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Bright Brothers Ltd logo

Bright Brothers Ltd

NSE: BRIGHTBROS BSE: 526731

207

(-0.14%)

Tue, 03 Mar 2026, 08:30 am

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Summary

  • Market Cap

    114.25

  • Net Profit

    8.49

  • P/B

    2.14

  • Sector P/E

    43.74

  • P/E

    19.23

  • EV/EBITDA

    6.81

  • Debt/Equity (Industry)

    0.34

  • Interest Cover (Industry)

    6.38

  • ROCE (Industry)

    10.34

  • RONW (Industry)

    8.96

  • ROE

    11.79

  • ROCE

    16.31

  • Debt/Equity

    0.67

  • EPS (TTM)

    9.92

  • Dividend Yield

    1.24

  • Book Value

    140.80

  • Interest Cover

    2.23

Analysis

all

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Pros

  • Dividends paid are well covered by earnings (4.8x coverage).
  • Dividends per share have been stable in the past 10 years.
  • Bright Brothers's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
  • Bright Brothers's dividend is above the markets top 25% of dividend payers in India (3.08%).
  • Bright Brothers is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
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Cons

  • No dividend growth in 10 years.
  • The level of debt compared to net worth has increased over the past 5 years (6.3% vs 22.3% today).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.9x annual interest expense, ideally 3x coverage).
  • High level of physical assets or inventory.
  • Suresh's remuneration is higher than average for companies of similar size in India.

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Financials

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Ratios

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Shareholding

ShareholdersDEC 2025SEPT 2025JUN 2025MAR 2025DEC 2024
Promoters54.4054.3554.3554.3554.23
FII00000
DII0.000.000.000.000.00
Public45.6045.6545.6545.6545.77
Government00000

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Technical Analysis

RSI

30.29

MACD

-12.29

50 DMA

246.23

200 DMA

307.26

Support and Resistance

TypeR3R2R1PPS1S2S3
Classic374.05301.30254.15228.55181.40155.8083.05
Fibonacci301.30273.51256.34228.55200.76183.59155.80
Camarilla227.01220.34213.67228.55200.33193.66186.99

Pivots Level: Classic

R3

+145.50

374.05

R2

+72.75

301.30

R1

+25.60

254.15

228.55
228.55
Pivot Point
LTP: 201.15

S1

-47.15

181.40

S2

-72.75

155.80

S3

-145.50

83.05

Moving Average

SMAEMA

Period

Value

  • 10-EMA

    215.10

  • 20-EMA

    225.18

  • 30-EMA

    232.48

  • 50-EMA

    244.33

  • 100-EMA

    266.64

  • 200-EMA

    287.23

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Corporate Actions

Announcement DatePurposeActionEx Date
11 Feb 2026board-meetingsQuarterly Results
13 Nov 2025board-meetingsQuarterly Results, Half Yearly Results
30 Jul 2025agm
18 Jul 2025dividendFinal Dividend - Rs. - 2.518 Aug 2025
10 May 2025dividend₹2.50 Dividend /Share18 Aug 2025
10 Sept 2024agm
13 May 2024dividend₹1.00 Dividend /Share21 Sept 2024
23 Aug 2023agm
24 May 2023dividend₹1.00 Dividend /Share09 Sept 2023
27 Jul 2022agm

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Peer Comparison

Bright Brothers Ltd logo

Bright Brothers Ltd

Shaily Engineering Plastics Ltd logo

Shaily Engineering Plastics Ltd

Astral Ltd logo

Astral Ltd

Finolex Industries Ltd logo

Finolex Industries Ltd

Time Technoplast Ltd logo

Time Technoplast Ltd

Supreme Industries Ltd logo

Supreme Industries Ltd

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Bright Brothers Ltd About

Bright Brothers is one of the leading plastic products manufacturing Company in India having 7  manufacturing facilities spread across the country, offering a wide and comprehensive range of plastic products in India.

Industry

Plastics Products

Founded

1946

Headquarters

CEO

Suresh Bhojwani

Employees

Contact

Website icon

Website

http://www.brightbrothers.co.in

Email icon

Email

sonalip@brightbrothers.co.in; ho@brightbrothers.co

Phone icon

Phone

Location icon

Location

91 Jolly maker Chambers No 2, 225 Nariman Point, Mumbai, Maharashtra, 400021

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Bright Brothers Ltd Company History

YearHistory
2012
  • The company recommended a dividend of Rs. 2/- per equity share of Rs. 10/-.
2013
  • The company recommended a dividend of 20% or Rs. 2/- per equity share of Rs. 10/- each.
2022
  • The company proposed to set up two manufacturing units to cater to its existing customers.
2023
  • The company commenced commercial production at its subsidiary's factory located at Lena in the State of Wisconsin, United States of America.
  • The company commenced commercial production at its new factory located in Haridwar.
2024
  • Bright Brothers LLC entered into an agreement for purchase of Membership Interest of Sintex Holdings B.V. in Sintex Logistics LLC.

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Deals

Client NameOrder SideQTYAvg PriceDate
GAURAV NARESHMAL LODHABuy41000172.6830 Jan 2024
ARCH FINANCE LIMITEDBuy32642162.1411 Mar 2022
NISHU FINLEASE PVT. LTD.Sell32520162.1511 Mar 2022
NISHU FINLEASE PVT. LTD.Buy3252015709 Mar 2022
ARCH FINANCE LIMITEDSell3252015709 Mar 2022
DIPAK KANAYALAL SHAHSell30000134.7521 Jun 2021
PARVATHI BALARAMANSell44006103.4910 Jun 2021
MULTIPLIER SHARE AND STOCK ADVISORS PRIVATE LTDBuy30000131.3709 Jun 2021
MULTIPLIER SHARE AND STOCK ADVISORS PRIVATE LTDSell1000127.5109 Jun 2021
IRFAN FAKHRI KARIMISell28507110.8108 Jun 2021

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Bright Brothers Ltd News

Bright Brothers Q3FY26 Results Mixed Performance

Bright Brothers reported Q3FY26 results with standalone revenue at ₹7,828.53 lakhs vs ₹7,716.84 lakhs YoY. Consolidated operations showed loss of ₹138.33 lakhs against profit of ₹94.52 lakhs in Q3FY25.

11 Feb 2026

co actions results

Bright Brothers Limited Reports Quarterly Financial Results for Q2 FY2026

Bright Brothers Limited announced its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, following board approval on November 13, 2025. The company, engaged in manufacturing plastic moulded parts, submitted the results along with limited review reports to comply with SEBI listing regulations.

13 Nov 2025

earnings

Bright Brothers Limited Reappoints Anil Kumar Bhandari as Independent Director for Second Five-Year Term

Bright Brothers Limited shareholders approved the reappointment of Mr. Anil Kumar Bhandari as an Independent Director for a second five-year term at their 78th Annual General Meeting held on August 25, 2025. The appointment is effective from September 9, 2025, through September 8, 2030. Mr. Bhandari holds DIN 00031194 and has not been debarred from holding directorship by SEBI or any other authority. He is a graduate in Economics from Madras University with a Masters from North Eastern University Boston, USA. Mr. Bhandari is a second-generation coffee grower in Coorg, Karnataka with over 50 years of experience and previously served as Vice Chairman of the Coffee Board of India. He brings extensive experience in Business Management, Operations and Strategic Planning. There are no inter-se relationships between Mr. Bhandari and other directors of the company.

25 Aug 2025

corporate governance

Bright Brothers Limited Reports Q1 FY2026 Financial Results with Profit Growth

Bright Brothers Limited announced its unaudited financial results for the quarter ended June 30, 2025. The company reported standalone revenue from operations of Rs 9,280.98 lakhs and consolidated revenue of Rs 10,107.07 lakhs. Standalone profit for the period was Rs 291.58 lakhs, while consolidated profit reached Rs 317.02 lakhs. The company's earnings per share on a standalone basis was Rs 5.13 (basic) and Rs 5.13 (diluted), with consolidated EPS at Rs 5.58 (basic) and Rs 5.58 (diluted). The paid-up equity share capital remained at Rs 568.02 lakhs with a face value of Rs 10 per share. The results were approved by the Board of Directors and reviewed by the Audit Committee. The company operates in manufacturing of plastic moulded parts as a single business segment.

12 Aug 2025

earnings

Bright Brothers Limited Schedules 78th AGM for August 25, 2025, Recommends 25% Dividend

Bright Brothers Limited has announced its 78th Annual General Meeting scheduled for August 25, 2025, at Walchand Hirachand Hall, Mumbai. The company has made its Annual Report for FY 2024-25 available and set August 18, 2025, as the record date for dividend eligibility. The Board has recommended a dividend of 25% (₹2.50 per equity share of ₹10 each) for FY 2024-25, involving a cash outflow of ₹142 lakhs. E-voting will be available from August 22-24, 2025. The AGM agenda includes ordinary business items like adoption of financial statements, dividend declaration, and director re-appointment, as well as special business including cost auditor remuneration ratification, secretarial auditor appointment, remuneration approvals for key management personnel, independent director re-appointment, and commission payment authorization for non-executive directors.

30 Jul 2025

corporate action

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800