B-Right Real (543543)

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 2/2 · Dividend: 0/1

Key Financials

Strengths

• Latest quarter sales of ₹55 Cr and net profit of ₹12 Cr imply a ~21.8% net margin on the surface.
• Sales growth of 34.14% shows project momentum in a small-cap developer.
• Piotroski F-score of 7/9 suggests some recent operational improvement, if the data is reliable.
• Profit growth of 513.79% and PEG of 0.61 point to strong momentum, though from a low base.

Concerns

• P/E of 165.85 conflicts with latest quarter profit of ₹12 Cr; trailing earnings appear to be only ~₹0.87 Cr, so the valuation basis is unclear.
• 52-week range low of ₹260.30 is above the current price of ₹140.65, an apparent data inconsistency.
• ROCE of 5.08% is poor for a capital-intensive real estate business with no obvious moat.
• Book value, debt/equity, promoter holding, and dividend yield are missing or zero, leaving no Graham-style margin of safety.

AI Analysis

Let me examine B-Right Real with the same scepticism I would apply to any real-estate developer. The first thing I see is a series of numbers that do not reconcile. The stock is at ₹140.65 with a market cap of ₹145 Cr, yet the 52-week range is shown as ₹260.30 to ₹1,011. That is impossible; either the data are wrong or there was a corporate action I have not been told about. Next, the P/E of 165.85 implies trailing annual profit of under ₹1 Cr, but the latest quarter alone shows ₹12 Cr of net profit on ₹55 Cr of sales. I cannot build a bridge between those two figures. As Graham wrote, the first rule is to protect yourself against permanent capital loss; I cannot do that when book value, debt/equity, and promoter holding are all blank. ROCE of 5.08% is far too low for a business that must buy land, execute construction, and sell inventory over years. Residential and commercial projects are cyclical, working-capital-hungry, and offer little durable moat. Yes, sales grew 34.14%, and the profit jump of 513.79% is spectacular, but it is from a tiny base. A PEG of 0.61 is seductive, but a PEG is only as good as the durability of growth. An F-score of 7 is a small point in its favour, but the missing balance-sheet data and the absurd valuation gap make me want to watch from the sidelines. I need audited annual numbers, honest debt disclosure, and evidence of repeatability before I pay 165 times earnings.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer