Brightcom Group Ltd

Brightcom Group Ltd

₹ 10.2 4.38%
30 Dec - close price
About

Incorporated in 2010, Brightcom Group Ltd (formerly Lycos Internet Ltd) offers digital marketing solutions to businesses, agencies and online publishers worldwide[1]

Key Points

Business Segments
1) Ad-Tech & Digital Marketing (91% in H1 FY25 vs 93% in FY22): [1] [2] The company offers digital marketing solutions including Ad campaigns in video, banners, email, search, social, mobile marketing, display advertising, connected TV advertising, etc to businesses, agencies, and online publishers globally. [3] [4]

  • Market Cap 2,068 Cr.
  • Current Price 10.2
  • High / Low 21.1 / 6.65
  • Stock P/E
  • Book Value 7.81
  • Dividend Yield 0.00 %
  • ROCE 0.08 %
  • ROE 0.07 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.32% over past five years.
  • Promoter holding is low: 18.4%
  • Company has a low return on equity of 0.28% over last 3 years.
  • Company has high debtors of 179 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
89.91 93.92 94.00 95.50 113.04 123.59 111.89 152.54 112.12 104.82 96.55 102.34 110.10
89.52 93.31 91.97 91.35 109.13 116.22 106.07 142.06 111.08 104.76 110.84 102.28 109.99
Operating Profit 0.39 0.61 2.03 4.15 3.91 7.37 5.82 10.48 1.04 0.06 -14.29 0.06 0.11
OPM % 0.43% 0.65% 2.16% 4.35% 3.46% 5.96% 5.20% 6.87% 0.93% 0.06% -14.80% 0.06% 0.10%
0.08 -0.04 -1.36 -3.18 -2.67 -1.27 0.55 4.29 -0.87 0.09 0.00 0.00 0.00
Interest 0.06 0.10 0.11 0.10 0.10 0.11 0.10 0.10 0.07 0.07 0.07 0.00 0.00
Depreciation 0.05 0.05 0.05 0.02 0.01 0.02 0.02 0.03 0.03 0.03 0.03 0.02 0.02
Profit before tax 0.36 0.42 0.51 0.85 1.13 5.97 6.25 14.64 0.07 0.05 -14.39 0.04 0.09
Tax % 44.44% 38.10% 74.51% 34.12% 47.79% 34.00% 32.00% 36.48% -800.00% 80.00% -34.54% -50.00% 22.22%
0.20 0.26 0.14 0.56 0.60 3.94 4.25 9.30 0.63 0.01 -9.42 0.05 0.07
EPS in Rs 0.00 0.00 0.00 0.00 0.00 0.02 0.02 0.05 0.00 0.00 -0.05 0.00 0.00
Raw PDF

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
590 604 492 459 466 455 459 467 366 367 434 466 414
556 520 473 449 453 443 445 474 374 360 423 469 428
Operating Profit 35 84 19 11 14 13 14 -8 -8 7 11 -3 -14
OPM % 6% 14% 4% 2% 3% 3% 3% -2% -2% 2% 3% -1% -3%
12 6 11 0 -0 -0 -2 14 21 -2 4 4 0
Interest 23 24 19 16 15 15 13 6 0 0 0 0 0
Depreciation 12 53 11 2 1 1 1 1 0 0 0 0 0
Profit before tax 11 14 0 -7 -3 -4 -2 -1 12 4 14 1 -14
Tax % 4% 33% -1,350% -13% -13% -19% 51% 25% 33% 55% 34% -15%
10 9 2 -7 -3 -3 -3 -1 8 2 9 1 -9
EPS in Rs 0.10 0.09 0.02 -0.07 -0.03 -0.03 -0.03 -0.01 0.08 0.01 0.05 0.01 -0.05
Dividend Payout % 0% 0% 0% -73% 0% 0% 0% -167% 31% 3,520% 0% 0%
Compounded Sales Growth
10 Years: -3%
5 Years: 0%
3 Years: 8%
TTM: -17%
Compounded Profit Growth
10 Years: -19%
5 Years: 19%
3 Years: -48%
TTM: -151%
Stock Price CAGR
10 Years: -7%
5 Years: 30%
3 Years: -55%
1 Year: -49%
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 0%

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 95 95 95 95 95 95 95 95 102 404 404 404 404
Reserves 520 517 511 499 490 488 488 486 515 1,216 1,171 1,172 1,172
256 235 177 169 165 162 158 135 97 100 108 110 110
308 235 178 108 120 131 136 134 126 69 117 142 153
Total Liabilities 1,179 1,082 961 870 870 877 877 850 839 1,789 1,800 1,828 1,840
74 21 7 5 4 3 2 1 1 1 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 511 511 511 511 509 509 509 509 509 678 678 678 678
595 551 443 354 357 365 366 340 329 1,111 1,121 1,149 1,161
Total Assets 1,179 1,082 961 870 870 877 877 850 839 1,789 1,800 1,828 1,840

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
22 -26 65 4 10 2 -9 -8 -23 -456 21
-5 -0 -0 -0 -0 -0 -0 0 -0 -0 -0
-17 17 -64 -4 -10 -2 9 8 23 461 -25
Net Cash Flow -0 -9 0 -1 0 -0 0 0 0 6 -4

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 240 219 219 177 171 183 181 169 182 179 176 179
Inventory Days 0 0 0 0 0 0
Days Payable
Cash Conversion Cycle 240 219 219 177 171 183 181 169 182 179 176 179
Working Capital Days 173 191 190 185 176 179 183 161 203 1,034 846 790
ROCE % 4% 4% 2% 1% 2% 1% 1% 1% 2% 0% 1% 0%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
4.12% 3.51% 18.48% 18.47% 18.47% 18.48% 18.43% 18.38% 18.38% 18.38% 18.38% 18.38%
1.87% 12.15% 13.55% 14.00% 14.55% 15.79% 8.90% 9.53% 10.53% 10.70% 9.39% 9.01%
0.00% 0.00% 0.07% 0.05% 0.06% 0.08% 0.08% 0.11% 0.17% 0.15% 0.00% 0.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
94.01% 84.34% 67.91% 67.45% 66.91% 65.66% 72.57% 71.97% 70.92% 70.76% 72.24% 72.62%
No. of Shareholders 2,11,9732,67,9183,14,8513,68,0704,08,2444,41,5114,83,3675,36,4925,75,4056,62,4416,64,1426,46,230

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls