About the Company - Bright Solar Ltd
Bright Solar Ltd. is a Public Limited Listed company incorporated on 23/04/2010 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L51109GJ2010PLC060377 and registration number is 060377. Currently Company is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 7.19 Cr. and Equity Capital is Rs. 20.40 Cr. for the Year ended 31/03/2022.
| Management |
|---|
| Name | Position Held |
|---|
| Mr. Piyushkumar Babubhai Thumar | Chairman & Managing Director |
| Mr. Ajay Raj Singh | Executive Director |
| Ms. Jagrutiben Joshi | Non Executive Director |
| Mr. Viren Rajeshkumar Makwana | Independent Director |
| Mrs. Shivangi Gajjar | Independent Director |
Bright Solar Ltd. Share Price Update |
|---|
| Share Price | Value |
|---|
| Today | ₹5.40 |
| Previous Day | ₹5.30 |
Basic Stock Data of Bright Solar Ltd
| Market Cap | 13.2 Cr. |
|---|
| Current Price | 5.30 |
|---|
| High / Low | 10.5/4.65 |
|---|
| Stock P/E | 264 |
|---|
| Book Value | 12.4 |
|---|
| Dividend Yield | 0.00 % |
|---|
| ROCE | 0.33 % |
|---|
| ROE | 0.16 % |
|---|
| Face Value | 10.0 |
|---|
Bright Solar Ltd Quarterly Results
| Month | Sep 2019 | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 |
|---|
| Sales | 3.27 | 20.20 | 13.99 | 10.54 | 1.49 | 5.70 | 4.52 | 19.06 |
| Expenses | 2.61 | 19.46 | 13.39 | 10.61 | 4.11 | 10.30 | 4.45 | 19.15 |
| Operating Profit | 0.66 | 0.74 | 0.60 | -0.07 | -2.62 | -4.60 | 0.07 | -0.09 |
| OPM % | 20.18% | 3.66% | 4.29% | -0.66% | -175.84% | -80.70% | 1.55% | -0.47% |
| Other Income | 0.05 | 0.12 | 0.05 | 0.21 | 0.05 | 0.25 | 0.50 | -0.05 |
| Interest | 0.04 | 0.04 | 0.04 | 0.06 | 0.01 | 0.05 | 0.02 | 0.02 |
| Depreciation | 0.21 | 0.22 | 0.20 | 0.20 | 0.19 | 0.21 | 0.16 | 0.16 |
| Profit before tax | 0.46 | 0.60 | 0.41 | -0.12 | -2.77 | -4.61 | 0.39 | -0.32 |
| Tax % | 28.26% | 70.00% | 26.83% | 0.00% | 0.00% | 0.00% | 23.08% | 25.00% |
| Net Profit | 0.34 | 0.18 | 0.30 | -0.12 | -2.77 | -4.61 | 0.30 | -0.24 |
| EPS in Rs | 0.14 | 0.07 | 0.12 | -0.05 | -1.11 | -1.85 | 0.12 | -0.10 |
Bright Solar Ltd Quarterly Chart
Bright Solar Ltd Profit & Loss
| Month | Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Sales | 0.04 | 1.48 | 47.76 | 14.99 | 18.03 | 39.58 | 57.41 | 23.40 | 24.39 | 7.19 | 23.58 |
| Expenses | 0.11 | 1.45 | 44.45 | 13.71 | 14.99 | 29.89 | 53.32 | 21.98 | 23.66 | 14.40 | 23.60 |
| Operating Profit | -0.07 | 0.03 | 3.31 | 1.28 | 3.04 | 9.69 | 4.09 | 1.42 | 0.73 | -7.21 | -0.02 |
| OPM % | -175.00% | 2.03% | 6.93% | 8.54% | 16.86% | 24.48% | 7.12% | 6.07% | 2.99% | -100.28% | -0.08% |
| Other Income | 0.08 | 0.00 | 0.05 | 0.44 | 0.10 | 0.30 | 0.43 | 0.17 | 0.26 | 0.30 | 0.45 |
| Interest | 0.00 | 0.00 | 0.28 | 0.60 | 0.53 | 0.33 | 0.08 | 0.10 | 0.30 | 0.06 | 0.04 |
| Depreciation | 0.00 | 0.00 | 0.11 | 0.08 | 0.06 | 0.11 | 0.42 | 0.42 | 0.40 | 0.40 | 0.32 |
| Profit before tax | 0.01 | 0.03 | 2.97 | 1.04 | 2.55 | 9.55 | 4.02 | 1.07 | 0.29 | -7.37 | 0.07 |
| Tax % | 0.00% | 33.33% | 34.01% | 32.69% | 33.33% | 35.08% | 41.79% | 51.40% | 37.93% | 0.00% | 14.29% |
| Net Profit | 0.01 | 0.02 | 1.97 | 0.71 | 1.71 | 6.20 | 2.34 | 0.52 | 0.18 | -7.37 | 0.05 |
| EPS in Rs | | | 15.15 | 3.94 | 9.50 | 3.39 | 0.94 | 0.21 | 0.07 | -2.96 | 0.02 |
| Dividend Payout % | 0.00% | 0.00% | 6.73% | 21.13% | 0.00% | 2.42% | 8.72% | 39.23% | 11.33% | 0.00% | 0.00% |
Bright Solar Ltd Profit & Loss Yearly Chart
Bright Solar Ltd Growth
|
| Compounded Sales Growth |
|---|
| 10 Years:: | % |
| 5 Years:: | -10% |
| 3 Years:: | 0% |
| TTM:: | 228% |
Bright Solar Ltd Growth
|
| Compounded Profit Growth |
|---|
| 10 Years:: | % |
| 5 Years:: | -62% |
| 3 Years:: | -54% |
| TTM:: | 101% |
Bright Solar Ltd Growth
|
| Stock Price CAGR |
|---|
| 10 Years:: | % |
| 5 Years:: | -33% |
| 3 Years:: | -7% |
| 1 Year:: | -10% |
Bright Solar Ltd Growth
|
| Return on Equity |
|---|
| 10 Years:: | % |
| 5 Years:: | -3% |
| 3 Years:: | -7% |
| Last Year:: | 0% |
No data available for the Balance Sheet data table.
Bright Solar Ltd Reserves and Borrowings Chart
Bright Solar Ltd Cash Flow
| Month | Mar 2011 | Mar 2012 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
|---|
| Cash from Operating Activity | -0.00 | -0.00 | -4.66 | 3.01 | 1.24 | 5.93 | -11.59 | 2.06 | 0.14 | 1.02 | -7.63 |
| Cash from Investing Activity | -0.00 | -0.00 | 0.05 | -0.63 | -0.00 | -7.55 | -6.76 | -0.45 | -0.86 | -1.23 | 7.53 |
| Cash from Financing Activity | -0.00 | -0.00 | 4.62 | -0.64 | -0.76 | 0.22 | 18.09 | -0.19 | -0.42 | 0.11 | -0.15 |
| Net Cash Flow | -0.00 | -0.00 | 0.01 | 1.74 | 0.48 | -1.40 | -0.25 | 1.42 | -1.15 | -0.10 | -0.24 |
|
Bright Solar Ltd Financial Efficiency Indicators Chart
No valid data available for the Shareholding
Bright Solar Ltd Shareholding Pattern Chart
No. of Bright Solar Ltd Shareholders
This stock is not held by any mutual fund
Bright Solar Ltd ROCE Trend
Bright Solar Ltd EPS Trend
Bright Solar Ltd Key Financial Ratios
| Month | Mar 23 | Mar 22 | Mar 21 | Mar 20 | Mar 19 |
|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 0.03 | -3.61 | 0.09 | 0.25 | 1.23 |
| Diluted EPS (Rs.) | 0.03 | -3.61 | 0.09 | 0.25 | 1.23 |
| Cash EPS (Rs.) | 0.18 | -3.42 | 0.28 | 0.45 | 1.35 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 15.11 | 15.08 | 18.71 | 18.72 | 18.59 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 15.11 | 15.08 | 18.71 | 18.72 | 18.59 |
| Dividend / Share (Rs.) | 0.00 | 0.00 | 0.01 | 0.10 | 0.10 |
| Revenue From Operations / Share (Rs.) | 11.56 | 3.52 | 12.02 | 11.50 | 28.14 |
| PBDIT / Share (Rs.) | 0.21 | -3.39 | 0.38 | 0.77 | 2.21 |
| PBIT / Share (Rs.) | 0.05 | -3.58 | 0.18 | 0.56 | 2.01 |
| PBT / Share (Rs.) | 0.03 | -3.62 | 0.13 | 0.52 | 1.97 |
| Net Profit / Share (Rs.) | 0.02 | -3.61 | 0.08 | 0.25 | 1.15 |
| PBDIT Margin (%) | 1.81 | -96.17 | 3.21 | 6.70 | 7.86 |
| PBIT Margin (%) | 0.44 | -101.74 | 1.56 | 4.90 | 7.14 |
| PBT Margin (%) | 0.27 | -102.62 | 1.16 | 4.54 | 7.00 |
| Net Profit Margin (%) | 0.22 | -102.61 | 0.71 | 2.19 | 4.07 |
| Return on Networth / Equity (%) | 0.17 | -23.96 | 0.46 | 1.35 | 6.17 |
| Return on Capital Employeed (%) | 0.33 | -23.34 | 0.99 | 2.96 | 10.70 |
| Return On Assets (%) | 0.11 | -18.02 | 0.34 | 0.96 | 4.61 |
| Long Term Debt / Equity (X) | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Total Debt / Equity (X) | 0.05 | 0.11 | 0.01 | 0.01 | 0.01 |
| Asset Turnover Ratio (%) | 0.53 | 0.15 | 0.47 | 0.45 | 1.43 |
| Current Ratio (X) | 2.26 | 2.36 | 2.79 | 2.51 | 2.76 |
| Quick Ratio (X) | 1.96 | 2.13 | 2.00 | 1.83 | 2.36 |
| Dividend Payout Ratio (NP) (%) | 0.00 | 0.00 | 115.72 | 47.68 | 10.48 |
| Dividend Payout Ratio (CP) (%) | 0.00 | 0.00 | 35.15 | 26.21 | 8.90 |
| Earning Retention Ratio (%) | 0.00 | 0.00 | -15.72 | 52.32 | 89.52 |
| Cash Earning Retention Ratio (%) | 0.00 | 0.00 | 64.85 | 73.79 | 91.10 |
| Interest Coverage Ratio (%) | 10.74 | -110.17 | 7.92 | 18.34 | 57.78 |
| Interest Coverage Ratio (Post Tax) (%) | 2.35 | -116.54 | 2.77 | 7.01 | 30.94 |
| Enterprise Value (Cr.) | 10.88 | 12.24 | 21.15 | 15.95 | 48.73 |
| EV / Net Operating Revenue (X) | 0.46 | 1.70 | 0.86 | 0.67 | 0.84 |
| EV / EBITDA (X) | 25.39 | -1.77 | 26.82 | 10.13 | 10.79 |
| MarketCap / Net Operating Revenue (X) | 0.48 | 1.60 | 0.96 | 0.82 | 0.88 |
| Retention Ratios (%) | 0.00 | 0.00 | -15.72 | 52.31 | 89.51 |
| Price / BV (X) | 0.36 | 0.37 | 0.62 | 0.50 | 1.34 |
| Price / Net Operating Revenue (X) | 0.48 | 1.60 | 0.96 | 0.82 | 0.88 |
| EarningsYield | 0.00 | -0.63 | 0.01 | 0.02 | 0.04 |
Bright Solar Ltd Profitability Ratios (%)
Bright Solar Ltd Liquidity Ratios
Bright Solar Ltd Liquidity Ratios (%)
Bright Solar Ltd Interest Coverage Ratios (%)
Bright Solar Ltd Valuation Ratios
Fair Value of Bright Solar Ltd Stock
Fair Value: ₹5.34
The stock is undervalued by 0.80% compared to the current price ₹5.3
*This is not Investment Advice
Strength and Weakness of Bright Solar Ltd Stock
Unable to fetch valid data for stock valuation.
