Brigade Enterprises Limited · NSE:BRIGADE
Brigade Enterprises — Q1 FY26 Earnings Presentation
35 slides from Brigade Enterprises's earnings presentation, Aug 13, 2025
Slide 1: Exchange cover letter: Investor Presentation Q1 FY26
Ref: BEL/NSEBSE/IP/13082025 13th August, 2025 Listing Department Department of Corporate Services – Listing National Stock Exchange of India Limited BSE Limited Exchange Plaza, P. J. Towers Bandra Kurla Complex Dalal Street, Bandra (East), Mumbai – 400 001 Mumbai – 400 051 Re.: Scrip Symbol: BRIGADE
Slide 2: Investor Presentation – Q1 FY26
Brigade Twin Towers Actual shot Investor Presentation – Q1 FY26 (CIN: L85110KA1995PLC019126)
Slide 3: Multiple Domains; Single-Minded Commitment
OFFICES RETAIL CLUBS Multiple Domains; HOTELS CONVENTION Single-Minded CENTRES Commitment Established in 1986, one of India’s leading and trusted property developers A multi-asset class developer with Residential, Office, SEZ, Retail, Hospitality, Senior Living, Schools and India’s first Real Estate A
Slide 4: Our Mission, Vision, Values
Our Mission, Vision, Values Our Shared Vision Our To be a World-class Organisation in our Shared Mission Products, Processes, People and Performance. To constantly endeavour to be the Preferred Developer of Residential, Commercial & Hospitality spaces in the markets in which we operate, without comp
Slide 5: Transforming City Skylines
Transforming City Skylines 300+ buildings 100+ Mn sq.ft. Delivered 26 Million sq.ft. Ongoing projects 16 Million sq.ft. Upcoming launches GIFT CITY License owners for SIX WORLD TRADE CENTERS IN SOUTH INDIA AMONG THE TOP 10 LISTED DEVELOPERS HYDERABAD in the country, by market capitalization BENGALUR
Slide 6: Segment Highlights - Q1 FY26
Segment Highlights - Q1 FY26 Real Estate - On Sale Basis Achieved presales of INR 1,118 Cr in Q1 FY26, a growth of 3% over Q1 FY25 Presales volume for Q1 FY26 stood at 0.95 mn sft Q1 FY26 - REVENUE SHARE % Average realization stood at INR 11,782/sft during Q1 FY26 an increase of 24% over Q1 FY25 dri
Slide 7: ESG Initiatives - Q1 FY26
ESG Intiatives - Q1 FY26 NetZero-C Target setting: Completed registration Integration of ESG elements in Enterprise Risk Management: & submission of NZ near term and long term with Assessment of Climate and Nature related risks & opportunities & SBTi, awaiting their target validation mapping of proj
Slide 8: Summary: Ongoing Projects
Summary: Ongoing Projects Area in mn sft TOTAL PROJECT AREA Projects Project Area Co Share LO/JV Share 10% Real Estate projects for sale 16.30 12.22 4.08 Brigade Orchards* 1.54 1.06 0.48 Real Estate Brigade Cornerstone Utopia* 1.51 1.00 0.51 26.04 MN SQ.FT Lease Rentals Brigade Insignia* 0.89 0.89 -
Slide 9: Contents: Real Estate
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 8
Slide 10: Highlights: Real Estate - Q1 FY26
Real Estate Highlights: Real Estate - Q1 FY26 Launched Brigade Morgan Heights Ph 1 with an area of 1.09 mn sft during Q1 FY26 ICRA upgraded the credit rating to AA (Stable) underscoring strong performance, financial discipline and good corporate governance Upcoming Projects planned to be launched ~13
Slide 11: Group Sales Snapshot
Real Estate Group Sales Snapshot Q1 FY26 on Q1 FY26 on Particulars Q1 FY26 Q4 FY25 Q1 FY25 Q4 FY25 Q1 FY25 Net Area Sales (’000 sft) Residential 902 1,947 1,123 (54%) (20%) Commercial 47 79 22 (41%) 114% Total 949 2,026 1,145 (53%) (17%) Net Sale Value (INR Cr) Residential 1,067 2,357 1,063 (55%) 0%
Slide 12: Consolidated Synopsis of Real Estate Projects - Jun 25
Real Estate Consolidated Synopsis of Real Estate Projects - Jun 25 Ongoing BEL Ongoing SPV Particulars Stock Sales Total Projects Projects* Mn sft BEL SPV* Total super built-up area of launched projects on sale basis 21.96 1.54 0.54 0.31 24.35 Less: Landowner share 4.59 - - - 4.59 Company share of s
Slide 13: Contents: Leasing
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 12
Slide 14: Our Leasing Portfolio: Operating Assets - Jun 25
Leasing Our Leasing Portfolio: Operating Assets - Jun 25 Area in mn sft Retail 1.23 0.08 Leased 0.06 Hard Options Office 7.33 To be Leased 0.68 Particulars Leasable Area Leased Hard Option To be Transacted Brigade Tech Gardens* 3.00 2.93 0.06 0.01 WTC Chennai* 1.98 1.98 - - WTC Kochi* 0.77 0.77 - - B
Slide 15: Capex Commitment - Jun 25
Capex Commitment - Jun 25 (INR Cr) Project Estimated Cost Incurred Balance* Brigade Square, Thiruvananthapuram 76 49 27 Brigade Tech Boulevard, Chennai 402 125 277 Brigade Padmini Tech Valley-Block B 294 96 198 Brigade Vantage, Mysuru 58 46 12 Arcadia at Brigade Cornerstone Utopia 63 50 13 Brigade E
Slide 16: Contents: Hospitality
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 15
Slide 17: Steady Growth with Improved Performance Indicators
Hospitality Steady Growth with Improved Performance Indicators Hospitality sector witnessed moderate demand due to seasonal softening and geo-political tensions Corporate and MICE travel continues to lead demand growth, fuelled by events, festival travel, and long “blesiure” stays Clocked revenue of
Slide 18: Contents: Financial Performance
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 17
Slide 19: Consolidated Financials: Snapshot
Consolidated Financials: Snapshot (INR Cr) Q1 FY26 Q1 FY26 Particulars Q1 FY26 Q4 FY25 Q1 FY25 on Q4 FY25 on Q1 FY25 Revenue 1,333 1,532 1,113 (13%) 20% EBITDA 375 488 328 (23%) 14% Finance cost 106 106 152 - (30%) Profit before depreciation 269 382 176 (30%) 53% Depreciation 75 76 68 (1%) 10% PBT 19
Slide 20: Business Segment Performance - Q1 FY26
Business Segment Performance - Q1 FY26 (INR Cr) Particulars Real Estate Lease Rental Hospitality Total Revenue 892 300 141 1,333 Direct Expenses 647 3 15 665 Admin Expenses 45 49 40 134 Selling cost 36 6 9 51 Employee cost 61 18 29 108 EBITDA 103 224 48 375 EBITDA/Revenue % 12% 75% 34% 28% Finance c
Slide 21: Consolidated Cash Flow
Consolidated Cash Flow (INR Cr) Particulars (All amounts in INR Cr) Q1 FY26 Q4 FY25 Q1 FY25 Operating Activities Total Collections 1,728 1,929 1,607 Direct Cost/ Construction Cost (686) (712) (618) Landowner Payments (211) (209) (230) Employee and Admin Expenses (186) (138) (103) Sales and Marketing
Slide 22: Capital Allocation: Segment wise as of 30th Jun 25
Capital Allocation: Segment wise as of 30th Jun 25 CAPITAL EMPLOYED (INR Cr) Operating Capital Capital Segment Equity (A) Debt (B) Employed D/E Ratio PBD*/ (INR Cr) EBITDA/ (B/A) Equity % Employed OCE % 32% (A+B) (OCE) Real Estate 3,590 138 3,728 0.04 19% 3,728 19% Hospitality 497 501 998 1.01 28% 9
Slide 23: Consolidated Debt Profile
Consolidated Debt Profile (INR Cr) Particulars Jun-25 Mar-25 Jun-24 Segment Wise - Gross Debt Split Real Estate 138 144 231 8% 3% 3% Hospitality 6% 501 479 483 GOP Securitized 378 391 430 Capex 123 88 53 Gross Debt - Leasing 4,106 3,822 4,073 INR 4,745 CR Securitized Lease Rental 3,833 3,647 3,858 Ca
Slide 24: Standalone Financial: Snapshot
Standalone Financial: Snapshot (INR Cr) Q1FY26 Q1 FY26 Particulars Q1 FY26 Q4 FY25 Q1 FY25 on Q4 FY25 on Q1 FY25 Turnover 496 684 578 (27%) (14%) EBITDA 108 210 154 (49%) (30%) Finance cost 21 21 48 - (56%) Profit before depreciation 87 189 107 (54%) (19%) Depreciation 19 20 19 (5%) - PBT 68 169 88 (
Slide 25: Contents: Land Bank
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 24
Slide 26: Brigade's Land Bank
Brigade’s Land Bank LAND AREA (IN ACRES) AS ON 30TH JUN 25 20 7 37 21 Bengaluru Chennai Hyderabad Mysuru 139 Total Area - 587 acres Kochi Thiruvananthapuram 363 HYDERABAD BENGALURU CHENNAI MYSURU Total Land Area Cost of Land Amount Paid Balance Payable (Acres) (INR Cr) (INR Cr) (INR Cr) KOCHI THIRUV
Slide 27: Developable Area Details
Developable Area Details Product Land Area Project Area (mn sft) BEL Share (mn sft) PROJECT AREA: PRODUCT MIX Residential 404 45 31 4% Commercial-Lease 70 11 10 3% Mixed Development 66 2 2 18% Hospitality 47 2 2 Total 587 60 45 Project Area - 60 Mn sft Location Land Area (in acres) Project Area (mn
Slide 28: Contents: Projects launched and upcoming launches
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 27
Slide 29: Projects Launched - Q1 FY26
Projects Launched - Q1 FY26 Project Area BEL Interest Project City Segment (mn sft) (mn sft) Brigade Morgan Heights Ph 1 Chennai Residential 1.09 0.82 Brigade El Dorado Commercial B Block Bengaluru Commercial 0.09 0.09 Brigade International Finance Center Ph 2 Gujarat Commercial 0.45 0.45 Total 1.63
Slide 30: Upcoming Projects - To be Launched
Upcoming Projects - To be Launched Total Area Brigade Economic Interest Segment (mn sft) (mn sft) Residential# 12.90 9.47 Commercial # 2.60 1.76 Total 15.50 11.23 Hospitality (No. of Keys)* 1,700 Keys - # Launches in the rolling 4 quarters. *Keys mentioned above for the upcoming hotels are tentative
Slide 31: Awards and Accolades - Q1 FY26
Awards and Accolades - Q1 FY26 M R Jaishankar, Executive Chairman Pavitra and Nirupa Shankar Nirupa Shankar was named Our architecture partners, Bentel Brigade Group has been was recognized as Legendary Icon named among Fortune India's Real Estate Icon of the Year Associates, have been awarded the r
Slide 32: Shareholding Pattern – 30th Jun 2025
20% Shareholding Pattern – 30th Jun 2025 20% 41% 19% Promoter Group FIIs and FPIs DIIs Others 31
Slide 33: Board of Directors
Board of Directors M R Jaishankar Pavitra Shankar Nirupa Shankar Amar Mysore Roshin Mathew Pradyumna Executive Chairman Managing Director Jt. Managing Director Executive Director Executive Director Krishnakumar Executive Director • Masters in Business • MBA, Real Estate & Finance, • Masters of Manag
Slide 34: Board of Directors
Board of Directors Lakshmi Pradeep Kumar Dr. Venkatesh V V Ranganathan Abraham Stephanos Padmaja Chunduru Venkatachalam Panja Panchapagesan Independent Director Independent Director Independent Director Independent Director Independent Director Independent Director • MBA from Boston University • Mas
Slide 35: Thank you
Thank you Disclaimer: The information in this presentation contains certain forward-looking statements. These include statements regarding outlook on future development schedules, business plans and expectations of Capital expenditures. These statements are based on current expectations that involve