Operations Operations EBITDA -547 880 333 MAT/Advance Tax Paid -202 0 -202 Income Tax Refund 50 0 50 Collections 4,471 0 4,471 Project Development Cost -4,966 0 -4,966 Deposit from L
Slide 32: Cash Flow H1 FY26 - Consolidated
Cash Flow H1 FY26 - Consolidated (₹ In Million) Continuing Discontinued No Particulars Total Operations Operations EBITDA -828 1,270 442 MAT/Advance Tax Paid -281 0 -281 Income Tax Refund 50 0 50 Collections 9,080 0 9,080 Project Development Cost -10,300 0 -10,300 Deposit from Landowner recovered /
Slide 33: Disclaimer
Disclaimer Aditya Birla Real Estate Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in a
Slide 34: Thank You
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