Brigade Enterprises Limited — PPTs, 13-11-2024: Investor Presentation

**Financial Highlights**: Brigade Enterprises reported pre-sales volume of approximately 1.68 million sq. ft. for the quarter, a robust growth of 47% compared to Q1 FY25. The sales value surged to INR 18,208 million, marking a notable increase of 68% over the previous quarter, resulting in an average price realization of INR 10,832 per sq. ft., up by 14% from Q1 FY25.

**Strategic Initiatives and Growth Drivers**: The company is currently executing ongoing projects spanning 23 million sq. ft. with plans to launch approximately 12.93 million sq. ft. across various residential projects over the next four quarters. This includes significant developments in major cities such as Bengaluru and Chennai.

**Business Developments**: In Q2 FY25, Brigade achieved leasing revenue of INR 2,921 million, reflecting a growth of 27% over Q2 FY24. The EBITDA for the quarter stood at INR 2,092 million, showcasing the company’s operational efficiency.

**Market Position and Competitive Advantage**: Brigade has solidified its standing as one of India's top-listed developers by market capitalization. The company’s consistent EBITDA margins of around 26%-28% for the past eight years emphasize its strong operational performance.

**Investor Implications**: Brigade's impressive sales growth and strategic expansion initiatives suggest a **positive outlook** for future performance. Investors should monitor the upcoming project launches and ongoing operational efficiencies as indicators of continued growth potential.