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Bright Brothers Ltd (BRIGHTBR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526731 NSE: BRIGHTBR Plastic Products | Small Cap | Bright Brothers Share Price

₹250 -3.60 (-1.42%)

As on 02-Sep'26 13:50

Bright Brothers Ltd (BRIGHTBR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 526731 NSE: BRIGHTBR Plastic Products | Small Cap | Bright Brothers Share Price

₹250 -3.60 (-1.42%)

As on 02-Sep'26 13:50

Key Metrics
Valuation Multiples
Market Cap
₹144 Cr.
Current Price
₹250
52-Week Low / High
₹184 / 377
TTM EPS
₹14.6
TTM Sales
₹375 Cr.
Book Value per Share
₹154.4
P/E Ratio
17.38
Higher than its 5-year historical median
Industry PE
38.5
Price to Book (P/B)
1.64
Higher than its 5-year historical median
Price to Sales (P/S)
0.38
Lower than its 5-year historical median
EV/EBITDA
5.81
Lower than its 5-year historical median
Dividend Yield
0.8%
Profitability Efficiency
Return on Equity (ROE)
9.56%
Outperforms industry median
Return on Capital Employed (ROCE)
15.08%
Outperforms industry median
Return on Assets (ROA)
3.27%
Operating Profit Margin
7.6%
Net Profit Margin
2.21%
Gross Profit Margin
5.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
6.64%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
-5.27%
Net Profit Growth (1 Year)
-
-10.31%
Asset Quality
Promoter Holding
54.54%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹82 Cr.
Equity
₹5.7 Cr.
Face Value
₹10
All Time Low / High
₹4.50 / 495.00

Bright Brothers stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Weak
Q.1 Is Bright Brothers Ltd a good quality company?
Bright Brothers Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Bright Brothers Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Bright Brothers Ltd vs industry peers?
Bright Brothers Ltd revenue CAGR is 11.60%, compared to the industry median CAGR of 3.59%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Bright Brothers Ltd?
Promoters hold 54.54% of the Bright Brothers Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Bright Brothers Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 15.6% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Bright Brothers Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 9.1%14.6%15.9%18%20.4%53.9%-3%3.9%19.3%15.1%-
Value Creation
Index
-0.40.00.10.30.52.9-1.2-0.70.40.1-

Growth Parameters

Sales 184214231218202230207245328350375
Sales YoY Gr.-16.8%7.6%-5.6%-7.2%13.8%-10.2%18.3%34.3%6.6%-
Adj EPS -2.11.13.36.29.211.8-7-6.514.61214.6
YoY Gr.-NA211.3%88.8%47%29.3%-159.2%NANA-17.3%-
BVPS (₹) 74.574.475.475.886.1139.6128.5122.7136.9148.3154.4
Adj Net
Profit
-1.20.61.93.55.26.7-4-3.78.36.88
Cash Flow from Ops. 11.57.910.515.411.76.70.410.88.915.1-
Debt/CF from Ops. 0.30.91.20.81.71.840.32.23.72.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 7.4%11.6%19.2%6.6%
Adj EPS NA5.6%NA-17.3%
BVPS8%11.5%4.9%8.3%
Share Price 15.5% 7.5% 13.9% -28.3%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
-2.51.44.38.111.110.4-5.2-5.211.28.49.6
Op. Profit
Mgn %
4.25.35.97.38.85.70.64.48.67.77.5
Net Profit
Mgn %
-0.60.30.81.62.62.9-1.9-1.52.522.2
Debt to
Equity
0.10.20.30.30.40.20.20.30.40.5-
Working Cap
Days
5959598315516216514813214570
Cash Conv.
Cycle
338369193816056688

Valuation of Bright Brothers - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales184214231218202230207245328350
Operating Expenses + 176203217202185217205234300323
Manufacturing Costs49585952454041618093
Material Costs104117129120114147130135177182
Employee Cost 14161819172022252830
Other Costs 1011111181012131518
Operating Profit 811141618131112827
Operating Profit Margin (%) 4.2%5.3%5.9%7.2%8.8%5.7%0.6%4.4%8.6%7.6%
Other Income + 2100112223
Exceptional Items 00000350000
Interest 4665454799
Depreciation 556666691012
Profit Before Tax 0125839-7-3119
Tax 0-00137-3021
Profit After Tax -0123632-3-398
PAT Margin (%) -0.1%0.6%0.9%1.6%2.8%13.9%-1.7%-1.3%2.6%2.2%
Adjusted EPS (₹)-0.52.13.56.110.156.3-6.0-5.515.213.6
Dividend Payout Ratio (%)-433.70%94.30%56.70%32.90%24.90%8.90%-16.60%-18.30%16.50%14.70%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 43434444507973707884
Share Capital 6666666666
Reserves 37373838447467647279
Debt +45101117713233344
Long Term Debt214511612171518
Short Term Debt146672171826
Minority Interest0000000000
Trade Payables26282418382635404847
Others Liabilities 14131044676547686773
Total Liabilities 878988117172177169201225248

Fixed Assets

Net Fixed Assets +38414544514250798088
Gross Block9097107111124121135172183193
Accumulated Depreciation5256626873798493103106
CWIP 0000007001
Investments 1174753816556
Inventories13151512201819202330
Trade Receivables16191746846454678793
Cash Equivalents 42337331188
Others Assets 544551319202224
Total Assets 878988117172177169201225248
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1181115127011915
PBT 0125839-7-3119
Adjustment 81012119-259141719
Changes in Working Capital 4-4-30-5-1-3-1-18-12
Tax Paid -000-1-1-500-1-1
Cash Flow From Investing Activity + -7-4-7-7-1063-1-11-14
Capex -7-9-10-4-1338-19-13-11-14
Net Investments 053-33-322111-2-1
Others 0000000111
Cash Flow From Financing Activity + -2-6-3-72-16-3-2-1-2
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 4-3226-554-26
Interest Paid -4-6-6-5-4-5-4-5-7-7
Dividend Paid -1-1-1-30-1-3-1-1-1
Others -142-00-5-2-081
Net Cash Flow 2-2113-3-08-3-0
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-0.572.854.718.0512.4149.89-4.5-4.3411.719.56
ROCE (%)9.0914.5915.9418.0420.3853.94-3.033.8719.3415.08
Asset Turnover Ratio2.442.522.612.121.41.321.21.321.541.48
PAT to CFO Conversion(x)N/A85.5520.22N/AN/A11.88
Working Capital Days
Receivable Days25.2028.8028.4052.50117.10116.80104.1090.6085.6093.70
Inventory Days21.8022.8023.6022.9029.4030.5032.5028.6023.7027.50
Payable Days73.4082.9073.406590.5080.3086.40102.7091.1096

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Bright Brothers Ltd FAQs

The current trading price of Bright Brothers on 02-Sep-2026 13:50 is ₹250.0.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Sep-2026 the market cap of Bright Brothers stood at ₹144.1 Cr

The latest P/E ratio of Bright Brothers as of 01-Sep-2026 is 17.38.

The latest P/B ratio of Bright Brothers as of 01-Sep-2026 is 1.64.

The 52-week high of Bright Brothers is ₹377.2 and the 52-week low is ₹183.9.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Bright Brothers is ₹375 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Bright Brothers Ltd is a average quality company.

The key valuation ratios of Bright Brothers Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Bright Brothers Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Bright Brothers Ltd

Bright Brothers Limited was incorporated as a Private Limited Company on July 11, 1946. It was promoted by T.W. Bhojwani. The company was converted into full fledged Public Limited Company on June 27, 1994. The company was manufacturing Umbrella, Ladies Cigarette Cases, Table lamps, Wash Basins fabricated out of `Perspex' (acrylic) Sheets. The company acquired several rights for products/processes from abroad including the `Engle processes, `Kaberit process' and a proprietary range of plastic spheres known as the 'Allplas' systems.

In the seventies, the company diversified into manufacture of hi-teck precision industrial products for supply to OEM markets such as Phillips, Bush India, Voltas etc. In the eighties certain OEMs required manufacturing facilities to be located next to their own factories for implementing just in time techniques and this led to promoters of Brite Automotive and Plastics Ltd. at Pithampur in Madhya Pradesh to cater primarily to the requirements of Kinetic Honda Motors Limited.

The company installed its first injection moulding machine and started manufacturing household items like Combs, Bangles, Mugs etc. which were sold under the trade name 'BRITE'. This Trade name is owned by the company and is registered in the name of the Company since 1946.

Its manufacturing operation was set up at Tarapur, Maharashtra with an installed capacity of 850 TPA by installing 3 injection moulding machines. Presently the company has an installed capacity of 3,000 tpa and facilities at Bhandup and Tarapur. The company undertook to set up a project for setting up facilities for manufacture of injection moulded components. The company also undertook a diversification project for manufacture of office seating system at Tarapur.

Milestones

  • 1947 - On July 11 Bright Brothers Limited was incorporated in Mumbai.
  • 1948 - The Group pioneered injection Molding technology in the Indian Plastic Industry.
  • 1962 - The company commissioned a state-of-the-art factory, at Mumbai.
  • 1986 - Brite Automotive & Plastics Limited, a company specializing in the manufacture of thermoplastic automotive components was set up in Pithampur meeting requirements of Kinetic Honda, Bajaj Tempo & Hindustan Motors.
  • 1989 - In March, the Tarapur Plant was inaugurated to cater the needs of the Television Cabinets manufactured by the growing Television Industry.
  • 1992 - In November, another plant was set up at Thribhuvanai, Pondicherry for molding of large parts for washing machine manufactured by Whirlpool of India Ltd.
  • 1994 - In October the plant was inaugurated at Sohna, Gurgaon catering to requirements of Maruti Udyog Ltd., Honda Motorcycles & Scooters India Ltd., Sony & Whirlpool of India Ltd.
  • 1999 - In June the company’s plant was started in Thane.
  • 2001 - In August Whirlpool Plastic division at Faridabad was acquired for supplies to Whirlpool of India.
  • 2005 - In January the Pune plant was started for supplies to TELCO and Whirlpool.
  • 2006 - In January Chennai plant was scheduled to go into operations to meet the requirements of Hyundai Motors India Ltd.
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