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 ₹ 28,049 Cr.
- Current Price ₹ 338
- High / Low ₹ 376 / 311
- Stock P/E 52.3
- Book Value ₹ 260
- Dividend Yield 1.95 %
- ROCE 5.36 %
- ROE 2.75 %
- Face Value ₹ 323
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 80.1% CAGR over last 5 years
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 1.72% 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)
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|
| 131 | 877 | 1,197 | 1,787 | 2,390 | 2,971 | 3,301 | |
| 48 | 258 | 381 | 531 | 716 | 869 | 947 | |
| Operating Profit | 83 | 618 | 816 | 1,256 | 1,674 | 2,102 | 2,354 |
| OPM % | 63% | 71% | 68% | 70% | 70% | 71% | 71% |
| 5 | 22 | 32 | 61 | 83 | 100 | 145 | |
| Interest | 41 | 208 | 432 | 852 | 1,078 | 975 | 1,108 |
| Depreciation | 32 | 208 | 275 | 411 | 430 | 469 | 507 |
| Profit before tax | 15 | 224 | 140 | 54 | 250 | 758 | 884 |
| Tax % | -69% | -10% | 7% | 128% | 36% | 29% | |
| 25 | 246 | 131 | -15 | 160 | 537 | 626 | |
| EPS in Rs | 0.84 | 7.35 | 3.92 | 0.28 | 3.04 | 6.42 | 7.25 |
| Dividend Payout % | 0% | 274% | 0% | 0% | 622% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 35% |
| TTM: | 35% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 80% |
| 3 Years: | 54% |
| TTM: | 105% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 12% |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Equity Capital | 8,177 | 8,987 | 8,656 | 10,910 | 16,419 | 20,812 |
| Reserves | 25 | -105 | -322 | -786 | -1,081 | -1,292 |
| 2,111 | 5,190 | 5,508 | 12,113 | 9,083 | 16,583 | |
| 681 | 713 | 799 | 3,302 | 2,166 | 3,313 | |
| Total Liabilities | 10,995 | 14,786 | 14,641 | 25,539 | 26,588 | 39,416 |
| 10,107 | 13,632 | 13,546 | 23,998 | 23,855 | 36,640 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 1,072 | 883 |
| 887 | 1,154 | 1,095 | 1,540 | 1,660 | 1,892 | |
| Total Assets | 10,995 | 14,786 | 14,641 | 25,539 | 26,588 | 39,416 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 140 | 606 | 953 | 1,433 | 1,841 | 2,285 | |
| 30 | -1,385 | -109 | -2,028 | -74 | -6,048 | |
| 146 | 667 | -838 | 756 | -1,571 | 3,862 | |
| Net Cash Flow | 316 | -111 | 5 | 161 | 196 | 100 |
| Free Cash Flow | 91 | 492 | 948 | 1,415 | 1,840 | 2,284 |
| CFO/OP | 100% | 101% | 114% | 112% | 110% | 110% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 67 | 9 | 16 | 15 | 10 | 14 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 67 | 9 | 16 | 15 | 10 | 14 |
| Working Capital Days | -1,239 | -193 | -153 | -319 | -153 | -176 |
| ROCE % | 4% | 4% | 5% | 5% | 5% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Committed Occupancy % |
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| Gross Asset Value (GAV) Rs Billion |
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| Operating Area MSF |
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| Gross Leasing MSF |
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| In-Place Rent Rs PSF/month |
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| Number of Office Tenants Count |
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| Re-leasing Spread % |
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| Weighted Average Lease Expiry (WALE) Years |
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Extracted by Screener AI
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
- Brookfield India REIT held investor meetings on September 21-22, 2026 for Q1 FY27 business and financial updates.
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Reg 23(5)(i): Disclosure of material issue
- Kairos bought Delphi condo units for Rs. 752 million; ownership in building rises to 86% by Q3 FY2027.
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Reg 23(5)(i): Disclosure of material issue
- Brookfield India REIT presented Q1 FY27 business and financial update at Jefferies India Forum 2026.
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Reg 23(5)(i): Disclosure of material issue
- Brookfield India REIT held an investor meeting on September 15, 2026, discussing Q1 FY27 business and financial updates.
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Reg 23(5)(i): Disclosure of material issue
- Brookfield India REIT held investor meetings on Sept 8-9, 2026, presenting Q1 FY27 business and financial updates.
Annual reports
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Annual Report 2022
from bse
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Annual Report 2021
from bse
Concalls
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Aug 2026PPT
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May 2026Transcript PPT
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Jan 2026Transcript PPT
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Aug 2025Transcript PPT REC
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May 2025Transcript PPT
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Jan 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT
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Dec 2023Transcript PPT
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Nov 2023PPT
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Aug 2023Transcript PPT REC
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Jul 2023REC
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May 2023Transcript PPT REC
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Feb 2023PPT
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Nov 2022PPT
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Aug 2022PPT REC
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Jun 2022REC
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Jan 2022PPT REC
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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May 2021Transcript PPT
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May 2021PPT
Sponsor:[1]
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 $277 Billion in real estate Assets Under Management (AUM) and employing about 24,000 individuals across more than 50 countries.