Bright Outdoor Media Q4 FY26 Share Price & Earnings Call Analysis
- Market cap
- ₹705 Cr
- P/E
- 28.20
- ROE
- 13.77%
- PEG
- 0.56
- Price to sales
- 4.36
- Debt to equity
- 0.00
- 52W high / low
- ₹440 / ₹323
- Sales growth (5Y)
- 44.78%
- EBITDA margin
- 20.99%
- Net profit margin
- 15.73%
- Promoter holding
- 70.11%
- Sales (last year)
- ₹162 Cr
Incorporated in 2005, Bright Outdoor Media Ltd is in the business of outdoor hoarding and real estate trading[1]
Guidance scorecard · Q4 FY26 call
What Bright Outdoor Media Ltd's management guided
and where it ranks in Media
Media
RevenueQ1 FY26 call
20–40%- Industry size is approximately INR 3,600 crores, growing at 8%-10% annually, driven by post-COVID recovery and strong outdoor advertising demand.
- Company expects a 40%-45% overall revenue increase for the current financial year.
- About 20%-25% of this growth will come from diversification into events, celebrity management, ad film production, digital/social media, radio, TV, cinema branding, PR, and related services.
- The digital LED segment is gaining traction, contributing around 20% of revenue with margins of 20%-25%, expected to boost growth.
- Expansion plans include adding ~85,000 square feet of Navi Mumbai inventory and new tenders in Mumbai.
- Infrastructure growth projects like Mumbai Metro and Samruddhi highway provide further opportunities.
2 more points from Bright Outdoor Media Ltd's call on revenue
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MarginsQ1 FY26 call
Up 2%+See what Bright Outdoor Media Ltd said on margins — free account, 30 seconds.
CapexQ1 FY26 call
Planned- Plans to increase digital LED displays capacity, identifying prime locations including Navi Mumbai for an additional 5,000 sq ft capacity.
- Open to big tenders, including airport advertising, infrastructure projects like Samruddhi highway, Mumbai Metro, and Western Railway with a bank limit of INR60 crores for potential investments.
- New team from July 5 to handle print, radio, event management, awards, cinema, PR, celebrity, and digital to aim for 20%-25% growth; investment planned up to INR5-10 crores in this line with credit facilities from vendors.
2 more points from Bright Outdoor Media Ltd's call on capex
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FundraisingQ1 FY26 call
PlannedSee what Bright Outdoor Media Ltd said on fundraising — free account, 30 seconds.
Order bookQ1 FY26 call
Rising- Bright Outdoor Media Limited has recently won exclusive advertising rights across Navi Mumbai Metro Line 1 (CIDCO) covering about 85,000 sq. ft for 10 years.
- They secured a 7-year INR60 crore contract for Western Railways Bulk Advertising Rights, covering 17,555 sq. ft at prime locations.
- The company has launched 13 new LED billboards and 4 advanced digital LED displays, adding approximately 12,569 sq. ft to their portfolio.
- New tenders are opening post-permission delays in Mumbai; the company is actively bidding and forming joint ventures to expand its footprint.
- Their current operating advertising space is around 4 lakh sq. ft, expected to increase with the Navi Mumbai and Metro Line tenders.
2 more points from Bright Outdoor Media Ltd's call on the order book
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Ranges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Media
on management's own guidance
- 2
- Strong growth1
- Signpost IndiaGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Media companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹32 Cr | 11.6 | |
| 2 | Bright Outdoor Media LtdThis stock | 20–40% | Up 2%+ | ₹742 Cr | 29.7 |
| 3 | Signpost India | 20–40% | Up 0–2% | ₹1,350 Cr | 18.4 |
| 4 | 20–40% | Flat | ₹531 Cr | 31.8 | |
| 5 | 20–40% | Flat | ₹222 Cr | 14.0 | |
| 6 | 20–40% | Flat | ₹64 Cr | 18.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Media rankingFinancials of Bright Outdoor Media Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Financials of Bright Outdoor Media Ltd
Quarterly Results
Quarter-by-quarter operating performance
Financials of Bright Outdoor Media Ltd
Profit & Loss
Annual income statement trend
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales + | 71 | 24 | 50 | 92 | 107 | 127 | 153 |
| Expenses + | 64 | 19 | 44 | 79 | 84 | 101 | 120 |
| Operating Profit | 6 | 5 | 7 | 12 | 23 | 26 | 33 |
| OPM % | 9% | 20% | 13% | 13% | 21% | 21% | 21% |
| Other Income + | 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% |
| Net Profit + | 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% | 0% |
Financials of Bright Outdoor Media Ltd
Balance Sheet
Capital structure and asset base
| 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 |
| Borrowings + | 52 | 48 | 41 | 34 | 13 | 0 | 0 |
| Other Liabilities + | 16 | 15 | 17 | 22 | 28 | 24 | 36 |
| Total Liabilities | 101 | 97 | 94 | 155 | 187 | 188 | 221 |
| Fixed Assets + | 4 | 4 | 4 | 4 | 15 | 19 | 17 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 97 | 92 | 90 | 151 | 172 | 168 | 204 |
| Total Assets | 101 | 97 | 94 | 155 | 187 | 188 | 221 |
Financials of Bright Outdoor Media Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 1 | 6 | 7 | -12 | -18 | 5 | 4 |
| Cash from Investing Activity + | 1 | 1 | 0 | -19 | 8 | -20 | -1 |
| Cash from Financing Activity + | -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% |
Financials of Bright Outdoor Media Ltd
Ratios
Working capital efficiency and return ratios
| 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% |
Momentum score · price trend
17 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −18.2% | 40% |
| Last 6 months | −17.2% | 26% |
| Last 3 months | −11.0% | 42% |
The price is 26.6% below its all-time high of ₹440 (17 Feb 2026). Stocks more than 20% below their peak have their score halved, so 35 became 17.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For Bright Outdoor Media Ltd: 0.4 × 40 + 0.4 × 26 + 0.2 × 42 = 35, halved to 17 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What Bright Outdoor Media Ltd's management said in earlier quarters
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