MarketFriction

Brigade Enterprises Ltd

NSE BRIGADE · BSE 532929 · Residential, Commercial Projects
₹569.55 -0.99%
NSE close2026-10-01
52 week range450.75 - 802.01
Market cap₹18,370 Cr.
P/E27.0
Nifty 500Nifty Smallcap 100Smallcap 250Nifty Realty Price band 20% Delivery 43.5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,3671,1741,7021,0781,0721,4641,4601,2811,3831,5751,4581,116
Expenses1,0429121,2707857801,0501,0449581,0561,1641,093755
Operating Profit325262433293292414416323328411365361
OPM %24%22%25%27%27%28%28%25%24%26%25%32%
Other Income4134603666667252462972107
Interest11013513815212311410710610290112109
Depreciation768276686976767676808073
Profit before tax18079279108166289306194196270245285
Tax %38%30%24%26%31%18%18%18%13%24%22%24%
Net Profit1125621181115236249158170206191217
EPS in Rs4.342.396.692.723.657.257.584.604.985.724.466.14
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2,0382,0241,8972,9732,6321,9502,9993,4454,8975,0745,6975,532
Expenses1,5481,4441,3412,1741,9651,4742,2292,5783,6953,6544,2644,068
Operating Profit4905805577996674767708661,2021,4211,4331,464
OPM %24%29%29%27%25%24%26%25%25%28%25%26%
Other Income3429364727-179161160233193254
Interest199246259278340347444434491495409413
Depreciation106123138140192237351315302289312310
Profit before tax219240196427161-125-15278569869904995
Tax %37%31%32%34%29%-23%331%20%29%22%20%
Net Profit139167133282114-96-65222401680725784
EPS in Rs5.476.735.128.814.79-1.652.709.4714.6621.0519.7621.30
Dividend Payout %18%19%20%11%31%-55%42%16%10%9%8%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth11%24%18%5%
Compounded Profit Growth18%89%35%-9%
Stock Price CAGR21%13%10%-16%
Return on Equity10%11%12%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital113113114136136204211230231231244245
Reserves1,2441,4251,5812,1512,0332,0772,1372,6803,0143,4185,3946,576
Borrowings1,6632,4592,5763,3903,7854,5225,0054,9064,6345,4705,4646,344
Other Liabilities1,2782,0002,0792,1334,8455,4486,4617,2858,4868,74010,97313,040
Total Liabilities4,2985,9976,3507,81010,80012,25113,81415,10116,36517,86022,07626,204
Fixed Assets1,3623401,4311,8052,2772,9985,0204,9054,6814,5936,8998,537
CWIP4861,4111,5642,1292,0102,0974955417401,232138222
Investments349945423698728950962504362
Other Assets2,4163,2523,3023,6406,4167,0838,2109,14710,88211,98514,99517,383
Total Assets4,2985,9976,3507,81010,80012,25113,81415,10116,36517,86022,07626,204
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity26339398494674658031,032966334995-137
Cash from Investing Activity-384-948-335-1,084-452-717-748-971-271-379-590-1,436
Cash from Financing Activity373631-581,032453213033-695241860942
Net Cash Flow16215-46069849411951,265-631
Free Cash Flow-193-57029-865-133-26833682470166358-1,871
CFO/OP20%69%82%26%72%79%180%148%130%48%93%26%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days487345260996149374538
Inventory Days3,0423,2443,8982,0403,6539,7128,4862,4984,1424,667
Days Payable559740942258351949885245366361
Cash Conversion Cycle42,4912,5112,9911,8343,3628,8617,662492,2903,8214,345
Working Capital Days-117-0596641-64-57-61-24-6526
ROCE %11%12%11%9%12%8%4%6%8%13%13%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters43.77%43.75%43.73%43.72%41.37%41.37%41.14%41.13%41.13%41.12%41.11%41.10%
FIIs13.40%13.73%14.86%16.17%18.47%20.23%20.21%19.33%18.67%18.14%16.75%15.63%
DIIs25.41%25.01%23.84%22.86%24.02%22.91%22.87%23.44%23.28%23.55%24.74%25.46%
Public17.44%17.50%17.58%17.26%16.14%15.50%15.77%16.09%16.95%17.19%17.40%17.80%
No. of Shareholders63,53568,71276,97786,13086,8031,12,7601,28,0081,32,6901,74,5851,59,1561,59,2541,62,943

Fundamentals

Market Cap₹ 18,370 Cr.
Current Price₹ 563
Stock P/E27.0
Book Value₹ 209
ROCE10.5 %
ROE10.5 %
Dividend Yield0.36 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)5%
Compounded Profit Growth (TTM)-9%
Consolidated figures.
Valuation
Market capRs 13,931 Cr
Enterprise valueRs 17,590 Cr
P/E (TTM)20.05x
Price to book2.04x
Price to sales2.52x
EV / EBITDA10.24x
EV / EBIT12.49x
EV / sales3.18x
Earnings yield4.99%
Dividend yield0.35%
P/E, 3-year average26.84x
P/B, 3-year average3.12x
P/E, 5-year average43.31x
P/B, 5-year average2.99x
Profitability
Operating margin (excl. other income)25.15%
Operating margin (incl. other income)28.53%
EBITDA margin31.06%
Pre-tax margin17.99%
Net profit margin12.56%
Net margin, latest quarter17.97%
ROE10.34%
ROCE10.82%
ROA2.67%
ROE, 3-year average12.74%
ROCE, 3-year average12.26%
ROA, 3-year average2.91%
ROE, 5-year average10.17%
ROCE, 5-year average10.30%
ROA, 5-year average2.23%
ROIC (approx.)10.77%
Tax rate19.82%
Other income / net worth2.82%
Growth
Sales growth (latest year)12.28%
Profit growth (latest year)-6.03%
Sales CAGR, 3 years18.26%
Sales CAGR, 5 years23.92%
Profit CAGR, 3 years30.28%
Sales growth QoQ-23.47%
Profit growth QoQ37.75%
Sales growth YoY (latest quarter)-12.93%
Profit growth YoY (latest quarter)33.71%
Per share
EPS (TTM)Rs 28.41
EPS (latest year)Rs 26.34
EPS (latest quarter)Rs 8.19
EPS, 3-year averageRs 24.65
EPS, 5-year averageRs 18.03
Book value per shareRs 278.83
Sales per shareRs 226.15
Cash flow per shareRs -5.60
Free cash flow per shareRs -76.49
Dividend per share (latest year)Rs 2.00
Dividend per share, 3-year averageRs 2.17
Dividend per share, 5-year averageRs 2.00
Dividends
Dividend payout7.59%
Dividend payout, 3-year average8.91%
Dividend payout, 5-year average16.86%
Efficiency
Asset turnover0.22x
Fixed asset turnover0.67x
Inventory turnover0.26x
Inventory days1403 days
Debtor days38 days
Debtors turnover9.48x
Creditor days361 days
Cash conversion cycle4345 days
Working capital days26 days
Leverage
Total debtRs 6,344 Cr
Cash and bankRs 2,685 Cr
Net debtRs 3,659 Cr
Debt to equity0.93x
Net debt / EBITDA2.13x
Interest coverage3.41x
Current ratio (filing 2026-03-31)1.24x
Quick ratio (filing 2026-03-31)0.36x
Trade payables (filing 2026-03-31)Rs 882 Cr
Owners' fund to total sources26.03%
Debt to assets24.21%
Cash flow
Cash from Operating Activity (latest year)Rs -137 Cr
Cash from Investing Activity (latest year)Rs -1,436 Cr
Cash from Financing Activity (latest year)Rs 942 Cr
Net Cash Flow (latest year)Rs -631 Cr
Free cash flow (latest year)Rs -1,871 Cr
FCFE (approx.: FCF + change in debt)Rs -991 Cr
Cash from ops / profit, 5 years1.63x
Statement figures
Net sales (TTM)Rs 5,532 Cr
Net sales (latest year)Rs 5,697 Cr
Sales (latest quarter)Rs 1,116 Cr
Operating profit excl. other income (latest year)Rs 1,433 Cr
Operating profit (latest quarter)Rs 361 Cr
Other income (TTM)Rs 254 Cr
EBITDA (TTM)Rs 1,718 Cr
PBDT (TTM)Rs 1,305 Cr
Profit before tax (TTM)Rs 995 Cr
Tax (latest year)Rs 179 Cr
Net profit (TTM)Rs 695 Cr
Net profit (latest year)Rs 644 Cr
Net profit (latest quarter)Rs 200 Cr
Depreciation (TTM)Rs 310 Cr
Depreciation (latest quarter)Rs 73 Cr
Interest (TTM)Rs 413 Cr
Cost of goods sold (latest year)Rs 2,966 Cr
Total expenditure (latest year)Rs 4,264 Cr
Total income (latest year)Rs 5,890 Cr
Share capitalRs 245 Cr
ReservesRs 6,576 Cr
Shareholders' fundsRs 6,820 Cr
Total assetsRs 26,204 Cr
Net blockRs 8,537 Cr
Capital work in progressRs 222 Cr
InvestmentsRs 62 Cr
ReceivablesRs 601 Cr
InventoryRs 11,401 Cr
Other liabilitiesRs 13,040 Cr
Shares outstanding (crore)24.46
Ownership
Promoter holding41.10% (-0.03 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 20.1 is at the 33th percentile of its own 8.4-year range (median 23.1, low 7.7, high 124.7).
P/B 2.04 is at the 37th percentile (median 2.35).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodBRIGADENifty 50Difference
1 week-6.0%-2.8% -3.3 pts
1 month-11.7%-6.8% -4.9 pts
3 months+10.8%-7.6% +18.5 pts
6 months+16.7%+0.4% +16.3 pts
1 year-17.5%-9.9% -7.6 pts
2 years-43.1%-13.6% -29.5 pts
3 years+33.7%+14.2% +19.6 pts
5 years+84.9%+27.9% +57.1 pts
133 mutual fund schemes hold about ₹5,064 Cr. Over three months 105 bought more and 20 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
Axis Small Cap Fund1.71%538 +10%
SBI Small Cap Fund0.91%388 +11%
ICICI Pru Multi Asset Allocation Fund0.42%371 +12%
Kotak Small Cap Fund1.83%360 +12%
Franklin India Small Cap Fund2.36%348 +18%
ICICI Pru Infrastructure Fund3.26%279 +18%
Invesco India Smallcap Fund1.35%213 +35%
Nippon India Small Cap Fund0.19%160 +12%
UTI Value Fund1.64%157 +18%
UTI Mid Cap Fund1.21%154 +25%
HDFC Multi Cap Fund0.64%131 +34%
HSBC Value Fund0.63%97 +38%
Edelweiss Small Cap Fund1.25%90 +33%
Aditya Birla SL Balanced Advantage Fund0.80%81 +11%
ICICI Pru Housing Opp Fund2.90%79 +15%
Nippon India Power & Infra Fund0.95%76 +28%
Sundaram Small Cap Fund1.73%72 +10%
Aditya Birla SL Large & Mid Cap Fund1.06%64 +36%
UTI Small Cap Fund1.18%62 +13%
ICICI Pru Small Cap Fund0.63%62 +14%
SBI ESG Exclusionary Strategy Fund1.12%60 +100%
ICICI Pru Small Cap Fund0.63%60 +14%
Sundaram Multi Cap Fund1.93%59 +12%
UTI ELSS Tax Saver Fund1.67%58 +21%
Nippon India Flexi Cap Fund0.57%56 +19%

Red flags

F-score 3 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,116 Cr -12.9% vs Jun 2025. Net profit ₹217 Cr +37.3%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
DLF Ltd161,63837.66.32 %
Lodha Developers Ltd110,59226.816.4 %
Phoenix Mills Ltd68,99653.212.4 %
Oberoi Realty Ltd64,09924.217.3 %
Prestige Estates Projects Ltd61,05653.610.4 %
Godrej Properties Ltd49,23230.47.63 %
Anant Raj Ltd21,67537.512.1 %
Horizon Industrial Parks Ltd14,7093.18 %
Sobha Ltd13,00856.46.86 %
Aditya Birla Real Estate Ltd12,963-4.48 %
SignatureGlobal India Ltd10,6142.38 %
Sri Lotus Developers & Realty Ltd10,46640.721.2 %
Max Estates Ltd9,3121,5861.40 %
Embassy Developments Ltd7,833-2.44 %
Mahindra Lifespace Developers Ltd7,70324.87.64 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-05Dividend - Rs 2 Per Share
2026-06-17Bonus 1:30.7500
2025-08-13Dividend - Rs 2.50 Per Share
2024-07-30Dividend - Rs 2 Per Share
2023-07-31Dividend - Rs 2 Per Share
2022-07-25Dividend - Rs 1.50 Per Share
2021-08-02 Dividend - Rs 1.20 Per Share
2020-03-23 Interim Dividend - Re 1 Per Share
2019-08-28 Bonus 1:20.6667
2019-07-26 Dividend - Rs 2 Per Share
2018-08-02 Dividend- Rs 2 Per Share
2017-09-13 Dividend - Rs 2 Per Share/Special Dividend Re 0.50 Per Share
2016-03-22 Interim Dividend - Rs 2/- Per Share (Purpose Revised)
2015-09-15 Annual General Meeting/ Dividend - Rs 2/- Per Share
2014-07-25Annual General Meeting/Dividend Rs:- 2/- Per Share
2013-07-22Annual General Meeting / Dividend - Rs 1.50/- Per Share
2012-07-30Annual General Meeting/ Dividend Rs. 1.50 Per Share
2011-08-01Dividend-Rs.1.50 Per Share
2010-07-13Dividend-Rs.1.20 Per Share
2009-07-22Agm/Div-Rs.1.20 Per Share
2008-06-18Agm/Dividend - 20%
DateTypeWhat it says
2026-09-29General UpdatesGeneral Updates
2026-09-25General UpdatesAcquisition of Equity Shares by the Company
2026-09-25Concall / analyst meetSchedule of meet
2026-09-24General UpdatesShow Cause Notice Received from GST Authority
2026-09-22Concall / analyst meetSchedule of meet
2026-09-18General UpdatesIntimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - ESG Rating
2026-09-17Concall / analyst meetSchedule of meet
2026-09-04Press ReleaseA press release dated September 04, 2026, titled "Brigade Group Expands Hyderabad Footprint with Launch of Brigade Barcelona in Neopolis with a Revenu...
2026-09-04General UpdatesMaterial Information - Brigade Group Expands Hyderabad Footprint with Launch of Brigade Barcelona in Neopolis with a Revenue Potential of over Rs. 2,7...
2026-09-01General UpdatesIncorporation of wholly owned subsidiaries
2026-09-01Concall / analyst meetSchedule of meet
2026-09-01Press ReleaseA press release dated September 01, 2026, titled "Brigade Group Announces the opening of PVR INOX CINEMAS at Arcadia, Brigade Cornerstone Utopia".
2026-08-31Press ReleaseA press release dated August 31, 2026, titled "Brigade Group Enters Coimbatore with a Residential Development".
2026-08-31General UpdatesMaterial Information Brigade Group Enters Coimbatore with a Residential Development
2026-08-26Concall / analyst meetSchedule of meet
2026-08-20Concall / analyst meetTranscript
2026-08-20Press ReleaseA press release dated August 20, 2026, titled "Brigade Group Signs Lease Agreement with US based HealthEdge at Brigade Square, Thiruvananthapuram".
2026-08-19General UpdatesAcquisition of Equity Shares by the Company
2026-08-14Concall / analyst meetLink of Audio recording of the Q1 FY 2026-27 conference call with Investors and Analysts
2026-08-13Shareholder meetingVoting results.
2026-08-13Shareholder meetingProceedings of Annual General Meeting held on August 13, 2026
2026-08-13Investor PresentationInvestor Presentation
2026-08-13Press ReleaseA press release dated August 13, 2026, titled "Press Release Brigade Group Delivers 47% Growth in Profit Before Tax, with Revenue of ₹1,179 C...
2026-08-13Board meeting outcomeBrigade Enterprises Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-08-12ESOPGrant of 82628 Options.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Brigade Enterprises Ltd?

Brigade Enterprises Ltd (BRIGADE) has a market capitalisation of Rs 18,370 Cr. at the 2026-10-01 close.

What is the P/E ratio of Brigade Enterprises Ltd?

Brigade Enterprises Ltd trades at a P/E of 27.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Brigade Enterprises Ltd's latest quarterly results?

In the Jun 2026 quarter, Brigade Enterprises Ltd sales was Rs 1,116 Cr (-12.9% vs Jun 2025) and net profit was Rs 217 Cr.

What is the 52-week high and low of Brigade Enterprises Ltd?

The 52-week high is Rs 802.01 and the 52-week low is Rs 450.75.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03