Aditya Birla Real Estate Ltd
NSE:ABREL
Aditya Birla Real Estate Ltd
Century Textiles & Industries Ltd. engages in the manufacture and distribution of textiles, yarn, and pulp & paper products, and also involves in real estate leasing business. The company is headquartered in Mumbai, Maharashtra and currently employs 2,640 full-time employees. The Company, through its subsidiary, Birla Estates Private Limited, is engaged in the real estate business. The firm is focused on developing residential, commercial and mixed-use properties. The company develops residential housing in various markets. The firm is developing land parcels both through outright purchases as well as asset light joint ventures apart from developing its own land parcels. Its projects are located in Mumbai, Bengaluru and National Capital Region (NCR). Its projects include Birla Anayu, Silas at Birla Niyaara, Birla Vanya, Birla Centurion, Birla Aurora, Century Bhavan, Birla Ojasvi RR Nagar, Birla Trimaya Devanahalli, Birla Tisya Rajajinagar, Birla Alokya Whitefield and Birla Navya. The firm is also engaged in pulp and paper business, which include pulp, writing and printing paper, tissue paper, and multilayer packaging board.
Century Textiles & Industries Ltd. engages in the manufacture and distribution of textiles, yarn, and pulp & paper products, and also involves in real estate leasing business. The company is headquartered in Mumbai, Maharashtra and currently employs 2,640 full-time employees. The Company, through its subsidiary, Birla Estates Private Limited, is engaged in the real estate business. The firm is focused on developing residential, commercial and mixed-use properties. The company develops residential housing in various markets. The firm is developing land parcels both through outright purchases as well as asset light joint ventures apart from developing its own land parcels. Its projects are located in Mumbai, Bengaluru and National Capital Region (NCR). Its projects include Birla Anayu, Silas at Birla Niyaara, Birla Vanya, Birla Centurion, Birla Aurora, Century Bhavan, Birla Ojasvi RR Nagar, Birla Trimaya Devanahalli, Birla Tisya Rajajinagar, Birla Alokya Whitefield and Birla Navya. The firm is also engaged in pulp and paper business, which include pulp, writing and printing paper, tissue paper, and multilayer packaging board.
Strong Bookings Growth: Q1 booking value reached INR 423 crores, up 61% year-on-year, driven by momentum in existing projects despite no new launches this quarter.
Collection Increase: Collections for the quarter were INR 545 crores, a 12% increase year-on-year.
IFC Investment: Birla Estates secured a USD 50 million (INR 420 crores) investment from IFC for projects in Pune and Thane, underlining global confidence in the platform.
Robust Launch Pipeline: Over INR 13,900 crores of gross development value is set to launch in FY '26, with most launches concentrated in Q3 and Q4.
Paper Business Divestment: Paper unit divestment is on track and expected to be completed by end of calendar year 2025.
ESG Recognition: Energy efficiency certifications were achieved, highlighting progress on sustainability initiatives.
Strategic Partnerships: Long-term collaborations with global partners like Mitsubishi and IFC are positioned as strategic moves for risk management and ESG focus, not short-term liquidity needs.
Positive Long-Term Outlook: Management reiterated a three-year annual sales target of INR 15,000 crores, emphasizing long-term growth over short-term guidance.
