Brigade Enterprises Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2026 • Real estate: 80.8% • Lease Rentals: 19.2%
AI Sector View
AI GENERATEDRealty
Housing and construction indicators remain supportive for real estate. The housing index reached 105 (Mar/26), residential property prices rose 4.21% (Mar/26), construction output was 5.4% (Jul/26), and cement output accelerated to 13.1% YoY (2026-07). Bank lending rates are steady at 8.96% (Aug/26) rather than easing, but FPI flows turned positive with INR 1999 crore net inflow over 3 months to 2026-08-31 from INR -7216 crore previously.
PROS
- Latest quarter profit grew 116.7% YoY, showing strong momentum
- Company has a consistent dividend-paying track record
- Company maintains a comfortable, low leverage position
CONS
- Operating cash flow has been negative in recent years
- A large part of profit comes from other income (75.4% of PBT)
- Recent results are weak - TTM profit is down 39.8% versus prior year
- Company has a low return on capital employed of 8.3%
- Company has a low return on equity of 7.0% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.39x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| DLF | 643.60 | 35.83 | 159311.06 | 1.24 | 793.90 | -89.59 | 1280.34 | -52.87 | 6.81 | 49.68 |
| LODHA | 1113.00 | 26.96 | 111226.00 | 0.38 | 1373.10 | 103.39 | 4996.70 | 43.10 | 16.89 | 38.51 |
| PHOENIXLTD | 1891.15 | 52.85 | 67642.25 | 0.13 | 394.51 | 22.95 | 1074.94 | 12.80 | 15.41 | 59.77 |
| PRESTIGE | 1505.00 | 56.92 | 64824.90 | 0.13 | 271.40 | -12.87 | 2675.10 | 15.94 | 11.51 | 31.75 |
| OBEROIRLTY | 1747.40 | 24.16 | 63535.85 | 0.46 | 543.51 | 29.02 | 1300.89 | 31.73 | 17.69 | 56.75 |
| GODREJPROP | 1745.00 | 32.85 | 52564.02 | 0.57 | 349.38 | -41.61 | 506.17 | 16.48 | 8.37 | -57.98 |
| ANANTRAJ | 599.05 | 37.26 | 21558.43 | 0.17 | 149.19 | 18.50 | 631.40 | 6.58 | 12.23 | 29.53 |
| BRIGADE | 638.90 | 30.00 | 20844.71 | 0.24 | 216.94 | 37.35 | 1115.55 | -12.93 | 11.02 | 32.33 |
| ABREL | 1284.65 | 108.49 | 14348.99 | 0.19 | -34.59 | -27.73 | 188.85 | 30.95 | -4.54 | -30.02 |
| SOBHA | 1217.35 | 56.45 | 13020.02 | 0.49 | 50.85 | 273.37 | 1278.15 | 50.03 | 6.96 | 6.07 |
| SIGNATURE | 762.15 | 10.27 | 10722.39 | 0.00 | -16.53 | -148.00 | 551.99 | -36.24 | 34.77 | -8.10 |
| MAXESTATES | 560.60 | 793.00 | 9169.45 | 0.00 | 8.35 | -30.00 | 51.91 | 0.86 | 2.05 | 15.65 |
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 316 | 438 | 414 | 857 | 534 | 422 | 543 | 619 | 436 | 661 | 712 | 816 | 614 | |
| 257 | 348 | 326 | 641 | 423 | 349 | 436 | 474 | 389 | 630 | 606 | 679 | 539 | |
| Operating Profit | 59 | 90 | 87 | 216 | 111 | 72 | 107 | 145 | 47 | 31 | 106 | 137 | 75 |
| OPM % | 18.70% | 20.54% | 21.12% | 25.20% | 20.70% | 17.15% | 19.65% | 23.47% | 10.87% | 4.68% | 14.87% | 16.74% | 12.17% |
| 43 | 58 | 37 | 61 | 44 | 94 | 64 | 65 | 60 | 82 | 52 | 64 | 69 | |
| Interest | 32 | 32 | 38 | 41 | 48 | 34 | 28 | 20 | 21 | 25 | 26 | 50 | 37 |
| Depreciation | 18 | 19 | 22 | 20 | 19 | 20 | 21 | 20 | 19 | 21 | 23 | 26 | 24 |
| Profit before Tax | 53 | 97 | 64 | 216 | 88 | 113 | 122 | 169 | 68 | 67 | 109 | 125 | 144 |
| Tax % | 26.64% | 25.76% | 26.42% | 25.59% | 25.34% | 19.83% | 25.46% | -22.82% | 18.76% | 24.92% | 23.91% | 28.31% | 17.02% |
| Net Profit | 39 | 72 | 47 | 160 | 66 | 91 | 91 | 208 | 55 | 50 | 83 | 89 | 119 |
| 1.67 | 3.12 | 2.04 | 6.94 | 2.84 | 3.89 | 3.85 | 8.72 | 2.25 | 2.05 | 3.39 | 3.66 | 3.66 |
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,499 | 1,265 | 1,806 | 1,849 | 1,524 | 2,161 | 2,209 | 2,025 | 2,117 | 2,624 | 2,802 | |
| 1,100 | 864 | 1,324 | 1,359 | 1,122 | 1,644 | 1,745 | 1,572 | 1,682 | 2,313 | 2,454 | |
| Operating Profit | 399 | 401 | 482 | 491 | 402 | 517 | 464 | 453 | 435 | 311 | 348 |
| OPM % | 26.60% | 31.70% | 26.69% | 26.54% | 26.41% | 23.91% | 21.01% | 22.36% | 20.53% | 11.86% | 12.42% |
| 91 | 103 | 123 | 130 | 59 | 143 | 252 | 199 | 267 | 268 | 267 | |
| Interest | 180 | 183 | 178 | 200 | 198 | 143 | 134 | 144 | 130 | 121 | 138 |
| Depreciation | 76 | 69 | 68 | 76 | 87 | 84 | 80 | 78 | 80 | 90 | 94 |
| Profit before Tax | 234 | 252 | 359 | 344 | 178 | 433 | 502 | 429 | 492 | 368 | 444 |
| Tax % | 29.47% | 28.31% | 34.68% | 24.27% | 18.64% | 28.66% | 23.29% | 25.88% | 7.54% | 24.64% | 23.07% |
| Net Profit | 165 | 181 | 234 | 261 | 145 | 309 | 385 | 318 | 455 | 277 | 342 |
| EPS | 14.41 | 13.46 | 11.45 | 12.66 | 6.96 | 13.66 | 16.66 | 13.77 | 18.63 | 11.34 | — |
| Dividend Payout % | 17.18% | 15.08% | 11.63% | 7.84% | 17.51% | 11.18% | 11.99% | 14.53% | 13.42% | 17.63% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 11%
- 3 Years:
- 6%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 7%
- 5 Years:
- 14%
- 3 Years:
- -10%
STOCK PRICE CAGR
- 10 Years:
- 22%
- 5 Years:
- 16%
- 3 Years:
- 12%
- 1 Year:
- -9%
RETURN ON EQUITY
- 10 Years:
- 9%
- 5 Years:
- 8%
- 3 Years:
- 7%
- Last Year:
- 4%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 114 | 136 | 136 | 204 | 211 | 230 | 231 | 231 | 244 | 245 |
| 1,580 | 2,191 | 2,169 | 2,307 | 2,562 | 3,331 | 3,691 | 3,976 | 5,855 | 6,084 | |
| 1,690 | 2,004 | 1,958 | 2,091 | 1,919 | 1,669 | 1,463 | 1,710 | 1,523 | 2,920 | |
| Trade Payables | 359 | 403 | 381 | 300 | 316 | 357 | 359 | 346 | 379 | 513 |
| 979 | 1,022 | 2,816 | 2,764 | 3,101 | 3,208 | 3,399 | 4,284 | 5,851 | 7,529 | |
| Total Liabilities | 4,721 | 5,756 | 7,460 | 7,666 | 8,109 | 8,795 | 9,142 | 10,548 | 13,853 | 17,292 |
| 29 | 32 | 27 | 27 | 25 | 23 | 24 | 27 | 37 | 60 | |
| Capital Work in Progress | 250 | 432 | 179 | 75 | 4 | 3 | 16 | 670 | 1,453 | 2,019 |
| 827 | 1,353 | 1,498 | 1,793 | 2,051 | 2,595 | 2,347 | 2,544 | 2,421 | 2,511 | |
| 1,526 | 1,476 | 3,048 | 2,976 | 3,070 | 2,973 | 3,363 | 3,956 | 4,905 | 7,030 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 225 | 394 | 385 | |
| Cash & Bank | 43 | 44 | 112 | 137 | 185 | 289 | 599 | 658 | 1,848 | 1,472 |
| 2,048 | 2,420 | 2,595 | 2,659 | 2,774 | 2,910 | 2,793 | 2,469 | 2,794 | 3,814 | |
| Total Assets | 4,721 | 5,756 | 7,460 | 7,666 | 8,109 | 8,795 | 9,142 | 10,548 | 13,853 | 17,292 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 454 | 112 | 306 | 350 | 472 | 616 | 380 | -25 | 332 | -713 | |
| Cash from Investing | -332 | -638 | 103 | -194 | -151 | -583 | 72 | -120 | -413 | -545 |
| Cash from Financing | -92 | 557 | -261 | -58 | -282 | 123 | -360 | 151 | 1,096 | 943 |
| -10 | -12 | 72 | 40 | -14 | 74 | -5 | 6 | 1,015 | -316 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-04 - Brigade Enterprises Limited has informed the Exchange regarding a press release dated September 04, 2026, titled "Brigade Group Expands Hyderabad Footprint with Launch of Brigade Barcelona in Neopolis with a Revenue Potential of over Rs. 2,700 Crores".
2026-09-04 - Brigade Enterprises Limited has informed the Exchange about Material Information - Brigade Group Expands Hyderabad Footprint with Launch of Brigade Barcelona in Neopolis with a Revenue Potential of over Rs. 2,700 Crores
2026-09-01 - Brigade Enterprises Limited has informed the Exchange about Incorporation of wholly owned subsidiaries
2026-09-01 - Brigade Enterprises Limited has informed the Exchange about Schedule of meet
2026-09-01 - Brigade Enterprises Limited has informed the Exchange regarding a press release dated September 01, 2026, titled "Brigade Group Announces the opening of PVR INOX CINEMAS at Arcadia, Brigade Cornerstone Utopia".
2026-08-31 - Brigade Enterprises Limited has informed the Exchange regarding a press release dated August 31, 2026, titled "Brigade Group Enters Coimbatore with a Residential Development".
2026-08-31 - Brigade Enterprises Limited has informed the Exchange about Material Information Brigade Group Enters Coimbatore with a Residential Development
2026-08-26 - Brigade Enterprises Limited has informed the Exchange about Schedule of meet
2026-08-20 - Brigade Enterprises Limited has informed the Exchange about Transcript
News
Recent coverage and analyst commentary for BRIGADE
Loading news…
AI Stock Analyst
Brigade Enterprises Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account