Bright Brothers Ltd

Financial performance

• Standalone revenue from operations: 35,018 lakh; Consolidated: 37,504 lakh.
• Standalone PBT: 885.86 lakh; PAT: 774.15 lakh; Consolidated PBT: 703.51 lakh; PAT: 591.80 lakh.
• Standalone EPS: 13.63; Consolidated EPS: 10.42.
• Dividend proposed: final dividend Rs 2.00 per share.
• Operating cash flow: Standalone 1,505.39 lakh; Consolidated 1,203.20 lakh.

Dividend & capital allocation

• Final dividend of Rs 2.00 per share proposed; AGM approval required.
• Standalone dividend cash outflow about Rs 11.36 lakh.

Capital structure & liquidity

• Total borrowings (standalone) 4,792.48 lakh; undrawn WC facilities 2,502.54 lakh.
• Debt-to-equity ratio 1.24; adjusted net debt to equity 1.16.
• Cash & cash equivalents: Standalone 739.28 lakh; Consolidated 888.17 lakh.

Subsidiaries & group structure

• Two US subsidiaries: Bright Brothers LLC and Sintex Logistics LLC; 100% owned.
• Bright Brothers LLC: turnover Nil; PBT -20.45; PAT -20.45.
• Sintex Logistics LLC: turnover 3,119.79; PBT -170.04; PAT -170.04.
• Consolidated results include subsidiaries; presently no material subsidiary.

Governance & risk

• Statutory auditors GMJ & Co; no qualifications; internal controls adequate.
• BSE waiver for Regulation 17(1) fine; waiver approved March 18, 2026.
• Board comprises three independent directors; independent directors registered with IICA.

CSR & compliance

• CSR spend 2.75 lakh; 0.99 lakh annual CSR obligation; excess carry-forward 5.64 lakh.
• CSR policy and nomination policy published on company website.

AGM & regulatory disclosures

• AGM scheduled for 18 Sep 2026; e-voting window 15-17 Sep 2026.
• Notice and annual report circulated electronically; available on company and BSE websites.

Outlook & risks

• Management focuses on automotive and composite expansions; diversifying domestic and international customers.
• Anticipated risks include higher raw material costs, supply-chain disruptions, and geopolitical factors.

Financial results approved

• Unaudited standalone and consolidated results for quarter ended 30 June 2026 approved, with limited review reports.
• Auditors issued unmodified opinions on standalone and consolidated results.

Merger and structural changes

• Commencement of merger between Bright Brothers LLC and Sintex Logistics LLC approved; no cash or share exchange.
• Change in name of Sintex Logistics LLC to Bright Composites LLC after merger.

Regulatory disclosures

• Annexure A provides SEBI LODR disclosures accompanying the results.
• Transaction between wholly-owned subsidiaries exempt from related party; not a RPT.

Audit scope notes

• Not reviewed for certain subsidiaries; not material to the group.

Dematerialisation processing

• Dematerialisation requests received were processed and confirmed to the depositories.
• Securities dematerialised have been listed on the exchanges where the original securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification; depository names substituted in the register.

Trading Window Closure

• Trading window closed from 1 July 2026 until 48 hours after unaudited results for June quarter 2026.