Bright Outdoor Media posts 26 per cent jump in FY26 net profit

MUMBAI: Billboards are clearly doing more than grabbing eyeballs for Bright Outdoor Media Limited. They are also lighting up the balance sheet. The out-of-home advertising company reported a strong FY26 performance, with net profit rising 26.06 per cent year-on-year to Rs 24.05 crore, while EBITDA climbed 28.68 per cent to Rs 35.23 crore. Total income for the financial year stood at Rs 155.43 crore, marking a 21.38 per cent increase from Rs 128.05 crore in FY25.

Margins also saw an upward swing. EBITDA margin improved by 129 basis points to 22.66 per cent, while net profit margin rose to 15.47 per cent from 14.90 per cent a year earlier.

For the second half of FY26 alone, the company posted total income of Rs 92.12 crore, up 30.83 per cent from Rs 70.41 crore in H2 FY25. EBITDA for the period jumped 42.46 per cent to Rs 20.25 crore, while net profit rose 40.63 per cent to Rs 13.97 crore.

The Mumbai-headquartered company attributed the growth to steady demand in its core advertising business, expanding experiential media operations and traction in its real estate segment.

During H2 FY26, Bright Outdoor Media Limited organised the Bright Real Estate Expo 2026 in Borivali West, Mumbai, bringing together more than 25 developers and over 50 residential and commercial projects. Developers including Ajmera Realty & Infra India and Surbhi Group participated in the event.

The company also sharpened its focus on curated events and experiential media, executing six large-scale events across entertainment, education, fashion retail and real estate sectors over the last six months. The move reflects a wider strategy to position itself as a 360-degree media platform rather than remaining solely an outdoor advertising player.

Founded in 1980, Bright Outdoor Media Limited currently operates more than 400 hoardings across key markets, including ownership of over 50 of Mumbai’s 120-plus large-format digital LED billboards. The company also trades hoardings acquired from government, semi-government and private entities.

Its next growth chapter appears firmly tied to digital screens and integrated media solutions. The company said it plans to expand its Digital LED and DOOH portfolio across airports, metros and highways while scaling businesses across MICE, PR, activations and digital media services.

The company also highlighted its sustainability initiatives, noting that it became the first outdoor media company globally to install solar panels on hoardings supplying electricity to Indian Railways through a joint venture partnership.

Yogesh Lakhani, chairman and managing director, said the company remains focused on strengthening operational efficiency, expanding premium inventory and investing in technology-led media opportunities as it enters FY27.

For a company built on visibility, FY26 seems to have delivered exactly that, bigger screens, broader ambitions and brighter numbers.