Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Brigade Enterprises Ltd
Quarter-by-quarter operating performance
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 843 | 654 | 1,367 | 1,174 | 1,702 | 1,078 | 1,072 | 1,464 | 1,460 | 1,281 | 1,383 | 1,575 | 1,458 |
| Expenses + | 641 | 479 | 1,042 | 912 | 1,270 | 785 | 780 | 1,050 | 1,044 | 958 | 1,056 | 1,164 | 1,093 |
| Operating Profit | 202 | 175 | 325 | 262 | 433 | 293 | 292 | 414 | 416 | 323 | 328 | 411 | 365 |
| OPM % | 24% | 27% | 24% | 22% | 25% | 27% | 27% | 28% | 28% | 25% | 24% | 26% | 25% |
| Other Income + | 47 | 31 | 41 | 34 | 60 | 36 | 66 | 66 | 72 | 52 | 46 | 29 | 72 |
| Interest | 100 | 108 | 110 | 135 | 138 | 152 | 123 | 114 | 107 | 106 | 102 | 90 | 112 |
| Depreciation | 83 | 68 | 76 | 82 | 76 | 68 | 69 | 76 | 76 | 76 | 76 | 80 | 80 |
| Profit before tax | 65 | 30 | 180 | 79 | 279 | 108 | 166 | 289 | 306 | 194 | 196 | 270 | 245 |
| Tax % | 3% | 27% | 38% | 30% | 24% | 26% | 31% | 18% | 18% | 18% | 13% | 24% | 22% |
| Net Profit + | 63 | 22 | 112 | 56 | 211 | 81 | 115 | 236 | 249 | 158 | 170 | 206 | 191 |
| EPS in Rs | 3.00 | 1.67 | 5.78 | 3.18 | 8.92 | 3.62 | 4.87 | 9.67 | 10.10 | 6.13 | 6.65 | 7.63 | 5.95 |
Financials of Brigade Enterprises Ltd
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 1,311 | 2,038 | 2,024 | 1,897 | 2,973 | 2,632 | 1,950 | 2,999 | 3,445 | 4,897 | 5,074 | 5,697 |
| Expenses + | 928 | 1,548 | 1,444 | 1,341 | 2,174 | 1,965 | 1,474 | 2,229 | 2,578 | 3,695 | 3,654 | 4,270 |
| Operating Profit | 383 | 490 | 580 | 557 | 799 | 667 | 476 | 770 | 866 | 1,202 | 1,421 | 1,427 |
| OPM % | 29% | 24% | 29% | 29% | 27% | 25% | 24% | 26% | 25% | 25% | 28% | 25% |
| Other Income + | 20 | 34 | 29 | 36 | 47 | 27 | -17 | 9 | 161 | 160 | 233 | 198 |
| Interest | 131 | 199 | 246 | 259 | 278 | 340 | 347 | 444 | 434 | 491 | 495 | 409 |
| Depreciation | 99 | 106 | 123 | 138 | 140 | 192 | 237 | 351 | 315 | 302 | 289 | 312 |
| Profit before tax | 172 | 219 | 240 | 196 | 427 | 161 | -125 | -15 | 278 | 569 | 869 | 904 |
| Tax % | 33% | 37% | 31% | 32% | 34% | 29% | -23% | 331% | 20% | 29% | 22% | 20% |
| Net Profit + | 116 | 139 | 167 | 133 | 282 | 114 | -96 | -65 | 222 | 401 | 680 | 725 |
| EPS in Rs | 5.63 | 7.30 | 8.98 | 6.82 | 11.74 | 6.39 | -2.20 | 3.59 | 12.63 | 19.54 | 28.06 | 26.35 |
| Dividend Payout % | 24% | 18% | 19% | 20% | 11% | 31% | -55% | 42% | 16% | 10% | 9% | 8% |
Financials of Brigade Enterprises Ltd
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 113 | 113 | 114 | 136 | 136 | 204 | 211 | 230 | 231 | 231 | 244 | 245 |
| Reserves | 1,244 | 1,425 | 1,581 | 2,151 | 2,033 | 2,077 | 2,137 | 2,680 | 3,014 | 3,285 | 5,394 | 6,576 |
| Borrowings + | 1,663 | 2,459 | 2,576 | 3,390 | 3,785 | 4,522 | 5,005 | 4,906 | 4,634 | 5,470 | 5,464 | 6,344 |
| Other Liabilities + | 1,278 | 2,000 | 2,079 | 2,133 | 4,845 | 5,448 | 6,461 | 7,285 | 8,486 | 8,874 | 10,973 | 13,089 |
| Total Liabilities | 4,298 | 5,997 | 6,350 | 7,810 | 10,800 | 12,251 | 13,814 | 15,101 | 16,365 | 17,860 | 22,076 | 26,253 |
| Fixed Assets + | 1,362 | 340 | 1,431 | 1,805 | 2,277 | 2,998 | 5,020 | 4,905 | 4,681 | 5,747 | 6,899 | 8,545 |
| CWIP | 486 | 1,411 | 1,564 | 2,129 | 2,010 | 2,097 | 495 | 541 | 740 | 78 | 138 | 216 |
| Investments | 34 | 994 | 54 | 236 | 98 | 72 | 89 | 509 | 62 | 50 | 43 | 60 |
| Other Assets + | 2,416 | 3,252 | 3,302 | 3,640 | 6,416 | 7,083 | 8,210 | 9,147 | 10,882 | 11,985 | 14,995 | 17,433 |
| Total Assets | 4,298 | 5,997 | 6,350 | 7,810 | 10,800 | 12,251 | 13,814 | 15,101 | 16,365 | 17,860 | 22,076 | 26,253 |
Financials of Brigade Enterprises Ltd
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 26 | 339 | 398 | 49 | 467 | 465 | 803 | 1,032 | 966 | 334 | 995 | -137 |
| Cash from Investing Activity + | -384 | -948 | -335 | -1,084 | -452 | -717 | -748 | -971 | -271 | -379 | -590 | -1,436 |
| Cash from Financing Activity + | 373 | 631 | -58 | 1,032 | 45 | 321 | 30 | 33 | -695 | 241 | 860 | 1,202 |
| Net Cash Flow | 16 | 21 | 5 | -4 | 60 | 69 | 84 | 94 | 1 | 195 | 1,265 | -372 |
| Free Cash Flow | -193 | -570 | 29 | -865 | -133 | -268 | 336 | 824 | 701 | 66 | 358 | -1,871 |
| CFO/OP | 20% | 69% | 82% | 26% | 72% | 79% | 180% | 148% | 130% | 48% | 93% | 26% |
Financials of Brigade Enterprises Ltd
Working capital efficiency and return ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 4 | 8 | 7 | 34 | 52 | 60 | 99 | 61 | 49 | 37 | 45 | 38 |
| Inventory Days | 3,042 | 3,244 | 3,898 | 2,040 | 3,653 | 9,712 | 8,486 | 2,094 | 4,134 | 4,667 | ||
| Days Payable | 559 | 740 | 942 | 258 | 351 | 949 | 885 | 206 | 366 | 361 | ||
| Cash Conversion Cycle | 4 | 2,491 | 2,511 | 2,991 | 1,834 | 3,362 | 8,861 | 7,662 | 49 | 1,926 | 3,813 | 4,345 |
| Working Capital Days | -11 | 7 | -0 | 59 | 66 | 41 | -64 | -57 | -61 | 8 | -66 | 29 |
| ROCE % | 11% | 12% | 11% | 9% | 12% | 8% | 4% | 6% | 8% | 13% | 13% | 11% |