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 ₹ 372 Cr.
- Current Price ₹ 360
- High / Low ₹ 450 / 137
- Stock P/E 115
- Book Value ₹ 136
- 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 2.65 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.
- Working capital days have increased from 1,442 days to 5,257 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.
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 | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 1.04 | 0.38 | 0.76 | 3.51 | 5.26 | 6.28 | |
| 0.83 | 0.30 | 0.09 | 0.31 | 0.59 | 1.79 | 1.59 | 1.86 | |
| Operating Profit | -0.83 | -0.30 | 0.95 | 0.07 | 0.17 | 1.72 | 3.67 | 4.42 |
| OPM % | 91.35% | 18.42% | 22.37% | 49.00% | 69.77% | 70.38% | ||
| 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 | 1.46 |
| Depreciation | 0.47 | 0.16 | 0.11 | 0.08 | 0.65 | 0.68 | 1.35 | 1.18 |
| Profit before tax | 5.41 | 1.93 | 1.18 | 0.68 | 1.32 | 1.99 | 2.61 | 0.58 |
| 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 | |
| EPS in Rs | 56.12 | 21.94 | 13.51 | 6.24 | 12.49 | 1.80 | 2.33 | 0.57 |
| 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: | 19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 41% |
| TTM: | 34% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 140% |
| 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 | |
|---|---|---|---|---|---|---|---|---|
| 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 | 129.89 |
| 0.43 | 0.74 | 0.00 | 8.71 | 6.79 | 7.05 | 14.51 | 12.88 | |
| 2.05 | 0.75 | 0.20 | 0.12 | 0.67 | 8.97 | 10.80 | 10.87 | |
| Total Liabilities | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 163.97 |
| 14.13 | 14.45 | 14.35 | 26.42 | 23.39 | 22.79 | 31.55 | 11.81 | |
| 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 | 107.58 |
| 21.28 | 21.32 | 15.20 | 4.32 | 14.03 | 69.22 | 62.21 | 44.58 | |
| Total Assets | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 164.93 | 163.97 |
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 | 499.47 | 898.09 | -504.34 | -426.76 | 5,257.05 | ||
| ROCE % | 5.80% | 3.38% | 1.00% | 1.53% | 2.22% | 2.47% | 3.05% |
Documents
Announcements
-
Disclosure Pursuant To Regulation 30 Of SEBI (Listing Obligation And Disclosure Requirement) Regulations, 2015 ('Listing Regulations')
2d - B-Right LLP partners 50:50 with TAMPL for Mumbai SRA project development.
-
Approval Financial Statement For The Half Year And Year Ended 31St March, 2025
30 May - Approved audited standalone and consolidated financial results for year ended March 31, 2025 with unmodified audit opinion.
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Board Meeting Outcome for Outcome Of The Board Meeting Held To Consider Audited Financial Statements For The Half Year And Year Ended 31St March, 2025
30 May - B-Right Realestate approved audited FY25 standalone and consolidated financial results with unmodified audit opinion.
-
Board Meeting Intimation for Prior Intimation Of Meeting Of Board Of B-Right Realestate Limited ('The Company)
26 May - Board meeting on May 30 to approve FY25 audited financial results and related matters.
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General Disclosure Pertaining Execution Of Optionally Convertible Debentures Subscription Agreement Entered Between M/S. Farewell Real Estate Private Limited - Subsidiary Company Of The Company And M/S. Yogi Limited.
13 May - Subsidiary Farewell Real Estate issues Rs.50 Cr optionally convertible debentures to Yogi Limited.
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