Bridge Securities Ltd

Bridge Securities Ltd

₹ 17.0 1.37%
21 Apr 3:40 p.m.
About

Incorporated in 1994, Bridge Securities Ltd is in the business of getting commission from agriculture activities[1]

Key Points

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

  • Market Cap 66.1 Cr.
  • Current Price 17.0
  • High / Low 17.4 / 8.70
  • Stock P/E 42.6
  • Book Value 1.72
  • Dividend Yield 0.00 %
  • ROCE 43.6 %
  • ROE 32.2 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 44.8%

Cons

  • Stock is trading at 9.32 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 290 days.
  • Working capital days have increased from 634 days to 1,093 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

Figures in Rs. Crores

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
0.33 0.10 0.15 0.23 0.32 0.10 1.05 0.75 0.00 0.51 0.42 0.42 0.80
0.78 0.06 0.01 0.04 0.02 0.07 0.05 0.02 0.05 0.06 0.02 0.08 0.18
Operating Profit -0.45 0.04 0.14 0.19 0.30 0.03 1.00 0.73 -0.05 0.45 0.40 0.34 0.62
OPM % -136.36% 40.00% 93.33% 82.61% 93.75% 30.00% 95.24% 97.33% 88.24% 95.24% 80.95% 77.50%
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.33
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 0.06 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01
Profit before tax -0.51 0.04 0.14 0.19 0.30 0.03 1.00 0.73 0.01 0.44 0.39 0.33 0.94
Tax % -21.57% 0.00% 92.86% 0.00% 13.33% 0.00% 0.00% 0.00% 4,900.00% 0.00% 0.00% 0.00% 59.57%
-0.40 0.04 0.01 0.19 0.27 0.03 1.00 0.73 -0.48 0.45 0.39 0.33 0.39
EPS in Rs -0.12 0.01 0.00 0.06 0.08 0.01 0.30 0.19 -0.12 0.12 0.10 0.08 0.10
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
0.54 0.71 0.42 0.61 1.26 1.56 2.13 2.61 0.97 0.80 1.91 2.15
0.59 0.88 0.14 0.45 1.29 2.35 0.89 3.52 1.56 0.12 0.21 0.33
Operating Profit -0.05 -0.17 0.28 0.16 -0.03 -0.79 1.24 -0.91 -0.59 0.68 1.70 1.82
OPM % -9.26% -23.94% 66.67% 26.23% -2.38% -50.64% 58.22% -34.87% -60.82% 85.00% 89.01% 84.65%
0.00 0.00 0.09 0.28 0.01 0.02 0.00 0.06 0.00 0.00 0.07 0.33
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
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.23 0.00 0.01 0.04
Profit before tax -0.05 -0.17 0.37 0.44 -0.02 -0.77 1.24 -0.90 -0.82 0.68 1.76 2.11
Tax % 0.00% 0.00% 0.00% -2.27% 0.00% 0.00% 0.00% -1.11% -15.85% 25.00% 27.84% 26.54%
-0.05 -0.17 0.37 0.45 -0.02 -0.77 1.24 -0.90 -0.68 0.52 1.27 1.55
EPS in Rs -0.01 -0.05 0.11 0.13 -0.01 -0.23 0.37 -0.27 -0.20 0.15 0.33 0.40
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: 12%
5 Years: 0%
3 Years: 30%
TTM: 13%
Compounded Profit Growth
10 Years: 27%
5 Years: 5%
3 Years: 62%
TTM: 22%
Stock Price CAGR
10 Years: 34%
5 Years: 109%
3 Years: 191%
1 Year: 53%
Return on Equity
10 Years: 19%
5 Years: 18%
3 Years: 45%
Last Year: 32%

Balance Sheet

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 3.36 3.36 3.36 3.36 3.36 3.36 3.36 3.36 3.36 3.36 3.36 3.89
Reserves -2.53 -2.70 -2.32 -1.83 -1.90 -2.67 -1.41 -2.26 -2.93 -2.41 -0.41 2.78
0.00 0.00 0.00 0.00 0.00 0.15 0.15 0.14 0.00 0.00 0.00 0.06
0.21 0.02 0.10 0.00 0.00 0.00 0.01 0.05 0.34 1.52 1.82 0.80
Total Liabilities 1.04 0.68 1.14 1.53 1.46 0.84 2.11 1.29 0.77 2.47 4.77 7.53
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.88 0.00 0.00 0.22 0.18
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
Investments 0.00 0.00 0.00 0.07 0.12 0.10 0.13 0.03 0.00 0.00 0.00 0.00
1.04 0.68 1.14 1.46 1.34 0.74 1.98 0.38 0.77 2.47 4.55 7.35
Total Assets 1.04 0.68 1.14 1.53 1.46 0.84 2.11 1.29 0.77 2.47 4.77 7.53

Cash Flows

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
-0.21 -0.02 -0.01 0.04 0.14 -0.05 -0.01 0.76 -0.14 0.20 -0.61 -2.32
0.00 0.00 0.00 -0.03 -0.10 0.00 0.00 -0.74 0.32 0.00 -0.23 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.14 0.00 0.73 2.23
Net Cash Flow -0.21 -0.02 -0.01 0.01 0.05 -0.05 -0.01 0.02 0.03 0.21 -0.12 -0.09
Free Cash Flow -0.21 -0.02 -0.01 0.04 0.14 -0.05 -0.01 -0.18 0.15 0.20 -0.84 -2.32
CFO/OP 420% 12% -4% 25% -467% 6% -1% -84% 25% 35% -7% -97%

Ratios

Figures in Rs. Crores

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0.00 0.00 0.00 0.00 0.00 0.00 0.00 1.40 127.94 0.00 22.93 290.30
Inventory Days 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
Cash Conversion Cycle 527.95 202.29 3,852.78 907.82 326.73 84.85 393.08 1.40 127.94 0.00 22.93 290.30
Working Capital Days 419.07 236.48 756.07 765.90 321.55 91.25 253.62 41.95 90.31 314.81 494.95 1,093.30
ROCE % -5.78% -22.82% 43.53% 34.24% -1.34% -66.96% 84.35% -53.89% -98.20% 98.55% 90.26% 43.60%

Insights

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Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Inventory of Shares & Securities
Rs. Lakhs

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Property, Plant and Equipment (Net Block)
Rs. Lakhs
Trade Receivables Turnover Ratio
Ratio

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
0.48% 0.48% 0.48% 0.48% 0.48% 0.48% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
99.52% 99.53% 99.52% 99.52% 99.53% 99.52% 100.00% 100.01% 100.01% 100.01% 100.00% 100.00%
No. of Shareholders 10,3939,9399,4858,8849,00511,82618,69318,21617,35117,23016,80016,158

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