Brightcom Group Ltd
NSE: BCG BSE: 532368IT / Software
Incorporated in 2010, Brightcom Group Ltd (formerly Lycos Internet Ltd) offers digital marketing solutions to businesses, agencies and online publishers worldwide[1]
₹9.02
52W: ₹7.71 — ₹22
PE 8667 · Book ₹7.82 · +15% vs bookMarket Cap₹1,820 Cr
Stock P/E8667Price to Earnings
ROCE0.03%Return on Capital
ROE0%Return on Equity
Div. Yield0%Face Value ₹2
Strengths
- +Company is almost debt free.
- +Stock is trading at 1.14 times its book value
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −The company has delivered a poor sales growth of -2.14% over past five years.
- −Promoter holding is low: 18.4%
- −Company has a low return on equity of 0.22% over last 3 years.
- −Company has high debtors of 186 days.
Shareholding Pattern
Promoters18.38%
FIIs1.31%
DIIs0%
Public80.3%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 18.38% | 18.38% | 18.38% | 18.38% | 18.38% | 18.38% | 18.38% | 18.38% |
| FIIs | 9.39% | 9.01%▼0.4 | 8.01%▼1.0 | 8.01% | 8.01% | 1.59%▼6.4 | 1.67%▲0.1 | 1.31%▼0.4 |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 72.24% | 72.62%▲0.4 | 73.62%▲1.0 | 73.62% | 73.62% | 80.03%▲6.4 | 79.95%▼0.1 | 80.3%▲0.3 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 112.12 | 104.82 | 96.55 | 102.34 | 110.1 | 108.33 | 97.9 | 104.69 | 112.15 | 109.28 |
| Expenses | 111.08 | 104.76 | 110.84 | 102.28 | 109.99 | 108.15 | 97.66 | 104.2 | 112.08 | 109.17 |
| Operating Profit | 1.04 | 0.06 | -14.29 | 0.06 | 0.11 | 0.18 | 0.24 | 0.49 | 0.07 | 0.11 |
| OPM % | 0.93% | 0.06% | -14.8% | 0.06% | 0.1% | 0.17% | 0.25% | 0.47% | 0.06% | 0.1% |
| Net Profit | 0.63 | 0.01 | -9.42 | 0.05 | 0.07 | 0.06 | -0.13 | 0.06 | 0.23 | 0.05 |
| EPS ₹ | 0 | 0 | -0.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
AI Insights
Revenue Trend
TTM revenue at ₹424Cr, up 1.2% YoY. OPM at 0%.
Debt Position
Borrowings at ₹117Cr. Debt-to-equity ratio: 0.10x. Healthy balance sheet.
Institutional Flow
DIIs: 0% (-0.08pp change). FIIs: 1.31% (-7.59pp change). Promoters hold 18.38%.
Margin & Efficiency
ROCE declining from 4% (Mar 2014) to 0% (Mar 2025). Working capital days: 883.
Valuation
PE 8667x with 0.03% ROCE. Price is 15% above book value of ₹7.82. Dividend yield: 0%.
Recent Announcements
- Monthly Update 14 May - Brightcom completed Q1 2026 compliances and scaled Azerion publisher domains from 11 to 100+ in six months.
- Monthly Update 14 May - April update: compliance completed, four-division structure advances, and Azerion publisher domains scaled from 11 to 100+.
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 5 May - Submitted Regulation 74(5) certificate for quarter ended 31 March 2026; RTA address update pending.
- OMS Operational Updates 24 Apr - OMS scaled Azerion’s publisher network from 11 to 100+ domains in six months, announced 24 April 2026.
- Monthly Updates 6 Apr - Brightcom Group submits February-March 2026 monthly update on operations, governance reset, and regulatory submissions.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse