BSE:532929

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Brigade Enterprises

Executive Summary

Brigade Enterprises Limited provides real estate development, leasing, and hospitality and related services in India. More Details


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

532929IndustryMarket
7 Day2.5%2.5%-0.3%
30 Day8.7%10.3%4.9%
90 Day68.6%52.3%24.5%
1 Year17.6%16.9%5.7%4.8%18.0%15.9%
3 Year41.8%38.5%-1.0%-3.3%9.7%4.4%
5 Year209.7%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

Valuation

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

NamePositionTenureCompensationOwnership
Mysore Jaishankar
Chairman & MD8.75yrs₹68.90m18.59%
₹ 10.4b
Atul Goyal
Chief Financial Officer2.42yrs₹20.00mno data
P. Prakash
Compliance Officer & Company Secretaryno data₹5.10m0.019%
₹ 10.6m
Roshin Mathew
Whole-Time Director & President of Engineering1.17yrs₹6.70m0.019%
₹ 10.7m
Nirupa Shankar
Executive Director2.67yrs₹5.30m6.72%
₹ 3.8b
Veerabhadra Khanure
Executive Officerno data₹900.00kno data
Amar Mysore
Executive Director2.67yrs₹5.40m0.93%
₹ 521.2m
Pavitra Shankar
Executive Director2.67yrs₹5.20mno data
Amrutha Bhaskar
Executive Officer3.17yrs₹800.00kno data
Ankit Garg
Executive Officerno data₹1.30mno data
Akanksha Bijawat
Executive Officerno data₹1.20mno data
T. Bhuvan
Executive Officerno data₹2.20mno data

3.2yrs

Average Tenure

44yo

Average Age

Experienced Management: 532929's management team is considered experienced (3.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mysore Jaishankar
Chairman & MD8.75yrs₹68.90m18.59%
₹ 10.4b
Roshin Mathew
Whole-Time Director & President of Engineering1.17yrs₹6.70m0.019%
₹ 10.7m
Nirupa Shankar
Executive Director2.67yrs₹5.30m6.72%
₹ 3.8b
Amar Mysore
Executive Director2.67yrs₹5.40m0.93%
₹ 521.2m
Pavitra Shankar
Executive Director2.67yrs₹5.20mno data
Bijou Kurien
Independent Non-Executive Director6yrs₹1.42mno data
Venkatesh Panchapagesan
Independent Non-Executive Director2.67yrs₹1.36mno data
Aroon Raman
Independent Non-Executive Director7.25yrs₹1.39mno data
Lakshmi Venkatachalam
Independent Non-Executive Director4.92yrs₹1.35mno data
Pradeep Panja
Independent Non-Executive Director2.67yrs₹1.38mno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532929BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2008
BRIGADENSEI (National Stock Exchange of India)YesEquity SharesININRJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/16 12:26
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.