Brookfield India Real Estate Trust (BIRET) had a P/E of 32.7× on 24 Jul 2024, above the industry P/E of 21.7×, and the shares are 30% below their 52-week high. It earns ROCE of 4.6% and ROE of 3.1%, and sales and net profit grew 35% and 54% a year over 3 years. It is a small-cap company with a market cap of ₹21,867 Cr, ranked 8th of 192 Realty companies by market cap; the shares fell 6.4% over the past year.
- –
- –
- –
- ₹262.38
- –
Health check
- ReturnsBehind
−6.4% over a year, better than 1 of 7 peers.
- Price tagPricier
P/E 32.7 vs industry 21.7.
- GrowthStrong
Sales +35.4%, profit +54.2% a year over 3 years.
- ProfitabilityWeak
ROCE 4.6% vs peer median 12.2%.
- Balance sheetn/a
Balance sheet figures aren’t reported.
- Red flags3 to check
Return on equity is low at 3.1%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹21,867 Cr
- Small cap
- P/E
- 32.7
- Industry 21.7
- Price to book
- 1.19
- Peers 4.09
- Dividend yield
- n/a
- ROE
- 3.1%
- Peers 10.3%
- ROCE
- 4.6%
- Peers 12.2%
- Debt to equity
- n/a
- EPS (TTM)
- ₹8.07
- OPM (TTM)
- 73.5%
- Sales growth
- +48.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 7.36
Strengths and risks
Strengths
- Quarterly sales up 48.3% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 3.1%.
- P/E of 32.7 against an industry P/E of 21.7.
- Interest coverage of only 2.2×.
About Brookfield India Real Estate Trust
No company description is available.
- ISIN
- INE0FDU25010
Price range
- Avg volume (3M)
- 4.7 L
- 1-year return
- minus 6.4%
- From 52-week high
- minus 29.9%
Peers · Realty
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLFDLF | 752.90 | plus 1.03% | 1,86,366 | 40.8 | 127.6 | 6.3% | 15.3% | 0.01 | 11.3% | minus 3.8% |
| LODHALodha Developers | 1,179.00 | plus 0.27% | 1,17,812 | 27.1 | 25.2 | 18.2% | 33.1% | 0.41 | 20.4% | minus 3.9% |
| PHOENIXLTDPhoenix Mills | 2,154.90 | plus 1.36% | 77,079 | 59.0 | 30.4 | 11.8% | 60.2% | 0.54 | 18.4% | plus 20.3% |
| PRESTIGEPrestige Estates Projects | 1,629.00 | minus 0.85% | 70,166 | 75.2 | 22.7 | 12.5% | 28.2% | 1.05 | 15.2% | minus 5.9% |
| OBEROIRLTYOberoi Realty | 1,739.00 | minus 0.13% | 63,230 | 24.0 | 18.8 | 16.7% | 57.5% | 0.14 | 12.9% | minus 2.2% |
| GODREJPROPGodrej Properties | 1,809.30 | minus 0.31% | 54,501 | 40.4 | – | 11.1% | −6.5% | 1.02 | 32.4% | minus 20.9% |
| EMBASSYEMBASSY OFFICE PARKS REIT | 369.92 | plus 1.51% | 35,064 | 92.7 | – | – | – | – | – | minus 3.6% |
| BIRETBrookfield India Real Estate Trust | 263.49 | plus 0.42% | 21,867 | 32.7 | – | – | – | – | – | minus 6.4% |
| Median of 7 peers | – | 0.27% | 70,166 | 40.8 | 25.2 | 12.2% | 30.6% | 0.48 | 16.8% | −3.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 | Sep 26 |
|---|---|---|---|---|---|---|
| – | 672 | 690 | 968 | 974 | 996 | |
| – | 298 | 186 | 257 | 261 | 258 | |
| 466 | 374 | 504 | 711 | 713 | 739 | |
| – | 55.7% | 73.1% | 73.4% | 73.2% | 74.2% | |
| −3.6 | – | 23.3 | 15.9 | 11.8 | 21.8 | |
| 205 | – | 212 | 355 | 338 | 317 | |
| 105 | – | 113 | 145 | 142 | 145 | |
| 0.1 | – | 0.7 | −3.4 | 33.7 | −60.9 | |
| 153 | – | 203 | 223 | 278 | 238 | |
| 13.4% | – | 1.0% | 75.9% | 20.5% | −16.2% | |
| 125 | – | 180 | 36.9 | 180 | 240 | |
| 2.05 | – | 2.71 | – | 2.22 | 2.89 |
Profit & loss
- Sales CAGR 3Y
- +35.4%
- Profit CAGR 3Y
- +54.2%
- EPS CAGR 3Y
- +23.0%
- ROE
- 3.1%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 1,197 | 1,787 | 2,390 | 2,971 | |
| – | +49.3% | +33.7% | +24.3% | |
| 378 | 525 | 642 | 809 | |
| 819 | 1,262 | 1,748 | 2,162 | |
| 68.5% | 70.6% | 73.2% | 72.8% | |
| 29.7 | 51.9 | 7.7 | 42.6 | |
| 432 | 852 | 1,078 | 975 | |
| 275 | 411 | 430 | 469 | |
| −1.1 | 3.6 | 1.6 | −2.3 | |
| 140 | 54.2 | 250 | 758 | |
| 6.5% | 128.3% | 35.9% | 29.2% | |
| 131 | 12.1 | 185 | 481 | |
| – | minus 90.8% | +1425.7% | +160.5% | |
| 3.92 | 3.92 | 3.63 | 7.29 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 8,656 | 10,910 | 15,111 | 18,818 | |
| −322 | −786 | −1,081 | −1,292 | |
| 5,508 | 12,113 | 9,083 | 16,583 | |
| 799 | 3,302 | 3,475 | 5,307 | |
| 14,641 | 25,539 | 26,588 | 39,416 | |
| 18.7 | 46.9 | 94.1 | 100 | |
| – | 6 | 10.9 | 22 | |
| 210 | 378 | 593 | 674 | |
| 14,412 | 25,107 | 25,890 | 38,619 | |
| 14,641 | 25,539 | 26,588 | 39,416 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 953 | 1,282 | 1,841 | 2,285 | |
| −109 | −2,154 | −73.7 | −6,048 | |
| −838 | 920 | −1,571 | 3,862 | |
| 5.3 | 48.4 | 196 | 99.2 | |
| −122 | −168 | −278 | −291 | |
| 831 | 1,114 | 1,563 | 1,995 | |
| −680 | −733 | −943 | −1,378 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.