DB Corp Declares ₹5 Interim Dividend for FY26; Q1FY26 PAT Falls 31% YoY to ₹808 Mn, Stock Slips 2.06%
By Shishta Dutta | Published at: Jul 16, 2025 02:14 PM IST
Mumbai, July 16, 2025 – The shares of DB Corp Ltd (NSE: DBCORP, BSE: 533151) plunged by approximately 2% (by 01:30 PM) after the company announced its Q1FY26 results. The net profit declined by 31.5% YoY (Year on Year), largely due to the high base of the previous year’s elections-led advertisement boost. Despite announcing an interim dividend of ₹5 per share, the stock reacted negatively.
Q1FY26 Financial Highlights (Consolidated)
| Particulars | Q1FY26 (₹ Mn) | Q4FY25 (₹ Mn) | QoQ Change | Q1FY25 (₹ Mn) | YoY Change |
|---|---|---|---|---|---|
| Total Revenue | 5,872 | 5,668 | +3.6% | 6,163 | -4.7% |
| Advertising Revenue | 3,978 | 3,845 | +3.5% | 4,277 | -7.0% |
| Circulation Revenue | 1,203 | 1,172 | +2.7% | 1,192 | +1.0% |
| EBITDA | 1,384 | 1,017 | +36.1% | 1,909 | -27.5% |
| Net Profit | 808 | 523 | +54.4% | 1,179 | -31.5% |
| EPS (₹) | 4.53 | 2.94 | – | 6.61 | – |
Dividend Announcement: The Board declared an interim dividend of ₹5 per equity share (50% of face value), with a record date set as July 23, 2025, and payment due on or before August 14, 2025.
Segment-wise Revenue & Profit (Q1FY26)
| Segment | Revenue (₹ Mn) | Segment Profit (₹ Mn) |
|---|---|---|
| Printing, Publishing & Allied | 5,205.92 | 819.59 |
| Radio | 390.44 | 79.95 |
- Radio Advertisement Revenue grew 1.2% YoY to ₹392 Mn, with EBITDA at ₹115 Mn, down 13.1% YoY.
- Digital Business continued its expansion, reaching ~22 million MAUs as of May 2025.
Market Reaction: Stock Falls After Q1 Earnings Miss
DB Corp was trading at ₹266.00 as of 1:26 PM IST on July 16, 2025, with an intraday high of ₹271.95 and a low of ₹261.10 so far. The stock is down ~2.06% today, continuing its weak trend: it has underperformed over the past year, sitting ~34% below its 52-week high of ₹403. Over 3 years, returns have been muted, and the stock currently trades at a P/E of ~14x, below the sector average
| Price Data (₹) | Value |
|---|---|
| Previous Close | 272.20 |
| Day’s High / Low | 271.95 / 261.10 |
| VWAP | 267.64 |
| 52-Week High / Low | 403.90 / 189.05 |
| Market Cap | ₹4,733.61 Cr |
| PE Ratio (Adjusted/Symbol) | 13.08 |
Management Commentary
Sudhir Agarwal, Managing Director, said:
“Despite a high base effect from last year’s general elections, our core performance remained steady – supported by stable advertising trends, soft newsprint prices, and disciplined cost structures. Our digital business continues to scale rapidly, with Monthly Active Users reaching the 22 million mark this quarter – reinforcing our position as India’s leading Indian language news app platform.”
He added that upcoming reforms like income tax rationalisation, falling interest rates, and the 8th Pay Commission could boost media consumption across Tier II and rural markets.
AGM Announcement
The 29th Annual General Meeting of the company will be held on September 2, 2025 at 11:30 a.m. IST via video conferencing.
About DB Corp Ltd
DB Corp Ltd is India’s largest print media company with a readership of over 6.67 crore across 12 states. It publishes major dailies including Dainik Bhaskar, Divya Bhaskar, and Divya Marathi in Hindi, Gujarati, and Marathi. The group also operates 94.3 MY FM across 30 cities and is rapidly scaling its digital presence through mobile news apps. The company is listed on both NSE and BSE under the ISIN: INE950I01011.
REF: https://nsearchives.nseindia.com/corporate/DBCORP_16072025122537_DBCL_Results_Outcome_of_Board_Meeting_16072025.pdf
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