Bright Outdoor

Has Bright Outdoor declared dividend?

Bright Outdoor Media Ltd has declared a 5% dividend, amounting to $0.50 per share, with an ex-date of September 19, 2024. While the dividend yield is low at 0.08%, the company has shown strong price performance, particularly over the 2-year period with a total return of 241.54%.

Bright Outdoor Media Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: Sep-19-2024<BR><BR>Dividend Yield: 0.08%.<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 25.0%, with a dividend return of 0%, resulting in a total return of 25.0%.<BR><BR>For the 1-year period, the price return was 24.32%, the dividend return was 0.11%, leading to a total return of 24.43%.<BR><BR>Over the 2-year period, the price return was 241.28%, with a dividend return of 0.26%, culminating in a total return of 241.54%.<BR><BR>In the 3-year period, there was no price return or dividend return, resulting in a total return of 0.0%.<BR><BR>For the 4-year period, both price and dividend returns were 0%, leading to a total return of 0.0%.<BR><BR>In the 5-year period, there were no returns, with both price and dividend returns at 0.0%.<BR><BR>Overall, Bright Outdoor Media Ltd has declared a dividend, and while the dividend yield is relatively low, the total returns over the 2-year period are notably high, indicating strong price performance. However, there have been no dividends paid in the shorter periods, suggesting a focus on capital appreciation rather than regular income distribution.

Who are the peers of the Bright Outdoor?

Bright Outdoor's peers include Sun TV Network, Zee Entertainment, Nazara Technologies, Saregama India, PVR Inox, and others. Bright Outdoor has below-average management risk and a 1-year return of 10.91%, lower than Nazara Technologies' 61.87% but higher than Vashu Bhagnani's -63.50%.

Peers: The peers of Bright Outdoor are Sun TV Network, Zee Entertainmen, Nazara Technolo., Saregama India, PVR Inox, Ent.Network, Hindustan Media, OnMobile Global, Vashu Bhagnani, and Madhuveer Com.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sun TV Network, Saregama India, and Nazara Technolo., while Average management risk is found at Zee Entertainmen, PVR Inox, Ent.Network, and the rest. Below Average management risk is noted for Bright Outdoor, Hindustan Media, OnMobile Global, Vashu Bhagnani, and Madhuveer Com. Growth is Excellent for Bright Outdoor and Good for Saregama India and Nazara Technolo., while Below Average growth is seen at Sun TV Network, Zee Entertainmen, PVR Inox, Ent.Network, Hindustan Media, OnMobile Global, Vashu Bhagnani, and Madhuveer Com. Capital Structure is Excellent for Sun TV Network, Zee Entertainmen, Nazara Technolo., and Saregama India, Good for Ent.Network, Average for Bright Outdoor and Vashu Bhagnani, and Below Average for PVR Inox, Hindustan Media, OnMobile Global, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nazara Technolo. at 61.87%, while Vashu Bhagnani has the lowest at -63.50%. Bright Outdoor's 1-year return of 10.91% is higher than that of Vashu Bhagnani but lower than Nazara Technolo. Additionally, peers with negative six-month returns include PVR Inox, Ent.Network, OnMobile Global, and Vashu Bhagnani.

Is Bright Outdoor overvalued or undervalued?

As of May 30, 2025, Bright Outdoor is considered very expensive and overvalued with a PE Ratio of 44.23, an EV to EBITDA of 31.59, and a PEG Ratio of 3.19, despite outperforming the Sensex with a 27.47% return over the past year.

As of 30 May 2025, the valuation grade for Bright Outdoor has moved from risky to very expensive, indicating a significant shift in its market perception. The company is currently considered overvalued. Key ratios include a PE Ratio of 44.23, an EV to EBITDA of 31.59, and a PEG Ratio of 3.19, all of which suggest that the stock is trading at a premium compared to its earnings growth potential.<BR><BR>In comparison to its peers, Bright Outdoor's PE Ratio is notably higher than Altius Telecom, which has a PE of 52.97, and significantly above Sagility India, which is rated fair with a PE of 33.73. This elevated valuation is further supported by a low dividend yield of 0.08% and a ROCE of 19.11%, which, while respectable, does not justify the high multiples. Additionally, Bright Outdoor has outperformed the Sensex over the past year, with a return of 27.47% compared to the Sensex's 7.55%, but this does not mitigate the concerns regarding its current valuation.

What is the bonus history of Bright Outdoor?

Bright Outdoor Media Ltd recently announced a bonus issue at a ratio of 1:2, with the record and ex-date set for July 18, 2025, meaning shareholders will receive one additional share for every two shares held.

Bright Outdoor Media Ltd has a recent bonus issue announced at a ratio of 1:2, with both the record date and ex-date set for July 18, 2025. This means that for every two shares held, shareholders will receive one additional share. This is the latest information regarding their bonus history. If you have any more questions about the company or its financial activities, feel free to ask!

What does Bright Outdoor do?

Bright Outdoor Media Ltd, a Micro Cap company in the Media & Entertainment industry, reported net sales of 307 Cr and a net profit of 60 Cr for December 2023. It was incorporated in 2005 and became a public company in 2022.

Overview: <BR>Bright Outdoor Media Ltd operates in the Media & Entertainment industry and is categorized as a Micro Cap company.<BR><BR>History: <BR>The company was originally incorporated in 2005 as "Bright Outdoor Media Private Limited" in Mumbai. It transitioned to a Public Limited company and changed its name to "Bright Outdoor Media Limited" on October 24, 2022. The latest quarterly results reported net sales and net profit for December 2023.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 307 Cr (Quarterly Results - Dec 2023) <BR>Most recent Net Profit: 60 Cr (Quarterly Results - Dec 2023) <BR>Market-cap value: INR 837 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: 45.00 <BR>Industry P/E: 32 <BR>Dividend Yield: 0.08% <BR>Debt-Equity: -0.14 <BR>Return on Equity: 13.05% <BR>Price to Book: 5.72 <BR><BR>Contact Details: <BR>No Company Details Available <BR>Registrar Address: Not available.

Who are the top shareholders of the Bright Outdoor?

The top shareholders of Bright Outdoor include Yogesh Jiwanlal Lakhani, who holds 69.73%, two Foreign Institutional Investors with a combined 8.0%, and Aegis Investment Fund, Pcc - Niveza, owning 7.98%. Individual investors account for 8.9%, with no pledged promoter holdings or mutual fund involvement.

The top shareholders of Bright Outdoor include the promoters, with Yogesh Jiwanlal Lakhani being the largest individual shareholder, holding 69.73% of the company. Additionally, there are two Foreign Institutional Investors (FIIs) that collectively hold 8.0%. The highest public shareholder is Aegis Investment Fund, Pcc - Niveza, which owns 7.98%. Individual investors also hold a combined total of 8.9%. There are no pledged promoter holdings or mutual fund schemes involved in the shareholding.

How big is Bright Outdoor?

As of 24th July, Bright Outdoor Media Ltd has a market capitalization of 851.00 Cr and reported net sales of 95.93 Cr and net profit of 12.83 Cr over the latest three quarters.

As of 24th July, <BR><BR>Market Cap: Bright Outdoor Media Ltd has a market capitalization of 851.00 Cr, classified as a Micro Cap.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest three quarters is 95.93 Cr, while the sum of Net Profit for the same period is 12.83 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2024, with Shareholder's Funds amounting to 146.21 Cr and Total Assets totaling 186.83 Cr.

When is the next results date for Bright Outdoor?

The next results date for Bright Outdoor is 14 November 2025.

The next results date for Bright Outdoor is scheduled for 14 November 2025.

How has been the historical performance of Bright Outdoor?

Bright Outdoor has shown significant growth in net sales and profitability, with net sales increasing from 24.04 Cr in Mar'21 to 126.75 Cr in Mar'25, and profit after tax rising from 1.08 Cr to 19.08 Cr during the same period. However, the company experienced a net cash outflow of 28.00 Cr in Mar'25, indicating a need for improved cash management.

Answer:<BR>The historical performance of Bright Outdoor shows significant growth in net sales and profitability over the years.<BR><BR>Breakdown:<BR>Bright Outdoor has demonstrated a strong upward trend in net sales, increasing from 24.04 Cr in Mar'21 to 126.75 Cr in Mar'25. Total operating income followed a similar trajectory, reaching 126.75 Cr in Mar'25, up from 24.04 Cr in Mar'21. The company's operating profit (PBDIT) also rose significantly, from 5.63 Cr in Mar'21 to 27.38 Cr in Mar'25, indicating improved operational efficiency. Profit before tax increased from 1.45 Cr in Mar'21 to 25.18 Cr in Mar'25, while profit after tax surged from 1.08 Cr to 19.08 Cr over the same period. The earnings per share (EPS) peaked at 8.74 in Mar'25, although it was higher at 11.02 in Mar'24. On the balance sheet, total assets grew from 101.21 Cr in Mar'20 to 187.55 Cr in Mar'25, while total liabilities remained relatively stable, increasing slightly from 101.21 Cr to 187.55 Cr. The company has eliminated long-term borrowings by Mar'25, reflecting a strong financial position. However, cash flow analysis indicates a net cash outflow of 28.00 Cr in Mar'25, contrasting with previous years of positive cash flow, suggesting a need for careful cash management moving forward.

Is Bright Outdoor technically bullish or bearish?

As of December 1, 2025, the trend is mildly bullish with mixed signals from indicators, including a bullish daily moving average and bearish weekly RSI, suggesting cautious bullish sentiment amid some longer-term bearish pressures.

As of 1 December 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish daily moving average and mildly bullish Bollinger Bands on both weekly and monthly time frames. However, the weekly MACD is bullish while the monthly MACD is mildly bearish, indicating mixed signals. The weekly RSI is bearish, suggesting some weakness in momentum. Overall, the indicators reflect a cautious bullish sentiment with some bearish pressures present in the longer time frames.

Why is Bright Outdoor Media Ltd falling/rising?

As of 17-Mar, Bright Outdoor Media Ltd's stock price is rising to 390.00, reflecting a 2.09% increase. This rise is supported by strong daily performance, despite recent declines over the past week and month, and an overall positive annual return of 33.69%.

As of 17-Mar, Bright Outdoor Media Ltd's stock price is rising, currently at 390.00, reflecting an increase of 8.0 (2.09%). This upward movement is supported by a strong performance today, where the stock outperformed its sector by 2.49% and opened with a significant gain of 5.99%. Additionally, the stock reached an intraday high of Rs 404.9, indicating positive trading activity.<BR><BR>Despite some recent challenges, such as a decline in performance over the past week and month, where the stock fell by 3.91% and 11.36% respectively, the year-to-date performance shows a smaller decline of 4.52%, which is better than the benchmark Sensex's decline of 10.74%. Furthermore, the stock has demonstrated a robust annual return of 33.69%, significantly outperforming the Sensex's 2.56% over the same period.<BR><BR>However, it is important to note that there are signs of erratic trading, with the stock not trading on 2 out of the last 20 days, and a notable drop in investor participation, as indicated by an 80.77% decrease in delivery volume compared to the 5-day average. Despite these factors, the current rise in stock price can be attributed to today's strong performance and the overall positive annual return, which may be attracting investor interest.

Why is Bright Outdoor Media Ltd falling/rising?

As of 18-Mar, Bright Outdoor Media Ltd's stock price is at 390.10, showing a slight increase but underperforming compared to its sector by 2.67%. Despite a recent two-day gain of 2.12%, the stock has declined 3.88% over the past week and 9.28% over the past month, with mixed signals from moving averages and decreased investor participation.

As of 18-Mar, Bright Outdoor Media Ltd's stock price is currently at 390.10, reflecting a slight increase of 0.1 (0.03%). Despite this minor rise, the stock has underperformed compared to its sector, with a performance that is 2.67% lower than the sector average today. Over the past week, the stock has seen a decline of 3.88%, and over the past month, it has dropped by 9.28%. <BR><BR>However, it is noteworthy that the stock has gained over the last two days, with a total return of 2.12% during this period. This recent upward movement comes despite the overall trend of falling investor participation, as evidenced by a 13.04% decrease in delivery volume compared to the five-day average. <BR><BR>In terms of moving averages, the stock is currently above the 200-day moving average but below the shorter-term moving averages (5-day, 20-day, 50-day, and 100-day), indicating mixed signals regarding its short-term performance. Overall, while there is a slight rise in the stock price today, the broader context shows a trend of decline over recent weeks and a lack of strong investor engagement.

Why is Bright Outdoor Media Ltd falling/rising?

As of 19-Mar, Bright Outdoor Media Ltd's stock price is at 382.00, down 2.08% after two days of gains. Despite a recent decline, the stock has outperformed the Sensex over the past month and year-to-date, although it shows short-term weakness relative to its moving averages.

As of 19-Mar, Bright Outdoor Media Ltd's stock price is falling, currently at 382.00, reflecting a change of -8.1 (-2.08%). This decline follows a trend where the stock has fallen after two consecutive days of gains. The stock opened with a loss of 2.08% today and touched an intraday low of Rs 382. Additionally, the stock's performance over the past week shows a decline of 2.82%, which is slightly worse than the benchmark Sensex's drop of 2.40%. <BR><BR>Over the past month, the stock has decreased by 8.83%, while the Sensex has fallen by 10.05%, indicating that the stock has performed relatively better than the benchmark in this timeframe. However, year-to-date, the stock is down 6.48%, compared to a 12.92% decline in the Sensex, suggesting a somewhat resilient performance relative to the broader market. <BR><BR>The stock's moving averages indicate that it is currently higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day moving averages, which may reflect short-term weakness. Furthermore, the sector, Miscellaneous, has also experienced a decline of 2.16%, contributing to the downward pressure on the stock. Despite these challenges, there has been a notable increase in investor participation, with delivery volume rising by 205.56% against the 5-day average, which may indicate some underlying interest in the stock despite its current price drop.

Why is Bright Outdoor Media Ltd falling/rising?

As of 20-Mar, Bright Outdoor Media Ltd's stock price is rising to 390.00, reflecting a 2.09% increase and outperforming its sector. Despite a decline in investor participation, the stock remains above its 200-day moving average, indicating a positive long-term trend.

As of 20-Mar, Bright Outdoor Media Ltd's stock price is rising, currently at 390.00, reflecting an increase of 8.0 or 2.09%. This upward movement is notable as the stock has outperformed its sector by 1.97% today. Additionally, the stock reached an intraday high of Rs 394.95, indicating strong trading activity at the beginning of the day.<BR><BR>Despite some erratic trading patterns, including a day without trading in the last 20 days, the stock remains above its 200-day moving average, suggesting a longer-term positive trend. However, it is important to note that the stock has experienced a decline in investor participation, with delivery volume dropping by 80% compared to the 5-day average, which could indicate some caution among investors.<BR><BR>Overall, the current rise in stock price can be attributed to today's performance, where it has shown resilience and strength in the face of broader market trends, as evidenced by its positive return compared to the Sensex.

Why is Bright Outdoor Media Ltd falling/rising?

As of 23-Mar, Bright Outdoor Media Ltd's stock price is stable at 390.00, with a recent short-term gain of 2.09% but a longer-term decline of 6.02% over the past month. The stock has shown strong performance over the past year with a 21.84% increase, but declining investor participation and volatility are impacting its current stability.

As of 23-Mar, Bright Outdoor Media Ltd's stock price is currently stable at 390.00, showing no change from the previous trading session. However, the stock has experienced a mixed performance over different periods. In the past week, it has risen by 2.09%, outperforming the Sensex, which fell by 3.72%. This short-term gain indicates some positive momentum.<BR><BR>Despite this recent uptick, the stock has faced challenges over longer periods. Over the past month, it has declined by 6.02%, and year-to-date, it is down 4.52%. The one-year performance shows a significant increase of 21.84%, contrasting with the Sensex's decline of 5.47%, suggesting that while the stock has had a strong year, it is currently experiencing volatility.<BR><BR>Today's trading activity reflects erratic patterns, with the stock not trading on one day out of the last 20. It reached an intraday high of Rs 394.95, a rise of 3.39%, but also touched a low of Rs 361.5, a decline of 5.37%. The weighted average price indicates that more volume was traded closer to this low price, suggesting a lack of strong buying interest at higher levels.<BR><BR>Additionally, there has been a notable decrease in investor participation, with delivery volume on 19 March falling by 80% compared to the 5-day average. This decline in trading activity may contribute to the stock's current stability at 390.00, as lower participation can lead to less confidence in price movements.<BR><BR>Overall, while Bright Outdoor Media Ltd has shown some recent gains, the overall trend indicates a struggle with longer-term performance and declining investor interest, which may explain the current stability in its stock price.

Why is Bright Outdoor Media Ltd falling/rising?

As of 24-Mar, Bright Outdoor Media Ltd's stock price is at 390.00, unchanged from the previous session. Despite a strong annual performance of 22.09%, recent trading shows volatility and declining investor interest, leading to stagnation in price.

As of 24-Mar, Bright Outdoor Media Ltd's stock price is currently at 390.00, showing no change from the previous trading session. The stock has experienced a mixed performance over various periods. In the last week, it has remained flat with a change of +0.00%, while over the past month, it has declined by 4.88%. Year-to-date, the stock is down by 4.52%, although it has shown a strong performance over the past year with an increase of 22.09%.<BR><BR>Today's trading activity indicates some volatility, with the stock reaching an intraday high of Rs 394.95, reflecting a rise of 3.39%, but also dipping to a low of Rs 361.5, which represents a decrease of 5.37%. The weighted average price suggests that more volume was traded closer to the low price, indicating a preference for lower price levels among investors.<BR><BR>Additionally, there has been a notable decline in investor participation, with delivery volume dropping by 80% compared to the 5-day average, which may contribute to the stock's lack of upward momentum. The stock is currently trading above its 200-day moving average but below its shorter-term moving averages, indicating a mixed technical outlook.<BR><BR>Overall, while the stock has shown resilience over the long term, recent trading patterns and declining investor interest suggest that it is facing challenges that may be contributing to its current stagnation in price.

Why is Bright Outdoor Media Ltd falling/rising?

As of 25-Mar, Bright Outdoor Media Ltd's stock price is currently at 375.40, reflecting a decline of 3.74%. The stock has underperformed the Sensex over the past week and month, with a year-to-date decrease of 8.09%, despite a positive return of 21.02% over the past year.

As of 25-Mar, Bright Outdoor Media Ltd's stock price is falling, currently at 375.40, which reflects a decrease of 14.6 or 3.74%. This decline is evident in the stock's performance over various periods; for instance, it has underperformed the benchmark Sensex by 3.77% over the past week and by 11.88% over the past month. Year-to-date, the stock has decreased by 8.09%, although it has shown a positive return of 21.02% over the past year and an impressive 261.14% increase over the last three years.<BR><BR>Today's trading activity indicates that the stock is not only trading lower than its moving averages across multiple time frames (5-day, 20-day, 50-day, 100-day, and 200-day) but also touched an intraday low of Rs 375.4. Additionally, the stock has exhibited erratic trading, having not traded on 2 out of the last 20 days. Despite a rise in investor participation, with a delivery volume increase of 233.33% on March 20, the overall market sentiment appears negative, contributing to the stock's decline.

Which are the latest news on Bright Outdoor?