Announcement • May 11
Crystal Business System Limited to Report Q4, 2026 Results on May 15, 2026 Crystal Business System Limited announced that they will report Q4, 2026 results on May 15, 2026 New Risk • May 07
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 9.7% 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: Major Risks Earnings have declined by 30% per year over the past 5 years. Market cap is less than US$10m (₹232.6m market cap, or US$2.47m). Minor Risks Share price has been volatile over the past 3 months (9.7% average weekly change). Revenue is less than US$5m (₹105m revenue, or US$1.1m). Announcement • Jan 30
Crystal Business System Limited to Report Q3, 2026 Results on Feb 03, 2026 Crystal Business System Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Feb 03, 2026 Reported Earnings • Nov 09
Second quarter 2026 earnings released: ₹0.07 loss per share (vs ₹0.07 profit in 2Q 2025) Second quarter 2026 results: ₹0.07 loss per share (down from ₹0.07 profit in 2Q 2025). Revenue: ₹16.9m (down 57% from 2Q 2025). Net loss: ₹7.01m (down 198% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Crystal Business System Limited to Report Q2, 2026 Results on Nov 08, 2025 Crystal Business System Limited announced that they will report Q2, 2026 results at 12:15 PM, Indian Standard Time on Nov 08, 2025 Announcement • Aug 28
Crystal Business System Limited, Annual General Meeting, Sep 26, 2025 Crystal Business System Limited, Annual General Meeting, Sep 26, 2025, at 12:00 Indian Standard Time. Reported Earnings • Aug 05
First quarter 2026 earnings released: ₹0.06 loss per share (vs ₹0.01 profit in 1Q 2025) First quarter 2026 results: ₹0.06 loss per share (down from ₹0.01 profit in 1Q 2025). Revenue: ₹17.2m (down 40% from 1Q 2025). Net loss: ₹6.29m (down ₹7.02m from profit in 1Q 2025). Announcement • Jul 30
Crystal Business System Limited to Report Q1, 2026 Results on Aug 04, 2025 Crystal Business System Limited announced that they will report Q1, 2026 results on Aug 04, 2025 Reported Earnings • May 22
Full year 2025 earnings released: EPS: ₹0.093 (vs ₹0.034 in FY 2024) Full year 2025 results: EPS: ₹0.093 (up from ₹0.034 in FY 2024). Revenue: ₹176.1m (up 14% from FY 2024). Net income: ₹9.06m (up 169% from FY 2024). Profit margin: 5.1% (up from 2.2% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has fallen by 27% per year, which means it is significantly lagging earnings. Announcement • May 13
Sadhna Broadcast Limited to Report Q4, 2025 Results on May 16, 2025 Sadhna Broadcast Limited announced that they will report Q4, 2025 results at 12:15 PM, Indian Standard Time on May 16, 2025 Valuation Update With 7 Day Price Move • Mar 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹2.99, the stock trades at a trailing P/E ratio of 9.4x. Average trailing P/E is 22x in the Media industry in India. Total returns to shareholders of 42% over the past three years. Reported Earnings • Jan 31
Third quarter 2025 earnings released: EPS: ₹0.14 (vs ₹0.18 loss in 3Q 2024) Third quarter 2025 results: EPS: ₹0.14 (up from ₹0.18 loss in 3Q 2024). Revenue: ₹39.8m (up 95% from 3Q 2024). Net income: ₹13.9m (up ₹31.8m from 3Q 2024). Profit margin: 35% (up from net loss in 3Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Announcement • Jan 22
Sadhna Broadcast Limited to Report Q3, 2025 Results on Jan 27, 2025 Sadhna Broadcast Limited announced that they will report Q3, 2025 results on Jan 27, 2025 Reported Earnings • Nov 15
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: ₹40.6m (up 99% from 2Q 2024). Net income: ₹7.13m (up ₹25.0m from 2Q 2024). Profit margin: 18% (up from net loss in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 41% per year, which means it is well ahead of earnings. Announcement • Nov 09
Sadhna Broadcast Limited to Report Q2, 2025 Results on Nov 13, 2024 Sadhna Broadcast Limited announced that they will report Q2, 2025 results on Nov 13, 2024 Announcement • Sep 02
Sadhna Broadcast Limited, Annual General Meeting, Sep 23, 2024 Sadhna Broadcast Limited, Annual General Meeting, Sep 23, 2024, at 12:30 Indian Standard Time. Reported Earnings • Aug 10
First quarter 2025 earnings released: EPS: ₹0.01 (vs ₹0.065 in 1Q 2024) First quarter 2025 results: EPS: ₹0.01 (down from ₹0.065 in 1Q 2024). Revenue: ₹28.7m (down 64% from 1Q 2024). Net income: ₹735.0k (down 89% from 1Q 2024). Profit margin: 2.6% (down from 8.1% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has increased by 53% per year, which means it is well ahead of earnings. Announcement • Aug 02
Sadhna Broadcast Limited to Report Q1, 2025 Results on Aug 08, 2024 Sadhna Broadcast Limited announced that they will report Q1, 2025 results on Aug 08, 2024 Announcement • Jun 13
Sadhna Broadcast Limited Appoints Mr. Hobin Duggal as Company Secretary and Compliance Officer Sadhna Broadcast Limited announced that Mr. Hobin Duggal, Member of Institute of Companies Secretaries of India has been appointed as Company Secretary and Compliance Officer of the Company with effect from 10th June, 2024, pursuant to Section 203 of the Companies Act, 2013, and regulations 6(1) of the SEBI (Listing Obligation & Disclosure Requirements) Regulations 2015. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹0.08 (vs ₹0.012 loss in FY 2023) Full year 2024 results: EPS: ₹0.08 (up from ₹0.012 loss in FY 2023). Revenue: ₹155.6m (down 18% from FY 2023). Net income: ₹3.36m (up ₹4.55m from FY 2023). Profit margin: 2.2% (up from net loss in FY 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 42% per year but the company’s share price has increased by 54% per year, which means it is well ahead of earnings. Announcement • May 17
Sadhna Broadcast Limited to Report Q4, 2024 Results on May 27, 2024 Sadhna Broadcast Limited announced that they will report Q4, 2024 results on May 27, 2024 Announcement • May 10
Sadhna Broadcast Limited Announces the Resignation of Hobin Duggal as Company Secretary and Compliance Officer Sadhna Broadcast Limited noted that Mr. Hobin Duggal (A55624) has resigned from the post of Company Secretary and Compliance Officer with effect from 09th May, 2024. Announcement • Jan 27
Sadhna Broadcast Limited to Report Q3, 2024 Results on Feb 07, 2024 Sadhna Broadcast Limited announced that they will report Q3, 2024 results on Feb 07, 2024 Buy Or Sell Opportunity • Jan 24
Now 22% undervalued Over the last 90 days, the stock has risen 34% to ₹5.61. The fair value is estimated to be ₹7.15, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 24
Full year 2023 earnings released: ₹0.012 loss per share (vs ₹0.03 profit in FY 2022) Full year 2023 results: ₹0.012 loss per share (down from ₹0.03 profit in FY 2022). Revenue: ₹189.4m (down 21% from FY 2022). Net loss: ₹1.18m (down 139% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 71% per year, which means it is well ahead of earnings. Announcement • Aug 24
Sadhna Broadcast Limited, Annual General Meeting, Sep 18, 2023 Sadhna Broadcast Limited, Annual General Meeting, Sep 18, 2023, at 12:30 Indian Standard Time. Agenda: To receive, consider and adopt the standalone Financial Statements of the Company for the year 2023 including audited Balance Sheet as at 31st March, 2023, the Statement of Profit and Loss and Cash Flow Statement for the year ended on that date and the Reports of the Board of Directors and Auditors thereon; to consider and Appointment of Mr.Bal Mukund Tiwari (DIN:02566683) as a director, liable to Retire by rotation; to consider and Regularization of additional director,Mr. Vinod Aggarwal(DIN02069422) by Appointing him as a Non Executive Independent Director of the Company; to consider and Appointment of Mr.Bal Mukund Tiwari (DIN02566683) as a Managing Director Of the Company; to consider and Regularization of additional director ,Mrs. Vandana Birla (DIN10100507) by Appointing him as a Non Executive Independent Director of the Company; and to consider other matter also. Announcement • Aug 03
Sadhna Broadcast Limited to Report Q1, 2024 Results on Aug 10, 2023 Sadhna Broadcast Limited announced that they will report Q1, 2024 results on Aug 10, 2023 Buying Opportunity • Jul 20
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 7.2%. The fair value is estimated to be ₹5.96, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 18% over the last 3 years. Meanwhile, the company became loss making. Announcement • Jun 01
Sadhna Broadcast Limited Announces Resignation of Sakshi Wadhwa from the Post of Non-Executive Independent Director Sadhna Broadcast Limited informed that the Company has received resignation letter from Mrs. Sakshi Wadhwa, Non-Executive Independent Director from the post of Non-Executive Independent Director of the Company with effect from 31 May, 2023. Reported Earnings • May 24
Full year 2023 earnings released: ₹0.04 loss per share (vs ₹0.03 profit in FY 2022) Full year 2023 results: ₹0.04 loss per share (down from ₹0.03 profit in FY 2022). Revenue: ₹202.4m (down 15% from FY 2022). Net loss: ₹1.18m (down 139% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 86% per year, which means it is well ahead of earnings. Announcement • May 19
Sadhna Broadcast Limited to Report Q4, 2023 Results on May 22, 2023 Sadhna Broadcast Limited announced that they will report Q4, 2023 results on May 22, 2023 Board Change • Mar 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Non-Executive & Independent Director Sakshi Wadhwa was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 07
Third quarter 2023 earnings released: ₹0.57 loss per share (vs ₹0.10 profit in 3Q 2022) Third quarter 2023 results: ₹0.57 loss per share (down from ₹0.10 profit in 3Q 2022). Revenue: ₹55.4m (down 39% from 3Q 2022). Net loss: ₹5.71m (down 155% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has increased by 94% per year, which means it is well ahead of earnings. Announcement • Jan 24
Sadhna Broadcast Limited to Report Q3, 2023 Results on Feb 01, 2023 Sadhna Broadcast Limited announced that they will report Q3, 2023 results on Feb 01, 2023 Recent Insider Transactions • Jan 21
Non-Executive Director recently sold ₹852k worth of stock On the 17th of January, Arpan Gupta sold around 97k shares on-market at roughly ₹8.80 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Insiders have been net sellers, collectively disposing of ₹61m more than they bought in the last 12 months. Recent Insider Transactions • Jan 10
Non-Executive Director recently sold ₹1.7m worth of stock On the 6th of January, Arpan Gupta sold around 250k shares on-market at roughly ₹6.98 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹12m. Insiders have been net sellers, collectively disposing of ₹59m more than they bought in the last 12 months. Announcement • Nov 29
Sadhna Broadcast Limited Announces Board Changes Sadhna Broadcast Limited informed that based on the recommendation of Nomination and Remuneration Committee, the Board of Directors of the company in their Meeting held on 28th November, 2022 has been appointed Mr. Bal Mukund Tiwari (DIN: 02566683) as Managing Director of the company w.e.f. 28th November, 2022 Further, the aforementioned appointments shall be subject to the approval of the Members at the upcoming General Meeting of the Company. Mr. Bal Mukund Tiwari have done Graduation from the Dr. Bhimrao Arnbedkar University Agra, he had a vast experience of more than 35 years in the field of marketing. The company has received letter dated 28.11.2022 from Mrs. Tajinder Kaur (DIN: 06799570) informing about his resignation from the post of Managing Director with effect from closing of working hours on 28 November, 2022. Resignation due to personal reasons and there is no other material reason for resignation. Announcement • Nov 17
Sadhna Broadcast Limited Announces Resignation of Mr. Sanjeev Kumar Jha as Non-Executive Independent Director Sadhna Broadcast Limited informed that the Company has received resignation letter from Mr. Sanjeev Kumar Jha (DIN: 02840583), Non-Executive Independent Director from the post of Non-Executive Independent Director of the Company with effect from 16 November, 2022. The intimation, as received· from Mr. Sanjeev Kumar Jha, is annexed herewith. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 3 highly experienced directors. Non-Executive & Independent Director Sanjeev Jha was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Nov 09
Insider recently sold ₹1.0m worth of stock On the 3rd of November, Gaurav Gupta sold around 801k shares on-market at roughly ₹1.28 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger sale worth ₹7.6m. Insiders have been net sellers, collectively disposing of ₹8.6m more than they bought in the last 12 months. Announcement • Sep 25
Sadhna Broadcast Limited Announces Resignation of Neeru Kaushik as Company Secretary & Compliance Officer Sadhna Broadcast Limited announced that Ms. Neeru Kaushik (A60223) has been resigned from post of Company Secretary & Compliance Officer of the company with effect from 24 September, 2022. Recent Insider Transactions • Sep 04
Insider recently sold ₹7.6m worth of stock On the 2nd of September, Gaurav Gupta sold around 400k shares on-market at roughly ₹18.95 per share. This transaction amounted to 3.5% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Aug 01
Full year 2022 earnings released: EPS: ₹0.30 (vs ₹0.011 loss in FY 2021) Full year 2022 results: EPS: ₹0.30 (up from ₹0.011 loss in FY 2021). Revenue: ₹251.9m (up 12% from FY 2021). Net income: ₹3.05m (up ₹4.16m from FY 2021). Profit margin: 1.2% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 187% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 30
Sadhna Broadcast Limited, Annual General Meeting, Aug 25, 2022 Sadhna Broadcast Limited, Annual General Meeting, Aug 25, 2022, at 16:00 Indian Standard Time. Announcement • Jul 19
Sadhna Broadcast Limited to Report Q1, 2023 Results on Jul 25, 2022 Sadhna Broadcast Limited announced that they will report Q1, 2023 results on Jul 25, 2022 Buying Opportunity • Jun 29
Now 23% undervalued Over the last 90 days, the stock is up 314%. The fair value is estimated to be ₹15.10, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 37% over the last 3 years. Earnings per share has declined by 9.2%. Announcement • May 07
Sadhna Broadcast Limited to Report Q4, 2022 Results on May 20, 2022 Sadhna Broadcast Limited announced that they will report Q4, 2022 results on May 20, 2022 Valuation Update With 7 Day Price Move • May 04
Investor sentiment improved over the past week After last week's 21% share price gain to ₹35.00, the stock trades at a trailing P/E ratio of 33x. Average trailing P/E is 19x in the Media industry in India. Total returns to shareholders of 193% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive & Independent Director Sanjeev Jha was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹21.00, the stock trades at a trailing P/E ratio of 19.8x. Average trailing P/E is 19x in the Media industry in India. Total returns to shareholders of 33% over the past three years. Reported Earnings • Feb 17
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.04 (down from ₹1.48 in 3Q 2021). Revenue: ₹91.2m (up 31% from 3Q 2021). Net income: ₹10.4m (down 30% from 3Q 2021). Profit margin: 11% (down from 21% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Announcement • Feb 15
Sadhna Broadcast Limited Appoints Sonia Sharma as Chief Financial Officer Sadhna Broadcast Limited announced that the board of directors of the company at its meeting held on has appointed Ms. Sonia Sharma as Chief Financial Officer, effective 14 Feb. 2022. Announcement • Feb 03
Sadhna Broadcast Limited to Report Q3, 2022 Results on Feb 11, 2022 Sadhna Broadcast Limited announced that they will report Q3, 2022 results on Feb 11, 2022 Board Change • Jan 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive & Independent Director Sanjeev Jha was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Valuation Update With 7 Day Price Move • Dec 22
Investor sentiment improved over the past week After last week's 21% share price gain to ₹13.59, the stock trades at a trailing P/E ratio of 9.1x. Average trailing P/E is 15x in the Media industry in India. Total loss to shareholders of 38% over the past three years. Board Change • Dec 08
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive & Independent Director Sanjeev Jha was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. Non-Executive & Independent Director Sanjeev Jha was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Nov 13
Second quarter 2022 earnings released: EPS ₹0.44 (vs ₹0.76 in 2Q 2021) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2022 results: Revenue: ₹62.8m (up 9.9% from 2Q 2021). Net income: ₹4.41m (down 42% from 2Q 2021). Profit margin: 7.0% (down from 13% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has fallen by 33% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 01
New 90-day high: ₹10.75 The company is up 15% from its price of ₹9.34 on 01 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 13% over the same period. Reported Earnings • Feb 15
Third quarter 2021 earnings released: EPS ₹1.48 (vs ₹0.28 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: ₹69.7m (down 51% from 3Q 2020). Net income: ₹14.8m (up 427% from 3Q 2020). Profit margin: 21% (up from 2.0% in 3Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 08
New 90-day high: ₹10.41 The company is up 11% from its price of ₹9.34 on 10 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 17% over the same period. Announcement • Feb 04
Sadhna Broadcast Limited to Report Q3, 2021 Results on Feb 13, 2021 Sadhna Broadcast Limited announced that they will report Q3, 2021 results on Feb 13, 2021 Is New 90 Day High Low • Jan 04
New 90-day high: ₹9.45 The company is up 1.0% from its price of ₹9.34 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day low: ₹8.88 The company is down 5.0% from its price of ₹9.35 on 04 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 4.0% over the same period. Announcement • Nov 26
Sadhna Broadcast Limited Appoints Neeru Kaushik as Company Secretary and Compliance Officer Sadhna Broadcast Limited announced that Ms. Neeru Kaushik, Member of Institute of Companies Secretaries of India has been appointed as Company Secretary and Compliance Officer of the company with effect from 24 November, 2020. Announcement • Nov 05
Sadhna Broadcast Limited to Report Q2, 2021 Results on Nov 11, 2020 Sadhna Broadcast Limited announced that they will report Q2, 2021 results on Nov 11, 2020 Reported Earnings • Sep 18
First quarter earnings released Over the last 12 months the company has reported total losses of ₹10.2m, with earnings decreasing by ₹22.3m from the prior year. Total revenue was ₹306.1m over the last 12 months, down 39% from the prior year. Announcement • Jul 25
Sadhna Broadcast Limited to Report Q4, 2020 Results on Jul 28, 2020 Sadhna Broadcast Limited announced that they will report Q4, 2020 results on Jul 28, 2020 
