DISHTVNSEDish TV India Limited· Media & EntertainmentHighNeutral
Announced Tue, 26 May · 18:13 IST

Dish TV India Limited has informed the Exchange about General Updates

Mgmt Guided Margin PressureInvestor Communications View source PDF

DISHTV · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.0%1-day move
₹3.38
prior close
₹3.41
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AI summary

Dish TV India reported severe financial deterioration in Q4 FY26 with operating revenues of ₹2,431 million (down 29.3% YoY) and EBITDA of ₹(700) million, swinging from a profit of ₹973 million in Q4 FY25. Subscription revenues nearly halved, declining 47.2% to ₹1,563 million. Full-year FY26 shows operating revenues of ₹11,626 million (down 25.8%) and a net loss of ₹8,074 million, more than double the prior year loss. The company cited intensifying OTT competition, shifting consumer preferences, inflationary pressures, and currency depreciation as key headwinds. Total expenses rose 27.1% YoY in Q4 while revenues fell, pushing EBITDA margin to -28.81% in Q4 and -0.59% for the full year. The company is pursuing diversification into Smart TVs (VZY brand crossed ₹100 crore sales) and connected entertainment but faces a deeply stressed financial situation.

Likely market impact

The stock faces significant pressure as Dish TV reports a dramatic collapse in subscription revenue and deeply negative EBITDA margins, indicating severe structural challenges in its core DTH business from digital competition.