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Earnings Call

Brigade Enterprises Earnings Call: Key Takeaways

Brigade delivered a steady Q2 FY26 with 26% revenue growth, though residential margins were pressured by specific cost-related and project-mix issues.

Highlights
Revenue growthRevenue grew 26% YoY to ₹1,430 crore.
MarginsResidential margins down to 12%; leasing and hospitality remain steady.
Order bookOngoing projects at 60% of sales; new launches at 40%.
Demand visibilityStrong demand in mid-segment (₹75L-₹1.5Cr) and Chennai landscape.
Management confidenceConfident in H2 despite slight margin pressure in residential.

Growth

Consolidated revenue grew 26% YoY; real estate segment up 31% while hospitality grew 16%.

Outlook

Strong H2 visibility with 7 million sq ft launch pipeline and ₹8,000cr investment in Chennai.

Risks

Residential EBITDA margins dipped to 12% due to tech adoption costs and project recognition mix.

Source

Earnings Call filed with BSE, NSE: BRIGADE. Summary written with AI assistance from the document.

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Brigade Enterprises Ltd: key numbers

Share price
₹597.90
Market cap
₹19,507 Cr
Revenue (annual)
₹5,697 Cr
Net profit (annual)
₹644.4 Cr
P/E (TTM)
28.1×Sector 35.8×
Promoter holding
41.10%-0.01% QoQ
FII holding
15.63%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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