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 ₹ 615 Cr.
- Current Price ₹ 595
- High / Low ₹ 650 / 226
- Stock P/E 191
- Book Value ₹ 139
- Dividend Yield 0.00 %
- ROCE 3.05 %
- ROE 2.32 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 4.28 times its book value
- 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 1.91% over last 3 years.
- Earnings include an other income of Rs.1.79 Cr.
* 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
Consumer Discretionary Realty Realty Residential, Commercial Projects
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 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 1.04 | 0.38 | 0.76 | 3.51 | 5.26 | 6.28 | 4.82 | |
| 0.83 | 0.30 | 0.09 | 0.31 | 0.59 | 1.79 | 1.59 | 1.86 | 1.27 | |
| Operating Profit | -0.83 | -0.30 | 0.95 | 0.07 | 0.17 | 1.72 | 3.67 | 4.42 | 3.55 |
| OPM % | 91.35% | 18.42% | 22.37% | 49.00% | 69.77% | 70.38% | 73.65% | ||
| 6.75 | 2.45 | 0.35 | 0.69 | 1.98 | 1.65 | 1.36 | -1.20 | 1.79 | |
| Interest | 0.04 | 0.06 | 0.01 | 0.00 | 0.18 | 0.70 | 1.07 | 1.46 | 1.27 |
| Depreciation | 0.47 | 0.16 | 0.11 | 0.08 | 0.65 | 0.68 | 1.35 | 1.18 | 0.93 |
| Profit before tax | 5.41 | 1.93 | 1.18 | 0.68 | 1.32 | 1.99 | 2.61 | 0.58 | 3.14 |
| Tax % | 34.75% | 29.02% | 27.12% | 14.71% | 12.12% | 6.53% | 8.05% | -3.45% | |
| 3.53 | 1.38 | 0.85 | 0.58 | 1.16 | 1.86 | 2.41 | 0.59 | 3.10 | |
| EPS in Rs | 56.12 | 21.94 | 13.51 | 6.24 | 12.49 | 1.80 | 2.33 | 0.57 | 3.00 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 43% |
| 3 Years: | 102% |
| TTM: | -41% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 41% |
| TTM: | -29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 34% |
| 1 Year: | 53% |
| 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 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.63 | 0.63 | 0.63 | 0.93 | 0.93 | 10.33 | 10.33 | 10.33 | 10.33 |
| Reserves | 32.40 | 33.75 | 34.63 | 88.94 | 90.08 | 126.89 | 129.29 | 129.89 | 133.18 |
| 0.43 | 0.74 | 0.00 | 8.71 | 6.79 | 7.05 | 14.51 | 12.88 | 12.91 | |
| 2.05 | 0.75 | 0.20 | 0.12 | 0.67 | 8.97 | 10.80 | 10.86 | 9.46 | |
| Total Liabilities | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 163.96 | 165.88 |
| 14.13 | 14.45 | 14.35 | 26.42 | 23.39 | 22.79 | 31.55 | 14.22 | 11.42 | |
| CWIP | 0.00 | 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 | 105.17 | 110.90 |
| 21.28 | 21.32 | 15.20 | 4.32 | 14.03 | 69.22 | 62.21 | 44.57 | 43.56 | |
| Total Assets | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 163.96 | 165.88 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| 0.63 | 0.53 | -3.86 | 4.24 | 8.00 | 4.82 | 4.11 | ||
| -4.62 | 0.48 | -1.94 | -5.59 | -53.85 | -11.39 | -4.25 | ||
| 0.23 | -0.50 | 5.76 | 2.04 | 44.92 | 7.92 | -1.39 | ||
| Net Cash Flow | -3.76 | 0.52 | -0.05 | 0.69 | -0.93 | 1.35 | -1.53 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 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 | 0.00 | ||
| Working Capital Days | 428.17 | -2,862.37 | 792.43 | -524.10 | -482.97 | -471.94 | ||
| ROCE % | 5.80% | 3.38% | 1.00% | 1.53% | 2.22% | 2.47% | 3.05% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Acquisition
29 Jan - 29 Jan 2026: Subsidiary acquired 89.99% of Danchi Developers for Rs.89,990; project GDV Rs.181 Crore.
-
Announcement Under Regulation 30 (LODR)- Operational Performance.
12 Jan - Q3 FY26 pre-sales Rs.124.03 Cr; collections Rs.40.31 Cr; total debt Rs.57.90 Cr; added GDV Rs.352.63 Cr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulation, 2018, for the Quarter ended December 31, 2025.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 3 Jan
-
Announcement under Regulation 30 (LODR)-Acquisition
17 Dec 2025 - Material subsidiary incorporated B-Right Macro Realty on 16 Dec 2025; acquired 66.67% for Rs.66,670.
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