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	Consolidated
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

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	Consolidated	Consolidated
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	14603900000	50742100000
	Other income	719000000	2393300000
	Total income	15322900000	53135400000
2	Expenses
(a)	Cost of materials consumed	1576000000	5044400000
(b)	Purchases of stock-in-trade	0	0
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	-12170200000	-13480400000
(d)	Employee benefit expense	1101700000	4047300000
(e)	Finance costs	1066000000	4954900000
(f)	Depreciation, depletion and amortisation expense	756300000	2887800000
(f)	Other Expenses
1	Sub contractor costs	4470700000	15336800000
2	Land purchase cost including development rights	12792000000	16267200000
3	License fees and plan approval charges	418000000	1476500000
4	Architect and consultancy fees	123000000	536400000
5	Other expenses	2132900000	7371800000
	Total other expenses	19936600000	40988700000
	Total expenses	12266400000	44442700000
3	Total profit before exceptional items and tax	3056500000	8692700000
4	Exceptional items	0	0
5	Total profit before tax	3056500000	8692700000
6	Tax expense
7	Current tax	901700000	3029200000
8	Deferred tax	-338700000	-1141200000
9	Total tax expenses	563000000	1888000000
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	2493500000	6804700000
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	2493500000	6804700000
17	Other comprehensive income net of taxes	-42900000	-42900000
18	Total Comprehensive Income for the period	2450600000	6761800000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	2468200000	6857600000
	Total profit or loss, attributable to non-controlling interests	25200000	25200000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	2425700000	6815100000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	24800000	-53300000
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		53940800000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	10.35	28.74
	Diluted earnings (loss) per share from continuing operations	10.32	28.68
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	10.35	28.74
	Diluted earnings (loss) per share from continuing and discontinued operations	10.32	28.68
24	Debt equity ratio
25	Debt service coverage ratio
26	Interest service coverage ratio
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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	9923300000
	Capital work-in-progress	19285900000
	Investment property	40810200000
	Goodwill	203400000
	Other intangible assets	150500000
	Intangible assets under development
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	23000000
	Non-current financial assets
	Non-current investments	41100000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	2874200000
	Total non-current financial assets	2915300000
	Deferred tax assets (net)	4589800000
	Other non-current assets	5174900000
	Total non-current assets	83076300000
2	Current assets
	Inventories	88688100000
	Current financial asset
	Current investments	366100000
	Trade receivables, current	6291200000
	Cash and cash equivalents	18699600000
	Bank balance other than cash and cash equivalents	13910400000
	Loans, current	24000000
	Other current financial assets	4722600000
	Total current financial assets	44013900000
	Current tax assets (net)	0
	Other current assets	5122100000
	Total current assets	137824100000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	220900400000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2443700000
	Other equity	53940800000
	Total equity attributable to owners of parent	56384500000
	Non controlling interest	2768900000
	Total equity	59153400000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	43613500000
	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	3157700000
	Total non-current financial liabilities	46771200000
	Provisions, non-current	28300000
	Deferred tax liabilities (net)	142400000
	Deferred government grants, Non-current	0
	Other non-current liabilities	720300000
	Total non-current liabilities	47662200000
	Current liabilities
	Current financial liabilities
	Borrowings, current	9131100000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	1502500000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	6355200000
	Total Trade payable	7857700000
	Other current financial liabilities	8928600000
	Total current financial liabilities	25917400000
	Other current liabilities	87789600000
	Provisions, current	306200000
	Current tax liabilities (Net)	71600000
	Deferred government grants, Current	0
	Total current liabilities	114084800000
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	161747000000
	Total equity and liabilites	220900400000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Real Estate	9767200000	34026300000
2	Hospitality	1532800000	5387700000
3	Leasing	3460800000	11805700000
4	Other income	0	0
	Total Segment Revenue	14760800000	51219700000
	Less: Inter segment revenue	156900000	156900000
	Revenue from operations	14603900000	50742100000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Real Estate	2312800000	6500300000
2	Hospitality	358600000	1246200000
3	Leasing	1463200000	5829400000
4	Other income	719000000	2393300000
	Total Profit before tax	4853600000	15969200000
	i. Finance cost	1066000000	1066000000
	ii. Other Unallocable Expenditure net off Unallocable income	731200000	731200000
	Profit before tax	3056400000	8692700000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Real Estate	119997300000	119997300000
2	Hospitality	11011100000	11011100000
3	Leasing	60563600000	60563600000
4	Other income	0	0
	Total Segment Asset	191572000000	191572000000
	Un-allocable Assets	29328400000	29328400000
	Net Segment Asset	220900400000	220900400000
4	Segment Liabilities
	Segment Liabilities
1	Real Estate	95607500000	95607500000
2	Hospitality	2520000000	2520000000
3	Leasing	8293100000	8293100000
4	Other income	0	0
	Total Segment Liabilities	106420600000	106420600000
	Un-allocable Liabilities	55326400000	55326400000
	Net Segment Liabilities	161747000000	161747000000
	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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Re-measurement (losses) / gains on defined benefit plans	-54800000	-54800000
	Total Amount of items that will not be reclassified to profit and loss	-54800000	-54800000
2	Income tax relating to items that will not be reclassified to profit or loss	-11900000	-11900000
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	0	0
5	Total Other comprehensive income	-42900000	-42900000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			8692700000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			4954900000
	Adjustments for decrease (increase) in inventories			-13574400000
	Adjustments for decrease (increase) in trade receivables, current			-1324300000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			315800000
	Adjustments for decrease (increase) in other non-current assets			-1052300000
	Adjustments for other financial assets, non-current			-5378400000
	Adjustments for other financial assets, current			4343400000
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			292200000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			13798600000
	Adjustments for increase (decrease) in other non-current liabilities			-42100000
	Adjustments for depreciation and amortisation expense			2887800000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			97000000
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			1290200000
	Adjustments for other financial liabilities, non-current			-336500000
	Adjustments for unrealised foreign exchange losses gains			0
	Adjustments for dividend income			0
	Adjustments for interest income			1948200000
	Adjustments for share-based payments			83900000
	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			10200000
	Other adjustments to reconcile profit (loss)			-128500000
	Other adjustments for non-cash items			166400000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			4455700000
	Net cash flows from (used in) operations			13148400000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			3195300000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9953100000
	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			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			64500000
	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			19800000
	Purchase of property, plant and equipment			0
	Proceeds from sales of investment property			0
	Purchase of investment property			6393800000
	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			0
	Interest received			1606100000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-1066600000
	Net cash flows from (used in) investing activities	-5899000000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			23000000
	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			8783600000
	Repayments of borrowings			9704600000
	Payments of lease liabilities			36900000
	Dividends paid			462500000
	Interest paid			4671500000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-134700000
	Net cash flows from (used in) financing activities			8596600000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			12650700000
	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			12650700000
	Cash and cash equivalents cash flow statement at beginning of period			5702300000
	Cash and cash equivalents cash flow statement at end of period			18353000000