Operates as an out-of-home (OOH) advertising company with a Mumbai-centric footprint, monetising hoarding sites and digital LED billboards rented to brand advertisers. Multi-year public-infrastructure contracts are the main revenue backbone: a 7-year Western Railway contract worth INR60 cr covering 17,555 sq ft across 11 sites, and a 10-year CIDCO Navi Mumbai Metro Line 1 contract covering ~85,000 sq ft across 11 stations. The company also runs a small real estate segment. Beyond core OOH, it is diversifying into events, celebrity management, ad film, digital, cinema, PR and radio, targeting INR35-45 cr (20-25% of incremental FY26 revenue) from these new services, with a maximum INR5-10 cr investment. FY26 revenue from operations was INR153.03 cr, up 20.7% year-on-year, with reported ROCE of 17.49%. The biggest cost line is other operating expenses at 75% of revenue — primarily rental/lease on hoarding sites — guided to rise 10-15% in FY26 and FY27 on the new Western Railway and Metro wins. Employees cost 3.6% of revenue. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Advertising & Publicity (OOH hoardings, LED billboards, events, integrated media), Real Estate. Asset-light, Mumbai-centric OOH advertising with long-tenure public-infrastructure contracts and a new-events diversification push
| ₹ crore · consolidated | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 92 | 107 | 127 | 153 |
| EBITDA (ex other income) | — | — | — | — |
| margin % | — | — | — | — |
| Owners' profit | — | — | — | — |
| EPS, as reported (₹) | 6.94 | 11.45 | 13.11 | 12.26 |
| ROE % · ROCE % | — · 12.4 | — · 15.1 | — · 15.5 | — · 17.5 |
| Debt / equity (x) | — | — | — | — |
| Cash from operations | (7) | (18) | 5 | 4 |
| Capex | — | — | (6) | (1) |
| ₹ crore | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 47 | 41 | 65 | 57 | 70 | 63 | 91 |
| Profit before tax | 4 | 6 | 16 | 12 | 13 | 14 | 19 |
| Net profit | — | — | — | — | — | — | — |
| EPS (₹) | 2.88 | 3.01 | 8.43 | 12.53 | 13.68 | 11.54 | 12.98 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SIGNPOST INDIA LIMITED | 1,491 | 20.3 | 5.13 | 11.0 | 24.1 | 24.9 | — | 23.1 |
| Bright Outdoor Media Limited ◆ | 759 | 6.9 | — | — | — | 17.3 | — | — |
| R K SWAMY LIMITED | 474 | 20.9 | 1.79 | 8.5 | 8.4 | 9.7 | — | 13.1 |
| DIGICONTENT LIMITED | 140 | 114.9 | 3.80 | 6.6 | 2.2 | 3.4 | 14.4 | 2.0 |
| Chatterbox Technologies Limite | 56 | 11.0 | — | — |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 8 Sept 2026 · Newspaper ad published for Bright Outdoor Media 21st AGM | compliance | minimal | — | — |
| 5 Sept 2026 · Record date set for final dividend FY 2025-26 | corporate actions | medium | — | — |
| 3 Sept 2026 · Annual Report 2025-26 and 21st AGM Notice filed | board shareholder meetings | low | — | — |
| 3 Sept 2026 · Notice of 21st AGM on Sept 28, 2026 along with FY26 Annual Report | board shareholder meetings | low | — | — |
| 2 Sept 2026 · Board meeting outcome: Director's Report approved, AGM notice issued | board shareholder meetings | low | — | — |
| 27 Aug 2026 · CMD Dr. Yogesh Lakhani felicitated at SME Governance Summit 2026 | business updates | medium | — | — |
| 17 Jul 2026 · Bright Outdoor Media: Shareholders approve migration to BSE and NSE main board | board shareholder meetings | medium | — | — |
| 10 Jul 2026 · Registrar confirms no rematerialisation requests for Q1 FY27 | compliance | minimal | — | — |
| 2 Jul 2026 · Adds third premium hoarding at Mira-Bhayandar corridor | business updates | medium | — | — |
| 19 Jun 2026 · Postal Ballot Notice - Newspaper Publication Disclosure | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions |
| — |
| 17.6 |
| — |
| — |
| TOSS THE COIN LIMITED | 35 | 12.6 | — | — | — | 25.5 | — | — |
| SHARPLINE BROADCAST LIMITED | 28 | 1.1 | 0.53 | 1.7 | 15.0 | 16.9 | — | 24.5 |
| THINKINK PICTUREZ LIMITED | 27 | 9.5 | 0.18 | — | 0.9 | 1.1 | — | — |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.9 | 10.2 | 5 of 12 | 64% |
| ROCE | 17.3 | 10.0 | 4 of 11 | 70% |
| Revenue growth | 38.3 | 11.6 | 1 of 7 | 100% |
| Market cap | 759 | 32 | 2 of 12 | 91% |
| an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
