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 ₹ 13,383 Cr.
- Current Price ₹ 280
- High / Low ₹ 310 / 232
- Stock P/E 160
- Book Value ₹ 232
- Dividend Yield %
- ROCE 4.80 %
- ROE -0.04 %
- Face Value ₹
Pros
- 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: -14.2%
* 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 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|
131 | 877 | 1,197 | 1,780 | 2,231 | |
48 | 258 | 381 | 527 | 628 | |
Operating Profit | 83 | 618 | 816 | 1,253 | 1,602 |
OPM % | 63% | 71% | 68% | 70% | 72% |
5 | 22 | 32 | 74 | 80 | |
Interest | 41 | 208 | 432 | 852 | 1,109 |
Depreciation | 32 | 208 | 275 | 411 | 414 |
Profit before tax | 15 | 224 | 140 | 64 | 159 |
Tax % | -69% | -10% | 7% | 106% | |
25 | 246 | 131 | -4 | 84 | |
EPS in Rs | 0.84 | 7.35 | 3.92 | 0.54 | 1.79 |
Dividend Payout % | -0% | 274% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 139% |
TTM: | 69% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 159% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | -2% |
1 Year: | 17% |
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 | Sep 2024 | |
---|---|---|---|---|---|
Equity Capital | 8,177 | 8,987 | 8,656 | 10,910 | 11,925 |
Reserves | 25 | -105 | -322 | -654 | -783 |
2,111 | 5,190 | 5,508 | 12,063 | 12,204 | |
681 | 713 | 799 | 3,293 | 3,463 | |
Total Liabilities | 10,995 | 14,786 | 14,641 | 25,612 | 26,809 |
10,107 | 13,632 | 13,546 | 23,998 | 23,904 | |
CWIP | -0 | -0 | -0 | -0 | -0 |
Investments | -0 | -0 | -0 | -0 | 1,203 |
887 | 1,154 | 1,095 | 1,614 | 1,702 | |
Total Assets | 10,995 | 14,786 | 14,641 | 25,612 | 26,809 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
140 | 606 | 953 | 1,433 | |
30 | -1,385 | -109 | -2,028 | |
146 | 667 | -838 | 756 | |
Net Cash Flow | 316 | -111 | 5 | 161 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|
Debtor Days | 67 | 9 | 16 | 15 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 67 | 9 | 16 | 15 |
Working Capital Days | -1,236 | -164 | -126 | -126 |
ROCE % | 4% | 4% | 5% |
Documents
Announcements
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Reg 23(5)(i): Disclosure of material issue
14 Nov - Submission of half yearly report for Brookfield India REIT.
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Reg 23(5)(i): Disclosure of material issue
11 Nov - Submission of valuation report for Brookfield India REIT.
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Reg 23(5)(i): Disclosure of material issue
8 Nov - Intimation of financial results for Q2 and H1 2024.
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Reg 23(5)(i): Disclosure of material issue
7 Nov - Earnings call for Q2 FY 2025 results.
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Reg 23(5)(i): Disclosure of material issue
7 Nov - Approved financial results for Q2 and distribution declaration.
Annual reports
Concalls
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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 2023TranscriptNotesPPT
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Aug 2023Transcript PPT REC
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Jul 2023TranscriptNotesPPTREC
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May 2023Transcript PPT REC
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Jul 2022TranscriptNotesPPTREC
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Jun 2022TranscriptNotesPPTREC
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Feb 2022TranscriptPPT
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Jan 2022TranscriptNotesPPTREC
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Nov 2021TranscriptPPT
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Aug 2021TranscriptPPT
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May 2021Transcript PPT
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May 2021TranscriptNotesPPT
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]