Brigade Enterprises Limited — Investor Meet, 04-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Brigade reported strong Q2 FY'26 presales of ₹2,034 Cr (up 12% YoY), consolidated revenue of ₹1,430 Cr (up 26%), and PAT of ₹170 Cr (up 48%). H1 PAT surged 67% to ₹328 Cr. The company maintains zero residential debt, with net debt at ₹1,717 Cr. Management is optimistic, projecting a robust 7 million sq ft in residential launches for H2, which is crucial for achieving the ₹9,000 Cr full-year sales target. Residential margins were lower this quarter but are expected to normalize. Brigade sees sustained market demand, particularly in mid-segment Bangalore and premium Hyderabad, and continues active land acquisitions.