Aditya Birla Real Estate (ABREL), the rebranded identity of Century Textiles & Industries, has swiftly transformed into a focused real estate developer by leveraging the Birla Estates platform launched in 2016. The company has steadily scaled its presence across Mumbai, NCR, Bengaluru, and Pune, with a clear focus on premium and luxury residential projects, while selectively incorporating mixed-use and commercial assets.
Backed by disciplined land acquisition and capital-light partnerships, ABREL has built a launch pipeline of INR698.7b GDV (of which INR513.0b is unsold), with marquee projects such as Birla Niyaara in Mumbai and Birla Arika in Gurugram driving strong sales momentum. In FY25, ABREL recorded presales of INR80.9b, with collections more than doubling YoY to INR26.6b. However, profitability was impacted by the divestment of legacy businesses, resulting in a net loss of INR1.6b vs a profit of INR505m in FY24.
With completions on track, revenue is poised to clock a 69% CAGR over FY25-28E to reach INR58.9b. It is likely to post a 20% YoY growth in FY26 to INR14.6b. EBITDA and PAT are expected to see multifold growth at INR10.1b and INR9.8b, respectively, in FY28. With a robust project pipeline, deep parentage support, and improving execution, ABREL is well-placed to post a 26% CAGR in presales over FY25-28E and emerge as a top-tier player in the Indian real estate market.
