Brigade Enterprises (BRIGADE)₹546.95−1.72%Residential, Commercial Projects
In the Sep 2026 quarter (consolidated), Brigade Enterprises reported sales of ₹1,194 Cr, down 13.5% from Sep 2025, and net profit of ₹218 Cr, up 29.0% year on year. For the year to Mar 2026, sales were ₹5,688 Cr and net profit ₹723 Cr.
Company filings, consolidated accounts; latest reported quarter Sep 2026
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,172 | 1,701 | 1,077 | 1,071 | 1,462 | 1,459 | 1,279 | 1,381 | 1,574 | 1,456 | 1,114 | 1,194 |
| Expenses | 914 | 1,272 | 786 | 781 | 1,053 | 1,046 | 960 | 1,059 | 1,167 | 1,096 | 756 | 774 |
| Operating Profit | 263 | 434 | 294 | 293 | 416 | 418 | 324 | 329 | 413 | 367 | 362 | 425 |
| OPM % | 21.9% | 24.9% | 27.0% | 26.9% | 28.0% | 28.0% | 25.0% | 23.9% | 26.0% | 25.0% | 31.9% | 34.9% |
| Other Income | 33.99 | 59.98 | 35.99 | 65.94 | 65.98 | 72.01 | 51.96 | 46.01 | 28.97 | 71.91 | 107 | 53.97 |
| Interest | 135 | 138 | 152 | 123 | 114 | 107 | 106 | 102 | 90.03 | 112 | 109 | 111 |
| Depreciation | 81.85 | 75.89 | 67.88 | 68.92 | 75.93 | 75.89 | 75.85 | 75.93 | 79.84 | 79.96 | 72.93 | 79.95 |
| Profit before tax | 78.99 | 279 | 108 | 166 | 289 | 306 | 194 | 196 | 270 | 245 | 285 | 288 |
| Tax % | 30.0% | 23.9% | 26.0% | 30.9% | 17.9% | 17.9% | 18.0% | 13.0% | 24.0% | 22.0% | 24.0% | 24.0% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | −13.97 | 1.99 | 25.91 | 0.00 |
| Net Profit | 55.79 | 210 | 80.81 | 115 | 235 | 248 | 157 | 169 | 205 | 190 | 216 | 218 |
| EPS (Rs) | 2.38 | 6.68 | 2.71 | 3.64 | 7.24 | 7.57 | 4.59 | 4.97 | 5.71 | 4.45 | 6.13 | 5.92 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,035 | 2,021 | 1,893 | 2,970 | 2,630 | 1,947 | 2,993 | 3,438 | 4,893 | 5,070 | 5,688 | 5,338 |
| Expenses | 1,551 | 1,448 | 1,343 | 2,177 | 1,969 | 1,477 | 2,235 | 2,584 | 3,702 | 3,661 | 4,276 | 3,794 |
| Operating Profit | 492 | 582 | 559 | 802 | 669 | 478 | 772 | 869 | 1,205 | 1,427 | 1,439 | 1,567 |
| OPM % | 23.9% | 28.9% | 28.9% | 27.0% | 25.0% | 24.0% | 25.9% | 24.9% | 24.9% | 28.0% | 25.0% | 29.4% |
| Other Income | 33.99 | 29.01 | 36.01 | 47.01 | 26.98 | −16.98 | 8.99 | 161 | 160 | 233 | 193 | 262 |
| Interest | 199 | 246 | 259 | 278 | 340 | 347 | 444 | 434 | 491 | 495 | 409 | 422 |
| Depreciation | 106 | 123 | 138 | 140 | 192 | 237 | 350 | 315 | 302 | 289 | 312 | 313 |
| Profit before tax | 219 | 240 | 196 | 427 | 161 | −125 | −14.99 | 278 | 569 | 869 | 904 | 1,088 |
| Tax % | 36.9% | 30.9% | 31.9% | 34.0% | 29.0% | −23.1% | 331.0% | 19.9% | 28.9% | 21.9% | 20.0% | — |
| Exceptional items | 0.00 | −2.99 | −2.99 | 0.99 | −12.96 | −34.91 | −134 | 26.90 | −2.99 | 5.98 | −8.98 | 13.93 |
| Net Profit | 139 | 167 | 133 | 281 | 114 | −95.73 | −64.83 | 221 | 400 | 678 | 723 | 830 |
| EPS (Rs) | 5.46 | 6.72 | 5.11 | 8.80 | 4.78 | −1.64 | 2.69 | 9.45 | 14.63 | 21.04 | 19.73 | 22.21 |
| Dividend payout % | 18.0% | 18.9% | 20.0% | 11.0% | 31.0% | −55.0% | 42.0% | 16.0% | 10.0% | 9.0% | 8.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 113 | 113 | 114 | 136 | 136 | 204 | 210 | 230 | 231 | 231 | 243 | 245 |
| Reserves | 1,248 | 1,430 | 1,586 | 2,159 | 2,041 | 2,083 | 2,143 | 2,689 | 3,026 | 3,428 | 5,415 | 6,602 |
| Borrowings | 1,659 | 2,454 | 2,569 | 3,383 | 3,777 | 4,514 | 4,995 | 4,896 | 4,627 | 5,456 | 5,450 | 6,332 |
| Other Liabilities | 1,284 | 2,010 | 2,088 | 2,134 | 4,862 | 5,460 | 6,480 | 7,311 | 8,498 | 8,773 | 11,009 | 13,065 |
| Total Liabilities | 4,304 | 6,007 | 6,357 | 7,811 | 10,817 | 12,261 | 13,828 | 15,126 | 16,382 | 17,888 | 22,119 | 26,243 |
| Fixed Assets | 1,360 | 340 | 1,429 | 1,801 | 2,273 | 2,993 | 5,013 | 4,895 | 4,669 | 4,586 | 6,891 | 8,516 |
| CWIP | 485 | 1,407 | 1,560 | 2,125 | 2,004 | 2,094 | 494 | 539 | 739 | 1,230 | 138 | 221 |
| Investments | 34.05 | 995 | 54.05 | 236 | 98.14 | 72.07 | 89.15 | 510 | 62.07 | 50.10 | 43.08 | 62.08 |
| Other Assets | 2,424 | 3,265 | 3,315 | 3,650 | 6,442 | 7,101 | 8,232 | 9,183 | 10,912 | 12,023 | 15,046 | 17,444 |
| Inventories | 1,537 | 2,297 | 2,255 | 2,170 | 4,794 | 5,187 | 5,877 | 6,195 | 7,300 | 7,705 | 8,853 | 11,365 |
| Trade receivables | 14.95 | 42.88 | 36.90 | 176 | 420 | 430 | 525 | 502 | 461 | 499 | 628 | 600 |
| Cash & equivalents | 83.19 | 109 | 136 | 147 | 223 | 306 | 561 | 947 | 1,481 | 1,741 | 3,272 | 2,693 |
| Total Assets | 4,304 | 6,007 | 6,357 | 7,811 | 10,817 | 12,261 | 13,828 | 15,126 | 16,382 | 17,888 | 22,119 | 26,243 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 25.96 | 338 | 397 | 48.89 | 466 | 464 | 802 | 1,031 | 964 | 333 | 993 | −137 |
| Cash from investing activity | −385 | −951 | −336 | −1,087 | −453 | −719 | −750 | −974 | −272 | −380 | −591 | −1,439 |
| Cash from financing activity | 372 | 628 | −57.74 | 1,028 | 44.84 | 320 | 29.86 | 32.88 | −692 | 240 | 857 | 939 |
| Net cash flow | 15.95 | 20.93 | 4.99 | −3.99 | 59.77 | 68.77 | 83.79 | 93.73 | 0.99 | 195 | 1,261 | −629 |
| Capex | 243 | 914 | 370 | 917 | 630 | 743 | 496 | 208 | 324 | 269 | 640 | 1,743 |
| Free cash flow | −193 | −571 | 29.01 | −866 | −133 | −268 | 336 | 824 | 702 | 66.06 | 358 | −1,872 |
| CFO / OP % | 19.9% | 68.9% | 82.0% | 25.9% | 71.9% | 78.9% | 179.9% | 147.9% | 129.9% | 47.9% | 92.9% | 25.9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 5 | 9 | 8 | 35 | 53 | 61 | 100 | 62 | 50 | 38 | 46 | 39 |
| Inventory days | — | 3,043 | 3,245 | 3,899 | 2,041 | 3,654 | 9,713 | 8,487 | — | 2,499 | 4,143 | 4,668 |
| Days payable | — | 558 | 739 | 941 | 257 | 350 | 948 | 884 | — | 244 | 365 | 360 |
| Cash conversion cycle | 4 | 2,491 | 2,511 | 2,991 | 1,834 | 3,362 | 8,861 | 7,662 | 49 | 2,290 | 3,821 | 4,345 |
| Working capital days | −11 | 7 | 0 | 59 | 66 | 41 | −64 | −57 | −61 | −24 | −65 | 26 |
| ROCE % | 11.0% | 12.0% | 11.0% | 9.0% | 12.0% | 8.0% | 4.0% | 6.0% | 8.0% | 13.1% | 13.0% | 11.0% |
For the Sep 2026 quarter, Brigade Enterprises reported sales of ₹1,194 Cr, down 13.5% year on year and net profit of ₹218 Cr, up 29.0% year on year. The operating margin was 34.9%.
Brigade Enterprises' sales for the year to Mar 2026 were ₹5,688 Cr; over the last twelve months they were ₹5,338 Cr.
Net profit for the year to Mar 2026 was ₹723 Cr, and ₹830 Cr over the last twelve months. Earnings per share over the same trailing period were ₹22.21.
Brigade Enterprises reported borrowings of ₹6,332 Cr at Mar 2026, against cash and equivalents of ₹2,693 Cr.
Cash from operations was −₹137 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹1,872 Cr.