NSEI:DBCORP

Stock Analysis Report

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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. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


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

Stable Share Price: DBCORP is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: DBCORP's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

2.6%

DBCORP

0.6%

IN Media

2.1%

IN Market


1 Year Return

-42.9%

DBCORP

-13.4%

IN Media

7.0%

IN Market

Return vs Industry: DBCORP underperformed the Indian Media industry which returned -13.8% over the past year.

Return vs Market: DBCORP underperformed the Indian Market which returned 7% over the past year.


Shareholder returns

DBCORPIndustryMarket
7 Day2.6%0.6%2.1%
30 Day4.5%1.2%9.1%
90 Day-1.7%-8.6%9.3%
1 Year-41.4%-42.9%-12.0%-13.4%9.0%7.0%
3 Year-75.0%-77.9%-60.0%-61.5%6.7%1.5%
5 Year-71.7%-76.0%-47.6%-50.0%53.5%42.0%

Long-Term 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 compared to its fair value and its price relative to the market?

49.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: DBCORP (₹79.7) is trading below our estimate of fair value (₹157.33)

Significantly Below Fair Value: DBCORP is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: DBCORP is poor value based on its PE Ratio (16x) compared to the IN Media industry average (13.6x).

PE vs Market: DBCORP is good value based on its PE Ratio (16x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: DBCORP is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: DBCORP is good value based on its PB Ratio (0.8x) compared to the IN Media industry average (1.3x).


Next Steps

Future Growth

How is D. B forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

51.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: DBCORP's forecast earnings growth (51.1% per year) is above the savings rate (7.2%).

Earnings vs Market: DBCORP's earnings (51.1% per year) are forecast to grow faster than the Indian market (24.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: DBCORP's revenue (16% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: DBCORP's revenue (16% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: DBCORP's Return on Equity is forecast to be low in 3 years time (14.5%).


Next Steps

Past Performance

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

-10.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: DBCORP has high quality earnings.

Growing Profit Margin: DBCORP's current net profit margins (5.2%) are lower than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: DBCORP's earnings have declined by 10% per year over the past 5 years.

Accelerating Growth: DBCORP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DBCORP had negative earnings growth (-71.2%) over the past year, making it difficult to compare to the Media industry average (-24.3%).


Return on Equity

High ROE: DBCORP's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is D. B's financial position?


Financial Position Analysis

Short Term Liabilities: DBCORP's short term assets (₹9.5B) exceed its short term liabilities (₹4.4B).

Long Term Liabilities: DBCORP's short term assets (₹9.5B) exceed its long term liabilities (₹2.5B).


Debt to Equity History and Analysis

Debt Level: DBCORP's debt to equity ratio (5.4%) is considered satisfactory.

Reducing Debt: DBCORP's debt to equity ratio has reduced from 7.2% to 5.4% over the past 5 years.

Debt Coverage: DBCORP's debt is well covered by operating cash flow (300.3%).

Interest Coverage: DBCORP's interest payments on its debt are well covered by EBIT (6.3x coverage).


Balance Sheet


Next Steps

Dividend

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

12.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: DBCORP's dividend (12.67%) is higher than the bottom 25% of dividend payers in the Indian market (0.54%).

High Dividend: DBCORP's dividend (12.67%) is in the top 25% of dividend payers in the Indian market (2.19%)


Stability and Growth of Payments

Stable Dividend: DBCORP's dividend payments have been volatile in the past 10 years.

Growing Dividend: DBCORP's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71%), DBCORP's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: DBCORP's dividends in 3 years are forecast to be covered by earnings (59.8% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

7.3yrs

Average management tenure


CEO

Sudhir Agarwal (49 yo)

13.83yrs

Tenure

₹15,000,000

Compensation

Mr. Sudhir Agarwal has been the Managing Director of D. B. Corp Limited since January 1, 2007. Mr. Agarwal is responsible for its long-term vision, business planning and performance monitoring. He has year...


CEO Compensation Analysis

Compensation vs Market: Sudhir's total compensation ($USD203.30K) is about average for companies of similar size in the Indian market ($USD288.56K).

Compensation vs Earnings: Sudhir's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Sudhir Agarwal
MD & Executive Director13.83yrs₹15.00m4.66%
₹ 644.1m
Pradyumna Kumar Mishra
Group Chief Financial Officerno data₹23.87mno data
Ripu Bhatnagar
Chief Technology Officerno data₹11.41mno data
Anita Gokhale
Company Secretary & Compliance Officer9.08yrs₹1.93mno data
Bharat Agarwal
Head of Corporate Public Relations & Communication and Executive Directorno data₹14.59mno data
Rachna Kamra
Chief Human Resources Officerno data₹16.80mno data
Pawan Agarwal
Deputy MD & Executive Non-Independent Director14.92yrs₹10.00m5.01%
₹ 692.6m
Gyan Gupta
Chief Executive Officer of Digital Division8.67yrs₹3.05mno data
Vijay Garg
Chief Financial Officer of Radio Divisionno data₹10.60mno data
Pathik Shah
Chief Executive Officer of DB Digital1.08yrs₹13.73mno data
Paresh Goel
Chief Technical Officer of DB Digital0.92yr₹3.82mno data
Harrish Bhatia
President of Sales & Marketing3yrs₹30.83mno data

7.3yrs

Average Tenure

52yo

Average Age

Experienced Management: DBCORP's management team is seasoned and experienced (7.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Sudhir Agarwal
MD & Executive Director13.83yrs₹15.00m4.66%
₹ 644.1m
Pawan Agarwal
Deputy MD & Executive Non-Independent Director14.92yrs₹10.00m5.01%
₹ 692.6m
Piyush Pandey
Non-Executive Independent Director13yrs₹115.00kno data
Harish Bijoor
Non-Executive Independent Director13yrs₹60.00kno data
Ashwani Kumar Singhal
Non-Executive Independent Director13yrs₹215.00kno data
Girish Agarwaal
Non-Executive Non-Independent Director25.08yrs₹80.00k4.51%
₹ 623.4m
Anupriya Acharya
Non-Executive Independent Director4.42yrs₹145.00kno data

13.0yrs

Average Tenure

54yo

Average Age

Experienced Board: DBCORP's board of directors are seasoned and experienced ( 13 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: DBCORP insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: D. B. Corp Limited
  • Ticker: DBCORP
  • Exchange: NSEI
  • Founded: 1995
  • Industry: Publishing
  • Sector: Media
  • Market Cap: ₹13.813b
  • Shares outstanding: 174.95m
  • Website: https://www.dbcorpltd.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 Analysis2020/11/26 12:13
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.