Brigade Enterprises Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: June 24, 2025, 10:05 pm

Market Cap	27,889 Cr.
Current Price	1,142
High / Low	1,453/813
Stock P/E	41.0
Book Value	231
Dividend Yield	0.18 %
ROCE	13.4 %
ROE	14.6 %
Face Value	10.0
PEG Ratio	0.41

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Brigade Enterprises Ltd

Competitors of Brigade Enterprises Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hampton Sky Realty Ltd	742 Cr.	27.0	35.8/20.5	134	5.32	0.00 %	6.09 %	3.86 %	1.00
Grovy India Ltd	61.6 Cr.	46.2	98.2/35.0	34.4	15.3	0.05 %	7.60 %	9.12 %	10.0
Gothi Plascon (India) Ltd	42.9 Cr.	42.1	53.6/32.2	26.3	11.0	4.76 %	18.1 %	14.3 %	10.0
Generic Engineering Construction & Projects Ltd	224 Cr.	40.1	71.0/22.0	18.5	49.9	0.00 %	9.36 %	4.43 %	5.00
Garnet Construction Ltd	40.0 Cr.	28.8	57.2/21.6	5.40	74.0	0.00 %	9.98 %	7.47 %	10.0
Industry Average	20,791.12 Cr	487.36		51.75	142.74	0.53%	12.22%	10.53%	6.13

All Competitor Stocks of Brigade Enterprises Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	942	902	879	820	843	654	1,367	1,174	1,702	1,078	1,072	1,464	1,460
Expenses	737	670	663	612	641	479	1,042	912	1,270	785	780	1,050	1,044
Operating Profit	205	233	216	208	202	175	325	262	433	293	292	414	416
OPM %	22%	26%	25%	25%	24%	27%	24%	22%	25%	27%	27%	28%	28%
Other Income	3	32	51	38	47	31	41	34	60	36	66	66	72
Interest	109	106	110	118	100	108	110	135	138	152	123	114	107
Depreciation	91	75	78	78	83	68	76	82	76	68	69	76	76
Profit before tax	8	83	80	50	65	30	180	79	279	108	166	289	306
Tax %	255%	22%	35%	14%	3%	27%	38%	30%	24%	26%	31%	18%	18%
Net Profit	-12	65	52	43	63	22	112	56	211	81	115	236	249
EPS in Rs	1.41	3.81	3.36	2.47	3.00	1.67	5.78	3.18	8.92	3.62	4.87	9.67	10.10

Last Updated: May 31, 2025, 9:36 am

Below is a detailed analysis of the quarterly data for Brigade Enterprises Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 1,460.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,464.00 Cr. (Dec 2024) to 1,460.00 Cr., marking a decrease of 4.00 Cr..
For Expenses, as of Mar 2025, the value is 1,044.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 1,050.00 Cr. (Dec 2024) to 1,044.00 Cr., marking a decrease of 6.00 Cr..
For Operating Profit, as of Mar 2025, the value is 416.00 Cr.. The value appears strong and on an upward trend. It has increased from 414.00 Cr. (Dec 2024) to 416.00 Cr., marking an increase of 2.00 Cr..
For OPM %, as of Mar 2025, the value is 28.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 28.00%.
For Other Income, as of Mar 2025, the value is 72.00 Cr.. The value appears strong and on an upward trend. It has increased from 66.00 Cr. (Dec 2024) to 72.00 Cr., marking an increase of 6.00 Cr..
For Interest, as of Mar 2025, the value is 107.00 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 114.00 Cr. (Dec 2024) to 107.00 Cr., marking a decrease of 7.00 Cr..
For Depreciation, as of Mar 2025, the value is 76.00 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 76.00 Cr..
For Profit before tax, as of Mar 2025, the value is 306.00 Cr.. The value appears strong and on an upward trend. It has increased from 289.00 Cr. (Dec 2024) to 306.00 Cr., marking an increase of 17.00 Cr..
For Tax %, as of Mar 2025, the value is 18.00%. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 18.00%.
For Net Profit, as of Mar 2025, the value is 249.00 Cr.. The value appears strong and on an upward trend. It has increased from 236.00 Cr. (Dec 2024) to 249.00 Cr., marking an increase of 13.00 Cr..
For EPS in Rs, as of Mar 2025, the value is 10.10. The value appears strong and on an upward trend. It has increased from 9.67 (Dec 2024) to 10.10, marking an increase of 0.43.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: May 15, 2025, 7:03 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Sales	947	1,311	2,038	2,024	1,897	2,973	2,632	1,950	2,999	3,445	4,897	5,074
Expenses	648	928	1,548	1,444	1,341	2,174	1,965	1,474	2,229	2,578	3,695	3,660
Operating Profit	298	383	490	580	557	799	667	476	770	866	1,202	1,414
OPM %	32%	29%	24%	29%	29%	27%	25%	24%	26%	25%	25%	28%
Other Income	20	20	34	29	36	47	27	-17	9	161	160	239
Interest	113	131	199	246	259	278	340	347	444	434	491	495
Depreciation	82	99	106	123	138	140	192	237	351	315	302	289
Profit before tax	124	172	219	240	196	427	161	-125	-15	278	569	869
Tax %	28%	33%	37%	31%	32%	34%	29%	-23%	331%	20%	29%	22%
Net Profit	90	116	139	167	133	282	114	-96	-65	222	401	680
EPS in Rs	5.46	5.63	7.30	8.98	6.82	11.74	6.39	-2.20	3.59	12.63	19.54	28.06
Dividend Payout %	24%	24%	18%	19%	20%	11%	31%	-55%	42%	16%	10%	9%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	28.89%	19.83%	20.14%	-20.36%	112.03%	-59.57%	-184.21%	32.29%	441.54%	80.63%	69.58%
Change in YoY Net Profit Growth (%)	0.00%	-9.06%	0.32%	-40.50%	132.39%	-171.60%	-124.64%	216.50%	409.25%	-360.91%	-11.05%

Brigade Enterprises Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:	14%
5 Years:	14%
3 Years:	19%
TTM:	4%

Compounded Profit Growth
10 Years:	22%
5 Years:	40%
3 Years:	114%
TTM:	69%

Stock Price CAGR
10 Years:	29%
5 Years:	51%
3 Years:	38%
1 Year:	-18%

Return on Equity
10 Years:	8%
5 Years:	8%
3 Years:	11%
Last Year:	15%

Last Updated: Unknown

Balance Sheet

Last Updated: June 16, 2025, 12:20 pm

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	112	113	113	114	136	136	204	211	230	231	231	244
Reserves	1,168	1,244	1,425	1,581	2,151	2,033	2,077	2,137	2,680	3,014	3,418	5,394
Borrowings	1,021	1,663	2,459	2,576	3,390	3,785	4,522	5,005	4,906	4,634	5,470	5,464
Other Liabilities	1,040	1,278	2,000	2,079	2,133	4,845	5,448	6,461	7,285	8,486	8,740	10,988
Total Liabilities	3,341	4,298	5,997	6,350	7,810	10,800	12,251	13,814	15,101	16,365	17,860	22,090
Fixed Assets	1,227	1,362	340	1,431	1,805	2,277	2,998	5,020	4,905	4,681	4,593	6,902
CWIP	246	486	1,411	1,564	2,129	2,010	2,097	495	541	740	1,232	138
Investments	82	34	994	54	236	98	72	89	509	62	50	41
Other Assets	1,787	2,416	3,252	3,302	3,640	6,416	7,083	8,210	9,147	10,882	11,985	15,010
Total Assets	3,341	4,298	5,997	6,350	7,810	10,800	12,251	13,814	15,101	16,365	17,860	22,090

Below is a detailed analysis of the balance sheet data for Brigade Enterprises Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Equity Capital, as of Mar 2025, the value is 244.00 Cr.. The value appears strong and on an upward trend. It has increased from 231.00 Cr. (Mar 2024) to 244.00 Cr., marking an increase of 13.00 Cr..
For Reserves, as of Mar 2025, the value is 5,394.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,418.00 Cr. (Mar 2024) to 5,394.00 Cr., marking an increase of 1,976.00 Cr..
For Borrowings, as of Mar 2025, the value is 5,464.00 Cr.. The value appears to be improving (decreasing). However, Borrowings exceed Reserves, which may signal higher financial risk. It has decreased from 5,470.00 Cr. (Mar 2024) to 5,464.00 Cr., marking a decrease of 6.00 Cr..
For Other Liabilities, as of Mar 2025, the value is 10,988.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 8,740.00 Cr. (Mar 2024) to 10,988.00 Cr., marking an increase of 2,248.00 Cr..
For Total Liabilities, as of Mar 2025, the value is 22,090.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 17,860.00 Cr. (Mar 2024) to 22,090.00 Cr., marking an increase of 4,230.00 Cr..
For Fixed Assets, as of Mar 2025, the value is 6,902.00 Cr.. The value appears strong and on an upward trend. It has increased from 4,593.00 Cr. (Mar 2024) to 6,902.00 Cr., marking an increase of 2,309.00 Cr..
For CWIP, as of Mar 2025, the value is 138.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,232.00 Cr. (Mar 2024) to 138.00 Cr., marking a decrease of 1,094.00 Cr..
For Investments, as of Mar 2025, the value is 41.00 Cr.. The value appears to be declining and may need further review. It has decreased from 50.00 Cr. (Mar 2024) to 41.00 Cr., marking a decrease of 9.00 Cr..
For Other Assets, as of Mar 2025, the value is 15,010.00 Cr.. The value appears strong and on an upward trend. It has increased from 11,985.00 Cr. (Mar 2024) to 15,010.00 Cr., marking an increase of 3,025.00 Cr..
For Total Assets, as of Mar 2025, the value is 22,090.00 Cr.. The value appears strong and on an upward trend. It has increased from 17,860.00 Cr. (Mar 2024) to 22,090.00 Cr., marking an increase of 4,230.00 Cr..

However, the Borrowings (5,464.00 Cr.) are higher than the Reserves (₹5,394.00 Cr.), which may signal higher financial risk.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Month		Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	490	26	339	398	49	467	465	803	1,032	966	334	995
Cash from Investing Activity +	-234	-384	-948	-335	-1,084	-452	-717	-748	-971	-271	-379	-590
Cash from Financing Activity +	-262	373	631	-58	1,032	45	321	30	33	-695	241	860
Net Cash Flow	-5	16	21	5	-4	60	69	84	94	1	195	1,265

Free Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Free Cash Flow	297.00	382.00	488.00	578.00	554.00	796.00	663.00	471.00	766.00	862.00	-4.00	-4.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	9	14	4	8	7	34	52	60	99	61	49	37
Inventory Days	1,978			3,042	3,244	3,898	2,040	3,653	9,712	8,486		2,498
Days Payable	185			559	740	942	258	351	949	885		245
Cash Conversion Cycle	1,802	14	4	2,491	2,511	2,991	1,834	3,362	8,861	7,662	49	2,290
Working Capital Days	340	-34	6	38	41	107	74	47	-50	-2	-23	10
ROCE %	7%	10%	11%	12%	11%	9%	12%	8%	4%	6%	8%	13%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	43.88%	43.85%	43.82%	43.80%	43.79%	43.78%	43.77%	43.75%	43.73%	43.72%	41.37%	41.37%
FIIs	13.64%	13.31%	13.44%	14.24%	14.31%	13.67%	13.40%	13.73%	14.86%	16.17%	18.47%	20.23%
DIIs	23.86%	24.69%	25.28%	24.55%	24.62%	25.45%	25.41%	25.01%	23.84%	22.86%	24.02%	22.91%
Public	18.62%	18.15%	17.46%	17.39%	17.27%	17.09%	17.44%	17.50%	17.58%	17.26%	16.14%	15.50%
No. of Shareholders	63,197	63,531	64,886	64,270	62,611	60,920	63,535	68,712	76,977	86,130	86,803	1,12,760

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Axis Small Cap Fund	7,939,846	3.62	648.09	7,939,846	2025-04-22 15:56:59	0%
Axis Flexi Cap Fund	3,639,344	2.67	297.06	3,639,344	2025-04-22 15:56:59	0%
SBI Small Cap Fund	3,435,013	1.22	280.38	3,435,013	2025-04-22 14:12:25	0%
Nippon India Small Cap Fund	1,509,548	0.3	123.22	1,509,548	2025-04-22 15:56:59	0%
ICICI Prudential Smallcap Fund	1,977,838	2.03	121.73	1,977,838	2025-04-22 15:56:59	0%
Axis Multicap Fund	1,444,946	2.55	117.94	1,444,946	2025-04-22 15:56:59	0%
UTI Value Fund	1,669,506	1.39	102.75	1,669,506	2025-04-22 15:56:59	0%
Aditya Birla Sun Life Multi-Cap Fund	1,203,857	2.1	98.26	1,203,857	2025-04-22 15:56:59	0%
Edelweiss Balanced Advantage Fund	1,070,000	0.9	87.34	1,070,000	2025-04-22 15:56:59	0%
Aditya Birla Sun Life Small Cap Fund	1,023,617	1.66	83.55	1,023,617	2025-04-22 15:54:45	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	19.56	12.64	3.67	-2.24	6.39
Diluted EPS (Rs.)	19.51	12.64	3.66	-2.24	6.34
Cash EPS (Rs.)	30.43	23.09	12.29	6.54	14.90
Book Value[Excl.RevalReserv]/Share (Rs.)	147.83	133.10	121.64	116.40	119.32
Book Value[Incl.RevalReserv]/Share (Rs.)	148.19	133.46	122.00	116.79	119.73
Revenue From Operations / Share (Rs.)	211.89	149.29	130.23	92.45	128.79
PBDIT / Share (Rs.)	58.93	42.37	36.18	25.24	34.87
PBIT / Share (Rs.)	45.85	28.74	20.95	14.01	25.47
PBT / Share (Rs.)	24.61	11.87	-0.77	-6.05	7.82
Net Profit / Share (Rs.)	17.35	9.45	-2.93	-4.69	5.50
NP After MI And SOA / Share (Rs.)	19.54	12.63	3.59	-2.20	6.39
PBDIT Margin (%)	27.81	28.38	27.77	27.30	27.07
PBIT Margin (%)	21.64	19.24	16.09	15.14	19.77
PBT Margin (%)	11.61	7.95	-0.59	-6.54	6.06
Net Profit Margin (%)	8.19	6.33	-2.24	-5.07	4.27
NP After MI And SOA Margin (%)	9.22	8.45	2.76	-2.37	4.96
Return on Networth / Equity (%)	12.87	9.18	2.92	-1.98	5.74
Return on Capital Employeed (%)	11.97	8.69	6.37	4.42	7.93
Return On Assets (%)	2.52	1.77	0.54	-0.33	1.06
Long Term Debt / Equity (X)	1.39	1.32	1.55	1.68	1.70
Total Debt / Equity (X)	1.52	1.43	1.71	1.71	1.72
Asset Turnover Ratio (%)	0.28	0.18	0.19	0.14	0.20
Current Ratio (X)	1.16	1.11	1.12	1.04	1.11
Quick Ratio (X)	0.30	0.27	0.30	0.21	0.19
Inventory Turnover Ratio (X)	0.02	0.00	0.01	0.01	0.01
Dividend Payout Ratio (NP) (%)	10.22	11.85	33.28	0.00	44.01
Dividend Payout Ratio (CP) (%)	6.12	5.70	6.35	0.00	17.81
Earning Retention Ratio (%)	89.78	88.15	66.72	0.00	55.99
Cash Earning Retention Ratio (%)	93.88	94.30	93.65	0.00	82.19
Interest Coverage Ratio (X)	2.77	2.25	1.88	1.53	2.09
Interest Coverage Ratio (Post Tax) (X)	1.82	1.40	0.97	0.93	1.39
Enterprise Value (Cr.)	25130.78	13910.61	15771.58	9380.40	6469.51
EV / Net Operating Revenue (X)	5.13	4.04	5.26	4.81	2.46
EV / EBITDA (X)	18.45	14.23	18.93	17.62	9.08
MarketCap / Net Operating Revenue (X)	4.42	3.18	3.97	2.98	1.02
Retention Ratios (%)	89.77	88.14	66.71	0.00	55.98
Price / BV (X)	6.16	3.45	4.21	2.49	1.19
Price / Net Operating Revenue (X)	4.42	3.18	3.97	2.98	1.02
EarningsYield	0.02	0.02	0.01	-0.01	0.04

After reviewing the key financial ratios for Brigade Enterprises Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
For Basic EPS (Rs.), as of Mar 24, the value is 19.56. This value is within the healthy range. It has increased from 12.64 (Mar 23) to 19.56, marking an increase of 6.92.
For Diluted EPS (Rs.), as of Mar 24, the value is 19.51. This value is within the healthy range. It has increased from 12.64 (Mar 23) to 19.51, marking an increase of 6.87.
For Cash EPS (Rs.), as of Mar 24, the value is 30.43. This value is within the healthy range. It has increased from 23.09 (Mar 23) to 30.43, marking an increase of 7.34.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 147.83. It has increased from 133.10 (Mar 23) to 147.83, marking an increase of 14.73.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 148.19. It has increased from 133.46 (Mar 23) to 148.19, marking an increase of 14.73.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 211.89. It has increased from 149.29 (Mar 23) to 211.89, marking an increase of 62.60.
For PBDIT / Share (Rs.), as of Mar 24, the value is 58.93. This value is within the healthy range. It has increased from 42.37 (Mar 23) to 58.93, marking an increase of 16.56.
For PBIT / Share (Rs.), as of Mar 24, the value is 45.85. This value is within the healthy range. It has increased from 28.74 (Mar 23) to 45.85, marking an increase of 17.11.
For PBT / Share (Rs.), as of Mar 24, the value is 24.61. This value is within the healthy range. It has increased from 11.87 (Mar 23) to 24.61, marking an increase of 12.74.
For Net Profit / Share (Rs.), as of Mar 24, the value is 17.35. This value is within the healthy range. It has increased from 9.45 (Mar 23) to 17.35, marking an increase of 7.90.
For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 19.54. This value is within the healthy range. It has increased from 12.63 (Mar 23) to 19.54, marking an increase of 6.91.
For PBDIT Margin (%), as of Mar 24, the value is 27.81. This value is within the healthy range. It has decreased from 28.38 (Mar 23) to 27.81, marking a decrease of 0.57.
For PBIT Margin (%), as of Mar 24, the value is 21.64. This value exceeds the healthy maximum of 20. It has increased from 19.24 (Mar 23) to 21.64, marking an increase of 2.40.
For PBT Margin (%), as of Mar 24, the value is 11.61. This value is within the healthy range. It has increased from 7.95 (Mar 23) to 11.61, marking an increase of 3.66.
For Net Profit Margin (%), as of Mar 24, the value is 8.19. This value is within the healthy range. It has increased from 6.33 (Mar 23) to 8.19, marking an increase of 1.86.
For NP After MI And SOA Margin (%), as of Mar 24, the value is 9.22. This value is within the healthy range. It has increased from 8.45 (Mar 23) to 9.22, marking an increase of 0.77.
For Return on Networth / Equity (%), as of Mar 24, the value is 12.87. This value is below the healthy minimum of 15. It has increased from 9.18 (Mar 23) to 12.87, marking an increase of 3.69.
For Return on Capital Employeed (%), as of Mar 24, the value is 11.97. This value is within the healthy range. It has increased from 8.69 (Mar 23) to 11.97, marking an increase of 3.28.
For Return On Assets (%), as of Mar 24, the value is 2.52. This value is below the healthy minimum of 5. It has increased from 1.77 (Mar 23) to 2.52, marking an increase of 0.75.
For Long Term Debt / Equity (X), as of Mar 24, the value is 1.39. This value exceeds the healthy maximum of 1. It has increased from 1.32 (Mar 23) to 1.39, marking an increase of 0.07.
For Total Debt / Equity (X), as of Mar 24, the value is 1.52. This value exceeds the healthy maximum of 1. It has increased from 1.43 (Mar 23) to 1.52, marking an increase of 0.09.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.28. It has increased from 0.18 (Mar 23) to 0.28, marking an increase of 0.10.
For Current Ratio (X), as of Mar 24, the value is 1.16. This value is below the healthy minimum of 1.5. It has increased from 1.11 (Mar 23) to 1.16, marking an increase of 0.05.
For Quick Ratio (X), as of Mar 24, the value is 0.30. This value is below the healthy minimum of 1. It has increased from 0.27 (Mar 23) to 0.30, marking an increase of 0.03.
For Inventory Turnover Ratio (X), as of Mar 24, the value is 0.02. This value is below the healthy minimum of 4. It has increased from 0.00 (Mar 23) to 0.02, marking an increase of 0.02.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 10.22. This value is below the healthy minimum of 20. It has decreased from 11.85 (Mar 23) to 10.22, marking a decrease of 1.63.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 6.12. This value is below the healthy minimum of 20. It has increased from 5.70 (Mar 23) to 6.12, marking an increase of 0.42.
For Earning Retention Ratio (%), as of Mar 24, the value is 89.78. This value exceeds the healthy maximum of 70. It has increased from 88.15 (Mar 23) to 89.78, marking an increase of 1.63.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 93.88. This value exceeds the healthy maximum of 70. It has decreased from 94.30 (Mar 23) to 93.88, marking a decrease of 0.42.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.77. This value is below the healthy minimum of 3. It has increased from 2.25 (Mar 23) to 2.77, marking an increase of 0.52.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.82. This value is below the healthy minimum of 3. It has increased from 1.40 (Mar 23) to 1.82, marking an increase of 0.42.
For Enterprise Value (Cr.), as of Mar 24, the value is 25,130.78. It has increased from 13,910.61 (Mar 23) to 25,130.78, marking an increase of 11,220.17.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 5.13. This value exceeds the healthy maximum of 3. It has increased from 4.04 (Mar 23) to 5.13, marking an increase of 1.09.
For EV / EBITDA (X), as of Mar 24, the value is 18.45. This value exceeds the healthy maximum of 15. It has increased from 14.23 (Mar 23) to 18.45, marking an increase of 4.22.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 4.42. This value exceeds the healthy maximum of 3. It has increased from 3.18 (Mar 23) to 4.42, marking an increase of 1.24.
For Retention Ratios (%), as of Mar 24, the value is 89.77. This value exceeds the healthy maximum of 70. It has increased from 88.14 (Mar 23) to 89.77, marking an increase of 1.63.
For Price / BV (X), as of Mar 24, the value is 6.16. This value exceeds the healthy maximum of 3. It has increased from 3.45 (Mar 23) to 6.16, marking an increase of 2.71.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 4.42. This value exceeds the healthy maximum of 3. It has increased from 3.18 (Mar 23) to 4.42, marking an increase of 1.24.
For EarningsYield, as of Mar 24, the value is 0.02. This value is below the healthy minimum of 5. There is no change compared to the previous period (Mar 23) which recorded 0.02.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Brigade Enterprises Ltd as of June 24, 2025 is: 1,108.20

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 24, 2025, Brigade Enterprises Ltd is Overvalued by 2.96% compared to the current share price 1,142.00

Intrinsic Value of Brigade Enterprises Ltd as of June 24, 2025 is: 2,206.05

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 24, 2025, Brigade Enterprises Ltd is Undervalued by 93.17% compared to the current share price 1,142.00

Last 5 Year EPS CAGR: 99.07%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has shown consistent growth in sales (81.00 cr) and profit (259.58 cr) over the years.	The stock has a low average ROCE of 9.25%, which may not be favorable. The stock has a high average Working Capital Days of 46.17, which may not be favorable. The stock has a high average Cash Conversion Cycle of 7.92, which may not be favorable. The company has higher borrowings (3,741.25) compared to reserves (2,360.17), which may suggest financial risk.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Brigade Enterprises Ltd:
1. Net Profit Margin: 8.19%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 11.97% (Industry Average ROCE: 12.22%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 12.87% (Industry Average ROE: 10.53%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.82
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 0.3
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 41 (Industry average Stock P/E: 51.75)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 1.52
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Brigade Enterprises Ltd. is a Public Limited Listed company incorporated on 08/11/1995 and has its registered office in the State of Karnataka, India. Company's Corporate Identification Number(CIN) is L85110KA1995PLC019126 and registration number is 019126. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company's Total Operating Revenue is Rs. 2116.93 Cr. and Equity Capital is Rs. 244.37 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Realty	29th & 30th Floor, World Trade Center, Brigade Gateway Campus, Bengaluru Karnataka 560055	investors@brigadegroup.com http://www.brigadegroup.com

Management
Name	Position Held
Mr. M R Jaishankar	Executive Chairman
Ms. Pavitra Shankar	Managing Director
Mr. Nirupa Shankar	Joint Managing Director
Mr. Roshin Mathew	Executive Director
Mr. Pradyumna Krishna Kumar	Executive Director
Mr. Amar Mysore	Executive Director
Mr. Velloor Venkatakrishnan Ranganathan	Independent Director
Mr. Aroon Raman	Vice Chairman, Non Exe. & Ind.Director
Mr. Bijou Kurien	Independent Director
Ms. Lakshmi Venkatachalam	Independent Director
Mr. Pradeep Kumar Panja	Independent Director
Dr. Venkatesh Panchapagesan	Independent Director
Mr. Abraham Stephanos	Independent Director

FAQ

What is the intrinsic value of Brigade Enterprises Ltd?

Brigade Enterprises Ltd's intrinsic value (as of 24 June 2025) is ₹1108.20 — 2.96% lower the current market price of 1,142.00, indicating overvalued. Calculated using the PE ratio method, this valuation considers the company's 27,889 Cr. market cap, FY2025-2026 high/low of ₹1,453/813, reserves of 5,394 Cr, and liabilities of 22,090 Cr.

What is the Market Cap of Brigade Enterprises Ltd?

The Market Cap of Brigade Enterprises Ltd is 27,889 Cr..

What is the current Stock Price of Brigade Enterprises Ltd as on 24 June 2025?

The current stock price of Brigade Enterprises Ltd as on 24 June 2025 is 1,142.

What is the High / Low of Brigade Enterprises Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Brigade Enterprises Ltd stocks is ₹1,453/813.

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

The Stock P/E of Brigade Enterprises Ltd is 41.0.

What is the Book Value of Brigade Enterprises Ltd?

The Book Value of Brigade Enterprises Ltd is 231.

What is the Dividend Yield of Brigade Enterprises Ltd?

The Dividend Yield of Brigade Enterprises Ltd is 0.18 %.

What is the ROCE of Brigade Enterprises Ltd?

The ROCE of Brigade Enterprises Ltd is 13.4 %.

What is the ROE of Brigade Enterprises Ltd?

The ROE of Brigade Enterprises Ltd is 14.6 %.

What is the Face Value of Brigade Enterprises Ltd?

The Face Value of Brigade Enterprises Ltd is 10.0.