Brigade Enterprises Ltd

About [ edit ]

Brigade Enterprises is engaged in the business of real estate development, leasing and related services.

  • Market Cap 5,382 Cr.
  • Current Price 256
  • High / Low 303 / 90.5
  • Stock P/E
  • Book Value 106
  • Dividend Yield 0.39 %
  • ROCE 8.24 %
  • ROE 6.55 %
  • Face Value 10.0

Pros

  • Company's median sales growth is 27.40% of last 10 years

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of 8.17% for last 3 years.
  • Debtor days have increased from 48.47 to 59.71 days.

Peer comparison

Sector: Realty Industry: Construction

Loading peers table ...

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020
434 699 826 688 760 709 735 552 636 203 311 645
299 520 607 512 545 526 545 397 501 156 223 496
Operating Profit 135 180 219 176 215 182 190 156 135 47 87 148
OPM % 31% 26% 26% 26% 28% 26% 26% 28% 21% 23% 28% 23%
Other Income 3 9 18 11 18 9 17 17 -12 11 12 -30
Interest 75 63 70 70 76 80 94 86 81 89 82 86
Depreciation 37 32 34 32 42 38 47 50 56 56 56 59
Profit before tax 26 94 133 85 115 73 66 36 -14 -86 -39 -27
Tax % 40% 33% 35% 30% 37% 37% 43% -14% 20% 26% 22% 20%
Net Profit 18 63 68 49 60 41 37 49 3 -53 -17 -16
EPS in Rs 0.88 3.09 3.34 2.39 2.92 2.02 1.83 2.41 0.13 -2.58 -0.83 -0.77

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 TTM
350 324 481 613 823 947 1,311 2,038 2,024 1,897 2,973 2,632 1,795
292 249 329 470 614 648 928 1,548 1,444 1,349 2,183 1,966 1,376
Operating Profit 58 75 152 143 209 298 383 490 580 548 790 667 418
OPM % 17% 23% 32% 23% 25% 32% 29% 24% 29% 29% 27% 25% 23%
Other Income 89 68 130 38 12 20 20 34 29 45 56 27 -19
Interest 46 74 99 60 90 113 131 199 246 259 278 340 337
Depreciation 15 21 20 53 77 82 99 106 123 138 140 192 227
Profit before tax 85 48 163 67 54 124 172 219 240 196 427 161 -165
Tax % -1% 2% 26% 15% -12% 28% 33% 37% 31% 32% 34% 29%
Net Profit 87 47 121 57 61 92 95 124 153 139 240 131 -83
EPS in Rs 5.15 2.82 7.16 3.38 3.64 5.46 5.63 7.30 8.98 6.82 11.74 6.39 -4.05
Dividend Payout % 16% 28% 14% 0% 28% 24% 24% 18% 19% 20% 11% 16%
Compounded Sales Growth
10 Years:23%
5 Years:15%
3 Years:9%
TTM:-35%
Compounded Profit Growth
10 Years:12%
5 Years:9%
3 Years:-2%
TTM:-133%
Stock Price CAGR
10 Years:15%
5 Years:22%
3 Years:15%
1 Year:75%
Return on Equity
10 Years:8%
5 Years:8%
3 Years:8%
Last Year:7%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Sep 2020
112 112 112 112 112 112 113 113 114 136 136 204 206
Reserves 885 917 1,012 1,054 1,100 1,168 1,244 1,425 1,581 2,151 2,033 2,077 2,033
Borrowings 540 767 920 851 1,057 1,021 1,663 2,459 2,576 3,390 3,785 4,522 4,129
385 382 593 720 688 1,040 1,278 2,000 2,079 2,133 4,845 5,448 6,395
Total Liabilities 1,923 2,178 2,638 2,738 2,957 3,341 4,298 5,997 6,350 7,810 10,800 12,251 12,763
141 174 395 508 1,053 1,227 1,362 340 1,431 1,805 2,277 2,998 2,898
CWIP 677 911 834 925 389 246 486 1,411 1,564 2,129 2,010 2,097 2,364
Investments 22 3 1 2 7 82 34 994 54 236 98 72 74
1,082 1,090 1,408 1,303 1,507 1,787 2,416 3,252 3,302 3,640 6,416 7,083 7,427
Total Assets 1,923 2,178 2,638 2,738 2,957 3,341 4,298 5,997 6,350 7,810 10,800 12,251 12,763

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
-202 106 30 249 29 490 26 339 398 49 467 465
43 -256 -70 -223 -84 -234 -384 -948 -335 -1,084 -452 -717
184 146 45 -23 54 -262 373 631 -58 1,032 45 321
Net Cash Flow 25 -4 5 4 -2 -5 16 21 5 -4 60 69

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 10% 7% 14% 6% 7% 10% 11% 12% 12% 9% 12% 8%
Debtor Days 5 9 12 21 9 14 4 8 7 34 52 60
Inventory Turnover 0.11 -0.00 -0.11 -0.02 0.20 0.04 -0.08 0.16 0.12 0.11 0.26 0.11

Shareholding Pattern

Numbers in percentages

Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021
46.72 46.77 46.85 46.84 46.84 46.83 46.83 46.82 46.82 47.33 47.79 48.03
13.42 12.55 12.56 12.49 12.49 12.50 12.76 11.85 11.95 11.36 11.68 11.82
15.71 15.87 15.80 15.92 15.98 16.69 16.79 18.55 19.69 20.55 20.89 20.54
24.15 24.80 24.79 24.75 24.69 23.97 23.62 22.79 21.54 20.76 19.64 19.61

Documents