B-Right RealEstate Ltd

B-Right RealEstate Ltd

₹ 160 -1.23%
26 Apr - 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 165 Cr.
  • Current Price 160
  • High / Low 234 / 105
  • Stock P/E 94.5
  • Book Value 134
  • Dividend Yield 0.00 %
  • ROCE 3.16 %
  • ROE 1.42 %
  • 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
  • Company has a low return on equity of 0.83% over last 3 years.
  • Company might be capitalizing the interest cost
  • 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

Sector: Realty Industry: Construction

Loading peers table ...

Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2022 Mar 2023 Sep 2023
9.90 7.32 18.79
6.84 6.57 14.77
Operating Profit 3.06 0.75 4.02
OPM % 30.91% 10.25% 21.39%
0.99 1.06 0.73
Interest 0.30 0.55 0.34
Depreciation 0.31 0.38 0.56
Profit before tax 3.44 0.88 3.85
Tax % 32.56% 22.73% 34.81%
2.32 0.71 2.53
EPS in Rs 1.30 0.55 1.14
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
0.42 0.38 1.37 17.22 26.11
0.15 0.43 0.74 13.39 21.34
Operating Profit 0.27 -0.05 0.63 3.83 4.77
OPM % 64.29% -13.16% 45.99% 22.24% 18.27%
1.05 0.81 1.56 2.04 1.79
Interest 0.01 0.00 0.18 0.86 0.89
Depreciation 0.11 0.08 0.65 0.68 0.94
Profit before tax 1.20 0.68 1.36 4.33 4.73
Tax % 27.50% 14.71% 11.76% 30.48%
0.85 0.58 1.20 3.03 3.24
EPS in Rs 13.51 6.24 12.92 1.85 1.69
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 245%
TTM: 1157%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 25%
TTM: 523%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -24%
Return on Equity
10 Years: %
5 Years: %
3 Years: 1%
Last Year: 1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.63 0.93 0.93 10.33 10.33
Reserves 34.60 88.88 90.08 126.87 127.99
73.83 25.69 17.37 39.25 124.81
8.54 18.92 50.43 80.76 141.22
Total Liabilities 117.60 134.42 158.81 257.21 404.35
14.35 26.42 23.39 24.49 32.95
CWIP 0.00 0.00 0.00 0.00 0.00
Investments 5.05 5.57 6.88 30.23 30.53
98.20 102.43 128.54 202.49 340.87
Total Assets 117.60 134.42 158.81 257.21 404.35

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-74.17 -3.86 4.24 34.55
1.90 -1.94 -5.59 -77.55
73.09 5.76 2.04 44.84
Net Cash Flow 0.81 -0.05 0.69 1.85

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 17.38 19.21 5.33 0.00
Inventory Days
Days Payable
Cash Conversion Cycle 17.38 19.21 5.33 0.00
Working Capital Days 65,726.07 76,285.00 17,650.55 1,235.32
ROCE % 0.36% 0.43% 3.16%

Shareholding Pattern

Numbers in percentages

Sep 2022Mar 2023Sep 2023Mar 2024
71.92% 71.92% 71.92% 71.92%
28.08% 28.08% 28.08% 28.08%
No. of Shareholders 245188119142

Documents