Bright Outdoor Media Reports 9.83% Revenue Growth in H1-FY2026

2 min read     Updated on 16 Nov 2025, 10:09 AM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Bright Outdoor Media Limited announced robust financial results for H1 FY2026. Total revenue increased by 9.83% to ₹63.31 crore, EBITDA grew by 13.80% to ₹14.98 crore, and net profit rose by 10.23% to ₹10.08 crore. The company expanded its digital LED billboard assets, added 12,000+ sq. ft. of new advertising inventory, and launched Bright360 Media Solutions. Bright Outdoor Media maintains a zero-debt status and secured partnerships for high-profile events.

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*this image is generated using AI for illustrative purposes only.

Bright Outdoor Media Limited , a pioneer in India's Out-of-Home (OOH) advertising landscape, has reported robust financial results for the first half of fiscal year 2026, showcasing significant growth across key metrics.

Financial Highlights

The company's performance for H1-FY2026 demonstrates strong momentum:

Metric Amount (₹ in crore) YoY Growth
Total Revenue 63.31 9.83%
EBITDA 14.98 13.80%
Net Profit 10.08 10.23%

Additionally, Bright Outdoor Media maintained healthy profitability with an EBITDA margin of 23.66% and a net profit margin of 15.91%.

Strategic Expansion and Innovations

The company's growth strategy has been multifaceted:

  1. Digital Asset Expansion: Bright has increased its digital LED billboard assets, now operating over 50 large-format Digital LED Billboards in Mumbai alone.

  2. Inventory Growth: Added 12,000+ sq. ft. of new advertising inventory, bringing the total footprint to 315,000 sq. ft. across 490 prime display units.

  3. Bright360 Media Solutions: Launched a new integrated brand experience offering, combining OOH, digital, print, radio, PR, influencer campaigns, and on-ground activations.

  4. Event Partnerships: Secured partnerships as the Official Outdoor Media Partner for high-profile events such as the ABP Network's India @2047 Summit, Filmfare, and major Navratri events.

Financial Stability

Bright Outdoor Media continues to maintain a zero-debt status, reflecting prudent financial management and fiscal discipline. This financial position, coupled with a real estate inventory and profit accumulation, positions the company for potential expansion.

Management Insights

Dr. Yogesh Lakhani, CMD of Bright Outdoor Media Limited, commented on the results: "Our H1 performance reflects the strength of our brand, our people, and our long-term vision. With consistent client trust and our strategic move toward digitization in outdoor advertising, Bright continues to redefine India's OOH landscape."

Mukesh Sharma, CEO, added: "As we step into the second half of FY25-26, we remain optimistic, backed by a pipeline of advertising projects, strategic partnerships, and the evolution of India's digital OOH ecosystem."

Looking Ahead

With its financial performance, strategic expansions, and innovative offerings, Bright Outdoor Media Limited appears positioned to capitalize on the OOH advertising market in India. The company's focus on digital transformation and integrated brand experiences aligns with market trends, potentially setting the stage for growth in the coming quarters.

Investors and industry observers may keep a close watch on how Bright Outdoor Media leverages its expanded digital assets and new service offerings to drive further growth and maintain its position in India's OOH advertising sector.

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Bright Outdoor Media Launches Advertising Spaces on Navi Mumbai Metro Line 1

2 min read     Updated on 11 Aug 2025, 01:42 PM
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Reviewed by
Shriram ShekharScanX News Team
Overview

Bright Outdoor Media Limited has launched advertising spaces on Navi Mumbai Metro Line 1, covering 85,000 sq. ft. across 11 stations. The company secured exclusive rights from CIDCO Ltd for 10 years. This expansion aligns with the company's growth strategy, especially considering the upcoming Navi Mumbai International Airport. Bright Outdoor Media, India's first listed OOH company, reported strong financial results with a total revenue of ₹128.05 crore and net profit of ₹19.07 crore.

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*this image is generated using AI for illustrative purposes only.

Bright Outdoor Media Limited , India's first listed Out-of-Home (OOH) media company, has announced that advertising spaces on Navi Mumbai Metro Line 1 are now live and available for bookings. This marks a significant milestone for the company in expanding its advertising reach in one of India's fastest-growing urban areas.

Exclusive Advertising Rights

The company has secured exclusive advertising rights from the City & Industrial Development Corporation of Maharashtra Limited (CIDCO Ltd) for a period of 10 years. This agreement covers an impressive 85,000 sq. ft. of premium advertising space across 11 metro stations, pillars, and viaducts.

Metro Stations Covered

The advertising displays are strategically installed across the following stations:

  1. Belapur Terminal
  2. RBI Colony
  3. Belpada
  4. Utsav Chowk
  5. Kendriya Vihar
  6. Kharghar Village
  7. Central Park
  8. Pethpada
  9. Amandoot
  10. Pethali-Taloja
  11. Pendhar

Strategic Importance

Dr. Yogesh Lakhani, Chairman & MD of Bright Outdoor Media Limited, highlighted the strategic importance of this project, stating, "We are thrilled to see Navi Mumbai Metro Line 1 glowing with Bright & Ronak Advertising boards. This brings together our industry expertise and innovation to create an unparalleled advertising ecosystem."

Dr. Lakhani also emphasized the potential impact of the upcoming Navi Mumbai International Airport, which is expected to boost metro traffic and enhance the value of these advertising spaces.

Financial Performance

Bright Outdoor Media Limited has reported strong financial results:

Financial Metric Amount (₹ in Cr)
Total Revenue 128.05
EBITDA 27.38
Net Profit 19.07
EPS (in ₹) 13.11

Company Background

Founded in 1980, Bright Outdoor Media Limited has established itself as a leader in India's OOH advertising industry with 45 years of expertise. The company operates a network of over 400 hoardings nationwide and owns 48 of Mumbai's 100-plus digital LED billboards.

Bright Outdoor Media offers a diverse range of advertising services, including railway boards, cinema slides, full train and bus advertisements, mobile sign trucks, kiosks, gantries, and vinyl displays. The company caters to various industries such as entertainment, construction, education, and government sectors.

Sustainability Initiatives

Notably, Bright Outdoor Media is pioneering sustainability in the OOH advertising space. It is the first company in the world to install solar panels on hoardings, supplying electricity to Indian Railways, demonstrating its commitment to eco-friendly practices.

Stock Market Listing

Bright Outdoor Media Limited made history by becoming India's first OOH media company to be listed on a stock exchange. The company debuted on the BSE SME platform on March 24, 2023.

With this latest expansion into the Navi Mumbai Metro Line 1, Bright Outdoor Media Limited continues to strengthen its position in the OOH advertising market, offering brands new opportunities to reach a growing urban audience.

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