Announced Wed, 21 May · 14:13 IST

Aditya Birla Real Estate Limited has informed the Exchange about Transcript

Cfo Debt Reduction RoadmapOrder Pipeline DisclosedAnalyst Day Multiyear TargetsMgmt Guided Margin PressureMgmt Evaded Key QuestionInvestor Communications View source PDF

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Awaiting price reaction for this filing.

AI summary

Aditya Birla Real Estate (formerly Century Textiles) shared the Q4FY25 earnings call transcript. For full-year FY25, booking value more than doubled to Rs.8,087 crores and collections doubled to Rs.2,706 crores, while revenue grew 11% YoY to Rs.1,157 crores; total project GDV is now close to Rs.70,000 crores. The board has approved the divestment of the pulp and paper business to ITC via slump sale for Rs.3,498 crores, expected to close by Q2FY26, which will sharpen focus on real estate. Management raised USD 33 million from Mitsubishi Estate for Birla Evara (Bengaluru) at a 51:49 structure, and outlined FY26 plans including Rs.14,000 crores of new launches and Rs.15,000–20,000 crores of new land deals, with a three-year target of Rs.15,000 crores in annual pre-sales.

Likely market impact

Strong doubling of pre-sales and collections validates the real estate pivot and should be viewed positively by investors, though management flagged soft FY26 EBITDA due to no major project deliveries. The paper divestment will retire ~Rs.2,000 crores of debt, leaving ~Rs.1,200 crores in treasury for growth, improving the balance sheet and net debt-to-equity (currently 0.92).