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Brigade Enterprises Ltd rose 0.85% today to trade at Rs 1100. The BSE Realty index is up 0.53% to quote at 7584.97. The index is down 6 % over last one month. Among the other constituents of the index, Macrotech Developers Ltd increased 0.63% and Phoenix Mills Ltd added 0.62% on the day. The BSE Realty index went down 12.77 % over last one year compared to the 4.29% surge in benchmark SENSEX.
Brigade Enterprises Ltd has lost 13.9% over last one month compared to 6% fall in BSE Realty index and 1.46% rise in the SENSEX. On the BSE, 203 shares were traded in the counter so far compared with average daily volumes of 11538 shares in the past one month. The stock hit a record high of Rs 1450 on 27 Sep 2024. The stock hit a 52-week low of Rs 812.85 on 07 Apr 2025.
Collections in Q1 FY26 stood at Rs 2,880 crore, a 7% rise from Rs 2,690 crore in the same period last year. These collections were in line with the company’s business plan, and management expects significantly higher inflows in the second half (H2) compared to the first half (H1).
During the quarter, the company added five new projects across the Mumbai Metropolitan Region (MMR), Pune, and Bengaluru, with a gross development value (GDV) of Rs 22,700 crore. This represents over 90% of its full-year guidance of Rs 25,000 crore, underscoring a strong project pipeline.
Despite significant investments in business development, Macrotech Developers' net debt stood at Rs 5,080 crore—well below its internal ceiling of 0.5x net debt-to-equity.
Macrotech Developers (Lodha Group) is among the largest real estate developers in India that has delivered with scale since the 1980s. The core business of Lodha Group is residential real estate development with a focus on affordable and mid-income housing.
The company reported a 38.49% jump in consolidated net profit to Rs 921.7 crore in Q4 FY25 as against Rs 665.5 crore posted in Q4 FY24. Revenue from operations rose 5.12% YoY to Rs 4,224.3 crore in the quarter ended 31 March 2025.
The scrip shed 0.11% to Rs 1,376 on the BSE.