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19 Sep 2025 |
Brigade Enterprises
|
Consensus Share Price Target
|
939.00 |
1269.45 |
- |
35.19 |
buy
|
|
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04 Aug 2022
|
Brigade Enterprises
|
Edelweiss
|
939.00
|
627.00
|
514.75
(82.42%)
|
|
Buy
|
|
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Hospitality segment outperforms
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04 Aug 2022
|
Brigade Enterprises
|
ICICI Direct
|
939.00
|
595.00
|
515.35
(82.21%)
|
Target met |
Buy
|
|
|
|
|
27 May 2022
|
Brigade Enterprises
|
Edelweiss
|
939.00
|
505.00
|
443.20
(111.87%)
|
Target met |
Buy
|
|
|
The company recorded its best ever residential performance in FY22
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|
17 May 2022
|
Brigade Enterprises
|
Edelweiss
|
939.00
|
605.00
|
439.00
(113.90%)
|
|
Buy
|
|
|
Strong launch pipeline and robust retail consumption
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15 May 2022
|
Brigade Enterprises
|
ICICI Direct
|
939.00
|
550.00
|
407.90
(130.20%)
|
Target met |
Buy
|
|
|
|
|
06 Feb 2022
|
Brigade Enterprises
|
ICICI Securities Limited
|
939.00
|
600.00
|
506.30
(85.46%)
|
|
Buy
|
|
|
Q3FY22 Results: BEL's performance was a mixed bag. On the financial front, reported revenues grew ~42.9% YoY to | 921 crore on account of higher revenue recognition from real estate at | 703 crore, up 30.6% YoY. Revenues from hospitality were up 105% YoY at | 62.6 crore with rental revenues at | 167.4 crore, up 22.6% YoY. EBITDA margins were up 493 bps YoY to 28%. PAT was at | 78.4 crore What should investors do? BEL's share price has grown ~4.4x over the past five...
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13 Nov 2021
|
Brigade Enterprises
|
ICICI Securities Limited
|
939.00
|
600.00
|
502.40
(86.90%)
|
|
Buy
|
|
|
On financial front, reported revenues grew ~142% YoY to | 753 crore, with strong revenue recognition from real estate at | 598 crore. Revenues from hospitality (up 131% YoY) and rental revenues at | 136 crore, up 22% YoY, also saw smart recovery. Reported EBITDA margins were down 281 bps YoY to 25.3%. The company reported PAT of | 12 crore What should investors do? BEL's share price has grown ~5x over the past five...
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13 Nov 2021
|
Brigade Enterprises
|
Edelweiss
|
939.00
|
600.00
|
502.40
(86.90%)
|
|
Buy
|
|
|
Strong Operating Performance
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09 Aug 2021
|
Brigade Enterprises
|
ICICI Securities Limited
|
939.00
|
405.00
|
340.25
(175.97%)
|
Target met |
Buy
|
|
|
The company reported sales volume of 0.77 mn sq feet, strong growth of ~91% YoY and decline of 54% QoQ. Pre-sales (sales value) were up ~92% YoY (down 53% QoQ) at | 480 crore, with realisations up 5% YoY at | 6275/square feet (led by project mix and price hikes) On financial reported numbers, reported revenues grew 88.3% YoY to | 383 crore, down 52% QoQ, on account of weak traction in hospitality (down 63% QoQ) and weak rental revenues at | 112 crore, down 8% QoQ. Revenue recognition from real estate was at | 259.5 crore. The company reported...
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20 May 2021
|
Brigade Enterprises
|
ICICI Securities Limited
|
939.00
|
320.00
|
264.05
(255.61%)
|
Target met |
Buy
|
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During the quarter, BEL launched projects spanning ~3 msf (~6 msf for FY21). The company indicated that 30% of the sales value were from new projects in Q4FY21 and Hyderabad & Chennai accounted for 40% of the volumes. Going ahead, BEL has a launch pipeline of 1.43 msf (BEL's share: 0.91 msf) and further projects worth ~2 msf is likely to get approval for launch within the next two quarters. This should aid sales volume ahead along with continued traction in ongoing projects (~7.2 msf of area to be sold) as well as land bank of ~27 msf. Post a strong 4.6 msf sales volume in...
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