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Brightcom Group Stock Forecast: Brightcom Share Price Target

Brightcom Group Stock Forecast: Brightcom Share Price Target

In this article, we will discuss the Brightcom Share Price Target in the upcoming years. We will analyse the estimated stock price of the company so that you can make better decisions about investing in it. Before we dive into the company’s share price predictions, let’s first understand the company’s background, financials, technical fundamentals, etc.

Brightcom Group: An Overview

Founded in 2000. It is a digital marketing company based in Hyderabad, India. Ad-tech, new media, and IoT-based businesses are consolidated by Brightcom Group globally, especially in the digital ecosystem. The company was ranked 400th in the Fortune India 500 list in 2020. Its clients include leading blue-chip advertisers. Brightcom Group’s renowned global presence includes the US, Israel, Latin America, ME, Western Europe, and Asia-Pacific regions.

Company nameBrightcom Group
IndustryDigital Marketing
Founded 2000
CountryIndia
Official websitebrightcomgroup.com

Key Metrics

Market Cap₹ 3,280.10
Sectoral Market Cap Rank25
Total Revenue₹ 5,017.36 crores (FY 2021-22)
Net Income₹ 912.20 crores (FY 2021-22)
Total Assets₹ 5,940.46 crores (FY 202-22)
Total Equity₹ 5,294.49 crores (FY 2021-22)
PE Ratio (x)2.40
Price to Book Ratio (x)0.59
EPS – TTM (₹)6.76
Primary ExchangeNSE / BSE
Stock – 52 Week High & Low₹ 69.80 / ₹ 9.35

Highlights of the Brightcom Group stock forecast are shown in the table below.

YearMinimum PriceMaximum Price
2023₹ 19₹ 40
2024₹ 35₹ 50
2025₹ 45₹ 70
2026₹ 60₹ 90
2027₹ 80₹ 120
2028₹ 110₹ 150
2029₹ 140₹ 180
2030₹ 180₹ 250
2040₹ 1,300₹ 1,650

Important Note: These are “Brightcom Group” stock forecasts and are for reference purposes only. Short-term and long-term Brightcom Group share price targets could differ materially from the estimates due to the different time series analysed. These forecasts are valid only when there is positive market sentiment. This analysis does not incorporate any uncertainties in the company or global market conditions.

Past Performance of the Brightcom Group Limited

When we analyse the past performance of Brighton Group Limited, its earnings have grown at an average annual rate of 29.5%. In comparison, the media and service industries grow at an average rate of 11.7% per year.

Key information

Earning growth rate29.5%
Interactive Media and Services Industry Growth12.5%
EPS growth rate5.8%
Revenue growth rate26.1%
Return on equity22.1%
Net margin18.8%

Earnings and Revenue History

✅Brightcom Group Limited has high-quality earnings. The company’s current net profit margin is 18.6%, which is higher than last year’s 17.9%.

Past Earnings Growth Analysis

Earnings Trend: If we analyse the company’s earnings, they have grown significantly by 29.5% annually over the past 5 years.

Accelerating Growth: The company’s growth in the previous year was 64.6%, which exceeds its 5-year average of 29.5% per year.

Company Earnings vs. Industry Earnings: The company’s earnings growth from the previous year (64.60%) also exceeded its industry’s (2.10%-interactive media and services) earnings growth.

Company Earnings vs. Market Earnings: The company’s earnings growth from the previous year (64.6%) also exceeded its market earnings growth (18.40%).

Return on Equity (ROE)

✅The company had a high ROE of 22.10% during the previous year. On the other hand, the industry has an ROE of only 9.6%.

Return on Assets (ROA)

✅The company had a ROA of 19.4%, while the industry had only 6.6%.

Return on Capital Employed (ROCE)

✅Last year, the company had a ROCE of 30.7%. On the other hand, the industry had 18.5%.

The financial health of Brightcom Group Limited

The financial position of the company

Short-term liabilities: The short-term assets of Brightcom Group Ltd. exceed its short-term liabilities. Which is a good sign.

Long-term liabilities: The short-term assets of Brightcom Group Ltd. exceed its long-term liabilities. 

Debt analysis

Debt Level: The company had a debt of only Rs 99.93 crore during FY 2021–22.

Debt Equity Ratio: The company had a debt-to-equity ratio of 6% during FY 2021–22.

Brightcom Group Limited’s stock forecast for the upcoming years

Brightcom Group’s share price target for 2023

Brightcom Group’s stock will see more growth this year. As per our forecast stock price, the minimum price of company shares will be ₹ 19 and the maximum ₹ 40 by the end of this year.

YearMinimum PriceMaximum Price
2023₹ 19₹ 40

Brightcom Group’s share price target for 2024

The company will have good opportunities for growth in 2024, due to which its revenue is expected to increase and perform well. As per our forecast method, the stock of the company will also see growth and will be able to give good returns to its investors. This year, the minimum price will be ₹ 35 and the maximum will ₹ 50. However, one must stay careful and vigilant enough to constantly monitor the rising market trends. You can make more money if you apply sufficient caution than you might have by investing in these stocks.

YearMinimum PriceMaximum Price
2024₹ 35₹ 50

Brightcom Group’s share price target for 2025

According to stock market knowledge and sound judgement of stocks, they can reach a maximum high of ₹ 70 and a maximum low of ₹ 45.

YearMinimum PriceMaximum Price
2025₹ 45₹ 70

Brightcom Group’s share price target for 2026

In 2026, the company share price will be ₹ 60 and the maximum will be ₹ 90. However, before responding to these recommendations for any stock, you must do your own research and analysis. Trading and investing involve significant risk, so consult a financial expert before making any decisions.

YearMinimum PriceMaximum Price
2026₹ 60₹ 90

Brightcom Group’s share price target for 2027

Brightcom Group stock is seeing growth in 2027 as well. According to our forecast, the stock can go up to a maximum of ₹ 120 and a minimum of ₹ 80 this year.

YearMinimum PriceMaximum Price
2027₹ 80₹ 120

Brightcom Group’s share price target for 2028

As per our analysis and considering the current and past market trends, the shares will go up to ₹ 150 and a minimum to ₹ 110.

YearMinimum PriceMaximum Price
2028₹ 110₹ 150

Brightcom Group’s share price target for 2029

In 2029, Brightcom Group Limited’s stock is expected to show good growth. This stock can give good returns to the investor. By the end of this year, the stock can go up to ₹180. This prediction is only valid if the market sentiment is positive. Any uncertainty in the company or global market conditions is not included in this analysis.

YearMinimum PriceMaximum Price
2029₹ 140₹ 180

Brightcom Group’s share price target for 2030

This year the minimum share price of Brightcom Group will be ₹ 180 and the maximum of ₹ 250 as per our stock forecasted methodology.

YearMinimum PriceMaximum Price
2030₹ 180₹ 250

Brightcom Group’s share price target for 2040

If we look at the stock prediction of the company till 2040, then it can go up to ₹ 1,650. However, one must be careful and vigilant to keep a constant eye on the growing trends of the market. If you are careful enough, you can earn more than what you invest in these stocks.

YearMinimum PriceMaximum Price
2040₹ 1,300₹ 1,650

ALSO READ: Bajaj Finance Stock Forecast for 2024, 2025, 2030, and 2040

Recommendations: Invest in Brightcom Group Limited stock or sell it?

As per our forecast stock analyst, there may be growth opportunities in the company’s shares in the coming years, and it is a good investment option. If you are good at personal finance and want to invest, then you can invest in this stock.

FAQ’s

The current PE ratio (price-earnings ratio) of Brightcom Group Limited is 2.40.

Brightcom Group Limited's share price saw a 52-week high of 69.80 and a 52-week low of ₹ 9.35.

According to our forecast, the share price of Brightcom Group Limited in 2024 can be at least ₹ 35 and, at its maximum, around ₹ 50.

According to our forecast, the share price of Brightcom Group Limited in the next five years can be at least ₹ ₹ 110 and at its maximum, around ₹ 150.

According to our forecast, the share price of Brightcom Group Limited in the next five years can be at least ₹ 180 and at its maximum, around ₹ 250.

Our forecasted stock analyst implies that there will be a positive trend in the future and that the Brightcom Group Limited shares might be good for investing to make money. If you are good with personal finance and are looking to invest, you can invest in this stock.

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