Brigade Enterprises
Market Cap
₹55.9b
Last Updated
2021/01/16 12:26 UTC
Data Sources
Company Financials +
Executive Summary
Brigade Enterprises Limited provides real estate development, leasing, and hospitality and related services in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with imperfect balance sheet.
Similar Companies
Share Price & News
How has Brigade Enterprises's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 532929 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 532929's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
2.5%
532929
2.5%
IN Real Estate
-0.3%
IN Market
1 Year Return
16.9%
532929
4.8%
IN Real Estate
15.9%
IN Market
Return vs Industry: 532929 exceeded the Indian Real Estate industry which returned 4.9% over the past year.
Return vs Market: 532929 matched the Indian Market which returned 15.9% over the past year.
Shareholder returns
| 532929 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.5% | 2.5% | -0.3% |
| 30 Day | 8.7% | 10.3% | 4.9% |
| 90 Day | 68.6% | 52.3% | 24.5% |
| 1 Year | 17.6%16.9% | 5.7%4.8% | 18.0%15.9% |
| 3 Year | 41.8%38.5% | -1.0%-3.3% | 9.7%4.4% |
| 5 Year | 209.7%195.3% | 123.1%114.6% | 82.1%68.4% |
Long-Term Price Volatility Vs. Market
How volatile is Brigade Enterprises's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Brigade Enterprises Limited (BOM:532929) Delivered A Better ROE Than The Industry, Here’s WhyValuation
Is Brigade Enterprises undervalued compared to its fair value and its price relative to the market?
2.47x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 532929 (₹268.55) is trading above our estimate of fair value (₹202.24)
Significantly Below Fair Value: 532929 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 532929 is unprofitable, so we can't compare its PE Ratio to the IN Real Estate industry average.
PE vs Market: 532929 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 532929's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 532929 is overvalued based on its PB Ratio (2.5x) compared to the IN Real Estate industry average (0.7x).
Next Steps
Future Growth
How is Brigade Enterprises forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
116.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532929 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (7%).
Earnings vs Market: 532929 is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: 532929's is expected to become profitable in the next 3 years.
Revenue vs Market: 532929's revenue (26.2% per year) is forecast to grow faster than the Indian market (11.7% per year).
High Growth Revenue: 532929's revenue (26.2% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 532929's Return on Equity is forecast to be low in 3 years time (8.7%).
Next Steps
Past Performance
How has Brigade Enterprises performed over the past 5 years?
-1.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 532929 is currently unprofitable.
Growing Profit Margin: 532929 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 532929 is unprofitable, and losses have increased over the past 5 years at a rate of 1.2% per year.
Accelerating Growth: Unable to compare 532929's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 532929 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-4%).
Return on Equity
High ROE: 532929 has a negative Return on Equity (-2.72%), as it is currently unprofitable.
Next Steps
Financial Health
How is Brigade Enterprises's financial position?
Financial Position Analysis
Short Term Liabilities: 532929's short term assets (₹65.8B) exceed its short term liabilities (₹60.5B).
Long Term Liabilities: 532929's short term assets (₹65.8B) exceed its long term liabilities (₹43.4B).
Debt to Equity History and Analysis
Debt Level: 532929's debt to equity ratio (170.5%) is considered high.
Reducing Debt: 532929's debt to equity ratio has increased from 69% to 170.5% over the past 5 years.
Debt Coverage: 532929's debt is not well covered by operating cash flow (12%).
Interest Coverage: 532929 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Brigade Enterprises's current dividend yield, its reliability and sustainability?
0.37%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 532929's dividend (0.37%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.44%).
High Dividend: 532929's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (1.81%).
Stability and Growth of Payments
Stable Dividend: 532929's dividend payments have been volatile in the past 10 years.
Growing Dividend: 532929's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: Unable to calculate sustainability of dividends as 532929 has not reported any payouts.
Future Payout to Shareholders
Future Dividend Coverage: 532929's dividends in 3 years are forecast to be well covered by earnings (15.4% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.2yrs
Average management tenure
CEO
Mysore Jaishankar (66 yo)
8.75yrs
Tenure
₹68,900,000
Compensation
Mr. Mysore Ramachandrasetty Jaishankar has been the Chairman and Managing Director of Brigade Enterprises Limited since April 01, 2012. Mr. Jaishankar has 21 years of experience in real estate industry. He...
CEO Compensation Analysis
Compensation vs Market: Mysore's total compensation ($USD941.91K) is above average for companies of similar size in the Indian market ($USD400.54K).
Compensation vs Earnings: Mysore's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.75yrs | ₹68.90m | 18.59% ₹ 10.4b | |
| Chief Financial Officer | 2.42yrs | ₹20.00m | no data | |
| Compliance Officer & Company Secretary | no data | ₹5.10m | 0.019% ₹ 10.6m | |
| Whole-Time Director & President of Engineering | 1.17yrs | ₹6.70m | 0.019% ₹ 10.7m | |
| Executive Director | 2.67yrs | ₹5.30m | 6.72% ₹ 3.8b | |
| Executive Officer | no data | ₹900.00k | no data | |
| Executive Director | 2.67yrs | ₹5.40m | 0.93% ₹ 521.2m | |
| Executive Director | 2.67yrs | ₹5.20m | no data | |
| Executive Officer | 3.17yrs | ₹800.00k | no data | |
| Executive Officer | no data | ₹1.30m | no data | |
| Executive Officer | no data | ₹1.20m | no data | |
| Executive Officer | no data | ₹2.20m | no data |
3.2yrs
Average Tenure
44yo
Average Age
Experienced Management: 532929's management team is considered experienced (3.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & MD | 8.75yrs | ₹68.90m | 18.59% ₹ 10.4b | |
| Whole-Time Director & President of Engineering | 1.17yrs | ₹6.70m | 0.019% ₹ 10.7m | |
| Executive Director | 2.67yrs | ₹5.30m | 6.72% ₹ 3.8b | |
| Executive Director | 2.67yrs | ₹5.40m | 0.93% ₹ 521.2m | |
| Executive Director | 2.67yrs | ₹5.20m | no data | |
| Independent Non-Executive Director | 6yrs | ₹1.42m | no data | |
| Independent Non-Executive Director | 2.67yrs | ₹1.36m | no data | |
| Independent Non-Executive Director | 7.25yrs | ₹1.39m | no data | |
| Independent Non-Executive Director | 4.92yrs | ₹1.35m | no data | |
| Independent Non-Executive Director | 2.67yrs | ₹1.38m | no data |
2.7yrs
Average Tenure
59yo
Average Age
Experienced Board: 532929's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 532929 insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Brigade Enterprises Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Brigade Enterprises Limited
- Ticker: 532929
- Exchange: BSE
- Founded: 1986
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: ₹55.935b
- Shares outstanding: 208.29m
- Website: https://www.brigadegroup.com
Number of Employees
Location
- Brigade Enterprises Limited
- World Trade Center
- 29th & 30th Floors
- Bengaluru
- Karnataka
- 560055
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532929 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jan 2008 |
| BRIGADE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jan 2008 |
Biography
Brigade Enterprises Limited provides real estate development, leasing, and hospitality and related services in India. The company operates in three segments: Real Estate, Hospitality, and Leasing. The Real...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 12:26 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.