Brookfield India Real Estate Trust
Brookfield India Real Estate Trust REIT is an India-based commercial real estate vehicle. The investment trust's portfolio consists of campus-format office parks. Its commercial assets are located in Mumbai, Gurgaon, Noida and Kolkata.[1]
- Market Cap ₹ 11,304 Cr.
- Current Price ₹ 257
- High / Low ₹ 282 / 231
- Stock P/E 36.7
- Book Value ₹ 253
- Dividend Yield %
- ROCE 3.53 %
- ROE 3.40 %
- Face Value ₹
Pros
- Company is almost debt free.
- Stock is trading at 1.01 times its book value
- Company has been maintaining a healthy dividend payout of 108%
Cons
- Tax rate seems low
- Company has a low return on equity of 3.91% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Real Estate Investment Trusts Industry: Construction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
957 | -0 | 436 | 327 | 398 | |
363 | 10 | 17 | 19 | 61 | |
Operating Profit | 594 | -10 | 419 | 307 | 337 |
OPM % | 62% | 87% | 96% | 94% | 85% |
274 | 72 | 35 | 44 | 0 | |
Interest | 714 | -0 | -0 | -0 | 20 |
Depreciation | 112 | -0 | -0 | -0 | 0 |
Profit before tax | 41 | 63 | 454 | 352 | 316 |
Tax % | 64% | -0% | 0% | 4% | |
15 | 63 | 452 | 339 | 308 | |
EPS in Rs | 2.07 | 13.50 | 10.11 | 8.21 | |
Dividend Payout % | -0% | -0% | 149% | 175% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -30% |
TTM: | 9% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 49% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | -9% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 4% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 65 | 8,177 | 8,987 | 8,656 | 11,108 |
Reserves | -2,285 | 63 | 139 | 128 | 91 |
6,922 | -0 | -0 | -0 | 701 | |
673 | 134 | 5 | 19 | 89 | |
Total Liabilities | 5,376 | 8,374 | 9,131 | 8,803 | 11,989 |
4,517 | -0 | -0 | -0 | -0 | |
CWIP | -0 | -0 | -0 | -0 | -0 |
Investments | -0 | 4,504 | 6,297 | 6,332 | 9,557 |
858 | 3,870 | 2,834 | 2,471 | 2,432 | |
Total Assets | 5,376 | 8,374 | 9,131 | 8,803 | 11,989 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
532 | -1 | -26 | -28 | |
98 | -3,610 | 185 | 701 | |
-436 | 3,773 | -144 | -681 | |
Net Cash Flow | 194 | 162 | 14 | -7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 17 | -0 | -0 | |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 17 | -0 | -0 | |
Working Capital Days | -163 | 50 | 70 | |
ROCE % | 1% | 5% | 4% |
Documents
Announcements
Annual reports
Concalls
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Feb 2024Transcript PPT
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Dec 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
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Aug 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPTREC
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May 2023Transcript PPT REC
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPTREC
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Jun 2022TranscriptNotesPPTREC
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Feb 2022TranscriptPPT
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Jan 2022TranscriptNotesPPTREC
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021Transcript PPT
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May 2021TranscriptNotesPPT
Asset Portfolio
As per FY21, the investment trust owns 4 office parks with total leasable area of ~14 million sq. ft. in gateway cities i.e. Gurugram, Noida, Kolkata and Mumbai.[1] The assets include :-
1. Candor Techspace G2 (Gurugram)
2. Candor Techspace N1 (Noida)
3. Candor Techspace K1 (Kolkata)
4. Nensington (Mumbai).[2]