B-Right Realestate Limited has formally declared to BSE Limited that its Statutory Auditors have issued an Audit Report with an unmodified opinion on the company's financial statements for the half year and year ended March 31, 2026. The declaration was submitted on May 18, 2026, from Mumbai.

Regulatory Disclosure Under Regulation 33

The declaration was made pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. It serves as an additional disclosure, supplementing the audited financial results previously filed on May 05, 2026.

Scope of the Unmodified Opinion

The Statutory Auditors of B-Right Realestate Limited have issued an unmodified opinion covering both the standalone and consolidated financial statements of the company. An unmodified opinion indicates that the auditors found the financial statements to present a true and fair view in accordance with applicable accounting standards, without any qualifications, disclaimers, or adverse remarks.

Signatory Details

The declaration was signed and submitted by CS Bhagyashree Mehadia, Company Secretary and Compliance Officer (ACS: 77087), on behalf of B-Right Realestate Limited, with the place of signing recorded as Mumbai.

B-Right RealEstate Limited, a Mumbai-focused real estate developer specialising in redevelopment and Slum Rehabilitation Authority (SRA) projects, has announced its highest-ever financial and operational performance for FY 2025–26, while also anticipating revenue growth exceeding 50% for FY27, driven by strong visibility in its project pipeline. The company reported a consolidated revenue of ₹169.9 crore, a net profit of ₹35.1 crore—nearly 20 times higher than the previous year—and crossed the ₹1,000 crore market capitalisation milestone, marking a significant step in its evolution as an urban redevelopment platform.

FY26 Financial Performance

The company's FY26 results reflect strong operating leverage and efficient project execution across its Mumbai portfolio. EBITDA rose sharply by 366% to ₹67.7 crore, while net profit grew 1974% year-on-year to ₹35.1 crore. Pre-sales of ₹286.4 crore and collections of ₹124.2 crore further underscored the operational momentum maintained during the year.

The following table summarises the key financial and operational highlights for FY26:

Operational Scale and Development Pipeline

B-Right RealEstate's development platform currently spans over 10 million sq. ft. under development across multiple projects in Mumbai. The company's ongoing projects carry an estimated projected revenue potential of approximately ₹1,840 crore, while an upcoming project has an estimated Gross Development Value (GDV) exceeding ₹7,500 crore. The portfolio covers key Mumbai micro-markets including Malad, Andheri, Jogeshwari, Khar, Matunga, Mulund, Borivali, Chembur, Santacruz, and South Mumbai, spanning SRA projects, society redevelopment, and joint development opportunities.

Management Commentary

Commenting on the performance, Mr. Sanjay Nathalal Shah, Chairman & Managing Director, stated: "FY26 marks a significant inflection point in B-Right Group's growth journey. Our SRA and redevelopment-led platform backed by strong execution capabilities, disciplined capital allocation, and an IRR-driven growth strategy has started delivering results. While certain large-format projects experienced approval-related delays during the year, our overall execution momentum remained robust and our development pipeline expanded substantially."

FY27 Outlook and Planned Project Launches

Looking ahead, the company has outlined plans to launch 5 projects in FY27 with an estimated combined GDV of approximately ₹687 crore. The planned launches include:

• Oscar Jyoti
• Ideal
• Safalya
• Godavari SRA
• Lovely Cozy
• Sharda

The company expects revenue growth of over 50% in FY27, subject to timely regulatory approvals and stable market conditions. B-Right RealEstate continues to strengthen relationships with leading financial institutions including HDFC Bank, ICICI Bank, Capri Global Capital Limited, and State Bank of India, which are expected to support future expansion and project execution initiatives.

About B-Right RealEstate Limited

B-Right RealEstate Limited is a Mumbai-based listed social real estate development company focused on redevelopment, SRA, and urban transformation projects. The company has built a diversified portfolio across key Mumbai micro-markets, supported by an expanding development platform, disciplined capital allocation, and an execution-led growth strategy.