Image Source: CMV360
In a major win for India’s out-of-home (OOH) advertising sector, Signpost India Ltd has been awarded exclusive advertising rights for 67 metro stations, marking one of the largest public transit media contracts in recent years. The agreement spans a 9-year tenure and carries an estimated revenue potential of ₹6–7 billion, positioning Signpost India as a dominant force in experiential and transit-based advertising.
The contract was awarded by the Bangalore Metro Rail Corporation Ltd (BMRCL) under a competitive bidding process, and includes rights to deploy digital and static media formats across key metro stations in Bengaluru. This strategic partnership is expected to transform the commuter experience while unlocking high-impact branding opportunities for advertisers.
Scope of the Contract
The 9-year agreement grants Signpost India exclusive rights to manage and monetize advertising assets across 67 metro stations, including:
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Digital billboards and LED panels
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Experiential zones and branded kiosks
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Interactive transit media formats
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Sponsorship opportunities for station branding and events
The stations span high-footfall zones across Bengaluru’s expanding metro network, including interchange hubs, business districts, and residential corridors. With daily ridership exceeding 600,000 passengers, the metro system offers advertisers unparalleled reach and frequency.
Signpost India will also be responsible for maintaining the aesthetics and operational integrity of the advertising infrastructure, ensuring compliance with BMRCL’s safety and design standards.
Leadership Commentary
Speaking on the development, Shripad Ashtekar, Founder and Managing Director of Signpost India, said:
“This partnership with BMRCL is a testament to our commitment to transforming urban spaces into immersive brand experiences. We believe metro stations are the new frontier for high-engagement advertising, and we’re excited to bring innovation, scale, and value to this platform.”
Ashtekar emphasized that the company will deploy cutting-edge digital technologies and data-driven media planning to optimize campaign performance for clients.
Financial Impact and Strategic Outlook
The ₹6–7 billion revenue potential over the contract period represents a significant boost to Signpost India’s topline. The company has already demonstrated strong growth, with 97.1% quarterly revenue expansion and a 10.6% profit margin as of Q2 FY26.
Analysts expect the metro advertising contract to contribute meaningfully to earnings starting Q4 FY26, with incremental revenue from long-term brand partnerships, seasonal campaigns, and government-sponsored awareness drives.
Signpost India’s stock (BSE: 544117) has shown resilience despite broader market volatility, and is currently trading near ₹230.06. The announcement is likely to improve investor sentiment and attract institutional interest.
Industry Context and Competitive Edge
Signpost India has emerged as a leader in main street DOOH (Digital Out-of-Home) advertising, with a portfolio that includes:
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Digital bus queue shelters
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Hybrid mobility solutions like e-bikes and traffic surveillance booths
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Airport and railway station advertising rights
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Smart city infrastructure branding
The metro contract further consolidates its position in the transit media space, where competition has intensified amid rising urbanization and digital transformation.
The company previously secured advertising rights for Mumbai Metro Lines 7 and 2A, and Chennai International Airport, showcasing its ability to manage large-scale public infrastructure projects3.
What’s Next
Signpost India is expected to begin deployment of advertising assets at Bengaluru metro stations by October 2025, with full rollout completed by Q1 2026. The company will also launch a dedicated media planning dashboard for advertisers, offering real-time analytics and campaign customization.
With this contract, Signpost India not only expands its footprint but also redefines the future of urban advertising in India—where transit hubs become storytelling platforms and brand engagement meets commuter convenience.
Sources: Rediff Money, Stock Price Archive, Media4Growth, Sign & Pop
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