BSE:532368

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Brightcom Group

Executive Summary

Brightcom Group Limited provides digital marketing services to businesses, agencies, and online publishers worldwide. More Details


Snowflake Analysis

Flawless balance sheet with proven track record.

Share Price & News

How has Brightcom Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532368 is more volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 532368's weekly volatility (8%) has been stable over the past year, but is still higher than 75% of Indian stocks.


Market Performance


7 Day Return

-7.6%

532368

1.8%

IN Interactive Media and Services

0.3%

IN Market


1 Year Return

11.4%

532368

53.4%

IN Interactive Media and Services

7.0%

IN Market

Return vs Industry: 532368 underperformed the Indian Interactive Media and Services industry which returned 53.4% over the past year.

Return vs Market: 532368 exceeded the Indian Market which returned 7% over the past year.


Shareholder returns

532368IndustryMarket
7 Day-7.6%1.8%0.3%
30 Day-10.2%13.0%9.0%
90 Day-48.0%24.4%8.8%
1 Year11.4%11.4%53.6%53.4%8.9%7.0%
3 Year-12.2%-12.2%166.0%164.1%5.1%0.009%
5 Year-84.4%-84.5%219.1%210.5%51.8%40.4%

Long-Term Price Volatility Vs. Market

How volatile is Brightcom Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Brightcom Group undervalued compared to its fair value and its price relative to the market?

0.51x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 532368 (₹4.77) is trading above our estimate of fair value (₹0.46)

Significantly Below Fair Value: 532368 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 532368 is good value based on its PE Ratio (0.5x) compared to the IN Interactive Media and Services industry average (14.7x).

PE vs Market: 532368 is good value based on its PE Ratio (0.5x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532368's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532368 is good value based on its PB Ratio (0.1x) compared to the IN Interactive Media and Services industry average (2.7x).


Next Steps

Future Growth

How is Brightcom Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.6%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Brightcom Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Brightcom Group performed over the past 5 years?

3.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532368 has high quality earnings.

Growing Profit Margin: 532368's current net profit margins (16.5%) are lower than last year (16.6%).


Past Earnings Growth Analysis

Earnings Trend: 532368's earnings have grown by 3% per year over the past 5 years.

Accelerating Growth: 532368's earnings growth over the past year (4.9%) exceeds its 5-year average (3% per year).

Earnings vs Industry: 532368 earnings growth over the past year (4.9%) exceeded the Interactive Media and Services industry -10.2%.


Return on Equity

High ROE: 532368's Return on Equity (15.2%) is considered low.


Next Steps

Financial Health

How is Brightcom Group's financial position?


Financial Position Analysis

Short Term Liabilities: 532368's short term assets (₹20.1B) exceed its short term liabilities (₹4.2B).

Long Term Liabilities: 532368's short term assets (₹20.1B) exceed its long term liabilities (₹128.7M).


Debt to Equity History and Analysis

Debt Level: 532368's debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: 532368's debt to equity ratio has reduced from 4% to 1.2% over the past 5 years.

Debt Coverage: 532368's debt is well covered by operating cash flow (481.3%).

Interest Coverage: 532368's interest payments on its debt are well covered by EBIT (118.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Brightcom Group current dividend yield, its reliability and sustainability?

1.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532368's dividend (1.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.54%).

High Dividend: 532368's dividend (1.05%) is low compared to the top 25% of dividend payers in the Indian market (2.19%).


Stability and Growth of Payments

Stable Dividend: 532368 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 532368 has only been paying a dividend for 8 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (0.5%), 532368's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Muthukuru Suresh Reddy (54 yo)

8.42yrs

Tenure

Mr. Muthukuru Suresh Kumar Reddy co-founded Brightcom Group Limited (formerly known as Lycos Internet Limited) (formerly Ybrant Digital Limited) in 1999 and has been its Chairman and Chief Executive Office...


Leadership Team

NamePositionTenureCompensationOwnership
Muthukuru Suresh Reddy
Founder8.42yrsno data14.83%
₹ 370.4m
Vijay Kancharla
Founder8.42yrsno data12.97%
₹ 324.1m
Bradley Cohen
President & Chief Strategy Officerno datano datano data
Yepuri Rao
Chief Financial Officer5.83yrs₹2.00mno data
Yaniv Atia
Chief Technology Officer and General Manager of Fusion Divisionno datano datano data
K. Rajesh
Investor Relationship Officerno datano datano data
Manohar Mallama
Company Secretary & Compliance Officer1.25yrsno datano data
Yerradoddi Reddy
Group CFO & Executive Director of Finance4.5yrs₹2.54mno data
Pisipati S. Prasad
President of Corporate Strategyno datano datano data
Krishna Sudunugunta
General Manager of Indian Operationsno data₹640.00kno data
Asma Khan
Investor Relations Managerno datano datano data

5.2yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 532368's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Muthukuru Suresh Reddy
Founder8.42yrsno data14.83%
₹ 370.4m
Vijay Kancharla
Founder8.42yrsno data12.97%
₹ 324.1m
Raghunath Allamsetty
Non-Executive Independent Director3.92yrs₹100.00kno data
Peshwa Acharya
Independent Director0.17yrno datano data
Jayalakshmi Kumari Kanukollu
Independent Director4.5yrs₹100.00kno data
Surabhi Sinha
Non-Executive Independent Director2.75yrs₹60.00kno data

3.9yrs

Average Tenure

53yo

Average Age

Experienced Board: 532368's board of directors are considered experienced (3.9 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 532368 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

Brightcom Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Brightcom Group Limited
  • Ticker: 532368
  • Exchange: BSE
  • Founded: 1999
  • Industry: Interactive Media and Services
  • Sector: Media
  • Market Cap: ₹2.498b
  • Shares outstanding: 507.65m
  • Website: https://brightcomgroup.com

Location

  • Brightcom Group Limited
  • Fairfield by Marriott
  • 5th Floor
  • Hyderabad
  • Andhra Pradesh
  • 500032
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532368BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2012
BCGNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2012

Biography

Brightcom Group Limited provides digital marketing services to businesses, agencies, and online publishers worldwide. It operates through Digital Marketing and Software Development segments. The company co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 12:22
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.