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 ₹ 10,891 Cr.
- Current Price ₹ 325
- High / Low ₹ 340 / 220
- Stock P/E 44.2
- Book Value ₹ 265
- Dividend Yield %
- ROCE 3.55 %
- ROE 2.88 %
- Face Value ₹
Pros
Cons
- Tax rate seems low
- 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.
Peer comparison
Sector: Real Estate Investment Trusts Industry: Construction
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | |
|---|---|---|
| 131 | 877 | |
| 48 | 258 | |
| Operating Profit | 83 | 618 |
| OPM % | 63% | 71% |
| 5 | 22 | |
| Interest | 41 | 208 |
| Depreciation | 32 | 208 |
| Profit before tax | 15 | 224 |
| Tax % | -69% | -10% |
| Net Profit | 25 | 246 |
| EPS in Rs | 7.35 | |
| Dividend Payout % | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 570% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 873% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 21% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | |
|---|---|---|
| 8,177 | 8,987 | |
| Reserves | 25 | -105 |
| 2,111 | 5,190 | |
| 681 | 713 | |
| Total Liabilities | 10,995 | 14,786 |
| 10,107 | 13,632 | |
| CWIP | 0 | 0 |
| Investments | 0 | 0 |
| 887 | 1,154 | |
| Total Assets | 10,995 | 14,786 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | |
|---|---|---|
| 140 | 606 | |
| 30 | -1,385 | |
| 146 | 667 | |
| Net Cash Flow | 316 | -111 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | |
|---|---|---|
| Debtor Days | 67 | 9 |
| Inventory Days | ||
| Days Payable | ||
| Cash Conversion Cycle | 67 | 9 |
| Working Capital Days | -1,236 | -164 |
| ROCE % | 4% |
Documents
Announcements
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Update On Institutional Investor Meeting(S)
1d - Brookprop Management Services Private Limited as manager of Brookfield India Real Estate Trust ('Brookfield India REIT'), conducted meeting(s) with institutional investor(s) from June 27, 2022 …
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Intimation Of Closure Of Trading Window
2d - The trading window for trading in units of Brookfield India Real Estate Trust will be closed with effect from Friday, July 1, 2022, in terms …
- Submission Of The 2Nd Annual Report Of Brookfield India Real Estate Trust Along With The Notice Of 2Nd Annual Meeting Of Unitholders Of Brookfield India Real Estate Trust For The Financial Year Ended March 31, 2022 28 Jun
- Submission Of The 2Nd Annual Report Of Brookfield India Real Estate Trust Along With The Notice Of 2Nd Annual Meeting Of Unitholders Of Brookfield India Real Estate Trust For The Financial Year Ended March 31, 2022 28 Jun
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Update On Institutional Investor Meeting(S)
27 Jun - Brookprop Management Services Private Limited as manager of Brookfield India Real Estate Trust ('Brookfield India REIT'), conducted meeting(s) with institutional investor(s) from June 17, 2022 …
Annual reports
Concalls
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Feb 2022TranscriptPPT
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021Transcript PPT
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May 2021TranscriptPPT
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]