Introduction:
Leading real estate firm reported a 221.36% year-on-year rise in net profit to ₹236.2 crore for Q3 FY25, with revenue growing 24.7% to ₹1,463.9 crore. Strong sales and improved margins reflect its robust financial performance.
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Share price movement of Brigade Enterprises:
On January 30, 2025, Brigade Enterprises Ltd. opened at ₹1,150.00, up 5.28% from its previous close of ₹1,092.40. The stock reached a high of ₹1,177.95 (7.83%) and a low of ₹1,110.15. By 10:15 AM, it traded at ₹1,125.00, a 2.98% increase, with a market cap of ₹27,478.37 crore.
Brigade Enterprises Reports Surge in Q3 Net Profit:
Realty firm Brigade Enterprises Ltd. reported a 221.36% year-on-year rise in net profit to ₹236.2 crore for Q3 FY25, up from ₹73.5 crore in the year-ago period. Revenue from operations grew 24.7% to ₹1,463.9 crore.
At the operating level, EBITDA increased 57.8% year-on-year to ₹413.7 crore, with the EBITDA margin improving to 28.3% from 22.3% in Q3 FY24. Total income for the quarter stood at ₹1,529.68 crore, up from ₹1,208.18 crore in the corresponding period of the previous fiscal.
The Bengaluru-based company also recorded a 63% surge in sale bookings, reaching ₹2,492 crore in Q3 FY25. Strong sales performance and improved margins highlight Brigade Enterprises’ robust financial growth and sustained demand in the real estate sector.
Recent news on Brigade Enterprises:
As of January 14, 2025, Brigade Enterprises Ltd. signed an MoU with Technopark to develop a World Trade Center and business hotel in Thiruvananthapuram, Kerala. The ₹1,500 crore project aims to create 1.5 million sq. ft. of infrastructure and 10,000 jobs.
Ace investor holding in Brigade Enterprises:
Manjula M K
Manjula M K holds a 2.75% stake in Brigade Enterprises Ltd., amounting to 6,728,818 shares valued at ₹753.0 crore. This investment highlights her significant ownership in the leading real estate firm, contributing to its overall market presence.
M G Suraj
M G Suraj holds a 1.32% stake in Brigade Enterprises Ltd., comprising 3,226,150 shares valued at ₹721.8 crore. This substantial holding reflects his key position as a significant shareholder in the company.
Stock performance of Brigade Enterprises for Period of 1 week, 6 months and 1 year:
Brigade Enterprises Ltd. posted a 3.40% return over the past week, reflecting positive momentum. However, the stock has declined 8.80% over the past six months, while maintaining a 6.61% growth over the past year, showcasing long-term resilience despite short-term volatility.
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Shareholding pattern of Brigade Enterprises:
All values in % | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 41.40% | 41.40% | 43.70% |
FII | 20.20% | 18.50% | 16.20% |
DII | 22.90% | 24.00% | 22.90% |
Public | 16% | 16.10% | 17.30% |
About Brigade Enterprises:
Brigade Enterprises Ltd. (NSE: BRIGADE), established in 1986, is a leading real estate developer in South India. With over 280 buildings and 86+ million square feet developed, it operates in multiple cities and serves over 40,000 customers.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.