Is Brightcom Group a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Brightcom Group Ltd is a below average quality company .

Is Brightcom Group undervalued or overvalued?

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

What is Brightcom Group share price return in the past 10 years?

Brightcom Group Ltd share price has declined -11.4% annually (CAGR) over the past ten years.

Is Brightcom Group a good buy now?

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

Brightcom Group Ltd - Stock Valuation and Financial Performance

Name: Brightcom Group
Brand: Brightcom Group

BSE: 532368 | NSE: BCG | IT - Software | Small Cap

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Brightcom Group Share Price

₹7.73 0.00 0.00%
as on 18-Nov'24 16:59

10 Year X-Ray of Brightcom Group:

Analysis of Financial Track Record

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
ROCE % ⓘ	3.8%	4.4%	2.4%	1.1%	1.6%	1.5%	1.5%	0.7%	1.7%	0.3%	-
Value Creation Index ⓘ	-0.7	-0.7	-0.8	-0.9	-0.9	-0.9	-0.9	-1.0	-0.9	-1.0	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	590	604	492	458	466	455	459	467	366	367	476
Sales YoY Gr.	-	2.3%	-18.6%	-6.8%	1.9%	-2.4%	0.7%	1.8%	-21.6%	0.2%	-
Adj EPS ⓘ	0	0.1	-0.1	-0.1	-0	-0	-0	-0	0.1	0	0.1
YoY Gr.	-	75%	-171.4%	NA	NA	NA	NA	NA	NA	-71.4%	-
BVPS (₹) ⓘ	6.2	6.2	6.1	6	5.9	5.9	5.9	5.9	5.8	8	7.9
Adj Net Profit ⓘ	4	7.1	-5.1	-7.6	-1.3	-2.7	-0.6	-2.5	7.1	3.3	14
Cash Flow from Ops. ⓘ	21.6	-25.6	64.7	3.7	10.2	2	-8.8	-7.9	-23.3	-456	-
Debt/CF from Ops. ⓘ	11.9	-9.2	2.7	45	16.1	81.3	-17.9	-17.1	-4.2	-0.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-5.2%	-4.7%	-7.2%	0.2%
Adj EPS ⓘ	-7.4%	NA	NA	-71.4%
BVPSⓘ	2.9%	6.4%	11%	37.7%
Share Price	-11.4%	30.3%	-51.7%	-54.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
Return on Equity % ⓘ	0.7	1.2	-0.8	-1.3	-0.2	-0.5	-0.1	-0.4	1.2	0.3	0.9
Op. Profit Mgn % ⓘ	5.9	13.9	3.8	2	3.4	2.5	2.3	-1.9	-2.3	1.2	2.6
Net Profit Mgn % ⓘ	0.7	1.2	-1	-1.7	-0.3	-0.6	-0.1	-0.5	1.9	0.9	3
Debt to Equity ⓘ	0.4	0.4	0.3	0.3	0.3	0.3	0.3	0.2	0.2	0.1	-
Working Cap Days ⓘ	386	343	369	316	276	287	289	275	331	712	468
Cash Conv. Cycle ⓘ	-1,252	-398	-381	-123	-5	16	14	-12	-11	17	417

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 0.90%

Sales growth is good in last 4 quarters at 15.24%

Sales growth has been subdued in last 3 years -7.17%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - Brightcom Group Ltd.

	Standalone	Consolidated
TTM EPS (₹)	0.1	4.4
TTM Sales (₹ Cr.)	476	5,326
BVPS (₹.) ⓘ	7.9	38.3
Reserves (₹ Cr.) ⓘ	1,182	7,318
P/BV ⓘ	0.98	0.20
PE ⓘ	109.90	1.78

From the Market
52 Week Low / High (₹)	6.65 / 22.97
All Time Low / High (₹)	1.08 / 122.88
Market Cap (₹ Cr.)	1,560
Equity (₹ Cr.)	403.7
Face Value (₹)	2
Industry PE ⓘ	34.6

Management X-Ray of Brightcom Group:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

4.73

4.63

3.67

2.50

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

Valuation of Brightcom Group

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Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Brightcom Group

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Sales	590	604	492	458	466	455	459	467	366	367
Operating Expenses ⓘ	556	520	473	449	453	444	452	475	374	365
Manufacturing Costs	2	3	3	3	3	2	2	3	3	4
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	33	32	34	49	51	49	50	50	39	38
Other Costs ⓘ	520	485	436	397	399	393	400	423	333	322
Operating Profit ⓘ	35	84	19	9	13	11	7	-9	-8	2
Operating Profit Margin (%)	5.9%	13.9%	3.8%	2.0%	2.9%	2.4%	1.4%	-1.9%	-2.3%	0.6%
Other Income ⓘ	12	6	11	1	0	1	5	15	21	2
Interest ⓘ	23	24	19	16	15	15	13	6	0	0
Depreciation ⓘ	12	53	11	2	1	1	1	1	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	11	14	0	-7	-3	-4	-2	-1	12	4
Tax ⓘ	0	5	-2	-1	0	-1	1	0	4	2
Profit After Tax	10	9	2	-7	-3	-3	-3	-1	8	2
PAT Margin (%)	1.7%	1.5%	0.4%	-1.4%	-0.6%	-0.6%	-0.7%	-0.3%	2.2%	0.5%
Adjusted EPS (₹)	0.1	0.1	0.0	-0.1	0.0	0.0	0.0	0.0	0.1	0.0
Dividend Payout Ratio (%)	0%	0%	0%	-73%	0%	0%	0%	-167%	31%	3,529%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Equity and Liabilities
Shareholders Fund	615	612	606	594	585	583	583	581	616	1,620
Share Capital ⓘ	95	95	95	95	95	95	95	95	102	404
Reserves ⓘ	520	517	511	499	490	488	488	486	515	1,216
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	245	222	160	156	154	154	158	135	97	100
Long Term Debt	126	140	89	87	85	86	91	99	97	100
Short Term Debt	119	83	71	68	68	68	67	36	0	0
Trade Payables	213	128	87	38	31	32	34	36	28	24
Others Liabilities ⓘ	107	119	108	80	96	104	100	95	95	46
Total Liabilities ⓘ	1,179	1,082	961	868	866	874	875	848	837	1,789
Fixed Assets
Gross Block	123	123	55	55	55	55	55	55	55	55
Accumulated Depreciation	49	102	48	50	51	53	54	54	55	55
Net Fixed Assetsⓘ	74	21	7	5	4	3	2	1	1	1
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	511	511	511	511	509	509	509	509	509	678
Inventories	0	0	0	0	0	0	0	0	0	0
Trade Receivables	388	363	295	223	218	228	228	216	183	180
Cash Equivalents	9	0	1	0	0	0	0	0	0	6
Others Assetsⓘ	198	188	147	129	135	133	137	122	144	925
Total Assets ⓘ	1,179	1,082	961	868	866	874	875	848	837	1,789

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Cash Flow From Operating Activity ⓘ	22	-26	65	4	10	2	-9	-8	-23	-456
PBT ⓘ	11	14	0	-7	-3	-4	-2	-1	12	4
Adjustment ⓘ	16	57	16	8	7	2	-3	13	1	-2
Changes in Working Capital ⓘ	-5	-97	49	3	6	4	-4	-20	-36	-454
Tax Paid ⓘ	0	0	0	0	0	0	0	0	-1	-4
Cash Flow From Investing Activity ⓘ	-5	0	0	0	0	0	0	0	0	0
Capex	-3	0	0	0	0	0	0	0	0	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-2	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-17	17	-64	-4	-10	-2	9	8	23	461
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	31	836
Net Proceeds from Borrowing ⓘ	-17	14	-51	-1	-2	0	0	0	0	0
Interest Paid ⓘ	-3	-5	-5	-3	-2	-2	0	0	0	0
Dividend Paid ⓘ	0	0	0	0	-6	0	0	0	0	0
Others ⓘ	4	7	-8	0	0	0	9	8	-8	-375
Net Cash Flow ⓘ	0	-9	0	-1	0	0	0	0	0	6

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22
Ratios
ROE (%)	1.68	1.49	0.29	-1.09	-0.48	-0.5	-0.55	-0.25	1.37	0.15
ROCE (%)	3.8	4.36	2.38	1.09	1.59	1.49	1.49	0.71	1.72	0.34
Asset Turnover Ratio	0.48	0.53	0.48	0.5	0.54	0.52	0.52	0.54	0.43	0.28
PAT to CFO Conversion(x)	2.2	-2.89	32.5	N/A	N/A	N/A	N/A	N/A	-2.88	-228
Working Capital Days
Receivable Days	258	227	244	207	173	179	181	174	199	180
Inventory Days	0	0	0	0	0	0	0	0	0	0
Payable Days	0	0	0	0	0	0	0	0	0	0

Brightcom Group Ltd Stock News

Brightcom Group Ltd FAQs

What is the share price of Brightcom Group?

Company share prices are keep on changing according to the market conditions. The closing price of Brightcom Group on 18-Nov-2024 16:59 is ₹7.73.

What is the market cap of Brightcom Group?

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 18-Nov-2024 16:59 the market cap of Brightcom Group stood at ₹1,560.3.

What is the P/E ratio of Brightcom Group?

The latest P/E ratio of Brightcom Group as of 18-Nov-2024 16:59 is 109.9.

What is the P/B ratio of Brightcom Group?

The latest P/B ratio of Brightcom Group as of 18-Nov-2024 16:59 is 0.98.

What is the 52-week high and low of Brightcom Group?

The 52-week high of Brightcom Group is ₹22.97 and the 52-week low is ₹6.65.

What is the TTM revenue of Brightcom Group?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Brightcom Group is ₹476.3 ( Cr.) .

About Brightcom Group Ltd

Brightcom Group consolidates Ad-tech, New Media and “Internet of Things” (IoT) based businesses across the globe, primarily in the digital eco-system. Coming off as a greeting card company in 1998, Brightcom today has come a long way in representing the latest generation of internet, internet applications, services and tech platforms powered by the changing next generation environment.

The company is well poised toward the next generation internet and tech platforms typically converging analytics, Advertisers and Publishers data management, tools for application development and extension, integration, and intelligent technologies such as artificial intelligence (AI), machine learning(ML), and the Internet of Things (IoT).

Brightcom group’s renowned global presence, including in the US, Israel, Latin America ME, Western Europe and Asia Pacific regions, positions it at the forefront of the digital landscape, enabling it to support partners in their efforts to leverage and benefit from current global trends. It has the technological platform and human knowledge to do so.

The company’s clients include leading blue chip advertisers like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, ING, Lenovo, LIC, Maruti Suzuki, MTV, P&G, Qatar Airways, Samsung, Viacom, Sony, Star India, Vodafone, Titan, and Unilever. Publishers include Facebook, LinkedIn, MSN, Twitter, and Yahoo! Brightcom works with agencies like Havas Digital, JWT, Mediacom, Mindshare, Neo@Ogilvy, Ogilvy One, OMD, Satchi&Satchi, TBWA, and ZenithOptiMedia, to name a few.

The company’s office in India is located in Hyderabad. Its international offices are located at San Jose, CA; Boston, US; Herzliya-Israel; Singapore; UAE; SidneyAustralia; Mexico City-Mexico; Chile, Buenos Aires -Argentina; Belgrade-Serbia; Berlin-Germany; BrasiliaBrazil; Montevideo, Paraguay; Asuncion-Paraguay, UK; France.

Business area of the company

The company is a leading global provider of comprehensive online or digital marketing services to direct marketers, brand advertisers, and marketing agencies. The Company is divided into three major divisions: (i) Media (Ad-Tech and digital marketing), (ii) Software services, and (iii) Future technologies. The company's primary clients are end advertisers, agencies and publishers, but also include ad exchanges & networks.

The company’s offerings

ONETAG: The tag created by using One Tag helps in Media and Ad Optimization. Its technology ensures a 100% fill rate. The advertisers can seamlessly integrate / switch the Tag with any DSP. The Ad performance is constantly monitored and helps in optimizing the programmatic campaign. The tag’s efficient fraud detection system helps publishers by preventing counterfeiting and ensures a clean, transparent programmatic ecosystem. It also provides multiple reports to help Publishers / Advertisers in monitoring the Ad performance.
VOLOMP: A mass mailing tool for affiliate marketers which can be seamlessly integrated to any CRM platform. It helps the customers to schedule campaigns, send millions of mails with minimal effort and monitor campaign performance.
COMPASS: Brightcom’s proprietary technology platform, Compass enables publishers to maximize yield by monetizing their media across all their devices utilizing solutions like real-time bidding, tag integration, header bidding, and other hybrid solutions.
PROXYTOOL: It is a Firefox installable tool bar with user authentication and admin functions.
PANGEA: It is a proprietary optimization approach which enables quality conversions with a full user funnel tracking system-please check if this is right to achieve optimum results.
B-Local: B-local is a local news audience exchange providing demand partners with direct access to people’s everyday lives.
BRIGHTCOM PROGRAMMATIC PLATFORM: It is a platform that allows the programmatic trading of ads, primarily video based. It allows for seamless integration and maximum yield over video and display, both mobile and desktop. It provides a visual analytics interface and also quality and advertising fraud monitoring mechanism.