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Brigade Enterprises Gets Yes Securities' 'Buy' Rating As It Initiates Coverage; Sees 24% Upside
Coming four-quarters to be launch heavy for Brigade Enterprises, expect 20%+ pre-sales growth; hence Yes Securities assigns Buy call.
26 Aug 2025, 09:25 AM IST 
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Brigade Enterprises registered a soft start to FY26 wherein company’s sales area stood at 0.9 msft; a decline of 20%YoY . (Photo Source: Company’s Investor Presentation)
Brigade recorded Rs 3 billion revenue from annuity portfolio in Q1 FY26 and the brokerage expects similar quarterly run-rate to continue for coming fiscal. However, Brigade is in-process of building up ~2.55 msft incremental assets for annuity which will commercialize from FY27E.
