BRIGADE

- Brigade Enterprises Limited entered into an Investment Framework Agreement with International Finance Corporation (IFC) for middle-income housing projects. - Venusta Ventures Private Limited (wholly owned subsidiary) will issue unsecured, rated, redeemable, rupee-denominated non-convertible debentures to IFC. - IFC will hold customary lender rights, including the right to appoint a director in Venusta Ventures Private Limited.

Current scenario - Q2 FY27 consolidated revenue stood at INR 1,250 crores with EBITDA of INR 478 crores and EBITDA margin at 38% (up 1,200 bps YoY). - Consolidated PAT grew 29% YoY to INR 219 crores; PAT after minority interest stood at INR 194 crores. - Net residential sales were INR 1,827 crores across 1.32 million sq. ft., with average realization up 29% YoY to INR 13,841 per sq. ft. - Gross debt stood at INR 5,439 crores and net debt at INR 2,765 crores, with a comfortable net debt-to-equity ratio of 0.31. Changes in trends - Real estate segment EBITDA margin expanded significantly to 24% (vs 12% in Q2 FY26). - Collections for the quarter stood at INR 1,633 crores, impacted slightly by billing milestones realized late in September. Management Guidance & Outlook - Re-iterated full-year presales guidance of INR 9,000 crores, backed by planned launches of 7 million sq. ft. (GDV of INR 7,600 crores) in H2 FY27. - Net debt-to-equity ratio is projected to remain comfortably below 0.5x by the end of March. - Operating cash flow for the entire financial year is expected to exceed FY26 levels. Capex & Growth Drivers - Added 12.5 to 13 million sq. ft. of land parcels in H1 FY27 (close to INR 13,000 crores GDV), predominantly in Bangalore, Hyderabad, and Chennai. - Balance capital expenditure for under-construction commercial assets is estimated at INR 3,350 crores. - Rental income is targeted to scale up from 9.5 million sq. ft. to 12.5 million sq. ft. operational space by FY29, generating an estimated rental run-rate of INR 1,700 crores.

- Brigade Enterprises Limited informed the exchanges about the audio recording of the Q2 FY 2026-27 conference call held on October 30, 2026. - The recording has been made available on the company website for investors and analysts.

Brigade Enterprises released its Q2 & H1 FY27 Investor Presentation highlighting strong operational and financial updates. - Real Estate: Q2 FY27 pre-sales stood at ₹1,827 Cr across 1.3 Mn sq. ft. (up 72% QoQ in value and 78% QoQ in volume), with 2.4 Mn sq. ft. launched during the quarter. - Leasing: Leasing revenue reached ₹329 Cr with an EBITDA of ₹242 Cr (6% higher QoQ), while retail sales grew 16% YoY. - Hospitality: Revenue reached ₹161 Cr (up 12% QoQ) with an EBITDA of ₹59 Cr and ARR of ₹7,876. - Overall Revenue Mix: Real Estate ₹760 Cr, Leasing ₹329 Cr, and Hospitality ₹161 Cr.

Q2 FY27 Consolidated Revenue ₹1,250Cr vs ₹1,430Cr (▼13% YoY) EBITDA ₹478Cr vs ₹375Cr (▲27% YoY) PAT ₹219Cr vs ₹170Cr (▲29% YoY) EBITDA Margin 38.2% vs 26.2% (▲1202bps)

Q2 FY27 Consolidated Revenue ₹1,196Cr vs ₹1,383Cr (▼14% YoY) EBITDA ₹424Cr vs ₹328Cr (▲29% YoY) PAT ₹219Cr vs ₹170Cr (▲29% YoY) EBITDA Margin 35% vs 24% (▲1178bps)

- Brigade Enterprises has approved the allotment of 8,390 and 30,704 equity shares under its 2017 and 2022 ESOP schemes, increasing paid-up share capital to ₹3,26,29,83,770. - Approved the grant of 14,84,344 options under the new 'Brigade Employee Stock Option Plan 2026' at an exercise price of ₹525 per option.

- Brigade Enterprises Limited approved the allotment of 39,094 equity shares under its existing ESOP schemes. - Paid-up share capital increased from ₹3,26,25,92,830 to ₹3,26,29,83,770. - Approved the grant of 14,84,344 options under the new 'Brigade Employee Stock Option Plan 2026' at an exercise price of ₹525 per option.