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Dish TV India

BST:DT0
Snowflake Description

Fair value with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DT0
BST
₹50B
Market Cap
  1. Home
  2. DE
  3. Media
Company description

Dish TV India Limited, together with its subsidiaries, provides direct to home and teleport services primarily in India. The last earnings update was 33 days ago. More info.


Add to Portfolio Compare Print
  • Dish TV India has significant price volatility in the past 3 months.
DT0 Share Price and Events
7 Day Returns
0%
BST:DT0
-1.7%
DE Media
-0.4%
DE Market
1 Year Returns
-
BST:DT0
-20.8%
DE Media
-6.2%
DE Market
DT0 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Dish TV India (DT0) 0% -8.9% -32.4% - - -
DE Media -1.7% 9.7% 10.3% -20.8% -29.1% -20.9%
DE Market -0.4% 0.7% 1.8% -6.2% 13.9% 7.5%
1 Year Return vs Industry and Market
  • No trading data on DT0.
  • No trading data on DT0.
Price Volatility
DT0
Industry
5yr Volatility vs Market

Value

 Is Dish TV India undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Dish TV India to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Dish TV India.

BST:DT0 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 15 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 9.5%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:DT0
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 8.6%
Media Unlevered Beta Simply Wall St/ S&P Global 0.77
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.772 (1 + (1- 35%) (67.18%))
1.073
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.073 * 8.6%)
9.45%

Discounted Cash Flow Calculation for BST:DT0 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Dish TV India is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:DT0 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 9.45%)
2019 8,291.36 Analyst x8 7,575.26
2020 8,562.14 Analyst x7 7,147.04
2021 10,782.50 Analyst x8 8,223.08
2022 13,117.00 Analyst x1 9,139.48
2023 14,630.23 Est @ 11.54% 9,313.43
2024 15,821.70 Est @ 8.14% 9,202.03
2025 16,734.48 Est @ 5.77% 8,892.30
2026 17,421.73 Est @ 4.11% 8,457.95
2027 17,934.48 Est @ 2.94% 7,954.89
2028 18,316.23 Est @ 2.13% 7,422.55
Present value of next 10 years cash flows ₹83,328.01
BST:DT0 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹18,316.23 × (1 + 0.23%) ÷ (9.45% – 0.23%)
₹198,999.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹198,999.32 ÷ (1 + 9.45%)10
₹80,643.40
BST:DT0 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹83,328.01 + ₹80,643.40
₹163,971.41
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹163,971.41 / 1,841.25
₹89.05
BST:DT0 Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:DT0 represents 0.01058x of NSEI:DISHTV
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.01058x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 89.05 x 0.01058
€0.94
Value per share (EUR) From above. €0.94
Current discount Discount to share price of €0.29
= -1 x (€0.29 - €0.94) / €0.94
69.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Dish TV India is available for.
Intrinsic value
>50%
Share price is €0.29 vs Future cash flow value of €0.94254
Current Discount Checks
For Dish TV India to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Dish TV India's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Dish TV India's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Dish TV India's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Dish TV India's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:DT0 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in INR ₹-5.95
NSEI:DISHTV Share Price ** NSEI (2019-06-26) in INR ₹27.4
Germany Media Industry PE Ratio Median Figure of 11 Publicly-Listed Media Companies 25.53x
Germany Market PE Ratio Median Figure of 425 Publicly-Listed Companies 19.49x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Dish TV India.

BST:DT0 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:DISHTV Share Price ÷ EPS (both in INR)

= 27.4 ÷ -5.95

-4.61x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dish TV India is loss making, we can't compare its value to the DE Media industry average.
  • Dish TV India is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Dish TV India's expected growth come at a high price?
Raw Data
BST:DT0 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts
127.6%per year
Germany Media Industry PEG Ratio Median Figure of 8 Publicly-Listed Media Companies 2.2x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.45x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Dish TV India, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Dish TV India's assets?
Raw Data
BST:DT0 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in INR ₹28.56
NSEI:DISHTV Share Price * NSEI (2019-06-26) in INR ₹27.4
Germany Media Industry PB Ratio Median Figure of 13 Publicly-Listed Media Companies 2.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.8x
BST:DT0 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:DISHTV Share Price ÷ Book Value per Share (both in INR)

= 27.4 ÷ 28.56

0.96x

* Primary Listing of Dish TV India.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dish TV India is good value based on assets compared to the DE Media industry average.
X
Value checks
We assess Dish TV India's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Media industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Media industry average (and greater than 0)? (1 check)
  5. Dish TV India has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Dish TV India expected to perform in the next 1 to 3 years based on estimates from 15 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
127.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Dish TV India expected to grow at an attractive rate?
  • Dish TV India's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Dish TV India's earnings growth is expected to exceed the Germany market average.
  • Dish TV India's revenue growth is positive but not above the Germany market average.
Annual Growth Rates Comparison
Raw Data
BST:DT0 Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:DT0 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 15 Analysts 127.6%
BST:DT0 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 15 Analysts 1.9%
Germany Media Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
Germany Media Industry Revenue Growth Rate Market Cap Weighted Average 3.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.6%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:DT0 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:DT0 Future Estimates Data
Date (Data in INR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-03-31 62,943 20,319 4,233 2
2021-03-31 64,731 21,346 4,119 15
2020-03-31 62,809 19,053 2,893 14
BST:DT0 Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-03-31 61,661 -11,449
2018-12-31 62,998 3,316
2018-09-30 63,966 62
2018-06-30 55,509 -355
2018-03-31 46,342 10,356 -750
2017-12-31 29,368 -377
2017-09-30 29,440 -266
2017-06-30 29,747 599
2017-03-31 30,144 8,215 921
2016-12-31 31,052 6,204
2016-09-30 31,287 6,622
2016-06-30 31,018 6,791

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Dish TV India's earnings are expected to grow significantly at over 20% yearly.
  • Dish TV India's revenue is expected to grow by 1.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:DT0 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below

All data from Dish TV India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:DT0 Future Estimates Data
Date (Data in INR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-03-31 2.30 2.30 2.30 1.00
2021-03-31 2.49 6.30 1.20 10.00
2020-03-31 1.63 2.10 1.10 7.00
BST:DT0 Past Financials Data
Date (Data in INR Millions) EPS *
2019-03-31 -5.95
2018-12-31 1.98
2018-09-30 0.04
2018-06-30 -0.26
2018-03-31 -0.70
2017-12-31 -0.36
2017-09-30 -0.27
2017-06-30 0.59
2017-03-31 0.86
2016-12-31 4.23
2016-09-30 6.22
2016-06-30 6.36

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Dish TV India is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Dish TV India's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Dish TV India has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Dish TV India performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Dish TV India's growth in the last year to its industry (Media).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Dish TV India does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Dish TV India's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Dish TV India's 1-year growth to the DE Media industry average as it is not currently profitable.
Earnings and Revenue History
Dish TV India's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Dish TV India Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:DT0 Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 61,661.30 -11,449.00
2018-12-31 62,997.50 3,315.50 4,231.00
2018-09-30 63,966.20 61.50 4,231.00
2018-06-30 55,509.10 -355.00
2018-03-31 46,341.60 -750.40 4,231.00
2017-12-31 29,367.90 -377.30 3,355.10
2017-09-30 29,439.90 -265.80 3,355.10
2017-06-30 29,747.00 599.30
2017-03-31 30,143.80 920.60 3,357.90
2016-12-31 31,051.90 6,204.00 2,998.40
2016-09-30 31,287.00 6,622.00 2,998.40
2016-06-30 31,018.30 6,790.80
2016-03-31 30,599.40 6,924.20 2,989.50
2015-12-31 30,831.40 2,445.70 6,482.50
2015-09-30 30,018.20 1,734.70 6,212.60
2015-06-30 28,999.20 723.20 4,247.10
2015-03-31 26,879.50 31.40 2,537.90
2014-03-31 25,089.70 -1,576.10 5,502.70
2013-03-31 21,668.00 -660.00 4,902.80

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Dish TV India has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Dish TV India has efficiently used its assets last year compared to the DE Media industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Dish TV India improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Dish TV India's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Media industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Dish TV India has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Dish TV India's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Dish TV India's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Dish TV India's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Dish TV India's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Dish TV India's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Dish TV India Company Filings, last reported 2 months ago.

BST:DT0 Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 54,582.40 33,890.70 1,706.80
2018-12-31 67,572.20 34,843.40 2,522.10
2018-09-30 67,572.20 34,843.40 2,522.10
2018-06-30 67,360.50 22,481.00 5,947.50
2018-03-31 67,360.50 34,008.70 5,630.00
2017-12-31 3,662.20 9,113.90 2,233.40
2017-09-30 3,662.20 9,113.90 2,233.40
2017-06-30 4,905.90 5,833.90 3,066.60
2017-03-31 3,970.20 11,369.20 3,070.50
2016-12-31 4,919.80 8,859.30 5,644.90
2016-09-30 4,919.80 8,859.30 5,644.90
2016-06-30 3,807.00 11,563.80 4,212.00
2016-03-31 3,807.10 12,312.80 4,212.00
2015-12-31 -1,707.40 7,715.80 3,091.20
2015-09-30 -1,707.40 7,715.80 3,091.20
2015-06-30 -3,133.80 479.50 4,286.10
2015-03-31 -3,133.80 15,050.40 4,286.10
2014-03-31 -3,126.00 14,241.20 3,926.30
2013-03-31 -1,555.80 16,455.50 6,426.70
  • Dish TV India's level of debt (62.1%) compared to net worth is high (greater than 40%).
  • Dish TV India had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Debt is well covered by operating cash flow (30.6%, greater than 20% of total debt).
  • Dish TV India is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Dish TV India's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Dish TV India has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Dish TV India's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.65%
Current annual income from Dish TV India dividends. Estimated to be 2.73% next year.
If you bought €2,000 of Dish TV India shares you are expected to receive €73 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Dish TV India's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.43%).
  • Dish TV India's dividend is below the markets top 25% of dividend payers in Germany (3.88%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:DT0 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 15 Analyst Estimates (S&P Global) See Below
Germany Media Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 5.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 328 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:DT0 Future Dividends Estimate Data
Date (Data in ₹) Dividend per Share (annual) Avg. No. Analysts
2022-03-31 0.73 2.00
2021-03-31 0.91 4.00
2020-03-31 0.54 3.00
BST:DT0 Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-02-05 1.000 3.007
2018-10-25 1.000 2.813

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether Dish TV India has stable dividend payments.
  • Dish TV India only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Dish TV India's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Dish TV India has not reported any payouts.
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.8x coverage).
X
Income/ dividend checks
We assess Dish TV India's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Dish TV India afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Dish TV India has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Dish TV India's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Anil Dua
COMPENSATION ₹35,575,814
AGE 52
TENURE AS CEO 2.1 years
CEO Bio

Mr. Anil Kumar Dua, B.Tech. (Mech.), PGDM (IIMA) has been Chief Executive Officer of Dish TV India Limited since May 17, 2017 and its Additional Executive Director since March 26, 2019. Mr. Dua served as Senior Vice President of Sales, Marketing & Customer Care at Hero MotoCorp Limited until June 24, 2014 and served as its Vice President of Sales & Marketing since April 16, 2006. He studied from IIT, Delhi and an MBA from IIM, Ahmedabad.

CEO Compensation
  • Insufficient data for Anil to compare compensation growth.
  • Anil's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Dish TV India management team in years:

7.7
Average Tenure
50.5
Average Age
  • The average tenure for the Dish TV India management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Jawahar Goel

TITLE
Chairman of the Board & MD
COMPENSATION
₹39M
AGE
64
TENURE
12.4 yrs

Anil Dua

TITLE
CEO & Additional Executive Director
COMPENSATION
₹36M
AGE
52
TENURE
2.1 yrs

Rajeev Dalmia

TITLE
Chief Financial Officer
COMPENSATION
₹19M
AGE
54
TENURE
12.4 yrs

Veerender Gupta

TITLE
Chief Technology Officer
AGE
49

Ranjit Singh

TITLE
Corporate Head of Secretarial
COMPENSATION
₹7M
AGE
40

Sukhpreet Singh

TITLE
Corporate Head of Marketing
AGE
46

Pushkar Kataria

TITLE
Chief Human Resources Officer
AGE
43
TENURE
1.8 yrs

Rajendra Jagnani

TITLE
Head of Commercial Audit & Contract Management
AGE
52

Gaurav Goel

TITLE
President of Business Development & Strategy
AGE
38
TENURE
7.7 yrs

Virender Tagra

TITLE
National Head of Commercial
AGE
58
Board of Directors Tenure

Average tenure and age of the Dish TV India board of directors in years:

4
Average Tenure
66
Average Age
  • The tenure for the Dish TV India board of directors is about average.
Board of Directors

Jawahar Goel

TITLE
Chairman of the Board & MD
COMPENSATION
₹39M
AGE
64
TENURE
3.7 yrs

Anil Dua

TITLE
CEO & Additional Executive Director
COMPENSATION
₹36M
AGE
52
TENURE
0.3 yrs

Bhagwan Narang

TITLE
Independent Non-Executive Director
COMPENSATION
₹530K
AGE
73
TENURE
12 yrs

Ashok Kurien

TITLE
Non-Executive Director
COMPENSATION
₹230K
AGE
68
TENURE
12 yrs

Rashmi Aggarwal

TITLE
Non-Executive Independent Women Director
COMPENSATION
₹350K
TENURE
4.3 yrs

Shankar Aggarwal

TITLE
Additional Independent Director
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Dish TV India's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Dish TV India has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Dish TV India Limited, together with its subsidiaries, provides direct to home and teleport services primarily in India. The company provides on demand and interactive television services; and infra support services, including set top boxes, dish antennas, low noise boxes, and call center and repairs services, as well as manages and installs consumer premise equipment. It distributes its products and services through a network of distributors and dealers. As of September 17, 2018, the company offered approximately 655 channels and services, including 40 audio channels, and 70 high definition channels and services under the Dish TV, Zing, and d2h brands. The company was incorporated in 1988 and is based in Noida, India.

Details
Name: Dish TV India Limited
DT0
Exchange: BST
Founded: 1988
₹640,710,072
1,841,253,953
Website: http://www.dishtv.in
Address: Dish TV India Limited
FC-19, Sector 16A,
Film City,
Noida,
Uttar Pradesh, 201301,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI DISHTV Equity Shares National Stock Exchange of India IN INR 18. Apr 2007
BSE 532839 Equity Shares Mumbai Stock Exchange IN INR 18. Apr 2007
OTCPK DTTV.Y GDR EACH REPR 1 SHS Pink Sheets LLC US USD 16. Apr 2018
BDL DISHT GDR EACH REPR 1000 INR1 'REGS' Bourse de Luxembourg LU USD 01. Dec 2009
BST DT0 GDR EACH REPR 1 SHS Boerse-Stuttgart DE EUR 16. Apr 2018
LSE DTVL GDR EACH REPR 1 SHS London Stock Exchange GB USD 16. Apr 2018
Number of employees
Current staff
Staff numbers
0
Dish TV India employees.
Industry
Cable and Satellite
Media
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 22:47
End of day share price update: 2019/06/26 00:00
Last estimates confirmation: 2019/06/25
Last earnings filing: 2019/05/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.