Slide 1: Exchange filing cover letter
Ref: BEL/NSEBSE/IP/14052025 14th May, 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/S
Slide 2: Investor Presentation – FY25
Brigade Eternia Artist’s impression Investor Presentation – FY25 (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
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 - FY25
Segment Highlights - FY25 Real Estate - On Sale Basis Achieved presales of INR 7,847 Cr in FY25, a growth of 31% over FY24 Presales volume for FY25 stood at 7.05 mn sft Average realization stood at INR 11,138/sft during FY25 an increase of 40% over FY24 driven by launch of premium projects Launched
Slide 7: ESG Initiatives - Q4 FY25
ESG Intiatives - Q4 FY25 “NetZero” Strategies, Target Setting & Validation By SBTi: Integration of ESG elements in Enterprise Risk Management: GHG Inventorization FY 2022-23 &24 has been reviewed along ESG elements have been made part of ERM, Climate related with strategy and roadmap. Target setting
Slide 8: Summary: Ongoing Projects
Summary: Ongoing Projects total project area Area in mn sft 8% Projects Project Area Co Share LO/JV Share Real Estate projects for sale 16.38 12.09 4.29 Real Estate Brigade El Dorado* 3.60 3.60 - 26.28 Mn sq.ft Lease Rentals Brigade Orchards* 1.54 1.06 0.48 92% Brigade Cornerstone Utopia* 1.51 1.00
Slide 9: Contents
Contents 1. Real Estate 2. Leasing 3. Financial Performance 4. Land Bank 5. Projects launched and upcoming launches 8
Slide 10: Highlights: Real Estate - Q4 FY25
Real Estate Highlights: Real Estate - Q4 FY25 Pre-sales volume of 2.03 mn sft in Q4 FY25 Achieved Pre-Sales value of INR 2,448 Cr in Q4 FY25, a growth of 9% over Q4 FY24 Avg. price realization stood at INR 12,082 per sq.ft for Q4 FY25, up by 47% from Q4 FY24 Launched 4 mn sft residential projects du
Slide 11: Group Sales Snapshot
Real Estate Group Sales Snapshot FY25 on Q4 FY25 on Q4 FY25 on Particulars FY25 FY24 Q4 FY25 Q3 FY25 Q4 FY24 FY24 Q3 FY25 Q4 FY24 Net Area Sales (’000 sft) Residential 6,753 7,356 (8%) 1,947 2,127 (8%) 2,608 (25%) Commercial 292 190 54% 79 66 20% 113 (30%) Total 7,045 7,546 (7%) 2,026 2,193 (8%) 2,7
Slide 12: Consolidated Synopsis of Real Estate Projects - Mar-25
Real Estate Consolidated Synopsis of Real Estate Projects - Mar-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 22.37 1.90 0.58 0.27 25.12 Less: Landowner share 4.80 - - - 4.80 Company share of sa
Slide 13: Contents
Contents 1. Real Estate 2. Leasing 3. Financial Performance 4. Land Bank 5. Projects launched and upcoming launches 12
Slide 14: Our Leasing Portfolio: Operating Assets - Mar-25
Leasing Our Leasing Portfolio: Operating Assets - Mar-25 Area in mn sft Retail 1.23 0.08 Leased 0.16 Hard Options Office 7.24 To be Leased 0.67 Particulars Leasable Area Leased Hard Option To be Transacted Brigade Tech Gardens* 3.00 2.84 0.16 - WTC Chennai* 1.98 1.98 - - WTC Kochi* 0.77 0.77 - - Bri
Slide 15: Capex Commitment - Mar-25
Capex Commitment - Mar-25 (INR Cr) Project Estimated Cost Incurred Balance* Brigade Square 76 42 34 Brigade Tech Boulevard 402 102 300 Brigade Padmini Tech Valley-Block B 294 81 213 Brigade Vantage, Mysuru 58 21 37 Arcadia at Brigade Cornerstone Utopia 63 49 14 Total 892 294 598 *As of Mar 31, 2025
Slide 16: Contents
Contents 1. Real Estate 2. Leasing 3. Financial Performance 4. Land Bank 5. Projects launched and upcoming launches 15
Slide 17: Consolidated Financials: Snapshot
Consolidated Financials: Snapshot (INR Cr) Q4FY25 Q4 FY25 FY25 FY24 FY25 Particulars Q4 FY25 Q3 FY25 Q4 FY24 on Q3 FY25 on Q4 FY24 on FY24 Revenue 1,532 1,530 1,763 0% (13%) 5,314 5,064 5% EBITDA 488 480 493 2% (1%) 1,654 1,362 21% Finance cost 106 114 138 (7%) (23%) 496 491 1% Profit before depreci
Slide 18: Business Segment Performance - FY25
Business Segment Performance - FY25 (INR Cr) Particulars Real Estate Lease Rental Revenue 3,613 1,165 Direct Expenses 2,373 87 Admin Expenses 160 199 Selling cost 158 35 Employee cost 225 72 EBITDA 697 771 EBITDA/Revenue % 19% 66% Finance costs 50 388 PBDT 647 383 Depreciation 16 215 PBT 631 168 PBT
Slide 19: Consolidated Cash Flow
Consolidated Cash Flow (INR Cr) Particulars Q4 FY25 Q3 FY25 Q2 FY25 Q1 FY25 FY25 FY24 Operating Activities Total Collections 1,929 1,777 1,937 1,607 7,250 5,915 Direct Cost/ Construction Cost (712) (660) (582) (618) (2,572) (2,398) Landowner Payments (209) (231) (266) (230) (936) (761) Employee and
Slide 20: Capital Allocation: Segment-wise - as of 31st Mar-25
Capital Allocation: Segment-wise - as of 31st Mar-25 (INR Cr) Operating Capital Capital Segment Equity (A) Debt (B) Employed D/E Ratio PBD*/ (INR Cr) EBITDA/ (A/B) Equity % Employed OCE % (A+B) (OCE) Real Estate 4,054 144 4,198 0.04 16% 4,198 17% Leasing 2,202 3,821 6,023 1.74 18% 4,116 19% Note: PB
Slide 21: Consolidated Debt Profile
Consolidated Debt Profile (INR Cr) Particulars Mar-25 Dec-24 Mar-24 Gross Debt 4,444 4,531 4,663 Less: Cash & Cash Equivalents 3,483 3,404 2,073 Net Debt 962 1,127 2,590 Less: SPV Partner’s share of net debt 762 760 682 Exposure of BEL 199 367 1,908 Cost of Debt (Consolidated) 8.67% 8.76% 8.82% Net
Slide 22: Standalone Financial: Snapshot
Standalone Financial: Snapshot (INR Cr) Q4 FY25 Q4 FY25 FY25 Particulars Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24 on Q3 FY25 on Q4 FY24 on FY24 Turnover 684 607 918 13% (26%) 2,384 2,224 7% EBITDA 210 171 277 23% (24%) 702 652 8% Finance cost 21 28 41 (28%) (51%) 130 144 (10%) Profit before depreciation 18
Slide 23: Contents
Contents 1. Real Estate 2. Leasing 3. Financial Performance 4. Land Bank 5. Projects launched and upcoming launches 22
Slide 24: Brigade's Land Bank
Brigade’s Land Bank (INR Cr) Total Land Area Cost of Land Amount Paid Balance Payable (Acres) gift city 498 3,441 2,538 903 hyderabad bengaluru Note: Due to publicity restrictions as indicated in slide 5, the information relating to hospitality segment is currently excluded from this presentation CH
Slide 25: Developable Area Details
Developable Area Details Project Area: Product Mix Product Land Area (in acres) Project Area (Mn sft) BEL Share (Mn sft) Residential 364 40 28 4% Commercial-Lease 68 11 9 21% Mixed Development 66 2 2 Total 498 53 39 Location Land Area (in acres) Project Area (Mn sft) BEL Share (Mn sft) PROJECT AREA
Slide 26: Contents
Contents 1. Real Estate 2. Leasing 3. Financial Performance 4. Land Bank 5. Projects launched and upcoming launches 25
Slide 27: Projects Launched - FY25
Projects Launched - FY25 launches in FY25 (area in Mn sft) 1.91 Project Area BEL Interest Launch Project City Segment (mn sft) (mn sft) Period Brigade Insignia Residential 0.89 0.89 Brigade El Dorado – Cobalt Bengaluru Residential 0.51 0.51 9.50 Brigade Padmini - Tower B Commercial 0.73 0.37 Q1 FY25
Slide 28: Upcoming Projects
Upcoming Projects Segment Total Area Brigade Economic Interest (mn sft) (mn sft) Residential 12.33 9.22 Commercial 3.07 2.23 Total 15.40 11.45 Brigade Gateway Hyderabad Artist’s impression Note: Due to publicity restrictions as indicated in slide 5, the information relating to hospitality segment is
Slide 29: Awards and Accolades - Q4 FY25
Awards and Accolades - Q4 FY25 Brigade Citadel won Brigade Tech Gardens was awarded the Brigade Parkside North has been Brigade Group ranked 10th in the ‘Residential Project of the Year’ ‘Shotcrete and Waterproofing’ award awarded the ‘IIA Awards for Excellence 'Future Ready Employers 2024' at the 2
Slide 30: Shareholding Pattern – 31 Mar 2025
16% Shareholding Pattern – 31th Mar 2025 23% 41% 20% Promoter Group FIIs and FPIs DIIs Others 29
Slide 31: 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 32: Board of Directors
Board of Directors Lakshmi Pradeep Kumar Dr. Venkatesh Bijou Kurien* V V Ranganathan Abraham Stephanos Padmaja Chunduru** Independent Director Independent Director Independent Director Independent Director Venkatachalam Panja Panchapagesan Independent Director Independent Director Independent Direct
Slide 33: Ongoing Residential Projects
Ongoing Residential Projects Brigade Citrine Brigade Icon Artist’s impression Artist’s impression 32
Slide 34: Completed Residential Projects
Completed Residential Projects Brigade Parkside North Brigade Citadel Actual shot Actual shot 33
Slide 35: Completed Commercial Projects
Completed Commercial Projects Brigade Twin Towers Brigade Deccan Heights Actual shot Actual shot 34
Slide 36: 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