Brookfield India Real Estate Trust

Brookfield India Real Estate Trust

₹ 257 1.04%
19 Apr 10:25 a.m.
About

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]

Key Points

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]

  • 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
-0 72 129 118 116 107 88 87 84 115 75 97 111
2 8 5 4 4 4 4 7 7 4 4 48 5
Operating Profit -2 65 124 114 113 103 83 80 78 111 71 49 105
OPM % 89% 96% 97% 97% 96% 95% 92% 92% 96% 95% 51% 95%
-0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Interest -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 7 14
Depreciation -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0 -0
Profit before tax -2 65 124 114 113 103 83 80 78 111 71 43 91
Tax % -0% -0% 0% 0% 0% 0% 1% 0% 0% 11% 1% -13% 1%
-2 65 124 114 112 102 83 80 77 99 70 48 90
EPS in Rs 2.13 4.09 3.77 3.71 3.05 2.48 2.38 2.30 2.95 2.10 1.10 2.06
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents