Brigade Enterprises Limited Valuation

BRIGADE · Realty · Current price ₹575

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DocStoX fair value
₹199
medium confidence · 25/100
Current price
₹639
Upside to fair value
-68.8%
Estimate range
₹179 – ₹338
P/E ratio
29.1x
P/B ratio
3.1x
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Is Brigade Enterprises Limited undervalued?

We estimate the fair value of Brigade Enterprises Limited at ₹199 per share, against a market price of ₹639. That puts the share price about -68.8% above our estimate, at medium confidence. This is our view of what the business is worth, not a target price or a forecast of where the share price will go.

How this fair value is calculated

This estimate comes from 1 method: Residual income (legacy engine) (₹199). Each is weighted by how well its inputs held up for this company. The full working, including the assumptions and what data was missing, is set out below.

The range around this estimate

Our estimate for Brigade Enterprises Limited spans ₹179 to ₹338. A margin of safety means buying meaningfully below the estimate: the wider the range, the more room the assumptions leave for error.

Valuation multiples

Brigade Enterprises Limited trades at a P/E of 29.1x and a P/B of 3.1x, with a dividend yield of 0.3%. Multiples are most useful compared against the company's own history and its sector peers — see the peer comparison for context.

How we got this fair value

Every number below is part of the same estimate for Brigade Enterprises Limited. Nothing here is a target price or a forecast of where the share price will go.

Medium confidence25/100

Workable, with real gaps. Weigh it alongside your own view rather than on its own.

Estimate range ₹179 – ₹338

Why this method for this business

The legacy residual income model is appropriate for a real estate developer with a focus on book value and sustainable ROE, given the nature of the business and the data available.

The models behind the number

Each method is weighted by how well its inputs held up for this company.

Residual income (legacy engine)
₹199100% weight

Book-value residual income with per-category routing (legacy engine)

  • Discounted cash flow (DCF) is not suitable for real estate due to the illiquidity and cyclical nature of the sector.
  • Price-to-earnings (P/E) is not suitable due to the volatility and non-recurring nature of earnings in the real estate sector.

What was missing

  • Lack of forward-looking analyst estimates for certain periods
  • Limited data on the company's long-term growth prospects

What drives it

3 inputs, grouped by how strong each claim is
MacroEconomy-wide input, not company-specific.
Cost of equity
13.5%

building-block

JudgementOur read of the evidence, not a measurement.
Moat
None

computed

Uncertainty
Very High

computed

Who computed this

A language model (qwen3:8b) selects the valuation method and the judgement inputs for Brigade Enterprises Limited: which models suit the business, the moat, the growth and margin assumptions. It does not produce the number. The fair value itself is computed in Python by a deterministic engine (version 2026.08.1) from those inputs, so the same inputs always give the same result and every figure above can be traced to a source.

Estimated 14 Sept 2026. Re-run as new financials and news arrive.

How we value stocks

We estimate what a business is worth from its own economics: cash flows, returns on capital, and a multiple justified by its quality, rather than from where the share price has been. A fair value estimate is a view, not a verdict, and it is only as good as the inputs listed above.

Read the full fair-value methodology

Understand the ratios

More on Brigade Enterprises Limited

DocStoX estimates are computed from reported financials, for informational purposes only, not investment advice. Consult a SEBI-registered advisor before investing.