BRIGHT Stock Overview
Manufactures and sells solar pump and solar pumping systems in India. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 3/6 |
| Dividends | 0/6 |
My Notes
Capture your thoughts, links and company narrative
Bright Solar Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹4.30 |
| 52 Week High | ₹12.50 |
| 52 Week Low | ₹3.90 |
| Beta | 1.68 |
| 1 Month Change | -7.53% |
| 3 Month Change | -37.68% |
| 1 Year Change | -31.20% |
| 3 Year Change | -53.01% |
| 5 Year Change | -72.26% |
| Change since IPO | -88.36% |
Recent News & Updates
Recent updates
Calculating The Intrinsic Value Of Bright Solar Limited (NSE:BRIGHT)
Jun 21
Would Bright Solar Limited (NSE:BRIGHT) Be Valuable To Income Investors?
Mar 16Have Insiders Sold Bright Solar Limited (NSE:BRIGHT) Shares Recently?
Jan 22
This Insider Has Just Sold Shares In Bright Solar Limited (NSE:BRIGHT)
Jan 07Shareholder Returns
| BRIGHT | IN Construction | IN Market | |
|---|---|---|---|
| 7D | 0% | -5.5% | -4.2% |
| 1Y | -31.2% | 28.8% | 19.4% |
Return vs Industry: BRIGHT underperformed the Indian Construction industry which returned 28.8% over the past year.
Return vs Market: BRIGHT underperformed the Indian Market which returned 19.4% over the past year.
Price Volatility
| BRIGHT volatility | |
|---|---|
| BRIGHT Average Weekly Movement | n/a |
| Construction Industry Average Movement | 6.8% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in IN Market | 9.1% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: BRIGHT's share price has been volatile over the past 3 months compared to the Indian market.
Volatility Over Time: Insufficient data to determine BRIGHT's volatility change over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2010 | 8 | Piyushkumar Thumar | www.brightsolarltd.com |
Bright Solar Limited manufactures and sells solar pump and solar pumping systems in India. The company operates through Solar Water Pumping & Other System Sales; Infrastructure Projects; Sale of Services – Installation of Systems and Consulting of Project Tendering; FMCG Business; and Drone Services Business segments. The company is involved in assembling DC/AC solar pumps and solar pump systems under the PUMPMAN, BRIGHT SOLAR, and BRIGHT SOLAR WATER PUMP brand names.
Bright Solar Limited Fundamentals Summary
| BRIGHT fundamental statistics | |
|---|---|
| Market cap | ₹107.50m |
| Earnings (TTM) | -₹59.98m |
| Revenue (TTM) | ₹95.41m |
1.1x
P/S Ratio-1.8x
P/E RatioIs BRIGHT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| BRIGHT income statement (TTM) | |
|---|---|
| Revenue | ₹95.41m |
| Cost of Revenue | ₹121.92m |
| Gross Profit | -₹26.51m |
| Other Expenses | ₹33.47m |
| Earnings | -₹59.98m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | -2.40 |
| Gross Margin | -27.78% |
| Net Profit Margin | -62.86% |
| Debt/Equity Ratio | 2.1% |
How did BRIGHT perform over the long term?
See historical performance and comparisonCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 22:35 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Bright Solar Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|