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Bright Solar share price

Bright Solar Ltd.

NSE: BRIGHT SECTOR: Compressors / Pumps  27k   58   1

8.65
+0.05 (0.58%)
NSE: 17 May 03:56 PM

Price Summary

Today's High

₹ 9

Today's Low

₹ 8.5

52 Week High

₹ 12.5

52 Week Low

₹ 4.65

FinStar is Suspended!

FinStar can not be assigned to this company due to its dicey outlook and insufficient data. We will update the FinStar for this company as soon as the data is updated from its end.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

21.62 Cr.

Enterprise Value

21.18 Cr.

No. of Shares

2.5 Cr.

P/E

400.46

P/B

0.61

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  14.17

CASH

2.27 Cr.

DEBT

1.83 Cr.

Promoter Holding

0.2 %

EPS (TTM)

₹  0.02

Sales Growth

228.06%

ROE

0.18 %

ROCE

0.32%

Profit Growth

100.73 %

* 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

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Index Presence

The company is present in 1 Indices.

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 Year228.06%
3 Year0.25%
5 Year-9.84%

Profit Growth

1 Year100.73%
3 Year-52.9%
5 Year-61.29%

ROE%

1 Year0.18%
3 Year-6.99%
5 Year-2.15%

ROCE %

1 Year0.32%
3 Year-6.12%
5 Year-0.07%

Debt/Equity

0.0592

Price to Cash Flow

-2.84

Interest Cover Ratio

2.5544794188862

CFO/PAT (5 Yr. Avg.)

0

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 0.2 0
Sep 2023 0.2 0
Mar 2023 0.24 0
Sep 2022 0.24 0
Mar 2022 0.24 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 1.7933 Cr.
  • Company is virtually debt free.
  • Company has a healthy liquidity position with current ratio of 2.2626726104987.

 Limitations

  • The company has shown a poor profit growth of -52.8970566003842% for the Past 3 years.
  • The company has shown a poor revenue growth of 0.246726528352648% for the Past 3 years.
  • Company has a poor ROE of -6.99201327743445% over the past 3 years.
  • Company has a poor ROCE of -6.1174587150284% over the past 3 years
  • Company has negative cash flow from operations of -7.6268.
  • The company has a low EBITDA margin of -18.4361883182029% over the past 5 years.
  • The company is trading at a high PE of 400.46.
  • The company is trading at a high EV/EBITDA of 100.4468.

Quarterly Result (All Figures in Cr.)

Quarterly Data is not available for this company.Report us

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 57.41 23.4 24.46 7.19 23.58
Total Expenditure 53.61 22.29 24.01 14.69 23.81
Operating Profit 3.8 1.12 0.45 -7.5 -0.24
Other Income 0.43 0.17 0.26 0.3 0.45
Interest 0.08 0.09 0.3 0.06 0.04
Depreciation 0.13 0.13 0.12 0.11 0.11
Exceptional Items 0 0 0 0 0
Profit Before Tax 4.02 1.07 0.29 -7.38 0.06
Tax 1.68 0.55 0.11 0 0.01
Net Profit 2.34 0.52 0.18 -7.37 0.05
Adjusted EPS (Rs.) 1.15 0.25 0.09 -3.61 0.03

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 20.4 20.4 20.4 20.4 20.4
Total Reserves 17.53 17.8 17.77 10.37 10.43
Borrowings 0.39 0.48 0.36 0.56 0.45
Other N/C liabilities -0.04 -0.05 -0.06 -0.06 -0.08
Current liabilities 12.4 14.7 11.84 9.57 16.08
Total Liabilities 50.67 53.32 50.31 40.84 47.29
Assets
Net Block 0.69 4.46 4.35 4.42 4.3
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0.23 0.28 0.94 0.72
Loans & Advances 12.38 8.96 9.9 10.46 3.66
Other N/C Assets 3.33 3.03 2.72 2.43 2.21
Current Assets 34.27 36.65 33.05 22.59 36.39
Total Assets 50.67 53.32 50.31 40.84 47.29
* 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 4.02 1.07 0.29 -7.38 0.06
Adjustment 0.07 0.35 0.29 0.27 0.27
Changes in Assets & Liabilities -13.53 1.86 0.27 8.35 -7.83
Tax Paid -2.15 -1.22 -0.7 -0.22 -0.13
Operating Cash Flow -11.59 2.06 0.14 1.02 -7.63
Investing Cash Flow -6.76 -0.45 -0.86 -1.23 7.53
Financing Cash Flow 18.09 -0.19 -0.42 0.11 -0.15
Net Cash Flow -0.25 1.42 -1.15 -0.1 -0.24

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Sep 2022% Mar 2023% Sep 2023% Dec 2023%
promoters 0.24 0.24 0.24 0.20 0.20
dwarkadas babubhai thumar... - - 0.01 0.01 0.01
jogani kalpesh kalidas - - 0.19 0.16 0.16
piyushkumar thumar - - 0.04 0.04 0.04
dwarkadas babubhai thumar... 0.01 0.01 - - -
jogani kalpesh kalidas 0.19 0.19 - - -
piyushkumar thumar 0.04 0.04 - - -
PARTICULARS Mar 2022% Sep 2022% Mar 2023% Sep 2023% Dec 2023%
investors 99.76 99.76 99.76 99.80 99.80
llp - 0.46 0.01 0.04 0.04
purna chandra reddy konda... - - 2.38 2.15 2.15
mahaveer hemanthkumar jai... - - 1.09 - -
meena pradip shah - - 2.09 - -
raj virat shah - - 1.00 - -
sangitaben jitendrakumar ... - - 1.09 - -
kadiresan - 1.06 - - -
meena pradip shah 1.88 2.09 - - -
raj virat shah 1.00 1.00 - - -
sangitaben jitendrakumar ... 1.09 1.09 - - -
kadiresan 1.01 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

 No Latest News available for this company.
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Bright Solar Stock Price Analysis and Quick Research Report. Is Bright Solar 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 Solar . 

  • 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 Solar has a PE ratio of 400.462962962963 which is high and comparatively overvalued .

  • Share Price: - The current share price of Bright Solar is Rs 8.65. One can use valuation calculators of ticker to know if Bright Solar 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 Solar has ROA of 0.122325963515544 % 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 Solar has a Current ratio of 2.2626726104987 .

  • 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 Solar has a ROE of 0.175626381754407 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Bright Solar has a Debt to Equity ratio of 0.0592 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Bright Solar has reported revenue growth of 228.061167696332 % which is fair 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 Solar for the current financial year is -0.99715401809381 %.

  • 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 Solar is Rs 0 and the yield is 0 %.

  • 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 Solar is Rs 0.0216 . The higher the EPS, the better it is for investors. 

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

Last Updated on:
Brief about Bright Solar
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