Brigade Enterprises Limited has released the transcript for its Q1 FY27 earnings conference call held on August 14, 2026. The call detailed financial performance, including revenues of INR 1,179 crores and EBITDA of INR 425 crores for the consolidated entity, alongside segment-specific performance in Real Estate, Leasing, and Hospitality. Management discussed the company’s pipeline and future outlook.
Brigade Enterprises Q1 FY27 Earnings Conference Call Transcript
Brigade Enterprises Limited has published the transcript of its conference call concerning the Q1 FY27 financial results, which took place on August 14, 2026. The call provided an in-depth review of the company’s financial and operational performance for the first quarter of the fiscal year.
Financial Highlights for Q1 FY27
During the call, Mr. Yogesh Patel, CFO, highlighted the consolidated financial performance. The company reported a consolidated revenue of INR 1,179 crores and an EBITDA of INR 425 crores for the quarter ended June 30, 2026. This represents an EBITDA margin of 36%, a significant improvement from 28% in Q1 FY26. Consolidated PAT stood at INR 217 crores, marking a 37% year-on-year growth.
Segmental Performance and Outlook
The Real Estate segment recorded a turnover of INR 707 crores with an EBITDA of INR 150 crores, an increase of 45% from the previous year, and an improved EBITDA margin of 21%. The Leasing segment posted a turnover of INR 328 crores with an EBITDA of INR 230 crores, maintaining a healthy EBITDA margin of 70%. The Hospitality segment reported a turnover of INR 144 crores and an EBITDA of INR 45 crores. Management expressed confidence in meeting the FY27 guidance of INR 9,000 crores in presales, supported by a strong launch pipeline of approximately 12.4 million square feet of residential and 4 million square feet of commercial space planned over the next four quarters.
Key Business Developments
Discussions also touched upon business development, including the addition of INR 2,400 crores of GDV across 2.7 million square feet in residential projects during the quarter. Brigade Group’s commercial office business maintained an operational portfolio of 8 million square feet with 88% occupancy. The retail segment saw footfall growth of 11% year-on-year, and retail sales grew by 35%. The hospitality arm, BHVL, achieved 7% ADR growth and a 9% increase in RevPAR and EBITDA, with a 140% profit surge to INR 17 crores.
Debt and Liquidity Position
Regarding debt, the gross debt stood at INR 5,305 crores as of June 30, 2026, with cash and cash equivalents at INR 3,087 crores. The net debt was INR 2,218 crores. The debt-equity ratio was maintained at a healthy 0.26.
Future Growth and Launches
Brigade Enterprises is focused on its upcoming launch pipeline, with specific mentions of projects like Neopolis 2 in Hyderabad. The company reiterated its commitment to sustainable practices, with 61% of portfolio energy requirements sourced from renewable energy.
Source: BSE
