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 ₹ 966 Cr.
- Current Price ₹ 935
- High / Low ₹ 936 / 226
- Stock P/E 205
- Book Value ₹ 140
- Dividend Yield 0.00 %
- ROCE 5.08 %
- ROE 1.58 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 22.0% CAGR over last 5 years
Cons
- Stock is trading at 6.67 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 1.60% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|
| 0 | 0 | 1 | 17 | 41 | 103 | 117 | |
| 0 | 0 | 1 | 13 | 31 | 90 | 91 | |
| Operating Profit | 0 | -0 | 1 | 4 | 10 | 13 | 26 |
| OPM % | 64% | -13% | 46% | 22% | 24% | 13% | 22% |
| 1 | 1 | 2 | 2 | 1 | -1 | 2 | |
| Interest | 0 | 0 | 0 | 1 | 1 | 2 | 3 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 1 | 4 | 9 | 8 | 24 |
| Tax % | 28% | 15% | 12% | 30% | 38% | 48% | |
| 1 | 1 | 1 | 3 | 5 | 4 | 17 | |
| EPS in Rs | 13.51 | 6.24 | 12.92 | 1.85 | 2.35 | 1.64 | 4.53 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 201% |
| 3 Years: | 323% |
| TTM: | 87% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 22% |
| 3 Years: | 104% |
| TTM: | 154% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 68% |
| 1 Year: | 176% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 2% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.63 | 0.93 | 0.93 | 10 | 10 | 10 | 10 |
| Reserves | 35 | 89 | 90 | 127 | 129 | 131 | 134 |
| 74 | 26 | 17 | 39 | 154 | 78 | 155 | |
| 9 | 19 | 50 | 81 | 151 | 112 | 97 | |
| Total Liabilities | 118 | 134 | 159 | 257 | 445 | 332 | 397 |
| 14 | 26 | 23 | 24 | 43 | 30 | 19 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 5 | 6 | 7 | 30 | 15 | 16 | 38 |
| 98 | 102 | 129 | 202 | 387 | 286 | 340 | |
| Total Assets | 118 | 134 | 159 | 257 | 445 | 332 | 397 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -74 | -4 | 4 | 35 | -44 | -21 | |
| 2 | -2 | -6 | -78 | 9 | 20 | |
| 73 | 6 | 2 | 45 | 35 | -3 | |
| Net Cash Flow | 1 | -0 | 1 | 2 | 1 | -4 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 17 | 19 | 5 | 0 | 0 | 121 |
| Inventory Days | 903 | |||||
| Days Payable | 145 | |||||
| Cash Conversion Cycle | 17 | 19 | 5 | 0 | 0 | 879 |
| Working Capital Days | 1,564 | 56,613 | 14,773 | 549 | 662 | 354 |
| ROCE % | 0% | 0% | 3% | 4% | 5% |
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
-
Intimation Of Incorporation Of Wholly Owned Subsidiary
16 Mar - Incorporated Brightsky Luxespace Pvt Ltd on 16 Mar 2026; 100% subscription, paid-up Rs.1,00,000.
-
Board Meeting Outcome for Board Meeting Outcome.
10 Mar - Board approved DPT-1 advertisement to invite fixed deposits on March 10, 2026.
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Board Meeting Intimation for Prior Intimation Of Meeting Of Board Of B-Right Realestate Limited (''''The Company).
2 Mar - Board meeting on March 10, 2026 at 2:00 PM to approve DPT-1 circular inviting fixed deposits.
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
2 Mar - Infomerics reaffirms IVR BBB-/Stable for B-Right; proposed FDs Rs38.02cr and FDs Rs1.98cr (total Rs40cr).
-
Announcement Under Regulation 30 (LODR)-Credit Rating
2 Mar - Infomerics reaffirms IVR BBB-/Stable for B-Right Realestate's fixed deposits totalling Rs40 crore (rating dated Feb 24, 2026).
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