Brightcom Group Limited (BCG) - Net Assets

Latest as of September 2024: Rs81.67 Billion INR ≈ $883.25 Million USD

Based on the latest financial reports, Brightcom Group Limited (BCG) has net assets worth Rs81.67 Billion INR (≈ $883.25 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs93.51 Billion ≈ $1.01 Billion USD) and total liabilities (Rs11.84 Billion ≈ $128.01 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Brightcom Group Limited liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Rs81.67 Billion
% of Total Assets 87.34%
Annual Growth Rate 36.46%
5-Year Change 175.45%
10-Year Change 408.83%
Growth Volatility 96.88

Brightcom Group Limited - Net Assets Trend (2006–2024)

This chart illustrates how Brightcom Group Limited's net assets have evolved over time, based on quarterly financial data. Also explore Brightcom Group Limited total assets for the complete picture of this company's asset base.

Annual Net Assets for Brightcom Group Limited (2006–2024)

The table below shows the annual net assets of Brightcom Group Limited from 2006 to 2024. For live valuation and market cap data, see Brightcom Group Limited (BCG) total market value.

Year Net Assets Change
2024-03-31 Rs77.85 Billion
≈ $841.87 Million
+11.19%
2023-03-31 Rs70.01 Billion
≈ $757.12 Million
+32.23%
2022-03-31 Rs52.94 Billion
≈ $572.58 Million
+62.43%
2021-03-31 Rs32.60 Billion
≈ $352.51 Million
+15.34%
2020-03-31 Rs28.26 Billion
≈ $305.63 Million
-5.90%
2019-03-31 Rs30.03 Billion
≈ $324.81 Million
+6.31%
2018-03-31 Rs28.25 Billion
≈ $305.54 Million
+17.30%
2017-03-31 Rs24.09 Billion
≈ $260.47 Million
+18.53%
2016-03-31 Rs20.32 Billion
≈ $219.75 Million
+32.82%
2015-03-31 Rs15.30 Billion
≈ $165.45 Million
+31.98%
2014-03-31 Rs11.59 Billion
≈ $125.36 Million
+11.65%
2013-03-31 Rs10.38 Billion
≈ $112.28 Million
+11.55%
2012-03-31 Rs9.31 Billion
≈ $100.65 Million
+441.15%
2011-03-31 Rs1.72 Billion
≈ $18.60 Million
+39.44%
2010-03-31 Rs1.23 Billion
≈ $13.34 Million
+26.12%
2009-03-31 Rs977.88 Million
≈ $10.58 Million
+44.92%
2008-03-31 Rs674.79 Million
≈ $7.30 Million
+81.09%
2007-03-31 Rs372.63 Million
≈ $4.03 Million
+28.87%
2006-03-31 Rs289.15 Million
≈ $3.13 Million
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Equity Component Analysis

This analysis shows how different components contribute to Brightcom Group Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 5578880500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2024)

Component Amount Percentage
Retained Earnings Rs55.79 Billion 71.67%
Common Stock Rs4.04 Billion 5.19%
Other Components Rs18.02 Billion 23.15%
Total Equity Rs77.85 Billion 100.00%

Brightcom Group Limited Competitors by Market Cap

The table below lists competitors of Brightcom Group Limited ranked by their market capitalization.

Company Market Cap
Metemtur Yatırım Enerji Turizm ve İnşaat A.Ş.
IS:METUR
$222.26 Million
Paiho Shih Holdings Corp
TW:8404
$222.27 Million
Acsion Ltd
JSE:ACS
$222.29 Million
TTFB Co Ltd
TWO:2729
$222.30 Million
Sonix Technology Co Ltd
TW:5471
$222.14 Million
Prim S.A.
MC:PRM
$222.08 Million
Talbros Automotive Components Limited
NSE:TALBROAUTO
$222.07 Million
Sino AG
F:XTP
$222.06 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Brightcom Group Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 70,009,141,000 to 77,845,774,000, a change of 7,836,633,000 (11.2%).
  • Net income of 6,875,248,000 contributed positively to equity growth.
  • Dividend payments of 661,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 9,805,107,000.
  • Other factors increased equity by 10,767,153,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rs6.88 Billion +8.83%
Dividends Paid Rs661.00K -0.0%
Other Comprehensive Income Rs-9.81 Billion -12.6%
Other Changes Rs10.77 Billion +13.83%
Total Change Rs- 11.19%

Book Value vs Market Value Analysis

This analysis compares Brightcom Group Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.26x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.87x to 0.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 Rs5.43 Rs10.18 x
2007-03-31 Rs7.04 Rs10.18 x
2008-03-31 Rs12.74 Rs10.18 x
2009-03-31 Rs18.46 Rs10.18 x
2010-03-31 Rs23.29 Rs10.18 x
2011-03-31 Rs32.47 Rs10.18 x
2012-03-31 Rs9.38 Rs10.18 x
2013-03-31 Rs10.46 Rs10.18 x
2014-03-31 Rs11.68 Rs10.18 x
2015-03-31 Rs15.42 Rs10.18 x
2016-03-31 Rs20.48 Rs10.18 x
2017-03-31 Rs24.28 Rs10.18 x
2018-03-31 Rs28.47 Rs10.18 x
2019-03-31 Rs30.27 Rs10.18 x
2020-03-31 Rs28.49 Rs10.18 x
2021-03-31 Rs30.82 Rs10.18 x
2022-03-31 Rs26.24 Rs10.18 x
2023-03-31 Rs34.67 Rs10.18 x
2024-03-31 Rs38.61 Rs10.18 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Brightcom Group Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 8.83%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.75%
  • • Asset Turnover: 0.53x
  • • Equity Multiplier: 1.13x
  • Recent ROE (8.83%) is below the historical average (19.63%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 6.41% 5.18% 0.94x 1.32x Rs-10.32 Million
2007 22.83% 10.89% 0.73x 2.88x Rs47.80 Million
2008 50.84% 12.37% 1.40x 2.94x Rs275.59 Million
2009 27.60% 9.16% 1.07x 2.82x Rs172.08 Million
2010 26.50% 8.50% 1.13x 2.76x Rs203.51 Million
2011 29.18% 10.74% 1.00x 2.71x Rs329.86 Million
2012 20.61% 15.43% 0.73x 1.83x Rs987.31 Million
2013 4.91% 3.19% 1.00x 1.55x Rs-528.26 Million
2014 19.06% 13.20% 0.93x 1.56x Rs1.05 Billion
2015 22.37% 17.49% 0.94x 1.36x Rs1.89 Billion
2016 19.66% 17.71% 0.92x 1.20x Rs1.96 Billion
2017 17.82% 17.51% 0.86x 1.18x Rs1.88 Billion
2018 14.41% 16.81% 0.74x 1.15x Rs1.24 Billion
2019 14.78% 17.21% 0.74x 1.15x Rs1.44 Billion
2020 15.57% 16.35% 0.82x 1.16x Rs1.57 Billion
2021 14.82% 16.91% 0.77x 1.13x Rs1.57 Billion
2022 17.23% 18.17% 0.84x 1.12x Rs3.83 Billion
2023 19.58% 18.54% 0.94x 1.13x Rs6.71 Billion
2024 8.83% 14.75% 0.53x 1.13x Rs-909.33 Million

Industry Comparison

This section compares Brightcom Group Limited's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

  • Industry: Advertising Agencies
  • Average net assets among peers: $1,722,769,750
  • Average return on equity (ROE) among peers: 19.35%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Brightcom Group Limited (BCG) Rs81.67 Billion 6.41% 0.14x $222.22 Million
Affle (India) Limited (AFFLE) $2.29 Billion 28.59% 0.75x $2.16 Billion
R K Swamy Limited (RKSWAMY) $2.41 Billion 16.46% 0.64x $45.93 Million
Signpost India Limited (SIGNPOST) $1.92 Billion 22.92% 1.47x $147.55 Million
Touchwood Entertainment Limited (TOUCHWOOD) $261.56 Million 9.43% 0.30x $8.79 Million

About Brightcom Group Limited

NSE:BCG India Advertising Agencies
Market Cap
$222.22 Million
Rs20.55 Billion INR
Market Cap Rank
#16132 Global
#804 in India
Share Price
Rs10.18
Change (1 day)
-0.68%
52-Week Range
Rs10.18 - Rs10.25
All Time High
Rs116.06
About

Brightcom Group Limited, together with its subsidiaries, provides digital marketing solutions to businesses, agencies, and online publishers worldwide. It operates through Digital Marketing (& Related) Services; and Software Development Services segments. The company connects advertisers with their audience across various forms of digital media to deliver messages to the right audience through di… Read more