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 ₹ 1,012 Cr.
- Current Price ₹ 980
- High / Low ₹ 1,008 / 226
- Stock P/E 314
- 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 6.97 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: | 66% |
| 1 Year: | 173% |
| 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 | |
| Free Cash Flow | 0.14 | 0.53 | -3.86 | 7.67 | 8.58 | -5.29 | 9.36 | |
| CFO/OP | -403% | 56% | -5,371% | 2,494% | 465% | 131% | 93% |
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% |
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 |
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| Number of Projects in Pipeline Number |
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| Total Ongoing Execution Area sq. ft. in lakhs |
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| Execution Area - Upcoming Projects sq. ft. in lakhs |
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| Expected Gross Development Value (GDV) - Top 5 Projects Rs. Crore |
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| Expected Gross Development Value (GDV) - Total Rs. Crore |
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| Sales Velocity - Cumulative Sold Value (Selected Ongoing Projects) Rs. Crore |
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| Units Sold (Cumulative for Ongoing Projects) Number |
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Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Apr - Certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the Quarter ended March 31, 2026.
- Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011 27 Mar
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
26 Mar - Crossed ₹1,000 crore market cap; FY25 revenue ₹103.43 crore; 9M FY26 pre-sales ₹208.42 crore.
-
Closure of Trading Window
26 Mar - Trading window closed from April 1, 2026 until 48 hours after audited results for year ended March 31, 2026.
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Announcement Under Regulation 30 (LODR)-Corporate Guarantee
25 Mar - Issued Rs 45 crore corporate guarantee for Siddhivinayak Developers Kurar construction loan.
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