Bright Outdoor Media Ltd

Bright Outdoor Media Ltd

₹ 362 -1.12%
21 Jul - close price
About

Incorporated in 2005, Bright Outdoor Media Ltd is in the business of outdoor hoarding and real estate trading[1]

Key Points

Business Overview:[1][2]
a) The company provides advertising media services, focusing on Out of Home (OOH) media. Services include railway boards, panels, transfer stickers, cinema slides, promos, full train ads, digital LED screens, bus panels, full bus painting, kiosks, mall branding, billboards, mobile sign trucks, traffic booths, toll naka ads, gantry ads, and vinyl ads.

  • Market Cap 790 Cr.
  • Current Price 362
  • High / Low 450 / 310
  • Stock P/E 32.8
  • Book Value 85.0
  • Dividend Yield 0.14 %
  • ROCE 18.7 %
  • ROE 13.8 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has delivered good profit growth of 86.7% CAGR over last 5 years

Cons

  • Company has a low return on equity of 13.1% over last 3 years.
  • Company has high debtors of 188 days.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024 Mar 2025 Sep 2025 Mar 2026
36 45 47 41 65 57 70 63 91
31 38 41 36 48 44 56 48 72
Operating Profit 4 7 5 5 17 13 13 14 19
OPM % 13% 15% 11% 13% 26% 22% 19% 23% 21%
0 0 0 0 0 0 1 1 2
Interest 2 1 1 0 0 0 0 0 0
Depreciation 0 0 0 0 1 1 1 1 1
Profit before tax 3 6 4 6 16 12 13 14 19
Tax % 27% 25% 27% 25% 26% 25% 23% 26% 26%
2 4 3 4 12 9 10 10 14
EPS in Rs 1.51 2.74 1.41 2.01 5.43 4.19 4.56 4.62 6.40
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
71 24 50 92 107 127 153
64 19 44 79 84 101 120
Operating Profit 6 5 7 12 23 26 33
OPM % 9% 20% 13% 13% 21% 21% 21%
1 1 0 0 1 1 2
Interest 5 4 3 3 1 0 0
Depreciation 0 0 0 0 1 2 3
Profit before tax 2 1 4 10 22 25 32
Tax % 24% 27% 27% 26% 26% 24% 26%
2 1 3 7 16 19 24
EPS in Rs 2.25 1.39 1.70 3.40 7.36 8.75 11.02
Dividend Payout % 0% 0% 0% 0% 5% 4% 5%
Compounded Sales Growth
10 Years: %
5 Years: 45%
3 Years: 19%
TTM: 21%
Compounded Profit Growth
10 Years: %
5 Years: 87%
3 Years: 50%
TTM: 26%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 17%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 13%
Last Year: 14%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 5 5 10 14 15 15 22
Reserves 28 29 27 85 132 149 164
52 48 41 34 13 0 0
16 15 17 22 28 24 36
Total Liabilities 101 97 94 155 187 188 221
4 4 4 4 15 19 17
CWIP 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0
97 92 90 151 172 168 204
Total Assets 101 97 94 155 187 188 221

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
1 6 7 -12 -18 5 4
1 1 0 -19 8 -20 -1
-3 -7 -7 62 11 -14 -1
Net Cash Flow -1 0 -0 31 1 -28 1
Free Cash Flow 1 6 7 -12 -31 -1 3
CFO/OP 27% 135% 115% -81% -56% 44% 37%

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 238 633 264 183 214 173 188
Inventory Days
Days Payable
Cash Conversion Cycle 238 633 264 183 214 173 188
Working Capital Days 268 718 329 169 297 326 316
ROCE % 6% 9% 12% 15% 16% 19%

Insights

In beta
Mar 2023 Mar 2024 Mar 2025 Mar 2026
Corporate Clients
count

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LED/DOOH Displays (Total)
count
Permanent Employees
count
Total OOH Displays (Hoardings)
count
Cumulative Square Feet of Hoarding Space Sold
Lakh sq ft
Client Retention Rate
%
Mumbai Hoarding Market Share (by hoarding count)
%
Own Advertising Space
sq ft

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

4 Recently
Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
72.72% 72.72% 72.72% 69.76% 69.76% 69.76% 69.76%
0.00% 7.04% 7.18% 7.86% 8.00% 9.78% 7.05%
0.00% 0.00% 0.00% 0.00% 0.00% 0.71% 1.02%
27.29% 20.24% 20.10% 22.38% 22.24% 19.75% 22.18%
No. of Shareholders 423384814715643634535

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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