Image
SumanSpeaks Independent Capital Markets & Geopolitical Intelligence  |  sumanspeaks.blogspot.com Travel & Hospitality · Turnaround Watch Easy Trip Planners At ₹5.78: The Hotel Business Is Growing Faster Than The Old Business Is Shrinking Near its 52-week low, EaseMyTrip is quietly turning into a different company than the one that listed in 2021 — and the next few quarters will decide whether that transformation shows up in the profit line. Easy Trip Planners Ltd trades around ₹5.78, with a market capitalisation of approximately ₹2,300 crore. That is close to its 52-week low of ₹5.74. At first glance, that looks like a stock the market has simply given up on. Look closer, and a more interesting picture emerges. The balance sheet is clean. Revenue is still growing. And one part of the business — hotels and holiday packa...
Brightcom Group Ltd: Buy
CMP: Rs.32.75
T: Rs.41/46


πŸ’₯Revenue: ₹16.8b (up 53% from 2Q 2022).

πŸ’₯Net income: ₹3.21b (up 51% from 2Q 2022).

πŸ’₯Profit margin: 19% (in line with 2Q 2022).

πŸ’₯EPS: ₹1.59 (up from ₹1.22 in 2Q 2022).

Net profit of Brightcom Group rose 51.16% to Rs.320.68 crore in the quarter ended September 2022 as against Rs.212.15 crore during the previous quarter ended September 2021. Photo: Zee Business.

Sales rose 52.48% to Rs.1683.07 crore in the quarter ended September 2022 as against Rs.1103.78 crore during the previous quarter ended September 2021. 


Blocal exchange and Brightcom video player, the two new product technology introductions, early this year have started contributing significantly to the overall business growth. Photo: The Economic Times.

Ace investor Shankar Sharma, holds substantial stake in the company.

Company Profile:

Comments

Popular posts from this blog