Bright Outdoor Media Ltd
Incorporated in 2005, Bright Outdoor Media Ltd is in the business of outdoor hoarding and real estate trading[1]
- Market Cap ₹ 663 Cr.
- Current Price ₹ 456
- High / Low ₹ 572 / 231
- Stock P/E 41.3
- Book Value ₹ 100
- Dividend Yield 0.00 %
- ROCE 16.7 %
- ROE 16.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 201 to 157 days.
- Promoter holding has increased by 2.96% over last quarter.
Cons
- Stock is trading at 4.31 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.7% over last 3 years.
- Company has high debtors of 157 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.
Peer comparison
Sector: Media - Print/Television/Radio Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 71 | 24 | 50 | 92 | 107 | |
| 64 | 19 | 44 | 79 | 84 | |
| Operating Profit | 6 | 5 | 7 | 12 | 23 |
| OPM % | 9% | 20% | 13% | 13% | 21% |
| 1 | 1 | 0 | 0 | 1 | |
| Interest | 5 | 4 | 3 | 3 | 1 |
| Depreciation | 0 | 0 | 0 | 0 | 1 |
| Profit before tax | 2 | 1 | 4 | 10 | 22 |
| Tax % | 24% | 27% | 27% | 26% | 26% |
| 2 | 1 | 3 | 7 | 16 | |
| EPS in Rs | 3.38 | 2.09 | 2.56 | 5.10 | 11.02 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 64% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 147% |
| TTM: | 126% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 83% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| Last Year: | 16% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 5 | 5 | 10 | 14 | 15 |
| Reserves | 28 | 29 | 27 | 85 | 132 |
| 52 | 48 | 41 | 34 | 13 | |
| 16 | 15 | 17 | 22 | 27 | |
| Total Liabilities | 101 | 97 | 94 | 155 | 187 |
| 4 | 4 | 4 | 4 | 15 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 97 | 92 | 90 | 151 | 171 | |
| Total Assets | 101 | 97 | 94 | 155 | 187 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 1 | 6 | 7 | -12 | -18 | |
| 1 | 1 | 0 | -19 | 8 | |
| -3 | -7 | -7 | 62 | 11 | |
| Net Cash Flow | -1 | 0 | -0 | 31 | 1 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 238 | 633 | 264 | 183 | |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 238 | 633 | 264 | 183 | |
| Working Capital Days | 399 | 1,132 | 499 | 298 | |
| ROCE % | 6% | 9% | 12% |
Documents
Announcements
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Preferential Issue 22 May
- Statement Of Deviation Or Variation In The Use Of Proceeds Of Initial Public Offering 22 May
- Outcome Of The Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015 21 May
- Corporate Action-Board to consider Dividend 21 May
- Financial Results 31.03.2024 21 May
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.