Bridge Securities Ltd
₹ 11.6
3.93%
03 Jan
- close price
About
Incorporated in 1994, Bridge Securities Ltd is in the business of getting commission from agriculture activities[1]
Key Points
- Market Cap ₹ 45.2 Cr.
- Current Price ₹ 11.6
- High / Low ₹ 11.7 / 1.62
- Stock P/E 30.3
- Book Value ₹ 0.59
- Dividend Yield 0.00 %
- ROCE 98.6 %
- ROE 75.4 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 19.7 times its book value
- The company has delivered a poor sales growth of -8.68% over past five years.
- Promoter holding is low: 0.48%
- Company has a low return on equity of -35.6% over last 3 years.
- Promoter holding has decreased over last 3 years: -66.0%
- Working capital days have increased from 149 days to 315 days
* 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: Miscellaneous Industry: Miscellaneous
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1.92 | 0.09 | 0.54 | 0.71 | 0.42 | 0.61 | 1.26 | 1.56 | 2.13 | 2.61 | 0.97 | 0.80 | 1.70 | |
1.64 | -0.02 | 0.59 | 0.88 | 0.14 | 0.45 | 1.29 | 2.35 | 0.89 | 3.52 | 1.56 | 0.12 | 0.18 | |
Operating Profit | 0.28 | 0.11 | -0.05 | -0.17 | 0.28 | 0.16 | -0.03 | -0.79 | 1.24 | -0.91 | -0.59 | 0.68 | 1.52 |
OPM % | 14.58% | 122.22% | -9.26% | -23.94% | 66.67% | 26.23% | -2.38% | -50.64% | 58.22% | -34.87% | -60.82% | 85.00% | 89.41% |
0.00 | 0.00 | 0.00 | 0.00 | 0.09 | 0.28 | 0.01 | 0.02 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | |
Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | 0.23 | 0.00 | 0.00 |
Profit before tax | 0.28 | 0.11 | -0.05 | -0.17 | 0.37 | 0.44 | -0.02 | -0.77 | 1.24 | -0.90 | -0.82 | 0.68 | 1.52 |
Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2.27% | 0.00% | 0.00% | 0.00% | -1.11% | -15.85% | 25.00% | |
0.27 | 0.11 | -0.05 | -0.17 | 0.37 | 0.45 | -0.02 | -0.77 | 1.24 | -0.90 | -0.68 | 0.52 | 1.49 | |
EPS in Rs | 0.08 | 0.03 | -0.01 | -0.05 | 0.11 | 0.13 | -0.01 | -0.23 | 0.37 | -0.27 | -0.20 | 0.15 | 0.45 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 24% |
5 Years: | -9% |
3 Years: | -28% |
TTM: | 85% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 95% |
3 Years: | -25% |
TTM: | 387% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 96% |
3 Years: | 65% |
1 Year: | 580% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | -11% |
3 Years: | -36% |
Last Year: | 75% |
Balance Sheet
Figures in Rs. Crores
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 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 | 3.36 |
Reserves | -2.57 | -2.46 | -2.53 | -2.70 | -2.32 | -1.83 | -1.90 | -2.67 | -1.41 | -2.26 | -2.93 | -2.41 | -1.38 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 | 0.15 | 0.14 | 0.00 | 0.00 | 0.00 | |
0.02 | 0.02 | 0.21 | 0.02 | 0.10 | 0.00 | 0.00 | 0.00 | 0.01 | 0.05 | 0.34 | 1.52 | 1.70 | |
Total Liabilities | 0.81 | 0.92 | 1.04 | 0.68 | 1.14 | 1.53 | 1.46 | 0.84 | 2.11 | 1.29 | 0.77 | 2.47 | 3.68 |
0.02 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.88 | 0.00 | 0.00 | 0.00 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.12 | 0.10 | 0.13 | 0.03 | 0.00 | 0.00 | 0.00 |
0.79 | 0.90 | 1.04 | 0.68 | 1.14 | 1.46 | 1.34 | 0.74 | 1.98 | 0.38 | 0.77 | 2.47 | 3.68 | |
Total Assets | 0.81 | 0.92 | 1.04 | 0.68 | 1.14 | 1.53 | 1.46 | 0.84 | 2.11 | 1.29 | 0.77 | 2.47 | 3.68 |
Cash Flows
Figures in Rs. Crores
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.17 | 0.04 | -0.21 | -0.02 | -0.01 | 0.04 | 0.14 | -0.05 | -0.01 | 0.76 | -0.14 | 0.20 | |
0.02 | 0.00 | 0.00 | 0.00 | 0.00 | -0.03 | -0.10 | 0.00 | 0.00 | -0.74 | 0.32 | 0.00 | |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.14 | 0.00 | |
Net Cash Flow | 0.19 | 0.04 | -0.21 | -0.02 | -0.01 | 0.01 | 0.05 | -0.05 | -0.01 | 0.02 | 0.03 | 0.21 |
Ratios
Figures in Rs. Crores
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.40 | 127.94 | 0.00 |
Inventory Days | 91.25 | 527.95 | 202.29 | 3,852.78 | 907.82 | 326.73 | 84.85 | 393.08 | 0.00 | 0.00 | ||
Days Payable | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||||
Cash Conversion Cycle | 91.25 | 0.00 | 527.95 | 202.29 | 3,852.78 | 907.82 | 326.73 | 84.85 | 393.08 | 1.40 | 127.94 | 0.00 |
Working Capital Days | 74.14 | 1,865.56 | 419.07 | 236.48 | 756.07 | 765.90 | 321.55 | 126.35 | 253.62 | 41.95 | 90.31 | 314.81 |
ROCE % | 43.08% | 13.02% | -5.78% | -22.82% | 43.53% | 34.24% | -1.34% | -66.96% | 84.35% | -53.89% | -98.20% | 98.55% |
Documents
Announcements
- Closure of Trading Window 30 Dec
- Voting Results As Per Regulation 44(3) Of SEBI(LODR) Regulation, 2015 21 Dec
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 21 Dec
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Shareholder Meeting / Postal Ballot-Outcome of EGM
19 Dec - Outcome of Extra-Ordinary General Meeting held on December 19, 2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Nov 2024 - Newspaper Advertisement for Notice of Extra-Ordinary General Meeting
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Business Overview:[1]
BSL is in trading of products like seeds, agricultural produces mainly Rice, Wheat, Onions, Potato, Tomato, Isabgol, and Pulses. It sources the agricultural products from manufacturers by paying an advance payment with own labeling and sells them to its network of distributors. It also does contract manufacturing, wherein it leases an agricultural land on lease and cultivate Cucumber, Onion and Castor