Hidden Gem Below Rs 20: Multibagger small-cap stock locked in upper circuit on stellar results; declares dividend!

The stock gave multibagger returns of 365 per cent in just 2 years and over 700 per cent in 5 years.

Brightcom, a leading digital marketing company announced its Quarterly Results and annual results for the year ended March 31, 2023. Details below:

      Financial Highlights for the Q4FY23: 

• Total Revenue stood at Rs 1,367.92 crore, up 10.28 per cent over Q4FY22. 
• EBITDA stood at Rs 391.95 crore, up 2.52 per cent over Q4FY22.  
• Profit After Tax stood at Rs 229.15 crore, up 2.73 per cent over Q4FY22.  
• The EPS for Q4FY23 is Rs 1.14.  

Financial Highlights for FY23: 

• Total Revenue stood at Rs 7,396.77 crore, up 47.36 per cent over FY22.  
• EBITDA stood at Rs 2,166.08 crore, up 43.96 per cent over FY22.
• Profit After Tax stood at Rs 1,370.99 crore, up 50.30 per cent over FY22.
• The EPS for FY23 is Rs 6.79.
• In addition, it achieved an operating free cash flow of approximately Rs 436.76 crore.
• Furthermore, the company have declared Rs 0.10 per share with a face value of Rs 2 each.
• In the financial year 2022-2023, the company gave bonus shares in the ratio of 2:3 to its shareholders.

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On Thursday, one of the BSE Top Gainers on BSE, shares of Brightcom Group Ltd surged 5 per cent upper circuit to Rs 19.63 per share from its previous closing of Rs 18.70. The stock has a 52-week high of Rs 63 and a 52-week low of Rs 9.27. The shares of the company hit back-to-back upper circuits in the recent trading sessions.  

Originally founded in 2010 as Lycos Internet Ltd., the business changed its name to Brightcom Group Ltd. in 2018. Through its three main divisions, media (Ad-Tech and digital marketing), software services, and future technologies, the business serves direct marketers, brand advertisers, and marketing agencies on a global scale.

The stock gave multibagger returns of 365 per cent in just 2 years and over 700 per cent in 5 years. Do you have Brightcom Group Ltd stock in your portfolio?