Q2 FY27 PAT rises 29%; FY29 office rental target set

Order pipeline disclosedMulti-year targets disclosedInvestor Communications View source PDF Explain this filing

BRIGADE · price

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Price reactionminutes from the announcement price · days from the prior close

-0.3%Reaction day

₹528.00

prior close

₹534.10

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.4%-0.7% vs market

Residential Commercial Projects peers, median of 65sector+0.3%-0.6% vs sector

On the reaction day the stock moved 0.7 pts less than Nifty Smallcap 250 and 0.6 pts less than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.3

10m

+0.4

15m

+0.1

30m

-1.0

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.3+0.4-0.7+0.3-0.6

Next day

+2.4+2.4-0.0+2.6-0.3

+6.6+3.2+3.4+4.1+2.6

+5.9pendingpending+4.0+2.0

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15d

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UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 65Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q2 FY27 net sales were INR1,827 crore and consolidated revenue INR1,250 crore. EBITDA rose to INR478 crore, lifting margin to 38% from 26%, while consolidated PAT grew 29% to INR219 crore. Management reiterated INR9,000 crore presales guidance and plans launches of 7 million sq ft worth INR7,600 crore in H2 FY27. By FY29, it targets 12.4 million sq ft of office space and INR1,700 crore of rental income.

Likely market impact

Profit growth and margin gains are positive. The launch pipeline and FY29 rental target support growth, but higher spending and borrowing add risk.