BRIGADE.NS vs. LODHA.NS

Last updated Jun 5, 2026

BRIGADE.NS (Brigade Enterprises Limited) and LODHA.NS (Macrotech Developers Limited) are both stocks. Both operate in the Real Estate - Development industry within the Real Estate sector. Over the past 5 years, BRIGADE.NS returned 19.67%/yr vs 23.11%/yr for LODHA.NS. At a 0.34 correlation, their price movements are largely independent.

Performance

BRIGADE.NS vs. LODHA.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Brigade Enterprises Limited (BRIGADE.NS) and Macrotech Developers Limited (LODHA.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRIGADE.NS achieves a -26.63% return, which is significantly lower than LODHA.NS's -16.92% return.

BRIGADE.NS

• 1D: -0.74%
• 1M: -17.99%
• YTD: -26.63%
• 6M: -27.17%
• 1Y: -46.33%
• 3Y*: 4.66%
• 5Y*: 19.67%
• 10Y*: 21.07%

LODHA.NS

• 1D: 0.29%
• 1M: -2.87%
• YTD: -16.92%
• 6M: -20.53%
• 1Y: -38.77%
• 3Y*: 16.84%
• 5Y*: 23.11%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRIGADE.NS vs. LODHA.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
BRIGADE.NS Brigade Enterprises Limited	-26.63%	-28.62%	38.83%	93.49%	-4.85%	98.27%
LODHA.NS Macrotech Developers Limited	-16.92%	-23.36%	35.98%	87.92%	-11.57%	165.13%

Correlation

The correlation between BRIGADE.NS and LODHA.NS is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Apr 20, 2021	0.34

Return for Risk

BRIGADE.NS vs. LODHA.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRIGADE.NS

BRIGADE.NS Risk / Return Rank: 3
BRIGADE.NS Sharpe Ratio Rank: 0
BRIGADE.NS Sortino Ratio Rank: 1
BRIGADE.NS Omega Ratio Rank: 2
BRIGADE.NS Calmar Ratio Rank: 5
BRIGADE.NS Martin Ratio Rank: 8

LODHA.NS

LODHA.NS Risk / Return Rank: 8
LODHA.NS Sharpe Ratio Rank: 2
LODHA.NS Sortino Ratio Rank: 4
LODHA.NS Omega Ratio Rank: 5
LODHA.NS Calmar Ratio Rank: 16
LODHA.NS Martin Ratio Rank: 11

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRIGADE.NS vs. LODHA.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brigade Enterprises Limited (BRIGADE.NS) and Macrotech Developers Limited (LODHA.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BRIGADE.NS	LODHA.NS	Difference
Sharpe ratio: Return per unit of total volatility	-1.52	-1.15	-0.37
Sortino ratio: Return per unit of downside risk	-2.53	-1.69	-0.85
Omega ratio: Gain probability vs. loss probability	0.73	0.80	-0.06
Calmar ratio: Return relative to maximum drawdown	-0.92	-0.70	-0.22
Martin ratio: Return relative to average drawdown	-1.40	-1.31	-0.09
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRIGADE.NS vs. LODHA.NS - Sharpe Ratio Comparison

The current BRIGADE.NS Sharpe Ratio is -1.52, which is lower than the LODHA.NS Sharpe Ratio of -1.15. The chart below compares the historical Sharpe Ratios of BRIGADE.NS and LODHA.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRIGADE.NS	LODHA.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.52	-1.15	-0.37
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.52	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.67	-0.53

Drawdowns

BRIGADE.NS vs. LODHA.NS - Drawdown Comparison

The maximum BRIGADE.NS drawdown since its inception was -92.64%, which is greater than LODHA.NS's maximum drawdown of -57.34%. Use the drawdown chart below to compare losses from any high point for BRIGADE.NS and LODHA.NS.

Drawdown Indicators

	BRIGADE.NS	LODHA.NS	Difference
Max Drawdown Largest peak-to-trough decline	-92.64%	-57.34%	-35.30%
Max Drawdown (1Y) Largest decline over 1 year	-50.21%	-55.20%	+4.99%
Max Drawdown (3Y) Largest decline over 3 years	-55.54%	-57.34%	+1.80%
Max Drawdown (5Y) Largest decline over 5 years	-55.54%	-57.34%	+1.80%
Max Drawdown (10Y) Largest decline over 10 years	-61.56%	—	—
Current Drawdown Current decline from peak	-54.51%	-44.43%	-10.08%
Average Drawdown Average peak-to-trough decline	-44.61%	-19.74%	-24.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.01%	29.56%	+3.45%

Volatility

BRIGADE.NS vs. LODHA.NS - Volatility Comparison

The current volatility for Brigade Enterprises Limited (BRIGADE.NS) is 8.53%, while Macrotech Developers Limited (LODHA.NS) has a volatility of 11.06%. This indicates that BRIGADE.NS experiences smaller price fluctuations and is considered to be less risky than LODHA.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRIGADE.NS	LODHA.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.53%	11.06%	-2.53%
Volatility (6M) Calculated over the trailing 6-month period	23.43%	28.40%	-4.97%
Volatility (1Y) Calculated over the trailing 1-year period	30.49%	33.78%	-3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.35%	45.06%	-7.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.85%	45.34%	-6.49%

Dividends

BRIGADE.NS vs. LODHA.NS - Dividend Comparison

BRIGADE.NS's dividend yield for the trailing twelve months is around 0.39%, less than LODHA.NS's 0.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRIGADE.NS Brigade Enterprises Limited	0.39%	0.28%	0.16%	0.22%	0.32%	0.24%	0.40%	0.61%	0.92%	0.79%	1.33%	1.30%
LODHA.NS Macrotech Developers Limited	0.48%	0.40%	0.16%	0.10%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Financials

Frequently Asked Questions

Can I hold both BRIGADE.NS and LODHA.NS in my portfolio?

BRIGADE.NS and LODHA.NS have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.