Crystal Business System Ltd
₹ 1.99
-1.49%
08 Jan
- close price
About
Incorporated in 1994, Crystal Business System Ltd is in the business of launching television
channels.[1]
Key Points
- Market Cap ₹ 20.0 Cr.
- Current Price ₹ 1.99
- High / Low ₹ 3.10 / 1.85
- Stock P/E
- Book Value ₹ 1.39
- Dividend Yield 0.00 %
- ROCE 8.20 %
- ROE 6.01 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -13.1% over past five years.
- Promoter holding is low: 25.5%
- Company has a low return on equity of 2.22% over last 3 years.
- Company's cost of borrowing seems high
- Promoter holding has decreased over last 3 years: -9.67%
- Working capital days have increased from 95.1 days to 154 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2.50 | 23.41 | 24.25 | 36.13 | 55.23 | 55.41 | 34.53 | 22.48 | 23.89 | 18.94 | 15.41 | 17.12 | 13.62 | |
| 2.45 | 22.92 | 23.74 | 35.25 | 53.47 | 53.26 | 32.86 | 22.20 | 24.24 | 19.12 | 14.58 | 15.55 | 14.57 | |
| Operating Profit | 0.05 | 0.49 | 0.51 | 0.88 | 1.76 | 2.15 | 1.67 | 0.28 | -0.35 | -0.18 | 0.83 | 1.57 | -0.95 |
| OPM % | 2.00% | 2.09% | 2.10% | 2.44% | 3.19% | 3.88% | 4.84% | 1.25% | -1.47% | -0.95% | 5.39% | 9.17% | -6.98% |
| 0.00 | 0.00 | 0.07 | 0.04 | 0.00 | 0.00 | 0.03 | 0.02 | 1.19 | 0.88 | 0.08 | 0.39 | 0.44 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.01 | 0.04 | 0.02 | 0.02 | 0.02 | 0.00 | 0.00 | 0.02 | 0.14 | 0.15 |
| Depreciation | 0.00 | 0.00 | 0.01 | 0.03 | 0.05 | 0.21 | 0.47 | 0.41 | 0.47 | 0.46 | 0.42 | 0.46 | 0.41 |
| Profit before tax | 0.05 | 0.49 | 0.57 | 0.88 | 1.67 | 1.92 | 1.21 | -0.13 | 0.37 | 0.24 | 0.47 | 1.36 | -1.07 |
| Tax % | 40.00% | 30.61% | 31.58% | 34.09% | 34.13% | 27.08% | 28.10% | -15.38% | 16.22% | 150.00% | 29.79% | 33.09% | |
| 0.04 | 0.34 | 0.39 | 0.59 | 1.10 | 1.40 | 0.88 | -0.11 | 0.31 | -0.12 | 0.34 | 0.91 | -1.21 | |
| EPS in Rs | 0.11 | 0.14 | 0.09 | -0.01 | 0.03 | -0.01 | 0.03 | 0.09 | -0.12 | ||||
| Dividend Payout % | 0.00% | 0.00% | 2.50% | 0.00% | 22.80% | 1.43% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -13% |
| 3 Years: | -11% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 1% |
| 3 Years: | 38% |
| TTM: | -4133% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | -42% |
| 1 Year: | -31% |
| Return on Equity | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 2% |
| 3 Years: | 2% |
| Last Year: | 6% |
Balance Sheet
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3.25 | 3.25 | 9.75 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 | 10.03 |
| Reserves | 0.00 | 0.34 | 0.99 | 1.30 | 2.09 | 3.46 | 4.32 | 4.21 | 4.52 | 4.15 | 4.99 | 5.21 | 3.88 |
| 0.00 | 0.00 | 1.00 | 1.96 | 4.06 | 6.11 | 2.50 | 3.09 | 5.25 | 3.20 | 2.49 | 3.83 | 0.15 | |
| 1.06 | 13.15 | 10.40 | 20.46 | 13.15 | 20.14 | 11.64 | 8.48 | 8.86 | 9.47 | 7.99 | 5.52 | 7.51 | |
| Total Liabilities | 4.31 | 16.74 | 22.14 | 33.75 | 29.33 | 39.74 | 28.49 | 25.81 | 28.66 | 26.85 | 25.50 | 24.59 | 21.57 |
| 0.00 | 0.03 | 0.04 | 0.20 | 0.44 | 2.06 | 1.83 | 1.86 | 2.16 | 1.82 | 1.82 | 1.45 | 1.42 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 | 0.09 | 0.00 |
| Investments | 0.00 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 0.85 | 4.87 | 7.96 | 7.71 | 8.40 | 5.35 | 5.35 |
| 4.31 | 15.86 | 21.25 | 32.70 | 28.04 | 36.83 | 25.81 | 19.08 | 18.54 | 17.32 | 15.26 | 17.70 | 14.80 | |
| Total Assets | 4.31 | 16.74 | 22.14 | 33.75 | 29.33 | 39.74 | 28.49 | 25.81 | 28.66 | 26.85 | 25.50 | 24.59 | 21.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.25 | 6.52 | -1.68 | -13.49 | -1.13 | 3.81 | 4.43 | 1.59 | 4.97 | 0.66 | -3.50 | ||
| -0.88 | 0.05 | -0.19 | -0.29 | -1.83 | -0.23 | -4.47 | -3.87 | -0.12 | -0.43 | 1.88 | ||
| -0.95 | 7.82 | 0.50 | 1.79 | 2.03 | -3.63 | 0.59 | 2.28 | -5.72 | 0.20 | 1.15 | ||
| Net Cash Flow | -1.59 | 14.39 | -1.37 | -11.99 | -0.94 | -0.05 | 0.55 | 0.00 | -0.87 | 0.42 | -0.46 |
Ratios
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 154.82 | 16.11 | 128.50 | 88.23 | 131.22 | 60.78 | 110.25 | 88.92 | 138.37 | 137.85 | 123.23 |
| Inventory Days | 36.66 | 70.35 | ||||||||||
| Days Payable | 965.90 | 359.69 | ||||||||||
| Cash Conversion Cycle | 0.00 | 154.82 | 16.11 | 128.50 | 88.23 | -798.02 | -228.56 | 110.25 | 88.92 | 138.37 | 137.85 | 123.23 |
| Working Capital Days | 240.90 | 36.95 | -77.52 | -31.72 | 56.17 | 44.00 | 87.84 | 68.03 | 130.63 | 71.69 | 59.45 | 154.14 |
| ROCE % | 1.55% | 14.33% | 7.44% | 7.11% | 11.61% | 10.84% | 6.75% | -0.64% | 2.59% | 3.55% | 3.21% | 8.20% |
Documents
Announcements
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Closure of Trading Window
29 Dec - Trading window closed from Jan 1, 2026 until 48 hours after unaudited Q3 results for period ended Dec 31, 2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Nov 2025 - Newspaper Publication of Unaudited Financial Results for the Quarter Ended 30th September, 2025
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Outcome Of The Board Meeting Dated 08Th November, 2025.
8 Nov 2025 - Board approved unaudited results for quarter/half-year ended 30 Sep 2025: loss ₹70.11L (Q), ₹132.99L (H1); limited review.
-
Board Meeting Outcome for Outcome Of The Board Meeting Dated 08Th November, 2025
8 Nov 2025 - Approved unaudited results for quarter and half-year ended 30 Sep 2025; limited review completed.
-
Board Meeting Intimation for Prior Intimation Of Board Meeting Under Regulation 29 Of The SEBI (LODR) Regulations, 2015 And Information Regarding Reopening Of Trading Window Of Equity Shares Of The Company.
4 Nov 2025 - Board meeting on 8 Nov 2025 to consider unaudited Q2/H1 results; trading window reopens 11 Nov 2025.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from bse
Business Overview:[1]
CBSL is engaged in the business of launching
television channels for news, films, music, serials, and other programs. The company also
carries on activities related to:
a) Operating as a feature agency on a worldwide network
b) Maintaining stringers, special correspondents, and representatives at different centres
c) Undertaking other allied activities connected with broadcasting and media