Bright Solar Ltd

Bright Solar Ltd, a Micro Cap company in the Compressors, Pumps & Diesel Engines industry, was incorporated in 2010 and became public in 2018. It has a market cap of INR 7 Cr, with no recent revenue or profit data available.

The top shareholders of Bright Solar are primarily individual investors, holding 91.92% of the shares. The largest promoter, Jogani Kalpesh Kalidas, has a stake of 0.16%, with no institutional holdings or pledged shares.

As of March 2022, the management team of Bright Solar includes Piyushkumar Thumar (Chairman & Managing Director), Jagrutiben Joshi (Director), Ajay Raj Singh (Whole-time Director), and independent directors Viren Rajeshkumar Makwana and Shivangi Bipinchandra Gajjar, along with Company Secretary Ritendrasinh K Rathod.

As of March 4, 2025, Bright Solar's trend is neutral with a current price of 2.80 at a 52-week low, reflecting a year-to-date decline of 31.71% and a one-year decline of 66.86%, indicating a lack of upward momentum.

As of March 7, 2025, Bright Solar is considered risky and overvalued due to a negative PE ratio of -2.02, an EV to EBITDA of -1.10, and a ROCE of -13.87%, significantly underperforming compared to industry peers and the market.

As of Jun 05, Bright Solar Ltd has a market capitalization of 7.00 Cr, classifying it as a Micro Cap company. There is no available financial data for the latest four quarters, but as of March 2024, Shareholder's Funds are 29.43 Cr and Total Assets are 37.00 Cr.

Bright Solar's peers include Cummins India, Elgi Equipments, KSB, and others, with management risk rated as below average and growth also below average. In terms of returns, Bright Solar has a 1-year return of 0.00%, lower than its peers, with Shakti Pumps leading at 102.57%.

As of 05-Jun, Bright Solar Ltd is priced at 2.80, showing no change and underperforming its sector. The stock has reached a new low and has declined significantly year-to-date and over the past year, indicating weak investor interest and challenging market conditions.