South India-focused real estate developer building residential, office and hospitality properties, mainly in Bangalore.
South India-focused real estate developer building residential, office and hospitality properties, mainly in Bangalore.
Residential sales carry the business, with buyers paying in instalments as construction proceeds, while office and retail rentals add steadier income. It has expanded beyond Bangalore to Chennai and Hyderabad. Its hotels were placed in a separately listed company, Brigade Hotel Ventures, in 2024.
In one line: A regional South Indian real estate developer.
Moat: narrow (brand, scale). Established brand and execution track record in Bangalore's premium real estate market.
Headquarters: Bengaluru, India · Founded: 1986 · Employees: 5,876
Size Brigade Enterprises (BRIGADE.NS) is an India Real Estate company (Real Estate Development) with a market value of $1.93B, the 377th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹558.15 on 6 Nov 2026.
Performance Over six months the shares fell 3.7%, against -8.8% for the median peer and 0.0% for the India market (cap-weighted) — 5th highest of 20 in its peer set.
Growth Revenue fell 4.4% over the last twelve months (peer median +4.4%); the operating margin is 23.4% (peer median 14.1%).
Valuation It trades at 20.0× forward earnings against a peer median of 12.2× (3rd most expensive of 17).
Next results Next results expected around 4 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹53.4B | ₹57.0B | ₹50.7B | ₹49.0B | ₹34.4B |
| Revenue growth | — | +12% | +4% | +42% | — |
| Gross profit | ₹21.5B | ₹18.3B | ₹17.2B | ₹13.3B | ₹9.18B |
| EBITDA | ₹15.6B | ₹14.6B | ₹14.4B | ₹12.1B | ₹8.70B |
| Net income | ₹7.26B | ₹6.44B | ₹6.86B | ₹4.52B | ₹2.91B |
| Free cash flow | n/a | -₹21.7B | ₹494M | -₹4.23B | ₹3.04B |
| Capital expenditure | n/a | ₹17.4B | ₹6.39B | ₹2.69B | ₹3.24B |
| Total debt | ₹65.6B | ₹63.4B | ₹54.6B | ₹54.7B | ₹46.3B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Brigade Enterprises BRIGADE.NS | $1.93B | -4% | -4% | 23% | 20.0× | n/a |
| Sobha SOBHA.NS | $1.44B | -12% | +10% | 4% | 29.9× | n/a |
| Prestige Estates Projects PRESTIGE.NS | $7.42B | +10% | +66% | 24% | 38.5× | n/a |
| Godrej Properties GODREJPROP.NS | $5.77B | -4% | +17% | 21% | 24.5× | n/a |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | BRIGADE.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.7% | +0.8% | 11th highest of 21 |
| 6-month return | -3.7% | -8.8% | 5th highest of 20 |
| Distance from 52-week high | -30.4% | -19.5% | 7th lowest of 21 |
| Revenue growth (TTM) | -4.4% | +4.4% | 9th lowest of 20 |
| Operating margin | 23.4% | 14.1% | 9th highest of 21 |
| Forward P/E | 20.0× | 12.2× | 3rd most expensive of 17 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Brigade Enterprises BRIGADE.NS | India | $1.93B | -4% | -4% | 23% | 20.0× | n/a | n/a |
| Poly Property Services 6049.HK | Hong Kong | $1.92B | -14% | +8% | 11% | 7.9× | n/a | n/a |
| Entra ENTRA.OL | Norway | $1.95B | -4% | -9% | 82% | 15.2× | n/a | n/a |
| Zhaojin International Gold 000506.SZ | China | $1.95B | -13% | +42% | 27% | n/a | n/a | n/a |
| Argan ARG.PA | France | $1.95B | +14% | +5% | 78% | 11.2× | n/a | n/a |
| Metrovacesa MVC.MC | Spain | $1.95B | -5% | +58% | 13% | 26.4× | n/a | n/a |
| Shanghai Industrial 0363.HK | Hong Kong | $1.89B | -14% | -28% | 15% | 7.1× | n/a | n/a |
| China Enterprise 600675.SS | China | $1.98B | -15% | -35% | 4% | n/a | n/a | n/a |
| Inmocemento IMC.MC | Spain | $1.88B | -4% | +10% | 29% | n/a | n/a | n/a |
| Leopalace21 8848.T | Japan | $1.99B | +52% | +3% | 8% | 13.0× | n/a | n/a |
| Nanjing Gaoke 600064.SS | China | $2.00B | -4% | +4% | -18% | 5.8× | n/a | n/a |
| Fabege FABG.ST | Sweden | $2.02B | -16% | +27% | 59% | 14.7× | n/a | n/a |
| Grainger GRI.L | United Kingdom | $1.83B | +19% | -23% | 49% | 19.8× | n/a | n/a |
| Neinor Homes HOME.MC | Spain | $2.04B | +10% | +165% | 10% | 13.0× | n/a | n/a |
| Intershop ISN.SW | Switzerland | $1.82B | -9% | +5% | 79% | 18.5× | n/a | n/a |
| Altarea SCA ALTA.PA | France | $2.05B | -31% | -20% | 9% | 9.9× | n/a | n/a |
| PPI Public Property Invest PUBLI.ST | Sweden | $1.78B | n/a | n/a | 70% | n/a | n/a | n/a |
| China Jinmao 0817.HK | Hong Kong | $1.77B | -45% | -8% | 5% | 9.9× | n/a | n/a |
| Winnovation Culturaltainment Development Limited 000620.SZ | China | $2.12B | -6% | +14% | -39% | 66.0× | n/a | n/a |
| China-Singapore Suzhou Industrial Park Development 601512.SS | China | $1.75B | -23% | -32% | 22% | 10.8× | n/a | n/a |
| GuocoLand F17.SI | Singapore | $1.75B | -16% | -24% | 7% | 11.5× | n/a | n/a |