Bright Brothers Reports FY26 Audited Results; Recommends Final Dividend of Rs. 2 Per Share

The Board of Directors of Bright Brothers Limited convened a meeting on May 12, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The statutory auditors, GMJ & Co., Chartered Accountants (FRN: 103429W), issued an unmodified opinion on both the standalone and consolidated financial statements. The results were prepared in accordance with Indian Accounting Standards (Ind AS) and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Standalone Financial Performance

Bright Brothers recorded steady top-line growth on a standalone basis in FY26, with revenue from operations increasing to Rs. 35,017.94 lakhs from Rs. 32,837.83 lakhs in FY25. Total income for the year reached Rs. 35,299.31 lakhs compared to Rs. 33,021.14 lakhs in the prior year. However, net profit for the full year declined to Rs. 774.15 lakhs from Rs. 863.18 lakhs in FY25, reflecting higher operating costs. Total comprehensive income for FY26 stood at Rs. 790.90 lakhs versus Rs. 861.22 lakhs in FY25.

The following table summarises the key standalone financial metrics:

Metric: FY26 (Audited) FY25 (Audited) Revenue from Operations: Rs. 35,017.94 lakhs Rs. 32,837.83 lakhs Other Income: Rs. 281.37 lakhs Rs. 183.31 lakhs Total Income: Rs. 35,299.31 lakhs Rs. 33,021.14 lakhs Total Expenses: Rs. 34,413.45 lakhs Rs. 31,916.45 lakhs Profit Before Tax: Rs. 885.86 lakhs Rs. 1,104.69 lakhs Net Profit: Rs. 774.15 lakhs Rs. 863.18 lakhs Total Comprehensive Income: Rs. 790.90 lakhs Rs. 861.22 lakhs Basic EPS (Rs.): 13.63 15.20 Diluted EPS (Rs.): 13.63 15.20

For the quarter ended March 31, 2026, standalone revenue from operations was Rs. 8,558.40 lakhs and net profit was Rs. 209.93 lakhs, compared to Rs. 7,997.40 lakhs and Rs. 154.44 lakhs respectively in the corresponding quarter of the previous year.

Consolidated Financial Performance

On a consolidated basis, which includes subsidiaries Bright Brothers LLC and Sintex Logistics LLC (step-down subsidiary), revenue from operations grew to Rs. 37,504.04 lakhs in FY26 from Rs. 33,586.27 lakhs in FY25. Total consolidated income for the year was Rs. 37,840.44 lakhs against Rs. 33,758.69 lakhs in the prior year. Consolidated net profit for FY26 stood at Rs. 591.80 lakhs compared to Rs. 849.33 lakhs in FY25, with total comprehensive income at Rs. 598.38 lakhs versus Rs. 844.66 lakhs in the previous year.

Metric: FY26 (Audited) FY25 (Audited) Revenue from Operations: Rs. 37,504.04 lakhs Rs. 33,586.27 lakhs Other Income: Rs. 336.40 lakhs Rs. 172.42 lakhs Total Income: Rs. 37,840.44 lakhs Rs. 33,758.69 lakhs Total Expenses: Rs. 37,136.93 lakhs Rs. 32,667.85 lakhs Profit Before Tax: Rs. 703.51 lakhs Rs. 1,090.84 lakhs Net Profit: Rs. 591.80 lakhs Rs. 849.33 lakhs Total Comprehensive Income: Rs. 598.38 lakhs Rs. 844.66 lakhs Basic EPS (Rs.): 10.42 14.95 Diluted EPS (Rs.): 10.42 14.95

For the quarter ended March 31, 2026, consolidated revenue from operations was Rs. 9,160.02 lakhs and net profit was Rs. 212.10 lakhs, compared to Rs. 8,549.02 lakhs and Rs. 183.86 lakhs respectively in the corresponding quarter of the prior year.

Balance Sheet Highlights

As at March 31, 2026, standalone total assets stood at Rs. 24,848.51 lakhs compared to Rs. 22,538.44 lakhs as at March 31, 2025. Total standalone equity increased to Rs. 8,422.63 lakhs from Rs. 7,773.76 lakhs. On a consolidated basis, total assets were Rs. 25,493.03 lakhs versus Rs. 23,109.66 lakhs in the prior year, with total equity at Rs. 8,091.67 lakhs compared to Rs. 7,635.29 lakhs. The paid-up equity share capital remained unchanged at Rs. 568.02 lakhs, with a face value of Rs. 10 per share.

Dividend and Corporate Actions

The Board recommended a final dividend of Rs. 2 per equity share of face value Rs. 10 each, representing 20%, for the financial year ended March 31, 2026, subject to approval by shareholders at the ensuing Annual General Meeting. In addition to the financial results, the Board approved several key corporate actions:

Reappointment of Mr. Kuchimanchi Viswanath as Independent Director for a second term of 5 years, from May 27, 2027 to May 26, 2032 (both days inclusive), subject to member approval. Mr. Viswanath is a Fellow Member of the Institute of Chartered Accountants of India since 1983, a Certified Internal Auditor, and holds a Certificate in Information Systems Auditing. He has been co-opted as a Member of the Internal Audit Standards Board of the ICAI for the Council Year 2026-27.

Reappointment of Mr. Karan Bhojwani as Whole-time Director for a period of 5 years from April 1, 2027 to March 31, 2032 (both days inclusive), subject to member approval. Mr. Karan Bhojwani is the son of Mr. Suresh Bhojwani, Chairman and Managing Director, and Mrs. Devika Bhojwani, Whole-time Director of the Company, and has been associated with the Company since 2003.

Appointment of M/s. Joshi Apte and Associates (Firm Registration No.: 000240) as Cost Auditor for a period of 1 year, subject to member approval at the ensuing Annual General Meeting.

Business Segment and Auditor's Note

Bright Brothers operates in a single business segment — manufacturing of plastic moulded parts — as per Indian Accounting Standard (Ind AS-108) on Operating Segments. The company's factories are located across Pondicherry, Faridabad, Bhimtal, Dehradun, Pune, Haridwar, and Hosur. The Board meeting commenced at 1 P.M. and concluded at 2:15 P.M. on May 12, 2026. The statutory auditors noted that figures for the quarter ended March 31, 2026 and March 31, 2025 are balancing figures between the audited full-year figures and the published unaudited year-to-date figures up to the third quarter of the respective financial years.

Bright Brothers Limited has published a newspaper advertisement on 23 April 2026 regarding the Second 100 days Saksham Niveshak Campaign initiated by the Investor Education and Protection Fund Authority (IEPFA). The company formally notified BSE Limited about this publication through an official communication.

Campaign Details

The Second 100 days Saksham Niveshak Campaign has been launched by IEPFA and the Ministry of Corporate Affairs (MCA) following their communication dated 27 March 2026. The primary objective of this campaign is to reach out to shareholders whose dividends remain unpaid or unclaimed, with particular emphasis on KYC updation and related compliance measures.

Company Communication

Bright Brothers Limited sent an official letter to BSE Limited on 23 April 2026, referencing Scrip Code 526731. The communication was signed by Sonali Pednekar, Company Secretary and Compliance Officer, and included the company seal.

Parameter Details Communication Date 23 April 2026 Recipient BSE Limited Subject Newspaper publication - Second 100 days Saksham Niveshak Campaign Signatory Sonali Pednekar, Company Secretary & Compliance Officer Scrip Code 526731

Company Information

Bright Brothers Limited operates as part of the Brite Group Company with multiple manufacturing facilities across India. The company maintains its registered office at Office No. 91, 9th Floor, Jolly Maker Chambers No. 2, 225, Nariman Point, Mumbai - 400 021.

Manufacturing Presence

The company operates factories in several locations including Pondicherry, Faridabad, Bhimtal, Dehradun, Pune, Haridwar, and Hosur, demonstrating its pan-India manufacturing footprint.

Regulatory Compliance

This newspaper publication represents the company's compliance with IEPFA guidelines and demonstrates its commitment to maintaining transparency with shareholders regarding unclaimed dividends and the importance of keeping KYC information updated.

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