Financials Bright Solar Limited

Equities

BRIGHT

INE684Z01010

Construction & Engineering

Market Closed - NSE India S.E. 07:43:48 2024-05-10 EDT 5-day change 1st Jan Change
8.45 INR -1.17% Intraday chart for Bright Solar Limited -5.06% +38.52%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 510 193.8 237.7 115.3 113.2
Enterprise Value (EV) 1 487.3 160.5 213 122.4 108.8
P/E ratio 20.3 x 38 x 135 x -1.56 x 210 x
Yield 0.4% - 0.09% - -
Capitalization / Revenue 0.89 x 0.83 x 0.97 x 1.6 x 0.47 x
EV / Revenue 0.85 x 0.68 x 0.87 x 1.7 x 0.45 x
EV / EBITDA 12.8 x 14.3 x 46.3 x -1.63 x 104 x
EV / FCF -4.12 x -8.76 x 103 x 18.9 x -1.83 x
FCF Yield -24.3% -11.4% 0.97% 5.29% -54.6%
Price to Book 1.34 x 0.52 x 0.62 x 0.37 x 0.37 x
Nbr of stocks (in thousands) 20,400 20,400 20,400 20,400 20,400
Reference price 2 25.00 9.500 11.65 5.650 5.550
Announcement Date 19-09-12 21-08-29 21-08-29 22-10-08 23-09-08
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 395.8 574.1 234.7 245.2 71.87 239.3
EBITDA 1 96.31 38.07 11.22 4.603 -75.16 1.045
EBIT 1 95.95 36.79 9.925 3.578 -76.15 0.125
Operating Margin 24.24% 6.41% 4.23% 1.46% -105.96% 0.05%
Earnings before Tax (EBT) 1 95.51 40.23 10.66 2.852 -73.75 0.642
Net income 1 62.03 23.41 5.158 1.763 -73.74 0.539
Net margin 15.67% 4.08% 2.2% 0.72% -102.61% 0.23%
EPS 2 4.135 1.230 0.2500 0.0864 -3.615 0.0264
Free Cash Flow 1 68.51 -118.2 -18.33 2.059 6.477 -59.46
FCF margin 17.31% -20.59% -7.81% 0.84% 9.01% -24.85%
FCF Conversion (EBITDA) 71.14% - - 44.72% - -
FCF Conversion (Net income) 110.45% - - 116.78% - -
Dividend per Share 2 0.1000 0.1000 - 0.0100 - -
Announcement Date 18-08-25 19-09-12 21-08-29 21-08-29 22-10-08 23-09-08
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 7.1 -
Net Cash position 1 2.69 22.7 33.3 24.7 - 4.4
Leverage (Debt/EBITDA) - - - - -0.0945 x -
Free Cash Flow 1 68.5 -118 -18.3 2.06 6.48 -59.5
ROE (net income / shareholders' equity) 46.7% 8.62% 1.36% 0.46% -21.4% 0.18%
ROA (Net income/ Total Assets) 19.2% 5.71% 1.19% 0.43% -10.4% 0.02%
Assets 1 322.8 409.7 432.8 408.9 707.1 3,045
Book Value Per Share 2 10.90 18.60 18.30 18.70 15.10 15.10
Cash Flow per Share 2 1.120 1.340 1.930 1.460 1.430 1.110
Capex 1 3.24 4.28 39.1 0.06 1.75 0.05
Capex / Sales 0.82% 0.75% 16.65% 0.03% 2.43% 0.02%
Announcement Date 18-08-25 19-09-12 21-08-29 21-08-29 22-10-08 23-09-08
1INR in Million2INR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. BRIGHT Stock
  4. Financials Bright Solar Limited
-40% Limited Time Offer: Our subscriptions help you unlock hidden opportunities.
SIGN UP NOW