Brigade Enterprises Q4 net profit drops 41%; announces ₹2 dividend and 1:3 bonus issue

Brigade Enterprises Q4 net profit drops 41%; announces ₹2 dividend and 1:3 bonus issue


Realty firm Brigade Enterprises Ltd on Wednesday (May 6) reported a 41.1% year-on-year decline in consolidated net profit for the fourth quarter at ₹145.5 crore, compared with ₹246.8 crore in the same period last year.

Revenue for the quarter was largely flat at ₹1,457.6 crore, down 0.2% from ₹1,460.4 crore a year earlier. Diluted EPS stood at ₹5.94 versus ₹10.32.

EBITDA fell 12.3% to ₹364.7 crore in Q4, against ₹416 crore in the corresponding quarter last year. EBITDA margin stood at 25.1%, compared with 28.5% in the same period last year.

Also Read: Brigade Enterprises, Bain Capital form 50:50 JV for ₹2,200-cr premium Bengaluru project

The company reported real estate sales of 1.95 million square feet in Q4 FY26, with sales value of ₹2,521 crore. Average realisation stood at ₹12,915, up 7% from Q4 FY25. The company launched about 4 million square feet across seven projects during the quarter.

FY26

For FY26, the real estate segment recorded pre-sales of 6.13 million square feet, translating to a value of ₹7,424 crore. Segment revenue stood at ₹4,002 crore, reflecting 11% growth over FY25. The leasing business recorded revenue of ₹1,303 crore in FY26, up 12% from ₹1,165 crore in FY25. Retail footfalls rose 7% year-on-year, while retail consumption grew 18% over the same period.

The hospitality portfolio reported 76% occupancy, with an average room rate at ₹7,453, up 11%, and revenue rising 13% to ₹604 crore. Total collections for FY26 stood at ₹7,476 crore, while net cash flow from operations was ₹1,411 crore.

Also Read: Brigade Enterprises launches ‘Brigade Stellaris’ in Chennai with ₹1,700 crore GDV

For FY26, revenue rose to ₹5,909 crore from ₹5,314 crore. EBITDA stood at ₹1,638 crore compared with ₹1,654 crore, while net profit increased to ₹725 crore from ₹680 crore. Diluted EPS stood at ₹26.33 compared with ₹28.68.

The company has recommended a final dividend of ₹2 per equity share of ₹10 each, subject to shareholder approval at the ensuing Annual General Meeting. The dividend, if approved, will be paid within 30 days from the date of approval.

Brigade Enterprises has also proposed a bonus issue in the ratio of 1:3, issuing one fully paid-up equity share of ₹10 for every three existing shares, subject to shareholder approval through postal ballot. The record date for eligibility will be announced separately.

Pavitra Shankar, Managing Director, Brigade Enterprises Ltd, said, “The Q4 of FY26 reflected the sales momentum we had been building towards. We recorded our strongest quarter of FY26, with pre-sales of ₹2,521 crore, a 44% sequential increase, driven by strong new-launch absorption and disciplined pricing.

Also Read: Brigade Enterprises Q3 Results: Revenue up as leasing, hospitality stay firm; margin slips

Average realisations improved 9% ear-on-year, underscoring market confidence in Brigade’s product quality. Overall, Brigade enters Y27 with a strong pipeline, balanced portfolio and clear execution focus. To commemorate the 40th of the Brigade, the Board has recommended a bonus issue of 1:3.”

Shares of Brigade Enterprises Limited ended at ₹806.45, up by ₹14.60, or 1.84%, on the BSE.



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