Brigade Enterprises Limited
Brigade Enterprises Limited engages in the provision of real estate development, leasing, and related services in India. The company operates through Real Estate, Hospitality, and Leasing segments. It develops and sells various residential and commercial, and retail properties. The company also manages star-rated hotels, clubs, and convention centres, as well as The Baking Company. Brigade Enterp… Read more
Brigade Enterprises Limited (BRIGADE) - Net Assets
Latest net assets as of September 2025: ₹71.14 Billion INR
Based on the latest financial reports, Brigade Enterprises Limited (BRIGADE) has net assets worth ₹71.14 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹242.66 Billion) and total liabilities (₹171.52 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹71.14 Billion |
| % of Total Assets | 29.32% |
| Annual Growth Rate | 27.88% |
| 5-Year Change | 140.15% |
| 10-Year Change | 278.55% |
| Growth Volatility | 114.02 |
Brigade Enterprises Limited - Net Assets Trend (2005–2025)
This chart illustrates how Brigade Enterprises Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Brigade Enterprises Limited (2005–2025)
The table below shows the annual net assets of Brigade Enterprises Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹59.15 Billion | +66.26% |
| 2024-03-31 | ₹35.58 Billion | +13.17% |
| 2023-03-31 | ₹31.44 Billion | +9.25% |
| 2022-03-31 | ₹28.78 Billion | +16.82% |
| 2021-03-31 | ₹24.63 Billion | +0.66% |
| 2020-03-31 | ₹24.47 Billion | +3.78% |
| 2019-03-31 | ₹23.58 Billion | -6.07% |
| 2018-03-31 | ₹25.10 Billion | +30.57% |
| 2017-03-31 | ₹19.22 Billion | +23.02% |
| 2016-03-31 | ₹15.63 Billion | +13.03% |
| 2015-03-31 | ₹13.83 Billion | +8.67% |
| 2014-03-31 | ₹12.72 Billion | +4.49% |
| 2013-03-31 | ₹12.18 Billion | +4.80% |
| 2012-03-31 | ₹11.62 Billion | +3.31% |
| 2011-03-31 | ₹11.25 Billion | +9.30% |
| 2010-03-31 | ₹10.29 Billion | +3.19% |
| 2009-03-31 | ₹9.97 Billion | +7.63% |
| 2008-03-31 | ₹9.26 Billion | +529.38% |
| 2007-03-31 | ₹1.47 Billion | +87.30% |
| 2006-03-31 | ₹785.86 Million | +81.74% |
| 2005-03-31 | ₹432.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Brigade Enterprises Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 2042680000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹20.43 Billion | 36.23% |
| Common Stock | ₹2.44 Billion | 4.33% |
| Other Comprehensive Income | ₹1.48 Billion | 2.63% |
| Other Components | ₹32.03 Billion | 56.81% |
| Total Equity | ₹56.38 Billion | 100.00% |
Brigade Enterprises Limited Competitors by Market Cap
The table below lists competitors of Brigade Enterprises Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nordic American Tankers Limited
NYSE:NAT
|
$961.35 Million |
|
Vipshop Holdings Limited
NYSE:VIPS
|
$961.46 Million |
|
Netmarble Games Corp
KO:251270
|
$961.51 Million |
|
ID Logistics SAS
F:1ID
|
$961.68 Million |
|
Collegium Pharmaceutical Inc
NASDAQ:COLL
|
$961.17 Million |
|
PROG HOLDINGS A DL-50
F:AZD
|
$960.90 Million |
|
Piramal Pharma Limited
NSE:PPLPHARMA
|
$960.51 Million |
|
Jiangsu Leili Motor Corp Ltd
SHE:300660
|
$960.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Brigade Enterprises Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 36,492,400,000 to 56,384,500,000, a change of 19,892,100,000 (54.5%).
- Net income of 6,857,600,000 contributed positively to equity growth.
- Dividend payments of 462,500,000 reduced retained earnings.
- Share repurchases of 14,800,200,000 reduced equity.
- New share issuances of 14,800,200,000 increased equity.
- Other comprehensive income decreased equity by 1,299,300,000.
- Other factors increased equity by 14,796,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹6.86 Billion | +12.16% |
| Dividends Paid | ₹462.50 Million | -0.82% |
| Share Repurchases | ₹14.80 Billion | -26.25% |
| Share Issuances | ₹14.80 Billion | +26.25% |
| Other Comprehensive Income | ₹-1.30 Billion | -2.3% |
| Other Changes | ₹14.80 Billion | +26.24% |
| Total Change | ₹- | 54.51% |
Book Value vs Market Value Analysis
This analysis compares Brigade Enterprises Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.75x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 212.18x to 2.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹3.06 | ₹649.25 | x |
| 2006-03-31 | ₹5.56 | ₹649.25 | x |
| 2007-03-31 | ₹10.42 | ₹649.25 | x |
| 2008-03-31 | ₹62.39 | ₹649.25 | x |
| 2009-03-31 | ₹59.22 | ₹649.25 | x |
| 2010-03-31 | ₹61.11 | ₹649.25 | x |
| 2011-03-31 | ₹66.79 | ₹649.25 | x |
| 2012-03-31 | ₹69.00 | ₹649.25 | x |
| 2013-03-31 | ₹71.99 | ₹649.25 | x |
| 2014-03-31 | ₹75.26 | ₹649.25 | x |
| 2015-03-31 | ₹79.69 | ₹649.25 | x |
| 2016-03-31 | ₹86.21 | ₹649.25 | x |
| 2017-03-31 | ₹99.20 | ₹649.25 | x |
| 2018-03-31 | ₹113.70 | ₹649.25 | x |
| 2019-03-31 | ₹106.19 | ₹649.25 | x |
| 2020-03-31 | ₹110.79 | ₹649.25 | x |
| 2021-03-31 | ₹113.52 | ₹649.25 | x |
| 2022-03-31 | ₹128.70 | ₹649.25 | x |
| 2023-03-31 | ₹140.42 | ₹649.25 | x |
| 2024-03-31 | ₹157.63 | ₹649.25 | x |
| 2025-03-31 | ₹235.82 | ₹649.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Brigade Enterprises Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.51%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 3.92x
- Recent ROE (12.16%) is below the historical average (13.08%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 45.96% | 12.25% | 0.46x | 8.17x | ₹155.51 Million |
| 2006 | 53.61% | 21.18% | 0.45x | 5.65x | ₹342.72 Million |
| 2007 | 49.61% | 18.17% | 0.56x | 4.86x | ₹582.98 Million |
| 2008 | 10.97% | 20.03% | 0.31x | 1.76x | ₹89.64 Million |
| 2009 | 3.83% | 9.35% | 0.21x | 1.93x | ₹-614.87 Million |
| 2010 | 4.53% | 11.90% | 0.18x | 2.12x | ₹-563.15 Million |
| 2011 | 7.27% | 16.64% | 0.19x | 2.35x | ₹-307.44 Million |
| 2012 | 4.90% | 9.33% | 0.22x | 2.38x | ₹-592.47 Million |
| 2013 | 5.05% | 7.44% | 0.28x | 2.44x | ₹-599.90 Million |
| 2014 | 7.23% | 9.71% | 0.29x | 2.59x | ₹-352.52 Million |
| 2015 | 7.02% | 7.26% | 0.30x | 3.17x | ₹-404.39 Million |
| 2016 | 8.43% | 6.08% | 0.36x | 3.82x | ₹-230.87 Million |
| 2017 | 9.03% | 7.56% | 0.32x | 3.75x | ₹-164.11 Million |
| 2018 | 6.09% | 7.34% | 0.24x | 3.42x | ₹-895.02 Million |
| 2019 | 11.06% | 8.07% | 0.28x | 4.98x | ₹229.70 Million |
| 2020 | 5.72% | 4.96% | 0.21x | 5.37x | ₹-975.33 Million |
| 2021 | -1.97% | -2.38% | 0.14x | 5.89x | ₹-2.81 Billion |
| 2022 | 2.84% | 2.76% | 0.20x | 5.21x | ₹-2.08 Billion |
| 2023 | 8.98% | 8.46% | 0.21x | 5.05x | ₹-330.91 Million |
| 2024 | 12.38% | 9.22% | 0.27x | 4.90x | ₹866.86 Million |
| 2025 | 12.16% | 13.51% | 0.23x | 3.92x | ₹1.22 Billion |
Industry Comparison
This section compares Brigade Enterprises Limited's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,404,866,418
- Average return on equity (ROE) among peers: 18.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Brigade Enterprises Limited (BRIGADE) | ₹71.14 Billion | 45.96% | 2.41x | $961.22 Million |
| AGI Infra Limited (AGIIL) | $2.25 Billion | 23.19% | 3.81x | $32.43K |
| Ajmera Realty & Infra India Limited (AJMERA) | $5.38 Billion | 7.88% | 1.34x | $61.39 Million |
| Alembic Limited (ALEMBICLTD) | $2.31 Billion | 12.80% | 0.54x | $62.26 Million |
| Amj Land Holdings Limited (AMJLAND) | $1.15 Billion | 3.86% | 0.17x | $4.81 Million |
| Anant Raj Limited (ANANTRAJ) | $220.01 Million | 1.30% | 1.07x | $701.37 Million |
| Ansal Properties & Infrastructure Limited (ANSALAPI) | $17.89 Billion | 1.14% | 3.15x | $797.78K |
| Arihant Superstructures Limited (ARIHANTSUP) | $2.46 Billion | 12.78% | 3.20x | $37.69 Million |
| Arkade Developers Ltd (ARKADE) | $2.00 Billion | 25.34% | 1.77x | $39.44 Million |
| Art Nirman Limited (ARTNIRMAN) | $372.86 Million | 5.34% | 0.85x | $2.63 Million |
| Arvind SmartSpaces Limited (ARVSMART) | $28.40 Million | 95.23% | 13.74x | $112.65 Million |