Brigade Enterprises Strong Performance Driven by Record Presales in FY26

Brigade Enterprises delivered a robust financial performance for FY26, marked by record presales of INR 7,424 Cr. The company saw a 7% growth in residential realization and steady operational gains across its leasing and hospitality segments. With a healthy ongoing portfolio of 30.87 mn sft and a strong pipeline of ~12 mn sft for the coming year, Brigade continues to strengthen its position as a leading multi-asset class developer in India.

Financial Growth and Segment Performance

For the fiscal year FY26, Brigade Enterprises achieved significant milestones across its key business verticals. The real estate segment reported INR 7,424 Cr in total presales, reflecting consistent demand. Overall company revenue for the year stood at INR 5,909 Cr, with a steady EBITDA of INR 1,638 Cr. Notably, the company maintains a consistent EBITDA margin in the range of 26%-28%, demonstrating operational efficiency.

Real Estate and Leasing Highlights

The real estate business saw strong momentum in Q4 FY26, with presales of INR 2,521 Cr and an average realization of INR 12,915/sft, representing a 7% growth over the previous year. Leasing operations also remained resilient, contributing significantly with a revenue of INR 337 Cr in Q4 FY26, bolstered by a 25% Y-o-Y growth in retailer sales within its mall portfolio.

Hospitality and Future Outlook

The hospitality sector performed well, driven by domestic demand, clocking revenue of INR 604 Cr for FY26, which is a 13% increase over FY25. The portfolio occupancy rate stood at 78% for the final quarter. Looking ahead, Brigade has a clear growth strategy, with plans to launch approximately 12 mn sft of residential projects across Bengaluru, Chennai, Hyderabad, and Mysuru over the next four quarters, ensuring sustained growth momentum.

Commitment to Sustainability

Brigade Group continues to prioritize ESG initiatives, highlighted by the development of India’s first Net Zero residential project. The company’s commitment to excellence was further recognized as it ranked 3rd in the Real Estate category and 44th overall in the Business World Group’s Most Sustainable Companies Award, reinforcing its reputation as a responsible and forward-thinking property developer.

Source: BSE

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