DB Corp Ltd
NSE:DBCORP

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DB Corp Ltd
NSE:DBCORP
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Price: 239.05 INR 1.21% Market Closed
Market Cap: ₹42.6B

DB Corp Ltd
Investor Relations

DB Corp. Ltd. engages in the business of publishing newspapers, radio broadcasting, event management, internet, and energy. The company is headquartered in Mumbai, Maharashtra. The company went IPO on 2010-01-06. Corp Limited is an India-based print media company, which is engaged in the sale of newspapers and magazines, and advertisement revenue. The firm also has a presence in the radio and digital sectors. The firm's segments include Print Segment, Radio Segment and Digital Segment. Its Print Segment includes newspaper, magazines and printing job work. Its Magazines & Supplements include Aha! Zindagi, Bal Bhaskar, Young Bhaskar, Madhurima, Navrang, Kalash, Dharmdarshan, Rasik and Lakshya. The Radio segment includes the broadcasting of radio 94.3 my Frequency modulation (FM). Its brands in publishing business include Dainik Bhaskar (Hindi daily), Divya Bhaskar and Saurashtra Samachar (Gujarati dailies), Divya Marathi (Marathi daily) and DB Star. Digital Segment includes the Websites dainikbhaskar.com, divyabhaskar.com, divyamarathi.com, homeonline.com and moneybhaskar.com.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Jan 16, 2026
AI Summary
Q3 2026

Revenue: Q3 FY '26 revenue declined 4% year-on-year to INR 6,293 million due to a high base from last year's festive and election-driven advertising.

Advertising: Q3 advertising revenue fell 7.8% YoY to INR 4,395 million, mainly due to the absence of election-related ads and a festive shift to Q2, but print ad growth was 6% on a like-to-like basis (excluding elections).

Margins: Q3 EBITDA margin improved to 25% (29% for print), supported by tight cost control and operating efficiencies.

Costs: Total operating costs decreased 2% QoQ, reflecting management's focus on efficiency.

Digital: Digital business remains a growth focus, with 21 million monthly active users on apps as of November 2025, but monetization is still in early stages.

Radio: Radio segment saw continued softness; revenue was INR 410 million with EBITDA of INR 127 million, impacted by election absence and lower government spend.

Newsprint: Newsprint prices remained stable in Q3; management expects only minor fluctuations going forward.

Government Ad Rates: Recent government approval for a 26% increase in print ad rates should support revenue from Q4.

Key Financials
Revenue
INR 6,293 million
Advertising Revenue
INR 4,395 million
EBITDA
INR 1,592 million
EBITDA Margin
25%
Profit After Tax
INR 955 million
Print EBITDA Margin
29%
Digital Monthly Active Users
21 million
Radio Revenue
INR 410 million
Radio EBITDA
INR 127 million
Print Circulation
4 million copies
Other Earnings Calls

Management

Mr. Sudhir Agarwal
MD & Executive Director
No Bio Available
Dr. Bharat Agarwal M.B.A., M.D.
Head of Corporate Public Relations & Communication and Executive Director
No Bio Available
Mr. Satyajit Sengupta M.B.A.
Chief Corporate Sales & Marketing Officer
No Bio Available
Mr. Pawan Agarwal
Deputy MD & Executive Non-Independent Director
No Bio Available
Mr. Pathik Shah B.E.
Chief Executive Officer of DB Digital
No Bio Available
Mr. Paresh Goel B.E.
Chief Technical Officer of DB Digital
No Bio Available
Mr. Sanjay Chandrashekar Joshi
Chief Business Officer
No Bio Available
Mr. Lalit Jain
CFO & Senior Executive of Accounts
No Bio Available
Mr. Rakesh Goswami
Chief Operating Officer - Operations
No Bio Available
Mr. Gupta Upendra Kumar C.A., C.S., I.C.W.A
President of Finance & Accounts
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
501, 5th floor, Naman Corporate Link, Opp. Dena Bank, C-31, G Block, Bandra Kurla Complex
Contacts
+917553988884
www.bhaskarnet.com