Share Price and Basic Stock Data

Last Updated: November 21, 2024, 10:22 pm

Market Cap	1,558 Cr.
Current Price	7.72
High / Low	23.0/6.65
Stock P/E	2.27
Book Value	38.6
Dividend Yield	0.00 %
ROCE	12.9 %
ROE	9.30 %
Face Value	2.00
PEG Ratio	-6.25

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Brightcom Group Ltd

Competitors of Brightcom Group Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
I Power Solutions India Ltd	6.41 Cr.	14.4	14.4/9.33		8.99	0.00 %	3.67 %	3.83 %	10.0
Hypersoft Technologies Ltd	7.47 Cr.	17.6	17.6/7.00		5.13	0.00 %	8.57 %	10.7 %	10.0
Newgen Software Technologies Ltd	15,162 Cr.	1,082	1,548/618	55.2	86.2	0.37 %	26.6 %	22.7 %	10.0
Mphasis Ltd	54,556 Cr.	2,884	3,188/2,180	34.2	458	1.91 %	24.0 %	18.4 %	10.0
Kellton Tech Solutions Ltd	1,380 Cr.	142	184/83.6	19.3	50.1	0.00 %	15.9 %	15.7 %	5.00
Industry Average	123,699.00 Cr	744.19		24.84	127.11	0.67%	18.89%	15.80%	6.56

All Competitor Stocks of Brightcom Group Ltd

Quarterly Result

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	879	699	654	1,104	2,021	1,240	1,481	1,683	2,865	1,368	1,690	1,814	453
Expenses	628	473	449	754	1,452	857	1,025	1,173	2,049	977	1,172	1,263	413
Operating Profit	250	226	205	349	569	384	456	510	816	391	518	551	40
OPM %	28%	32%	31%	32%	28%	31%	31%	30%	28%	29%	31%	30%	9%
Other Income	1	19	-1	0	-0	-1	-3	-3	-1	1	0	-1	0
Interest	2	-5	0	0	0	0	0	0	0	0	0	0	0
Depreciation	61	59	58	60	63	66	66	62	68	69	72	67	71
Profit before tax	188	191	146	290	506	317	387	445	746	323	446	483	-30
Tax %	26%	27%	28%	27%	27%	30%	28%	28%	27%	29%	28%	27%	-20%
Net Profit	139	140	106	212	371	223	277	321	544	229	321	352	-24
EPS in Rs	1.31	1.32	1.00	1.22	2.14	1.11	1.37	1.59	2.70	1.14	1.59	1.75	-0.12

Last Updated: November 19, 2024, 12:36 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: November 19, 2024, 12:36 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	1,263	1,600	1,663	1,951	2,250	2,451	2,421	2,580	2,692	2,856	5,020	7,397	5,326
Expenses	1,025	1,493	1,296	1,379	1,576	1,722	1,707	1,821	1,904	1,990	3,513	5,224	3,825
Operating Profit	238	107	367	572	674	729	714	759	789	865	1,507	2,173	1,501
OPM %	19%	7%	22%	29%	30%	30%	29%	29%	29%	30%	30%	29%	28%
Other Income	34	14	2	14	0	1	-0	-3	14	21	-2	-6	-0
Interest	28	35	27	23	16	15	15	13	6	0	0	0	0
Depreciation	17	26	69	41	64	96	108	135	180	226	246	266	279
Profit before tax	228	60	273	522	594	619	590	609	617	660	1,258	1,900	1,222
Tax %	16%	15%	19%	34%	33%	31%	31%	27%	29%	27%	27%	28%
Net Profit	192	51	221	342	400	429	407	444	440	483	912	1,371	879
EPS in Rs		0.51	2.23	3.45	4.03	4.33	4.10	4.47	4.44	4.57	4.52	6.79	4.36
Dividend Payout %	5%	0%	0%	0%	2%	0%	0%	0%	1%	1%	7%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2012-2013	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023
YoY Net Profit Growth (%)	-73.44%	333.33%	54.75%	16.96%	7.25%	-5.13%	9.09%	-0.90%	9.77%	88.82%	50.33%
Change in YoY Net Profit Growth (%)	0.00%	406.77%	-278.58%	-37.79%	-9.71%	-12.38%	14.22%	-9.99%	10.67%	79.05%	-38.49%

Brightcom Group Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

Growth

Compounded Sales Growth
10 Years:	11%
5 Years:	13%
3 Years:	18%
TTM:	-37%

Compounded Profit Growth
10 Years:	12%
5 Years:	9%
3 Years:	12%
TTM:	-50%

Stock Price CAGR
10 Years:	-11%
5 Years:	30%
3 Years:	-53%
1 Year:	-54%

Return on Equity
10 Years:	17%
5 Years:	16%
3 Years:	17%
Last Year:	9%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:33 am

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	95	95	95	95	95	95	95	95	95	102	404	404	404
Reserves	800	943	1,064	1,435	1,937	2,313	2,730	2,909	2,731	3,158	4,891	6,597	7,343
Borrowings	206	188	158	94	81	79	77	67	36	0	0	0	0
Other Liabilities	599	379	486	461	328	362	358	391	405	428	645	892	954
Total Liabilities	1,700	1,605	1,803	2,085	2,441	2,849	3,260	3,461	3,267	3,688	5,939	7,893	8,700
Fixed Assets	307	284	274	258	483	567	542	524	695	719	850	856	1,036
CWIP	42	42	42	270	172	71	301	285	268	322	179	255	320
Investments	8	8	9	6	109	107	106	225	251	356	536	567	571
Other Assets	1,343	1,272	1,479	1,551	1,678	2,104	2,310	2,427	2,053	2,291	4,374	6,215	6,775
Total Assets	1,700	1,605	1,803	2,085	2,441	2,849	3,260	3,461	3,267	3,688	5,939	7,893	8,700

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity +	-105	211	276	242	151	315	510	89	460	287	703
Cash from Investing Activity +	-3	-60	-271	-293	-80	-313	-387	-272	-431	-217	-266
Cash from Financing Activity +	31	-202	9	54	-51	7	-109	199	-22	548	230
Net Cash Flow	-76	-51	13	3	21	9	13	16	8	618	667

Free Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Free Cash Flow	32.00	-81.00	209.00	478.00	593.00	650.00	637.00	692.00	753.00	865.00	1.00	2.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	209	146	173	158	117	116	132	126	132	143	137	148
Inventory Days	0								0	0
Days Payable
Cash Conversion Cycle	209	146	173	158	117	116	132	126	132	143	137	148
Working Capital Days	157	166	166	159	176	218	251	245	188	205	207	186
ROCE %	40%	8%	24%	37%	33%	28%	22%	21%	21%	22%	29%	31%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	4.12%	3.51%	18.48%	18.47%	18.47%	18.48%	18.43%	18.38%	18.38%	18.38%	18.38%	18.38%
FIIs	1.87%	12.15%	13.55%	14.00%	14.55%	15.79%	8.90%	9.53%	10.53%	10.70%	9.39%	9.01%
DIIs	0.00%	0.00%	0.07%	0.05%	0.06%	0.08%	0.08%	0.11%	0.17%	0.15%	0.00%	0.00%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	94.01%	84.34%	67.91%	67.45%	66.91%	65.66%	72.57%	71.97%	70.92%	70.76%	72.24%	72.62%
No. of Shareholders	2,11,973	2,67,918	3,14,851	3,68,070	4,08,244	4,41,511	4,83,367	5,36,492	5,75,405	6,62,441	6,64,142	6,46,230

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Nippon India Nifty Smallcap 250 Index Fund	1,051,728	0.21	1.79	502,074	2024-11-20	109.48%
Motilal Oswal Nifty Smallcap 250 Index Fund	642,657	0.21	1.09	502,074	2024-11-20	28%
SBI Nifty Smallcap 250 Index Fund	502,074	0.21	0.85	502,074	2024-11-20	0%
Motilal Oswal Nifty 500 Index Fund	70,140	0.02	0.12	502,074	2024-11-20	-86.03%
Edelweiss Nifty Smallcap 250 Index Fund	26,068	0.21	0.04	502,074	2024-11-20	-94.81%
Groww Nifty Total Market Index Fund	4,504	0.02	0.01	502,074	2024-11-20	-99.1%
Motilal Oswal Nifty 500 ETF	3,004	0.02	0.01	502,074	2024-11-20	-99.4%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
FaceValue	2.00	2.00	2.00	2.00	2.00
Basic EPS (Rs.)	6.79	4.52	9.51	9.24	9.32
Diluted EPS (Rs.)	6.79	4.52	9.51	9.24	9.32
Cash EPS (Rs.)	8.11	5.74	13.97	13.01	12.16
Book Value[Excl.RevalReserv]/Share (Rs.)	34.68	26.24	64.21	59.35	63.07
Book Value[Incl.RevalReserv]/Share (Rs.)	34.68	26.24	64.21	59.35	63.07
Revenue From Operations / Share (Rs.)	36.64	24.88	56.26	56.53	54.18
PBDIT / Share (Rs.)	10.73	7.46	17.46	16.86	15.89
PBIT / Share (Rs.)	9.42	6.24	13.00	13.09	13.05
PBT / Share (Rs.)	9.41	6.23	13.00	12.96	12.78
Net Profit / Share (Rs.)	6.79	4.52	9.51	9.24	9.32
NP After MI And SOA / Share (Rs.)	6.79	4.52	9.51	9.24	9.32
PBDIT Margin (%)	29.28	29.97	31.03	29.82	29.33
PBIT Margin (%)	25.69	25.07	23.11	23.15	24.09
PBT Margin (%)	25.68	25.06	23.11	22.92	23.58
Net Profit Margin (%)	18.53	18.17	16.91	16.34	17.20
NP After MI And SOA Margin (%)	18.53	18.17	16.91	16.34	17.20
Return on Networth / Equity (%)	19.58	17.22	14.81	15.57	14.78
Return on Capital Employeed (%)	27.09	23.70	20.17	21.95	20.61
Return On Assets (%)	17.36	15.35	13.08	13.45	12.81
Total Debt / Equity (X)	0.00	0.00	0.00	0.01	0.02
Asset Turnover Ratio (%)	1.07	0.13	0.17	0.21	0.22
Current Ratio (X)	6.87	6.69	5.12	4.42	4.94
Quick Ratio (X)	6.87	6.69	5.12	4.42	4.94
Dividend Payout Ratio (NP) (%)	0.00	0.57	0.52	0.00	0.00
Dividend Payout Ratio (CP) (%)	0.00	0.44	0.35	0.00	0.00
Earning Retention Ratio (%)	0.00	99.43	99.48	0.00	0.00
Cash Earning Retention Ratio (%)	0.00	99.56	99.65	0.00	0.00
Interest Coverage Ratio (X)	5285.70	4787.32	8354.44	127.50	57.44
Interest Coverage Ratio (Post Tax) (X)	3346.52	2903.32	4554.43	70.88	34.69
Enterprise Value (Cr.)	1543.39	18909.57	292.80	64.66	113.93
EV / Net Operating Revenue (X)	0.20	3.77	0.10	0.02	0.04
EV / EBITDA (X)	0.71	12.57	0.33	0.08	0.15
MarketCap / Net Operating Revenue (X)	0.39	3.92	0.14	0.05	0.05
Retention Ratios (%)	0.00	99.42	99.47	0.00	0.00
Price / BV (X)	0.42	3.71	0.12	0.05	0.04
Price / Net Operating Revenue (X)	0.39	3.92	0.14	0.05	0.05
EarningsYield	0.46	0.04	1.15	2.98	2.97

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Brightcom Group Ltd as of November 23, 2024 is: 8.31

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 23, 2024, Brightcom Group Ltd is Undervalued by 7.64% compared to the current share price 7.72

Intrinsic Value of Brightcom Group Ltd as of November 23, 2024 is: 8.28

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 23, 2024, Brightcom Group Ltd is Undervalued by 7.25% compared to the current share price 7.72

Last 5 Year EPS CAGR: -0.36%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 26.33%, which is a positive sign. The company has higher reserves (2,988.54 cr) compared to borrowings (75.85 cr), indicating strong financial stability. The company has shown consistent growth in sales (2.54 cr) and profit (367.31 cr) over the years.	The stock has a high average Working Capital Days of 193.67, which may not be favorable. The stock has a high average Cash Conversion Cycle of 144.75, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Brightcom Group Ltd:
1. Net Profit Margin: 18.53%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 27.09% (Industry Average ROCE: 18.89%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 19.58% (Industry Average ROE: 15.8%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 3346.52
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 6.87
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 2.27 (Industry average Stock P/E: 24.84)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Brightcom Group Ltd. is a Public Limited Listed company incorporated on 28/01/1999 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L64203TG1999PLC030996 and registration number is 030996. Currently Company is involved in the business activities of Information service activities. Company’s Total Operating Revenue is Rs. 366.81 Cr. and Equity Capital is Rs. 403.58 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	Floor 5, Fairfield by Marriott, Road No 2, Nanakramguda, Hyderabad Telangana 500032	ir@brightcomgroup.com http://www.brightcomgroup.com

Management
Name	Position Held
Mr. M Suresh Kumar Reddy	Chairman & Managing Director
Mr. Vijay Kancharla	Executive Director
Dr. Surabhi Sinha	Ind.& Non Exe.Director
Dr. K Jayalakshmi Kumari	Ind.& Non Exe.Director
Mr. Peshwa Acharya	Ind.& Non Exe.Director
Mr. Nilendu Narayan Chakraborty	Ind.& Non Exe.Director

FAQ

What is the latest intrinsic value of Brightcom Group Ltd?

The latest intrinsic value of Brightcom Group Ltd as on 23 November 2024 is ₹8.31, which is 7.64% higher than the current market price of ₹7.72.

What is the Market Cap of Brightcom Group Ltd?

The Market Cap of Brightcom Group Ltd is 1,558 Cr..

What is the current Stock Price of Brightcom Group Ltd as on 23 November 2024?

The current stock price of Brightcom Group Ltd as on 23 November 2024 is 7.72.

What is the High / Low of Brightcom Group Ltd stocks in FY 2024?

In FY 2024, the High / Low of Brightcom Group Ltd stocks is 23.0/6.65.

What is the Stock P/E of Brightcom Group Ltd?

The Stock P/E of Brightcom Group Ltd is 2.27.

What is the Book Value of Brightcom Group Ltd?

The Book Value of Brightcom Group Ltd is 38.6.

What is the Dividend Yield of Brightcom Group Ltd?

The Dividend Yield of Brightcom Group Ltd is 0.00 %.

What is the ROCE of Brightcom Group Ltd?

The ROCE of Brightcom Group Ltd is 12.9 %.

What is the ROE of Brightcom Group Ltd?

The ROE of Brightcom Group Ltd is 9.30 %.

What is the Face Value of Brightcom Group Ltd?

The Face Value of Brightcom Group Ltd is 2.00.