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Bright Brothers (BOM:526731) Net-Net Working Capital : ₹-101.93 (As of Mar. 2025)


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What is Bright Brothers Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Bright Brothers's Net-Net Working Capital for the quarter that ended in Mar. 2025 was ₹-101.93.

The industry rank for Bright Brothers's Net-Net Working Capital or its related term are showing as below:

BOM:526731's Price-to-Net-Net-Working-Capital is not ranked *
in the Chemicals industry.
Industry Median: 7.8
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Bright Brothers Net-Net Working Capital Historical Data

The historical data trend for Bright Brothers's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Bright Brothers Net-Net Working Capital Chart

Bright Brothers Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Net-Net Working Capital
Get a 7-Day Free Trial Premium Member Only Premium Member Only -67.41 -2.05 -48.60 -100.57 -101.93

Bright Brothers Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Net-Net Working Capital Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -100.57 - -90.70 - -101.93

Competitive Comparison of Bright Brothers's Net-Net Working Capital

For the Specialty Chemicals subindustry, Bright Brothers's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bright Brothers's Price-to-Net-Net-Working-Capital Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bright Brothers's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Bright Brothers's Price-to-Net-Net-Working-Capital falls into.


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Bright Brothers Net-Net Working Capital Calculation

Bright Brothers's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in Mar. 2025 is calculated as

Net-Net Working Capital(A: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(180.865+0.75 * 859.044+0.5 * 286.645-1547.437
-0-0)/5.680
=-101.93

Bright Brothers's Net-Net Working Capital (NNWC) per share for the quarter that ended in Mar. 2025 is calculated as

Net-Net Working Capital(Q: Mar. 2025 )
=(Cash, Cash Equivalents, Marketable Securities+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(180.865+0.75 * 859.044+0.5 * 286.645-1547.437
-0-0)/5.680
=-101.93

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Bright Brothers  (BOM:526731) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Bright Brothers Net-Net Working Capital Related Terms

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Bright Brothers Business Description

Traded in Other Exchanges
N/A
Address
B-54, Road No. 33, Gyaneshwar Nagar, Wagle Industrial Estate, Thane West, Mumbai, MH, IND, 400 604
Bright Brothers Ltd is engaged in the manufacturing and distribution of consumer durable and plastic household containers used for various residential and commercial purposes. Its products and services include Crates, Bins and Containers; Hair Care Products; Tooth Brush Handles; Tool and Die making; Painting; Automotive Parts and Systems, and Pallets. The company derives its revenue from the Sale of Plastic Components, Hair Care and Beauty Products, and the Sale of Moulds. The company generates all of its revenue from India.

Bright Brothers Headlines

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