Real Estate Developer in South India Launches Rs 1000 Crore “Brigade Avalon” Project in Bengaluru, Reports 69% PAT Growth in FY25

Brigade Avalon spans across 4.36 acres of land and boasts a development area of approximately 6.4 lakh square feet. The project is designed to feature 206 meticulously crafted homes, aiming to redefine upscale urban living. The projected revenue potential from Brigade Avalon is estimated to be over Rs 1000 crore.

The homes within Brigade Avalon are thoughtfully designed to blend architectural grandeur with everyday practicality. They offer spacious 3 BHK configurations that include a study and a powder room, as well as expansive 4 BHK residences. The facade of the project presents a bold architectural identity, complementing residences that feature expansive private decks and interiors filled with natural light. Additionally, the project incorporates flexible home-office spaces to cater to modern hybrid lifestyles. A key highlight of Brigade Avalon is its grand clubhouse, which is meticulously designed with premium amenities for all age groups.

Pavitra Shankar, Managing Director, Brigade Enterprises Limited, stated that the launch of Brigade Avalon is a significant step in their strategic growth roadmap for Bengaluru. She emphasised that Whitefield is a high-priority micro-market for the company, and with Avalon, they aim to introduce a community that elevates the residential experience through thoughtful design, premium amenities, and long-term value creation. Shankar also noted that this project aligns with Brigade Group's premiumisation strategy across design, marketing, sustainability, and site experience. Situated in one of Bengaluru's most sought-after localities, Brigade Avalon provides seamless access to corporate hubs, malls, schools, hospitals, and vibrant retail zones.

In its Q4 FY25 results, the company posted a sales volume of 2.03 million square feet, translating to Rs 2,448 crore in sales value—a 9 per cent increase compared to Q4 FY24. Quarterly collections rose to Rs 1,929 crore, up from Rs 1,838 crore a year ago. The leasing segment saw a 34 per cent jump in revenue for Q4, touching Rs 331 crore, up from Rs 247 crore in the same quarter last year.

For the full fiscal year, Brigade’s leasing vertical revenue rose 24 per cent year-on-year to Rs 1,165 crore, while retail consumption registered a 4 per cent growth. The consolidated revenue for FY25 stood at Rs 5,314 crore, reflecting a 5 per cent annual growth. The company reported an EBITDA of Rs 1,654 crore, up 21 per cent, with an EBITDA margin of 31 per cent. Profit After Tax (PAT) surged by 69 per cent to Rs 680 crore compared to the previous year.

In Q4 alone, Brigade posted Rs 1,532 crore in revenue, Rs 488 crore in EBITDA (32 per cent margin), and Rs 249 crore in PAT, rising from Rs 211 crore in Q4 FY24.

Commenting on the performance, the company’s Managing Director stated that FY25 was a landmark year for Brigade Group, supported by robust demand across business segments. With a development pipeline of 26 million square feet in progress and 15 million square feet in the pipeline, the company aims to maintain its growth momentum. As of March 31, 2025, Brigade has delivered over 100 million square feet of built-up space since its inception.

The Board of Directors has recommended a final dividend of Rs 2.5 per equity share for FY25. The record date for the dividend is yet to be announced.

Brigade Enterprises Ltd. operates across multiple industries primarily through its real estate segment, which is its largest revenue driver, generating Rs 348,225 lakh. This segment focuses on residential, commercial, and mixed-use developments, offering premium apartments, office spaces, and integrated townships with world-class amenities in major South Indian cities. Their leasing services contribute Rs 75,933 lakh in revenue, providing premium office spaces, retail complexes, and business parks, ensuring steady rental income. The hospitality division, earning Rs 45,152 lakh, includes luxury hotels, serviced apartments, and resorts, partnering with brands like Marriott, Accor, and InterContinental Hotels Group. Additionally, the company provides maintenance services, generating Rs 15,160 lakh, for residential, commercial, and hospitality properties. Brigade Group is also expanding into industrial parks, co-working spaces, and plotted developments, diversifying its approach to mitigate risks and unlock new revenue streams.

Disclaimer: The article is for informational purposes only and not investment advice.