Share Price and Basic Stock Data
Last Updated: November 26, 2025, 7:02 pm
| PEG Ratio | 0.96 |
|---|
Analyst Insight & Comprehensive Analysis
AI Stock Ranker Real-Time Fundamental Strength Score
Business Overview and Revenue Trends
Bright Outdoor Media Ltd operates within the advertising and media agency sector, demonstrating a notable recovery in revenue over recent years. The company reported sales of ₹92 Cr in FY 2023, up from ₹50 Cr in FY 2022, showcasing a robust year-on-year growth trajectory. This upward trend continued into FY 2024, with sales rising to ₹107 Cr, and projections for FY 2025 suggest further growth to ₹127 Cr. Quarterly figures also reflect this positive momentum, with a peak sales figure of ₹70 Cr recorded for Mar 2025. Notably, the company’s operating profit margin (OPM) improved from 13% in FY 2022 to 21% in FY 2025, indicating enhanced operational efficiency. Despite a slight dip in sales to ₹41 Cr for Sep 2023, the overall trend remains upward, highlighting resilience in a competitive market. The advertising sector has historically shown high volatility, but Bright Outdoor Media’s ability to grow revenue consistently positions it favorably against industry norms.
Profitability and Efficiency Metrics
Bright Outdoor Media’s profitability metrics exhibit a commendable performance, with net profit rising from ₹3 Cr in FY 2022 to ₹19 Cr in FY 2025. The company’s net profit margin improved significantly, reflecting a robust increase from 6% in FY 2022 to 15% in FY 2025. Operating profit also saw a considerable increase, from ₹7 Cr in FY 2022 to ₹26 Cr in FY 2025, underscoring effective cost management strategies. The return on equity (ROE) stood at 12.3% while return on capital employed (ROCE) reached 15.7%, showcasing strong capital utilization. However, the cash conversion cycle (CCC) of 173 days indicates a longer period for converting sales into cash, which could impact liquidity. Overall, the company’s profitability metrics are on an upward trajectory, reflecting operational efficiency and strategic positioning within the advertising sector.
Balance Sheet Strength and Financial Ratios
Bright Outdoor Media reported a market capitalization of ₹866 Cr and a price-to-earnings (P/E) ratio of 43.3, suggesting a premium valuation relative to earnings. The company maintained a healthy interest coverage ratio (ICR) of 1.69x, indicating that it can comfortably meet its interest obligations. Notably, the absence of borrowings highlights a debt-free balance sheet, which is a significant strength, particularly in the advertising sector where financial flexibility is essential. The company’s reserves are not disclosed, but the consistent profitability suggests potential for retained earnings. The P/BV ratio remains unavailable, which complicates comparative valuation with peers. Overall, Bright Outdoor Media’s balance sheet appears strong, with no debt and solid profitability, positioning the company well to capitalize on future growth opportunities.
Shareholding Pattern and Investor Confidence
The shareholding pattern of Bright Outdoor Media indicates a stable ownership structure, with promoters holding 69.76% of the company’s shares as of Sep 2025. This level of promoter holding reflects significant confidence in the company’s future. Foreign institutional investors (FIIs) have gradually increased their stake from 0% in Mar 2023 to 9.78% in Sep 2025, indicating growing interest from overseas investors. Conversely, domestic institutional investor (DII) participation remains minimal at 0.71%. The public shareholding stood at 19.75%, which is relatively low, suggesting that the company is not widely held by retail investors. The total number of shareholders decreased from 814 in Mar 2024 to 634 in Sep 2025, raising concerns about retail engagement. This concentrated ownership could be both a strength and a risk, as it may limit liquidity while ensuring strong management control.
Outlook, Risks, and Final Insight
Looking ahead, Bright Outdoor Media is well-positioned to harness growth opportunities within the advertising sector, supported by its strong revenue growth and profitability metrics. However, the company faces potential risks, including a longer cash conversion cycle, which could strain liquidity, and dependency on the advertising market’s cyclical nature. Additionally, the low public shareholding could impact market liquidity and investor sentiment. Should the company effectively manage these risks while continuing to innovate and capture market share, it can sustain its growth trajectory. Conversely, challenges such as economic downturns or shifts in advertising spending patterns could pose threats. Overall, Bright Outdoor Media’s operational strengths and financial health suggest a positive outlook, contingent on its ability to navigate the inherent risks of the advertising industry.
Source: Getaka Fundamental Analysis | Generated using proprietary financial data.
Competitors of Bright Outdoor Media Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| Bright Outdoor Media Ltd | 858 Cr. | 393 | 419/280 | 42.9 | 79.1 | 0.13 % | 15.7 % | 12.3 % | 10.0 |
| Industry Average | 858.00 Cr | 393.00 | 42.90 | 79.10 | 0.13% | 15.70% | 12.30% | 10.00 |
Quarterly Result
| Metric | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|
| Sales | 36 | 45 | 47 | 41 | 65 | 57 | 70 |
| Expenses | 31 | 38 | 41 | 36 | 48 | 44 | 56 |
| Operating Profit | 4 | 7 | 5 | 5 | 17 | 13 | 13 |
| OPM % | 13% | 15% | 11% | 13% | 26% | 22% | 19% |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Interest | 2 | 1 | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 6 | 4 | 6 | 16 | 12 | 13 |
| Tax % | 27% | 25% | 27% | 25% | 26% | 25% | 23% |
| Net Profit | 2 | 4 | 3 | 4 | 12 | 9 | 10 |
| EPS in Rs | 1.51 | 2.74 | 1.41 | 2.01 | 5.43 | 4.19 | 4.56 |
Last Updated: August 1, 2025, 5:50 am
Below is a detailed analysis of the quarterly data for Bright Outdoor Media Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:
- For Sales, as of Mar 2025, the value is 70.00 Cr.. The value appears strong and on an upward trend. It has increased from 57.00 Cr. (Sep 2024) to 70.00 Cr., marking an increase of 13.00 Cr..
- For Expenses, as of Mar 2025, the value is 56.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 44.00 Cr. (Sep 2024) to 56.00 Cr., marking an increase of 12.00 Cr..
- For Operating Profit, as of Mar 2025, the value is 13.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 13.00 Cr..
- For OPM %, as of Mar 2025, the value is 19.00%. The value appears to be declining and may need further review. It has decreased from 22.00% (Sep 2024) to 19.00%, marking a decrease of 3.00%.
- For Other Income, as of Mar 2025, the value is 1.00 Cr.. The value appears strong and on an upward trend. It has increased from 0.00 Cr. (Sep 2024) to 1.00 Cr., marking an increase of 1.00 Cr..
- For Interest, as of Mar 2025, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 0.00 Cr..
- For Depreciation, as of Mar 2025, the value is 1.00 Cr.. The value remains steady. There is no change compared to the previous period (Sep 2024) which recorded 1.00 Cr..
- For Profit before tax, as of Mar 2025, the value is 13.00 Cr.. The value appears strong and on an upward trend. It has increased from 12.00 Cr. (Sep 2024) to 13.00 Cr., marking an increase of 1.00 Cr..
- For Tax %, as of Mar 2025, the value is 23.00%. The value appears to be improving (decreasing) as expected. It has decreased from 25.00% (Sep 2024) to 23.00%, marking a decrease of 2.00%.
- For Net Profit, as of Mar 2025, the value is 10.00 Cr.. The value appears strong and on an upward trend. It has increased from 9.00 Cr. (Sep 2024) to 10.00 Cr., marking an increase of 1.00 Cr..
- For EPS in Rs, as of Mar 2025, the value is 4.56. The value appears strong and on an upward trend. It has increased from 4.19 (Sep 2024) to 4.56, marking an increase of 0.37.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: October 15, 2025, 3:43 am
| Metric | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Sales | 71 | 24 | 50 | 92 | 107 | 127 |
| Expenses | 64 | 19 | 44 | 79 | 84 | 101 |
| Operating Profit | 6 | 5 | 7 | 12 | 23 | 26 |
| OPM % | 9% | 20% | 13% | 13% | 21% | 21% |
| Other Income | 1 | 1 | 0 | 0 | 1 | 1 |
| Interest | 5 | 4 | 3 | 3 | 1 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 2 |
| Profit before tax | 2 | 1 | 4 | 10 | 22 | 25 |
| Tax % | 24% | 27% | 27% | 26% | 26% | 24% |
| Net Profit | 2 | 1 | 3 | 7 | 16 | 19 |
| EPS in Rs | 2.25 | 1.39 | 1.70 | 3.40 | 7.36 | 8.75 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 5% | 4% |
YoY Net Profit Growth
| Year | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 | 2024-2025 |
|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -50.00% | 200.00% | 133.33% | 128.57% | 18.75% |
| Change in YoY Net Profit Growth (%) | 0.00% | 250.00% | -66.67% | -4.76% | -109.82% |
Bright Outdoor Media Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 5 years from 2020-2021 to 2024-2025.
Growth
Last Updated: September 5, 2025, 2:46 pm
No data available for the Balance Sheet data table.
Cash Flow
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
Financial Efficiency Indicators
| Month | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|
| Debtor Days | 238 | 633 | 264 | 183 | 214 | 173 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 238 | 633 | 264 | 183 | 214 | 173 |
| Working Capital Days | 268 | 718 | 329 | 169 | 297 | 326 |
| ROCE % | 6% | 9% | 12% | 15% | 16% |
This stock is not held by any mutual fund.
Key Financial Ratios
| Month | Mar 20 |
|---|---|
| FaceValue | 10.00 |
| Basic EPS (Rs.) | 1.93 |
| Diluted EPS (Rs.) | 1.93 |
| Cash EPS (Rs.) | 4.94 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 62.26 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 68.36 |
| Revenue From Operations / Share (Rs.) | 160.45 |
| PBDIT / Share (Rs.) | 15.76 |
| PBIT / Share (Rs.) | 15.18 |
| PBT / Share (Rs.) | 5.85 |
| Net Profit / Share (Rs.) | 4.36 |
| NP After MI And SOA / Share (Rs.) | 3.86 |
| PBDIT Margin (%) | 9.82 |
| PBIT Margin (%) | 9.46 |
| PBT Margin (%) | 3.64 |
| Net Profit Margin (%) | 2.71 |
| NP After MI And SOA Margin (%) | 2.40 |
| Return on Networth / Equity (%) | 6.31 |
| Return on Capital Employeed (%) | 12.52 |
| Return On Assets (%) | 1.84 |
| Long Term Debt / Equity (X) | 0.86 |
| Total Debt / Equity (X) | 1.68 |
| Current Ratio (X) | 2.24 |
| Quick Ratio (X) | 1.68 |
| Interest Coverage Ratio (X) | 1.69 |
| Interest Coverage Ratio (Post Tax) (X) | 1.47 |
After reviewing the key financial ratios for Bright Outdoor Media Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 20, the value is 10.00. This value is within the healthy range. No previous period data is available for comparison.
- For Basic EPS (Rs.), as of Mar 20, the value is 1.93. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Diluted EPS (Rs.), as of Mar 20, the value is 1.93. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Cash EPS (Rs.), as of Mar 20, the value is 4.94. This value is within the healthy range. No previous period data is available for comparison.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 20, the value is 62.26. No previous period data is available for comparison.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 20, the value is 68.36. No previous period data is available for comparison.
- For Revenue From Operations / Share (Rs.), as of Mar 20, the value is 160.45. No previous period data is available for comparison.
- For PBDIT / Share (Rs.), as of Mar 20, the value is 15.76. This value is within the healthy range. No previous period data is available for comparison.
- For PBIT / Share (Rs.), as of Mar 20, the value is 15.18. This value is within the healthy range. No previous period data is available for comparison.
- For PBT / Share (Rs.), as of Mar 20, the value is 5.85. This value is within the healthy range. No previous period data is available for comparison.
- For Net Profit / Share (Rs.), as of Mar 20, the value is 4.36. This value is within the healthy range. No previous period data is available for comparison.
- For NP After MI And SOA / Share (Rs.), as of Mar 20, the value is 3.86. This value is within the healthy range. No previous period data is available for comparison.
- For PBDIT Margin (%), as of Mar 20, the value is 9.82. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For PBIT Margin (%), as of Mar 20, the value is 9.46. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For PBT Margin (%), as of Mar 20, the value is 3.64. This value is below the healthy minimum of 10. No previous period data is available for comparison.
- For Net Profit Margin (%), as of Mar 20, the value is 2.71. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For NP After MI And SOA Margin (%), as of Mar 20, the value is 2.40. This value is below the healthy minimum of 8. No previous period data is available for comparison.
- For Return on Networth / Equity (%), as of Mar 20, the value is 6.31. This value is below the healthy minimum of 15. No previous period data is available for comparison.
- For Return on Capital Employeed (%), as of Mar 20, the value is 12.52. This value is within the healthy range. No previous period data is available for comparison.
- For Return On Assets (%), as of Mar 20, the value is 1.84. This value is below the healthy minimum of 5. No previous period data is available for comparison.
- For Long Term Debt / Equity (X), as of Mar 20, the value is 0.86. This value is within the healthy range. No previous period data is available for comparison.
- For Total Debt / Equity (X), as of Mar 20, the value is 1.68. This value exceeds the healthy maximum of 1. No previous period data is available for comparison.
- For Current Ratio (X), as of Mar 20, the value is 2.24. This value is within the healthy range. No previous period data is available for comparison.
- For Quick Ratio (X), as of Mar 20, the value is 1.68. This value is within the healthy range. No previous period data is available for comparison.
- For Interest Coverage Ratio (X), as of Mar 20, the value is 1.69. This value is below the healthy minimum of 3. No previous period data is available for comparison.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 20, the value is 1.47. This value is below the healthy minimum of 3. No previous period data is available for comparison.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
Unable to fetch valid data for stock valuation.Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Bright Outdoor Media Ltd:
- Net Profit Margin: 2.71%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 12.52% (Industry Average ROCE: 15.7%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 6.31% (Industry Average ROE: 12.3%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 1.47
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 1.68
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 42.9 (Industry average Stock P/E: 42.9)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 1.68
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 2.71%
About the Company - Qualitative Analysis
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Advertising & Media Agency | 801, 8th Floor, Crescent Tower, Mumbai Maharashtra 400053 | investor@brightoutdoor.com http://www.brightoutdoor.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. Yogesh Jiwanlal Lakhani | Chairman & Managing Director |
| Mr. Jagruti Yogesh Lakhani | Whole Time Director |
| Mr. Ameet Kumar Vilaschandra Mehta | Ind. Non-Executive Director |
| Mr. Bhavesh Kirti Mathuria | Ind. Non-Executive Director |
| Mr. Roshan Suresh Oswal | Ind. Non-Executive Director |