From its establishment in 1986, Brigade has dedicated itself to reshaping India’s real estate landscape with landmark developments in various sectors, securing its position as a leading industry name. With a diverse portfolio spanning residential, commercial, hospitality, and retail projects, Brigade has forged a legacy of outstanding quality and excellence. The company’s industry leadership is anchored in its commitment to exceeding customer expectations, ensuring that every Brigade development is a paragon of sophistication and style.
Brigade approaches each land acquisition with meticulous care, viewing it as an opportunity to expand into new regions while upholding environmental and societal responsibilities. At the core of Brigade’s operations is a spirit of innovation, exemplified by the Brigade Real Estate Accelerator Program (REAP), which promotes sustainability and innovation in the real estate sector. Additionally, the Brigade Foundation highlights the company’s dedication to community empowerment and social welfare through its initiatives in education, healthcare, and community development.
Brigade Enterprises Q4 FY24 Results Highlight
- Q4 Results Announcement:
- Date: May 28, 2024
- Significant growth in revenue and profit compared to the previous year
- Year-over-Year Performance:
- Revenue: +102.04%
- Profit: +197.6%
- Quarter-over-Quarter Performance:
- Revenue: +45.03%
- Profit: +180.43%
- Expenses and Operational Costs:
- Selling, general, and administrative expenses:
- Quarter-on-quarter: +6.58%
- Year-on-year: +21.6%
- Selling, general, and administrative expenses:
- Operating Income:
- Quarter-on-quarter: +98.13%
- Year-on-year: +162.95%
- Earnings Per Share (EPS):
- Q4 EPS: ₹8.89
- Year-on-year growth: +288.83%
- Investor Returns:
- 1-week: +1.62%
- 6-month: +58.36%
- Year-to-date: +36.64%
Shareholding Patterns
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | |
| Promoters + | 43.79% | 43.78% | 43.77% | 43.75% | 43.73% |
| FIIs + | 14.31% | 13.67% | 13.40% | 13.73% | 14.86% |
| DIIs + | 24.62% | 25.45% | 25.41% | 25.01% | 23.84% |
| Public + | 17.27% | 17.09% | 17.44% | 17.50% | 17.58% |
| No. of Shareholders | 62,611 | 60,920 | 63,535 | 68,712 | 76,977 |
The shareholding patterns of the company underwent notable changes from March 2023 to March 2024, reflecting a dynamic landscape of investor interests. While the proportion of shares held by promoters experienced a marginal decrease from 43.79% to 43.73%, indicating a slight reduction in promoter stake, Foreign Institutional Investors (FIIs) showcased a more fluctuating trend. Initially dropping to 13.40% in September 2023, FIIs saw renewed interest, rising to 14.86% by March 2024. Domestic Institutional Investors (DIIs) also experienced fluctuations, peaking at 25.45% in June 2023 before gradually declining to 23.84% by March 2024. Conversely, public shareholding remained relatively stable, with a slight increase from 17.27% to 17.58%, reflecting consistent public interest. The significant rise in the number of shareholders from 62,611 to 76,977 over the same period underscores growing investor confidence and interest in the company, contributing to an evolving shareholding structure shaped by the diverse interests of various investor groups.
How to Purchase Brigade Enterprises Ltd Shares in India?
Below are the trading platforms that you can use to purchase IIFL Finance Ltd shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Brigade Enterprises Ltd Share Price Prediction: 2024, 2025 to 2030
Brigade Enterprises Share Price Target 2024
| When | Maximum Price | Minimum Price |
| August 2024 | 1,212.35 | 1,054.22 |
| September 2024 | 1,260.85 | 1,096.39 |
| October 2024 | 1,236.13 | 1,074.89 |
| November 2024 | 1,285.57 | 1,117.89 |
| December 2024 | 1,298.43 | 1,129.07 |
In 2024, the expected maximum price of Brigade Enterprises shares is projected to be ₹1,212.35 in August, rising to ₹1,298.43 by December. The minimum prices for the same period are expected to start at ₹1,054.22 in August and increase to ₹1,129.07 by December.
Brigade Enterprises Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 1,311.41 | 1,008.78 |
| February 2025 | 1,324.66 | 1,018.97 |
| March 2025 | 1,352.48 | 1,040.37 |
| April 2025 | 1,339.08 | 1,030.06 |
| May 2025 | 1,300.08 | 1,000.06 |
| June 2025 | 1,358.59 | 1,045.07 |
| July 2025 | 1,331.95 | 1,024.57 |
| August 2025 | 1,373.14 | 1,056.26 |
| September 2025 | 1,389.62 | 1,068.94 |
| October 2025 | 1,425.75 | 1,096.73 |
| November 2025 | 1,461.39 | 1,124.15 |
| December 2025 | 1,527.15 | 1,174.73 |
In 2025, Brigade Enterprises’ stock prices are expected to show a positive trend. As we step into January 2025, the maximum price for Brigade Enterprises is projected to be ₹1,311.41, with a minimum of ₹1,008.78. By December 2025, the shares are anticipated to reach a maximum of ₹1,527.15 and a minimum of ₹1,174.73, reflecting substantial growth throughout the year.
Brigade Enterprises Share Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 1,572.97 | 1,209.98 |
| February 2026 | 1,533.65 | 1,179.73 |
| March 2026 | 1,564.32 | 1,203.32 |
| April 2026 | 1,596.24 | 1,227.88 |
| May 2026 | 1,580.44 | 1,215.72 |
| June 2026 | 1,619.95 | 1,246.12 |
| July 2026 | 1,588.19 | 1,221.68 |
| August 2026 | 1,637.31 | 1,259.47 |
| September 2026 | 1,670.05 | 1,284.65 |
| October 2026 | 1,713.47 | 1,318.06 |
| November 2026 | 1,756.31 | 1,351.01 |
| December 2026 | 1,800.22 | 1,384.78 |
Brigade Enterprises Share Price Target 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 1,818.22 | 1,398.63 |
| February 2027 | 1,864.84 | 1,434.49 |
| March 2027 | 1,937.57 | 1,490.44 |
| April 2027 | 1,899.58 | 1,461.21 |
| May 2027 | 1,844.25 | 1,418.65 |
| June 2027 | 1,927.24 | 1,482.49 |
| July 2027 | 1,889.45 | 1,453.42 |
| August 2027 | 1,947.89 | 1,498.38 |
| September 2027 | 2,016.06 | 1,550.82 |
| October 2027 | 2,068.48 | 1,591.14 |
| November 2027 | 2,120.19 | 1,630.92 |
| December 2027 | 2,173.20 | 1,671.69 |
Brigade Enterprises Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 2,216.66 | 1,705.13 |
| February 2028 | 2,273.50 | 1,748.85 |
| March 2028 | 2,362.17 | 1,817.05 |
| April 2028 | 2,315.85 | 1,781.42 |
| May 2028 | 2,248.40 | 1,729.54 |
| June 2028 | 2,349.58 | 1,807.37 |
| July 2028 | 2,303.51 | 1,771.93 |
| August 2028 | 2,374.75 | 1,826.73 |
| September 2028 | 2,457.87 | 1,890.67 |
| October 2028 | 2,521.77 | 1,939.82 |
| November 2028 | 2,584.81 | 1,988.32 |
| December 2028 | 2,649.43 | 2,038.03 |
Brigade Enterprises Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 2,702.42 | 2,078.79 |
| February 2029 | 2,771.72 | 2,132.09 |
| March 2029 | 2,879.81 | 2,215.24 |
| April 2029 | 2,823.35 | 2,171.80 |
| May 2029 | 2,741.11 | 2,108.55 |
| June 2029 | 2,864.46 | 2,203.43 |
| July 2029 | 2,808.30 | 2,160.23 |
| August 2029 | 2,895.15 | 2,227.04 |
| September 2029 | 2,996.48 | 2,304.99 |
| October 2029 | 3,074.39 | 2,364.92 |
| November 2029 | 3,151.25 | 2,424.04 |
| December 2029 | 3,230.03 | 2,484.64 |
Brigade Enterprises Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 3,294.63 | 2,534.33 |
| February 2030 | 3,379.11 | 2,599.31 |
| March 2030 | 3,510.89 | 2,700.69 |
| April 2030 | 3,442.05 | 2,647.73 |
| May 2030 | 3,341.80 | 2,570.61 |
| June 2030 | 3,492.18 | 2,686.29 |
| July 2030 | 3,423.71 | 2,633.62 |
| August 2030 | 3,529.59 | 2,715.07 |
| September 2030 | 3,653.13 | 2,810.10 |
| October 2030 | 3,748.11 | 2,883.16 |
| November 2030 | 3,841.81 | 2,955.24 |
| December 2030 | 3,937.86 | 3,029.12 |
In 2030, Brigade Enterprises’ stock prices are anticipated to show significant growth. As we step into January 2030, the maximum price is projected to be ₹3,294.63, with a minimum of ₹2,534.33. By December 2030, Brigade Enterprises is expected to reach a maximum of ₹3,937.86 and a minimum of ₹3,029.12
Financial Condition of Brigade Enterprises: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
| Sales + | 2,632 | 1,950 | 2,999 | 3,445 | 4,897 |
| Expenses + | 1,965 | 1,474 | 2,229 | 2,578 | 3,702 |
| Operating Profit | 667 | 476 | 770 | 866 | 1,194 |
| OPM % | 25% | 24% | 26% | 25% | 24% |
| Other Income + | 27 | -17 | 9 | 161 | 167 |
| Interest | 340 | 347 | 444 | 434 | 491 |
| Depreciation | 192 | 237 | 351 | 315 | 302 |
| Profit before tax | 161 | -125 | -15 | 278 | 569 |
| Tax % | 29% | 23% | -331% | 20% | 29% |
| Net Profit + | 114 | -96 | -65 | 222 | 401 |
| EPS in Rs | 6.39 | -2.2 | 3.59 | 12.63 | 19.54 |
| Dividend Payout % | 31% | -55% | 42% | 16% | 10% |
Over the period from March 2020 to March 2024, Brigade Enterprises exhibited significant financial growth and stability. Sales soared from ₹2,632 crore to ₹4,897 crore, accompanied by a corresponding increase in expenses from ₹1,965 crore to ₹3,702 crore, reflecting the company’s expanded operational activities. Despite fluctuations, the operating profit consistently rose from ₹667 crore to ₹1,194 crore, with the operating profit margin averaging around 25%. Additionally, net profit surged from ₹114 crore to ₹401 crore, driven by improved operational efficiency and a remarkable turnaround in profit before tax, indicating a positive trajectory for Brigade Enterprises amidst dynamic market conditions.
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FAQs
Will Brigade Enterprises stock price grow in 2024?
Yes, Brigade Enterprises’ stock price is expected to grow in 2024. The company’s current share price is around Rs 1,199, and analysts have estimated that Brigade Enterprises price will reach ₹1,298.43 by the end of 2024.
What future is anticipated for Brigade Enterprises in 2025?
Analysts expect Brigade Enterprises’ stock price to reach Rs 1,527.15 by the end of 2025.
What is the Brigade Enterprises share price target for 2030?
In 2030, Brigade Enterprises is expected to trade in between ₹2,534.33 and ₹3,937.86.
Conclusion:
Brigade Enterprises’ Q4 results underscore its outstanding financial performance, marked by substantial growth and resilience. The company achieved an impressive 102.04% year-over-year increase in revenue, reaching ₹4,897 crore, alongside a remarkable 197.6% rise in profit, totaling ₹401 crore. Notably, the EPS surged by 288.83% to ₹8.89 for Q4. Effective management of expenses led to a notable 162.95% increase in operating income year-over-year. With a growing shareholder base, reaching 76,977 by March 2024, and strong investor returns, including a 36.64% year-to-date return, Brigade Enterprises continues to consolidate its position as a leading player in the real estate industry, driven by its focus on innovation, quality, and sustainable growth.
Having said that, we are not a financial advisor. Please consult a SEBI-registered financial advisor before trading Brigade Enterprises. This post on Brigade Enterprises shares price target from 2024 to 2030 is for educational purposes only.
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