BSE:533151

Stock Analysis Report

Executive Summary

D. B. Corp Limited engages in newspaper printing and publishing, radio broadcasting, event management, and integrated Internet and mobile interactive service businesses in India and internationally.

Snowflake

Fundamentals

Flawless balance sheet, undervalued and pays a dividend.

Risks

  • D. B has significant price volatility in the past 3 months.

Similar Companies

Share Price & News

How has D. B's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-10.9%

BSE:533151

-0.3%

IN Media

-1.4%

IN Market


1 Year Return

-44.2%

BSE:533151

-40.3%

IN Media

-14.5%

IN Market

533151 underperformed the Media industry which returned -40.3% over the past year.

533151 underperformed the Market in India which returned -14.5% over the past year.


Share holder returns

533151IndustryMarket
7 Day-10.9%-0.3%-1.4%
30 Day-18.3%-6.0%-4.4%
90 Day-30.6%-13.1%-8.1%
1 Year-40.9%-44.2%-39.5%-40.3%-12.7%-14.5%
3 Year-63.7%-66.0%-38.3%-39.8%16.7%10.5%
5 Year-51.5%-57.1%-11.6%-15.5%35.0%22.2%

Price Volatility Vs. Market

How volatile is D. B's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is D. B undervalued based on future cash flows and its price relative to the stock market?

48%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

D. B's share price is below the future cash flow value, and at a moderate discount (> 20%).

D. B's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

D. B is good value based on earnings compared to the IN Media industry average.

D. B is good value based on earnings compared to the India market.


Price Based on Expected Growth

D. B is good value based on expected growth next year.


Price Based on Value of Assets

D. B is overvalued based on assets compared to the IN Media industry average.


Next Steps

Future Growth

How is D. B expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

13.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

D. B's revenue is expected to grow by 6.9% yearly, however this is not considered high growth (20% yearly).

D. B's earnings are expected to grow by 13% yearly, however this is not considered high growth (20% yearly).

D. B's revenue growth is positive but not above the India market average.

D. B's earnings growth is positive but not above the India market average.

D. B's earnings growth is expected to exceed the low risk savings rate of 7.6%.


Earnings per Share Growth Estimates


Future Return on Equity

D. B is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has D. B performed over the past 5 years?

-1.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

D. B's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

D. B's 1-year earnings growth is negative, it can't be compared to the 5-year average.

D. B's 1-year earnings growth is negative, it can't be compared to the IN Media industry average.


Return on Equity

D. B has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

D. B used its assets more efficiently than the IN Media industry average last year based on Return on Assets.


Return on Capital Employed

D. B's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is D. B's financial position?


Financial Position Analysis

D. B is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

D. B's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

D. B's level of debt (2.8%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (10.5% vs 2.8% today).

Debt is well covered by operating cash flow (492.6%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 33.7x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 22.5x debt.


Next Steps

Dividend

What is D. B's current dividend yield, its reliability and sustainability?

8.00%

Expected Dividend Yield


Dividend Yield and Payments Analysis

D. B's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.64%).

D. B's dividend is above the markets top 25% of dividend payers in India (2.6%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (2.6x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be covered by earnings (1.9x coverage).


Next Steps

Management

What is the CEO of D. B's salary, the management and board of directors tenure and is there insider trading?

7.6yrs

Average management tenure


CEO

Sudhir Agarwal (48yo)

12.6yrs

Tenure

₹12,000,000

Compensation

Mr. Sudhir Agarwal has been the Managing Director of D. B. Corp Limited since January 1, 2007 and serves as its Director of Finance of Editorial & SMD. Mr. Agarwal is responsible for long term vision and s ...


CEO Compensation Analysis

Sudhir's remuneration is lower than average for companies of similar size in India.

Sudhir's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Management Age and Tenure

7.6yrs

Average Tenure

55yo

Average Age

The average tenure for the D. B management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

11.8yrs

Average Tenure

49.5yo

Average Age

The average tenure for the D. B board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Amit Doshi (59yo)

    Chief Operating Officer

    • Tenure: 0.0yrs
  • Anita Gokhale

    Company Secretary & Compliance Officer

    • Tenure: 7.8yrs
    • Compensation: ₹1.79m
  • Pawan Agarwal (43yo)

    Deputy MD & Executive Non-Independent Director

    • Tenure: 13.7yrs
    • Compensation: ₹8.67m
  • Sudhir Agarwal (48yo)

    MD, Director of Finance -Editorial & SMD and Executive Non-Independent Director

    • Tenure: 12.6yrs
    • Compensation: ₹12.00m
  • Bharat Agarwal (55yo)

    Head of Corporate Public Relations & Communication and Executive Director

    • Tenure: 0.0yrs
  • Pradyumna Kumar Mishra (59yo)

    Group Chief Financial Officer

    • Tenure: 0.0yrs
    • Compensation: ₹22.15m
  • Ripu Bhatnagar (56yo)

    Chief Technology Officer

    • Tenure: 0.0yrs
  • Rachna Kamra (61yo)

    Chief Human Resources Officer

    • Tenure: 0.0yrs
  • Vinay Maheshwari (47yo)

    Senior Vice President

    • Tenure: 0.0yrs
  • Gyan Gupta (44yo)

    Chief Executive Officer of Digital Division

    • Tenure: 7.4yrs

Board Members

  • Piyush Pandey (63yo)

    Non-Executive Independent Director

    • Tenure: 11.8yrs
    • Compensation: ₹155.00k
  • Harish Bijoor (51yo)

    Non-Executive Independent Director

    • Tenure: 11.8yrs
    • Compensation: ₹40.00k
  • Pawan Agarwal (43yo)

    Deputy MD & Executive Non-Independent Director

    • Tenure: 13.7yrs
    • Compensation: ₹8.67m
  • Sudhir Agarwal (48yo)

    MD, Director of Finance -Editorial & SMD and Executive Non-Independent Director

    • Tenure: 12.6yrs
    • Compensation: ₹12.00m
  • Ashwani Kumar Singhal (51yo)

    Non-Executive Independent Director

    • Tenure: 11.8yrs
    • Compensation: ₹240.00k
  • Girish Agarwaal (46yo)

    Non-Executive Director

    • Tenure: 23.8yrs
    • Compensation: ₹80.00k
  • Anupriya Acharya

    Non-Executive Independent Director

    • Tenure: 3.2yrs
    • Compensation: ₹90.00k

Company Information

D. B. Corp Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: D. B. Corp Limited
  • Ticker: 533151
  • Exchange: BSE
  • Founded: 1995
  • Industry: Publishing
  • Sector: Media
  • Market Cap: ₹26.187b
  • Shares outstanding: 174.93m
  • Website: https://www.bhaskarnet.com

Number of Employees


Location

  • D. B. Corp Limited
  • Dwarka Sadan
  • 6, Press Complex
  • Bhopal
  • Madhya Pradesh
  • 462011
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
533151BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2010
DBCORPNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2010

Biography

D. B. Corp Limited engages in newspaper printing and publishing, radio broadcasting, event management, and integrated Internet and mobile interactive service businesses in India and internationally. The co ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 12:51
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.