Bright Solar Limited
PosiFunda Ratios Only on PositoAI
PositoAI's own ratios from Bright Solar Limited's yearly results (2022–2025), compared with companies in India. Tap ? on any ratio for what it means.
What stands out
- Cash Locked Ratio: For every ₹100 of sales, ₹433 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹79 tied up three years earlier. More money tied up than almost all companies in India.
- Shareholder Slice Ratio: Share count rose 23% in 3 years, so each share's slice of the company became smaller. Bigger rise in share count than 89% of companies in India.
- Tangible Net Worth Ratio: Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies. More tangible than 87% of companies in India.
Where ₹100 of sales goes
Latest year (Mar 2025). Taxes and other income are not shown, so the parts need not add up to 100.
Cash quality
Profit Cash Ratio
—Loss-making or profit too small
Over the last 3 years profit was a loss or under 2% of sales, so cash per 100 of profit is not meaningful.
Self-Funding Ratio
—Data incomplete
Cash Locked Ratio
₹433For every ₹100 of sales, ₹433 is tied up in day-to-day operations (money owed by customers + stock − money owed to suppliers), against ₹79 tied up three years earlier.
More money tied up than almost all companies in India.
Growth quality
Steadiness Ratio
1/3 · 2/3Sales grew in 1 of the last 3 years; profit grew in 2 of 3.
Less steady than 78% of companies in India.
Growth Efficiency Ratio
—Sales fell 73%
Sales fell 73% in 3 years, so extra profit per extra sales cannot be measured.
Asset Productivity Ratio
-73% / -8%In 3 years sales changed by -73% while total assets changed by -8%. Assets grew faster than sales.
Balance-sheet strength
Debt Due Cover Ratio
No debt dueNo debt falls due within a year, according to the latest yearly balance sheet.
Cash Cushion Ratio
−3%Debt, after subtracting cash, equals 3% of its market value (net debt).
Higher than 55% of companies in India.
Tangible Assets Ratio
100%Of every ₹100 the company owns, ₹100 is in tangible assets such as plants, cash, stock and receivables; the rest is goodwill and other intangibles.
More tangible than 85% of companies in India.
Tangible Net Worth Ratio
100%Of every ₹100 of net worth, ₹100 is tangible; the rest is goodwill and other intangibles, often from buying other companies.
More tangible than 87% of companies in India.
Shareholders
Standard fundamentals
P/E, P/B, ROE, debt, growth and more (12)
Bright Solar Limited made a loss over the last year. Bright Solar Limited owes ₹0.22 for every ₹1 it owns. Bright Solar Limited returned to profit in the year to Mar 2025, after a loss the year before.
Compared with companies in India · latest annual results Mar 2025.
P/E ratio
LossBright Solar Limited made a loss over the last year, so its P/E ratio is not meaningful.
P/B ratio
0.71The share price is 0.71 times Bright Solar Limited's book value per share, lower than 88% of companies in India.
Market cap
₹21 CrThe total market value of all of Bright Solar Limited's shares at today's price (share price × number of shares), smaller than 98% of companies in India. PosiCap size class: Nano Cap.
Net worth (book value)
₹29 CrWhat Bright Solar Limited would have left on paper if it sold everything it owns and paid everything it owes, from its latest balance sheet (31 Mar 2025).
Book value per share
₹3.96Net worth divided by the number of shares. The share price of ₹2.80 is 0.7 times this, which is the P/B above.
Owes vs Owns
0.22×Bright Solar Limited owes ₹0.22 for every ₹1 it owns (low), lower than 82% of companies in India.
Revenue growth
-80%Revenue fell 80% in the year to Mar 2025, and shrank 36% a year on average over 3 years.
Profit growth
Back to profitBright Solar Limited returned to profit in the year to Mar 2025, after a loss the year before.
Profit margin
3.1%Bright Solar Limited keeps ₹3 of every ₹100 of revenue as net profit.
Cash quality
-21.9×Cash from Bright Solar Limited's business was -21.9× its reported profit in the year to Mar 2025 — the business used cash even though it reported a profit.
Interest cover
Not coveredBright Solar Limited's operating profit did not cover its interest costs in the year to Mar 2025.
Cash vs debt
Net debtBright Solar Limited had ₹1 Cr more debt than cash (net debt) at Mar 2025.
Questions
How is P/B calculated on PositoAI?
P/B is market cap divided by net worth from the latest balance sheet. For Bright Solar Limited: ₹21 Cr ÷ ₹29 Cr (31 Mar 2025) = 0.7.
How much does Bright Solar Limited owe compared with what it owns?
Bright Solar Limited owes ₹0.22 for every ₹1 it owns (low), lower than 82% of companies in India.
Is Bright Solar Limited's revenue growing?
Revenue fell 80% in the year to Mar 2025, and shrank 36% a year on average over 3 years.
Figures from the company's yearly results and PositoAI's own data. Full tables are on the Go Deep tab. What each figure means. PositoAI is for research and education only and is not investment advice.