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Brookfield India Real Estate Trust (BIRET)

₹267.51.52%

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Overview
News
Financials
Q1 2024 Results
Technicals

Analyst Rating

based on 13 analysts

BUY

100.00%

Buy

0.00%

Hold

0.00%

Sell

Based on 13 analysts offering long term price targets for Brookfield India Real Estate Trust. An average target of ₹307

Source: S&P Global Market Intelligence

Brookfield India Real Estate Trust Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹264.99
    ₹269.26
  • 52 Week's Low

    52 Week's High

    ₹232.1
    ₹275.06
1 Month Return+ 0.15 %
3 Month Return+ 3.62 %
1 Year Return-0.56 %
Previous Close₹263.49
Open₹266.80
Volume1.14L
Upper Circuit-
Lower Circuit-
Market Cap₹12,647.92Cr

Key Statistics

P/E Ratio1317.45
PEG Ratio-353.2
Market Cap₹12,647.92 Cr
P/B Ratio0
EPS0

Mutual Fund Holdings

Funds HoldingsPrev. 6M
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.46%
HDFC Hybrid Equity Fund Direct Growth OptionHDFC Hybrid Equity Fund Direct Growth Option0.72%
Parag Parikh Conservative Hybrid Fund Direct GrowthParag Parikh Conservative Hybrid Fund Direct Growth3.62%
Templeton India Equity Income Fund Direct GrowthTempleton India Equity Income Fund Direct Growth2.83%
Tata Balanced Advantage Fund Direct GrowthTata Balanced Advantage Fund Direct Growth0.64%

Company Information

Brookfield India Real Estate Trust (BIRET) is a publicly listed real estate investment trust (REIT) incorporated in India in 2019. It is managed by Brookfield Asset Management and is the first REIT listed on the National Stock Exchange of India (NSE). Its operations span the entire real estate value chain, including development, asset management, leasing, and operations.

BIRET's portfolio consists of office, retail, hospitality, and residential assets across India. Its top products include office buildings, retail malls, hospitality properties, and residential apartments. It also has a strong focus on developing and managing Grade A office spaces in India's major cities. Biret's popular brands include Brookfield Place, a premium office and retail complex in Mumbai; and Brookfield Residences, a high-end residential apartment complex in Bangalore.

Share Price: ₹267.50 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹12,647.92Cr as of today
Revenue: ₹535.90Cr as on March 2024 (Q1 24)
Net Profit: ₹4.61Cr as on March 2024 (Q1 24)
Listing date: 16 Feb, 2021
OrganisationBrookfield India Real Estate Trust
Headquarters
IndustryReal Estate Investment Trusts
E-voting on sharesClick here to vote

Key events for Brookfield India Real Estate Trust

  • Brookfield India Real Estate Trust to Convert SEZ Space into Non-Processing Area - 24 Jun, 2024

    Brookfield India Real Estate Trust has received in-principle approval to convert 1 msf of SEZ space into a non-processing area. The company has already leased half the space and has received inquiries for the rest.

  • Brookfield REIT Achieves Best-Ever Quarterly Gross Leasing - 29 May, 2024

    Brookfield India Real Estate Trust achieved its best-ever quarterly gross leasing in Q3FY24, with decent traction in gross leasing during the quarter. Nuvama Institutional Equities recommends it as a Buy with a target price of ₹280. A potential interest rate cut over the next year should act as a re-rating trigger for REITs.

Insights on Brookfield India Real Estate Trust

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.55% to 11.31% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mindspace Business Parks REIT has given 22.0% return, outperforming this stock by 22.5%

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 43.91% of holdings in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Embassy Office Parks REIT has given 19.6% return, outperforming this stock by 20.2%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 8.48% to 8.45% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 2 quarters, 561.14 Cr → 553.73 Cr (in ₹), with an average decrease of 1.3% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 year, BIRET stock has moved down by -0.6%

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.56% to 17.50% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 16.57 Cr → 4.61 Cr (in ₹), with an average decrease of 72.2% per quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹535.90Cr
↑0.96%
Net Income
₹4.61Cr
↓72.18%
Net Profit Margin
0.86%
↓72.44%
2024Y/Y Change
Revenue
₹1,780.48Cr
↑48.75%
Net Income
-₹3.86Cr
↓102.94%
Net Profit Margin
-0.22%
↓102.01%
Value in ₹ crore
2024Y/Y Change
Total Assets
₹11,728.55Cr
↑33.24%
Total Liabilities
₹746.97Cr
↑3,875.36%
Value in ₹ crore
2024Y/Y Change
Operating Cash Flow
-₹14.99Cr
↓45.94%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.91%
0.00
Foreign Institutions
8.45%
0.00
Mutual Funds
11.31%
0.00
Retail Investors
17.5%
0.00
Others
18.83%
0.00

Key Indicators

Brookfield India Real Estate Trust Valuation

Brookfield India Real Estate Trust in the last 5 years

  • Overview

  • Trends

Lowest (20.01x)

September 30, 2021

Industry (25.34x)

July 23, 2024

Today (1317.45x)

July 23, 2024

Highest (1353.25x)

July 18, 2024

LowHigh

Earnings and Dividends

  • Brookfield India Real Estate Trust Earnings Results

    Brookfield India Real Estate Trust’s net profit fell -85.9% since last year same period to ₹4.61Cr in the Q4 2023-2024. On a quarterly growth basis, Brookfield India Real Estate Trust has generated -72.18% fall in its net profits since last 3-months.

    Read More about Earnings Results
  • Brookfield India Real Estate Trust Dividends May,2024

    In the quarter ending March 2024, Brookfield India Real Estate Trust has declared dividend of ₹4.75 - translating a dividend yield of 8.50%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Brookfield India Real Estate Trust is currently in a Bullish trading position according to technical analysis indicators.

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Brookfield India Real Estate Trust (BIRET) share price today is ₹267.5

Brookfield India Real Estate Trust is listed on NSE

Brookfield India Real Estate Trust is listed on BSE

  • Today’s highest price of Brookfield India Real Estate Trust is ₹269.26.
  • Today’s lowest price of Brookfield India Real Estate Trust is ₹264.99.

PE Ratio of Brookfield India Real Estate Trust is 1317.45

PE ratio = Brookfield India Real Estate Trust Market price per share / Brookfield India Real Estate Trust Earnings per share

Today’s traded volume of Brookfield India Real Estate Trust(BIRET) is 1.14L.

Today’s market capitalisation of Brookfield India Real Estate Trust(BIRET) is ₹12647.92Cr.

Brookfield India Real Estate Trust(BIRETPrice
52 Week High
₹275.06
52 Week Low
₹232.1

Brookfield India Real Estate Trust(BIRET) share price is ₹267.5. It is down -2.75% from its 52 Week High price of ₹275.06

Brookfield India Real Estate Trust(BIRET) share price is ₹267.5. It is up 15.25% from its 52 Week Low price of ₹232.1

Brookfield India Real Estate Trust(BIRETReturns
1 Day Returns
4.01%
1 Month Returns
0.15%
3 Month Returns
3.62%
1 Year Returns
-0.56%