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    Bright Outdoor

    Mumbai-based Out-of-Home (OOH) advertising company operating static hoardings and digital LED (DOOH) billboards, railway/metro transit media and real estate leasing, expanding into celebrity, event and digital media services.

    Media, Entertainment & Publication
    Consumer Discretionary
    View 543831 earnings calls

    Overview

    Price

    Market Cap

    ₹791 Cr

    Sector

    Media, Entertainment & Publication

    Consumer Discretionary

    Rank

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital55101415152222
    Reserves28292785132149151164
    Borrowings5248413413000
    Other Liabilities1615172228242936
    Total Liabilities1019794155187188201221
    AssetsFixed Assets444415191817
    CWIP00000000
    Investments00000000
    Other Assets979290151172168183204
    Total Assets1019794155187188201221

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating167-12-1854
    Cash from Investing110-198-20-1
    Cash from Financing-3-7-76211-14-1
    SummaryCapital Expenditure
    Free Cash Flow167-12-31-13
    FCF Margin

    Valuation

    Assumptions

    Current — 543831
    Price
    ₹374
    EPS (TTM)
    ₹19.77
    PE (TTM)
    18.9
    Profit growth

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (34.7×) and current (18.9×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹374
    vs
    Fair value · 15% return
    ₹260
    30%Overvalued

    At 10% growth and a 19× exit, ₹374 only delivers your return if you pay ₹260. The price is currently baking in 17% growth.

    EPS grows 10%/yr for 5 years, then fades to 6% over 2, exits at 19×.

    YearGrowthEPS (₹)
    FY2710.0%21.75
    FY2810.0%23.92
    FY2910.0%26.31
    FY3010.0%28.95
    FY3110.0%31.84
    FY328.0% ·fade34.39
    FY336.0% ·fade36.45

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Bright Outdoor

    Guides on how to read this kind of business and the numbers that matter.