Brigade Enterprises Limited (BRIGADE) AI Stock Analysis

• Market Cap: ₹206.00B
• Dividend Yield: 0.28%
• Average Volume (3M): 16.50K
• Price to Earnings (P/E): 25.9
• Beta (1Y): 1.48
• Revenue Growth: 11.20%
• EPS Growth: 57.52%
• Country: IN
• Employees: 859
• Sector: Real Estate
• Sector Strength: 53
• Industry: Real Estate - Development
• EPS (TTM): 6.70
• Shares Outstanding: 244,498,280
• 10 Day Avg. Volume: 13,596
• 30 Day Avg. Volume: 16,500
• PEG Ratio: 0.71
• Price to Book (P/B): 4.06
• Price to Sales (P/S): 4.52
• P/FCF Ratio: 64.39
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹1,310.00
• Price Target Upside: 45.24% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 62 Neutral
• Price Target: ₹913.00 ▲(1.23% Upside)

Brigade Enterprises Limited's overall stock score is driven primarily by its strong financial performance, which is offset by weak technical indicators suggesting bearish momentum. The valuation is moderate, providing a balanced view of the stock's potential. The absence of earnings call data and notable corporate events means these factors do not influence the score.

Positive Factors

Revenue Growth

The significant revenue growth indicates a robust expansion trajectory, suggesting strong demand for Brigade's diverse real estate offerings and effective market penetration.

Cash Flow Management

Efficient cash generation supports Brigade's ability to invest in new projects and maintain financial flexibility, crucial for long-term growth and stability in the real estate sector.

Profitability Margins

Improved profitability margins reflect efficient operational performance, enhancing Brigade's ability to reinvest in growth opportunities and sustain competitive positioning.

Negative Factors

Leverage Management

While the debt-to-equity ratio is moderate, careful management of leverage is essential to prevent financial strain and ensure long-term stability, especially in a capital-intensive industry like real estate.

Capital Expenditure Vigilance

High capital expenditures can strain cash flow, necessitating careful planning to ensure investments do not compromise financial health and free cash flow sustainability.

Revenue Growth Reliance

Over-reliance on revenue growth without maintaining margin sustainability can lead to financial instability, necessitating a balanced approach to growth and profitability.

Brigade Enterprises Limited Business Overview & Revenue Model

Company Description

Brigade Enterprises Limited provides real estate development, leasing, and related services in India. The company operates through Real Estate, Hospitality, and Leasing segments. The Real Estate segment develops and sells various residential and commercial properties. The Hospitality segment develops and manages hospitality projects, including serviced residence facilities, clubs, hotels, resorts, and convention centers. This segment also provides celebrations catering and event services. The Leasing segment is involved in leasing office and retail spaces. Brigade Enterprises Limited was founded in 1986 and is headquartered in Bengaluru, India.

How the Company Makes Money

Brigade Enterprises generates revenue through multiple channels primarily centered on real estate development. The company earns money by selling residential and commercial properties, which is its primary revenue stream. Additionally, Brigade generates income through leasing office and retail spaces, which provides a steady flow of rental income. The company also invests in hospitality, operating hotels and resorts that contribute to its earnings through room bookings and associated services. Significant partnerships with financial institutions for funding projects and collaborations with other developers enhance Brigade's capability to undertake large-scale projects, thereby increasing its revenue potential.

Brigade Enterprises Limited Financial Statement Overview

Summary

Brigade Enterprises Limited exhibits strong financial performance with robust revenue and profit growth, efficient operational margins, and prudent balance sheet management. The company's ability to generate strong cash flows further strengthens its financial position, though careful management of leverage and capital expenditure is essential to sustain long-term growth and stability.

Income Statement

Brigade Enterprises Limited has demonstrated strong revenue growth with a significant increase from the previous year, showing a robust expansion trajectory. The gross profit margin and net profit margin have improved, indicating enhanced profitability. EBIT and EBITDA margins are healthy, reflecting efficient operational performance. However, the reliance on revenue growth should be monitored to ensure margins remain sustainable.

Balance Sheet

The company's balance sheet reflects a moderate debt-to-equity ratio, indicating a balanced approach to leveraging. The return on equity is commendable, demonstrating effective use of equity capital to generate profits. The equity ratio is stable, highlighting a sound capital structure. Nonetheless, maintaining debt levels in check will be crucial for future stability.

Cash Flow

Cash flow analysis reveals strong operating cash flow relative to net income, indicating efficient cash generation from operations. Free cash flow has shown significant growth, supporting investments and financial flexibility. The conversion ratios exhibit effective cash flow management, though continued vigilance on capital expenditures is necessary to sustain free cash flow growth.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	52.78B	50.74B	48.97B	34.45B	29.99B	19.50B
Gross Profit	27.16B	26.25B	20.69B	15.95B	13.61B	8.59B
EBITDA	14.40B	14.18B	11.96B	8.56B	7.64B	4.67B
Net Income	7.52B	6.86B	4.52B	2.91B	827.70M	-463.20M
Balance Sheet
Total Assets	0.00	220.90B	178.86B	163.77B	151.58B	138.20B
Cash, Cash Equivalents and Short-Term Investments	32.97B	32.98B	18.95B	15.49B	14.21B	5.48B
Total Debt	0.00	54.64B	54.70B	46.34B	49.06B	50.05B
Total Liabilities	-59.15B	161.75B	143.28B	132.34B	122.80B	113.57B
Stockholders Equity	59.15B	56.38B	36.49B	32.45B	29.10B	23.48B
Cash Flow
Free Cash Flow	-3.88B	3.56B	654.30M	6.44B	8.24B	3.08B
Operating Cash Flow	-368.60M	9.95B	3.34B	9.66B	10.32B	8.03B
Investing Cash Flow	11.17B	-5.90B	-3.79B	-2.71B	-9.71B	-7.48B
Financing Cash Flow	751.20M	8.60B	2.41B	-6.95B	333.70M	297.40M

Brigade Enterprises Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 901.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BRIGADE, the sentiment is Negative. The current price of 901.95 is above the 20-day moving average (MA) of 875.44, above the 50-day MA of 898.43, and below the 200-day MA of 990.65, indicating a bearish trend. The MACD of -9.43 indicates Positive momentum. The RSI at 36.66 is Neutral, neither overbought nor oversold. The STOCH value of 26.01 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BRIGADE.

Brigade Enterprises Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
OBEROIRLTY	68 Neutral	₹598.98B	26.82	―	0.48%	2.76%	-3.84%
LODHA	65 Neutral	₹1.06T	31.71	―	0.39%	25.57%	58.31%
Sector *	65 Neutral	$2.17B	12.19	3.79%	4.94%	3.15%	1.96%
BRIGADE	62 Neutral	₹206.00B	25.88	―	0.28%	11.20%	57.52%
SOBHA	58 Neutral	₹165.53B	111.32	―	0.20%	56.34%	152.41%
ANANTRAJ	57 Neutral	₹198.98B	38.46	―	0.13%	26.32%	41.66%
GODREJPROP	55 Neutral	₹563.75B	36.06	―	―	37.14%	3.92%

Brigade Enterprises Limited Corporate Events

Brigade Enterprises Announces Trading Window Closure Ahead of Q3 FY2025 Results

Brigade Enterprises Limited has notified the stock exchanges that its trading window for designated persons and their immediate relatives will be closed from 1 January 2026 until 48 hours after the announcement of its financial results for the third quarter and nine-month period ending 31 December 2025. The company stated that the timing of the board meeting to consider and approve these results will be communicated separately, and emphasized that the trading window closure is in compliance with SEBI’s Prohibition of Insider Trading Regulations and the company’s internal code for preventing insider trading in its securities.

Brigade Enterprises Faces Income Tax Survey, Operations Unaffected

Brigade Enterprises Limited announced that the Income Tax Department conducted a survey at its registered office and other locations from December 9 to December 13, 2025. The company cooperated fully with the authorities, ensuring that its business operations remained unaffected during the survey. The financial impact of the survey, if any, is currently undetermined.

Brigade Enterprises Appoints New Independent Director via Postal Ballot

Brigade Enterprises Limited announced the successful passing of a resolution to appoint Mr. Debashis Chatterjee as an Independent Director through a Postal Ballot conducted via remote e-voting. This decision, supported by a majority of the company’s members, reflects the company’s commitment to strengthening its board with experienced leadership, potentially enhancing its strategic direction and governance.

Brigade Enterprises Passes Special Resolution via E-Voting

Brigade Enterprises Limited announced the successful passing of a special resolution by its shareholders through a postal ballot conducted via remote e-voting. This process, which adhered to regulatory requirements, reflects the company’s commitment to transparent governance and could enhance its operational efficiency, potentially impacting its market position positively.

Brigade Group Expands in Hyderabad with New Residential Project

Brigade Enterprises Limited has announced a Joint Development Agreement for a premium residential project in Begumpet, Hyderabad, marking a strategic expansion in the Telangana market. The project, set on approximately 3 acres, will offer around 0.5 million sq. ft. of development potential with an estimated revenue exceeding ₹800 Crores. This initiative underscores Brigade’s commitment to creating high-quality urban living spaces with seamless access to business hubs and infrastructure, further strengthening its presence in Hyderabad’s residential sector.

Brigade Group Expands in Hyderabad with New Residential Project

Brigade Enterprises Limited has announced a joint development agreement for a premium residential project in Begumpet, Hyderabad, marking a strategic expansion in the Telangana market. The project, set on approximately 3 acres, will offer 0.5 million sq. ft. of development potential with an estimated revenue exceeding ₹800 Crores. This initiative underscores Brigade’s commitment to creating high-quality urban living spaces and strengthening its presence in Hyderabad’s residential sector, contributing to the city’s evolving skyline.

Brigade Enterprises to Engage with Investors at Elara India Conference 2025

Brigade Enterprises Limited has announced its participation in the Elara India Conference – Far-East Edition 2025, scheduled to take place in Singapore and Hong Kong. The company aims to engage with investors and analysts through group and one-on-one meetings, potentially impacting its investor relations and market positioning.

Brigade Enterprises Expands IT Infrastructure with New Lease in Kerala

Brigade Enterprises Limited has signed a 90-year lease for 4.859 acres of land with Electronics Technology Parks in Thiruvananthapuram, Kerala. The development will include a World Trade Center with A Grade office space and a five-star hotel, enhancing the company’s presence in the IT infrastructure sector and potentially boosting its market positioning.

Brigade Enterprises Expands Share Capital Through ESOP Allotment

Brigade Enterprises Limited announced the allotment of 15,233 equity shares as approved by its Nomination and Remuneration Committee. This allotment, under the company’s Employee Stock Option Plans of 2017 and 2022, has resulted in an increase in the company’s paid-up share capital, reflecting its commitment to employee incentives and growth.