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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

₹252.85 1.40 (0.56%)

As on 22-Sep'26 16:59

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

₹252.85 1.40 (0.56%)

As on 22-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹143 Cr.
Current Price
₹252.9
52-Week Low / High
₹184 / 377
TTM EPS
₹10.1
TTM Sales
₹397 Cr.
Book Value per Share
₹147.7
P/E Ratio
24.91
Higher than its 5-year historical median
Industry PE
37.1
Price to Book (P/B)
1.70
Higher than its 5-year historical median
Price to Sales (P/S)
0.36
Lower than its 5-year historical median
EV/EBITDA
6.18
Lower than its 5-year historical median
Dividend Yield
0.79%
Profitability Efficiency
Return on Equity (ROE)
7.53%
Outperforms industry median
Return on Capital Employed (ROCE)
13.77%
Outperforms industry median
Return on Assets (ROA)
2.44%
Operating Profit Margin
6.8%
Net Profit Margin
1.58%
Gross Profit Margin
5.1%
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
-11.25%
Net Profit Growth (1 Year)
-
-30.27%
Asset Quality
Promoter Holding
54.54%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹78 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

Valuation

Fair

Price Trend

Weak
Q.1 Is Bright Brothers Ltd a good quality company?
Bright Brothers Ltd is a weak quality company, based on a inconsistent 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 0.00%, compared to the industry median CAGR of 0%, indicating stable growth and maintaining 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 not performed well majority of the past ten years indicating its past ten year financial track record is not 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 15.7% 10.1% 15.8% -22.7%

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 - Consolidated

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'22Mar'23Mar'24Mar'25Mar'26
Sales230207245336375
Operating Expenses + 217206236307350
Manufacturing Costs4041618195
Material Costs147130135179191
Employee Cost 2022263038
Other Costs 1012141725
Operating Profit 13192925
Operating Profit Margin (%) 5.7%0.4%3.7%8.5%6.8%
Other Income + 12223
Exceptional Items 350000
Interest 547910
Depreciation 6691112
Profit Before Tax 39-7-5117
Tax 7-3021
Profit After Tax 32-4-586
PAT Margin (%) 13.9%-1.8%-2.0%2.5%1.6%
Adjusted EPS (₹)56.3-6.7-8.415.010.4
Dividend Payout Ratio (%)8.90%-15%-11.90%16.70%19.20%
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 7973687681
Share Capital 66666
Reserves 7467627175
Debt +713233648
Long Term Debt612171518
Short Term Debt2172130
Minority Interest00000
Trade Payables2635405251
Others Liabilities 6547686775
Total Liabilities 177168199231255

Fixed Assets

Net Fixed Assets +4250798189
Gross Block121135172187198
Accumulated Depreciation798493106109
CWIP 07001
Investments 3815445
Inventories1819202933
Trade Receivables6454678698
Cash Equivalents 3311119
Others Assets 1319181921
Total Assets 177168199231255
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 0091112
PBT 0-7-5117
Adjustment 09141821
Changes in Working Capital 0-3-1-16-15
Tax Paid 000-1-1
Cash Flow From Investing Activity + 030-9-14
Capex 0-19-13-11-14
Net Investments 022120-1
Others 00111
Cash Flow From Financing Activity + 0-3-2-21
Net Proceeds from Shares 00000
Net Proceeds from Borrowing 054-39
Interest Paid 0-4-5-7-7
Dividend Paid 0-3-1-1-1
Others 0-2-080
Net Cash Flow 0-08-0-2
PARTICULARSMar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)40.33-4.98-6.811.87.53
ROCE (%)47.31-3.432.0819.513.77
Asset Turnover Ratio1.31.21.331.561.54
PAT to CFO Conversion(x)0N/AN/A1.382
Working Capital Days
Receivable Days100.80104.1090.6083.2089.30
Inventory Days28.8032.5028.6026.2029.90
Payable Days65.1086.40102.7094.6098.70

Top 5 Mutual Funds Holding

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Announcements

Bright Brothers Ltd FAQs

The current trading price of Bright Brothers on 22-Sep-2026 16:59 is ₹252.8.

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 21-Sep-2026 the market cap of Bright Brothers stood at ₹142.8 Cr

The latest P/E ratio of Bright Brothers as of 21-Sep-2026 is 17.24.

The latest P/B ratio of Bright Brothers as of 21-Sep-2026 is 1.63.

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 below 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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