Brightcom Group Ltd - Stock Valuation and Financial Performance

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

Brightcom Group Share Price

9.37 0.00 0.00%
as on 16-Dec'24 16:59

DeciZen - make an informed investing decision on Brightcom Group

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Brightcom Group stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
1,891.4 Cr.
52-wk low:
6.7
52-wk high:
22

Is Brightcom Group Ltd an attractive stock to invest in?

1. Is Brightcom Group Ltd 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.

2. Is Brightcom Group Ltd 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.

3. Is Brightcom Group Ltd 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.

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
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.
Brightcom Group Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 4.4%2.4%1.1%1.6%1.5%1.5%0.7%1.7%0.3%0.9%-
Value Creation
Index
-0.7-0.8-0.9-0.9-0.9-0.9-1.0-0.9-1.0-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 604492458466455459467366367434414
Sales YoY Gr.--18.6%-6.8%1.9%-2.4%0.7%1.8%-21.6%0.2%18.3%-
Adj EPS 0.1-0.1-0.1-0-0-0-00.100.1-0.1
YoY Gr.--171.4%NANANANANANA-71.4%250%-
BVPS (₹) 6.26.165.95.95.95.95.887.87.8
Adj Net
Profit
7.1-5.1-7.6-1.3-2.7-0.6-2.57.13.313.9-10
Cash Flow from Ops. -25.664.73.710.22-8.8-7.9-23.3-45621.3-
Debt/CF from Ops. -9.22.74516.181.3-17.9-17.1-4.2-0.25.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -3.6%-1%-2.4%18.3%
Adj EPS 0%NANA250%
BVPS2.6%5.8%10.1%-2.9%
Share Price -7.4% 26% -56.2% -52.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.2-0.8-1.3-0.2-0.5-0.1-0.41.20.30.9-0.6
Op. Profit
Mgn %
13.93.823.42.52.3-1.9-2.31.22.6-3.4
Net Profit
Mgn %
1.2-1-1.7-0.3-0.6-0.1-0.51.90.93.2-2.4
Debt to
Equity
0.40.30.30.30.30.30.20.20.10.10.1
Working Cap
Days
343369316276287289275331712936504
Cash Conv.
Cycle
-398-381-123-51614-12-1117-5442

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -2.39%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -13.97%

Latest Financials - Brightcom Group Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 1.8
TTM Sales (₹ Cr.) 414 3,643
BVPS (₹.) 7.8 40.5
Reserves (₹ Cr.) 1,171 7,763
P/BV 1.20 0.23
PE 0.00 5.27
From the Market
52 Week Low / High (₹) 6.65 / 21.99
All Time Low / High (₹) 1.08 / 122.88
Market Cap (₹ Cr.) 1,891
Equity (₹ Cr.) 403.7
Face Value (₹) 2
Industry PE 36

Management X-Ray of Brightcom Group:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *4.634.634.634.633.672.502.502.502.502.50
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Brightcom Group

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales604492458466455459467366367434
Operating Expenses 520473449453444452475374365429
Manufacturing Costs33332233410
Material Costs0000000000
Employee Cost 32344951495050393844
Other Costs 485436397399393400423333322376
Operating Profit 8419913117-9-825
Operating Profit Margin (%) 13.9%3.8%2.0%2.9%2.4%1.4%-1.9%-2.3%0.6%1.1%
Other Income 61110151521210
Interest 2419161515136000
Depreciation 531121111000
Exceptional Items 0000000000
Profit Before Tax 140-7-3-4-2-112414
Tax 5-2-10-110425
Profit After Tax 92-7-3-3-3-1829
PAT Margin (%) 1.5%0.4%-1.4%-0.6%-0.6%-0.7%-0.3%2.2%0.5%2.2%
Adjusted EPS (₹)0.10.0-0.10.00.00.00.00.10.00.1
Dividend Payout Ratio (%)0%0%-73%0%0%0%-167%31%3,528%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 6126065945855835835816161,6201,574
Share Capital 95959595959595102404404
Reserves 5175114994904884884865151,2161,171
Minority Interest0000000000
Debt22216015615415415813597100108
Long Term Debt14089878586919997100108
Short Term Debt83716868686736000
Trade Payables128873831323436282437
Others Liabilities 119108809610410095954680
Total Liabilities 1,0829618688668748758488371,7891,800

Fixed Assets

Gross Block123555555555555555555
Accumulated Depreciation102485051535454555555
Net Fixed Assets21754321111
CWIP 0000000000
Investments 511511511509509509509509678678
Inventories0000000000
Trade Receivables363295223218228228216183180209
Cash Equivalents 0100000062
Others Assets188147129135133137122144925911
Total Assets 1,0829618688668748758488371,7891,800

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -26654102-9-8-23-45621
PBT 140-7-3-4-2-112414
Adjustment 5716872-3131-2-9
Changes in Working Capital -9749364-4-20-36-45418
Tax Paid 0000000-1-4-2
Cash Flow From Investing Activity 0000000000
Capex 0000000000
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 17-64-4-10-29823461-25
Net Proceeds from Shares 0000000318360
Net Proceeds from Borrowing 14-51-1-2000000
Interest Paid -5-5-3-2-200000
Dividend Paid 000-600000-39
Others 7-800098-8-37514
Net Cash Flow -90-1000006-4
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.490.29-1.09-0.48-0.5-0.55-0.251.370.150.58
ROCE (%)4.362.381.091.591.491.490.711.720.340.86
Asset Turnover Ratio0.530.480.50.540.520.520.540.430.280.24
PAT to CFO Conversion(x)-2.8932.5N/AN/AN/AN/AN/A-2.88-2282.33
Working Capital Days
Receivable Days227244207173179181174199180163
Inventory Days0000000000
Payable Days0000000000

Brightcom Group Ltd Stock News

Brightcom Group Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Brightcom Group on 16-Dec-2024 16:59 is ₹9.37.
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 16-Dec-2024 16:59 the market cap of Brightcom Group stood at ₹1,891.4.
The latest P/E ratio of Brightcom Group as of 16-Dec-2024 16:59 is 0.00.
The latest P/B ratio of Brightcom Group as of 16-Dec-2024 16:59 is 1.20.
The 52-week high of Brightcom Group is ₹21.99 and the 52-week low is ₹6.65.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Brightcom Group is ₹413.8 ( 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.

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