Bright Brothers Reports FY26 Audited Results; Recommends Final Dividend of Rs. 2 Per Share

6 min read     Updated on 12 May 2026, 07:08 PM
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Bright Brothers Limited reported FY26 audited results with standalone revenue from operations rising to Rs. 35,017.94 lakhs and consolidated revenue reaching Rs. 37,504.04 lakhs, though net profits declined on both bases. The Board recommended a final dividend of Rs. 2 per equity share and approved reappointments of key directors and a cost auditor, with statutory auditors GMJ & Co. issuing an unmodified opinion.

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The Board of Directors of Bright Brothers Limited convened a meeting on May 12, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, GMJ & Co., Chartered Accountants (FRN: 103429W), issued an unmodified opinion on both the standalone and consolidated financial statements. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

Bright Brothers recorded steady top-line growth on a standalone basis in FY26, with revenue from operations increasing to Rs. 35,017.94 lakhs from Rs. 32,837.83 lakhs in FY25. Total income for the year reached Rs. 35,299.31 lakhs compared to Rs. 33,021.14 lakhs in the prior year. However, net profit for the full year declined to Rs. 774.15 lakhs from Rs. 863.18 lakhs in FY25, reflecting higher operating costs. Total comprehensive income for FY26 stood at Rs. 790.90 lakhs versus Rs. 861.22 lakhs in FY25.

The following table summarises the key standalone financial metrics:

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: Rs. 35,017.94 lakhs Rs. 32,837.83 lakhs
Other Income: Rs. 281.37 lakhs Rs. 183.31 lakhs
Total Income: Rs. 35,299.31 lakhs Rs. 33,021.14 lakhs
Total Expenses: Rs. 34,413.45 lakhs Rs. 31,916.45 lakhs
Profit Before Tax: Rs. 885.86 lakhs Rs. 1,104.69 lakhs
Net Profit: Rs. 774.15 lakhs Rs. 863.18 lakhs
Total Comprehensive Income: Rs. 790.90 lakhs Rs. 861.22 lakhs
Basic EPS (Rs.): 13.63 15.20
Diluted EPS (Rs.): 13.63 15.20

For the quarter ended March 31, 2026, standalone revenue from operations was Rs. 8,558.40 lakhs and net profit was Rs. 209.93 lakhs, compared to Rs. 7,997.40 lakhs and Rs. 154.44 lakhs respectively in the corresponding quarter of the previous year.

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries Bright Brothers LLC and Sintex Logistics LLC (step-down subsidiary), revenue from operations grew to Rs. 37,504.04 lakhs in FY26 from Rs. 33,586.27 lakhs in FY25. Total consolidated income for the year was Rs. 37,840.44 lakhs against Rs. 33,758.69 lakhs in the prior year. Consolidated net profit for FY26 stood at Rs. 591.80 lakhs compared to Rs. 849.33 lakhs in FY25, with total comprehensive income at Rs. 598.38 lakhs versus Rs. 844.66 lakhs in the previous year.

Metric: FY26 (Audited) FY25 (Audited)
Revenue from Operations: Rs. 37,504.04 lakhs Rs. 33,586.27 lakhs
Other Income: Rs. 336.40 lakhs Rs. 172.42 lakhs
Total Income: Rs. 37,840.44 lakhs Rs. 33,758.69 lakhs
Total Expenses: Rs. 37,136.93 lakhs Rs. 32,667.85 lakhs
Profit Before Tax: Rs. 703.51 lakhs Rs. 1,090.84 lakhs
Net Profit: Rs. 591.80 lakhs Rs. 849.33 lakhs
Total Comprehensive Income: Rs. 598.38 lakhs Rs. 844.66 lakhs
Basic EPS (Rs.): 10.42 14.95
Diluted EPS (Rs.): 10.42 14.95

For the quarter ended March 31, 2026, consolidated revenue from operations was Rs. 9,160.02 lakhs and net profit was Rs. 212.10 lakhs, compared to Rs. 8,549.02 lakhs and Rs. 183.86 lakhs respectively in the corresponding quarter of the prior year.

Balance Sheet Highlights

As at March 31, 2026, standalone total assets stood at Rs. 24,848.51 lakhs compared to Rs. 22,538.44 lakhs as at March 31, 2025. Total standalone equity increased to Rs. 8,422.63 lakhs from Rs. 7,773.76 lakhs. On a consolidated basis, total assets were Rs. 25,493.03 lakhs versus Rs. 23,109.66 lakhs in the prior year, with total equity at Rs. 8,091.67 lakhs compared to Rs. 7,635.29 lakhs. The paid-up equity share capital remained unchanged at Rs. 568.02 lakhs, with a face value of Rs. 10 per share.

Cash Flow Summary

On a standalone basis, net cash flow from operating activities for the year was Rs. 1,505.39 lakhs compared to Rs. 893.71 lakhs in the prior year. Net cash used in investing activities was Rs. 1,390.72 lakhs, while net cash used in financing activities was Rs. 160.28 lakhs, resulting in a net decrease in cash and cash equivalents of Rs. 45.62 lakhs. Standalone cash and cash equivalents closed at Rs. 739.28 lakhs versus Rs. 784.90 lakhs at the start of the year.

On a consolidated basis, net cash flow from operating activities was Rs. 1,203.20 lakhs, while net cash used in investing activities was Rs. 1,428.18 lakhs. Net cash from financing activities was Rs. 63.53 lakhs, leading to a net decrease in cash and cash equivalents of Rs. 161.45 lakhs. Consolidated cash and cash equivalents stood at Rs. 888.17 lakhs at year-end, compared to Rs. 1,059.79 lakhs at the beginning of the year.

Cash Flow Metric: Standalone FY26 Standalone FY25 Consolidated FY26 Consolidated FY25
Net Cash from Operating Activities: Rs. 1,505.39 lakhs Rs. 893.71 lakhs Rs. 1,203.20 lakhs Rs. 1,119.04 lakhs
Net Cash from Investing Activities: Rs. (1,390.72) lakhs Rs. (1,121.22) lakhs Rs. (1,428.18) lakhs Rs. (922.00) lakhs
Net Cash from Financing Activities: Rs. (160.28) lakhs Rs. (63.04) lakhs Rs. 63.53 lakhs Rs. (210.59) lakhs
Closing Cash & Equivalents: Rs. 739.28 lakhs Rs. 784.90 lakhs Rs. 888.17 lakhs Rs. 1,059.79 lakhs

Dividend and Corporate Actions

The Board recommended a final dividend of Rs. 2 per equity share of face value Rs. 10 each, representing 20%, for the financial year ended March 31, 2026, subject to approval by shareholders at the ensuing Annual General Meeting. In addition to the financial results, the Board approved several key corporate actions:

  • Reappointment of Mr. Kuchimanchi Viswanath as Independent Director for a second term of 5 years, from May 27, 2027 to May 26, 2032 (both days inclusive), subject to member approval. Mr. Viswanath is a Fellow Member of the Institute of Chartered Accountants of India since 1983, a Certified Internal Auditor, and holds a Certificate in Information Systems Auditing. He has been co-opted as a Member of the Internal Audit Standards Board of the ICAI for the Council Year 2026-27.
  • Reappointment of Mr. Karan Bhojwani as Whole-time Director for a period of 5 years from April 1, 2027 to March 31, 2032 (both days inclusive), subject to member approval. Mr. Karan Bhojwani is the son of Mr. Suresh Bhojwani, Chairman and Managing Director, and Mrs. Devika Bhojwani, Whole-time Director of the Company, and has been associated with the Company since 2003.
  • Appointment of M/s. Joshi Apte and Associates (Firm Registration No.: 000240) as Cost Auditor for a period of 1 year, subject to member approval at the ensuing Annual General Meeting.

Business Segment and Auditor's Note

Bright Brothers operates in a single business segment — manufacturing of plastic moulded parts — as per Indian Accounting Standard (Ind AS-108) on Operating Segments. The company's factories are located across Pondicherry, Faridabad, Bhimtal, Dehradun, Pune, Haridwar, and Hosur. The Board meeting commenced at 1 P.M. and concluded at 2:15 P.M. on May 12, 2026. The statutory auditors noted that figures for the quarter ended March 31, 2026 and March 31, 2025 are balancing figures between the audited full-year figures and the published unaudited year-to-date figures up to the third quarter of the respective financial years.

Historical Stock Returns for Bright Brothers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%-5.41%+8.12%-19.02%-29.26%+191.43%

What specific cost optimization strategies is Bright Brothers planning to implement in FY27 to reverse the margin compression seen despite strong revenue growth in FY26?

How might the consolidation of Bright Brothers LLC and Sintex Logistics LLC impact future profitability, given that subsidiaries appear to be dragging consolidated margins below standalone levels?

With significant capital deployed in investing activities (Rs. 1,390+ lakhs), what capacity expansion or automation projects are underway across Bright Brothers' seven manufacturing facilities that could drive earnings growth?

Bright Brothers Limited Publishes Notice for IEPFA's Second 100 Days Saksham Niveshak Campaign

1 min read     Updated on 26 Apr 2026, 10:08 AM
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Bright Brothers Limited published a newspaper advertisement on 23 April 2026 for IEPFA's Second 100 days Saksham Niveshak Campaign, aimed at reaching shareholders with unclaimed dividends and emphasizing KYC updates. The company notified BSE Limited through official communication signed by Company Secretary Sonali Pednekar, demonstrating regulatory compliance and shareholder transparency.

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Bright Brothers Limited has published a newspaper advertisement on 23 April 2026 regarding the Second 100 days Saksham Niveshak Campaign initiated by the Investor Education and Protection Fund Authority (IEPFA). The company formally notified BSE Limited about this publication through an official communication.

Campaign Details

The Second 100 days Saksham Niveshak Campaign has been launched by IEPFA and the Ministry of Corporate Affairs (MCA) following their communication dated 27 March 2026. The primary objective of this campaign is to reach out to shareholders whose dividends remain unpaid or unclaimed, with particular emphasis on KYC updation and related compliance measures.

Company Communication

Bright Brothers Limited sent an official letter to BSE Limited on 23 April 2026, referencing Scrip Code 526731. The communication was signed by Sonali Pednekar, Company Secretary and Compliance Officer, and included the company seal.

Parameter Details
Communication Date 23 April 2026
Recipient BSE Limited
Subject Newspaper publication - Second 100 days Saksham Niveshak Campaign
Signatory Sonali Pednekar, Company Secretary & Compliance Officer
Scrip Code 526731

Company Information

Bright Brothers Limited operates as part of the Brite Group Company with multiple manufacturing facilities across India. The company maintains its registered office at Office No. 91, 9th Floor, Jolly Maker Chambers No. 2, 225, Nariman Point, Mumbai - 400 021.

Manufacturing Presence

The company operates factories in several locations including Pondicherry, Faridabad, Bhimtal, Dehradun, Pune, Haridwar, and Hosur, demonstrating its pan-India manufacturing footprint.

Regulatory Compliance

This newspaper publication represents the company's compliance with IEPFA guidelines and demonstrates its commitment to maintaining transparency with shareholders regarding unclaimed dividends and the importance of keeping KYC information updated.

Historical Stock Returns for Bright Brothers

1 Day5 Days1 Month6 Months1 Year5 Years
-0.33%-5.41%+8.12%-19.02%-29.26%+191.43%

What percentage of Bright Brothers' total dividend payouts remain unclaimed, and how might this impact the company's cash flow management?

Will the IEPFA's enhanced focus on KYC compliance lead to stricter penalties for companies with high unclaimed dividend ratios?

How might Bright Brothers' pan-India manufacturing presence affect its ability to reach out to geographically dispersed shareholders during this campaign?

More News on Bright Brothers

1 Year Returns:-29.26%