Bright Outdoor Media FY26 Results: Net Profit Up 26.06% to ₹24.05 Cr, Revenue at ₹155.43 Cr
Bright Outdoor Media posted strong FY26 results with total income of ₹155.43 Cr (up 21.38% YoY), EBITDA of ₹35.23 Cr (up 28.68% YoY), and net profit of ₹24.05 Cr (up 26.06% YoY), with EPS at ₹12.26. H2 FY26 also showed robust growth, with EBITDA rising 42.46% and net profit climbing 40.63% year-on-year, supported by expansion in experiential events, real estate, and OOH advertising segments.

*this image is generated using AI for illustrative purposes only.
Bright Outdoor Media has announced its audited financial results for H2 FY26 and FY26, reporting strong year-on-year growth across all key metrics. For the full year FY26, the company posted total income of ₹155.43 Cr, EBITDA of ₹35.23 Cr, and net profit of ₹24.05 Cr, underscoring consistent operational execution across its media and allied business segments.
FY26 Full-Year Financial Performance
The company delivered broad-based growth in FY26, with EBITDA expanding 28.68% year-on-year and net profit rising 26.06% over the same period. The following table presents the full-year financial comparison:
| Particulars (₹ Cr): | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Total Income: | 155.43 | 128.05 | ↑ 21.38% |
| EBITDA: | 35.23 | 27.38 | ↑ 28.68% |
| EBITDA Margin: | 22.66% | 21.38% | ↑ 129 Bps |
| Net Profit: | 24.05 | 19.07 | ↑ 26.06% |
| Net Profit Margin: | 15.47% | 14.90% | ↑ 57 Bps |
The improvement in both EBITDA and net profit margins reflects better operational efficiency and an improved business mix during the year. EPS for FY26 stood at ₹12.26.
H2 FY26 Financial Performance
The second half of FY26 also demonstrated strong momentum, with total income growing 30.83% year-on-year. The table below summarises H2 FY26 performance against H2 FY25:
| Particulars (₹ Cr): | H2 FY26 | H2 FY25 | YoY Change |
|---|---|---|---|
| Total Income: | 92.12 | 70.41 | ↑ 30.83% |
| EBITDA: | 20.25 | 14.21 | ↑ 42.46% |
| EBITDA Margin: | 21.98% | 20.19% | ↑ 179 Bps |
| Net Profit: | 13.97 | 9.94 | ↑ 40.63% |
| Net Profit Margin: | 15.17% | 14.11% | ↑ 106 Bps |
H2 FY26 EBITDA growth of 42.46% and net profit growth of 40.63% on a year-on-year basis highlight the company's accelerating profitability in the second half of the fiscal year.
Management Commentary
Commenting on the performance, Dr. Yogesh Lakhani, CMD of Bright Outdoor Media Limited, said, "We are pleased to conclude FY26 on a strong note with Total Income crossing ₹155 Cr, supported by healthy growth across our advertising and allied business segments. During the year, EBITDA grew 28.68% YoY while Net Profit increased 26.06% YoY, reflecting better operational efficiency, improved business mix and consistent execution across our media portfolio."
Dr. Lakhani further noted that the core advertising business continued to witness steady demand, while the real estate segment recorded healthy traction through buying, selling, and leasing of prime properties. He added that the company remains focused on expanding its Digital LED and DOOH portfolio, strengthening media inventories across airports, metros, and highways, while scaling its presence across MICE, digital media, PR, and integrated communication services.
H2 FY26 Key Operational Highlights
During H2 FY26, Bright Outdoor Media achieved several notable operational milestones:
| Initiative: | Details |
|---|---|
| Bright Real Estate Expo 2026: | Three-day property showcase at Borivali West, Mumbai during the festive period of Gudi Padwa; featured 25+ leading developers and 50+ residential and commercial projects |
| Participating Developers: | Ajmera Realty & Infra India and Surbhi Group, among others |
| Curated Events Milestone: | Sixth curated event in the last six months, strengthening the experiential events portfolio |
| Sectors Covered: | Entertainment, education, real estate, and fashion retail |
| Service Expansion: | OOH, TV, Print, Radio, Digital, Cinema, PR, Activations, and marquee events |
The company also strengthened its premium OOH portfolio through a long-term strategic hoarding partnership during the period.
About Bright Outdoor Media
Founded in 1980 and headquartered in Andheri, Mumbai, Bright Outdoor Media is a leading name in India's Out-Of-Home (OOH) advertising industry with 45 years of expertise. The company operates a network of more than 400 hoardings across strategic geographies, including ownership of 50+ of Mumbai's 120+ digital LED billboards (Big Size). It is the first outdoor media company in India to be listed on a stock exchange, debuting on the BSE SME platform on March 24, 2023. Bright Outdoor Media is also recognised as the first in the world to install solar panels on hoardings, supplying electricity to Indian Railways alongside a JV partner.
Historical Stock Returns for Bright Outdoor Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | +2.56% | +1.77% | 0.0% | +19.63% | +271.43% |
How does Bright Outdoor Media plan to finance its expansion of Digital LED and DOOH portfolio across airports, metros, and highways, and what capital expenditure is anticipated for FY27?
Given the accelerating H2 FY26 growth momentum, can the company sustain 30%+ revenue growth in FY27 amid increasing competition from programmatic DOOH platforms and larger media conglomerates?
How might the company's real estate segment performance be impacted by potential cooling in India's property market, and what share of total revenue does this segment currently contribute?


































