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Bright Brothers share price

Bright Brothers Ltd.

NSE: BRIGHTBROS BSE: 526731 SECTOR: Plastic Products  9762   26   3

157.00
+0.80 (0.51%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 158

Today's Low

₹ 156

52 Week High

₹ 199.8

52 Week Low

₹ 135.1

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

89.18 Cr.

Enterprise Value

103.4 Cr.

No. of Shares

0.57 Cr.

P/E

0

P/B

1.29

Face Value

₹ 10

Div. Yield

0.64 %

Book Value (TTM)

₹  122.13

CASH

2.83 Cr.

DEBT

17.05 Cr.

Promoter Holding

54.22 %

EPS (TTM)

₹  -6.82

Sales Growth

-10.21%

ROE

-4.5 %

ROCE

-3.03%

Profit Growth

-110.71 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year-10.21%
3 Year-1.73%
5 Year-0.73%

Profit Growth

1 Year-110.71%
3 Year-199.68%
5 Year-223.25%

ROE%

1 Year-4.5%
3 Year19.27%
5 Year14.12%

ROCE %

1 Year-3.03%
3 Year23.77%
5 Year21.06%

Debt/Equity

0.2336

Price to Cash Flow

210.73

Interest Cover Ratio

-0.724592154585291

CFO/PAT (5 Yr. Avg.)

1.12621312759596

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 54.22 0
Dec 2023 54.22 0
Sep 2023 54.22 0
Jun 2023 54.22 0
Mar 2023 54.22 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 49.7142434348036 days.
  • The company has a high promoter holding of 54.22%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.99211849342371.

 Limitations

  • The company has shown a poor profit growth of -199.676764639644% for the Past 3 years.
  • The company has shown a poor revenue growth of -1.73348135214036% for the Past 3 years.
  • Company has low Interest coverage ratio of -0.724592154585291.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 42.6 47.27 65.4 57.82 55.91
Total Expenditure 43.31 48.58 63.21 56.12 52.99
Operating Profit -0.71 -1.3 2.2 1.7 2.92
Other Income 0.34 0.73 0.65 0.3 0.26
Interest 0.93 0.73 1.5 1.61 1.58
Depreciation 1.39 1.56 2.02 2.07 2.31
Exceptional Items 0 0 0 0 0
Profit Before Tax -2.7 -2.86 -0.67 -1.68 -0.71
Tax -0.67 -2.12 0 -0.03 0.1
Profit After Tax -2.03 -0.74 -0.67 -1.65 -0.81
Adjusted EPS (Rs) -3.57 -1.3 -1.19 -2.9 -1.42

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 230.79 217.87 202.27 230.25 206.74
Total Expenditure 217.11 202.21 184.56 217.19 205.5
Operating Profit 13.67 15.67 17.71 13.07 1.24
Other Income 0.41 0.27 0.79 1.32 1.82
Interest 6.22 5.42 4.33 4.71 3.79
Depreciation 5.77 5.9 5.77 6.21 5.81
Exceptional Items 0 0 0 35.07 0
Profit Before Tax 2.1 4.61 8.4 38.53 -6.53
Tax 0.1 1.15 2.7 6.57 -3.11
Net Profit 2 3.46 5.71 31.96 -3.42
Adjusted EPS (Rs.) 3.53 6.09 10.05 56.31 -6.02

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 5.68 5.68 5.68 5.68 5.68
Total Reserves 37.95 38.21 44.04 73.57 67.31
Borrowings 3.71 4.81 10.73 5.69 12.04
Other N/C liabilities 2.53 2.5 3.55 4.61 3.41
Current liabilities 38.47 66.1 107.99 87.78 80.13
Total Liabilities 88.33 117.3 171.99 177.33 168.57
Assets
Net Block 45.13 43.74 51.05 41.57 50.36
Capital WIP 0.21 0 0 0 7.28
Intangible WIP 0 0 0 0 0
Investments 0.6 0.6 0.35 0.35 0.82
Loans & Advances 3.64 3.65 3.81 12.44 6.66
Other N/C Assets 0 0 0 0 5.42
Current Assets 38.75 69.31 116.78 122.97 98.03
Total Assets 88.33 117.3 171.99 177.33 168.57
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 2.1 4.61 8.4 38.53 -6.53
Adjustment 11.74 11.28 9.36 -25.16 9.41
Changes in Assets & Liabilities -3.4 0.03 -5.39 -1.38 -2.92
Tax Paid 0.1 -0.54 -0.67 -5.32 0.47
Operating Cash Flow 10.53 15.38 11.71 6.67 0.42
Investing Cash Flow -6.67 -7.3 -10.08 5.89 2.67
Financing Cash Flow -3.24 -6.86 1.6 -15.9 -3.44
Net Cash Flow 0.63 1.22 3.22 -3.34 -0.35

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 54.22 54.22 54.22 54.22 54.22
devika s bhojwani 0.73 0.73 0.73 0.73 0.73
karan suresh bhojwani 0.31 0.31 0.31 0.31 0.31
ruchika s bhojwani 0.31 0.31 0.31 0.31 0.31
s t bhojwani huf (karta :... 0.35 0.35 0.35 0.35 0.35
suresh t bhojwani 22.59 22.59 22.59 22.59 29.11
t w bhojwani leasing priv... 19.17 19.17 19.17 19.17 19.17
thakurdas wadhumal bhojwa... 4.23 4.23 4.23 4.23 4.23
hira thakurdas bhojwani 6.52 6.52 6.52 6.52 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 45.78 45.78 45.78 45.78 45.78
arch finance limited 4.96 4.96 4.96 4.96 4.96
ashwani kumar 2.16 2.43 2.55 2.58 2.62
gaurav n lodha - - - - 1.18
investor education and pr... 1.73 1.72 1.72 - 1.84
mr. anil kumar bhandari (... - 0.02 0.02 0.02 0.02
mr. indru advani (indepen... - - 0.07 0.07 0.07
patton finvest limited - - - 2.10 1.64
pravin mithalal gandhi 1.00 1.00 1.00 1.00 1.00
sangeetha s 2.84 2.84 2.84 2.84 2.84
investor education and pr... - - - 1.84 -
llp 0.06 0.06 0.04 - -
patton international ltd 2.70 2.70 2.29 - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

Bright Brothers - Quaterly Results2 Feb 2024, 1:52PM Bright Brothers - Quaterly Results2 Feb 2024, 1:52PM Bright Brothers - Quaterly Results2 Feb 2024, 1:52PM Bright Brothers informs about demise of independent director11 Jan 2024, 2:39PM Bright Brothers informs about press release13 Nov 2023, 4:07PM Bright Brothers informs about outcome of board meeting10 Nov 2023, 2:11PM Bright Brothers - Quaterly Results9 Aug 2023, 12:03PM Bright Brothers - Quaterly Results9 Aug 2023, 12:03PM Bright Brothers - Quaterly Results9 Aug 2023, 12:03PM Bright Brothers informs about loss of share certificate14 Jul 2023, 3:00PM Bright Brothers’ arm commences commercial production at Lena manufacturing unit 11 Jul 2023, 9:29AM Bright Brothers - Quaterly Results24 May 2023, 2:15PM Bright Brothers - Quaterly Results24 May 2023, 2:15PM Bright Brothers - Quaterly Results24 May 2023, 2:15PM Bright Brothers’ arm gets certificate to commence business operations6 Apr 2023, 11:17AM Bright Brothers informs about press release24 Feb 2023, 2:19PM Bright Brothers informs about notice of postal ballot24 Feb 2023, 2:14PM Bright Brothers informs about notice of postal ballot23 Feb 2023, 4:42PM Bright Brothers - Quaterly Results13 Feb 2023, 2:03PM Bright Brothers - Quaterly Results13 Feb 2023, 2:03PM Bright Brothers - Quaterly Results13 Feb 2023, 2:03PM Bright Brothers informs about details of loss of certificate25 Nov 2022, 2:52PM Bright Brothers - Quaterly Results10 Nov 2022, 1:26PM Bright Brothers - Quaterly Results10 Nov 2022, 1:26PM Bright Brothers - Quaterly Results10 Nov 2022, 1:26PM Bright Brothers informs about compliance certificate19 Oct 2022, 11:55AM Bright Brothers informs about loss of share certificate22 Sep 2022, 5:01PM Bright Brothers informs about change in directorate26 Aug 2022, 12:16PM Bright Brothers informs about AGM26 Aug 2022, 12:08PM Bright Brothers informs about board meeting9 Aug 2022, 4:02PM Bright Brothers - Quaterly Results9 Aug 2022, 3:07PM Bright Brothers - Quaterly Results9 Aug 2022, 3:07PM Bright Brothers - Quaterly Results9 Aug 2022, 3:07PM Bright Brothers informs about newspaper advertisement 27 Jul 2022, 4:58PM Bright Brothers planning to set up two manufacturing units 3 Jun 2022, 4:55PM Bright Brothers informs about demises of director8 Apr 2022, 2:59PM Bright Brothers informs about closure of trading window23 Mar 2022, 3:03PM Bright Brothers submits newspaper publication 25 Feb 2022, 4:52PM Bright Brothers - Quaterly Results11 Feb 2022, 1:20PM Bright Brothers informs about board meeting proceedings29 Jul 2021, 3:30PM Bright Brothers informs about unaudited financial results 29 Jul 2021, 1:25PM Bright Brothers informs about certificate22 Apr 2021, 2:44PM Bright Brothers informs about certificate22 Apr 2021, 2:35PM Bright Brothers informs about outcome of board meeting28 Oct 2020, 3:08PM

Bright Brothers Stock Price Analysis and Quick Research Report. Is Bright Brothers an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Bright Brothers . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Bright Brothers has a PE ratio of -23.0320100930082 which is low and comparatively undervalued .

  • Share Price: - The current share price of Bright Brothers is Rs 157. One can use valuation calculators of ticker to know if Bright Brothers share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Bright Brothers has ROA of -1.97867522255832 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Bright Brothers has a Current ratio of 1.2233981215009 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Bright Brothers has a ROE of -4.49549642452956 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bright Brothers has a Debt to Equity ratio of 0.2336 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bright Brothers has reported revenue growth of -10.2137426792644 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Bright Brothers for the current financial year is 0.598299280241463 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Bright Brothers is Rs 1 and the yield is 0.6369 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Bright Brothers is Rs -6.8166 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Bright Brothers in Ticker for free. Also, one can get the intrinsic value of Bright Brothers by using Valuation Calculators, which are available with a Finology ONE subscription. 

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