BRIGADE.NS vs. M&MFIN.NS

Last updated Jun 4, 2026

BRIGADE.NS (Brigade Enterprises Limited) and M&MFIN.NS (Mahindra & Mahindra Financial Services Limited) are both stocks. BRIGADE.NS operates in Real Estate - Development (Real Estate), while M&MFIN.NS operates in Credit Services (Financial Services). Over the past 10 years, BRIGADE.NS returned 20.94%/yr vs 5.14%/yr for M&MFIN.NS. At a 0.24 correlation, their price movements are largely independent.

Performance

BRIGADE.NS vs. M&MFIN.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Brigade Enterprises Limited (BRIGADE.NS) and Mahindra & Mahindra Financial Services Limited (M&MFIN.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 -26.08% return, which is significantly higher than M&MFIN.NS's -27.90% return. Over the past 10 years, BRIGADE.NS has outperformed M&MFIN.NS with an annualized return of 20.94%, while M&MFIN.NS has yielded a comparatively lower 5.14% annualized return.

BRIGADE.NS

• 1D: 0.57%
• 1M: -17.35%
• YTD: -26.08%
• 6M: -26.13%
• 1Y: -46.76%
• 3Y*: 5.16%
• 5Y*: 19.84%
• 10Y*: 20.94%

M&MFIN.NS

• 1D: -1.27%
• 1M: -4.36%
• YTD: -27.90%
• 6M: -18.27%
• 1Y: 12.79%
• 3Y*: 1.26%
• 5Y*: 13.48%
• 10Y*: 5.14%

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

BRIGADE.NS vs. M&MFIN.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRIGADE.NS Brigade Enterprises Limited	-26.08%	-28.62%	38.83%	93.49%	-4.85%	97.56%	14.74%	51.46%	-30.11%	111.86%
M&MFIN.NS Mahindra & Mahindra Financial Services Limited	-27.90%	55.88%	-2.27%	20.13%	60.21%	-14.42%	-11.04%	-30.78%	0.94%	76.18%

Correlation

The correlation between BRIGADE.NS and M&MFIN.NS is 0.25, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.25
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.27
Correlation (10Y) Calculated over the trailing 10-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jan 1, 2008	0.24

Return for Risk

BRIGADE.NS vs. M&MFIN.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: 7

M&MFIN.NS

M&MFIN.NS Risk / Return Rank: 51
M&MFIN.NS Sharpe Ratio Rank: 54
M&MFIN.NS Sortino Ratio Rank: 49
M&MFIN.NS Omega Ratio Rank: 47
M&MFIN.NS Calmar Ratio Rank: 51
M&MFIN.NS Martin Ratio Rank: 52

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. M&MFIN.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brigade Enterprises Limited (BRIGADE.NS) and Mahindra & Mahindra Financial Services Limited (M&MFIN.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	M&MFIN.NS	Difference
Sharpe ratio: Return per unit of total volatility	-1.53	0.36	-1.90
Sortino ratio: Return per unit of downside risk	-2.56	0.79	-3.36
Omega ratio: Gain probability vs. loss probability	0.73	1.09	-0.36
Calmar ratio: Return relative to maximum drawdown	-0.93	0.41	-1.34
Martin ratio: Return relative to average drawdown	-1.42	1.01	-2.44
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. M&MFIN.NS - Sharpe Ratio Comparison

The current BRIGADE.NS Sharpe Ratio is -1.53, which is lower than the M&MFIN.NS Sharpe Ratio of 0.36. The chart below compares the historical Sharpe Ratios of BRIGADE.NS and M&MFIN.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	M&MFIN.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.53	0.36	-1.90
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.40	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.13	+0.42
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.35	-0.21

Drawdowns

BRIGADE.NS vs. M&MFIN.NS - Drawdown Comparison

The maximum BRIGADE.NS drawdown since its inception was -92.64%, which is greater than M&MFIN.NS's maximum drawdown of -75.24%. Use the drawdown chart below to compare losses from any high point for BRIGADE.NS and M&MFIN.NS.

Drawdown Indicators

	BRIGADE.NS	M&MFIN.NS	Difference
Max Drawdown Largest peak-to-trough decline	-92.64%	-75.24%	-17.40%
Max Drawdown (1Y) Largest decline over 1 year	-50.21%	-31.38%	-18.83%
Max Drawdown (3Y) Largest decline over 3 years	-55.54%	-31.38%	-24.16%
Max Drawdown (5Y) Largest decline over 5 years	-55.54%	-35.51%	-20.03%
Max Drawdown (10Y) Largest decline over 10 years	-61.56%	-75.24%	+13.68%
Current Drawdown Current decline from peak	-54.17%	-28.15%	-26.02%
Average Drawdown Average peak-to-trough decline	-44.61%	-20.89%	-23.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.87%	12.60%	+20.27%

Volatility

BRIGADE.NS vs. M&MFIN.NS - Volatility Comparison

The current volatility for Brigade Enterprises Limited (BRIGADE.NS) is 9.10%, while Mahindra & Mahindra Financial Services Limited (M&MFIN.NS) has a volatility of 10.75%. This indicates that BRIGADE.NS experiences smaller price fluctuations and is considered to be less risky than M&MFIN.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRIGADE.NS	M&MFIN.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.10%	10.75%	-1.65%
Volatility (6M) Calculated over the trailing 6-month period	23.44%	29.43%	-5.99%
Volatility (1Y) Calculated over the trailing 1-year period	30.88%	35.14%	-4.26%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.34%	34.34%	+3.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.86%	41.07%	-2.21%

Dividends

BRIGADE.NS vs. M&MFIN.NS - Dividend Comparison

BRIGADE.NS's dividend yield for the trailing twelve months is around 0.38%, less than M&MFIN.NS's 2.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRIGADE.NS Brigade Enterprises Limited	0.38%	0.28%	0.16%	0.22%	0.32%	0.24%	0.40%	0.61%	0.92%	0.79%	1.33%	1.30%
M&MFIN.NS Mahindra & Mahindra Financial Services Limited	2.24%	1.61%	2.31%	2.11%	1.49%	0.52%	0.00%	1.96%	0.82%	0.49%	1.44%	1.61%

Financials

Frequently Asked Questions

Can I hold both BRIGADE.NS and M&MFIN.NS in my portfolio?

BRIGADE.NS and M&MFIN.NS have a correlation of 0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.