Brookfield India Real Estate Trust

Brookfield India Real Estate Trust

₹ 254 0.17%
26 Apr - close price
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 11,173 Cr.
  • Current Price 254
  • High / Low 282 / 231
  • Stock P/E 462
  • Book Value 238
  • Dividend Yield %
  • ROCE 4.10 %
  • ROE 1.52 %
  • Face Value

Pros

  • Stock is trading at 1.07 times its book value
  • Company is expected to give good quarter
  • Company has been maintaining a healthy dividend payout of 242%

Cons

  • Company has low interest coverage ratio.
  • Company might be capitalizing the interest cost

* 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.

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
0 131 219 212 195 251 291 304 300 302 314 400 531
2 47 64 62 56 76 90 97 99 96 103 131 154
Operating Profit -2 84 155 150 139 175 201 206 201 207 211 269 377
OPM % 64% 71% 71% 71% 70% 69% 68% 67% 68% 67% 67% 71%
0 5 4 3 5 10 10 8 9 5 7 19 30
Interest 0 41 42 43 44 80 96 108 114 115 120 185 273
Depreciation 0 32 46 47 49 67 69 64 72 71 120 84 105
Profit before tax -2 17 71 63 51 39 46 43 25 27 -22 20 30
Tax % 0% -62% -4% -8% -17% -15% -3% 37% 1% -21% -22% 90% 44%
-2 27 74 68 60 44 47 27 25 33 -27 2 17
EPS in Rs 0.90 2.44 2.25 1.97 1.33 1.41 0.80 0.74 0.98 -0.81 0.04 0.38
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 TTM
131 877 1,197 1,547
48 258 381 483
Operating Profit 83 618 816 1,064
OPM % 63% 71% 68% 69%
5 22 32 62
Interest 41 208 432 692
Depreciation 32 208 275 379
Profit before tax 15 224 140 54
Tax % -69% -10% 7%
25 246 131 24
EPS in Rs 0.84 7.35 3.92 0.59
Dividend Payout % 0% 274% 452%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 35%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -83%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 2%
1 Year: -8%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 2%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 8,177 8,987 8,656 11,108
Reserves 25 -105 -322 -497
2,111 5,190 5,508 11,938
681 713 799 3,416
Total Liabilities 10,995 14,786 14,641 25,965
10,107 13,632 13,546 24,119
CWIP 0 0 0 0
Investments 0 0 0 0
887 1,154 1,095 1,846
Total Assets 10,995 14,786 14,641 25,965

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
140 606 922
30 -1,385 -78
146 667 -838
Net Cash Flow 316 -111 5

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023
Debtor Days 67 9 7
Inventory Days
Days Payable
Cash Conversion Cycle 67 9 7
Working Capital Days -1,236 -164 -126
ROCE % 4% 4%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents