Integrated Filing — IndAS



General information about company

Scrip Code 500040
NSE Symbol ABREL
MSEI Symbol NOTLISTED
ISIN INE055A01016
Name of company Aditya Birla Real Estate Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 26-10-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-10-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 26-10-2026   12:00:00
End date and time of board meeting 26-10-2026   12:40:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 82,503.00 1,01,388.00
Other income 3,583.00 5,270.00
Total income 86,086.00 1,06,658.00
2 Expenses
(a) Cost of materials consumed 52,410.00 60,653.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 15.00 (96.00)
(d) Employee benefit expense 5,915.00 11,894.00
(e) Finance costs 0.00 2,583.00
(f) Depreciation, depletion and amortisation expense 1,998.00 3,733.00
(f) Other Expenses
1 Other expenditures 8,224.00 18,529.00
Total other expenses 8,224.00 18,529.00
Total expenses 68,562.00 97,296.00
3 Total profit before exceptional items and tax 17,524.00 9,362.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 17,524.00 9,362.00
6 Tax expense
7 Current tax 1,111.00 2,104.00
8 Deferred tax 1,937.00 (660.00)
9 Total tax expenses 3,048.00 1,444.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 14,476.00 7,918.00
12 Profit (loss) from discontinued operations before tax 84,879.00 89,138.00
13 Tax expense of discontinued operations 7,340.00 8,362.00
14 Net profit (loss) from discontinued operation after tax 77,539.00 80,776.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method (145.00) (283.00)
16 Total profit (loss) for period 91,870.00 88,411.00
17 Other comprehensive income net of taxes 938.00 4,979.00
18 Total Comprehensive Income for the period 92,808.00 93,390.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 85,850.00 81,995.00
Total profit or loss, attributable to non-controlling interests 6,020.00 6,416.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 86,788.00 86,974.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 6,020.00 6,416.00
21 Details of equity share capital
Paid-up equity share capital 11,169.00 11,169.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 7.51 1.1
Diluted earnings (loss) per share from continuing operations 7.51 1.1
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 70 72.93
Diluted earnings (loss) per share from discontinued operations 69.79 72.72
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 77.51 74.03
Diluted earnings (loss) per share from continuing and discontinued operations 77.3 73.82
24 Debt equity ratio 0.7900 0.7900
25 Debt service coverage ratio 0.0600 0.0400
26 Interest service coverage ratio 0 5.2400
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes : 1 The above consolidated unaudited financial results of Aditya Birla Real Estate Limited (formerly known as Century Textiles & Industries Limited) (the Holding Company), subsidiaries and its Joint Ventures (the group) for the quarter and six months ended September 30, 2026 have been reviewed by the Audit Committee and approved by the Board at its meeting held on October 26, 2026. 2 The Holding Company has disclosed exceptional items pertaining to: a Post discontinuation of the Holding company’s Textiles business, the economic advantages to its Joint Venture (“JV”), Birla Advanced Knits Private Limited, such as common utilities, shared manpower and integrated operations with Siro yarn spinning, were lost; accordingly, the entity became non-viable and the JV’s business operations were discontinued. Both the JV partners had an obligation to contribute equally towards the liabilities of the JV in excess of their respective investments. Accordingly, the Holding Company had recognised a provision aggregating to Rs. 13.50 Cr for the year ended March 31, 2026 towards JV’s working capital requirements, which has been fully impaired and recognised as an exceptional item. No contribution was required towards working capital during the quarter and six months ended September 30, 2026. b During the previous year, the Group had assessed the financial implications of New Labour Code changes and accordingly recognised an incremental gratuity and leave liability of Rs. 41.18 Cr (including Rs. 11.29 Cr pertaining to continued operations) for the year ended March 31, 2026. Considering that the impact arising out of enactment of the new legislation was an event of a non-recurring nature, the Group had presented this incremental amount as “Impact of Labour Codes” under “Exceptional Item” in the statement of profit and loss for the year ended March 31, 2026. 3 Pursuant to the approval of the Board of Directors of the Holding Company at its meeting held on March 31, 2025, the Holding Company executed a Business Transfer Agreement (BTA) with ITC Limited for the sale and transfer of its Pulp and Paper undertaking operated under the name “Century Pulp and Paper”. Consequently, the Pulp and Paper Business has been classified as a discontinued operation and the financial results for the comparative periods, including the quarter ended June 30, 2026, the quarter and six months ended September 30, 2025, and the year ended March 31, 2026, have been presented accordingly. During the quarter ended September 30, 2026, the Holding company completed the transfer of the Pulp and Paper Business on a going concern basis in accordance with the BTA for a consideration of Rs.3,476 crore and recognized a gain on disposal of Rs.868.12 crore, which has been disclosed under Exceptional Item. The related adjustments and tax effects arising from the transaction have been recognized and disclosed under Discontinued Operations. The financial performance of discontinued business as follows - (Rs. in Crores) Particulars Quarter Ended Six Months Ended Year Ended 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited) Total Income 268.10 779.75 821.37 1,047.85 1,500.13 3,103.97 Total Expenses 287.52 737.07 735.02 1,024.59 1,389.64 2,896.48 Profit / Loss) before tax before exceptional items (19.42) 42.68 86.35 23.26 110.49 207.49 Exceptional item of discontinued operations (Net Charge) 868.12 - - 868.12 - (29.89) Total Tax expenses (73.38) (10.24) (30.69) (83.62) (42.02) 10.97 Net profit for the period 775.32 32.44 55.66 807.76 68.47 188.57 Net Cash flows attributable to discontinued operations as follows (Rs. In Crs) Particulars Six Month Ended 30 September 2026 Six Month Ended 30 September 2025 Net Cash flow from / (used in) Operating Activities 77.21 12.36 Net Cash flows from / (used in) Investing Activities 3.86 (85.16) Net Cash flows from / (used in) Financing Activities (81.12) 72.40 Net Decrease From Discontinued Operations (0.05) (0.39) 4 The Holding Company has recognized profit from transfer of property, plant and equipment related to the Textile business, Nil for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter ended September 30, 2025: Rs.2.52 crore and six months ended September 30, 2025: Rs. 20.26 crore; Year ended March 31, 2026: Rs.46.30 crore). 5 During the year ended March 31, 2026, the Nomination and Remuneration Committee (“Committee”) of the Board of Directors of the Holding Company had granted 8,772 Stock Options (ESOP's) under the CTIL Employee Stock Option Scheme 2023 (‘the Scheme’) and 50,864 ESOPs were exercised. During the quarter ended June 30, 2026, no stock options (ESOP's) has been granted, however, 2,06,039 ESOPs have been exercised and 80,749 treasury shares have been sold in open market. During the quarter ended September 30, 2026, no stock options (ESOP's) have been granted, however, 73,030 ESOPs have been exercised. During the quarter, the board of directors in its meeting held on 13th August 2026 has proposed to implement the ABREL ESOP Scheme 2026 covering 8,29,000 stock options that will be made available to eligible employees of the companies & subsidiaries and eligible directors under the proposed scheme subject to shareholder's approval. 6 Other income includes interest on income tax refund pertaining to earlier years amounting to Rs. 0.49 crore for the quarter and six months ended September 30, 2026 (Quarter ended June 30, 2026: Nil; Quarter and six months ended September 30, 2025: Rs.5.44 crore; Year ended March 31, 2026: Rs.5.44 crore). 7 The Textile business was classified and disclosed as discontinued operation and all the plant and machinery have been disposed off. During the period the Holding Company has executed a long term lease agreement for the factory building with Group Company, generating income, accordingly the respective other assets and liabilities are moved to other segments from textiles. In view of this along with the divestment of the paper & pulp business and as per operating results reviewed by the chief operating decision makers, the management has accordingly revised its segment classification and disclosure. Revised segment classification is as under: (a) Real Estate includes Residential projects, Leased properties and Investment properties of the Holding Company. (b) Others include Viscose Filament Yarn & Tyre Yarn (Rayon), Salt works and Chemicals. 8 During the year ended March 31, 2026, the Holding Company had revised its estimates relating to measurement of deferred tax balances in view of amendments under the Income Tax Act, 2025 as amended by the Finance Act, 2026. Further, considering the tax benefit and utilization of MAT credit entitlement, the Holding Company was of the view that from tax year 2026-27 the company will opt new tax regime. Accordingly, the Holding Company had reversed the net deferred tax liability of Rs.123.76 crores on account of lower tax rate, by recognizing the same under tax expense of continuing and discontinued operations in the results. 9 As the Group has incurred losses for the quarter ended September 30, 2025 and June 30, 2026, six months ended September 30, 2025, and the year ended March 31, 2026, the impact of potential equity shares is anti-dilutive. Accordingly, diluted earnings per share is the same as basic earnings per share for the respective periods.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026
Date of end of reporting period 30-09-2026
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 62,173.00
Capital work-in-progress 2,466.00
Investment property 72,333.00
Goodwill 0.00
Other intangible assets 810.00
Intangible assets under development 125.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 57,525.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets
1 Others 16,935.00
Total of other non-current financial assets 16,935.00
Total non-current financial assets 74,460.00
Deferred tax assets (net) 62,973.00
Other non-current assets
1 Other non-current assets 2,015.00
Total of other non-current assets 2,015.00
Total non-current assets 2,77,355.00
2 Current assets
Inventories 11,35,173.00
Current financial asset
Current investments 1,71,056.00
Trade receivables, current 5,561.00
Cash and cash equivalents 1,16,657.00
Bank balance other than cash and cash equivalents 29,150.00
Loans, current 0.00
Other current financial assets
Total of other current financial assets 20,850.00
Total current financial assets 3,43,274.00
Current tax assets (net) 0.00
Other current assets
1 Other current assets 1,49,608.00
Total of other current assets 1,49,608.00
Total current assets 16,28,055.00
3 Non-current assets classified as held for sale 0.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 19,05,410.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 11,169.00
Other equity 4,46,009.00
Total equity attributable to owners of parent 4,57,178.00
Non controlling interest 5,094.00
Total equity 4,62,272.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 2,58,912.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities
1 Other financial liabilities 14,878.00
Total of other non-current financial liabilities 14,878.00
Total non-current financial liabilities 2,73,790.00
Provisions, non-current 1,614.00
Deferred tax liabilities (net) 337.00
Deferred government grants, Non-current 0.00
Other non-current liabilities
1 Non-current tax liabilities (net of advance tax) 4,235.00
2 Other non-current liabilities 26,935.00
Total of other non-current liabilities 31,170.00
Total non-current liabilities 3,06,911.00
Current liabilities
Current financial liabilities
Borrowings, current 1,04,214.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 247.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 69,152.00
Total Trade payable 69,399.00
Other current financial liabilities
1 Lease liabilities 1,144.00
2 Other financial liabilities 18,107.00
Total of other current financial liabilities 19,251.00
Total current financial liabilities 1,92,864.00
Other current liabilities 9,25,594.00
1 Other current liabilities 9,25,594.00
Total of other current liabilities 9,25,594.00
Provisions, current 17,769.00
Current tax liabilities (Net) 0.00
Deferred government grants, Current 0.00
Total current liabilities 11,36,227.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 14,43,138.00
Total equity and liabilites 19,05,410.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2026 01-04-2026
Date of end of reporting period 30-09-2026 30-09-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 ( a ) Real Estate 80,993.00 98,192.00
2 ( b ) Others 1,452.00 3,071.00
3 ( c ) Pulp and Paper 26,683.00 1,03,491.00
4 ( d ) Textiles 0.00 0.00
Total Segment Revenue 1,09,128.00 2,04,754.00
Less: Inter segment revenue 18.00 31.00
Revenue from operations 1,09,110.00 2,04,723.00
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 ( a ) Real Estate 15,180.00 8,818.00
2 ( b ) Others 1,081.00 2,143.00
3 ( c ) Pulp and Paper 84,870.00 89,138.00
4 ( d ) Textiles 9.00 0.00
Total Profit before tax 1,01,140.00 1,00,099.00
i. Finance cost 0.00 2,583.00
ii. Other Unallocable Expenditure net off Unallocable income (1,118.00) (701.00)
Profit before tax 1,02,258.00 98,217.00
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 ( a ) Real Estate 14,13,272.00 14,13,272.00
2 ( b ) Others 20,112.00 20,112.00
3 ( c ) Pulp and Paper 0.00 0.00
4 ( d ) Textiles 0.00 0.00
Total Segment Asset 14,33,384.00 14,33,384.00
Un-allocable Assets 4,72,026.00 4,72,026.00
Net Segment Asset 19,05,410.00 19,05,410.00
4 Segment Liabilities
Segment Liabilities
1 ( a ) Real Estate 9,75,132.00 9,75,132.00
2 ( b ) Others 60,452.00 60,452.00
3 ( c ) Pulp and Paper 0.00 0.00
4 ( d ) Textiles 0.00 0.00
Total Segment Liabilities 10,35,584.00 10,35,584.00
Un-allocable Liabilities 4,07,554.00 4,07,554.00
Net Segment Liabilities 14,43,138.00 14,43,138.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2026 01-04-2026
B Date of end of reporting period 30-09-2026 30-09-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 (i) Items that will not be reclassified to profit or loss 1,101.00 5,825.00
Total Amount of items that will not be reclassified to profit and loss 1,101.00 5,825.00
2 Income tax relating to items that will not be reclassified to profit or loss 163.00 846.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income 938.00 4,979.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026
B Date of end of reporting period 30-09-2026
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 9,362.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 2,759.00
Adjustments for decrease (increase) in inventories (13,616.00)
Adjustments for decrease (increase) in trade receivables, current (2,212.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (45,724.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 48,042.00
Adjustments for other bank balances (86,193.00)
Adjustments for increase (decrease) in trade payables, current 15,995.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 39,233.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 3,733.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (4,129.00)
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current (22,055.00)
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (196.00)
Adjustments for dividend income 1,986.00
Adjustments for interest income 679.00
Adjustments for share-based payments 166.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 1,901.00
Other adjustments to reconcile profit (loss) 2,326.00
Other adjustments for non-cash items 1,081.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) (61,554.00)
Net cash flows from (used in) operations (52,192.00)
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 11,177.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities (63,369.00)
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 248.00
Purchase of property, plant and equipment 6,998.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 70,483.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 1,986.00
Interest received 2,077.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 3,29,948.00
Net cash flows from (used in) investing activities 2,56,778.00
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 2,729.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings 1,12,340.00
Repayments of borrowings 3,04,883.00
Payments of lease liabilities (1,094.00)
Dividends paid 2,822.00
Interest paid 12,320.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,160.00)
Net cash flows from (used in) financing activities (2,05,022.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (11,613.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents 0.00
Net increase (decrease) in cash and cash equivalents (11,613.00)
Cash and cash equivalents cash flow statement at beginning of period 1,25,746.00
Cash and cash equivalents cash flow statement at end of period 1,14,133.00