BCG · Brightcom Group Ltd · Business Services
BCG · Brightcom Group Ltd · Business Services
As of 05 Nov close
52-week range
42.8% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹1,752 Cr
Revenue YoY
PAT YoY
+24.1%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
0.2
P/S (TTM)
0.3
Sector P/E
Not available from data source
Dividend yield
0.0%
No peer comparison data on file for BCG.
Promoter
stable
FII
falling 2q
MF
0.15% (-0.02pp)
stable
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
No related news.
Concalls & investor presentations
AI-generatedKey takeaway: The investor presentation from Brightcom Group Limited for FY 2025-26 outlined the company's significant growth, reporting a 34.6% year-on-year increase in revenue, reaching ₹6,928.06 crore, and a 35.5% rise in profit after tax (PAT) to ₹962.33 crore. The presentation highlighted a strategic transition to a four-division operating model, enhancing accountability and scalability. Brightcom's core AdTech business remains a key driver, supported by advancements in programmatic advertising and AI technologies. The company also launched Brightcom Defence, expanding its portfolio into defense technologies. Management emphasized a commitment to operational excellence and sustainable growth, aiming to leverage its established global presence and technological expertise for future opportunities. The presentation noted ongoing regulatory proceedings and the establishment of a compliance review committee to address these matters.
Management emphasized strong financial growth and strategic advancements.
Sourced from an exchange-filed presentation, dated 19 Jun 2026. Summary is RedixFi-generated and distinct from investment advice.
AI Summary of Annual Report
AI-generatedBrightcom Group Limited (BCG) submitted its FY2024-25 annual report, highlighting ongoing regulatory and compliance challenges. The company faces material audit qualifications, including unresolved SEBI orders and pending disputes with tax authorities. Notably, the standalone financial statements received a qualified opinion due to issues like unverified opening/closing balances and disputes over past financial statements. Additionally, BCG has pending litigation and regulatory actions, including a show-cause notice from SEBI and unresolved tax appeals. The company also disclosed contingent liabilities and ongoing legal proceedings, though no defaults or liquidity crises were explicitly stated. Management expects continued growth in digital advertising, but risks remain tied to regulatory and compliance uncertainties.
- Material audit qualifications due to unresolved SEBI orders and disputes over past financial statements.
- Pending litigation and regulatory actions, including a show-cause notice from SEBI and unresolved tax appeals.
- Contingent liabilities and ongoing legal proceedings, though no defaults or liquidity crises were explicitly stated.
- Management expects continued growth in digital advertising but faces regulatory and compliance risks.
Key takeaway: Brightcom Group Limited faces significant regulatory and compliance challenges, including audit qualifications, pending SEBI actions, and unresolved tax disputes, which pose risks to its financial stability and operations despite management's growth expectations in digital advertising.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Auditor Qualification (3 items); Regulatory Action (4 items); Default / Covenant Breach (4 items); Investigation or enforcement mention (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Auditor Qualification
3 occurrencesRecent (last 12 months)
The auditor issued a qualified opinion on the standalone financial statements of Brightcom Group Limited as of March 31, 2025.
Earlier (1-3 years ago)
The company's investment in Ybrant Media Acquisition Inc has negative equity/net worth, indicating an impairment indicator, but the company has not impaired or created any provision against the value.
The company's investment in Ybrant Media Acquisition Inc. has negative equity/net worth, indicating an impairment indicator, but the company has not impaired or created any provision against the investment value.
Regulatory Action
4 occurrencesRecent (last 12 months)
SEBI issued a show-cause notice and a final order dated 06.02.2025 imposing penalties under various provisions of the SEBI Act. The company has appealed the confirmatory order dated 28th February, 2024 in SAT through appeal number 474 of 2024, which is pending.
Earlier (1-3 years ago)
The Secretarial Auditors’ Report for the Financial Year ended March 31, 2024, contains qualification(s) or adverse observations.
The Secretarial Auditors’ Report for the Financial Year ended March 31, 2023, contains qualification(s) or adverse observations.
Older (3+ years ago)
The company violated SEBI (LODR) Regulations, 2015 by delaying the appointment of a 6th director, leading to penalties from BSE and NSE totaling ₹448,400 each (inclusive of GST), though the penalties were waived after representations.
Default / Covenant Breach
4 occurrencesRecent (last 12 months)
The company has overdue statutory dues except Income Tax and TDS for more than six months with the appropriate authorities in India.
Earlier (1-3 years ago)
BRIGHTCOM GROUP LIMITED has overdue Income Tax and TDS dues for more than six months.
The company has overdue statutory dues for Income Tax and TDS for more than six months, and has disputes pending with authorities for various tax liabilities spanning multiple years.
Older (3+ years ago)
The company has statutory dues of Rs. 5,24,78,575/- for a period of more than six months from the date they became payable. Additionally, the company has pending disputes with various authorities including Service Tax, GST, and Income Tax, involving amounts up to Rs. 64,87,35,188.
Investigation or enforcement mention
2 occurrencesEarlier (1-3 years ago)
The Company has received an intimation from SEBI through its letter dated September 16, 2021, enforcing a Forensic Audit on the Company, and the same is in progress as on the date of this report. SEBI issued 2 Interim orders dated April 13, 2023 & August 22, 2023, in connection with the ongoing investigations and a Confirmatory Order was issued on February 28, 2024 in relation to the Interim Order dated August 22, 2023. The Company has submitted appeals with SEBI Appellate Tribunal (SAT) and the proceedings are ongoing.
Older (3+ years ago)
The company has received an intimation from SEBI through its letter dated September 16, 2021, enforcing a Forensic Audit on the Company, and the same is in progress as on the date of this report.
Routine disclosures
Internal Control Weakness
3 occurrencesRecent (last 12 months)
The company's internal financial control systems over financial reporting were found to be inadequate and not operating effectively as of March 31, 2025, based on the internal control criteria established by the Institute of Chartered Accountants of India.
Earlier (1-3 years ago)
Brightcom Group Limited's auditor, P R Chandra & Co, issued a qualified opinion stating that the company does not have adequate internal financial control systems over financial reporting as of March 31, 2024.
The auditor issued a qualified opinion stating that the company does not have adequate internal financial control systems over financial reporting, and such systems were not operating effectively as of March 31, 2023.
Contingent Liability
5 occurrencesRecent (last 12 months)
The company has disputed service tax liabilities for periods May 2008 to September 2011 and April 2014 to June 2017, with appeals pending before the Central Excise & Service Tax Appellate Tribunal, Hyderabad. It also has disputed GST liabilities for July 2017 to March 2021 and disputed income tax liabilities for various assessment years, with appeals pending before CIT(Appeals)/ITAT.
Earlier (1-3 years ago)
The company has disputed service tax liabilities for the periods May 2008 to September 2011 and April 2014 to June 2017, with appeals pending before the Central Excise & Service Tax Appellate Tribunal, Hyderabad. Additionally, there are disputed GST liabilities for July 2017 to March 2021 and disputed income tax liabilities for A.Y.2006-07 to A.Y.2013-14, with appeals pending before CIT(Appeals)/ITAT.
The company has a disputed service tax liability for the period May 2008 to September 2011, with an appeal made to the Central Excise & Service Tax Appellate Tribunal, Hyderabad.
Older (3+ years ago)
The company has a contingent liability related to a USD 4 Mn corporate guarantee for acquiring Lycos Inc, with negotiations ongoing to reduce and settle the account, including penalty and delay charges.
The company has a disputed service tax liability for the period May 2008 to September 2011, with an appeal made to the Central Excise & Service Tax Appellate Tribunal, Hyderabad.
Related-Party Transaction
5 occurrencesRecent (last 12 months)
The company entered into related party transactions during the financial year 2024-25, which were approved by the Board where necessary.
Earlier (1-3 years ago)
Brightcom Group Limited entered into related party transactions during the financial year 2023-24.
The company entered into related party transactions during the financial year 2022-23, which were approved by the Board.
Older (3+ years ago)
Brightcom Group Limited entered into related party transactions during the financial year 2021-22, which were approved by the Board where necessary.
The company has disclosed that it is in compliance with Sections 177 and 188 of the Companies Act, 2013 for related party transactions, and details of such transactions are disclosed in standalone financial statements.
Management & Board Governance
4 occurrencesRecent (last 12 months)
No Independent Director was appointed as Director of material subsidiaries of the company, including Dream Ad – Argentina, Online Media Solutions Limited, Israel, Frontier Data Management Inc. USA, from 4th May 2024 till 15th January 2025.
Earlier (1-3 years ago)
Mr. M Suresh Kumar Reddy, Chairman & Managing Director, resigned on August 27, 2023. The Company had unresolved compliants to the tune of 25.
Mr. M Suresh Kumar Reddy, Chairman & Managing Director and Mr. S L Narayana Raju, Chief financial officer of the Company have resigned from their respective positions on August 27, 2023 pursuant to the SEBI Interim order issued on August 22, 2023.
Older (3+ years ago)
The Company Secretary resigned during the year, and the CFO retired under superannuation on March 25, 2022. Mr. S L N Raju was appointed as CFO & Compliance Officer on July 25, 2022.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
2.15% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).