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 ₹ 166 Cr.
- Current Price ₹ 161
- High / Low ₹ 234 / 105
- Stock P/E 97.1
- Book Value ₹ 134
- Dividend Yield 0.00 %
- ROCE 2.22 %
- ROE 1.63 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 1.20 times its book value
Cons
- 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 1.34% over last 3 years.
- Earnings include an other income of Rs.1.59 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
Sector: Realty Industry: Construction
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 | TTM | |
|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | 1.04 | 0.38 | 0.76 | 3.51 | 3.79 | |
| 0.83 | 0.30 | 0.09 | 0.31 | 0.59 | 1.79 | 1.82 | |
| Operating Profit | -0.83 | -0.30 | 0.95 | 0.07 | 0.17 | 1.72 | 1.97 |
| OPM % | 91.35% | 18.42% | 22.37% | 49.00% | 51.98% | ||
| 6.75 | 2.45 | 0.35 | 0.69 | 1.98 | 1.65 | 1.59 | |
| Interest | 0.04 | 0.06 | 0.01 | 0.00 | 0.18 | 0.70 | 0.73 |
| Depreciation | 0.47 | 0.16 | 0.11 | 0.08 | 0.65 | 0.68 | 0.94 |
| Profit before tax | 5.41 | 1.93 | 1.18 | 0.68 | 1.32 | 1.99 | 1.89 |
| Tax % | 34.75% | 29.02% | 27.12% | 14.71% | 12.12% | 6.53% | |
| 3.53 | 1.38 | 0.85 | 0.58 | 1.16 | 1.86 | 1.71 | |
| EPS in Rs | 56.12 | 21.94 | 13.51 | 6.24 | 12.49 | 1.80 | 1.65 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 362% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -12% |
| 3 Years: | 30% |
| TTM: | 60% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 2% |
| 3 Years: | 1% |
| Last Year: | 2% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.63 | 0.63 | 0.63 | 0.93 | 0.93 | 10.33 | 10.33 |
| Reserves | 32.40 | 33.75 | 34.63 | 88.94 | 90.08 | 126.89 | 128.08 |
| 0.43 | 0.74 | 0.00 | 8.71 | 6.79 | 7.05 | 14.33 | |
| 2.05 | 0.75 | 0.20 | 0.12 | 0.67 | 8.97 | 9.16 | |
| Total Liabilities | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 161.90 |
| 14.13 | 14.45 | 14.35 | 26.42 | 23.39 | 22.79 | 21.57 | |
| CWIP | 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 | 81.30 |
| 21.28 | 21.32 | 15.20 | 4.32 | 14.03 | 69.22 | 59.03 | |
| Total Assets | 35.51 | 35.87 | 35.46 | 98.70 | 98.47 | 153.24 | 161.90 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| 0.63 | 0.53 | -3.86 | 4.24 | 8.00 | ||
| -4.62 | 0.48 | -1.94 | -5.59 | -53.85 | ||
| 0.23 | -0.50 | 5.76 | 2.04 | 44.92 | ||
| Net Cash Flow | -3.76 | 0.52 | -0.05 | 0.69 | -0.93 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 0.00 | ||
| Working Capital Days | 428.17 | 499.47 | 898.09 | -504.34 | ||
| ROCE % | 5.80% | 3.38% | 1.00% | 1.53% | 2.22% |
Documents
Announcements
- Board Meeting Intimation for Considering And Approve Audited Financial Results (Standalone & Consolidated) For The Half Year And Year Ended On March 31, 2024 And The Report Of Auditors Thereon. 11h
- Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 3 May
- Certificate Under Regulation 40(9) & (10) Of SEBI (LODR) Regulations, 2015 19 Apr
- Compliances-Reg.24(A)-Annual Secretarial Compliance 17 Apr
-
Compliance Certificate For The Financial Year Ending On March 31, 2024
5 Apr - Reg. 7(3) - Compliance Certificate (RTA & Compliance Officer)
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