Recommended the final dividend
BRIGADE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Brigade Enterprises Ltd reported consolidated revenue of Rs.5,69,722 lakhs for FY2026, up 12.3% from Rs.5,07,421 lakhs in FY2025. Consolidated profit after tax grew to Rs.72,476 lakhs from Rs.68,047 lakhs. However, standalone profit after tax declined significantly to Rs.27,747 lakhs from Rs.45,530 lakhs in the previous year. The Board recommended a final dividend of Rs.2 per equity share (20% on Rs.10 face value), subject to shareholder approval. Additionally, the Board approved a bonus issue in the ratio of 1:3 (1 bonus share for every 3 shares held), which will increase the company's share capital. The company also increased its authorised share capital from Rs.250 crores to Rs.400 crores.
The company reported healthy topline growth but standalone profitability declined sharply. The bonus issue will increase liquidity and shareholder base, while the dividend provides income. The combined announcements signal management confidence but existing shareholders will see dilution in earnings per share until profits recover.