BSEOthers1h ago · 22 Jul 2026, 05:20 pm
Pursuant to Regulation 34(1) of SEBI LODR, 2015, we are enclosing herewith Annual Report of B-Right Realestate Limited for the Financial Year 2025-26.
B-Right Realestate Ltd · 543543
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B-Right Realestate Ltd has released its Annual Report for FY 2025-26, highlighting a transformative year with strong growth, resilience, and operational excellence. The company achieved notable growth, strengthened its market position, and laid a solid foundation for future expansion. The report showcases robust financial results, with revenue growing by 62% to ₹169.9 crore and net profit surging to ₹35.1 crore.
Analysis Scores
Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact9/10
Market Sentiment8/10
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B-Right Realestate Ltd - 543543 - Reg. 34 (1) Annual Report.
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B-RIGHT REALESTATE LIMITED
CIN: L70100MH2007PLC282631
July 22, 2026
The Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai - 400 001
Dear Sir/Madam,
Scrip Code-543543
Sub: Notice of the 19th Annual General Meeting (19th AGM) and Annual Report for
Financial Year (FY) 2025- 26 of B-Right Realestate Limited (“The Company”).
Dear Sir/ Madam,
This is to inform that pursuant to Regulation 34(1) of SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 amended from time to time, please find attached herewith a copy
of Annual Report for the Financial Year 2025-26 along with the Notice of the 19th AGM, which
has been sent through electronic mode to the Members of the Company.
It is also available at the website of the Company at https://b-rightgroup.com/annual-reports.html.
Kindly take the above information on your record.
Thankyou,
Yours faithfully,
For B-Right Realestate Limited,
CS Bhagyashree Mehadia
Company Secretary & Compliance Officer
ACS: 77087
Place: Mumbai
Annual Report
2025-26
B-Right RealEstate Limited
CIN: L70100MH2007PLC282631
CONTENTS
1. Corporate Overview
Message from Chairman and Managing Director 03
Corporate Information 08
Board of Directors 09
Three icons in making 11
Our Portfolio 12
Projects under Development 13
B-Right Group Structure 14
Business and Operating models 15
Key Performance Indicators 16
Financial and Operational Highlights 17
Resources utilized and outputs 18
Corporate Social Responsibility Initiatives 21
Our Presence 22
2. Statutory Reports
Annual General Meeting Notice 23
Director’s Report 62
Large Corporates (LC) 99
3. Financial Statements
Standalone Independent Audit Report 102
Standalone Financial Statements 114
Consolidated Independent Audit Report 136
Consolidated Financial Statements 145
Forward-looking statement
This document contains forward-looking statements relating to the expected future
performance, business outlook, and inancial and operational results of B-Right Realestate
Limited. These statements are based on current assumptions and expectations and are subject
to various risks and uncertainties that may cause actual results to differ materially from those
expressed or implied. Readers are cautioned not to place undue reliance on such statements
and should refer to the "Management Discussion and Analysis" section of the Annual Report
2025-26 for details of the key assumptions, risks, and uncertainties.
Annual Report 2025-2026 2 https://b-rightgroup.com
B-Right RealEstate Limited
CIN: L70100MH2007PLC282631
Chairman and
Managing Director’s
Message
Dear Stakeholders,
It is with immense pride and gratitude that I
present the Annual Report of B-Right
RealEstate Limited (BRRL) for the finan-
cial year ended March 31, 2026, marking our
Sanjay Nathalal Shah 19th Annual Report since the Company's
Chairman and Managing Director inception.
B-Right RealEstate Limited
The financial year 2025-26 was a
transformative and eventful year for
the Company, characterized by
challenges, perseverance, and
significant achievements.
During the year, BRRL demonstrated a
strong and progressive growth trajectory,
underpinned by its resilient business model
and unwavering commitment to operational
excellence. We achieved notable growth,
strengthened our market position, and laid a
solid foundation for future expansion.
Annual Report 2025-2026 3 https://b-rightgroup.com
B-Right RealEstate Limited
CIN: L70100MH2007PLC282631
As we enter the financial year 2026-27, we ing financial performance. Our highest-ever
do so with optimism and renewed confi- pre-sales of ₹286.4 crore, representing a
dence. Our strategic expansion into the real 54% year-on-year growth, underscore the
estate and construction sectors marks a strength of our business model and the trust
significant milestone in the Company's our customers place in us. We have sold
journey, opening new avenues for growth, 624 units which is approximately 3.94 lakh
diversification, and long-term value cre- sq. ft. of area, bringing the aspirations of
ation. We remain committed to pursuing hundreds of families to life.
opportunities that enhance our capabilities,
We further strengthened our growth
strengthen our competitive position, and
platform by adding 8 new projects with a
deliver sustainable returns to our stake-
combined Gross Development Value (GDV)
holders.
of Rs. 1055 Crore, enhancing both our
geographic presence and future revenue
Our Vision is: visibility.
Reimagining Mumbai through thoughtful
redevelopment and enduring value.
This operational success translated
into robust financial results. Revenue
for FY26 grew by 62% to ₹169.9
Our Mission is:
crore, while net profit surged to ₹35.1
Delivering exceptional residential communi- crore.
ties through trust, design excellence, disci-
plined execution and uncompromising
Our profitability continued to improve, with
luxury.
adjusted EBITDA margins reaching 36.6%,
Our commitment to robust governance and
reflecting e cient execution, prudent cost
construction practices are propelling us
management, and our commitment to
towards a future, characterised by enriched
delivering sustainable value to stake-
experiences and unparalleled homes and
holders.
spaces.
These achievements provide a strong
foundation for the next phase of our growth
A Year of Delivering Consistently
journey and reinforce our confidence in the
Company's long-term prospects.
I am delighted to share that FY 2025-26 was
a landmark year for the Company, marked by
strong business momentum and outstand-
Annual Report 2025-2026 4 https://b-rightgroup.com
B-Right RealEstate Limited
CIN: L70100MH2007PLC282631
Promising outlook for the Indian able incomes, and sustained demand for
quality residential spaces. As one of India's
real estate sector
largest and most dynamic real estate mar-
India’s real estate sector is gaining robust kets, MMR remains an attractive destination
traction, driven by a growing urban popula- for both redevelopment and greenfield
tion, rising disposable incomes, and a shift in development projects.
consumer preference towards high quality,
The region o ers a substantial pipeline of
lifestyle-oriented homes. The luxury and
redevelopment opportunities, particularly in
ultra luxury segments are witnessing partic-
established residential pockets where aging
ularly strong momentum, marked by rising
and underutilized properties are being
absorption rates and premium pricing.
transformed into modern, sustainable
developments. Furthermore, increasing
India is poised to lead the global customer preference for organized and
economy as the fastest-growing credible developers has created a favour-
large nation for the next two fiscal able environment for companies with proven
years, with the World Bank’s January execution capabilities, strong stakeholder
2025 Global Economic Prospects relationships, and an established track
(GEP) report forecasting a steady record.
6.7% growth in FY26 and FY27.
Leveraging our deep understanding
of local market dynamics, strong
According to Knight Frank Research, the
execution capabilities, and expand-
sector is expected to grow to US$ 1.02 trillion
ing project portfolio, we are well-
by 2030, contributing 7.3% to the total
positioned to capitalize on these
economic output, driven by favorable mar-
opportunities.
ket conditions, shifting consumer senti-
ments, and innovative strategies.
We remain focused on identifying value-
accretive projects, strengthening our pres-
Opportunities in our core markets
ence across high-potential micro-markets,
The real estate sector in the Mumbai and delivering quality developments that
Metropolitan Region (MMR) continues to cater to the evolving aspirations of home-
present significant growth opportunities, buyers while creating long-term and sustain-
supported by rapid urbanization, robust able value for all stakeholders.
infrastructure development, rising dispos-
Annual Report 2025-2026 5 https://b-rightgroup.com
B-Right RealEstate Limited
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