Advertising Revenue stands at Rs. 809 Cr as against Rs. 868 Cr in
H1 of last fiscal. Advertising Revenue stands at Rs. 367 Cr as
against Rs. 413.2 Cr in Q2 last fiscal.
EBIDTA stands at Rs. 280.2 Cr (margin of 24%), against EBIDTA of Rs. 272.5 Cr (margin of 22%), in H1 FY2019, after considering forex loss of Rs. 1.7 Cr. EBIDTA was at Rs. 100.6 Cr (margin of 19%), against EBIDTA of Rs. 97.7 Cr (margin of 17%) after considering forex loss of Rs. 1.71 Cr.
Radio Business: Advertising revenues at Rs. 69.3 Cr in H1FY2020, against Rs. 69.4 Cr in H1 FY2019. Advertising Revenue stands at Rs. 31.6 Cr against Rs. 37.7 Cr in Q2 FY2018.
EBIDTA stands at Rs. 20 Cr (margin of 29%) against Rs. 19.1 Cr (margin of 27%). EBIDTA stands at Rs.6.9f Cr (margin of 22%) against Rs. 12 Cr (margin of 32%).
ROE and ROCE is around 14.7% and 22% respectively and book value per share is around INR 105 and share is currently trading at 1.4x of its book value. Company is currently trading at annualized PE of around 9 and it looks good as per Industry benchmark. Promoter holding in the company is around 71.6% which is stable and good. FIIs and mutual funds hold 18.1% and 2.6% respectively. Company is virtually debt-free and three-month debtor realization period which also looks stable in this mark.
The Board of Directors at its meeting held on October 16, 2019, has declared an interim dividend of Rs. 6.50 per equity share of the face value of Rs. 10 each. The same would be paid to all eligible shareholders as on the record date declared by the Company. Last year interim dividend paid was INR 8 per share so, therefore, it's own according to the market situation.
Share price high 208 and now 152. DB Corp Limited (DBCL), India's largest print media company and home to flagship newspapers - Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and Saurashtra Samachar. Its leading newspaper in various north India states. Due to the economic slow down resulting in weak demand and less advertisement spends by various companies their top line has been impacted. Their first-half looks like to challenging in current economic stress. As per the management comments they are working on cost-effective measurement to sustain the bottom line in upcoming quarters.
Long term investor continues with the company with a target price of INR 180. The company is paying a dividend to its shareholders as well.
Disclaimer: Views are shared based on market research and study and personal in nature. Others can take a different view and opinion. Please do a thorough study before entering or exit the shares.
RD Stock (“High Returns with Low Risk is the Key”)
EBIDTA stands at Rs. 280.2 Cr (margin of 24%), against EBIDTA of Rs. 272.5 Cr (margin of 22%), in H1 FY2019, after considering forex loss of Rs. 1.7 Cr. EBIDTA was at Rs. 100.6 Cr (margin of 19%), against EBIDTA of Rs. 97.7 Cr (margin of 17%) after considering forex loss of Rs. 1.71 Cr.
Radio Business: Advertising revenues at Rs. 69.3 Cr in H1FY2020, against Rs. 69.4 Cr in H1 FY2019. Advertising Revenue stands at Rs. 31.6 Cr against Rs. 37.7 Cr in Q2 FY2018.
EBIDTA stands at Rs. 20 Cr (margin of 29%) against Rs. 19.1 Cr (margin of 27%). EBIDTA stands at Rs.6.9f Cr (margin of 22%) against Rs. 12 Cr (margin of 32%).
ROE and ROCE is around 14.7% and 22% respectively and book value per share is around INR 105 and share is currently trading at 1.4x of its book value. Company is currently trading at annualized PE of around 9 and it looks good as per Industry benchmark. Promoter holding in the company is around 71.6% which is stable and good. FIIs and mutual funds hold 18.1% and 2.6% respectively. Company is virtually debt-free and three-month debtor realization period which also looks stable in this mark.
The Board of Directors at its meeting held on October 16, 2019, has declared an interim dividend of Rs. 6.50 per equity share of the face value of Rs. 10 each. The same would be paid to all eligible shareholders as on the record date declared by the Company. Last year interim dividend paid was INR 8 per share so, therefore, it's own according to the market situation.
Share price high 208 and now 152. DB Corp Limited (DBCL), India's largest print media company and home to flagship newspapers - Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and Saurashtra Samachar. Its leading newspaper in various north India states. Due to the economic slow down resulting in weak demand and less advertisement spends by various companies their top line has been impacted. Their first-half looks like to challenging in current economic stress. As per the management comments they are working on cost-effective measurement to sustain the bottom line in upcoming quarters.
Long term investor continues with the company with a target price of INR 180. The company is paying a dividend to its shareholders as well.
Disclaimer: Views are shared based on market research and study and personal in nature. Others can take a different view and opinion. Please do a thorough study before entering or exit the shares.
RD Stock (“High Returns with Low Risk is the Key”)
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