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Brigade Enterprises Ltd (BRIGADE)

₹1300.63.54%

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Overview
News
Financials
Q3 '23 Results
Technicals

Analyst Rating

based on 13 analysts

BUY

83.33%

Buy

0.00%

Hold

16.67%

Sell

Based on 13 analysts offering long term price targets for Brigade Enterprises Ltd. An average target of ₹1239.38

Source: S&P Global Market Intelligence

Brigade Enterprises Ltd Share analysis

Source: S&P Global Market Intelligence

Performance

  • Day's Low

    Day's High

    ₹1,290
    ₹1,355.1
  • 52 Week's Low

    52 Week's High

    ₹552.7
    ₹1,453.1
1 Month Return-3.2 %
3 Month Return+ 29.68 %
1 Year Return+ 123.89 %
Previous Close₹1,348.35
Open₹1,348.35
Volume3.45L
Upper Circuit-
Lower Circuit-
Market Cap₹30,061.52Cr

Key Statistics

P/E Ratio66.49
PEG Ratio9.62
Market Cap₹30,061.52 Cr
P/B Ratio2.78
EPS9.63

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Axis Small Cap Fund Direct GrowthAxis Small Cap Fund Direct Growth4.33%
SBI Small Cap Fund Direct Plan GrowthSBI Small Cap Fund Direct Plan Growth1.94%
Franklin India Smaller Companies Fund Direct GrowthFranklin India Smaller Companies Fund Direct Growth4.01%
HSBC Small Cap Fund Fund Direct GrowthHSBC Small Cap Fund Fund Direct Growth2.71%
Axis Flexi Cap Fund Direct GrowthAxis Flexi Cap Fund Direct Growth3.08%

Company Information

Brigade Enterprises Ltd is a leading real estate development company in India, incorporated in 1986. It is headed by Mr. M.R. Jaishankar, the Chairman and Managing Director. The company operates in various lines of business such as residential, commercial, retail, hospitality, and education. It has developed a range of projects, such as integrated townships, business parks, luxury villas, retail malls, and serviced apartments.

Brigade Enterprises Ltd's top products include residential and commercial spaces, retail malls, and educational institutions. It has several popular brands such as Brigade Gateway, Brigade Cornerstone Utopia, Brigade Lakefront, Brigade Woods, Brigade Exotica, and Brigade Panorama. These projects are located in cities like Bengaluru, Chennai, Hyderabad, Mysore, Kochi, and Mangalore.

Share Price: ₹1300.60 per share as on 11 Jul, 2024 04:01 PM
Market Capitalisation: ₹30,061.52Cr as of today
Revenue: ₹1,702.37Cr as on March 2024 (Q1 24)
Net Profit: ₹210.86Cr as on March 2024 (Q1 24)
Listing date: 31 Dec, 2007
Chairperson Name: Aroon Raman
OrganisationBrigade Enterprises Ltd
HeadquartersBangalore
IndustryRealty
E-voting on sharesClick here to vote

Key events for Brigade Enterprises Ltd

  • Brigade Enterprises Launches New Project Amid Growing Debt - 11 Jul, 2024

    Brigade Enterprises has launched a new residential project with a revenue potential of over Rs. 400 crore while facing growing debt. The company's latest balance sheet data shows liabilities of ₹120.4b more than its cash and near-term receivables, combined.

  • Brigade Enterprises Signs Joint Development Agreement for Residential Project in Bengaluru - 04 Jul, 2024

    Brigade Enterprises has signed a joint development agreement for a residential project worth Rs 1,100 crore in Bengaluru. The company reported a consolidated net profit of Rs 206.09 crore in Q4 FY24. Its shares rallied up to 4%.

  • Brigade Enterprises Signs Joint Development Agreement - 03 Jul, 2024

    Brigade Enterprises has signed a Joint Development Agreement for a residential project spread across 8 acres on Tumkur Road, Bengaluru, with a Gross Development Value of around ₹1,100 crore.

  • Brigade Enterprises Launches Premium Residential Project - 28 Jun, 2024

    Brigade Enterprises launched Brigade Insignia, a premium residential project in Yelahanka, Bengaluru with a revenue potential of Rs 1,100 crore. The company plans to buy land worth Rs 1,200 crore annually and construct residential properties worth around Rs 6,250 crore. The project boasts modern amenities and luxurious apartments priced between Rs 3 crore and Rs 9 crore.

  • Brigade Enterprises Signs Agreement for Third Tower of WTC at Infopark Kochi - 20 Jun, 2024

    Real estate company Brigade Enterprises has signed a lease agreement to develop a third tower of the World Trade Center (WTC) at Infopark Kochi. The Rs 150-crore project is expected to complete in three years and generate around 2,700 direct jobs. The stock rose by 52% year-to-date.

  • Brigade Enterprises Invests in New Tower Project - 19 Jun, 2024

    Brigade Enterprises is set to invest Rs 150 crore in a new tower project in Kochi. The 16-storey tower will generate around 2,700 direct jobs and is expected to be ready in three years.

  • Brigade Enterprises Reports Strong Financial Results - 18 Jun, 2024

    Brigade Enterprises reports a 102.04% YoY increase in net sales, with quarterly net profit up by 197.6%. The company's EPS has also increased significantly. Brigade Enterprises shares have given returns of 59.22% over the last 6 months and 134.62% over the last 12 months.

  • Brigade Enterprises Expects Strong Sales Momentum in FY25 - 14 Jun, 2024

    Brigade Enterprises is expected to have strong sales momentum into FY25 with pre-sales surging to Rs 987 billion and attractive entry points in the residential real estate sector. The company also launched its premium-luxury mixed-use project Brigade Icon in Chennai.

  • Brigade Plans Major Expansion in Chennai; Expects High Pricing for Residential Launches - 13 Jun, 2024

    Real estate developer Brigade Enterprises is set to expand its business in Chennai with a total outlay of Rs. 8,000 crore over the next 6-7 years. The company also expects its FY-25 residential launches to have an average pricing of Rs. 10,000/sqft.

  • Brigade Enterprises Plans Major Investment in Chennai Real Estate Market - 12 Jun, 2024

    Real estate developer Brigade Enterprises plans to invest over Rs 8,000 crore in Chennai by 2030 to expand its business. The company has a strong pipeline of projects across the spectrum of residential, office, retail and hospitality for over 15 million sqft.

Insights on Brigade Enterprises Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 73.49 Cr → 206.09 Cr (in ₹), with an average increase of 64.3% per quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 1.20K Cr → 1.76K Cr (in ₹), with an average increase of 31.5% per quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 17.51% to 17.57% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 13.73% to 14.87% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Prestige Estates Projects Ltd has given 206.4% return, outperforming this stock by 65.5%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Prestige Estates Projects Ltd has given 487.4% return, outperforming this stock by 170.4%

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 43.75% to 43.72% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 22.85% to 22.10% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 1 month, BRIGADE stock has moved down by -3.7%

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
₹1,702.37Cr
↑45.03%
Net Income
₹210.86Cr
↑277.95%
Net Profit Margin
12.39%
↑160.84%
2023Y/Y Change
Revenue
₹3,444.61Cr
↑14.87%
Net Income
₹222.17Cr
↓443.07%
Net Profit Margin
6.45%
↓398.61%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹9,197.46Cr
↑4.30%
Total Liabilities
₹5,268.44Cr
↑0.28%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
₹282.55Cr
↓47.10%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
43.72%
0.00
Foreign Institutions
14.87%
0.00
Mutual Funds
22.1%
0.00
Retail Investors
17.57%
0.00
Others
1.74%
0.00

Key Indicators

Brigade Enterprises Ltd Valuation

Brigade Enterprises Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-2052.20x)

November 17, 2021

Today (66.49x)

July 11, 2024

Industry (191.01x)

July 11, 2024

Highest (151.81x)

April 1, 2022

LowHigh

Earnings and Dividends

  • Brigade Enterprises Ltd Earnings Results

    Brigade Enterprises Ltd’s net profit jumped 197.6% since last year same period to ₹206.09Cr in the Q4 2023-2024. On a quarterly growth basis, Brigade Enterprises Ltd has generated 180.43% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Brigade Enterprises Ltd Dividends May,2023

    In the quarter ending March 2023, Brigade Enterprises Ltd has declared dividend of ₹2 - translating a dividend yield of 0.15%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Brigade Enterprises Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Brigade Enterprises Ltd (BRIGADE) share price today is ₹1300.6

Brigade Enterprises Ltd is listed on NSE

Brigade Enterprises Ltd is listed on BSE

  • Today’s highest price of Brigade Enterprises Ltd is ₹1355.1.
  • Today’s lowest price of Brigade Enterprises Ltd is ₹1290.

PE Ratio of Brigade Enterprises Ltd is 66.49

PE ratio = Brigade Enterprises Ltd Market price per share / Brigade Enterprises Ltd Earnings per share

Today’s traded volume of Brigade Enterprises Ltd(BRIGADE) is 3.45L.

Today’s market capitalisation of Brigade Enterprises Ltd(BRIGADE) is ₹30061.52Cr.

Brigade Enterprises Ltd(BRIGADEPrice
52 Week High
₹1453.1
52 Week Low
₹552.7

Brigade Enterprises Ltd(BRIGADE) share price is ₹1300.6. It is down -10.49% from its 52 Week High price of ₹1453.1

Brigade Enterprises Ltd(BRIGADE) share price is ₹1300.6. It is up 135.32% from its 52 Week Low price of ₹552.7

Brigade Enterprises Ltd(BRIGADEReturns
1 Day Returns
-47.75%
1 Month Returns
-3.2%
3 Month Returns
29.68%
1 Year Returns
123.89%