Public Notice/Press Release
Bright Outdoor Media Gets Main Board Approvals
Bright Outdoor Media received BSE in-principle approval to migrate from the SME platform and announced its NSE Main Board listing scheduled for November 6, 2026.
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Investor Presentation
Q2 FY27
Investor Presentation
Q4 FY26
Investor Presentation
Q3 FY25
Media
Advertising & Media Agencies
746 Cr
Low Risk
29.9
7.9
0.6
4.1
450.00
323.00
Sales CAGR
Profit CAGR
ROE
ROCE

Bright Outdoor Media Ltd (BRIGHT) is currently trading at 342.00 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.
Bright Outdoor Media Limited is an Out-of-Home (OOH) advertising company promoted by Yogesh Jiwanlal Lakhani and Jagruti Yogesh Lakhani, offering wide-format hoardings, railway panels, bus and transit displays, kiosks and a growing digital LED billboard network in Mumbai; it also operates a real estate vertical for property sale, purchase and leave-and-license arrangements. Financially, the company reported half-year revenue from operations of Rs. 7,196.36 lakhs for H1 FY2027 (30 September 2026), up from Rs. 6,520.67 lakhs in H1 prior year, with PBT of Rs. 1,461.66 lakhs and PAT of Rs. 1,102.71 lakhs, implying robust mid-teens PAT margins and steady profitability in a recovery-driven OOH demand environment. Balance-sheet position shows substantive reserves and surplus of Rs. 17,358.43 lakhs and total equity of Rs. 19,540.75 lakhs as of 30 September 2026; however, operating cash conversion is weak with net cash from operations of only Rs. 58.59 lakhs in the half year, signalling working-capital pressure largely driven by higher trade receivables and investments in inventory and short-term advances. Strategically, Bright Outdoor Media is pursuing targeted network densification and infrastructure-led monetization via partnerships: the company expanded digital screens, operates nearly 45 LED billboards in Mumbai, and has active JVs to build solar panel structures with advertising displays under railway NINFRA policy — indicating diversification of revenue sources and asset-light infrastructure collaborations. Operationally the company shows concentration in Mumbai and rail-related opportunities, with recurring advertising revenues supplemented by a smaller real estate segment; the half-year results were reviewed and approved by the Board and received an unmodified limited review report from its statutory auditor, indicating governance and reporting normalcy.
Over the past 52 weeks, Bright Outdoor Media Ltd has traded between a low of ₹323.00 and a high of ₹450.00. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.
Bright Outdoor Media Ltd has a market capitalization of approximately 746.35. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.
Bright Outdoor Media Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 29.85 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.
Based on its market capitalization of 746.35 Cr, Bright Outdoor Media Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.
Bright Outdoor Media Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.
The Price-to-Earnings (PE) ratio of Bright Outdoor Media Ltd is 29.85. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.
The board approved migrating the company’s listing from the BSE SME Platform to the BSE Main Board and stated its intent to list equity shares on the NSE.
The board approved migrating its equity shares from the BSE SME Platform to the main boards of BSE Limited and the NSE main board, subject to approvals.