Synopsis: Brigade Enterprises fixed June 17, 2026, as the record date for its 1:3 bonus issue, rewarding shareholders with one additional share for every three held.
This Small-Cap Realty Stock, engaged in developing residential, commercial, retail, hospitality, and mixed-use real estate projects across major cities in South India, jumped 1.79 percent after the company’s board fixed a record date for a 1:3 bonus issue.
With a market capitalization of Rs. 15,771.99 crores, the share of Brigade Enterprises Limited has reached an intraday high of Rs. 654.70 per equity share, rising nearly 1.79 percent from its previous day’s close price of Rs. 643.20. Since then, the stock has retreated and is currently trading at Rs. 644.75 per equity share.
Reason Behind the Surge
Brigade Enterprises Limited’s Board of Directors has fixed Wednesday, June 17, 2026, as the Record Date for determining the eligibility of shareholders for the allotment of 1:3 Bonus Equity Shares. The deemed date of allotment of the bonus equity shares shall be the next working day after the record date, i.e. Thursday, June 18, 2026.
The board has decided to issue bonus shares at a ratio of 1:3, meaning that shareholders will receive one new fully paid-up equity share of Rs. 10 each for every three existing fully paid-up equity shares they hold.
For example, if a shareholder owns 10,000 shares of Brigade Enterprises Limited, they will receive 3,333 bonus shares under the 1:3 bonus issue, bringing their total holding to 13,333 shares after the bonus issue.
Expanding Land Holdings
Brigade Enterprises Limited has built a strong land bank of around 568 acres across major cities such as Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, and Thiruvananthapuram as of December 31, 2026. Bengaluru remains the company’s largest market, accounting for nearly 345 acres of the total land holdings, reflecting its strategic focus on the city.
The company continues to acquire and develop land to support its future residential, commercial, and mixed-use projects. A significant portion of the land acquisition cost has already been paid, while the remaining commitments are expected to be utilized for upcoming developments, ensuring a healthy pipeline of projects for long-term growth.
Domestic Presence
Brigade Enterprises Limited is one of India’s leading real estate developers, engaged in developing residential, commercial, retail, and hospitality projects across major South Indian cities. The company has delivered over 300 buildings covering more than 100 million square feet and continues to expand its presence through ongoing and upcoming developments. It also holds licenses for World Trade Centers in South India, strengthening its position as a prominent listed real estate company.
Company Overview
Brigade Enterprises Limited is a leading real estate developer based in Bengaluru, Karnataka. Founded in 1995, the company is part of the Brigade Group and has a strong presence across residential, commercial, retail, hospitality, and education segments. Over the years, it has established itself as one of South India’s prominent property developers with a diversified portfolio of projects.
Recent Quarter Results
Coming into financial highlights, Brigade Enterprises Limited’s revenue has decreased from Rs. 1,460 crore in Q4 FY25 to Rs. 1,458 crore in Q4 FY26, which is a drop of 0.13 percent. The net profit has also decreased by 23.29 percent from Rs. 249 crore in Q4 FY25 to Rs. 191 crore in Q4 FY26. Brigade Enterprises Limited’s revenue and net profit have grown at a CAGR of 24 percent and 89 percent, respectively, over the last five years.
In terms of return ratios, the company’s ROCE and ROE stand at 10.5 percent and 10.4 percent, respectively. Brigade Enterprises Limited has an earnings per share (EPS) of Rs. 26.4, and its debt-to-equity ratio is 0.93x.
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