ESHA MEDIA RESEARCH LIMITED

₹41.93
at close · 26 Oct 2026
▼ 0.01 (-0.02%)

Latest filings

  1. BSE approves trading of promoter preferential issue · Capital Market Events
  2. RTA compliance certificate for Q2 FY26 under Regulation 74(5) · Compliance
  3. Trading Window Closure: Oct 1, 2026 till 48 hrs post Q2 results · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a media research and intelligence business, historically focused on broadcast media monitoring, with a stated pivot toward an AI-native, end-to-end media and reputation intelligence platform. Customers include corporates, brands, sports teams and public institutions. FY26 revenue stood at Rs 2.32 crore, with employee costs at 91.6% of revenue and other operating expenses at 147% of revenue, reflecting a people-heavy cost base with no material input cost. A management transition completed in 2026 brought in a new Managing Director (Siddharth Saraf) and Executive Director/CFO (Rakesh Mudgal), replacing the founding team led by Raman Iyer that had run the company for nearly three decades, and the board was reconstituted with new independent directors. The 43rd AGM held on July 7, 2026 approved fresh borrowing capacity of up to Rs 50 crore alongside adoption of FY26 financials and other routine resolutions. The filings describe the company's new direction as serving corporates, brands, sports teams and public institutions with AI-driven media and reputation intelligence.

Operating scale
FY26 revenue
Rs 2.32 croreFY26
Employee cost share of revenue
91.6%FY26
Other operating expenses share of revenue
147%FY26
Borrowing capacity approved at AGM
Up to Rs 50 croreFY26
Who pays it
Corporates, brands, sports teams and public institutions using media and reputation intelligence
Biggest cost
Employee costs, at 91.6% of revenue, with no materials cost
Kind of business
Small, people-driven media intelligence services business in mid-pivot
Where it sits
BSE-listed micro-cap media research firm transitioning from broadcast monitoring to an AI-based intelligence platform
Market Cap
₹33 Cr
P / E (TTM)
139.8×
EV / EBITDA
51.1×
Div Yield
—
Growth
68.5%▲
Revenue 5y CAGR
PAT +55.5% · EBITDA —
Quality
n/m·
ROCE · capital employed below zero
ROE n/m · margin 37.0%
Leverage
n/m·
Debt / Equity · negative net worth
Net debt ₹6.05 Cr
Revenue FY21→FY26
13.6×▲
Margin −10.2 pts
₹0 Cr → ₹2 Cr
Moves on a normal day
1.99%·
Median daily move
Last 226 sessions · the yardstick for filing-day moves

Scorecard

Measured from the filed financials · as of FY26 — not investment advice

Strengths
Revenue compounding 69% a year over 5 years
Profit compounding 56% a year over 5 years
Negative working-capital cycle — the business is funded by its suppliers
Concerns
Erratic profits — up in only 2 of the last 5 years
Negative net worth — liabilities exceed assets by ₹10 Cr (FY26)
Debt-to-equity and return on equity are not meaningful below zero equity

Charts

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Price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ESHA MEDIA RESEARCH LIMITED's filed financials and exchange disclosures

What does ESHA MEDIA RESEARCH LIMITED do?

ESHA MEDIA RESEARCH LIMITED is listed on BSE.

Is ESHA MEDIA RESEARCH LIMITED profitable?

Yes. Over the trailing twelve months ESHA MEDIA RESEARCH LIMITED reported a net profit of ₹0.23 Cr on revenue of ₹2.27 Cr.

Does ESHA MEDIA RESEARCH LIMITED pay a dividend?

Not in the latest reported year — ESHA MEDIA RESEARCH LIMITED's dividend payout for FY26 was nil.

Is ESHA MEDIA RESEARCH LIMITED debt-free?

No. It reported borrowings of ₹6.13 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹6.05 Cr after cash. Its net worth is negative — liabilities exceed assets by ₹10 Cr, so a debt-to-equity ratio is not meaningful.

How much does the ESHA MEDIA RESEARCH LIMITED share price move in a day?

On a typical session ESHA MEDIA RESEARCH LIMITED moves 1.99% — that is the median absolute close-to-close move across its last 226 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ESHA MEDIA RESEARCH LIMITED's announcements?

Every NSE and BSE filing by ESHA MEDIA RESEARCH LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.