3. But no such disclosure was made in the standalone financial statements, indicating that the impairment was on account of subsidiaries. The Brightcom Group is a digital marketing company founded in 2000 and headquartered in Hyderabad, India [1] with offices in US, Argentina, Brazil, Chile, Uruguay, Mexico, UK, France, Germany, Sweden, Ukraine, Serbia, Israel, China, India, and Australia, and with representatives or partners in Poland, and Italy. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements. A general rule of thumb is that shares trading at a lowP/E are undervalued (it depends on other factors too). Brightcom Group Share Price Today (05 Jul, 2023) - Brightcom Group Share Price Live NSE/BSE Business News Markets Stocks Stock Price Quotes Brightcom Group Share Price Sector: IT Software Industry: IT Consulting & Soft.
What are the revenue and earnings for Brightcom Group ? Income Statement. Brightcom Group Ltd. key Products/Revenue Segments include Software Services for the year ending 31-Mar-2022.For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 1,368.50 Crore, down 52.22 % from last quarter Total Income of Rs 2,863.91 Crore and up 10.44 % from last year same quarter Total Income of Rs 1,239.10 Crore. Since the stock is still in a downtrend channel after forming lower highs and lower lows, fresh buying at the current juncture is not advised. Brightcom Group Ltd revenue, total costs and net profit on Tickertape . These do not represent the views of Mint. If its expenses had actually been counted as expenses, Brightcom would've shown a loss of 428 crore. Brightcom failed to categorise its assets into research and development phases in accordance with accounting standards, which led to the misstatement of intangible assets worth Rs 504 crore, overcapitalisation of intangible assets, and consequent inflation of profits, according to the regulator. (Source: Consolidated Financials), View all Brightcom Group Share News & Announcements, Bonus Ratio: 2 share(s) for every 3 shares held, Bonus Ratio: 1 share(s) for every 4 shares held, EPS (trailing 12 month) of Brightcom Group share is 6.79. Read more: Shankar Sharma portfolio stock hits upper circuit for fourth straight session. By continuing, I accept the T&C and agree to receive on Whatsapp. 10,000, Unlocking opportunities in Metal and Mining, REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS, Non-Current Investments Quoted Market Value, Non-Current Investments Unquoted Book Value. PDF Brightcom Group Limited Statement of Consolidated Profit and Loss for The stock has been highly volatile in the last few years. 2,083,266,300. Hindi; Gujarati; Specials. Brightcom Group Share Price 30.30 -1.60 (-5.02 %) Volume: 3,56,83,384 Closed Last Updated On: 04 Jul, 2023, 03:59 PM IST Here are the few indispensable tools that should be a part of every investors research process. Pointing out 31 quarters of misstatements and nearly Rs 1,300 crore of irregularities in the financial statements, SEBI has passed an interim order against Brightcom Group Ltd. for an accounting fraud involving manipulation of financial statements. Brightcom Group Standalone March 2023 Net Sales at Rs 106.80 crore, up 13.62% Y-o-Y 04.02.2023 Brightcom Group Standalone December 2022 Net Sales at Rs 118.57 crore, up 26.24% Y-o-Y Hindi; Gujarati; Specials. It directed the audit committee to review the independence of the statutory auditors. The firm operates through two segments: Digital Marketing and Software Development Segment. The company . Brightcom Group Ltd. stock last traded price is 30.55. ). Brightcom Group Ltd - Clarification sought from Brightcom Group Ltd Wednesday, 21 June 2023. Price and Volume. As on 31-03-2023, the company has a total of 201.85 Crore shares outstanding. You are just one step away from creating your watchlist! Which are the key peers to Brightcom Group? Brightcom Group share price Brightcom Group Ltd. NSE: BCG BSE: 532368 SECTOR: IT - Software 218k 875 158 30.30 -1.60 (-5.02%) NSE: 04 Jul 03:59 PM Price Summary Today's High 31.95 Today's Low 30.30 52 Week High 57.80 52 Week Low 9.35 FinStar Ownership Below Par Stock price may face volatility due to ownership structure. .ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, Brightcom snaps 12-day gaining streak, freezes in lower circuit, Sebi slaps Rs 40 lakh fine on Brightcom Group, promoters, Brightcom shares surge 20% to hit upper circuit on 4th day of rally, Brightcom locked in upper circuit for second day in a row, Brightcom Group Consolidated March 2023 Net Sales at Rs 1,367.92 crore, up 10.28% Y-o-Y, Brightcom Group Standalone March 2023 Net Sales at Rs 106.80 crore, up 13.62% Y-o-Y, Brightcom Group Standalone December 2022 Net Sales at Rs 118.57 crore, up 26.24% Y-o-Y, Brightcom Group Consolidated December 2022 Net Sales at Rs 2,865.17 crore, up 41.75% Y-o-Y, L&T Technology Services wins smart city & campus project, Aqua Pumps' board meeting on April 27, 2017, Nucleus Software Exports' board meeting on April 25, 2017, Kellton Tech's Q3 net profit up 5.2% at Rs 13.96 crore, Firstsource Q3 net profit up 4% at Rs 70 cr, L&T Technology standalone Dec '16 sales at Rs 780.10 crore, Lee and Nee standalone Dec '16 sales at Rs 0.65 crore, KPIT Tech Q3 profit seen up 2%, operational nos may be strong, KPIT Tech‘s Q3 PAT seen up 10.2% to Rs 61.9 cr: Motilal Oswal, KPIT Tech Q2 net seen down 9% at Rs 50 cr, $ revenue likely flat, KPIT Tech Q2 PAT seen down 14.4% at Rs 47.1 cr: Motilal Oswal, Earnings Pataka: Cambridge Technology & Filatex India. Sebi said that the Brightcom Group, headquartered in Hyderabad, had understated expenditures and overstated profits after Sebi had initiated an investigation into the financials from the period 2014-15 to 2019-20. Eminent investor Shankar Sharma portfolio stock Brightcom Group has been on a roll for the last one and a half months. A level below 30 is defined as oversold while a value above 70 is considered overbought. Non-disclosure of the commencement of a forensic audit, inconsistencies in the disclosure of shareholding patterns and non-independence of the independent director are some of the other charges made against the company. Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile! 1. Brightcom Group Profit & Loss account, Brightcom Group Financial Remove some to bookmark this image. Brightcom Group Limited is a Public incorporated on 28 January 1999. This score is on a 10 point scale (1 is lowest and 10 being the highest, NR indicates No-rating is available), You can access 4000+ Stock Reports with ET Prime. Show More, Nifty Smallcap 100, Nifty 500, S&P BSE Information Technology, NIFTY 500 Multicap 50:25:25 Index, Nifty MidSmallcap 400, Floor 5, Fairfield by Marriott,Road No 2, Nanakramguda,Gachibowli,Hyderabad, Telangana - 500032. BRIGHTCOM GROUP LIMITED - Company, directors and contact details What are the key metrics to analyse Brightcom Group Share Price? BRIGHTCOM GROUP LTD. - Profit And Loss Reports - Rediff.com Company has PCN & Associates as its auditors. Get Brightcom Group latest Yearly Results, Financial Statements and Brightcom Group detailed profit and loss accounts. BSE:532368 | NSE:BCGEQ | IND:IT Consulting & Software - Small Cap | ISIN code:INE425B01027 | SECT:IT Software. 0.05. Remove some to bookmark this image. Brightcom Group consolidated net profit rises 4.11% in the June 2021 quarter Capital Market Last Updated : Aug 13 2021 | 10:21 PM IST Follow Us Sales rise 2.27% to Rs 654.05 croreNet profit of Brightcom Group rose 4.11% to Rs 105.55 crore in the quarter ended June 2021 as against Rs 101.38 crore during the previous quarter ended June 2020. Share jumps 90% in one month. 10,000, Unlocking opportunities in Metal and Mining, Book Value [ExclRevalReserve]/Share (Rs. Brightcom Group Profit and Loss Reports - The Economic Times Find & Invest in bonds issued by top corporates, PSU Banks, NBFCs, and much more. 2.29B. According to Brightcom Group's shareholding pattern for January to March 2023, Shankar Sharma holds 2.5 crore Brightcom Group shares, which is 1.24 per cent of the total paid-up capital of the . Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. Brightcom failed to categorise its assets into research and development phases in accordance with accounting standards, which led to the misstatement of intangible assets worth Rs 504 crore, overcapitalisation of intangible assets and consequent inflation of profit of profits, according to the regulator. Copyright BW BUSINESSWORLD 2018. T&C for Appointment of IDs. Brightcom Group Balance Sheet | Brightcom Group Financial Statements The operating margin of Brightcom Group for the current financial year is 0.621873559373488 %. Q3 '21. Get the latest Brightcom Group Ltd stock/share markets, Financial Summary with profit/loss, cash folw, balance sheet & the historic stock/share data for Nifty/Sensex today. But no such disclosure was made in the standalone financial statements, indicating that the impairment was on account of subsidiaries. Brightcom Group share can be quickly analyzed on following metrics: 6. Brightcom Group Company Profile: Stock Performance & Earnings - PitchBook Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. Disclaimer: The views and recommendations given in this article are those of individual analysts. What has been highest price of Brightcom Group share in last 52 weeks? Thecurrent year dividend for Brightcom Group is Rs 0.3and the yield is 0.3289 %. In other words, the return on equity ratio shows how much profit each rupee of common stockholders equity generates. The total revenue of BCG for the last quarter is 13.68B INR, and it's 52.26% lower compared to the previous quarter. Invest as low as 10,000 and earn better returns than FD, Find safe & high-yielding bonds for your buck. Brightcom Group. Share Price Today, Stock Price, Live BSE/NSE Prices By continuing, I accept the Terms & Conditions and agree to receive communication on Whatsapp, Open Demat with exclusive Advice & Services, Get a dedicated Relationship Manager to help you grow your wealth, Exclusive advisory on 20+ trading & wealth based investment options, One tap Investments, Automated trading & much more, 2023, IIFL Securities Ltd. All Rights Reserved, Investor Charter for Depository Participant, Information Contained in links to the Investor Charter. Last Quarter 2023-03-31, Brightcom Group reported an income of Rs 1368.50 Cr and
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Brightcom Group Standalone March 2023 Net Sales at Rs 106.80 crore, up 13.62% Y-o-Y 04.02.2023 Brightcom Group Standalone December 2022 Net Sales at Rs 118.57 crore, up 26.24% Y-o-Y Valuation. Earnings per share. Clients include leading blue chip advertisers like Airtel, British Airways, Coca-Cola, Hyundai Motors, ICICI Bank, ITC, ING, Lenovo, LIC, Maruti Suzuki, MTV, P&G, Qatar Airways, Samsung . ): Mar 23: Mar 22: Mar 21: Mar 20: Mar 19 : 12 mths: 12 mths: 12 mths: 12 mths: 12 mths : Net Profit/Loss Before Extraordinary Items And Tax Get details on Brightcom Group news, dividends, financial report, shareholding, company profile, annual report, quarterly results, profit and loss account, results and more. It opened flat at Rs 79.01 against the previous close of Rs 79. . Palace Heights Avenues LLP, one of the entities that got the preferential allotment, was later found to be under the direct ownership of Potukuchi Murali Mohan Rao and his wife, suggesting the active involvement of auditors in the scheme of manipulation, SEBI said. Brightcom Group has tanked 45% over the past month. Brightcom Group Limited Share Price Today, Stock Price, Live NSE News, Quotes, Tips - NSE India Equity Order Book Qty Bid () Ask () Qty Buy Quantity - Sell Quantity - Series Symbol ISIN Status Date of Listing Basic Industry Symbol P/E Sectoral Index P/E Sectoral Index Securities Information Board Status Trading Status Trading Segment Session No. NSE:BCG
.ar{fill:#eb6135;stroke:#b24226;}.br,.dr{fill:none;}.br{stroke:#fff;}.cr{stroke:none;}, -505.19 (-0.77%) Brightcom Group Ltd. key Products/Revenue Segments include Software Services for the year ending 31-Mar-2022. Brightcom Group Stock/Share prices today, Brightcom Group Live BSE/NSE. Log in to our website to save your bookmarks. All Rights Reserved. Brightcom Group informs about outlook for FY23-24, Brightcom Group informs about clarification, Brightcom Group submits newspaper publication, Brightcom Group informs about final dividend, Brightcom Group informs about newspaper publications, Brightcom Group informs about compliance certificate, Brightcom Group informs about management letter in response to queries from investors, Brightcom Group informs about press release, Brightcom Group informs about outcome of board meeting, Brightcom Group informs about conference call, Brightcom Group informs about board meeting, Brightcom Group informs about postponement of board meeting, Brightcom Group informs about on-boarding of advisor, Brightcom Group calls off definitive share purchase agreement with MediaMint, Brightcom Group to set up new division focusing on Quantum Computing, Brightcom Group informs about newspaper publication, Brightcom Group informs about appointment of new general manager, Brightcom Group informs about secretarial compliance report, Brightcom Group informs about board meeting rescheduled, Brightcom Group informs about retirement of CFO, Brightcom Group inks LoI to acquire US based digital audio company, Brightcom Group informs about allotment of equity shares, Brightcom Group informs about confirmation certificate, Brightcom Group informs about rationale for recommending the issuance of the bonus shares, Brightcom Group informs about receipt of in-principle approvals, The company has delivered average Profit Growth of, Company has a poor ROE (Return on Equity) track record: 3 Years ROE, The company has delivered poor Income growth of, The company has been maintaining a poor ROCE of, The company has been maintaining poor Dividend Payout ratio of. For the quarter ended 31-03-2023, the company has reported a Consolidated Total Income of Rs 1,368.50 Crore, down 52.22 % from last quarter Total Income of Rs 2,863.91 Crore and up 10.44 % from last year same quarter Total Income of Rs 1,239.10 Crore. Get Brightcom Group latest Key Financial Ratios, Financial Statements and Brightcom Group detailed profit and loss accounts. Brightcom Group share price was up by 1.16% based on previous share price of Rs. Copyright e-Eighteen.com Ltd. All rights reserved. Despite these disqualifications, P. Murali was again appointed auditor for five consecutive years, commencing September 2022. (Source: Consolidated Financials), Company's annual revenue growth of 47.29% outperformed its 3 year CAGR of 39.3%. Your session has expired, please login again. Cr. -Violation of norms relating to the independence of auditors. Highlighting 31 quarters of misstatements and nearly Rs 1,300 crore of irregularities, SEBI has passed an interim order against Brightcom Group for accounting fraud involving the manipulation of financial statements. Top 10 Peers for Brightcom Group are Mastek Ltd., R Systems International Ltd., Newgen Software Technologies Ltd., Zen Technologies Ltd., Saksoft Ltd., Datamatics Global Services Ltd., Nucleus Software Exports Ltd., Black Box Ltd., Cigniti Technologies Ltd. and Aurionpro Solutions Ltd. Company witnessed QoQ revenue decline of 52.22%, which is lowest in the last 3 years. Brightcom Group Balance Sheet | Brightcom Group Financial Statements Company has reported net profit after tax of Rs 229.15 Crore in latest quarter.The companys top management includes Mr.M Suresh Kumar Reddy, Mr.Vijay Kancharla, Dr.K Jayalakshmi Kumari, Mr.Nilendu Narayan Chakraborty, Mr.Peshwa Acharya, Dr.Surabhi Sinha, Mr.Laxminarayana Raju Singaraju. This charge, which should have been part of the profit and loss statement rather than the balance sheet, resulted in the company understating its losses by Rs 428 crore, the regulator said. Brightcom Group Limited Share Price Today, Stock Price, Live NSE News Brightcom Group Yearly results, Financial Summary Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Log in to our website to save your bookmarks. Brightcom Group Ltd., incorporated in the year 1999, is a Small Cap company (having a market cap of Rs 6,166.58 Crore) operating in IT Software sector. e-paper. Shankar Sharma holds 2.50 crore shares of Brightcom Group Ltd or 1.24% stake in the company. Brightcom Group shares end 5% higher for second straight session; here Revenue from operations of the company rose to 106.80 crore from 94 crore year-on-year (YoY). English. (Cr) 6,071.71 The stocks market price justifies its intrinsic value. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. SECTOR:IT - Software
Cash Flow of Brightcom Group (in Rs. Check out the live . BRIGHTCOM GROUP Income Statement - NSE:BCG - TradingView Stock price may face volatility due to ownership structure. Brightcom Group Standalone March 2023 Net Sales at Rs 106.80 crore, up 13.62% Y-o-Y 04.02.2023 Brightcom Group Standalone December 2022 Net Sales at Rs 118.57 crore, up 26.24% Y-o-Y Brightcom Group Ltd (BCG) Stock Price & News - Google Finance Brightcom overstated its profits and understated its expenses between 2014 and 2020, leading to a misstatement of Rs 868 crore, according to SEBI. Familiarisation Program for IDs. Search Quotes, News, Mutual Fund NAVs
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