BRIGADE.NS Brigade Enterprises Limited
INR·Price 710.00·Mkt cap 173.68BComputed from the latest reported financials and the current market price.
Who's the real player?
Partly exposed — some of its business rides this theme, the rest is elsewhere.
Is the business healthy?
Shaky fundamentals — weak cash generation or a stretched balance sheet. Tread carefully.
- ⚠Weak FCF conversion (<50% of net income turns into free cash)
- ⚠Altman Z in distress zone (<1.8)
- Strong growth quality
- Attractive valuation
- Positive Piotroski score
Are the smart people buying?
No ownership-change data for this stock. The score reflects heavy growth investment (capex) and buybacks, not visible insider buying.
- Promoter or insider stake stable
- Institutional ownership stable
- Capex growth positive
What is management saying?
No earnings-call transcript or filings found for this stock.
Is the price right?
DCF not meaningful here — the model implies a non-positive equity value (high debt / weak free cash flow).
Through the masters' eyes
Each investor's numeric rules, checked against this stock's metrics: exact math, no guesswork. Tap one to see which rules pass, fail, and what to judge yourself.
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Passes 2 of 3 of Rakesh Jhunjhunwala's numeric checks. Still judge the non-numeric criteria below for yourself.
- Net margin ≥ 10% — now 11.3%
- Conservative leverage (D/E ≤ 1.0) — now 0.93
- ROE ≥ 18% — now 9.4%
- A large, scalable opportunity
- Trustworthy, ambitious management
- Conviction to hold through volatility
Couldn't check from available data: Earnings growth ≥ 15% — not available
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Passes 3 of 5 of Warren Buffett's numeric checks. Still judge the non-numeric criteria below for yourself.
- Net margin ≥ 10% — now 11.3%
- Conservative leverage (D/E ≤ 1.0) — now 0.93
- Trades below intrinsic value (margin of safety ≥ 0) — now 1974.3%
- ROE ≥ 15% — now 9.4%
- Positive free cash flow — now -32.9%
- A business you can understand
- A durable competitive moat
- Honest, capable management
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Passes 2 of 4 of Charlie Munger's numeric checks. Still judge the non-numeric criteria below for yourself.
- Conservative leverage (D/E ≤ 1.0) — now 0.93
- Trades below intrinsic value (margin of safety ≥ 0) — now 1974.3%
- High returns on capital (ROCE ≥ 15%) — now 8.4%
- ROE ≥ 15% — now 9.4%
- A high-quality, understandable business
- A durable moat
- Management of integrity
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Passes 1 of 2 of Peter Lynch's numeric checks. Still judge the non-numeric criteria below for yourself.
- Manageable debt (D/E ≤ 1.0) — now 0.93
- Solid liquidity (current ratio ≥ 1.5) — now 1.24
- A simple business you understand
- Which 'type' it is (fast grower, stalwart, cyclical…)
- A believable growth story
Couldn't check from available data: PEG ≤ 1 (growth cheap vs price) — not available; Earnings growth ≥ 15% — not available
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Passes 2 of 4 of Radhakishan Damani's numeric checks. Still judge the non-numeric criteria below for yourself.
- Consistent revenue (consistency ≥ 80%) — now 83.2%
- Positive net margin — now 11.3%
- High returns on capital (ROCE ≥ 18%) — now 8.4%
- Very low debt (D/E ≤ 0.5) — now 0.93
- A durable consumer franchise
- Pricing power
- A long runway, bought patiently
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Passes 1 of 2 of Raamdeo Agrawal's numeric checks. Still judge the non-numeric criteria below for yourself.
- Longevity: revenue consistency ≥ 70% — now 83.2%
- Quality: ROCE ≥ 18% — now 8.4%
- Durability of the growth (longevity)
- Quality and honesty of management
Couldn't check from available data: Growth: earnings CAGR ≥ 15% — not available; Price: PEG ≤ 2 — not available
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Passes 1 of 2 of Vijay Kedia's numeric checks. Still judge the non-numeric criteria below for yourself.
- Manageable debt (D/E ≤ 1.0) — now 0.93
- ROE ≥ 15% — now 9.4%
- Ambitious, capable management
- A small company with a large opportunity
- Patience to hold for years
Couldn't check from available data: Strong earnings growth ≥ 20% — not available
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Passes 1 of 6 of Benjamin Graham's numeric checks. Still judge the non-numeric criteria below for yourself.
- Debt below equity (D/E ≤ 1.0) — now 0.93
- P/E ≤ 15 — now 26.77
- P/B ≤ 1.5 — now 2.53
- Graham number: P/E × P/B ≤ 22.5 — now 67.7
- Strong liquidity (current ratio ≥ 1.5) — now 1.24
- Financially safe (Altman Z ≥ 3) — now 1.4
- A long record of stable earnings
- An uninterrupted dividend history
Financial statements (INR)
↗ sourceCash-flow lines highlighted — we trust cash over reported profit.
| Line | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 56.97B | 50.74B | 48.66B | 33.97B | — |
| Operating income | 11.15B | 11.25B | 8.87B | 5.48B | — |
| EBITDA | 16.26B | 16.54B | 13.44B | 10.10B | — |
| Net income | 6.44B | 6.86B | 4.52B | 2.91B | — |
| Operating cash flow | -1.37B | 9.95B | 3.34B | 9.66B | — |
| Capex | -17.39B | -6.39B | -2.69B | -3.23B | — |
| Free cash flow | -18.76B | 3.56B | 654.30M | 6.44B | — |
| Total assets | 262.53B | 220.90B | 178.86B | 163.77B | — |
| Total equity | 68.20B | 56.38B | 35.16B | 32.45B | — |
| Total debt | 63.44B | 59.49B | 58.86B | 49.88B | — |
| Cash & equivalents | 14.86B | 12.99B | 4.70B | 2.30B | — |