Brigade Enterprises Limited
BRIGADE.NS
₹626.55
▲ 6.61%
Brigade Enterprises shares surged 6.61% on Wednesday even as the Bengaluru-based realty developer's June-quarter revenue slipped about 12% year-on-year to Rs 1,179 crore on delayed launches, a reminder that profitability and top-line growth aren't always moving in the same direction. Net profit still jumped 33.4% to Rs 200 crore, helped by a sharp 21% rise in average realisations to Rs 14,256 per square foot and an eye-catching 800-basis-point expansion in EBITDA margin to 36% from 28%. The stock remains about 27% below its 52-week high of Rs 802, and the medium-term chart tells a similarly bumpy story, with one and two-year returns in negative double digits even as five and ten-year CAGRs sit comfortably above 21%. Against peers like DLF, Prestige, Oberoi and Godrej Properties, Brigade's margin story stands out, and the 15 analysts tracking the stock have pegged an average target of Rs 769.43, with a "strong buy" consensus.
CAGR Performance
| 1 Year | 2 Years | 5 Years | 10 Years |
|---|---|---|---|
| -12.75% | -15.52% | 21.49% | 21.75% |
Analyst Consensus
Average Target Price: ₹769.43 (range ₹560.00 - ₹940.00) based on 15 analysts
Strong Buy: 0
Buy: 14
Hold: 0
Sell: 0
Strong Sell: 1
Related News
| Aug 13, 2026 | Brigade June-Quarter Consol Net Profit 2 Billion Rupees |
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