Announcement • Jul 20
Jagran Prakashan Limited to Report Q1, 2027 Results on Jul 31, 2026 Jagran Prakashan Limited announced that they will report Q1, 2027 results on Jul 31, 2026 Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹63.41, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Media industry in India. Total returns to shareholders of 13% over the past three years. Buy Or Sell Opportunity • Jun 05
Now 31% undervalued Over the last 90 days, the stock has risen 5.4% to ₹66.81. The fair value is estimated to be ₹97.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 8.4% per annum. Earnings are also forecast to grow by 7.7% per annum over the same time period. Announcement • Jun 02
Jagran Prakashan Limited Announces Board Changes Jagran Prakashan Limited informed that the Extra-Ordinary General Meeting of the Members of the Company was held on May 29, 2026. The following resolutions were passed with requisite majority at the EGM: Removal of Ms. Divya Karani (DIN: 01829747) from the office of director of JPL; Removal of Mr. Shailendra Swarup (DIN: 00167799) from the office of director of JPL; Removal of Ms. Anita Nayyar (DIN: 03317861) from the office of director of JPL; Removal of Ms. Kemisha Soni (DIN: 06805708) from the office of director of JPL; Removal of Mr. Pramod Agarwal (DIN: 00038838) from the office of director of JPL; Removal of Mr. Shaalin Tandon (DIN: 01892562) from the office of director of JPL; Removal of Mr. Arun Anant (DIN: 02427545) from the office of director of JPL; Removal of Mr. Satish Chandra Mishra (DIN: 06643245) from the office of whole-time director of JPL. The implementation of the resolutions has been kept in abeyance till the outcome of Company Petition No.64/2023, pending before Hon'ble National Company Law Tribunal, Allahabad. Announcement • May 30
Jagran Prakashan Limited Declares Special Dividend for the Financial Year Ended March 31, 2026 Jagran Prakashan Limited announced at its Board Meeting held on May 28, 2026, declared an special dividend of INR 3 per equity share for the financial year ending March 31, 2026. Record date: May 28, 2026. Declared Dividend • May 30
Dividend increased to ₹10.00 Dividend of ₹10.00 is 67% higher than last year. Ex-date: 5th June 2026 Payment date: 27th June 2026 Dividend yield will be 13%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not adequately covered by earnings (100% earnings payout ratio). However, it is covered by cash flows (58% cash payout ratio). The dividend has increased by an average of 9.1% per year over the past 8 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 11% to bring the payout ratio under control. EPS is expected to grow by 25% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Announcement • May 30
Jagran Prakashan Limited Declares an Interim Dividend for the Financial Year Ended March 31, 2026 Jagran Prakashan Limited announced at its Board Meeting held on May 28, 2026, declared an interim dividend of INR 10 per equity share (including a special dividend of INR 3 per equity share), i.e. 500% on the face value of INR 2 per equity share, for the financial year ended March 31, 2026. Record date: May 28, 2026. Announcement • May 18
Jagran Prakashan Limited to Report Q4, 2026 Results on May 28, 2026 Jagran Prakashan Limited announced that they will report Q4, 2026 results on May 28, 2026 Reported Earnings • Feb 14
Third quarter 2026 earnings released: EPS: ₹2.49 (vs ₹2.88 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.49 (down from ₹2.88 in 3Q 2025). Revenue: ₹5.05b (down 2.3% from 3Q 2025). Net income: ₹541.2m (down 14% from 3Q 2025). Profit margin: 11% (down from 12% in 3Q 2025). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 2% per year. Buy Or Sell Opportunity • Feb 12
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 8.1% to ₹64.23. The fair value is estimated to be ₹80.36, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 6.8%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Announcement • Feb 02
Jagran Prakashan Limited to Report Q3, 2026 Results on Feb 12, 2026 Jagran Prakashan Limited announced that they will report Q3, 2026 results on Feb 12, 2026 Reported Earnings • Nov 07
Second quarter 2026 earnings released: EPS: ₹2.69 (vs ₹1.97 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.69 (up from ₹1.97 in 2Q 2025). Revenue: ₹4.98b (up 12% from 2Q 2025). Net income: ₹586.3m (up 37% from 2Q 2025). Profit margin: 12% (up from 9.6% in 2Q 2025). Revenue is forecast to grow 8.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Oct 27
Jagran Prakashan Limited to Report Q2, 2026 Results on Nov 06, 2025 Jagran Prakashan Limited announced that they will report Q2, 2026 results on Nov 06, 2025 Announcement • Sep 19
Jagran Prakashan Limited Approves Appointment of Mr. Arun Anant as an Independent Director Jagran Prakashan Limited approved appointment of Mr. Arun Anant as an Independent Director of the Company. Announcement • Aug 20
Jagran Prakashan Limited, Annual General Meeting, Sep 19, 2025 Jagran Prakashan Limited, Annual General Meeting, Sep 19, 2025, at 12:30 Indian Standard Time. Reported Earnings • Jul 30
First quarter 2026 earnings released: EPS: ₹3.09 (vs ₹1.89 in 1Q 2025) First quarter 2026 results: EPS: ₹3.09 (up from ₹1.89 in 1Q 2025). Revenue: ₹5.12b (up 15% from 1Q 2025). Net income: ₹672.4m (up 63% from 1Q 2025). Profit margin: 13% (up from 9.3% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Jul 20
Jagran Prakashan Limited to Report Q1, 2026 Results on Jul 29, 2025 Jagran Prakashan Limited announced that they will report Q1, 2026 results on Jul 29, 2025 New Risk • May 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.6% Last year net profit margin: 9.5% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (6.6% net profit margin). Announcement • May 14
Jagran Prakashan Limited to Report Q4, 2025 Results on May 24, 2025 Jagran Prakashan Limited announced that they will report Q4, 2025 results at 12:08 PM, Indian Standard Time on May 24, 2025 Reported Earnings • Feb 07
Third quarter 2025 earnings released: EPS: ₹2.88 (vs ₹3.39 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.88 (down from ₹3.39 in 3Q 2024). Revenue: ₹5.17b (up 1.1% from 3Q 2024). Net income: ₹625.9m (down 15% from 3Q 2024). Profit margin: 12% (down from 14% in 3Q 2024). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Announcement • Jan 28
Jagran Prakashan Limited to Report Q3, 2025 Results on Feb 05, 2025 Jagran Prakashan Limited announced that they will report Q3, 2025 results at 12:08 PM, Indian Standard Time on Feb 05, 2025 Reported Earnings • Nov 08
Second quarter 2025 earnings released: EPS: ₹1.97 (vs ₹1.95 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.97 (up from ₹1.95 in 2Q 2024). Revenue: ₹4.74b (up 3.2% from 2Q 2024). Net income: ₹429.7m (up 1.3% from 2Q 2024). Profit margin: 9.1% (down from 9.2% in 2Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 26
Jagran Prakashan Limited to Report Q2, 2025 Results on Nov 07, 2024 Jagran Prakashan Limited announced that they will report Q2, 2025 results on Nov 07, 2024 Announcement • Sep 25
Jagran Prakashan Limited Announces Board Appointments Jagran Prakashan Limited at its 48th Annual General Meeting held on September 24, 2024, approved Appointed Ms. Anita Nayyar (DIN- 03317861), Mr. Hormusji N. Cama (DIN- 00109337), Ms. Kemisha Soni (DIN- 06805708), Mr. Pramod Agarwal (DIN- 00038838), Mr. Shaalin Tandon (DIN- 01892562) and Mr. Tarun Sawhney (DIN- 00382878) as an Independent Directors of the Company. Announcement • Sep 24
Jagran Prakashan Limited Approves Final Dividend for the Financial Year Ended March 31, 2024 Jagran Prakashan Limited at its 48th Annual General Meeting held on September 24, 2024, approved the Declared final dividend of INR 5 per equity share of face value of INR 2 each for the financial year ended March 31, 2024. Upcoming Dividend • Sep 06
Upcoming dividend of ₹5.00 per share Eligible shareholders must have bought the stock before 13 September 2024. Payment date: 23 October 2024. Payout ratio is a comfortable 59% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of Indian dividend payers (1.0%). Higher than average of industry peers (2.0%). Announcement • Aug 12
Jagran Prakashan Limited, Annual General Meeting, Sep 24, 2024 Jagran Prakashan Limited, Annual General Meeting, Sep 24, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 11
First quarter 2025 earnings released: EPS: ₹1.89 (vs ₹2.05 in 1Q 2024) First quarter 2025 results: EPS: ₹1.89 (down from ₹2.05 in 1Q 2024). Revenue: ₹4.67b (up 2.8% from 1Q 2024). Net income: ₹411.7m (down 7.8% from 1Q 2024). Profit margin: 8.8% (down from 9.8% in 1Q 2024). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year. Announcement • Jul 31
Jagran Prakashan Limited to Report Q1, 2025 Results on Aug 10, 2024 Jagran Prakashan Limited announced that they will report Q1, 2025 results at 4:00 PM, Indian Standard Time on Aug 10, 2024 Announcement • May 30
Jagran Prakashan Limited Recommends Final Dividend for the Financial Year 2023-2024 Jagran Prakashan Limited announced that at its board meeting held on May 28,2024, recommended the payment of final dividend for the financial year 2023-2024 of INR 5 each per equity share of the face value of INR 2 each. The same is subject to the approval of members at the upcoming annual general meeting of the company. Reported Earnings • May 29
Full year 2024 earnings: EPS and revenues miss analyst expectations Full year 2024 results: EPS: ₹8.44. Revenue: ₹20.2b (up 9.0% from FY 2023). Net income: ₹1.84b (down 8.1% from FY 2023). Profit margin: 9.1% (down from 11% in FY 2023). Revenue missed analyst estimates by 3.9%. Earnings per share (EPS) also missed analyst estimates by 20%. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Media industry in India. Valuation Update With 7 Day Price Move • Mar 12
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to ₹98.85, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 16x in the Media industry in India. Total returns to shareholders of 75% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹155 per share. Buy Or Sell Opportunity • Feb 27
Now 22% undervalued Over the last 90 days, the stock has risen 24% to ₹122. The fair value is estimated to be ₹155, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 30% in 2 years. Earnings are forecast to grow by 59% in the next 2 years. Valuation Update With 7 Day Price Move • Feb 19
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹115, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 17x in the Media industry in India. Total returns to shareholders of 126% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹154 per share. Reported Earnings • Feb 11
Third quarter 2024 earnings released: EPS: ₹3.39 (vs ₹3.12 in 3Q 2023) Third quarter 2024 results: EPS: ₹3.39. Revenue: ₹5.37b (up 10% from 3Q 2023). Net income: ₹738.0m (down 10% from 3Q 2023). Profit margin: 14% (down from 17% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.6% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in India. Reported Earnings • Nov 03
Second quarter 2024 earnings: EPS and revenues miss analyst expectations Second quarter 2024 results: EPS: ₹1.95 (down from ₹1.96 in 2Q 2023). Revenue: ₹4.59b (up 1.0% from 2Q 2023). Net income: ₹424.1m (down 18% from 2Q 2023). Profit margin: 9.2% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 4.3%. Earnings per share (EPS) also missed analyst estimates by 11%. Revenue is forecast to grow 9.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 34% per year whereas the company’s share price has increased by 39% per year. Valuation Update With 7 Day Price Move • Oct 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹97.78, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Media industry in India. Total returns to shareholders of 180% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹164 per share. Price Target Changed • Sep 19
Price target increased by 20% to ₹113 Up from ₹94.00, the current price target is an average from 2 analysts. New target price is 7.1% above last closing price of ₹105. Stock is up 58% over the past year. The company is forecast to post earnings per share of ₹11.75 for next year compared to ₹7.61 last year. New Risk • Aug 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.3% average weekly change). Reported Earnings • Aug 02
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: ₹7.61 (down from ₹8.41 in FY 2022). Revenue: ₹18.6b (up 15% from FY 2022). Net income: ₹2.00b (down 10% from FY 2022). Profit margin: 11% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.0%. Earnings per share (EPS) also missed analyst estimates by 17%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹102, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Media industry in India. Total returns to shareholders of 173% over the past three years. Announcement • Jun 11
Jagran Prakashan Limited, Annual General Meeting, Aug 25, 2023 Jagran Prakashan Limited, Annual General Meeting, Aug 25, 2023. Reported Earnings • Jun 01
Full year 2023 earnings released: EPS: ₹7.61 (vs ₹8.41 in FY 2022) Full year 2023 results: EPS: ₹7.61 (down from ₹8.41 in FY 2022). Revenue: ₹19.6b (up 21% from FY 2022). Net income: ₹2.00b (down 10% from FY 2022). Profit margin: 10% (down from 14% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 9.4% p.a. on average during the next 3 years, compared to a 9.0% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 24% per year whereas the company’s share price has increased by 19% per year. Announcement • May 21
Jagran Prakashan Limited to Report Q4, 2023 Results on May 30, 2023 Jagran Prakashan Limited announced that they will report Q4, 2023 results on May 30, 2023 Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹3.12 (vs ₹4.13 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.12 (down from ₹4.13 in 3Q 2022). Revenue: ₹4.88b (down 5.9% from 3Q 2022). Net income: ₹823.2m (down 24% from 3Q 2022). Profit margin: 17% (down from 21% in 3Q 2022). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Jan 22
Jagran Prakashan Limited to Report Q3, 2023 Results on Feb 02, 2023 Jagran Prakashan Limited announced that they will report Q3, 2023 results on Feb 02, 2023 Price Target Changed • Nov 16
Price target decreased to ₹66.50 Down from ₹81.00, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of ₹68.45. Stock is up 3.5% over the past year. The company is forecast to post earnings per share of ₹9.33 for next year compared to ₹8.41 last year. Reported Earnings • Nov 07
Second quarter 2023 earnings released: EPS: ₹1.96 (vs ₹2.35 in 2Q 2022) Second quarter 2023 results: EPS: ₹1.96 (down from ₹2.35 in 2Q 2022). Revenue: ₹4.54b (up 13% from 2Q 2022). Net income: ₹515.8m (down 17% from 2Q 2022). Profit margin: 11% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Nov 05
Jagran Prakashan Limited (BSE:532705) announces an Equity Buyback for 46,000,000 shares, representing 17.45% for INR 3,450 million. Jagran Prakashan Limited (BSE:532705) announces a share repurchase program. Under the program, the company will repurchase up to 46,000,000 shares, representing 17.45% of its issued share capital for INR 3,450 million. The shares will be repurchased at a price not exceeding INR 75 per share. The Buyback offer is subject to the approval of the shareholders by way of a special resolution to be obtained through postal ballot. As of October 28, 2022, the company had 263,654,272 shares issued and outstanding. Announcement • Oct 23
Jagran Prakashan Limited to Report Q2, 2023 Results on Nov 04, 2022 Jagran Prakashan Limited announced that they will report Q2, 2023 results on Nov 04, 2022 Valuation Update With 7 Day Price Move • Aug 13
Investor sentiment improved over the past week After last week's 20% share price gain to ₹69.15, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 11x in the Media industry in India. Total returns to shareholders of 8.6% over the past three years. Upcoming Dividend • Aug 11
Upcoming dividend of ₹4.00 per share Eligible shareholders must have bought the stock before 18 August 2022. Payment date: 02 September 2022. The company last paid an ordinary dividend in August 2012. The average dividend yield among industry peers is 2.0%. Announcement • Aug 07
Jagran Prakashan Limited Proposes Interim Dividend for the Financial Year 2022-23, Payable on or Before September 2, 2022 The board of directors of Jagran Prakashan Limited at its meeting held on August 6, 2022, Considered and approved the payment of Interim Dividend for the Financial Year 2022-23 of INR 4 (Rupees Four only) each per Equity share on 263,654,272 fully paid-up equity shares of the face value of INR 2 (Rupees Two only) each (i.e. 200%), subject to the deduction of tax as per the applicable provisions of the Income Tax Act, 1961 as amended from time to time (subject to Tax Deducted at Source). In accordance with the provisions of Regulation 42 of the Listing Regulations, the Record Date for the purpose of determining the entitlement of the shareholders to receive the interim dividend for the financial year 2022-23 is fixed as August 19, 2022. The Interim Dividend will be paid to such shareholders on or before September 2, 2022. Reported Earnings • Aug 04
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: ₹8.41 (up from ₹3.16 in FY 2021). Revenue: ₹16.2b (up 25% from FY 2021). Net income: ₹2.22b (up 150% from FY 2021). Profit margin: 14% (up from 6.9% in FY 2021). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 5.3%. Earnings per share (EPS) exceeded analyst estimates by 22%. Over the next year, revenue is forecast to grow 17%, compared to a 14% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Aug 03
Jagran Prakashan Limited, Annual General Meeting, Aug 29, 2022 Jagran Prakashan Limited, Annual General Meeting, Aug 29, 2022, at 12:30 Indian Standard Time. Location: Jalsaa Banquet Hall, 4th Floor, Rave@Moti, 117/K/13, Gutaiya,\ Kanpur India Agenda: To receive, consider and adopt the Standalone and Consolidated Audited Balance Sheet as at March 31, 2022 and the Statement of Profit and Loss for the year ended on that date together with the Reports of Board of Directors and the Auditors thereon; to appoint directors; to appoint Price Waterhouse Chartered Accountants LLP as the Statutory Auditors of the Company for a period of five (5) consecutive years to hold office from the conclusion of this Annual General Meeting till the conclusion of the 51st Annual General Meeting to be held in the calendar year 2027 and to fix their remuneration;. Announcement • Jul 28
Jagran Prakashan Limited to Report Q1, 2023 Results on Aug 06, 2022 Jagran Prakashan Limited announced that they will report Q1, 2023 results on Aug 06, 2022 Recent Insider Transactions • Jun 17
Whole-Time Director recently bought ₹385k worth of stock On the 13th of June, Dhirendra Gupta bought around 8k shares on-market at roughly ₹48.11 per share. This was the largest purchase by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Valuation Update With 7 Day Price Move • Jun 09
Investor sentiment deteriorated over the past week After last week's 15% share price decline to ₹49.15, the stock trades at a forward P/E ratio of 5x. Average forward P/E is 11x in the Media industry in India. Total loss to shareholders of 53% over the past three years. Price Target Changed • Jun 01
Price target decreased to ₹71.00 Down from ₹81.00, the current price target is an average from 2 analysts. New target price is 21% above last closing price of ₹58.45. Stock is up 0.7% over the past year. The company is forecast to post earnings per share of ₹9.33 for next year compared to ₹8.41 last year. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind Third quarter 2022 results: EPS: ₹4.13 (up from ₹2.77 in 3Q 2021). Revenue: ₹5.19b (up 29% from 3Q 2021). Net income: ₹1.09b (up 40% from 3Q 2021). Profit margin: 21% (up from 19% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 7.4%. Earnings per share (EPS) missed analyst estimates by 12%. Over the next year, revenue is forecast to grow 18%, compared to a 19% growth forecast for the industry in India. Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Feb 09
Investor sentiment improved over the past week After last week's 15% share price gain to ₹79.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 12x in the Media industry in India. Total loss to shareholders of 12% over the past three years. Price Target Changed • Jan 20
Price target increased to ₹81.00 Up from ₹75.67, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ₹73.45. Stock is up 74% over the past year. The company is forecast to post earnings per share of ₹7.36 for next year compared to ₹3.16 last year. Reported Earnings • Oct 28
Second quarter 2022 earnings released: EPS ₹2.35 (vs ₹0.46 in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹4.03b (up 39% from 2Q 2021). Net income: ₹618.3m (up 379% from 2Q 2021). Profit margin: 15% (up from 4.5% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 18
First quarter 2022 earnings released: ₹0.10 loss per share (vs ₹1.41 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹2.70b (up 42% from 1Q 2021). Net loss: ₹25.7m (loss narrowed 94% from 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Aug 18
Consensus EPS estimates fall to ₹6.10 The consensus outlook for earnings per share (EPS) in 2022 has deteriorated. 2022 revenue forecast decreased from ₹16.3b to ₹15.5b. EPS estimate also fell from ₹7.45 to ₹6.10. Net income forecast to grow 91% next year vs 28% growth forecast for Media industry in India. Consensus price target of ₹65.00 unchanged from last update. Share price fell 5.9% to ₹59.05 over the past week. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 04
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 03
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 03
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jul 03
President Apurva Purohit has left the company On the 1st of July, Apurva Purohit's tenure as President ended after 5.0 years in the role. We don't have any record of a personal shareholding under Apurva's name. A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 7.75 years. Executive Departure • Jun 22
Non-Executive Non Independent Director Amit Dixit has left the company On the 11th of June, Amit Dixit's tenure as Non-Executive Non Independent Director ended after 8.7 years in the role. We don't have any record of a personal shareholding under Amit's name. Amit is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 7.67 years. Reported Earnings • Jun 03
Full year 2021 earnings released: EPS ₹3.16 (vs ₹9.32 in FY 2020) The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2021 results: Revenue: ₹12.9b (down 39% from FY 2020). Net income: ₹888.7m (down 68% from FY 2020). Profit margin: 6.9% (down from 13% in FY 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 33% per year whereas the company’s share price has fallen by 29% per year. Price Target Changed • May 06
Price target increased to ₹47.67 Up from ₹43.20, the current price target is an average from 4 analysts. New target price is 13% below last closing price of ₹54.70. Stock is up 37% over the past year. Valuation Update With 7 Day Price Move • Feb 22
Investor sentiment improved over the past week After last week's 24% share price gain to ₹53.75, the stock is trading at a trailing P/E ratio of 24.3x, up from the previous P/E ratio of 19.6x. This compares to an average P/E of 15x in the Media industry in India. Total return to shareholders over the past three years is a loss of 65%. Is New 90 Day High Low • Feb 17
New 90-day high: ₹46.80 The company is up 25% from its price of ₹37.50 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 18% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹131 per share. Reported Earnings • Feb 10
Third quarter 2021 earnings released: EPS ₹2.77 (vs ₹2.56 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹4.21b (down 24% from 3Q 2020). Net income: ₹779.1m (up 2.7% from 3Q 2020). Profit margin: 19% (up from 14% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Analyst Estimate Surprise Post Earnings • Feb 10
Revenue and earnings miss expectations Revenue missed analyst estimates by 11%. Earnings per share (EPS) also missed analyst estimates by 21%. Over the next year, revenue is forecast to grow 29%, compared to a 17% growth forecast for the Media industry in India. Announcement • Jan 30
Jagran Prakashan Limited to Report Q3, 2021 Results on Feb 08, 2021 Jagran Prakashan Limited announced that they will report Q3, 2021 results on Feb 08, 2021 Is New 90 Day High Low • Dec 03
New 90-day high: ₹41.75 The company is up 5.0% from its price of ₹39.70 on 04 September 2020. The Indian market is up 13% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹117 per share. Recent Insider Transactions • Nov 19
Whole-Time Director recently bought ₹370k worth of stock On the 13th of November, Dhirendra Gupta bought around 10k shares on-market at roughly ₹36.98 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹2.5m more in shares than they have sold in the last 12 months. 
