Buy Or Sell Opportunity • Jul 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.5% to ₹214. The fair value is estimated to be ₹269, 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 grown by 2.8%. Revenue is forecast to grow by 13% in 2 years. Earnings are forecast to grow by 17% in the next 2 years. Reported Earnings • Jul 17
First quarter 2027 earnings released: EPS: ₹5.65 (vs ₹4.54 in 1Q 2026) First quarter 2027 results: EPS: ₹5.65 (up from ₹4.54 in 1Q 2026). Revenue: ₹6.32b (up 13% from 1Q 2026). Net income: ₹1.01b (up 25% from 1Q 2026). Profit margin: 16% (up from 14% in 1Q 2026). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 9.2% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Jul 10
D. B. Corp Limited to Report Q1, 2027 Results on Jul 16, 2026 D. B. Corp Limited announced that they will report Q1, 2027 results After-Market on Jul 16, 2026 Reported Earnings • May 12
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: ₹18.63 (down from ₹20.82 in FY 2025). Revenue: ₹24.4b (up 4.2% from FY 2025). Net income: ₹3.32b (down 11% from FY 2025). Profit margin: 14% (down from 16% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.8%. Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 22% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 04
D. B. Corp Limited to Report Q4, 2026 Results on May 11, 2026 D. B. Corp Limited announced that they will report Q4, 2026 results at 9:08 AM, Indian Standard Time on May 11, 2026 Buy Or Sell Opportunity • Mar 23
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 23% to ₹200. The fair value is estimated to be ₹253, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.5% over the last 3 years. Earnings per share has grown by 19%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 16% in the next 2 years. Announcement • Feb 27
Dainik Bhaskar Group Appoints Abhay Dubey as Chief Brand Marketing Dainik Bhaskar Group has recently appointed Abhay Dubey as chief brand marketing. He joins the media group after working with Reliance Broadcast Network for more than 3 years as regional marketing manager and will be based in Lucknow. He posted about this development on his LinlkedIn profile. In his new position, Dubey will be responsible for leading brand marketing initiatives for the group, with a focus on strengthening brand presence and driving integrated marketing efforts across markets. At Reliance Broadcast Network, Dubey led regional marketing activities, product launches, and event-led brand initiatives. His role involved data-led campaign planning, media management, and stakeholder coordination. Earlier, he worked with Mahindra Holidays & Resorts India, EM3 Agriservices, Saffron Communications, and Jagran Engage, handling responsibilities across brand management, marketing strategy, launches, and regional business development. Reported Earnings • Jan 16
Third quarter 2026 earnings released: EPS: ₹5.36 (vs ₹6.62 in 3Q 2025) Third quarter 2026 results: EPS: ₹5.36. Revenue: ₹629.3b (up ₹622.9b from 3Q 2025). Net income: ₹95.5b (up ₹94.3b from 3Q 2025). Profit margin: 15% (down from 18% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 14% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Media industry in India. Announcement • Jan 08
D. B. Corp Limited to Report Q3, 2026 Results on Jan 15, 2026 D. B. Corp Limited announced that they will report Q3, 2026 results on Jan 15, 2026 Announcement • Nov 22
Dainik Bhaskar Group Appoints Durga Chakraborty as Corporate Sales Head for South India Dainik Bhaskar Group, has reinforced its expansion strategy in South India with the appointment of Durga Chakraborty as Corporate Sales Head for the region. The move underscores the organisation's focus on accelerating growth and deepening its market presence across key southern markets. With more than two decades of experience spanning broadcast, print, radio, and digital media across India and the United States, Durga brings a comprehensive understanding of the media landscape to DB Corp.'s senior leadership. Her career has been defined by driving business growth, building high-performing teams, and shaping impactful content and sales strategies. Prior to joining DB Corp, Durga served as Associate Vice President at Sony Pictures Networks, where she led critical verticals including SAB TV, FTA, Kids, and the English Cluster. Her expertise in business development, regional expansion, client engagement, and strategic planning positions her strongly to amplify DB Corp.'s momentum in South India. Durga will report to Mayar Penkar, Chief Operating Officer - Corporate Sales. In her new role, Durga will lead strategic business initiatives, strengthen customer-focused practices, build agile, high-performance teams, and advance DB Corp.'s commitment to delivering value-driven solutions. Her appointment aligns with the organisation's vision to drive innovation and fortify its leadership in an evolving media landscape. Reported Earnings • Oct 17
Second quarter 2026 earnings released: EPS: ₹5.24 (vs ₹4.63 in 2Q 2025) Second quarter 2026 results: EPS: ₹5.24 (up from ₹4.63 in 2Q 2025). Revenue: ₹6.14b (up 9.9% from 2Q 2025). Net income: ₹934.6m (up 13% from 2Q 2025). Profit margin: 15% (in line with 2Q 2025). Revenue is forecast to grow 8.2% 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 26% per year whereas the company’s share price has increased by 27% per year. Announcement • Oct 09
D. B. Corp Limited to Report Q2, 2026 Results on Oct 16, 2025 D. B. Corp Limited announced that they will report Q2, 2026 results at 9:08 AM, Indian Standard Time on Oct 16, 2025 Declared Dividend • Jul 18
Dividend of ₹5.00 announced Shareholders will receive a dividend of ₹5.00. Ex-date: 23rd July 2025 Payment date: 14th August 2025 Dividend yield will be 3.6%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by earnings (81% earnings payout ratio) but not adequately covered by cash flows (98% cash payout ratio). The dividend has increased by an average of 9.9% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 17
First quarter 2026 earnings released: EPS: ₹4.54 (vs ₹6.62 in 1Q 2025) First quarter 2026 results: EPS: ₹4.54 (down from ₹6.62 in 1Q 2025). Revenue: ₹5.59b (down 5.2% from 1Q 2025). Net income: ₹808.4m (down 31% from 1Q 2025). Profit margin: 14% (down from 20% in 1Q 2025). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 16
D. B. Corp Limited, Annual General Meeting, Sep 02, 2025 D. B. Corp Limited, Annual General Meeting, Sep 02, 2025, at 11:30 Indian Standard Time. Announcement • Jul 09
D. B. Corp Limited to Report Q1, 2026 Results on Jul 16, 2025 D. B. Corp Limited announced that they will report Q1, 2026 results on Jul 16, 2025 Reported Earnings • May 10
Full year 2025 earnings: EPS and revenues miss analyst expectations Full year 2025 results: EPS: ₹20.82 (down from ₹23.90 in FY 2024). Revenue: ₹24.2b (flat on FY 2024). Net income: ₹3.71b (down 13% from FY 2024). Profit margin: 15% (down from 18% in FY 2024). Revenue missed analyst estimates by 1.9%. Earnings per share (EPS) also missed analyst estimates by 13%. Revenue is forecast to grow 6.0% 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 38% per year whereas the company’s share price has increased by 39% per year. New Risk • May 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.8% per year for the foreseeable future. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Price Target Changed • May 09
Price target decreased by 29% to ₹300 Down from ₹425, the current price target is an average from 2 analysts. New target price is 34% above last closing price of ₹225. Stock is down 16% over the past year. The company is forecast to post earnings per share of ₹23.60 for next year compared to ₹23.90 last year. Announcement • May 01
D. B. Corp Limited to Report Q4, 2025 Results on May 08, 2025 D. B. Corp Limited announced that they will report Q4, 2025 results on May 08, 2025 Announcement • Apr 09
D. B. Corp Limited Announces Resignation of Anupriya Acharya as Independent Director and Chairperson/Member of the Committees of the Board, Effective May 15, 2025 D. B. Corp. Limited announced that due to preoccupation and other professional commitments, Ms. Anupriya Acharya has tendered her resignation from the position of Independent Director of the company with effect from the closure of business hours on May 15, 2025. Consequently, she will also ceased to be the chairperson/member of the Committees of the Board, in which she is the chairperson/member, as the case may be. Announcement • Mar 15
D. B. Corp Limited Announces Resignation of Upendra Kumar Gupta as `President - Finance & Accounts D. B. Corp. Limited announced that Mr. Upendra Kumar Gupta, Senior Management Person has resigned from the post of `President - Finance & Accounts' to pursue another opportunity outside D. B. Corp. Limited and family's need. His last working day is March 15, 2025. Recent Insider Transactions • Feb 15
Non-Executive Non-Independent Director recently bought ₹25m worth of stock On the 11th of February, Girish Agarwal bought around 108k shares on-market at roughly ₹233 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹312m more in shares than they have sold in the last 12 months. Valuation Update With 7 Day Price Move • Feb 12
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to ₹197, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 11x in the Media industry in India. Total returns to shareholders of 162% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹312 per share. Buy Or Sell Opportunity • Jan 22
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to ₹264. The fair value is estimated to be ₹334, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 42%. Revenue is forecast to grow by 15% in 2 years. Earnings are forecast to grow by 15% in the next 2 years. Announcement • Jan 21
D. B. Corp Limited Launches Bhaskar English Mobile News App D. B. Corp. Limited announced the launch of new English mobile news application, Bhaskar English, marking a significant milestone in journey as a leading media group. This launch aligns with vision to expand Bhaskar's reach and establish it as a trusted news source across multiple languages. Bhaskar English represents a strategic step toward engaging a broader, more diverse global audience, while continuing to uphold commitment to credible, insightful and high-quality journalism. The app integrates cutting-edge technology to provide real-time news updates with an intuitive user interface, reflecting dedication to innovation and excellence in delivering news. It is designed for audiences who prefer consuming news in English and can be easily downloaded from the App Store (iPhone) and Play Store (Android). Reported Earnings • Jan 17
Third quarter 2025 earnings released: EPS: ₹6.62 (vs ₹6.96 in 3Q 2024) Third quarter 2025 results: EPS: ₹6.62 (down from ₹6.96 in 3Q 2024). Revenue: ₹6.43b (flat on 3Q 2024). Net income: ₹1.18b (down 4.7% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue is forecast to grow 7.0% 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 42% per year whereas the company’s share price has increased by 43% per year. Announcement • Jan 16
D. B. Corp Limited Announces Executive Changes D. B. Corp. Limited announced the Board of Directors of the Company at its Meeting Held on January 16, 2025, approved the appointment of Mr. Vijay Kumar Tv in `Senior Management' Cadre, Designated as `Chief Operating Officer' in Ad Sales Department of the Company. Effective from January 16, 2025. Mr. Vijay Kumar Tv an Alumnus of the International Institute of Marketing, Mumbai, Holds A Commerce Degree and A Diploma in Marketing Management. He Has an Experience of over 37 Years in Sales, Marketing and Consulting. He Was Previously Worked with D. B. Corp. Limited from 2013 to 2017, Serving as Chief Operating Officer, Cph2. He Has Worked with organizations Like MTS, Reliance Mobile, 3M, Exxon and Hindustan Unilever. Mr. Sanjay Chandrashekhar Joshi Has Resigned from the Post of `Chief Business Officer', Ad Sales Department of the Company. His Last Working Day Will Be February 3, 2025. Consequently, He Will Also Cease to Be A Senior Management Person of the Company as Per the Provisions of the Sebi Listing Regulations. Announcement • Jan 09
D. B. Corp Limited to Report Q3, 2025 Results on Jan 16, 2025 D. B. Corp Limited announced that they will report Q3, 2025 results on Jan 16, 2025 Buy Or Sell Opportunity • Dec 06
Now 20% overvalued The stock has been flat over the last 90 days, currently trading at ₹332. The fair value is estimated to be ₹275, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 39%. Revenue is forecast to grow by 22% in 2 years. Earnings are forecast to grow by 20% in the next 2 years. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹336, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 13x in the Media industry in India. Total returns to shareholders of 290% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹316 per share. Reported Earnings • Oct 16
Second quarter 2025 earnings released: EPS: ₹4.63 (vs ₹5.63 in 2Q 2024) Second quarter 2025 results: EPS: ₹4.63 (down from ₹5.63 in 2Q 2024). Revenue: ₹5.83b (flat on 2Q 2024). Net income: ₹825.7m (down 18% from 2Q 2024). Profit margin: 14% (down from 17% 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 39% per year but the company’s share price has increased by 52% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 15
D. B. Corp Limited Approves Second Interim Dividend for the Financial Year 2024-25, Payable on or Before November 13, 2024 D. B. Corp. Limited at its board of directors meeting held on October 15, 2024, approved Second interim dividend of INR 5.00 per equity share of face value of INR 10.00 each (i.e. 50% of FV) [subject to Tax Deducted at Source] for the Financial Year 2024-25. Record Date: October 25, 2024. Payment Date: On or before November 13, 2024. Announcement • Oct 08
D. B. Corp Limited to Report Q2, 2025 Results on Oct 15, 2024 D. B. Corp Limited announced that they will report Q2, 2025 results on Oct 15, 2024 Declared Dividend • Jul 18
Dividend of ₹7.00 announced Shareholders will receive a dividend of ₹7.00. Ex-date: 29th July 2024 Payment date: 14th August 2024 Dividend yield will be 4.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is covered by both earnings (65% earnings payout ratio) and cash flows (44% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Jul 17
First quarter 2025 earnings released: EPS: ₹6.62 (vs ₹4.43 in 1Q 2024) First quarter 2025 results: EPS: ₹6.62 (up from ₹4.43 in 1Q 2024). Revenue: ₹5.90b (up 6.4% from 1Q 2024). Net income: ₹1.18b (up 50% from 1Q 2024). Profit margin: 20% (up from 14% in 1Q 2024). Revenue is forecast to grow 11% 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 36% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 11
D. B. Corp Limited to Report Q1, 2025 Results on Jul 16, 2024 D. B. Corp Limited announced that they will report Q1, 2025 results at 12:08 PM, Indian Standard Time on Jul 16, 2024 Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹365, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 16x in the Media industry in India. Total returns to shareholders of 308% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹264 per share. Recent Insider Transactions • Jun 01
Board Member recently bought ₹49m worth of stock On the 29th of May, Pawan Agarwal bought around 165k shares on-market at roughly ₹296 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought ₹105m more in shares than they have sold in the last 12 months. Declared Dividend • May 24
Dividend of ₹8.00 announced Shareholders will receive a dividend of ₹8.00. Ex-date: 3rd June 2024 Payment date: 20th June 2024 Dividend yield will be 4.4%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Buy Or Sell Opportunity • May 23
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 3.3% to ₹308. The fair value is estimated to be ₹247, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 30%. For the next 3 years, revenue is forecast to grow by 9.2% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹23.90 (vs ₹9.53 in FY 2023) Full year 2024 results: EPS: ₹23.90 (up from ₹9.53 in FY 2023). Revenue: ₹24.8b (up 16% from FY 2023). Net income: ₹4.26b (up 152% from FY 2023). Profit margin: 17% (up from 7.9% in FY 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 9.2% 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 30% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • May 17
D. B. Corp Limited to Report Q4, 2024 Final Results on May 22, 2024 D. B. Corp Limited announced that they will report Q4, 2024 final results on May 22, 2024 Buy Or Sell Opportunity • May 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 12% to ₹261. The fair value is estimated to be ₹329, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹291, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 15x in the Media industry in India. Total returns to shareholders of 259% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹329 per share. Buy Or Sell Opportunity • Mar 26
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at ₹255. The fair value is estimated to be ₹329, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Buy Or Sell Opportunity • Mar 06
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at ₹265. The fair value is estimated to be ₹332, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 25%. Revenue is forecast to grow by 17% in 2 years. Earnings are forecast to grow by 34% in the next 2 years. Price Target Changed • Mar 05
Price target increased by 11% to ₹347 Up from ₹314, the current price target is an average from 3 analysts. New target price is 25% above last closing price of ₹279. Stock is up 190% over the past year. The company is forecast to post earnings per share of ₹21.60 for next year compared to ₹9.53 last year. Reported Earnings • Jan 27
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: ₹6.96 (up from ₹2.72 in 3Q 2023). Revenue: ₹6.45b (up 14% from 3Q 2023). Net income: ₹1.24b (up 157% from 3Q 2023). Profit margin: 19% (up from 8.5% in 3Q 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 7.6% 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 increased by 25% per year but the company’s share price has increased by 61% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 25
D. B. Corp Limited Announces Executive Changes D. B. Corp. Limited approved the following changes in the Key Managerial Personnel. Ms. Anita Gokhale, existing Company Secretary & Compliance Officer has decided to step down from the office of KMP at the close of business hours on March 31, 2024 due to her personal commitments. Approved appointment of Mr. Om Prakash Pandey as Company Secretary & Compliance Officer of the Company with effect from April 1, 2024. He will also be a Key Managerial Personnel of the Company as envisaged under the Companies Act, 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Om Prakash Pandey is a qualified Company Secretary by profession with expertise in secretarial and allied corporate laws. With over 17 years of experience, he has led corporate secretarial & compliance functions, Board processes, acquisitions, mergers and handled end-to-end compliances of listed & unlisted companies. He also holds a bachelor's degree in law [LLB] from Mumbai University and a bachelor's degree in commerce [B.Com] from Rani Durgavati University, Jabalpur. Prior to joining D. B. Corp. Limited, he worked as a Company Secretary & Compliance Officer of Prataap Snacks Limited. Valuation Update With 7 Day Price Move • Jan 24
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹354, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 18x in the Media industry in India. Total returns to shareholders of 422% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹288 per share. Buy Or Sell Opportunity • Jan 24
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 17% to ₹354. The fair value is estimated to be ₹288, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 22%. Revenue is forecast to grow by 21% in 2 years. Earnings are forecast to grow by 70% in the next 2 years. Board Change • Nov 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 4 highly experienced directors. Non-Executive Independent Director Paulomi Dhawan was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Oct 31
Upcoming dividend of ₹2.00 per share at 1.3% yield Eligible shareholders must have bought the stock before 07 November 2023. Payment date: 24 November 2023. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of Indian dividend payers (1.4%). Lower than average of industry peers (1.8%). Reported Earnings • Oct 29
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: ₹5.63 (up from ₹2.75 in 2Q 2023). Revenue: ₹6.02b (up 12% from 2Q 2023). Net income: ₹1.00b (up 106% from 2Q 2023). Profit margin: 17% (up from 9.1% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.0%. Earnings per share (EPS) exceeded analyst estimates by 17%. Revenue is forecast to grow 9.1% 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 22% per year but the company’s share price has increased by 60% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Oct 27
D. B. Corp Limited Announces Declaration of Second Interim Dividend for the Financial Year 2023-24, Payable on or Before November 24, 2023 D. B. Corp. Limited announced declaration of second interim dividend of INR 2 (Rupees Two only) per Equity Share of face value ('FV') of INR 10 each (that is @20% of FV) for the Financial Year 2023-24. Payable on or before November 24, 2023. Buying Opportunity • Sep 21
Now 20% undervalued Over the last 90 days, the stock is up 68%. The fair value is estimated to be ₹294, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 86% in the next 2 years. Valuation Update With 7 Day Price Move • Sep 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹250, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 19x in the Media industry in India. Total returns to shareholders of 275% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹294 per share. New Risk • Aug 25
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 7.4% 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 (7.4% average weekly change). Buying Opportunity • Aug 22
Now 21% undervalued Over the last 90 days, the stock is up 81%. The fair value is estimated to be ₹295, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 20% in 2 years. Earnings is forecast to grow by 86% in the next 2 years. Major Estimate Revision • Jul 27
Consensus EPS estimates increase by 26% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has improved. 2024 revenue forecast increased from ₹23.4b to ₹23.8b. EPS estimate increased from ₹14.80 to ₹18.67 per share. Net income forecast to grow 58% next year vs 32% growth forecast for Media industry in India. Consensus price target up from ₹131 to ₹214. Share price rose 11% to ₹220 over the past week. Upcoming Dividend • Jul 25
Upcoming dividend of ₹3.00 per share at 2.8% yield Eligible shareholders must have bought the stock before 01 August 2023. Payment date: 18 August 2023. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 2.8%. Within top quartile of Indian dividend payers (1.5%). Higher than average of industry peers (2.1%). Announcement • Jul 22
D. B. Corp Limited Board Approves Interim Dividend Payable on or Before August 18, 2023 D. B. Corp. Limited at the board meeting held on July 20, 2023 approved declaration of Interim Dividend of INR 3 (Rupees Three only) per Equity Share of face value ('FV') of INR 10 each (i.e. @30% of FV) for the Financial Year 2023-24 [subject to Tax Deducted at Source]. Record Date is August 1, 2023. Payment date: on or before August 18, 2023. Reported Earnings • Jul 21
First quarter 2024 earnings released: EPS: ₹4.43 (vs ₹1.75 in 1Q 2023) First quarter 2024 results: EPS: ₹4.43 (up from ₹1.75 in 1Q 2023). Revenue: ₹5.54b (up 12% from 1Q 2023). Net income: ₹787.6m (up 154% from 1Q 2023). Profit margin: 14% (up from 6.3% in 1Q 2023). The increase in margin was driven by higher revenue. 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 17% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jul 14
D. B. Corp Limited to Report Q1, 2024 Results on Jul 20, 2023 D. B. Corp Limited announced that they will report Q1, 2024 results on Jul 20, 2023 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹169, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Media industry in India. Total returns to shareholders of 146% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at ₹247 per share. 