Financial Performance
Brigade Enterprises Limited reported strong FY26 results with consolidated revenue growth of 11% to ₹5,909 crores (₹5,69,722 lakhs) and profit after tax of ₹725 crores. The company maintained robust operational metrics with residential presales of ₹7,424 crores across 6.13 million square feet, achieving an average realization of ₹12,107 per square foot (9% YoY growth). Collections stood at ₹7,476 crores with cash reserves of ₹2,953 crores.
Operational Highlights
The company expanded its portfolio to 48 ongoing projects with total developable area of 35.95 million square feet. Leasing operations generated ₹1,303 crores revenue with 88.25% occupancy across 9.36 million square feet leasable area. Hospitality segment revenue grew 13% with RevPAR of ₹5,670 and 76.1% occupancy. Land bank expanded to 551 acres with 85 acres acquired in FY26 at ₹2,673 crores investment.
Capital Structure & Corporate Actions
Net debt stood at ₹2,278 crores with debt-to-equity ratio of 0.27. The Board recommended a 1:3 bonus issue to commemorate 40 years of operations and a final dividend of ₹2 per share. Brigade successfully listed Brigade Hotel Ventures Limited (BHVL), making it India's first real estate developer with two listed entities. Credit ratings were upgraded to AA/Stable by ICRA and maintained at AA-/Positive by CRISIL.
Sustainability & ESG Initiatives
Brigade advanced its sustainability agenda with 30% renewable energy consumption (2,41,374.65 GJ), recycling 1,164.8 million litres of water (32% of total usage), and planting 41,394 trees. The company's Net Zero 2045 target was validated by SBTi, and it received 'Reasonable Assurance' on BRSR Core indicators from SGS India. Green certified portfolio reached 8.74 million square feet.
Regulatory Compliance & Governance
The Integrated Annual Report was prepared in accordance with SEBI LODR Regulations, Integrated Reporting Framework, GRI Standards, TCFD/IFRS S2 recommendations, TNFD framework, and National Guidelines on Responsible Business Conduct. The Board maintained 50% non-executive independent directors with 25% women representation on board and 40% in key managerial positions.
Forward Outlook
For FY27, Brigade plans residential launches of 11.6 million square feet across Bengaluru, Chennai, and Hyderabad markets. The company maintains a strong pipeline with 57 million square feet developable area ensuring multi-year growth visibility. Sustainability targets include water positivity by 2030 and 100% renewable energy by 2040, aligned with India's projected GDP growth of 6.6% for FY27.