B-Right Realestate Limited Investor Presentation FY26: Revenue Surges 62%, Net Profit Jumps 1974%

4 min read     Updated on 06 May 2026, 02:22 PM
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B-Right Realestate Limited's FY 2025-26 investor presentation highlights revenue of ₹169.9 crore (+62% YoY), EBITDA of ₹67.7 crore (+366% YoY), and net profit of ₹35.1 crore (+1974% YoY). Pre-sales reached ₹286.4 crore with collections of ₹124.2 crore and 1,29,726 sq. ft. of carpet area sold during the year. The company's ongoing portfolio carries a total projected revenue of ₹1,840 crore, while its upcoming project pipeline has an aggregate GDV of ₹7,546 crore across 19 projects. Net worth stood at ₹176 crore in FY26, with the Debt/PBT ratio improving significantly to 3 from 18 in FY24.

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B-Right Realestate Limited, listed on the BSE SME Platform, released its investor presentation for FY 2025-26 under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The presentation, filed on May 06, 2026, highlights a year of strong financial and operational performance, underpinned by the company's focus on SRA and redevelopment projects across Mumbai's key micro-markets.

FY26 Yearly Snapshot

The company delivered robust headline numbers for the year ended March 2026, with revenue, profitability, and operational metrics all registering significant year-on-year improvement. The following table summarises the key performance indicators:

Metric: FY26 YoY Growth
Revenue: ₹169.9 CR +62%
EBITDA: ₹67.7 CR +366%
Net Profit: ₹35.1 CR +1974%
Pre-Sales Value: ₹286.4 CR
Collections: ₹124.2 CR
Carpet Area Sold: 1,29,726 SQFT

Consolidated Financial Performance

The consolidated profit and loss statement (amounts in Lakhs) reflects a sharp acceleration in profitability across all three fiscal years tracked in the presentation:

Particulars: FY 24 FY 25 FY 26
Revenue from Operations: ₹4,090 ₹10,343 ₹16,779
Other Income: ₹138 ₹147 ₹213
Total Income: ₹4,228 ₹10,490 ₹16,993
Expenses: ₹3,364 ₹9,387 ₹11,083
Profit Before Tax: ₹864 ₹838 ₹5,910
Current Tax: ₹311 ₹403 ₹1,349
Deferred Tax: ₹21 ₹(1.65) ₹(1.71)
Profit/(Loss) (Attributable to Parent): ₹243 ₹169 ₹3,515

Revenue from operations grew from ₹4,090 lakhs in FY24 to ₹16,779 lakhs in FY26, while profit before tax expanded from ₹864 lakhs in FY24 to ₹5,910 lakhs in FY26. The profit attributable to the parent company rose sharply from ₹169 lakhs in FY25 to ₹3,515 lakhs in FY26.

Operational Highlights

The company's operational performance has shown consistent growth over the three-year period, with both pre-sales and revenue rising steadily:

Particulars: FY 24 FY 25 FY 26
Pre-Sales Value (₹ CR): 97 186 286
Revenue (₹ CR): 42 105 170

Pre-sales more than doubled from ₹97 crore in FY24 to ₹286 crore in FY26, while revenue grew from ₹42 crore to ₹170 crore over the same period.

Debt Profile and Balance Sheet

The consolidated balance sheet (amounts in Lakhs) shows total assets and liabilities of ₹49,070 lakhs in FY26, up from ₹33,153 lakhs in FY25. Key debt and equity metrics are as follows:

Metric: FY 24 FY 25 FY 26
Net Worth (₹ CR): 140 141 176
Debt (₹ CR): 154 78 187
Debt/Equity: 1.10 0.55 1.05
Debt/PBT: 18 9 3

Net worth improved from ₹140 crore in FY24 to ₹176 crore in FY26. While total debt increased to ₹187 crore in FY26 from ₹78 crore in FY25, the Debt/PBT ratio improved markedly from 18 in FY24 to 3 in FY26, reflecting stronger earnings relative to debt levels.

Project Portfolio Overview

The company's ongoing project portfolio comprises 11 projects with a combined salable area of 7,53,712 sq. ft. Of this, 3,94,740 sq. ft. has been sold across 624 units, while 3,58,972 sq. ft. across 577 units remains unsold. Total receipts from sold units stand at ₹185 crore, with receivables of ₹405 crore. The total projected revenue from ongoing projects is ₹1,840 crore, of which ₹191 crore has been recognised and ₹1,649 crore remains unrecognised.

The upcoming project pipeline spans 19 projects with a combined free sales FSI of 27,68,353 sq. ft. and an aggregate GDV of ₹7,546 crore. The three largest upcoming projects by GDV are Sky 54 in Malad East (GDV: ₹2,145 crore), Shivaji Nagar in Borivali West (GDV: ₹1,206 crore), and Grandeur in Mulund West (GDV: ₹1,577 crore).

Lenders and Institutional Relationships

The company maintains working capital and construction finance facilities with multiple lenders:

Lender: Facility Details
HDFC Bank: ₹30 Cr Working Capital Limit
ICICI Bank: ₹11 Cr Working Capital Limits
Capri Global Capital Limited: ₹45 Cr Construction Finance Limit
State Bank of India: Construction Finance Limit Facility Fully Repaid
Malani Ventures (Promoter Family Office): ₹25.26 Cr Promoter Funding at Project Level

Growth Journey and Key Milestones

B-Right Realestate's growth journey spans over a decade, with several notable milestones:

  • 2008: Mr. Sanjay Shah began investing in the real estate sector, identifying opportunities in distressed projects.
  • 2010: Entered large-scale project funding through personal networks, banks, and NBFCs.
  • 2016: Successfully executed the first distressed project, demonstrating project management capabilities.
  • 2022: Raised ₹44 Crores via BSE SME IPO.
  • 2025: Earned BBB-/Stable Investment Grade Rating for the company's ₹40 Crore Fixed Deposit Scheme.
  • 2026: Crossed ₹1,000+ crore market capitalisation milestone.

The company reports having successfully delivered over 1 million sq. ft. across completed projects, with over 10 million sq. ft. under development across ongoing projects and 12+ completed projects delivered.

Historical Stock Returns for B Right Realestate

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%+1.59%-2.81%+160.16%+169.51%+523.38%

With ₹1,649 crore in unrecognised revenue from ongoing projects, what execution risks could delay revenue recognition and impact B-Right's profitability trajectory in FY27?

Given the sharp rise in debt from ₹78 crore to ₹187 crore in FY26 to fund the upcoming pipeline, how might rising interest rates or tightening credit conditions affect the company's ability to finance its ₹7,546 crore GDV project pipeline?

How could potential regulatory changes in Mumbai's SRA and redevelopment policies impact B-Right's project approvals and timelines for its 19 upcoming projects?

B-Right Realestate Swings to Q4 Net Profit of 336M Rupees, Revenue Jumps to 360M Rupees YoY

1 min read     Updated on 06 May 2026, 05:31 AM
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B-Right Realestate reported a net profit of 336M rupees in Q4, compared to a net loss of 1.9M rupees in the same quarter of the previous year. Revenue surged to 360M rupees from 11M rupees year-on-year, marking a significant expansion in the company's business activity. The results reflect a sharp financial turnaround, with both profitability and revenue showing dramatic improvement on a year-on-year basis.

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b right realestate has reported a strong financial turnaround in the fourth quarter, swinging to a net profit of 336M rupees from a net loss of 1.9M rupees in the corresponding quarter of the previous year. The company's revenue also witnessed a remarkable jump, rising to 360M rupees from 11M rupees year-on-year, underscoring a substantial improvement in its operating scale and business momentum.

Q4 Financial Performance at a Glance

The quarterly results reflect a dramatic shift in the company's financial trajectory. The following table summarizes the key financial metrics for the quarter compared to the same period last year:

Metric: Q4 (Current Year) Q4 (Previous Year) Change (YoY)
Net Profit / (Loss): 336M rupees (1.9M rupees) Turnaround to Profit
Revenue: 360M rupees 11M rupees Significant Increase

Turnaround Highlights

The scale of the turnaround is notable across both key financial metrics:

  • Net Profit: Moved from a loss of 1.9M rupees to a profit of 336M rupees on a year-on-year basis.
  • Revenue: Grew from 11M rupees to 360M rupees year-on-year, indicating a sharp ramp-up in business operations.

The results indicate that B-Right Realestate has significantly expanded its revenue base during the quarter, which has directly translated into a substantial improvement in profitability. The transition from a loss-making position to a strong net profit underscores the scale of operational progress recorded in Q4.

Historical Stock Returns for B Right Realestate

1 Day5 Days1 Month6 Months1 Year5 Years
+0.52%+1.59%-2.81%+160.16%+169.51%+523.38%

Can B-Right Realestate sustain this revenue momentum into the next fiscal year, or was the Q4 surge driven by one-time project completions or land deals?

How might this dramatic financial turnaround influence B-Right Realestate's ability to raise capital or secure new project financing in the near term?

What impact could this performance have on the company's stock valuation and investor sentiment given the scale of the year-on-year improvement?

More News on B Right Realestate

1 Year Returns:+169.51%