BSEOthers1d ago · 23 Jul 2026, 07:01 pm

Pursuant to Regulation 34(1) of SEBI LODR, 2015, we are hereby enclosing herewith revised 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 submitted a revised Annual Report for FY 2025-26, correcting an inadvertent omission in the E-voting Instructions section. The company reported a 62% growth in revenue to ₹169.9 crore and a net profit of ₹35.1 crore, with adjusted EBITDA margins reaching 36.6%. The company has also added 8 new projects with a combined Gross Development Value (GDV) of Rs. 1055 Crore.

Analysis Scores

Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk2/10
Liquidity Impact8/10
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 23, 2026 The Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400 001 Dear Sir/Madam, Scrip Code-543543 Sub: Revise Annual Report for Financial Year (FY) 2025- 26 along with Notice of the 19th Annual General Meeting (19th AGM) of B-Right Realestate Limited (“The Company”). Dear Sir/ Madam, This is in furtherance to our submission dated July 22, 2026, whereby the Company had submitted its Annual Report for the Financial Year 2025–26 along with the Notice convening the 19th Annual General Meeting (“19th AGM”). We wish to inform you that certain inadvertent omissions were observed in the Notice of the 19th AGM forming part of the Annual Report for the Financial Year 2025–26, pertaining to the E-voting Instructions. Accordingly, the relevant disclosures under the Notes section on page 32 have been suitably incorporated in the revised Annual Report. We further confirm that, except for the aforesaid revision, all other contents of the Annual Report for the Financial Year 2025–26 remain unchanged. Accordingly, pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith the revised Annual Report for the Financial Year 2025–26 incorporating the aforesaid revision. 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 68 Large Corporates (LC) 105 3. Financial Statements Standalone Independent Audit Report 108 Standalone Financial Statements 120 Consolidated Independent Audit Report 142 Consolidated Financial Statements 151 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 ecient 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 oers 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- [Showing first 8,000 characters — download PDF for full document]