Dashboard/DBCORP

DBCORP

UNDERVALUED

DB Corp (Dainik Bhaskar)

Media · NSE

↑ 20.5% vs fair value

52W Low

₹185

+7.9% from low

52W High

₹292

-31.8% from high

News sentiment (0 articles)

0 bull0 neutral0 bear

✦

Analyst Note

2d ago

DB Corp trades at ₹199, trading 22.5% below a fair value of ₹250.3, signaling undervaluation with low confidence given the media sector's structural weakness. The company carries a modest PE of 11.7x with strong cash generation at ₹365 Cr and a 20.6% ROCE, but faces headwinds with revenue declining 5.8% and earnings falling 19% year-on-year, though long-term earnings growth stands at 37.5%. The stock sits near 52-week lows with neutral sentiment sustained over the past month, reflecting investor caution. This suits defensive value investors comfortable with cyclical media exposure and dividend yields of 3.3%.

Valuation Gauge

UNDERVALUED+20.5% Margin of Safety

OVERVALUEDFAIRLY VALUEDUNDERVALUED

Current Price

₹199

Fair Value

₹250

Fair Value Analysis

₹250

Based on earnings growth potential for Media sector companies | Sector-cheap: P/E at 24th percentile vs sector peers.

Low confidence

Growth Valuation

100% weight

₹250

Price vs Market

DBCORP

Nifty 50

Shareholding Pattern

Stock Health Score

Financially Strong

9.9 / 10

Profitability

10/10

ROE of 19.4% is above the Media sector benchmark of 15% — strong returns

Debt & Leverage

10/10

D/E ratio of 0.1x is well within the Media sector norm of 0.8x — strong balance sheet

Valuation vs Peers

10/10

P/E of 7.9x trades at a 95% discount to Media sector median (166x) — attractively valued

Cash Flow

10/10

FCF margin of 16.0% — exceptional cash generation (₹365 Cr)

Earnings Growth

10/10

5yr EPS CAGR of 37.5% is well above the Media sector average of 18.1% — strong growth

Dividend

9/10

Dividend yield of 3.5% provides strong shareholder returns (benchmark: 1.5%)

Sentiment Trend — Last 30 Days

Historical Returns

Key Ratios & Growth

FCF Yield

11.3%

Free cash flow / market cap

Revenue Growth (YoY)

+4.6%

Year-on-year revenue change

Profit Growth (YoY)

+4.0%

Year-on-year PAT change

Operating Cash Flow

₹414 Cr

TTM cash from operations

Key Financials

EPS (TTM)

₹25

P/E Ratio

7.9x

P/B Ratio

1.5x

ROE

19.4%

ROCE

20.6%

Debt / Equity

0.13x

Beta

0.17

Div Yield

3.5%

FCF (Cr)

₹365 Cr

Revenue (Cr)

₹2,284 Cr

EPS Growth 5Y

37.6%

Mkt Cap (Cr)

₹3,550 Cr

52W High

₹291.9

52W Low

₹184.5

Book Value/Share

₹128.6

Financial History

Period	Revenue	Op Profit	OPM%	PAT	EPS
TTM	₹2.3K Cr	₹467 Cr	20.0%	₹322 Cr	₹18.08
2025-03-31	₹2.3K Cr	₹546 Cr	23.0%	₹371 Cr	₹20.82
2024-03-31	₹2.4K Cr	₹623 Cr	26.0%	₹426 Cr	₹23.89
2023-03-31	₹2.1K Cr	₹324 Cr	15.0%	₹169 Cr	₹9.50
2022-03-31	₹1.8K Cr	₹305 Cr	17.0%	₹143 Cr	₹8.05
2021-03-31	₹1.5K Cr	₹307 Cr	20.0%	₹141 Cr	₹8.08
2020-03-31	₹2.2K Cr	₹484 Cr	22.0%	₹275 Cr	₹15.72
2019-03-31	₹2.5K Cr	₹506 Cr	21.0%	₹274 Cr	₹15.66
2018-03-31	₹2.3K Cr	₹565 Cr	24.0%	₹324 Cr	₹17.60
2017-03-31	₹2.3K Cr	₹644 Cr	29.0%	₹375 Cr	₹20.38
2016-03-31	₹2.0K Cr	₹538 Cr	26.0%	₹292 Cr	₹15.90
2015-03-31	₹2.0K Cr	₹564 Cr	28.0%	₹316 Cr	₹17.23
2014-03-31	₹1.9K Cr	₹502 Cr	27.0%	₹307 Cr	₹16.71

Compounded Growth Rates

Sales Growth

3Y+3.0%

5Y+9.1%

10Y+1.3%

Profit Growth

3Y+24.0%

5Y+18.0%

10Y+1.0%

EPS Growth

3Y+23.9%

5Y+17.5%

10Y+1.3%

Peer Comparison

Media

Stock	Price	Fair Value	MoS%	P/E	ROE	Signal
PREMIERPOL Premier Polyfilm Limited	₹58.8	₹390.4	+85.0%	22.5	19.3%	UNDERVALUED
TOUCHWOOD Touchwood Entertainment Limited	₹70	₹195.6	+64.2%	15.4	15.0%	FAIRLY_VALUED
TIPSMUSIC Tips Music Limited	₹521.3	₹1,012.8	+48.5%	35.9	73.3%	UNDERVALUED
JAGRAN Jagran Prakashan	₹63.6	₹119.1	+46.6%	8.2	13.3%	FAIRLY_VALUED
BTML Bodhi Tree Multimedia Limited	₹6.2	₹8.3	+25.2%	124.2	9.7%	FAIRLY_VALUED
DBCORP DB Corp (Dainik Bhaskar)	₹199	₹250.3	+20.5%	11	19.4%	UNDERVALUED
SAREGAMA Saregama India	₹318.9	₹352.6	+9.6%	32.1	13.3%	FAIRLY_VALUED
HMVL Hindustan Media Ventures Limited	₹63.8	₹56.4	-13.1%	6.8	2.7%	FAIRLY_VALUED