B-Right RealEstate Ltd
Incorporated in 2008, B-Right Real Estate Ltd is in the business of Real Estate Development and Investments[1]
- Market Cap ₹ 342 Cr.
- Current Price ₹ 332
- High / Low ₹ 450 / 137
- Stock P/E 75.9
- Book Value ₹ 136
- Dividend Yield 0.00 %
- ROCE 2.47 %
- ROE 1.74 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has a low return on equity of 1.58% 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: Realty Industry: Construction
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | 1.04 | 0.38 | 0.76 | 3.51 | 5.26 | 8.23 | |
0.83 | 0.30 | 0.09 | 0.31 | 0.59 | 1.79 | 1.59 | 1.99 | |
Operating Profit | -0.83 | -0.30 | 0.95 | 0.07 | 0.17 | 1.72 | 3.67 | 6.24 |
OPM % | 91.35% | 18.42% | 22.37% | 49.00% | 69.77% | 75.82% | ||
6.75 | 2.45 | 0.35 | 0.69 | 1.98 | 1.65 | 1.36 | -1.20 | |
Interest | 0.04 | 0.06 | 0.01 | 0.00 | 0.18 | 0.70 | 1.07 | 1.54 |
Depreciation | 0.47 | 0.16 | 0.11 | 0.08 | 0.65 | 0.68 | 1.35 | 1.43 |
Profit before tax | 5.41 | 1.93 | 1.18 | 0.68 | 1.32 | 1.99 | 2.61 | 2.07 |
Tax % | 34.75% | 29.02% | 27.12% | 14.71% | 12.12% | 6.53% | 8.05% | |
3.53 | 1.38 | 0.85 | 0.58 | 1.16 | 1.86 | 2.41 | 1.99 | |
EPS in Rs | 56.12 | 21.94 | 13.51 | 6.24 | 12.49 | 1.80 | 2.33 | 1.92 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 140% |
TTM: | 117% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 12% |
3 Years: | 62% |
TTM: | 164% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 2% |
3 Years: | 2% |
Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|
Equity Capital | 0.63 | 0.63 | 0.63 | 0.93 | 0.93 | 10.33 | 10.33 | 10.33 |
Reserves | 32.40 | 33.75 | 34.63 | 88.94 | 90.08 | 126.89 | 129.29 | 130.08 |
0.43 | 0.74 | 0.00 | 8.71 | 6.79 | 7.05 | 14.51 | 12.77 | |
2.05 | 0.75 | 0.20 | 0.12 | 0.67 | 8.97 | 10.80 | 10.82 | |
Total Liabilities | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 164.00 |
14.13 | 14.45 | 14.35 | 26.42 | 23.39 | 22.79 | 31.55 | 12.67 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.10 | 0.10 | 5.91 | 67.96 | 61.05 | 61.23 | 71.17 | 89.48 |
21.28 | 21.32 | 15.20 | 4.32 | 14.03 | 69.22 | 62.21 | 61.85 | |
Total Assets | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 164.00 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|
0.63 | 0.53 | -3.86 | 4.24 | 8.00 | 4.82 | ||
-4.62 | 0.48 | -1.94 | -5.59 | -53.85 | -11.39 | ||
0.23 | -0.50 | 5.76 | 2.04 | 44.92 | 7.92 | ||
Net Cash Flow | -3.76 | 0.52 | -0.05 | 0.69 | -0.93 | 1.35 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | ||
Inventory Days | |||||||
Days Payable | |||||||
Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | ||
Working Capital Days | 428.17 | 499.47 | 898.09 | -504.34 | -426.76 | ||
ROCE % | 5.80% | 3.38% | 1.00% | 1.53% | 2.22% | 2.47% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2d
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015
19 Feb - Finalized financial closure for Mulund Project with ₹200 crores investment.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015
8 Feb - Commencement Certificate granted for Shiv Prerna SRA project.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
24 Jan - Credit rating upgraded by Infomerics for BRRL.
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations 2015
24 Jan - Appointment for redevelopment of Centralite Co-Operative Housing Society.
Annual reports
Concalls
-
Nov 2022TranscriptNotesPPT
Business Overview:[1][2]
Company is a part of B-Right Group which has 3 vertical namely Construction, Finance (Equity & Debt Funding) and Leasing.
Company is into integrated construction and real estate development focused primarily on residential and commercial projects, in and around Mumbai. Company focuses on developing projects on their own land and by entering into joint development agreement & partnerships with other comapnies