Aditya Birla Real Estate Limited — Investor Meet, 21-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Aditya Birla Real Estate’s FY25 saw booking value soar over 2x to Rs.8,087 Cr and collections double to Rs.2,706 Cr, with revenue up 11% to Rs.1,157 Cr. Strong sales came from new launches in NCR, Bengaluru, and Pune. The order book expanded by Rs.25,000 Cr, pushing GDV near Rs.70,000 Cr. Management plans Rs.14,000 Cr in launches for FY26, mainly in H2, aiming for Rs.15,000 Cr annual sales over three years. Focus remains on execution quality and expansion into redevelopment and commercial segments. Post-divestment of the paper business, net debt should drop by ~Rs.2,000 Cr, easing leverage. Margins will stay subdued in FY26 due to fewer completions. The tone is confident, backed by a strong brand and solid sales pipeline.