Bright Brothers Ltd
Incorporated in 1947, Bright Brothers Ltd manufactures injection moulded plastics products[1]
- Market Cap ₹ 261 Cr.
- Current Price ₹ 459
- High / Low ₹ 469 / 134
- Stock P/E 50.2
- Book Value ₹ 132
- Dividend Yield 0.22 %
- ROCE 2.33 %
- ROE -5.96 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.47 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 1.17% over past five years.
- Company has a low return on equity of -2.50% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
147 | 150 | 162 | 154 | 184 | 214 | 231 | 218 | 202 | 230 | 207 | 245 | 293 | |
142 | 142 | 157 | 153 | 176 | 203 | 217 | 202 | 185 | 217 | 206 | 234 | 270 | |
Operating Profit | 6 | 8 | 5 | 2 | 8 | 11 | 14 | 16 | 18 | 13 | 1 | 11 | 22 |
OPM % | 4% | 5% | 3% | 1% | 4% | 5% | 6% | 7% | 9% | 6% | 1% | 4% | 8% |
3 | 2 | 2 | 1 | 2 | 1 | 0 | 0 | 1 | 36 | 2 | 2 | 1 | |
Interest | 5 | 5 | 4 | 4 | 4 | 6 | 6 | 5 | 4 | 5 | 4 | 7 | 8 |
Depreciation | 4 | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 6 | 9 | 10 |
Profit before tax | -0 | 0 | -1 | -6 | 0 | 1 | 2 | 5 | 8 | 39 | -7 | -3 | 6 |
Tax % | 133% | -2,833% | -3% | 0% | 2,700% | -6% | 5% | 25% | 32% | 17% | -48% | 2% | |
-1 | 3 | -1 | -6 | -0 | 1 | 2 | 3 | 6 | 32 | -3 | -3 | 5 | |
EPS in Rs | -1.36 | 4.63 | -2.39 | -10.37 | -0.46 | 2.11 | 3.52 | 6.09 | 10.05 | 56.27 | -6.02 | -5.46 | 9.13 |
Dividend Payout % | -148% | 43% | -84% | -19% | -437% | 95% | 57% | 33% | 25% | 9% | -17% | -18% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 7% |
TTM: | 37% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 202% |
Stock Price CAGR | |
---|---|
10 Years: | 25% |
5 Years: | 44% |
3 Years: | 41% |
1 Year: | 204% |
Return on Equity | |
---|---|
10 Years: | -1% |
5 Years: | 1% |
3 Years: | -3% |
Last Year: | -6% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 | 6 |
Reserves | 53 | 54 | 51 | 44 | 37 | 37 | 38 | 38 | 44 | 74 | 67 | 64 | 69 |
7 | 5 | 4 | 4 | 4 | 7 | 12 | 13 | 20 | 14 | 20 | 43 | 41 | |
20 | 25 | 23 | 26 | 40 | 38 | 32 | 60 | 102 | 84 | 76 | 89 | 105 | |
Total Liabilities | 86 | 91 | 85 | 79 | 87 | 89 | 88 | 117 | 172 | 177 | 169 | 201 | 221 |
39 | 35 | 35 | 33 | 38 | 41 | 45 | 44 | 51 | 42 | 50 | 79 | 82 | |
CWIP | 0 | 0 | 1 | 2 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 0 | 0 |
Investments | 10 | 14 | 13 | 10 | 11 | 7 | 4 | 7 | 5 | 38 | 16 | 4 | 5 |
37 | 41 | 36 | 34 | 38 | 40 | 39 | 66 | 116 | 98 | 95 | 117 | 135 | |
Total Assets | 86 | 91 | 85 | 79 | 87 | 89 | 88 | 117 | 172 | 177 | 169 | 201 | 221 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 9 | 9 | 5 | 11 | 8 | 11 | 15 | 12 | 7 | 0 | 11 | |
-5 | -3 | -2 | -0 | -7 | -4 | -7 | -7 | -10 | 6 | 3 | -1 | |
-4 | -7 | -7 | -5 | -2 | -6 | -3 | -7 | 2 | -16 | -3 | -2 | |
Net Cash Flow | -1 | -1 | 0 | 0 | 2 | -2 | 1 | 1 | 3 | -3 | -0 | 8 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 20 | 30 | 28 | 29 | 31 | 33 | 26 | 77 | 151 | 101 | 96 | 100 |
Inventory Days | 35 | 37 | 30 | 38 | 36 | 46 | 43 | 37 | 65 | 45 | 52 | 53 |
Days Payable | 26 | 43 | 44 | 54 | 72 | 86 | 69 | 56 | 123 | 65 | 99 | 109 |
Cash Conversion Cycle | 28 | 24 | 13 | 13 | -4 | -7 | 0 | 59 | 93 | 81 | 49 | 44 |
Working Capital Days | 3 | 5 | 1 | 2 | -9 | -4 | 1 | -1 | 7 | 2 | 9 | 5 |
ROCE % | 6% | 6% | 1% | -5% | 6% | 13% | 15% | 18% | 20% | 10% | -4% | 2% |
Documents
Announcements
-
Closure of Trading Window
10h - Closure of trading window from January 1, 2025.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
12 Dec - Sintex Logistics LLC acquisition completed by Bright Brothers Limited.
-
Announcement under Regulation 30 (LODR)-Updates on Acquisition
30 Nov - Extension of acquisition closing date to December 31, 2024.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 27 Nov
-
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
15 Nov - Intimation of stop transfer for lost share certificates.
Annual reports
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
Business Overview:[1]
Company manufactures and sells Consumer Durable and Plastic Household Containers for various residential and commercial purposes. It deals in a vast range of Plastic Moulders, Plastic Molding and Consumer Durable Products and is a supply partner of many automotive and non automotive OEMs in India, with 6 plants across India