B-Right Realestate Limited reported a net profit of ₹35.15 crore for the financial year ended March 31, 2026, a substantial increase from ₹1.69 crore in the previous year. The company’s revenue from operations grew by 62% to ₹169.93 crore, driven by robust business momentum and strong execution.

The company achieved its highest-ever pre-sales of ₹286.40 crore, representing a 54% year-on-year growth. This operational success was supported by the addition of 8 new projects with a combined Gross Development Value (GDV) of ₹1,055 crore, enhancing future revenue visibility. Profitability improved significantly, with adjusted EBITDA margins reaching 36.6%.

Financial Performance

The strong financial performance reflects the company’s resilient business model and strategic expansion into the real estate and construction sectors. The management attributed the growth to efficient execution and prudent cost management. The following table summarizes the key financial metrics for the past three years:

Operational Highlights

During the year, the company sold 624 units, covering approximately 3.94 lakh sq. ft. of area. The project pipeline remains robust, with 11 ongoing projects and 18 projects in the pipeline across Mumbai and surrounding regions. The company’s focus on redevelopment and Slum Rehabilitation Authority (SRA) projects continues to present significant growth opportunities in the Mumbai Metropolitan Region.

Corporate Governance

The board has approved the closure of the Fixed Deposit Scheme, effective from the date of the Annual General Meeting. Additionally, the board has proposed new employee stock option schemes and performance-based stock unit schemes to incentivize employees. The company continues to maintain adequate internal financial controls and has complied with all applicable statutory provisions.

B-Right Realestate Limited will seek shareholder approval to discontinue its Fixed Deposit Scheme and adopt new employee stock option plans at its 19th Annual General Meeting scheduled for August 14, 2026. The meeting, to be held at the Westin Grand Ballroom in Mumbai, will also address the re-appointment of a director and the regularization of an additional director. The Board has recommended the closure of the Fixed Deposit Scheme effective from the date of the AGM, stating that existing deposits will continue to be serviced and repaid in accordance with applicable regulations until maturity.

Special Business Agenda

The special business includes the approval of the BRRL Employee Stock Option Scheme 2026 (ESOP 2026) and the BRRL Performance Based Stock Unit Scheme 2026 (PSU 2026). The ESOP 2026 proposes to grant up to 10,33,120 options to eligible employees of the company and its subsidiaries, while the PSU 2026 proposes to grant up to 5,16,560 stock units. Both schemes are designed to attract and retain talent by offering participation in the company's long-term growth. The Board has also recommended the regularization of Mr. Prashant Shirsat, who was appointed as an Additional Director in November 2025, as a Director of the company.

Ordinary Business and Director Appointments

Under ordinary business, shareholders will consider the adoption of the audited standalone and consolidated financial statements for the year ended March 31, 2026. Mr. Sanjay Nathalal Shah, who retires by rotation at this meeting, is eligible and has offered himself for re-appointment. The company has set July 17, 2026, as the record date to determine shareholder eligibility for voting at the AGM.

Key Scheme Details

The proposed compensation schemes include specific vesting periods and lock-in conditions. The ESOP 2026 options will vest after a minimum period of one year and not later than five years from the date of grant. The PSU 2026 units will vest after a minimum of one year and not later than ten years. Shares issued upon the exercise of ESOPs will be freely transferable, whereas shares allotted under the PSU scheme will be subject to a lock-in period of up to five years.