Brigade Enterprises Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Brigade Enterprises reported Q1 FY27 net sales of INR1,061 crores, down 5% year-on-year, while realization rose 21% to INR14,256 per square foot. Consolidated revenue was INR1,179 crores with EBITDA of INR425 crores at a 36% margin, up from 28% in Q1 FY26, driven by higher real estate segment margins. Management discussed the Brigade Morgan Heights project setback after SEIAA revoked its environmental clearance, and outlined a launch pipeline of 16.4 million square feet for the next four quarters.
Brigade reported FY26 pre-sales of Rs 7,424 crores, down 5% year-on-year, with consolidated revenue of Rs 5,909 crores and EBITDA of Rs 1,638 crores, a margin of 28%. Q4 FY26 saw pre-sales of Rs 2,521 crores, up 44% quarter-on-quarter, driven by launches including Brigade Lumina, Belvedere, Stellaris, Manor and Enclave. Management outlined a FY27 residential launch pipeline of 11.6 million square feet with a GDV of about Rs 11,900 crores, alongside updates on commercial leasing, retail and hospitality performance.