Bright Brothers Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.68 Cr
- Company Age 78 Year, 7 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 seven 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
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Bhojwani  | Managing Director | 01-Feb-2001 | Current |
| Chirag Shah | CFO | 01-Jun-2015 | Current |
| Sonali Sao | Company Secretary | 14-Feb-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Anil Bhandari | Director | 09-Sep-2020 | Current |
| Kuchimanchi Viswanath | Director | 27-May-2022 | Current |
| Indru Advani | Director | 01-Apr-2023 | Current |
| Karan Bhojwani | Whole-Time Director | 01-Apr-2022 | Current |
| Devika Bhojwani | Director | 01-Apr-2019 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
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Pepper Ridge Bio-Solutions LlpAnil Bhandari is a mutual person
- Karnataka Coffee Brokers Private Limited
Anil Bhandari is a mutual person
- Clam Bio Private Limited
Anil Bhandari is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 18 Jan 2023 | Yes Bank Limited | ₹30.50 Cr | Open |
| 21 Jan 2021 | Others | ₹7.45 Cr | Open |
| 30 Nov 2020 | Others | ₹3.09 M | Open |
| 28 Aug 2020 | Others | ₹3.60 M | Open |
| 17 Dec 2019 | Others | ₹8.00 M | Open |
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.
Deals i
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
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
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.
- Annual General Meeting
Bright Brothers Limited last Annual general meeting of members was held on 15 Sep 2023 as per latest MCA records.
- 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.
- 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 11 months .
- Balance Sheet
Bright Brothers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.
- Charges
A charge with Yes Bank Limited amounted to Rs. 30.50 Cr with Charge ID 100675521 was registered on 18 Jan 2023.
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Bright Brothers Limited?
Bright Brothers Limited was incorporated on 11 Jul 1946.
What is authorized share capital and paid-up capital of Bright Brothers Limited?
The authorized share capital of Bright Brothers Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.68 Cr.
Who are the current board members & directors of Bright Brothers Limited?
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
What is the registered address of Bright Brothers Limited?
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.
What is the corporate identification number (CIN) and company number of Bright Brothers Limited?
The corporate identification number (CIN) of Bright Brothers Limited is L25209MH1946PLC005056 and the company number is 005056 as per Ministry of Corporate Affairs (MCA).
Is Bright Brothers Limited registered with any stock exchange in India?
Yes, Bright Brothers Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Bright Brothers Limited?
The Official website of Bright Brothers Limited is https://www.brightbrothers.co.in
What has been the recent revenue trend for Bright Brothers Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Bright Brothers Limited has fallen by -9.94%.
How many employees does Bright Brothers Limited currently have?
As Per 2023 financial reports, 474 employees are currently employed by Bright Brothers Limited.
What change has been observed in the net worth of Bright Brothers Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Bright Brothers Limited has experienced an downturn of -7.89%.
What are the total open charges for Bright Brothers Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Bright Brothers Limited amount to ₹ 94.42 Cr.
When was the last Balance Sheet of Bright Brothers Limited filed with the ROC?
The most recent Balance Sheet for Bright Brothers Limited was filed with the ROC on 31 Mar 2023.
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