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 ₹ 28,535 Cr.
- Current Price ₹ 343
- High / Low ₹ 376 / 311
- Stock P/E 35.0
- Book Value ₹ 283
- Dividend Yield 7.33 %
- ROCE 4.63 %
- ROE 4.29 %
- Face Value ₹ 323
Pros
- Stock is providing a good dividend yield of 7.33%.
- Company is expected to give good quarter
- Company has delivered good profit growth of 67.0% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 113%
Cons
- Promoter holding has decreased over last quarter: -1.33%
- Tax rate seems low
- Company has a low return on equity of 4.28% over last 3 years.
- Promoters have pledged 90.0% of their holding.
* 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
Consumer Discretionary Realty Realty Real Estate Investment Trusts (REITs)
Part of Nifty REITs & Realty
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 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 957 | 0 | 436 | 335 | 389 | 631 | 871 | |
| 363 | 10 | 17 | 19 | 58 | 28 | 32 | |
| Operating Profit | 594 | -10 | 419 | 316 | 331 | 604 | 839 |
| OPM % | 62% | 87% | 96% | 94% | 85% | 96% | 96% |
| 274 | 72 | 35 | 36 | 0 | 219 | 118 | |
| Interest | 714 | 0 | 0 | 0 | 34 | 71 | 111 |
| Depreciation | 112 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 41 | 63 | 454 | 352 | 297 | 752 | 846 |
| Tax % | 64% | 0% | 0% | 4% | -0% | 5% | 4% |
| 15 | 63 | 452 | 339 | 298 | 714 | 815 | |
| EPS in Rs | 2.07 | 13.50 | 10.11 | 6.80 | 11.76 | 10.87 | |
| Dividend Payout % | 0% | 0% | 149% | 0% | 0% | 162% | 176% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 37% |
| TTM: | 38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 34% |
| TTM: | 14% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 9% |
| 1 Year: | 9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 4% |
| 3 Years: | 4% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 65 | 8,177 | 8,987 | 8,656 | 10,910 | 16,419 | 20,812 |
| Reserves | -2,285 | 63 | 139 | 128 | 71 | 304 | 425 |
| 6,922 | 0 | 0 | 0 | 728 | 669 | 2,712 | |
| 673 | 134 | 5 | 19 | 18 | -1,264 | -903 | |
| Total Liabilities | 5,376 | 8,374 | 9,131 | 8,803 | 11,729 | 16,128 | 23,046 |
| 4,517 | 0 | 0 | 0 | 0 | 0 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 4,504 | 6,297 | 6,332 | 9,537 | 11,187 | 18,163 |
| 858 | 3,870 | 2,834 | 2,471 | 2,191 | 4,941 | 4,884 | |
| Total Assets | 5,376 | 8,374 | 9,131 | 8,803 | 11,729 | 16,128 | 23,046 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 532 | -1 | -26 | -28 | -15 | -29 | -46 | |
| 98 | -3,610 | 185 | 701 | -2,108 | -2,363 | -4,898 | |
| -436 | 3,773 | -144 | -681 | 2,194 | 2,362 | 4,974 | |
| Net Cash Flow | 194 | 162 | 14 | -7 | 71 | -30 | 30 |
| Free Cash Flow | 361 | -1 | -26 | -28 | -15 | -29 | -46 |
| CFO/OP | 102% | 14% | -6% | -9% | -2% | -4% | -4% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 17 | 0 | 0 | 0 | 0 | 0 | |
| Inventory Days | |||||||
| Days Payable | |||||||
| Cash Conversion Cycle | 17 | 0 | 0 | 0 | 0 | 0 | |
| Working Capital Days | -229 | 50 | 68 | -655 | 5 | 28 | |
| ROCE % | 1% | 5% | 4% | 3% | 6% | 5% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Committed Occupancy % |
|
||||||||
| Gross Asset Value (GAV) Rs Billion |
|||||||||
| Operating Area MSF |
|||||||||
| Gross Leasing MSF |
|||||||||
| In-Place Rent Rs PSF/month |
|||||||||
| Number of Office Tenants Count |
|||||||||
| Re-leasing Spread % |
|||||||||
| Weighted Average Lease Expiry (WALE) Years |
|||||||||
Extracted by Screener AI
Documents
Announcements
-
Reg 23(5)(g): Outcome of Unitholder meetings
21 Jul - Unitholders approved FY26 audited financials, valuation report and valuer appointment at July 20, 2026 annual meeting.
-
Reg 26E: Quarterly Compliance Report on Corporate governance
21 Jul - Q1 FY27 governance report; Alok Aggarwal resigned June 30, 2026, Shashank Jain appointed July 1, 2026.
-
Unit Holding Pattern
21 Jul - Brookfield India REIT disclosed unitholding pattern for quarter ended June 30, 2026.
-
Investor Complaints
21 Jul - Q1 FY27 grievance report: 1 complaint received and resolved; none pending.
-
Reg 23(5)(g): Outcome of Unitholder meetings
20 Jul - Brookfield India REIT held its Sixth Annual Meeting on July 20, 2026; voting on FY26 financials and valuer appointment.
Annual reports
Concalls
-
May 2026Transcript PPT
-
Jan 2026Transcript PPT
-
Aug 2025Transcript PPT REC
-
May 2025Transcript PPT
-
Jan 2025Transcript PPT
-
Nov 2024Transcript PPT REC
-
Aug 2024Transcript PPT
-
May 2024Transcript PPT
-
Feb 2024Transcript PPT
-
Dec 2023Transcript PPT
-
Nov 2023TranscriptAI SummaryPPT
-
Aug 2023Transcript PPT REC
-
Jul 2023TranscriptPPTREC
-
May 2023Transcript PPT REC
-
Feb 2023TranscriptAI SummaryPPT
-
Nov 2022TranscriptAI SummaryPPT
-
Aug 2022TranscriptPPT REC
-
Jun 2022TranscriptPPTREC
-
May 2022Transcript PPT
-
Feb 2022Transcript PPT
-
Jan 2022TranscriptPPT REC
-
Nov 2021Transcript PPT
-
Aug 2021Transcript PPT
-
May 2021Transcript PPT
-
May 2021TranscriptAI SummaryPPT
Sponsor[1][2]
Brookfield is the sponsor of the REIT, which is a major entity in real estate, owning, operating, and managing one of the world’s largest and highest quality real estate portfolios, with approximately $278 Billion in real estate Assets Under Management (AUM) and employing about 25,000 individuals across more than 50 countries. The Sponsor Group also maintains a significant pipeline in India, owning an additional 26 msf of assets in complementary markets across the country.