Key Event Details
Bright Outdoor Media Limited's Chairman & Managing Director, Dr. Yogesh Lakhani, was felicitated by Shri Uday Samant, Cabinet Minister for Industries and Marathi Language, Government of Maharashtra, at the SME Governance Summit 2026. The event was held on August 26, 2026, at the BSE International Convention Hall, Mumbai.
Summit Participants
The Summit featured Shri Uday Samant as Chief Guest, along with Mr. Pradip Shah (Chairman and Non-Independent Non-Executive Director of Pfizer Limited) as Guest of Honour, and Mr. Deep Mani Shah (Chief General Manager at SEBI). The event was hosted by MentorMyBoard under the theme "Building Trusted, Scalable & Sustainable Listed SMEs" and brought together over 200 business leaders, including promoters and managing directors of listed SMEs, IPO-bound entrepreneurs, and governance practitioners.
Company Background and Operations
Bright Outdoor Media Limited is a leading Out-Of-Home (OOH) advertising company with 45 years of expertise, founded in 1980 and headquartered in Andheri, Mumbai. The company operates an extensive network of more than 490 hoardings across strategic geographies, including ownership of 50+ of Mumbai's 120+ digital LED billboards (Big Size). The company also trades hoardings acquired from government, semi-government, and private entities.
Strategic Initiatives
The company is the first in the world to install solar panels on hoardings, supplying electricity to Indian Railways through a joint venture partner. The company also has real estate operations that contribute to diversified revenue streams.
Financial Performance
In H2 FY26, the company reported:
- Total Revenue: ₹92.12 Cr
- EBITDA: ₹20.25 Cr
- Net Profit: ₹13.97 Cr
- EPS: ₹12.98
For full FY26, the company reported:
- Total Revenue: ₹155.43 Cr
- EBITDA: ₹35.23 Cr
- Net Profit: ₹24.05 Cr
- EPS: ₹12.26
Capital Market Status
The company was listed on the BSE SME platform on March 24, 2023, and is now progressing towards its proposed migration to the BSE Main Board, with the necessary process and documentation currently underway.
Management Commentary
Dr. Yogesh Lakhani stated: "The SME Governance Summit provided Team Bright an excellent platform to share our own governance journey on the BSE SME platform while also reflecting on the larger governance imperatives for India's growing SME ecosystem. For us, governance is not merely about compliance—it is about building transparency, accountability and institutional strength that can support sustainable growth and create enduring value for every stakeholder."
Disclaimer
The document includes forward-looking statements subject to risks and uncertainties including government actions, local, political or economic developments, technological risks, and other factors that could cause actual results to differ materially.