Brightcom Group Ltd

₹ 26.1 -3.15%
27 Jan - close price
About

Formed in 2010 as Lycos Internet Ltd., the company was renamed to Brightcom Group Ltd in 2018. The company is a global provider of online or digital marketing services to direct marketers, brand advertisers, and marketing agencies through its three major divisions viz., media (Ad-Tech and digital marketing), software services and future technologies.

Key Points

Product Portfolio:[1]
Through its various subsidiaries, the Company owns the following products-
Onetag
Coreg
Volomp
Pangea
Brightcom
Proxytool
B-Local
COMPASS

  • Market Cap 5,267 Cr.
  • Current Price 26.1
  • High / Low 114 / 25.6
  • Stock P/E 4.42
  • Book Value 30.6
  • Dividend Yield 1.15 %
  • ROCE 29.4 %
  • ROE 21.3 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.85 times its book value
  • Company is expected to give good quarter

Cons

  • Promoter holding is low: 18.5%
  • Promoter holding has decreased over last 3 years: -20.7%

* 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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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
630 860 628 640 638 879 699 654 1,104 2,021 1,240 1,481 1,683
432 630 427 448 441 628 473 449 754 1,452 857 1,025 1,173
Operating Profit 198 229 201 192 197 250 226 205 349 569 384 456 510
OPM % 31% 27% 32% 30% 31% 28% 32% 31% 32% 28% 31% 31% 30%
-2 12 5 -0 1 1 19 -1 0 -0 -1 -3 -3
Interest 2 0 2 2 2 2 -5 0 0 0 0 0 0
Depreciation 47 51 46 51 55 61 59 58 60 63 66 66 62
Profit before tax 146 190 158 139 142 188 191 146 290 506 317 387 445
Tax % 28% 24% 32% 27% 27% 26% 27% 28% 27% 27% 30% 28% 28%
Net Profit 105 144 108 101 103 139 140 106 212 371 223 277 321
EPS in Rs 1.06 1.45 1.08 0.96 0.97 1.31 1.32 1.00 1.22 2.14 1.11 1.37 1.59
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
467 1,263 1,600 1,663 1,951 2,250 2,451 2,421 2,580 2,692 2,856 5,020 6,425
392 1,025 1,493 1,296 1,379 1,576 1,722 1,707 1,821 1,904 1,990 3,513 4,507
Operating Profit 76 238 107 367 572 674 729 714 759 789 865 1,507 1,918
OPM % 16% 19% 7% 22% 29% 30% 30% 29% 29% 29% 30% 30% 30%
-0 34 14 2 14 -0 1 -0 -3 14 21 -2 -7
Interest 12 28 35 27 23 16 15 15 13 6 0 0 0
Depreciation 6 17 26 69 41 64 96 108 135 180 226 246 257
Profit before tax 57 228 60 273 522 594 619 590 609 617 660 1,258 1,654
Tax % 13% 16% 15% 19% 34% 33% 31% 31% 27% 29% 27% 27%
Net Profit 50 192 51 221 342 400 429 407 444 440 483 912 1,192
EPS in Rs 0.51 2.23 3.45 4.03 4.33 4.10 4.47 4.44 4.57 4.52 6.21
Dividend Payout % 5% 5% -0% -0% -0% 2% -0% -0% -0% 1% 1% 7%
Compounded Sales Growth
10 Years: 15%
5 Years: 15%
3 Years: 25%
TTM: 93%
Compounded Profit Growth
10 Years: 17%
5 Years: 16%
3 Years: 27%
TTM: 100%
Stock Price CAGR
10 Years: 0%
5 Years: 55%
3 Years: 116%
1 Year: -76%
Return on Equity
10 Years: 18%
5 Years: 17%
3 Years: 18%
Last Year: 21%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
25 95 95 95 95 95 95 95 95 95 102 404 404
Reserves 147 800 943 1,064 1,435 1,937 2,313 2,730 2,909 2,731 3,158 4,891 5,776
17 206 188 158 94 81 79 77 67 36 -0 -0 -0
277 599 379 486 461 328 362 358 391 405 428 645 850
Total Liabilities 466 1,700 1,605 1,803 2,085 2,441 2,849 3,260 3,461 3,267 3,688 5,939 7,030
67 307 284 274 258 483 567 542 524 695 719 850 897
CWIP -0 42 42 42 270 172 71 301 285 268 322 179 88
Investments 2 8 8 9 6 109 107 106 225 251 356 536 563
397 1,343 1,272 1,479 1,551 1,678 2,104 2,310 2,427 2,053 2,291 4,374 5,481
Total Assets 466 1,700 1,605 1,803 2,085 2,441 2,849 3,260 3,461 3,267 3,688 5,939 7,030

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
18 -146 -105 211 276 242 151 315 510 89 460 287
-15 -304 -3 -60 -271 -293 -80 -313 -387 -272 -431 -217
-9 619 31 -202 9 54 -51 7 -109 199 -22 548
Net Cash Flow -5 169 -76 -51 13 3 21 9 13 16 8 618

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 199 209 146 173 158 117 116 132 126 132 143 137
Inventory Days -0 -0 -0 -0 -0
Days Payable
Cash Conversion Cycle 199 209 146 173 158 117 116 132 126 132 143 137
Working Capital Days 119 157 166 166 159 176 218 251 245 188 205 207
ROCE % 32% 40% 8% 24% 37% 33% 28% 22% 21% 21% 22% 29%

Shareholding Pattern

Numbers in percentages

8 recently
Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022
39.14 36.72 36.76 36.76 36.76 36.76 22.40 22.40 18.47 18.47 18.47 18.47
7.25 3.87 0.23 0.72 0.72 0.19 0.38 1.87 12.15 13.55 14.00 14.55
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.07 0.05 0.06
53.61 59.41 63.01 62.52 62.52 63.05 77.22 75.73 69.37 67.91 67.45 66.91

* 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.

Documents

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