Bright Solar Ltd
BRIGHTBright Solar Ltd
BRIGHT
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
AvgAverage profitability - not good, not bad
Entry point
BadThe stock is in the overbought zone
Red flags
AvgThe stock has a moderate number of red flags
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| — | 0.61 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 51.63 | 6.04 | 0.55% |
Forecast & Ratings
Detailed ForecastPrice
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Bright Solar is an India-based company that provides solar energy solutions. Its products include solar water pumping system, direct current solar pumps, alternating current solar pump, Solar pumping controller, solar panels, water treatment plant
Peers
Compare with peersCummins India Ltd
AIA Engineering Ltd
Thermax Limited
Grindwell Norton Ltd
Timken India Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 47.84 | 15.47 | 18.13 | 39.88 | 57.84 | 23.64 | 24.78 | 7.49 | 24.03 | — | ||||||||||
Raw Materials | 43.24 | 12.65 | 14.20 | 29.23 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | ||||||||||
| Power & Fuel Cost | 0.01 | 0.03 | 0.01 | 0.00 | 0.01 | 0.02 | 0.02 | 0.01 | 0.00 | |||||||||||
| Employee Cost | 0.34 | 0.19 | 0.04 | 0.22 | 0.89 | 1.79 | 1.27 | 0.59 | 0.33 | |||||||||||
| Selling & Administrative Expenses | 0.81 | 0.80 | 0.41 | 0.43 | 2.14 | 2.17 | 0.75 | 0.73 | 0.67 | |||||||||||
| Operating & Other expenses | 0.09 | 0.08 | 0.33 | 0.01 | 50.29 | 18.08 | 21.74 | 13.07 | 22.60 | |||||||||||
EBITDA | 3.35 | 1.72 | 3.14 | 9.99 | 4.51 | 1.58 | 1.00 | -6.91 | 0.43 | — | ||||||||||
| Depreciation/Amortization | 0.11 | 0.08 | 0.06 | 0.11 | 0.42 | 0.42 | 0.40 | 0.40 | 0.32 | — | ||||||||||
| PBIT | 3.24 | 1.64 | 3.08 | 9.88 | 4.09 | 1.16 | 0.60 | -7.31 | 0.11 | — | ||||||||||
| Interest & Other Items | 0.28 | 0.60 | 0.53 | 0.33 | 0.08 | 0.10 | 0.30 | 0.06 | 0.04 | — | ||||||||||
| PBT | 2.96 | 1.04 | 2.55 | 9.55 | 4.01 | 1.06 | 0.30 | -7.37 | 0.07 | — | ||||||||||
| Taxes & Other Items | 1.01 | 0.34 | 0.85 | 3.35 | 1.68 | 0.55 | 0.11 | 0.00 | 0.01 | — | ||||||||||
| Net Income | 1.95 | 0.70 | 1.70 | 6.20 | 2.33 | 0.51 | 0.19 | -7.37 | 0.06 | — | ||||||||||
| EPS | 3.12 | 0.57 | 1.19 | 4.33 | 1.38 | 0.26 | 0.10 | -3.79 | 0.03 | — | ||||||||||
| DPS | 0.13 | 0.10 | 0.00 | 0.10 | 0.10 | 0.10 | 0.01 | 0.00 | 0.00 | — | ||||||||||
| Payout ratio | 0.04 | 0.18 | 0.00 | 0.02 | 0.08 | 0.40 | 0.11 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
IndustrialsIndustrial Machinery
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Bright Solar Ltd | 312.49 | 0.61 | — |
| Cummins India Ltd | 44.17 | 9.42 | 1.28% |
| AIA Engineering Ltd | 33.64 | 6.23 | 0.42% |
| Thermax Limited | 67.49 | 7.85 | 0.37% |
Price Comparison
Compare BRIGHT with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Sep 2022
Mar 2023
Apr 2023
Sep 2023
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹0.01
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateSep 16, 2021
Dividend/Share
₹0.01
Ex DateEx Date
Sep 16, 2021
Cash Dividend
Ex DateEx DateSep 10, 2020
Dividend/Share
₹0.10
Ex DateEx Date
Sep 10, 2020
Cash Dividend
Ex DateEx DateSep 12, 2019
Dividend/Share
₹0.10
Ex DateEx Date
Sep 12, 2019
Cash Dividend
Ex DateEx DateSep 12, 2018
Dividend/Share
₹0.10
Ex DateEx Date
Sep 12, 2018
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of -9.64%, vs industry avg of 11.97%
Decreasing Market Share
Over the last 5 years, market share decreased from 0.07% to 0.02%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of -60.45%, vs industry avg of 19.77%