Bright Brothers Ltd

Bright Brothers Ltd

₹ 268 -4.52%
08 Oct 9:26 a.m.
About

Incorporated in 1947, Bright Brothers Ltd manufactures injection moulded plastics products[1]

Key Points

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

  • Market Cap 152 Cr.
  • Current Price 268
  • High / Low 333 / 134
  • Stock P/E
  • Book Value 119
  • Dividend Yield 0.38 %
  • ROCE 0.72 %
  • ROE -8.44 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.

* 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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024
61.73 64.54 52.33 42.60 47.27 65.40 57.89 55.91 65.47 83.17
58.48 61.65 51.97 43.32 48.93 63.77 56.74 53.25 61.65 76.43
Operating Profit 3.25 2.89 0.36 -0.72 -1.66 1.63 1.15 2.66 3.82 6.74
OPM % 5.26% 4.48% 0.69% -1.69% -3.51% 2.49% 1.99% 4.76% 5.83% 8.10%
0.35 0.13 0.62 0.34 0.73 0.65 0.29 0.24 0.38 0.49
Interest 1.12 1.27 0.85 0.93 0.73 1.50 1.61 1.58 1.88 2.03
Depreciation 1.70 1.44 1.41 1.39 1.56 2.02 2.07 2.31 2.54 2.43
Profit before tax 0.78 0.31 -1.28 -2.70 -3.22 -1.24 -2.24 -0.99 -0.22 2.77
Tax % 29.49% -3.23% -24.22% -24.81% -65.84% 0.00% -1.34% 10.10% 0.00% 10.83%
0.55 0.32 -0.97 -2.03 -1.10 -1.24 -2.21 -1.09 -0.22 2.47
EPS in Rs 0.97 0.56 -1.71 -3.57 -1.94 -2.18 -3.89 -1.92 -0.39 4.35
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024 TTM
230 207 245 262
217 206 235 248
Operating Profit 13 1 9 14
OPM % 6% 0% 4% 5%
36 2 2 1
Interest 5 4 7 7
Depreciation 6 6 9 9
Profit before tax 39 -7 -5 -1
Tax % 17% -45% 1%
32 -4 -5 -1
EPS in Rs 56.27 -6.65 -8.40 -1.85
Dividend Payout % 9% -15% -12%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 26%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 80%
Stock Price CAGR
10 Years: 16%
5 Years: 32%
3 Years: 21%
1 Year: 72%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: -8%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Equity Capital 6 6 6
Reserves 74 67 62
14 20 43
84 76 89
Total Liabilities 177 168 199
42 50 79
CWIP 0 7 0
Investments 38 15 4
98 95 116
Total Assets 177 168 199

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
0 9
3 0
-3 -2
Net Cash Flow -0 8

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Mar 2023 Mar 2024
Debtor Days 101 96 100
Inventory Days 45 52 53
Days Payable 65 99 109
Cash Conversion Cycle 81 49 44
Working Capital Days 2 9 5
ROCE % -4% 1%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
53.66% 53.83% 53.94% 54.03% 54.20% 54.21% 54.21% 54.21% 54.21% 54.21% 54.21% 54.21%
46.33% 46.16% 46.06% 45.97% 45.80% 45.78% 45.78% 45.78% 45.79% 45.78% 45.78% 45.78%
No. of Shareholders 5,7455,2955,8715,6795,4845,1034,9834,8144,6614,4794,3384,362

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