Brigade Enterprises Limited · NSE:BRIGADE
Brigade Enterprises — Q1 FY27 Earnings Presentation
39 slides from Brigade Enterprises's earnings presentation, Aug 13, 2026
Slide 1: Filing cover letter to stock exchanges
Ref: BEL/NSEBSE/IP/13082026 August 13, 2026 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 FY27
Brigade Belvedere, Bengaluru Artist’s impression Investor Presentation – Q1 FY27 (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 the leading and trusted property developers with nearly four decades of experience. A multi-asset class developer with Residential, Office, SEZ, Retail, Hospitality, Industrial, Senio
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 33 Million sq.ft. Ongoing projects 16 Million sq.ft. Upcoming launches GIFT CITY License owners for SEVEN WORLD TRADE CENTERS IN SOUTH INDIA AMONG THE TOP 10 LISTED DEVELOPERS HYDERABAD in the country, by market capitalization BENGAL
Slide 6: Segment Highlights - Q1 FY27
Segment Highlights - Q1 FY27 Real Estate - On Sale Basis Achieved presales of INR 1,061 Cr, with a presales volume of 0.74 mn sft in Q1 FY27 Average realization stood at INR 14,256/sft during Q1 FY27, a growth of 21% over Q1 FY26 Q1 FY27 - REVENUE SHARE % led by product mix Upcoming projects planned
Slide 7: ESG Initiatives
ESG Initiatives Industry Leadership Brigade Sustainability leadership recognized at the Indian Chamber of Commerce Conclave & Awards 2026 for advancing ESG and sustainability dialogues. Pavitra Shankar, Managing Director is the convenor of the CII Karnataka E&S Panel, and preparations are underway f
Slide 8: Ongoing Projects Summary
Ongoing Projects Summary Area in mn sft Project Name Project Area Brigade Share LO/JV Share Real Estate 25.39 20.86 4.53 Leasing 7.15 5.56 1.59 Total 32.54 26.42 6.12 TOTAL PROJECT AREA BRIGADE’S SHARE OF PROJECT AREA 22% 21% 32.54 MN SQ.FT 26.42 MN SQ.FT 78% 79% Real Estate Lease Rentals 7
Slide 9: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 8
Slide 10: Real Estate Highlights: Q1 FY27
Real Estate Highlights: Q1 FY27 Achieved highest ever APR of INR 14,256/sft led by product mix Geographically well diversified performance underscoring strong positioning in all the markets we operate Upcoming launches & land bank further demonstrates consolidating our presence in Chennai & Hyderabad
Slide 11: Group Sales Snapshot
Real Estate Group Sales Snapshot Q1 FY27 Q1 FY27 Particulars Q1 FY27 Q4 FY26 Q1 FY26 on Q4 FY26 on Q1 FY26 Net Area Sales (’000 sft) Residential 735 1,855 902 (60%) (19%) Commercial 9 97 47 (91%) (80%) Total 744 1,952 949 (62%) (22%) Net Sales (INR Cr) Residential 1,054 2,424 1,067 (57%) (1%) Commer
Slide 12: Sales Classification
Real Estate Sales Classification Residential pre-sales in Q1 FY27 INR 1,054 Cr BY TICKET SIZE BY CITY 10% 14% 45% 45% 28% 58% <1.5 Cr Bengaluru 1.5 Cr to 3 Cr Chennai >3 Cr Hyderabad 11
Slide 13: Consolidated Synopsis of Real Estate Projects - Jun 26
Real Estate Consolidated Synopsis of Real Estate Projects - Jun 26 Particulars Ongoing Projects Completed Projects Total Mn sft BEL SPV* BEL SPV* Total super built-up area of launched projects on sale basis 23.87 1.52 0.32 0.29 26.00 Less: Landowner share 4.06 - - - 4.06 Company share of saleable ar
Slide 14: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 13
Slide 15: Our Leasing Portfolio: Operating Assets - Jun 26
Leasing Our Leasing Portfolio: Operating Assets - Jun 26 Area in mn sft Retail 1.22 0.16 Leased Office 7.09 0.89 To be Leased Particulars Leasable Area Leased To be Leased Brigade Tech Gardens* 3.00 2.98 0.02 WTC Chennai* 1.98 1.98 - WTC Kochi* 0.77 0.77 - WTC Bengaluru 0.62 0.28 0.34 Brigade Twin To
Slide 16: Capex Commitment
Capex Commitment Project Area Brigade Share Estimated Cost Incurred Balance* Project (mn sft) (mn sft) (INR Cr) (INR Cr) (INR Cr) World Trade Center & Orion Mall, Hyderabad 1.72 1.72 1,809 267 1,542 Brigade HRC Atrium 1.44 0.96 846 71 775 Brigade Padmini Tech Valley - Towers A & B 1.04 0.53 474 224
Slide 17: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 16
Slide 18: Hospitality: Steady Growth with Improved Performance Indicators
Hospitality Steady Growth with Improved Performance Indicators Despite macro environment, the portfolio delivered steady growth in Q1 FY27, driven by disciplined pricing and operational efficiencies. Rebranded and upgraded Kochi Infopark hotel to Courtyard by Marriott, that would strengthen our perfo
Slide 19: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 18
Slide 20: Consolidated Financial Snapshot - Q1 FY27
Consolidated Financial Snapshot - Q1 FY27 (INR Cr) Q1 FY27 Q1 FY27 Particulars Q1 FY27 Q4 FY26 Q1 FY26 on Q4 FY26 on Q1 FY26 Revenue 1,179 1,523 1,333 (23%) (12%) EBITDA 425 430 375 (1%) 13% Finance costs 109 112 106 (3%) 3% Depreciation 73 80 75 (9%) (3%) Profit/ (loss) from JV (1) 1 - - - PBTE 242
Slide 21: Segment Performance - Q1 FY27
Segment Performance - Q1 FY27 (INR Cr) Particulars Real Estate Leasing Hospitality Total Revenue 707 328 144 1,179 Direct Expenses 376 4 16 396 Admin Expenses 61 62 43 166 Selling cost 43 6 8 57 Employee cost 77 26 32 135 EBITDA 150 230 45 425 EBITDA/Revenue % 21% 70% 31% 36% Finance costs 25 79 5 1
Slide 22: Consolidated Cash Flow - Q1 FY27
Consolidated Cash Flow - Q1 FY27 (INR Cr) Particulars Q1 FY27 Q4 FY26 Q1 FY26 Operating Activities Total Collections 1,856 1,985 1,728 Direct Cost/ Construction Cost (763) (931) (686) Landowner Payments (207) (174) (211) Employee and Admin Expenses (213) (204) (186) Sales and Marketing Expenses (92)
Slide 23: Capital Allocation: Segment-wise as of Jun 30, 2026
Capital Allocation: Segment-wise as of Jun 30, 2026 (INR Cr) Capital Operating CAPITAL EMPLOYED D/E Ratio PBD*/ Capital EBITDA/ Segment Equity (A) Debt (B) Employed Employed (A+B) (B/A) Equity % OCE % (OCE) Real Estate 4,182 516 4,698 0.12 11% 4,698 12% 34% Hospitality 1,310 37 1,347 0.03 14% 1,207
Slide 24: Consolidated Debt Profile as of Jun 30, 2026
Consolidated Debt Profile as of Jun 30, 2026 (INR Cr) Particulars Jun-26 Mar-26 Jun-25 Real Estate 516 521 138 Segment-wise - Gross Debt Split Hospitality 37 - 501 GOP Securitized 10% - - 378 3% Capex 37 - 123 1% Leasing 4,752 4,710 4,106 Securitized Lease Rental Gross Debt - 4,576 4,612 3,833 INR 5,
Slide 25: Standalone Financial Snapshot - Q1 FY27
Standalone Financial Snapshot - Q1 FY27 (INR Cr) Q1 FY27 Q1 FY27 Particulars Q1 FY27 Q4 FY26 Q1 FY26 on Q4 FY26 on Q1 FY26 Turnover 683 874 496 (22%) 38% EBITDA 205 195 108 5% 90% Finance costs 37 50 21 (26%) 76% Depreciation 24 26 19 (8%) 26% PBTE 144 119 68 21% 112% Exceptional Items - 5 - - - PBT
Slide 26: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 25
Slide 27: Land Bank
Land Bank LAND AREA (IN ACRES) AS ON JUN 30, 2026 20 7 Bengaluru 53 Chennai Hyderabad 22 Mysuru Kochi Thiruvananthapuram Total Area - 543 acres 126 315 HYDERABAD BENGALURU CHENNAI MYSURU Total Land Area Cost of Land Amount Paid Balance Payable (Acres) (INR Cr) (INR Cr) (INR Cr) KOCHI THIRUVANANTHAPU
Slide 28: Developable Area Details
Developable Area Details Product Land Area Project Area (mn sft) Brigade Share (mn sft) PROJECT AREA: PRODUCT MIX Residential 386 45 32 4% Commercial-Lease 48 7 6 5% Mixed Development 62 3 3 47 2 2 12% Hospitality Total 543 57 43 Project Area - 57 mn sft Location Land Area (in acres) Project Area (m
Slide 29: Contents
Contents 1. Real Estate 2. Leasing 3. Hospitality 4. Financial Performance 5. Land Bank 6. Projects launched and upcoming launches 28
Slide 30: Projects Launched - Q1 FY27
Projects Launched - Q1 FY27 Project Area Brigade Share Projects City (mn sft) (mn sft) Commercial Brigade HRC Atrium Bengaluru 1.44 0.96 Brigade Industrial Park: Block-1 Bengaluru 0.30 0.30 Brigade United Bengaluru 0.32 0.18 Brigade Cauvery Bengaluru 0.23 0.14 World Trade Center & Orion Mall, Hydera
Slide 31: Upcoming Projects
Upcoming Projects Total Area Brigade Share Segment (mn sft) (mn sft) Residential 12.36 9.01 Commercial 4.03 2.56 Total 16.39 11.57 Hospitality (No. of Keys) ~1,700 Keys Brigade EcoEdge, Bengaluru Artist’s impression 30
Slide 32: Awards and Accolades - Q1 FY27
Awards and Accolades - Q1 FY27 Our Executive Chairman, M R Jaishankar, has Pavitra Shankar, Managing Director, and Nirupa Shankar, Managing Director, been honoured with the prestigious Nadaprabhu Nirupa Shankar, Joint Managing Director, Brigade Hotel Ventures Limited, has Kempegowda Rajya Award – 20
Slide 33: Shareholding Pattern – Jun 30, 2026
18% Shareholding Pattern –Jun 30, 2026 25% 41% 16% Promoter Group FIIs and FPIs DIIs Others 32
Slide 34: 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 35: Board of Directors
Board of Directors Pradeep Kumar Dr. Venkatesh V V Ranganathan Abraham Padmaja Debashis Panja Panchapagesan Independent Director Stephanos Chunduru Chatterjee Independent Director Independent Director Independent Director Independent Director Independent Director • Masters in Science • CA, CWA, IIM
Slide 36: Ongoing Residential Projects
Ongoing Residential Projects Brigade Stellaris, Chennai Brigade Avalon, Bengaluru Artist’s impression Artist’s impression 35
Slide 37: Completed Residential Projects
Completed Residential Projects Brigade Residences at World Trade Center, Chennai Actual shot 36
Slide 38: Completed Commercial Projects
Completed Commercial Projects Elysium at Brigade Cornerstone Utopia Actual shot 37
Slide 39: 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