Bright Brothers Limited

Manufacturer and marketer of injection molded plastic products for white goods and beauty industry.

1946 | Mumbai, Maharashtra (India) | Active
Last Updated: July 07, 2024

Bright Brothers Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.68 Cr
  • Company Age 78 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 94.42 Cr
  • Satisfied Charges ₹ 80.31 Cr
  • Revenue Growth -9.94%
  • Profit Growth -110.71%
  • Ebitda -90.53%
  • Net Worth -7.89%
  • Total Assets -3.61%

About Bright Brothers

Bright Brothers Limited (BBL) was founded in India on 11 July 1946 and has a glorious history of 78 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 526731.

The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.68 Cr.

The company currently has active open charges totaling ₹94.42 Cr. The company has closed loans amounting to ₹80.31 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bright Brothers Limited India are Chirag Shah as CFO and Sonali Sao as Company Secretary. Anil Bhandari, Suresh Bhojwani, Kuchimanchi Viswanath, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    L25209MH1946PLC005056

  • Company No.

    005056

  • Stock Symbol

    BSE : 526731

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Jul 1946

  • Date of AGM

    15 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Bright Brothers Limited offer?

Bright Brothers Limited offers a wide range of products and services, including Water Treatment Accessories & Spares, Water Treatment Plant Parts, Plastic Crates, Jumbo Crate, Hair Comb, Packing Crates, Storage Crate, Hair Brushes, Wooden Box, Decorative Wooden Boxes.

Who are the key members and board of directors at Bright Brothers?

Executive Team (3)

NameDesignationAppointment DateStatus
Suresh Bhojwani Country flag representing In Managing Director01-Feb-2001Current
Chirag Shah Country flag representing In CFO01-Jun-2015Current
Sonali Sao Country flag representing In Company Secretary14-Feb-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Anil Bhandari Country flag representing In Director 09-Sep-2020Current
Kuchimanchi Viswanath Country flag representing In Director 27-May-2022Current
Indru Advani Country flag representing In Director 01-Apr-2023Current
Karan Bhojwani Country flag representing In Whole-Time Director 01-Apr-2022Current
Devika Bhojwani Country flag representing In Director 01-Apr-2019Current

Financial Performance of Bright Brothers.

Bright Brothers Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 9.94% decrease. The company also saw a substantial fall in profitability, with a 110.71% decrease in profit. The company's net worth dipped by a decrease of 7.89%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-9.94%
Revenue from Operations
-10.21%
Total Assets
-3.61%
Profit or Loss
-110.71%
Net Worth
-7.89%
EBITDA
-90.53%

What is the Ownership and Shareholding Structure of Bright Brothers?

In 2022, Bright Brothers had a promoter holding of 53.94% and a public holding of 46.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹94.42 Cr

Satisfied Charges

₹80.31 Cr

Charges Breakdown by Lending Institutions

  • Others : 63.92 Cr
  • Yes Bank Limited : 30.50 Cr

Latest Charge Details

DateLenderAmountStatus
18 Jan 2023Yes Bank Limited₹30.50 CrOpen
21 Jan 2021Others₹7.45 CrOpen
30 Nov 2020Others₹3.09 MOpen
28 Aug 2020Others₹3.60 MOpen
17 Dec 2019Others₹8.00 MOpen

How Many Employees Work at Bright Brothers?

Bright Brothers has a workforce of 474 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bright Brothers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Bright Brothers's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Bright Brothers

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 30.50 Cr registered on 18 Jan 2023 with Charge ID 100675521 was modified on 08 Feb 2024.

    08 Feb 2024

  • Annual General Meeting

    Bright Brothers Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.

    15 Sep 2023

  • Charges

    A charge with Others of Rs. 55.00 Cr registered on 30 Jan 2019 with Charge ID 100258348 was modified on 04 Aug 2023.

    04 Aug 2023

  • Director Appointment

    Indru Gobindram Advani was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 1 year 10 months .

    01 Apr 2023

  • Balance Sheet

    Bright Brothers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 30.50 Cr with Charge ID 100675521 was registered on 18 Jan 2023.

    18 Jan 2023

Frequently asked questions

  • Bright Brothers Limited was incorporated on 11 Jul 1946.

  • The authorized share capital of Bright Brothers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.68 Cr.

  • Currently 8 directors are associated with Bright Brothers Limited.

    • Anil Kumar Bhandari
    • Suresh Thakurdas Bhojwani
    • Kuchimanchi Viswanath
    • Indru Gobindram Advani
    • Karan Suresh Bhojwani
    • Devika Suresh Bhojwani
    • Chirag Shah
    • Sonali Subhash Sao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bright Brothers Limited is 2-91 Floor-9 Plot 225 2 Jolly Maker Chambers, Vinayak Kumar Shah Marg Ncpa Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Bright Brothers Limited is L25209MH1946PLC005056 and the company number is 005056 as per Ministry of Corporate Affairs (MCA).

  • Yes, Bright Brothers Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Bright Brothers Limited is https://www.brightbrothers.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bright Brothers Limited has fallen by -9.94%.

  • As Per 2023 financial reports, 474 employees are currently employed by Bright Brothers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bright Brothers Limited has experienced an downturn of -7.89%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bright Brothers Limited amount to ₹ 94.42 Cr.

  • The most recent Balance Sheet for Bright Brothers Limited was filed with the ROC on 31 Mar 2023.

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