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Bagmane Prime Office REIT

Q2 FY27Realty

Bagmane Prime Office REIT Q2 Results 2026 (FY27): Guides 10–20% Revenue Growth, Steady Margins

Q2 FY27 earnings call: what management said on revenue, margins and capex.

Bagmane Prime Office REIT Q2 FY27 key numbers

Revenue
New developments totaling 2 million sq ft planned, with construction starting in the March quarter; buildings expected to complete in 24-27 months.

As stated in Bagmane Prime Office REIT's Q2 FY27 earnings call transcript · published 7 Nov 2026. Reported figures, not investment advice.

Price₹106
Market cap₹36.2K Cr

The short version

Committed occupancy is at 99%, consistently high for five years, indicating limited immediate volume growth from existing assets. Growth Drivers: Future growth expected from contractual escalations, mark-to-market (MTM) on renewals/re-leasing, and new income from under-construction portfolio.

From Bagmane Prime Office REIT's Q2 FY27 earnings-call transcript · updated 7 Nov 2026.

How did Bagmane Prime Office REIT's revenue grow in the September 2026 quarter?

Moderate growth
  • Committed occupancy is at 99%, consistently high for five years, indicating limited immediate volume growth from existing assets.
  • Future growth primarily driven by value growth via lease renewals, mark-to-market (MTM) rental increases, and new income from under-construction spaces.
  • 26% of gross contracted rentals expire by FY30, presenting significant MTM upside potential (18% MTM potential in-place rents).
  • New developments totaling 2 million sq ft planned, with construction starting in the March quarter; buildings expected to complete in 24-27 months.
  • Leasing activity strong with 1.2 million sq ft leased this quarter, mostly to GCCs at rents above market.

2 more points from Bagmane Prime Office REIT's call on revenue

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What happened to Bagmane Prime Office REIT's margins in Q2 FY27?

See what Bagmane Prime Office REIT said on profitability & margins — free account, 30 seconds.

What capex is Bagmane Prime Office REIT planning?

Capex planned
  • Current Development: Two new buildings at Cosmos Business Park totaling 1 million sq ft; 60% pre-leased.
  • Completion Timelines: Ceres building to complete in Q3 FY27, Aurora in Q4 FY27.
  • Future Development Potential: Additional 2 million sq ft across three buildings in Cosmos and Bagmane Tech Park.
  • Construction Start: One building expected to begin construction in March quarter; subsequent new buildings launched every 6-9 months.
  • Completion Time: Each building expected to complete within 24-27 months after start.
  • Hotels Development: Two hotel projects on Outer Ring Road with 607 keys and convention facility under construction.
  • Solar Projects: Finalizing commissioning of fourth solar farm at Chitradurga (72.5 MW DC), increasing total renewable energy supply to 164.4 MW DC.

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Top-ranked in Realty

Ranked on what management guided this quarter

Guidance-ranked
1Sri Lotus
Rev 1Mar 3
2Sobha
Rev 2Mar 1
3
Rev 2Mar 1
4
Rev 2Mar 1
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Is Bagmane Prime Office REIT raising money or cutting debt?

See what Bagmane Prime Office REIT said on fundraising & capital structure — free account, 30 seconds.

How big is Bagmane Prime Office REIT's order book?

  • Bagmane Prime Office REIT currently has a Right of First Offer (ROFO) pipeline of over 47 million square feet across Bengaluru, Chennai, and Delhi, the largest among listed office REITs in India.
  • Development under way includes two new buildings at Cosmos Business Park totaling 1 million square feet, with 60% pre-leased.
  • Future development potential within existing parks is about 2 million square feet spread across three buildings.
  • Construction will commence on one of these three buildings in the March quarter, with additional buildings launched every 6 to 9 months thereafter.

2 more points from Bagmane Prime Office REIT's call on order book

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What the Q2 FY27 call signalled

2 of 4 strong

RevenueModerate growth
MarginMargins steady
CapexCapex planned
FundraiseFundraise planned

Bagmane Prime Office REIT — Quarterly revenue & net profit

Revenue Net profit
Jun 2025Q1 FY26
Mar 2026Q4 FY26
Jun 2026Q1 FY27

Q2 FY27 figures are not in this chart yet. Latest shown: Jun 2026 (Q1 FY27). The Q2 FY27 numbers from the filing are in the analysis on this page.

Reported quarterly figures (₹ Cr). Latest (Q1 FY27): revenue ₹437 Cr, net profit ₹59 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Bagmane Prime REIT's management said in earlier quarters

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🔎 Who's planning the most growth?

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Frequently Asked Questions

What were Bagmane Prime Office REIT Q2 FY27 results?

Committed occupancy is at 99%, consistently high for five years, indicating limited immediate volume growth from existing assets. Growth Drivers: Future growth expected from contractual escalations, mark-to-market (MTM) on renewals/re-leasing, and new income from under-construction portfolio.

What is Bagmane Prime Office REIT share price analysis?

Bagmane Prime Office REIT currently shows a below-average growth signal. The stock trades at a P/E of N/A with a market cap of ₹36,173 Cr. Investors should review the full earnings analysis for detailed insights.

Is Bagmane Prime Office REIT planning capital expenditure?

Current Development: Two new buildings at Cosmos Business Park totaling 1 million sq ft; 60% pre-leased.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.