Brightcom Group Ltd

Brightcom Group Ltd

₹ 9.91 0.71%
02 Jul - close price
About

Incorporated in 2010, Brightcom Group Ltd (formerly Lycos Internet Ltd) offers digital marketing solutions to businesses, agencies and online publishers worldwide[1]

Key Points

Business Segments:
a) Ad-Tech & Digital Marketing (core earnings engine):[1]
The company offers digital marketing solutions across video, banners, email, search, social, mobile, display, CTV, etc to businesses, agencies and online publishers globally.
In FY26, consolidated revenue from operations grew 34.6% YoY to Rs.6,928.06 Cr and PAT
grew 35.5% YoY to Rs.962.33 Cr; Q4 FY26 revenue was Rs.1,596.64 Cr and PAT were Rs.207.83 Cr.[2] OMS remained active across programmatic, video, CTV, mobile, in-app, gaming advertising and publisher monetization, and continued rollout of 100% Fill Technology with server-side architecture, OpenRTB and Amazon TAM integrations. [3][4]
b) Software Development (9% in H1 FY25 vs 7% in FY22):[5][6]
The company is a global IT implementation
and outsourcing services provider. It specializes in digital media advertising and advanced technologies like AI, ML and IoT, using DSPs, SSPs, ad networks, DMPs and other monetization tools.
c) Brightcom Defence and Next-Gen Tech:[7]
In FY26, Brightcom introduced a four-division structure comprising AdTech, Services, Brightcom Defence, and NextGen Businesses. The company announced the incorporation of Brightcom Defence Private Ltd, along with the rollout of a digital platform and the expansion of technical teams. It also reported progress on UAV intelligence systems, real-time threat analytics, autonomous decision-support technologies, defence simulations, and the introduction of MaestroOS to select partners.
Additionally, Brightcom is advancing initiatives such as CQT Weapon Systems and Project DYNAMO. These represent new strategic growth opportunities, while AdTech continues to serve as the company’s primary earnings driver.[8]

  • Market Cap 2,000 Cr.
  • Current Price 9.91
  • High / Low 22.0 / 7.71
  • Stock P/E 33,329
  • Book Value 7.83
  • Dividend Yield 0.00 %
  • ROCE 0.02 %
  • ROE 0.00 %
  • Face Value 2.00

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 3.39% over past five years.
  • Promoter holding is low: 18.4%
  • Company has a low return on equity of 0.03% 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
111.89 152.54 112.12 104.82 96.55 102.34 110.10 108.33 97.90 104.69 112.15 109.28 106.31
106.07 142.06 111.08 104.76 110.84 102.28 109.99 108.15 97.66 104.20 112.08 109.17 106.57
Operating Profit 5.82 10.48 1.04 0.06 -14.29 0.06 0.11 0.18 0.24 0.49 0.07 0.11 -0.26
OPM % 5.20% 6.87% 0.93% 0.06% -14.80% 0.06% 0.10% 0.17% 0.25% 0.47% 0.06% 0.10% -0.24%
0.55 4.29 -0.87 0.09 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 0.10 0.10 0.07 0.07 0.07 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.03 0.03 0.03 0.03 0.02 0.02 0.02 0.02 0.02 0.02 0.01 0.01
Profit before tax 6.25 14.64 0.07 0.05 -14.39 0.04 0.09 0.16 0.22 0.47 0.05 0.10 -0.27
Tax % 32.00% 36.48% -800.00% 80.00% -34.54% -50.00% 22.22% 62.50% 163.64% 87.23% -340.00% 40.00% 0.00%
4.25 9.30 0.63 0.01 -9.42 0.05 0.07 0.06 -0.13 0.06 0.23 0.05 -0.28
EPS in Rs 0.02 0.05 0.00 0.00 -0.05 0.00 0.00 0.00 -0.00 0.00 0.00 0.00 -0.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
492 459 466 455 459 467 366 367 434 466 419 432
473 449 453 443 445 474 374 360 423 469 418 432
Operating Profit 19 11 14 13 14 -8 -8 7 11 -3 1 0
OPM % 4% 2% 3% 3% 3% -2% -2% 2% 3% -1% 0% 0%
11 0 -0 -0 -2 14 21 -2 4 4 0 0
Interest 19 16 15 15 13 6 0 0 0 0 0 0
Depreciation 11 2 1 1 1 1 0 0 0 0 0 0
Profit before tax 0 -7 -3 -4 -2 -1 12 4 14 1 1 0
Tax % -1,350% -13% -13% -19% 51% 25% 33% 55% 34% -15% 90% 83%
2 -7 -3 -3 -3 -1 8 2 9 1 0 0
EPS in Rs 0.02 -0.07 -0.03 -0.03 -0.03 -0.01 0.08 0.01 0.05 0.01 0.00 0.00
Dividend Payout % 0% -73% 0% 0% 0% -167% 31% 3,520% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -1%
5 Years: 3%
3 Years: 0%
TTM: 3%
Compounded Profit Growth
10 Years: 7%
5 Years: -63%
3 Years: -81%
TTM: 20%
Stock Price CAGR
10 Years: 3%
5 Years: -3%
3 Years: -31%
1 Year: %
Return on Equity
10 Years: 0%
5 Years: 0%
3 Years: 0%
Last Year: 0%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 95 95 95 95 95 95 102 404 404 404 404 404
Reserves 511 499 490 488 488 486 515 1,216 1,171 1,172 1,173 1,176
177 169 165 162 158 135 97 100 108 110 113 125
178 108 120 131 136 134 126 69 117 142 125 126
Total Liabilities 961 870 870 877 877 850 839 1,789 1,800 1,828 1,814 1,831
7 5 4 3 2 1 1 1 1 1 1 1
CWIP 0 0 0 0 0 0 0 0 0 0 0 0
Investments 511 511 509 509 509 509 509 678 678 678 678 678
443 354 357 365 366 340 329 1,111 1,121 1,149 1,136 1,153
Total Assets 961 870 870 877 877 850 839 1,789 1,800 1,828 1,814 1,831

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
65 4 10 2 -9 -8 -23 -456 21 -2 -3 -16
-0 -0 -0 -0 -0 0 -0 -0 -0 -0 0 -0
-64 -4 -10 -2 9 8 23 461 -25 1 3 16
Net Cash Flow 0 -1 0 -0 0 0 0 6 -4 -1 0 0
Free Cash Flow 64 4 10 2 -9 -8 -23 -456 21 -2 -3 -16
CFO/OP 346% 35% 75% 16% -64% 103% 267% -6,922% 206% 76% -581% -3,902%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 219 177 171 183 181 169 182 179 176 179 186 188
Inventory Days 0 0 0 0 0 0
Days Payable
Cash Conversion Cycle 219 177 171 183 181 169 182 179 176 179 186 188
Working Capital Days 137 131 122 124 129 133 203 1,034 846 790 883 868
ROCE % 2% 1% 2% 1% 1% 1% 2% 0% 1% 0% 0% 0%

Insights

In beta
Mar 2016 Jun 2017 Mar 2020 Mar 2022 Mar 2023 Aug 2024 Jun 2026
Number of Countries (Global Presence)
count

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Number of Ad Agency Relationships
count
Number of Publishers
count
Monthly Ad Impressions
Billion impressions/month
Number of Employees
count
Daily Ad Impressions
Billion impressions/day

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
18.43% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38% 18.38%
8.90% 9.53% 10.53% 10.70% 9.39% 9.01% 8.01% 8.01% 8.01% 1.59% 1.67% 1.31%
0.08% 0.11% 0.17% 0.15% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
72.57% 71.97% 70.92% 70.76% 72.24% 72.62% 73.62% 73.62% 73.62% 80.03% 79.95% 80.30%
No. of Shareholders 4,83,3675,36,4925,75,4056,62,4416,64,1426,46,2306,31,9306,31,9306,31,9306,01,5505,80,6985,67,604

* 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.

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