BSE Realty Real Estate Sector Regulatory Filings — October 29, 2026

29-10-2026

Brigade Enterprises Limited reported consolidated total income of ₹1,24,999 lakhs for the quarter ended 30.09.2026, down from ₹1,42,986 lakhs in the corresponding quarter last year, while consolidated profit for the period rose to ₹21,882 lakhs from ₹17,028 lakhs, a 28.5% increase. Consolidated revenue from operations declined 13.5% YoY to ₹1,19,636 lakhs, but the company benefited from lower land purchase costs and a higher net profit margin of 18.29%. Standalone revenue from operations fell 20.3% YoY to ₹52,640 lakhs, while standalone PAT more than doubled to ₹11,449 lakhs from ₹5,019 lakhs.

• · Consolidated land purchase cost fell to ₹52,518 lakhs in Q2 FY27 from ₹85,441 lakhs in Q2 FY26, a decline of 38.5%, which helped margins.
• · Consolidated net worth rose to ₹7,15,483 lakhs from ₹6,48,186 lakhs a year earlier, an increase of 10.4%.
• · Consolidated Q2 FY27 profit before tax of ₹28,760 lakhs includes a sequential exceptional item of ₹4,288 lakhs in Q1 FY27, which is not present in the current quarter.
• · Consolidated diluted EPS for six months ended 30.09.2026 was ₹12.07 versus ₹9.57 in the corresponding period last year.
• · Paid-up equity share capital increased to ₹32,626 lakhs from ₹24,448 lakhs a year earlier, reflecting a larger equity base.

29-10-2026

Brigade Enterprises Limited reported consolidated unaudited results for the quarter and six months ended 30 September 2026 with total income of ₹1,24,999 lakh for the quarter and revenue from operations of ₹1,19,636 lakh, up 7.7% from the preceding quarter but down 13.5% from the corresponding quarter last year. Profit for the period was ₹21,882 lakh in the quarter versus ₹17,028 lakh a year earlier (up 28.5%), though the six-month profit of ₹43,576 lakh is up 32.8% year-on-year. The auditor's review report was unmodified, with reliance on other auditors for 25 subsidiaries and one joint venture, and a standalone review was also issued.

• · Revenue from operations fell 13.5% YoY while profit rose 28.5%, driven by a sharp shift in revenue mix and lower sub-contractor costs
• · Land purchase cost surged to ₹52,518 lakh in the quarter versus ₹85,441 lakh a year earlier, a decline of about 38.5%
• · Standalone profit after tax of ₹11,449 lakh for the quarter (up 128% YoY from ₹5,019 lakh) with standalone revenue from operations down 20.3% YoY
• · Debt equity ratio (gross) rose to 0.88 from 0.79 in the preceding quarter as borrowings increased
• · Consolidated cash and cash equivalents declined to ₹1,17,263 lakh from ₹1,48,629 lakh at 31 March 2026, and net cash decreased ₹40,200 lakh over six months
• · Property tax demand of ₹9,222 lakh faced by Brigade Hotel Ventures Limited is under litigation, with ₹4,603 lakh paid under protest
• · Environmental Clearance for a Chennai project with ₹12,900 lakh carrying value was revoked in May 2026 and is being challenged before the Madras High Court

29-10-2026

Brigade Enterprises reported Q2 FY27 consolidated revenue of ₹ 1,250 Crore versus ₹ 1,430 Crore in Q2 FY26, a decline of about 12.6%, while PBT rose 47% YoY to ₹ 288 Crore and PAT rose to ₹ 219 Crore from ₹ 170 Crore. Real estate sales bookings were ₹ 1,827 Crore across 1.3 Mn sqft, and Q2 collections were ₹ 1,633 Crore. H1 FY27 revenue fell to ₹ 2,429 Crore from ₹ 2,763 Crore (about -12%), even as H1 PBT and PAT improved significantly.

• · Consolidated revenue declined about 12.6% YoY in Q2 FY27 and about 12% YoY in H1 FY27, a decline the press release headline does not mention
• · Real estate EBITDA margin was 23%, leasing 74%, and hospitality 37%, with leasing occupancy at 90% as of September 2026
• · Q2 FY27 real estate project launches totalled 2.4 Mn sqft with GDV of approximately ₹ 3,000 Crore
• · Completed projects Brigade Square and Arcadia added 0.27 Mn sqft of lease space in the quarter
• · H1 FY27 collections were ₹ 3,489 Crore

29-10-2026

Brigade Enterprises Limited filed its Q2 & H1 FY27 Investor Presentation on October 29, 2026. Q2 FY27 pre-sales were ₹1,827 Cr across 1.32 Mn sq. ft., up 72% QoQ but down 10% YoY, while H1 FY27 pre-sales were ₹2,888 Cr, down 8% YoY. Consolidated total income was ₹1,250 Cr in Q2 FY27, up 6% QoQ but down 13% YoY, with EBITDA of ₹478 Cr (up 12% QoQ, 28% YoY) and PAT after MI of ₹194 Cr (down 3% QoQ, up 19% YoY).

• · Q2 FY27 residential pre-sales were ₹1,704 Cr (up 62% QoQ, down 5% YoY) while commercial pre-sales were ₹123 Cr (up 1657% QoQ, down 49% YoY).
• · Leasing portfolio is 90% leased (8.61 of 9.62 Mn sq. ft.), with 1.01 Mn sq. ft. still to be leased.
• · Hospitality RevPAR rose 8% QoQ and 10% YoY to ₹5,922, while Other-geography occupancy fell 5% YoY to 70%.
• · Real estate balance collection on launched projects stands at ₹20,504 Cr against estimated remaining costs of ₹9,939 Cr.
• · Net operating cash flows projected for ongoing projects total ₹9,976 Cr after present borrowings of ₹590 Cr.
• · Commercial segment H1 FY27 sales declined 55% YoY to ₹130 Cr, a notable underperformer.
• · H1 FY27 sales volume declined 28% YoY to 2.06 Mn sq. ft., offset by a 27% rise in average realization.
• · Q2 FY27 PAT after MI declined 3% QoQ despite strong EBITDA growth, due to a ₹43 Cr exceptional item in Q1 FY27 and higher tax in Q2 FY27.