Aditya Birla Real Estate Limited — Q2FY27 earnings call summary

Filed 30 October 2026 · Official transcript

Multiple analyst queries on presales guidance and project launches; mgmt emphasizes long-term value focus
FY27 construction cost expected ~INR1,300 Cr; commercial capex ~INR1,400-1,500 Cr over 4 years
Residential demand strong in premium segments; NCR cancellations resold at higher prices
EBITDA margins: Birla Tisya 28%, Birla Navya 35%
1HFY27 total income rose 309% y-y to INR355 Cr; Q2 income INR268 Cr, up 755% y-y
Collections up 39% y-y to INR1,465 Cr in 1HFY27; Q2 collections INR752 Cr, +47% y-y
New JDA in Pune Hinjewadi with GDV ~INR1,650 Cr; Worli Tower C redesign adds INR1,900 Cr GDV
Commercial portfolio planned to grow rental income from INR150 Cr to INR1,500 Cr