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BRIGADE ENTERPRISES LTD.218.70 -0.35 (-0.16%)

  • BSE: 532929
  • |
  • NSE: BRIGADE
  • |
  • ISIN NO: INE791I01019
  • |
  • INDUSTRY: Realty
Profile

BRIGADE

BRIGADE

In 1990, BEL or Brigade Enterprises Limited was initially set up as a partnership firm between M R Jaishankar and Gita Shankar. Then, it was converted into a private company in 1995 and soon became a public company in July 2007. The company develops residential, commercial and retail properties mainly in Bangalore and Mysore, and has also developed and is managing about 115 serviced apartments under the brand name, Brigade Homestead. From 1990, it has comple ... ted and delivered about 67 projects that aggregate about 6.7 million square feet (sq ft) of space and comprise of residential (71% of the total developed area), commercial (both IT parks/office buildings that constitute about 26% of the total developed area), and the hospitality ventures (about 3%). And apart from Brigade Investments, other firms with different ownership structure/shareholding patterns were set up to handle diverse projects. Also, new firms and subsidiaries also include Brigade Investments & Projects Pvt. Ltd, Brigade Constructions Pvt. Ltd, Brigade Developers Pvt. Ltd, and Brigade Enterprise Pvt. Ltd. In 1997, the partnership company Brigade Investments was dissolved, and the operations were being consolidated by merging all group companies via a High Court order into one flagship company, Brigade Enterprises Pvt. Ltd, in the year 2004. In 2005, a Brigade Hospitality Services Ltd, is a 100% subsidiary company focused its efforts on the hospitality business. And the company facilitated the promotion of its associated companies:
  • Tandem Allied Services Pvt. Ltd (in 2003) is indulged in facility management, home loans, and insurance services.
  • AEC Infotech Pvt. Ltd (in 2000) is into the construction management software and project management services.
It began as a 5 member team that has now became a 1000+ Group and has an established brand name and reputation for constantly developing high-quality properties that are reliable, unique, and convenient for our clients. Soon, the company's status was being changed to a public limited company via a special resolution of the members passed during an annual general meeting that was being held on June 20, 2007. On July 20, 2007, the fresh certificate of incorporation consequent on change of name was being granted to the Company by the Registrar of Companies Karnataka. Also besides Bangalore, it has took up a few projects in Mysore and recently initiated some of the development activities in other parts of south India that include states such as Chennai, Mangalore, and Hyderabad. In December 2007, it also came up with a public issue for funding about INR 47.97 crore for acquiring 41.85 acres of land in both Bangalore and Kottayam, even the INR 512.04 crore construction and development cost of both ongoing and forthcoming projects, and other general corporate expenses. Also, BEL, which is the Brigade Group’s flagship company, is a successful public limited company that successfully completed 67 commercial, residential, retail and hospitality projects, covering over 6.74 million sqft of developable area. Several other projects are in many stages of conceptualization and creation, in multiple cities in South India. Such include luxury apartments, integrated enclaves, state-of-the-art software, and retail facilities, resorts, serviced residences, schools, clubs, 5–star hotels, a convention center, hospital, and an SEZ. Its headquarters are located in Bangalore, with branch offices in many cities in both South India and Dubai. The Company also has a uniquely diverse multi-domain portfolio that covers education, property development, property management services, and hospitality. Some of its projects also extend across major cities in South India such as Kochi, Chennai, Chikmagalur, Hyderabad, Mangalore, and Mysore.

Accomplished Projects of the company:

  • Brigade Lakeview (BTM Layout)
  • Brigade Odyssey (Convent Road)
  • Brigade Gateway (Malleswaram–Rajajinagar)
  • Brigade Metropolis (Mahadevapura, Whitefield Road)
  • Brigade PalmSprings (J.P. Nagar)
  • Brigade Courtyard (HMT Main Road)
  • Summit @ Brigade Metropolis (Mahadevapura, Whitefield Road)
  • Brigade TechPark (Whitefield, Next to ITPL)

Some of the Milestones:

  • 1990: The Brigade Company was being formed as a partnership firm.
  • November 1995: The Company converted from the partnership firm Brigade Enterprises' into a private limited company such as Brigade Enterprise Private Limited' under the Companies Act.
  • December 1995: CRISIL was rating the project 'Brigade Regency' in Bangalore, and it also received 'PA2' rating.
  • December 1996: It also obtained ISO 9001: 1994 certification from the London based Certifying Agency Bureau Veritas Quality International.
  • June 2000: The launch of the `Homestead I' spectrum of luxury serviced apartments in Bangalore.
  • December 2001: The completion and handover of Komarla brigade Residency, which is an eco-friendly building.
  • August 2002: Merger of Brigade Developers PrivateLimited and Brigade Investments and Projects PrivateLimited into our Company.
  • February 2003: The Company is re-certified for ISO 9001:2000.
  • July 2003: The Project Brigade Millenium 1 – Phase ICRA has awarded I 'Mayflower' and 'Cassia' Blocks' a credit rating of `RT2+.'
  • October 2005: Merger of Brigade Constructions PrivateLimited with the Company.
  • December 2005: The Company was re-certified for ISO 9001:2000.
  • June 2006: The completion of the Brigade Millennium, which is an integrated lifestyle enclave in Bangalore.
  • July 2007: The status of the company was changed from private to public.
  • 2010: It entered into a Joint Development Agreement for about 16.50 acres of land for the development of 1.80 million square feet in Whitefield, Bangalore.
  • 2011: It was also awarded as the "Developer of the Year - Commercial" by Realty Plus during the Realty Plus Excellence Awards.
  • The Brigade Metropolis won the Best Residential Property in South India.
  • The Company launched High-Quality Value Homes in Bangalore, the Brigade Meadows on Kanakapura Road.
  • It launched 35 storeys villa-style luxury apartments.
  • 2013: The Company also received the Platinum Award of excellence at CWAB.

Some of the Achievements:

The Company is also awarded several certifications such as:
  • ISO 9001, 1996:The first property developer in South India and the third in India that received the certification.
  • CRISIL Rating PA2, 1995:It was the first property developer that received this rating.
  • ISO 9001–2000 Quality Assurance Certification:It was given by Bureau Veritas Quality International (or BVQI), 2000, the company was one of the first property developers in South India this certification - for Quality Assurance in Development, Design, Construction, and Marketing of Brigade's residential, commercial, software and industrial buildings.
  • ISO 14001, 2004:(It is the Environmental Management Systems), 2008.
  • OHSAS 18001, 1999:(It is the Occupational Health and Safety Assessment Series), 2008.
  • RT2+ Rating by ICRA–NAREDCO:(It is the Investment Credit Rating Agency and National Real Estate Development Council), 2003. It is the highest rating ever to be awarded to a project made by a private property developer in India. It was awarded for Brigade Millennium.

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Key Data
  • Market cap 3310.00 CR.
  • Book value 124.45
  • Stock P/E 22
  • Dividend Yield 0.62%
  • ROCE 12.72%
  • ROE 11.19%
  • Sales Growth (3Y) 7.38%
  • Face Value (3Y) 10.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Not Clear

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 191.23 200.83 210.43 214.47 220.03 224.07 229.63 239.23 248.83
woodie's 193.00 202.60 209.30 212.20 218.90 221.80 228.50 231.40 241.00
fibonacci - 210.43 214.10 216.37 220.03 223.70 225.97 229.63 -
camarilla 213.22 215.86 216.74 217.62 -- 219.38 220.26 221.14 223.78
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 194.05
228.30
217.06 6.28 % 1.48 %
20 DAY 174.70
228.30
204.21 12.91 % 5.01 %
50 DAY 154.55
228.30
182.82 28.55 % 10.14 %
100 DAY 130.70
228.30
167.98 45.07 % 13.98 %
200 DAY 90.50
254.90
158.05 122.95 % 40.86 %
YTD 90.50
254.90
166.92 2.96 % 6.75 %
52 Week 90.50
295.00
189.17 12.28 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Unfilled Gap Down On 2019-08-28
203.70 ~ 271.10 RESISTANCE
Industry Growth Rate

In Last 1 Year the industry has grown by 16.40 %

In Last 5 Year the industry has grown by 9.66 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
BRIGADE 947.00 1311.00 2038.00 2024.00 1897.00 2973.00
SOBHA 2173.00 2441.00 1943.00 2229.00 2783.00 3442.00
PRESTIGE 2549.00 3420.00 5531.00 4774.00 5499.00 5172.00
IBREALEST 1736.00 2641.00 2959.00 2320.00 4503.00 4944.00
DLF 8298.00 7649.00 9926.00 8221.00 6707.00 8366.00
Total 3140.60 3492.40 4479.40 3913.60 4277.80 4979.40

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 DLF LTD. 46294.05 187.10 111.35 5.98 42.38 2.99 1.04% 8366.00 1319.00 15.77% 24.74%
2 TEXMACO INFRASTRUCTURE & HOLDINGS LTD. 44217.50 34.70 25.76 2.10 21.98 2.10 0.97% 19.01 26.79 140.93% 4.05% 170.06%
3 AJMERA REALTY & INFRA INDIA LTD. 28871.61 81.65 162.67 21.20 6.38 2.14 2.54% 382.00 75.00 19.63% 3.24% 20.74% 11.61%
4 MARATHON NEXTGEN REALTY LTD. 20562.00 44.70 133.64 6.84 13.19 1.35 2.48% 82.00 31.00 37.80% 18.84%
5 Arvind SmartSpaces Ltd 23526.53 66.10 87.33 8.70 10.49 0.89 3.24% 262.00 31.00 11.83% 32.32% 3.33%
6 Godrej Properties Ltd 29371.11 1165.85 193.12 11.04 104.26 2.20 0.76% 2817.00 253.00 8.98% 75.62% 190.80% 29.96% 12.93%
7 Vascon Engineers Ltd 12558.66 7.05 38.86 0.38 42.24 0.04 0.30% 524.00 7.00 1.34% 16.67% 0.08%
8 Prozone Intu Properties Limited 32747.60 21.46 67.12 0.16 112.81 0.04 1.76% 118.22 2.45 2.07% 22.95%
9 B.L.KASHYAP AND SONS LTD. 9163.83 4.04 24.19 0.97% 769.00
10 OBEROI REALTY LTD. 16913.48 464.35 169.27 22.47 23.93 2.24 60.79% 2582.00 817.00 31.64% 104.11% 78.00% 19.77% 12.48%
11 GeeCee Ventures Limited 10205.16 48.80 207.06 16.66 5.06 1.67 1378.67% 150.47 36.21 24.06% 17.11% 3.03%
12 Karda Constructions Ltd 22615.56 184.00 78.93
13 Emami Realty Ltd 7661.30 27.40 60.02 0.18 327.22 0.53% 69.00 6800.00%
14 PRESTIGE ESTATES PROJECTS LTD. 10395.10 267.50 113.64 11.08 33.89 1.11 2.01% 5172.00 416.00 8.04% 12.13% 19.13% 18.38%
15 TCI DEVELOPERS LTD. 10108.24 271.00 193.19 37.68 9.86 1.22 9.05 14.05 155.25% 374.66%
16 The Phoenix Mills Ltd 10445.17 678.00 181.94 27.47 32.04 13.58 2.83% 1977.00 421.00 21.29% 22.49% 73.97% 34.77% 18.52%
17 AMJ Land Holdings Ltd 5945.99 14.20 24.64 1.07 19.16 0.54 66.88% 20.51 4.39 21.40% 31.83% 1.95%
18 ANSAL PROPERTIES & INFRASTRUCTURE LTD. 8295.48 5.27 26.72 0.17% 810.00 21.44% 1.95%
19 Bhagyanagar Properties Ltd 5940.35 18.25 34.06 2.04 11.05 1.02 80.13% 9.06 6.53 72.08% 953.49% 1206.00%
20 SUNTECK REALTY LTD. 4594.39 314.50 129.19 16.21 24.27 16.29 9.22% 857.00 228.00 26.60% 6.54% 44.90% 29.64%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • 2.72
    Caution (>1.81 < 2.99)
  • Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 5.60
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BRIGADE 2012-11-01 ABN AMRO BANK NV S 1332500.00 66.50
BRIGADE 2012-11-01 THE ROYAL BANK OF SCOTLAND ASIA MERCHANT BANK SINGAPORE LT P 1332500.00 66.50
BRIGADE 2012-10-25 ABN AMRO BANK NV S 1300000.00 73.35
BRIGADE 2012-10-25 THE ROYAL BANK OF SCOTLAND ASIA MERCHANT BANK SINGAPORE LT P 1300000.00 73.35
BRIGADE 2008-10-27 ABN AMRO BANK NV LONDON BRANCH P 2026000.00 44.97
BRIGADE 2008-10-27 CITIGROUP GLOBAL MARKETS MAURITIUS PVT LTD S 2007000.00 45.00
BRIGADE 2007-12-31 ABN AMRO BANK NV LONDON BRANCH S 594054.00 390.00
BRIGADE 2007-12-31 CITIGROUP GLOBAL MARKETS MAURITIUS PRIVATE LTD P 670000.00 388.95
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
BRIGADE 2012-10-25 ABN AMRO BANK NV S 1300000.00 73.35
BRIGADE 2012-10-25 THE ROYAL BANK OF SCOTLAND ASIA MERCHANT BANK SINGAPORE LT P 1300000.00 73.35
Dividend history
Ex Date Amount
2020-03-23 1.00
2019-07-26 2.00
2018-08-02 2.00
2017-09-13 2.00
2017-09-13 0.50
2016-03-22 2.00
2015-09-15 2.00
2014-07-25 2.00
2013-07-22 1.50
2012-07-30 1.50
2011-08-01 1.50
2010-07-13 1.20
2009-07-22 1.20
2008-06-18 2.00
Bonus Data
Company Name Split Date From Value To Value
BRIGADE ENTERPRISES LTD. 2019-08-28 1.00 2.00
Split Data
Company Name Split Date From Value To Value