Bright Outdoor Media Ltd (BRIGHT)

About

Bright Outdoor Media operates in advertising and media agencies within the consumer discretionary sector. With a market cap of ₹792.1 Cr, it competes in India's media services market. Consecutive dividend payments (2024, 2025) and a bonus (July 2025) signal cash-generative operations.

Face value: ₹10

Market cap

₹763 Cr

P/E

31.7×

P/B

—

Dividend yield

0.3%

ROE

—

ROCE

—

Debt / equity

—

OPM

21.5%

EPS (TTM)

₹11.0

Book value

—

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Unable to assess profitability and efficiency (PE, ROE, OPM, D/E all n/a) — verify recent financial performance and source of missing data
Stock down 0.9% over one year with 52-week range ₹322.4–₹440 — verify earnings outlook and whether current price reflects cycle trough or structural industry headwinds
FII holding fell from 9.78% (Sept 2025) to 7.05% (March 2026) — verify if signals institutional concern over profitability, valuation, or sector fundamentals

Generated analysis · source review pending

Growth drivers

Consecutive dividends (2024–2025) and bonus (July 2025) demonstrate cash generation; verify if surplus funds are reinvested in growth capex or returned to shareholders
Outdoor advertising market cycles with economic activity and urban development; verify if company is positioned in recovery phase (upside) or peak (downside) and trends in volumes
Digital advertising growth and industry consolidation create transformation opportunity; verify company's digital capabilities and strategic response

Generated analysis · source review pending

807 historical price candles were omitted because the exchange source has not been verified.

₹349.9+0.8%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 21.5%
+Comfortable interest coverage of 116.5×
+High promoter holding of 69.8% with no pledge

Cons

−Low dividend payout of 9.1% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

58/100

Business quality: 77
Valuation: 39

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Signpost India LimitedSIGNPOSTSIGNPOST	₹1,385 Cr	₹1,581 Cr	₹591 Cr	₹149 Cr	25.5%	₹74 Cr	12.2%	31.8%	27.6%	45
Bright Outdoor Media LtdBRIGHTBRIGHT	₹763 Cr	—	₹153 Cr	₹33 Cr	21.5%	₹24 Cr	15.7%	—	—	—
R K Swamy LimitedRKSWAMYRKSWAMY	₹437 Cr	₹437 Cr	₹347 Cr	₹46 Cr	12.8%	₹23 Cr	6.5%	12.4%	8.6%	-146
Digicontent LimitedDGCONTENTDGCONTENT	₹148 Cr	₹181 Cr	₹502 Cr	₹35 Cr	7.3%	₹1 Cr	0.2%	22.7%	2.5%	30
Liqvd Digital India LtdLIQVDLIQVD	₹108 Cr	₹117 Cr	₹16 Cr	₹1 Cr	6.7%	₹1 Cr	4.8%	25.5%	—	—
Century Business Media LtdCENTURYOOHCENTURYOOH	₹61 Cr	₹69 Cr	—	—	—	—	—	—	—	—
Chatterbox Technologies LtdCHTRCHTR	₹47 Cr	—	₹84 Cr	₹14 Cr	16.2%	₹9 Cr	10.9%	—	—	—
Toss The Coin LtdTTCTTC	₹31 Cr	—	₹15 Cr	₹4 Cr	24.5%	₹3 Cr	18.4%	—	—	—
Esha Media Research LtdESHAMEDIAESHAMEDIA	₹30 Cr	₹36 Cr	₹0 Cr	₹-0 Cr	-139.2%	₹0 Cr	20.7%	—	—	-102
Sungold Media and Entertainment LtdSMELSMEL	₹28 Cr	₹28 Cr	₹1 Cr	₹-0 Cr	-2.4%	₹0 Cr	2.4%	0.3%	0.2%	125
Thinkink Picturez LtdTHINKINKTHINKINK	₹27 Cr	₹27 Cr	₹9 Cr	₹-4 Cr	22.6%	₹-1 Cr	54.8%	1.2%	0.9%	4,347
Sharpline Broadcast LtdSHARPLINESHARPLINE	₹15 Cr	₹15 Cr	₹110 Cr	₹13 Cr	11.6%	₹2 Cr	7.2%	25.9%	23.1%	14

Loading peers…

Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	107	2	153
COGS	0	2	0
Gross profit	—	0	—
	84	0	120
Operating profit (EBITDA)	23	-0	33
OPM %	21.2%	-11.1%	21.5%
Depreciation	1	0	3
Interest	1	0	0
	1	0	2
Profit before tax	22	0	32
Tax	6	0	8
Tax %	25.6%	62.5%	25.7%
	16	0	24
PAT margin %	15%	3.2%	15.7%
EPS (₹)	11.5	0	12.3
	4.4%	2,500%	4.1%
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2024	Mar 2025	Mar 2026
Equity capital	—	—	—
Reserves	—	—	—
Borrowings	—	—	—
	187	38	221
Total equity & liabilities	187	38	221
Fixed assets	—	0	17
CWIP	—	—	—
Investments	0	0	0
	187	37	204
Total assets	187	38	221

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	-18	-1	4
	8	-0	-1
	11	0	-1
Net cash flow	1	-1	1
Free cash flow	-31	-1	3
CFO / Operating profit %	-79.7%	—	11%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 7,954%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 39,983%

Loading financials…

Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	7.9%	—
EBITDA margin %	21.2%	-11.1%	21.5%
EBIT margin %	20.2%	-12.6%	19.8%
PAT margin %	15%	3.2%	15.7%
Working capital
Receivable days	—	—	—
Inventory days	145	138	145
Payable days	—	—	—
NWC days	—	—	—
Leverage
Current ratio	3.99	2.68	5.58
Debt to EBITDA	—	—	—
Debt to equity	—	—	—
Interest coverage	38.2	0	116.5
Asset turnover	0.57	0.05	0.69
Return ratios
Return on assets %	8.6%	0.2%	10.9%
Return on capital employed %	15.1%	0%	30.1%
Return on equity %	—	—	—

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

Loading ratios…

Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2024	Mar 2025	Jun 2025	Sep 2025	Mar 2026
	69.76%	69.76%	69.76%	69.76%	69.76%
	7.86%	8%	9.78%	9.78%	7.05%
	0%	0%	0.5%	0.71%	1.02%
Government	0%	0%	0%	0%	0%
	22.38%	22.24%	19.96%	19.75%	22.17%
No. of shareholders	715	643	667	634	535

Promoter holding up 0 percentage points since Sep 2024.

Yogesh Jiwanlal LakhaniChairman & Non-Executive Director
Jagruti Yogesh LakhaniNon - Executive Non -Independent Director
Ameet Kumar Vilaschandra MehtaNon-Executive Director
Bhavesh Kirti MathuriaNon-Executive Independent Director
Roshan Suresh OswalNon-Executive Independent Director
Ms. Kajal A AvalaniNon - Executive Independent Director
Mr. Mukesh SharmaChief Executive Officer
Ms. Swetha P DabhiCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

Loading shareholding…

F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

Loading f&o…

Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Bright Outdoor Media Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

9

Loading documents…

Events

Upcoming dates and the company’s corporate-action history.

3

Final dividend21 Sept 2026 · ex-date₹0.5
Final dividend22 Sept 2025 · ex-date₹0.5
Final dividend19 Sept 2024 · ex-date₹0.5

1

Bonus 1:218 Jul 2025 · ex-date

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

9 announcementsExport CSV

27 Aug 2026, 2:48 pmCompany Update

Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015, We Are Enclosing Herewith The Business Update Of The Company.

General PDF

Date	Category	Subject	Filing
27 Aug 2026, 2:48 pm	Company Update General	Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements), Regulations, 2015, We Are Enclosing Herewith The Business Update Of The Company.	PDF

Loading announcements…

Bright Outdoor Media Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends3

Bonus issues1

Announcements

Ratio timeline

Quarterly record

Board and management

Dividends3

Bonus issues1

Not in the F&O segment

Announcements

Annual reports

No fund holdings on record

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

3

1

3

1