1:3 Bonus Issue and Dividend Announced: Bengaluru-Based Realty Stock in Focus on May 7

1:3 Bonus Issue and Dividend Announced: Bengaluru-Based Realty Stock in Focus on May 7

Along with the dividend, the board also recommended a bonus issue in the ratio of 1:3, which means shareholders will receive one fully paid-up equity share of Rs 10 each for every three fully paid-up equity shares held as on the record date.

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Brigade Enterprises Limited announced its audited financial results for the quarter and year ended March 31, 2026, along with key shareholder rewards in the form of a final Dividend and a Bonus issue.

The company’s board recommended a final dividend of Rs 2 per equity share of face value Rs 10 each, translating into a dividend of 20 per cent. The dividend remains subject to shareholder approval at the ensuing Annual General Meeting and will be paid within 30 days from the date of approval. Along with the dividend, the board also recommended a bonus issue in the ratio of 1:3, which means shareholders will receive one fully paid-up equity share of Rs 10 each for every three fully paid-up equity shares held as on the record date. The record date for the bonus issue will be communicated separately by the company. But it would be credited within 2 months from the date of Board approval i.e. on or before July 05, 2026.

On a consolidated basis, Brigade Enterprises reported revenue from operations of Rs 5,697.22 crore for FY26, compared with Rs 5,074.21 crore in FY25, marking a growth of around 12.3 per cent. Total income for the year stood at Rs 5,909.01 crore as against Rs 5,313.54 crore in the previous financial year. The growth was supported by higher contribution from the company’s Real Estate, leasing and hospitality businesses.

For FY26, consolidated profit before Tax stood at Rs 903.88 crore, compared with Rs 869.27 crore in FY25. Consolidated profit after tax came in at Rs 724.76 crore as against Rs 680.47 crore in the previous year. However, profit attributable to the owners of the holding company declined to Rs 644.39 crore from Rs 685.76 crore in FY25. Basic earnings per share for the year stood at Rs 26.36, compared with Rs 28.74 in the previous year.

For the fourth quarter ended March 31, 2026, the company reported consolidated revenue from operations of Rs 1,457.60 crore, broadly stable compared with Rs 1,460.39 crore in the corresponding quarter of the previous year. Sequentially, revenue was lower than Rs 1,575.11 crore reported in the December quarter. Consolidated profit after tax for Q4FY26 stood at Rs 190.70 crore, compared with Rs 249.35 crore in Q4FY25 and Rs 205.83 crore in Q3FY26.

The company’s segment performance showed a mixed trend. Real estate remained the largest contributor, with FY26 segment revenue of Rs 3,969.85 crore against Rs 3,402.63 crore in FY25. Hospitality revenue rose to Rs 595.61 crore from Rs 538.77 crore, while leasing revenue increased to Rs 1,297.07 crore from Rs 1,180.57 crore. On the profitability front, the leasing segment delivered stronger growth, with segment results rising to Rs 730.54 crore from Rs 582.94 crore in FY25. Real estate segment results, however, declined to Rs 560.07 crore from Rs 650.03 crore, while hospitality segment results stood at Rs 127.70 crore against Rs 124.62 crore in the previous year.

The balance sheet also expanded during the year. Total consolidated assets stood at Rs 26,253.46 crore as of March 31, 2026, compared with Rs 22,090.04 crore as of March 31, 2025. Total equity increased to Rs 7,524.02 crore from Rs 5,915.34 crore. Inventories rose to Rs 11,400.89 crore from Rs 8,887.35 crore, reflecting the scale of the company’s project pipeline and development activity. Cash and cash equivalents stood at Rs 1,486.29 crore as of March 31, 2026.

The company also disclosed that the authorised share capital will be increased from Rs 250 crore to Rs 400 crore, divided into 40 crore equity shares of Rs 10 each. This change is subject to shareholder approval through postal ballot.

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