Motilal Oswal Bullish on Brigade Enterprises: 52% Upside Potential, 'Buy' Rating

• Motilal Oswal reiterated 'Buy' rating for Brigade Enterprises, setting a target price of Rs 1338, implying a 52% upside.
• Company recorded 30% CAGR pre-sales growth (FY21-25), with 19% expected (FY25-28) from strong pipeline in Hyderabad and Chennai.
• Collections are projected to reach Rs 123 billion by FY28, generating Rs 151 billion in operating cash flow.
• Rental income is set for 7% CAGR growth (FY25-28), and hospitality portfolio to expand to 3,300 rooms by FY30.
• Despite a 21% share price drop in 6 months, Motilal Oswal sees strong long-term growth potential for Brigade Enterprises.

Why It Matters: Motilal Oswal predicts significant growth for Brigade Enterprises, recommending a 'Buy' with 52% upside.