Bridge Securities Ltd

Bridge Securities Ltd

₹ 6.20 1.47%
03 Dec - close price
About

Bridge Securities is engaged in the Business of Security Trading and Brokerage.

  • Market Cap 24.1 Cr.
  • Current Price 6.20
  • High / Low 6.41 / 1.49
  • Stock P/E 16.2
  • 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 10.5 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

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.21 0.93 1.01 0.04 0.00 0.34 0.33 0.10 0.15 0.23 0.32 0.10 1.05
0.14 1.67 1.51 0.08 0.23 0.46 0.78 0.06 0.01 0.04 0.02 0.07 0.05
Operating Profit 0.07 -0.74 -0.50 -0.04 -0.23 -0.12 -0.45 0.04 0.14 0.19 0.30 0.03 1.00
OPM % 33.33% -79.57% -49.50% -100.00% -35.29% -136.36% 40.00% 93.33% 82.61% 93.75% 30.00% 95.24%
0.03 0.07 -0.07 0.00 0.26 0.00 0.00 0.00 0.00 0.00 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 0.01 0.04 0.06 0.06 0.06 0.06 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax 0.10 -0.68 -0.61 -0.10 -0.03 -0.18 -0.51 0.04 0.14 0.19 0.30 0.03 1.00
Tax % 0.00% 0.00% -1.64% -10.00% -33.33% -5.56% -21.57% 0.00% 92.86% 0.00% 13.33% 0.00% 0.00%
0.10 -0.67 -0.61 -0.09 -0.02 -0.17 -0.40 0.04 0.01 0.19 0.27 0.03 1.00
EPS in Rs 0.03 -0.20 -0.18 -0.03 -0.01 -0.05 -0.12 0.01 0.00 0.06 0.08 0.01 0.30
Raw PDF

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: 23%
5 Years: 65%
3 Years: 5%
1 Year: 300%
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%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
7.16% 0.48% 0.46% 0.46% 0.48% 0.48% 0.48% 0.48% 0.48% 0.48% 0.48% 0.48%
92.84% 99.52% 99.54% 99.53% 99.52% 99.53% 99.52% 99.53% 99.52% 99.52% 99.53% 99.52%
No. of Shareholders 12,84312,19911,75111,29510,93710,62210,3939,9399,4858,8849,00511,826

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