Brigade Enterprises Limited — Investor Meet, 06-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates
06-02-2026 | 07:33 pm
06-02-2026 | 07:33 pm
Brigade Enterprises reported steady Q3 FY'26 results with consolidated revenue up 6% YoY to INR 1,623 Cr, and PAT at INR 206 Cr. Presales hit INR 1,750 Cr (1.33 million sq ft), with average realization up 16%. Commercial office occupancy stood at 93%. Management noted a strong pipeline of ~12 million sq ft for launches over the next four quarters, though some Q3 launches were delayed by approvals. INR 2,100 Cr was invested in land bank (GDV INR 16,000 Cr). Real estate margins (currently ~15%) are projected to rise to ~20% from Q1 FY'27. Net debt is INR 1,887 Cr, with debt cost reduced to 7.61%. Demand remains robust across key markets with 5-7% annual price hikes anticipated.
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