Brookfield India Real Estate Trust

Brookfield India Real Estate Trust

₹ 269 1.28%
03 Jul - 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 12,929 Cr.
  • Current Price 269
  • High / Low 272 / 231
  • Stock P/E
  • Book Value 234
  • Dividend Yield %
  • ROCE 4.80 %
  • ROE -0.04 %
  • Face Value

Pros

  • Stock is trading at 1.15 times its book value
  • Company is expected to give good quarter

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 1.41% over last 3 years.
  • Promoter holding has decreased over last 3 years: -10.5%

* 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

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
130.94 219.08 211.71 195.09 250.91 291.04 303.60 299.93 302.42 314.09 399.71 530.78 535.90
46.53 64.02 61.80 56.46 76.18 90.02 97.13 98.75 95.51 102.97 130.76 153.82 139.77
Operating Profit 84.41 155.06 149.91 138.63 174.73 201.02 206.47 201.18 206.91 211.12 268.95 376.96 396.13
OPM % 64.46% 70.78% 70.81% 71.06% 69.64% 69.07% 68.01% 67.08% 68.42% 67.22% 67.29% 71.02% 73.92%
5.17 3.59 3.09 5.26 10.48 9.73 8.04 9.41 5.30 6.64 19.29 30.36 17.83
Interest 41.08 41.91 42.55 43.52 80.09 95.86 108.21 113.74 114.65 120.23 184.71 272.60 274.25
Depreciation 31.68 45.62 47.11 49.21 66.54 69.10 63.76 71.84 70.51 119.71 83.84 104.96 102.53
Profit before tax 16.82 71.12 63.34 51.16 38.58 45.79 42.54 25.01 27.05 -22.18 19.69 29.76 37.18
Tax % -61.59% -3.80% -7.81% -16.67% -15.29% -2.95% 37.21% 1.28% -20.89% -21.82% 89.99% 44.32% 87.63%
27.19 73.83 68.28 59.69 44.48 47.14 26.71 24.69 32.69 -27.01 1.96 16.57 4.61
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 0.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
131 877 1,197 1,780
48 258 381 527
Operating Profit 83 618 816 1,253
OPM % 63% 71% 68% 70%
5 22 32 74
Interest 41 208 432 852
Depreciation 32 208 275 411
Profit before tax 15 224 140 64
Tax % -69% -10% 7% 106%
25 246 131 -4
EPS in Rs 0.84 7.35 3.92 -0.09
Dividend Payout % 0% 274% 452% -17,044%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 139%
TTM: 49%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -103%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 0%
1 Year: 1%
Return on Equity
10 Years: %
5 Years: %
3 Years: 1%
Last Year: 0%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 8,177 8,987 8,656 10,910
Reserves 25 -105 -322 -654
2,111 5,190 5,508 12,063
681 713 799 3,293
Total Liabilities 10,995 14,786 14,641 25,612
10,107 13,632 13,546 23,998
CWIP 0 0 0 0
Investments 0 0 0 0
887 1,154 1,095 1,614
Total Assets 10,995 14,786 14,641 25,612

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
140 606 922 1,433
30 -1,385 -78 -2,144
146 667 -838 756
Net Cash Flow 316 -111 5 44

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 67 9 7 15
Inventory Days
Days Payable
Cash Conversion Cycle 67 9 7 15
Working Capital Days -1,236 -164 -126 -126
ROCE % 4% 4%

Shareholding Pattern

Numbers in percentages

Shareholding pattern is currently not available for this company.

Documents