Aditya Birla Real Estate Limited reported exceptional operative performance in Q3 FY26, with presales surging to INR2,536 crores, a sharp 276% year-on-year increase. Collections also rose significantly to INR1,290 crores, up 157% year-on-year. The company successfully launched Birla Pravaah in Gurugram, achieving a complete sellout within 24 hours, delivering over INR1,850 crores in presales. The company maintains optimism for exceeding the previous year’s presales target, with multiple launches planned.
Exceptional Q3 Performance
Aditya Birla Real Estate Limited (ABREL) showcased robust momentum in Q3 FY26, driven by successful launches and ongoing portfolio strength. Key highlights include:
- Presales: Grew to INR2,536 crores, a 276% year-on-year increase.
- Collections: Reached INR1,290 crores, up 157% year-on-year.
- 9-Month Performance: Presales totaled INR3,848 crores (up 64% year-on-year), with collections at INR2,347 crores (up 44% year-on-year).
Key Launches and Projects
The company experienced significant success with its new project launches:
- Birla Pravaah (Gurugram): Achieved a complete sellout within 24 hours, generating over INR1,850 crores in presales.
- Birla Evam (Manjri, Pune): Expanded into a new market and micro-market.
Ongoing projects like Birla Niyaara and Birla Evara continue to drive presales momentum.
Strategic Focus and Outlook
ABREL remains focused on design excellence, customer centricity, and maintaining high standards of safety and quality. The company is optimistic about the quarter ahead, with multiple launches planned across key regions. They are also principal sponsors of Gujarat Titans in the IPL, strengthening brand visibility.
Business Development and Expansion
The company is in advanced stages of discussion regarding potential new business development. They are hopeful of concluding deals worth at least about INR 10,000 crores before March 31, 2026. The focus remains on carefully chosen markets and prudent land prices.
Commercial Portfolio Growth
ABREL is progressing with the design for its commercial project in Niyaara, with approximately 1 million square feet of development planned. The company is aiming for rental income target of at least about INR1,000 crores in the next 4-5 years for the commercial portfolio.
Source: BSE
