Brigade Enterprises Limited · NSE:BRIGADE
Brigade Enterprises — Q4 FY26 Earnings Presentation
38 slides from Brigade Enterprises's earnings presentation, May 6, 2026
Slide 1: Cover letter to stock exchanges
Ref: BEL/NSEBSE/IP/06052026 May 06, 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/Scr
Slide 2: Investor Presentation – Q4 & FY26
Brigade Stellaris, Chennai Artist’s impression Investor Presentation – Q4 & FY26 (CIN: L85110KA1995PLC019126)
Slide 3: Multiple Domains; Single-Minded Commitment
OFFICES RETAIL CLUBS Multiple Domains; HOTELS Single-Minded CONVENTION 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 31 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 - Q4 FY26
Segment Highlights - Q4 FY26 Real Estate - On Sale Basis Achieved presales of INR 2,521 Cr, with a presales volume of 1.95 mn sft in Q4 FY26 Q4 FY26 - REVENUE SHARE % Average realization stood at INR 12,915/sft during Q4 FY26, a growth of 7% over Q4 FY25 Launched 4 mn sft across 7 projects in Q4 FY2
Slide 7: ESG Initiatives - Q4 FY26
ESG Initiatives - Q4 FY26 Integrating ESG into ERM ESG Governance & Reporting ESG risks including human rights and regulatory risks – have been A streamlined ESG governance and reporting identified, assessed and embedded into the company’s ERM tool. model with enhanced disclosures across key framewor
Slide 8: Summary: Ongoing Projects
Summary: Ongoing Projects Area in mn sft Projects Project Area Co Share LO/JV Share TOTAL PROJECT AREA 10% BEL: Multiple Projects 20.57 15.92 4.65 Brigade Orchards* 1.96 1.35 0.61 Brigade Cornerstone Utopia 0.41 0.27 0.14 Real Estate Brigade Cherry Blossom 0.45 0.26 0.19 30.87 MN SQ.FT Lease Rentals
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 - FY26
Real Estate Highlights: Real Estate - FY26 Achieved presales of INR 7,424 Cr in FY26 Presales volume for FY26 stood at 6.13 mn sft Average realization stood at INR 12,622/sft during FY26 an increase of 13% over FY25 (excl. plotted development) Upcoming projects planned to be launched: ~12 mn sft in
Slide 11: Group Sales Snapshot
Real Estate Group Sales Snapshot FY26 on Q4 FY26 on Q4 FY26 on Particulars FY26 FY25 FY25 Q4 FY26 Q3 FY26 Q4 FY25 Q3 FY26 Q4 FY25 Net Area Sales (’000 sft) Residential 5,618 6,753 (17%) 1,855 1,176 1,947 58% (5%) Commercial 514 292 76% 97 156 79 (38%) 23% Total 6,132 7,045 (13%) 1,952 1,332 2,026 47
Slide 12: Consolidated Synopsis of Real Estate Projects - Mar 26
Real Estate Consolidated Synopsis of Real Estate Projects - Mar 26 Particulars Ongoing Stock Sales Total Mn sft BEL SPV* BEL SPV* Total super built-up area of launched projects on sale basis 25.77 1.96 0.45 0.29 28.47 Less: Landowner share 4.97 - - - 4.97 Company share of saleable area 20.80 1.96 0.
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 - Mar 26
Leasing Our Leasing Portfolio: Operating Assets - Mar 26 Area in mn sft Retail 1.20 0.18 Leased Office 7.06 0.92 To be Leased Particulars Leasable Area Leased To be Transacted 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 0.25 0.37 Brigade Twi
Slide 15: Capex Commitment - Mar 26
Capex Commitment - Mar 26 (INR Cr) Project Estimated Cost Incurred Balance* Brigade Square 76 74 2 Brigade Tech Boulevard 402 213 189 Brigade Padmini Tech Valley - Towers A & B 474 196 278 Arcadia at Brigade Cornerstone Utopia 63 62 1 Brigade International Finance Center - Ph 2 260 29 231 Brigade El
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 India’s hotel industry reported resilient ARR growth, 8000 7,453 90% 6,696 supported by strong corporate, retail, and MICE demand 7000 6,483 80% 6,022 6000 77% 76% 70% 72% 60% Driven by the strong domestic demand, the sectors agility 500
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 - Q4 & FY26
Consolidated Financials Snapshot - Q4 & FY26 (INR Cr) Q4 FY26 Q4 FY26 FY26 Particulars Q4 FY26 Q3 FY26 Q4 FY25 FY26 FY25 on Q3 FY26 on Q4 FY25 on FY25 Revenue 1,523 1,623 1,532 (6%) (1%) 5,909 5,314 11% EBITDA 430 459 488 (6%) (12%) 1,638 1,654 (1%) Finance costs 112 90 106 23% 6% 409 496 (18%) Profi
Slide 20: Business Segment Performance - FY26
Business Segment Performance - FY26 (INR Cr) Particulars Real Estate Lease Rental Hospitality Total Revenue 4,002 1,303 604 5,909 Direct Expenses 2,800 44 62 2,906 Admin Expenses 201 232 179 612 Selling cost 203 35 33 271 Employee cost 273 86 123 482 EBITDA 525 906 207 1,638 EBITDA/Revenue % 13% 70%
Slide 21: Consolidated Cash Flow - Q4 & FY26
Consolidated Cash Flow - Q4 & FY26 (INR Cr) Particulars Q4 FY26 Q3 FY26 Q2 FY26 Q1 FY26 FY26 FY25 Operating Activities Total Collections 1,985 1,760 2,003 1,728 7,476 7,250 Direct Cost/ Construction Cost (931) (762) (851) (686) (3,231) (2,572) Landowner Payments (174) (205) (197) (211) (788) (936) E
Slide 22: Capital Allocation: Segment-wise as of Mar 31, 2026
Capital Allocation: Segment-wise as of Mar 31, 2026 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 3,857 521 4,378 0.13 11% 4,378 12% Hospitality 1,304 - 1,304 - 13% 1
Slide 23: Consolidated Debt Profile as of Mar 31, 2026
Consolidated Debt Profile as of Mar 31, 2026 (INR Cr) Particulars Mar-26 Dec-25 Mar-25 Real Estate 521 286 144 Segment-wise - Gross Debt Split Hospitality - 1 479 GOP Securitized 10% - - 391 Capex - 1 88 2% Leasing 4,710 4,217 3,822 Securitized Lease Rental Gross Debt - 4,612 4,132 3,647 INR 5,231 CR
Slide 24: Standalone Financial Snapshot - Q4 & FY26
Standalone Financial Snapshot - Q4 & FY26 (INR Cr) Q4 FY25 Q4 FY26 Q4 FY26 FY26 FY25 FY26 Particulars Q4 FY26 Q3 FY26 on Q3 FY26 on Q4 FY25 on FY25 Turnover 874 778 684 12% 28% 2,892 2,384 21% EBITDA 195 172 210 13% (7%) 588 702 (16%) Finance costs 50 26 21 92% 138% 121 130 (7%) Profit before depreci
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: Land Bank
Land Bank LAND AREA (IN ACRES) AS ON MAR 31, 2026 20 7 Bengaluru 39 Chennai Hyderabad 21 Mysuru Kochi Thiruvananthapuram Total Area - 551 acres 126 338 HYDERABAD BENGALURU CHENNAI MYSURU Total Land Area Cost of Land Amount Paid Balance Payable (Acres) (INR Cr) (INR Cr) (INR Cr) KOCHI THIRUVANANTHAPU
Slide 27: Developable Area Details
Developable Area Details Product Land Area Project Area (mn sft) BEL Share (mn sft) PROJECT AREA: PRODUCT MIX Residential 372 43 30 4% Commercial-Lease 66 10 9 4% Mixed Development 66 2 2 17% Hospitality 47 2 2 Total 551 57 43 Project Area - 57 mn sft Location Land Area (in acres) Project Area (mn s
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 - FY26
Projects Launched - FY26 Project Area BEL Interest Projects City (mn sft) (mn sft) Residential Brigade Morgan Heights - Ph 1 Chennai 1.09 0.82 Brigade Avalon Bengaluru 0.64 0.64 Brigade Lakecrest Bengaluru 0.93 0.65 Brigade Cherry Blossoms Bengaluru 0.45 0.23 Brigade Gateway - Tower B Hyderabad 1.19
Slide 30: Upcoming Projects
Upcoming Projects Total Area Brigade Economic Interest Segment (mn sft) (mn sft) Residential 11.59 7.95 Leasing 4.51 3.67 Total 16.10 11.62 Hospitality (No. of Keys) ~1,700 Keys Brigade Enclave, Hyderabad Artist’s impression 29
Slide 31: Awards and Accolades - Q4 FY26
Awards and Accolades - Q4 FY26 Lifetime Achievement Person of the Year, Brigade Gateway Hyderabad won Brigade Group has been recognised as M R Jaishankar, Executive Chairman, “Mixed-use Project of the Year” the 3rd Most Sustainable Organization Brigade Group at the The Economic at the 3rd Realty+ Ex
Slide 32: Shareholding Pattern – Mar 31, 2026
17% Shareholding Pattern –Mar 31, 2026 25% 41% 17% 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 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 35: Ongoing Residential Projects
Ongoing Residential Projects Brigade Manor, Hyderabad Brigade Belvedere, Bengaluru Artist’s impression Artist’s impression 34
Slide 36: Completed Residential Projects
Completed Residential Projects Brigade Cornerstone Utopia, Bengaluru Actual shot 35
Slide 37: Completed Commercial Projects
Completed Commercial Projects Brigade Arcadia, Bengaluru Brigade Twin Towers, Bengaluru Actual shot Actual shot 36
Slide 38: 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