Brightcom Group Limited (BCG)

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Brightcom Group Limited (BCG) · mywealthgrid

About

Brightcom Group operates in IT Enabled Services. Recent results show consolidated operations of ₹1,600–2,200 Cr quarterly revenue with operating margins of 23–26%, offset by standalone operations at ₹100–110 Cr with near-zero to negative margins. Market capitalisation ₹2,003.77 Cr, debt-free.

Face value: ₹2

Market cap

₹1,921 Cr

P/E

1.9×

P/B

0.2×

Dividend yield

ROE

10%

ROCE

14.8%

Debt / equity

OPM

25.3%

EPS (TTM)

₹5.0

Book value

₹52.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Standalone revenue of ₹104–112 Cr with negative or near-zero margins (OPM -0.25% to 0.47%) — verify whether this reflects structural business model weakness or temporary cyclicality
Stock declined 35% year-on-year to ₹9.93 — verify quality of recent consolidated earnings and sustainability of quarterly profitability
PE of 2.08 on ROE of 9.99% appears compressed — market may be pricing in earnings risk; verify contract renewal rates and customer concentration
Standalone operations consistently offset consolidated strength with minimal or negative contributions — verify strategic purpose and path to profitability

Generated analysis · source review pending

Growth drivers

Consolidated net profit stable at ₹200–310 Cr per quarter — verify capital allocation to reinvestment, M&A, or shareholder returns
Consolidated operating margins of 25%+ provide scope to scale revenue without margin compression — verify market opportunity and competitive positioning in IT Enabled Services
Recovery of standalone operations from near-zero to consolidated-level margins (23–26%) would materially expand group profitability

Generated analysis · source review pending

2,288 historical price candles were omitted because the exchange source has not been verified.

₹9.5+2.6%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 25.3%
+Revenue CAGR of 19.4% over the last 5 years
+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 71607×

Cons

−Low return on equity of 9.3% (3-yr avg)
−Low promoter holding of 18.4%

Research score

Structured signal from quality, growth, valuation and momentum.

69/100

Business quality: 64
Growth: 42
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,692	2,856	5,020	7,397	4,662	5,147	6,928
COGS	1,511	1,607	2,914	4,345	2,725	3,170	4,286
Gross profit	1,181	1,249	2,105	3,052	1,937	1,977	2,642
	367	384	599	879	698	655	890
	814	865	1,507	2,173	1,239	1,322	1,752
OPM %	30.3%	30.3%	30%	29.4%	26.6%	25.7%	25.3%
Depreciation	180	226	246	266	285	307	320
Interest	6	0	0	0	0	0	0
	-11	21	-2	-6	0	-0	-0
Profit before tax	617	660	1,258	1,900	954	1,015	1,432
Tax	177	177	346	529	267	305	470
Tax %	28.7%	26.8%	27.5%	27.9%	28%	30%	32.8%
	440	483	912	1,371	688	710	962
PAT margin %	16.4%	16.9%	18.2%	18.5%	14.8%	13.8%	13.9%
EPS (₹)	9.2	9.5	4.5	6.8	3.4	3.5	4.8
EPS adjusted (₹)	—	4.6	4.5	6.8	3.4	3.5	4.8
	0.5%	0.5%	6.6%	0%	0%	0%	—
Annual report	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	102	404	404	404	404	404
Reserves	3,158	4,891	6,597	7,381	8,286	10,167
Minority interest	—	—	—	0	—	0
	0	0	0	0	0	0
	431	646	895	980	1,111	1,418
Total equity & liabilities	3,691	5,940	7,896	8,764	9,800	11,989
	719	850	856	850	974	1,155
CWIP	175	82	137	198	182	285
Investments	356	536	567	572	583	627
	2,441	4,473	6,337	7,144	8,061	9,923
Total assets	3,691	5,940	7,896	8,764	9,800	11,989

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Digital Market segment	6,502.7	1,432.05	11,639.82	1,272.68	10,367.14	13.81
Software development segment	425.36	0.08

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	43.9%	43.7%	41.9%	41.3%	41.5%	38.4%	38.1%
EBITDA margin %	30.3%	30.3%	30%	29.4%	26.6%	25.7%	25.3%
EBIT margin %	23.6%	22.4%	25.1%	25.8%	20.5%	19.7%	20.7%
PAT margin %	16.4%	16.9%	18.2%	18.5%	14.8%	13.8%	13.9%
Working capital
Receivable days	—	143	137	148	287	278	273
Inventory days	—	0	0	0	0	0	0
Payable days	—	26	22	22	41	41	46
NWC days	—	117	114	125	246	237	227
Leverage
Current ratio	—	5.12	6.69	6.87	7	7	6.71
Debt to EBITDA	—	0	0	0	0	0	0
Debt to equity	—	0	0	0	0	0	0
Interest coverage	103	6,001.1	4,059.4	4,635.4	3,182.1	50,735.5	71,607
Asset turnover	—	0.77	0.84	0.94	0.53	0.53	0.58
Return ratios
Return on assets %	—	13.1%	15.4%	17.4%	7.8%	7.2%	8%
Return on capital employed %	—	20.2%	29.3%	30.8%	12.9%	12.3%	14.8%
Return on equity %	—	14.8%	17.2%	19.6%	8.8%	8.2%	9.1%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%	18.38%
	9.53%	10.53%	10.7%	9.39%	9%	8%	8%	8%	1.59%	1.67%	1.31%	1.12%
DII	0.11%	0.18%	0.15%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	71.98%	70.91%	70.77%	72.23%	72.62%	73.62%	73.62%	73.62%	80.03%	79.95%	80.31%	80.5%
No. of shareholders	—	—	—	—	—	—	—	—	6,01,550	5,80,698	5,67,604	5,55,405

Promoter holding up 0 percentage points since Sep 2023.

51 deals · 19 Sept 2022 – 21 Jul 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
21 Jul 2025	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	NSE	Buy	2,24,50,150	₹16.06	₹36.05 Cr
21 Jul 2025	NEO APEX VENTURE LLP	Bulk	NSE	Buy	1,65,40,394	₹16.00	₹26.46 Cr
21 Jul 2025	MANSI SHARE AND STOCK BROKING PRIVATE LIMITED	Bulk	NSE	Sell	1,54,08,221	₹16.00	₹24.65 Cr
21 Jul 2025	NEO APEX VENTURE LLP	Bulk	BSE	Sell	1,07,26,485	₹15.91	₹17.07 Cr
21 Jul 2025	NEO APEX VENTURE LLP	Bulk	BSE	Buy	1,07,26,485	₹15.87	₹17.02 Cr
21 Jul 2025	DEVI TRADERS LLP	Bulk	NSE	Sell	1,07,08,782	₹16.00	₹17.13 Cr
21 Jul 2025	DEVI TRADERS LLP	Bulk	NSE	Buy	1,07,08,782	₹16.00	₹17.13 Cr
21 Jul 2025	NEO APEX VENTURE LLP	Bulk	NSE	Sell	1,06,72,979	₹16.01	₹17.09 Cr
31 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	1,25,34,252	₹20.14	₹25.24 Cr
31 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	1,25,34,252	₹20.15	₹25.26 Cr

1–10 of 51

1 / 6

Mr. M Suresh Kumar ReddyExecutive Director-Chairperson related to Promoter-CEO-MD
Mr. Raghunath AllamsettyExecutive Director
Mr. P LEO GanesanNon-Executive - Independent Director
Mr. Paladugu Venkata SubbaraoNon-Executive - Independent Director
Ms. Deepika DaliyaNon-Executive - Independent Director
Mr. Ali Akber Bakir Bhoy MamuwalaNon-Executive - Independent Director
Mr. Shrikant GehlotNon-Executive - Independent Director
Mr. Ravindra KnodamuriChief Financial Officer
Ms. Shweta SinghCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Brightcom Group Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

9

Final dividend22 Sept 2022 · ex-date₹0.3
Final dividend23 Dec 2021 · ex-date₹0.05
Final dividend18 Dec 2020 · ex-date₹0.05
Dividend dividend19 Dec 2016 · ex-date₹0.1
Dividend dividend20 Dec 2012 · ex-date₹0.2
Dividend dividend22 Sept 2011 · ex-date₹1
Dividend dividend16 Dec 2010 · ex-date₹1
Dividend dividend22 Dec 2009 · ex-date₹0.25
Dividend dividend23 Sept 2008 · ex-date₹1

1

Board meeting to consider results14 Aug 2026

2

Bonus 2:315 Mar 2022 · ex-date
Bonus 1:418 Aug 2021 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

1 Oct 2026, 7:51 pmCompany Update

Intimation Of AGM Extension Approval By ROC

General PDF

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Ratio	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	43.9%	43.7%	41.9%	41.3%	41.5%	38.4%	38.1%
EBITDA margin %	30.3%	30.3%	30%	29.4%	26.6%	25.7%	25.3%
EBIT margin %	23.6%	22.4%	25.1%	25.8%	20.5%	19.7%	20.7%
PAT margin %	16.4%	16.9%	18.2%	18.5%	14.8%	13.8%	13.9%
Working capital
Receivable days	—	143	137	148	287	278	273
Inventory days	—	0	0	0	0	0	0
Payable days	—	26	22	22	41	41	46
NWC days	—	117	114	125	246	237	227
Leverage
Current ratio	—	5.12	6.69	6.87	7	7	6.71
Debt to EBITDA	—	0	0	0	0	0	0
Debt to equity	—	0	0	0	0	0	0
Interest coverage	103	6,001.1	4,059.4	4,635.4	3,182.1	50,735.5	71,607
Asset turnover	—	0.77	0.84	0.94	0.53	0.53	0.58
Return ratios
Return on assets %	—	13.1%	15.4%	17.4%	7.8%	7.2%	8%
Return on capital employed %	—	20.2%	29.3%	30.8%	12.9%	12.3%	14.8%
Return on equity %	—	14.8%	17.2%	19.6%	8.8%	8.2%	9.1%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
L&T Technology Services LimitedLTTSLTTS	₹34,671 Cr	₹34,671 Cr	₹11,701 Cr	₹2,074 Cr	17.6%	₹1,320 Cr	11.7%	24.9%	20.4%	29
Inventurus Knowledge Solutions LimitedIKSIKS	₹30,483 Cr	₹31,124 Cr	₹3,347 Cr	₹1,149 Cr	34.2%	₹764 Cr	22.6%	33.8%	31.4%	39
Tata Technologies LimitedTATATECHTATATECH	₹28,378 Cr	₹29,044 Cr	₹5,926 Cr	₹920 Cr	15.5%	₹557 Cr	9.9%	19.3%	14.6%	33
Netweb Technologies India LimitedNETWEBNETWEB	₹25,721 Cr	—	₹724 Cr	₹103 Cr	14.2%	₹76 Cr	10.5%	—	—	—
Affle 3i LimitedAFFLEAFFLE	₹20,410 Cr	₹20,422 Cr	₹2,836 Cr	₹638 Cr	22.5%	₹478 Cr	16.8%	16.9%	13.8%	-51
Sagility LimitedSAGILITYSAGILITY	₹20,209 Cr	₹21,320 Cr	₹7,617 Cr	₹1,849 Cr	24.5%	₹993 Cr	12.9%	13.3%	10.3%	78
Esds Software Solution LimitedESDSESDS	₹16,809 Cr	—	₹208 Cr	₹47 Cr	22.9%	₹-22 Cr	-10.8%	0.8%	-10.9%	—
Black Box LimitedBBOXBBOX	₹14,134 Cr	₹14,961 Cr	₹6,654 Cr	₹614 Cr	9%	₹226 Cr	3.4%	21.7%	21.3%	-10
E2e Networks LimitedE2EE2E	₹13,323 Cr	₹13,482 Cr	₹366 Cr	₹234 Cr	51.4%	₹31 Cr	-6.3%	-0.5%	-1%	-45
Cyient LimitedCYIENTCYIENT	₹12,272 Cr	₹12,438 Cr	₹7,632 Cr	₹944 Cr	12.5%	₹378 Cr	6.4%	12.4%	7.8%	119
Amagi Media Labs LimitedAMAGIAMAGI	₹11,984 Cr	₹11,984 Cr	₹1,506 Cr	₹50 Cr	3.4%	₹72 Cr	4.8%	5.2%	4.1%	40
Emudhra LimitedEMUDHRAEMUDHRA	₹4,802 Cr	₹4,826 Cr	₹745 Cr	₹174 Cr	22.7%	₹115 Cr	15.7%	14.9%	13%	36

Date	Category	Subject	Filing
1 Oct 2026, 7:51 pm	Company Update General	Intimation Of AGM Extension Approval By ROC	PDF
29 Sept 2026, 10:09 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
28 Sept 2026, 1:17 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
28 Sept 2026, 1:14 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
12 Sept 2026, 10:36 am	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
7 Sept 2026, 8:31 am	Company Update General	General Update	PDF
4 Sept 2026, 7:22 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of Boardmeeting	PDF
4 Sept 2026, 12:19 pm	Company Update General	Conference Call Clarification Regarding	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	443	-1	703	133	178	103
	-431	-217	-266	-410	-379	-576
	-5	836	230	0	-4	736
Net cash flow	8	618	667	-277	-205	262
Free cash flow	439	-27	692	123	178	103
CFO / Operating profit %	51.2%	-0.1%	32.3%	10.8%	13.5%	5.9%

Brightcom Group Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

9

1

2

Announcements

9

1

2

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Digital Market segment · revenue

Brightcom Group Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends9

Board meetings1

Bonus issues2

Announcements

Dividends9

Board meetings1

Bonus issues2

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Digital Market segment · revenue

9

1

2

9

1

2