Brigade Enterprises Limited announced its audited financial results for the fourth quarter and financial year ended March 31, 2026. The results were approved at the Board meeting held on May 06, 2026, and subsequently published in "The Business Standard" and "Vijayavani" on May 07, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The publication was signed by Managing Director Pavitra Shankar. On a consolidated basis, the company reported an 11% increase in annual revenue from operations to ₹5,69,722 lakhs, compared to ₹5,07,421 lakhs in the previous year, while total income rose to ₹5,90,901 lakhs from ₹5,31,354 lakhs. Profit After Tax (PAT) attributable to owners of the holding company stood at ₹64,439 lakhs for FY26. The Board of Directors recommended a final dividend of ₹2 per equity share and a bonus issue in the ratio of 1:3, subject to shareholder approval. Statutory auditors Walker Chandiok & Co LLP issued an unmodified opinion on both consolidated and standalone financial statements.

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises has made available the audio recording of its Q4 FY 2025-26 conference call with investors and analysts, held on May 7, 2026. The recording has been uploaded to the company's website and can be accessed at the investor relations section under audio recordings of post-earnings quarterly calls.

Q4 FY26 Consolidated Performance

For the quarter ended March 31, 2026, Brigade reported consolidated revenue from operations of ₹1,45,760 lakhs, compared to ₹1,46,039 lakhs in the same period last year. Total income for the quarter stood at ₹1,52,311 lakhs against ₹1,53,229 lakhs in Q4 FY25. Profit before tax for the quarter was ₹24,489 lakhs versus ₹30,565 lakhs in the corresponding quarter. PAT attributable to owners of the holding company for Q4 FY26 was ₹14,549 lakhs, compared to ₹24,683 lakhs in Q4 FY25. The diluted EPS for the quarter stood at ₹5.94 versus ₹10.32 in Q4 FY25.

Full-Year Consolidated Financial Summary

For FY26, Brigade's consolidated total income grew to ₹5,90,901 lakhs from ₹5,31,354 lakhs in FY25. Total expenses for the year stood at ₹4,99,170 lakhs versus ₹4,44,427 lakhs in the prior year. Profit before exceptional items and tax was ₹91,768 lakhs, compared to ₹86,927 lakhs in FY25. Exceptional items of ₹(1,380) lakhs (net) relate to the impact of new Labour Codes made effective from November 21, 2025. Profit before tax for FY26 was ₹90,388 lakhs against ₹86,927 lakhs in FY25. Total consolidated PAT for the year was ₹72,476 lakhs, with ₹64,439 lakhs attributable to owners of the holding company. The diluted EPS for FY26 stood at ₹26.33 versus ₹28.68 in FY25.

Segment Performance

Brigade operates across Real Estate, Leasing, and Hospitality segments on a consolidated basis. The Real Estate segment reported FY26 segment revenue of ₹3,96,985 lakhs, up from ₹3,40,263 lakhs in FY25, with segment results of ₹56,007 lakhs. The Leasing segment posted revenue of ₹1,29,707 lakhs versus ₹1,18,057 lakhs, with segment results of ₹73,054 lakhs. The Hospitality segment recorded revenue of ₹59,561 lakhs against ₹53,877 lakhs, with segment results of ₹12,770 lakhs. Total segment assets as at March 31, 2026 stood at ₹26,25,346 lakhs, with Real Estate accounting for ₹14,32,227 lakhs, Leasing for ₹7,59,405 lakhs, and Hospitality for ₹1,20,859 lakhs.

Corporate Actions and Postal Ballot

The Board recommended a final dividend of ₹2 per equity share (20%) of ₹10 each for FY26, payable within 30 days from the date of shareholder approval at the ensuing Annual General Meeting. A bonus issue of equity shares in the ratio of 1:3 was also approved — one bonus equity share of ₹10 each for every three equity shares held as on the record date, subject to shareholder approval. The total bonus shares proposed to be issued are 8,15,40,595 equity shares of face value ₹10 each, amounting to ₹81,54,05,950. The pre-bonus paid-up equity share capital as on May 06, 2026 is ₹244,62,17,850 consisting of 24,46,21,785 shares, while the post-bonus paid-up equity share capital shall be ₹326,16,23,800 consisting of 32,61,62,380 shares. The estimated credit date for bonus shares is on or before July 05, 2026. The Board also approved increasing the authorized share capital from ₹250 crores to ₹400 crores, subject to shareholder approval.

Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises dispatched a Postal Ballot Notice on May 8, 2026 to seek member approval for two ordinary resolutions: the increase in authorised share capital and the bonus equity share issue by capitalisation of reserves. The notice was sent electronically to members whose email IDs were registered as on the cut-off date of Friday, May 1, 2026. The company has engaged KFin Technologies Limited as Registrar and Share Transfer Agent to provide the remote e-voting facility. CS Biswajit Ghosh (Membership No. FCS 8750) or, in his absence, CS Pramod S M (Membership No. F7834), Partners of M/s. BMP & Co., LLP, have been appointed as Scrutinizer for the postal ballot process. Results of the Postal Ballot will be announced on or before Tuesday, June 9, 2026.

The bonus issue is being undertaken to commemorate Brigade Group completing 40 years of operations on October 10, 2026, alongside its consistent growth in financial and operational performance. The capitalisation will be made from a sum not exceeding ₹81,54,05,950 out of the free reserves and/or the securities premium account of the Company.

Postal Ballot Newspaper Advertisement

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Brigade Enterprises published a newspaper advertisement on May 9, 2026 regarding the Postal Ballot Notice in all editions of "Business Standard" (English) and "Vijayavani" (Kannada). The advertisement was filed with the National Stock Exchange of India Limited and BSE Limited on the same date, signed by P. Om Prakash, Company Secretary and Compliance Officer (ICSI Membership No. F5435). The public notice provided members with information on remote e-voting and other related details pertaining to the two resolutions — the bonus equity share issue by capitalisation of reserves and the increase in authorised share capital from ₹250,00,00,000 to ₹400,00,00,000.

Postal Ballot Calendar of Events

The following schedule governs the postal ballot and remote e-voting process for the two resolutions:

Brigade Enterprises Limited allotted 28,321 equity shares under its Employee Stock Option Plan on May 06, 2026, following the approval of its Nomination and Remuneration Committee. The allotment was made under the Brigade Employee Stock Option Plan rolled out in 2022, and has resulted in a corresponding increase in the company's paid-up share capital.

ESOP Allotment Details

The Nomination and Remuneration Committee convened on Wednesday, May 06, 2026, and considered and approved the allotment of equity shares to eligible employees. The meeting commenced at 10.00 a.m. and concluded at 11.05 a.m. The key details of the allotment are presented below:

Impact on Share Capital

As a result of the allotment, the paid-up share capital of Brigade Enterprises Limited has increased from Rs.2,44,59,34,640/- to Rs.2,44,62,17,850/-. The allotment was carried out under the Employee Stock Option Plan that the company introduced in 2022, reflecting the company's ongoing commitment to employee equity participation.

The disclosure was made to both the National Stock Exchange of India Limited and BSE Limited by P. Om Prakash, Company Secretary and Compliance Officer of Brigade Enterprises Limited, in accordance with applicable listing obligations.