Bright Outdoor Media Eyes Growth as CMD Yogesh Lakhani Turns 63
As CMD Yogesh Lakhani turns 63, Bright Outdoor Media plans a main-board listing and digital expansion following strong financial growth.
As Dr. Yogesh Jiwanlal Lakhani, the Chairman and Managing Director of Bright Outdoor Media Limited, celebrates his 63rd birthday, the company stands at a pivotal turning point. The advertising powerhouse is preparing to enter a transformative new chapter, characterized by a strategic push into digital media and a significant move toward main-board listing.
A Strategic Leap to the Main Board
Since its listing on the BSE SME platform in March 2023, Bright Outdoor Media has been laying the groundwork for a much larger presence in the financial markets. The company is currently pursuing a proposed migration to the main board, alongside a planned listing on the National Stock Exchange (NSE). This transition, which is subject to regulatory and shareholder approvals, follows a period of robust financial performance.
The company recently presented this transition to shareholders via a postal-ballot process in June 2026, signaling its readiness to scale its corporate stature.
Strong Financial Momentum
The company's ambitions are backed by impressive upward trends in its financial filings. For the fiscal year 2025-26, Bright Outdoor Media demonstrated significant growth across key metrics:
- Revenue from Operations: Rose to ₹153.03 crore, up from ₹126.75 crore in FY2024-25.
- Total Income: Increased to ₹155.43 crore from ₹128.05 crore.
- Net Profit: Climbed to ₹24.05 crore, compared to ₹19.07 crore in the previous year.
- EBITDA: Reached ₹35.23 crore, showing a healthy rise from ₹27.38 crore.
While the core advertising services remain the primary engine of the company—generating ₹146.62 crore—the real-estate segment also contributed ₹6.41 crore to the total revenue.
Evolution from Static Hoardings to Digital Media
Under the leadership of Dr. Lakhani, the firm has successfully evolved from a traditional outdoor advertising business into a comprehensive media platform. A central pillar of this evolution is the aggressive expansion into digital outdoor advertising.
Key developments in their service offerings include:
- Digital Expansion: Growing the LED screen network to complement existing static outdoor inventory.
- Transit Advertising: Moving into new territories of mobile and transit-based media.
- Bright 360-degree Offering: An integrated approach that merges outdoor, digital, and various activation formats to provide holistic communication solutions.
As the company moves forward, its roadmap is clear: strengthening its digital footprint and expanding its media presence while navigating the regulatory path toward its main-board debut.