INTRODUCTION

Vision and Mission

Brigade Enterprises Ltd is a land advancement organization. They are one of the main
property engineers in the urban communities of Bangalore and Mysore, and are growing to
different urban areas in Southern India. The organization is fundamentally occupied with the
advancement of private, business and accommodation properties in South India.
The organization was built up on May 29, 1990 as an association firm with the name Brigade
Enterprises which was therefore changed over into a private constrained organization called
Brigade Enterprises Pvt Ltd on November 8, 1995. The organization was consolidated as an
open constrained organization with the present name on July 20, 2007.
The organization finished the development of Brigade Gardens in January 1992. In April
1994, they finished the extravagance lofts venture, Brigade Residency in Mysore which is
initial one outside Bangalore. In June 2000, they propelled 'Property I' scope of extravagance
administration condo in Bangalore and in December 2001, they finished the task to be
specific Komarla Brigade Residency, which is an eco-accommodating building.
In August 2002, Brigade Developers Pvt Ltd and Brigade Investments and Projects Pvt Ltd
converged with organization with impact from April 1, 2001. In June 1, 2004, the
organization joined Brigade Hospitality Services Pvt Ltd as a 100% auxiliary organization. In
October 2005, Brigade Constructions Pvt Ltd converged with organization with impact from
April 1, 2004. In June 2006, they finished the undertaking, Brigade Millennium which is an
incorporated way of life enclave in Bangalore.
The organization fused Brigade Estates and Projects Pvt Ltd and Brigade Properties Ltd on
December 7, 2006 and May 16, 2007 separately. The organization finished the undertakings,
Brigade Gateway at Malleswaram and Brigade Metropolis at Whitefield amid the years
which are a piece of coordinated way of life enclaves created by the organization.
In July 2008, the organization won an offer for the property of 10.5 sections of land on Old
Madras Road, Bangalore. Additionally, they dispatched their IT SEZ venture Kochi. The
organization had as of late stowed the delicate to co-create five sections of land of area in
Kochi to create around 6 lakh sq ft IT SEZ space. The task is relied upon to be finished in
around 2 years.

Brigade Enterprises Ltd has secured a spot in the most recent yearly 'Best under a Billion'
rundown for the Asia-Pacific district in the US magazine Forbes.
COMPANYS SOURCE OF FUND
SHARE CAPITAL:
The authorised share capital of the Company is Rs. 150,00,00,000/-divided into 15,00,00,000
equity shares of Rs. 10/- each. During the year, the Company had issued and allotted 4,91,700
equity shares of the Company to the eligible employees on exercise of options granted under
the Brigade Enterprises Limited Employee Stock Option Scheme, 2011.
Consequently, the issued, subscribed and paid-up equity share capital

profit
140
120
100
profit

80
60
40
20
0
2015

2014

2013

2012

2011

FINANCIAL OVERVIEW: During the financial year 2014-15, the Company has on a
standalone basis, clocked a total income of ` 100,801 Lakhs as compared to ` 91,577 Lakhs
for the previous year ended 31st March, 2014, an increase of 10% on a year-on- year basis.
EBITDA has increased from ` 30,194 Lakhs to ` 31,525 Lakhs an increase of 4%. Profit after
tax was at ` 7,000 Lakhs for the financial year ended 31st March, 2015 as compared to `
8,980 Lakhs for the previous year, a decrease by 22%. 32 Brigade Enterprises Limited The
consolidated revenue for the Company for the financial year 2014-15 was ` 1,33,084 Lakhs as
compared to ` 96,669 Lakhs in the previous year, a growth of 38% on year-on-year basis.
EBITDA increased from ` 31,842 Lakhs in the previous year to ` 40,305 lakhs, for the
financial year 2014-15, an increase of 27%. Profit after tax was at ` 11,495 Lakhs for the

financial year ended 31st March, 2015 as compared to ` 8,895 Lakhs for the previous year, an
increase by 29%.

rate of dividend
25
20
15

rate of dividend

10
5
0
2015

2014

2013

2012

2011

DIVIDEND:
The Board of Directors of the Company have recommended a dividend of Rs. 2.00 (Rupees
Two only) (20%) per Equity Share of Rs. 10 each which is subject to the approval of the
Shareholders in the ensuing Annual General Meeting of the Company. The total payment on
account of Dividend (including Dividend Tax) shall be Rs. 2,706 Lakhs.
90
80
70
60
50

retention ratio

40

payout ratio

30
20
10
0
2015

2014

2013

2012

2011

This chart shows the dividend payout ratio and the retention ratio. Highest retention was done
in year 2011 that is 85.88(in crore) least is done in 2015 67.78(in crore). This means that the
payout ratio in 2015 is most 33.21(in crore). Rate of divided in 2015 is 20 and 15 in 2011.
This shows company is distributing more than retention. This chart least payout was in 2011
and highest retention was also in 2011. Data of 5 yrs. show the change in the dividend policy.

EPS
12
10
8

EPS

6
4
2
0
2015

2014

2013

2012

2011

current ratio
1.6
1.4
1.2
1

current ratio

0.8
0.6
0.4
0.2
0
2015

2014

2013

2012

2011

asset turnover
2015
18.91 27.73

2013
2012

21.52
30.39
28.19

2014

2011