Brigade Enterprises Limited — quarter ended 31 March 2026 and year ended 31 March 2026
| Sl. No | Particulars | Quarter ended 31.03.2026 [Refer Note 2] | Preceding quarter ended 31.12.2025 [Unaudited] | Corresponding quarter ended 31.03.2025 [Refer Note 2] | Year ended 31.03.2026 [Audited] | Year ended 31.03.2025 [Audited] |
|---|---|---|---|---|---|---|
| 1 | Income | |||||
| (a) Revenue from operations | 1,45,760 | 1,57,511 | 1,46,039 | 5,69,722 | 5,07,421 | |
| (b) Other income | 6,551 | 4,807 | 7,190 | 21,179 | 23,933 | |
| Total income | 1,52,311 | 1,62,318 | 1,53,229 | 5,90,901 | 5,31,354 | |
| 2 | Expenses | |||||
| (a) Sub-contractor costs | 41,057 | 43,477 | 44,707 | 1,81,531 | 1,53,368 | |
| (b) Cost of raw materials, components and stores consumed | 28,139 | 15,602 | 15,760 | 78,351 | 50,444 | |
| (c) Land purchase cost (including development rights) | 1,14,134 | – | 1,27,920 | 2,65,290 | 1,62,672 | |
| (d) Purchase of stock-in-trade | – | 2,331 | – | 2,331 | – | |
| (e) Changes in inventories of stock of flats, land stock, stock-in-trade and work-in-progress | (1,20,869) | 18,953 | (1,21,702) | (2,56,813) | (1,34,804) | |
| (f) License fees and plan approval charges | 4,654 | 1,657 | 4,180 | 12,567 | 14,765 | |
| (g) Architect and consultancy fees | 2,560 | 1,131 | 1,230 | 6,296 | 5,364 | |
| (h) Employee benefits expense | 13,192 | 12,297 | 11,017 | 48,186 | 40,473 | |
| (i) Finance costs | 11,169 | 8,986 | 10,660 | 40,944 | 49,549 | |
| (j) Depreciation and amortisation expense | 8,018 | 8,010 | 7,563 | 31,237 | 28,878 | |
| (k) Other expenses | 26,421 | 20,972 | 21,329 | 89,250 | 73,718 | |
| Total expenses | 1,28,475 | 1,33,416 | 1,22,664 | 4,99,170 | 4,44,427 | |
| 3 | Profit before share of profit / (loss) of joint venture, exceptional items and tax (1-2) | 23,836 | 28,902 | 30,565 | 91,731 | 86,927 |
| 4 | Share of profit/(loss) of joint venture | 123 | (29) | – | 37 | – |
| 5 | Profit before exceptional items and tax (3+4) | 23,959 | 28,873 | 30,565 | 91,768 | 86,927 |
| 6 | Exceptional items (refer note 12) | 530 | (1,910) | – | (1,380) | – |
| 7 | Profit before tax (5+6) | 24,489 | 26,963 | 30,565 | 90,388 | 86,927 |
| 8 | Tax expense (*) | |||||
| (a) Current tax (Including tax for earlier years) | 13,068 | 7,249 | 9,017 | 45,629 | 30,292 | |
| (b) Deferred tax (credit) | (7,649) | (869) | (3,387) | (27,717) | (11,412) | |
| Total tax expense | 5,419 | 6,380 | 5,630 | 17,912 | 18,880 | |
| 9 | Profit for the period / year (7-8) | 19,070 | 20,583 | 24,935 | 72,476 | 68,047 |
| Attributable to: | ||||||
| (i) owners of the holding company | 14,549 | 18,652 | 24,683 | 64,439 | 68,576 | |
| (ii) non-controlling interests | 4,521 | 1,931 | 252 | 8,037 | (529) | |
| 10 | Other comprehensive income | |||||
| Items that will not be reclassified to profit or loss | ||||||
| Re-measurement gain /(losses) on defined benefit plans | 390 | (18) | (548) | 371 | (548) | |
| Income tax relating to above | (62) | 4 | 119 | (58) | 119 | |
| Total other comprehensive income/(loss), net of tax | 328 | (14) | (429) | 313 | (429) | |
| Attributable to: | ||||||
| (i) owners of the holding company | 322 | (19) | (425) | 302 | (425) | |
| (ii) non-controlling interests | 6 | 5 | (4) | 11 | (4) | |
| 11 | Total comprehensive income for the period / year (9+10) | 19,398 | 20,569 | 24,506 | 72,789 | 67,618 |
| Attributable to: | ||||||
| (i) owners of the holding company | 14,871 | 18,633 | 24,258 | 64,741 | 68,151 | |
| (ii) non-controlling interests | 4,527 | 1,936 | 248 | 8,048 | (533) | |
| 12 | Earnings per equity share (in ₹) (of ₹ 10/- each) (not annualised except for the year end): | |||||
| (a) Basic | 5.95 | |||||
| (b) Diluted |
| Sl. No | Particulars | As at 31.03.2026 [Audited] | As at 31.03.2025 [Audited] |
|---|---|---|---|
| A | ASSETS | ||
| i | Non-current assets | ||
| (a) Property, plant and equipment | 1,05,663 | 99,233 | |
| (b) Capital work-in-progress | 21,592 | 13,784 | |
| (c) Investment properties | 4,07,518 | 4,08,102 | |
| (d) Investment property under development | 3,36,783 | 1,79,075 | |
| (e) Goodwill | 2,034 | 2,034 | |
| (f) Other intangible assets | 1,665 | 1,505 | |
| (g) Intangible asset under development | 606 | – | |
| (h) Investments accounted for using equity method | 267 | 230 | |
| (i) Financial assets | |||
| (i) Investments | 920 | 411 | |
| (ii) Other financial assets | 29,033 | 28,742 | |
| (j) Other non-current assets | 16,303 | 39,331 | |
| (k) Deferred tax assets (net) | 74,019 | 45,898 | |
| (l) Income tax assets (net) | 17,578 | 10,564 | |
| Total Non-current assets | 10,13,981 | 8,28,909 | |
| 2 | Current assets | ||
| (a) Inventories | 11,40,089 | 8,88,735 | |
| (b) Financial assets | |||
| (i) Investments | 5,039 | 3,661 | |
| (ii) Trade receivables | 60,069 | 62,912 | |
| (iii) Cash and cash equivalents | 1,48,629 | 1,86,996 | |
| (iv) Bank balances other than (iii) above | 1,19,872 | 1,39,104 | |
| (v) Loans | – | 240 | |
| (vi) Other financial assets | 66,789 | 47,226 | |
| (c) Other current assets | 70,878 | 51,221 | |
| Total Current assets | 16,11,365 | 13,80,095 | |
| TOTAL ASSETS (1+2) | 26,25,346 | 22,09,004 | |
| B | EQUITY AND LIABILITIES | ||
| EQUITY | |||
| Equity share capital | 24,459 | 24,437 | |
| Other equity | 6,57,563 | 5,39,408 | |
| Equity attributable to owners of the Holding Company | 6,82,022 | 5,63,845 | |
| Non controlling interest | 70,380 | 27,689 | |
| Total equity | 7,52,402 | 5,91,534 | |
| C | LIABILITIES | ||
| 1 | Non-current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | 5,26,797 | 4,36,135 | |
| (ii) Lease liabilities | 21,935 | 18,133 | |
| (iii) Other financial liabilities | 14,092 | 13,444 | |
| (b) Provisions | 719 | 283 | |
| (c) Deferred tax liabilities (net) | 4,924 | 1,424 | |
| (d) Other non-current liabilities | 6,469 | 7,203 | |
| Total Non-current liabilities | 5,74,936 | 4,76,622 | |
| 2 | Current liabilities | ||
| (a) Financial liabilities | |||
| (i) Borrowings | 84,166 | 91,311 | |
| (ii) Lease liabilities | 1,497 | 810 | |
| (iii) Trade payables | |||
| – Total outstanding dues of micro enterprises and small enterprises; and | 20,990 | 15,025 | |
| – Total outstanding dues of creditors other than micro enterprises and small enterprises | 67,180 | 63,552 | |
| (iv) Other financial liabilities | 92,499 | 88,476 | |
| (b) Other current liabilities | 10,24,200 | 8,77,896 | |
| (c) Provisions | 4,643 | 3,062 | |
| (d) Current tax liabilities (net) | 2,833 | 716 | |
| Total Current liabilities | 13,96,008 | 11,40,816 | |
| Total liabilities (1+2) | 18,72,944 | 16,17,470 | |
| TOTAL EQUITY AND LIABILITIES (B+C) | 26,25,346 | 22,09,004 |
| Particulars | Year ended 31.03.2026 (Audited) | Year ended 31.03.2025 (Audited) |
|---|---|---|
| (A) Cash flows from operating activities | ||
| Profit before tax | 90,388 | 86,927 |
| Adjustments: | ||
| Depreciation and amortisation expense | 31,237 | 28,878 |
| Finance costs | 40,944 | 49,549 |
| Interest income from financial assets at amortised cost | (16,899) | (19,482) |
| Expected credit loss on financial asset | – | 1,643 |
| Gain on sale of investments in mutual funds (net) | (149) | (1,044) |
| Provisions no longer required, written back | (880) | (361) |
| Loans and advances written off | 12 | 68 |
| Impairment losses on trade receivables | – | 251 |
| Expected credit loss on financial asset (including written-off) | 111 | – |
| Provision for contract loss | – | 35 |
| Gain on loss of control of subsidiary | – | (265) |
| Share of loss of joint venture | (37) | – |
| Bad debts written off | 99 | 52 |
| (Gain) / loss on sale of property, plant and equipment (net) | (26) | 102 |
| Share based payments to employees | 327 | 839 |
| Operating profit before working capital changes | 1,45,127 | 1,47,192 |
| Movements in working capital in: | ||
| Trade payables | 10,468 | 2,922 |
| Other financial liabilities | 8,059 | 9,537 |
| Other liabilities | 1,32,760 | 1,37,565 |
| Trade receivables | 2,632 | (13,243) |
| Inventories | (2,54,480) | (1,35,744) |
| Other financial assets | (18,202) | (10,350) |
| Other assets | 8,375 | (7,365) |
| Provisions | 2,018 | 970 |
| Cash generated from operations | 36,757 | 1,31,484 |
| Direct taxes paid, net | (50,463) | (31,953) |
| Net cash flows (used in)/ generated from operating activities (A) | (13,706) | 99,531 |
| (B) Cash flows from investing activities | ||
| Purchase of property, plant and equipment (including capital work in progress), investment properties (including investment property under development) and intangible assets (including intangible asset under development) | (1,73,860) | (63,938) |
| Proceeds from sale of property, plant and equipment | 487 | 198 |
| Purchase of mutual funds | (32,101) | (15,292) |
| Redemption of mutual funds | 30,872 | 16,464 |
| Repayment of loans given | 246 | – |
| Acquisition of a subsidiary (refer note 10) | (1,345) | – |
| Investments in body corporates | (509) | (645) |
| Redemption of investments in body corporates | – | 916 |
| Movement in bank deposits, net | 16,030 | (12,476) |
| Acquisition of non controlling interest | – | (278) |
| Interest received | 16,576 | 16,061 |
| Net cash flows (used in) investing activities (B) | (1,43,604) | (58,990) |
| (C) Cash flows from financing activities | ||
| Proceeds from issue of equity shares, (including securities premium) net | 752 | 1,48,002 |
| Issue of equity shares to NCI in subsidiary (including securities premium), net | 83,985 | – |
| Capital contribution by non-controlling interests in subsidiaries | 37 | 230 |
| Proceeds from non-current borrowings (including current maturities) | 2,08,736 | 87,836 |
| Proceeds from current borrowings | 39,663 | – |
| Repayment of non-current borrowings (including current maturities) | (1,33,981) | (97,046) |
| Repayment of short term borrowings | (23,340) | – |
| Payment of principle portion of lease liabilities | (1,592) | (369) |
| Payment of interest portion of lease liabilities | (1,598) | (1,347) |
| Interest paid | (46,397) | (46,715) |
| Dividends paid (including unclaimed dividend) |