āagman

Not investment advice. Data and computed figures, for information only.

Brigade Enterprises Ltd

NSE: BRIGADE
₹581.45
−₹3.40 (−0.58%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹17,905 Cr
CMP
₹581.45
52-wk High / Low
₹1,069 / 493
P/E
26.3
P/B
2.6
Book Value
₹209.0
Div Yield
0.36%
ROCE
11.0%
ROE
10.5%
Face Value
₹10
D/E
0.93

Price−38.3% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
1
/ 9
1 of 9 F-score tests passed
Graham Number
₹305
√(22.5 × EPS × book value per share)
ROIC
6.8%
vs 4.1% sector median
Cash flow to profit
−0.19
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+713
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
9.5%
ROE × earnings retention ratio
ROE stability
5.3
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom −0.01FII −1.12DII +0.72
Latest quarter vs the previous one
Cash-accrual divergence
3.6%
of assets
Low = accruals track cash flow
Strengths
+ROCE has stayed above the sector median for 5 consecutive years (weakest: 6% vs the 2022 sector median of 5%)
+FII holding rose by 1.3pp over the last year
+PE of 26.3x is below the sector median of 36.4x
Watch-outs
−Borrowings are up 158.0% since FY2016 (2459 to 6344)
−Price trades below its 200-day moving average (0.9x)
−Price is 45.6% below its 52-week high
−Promoter holding fell by 2.7pp over the last year
−Piotroski F-Score of 1/9 is in the weak band (≤3)

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales6541,3671,1741,7021,0781,0721,4641,4601,2811,3831,5751,4581,116
Expenses4791,0429121,2707857801,0501,0449581,0561,1641,093755
Operating Profit175325262433293292414416323328411365361
OPM %26.8%23.8%22.3%25.4%27.2%27.2%28.3%28.5%25.2%23.7%26.1%25.0%32.3%
Other Income314134603666667252462972107
Interest10811013513815212311410710610290112109
Depreciation68768276686976767676808073
Profit before tax3018079279108166289306194196270245285
Net Profit221125621181115236249158170206191217
EPS (₹)1.254.342.396.692.723.657.257.584.604.985.724.466.14

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,3112,0382,0241,8972,9732,6321,9502,9993,4454,8975,0745,6975,532
Expenses9281,5481,4441,3412,1741,9651,4742,2292,5783,6953,6544,2644,068
Operating Profit3834905805577996674767708661,2021,4211,4331,464
OPM %29.2%24.0%28.7%29.4%26.9%25.3%24.4%25.7%25.1%24.5%28.0%25.2%26.5%
Other Income203429364727−179161160233193254
Interest131199246259278340347444434491495409413
Depreciation99106123138140192237351315302289312310
Profit before tax172219240196427161−125−15278569869904995
Net Profit116139167133282114−96−65222401680725784
EPS (₹)4.225.476.735.128.814.79−1.652.709.4714.6621.0519.7621.30

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 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—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity49026339398494674658031,032966334995−137
Cash from Investing Activity−234−384−948−335−1,084−452−717−748−971−271−379−590−1,436
Cash from Financing Activity−262373631−581,032453213033−695241860942
Net Cash Flow−516215−46069849411951,265−631

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %10.011.012.011.09.012.08.04.06.08.013.013.011.0
ROE %————————————10.5
EPS (₹)5.464.225.476.735.128.814.79−1.652.709.4714.6621.0519.76
Book Value (₹)————————————209.0
Face Value (₹)————————————10
P/E————————————26.3
Div Yield %————————————0.36
NPM %9.58.76.78.16.99.34.3−5.0−2.26.27.912.812.3
OPM %32.029.024.029.029.027.025.024.026.025.025.028.025.0
D/E0.801.231.601.521.481.751.982.131.691.431.500.970.93
P/B————————————2.6

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+11.0%
5 years+24.0%
3 years+18.0%
TTM+5.0%
Compounded profit growth
10 years+18.0%
5 years+89.0%
3 years+35.0%
TTM−9.0%
Stock price CAGR
10 years+20.0%
5 years+10.0%
3 years+6.0%
Last year−22.0%
Return on equity
10 years10.0%
5 years11.0%
3 years12.0%
Last year10.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters55.97%55.97%46.74%46.84%46.82%48.03%43.88%43.79%43.73%41.14%41.11%41.10%
FIIs3.04%3.04%13.00%12.49%11.85%11.82%13.64%14.31%14.86%20.21%16.75%15.63%
DIIs9.80%9.80%15.05%15.92%18.55%20.54%23.86%24.62%23.84%22.87%24.74%25.46%
Government————————————
Public31.20%31.20%25.21%24.75%22.79%19.61%18.62%17.27%17.58%15.77%17.40%17.80%
No. of shareholders54,18554,18554,47752,86351,67145,48563,19762,61176,9771,28,0081,59,2541,62,943
Change since Jun 2023 (pp)
Promoters −14.87FIIs +12.59DIIs +15.66Public −13.40

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement under Regulation 30 (LODR)-Press Release / Media ReleaseAnnouncement Under Regulation 30 - UpdatesClosure of Trading Window
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026TranscriptAug 2026PPTAug 2026RecordingMay 2026TranscriptMay 2026PPTMay 2026RecordingFeb 2026TranscriptFeb 2026PPTFeb 2026RecordingNov 2025TranscriptNov 2025PPTNov 2025RecordingAug 2025TranscriptAug 2025PPTAug 2025Recording

Corporate actions

As of 5 Aug 2026
5 Aug 2026DIVIDENDDividend - Rs 2 Per Share—
17 Jun 2026BONUSBonus 1:3—
13 Aug 2025DIVIDENDDividend - Rs 2.50 Per Share—
30 Jul 2024DIVIDENDDividend - Rs 2 Per Share—
31 Jul 2023DIVIDENDDividend - Rs 2 Per Share—
25 Jul 2022DIVIDENDDividend - Rs 1.50 Per Share—
2 Aug 2021DIVIDEND Dividend - Rs 1.20 Per Share—
23 Mar 2020DIVIDEND Interim Dividend - Re 1 Per Share—
28 Aug 2019BONUS Bonus 1:2—
26 Jul 2019DIVIDEND Dividend - Rs 2 Per Share—
2 Aug 2018DIVIDEND Dividend- Rs 2 Per Share—
13 Sep 2017DIVIDEND Dividend - Rs 2 Per Share/Special Dividend Re 0.50 Per Share—
22 Mar 2016DIVIDEND Interim Dividend - Rs 2/- Per Share (Purpose Revised)—
15 Sep 2015DIVIDEND Annual General Meeting/ Dividend - Rs 2/- Per Share—
25 Jul 2014DIVIDENDAnnual General Meeting/Dividend Rs:- 2/- Per Share—
22 Jul 2013DIVIDENDAnnual General Meeting / Dividend - Rs 1.50/- Per Share—
30 Jul 2012DIVIDENDAnnual General Meeting/ Dividend Rs. 1.50 Per Share—
1 Aug 2011DIVIDENDDividend-Rs.1.50 Per Share—
13 Jul 2010DIVIDENDDividend-Rs.1.20 Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman