B-Right RealEstate Ltd

B-Right RealEstate Ltd

₹ 964 2.12%
06 May - close price
About

Incorporated in 2008, B-Right Real Estate Ltd is in the business of Real Estate Development and Investments[1]

Key Points

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

  • Market Cap 996 Cr.
  • Current Price 964
  • High / Low 1,008 / 226
  • Stock P/E 27.0
  • Book Value 171
  • Dividend Yield 0.00 %
  • ROCE 20.9 %
  • ROE 23.3 %
  • Face Value 10.0

Pros

  • Company has delivered good profit growth of 130% CAGR over last 5 years
  • Promoter holding has increased by 0.99% over last quarter.

Cons

  • Stock is trading at 5.63 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 9.74% over last 3 years.
  • Promoters have pledged 31.8% of their holding.
  • Working capital days have increased from 13.6 days to 996 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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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
2 2 2 3 5 1 4 36
1 1 1 1 1 1 1 1
Operating Profit 1 0 1 2 4 0 3 35
OPM % 62% 32% 66% 73% 77% 36% 84% 96%
1 1 1 1 -2 1 1 1
Interest 0 0 0 1 1 1 1 2
Depreciation 0 0 1 1 1 1 0 0
Profit before tax 1 1 1 1 1 -0 3 34
Tax % 5% 11% 10% 6% -1% 0% 1% 0%
1 1 1 1 1 -0 3 34
EPS in Rs 1.31 0.49 1.16 1.17 0.75 -0.18 3.18 32.55
Raw PDF

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 Mar 2026
0 0 1 0 1 4 5 6 40
1 0 0 0 1 2 2 2 2
Operating Profit -1 -0 1 0 0 2 4 4 38
OPM % 91% 18% 22% 49% 70% 70% 95%
7 2 0 1 2 2 1 -1 2
Interest 0 0 0 0 0 1 1 1 2
Depreciation 0 0 0 0 1 1 1 1 1
Profit before tax 5 2 1 1 1 2 3 1 37
Tax % 35% 29% 27% 15% 12% 7% 8% -3% 0%
4 1 1 1 1 2 2 1 37
EPS in Rs 56.12 21.94 13.51 6.24 12.49 1.80 2.33 0.57 35.74
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 154%
3 Years: 125%
TTM: 534%
Compounded Profit Growth
10 Years: %
5 Years: 130%
3 Years: 171%
TTM: 1040%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 66%
1 Year: 164%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 10%
Last Year: 23%

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 Mar 2026
Equity Capital 0.63 0.63 0.63 0.93 0.93 10 10 10 10
Reserves 32 34 35 89 90 127 129 130 167
0 1 0 9 7 7 15 13 45
2 1 0 0 1 9 11 11 3
Total Liabilities 36 36 35 99 98 153 165 164 225
14 14 14 26 23 23 32 14 11
CWIP 0 0 0 0 0 0 0 0 0
Investments 0 0 6 68 61 61 71 105 161
21 21 15 4 14 69 62 45 53
Total Assets 36 36 35 99 98 153 165 164 225

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 Mar 2026
1 1 -4 4 8 5 4 58
-5 0 -2 -6 -54 -11 -4 -50
0 -0 6 2 45 8 -1 -8
Net Cash Flow -4 1 -0 1 -1 1 -2 0
Free Cash Flow 0 1 -4 8 9 -5 9 58
CFO/OP -403% 56% -5,371% 2,494% 465% 131% 93% 155%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 0 0 0 0 0 0 0
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 0 0
Working Capital Days 428 -2,862 792 -524 -483 -472 996
ROCE % 6% 3% 1% 2% 2% 2% 3% 21%

Insights

In beta
Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Project Inventory (WIP) on Balance Sheet
Rs. Lakhs

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Number of Ongoing Projects
Number
Number of Projects in Pipeline
Number
Total Ongoing Execution Area
sq. ft. in lakhs
Execution Area - Upcoming Projects
sq. ft. in lakhs
Expected Gross Development Value (GDV) - Top 5 Projects
Rs. Crore
Expected Gross Development Value (GDV) - Total
Rs. Crore
Sales Velocity - Cumulative Sold Value (Selected Ongoing Projects)
Rs. Crore
Units Sold (Cumulative for Ongoing Projects)
Number

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
71.92% 71.92% 71.92% 71.92% 71.92% 71.92% 72.15% 73.15%
0.00% 0.00% 0.00% 0.00% 0.00% 0.80% 1.40% 1.40%
28.08% 28.08% 28.08% 28.08% 28.08% 27.27% 26.45% 25.44%
No. of Shareholders 245188119142166154216189

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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