Debt-free penny stock below Rs 15: Board approves Brightcom Defence Pvt Ltd, centralises subsidiary funds, withdraws AGM fundraising resolutions, signs MoU with Project DYNAMO
DSIJ Intelligence-1 / 13 Oct 2025/ Categories: Penny Stocks, Trending
The stock is down by 35.33 per cent from its 52-week high of Rs 21.65 per share and up by 81.35 per cent from its 52-week low of Rs 7.72 per share.
On Monday, the shares of this penny stock plunged 2.71 per cent to Rs 14 per share from its previous closing of Rs 14.39 per share. The stock is down by 35.33 per cent from its 52-week high of Rs 21.65 per share and up by 81.35 per cent from its 52-week low of Rs 7.72 per share. The stock’s all-time high is Rs 117.75 per share.
The stock name is Brightcom Group Ltd.
The Board of Directors of Brightcom Group Limited approved two major strategic initiatives. First, it sanctioned the incorporation of Brightcom Defence Private Limited, a wholly-owned subsidiary based in Hyderabad focused on diversifying into Defence and Aerospace technologies, specifically through AI-driven command and decision-support systems. Second, the Board ratified a Memorandum of Understanding (MoU) with Project DYNAMO, Inc., a US-based humanitarian organisation, to integrate Brightcom’s defence-grade AI systems into global disaster relief and evacuation missions.
The Board also took steps to improve the Group's financial efficiency and resource allocation. A mechanism for centralising subsidiary funds was approved to streamline cash management and optimise resource allocation across the Group, aiming to improve liquidity and support new strategic investments. Concurrently, the Board decided to withdraw enabling resolutions for potential future fundraising from the upcoming Annual General Meeting's Notice, determining that such authorisations are not immediately necessary.
Finally, the Board conducted a business overview for the first half of FY2025–26. The company noted continued stability and positive traction in its global AdTech operations, citing strong advertiser/publisher relationships, improved campaign optimisation and progress in receivables management. This performance was achieved against the backdrop of moderate digital advertising market growth (6–8%) in key operating regions, driven by video and connected-TV ad spending.
About Brightcom Group Limited
Brightcom Group Limited is a global technology company with 27 years of experience in digital marketing, software and data platforms. Founded in 1998, the company has worked with major brands like Coca-Cola, Samsung and Vodafone, delivering digital campaigns across various platforms. Brightcom has grown through both organic expansion and strategic acquisitions of over 10 companies in the US, South America, Israel and Europe. While maintaining its leadership in the ad-tech space, Brightcom is now expanding into new sectors, including defence technology through its new division, Brightcom Defence. This new division focuses on aerospace intelligence, autonomous systems and AI-powered national security applications, with an emphasis on localised manufacturing and technology transfer to serve both India's defence ecosystem and international partners.
In FY25, the company reported net sales of Rs 5,147 crore and net profit of Rs 710 crore. The company has a market cap of over Rs 2,800 crore and as of March 2025, the company is debt-free. The stock has a PE of 4x, an ROE of 9 per cent and an ROCE of 12 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.