Audited Financial Results for 31 March, 2026 are enclosed
HMVL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Hindustan Media Ventures reported FY2026 revenue of Rs 739.6 crore from continuing operations, up 9.9% from Rs 673.1 crore in FY2025. However, profit after tax from continuing operations declined 14.5% to Rs 141.1 crore due to higher tax expenses and exceptional items. The company discontinued its OTTplay business effective March 31, 2026, resulting in a loss of Rs 92.4 crore (after tax) for discontinued operations. Total PAT including discontinued operations fell 37% to Rs 48.7 crore. EBITDA from continuing operations grew 3% to Rs 204.1 crore, but EBITDA margin compressed from 29.4% to 27.6%. Exceptional items included Rs 15.2 crore impact from new Labour Codes and Rs 9.3 crore from OTTplay discontinuation. The board recommended no dividend for FY2025-26 and approved investing up to Rs 21.7 crore in Assetvault Limited. Auditors issued an unmodified (clean) opinion.
The stock may face pressure due to PAT decline despite revenue growth, driven by high exceptional items and losses from discontinued operations. The margin compression and OTTplay shutdown losses could concern investors, though the clean audit opinion and disposal of non-core assets are positives.