Board Meeting Outcomes
The Board of Directors at its meeting held on 26th October, 2026 approved:
1. Standalone and Consolidated Unaudited Financial Results for the quarter and half year ended 30th September, 2026
2. Appointment of Ms. Jayati Bansal (DIN: 11938052) as an Independent Director for a first term of five years commencing from 06th December, 2026 to 05th December, 2031, subject to shareholder approval
Financial Results Summary (Standalone)
Quarterly Performance (Q2 FY27)
- Income from Operations: Rs 63.66 crore (Sales: Rs 63.66 crore, Other operating income: Rs 0.42 crore)
- Other Income: Rs 78.28 crore
- Total Income: Rs 142.36 crore
- Total Expenses: Rs 57.44 crore
- Profit before exceptional items and tax: Rs 84.92 crore
- Profit before tax from continuing operations: Rs 84.92 crore
- Tax expenses: Rs 21.67 crore (Current Tax: Rs 12.99 crore, Deferred Tax: Rs 8.68 crore)
- Net Profit from continuing operations: Rs 63.25 crore
- Net Profit from discontinued operations: Rs 775.39 crore
- Net Profit for the period: Rs 838.64 crore
- Total Comprehensive Income: Rs 848.02 crore
Half-Yearly Performance (H1 FY27)
- Income from Operations: Rs 126.50 crore
- Other Income: Rs 142.40 crore
- Total Income: Rs 269.88 crore
- Total Expenses: Rs 143.24 crore
- Profit before exceptional items and tax: Rs 126.64 crore
- Profit before tax from continuing operations: Rs 126.64 crore
- Tax expenses: Rs 32.28 crore (Current Tax: Rs 14.77 crore, Deferred Tax: Rs 17.51 crore)
- Net Profit from continuing operations: Rs 94.36 crore
- Net Profit from discontinued operations: Rs 807.76 crore
- Net Profit for the period: Rs 902.12 crore
- Total Comprehensive Income: Rs 951.91 crore
Earnings Per Share (Standalone)
Quarter Ended 30.09.2026:
- Basic EPS - Continuing operations: Rs 5.71
- Diluted EPS - Continuing operations: Rs 5.70
- Basic EPS - Discontinued operations: Rs 70.00
- Diluted EPS - Discontinued operations: Rs 69.80
- Basic EPS - Total: Rs 75.71
- Diluted EPS - Total: Rs 75.50
Six Months Ended 30.09.2026:
- Basic EPS - Continuing operations: Rs 8.52
- Diluted EPS - Continuing operations: Rs 8.50
- Basic EPS - Discontinued operations: Rs 72.93
- Diluted EPS - Discontinued operations: Rs 72.72
- Basic EPS - Total: Rs 81.45
- Diluted EPS - Total: Rs 81.22
Segment Information (Standalone)
Revenue Breakdown (Quarter Ended 30.09.2026)
- Real Estate: Rs 49.32 crore
- Others: Rs 14.52 crore
- Total: Rs 63.84 crore
- Less: Inter-segment revenue: Rs 0.18 crore
- Sales from continuing operations: Rs 63.66 crore
- Sales from discontinued operations (Pulp & Paper): Rs 266.83 crore
- Total sales (continuing + discontinued): Rs 330.49 crore
Segment Results
Real Estate: Profit after depreciation but before finance costs: Rs 27.70 crore
Others: Profit after depreciation but before finance costs: Rs 11.45 crore
Discontinued Operations - Pulp & Paper Business
The Company completed the transfer of Pulp & Paper Business to ITC Limited on a going concern basis during the quarter ended September 30, 2026, pursuant to the Business Transfer Agreement executed on March 31, 2025.
Transaction Details:
- Consideration: Rs 3,476 crore
- Gain on disposal recognized: Rs 868.12 crore (disclosed as Exceptional Item)
- Financial performance of discontinued business for Q2 FY27:
- Total Income: Rs 268.10 crore
- Total Expenses: Rs 287.52 crore
- Profit/(Loss) before tax before exceptional items: Rs (19.42) crore
- Exceptional item: Rs 868.12 crore
- Total Tax expenses: Rs (73.38) crore
- Net profit: Rs 775.32 crore
Consolidated Financial Results
Quarterly Performance (Q2 FY27)
- Income from Operations: Rs 825.03 crore (Sales: Rs 824.27 crore, Other operating income: Rs 0.76 crore)
- Other Income: Rs 35.83 crore
- Total Income: Rs 860.86 crore
- Total Expenses: Rs 685.62 crore
- Profit/(Loss) before tax and share of profit/(loss) of joint venture: Rs 175.24 crore
- Share of Loss of Joint Venture: Rs (1.45) crore
- Profit before exceptional items and tax: Rs 173.79 crore
- Profit before tax from continuing operations: Rs 173.79 crore
- Tax expenses: Rs 30.48 crore (Current Tax: Rs 11.11 crore, Tax pertaining to earlier years: Rs 19.37 crore, Deferred Tax: Rs 0)
- Net Profit/(Loss) from continuing operations: Rs 143.31 crore
- Net Profit from discontinued operations: Rs 775.39 crore
- Net Profit for the period: Rs 918.70 crore
- Total Comprehensive Income: Rs 928.08 crore
Earnings Per Share (Consolidated)
Quarter Ended 30.09.2026:
- Basic EPS - Continuing operations: Rs 7.51
- Diluted EPS - Continuing operations: Rs 7.51
- Basic EPS - Discontinued operations: Rs 70.00
- Diluted EPS - Discontinued operations: Rs 69.79
- Basic EPS - Total: Rs 77.51
- Diluted EPS - Total: Rs 77.30
Key Financial Ratios (Standalone)
As at 30.09.2026:
- Debt-Equity ratio: 0.37 times
- Interest Service Coverage Ratio: 4.82 times
- Current Ratio: 1.55 times
- Net Worth: Rs 5,645.81 crore
- Debtors turnover: 9.51 times
- Inventory turnover: 0.80 times
- Operating Margin: 1.55%
- Net Profit Margin after exceptional item: 251.99%
Management Changes
Appointment of Independent Director:
- Ms. Jayati Bansal (DIN: 11938052) appointed as Independent Director
- Term: Five years from 06th December, 2026 to 05th December, 2031
- Subject to shareholder approval
- Profile: Former Deputy Managing Director - International Banking Group, SBI with 35+ years banking experience
- Currently holds directorships in BOB Securities & Giltedge Limited and Jhabua Power Limited
- Not related to any existing director or KMP of the company
ESOP Details
During the quarter ended September 30, 2026:
- No stock options granted
- 73,030 ESOPs exercised
- Board proposed ABREL ESOP Scheme 2026 covering 8,29,000 stock options (subject to shareholder approval)
Additional Information
- The company changed its name from Century Textiles and Industries Limited to Aditya Birla Real Estate Limited
- Corporate ID No.: L17120MH1897PLC000163
- Results available on company website: www.adityabirlarealestate.com