Synopsis:
Brigade Enterprises acquired a 20.19-acre land parcel in Bengaluru’s Whitefield-Hoskote corridor for Rs. 588.33 crore, planning a Rs. 5,200 crore mixed use project. The company posted strong profit growth and improved cash flows. Its hospitality arm also announced an IPO to fund further growth initiatives.
One of India’s leading real estate developers grabbed investor attention today after announcing a large land acquisition in Bengaluru. The company has acquired a strategic land parcel in the Whitefield-Hoskote corridor, reinforcing its expansion plans in the city’s high-growth zones.
The company in focus is Brigade Enterprises Limited, with a market capitalization of Rs. 26,669 crore. The stock opened at Rs. 1,119.80, compared to its previous close of Rs. 1,101.60, and touched an intraday high of Rs. 1,128.80. This marks a gain of approximately 2.47 percent from the previous close.
What’s the News?
Brigade Group, through its subsidiary Ananthay Properties Private Limited, has acquired a 20.19-acre land parcel in the Whitefield–Hoskote corridor of Bengaluru for Rs. 588.33 crore. This area is known for its growing connectivity to IT hubs, industrial zones, and upcoming infrastructure projects, making it a promising site for development.
The company plans to develop a mixed-use project on this land with an estimated Gross Development Value (GDV) of Rs. 5,200 crore. The project will have a total development potential of 4.2 million square feet and will feature residential, commercial, and retail spaces. The company believes this development will become a landmark in East Bengaluru’s urban landscape.
Comments from the Management
Commenting on the acquisition, Pavitra Shankar, Managing Director of Brigade Enterprises Limited, said, “This acquisition aligns with our vision to develop landmark destinations that integrate living, working, and leisure. The Whitefield–Hoskote belt is poised for exponential growth, and we’re excited to contribute meaningfully to its transformation.”
According to the management, the acquisition strengthens Brigade Group’s presence in Bengaluru and underscores the company’s commitment to creating integrated urban ecosystems that meet the evolving needs of modern India.
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Financial Snapshot
Brigade Enterprises has demonstrated consistent financial performance. The company’s sales increased by 3.6 percent, from Rs. 4,897 crore in March 2024 to Rs. 5,074 crore in March 2025. Operating profit rose by 17.6 percent from Rs. 1,202 crore in March 2024 to Rs. 1,414 crore in March 2025. Profit before tax grew by 52.7 percent from Rs. 569 crore in March 2024 to Rs. 869 crore in March 2025, while net profit surged by 69.6 percent from Rs. 401 crore to Rs. 680 crore during the same period. The company has delivered a compounded profit growth of 114 percent over the last three years.
On the balance sheet front, total assets increased by 23.7 percent from Rs. 17,860 crore in March 2024 to Rs. 22,090 crore in March 2025. Net cash flow witnessed a substantial jump from Rs. 195 crore to Rs. 1,265 crore during the same period, reflecting improved liquidity and operational efficiency.
Brigade Enterprises maintains a Return on Capital Employed (ROCE) of 13.4 percent and Return on Equity (ROE) of 14.6 percent. The company has a debt-to-equity ratio of 0.97 and a Return on Assets (ROA) of 3.41 percent. The stock currently trades at a P/E ratio of 39.5, with an earnings per share (EPS) of Rs. 28.06. The dividend payout ratio stands at 8.91 percent.
Additional Information
In a related development, Brigade Hotel Ventures, the hospitality subsidiary of Brigade Enterprises, has announced the launch of its IPO with a price band of Rs. 85 to Rs. 90 per share. The issue size is Rs. 759.60 crore and is entirely a fresh issue, ensuring that the entire proceeds will fund the company’s growth initiatives.
About Brigade Group
Established in 1986, Brigade Group is one of India’s leading property developers with nearly four decades of expertise. The company has transformed skylines across cities like Bengaluru, Chennai, Hyderabad, Mysuru, Kochi, Thiruvananthapuram, and GIFT City, Ahmedabad. Its diversified portfolio spans residential, office, retail, hospitality, and education sectors, reflecting its comprehensive approach to urban development.
Written by -Manan Gangwar
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