Brigade Enter. Ltd
NSE: BRIGADE · Residential, Commercial Projects · sector
Key numbers
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 141 companies in Residential, Commercial Projects (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹2,735 cr vs borrowings ₹6,110 cr (FY26): borrowings are higher by ₹3,374 cr.
- Operating profit covered interest 3.4x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY24).
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Other income was 32% of net profit in the last 12 months.
- Dividend paid in 5 of the last 5 financial years.
- Price ₹545.15 on 2026-10-26: -32.0% from the 52-week high, +20.9% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,072 | 1,464 | 1,460 | 1,281 | 1,383 | 1,575 | 1,458 | 1,116 |
| EBITDA | 292 | 414 | 416 | 324 | 328 | 392 | 370 | 404 |
| OPM % | 27.2% | 28.3% | 28.5% | 25.3% | 23.7% | 24.9% | 25.4% | 36.2% |
| Other income | 66 | 66 | 72 | 52 | 46 | 48 | 66 | 64 |
| Net profit | 119 | 236 | 247 | 150 | 162 | 187 | 145 | 200 |
| EPS (₹) | 3.71 | 7.49 | 7.76 | 4.60 | 4.99 | 5.72 | 4.46 | 6.14 |
| Revenue YoY | +29.0% | +7.6% | -0.2% | -12.9% | ||||
| Profit YoY | +36.6% | -21.0% | -41.1% | +33.7% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 2,999 | 3,445 | 4,897 | 5,074 | 5,697 | 5,532 |
| EBITDA | 710 | 904 | 1,194 | 1,414 | 1,414 | 1,494 |
| Net profit | 83 | 291 | 452 | 686 | 644 | 695 |
| EPS (₹) | 2.75 | 9.48 | 14.67 | 21.55 | 19.77 | 21.31 |
| Revenue growth | +14.9% | +42.2% | +3.6% | +12.3% | +4.8% | |
| Profit growth | +252.1% | +55.0% | +51.8% | -6.0% | -7.6% | |
| Dividend / share (₹) | 1.20 | 1.50 | 2.00 | 2.00 | 2.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +18.3% | +23.9% | +4.8% |
| Net profit | +30.3% | – | -7.6% |
| EPS | +27.8% | – | – |
| Share price | – | -22.3% (2y) | -22.5% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 3,245 | 3,649 | 5,638 | 6,820 |
| Borrowings | – | 4,549 | 5,337 | 5,274 | 6,110 |
| Cash & equivalents | – | 1,534 | 1,784 | 3,298 | 2,735 |
| Total assets | – | 16,377 | 17,886 | 22,090 | 26,253 |
| Fixed assets | – | 881 | 901 | 992 | 1,057 |
| Capital work in progress | – | 740 | 1,232 | 1,929 | 3,584 |
| Investments | – | 6 | 3 | 4 | 9 |
| Receivables | – | 462 | 500 | 629 | 601 |
| Inventory | – | 7,327 | 7,736 | 8,869 | 11,401 |
| Payables | – | 735 | 760 | 786 | 882 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 1,032 | 966 | 334 | 995 | -137 |
| Cash from investing | -971 | -271 | -385 | -590 | -1,436 |
| Cash from financing | 33 | -695 | 246 | 860 | 1,202 |
| Capex | 208 | 0 | 0 | 0 | 1,739 |
| Free cash flow | 824 | 966 | 334 | 995 | -1,876 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 9.0% | 12.4% | 12.2% | 9.4% |
| ROCE % | – | 9.1% | 11.8% | 12.5% | 10.2% |
| Debtor days | – | 49 | 37 | 45 | 38 |
| Inventory days | – | 776 | 577 | 638 | 730 |
| Payable days | – | 78 | 57 | 57 | 56 |
| Cash conversion cycle (days) | – | 747 | 557 | 626 | 712 |
| Working capital days | – | 102 | 109 | 171 | 201 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 41.09% |
| FIIs | 14.45% |
| DIIs | 26.90% |
| of which Mutual funds | 23.30% |
| of which Insurance | 2.76% |
| Public (non-institutions) | 17.56% |
| Quarter | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 41.14% | 41.13% | 41.12% | 41.12% | 41.11% | 41.10% | 41.10% | 41.09% |
| Promoter group | % |
|---|---|
| Mysore Ramachandrasetty Jaishankar | 14.13% |
| Githa Shankar | 11.46% |
| Nirupa Shankar | 6.56% |
| Mysore Holdings Private Limited | 2.57% |
| Mysore Ramachandra Setty Krishnakumar | 2.42% |
| M R Shivram (HUF) | 1.24% |
| M R Shivram | 1.13% |
| Pavitra Shankar | 0.85% |
| Gurumurthy.m.r | 0.59% |
| A R Rukmini | 0.15% |
| Mysore Ramachandrasetty Jaishankar (HUF) | 0.00% |
| Public holders above 1% | % |
|---|---|
| ICICI Prudential Multi-asset Fund | 3.91% |
| M K Manjula | 2.75% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual F | 2.62% |
| UTI Balanced Hybrid Fund | 2.28% |
| SBI Nifty Smallcap 250 ETF | 2.14% |
| Kotak Small CAP Fund | 2.10% |
| SBI Life Insurance Co. Ltd | 1.91% |
| Kotak Funds - India Midcap Fund | 1.86% |
| Nippon Life India Trustee Ltd-a/c Nippon Power & I | 1.67% |
| Franklin India Small CAP Fund | 1.52% |
| M G Suraj | 1.52% |
| M G Suraj (HUF) . | 1.32% |
| HDFC Mutual Fund - HDFC BSE 500 ETF | 1.14% |
| Aditya Birla SUN Life Mutual Fund - Aditya Birla S | 1.02% |
1,55,224 shareholders. Pledged: 0.00% of promoter shares.
Peers in Residential, Commercial Projects
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| DLF | ₹1,63,939 cr | 35.9x | 3.6x | 10.3% | 6.3% | 14.8% | +12.9% | 0.90% |
| LODHA | ₹97,912 cr | 23.7x | 4.2x | 19.0% | 17.9% | 32.2% | +20.8% | 0.43% |
| PHOENIXLTD | ₹67,737 cr | 52.9x | 6.2x | 11.9% | 15.4% | 59.1% | +18.8% | 0.13% |
| PRESTIGE | ₹60,152 cr | 52.8x | 3.7x | 7.2% | 10.5% | 28.1% | +15.1% | 0.12% |
| OBEROIRLTY | ₹57,522 cr | 21.9x | 3.0x | 14.7% | 16.9% | 57.1% | +12.8% | 0.51% |
| GODREJPROP | ₹45,942 cr | 28.7x | 2.4x | 8.8% | 6.9% | -7.7% | +31.6% | – |
| BRIGADE | ₹17,781 cr | 25.6x | 2.6x | 11.2% | 10.9% | 27.0% | +18.3% | 0.35% |
| ANANTRAJ | ₹16,514 cr | 27.8x | 2.9x | 11.6% | 11.1% | 27.0% | +37.9% | 0.15% |
| SOBHA | ₹12,247 cr | 64.1x | 2.6x | 4.1% | 6.5% | 6.5% | +16.2% | 0.26% |
| ABREL | ₹12,035 cr | – | 3.2x | -3.1% | -4.4% | -88.7% | -56.1% | 0.18% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Real estate | ₹3,970 cr | 67.7% | ₹560 cr | 14.1% |
| Leasing | ₹1,297 cr | 22.1% | ₹730 cr | 56.3% |
| Hospitality | ₹596 cr | 10.2% | ₹128 cr | 21.4% |
| Exceptional Items | ₹0 cr | – | ₹-14 cr | – |
| Share loss of joint venture | ₹0 cr | – | ₹0 cr | – |
| Other income | ₹0 cr | – | ₹212 cr | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-05 | Dividend | Dividend - Rs 2 Per Share |
| 2026-06-17 | Bonus | Bonus 1:3 |
| 2025-08-13 | Dividend | Dividend - Rs 2.50 Per Share |
| 2024-07-30 | Dividend | Dividend - Rs 2 Per Share |
| 2023-07-31 | Dividend | Dividend - Rs 2 Per Share |
| 2022-07-25 | Dividend | Dividend - Rs 1.50 Per Share |
| 2021-08-02 | Dividend | Dividend - Rs 1.20 Per Share |
| 2020-03-23 | Dividend | Interim Dividend - Re 1 Per Share |
| 2019-08-28 | Bonus | Bonus 1:2 |
| 2019-07-26 | Dividend | Dividend - Rs 2 Per Share |
| 2018-08-02 | Dividend | Dividend- Rs 2 Per Share |
| 2017-09-13 | Dividend | Dividend - Rs 2 Per Share/Special Dividend Re 0.50 Per Share |
| 2016-03-22 | Dividend | Interim Dividend - Rs 2/- Per Share (Purpose Revised) |
| 2015-09-15 | Dividend | Annual General Meeting/ Dividend - Rs 2/- Per Share |
| 2014-07-25 | Dividend | Annual General Meeting/Dividend Rs:- 2/- Per Share |
| 2013-07-22 | Dividend | Annual General Meeting / Dividend - Rs 1.50/- Per Share |
| 2012-07-30 | Dividend | Annual General Meeting/ Dividend Rs. 1.50 Per Share |
| 2011-08-01 | Dividend | Dividend-Rs.1.50 Per Share |
| 2010-07-13 | Dividend | Dividend-Rs.1.20 Per Share |
| 2009-07-22 | Other | Agm/Div-Rs.1.20 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Real Estate (Property Development): The real estate (property development) segment is involved in the development of residential, commercial- office spaces, and mixed-use projects.
- Lease Rentals (Property Management): In the lease rentals segment, the Group develops commercial, office and retail spaces and leases out the same to third parties.
- Hospitality: The hospitality segment develops hotel projects which are operated by leading international operators.
| Sector | Consumer Discretionary |
| Industry | Residential, Commercial Projects |
| Sub-industry | Residential, Commercial Projects |
| Symbol | BRIGADE |
| BSE code | 532929 |
| ISIN | INE791I01019 |
| Face value | ₹10.0 |
| Incorporated | 1995-11-08 |
| Website | https://www.brigadegroup.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.