Bright Outdoor Media Ltd

Bright Outdoor Media Ltd

₹ 460 -2.13%
22 Nov - close price
About

Incorporated in 2005, Bright Outdoor Media Ltd is in the business of outdoor hoarding and real estate trading[1]

Key Points

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.

  • Market Cap 669 Cr.
  • Current Price 460
  • High / Low 572 / 381
  • Stock P/E 31.9
  • Book Value 106
  • Dividend Yield 0.11 %
  • ROCE 15.1 %
  • ROE 13.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 4.33 times its book value
  • Promoter holding has decreased over last quarter: -2.96%
  • Company has a low return on equity of 11.4% over last 3 years.
  • Company has high debtors of 214 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: Miscellaneous Industry: Miscellaneous

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
36 45 47 41 65 57
31 38 41 36 48 44
Operating Profit 4 7 5 5 17 13
OPM % 13% 15% 11% 13% 26% 22%
0 0 0 0 0 0
Interest 2 1 1 0 0 0
Depreciation 0 0 0 0 1 1
Profit before tax 3 6 4 6 16 12
Tax % 27% 25% 27% 25% 26% 25%
2 4 3 4 12 9
EPS in Rs 2.27 4.11 2.12 3.02 8.14 6.28
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
71 24 50 92 107 123
64 19 44 79 84 93
Operating Profit 6 5 7 12 23 30
OPM % 9% 20% 13% 13% 21% 24%
1 1 0 0 1 1
Interest 5 4 3 3 1 0
Depreciation 0 0 0 0 1 2
Profit before tax 2 1 4 10 22 28
Tax % 24% 27% 27% 26% 26%
2 1 3 7 16 21
EPS in Rs 3.38 2.09 2.56 5.10 11.02 14.42
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 64%
TTM: 40%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 147%
TTM: 193%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 3%
Return on Equity
10 Years: %
5 Years: %
3 Years: 11%
Last Year: 13%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 5 5 10 14 15 15
Reserves 28 29 27 85 132 140
52 48 41 34 13 4
16 15 17 22 27 27
Total Liabilities 101 97 94 155 187 186
4 4 4 4 15 19
CWIP 0 0 0 0 0 0
Investments 0 0 0 0 0 0
97 92 90 151 171 166
Total Assets 101 97 94 155 187 186

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 238 633 264 183 214
Inventory Days
Days Payable
Cash Conversion Cycle 238 633 264 183 214
Working Capital Days 399 1,132 499 298 341
ROCE % 6% 9% 12% 15%

Shareholding Pattern

Numbers in percentages

Mar 2023Sep 2023Mar 2024Sep 2024
72.72% 72.72% 72.72% 69.76%
0.00% 7.04% 7.18% 7.86%
27.29% 20.24% 20.10% 22.38%
No. of Shareholders 423384814715

* 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.

Click on the line-items to see the names of individual entities.

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