D B Corp Ltd
D.B. Corp Ltd is engaged in the business of publishing newspapers, radio broadcasting, providing integrated internet and mobile interactive services and event management. Its major brands include Dainik Bhaskar (Hindi daily), Divya Bhaskar and Saurashtra Samachar (Gujarat daily) and Divya Marathi (Marathi daily).[1]
- Market Cap ₹ 3,694 Cr.
- Current Price ₹ 207
- High / Low ₹ 292 / 185
- Stock P/E 11.1
- Book Value ₹ 136
- Dividend Yield 5.80 %
- ROCE 18.2 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 19.9% CAGR over last 5 years
- Company has been maintaining a healthy dividend payout of 50.0%
Cons
- The company has delivered a poor sales growth of 9.33% over past five years.
* 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.
Peer comparison
Consumer Discretionary Media, Entertainment & Publication Media Print Media
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,009 | 2,048 | 2,257 | 2,311 | 2,463 | 2,224 | 1,508 | 1,769 | 2,128 | 2,400 | 2,338 | 2,355 | |
| 1,444 | 1,507 | 1,611 | 1,746 | 1,957 | 1,740 | 1,201 | 1,463 | 1,805 | 1,779 | 1,792 | 1,867 | |
| Operating Profit | 565 | 541 | 647 | 565 | 506 | 484 | 307 | 306 | 323 | 622 | 546 | 488 |
| OPM % | 28% | 26% | 29% | 24% | 21% | 22% | 20% | 17% | 15% | 26% | 23% | 21% |
| 24 | 21 | 15 | 23 | 15 | 10 | 25 | 17 | 38 | 80 | 81 | 85 | |
| Interest | 8 | 14 | 7 | 7 | 8 | 25 | 24 | 18 | 21 | 24 | 25 | 26 |
| Depreciation | 88 | 85 | 86 | 92 | 99 | 121 | 115 | 110 | 112 | 114 | 104 | 100 |
| Profit before tax | 493 | 463 | 568 | 489 | 414 | 348 | 193 | 195 | 227 | 564 | 498 | 447 |
| Tax % | 36% | 36% | 34% | 34% | 34% | 21% | 27% | 27% | 26% | 25% | 26% | 26% |
| 317 | 296 | 377 | 324 | 274 | 275 | 141 | 142 | 168 | 424 | 371 | 332 | |
| EPS in Rs | 17.26 | 16.09 | 20.52 | 17.63 | 15.66 | 15.71 | 8.08 | 8.04 | 9.44 | 23.83 | 20.80 | 18.61 |
| Dividend Payout % | 45% | 68% | 20% | 6% | 64% | 64% | 37% | 62% | 64% | 55% | 58% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 9% |
| 3 Years: | 3% |
| TTM: | 1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 20% |
| 3 Years: | 25% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 16% |
| 3 Years: | 18% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 14% |
| 3 Years: | 17% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 184 | 184 | 184 | 184 | 175 | 175 | 175 | 177 | 178 | 178 | 178 | 178 |
| Reserves | 1,103 | 1,216 | 1,415 | 1,750 | 1,657 | 1,508 | 1,653 | 1,710 | 1,774 | 2,046 | 2,049 | 2,252 |
| 124 | 137 | 81 | 45 | 51 | 345 | 248 | 199 | 213 | 253 | 283 | 262 | |
| 492 | 416 | 409 | 481 | 516 | 463 | 405 | 456 | 418 | 518 | 547 | 506 | |
| Total Liabilities | 1,902 | 1,953 | 2,089 | 2,460 | 2,399 | 2,491 | 2,481 | 2,542 | 2,583 | 2,995 | 3,057 | 3,198 |
| 814 | 865 | 908 | 1,000 | 984 | 1,219 | 1,200 | 1,152 | 1,071 | 1,057 | 995 | 1,102 | |
| CWIP | 4 | 46 | 21 | 21 | 1 | 1 | 0 | 0 | 1 | 2 | 10 | 3 |
| Investments | 70 | 73 | 35 | 43 | 44 | 26 | 22 | 22 | 74 | 74 | 76 | 75 |
| 1,015 | 970 | 1,124 | 1,396 | 1,369 | 1,244 | 1,258 | 1,368 | 1,436 | 1,861 | 1,976 | 2,018 | |
| Total Assets | 1,902 | 1,953 | 2,089 | 2,460 | 2,399 | 2,491 | 2,481 | 2,542 | 2,583 | 2,995 | 3,057 | 3,198 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 426 | 341 | 366 | 365 | 236 | 363 | 374 | 371 | 244 | 578 | 414 | 365 | |
| -153 | -183 | -38 | -198 | -21 | -154 | -137 | -224 | -144 | -380 | -12 | -172 | |
| -205 | -245 | -244 | -42 | -381 | -307 | -151 | -155 | -132 | -194 | -366 | -208 | |
| Net Cash Flow | 68 | -87 | 84 | 124 | -166 | -98 | 86 | -8 | -32 | 4 | 36 | -15 |
| Free Cash Flow | 354 | 142 | 313 | 185 | 172 | 322 | 310 | 340 | 219 | 536 | 366 | 207 |
| CFO/OP | 105% | 95% | 87% | 92% | 76% | 96% | 142% | 143% | 98% | 117% | 101% | 101% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 63 | 67 | 68 | 87 | 94 | 104 | 120 | 99 | 80 | 78 | 71 | 72 |
| Inventory Days | 79 | 99 | 110 | 80 | 99 | 120 | 202 | 142 | 92 | 93 | 144 | 121 |
| Days Payable | 68 | 69 | 116 | 129 | 117 | 132 | 158 | 158 | 92 | 117 | 138 | 103 |
| Cash Conversion Cycle | 73 | 97 | 62 | 38 | 76 | 92 | 164 | 83 | 80 | 53 | 77 | 90 |
| Working Capital Days | 15 | 38 | 58 | 69 | 85 | 67 | 99 | 76 | 65 | 46 | 54 | 62 |
| ROCE % | 37% | 32% | 36% | 27% | 22% | 19% | 10% | 10% | 12% | 25% | 21% | 18% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Number of Newspaper Editions Count |
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| Number of Printing Centers Count |
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| Radio Stations (MY FM) Count |
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| Circulation - Daily Copies Sold (Group) Lakh Copies |
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| Digital News App Monthly Active Users (MAU) - Dainik Bhaskar Million |
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| Average Newsprint Prices INR/MT |
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| Average Realization per Copy INR |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
22 May - Intimation of Schedule of Analysts/Investors Meet to be held on Friday, May 29, 2026
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Compliances-Reg.24(A)-Annual Secretarial Compliance
14 May - D B Corp issued FY26 annual secretarial compliance report; no non-compliances reported.
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
14 May - Transcript of the Conference Call for Investors and Analysts held on Monday, May 11, 2026
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Announcement under Regulation 30 (LODR)-Newspaper Publication
12 May - Newspaper Advertisement- Audited Financial Results (Standalone and Consolidated) for the quarter and financial year ended March 31, 2026.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
11 May - Audio recording of May 11, 2026 earnings call for Q4 and FY ended March 31, 2026 uploaded.
Annual reports
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Financial Year 2025
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Financial Year 2024
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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 2012
from bse
Concalls
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May 2026TranscriptPPT
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Jan 2026TranscriptPPTREC
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Oct 2025TranscriptPPT
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Jul 2025TranscriptPPTREC
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May 2025TranscriptPPTREC
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Jan 2025Transcript PPT
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Oct 2024TranscriptPPT
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Jul 2024Transcript PPT
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Jan 2024Transcript PPT REC
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Nov 2023Transcript PPT
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Jul 2023Transcript PPT
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May 2023TranscriptPPT
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Feb 2023TranscriptPPT
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Oct 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022TranscriptPPT
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Oct 2021TranscriptPPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Jan 2021TranscriptPPT
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Oct 2020TranscriptPPT
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Aug 2020TranscriptPPT
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Jun 2020TranscriptPPT
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Jan 2020TranscriptPPT
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Oct 2019TranscriptPPT
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Jul 2019TranscriptPPT
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May 2019TranscriptPPT
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Oct 2018TranscriptPPT
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Jul 2018TranscriptPPT
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May 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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May 2017TranscriptPPT
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Jan 2017TranscriptPPT
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Oct 2016TranscriptPPT
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Jul 2016TranscriptPPT
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May 2016TranscriptPPT
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Oct 2015TranscriptPPT
Business Segments