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Bright Outdoor Media Ltd

BRIGHT

Bright Outdoor Media Ltd

BRIGHT
Communication ServicesAdvertising
SmallcapWith a market cap of ₹726 cr, stock is ranked 1,657
High RiskStock is 3.20x as volatile as Nifty
490.001.93% (-9.65)
490.001.93% (-9.65)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
Communication ServicesAdvertising
SmallcapWith a market cap of ₹726 cr, stock is ranked 1,657
High RiskStock is 3.20x as volatile as Nifty

How to use scorecard? Learn more

Communication ServicesAdvertising
SmallcapWith a market cap of ₹726 cr, stock is ranked 1,657
High RiskStock is 3.20x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
49.184.97
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
-144.0312.790.34%

Forecast & Ratings

Detailed Forecast 
Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

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Financial YearFY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue71.5224.9550.9091.94107.30112.37
Raw Materialssubtract0.000.000.000.000.0089.48
Power & Fuel Costsubtract0.100.090.070.060.00
Employee Costsubtract2.451.241.682.312.75
Selling & Administrative Expensessubtract1.940.551.092.590.74
Operating & Other expensessubtract59.8417.4441.1174.3780.53
Depreciation/Amortizationsubtract0.210.200.180.121.151.15
Interest & Other Itemssubtract4.733.983.192.890.581.78
Taxes & Other Itemssubtract0.530.390.982.515.515.18
EPS1.701.052.575.8911.5210.61
DPS0.000.000.000.000.000.00
Payout ratio0.000.000.000.000.000.00

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange

Peers & Comparison

Comparing 3 stocks from 
Communication ServicesAdvertising

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Bright Outdoor Media Ltd45.324.97
Affle (India) Ltd84.7210.08
Media Matrix Worldwide Ltd384.506.67
Praveg Ltd143.646.490.13%

Price Comparison

Compare BRIGHT with any stock or ETF
Compare BRIGHT with any stock or ETF
BRIGHT
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Shareholdings

Promoter Holdings Trend

Decreased Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has decreased by 2.96%

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

No institutional holdings trend are available

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding69.76%0.00%0.00%7.86%22.38%

Sep 2023

Dec 2023

Mar 2024

Sep 2024

Shareholding History

Dec '22MarSepDec '23MarSep0.00%0.00%7.04%6.74%7.18%7.86%

Insider Trades & Bulk Deals

Hmm, looks like there hasn't been any net deal activity in the last 6 months

smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

No Dividends

Dividends are the portion of earnings that a company distributes to all its shareholders every year

BRIGHT has not given any dividends in last 5 years

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 19, 2024

Final
Final | Div/Share: ₹0.50

Dividend/Share

0.50

Ex DateEx Date

Sep 19, 2024

News & Opinions
Spotlight
Bright Outdoor gains on bagging bulk advertising contract worth Rs 60 crore

This seven-year agreement grants Bright exclusive rights to develop 17,555 square feet of prime advertising real estate across Mumbai's Western suburbs. This landmark contract enables Bright to establish cutting-edge hoardings, including four advanced digital LED displays and seven front-lit static hoardings at 11 premier sites. These strategically located sites in high-traffic areas such as Kandivali ROB, Goregaon ROB, and Mrinal Tai Gore Flyover provide unparalleled visibility in Mumbai's thriving suburban markets. Commenting on the achievement, Dr. Yogesh Lakhani, CMD of Bright Outdoor Media, said, 'We are pleased to secure the prestigious Western Railways Bulk Advertising Rights contract, marking a significant milestone for us. This project not only reinforces our position as a premier OOH media company but also underscores the deep trust and faith Indian Railways places in our ability to deliver impactful, reliable, and innovative advertising solutions. The prime locations covered under this contract, including advanced digital LED displays and strategically placed static hoardings, have already started showcasing advertisements from prominent brands. These sites are delivering exceptional visibility in high-traffic areas, making them invaluable assets for advertisers and reflecting our commitment to excellence. Looking ahead, we are actively working on securing similar high-value projects in collaboration with Indian Railways and other esteemed partners. Such opportunities align with our vision of expanding our footprint and offering advertisers' unmatched visibility in prime markets. This partnership is a testament to the confidence placed in Bright by one of India's most respected institutions, and it serves as a foundation for future growth and success.' The company's array of service hoardings includes railway boards, railway panels, transfer stickers, cinema slides, promos, full train, bus panels, full bus painting, mobile sign truck, kiosks, traffic booths, toll naka, gantry, and vinyl. Apart from out-of-home (OOH) advertising and providing various novel communication solutions to clients, it also offers services assuring multicultural and ethnic outdoor advertising campaigns that engage audiences and achieve impact for every creative need, idea, and budget. Bright Outdoor Media standalone net profit zoomed 118.13% to Rs 9.14 crore on 38.75% jumped in revenue from operations to Rs 57.21 crore in Q2 FY25 over Q2 FY24.Powered by Capital Market - Live

3 days agoCapital Market - Live
Corporate
Bright Outdoor Media to discuss results

Bright Outdoor Media will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

1 month agoCapital Market - Live
Corporate
Bright Outdoor Media to conduct AGM

Bright Outdoor Media announced that the Annual General Meeting (AGM) of the company will be held on 26 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Bright Outdoor Media announces resignation of company secretary

Bright Outdoor Media announced the resignation of Shivani Mishra from the post of Company Secretary and Compliance Officer (Key Managerial Personnel) of the Company with effect from 16 August 2024. Powered by Capital Market - Live

4 months agoCapital Market - Live