D B Corp Q2 FY27 Share Price & Earnings Call Analysis
- Market cap
- ₹2,555 Cr
- P/E
- 7.81
- ROE
- 14.31%
- PEG
- 0.31
- Price to sales
- 1.07
- Debt to equity
- 0.09
- 52W high / low
- ₹268 / ₹143
- Sales growth (5Y)
- 9.33%
- EBITDA margin
- 19.73%
- Net profit margin
- 14.13%
- Promoter holding
- 74.50%
- Sales (last year)
- ₹2,366 Cr
Guidance scorecard · Q2 FY27 call
What D B Corp Ltd's management guided
and where it ranks in Media
RevenueQ2 FY27 call
0–10%- Underlying business remains broadly stable with positive single-digit growth in advertising revenue excluding festive shift impact.
- Expected catch-up of INR40 crores advertising revenue shifted from Q2 to Q3 due to festival timing, supporting Q3 revenue.
- Optimistic on next two quarters' momentum given overall economic outlook and festive season demand.
- Focus on increasing reader engagement to enhance advertising impact despite flat circulation volumes.
- Digital business experiments underway; potential growth from subscription, advertising, and tie-ups to diversify revenue streams.
- Real estate, jewelry, IPO-related ads, and healthcare sectors showing strong double-digit growth.
2 more points from D B Corp Ltd's call on revenue
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MarginsQ2 FY27 call
FlatSee what D B Corp Ltd said on margins — free account, 30 seconds.
CapexQ2 FY27 call
None planned- No large capex is planned in the near future; all machines and production equipment are already in place.
- No major capex is foreseen for the next 4 to 5 quarters.
- The company is increasing investments in the digital business, doing multiple experiments, and committed to growing this segment.
- Digital investments focus on content, technology, and user experience to build reach and credibility.
- The company is also experimenting with subscription pricing and digital advertising models.
2 more points from D B Corp Ltd's call on capex
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FundraisingQ2 FY27 call
None plannedSee what D B Corp Ltd said on fundraising — free account, 30 seconds.
Order bookQ2 FY27 call
Ask what D B Corp Ltd said on the order book →
Full Q2 FY27 analysisRanges are what management guided for revenue growth and margins on the latest earnings call. Not investment advice, and not a forecast of returns.
Potential multibaggers · Q2 FY27
Potential multibaggers in Media
on management's own guidance
- Bright Outdoor Media LtdGood growth2
- Strong growth1
- Signpost IndiaGood growth3
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
Peers
Media companies ranked on guidance
| # | Company | Revenue guided | Margin guided | Market cap | P/E |
|---|---|---|---|---|---|
| 1 | 40%+ | Flat | ₹32 Cr | 11.6 | |
| 2 | Bright Outdoor Media Ltd | 20–40% | Up 2%+ | ₹742 Cr | 29.7 |
| 3 | Signpost India | 20–40% | Up 0–2% | ₹1,350 Cr | 18.4 |
| 4 | 20–40% | Flat | ₹531 Cr | 31.8 | |
| 5 | 20–40% | Flat | ₹222 Cr | 14.0 | |
| 6 | 20–40% | Flat | ₹64 Cr | 18.4 |
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Pro shows every company guiding 40%+ revenue growth →Full Media rankingFinancials of D B Corp Ltd
Quarterly Results, Profit & Loss, Balance Sheet, Cash Flows, and Ratios are shown below as separate sections.
Shareholder Pattern
D B Corp Ltd
Shareholding breakup across reporting periods.
| Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters + | 71.93% | 71.93% | 72.36% | 72.36% | 72.34% | 72.95% | 73.48% | 73.78% | 74.25% | 74.50% | 74.50% | 74.50% |
| FIIs + | 13.35% | 13.34% | 13.44% | 13.86% | 14.07% | 13.06% | 12.77% | 12.62% | 12.24% | 12.05% | 11.85% | 11.78% |
| DIIs + | 4.63% | 4.74% | 4.68% | 4.85% | 4.80% | 4.07% | 4.16% | 4.18% | 4.20% | 4.18% | 4.24% | 4.05% |
| Public + | 10.09% | 9.99% | 9.53% | 8.92% | 8.78% | 9.89% | 9.57% | 9.42% | 9.29% | 9.28% | 9.41% | 9.69% |
| No. of Shareholders | 44,062 | 39,140 | 36,769 | 38,946 | 39,346 | 43,136 | 43,259 | 42,295 | 41,424 | 40,879 | 41,178 | 41,663 |
Financials of D B Corp Ltd
Quarterly Results
Quarter-by-quarter operating performance
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 586 | 645 | 617 | 590 | 559 | 643 | 548 | 559 | 614 | 605 | 576 | 604 | 581 |
| Expenses + | 434 | 462 | 445 | 425 | 438 | 465 | 465 | 449 | 476 | 470 | 472 | 467 | 490 |
| Operating Profit | 152 | 183 | 172 | 164 | 121 | 177 | 83 | 111 | 138 | 135 | 104 | 136 | 91 |
| OPM % | 26% | 28% | 28% | 28% | 22% | 28% | 15% | 20% | 22% | 22% | 18% | 23% | 16% |
| Other Income + | 16 | 20 | 25 | 26 | 24 | 13 | 19 | 28 | 20 | 24 | 13 | 28 | 33 |
| Interest | 6 | 7 | 6 | 6 | 7 | 6 | 7 | 7 | 7 | 6 | 7 | 6 | 6 |
| Depreciation | 29 | 29 | 29 | 28 | 27 | 24 | 24 | 24 | 25 | 25 | 26 | 24 | 25 |
| Profit before tax | 133 | 167 | 162 | 157 | 110 | 160 | 71 | 108 | 126 | 129 | 85 | 134 | 93 |
| Tax % | 25% | 26% | 24% | 25% | 25% | 26% | 26% | 25% | 26% | 26% | 27% | 25% | 26% |
| Net Profit + | 100 | 124 | 123 | 118 | 83 | 118 | 52 | 81 | 93 | 96 | 62 | 101 | 69 |
| EPS in Rs | 5.63 | 6.96 | 6.88 | 6.62 | 4.63 | 6.63 | 2.94 | 4.54 | 5.24 | 5.36 | 3.49 | 5.65 | 3.85 |
Financials of D B Corp Ltd
Profit & Loss
Annual income statement trend
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 2,010 | 2,049 | 2,258 | 2,311 | 2,463 | 2,224 | 1,508 | 1,769 | 2,129 | 2,402 | 2,339 | 2,356 | 2,366 |
| Expenses + | 1,446 | 1,512 | 1,614 | 1,746 | 1,957 | 1,740 | 1,201 | 1,463 | 1,806 | 1,779 | 1,793 | 1,866 | 1,899 |
| Operating Profit | 564 | 538 | 644 | 565 | 506 | 484 | 307 | 305 | 324 | 623 | 546 | 490 | 467 |
| OPM % | 28% | 26% | 29% | 24% | 21% | 22% | 20% | 17% | 15% | 26% | 23% | 21% | 20% |
| Other Income + | 24 | 21 | 15 | 23 | 15 | 10 | 25 | 17 | 38 | 81 | 81 | 84 | 99 |
| Interest | 8 | 14 | 7 | 7 | 8 | 25 | 24 | 18 | 21 | 24 | 25 | 26 | 25 |
| Depreciation | 88 | 85 | 86 | 92 | 99 | 121 | 115 | 110 | 112 | 114 | 104 | 100 | 100 |
| Profit before tax | 492 | 460 | 565 | 488 | 414 | 348 | 193 | 195 | 228 | 565 | 499 | 448 | 441 |
| Tax % | 36% | 36% | 34% | 34% | 34% | 21% | 27% | 27% | 26% | 25% | 26% | 26% | |
| Net Profit + | 316 | 292 | 375 | 324 | 274 | 275 | 141 | 143 | 169 | 426 | 371 | 332 | 327 |
| EPS in Rs | 17.23 | 15.90 | 20.38 | 17.60 | 15.66 | 15.72 | 8.08 | 8.05 | 9.50 | 23.89 | 20.82 | 18.63 | 18.35 |
| Dividend Payout % | 45% | 69% | 40% | 1% | 64% | 64% | 37% | 62% | 63% | 54% | 58% | 38% |
Financials of D B Corp Ltd
Balance Sheet
Capital structure and asset base
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 184 | 184 | 184 | 184 | 175 | 175 | 175 | 177 | 178 | 178 | 178 | 178 | 178 |
| Reserves | 1,105 | 1,214 | 1,410 | 1,745 | 1,652 | 1,503 | 1,648 | 1,705 | 1,770 | 2,043 | 2,046 | 2,251 | 2,330 |
| Borrowings + | 124 | 137 | 81 | 45 | 51 | 345 | 248 | 199 | 213 | 253 | 283 | 262 | 225 |
| Other Liabilities + | 493 | 417 | 409 | 481 | 516 | 463 | 405 | 456 | 418 | 518 | 547 | 506 | 534 |
| Total Liabilities | 1,905 | 1,951 | 2,084 | 2,455 | 2,394 | 2,486 | 2,476 | 2,537 | 2,579 | 2,993 | 3,055 | 3,197 | 3,267 |
| Fixed Assets + | 816 | 867 | 910 | 1,002 | 986 | 1,221 | 1,202 | 1,154 | 1,073 | 1,059 | 997 | 1,097 | 1,049 |
| CWIP | 4 | 46 | 21 | 21 | 1 | 1 | 0 | 0 | 1 | 2 | 10 | 10 | 7 |
| Investments | 69 | 71 | 27 | 36 | 37 | 18 | 14 | 14 | 66 | 67 | 69 | 67 | 103 |
| Other Assets + | 1,016 | 968 | 1,126 | 1,397 | 1,370 | 1,245 | 1,259 | 1,369 | 1,439 | 1,864 | 1,980 | 2,023 | 2,108 |
| Total Assets | 1,905 | 1,951 | 2,084 | 2,455 | 2,394 | 2,486 | 2,476 | 2,537 | 2,579 | 2,993 | 3,055 | 3,197 | 3,267 |
Financials of D B Corp Ltd
Cash Flows
Operating, investing and financing cash movement
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 425 | 341 | 360 | 364 | 235 | 363 | 374 | 371 | 244 | 579 | 414 | 365 |
| Cash from Investing Activity + | -153 | -183 | -32 | -198 | -21 | -154 | -137 | -224 | -144 | -380 | -11 | -173 |
| Cash from Financing Activity + | -205 | -245 | -244 | -42 | -381 | -307 | -151 | -155 | -132 | -194 | -366 | -208 |
| Net Cash Flow | 67 | -87 | 84 | 124 | -166 | -98 | 86 | -7 | -32 | 5 | 37 | -16 |
| Free Cash Flow | 354 | 142 | 307 | 185 | 171 | 322 | 310 | 340 | 219 | 537 | 366 | 194 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 105% | 96% | 86% | 92% | 76% | 96% | 142% | 144% | 98% | 117% | 101% | 101% |
Financials of D B Corp Ltd
Ratios
Working capital efficiency and return ratios
| 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 | 77 | 71 | 72 |
| Inventory Days | 79 | 99 | 110 | 80 | 99 | 120 | 202 | 142 | 92 | 93 | 144 | 121 |
| Days Payable | 68 | 70 | 116 | 129 | 117 | 132 | 158 | 158 | 92 | 117 | 138 | 103 |
| Cash Conversion Cycle | 73 | 96 | 62 | 38 | 76 | 92 | 164 | 83 | 80 | 53 | 77 | 90 |
| Working Capital Days | 15 | 20 | 58 | 68 | 85 | 67 | 99 | 76 | 65 | 46 | 54 | 53 |
| ROCE % | 37% | 32% | 36% | 27% | 22% | 19% | 10% | 10% | 12% | 25% | 21% | 18% |
Guidance history
How D B Corp Ltd's guidance has moved, call by call
| Call | Revenue | Margins | Capex | Fundraising | Order book |
|---|---|---|---|---|---|
| Q2 FY27 call → | 0–10% | Flat | None planned | None planned | — |
| Q1 FY27 call → | 0–10% | Flat | Planned | — | — |
| Q4 FY26 call → | 0–10% | Flat | Planned | None planned | — |
| Q3 FY26 call → | 0–10% | Flat | Planned | — | — |
What management guided on each call, newest first. Not investment advice, and not a forecast of returns.
Momentum score · price trend
3 out of 100 — Cooling
Over the past year its share price has done worse than most of the stocks we track.
| Period | Share price change | Better than … of 1,910 stocks |
|---|---|---|
| Last 12 months | −46.6% | 7% |
| Last 6 months | −33.9% | 6% |
| Last 3 months | −31.5% | 4% |
The price is 65.1% below its all-time high of ₹409.9 (5 Aug 2016). Stocks more than 20% below their peak have their score halved, so 6 became 3.
How we calculate it
“Better than 30%” means that over that period the share price did better than 30 out of every 100 stocks we track (1,910 Indian companies worth ₹500 Cr or more, with at least a year of prices).
The score weighs the longer periods more: 40% × 12-month + 40% × 6-month + 20% × 3-month. For D B Corp Ltd: 0.4 × 7 + 0.4 × 6 + 0.2 × 4 = 6, halved to 3 because the price is more than 20% below its all-time high.
Strengthening is 70 and above, Steady 40 to 70, Cooling below 40. Scores are recalculated every night after the market closes.
Full methodology →This describes only how the share price has moved up to 30 Oct 2026, compared with other stocks. It says nothing about the business, and it is not a prediction, a price target or a recommendation to buy or sell.
Continue your research
What D B Corp Ltd's management said in earlier quarters
- Q2 FY27 earnings call analysis →
- Q1 FY27 earnings call analysis →
- Q3 FY26 earnings call analysis →
- Q2 FY26 earnings call analysis →
- Q1 FY26 earnings call →
- Q4 FY25 earnings call →
- Q3 FY25 earnings call →
- Q2 FY25 earnings call →
- Q1 FY25 earnings call →
- Q4 FY24 earnings call →
- Q3 FY24 earnings call →
- Q2 FY24 earnings call →
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