Bright Brothers Ltd.

NSE: BRIGHTBROS BSE: 526731 SECTOR: Plastic Products  6852   24   3

149.30
-2.90 (-1.91%)
BSE: 26 May 05:10 PM

Price Summary

Today's High

₹ 155

Today's Low

₹ 148

52 Week High

₹ 195

52 Week Low

₹ 0

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

84.81 Cr.

Enterprise Value

93.9 Cr.

No. of Shares

0.57 Cr.

P/E

0

P/B

1.16

Face Value

₹ 10

Div. Yield

0.67 %

Book Value (TTM)

₹  128.51

CASH

3.2 Cr.

DEBT

12.3 Cr.

Promoter Holding

54.22 %

EPS (TTM)

₹  -6.02

Sales Growth

13.83%

ROE

49.89 %

ROCE

53.9%

Profit Growth

460.2 %

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

Your Added Ratios

Please login to Add & View your own added ratios.

Login

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 Year13.83%
3 Year-0.08%
5 Year4.64%

Profit Growth

1 Year460.2%
3 Year151.75%
5 Year162.26%

ROE%

1 Year49.89%
3 Year23.45%
5 Year15.58%

ROCE %

1 Year53.9%
3 Year30.77%
5 Year24.57%

Debt/Equity

0.1551

Price to Cash Flow

12.71

Interest Cover Ratio

9.17396100727666

CFO/PAT (5 Yr. Avg.)

1.17643316556387

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 54.22 0
Dec 2022 54.22 0
Sep 2022 54.21 0
Jun 2022 54.03 0
Mar 2022 53.94 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 7.7496 Cr.
  • Company has been maintaining healthy ROE of 23.4526571867588% over the past 3 years.
  • Company has been maintaining healthy ROCE of 30.7748762732954% over the past 3 years.
  • Company has a healthy Interest coverage ratio of 9.17396100727666.
  • The company has an efficient Cash Conversion Cycle of 62.1785925774918 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 3.29591535497953.

 Limitations

  • The company has shown a poor revenue growth of -0.0770280359206121% for the Past 3 years.
  • The company is trading at a high EV/EBITDA of 30.6665.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 61.73 64.54 52.33 42.6 47.27
Total Expenditure 58.48 61.64 51.97 43.31 48.58
Operating Profit 3.25 2.9 0.35 -0.71 -1.3
Other Income 0.36 0.13 0.62 0.34 0.73
Interest 1.12 1.28 0.85 0.93 0.73
Depreciation 1.7 1.44 1.41 1.39 1.56
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.78 0.31 -1.28 -2.7 -2.86
Tax 0.23 -0.01 -0.31 -0.67 -2.12
Profit After Tax 0.55 0.32 -0.97 -2.03 -0.74
Adjusted EPS (Rs) 0.97 0.56 -1.71 -3.57 -1.3

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 214.42 230.79 217.87 202.27 230.25
Total Expenditure 203.04 217.11 202.21 184.56 223.79
Operating Profit 11.37 13.67 15.67 17.71 6.47
Other Income 1.03 0.41 0.27 0.79 7.92
Interest 5.81 6.22 5.42 4.33 4.71
Depreciation 5.46 5.77 5.9 5.77 6.21
Exceptional Items 0 0 0 0 35.07
Profit Before Tax 1.13 2.1 4.61 8.4 38.53
Tax -0.07 0.1 1.15 2.7 6.57
Net Profit 1.2 2 3.46 5.71 31.96
Adjusted EPS (Rs.) 2.12 3.53 6.09 10.05 56.31

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 5.68 5.68 5.68 5.68 5.68
Total Reserves 37.39 37.95 38.21 44.04 73.57
Borrowings 0.95 3.71 4.81 10.73 5.82
Other N/C liabilities 2.85 2.53 2.5 3.55 3.63
Current liabilities 41.7 38.47 66.1 107.99 86.18
Total Liabilities 88.56 88.33 117.3 171.99 174.88
Assets
Net Block 40.86 45.13 43.74 51.05 41.57
Capital WIP 0.24 0.21 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0.6 0.6 0.6 0.35 0.35
Loans & Advances 3.33 3.64 3.65 3.81 9.25
Other N/C Assets 0 0 0 0 0
Current Assets 43.54 38.75 69.31 116.78 123.72
Total Assets 88.56 88.33 117.3 171.99 174.88
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 1.13 2.1 4.61 8.4 38.53
Adjustment 10.35 11.74 11.28 9.36 -25.16
Changes in Assets & Liabilities -3.71 -3.4 0.03 -5.39 -2
Tax Paid 0.08 0.1 -0.54 -0.67 -4.7
Operating Cash Flow 7.86 10.53 15.38 11.71 6.67
Investing Cash Flow -3.98 -6.67 -7.3 -10.08 5.89
Financing Cash Flow -6.12 -3.24 -6.86 1.6 -15.9
Net Cash Flow -2.23 0.63 1.22 3.22 -3.34

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 53.94 54.03 54.21 54.22 54.22
suresh t bhojwani 22.59 22.59 22.59 22.59 22.59
t w bhojwani leasi... 18.90 18.99 19.16 19.17 19.17
hira thakurdas bho... 6.52 6.52 6.52 6.52 6.52
thakurdas wadhumal... 4.23 4.23 4.23 4.23 4.23
devika s bhojwani 0.73 0.73 0.73 0.73 0.73
s t bhojwani huf 0.35 0.35 0.35 0.35 0.35
karan suresh bhojw... 0.31 0.31 0.31 0.31 0.31
ruchika s bhojwani 0.31 0.31 0.31 0.31 0.31
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 46.06 45.97 45.79 45.78 45.78
patton internation... - - 2.95 - -
patton internation... 3.64 3.51 - 2.74 2.70
patton internation... - - - - -
arch finance limit... 4.76 4.96 4.96 4.96 4.96
arch finance ltd. - - - - -
beeline impex priv... - - - - -
vikram pratapbhai ... - - - - -
sangeetha s 2.84 2.84 - 2.84 2.84
ashwani kumar 1.78 1.78 - 2.16 2.16
investor education... - - - 1.73 1.73
iepf 1.61 1.61 - - -
investor education... - - 1.61 - -
dipak kanayalal sh... - - - - -
pravin mithalal ga... 1.00 1.00 - 1.00 1.00
llp 0.02 0.02 0.02 0.02 0.06

Annual Reports

Ratings & Research Reports

Company Presentations

Currently we do not have any Presentation and Concall related to this company.Report us

Company News

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 -24.7899578255239 which is low and comparatively undervalued .

  • 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 18.427751757318 % which is a good 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 1.43564853925491 .

  • 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 49.8901419685779 % .(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 D/E ratio of 0.1551 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Bright Brothers has an Inventory turnover ratio of 11.9707662993608 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Bright Brothers has reported revenue growth of 13.8338816887204 % 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 2.80846979524741 %.

  • 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 5 and the yield is 0.6711 %.

Brief about Bright Brothers

X