B-Right RealEstate wins award as FY26 profit surges 1,974%

1 min read     Updated on 13 Jun 2026, 07:09 PM
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Suketu GScanX News Team
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B-Right RealEstate Limited won the Excellence In Integrated Property Solutions award at the Crafting Bharat Business Conclave & Awards 2026. The company reported a 62% rise in FY26 revenue to ₹169.9 crore and a 1,974% surge in net profit to ₹35.1 crore. With over 10 million sq. ft. under development, it targets a future GDV exceeding ₹7,500 crore.

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B-Right RealEstate Limited has been conferred the “Excellence In Integrated Property Solutions” award at the Crafting Bharat Business Conclave & Awards 2026, recognizing its commitment to customer-centric and value-driven real estate solutions. The award underscores the company's efforts in project execution, redevelopment, and integrated property development. This recognition comes as the company reported strong operational performance for FY26, marked by significant financial growth and expanded market presence.

Financial Performance in FY26

The company achieved robust financial results during the fiscal year, driven by the successful execution of its business strategy. Revenue increased by 62% year-on-year to ₹169.9 crore, while EBITDA grew by 366% to ₹67.7 crore. Net profit surged by 1,974% to ₹35.1 crore. Additionally, the company recorded pre-sales of ₹286.4 crore and robust collections of ₹124.2 crore during the year. The company also crossed the ₹1,000 crore market capitalization milestone, reflecting investor confidence.

Metric FY26 Value Growth
Revenue ₹169.9 crore 62%
EBITDA ₹67.7 crore 366%
Net Profit ₹35.1 crore 1,974%
Pre-sales ₹286.4 crore -
Collections ₹124.2 crore -

Growth Prospects and Pipeline

Looking ahead, the company has identified substantial growth opportunities through its ongoing and upcoming projects. The ongoing projects offer an estimated revenue potential of approximately ₹1,840 crore. The upcoming project pipeline is expected to generate a Gross Development Value (GDV) exceeding ₹7,500 crore. With over 10 million sq. ft. currently under development across multiple projects in Mumbai, the company aims to strengthen its market presence and deliver sustained long-term growth.

Leadership and Strategic Focus

Mr. Sanjay Nathal Shah, Chairman and Managing Director, attributed the recognition to the dedication of the team and the company's focus on quality developments. He emphasized that the accolade inspires the company to continue raising industry standards through innovation and a customer-centric approach. The company remains focused on driving sustainable growth and creating long-term value for customers, investors, and communities through its redevelopment and urban transformation projects.

Historical Stock Returns for B Right Realestate

1 Day5 Days1 Month6 Months1 Year5 Years
+3.27%-4.71%-5.95%+90.64%+154.02%+495.45%

How does B-Right RealEstate plan to fund the execution of its projected GDV exceeding ₹7,500 crore?

What specific strategies will the company employ to maintain the current EBITDA margins as it scales operations?

Will the company look to expand beyond Mumbai to diversify its geographic risk given the 10 million sq. ft. under development?

Subsidiary secures Rs 212 Cr redevelopment project

0 min read     Updated on 20 May 2026, 06:28 PM
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B-Right Realestate Limited's step-down subsidiary, B-Right Bombay Highlines Developers Private Limited, has been appointed for the redevelopment of Mangalya Co-Operative Housing Society Limited in Mahim West, Mumbai. The project spans 1,323.95 Sq. Mtr. and has an expected GDV of Rs 212 Crores, impacting 24 families.

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B-Right Realestate Limited has disclosed the appointment of its step-down subsidiary for a significant redevelopment venture. M/s. B-Right Bombay Highlines Developers Private Limited has been selected to undertake the proposed redevelopment of the Mangalya Co-Operative Housing Society Limited. The society is located in Mahim West, Mumbai, and the project aims to uplift the lifestyle of 24 families.

Project Details

The redevelopment project covers a land area of 1,323.95 Sq. Mtr. The financial scope of the project is substantial, with an expected Gross Development Value (GDV) of approximately Rs 212 Crores. This development represents a strategic expansion for the company's portfolio in the Mumbai real estate market.

Project Parameter Details
Project Location Mahim West, Mumbai
Land Area 1,323.95 Sq. Mtr.
Expected GDV Rs 212 Crores
Beneficiary Families 24

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has informed the stock exchanges regarding this development, which is expected to contribute positively to its future revenue streams.

Historical Stock Returns for B Right Realestate

1 Day5 Days1 Month6 Months1 Year5 Years
+3.27%-4.71%-5.95%+90.64%+154.02%+495.45%

What is the expected timeline for completion of the Mangalya Co-Operative Housing Society redevelopment, and how will it impact B-Right Realestate's near-term revenue recognition?

Are there additional co-operative housing society redevelopment projects in Mumbai's pipeline that B-Right Realestate is targeting to expand its portfolio beyond this Rs 212 Crore GDV project?

How might rising construction costs and potential regulatory delays in Mumbai's redevelopment sector affect the projected GDV and profit margins for this Mahim West project?

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1 Year Returns:+154.02%