Debt-free penny stock below Rs 15 jumps as the company plans to form defence subsidiary & centralise subsidiary funds
DSIJ Intelligence-1 / 08 Oct 2025/ Categories: Penny Stocks, Trending
The stock has a PE of 4x, an ROE of 9 per cent and an ROCE of 12 per cent.
On Wednesday, the shares of this penny stock jumped 15.8 per cent Upper Circuit to Rs 15.12 per share from its previous closing of Rs 13.06 per share. The stock is down by 30 per cent from its 52-week high of Rs 21.65 per share and up by 96 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, an Indian digital technology company, is scheduled to meet on October 10, 2025, to review crucial structural and strategic matters. This meeting follows significant feedback and suggestions received from the company's stakeholders. A key item on the agenda is the company's move toward strategic diversification with the proposed formation of Brightcom Defence Private Limited, a wholly owned subsidiary. This new venture signals the company's intent to enter the high-growth next-generation Aerospace intelligence and autonomous aerial defence software markets, representing a major expansion beyond their existing digital technology focus. This move, if approved, would open up entirely new revenue streams and position the group in a high-tech, specialized industry.
The agenda also includes significant items aimed at improving corporate governance and financial efficiency. The Board will review a structured mechanism designed for the centralisation of funds from various subsidiaries back to the parent company. This is intended to create a more efficient cash management system and better support overall business growth and investment needs across the group. Furthermore, in a notable financial strategy update, the Board will consider the withdrawal of enabling resolutions (specifically, Resolution Nos. 5, 6, and 7) from the upcoming Annual General Meeting notice. These resolutions pertained to potential future fundraising efforts, and their proposed removal suggests that the current financial requirements or market conditions may have led the company to temporarily postpone or reconsider major capital-raising plans.
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 localized 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 3,900 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.