Integrated Filing — IndAS

General information about company
Scrip Code	532929
NSE Symbol	BRIGADE
MSEI Symbol	NOTLISTED
ISIN	INE791I01019
Name of company	Brigade Enterprises Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	14-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	08-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	14-May-2025   12:30:00
End date and time of board meeting	14-May-2025   17:00:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-01-29
Indicate Company website link for updated RPT policy of the Company	www.brigadegroup.com
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	Yes
No. of times funds raised during the quarter	1
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	Yes

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	6187800000	21169300000
	Other income	650400000	2671300000
	Total income	6838200000	23840600000
2	Expenses
(a)	Cost of materials consumed	735600000	2424700000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-6566900000	-10477100000
(d)	Employee benefit expense	669900000	2384000000
(e)	Finance costs	204600000	1296400000
(f)	Depreciation, depletion and amortisation expense	204400000	797800000
(f)	Other Expenses
1	Sub-contractor costs	2479500000	8749600000
2	Land purchase cost	5998800000	9007500000
3	License fees and plan approval charges	474800000	1429500000
4	Architect and consultancy fees	100300000	407000000
5	Other Expenses	843300000	2897000000
	Total other expenses	9896700000	22490600000
	Total expenses	5144300000	18916400000
3	Total profit before exceptional items and tax	1693900000	4924200000
4	Exceptional items	0	0
5	Total profit before tax	1693900000	4924200000
6	Tax expense
7	Current tax	378700000	1729100000
8	Deferred tax	-765200000	-1357900000
9	Total tax expenses	-386500000	371200000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	2080400000	4553000000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	2080400000	4553000000
17	Other comprehensive income net of taxes	-27400000	-27400000
18	Total Comprehensive Income for the period	2053000000	4525600000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	2443700000	2443700000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		58707100000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	8.72	19.09
	Diluted earnings (loss) per share from continuing operations	8.7	19.04
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	8.72	19.09
	Diluted earnings (loss) per share from continuing and discontinued operations	8.7	19.04
24	Debt equity ratio	0	0
25	Debt service coverage ratio	0	0
26	Interest service coverage ratio	0	0
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	365000000
	Capital work-in-progress	14533300000
	Investment property	13083500000
	Goodwill	0
	Other intangible assets	3100000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	24152200000
	Trade receivables, non-current	0
	Loans, non-current	4003900000
	Other non-current financial assets	1105900000
	Total non-current financial assets	29262000000
	Deferred tax assets (net)	384900000
	Other non-current assets	1083200000
	Total non-current assets	58715000000
2	Current assets
	Inventories	48865600000
	Current financial asset
	Current investments	62000000
	Trade receivables, current	3942000000
	Cash and cash equivalents	11093800000
	Bank balance other than cash and cash equivalents	7384300000
	Loans, current	2554300000
	Other current financial assets	3683100000
	Total current financial assets	28719500000
	Current tax assets (net)	0
	Other current assets	2612500000
	Total current assets	80197600000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	138912600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2443700000
	Other equity	58707100000
	Total equity attributable to owners of parent	61150800000
	Non controlling interest
	Total equity	61150800000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	14801500000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	417500000
	Total non-current financial liabilities	15219000000
	Provisions, non-current	0
	Deferred tax liabilities (net)	0
	Deferred government grants, Non-current	0
	Other non-current liabilities	15900000
	Total non-current liabilities	15234900000
	Current liabilities
	Current financial liabilities
	Borrowings, current	889000000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	917700000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	2875300000
	Total Trade payable	3793000000
	Other current financial liabilities	4416400000
	Total current financial liabilities	9098400000
	Other current liabilities	53297200000
	Provisions, current	131300000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	62526900000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	77761800000
	Total equity and liabilites	138912600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Real Estate	4991300000	16677500000
2	Leasing	1196500000	4491800000
3	Other income	0	0
4	Share of profits/ (losses) in a subsidiary partnership firm	0	0
	Total Segment Revenue	6187800000	21169300000
	Less: Inter segment revenue	0	0
	Revenue from operations	6187800000	21169300000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Real Estate	1191300000	2780500000
2	Leasing	853900000	3111400000
3	Other income	655600000	2629500000
4	Share of profits/ (losses) in a subsidiary partnership firm	-5200000	41800000
	Total Profit before tax	2695600000	8563200000
	i. Finance cost	204600000	204600000
	ii. Other Unallocable Expenditure net off Unallocable income	797100000	797100000
	Profit before tax	1693900000	4924200000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Real Estate	65133200000	65133200000
2	Leasing	28426900000	28426900000
3	Other income	0	0
4	Share of profits/ (losses) in a subsidiary partnership firm	0	0
	Total Segment Asset	93560100000	93560100000
	Un-allocable Assets	45352500000	45352500000
	Net Segment Asset	138912600000	138912600000
4	Segment Liabilities
	Segment Liabilities
1	Real Estate	57156400000	57156400000
2	Leasing	3361400000	3361400000
3	Other income	0	0
4	Share of profits/ (losses) in a subsidiary partnership firm	0	0
	Total Segment Liabilities	60517800000	60517800000
	Un-allocable Liabilities	17244000000	17244000000
	Net Segment Liabilities	77761800000	77761800000
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
	Total Amount of items that will not be reclassified to profit and loss
2	Income tax relating to items that will not be reclassified to profit or loss	27400000	27400000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	-27400000	-27400000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4924200000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1296400000
	Adjustments for decrease (increase) in inventories			-10492000000
	Adjustments for decrease (increase) in trade receivables, current			-1689900000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			-1210900000
	Adjustments for decrease (increase) in other non-current assets			226800000
	Adjustments for other financial assets, non-current			2904700000
	Adjustments for other financial assets, current			-3070900000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			365200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			13281800000
	Adjustments for increase (decrease) in other non-current liabilities			-27700000
	Adjustments for depreciation and amortisation expense			797800000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			67500000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			293400000
	Adjustments for other financial liabilities, non-current			-125200000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			334000000
	Adjustments for interest income			2134400000
	Adjustments for share-based payments			67100000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			-32600000
	Other adjustments for non-cash items			124200000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			-41800000
	Total adjustments for reconcile profit (loss)			265500000
	Net cash flows from (used in) operations			5189700000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			1866800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			3322900000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			245400000
	Other cash payments to acquire equity or debt instruments of other entities			1893000000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			3796600000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			334000000
	Interest received			1168200000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-191300000
	Net cash flows from (used in) investing activities	-4133300000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			14800200000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			2773500000
	Repayments of borrowings			4543600000
	Payments of lease liabilities			16200000
	Dividends paid			462500000
	Interest paid			1587300000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			10964100000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			10153700000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			10153700000
	Cash and cash equivalents cash flow statement at beginning of period			940100000
	Cash and cash equivalents cash flow statement at end of period			11093800000

Signatory Details
Name of signatory	P. Om Prakash
Designation of person	Company Secretary and Compliance Officer
Place	Bangalore
Date	14-May-2025