D.B.Corp Limited has informed the Exchange about Transcript
DBCORP · price
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D.B. Corp reported Q4 FY26 total revenue of INR 5,896 million (+4% YoY) with EBITDA of INR 1,176 million (+15.6% YoY) and PAT of INR 622 million (+18.8% YoY). For FY2026, total revenue was INR 24,408 million (flat YoY), EBITDA INR 5,736 million, and PAT INR 3,320 million. Excluding last year's election impact, print advertising revenue grew 6.3% YoY and EBITDA grew 7.1% YoY, with EBITDA margin expanding 66 bps to 28%. Print advertising revenue for Q4 was INR 4,067 million (+6% YoY). Key growth sectors included real estate, jewelry (double-digit), and education, while FMCG was flat. Management guided that newsprint prices are expected to rise 6-8% in Q1 FY27, with current Q4 average at INR 49,000/ton. Digital MAUs stand at ~20 million; 7 new My FM radio stations added, reaching 37 cities, all EBITDA positive within 3 months. Promoter share purchases have been capped at 75%, and the Board is evaluating tax-efficient ways to return cash to shareholders (no dividend declared this year).
Strong Q4 profitability growth driven by print ad revenue recovery and cost discipline, though newsprint cost pressure looms for FY27. Management confident of sustaining ~24-26% EBITDA margins. Promoter capping at 75% limits further accumulation.