PPFAS Mutual Fund Boosts Stake in Brookfield India REIT to 7.46%

PPFAS Asset Management Private Limited has significantly bolstered its investment in Brookfield India Real Estate Trust by acquiring 44,69,070 shares through open market transactions on March 04, 2026. This strategic move has increased PPFAS Mutual Fund's total holding from 6.86% to 7.46%, representing a total of 5,58,83,588 shares. The acquisition was disclosed under the SEBI Takeover Regulations, with Brookfield India Real Estate Trust maintaining its equity capital at Rs. 74,93,85,513.

The acquisition highlights PPFAS Mutual Fund's continued confidence in the real estate investment trust (REIT) sector. The transaction was executed through PPFAS Mutual Fund schemes, and the details are as follows:

- Shares Acquired : 44,69,070 - Acquisition Percentage : 0.60% - Transaction Mode : Open Market - Transaction Date : March 04, 2026

Following the acquisition, PPFAS Mutual Fund's shareholding in Brookfield India Real Estate Trust has significantly increased, reflecting its strategic investment in the real estate sector. The detailed shareholding position is as follows:

- Before Acquisition : 5,14,14,518 shares (6.86%) - Shares Acquired : 44,69,070 shares (0.60%) - After Acquisition : 5,58,83,588 shares (7.46%)

Brookfield India Real Estate Trust maintains its equity share capital at Rs. 74,93,85,513, consisting of 74,93,85,513 shares with a face value of Re. 1 per share. The REIT's shares are listed on both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited.

The disclosure was made by Ms. Priya Hariani, Chief Compliance Officer and Company Secretary of PPFAS Asset Management Private Limited, in accordance with regulatory requirements. PPFAS Mutual Fund operates through its schemes and is not part of the promoter or promoter group of Brookfield India Real Estate Trust. This acquisition represents a strategic investment decision by the mutual fund in the real estate investment trust sector.

Brookfield India Real Estate Trust has also announced its unaudited consolidated financial results for the quarter and nine months ended December 31, 2025, showcasing robust operational and financial performance. The REIT reported significant year-over-year growth across key metrics while maintaining disciplined capital deployment through its fund utilization activities.

For the third quarter of fiscal year 2026 (Q3FY26), the REIT delivered impressive financial results:

- Revenue from Operations : ₹6,904.37 million (up 14.8% from ₹6,015.13 million in Q3FY25) - Total Income : ₹7,278.61 million (up 14.6% from ₹6,353.86 million in Q3FY25) - Net Profit After Tax : ₹2,012.21 million (up 759.0% from ₹234.27 million in Q3FY25) - Distribution Per Unit : ₹5.40 (up 10.2% from ₹4.90 in Q3FY25) - Earnings Per Unit : ₹2.71 (up 330.2% from ₹0.63 in Q3FY25)

For the nine months ended December 31, 2025, the REIT maintained strong momentum with total income reaching ₹20,754.37 million, compared to ₹18,277.69 million in the corresponding period last year. Net profit after tax surged to ₹4,829.01 million from ₹813.31 million, representing a remarkable 494% increase year-over-year.

Key financial ratios and metrics for Q3FY26 include:

- Operating Margin : 72.82% (down slightly from 73.30% in Q3FY25) - Net Profit Margin : 27.65% (up significantly from 3.69% in Q3FY25) - Debt-Equity Ratio : 0.85 times (up from 0.72 times in Q3FY25) - Interest Service Coverage : 2.48 times (up from 1.47 times in Q3FY25) - Net Operating Income : ₹5,403.97 million (up from ₹4,744.51 million in Q3FY25)

The Board of Directors declared a distribution of ₹5.40 per unit for Q3FY26, aggregating to ₹4,046.68 million with a distribution payout ratio of 99.9%. The distribution comprises ₹1.59 per unit as interest payment, ₹2.60 per unit as debt repayment, ₹0.94 per unit as dividend, and ₹0.27 per unit as interest on fixed deposits.

The REIT also submitted quarterly statements confirming no deviations in fund utilization across multiple institutional placements for the quarter ended December 31, 2025. The funds were deployed according to their designated purposes, including strategic acquisitions, debt optimization, and the Ecoworld Acquisition, demonstrating the REIT's disciplined approach to capital allocation and regulatory compliance.

- QIP-2023 : ₹23,053,590,622.50 (No Deviation) - QIP-2024 : ₹35,000 million (No Deviation) - QIP-2025 : ₹35,000 million (No Deviation) - Preferential Issue-2025 : ₹10,000,000,150 (No Deviation)

This strategic acquisition by PPFAS Mutual Fund underscores the strong growth potential and financial health of Brookfield India Real Estate Trust, positioning it as a key player in the Indian real estate investment trust market.