D B Corp Ltd: Front Page Fame or Just Yesterday’s Paper?
1. At a Glance
India’s top Hindi daily publisher—Dainik Bhaskar—is sitting on a 4.6% dividend yield and ROCE over 20%. But with sales growth crawling like a sloth on a treadmill, is this a media mogul in semi-retirement?
2. Introduction with Hook
Imagine running the biggest Hindi daily in India and still struggling with top-line growth. That’s D B Corp for you—a content king trying to stay relevant in the digital jungle.
Market Cap: ₹5,009 Cr
Dividend Yield: 4.62% (Yes, really.)
Stock P/E: 15 (Your average desi bargain.)
But…
5-Year Sales Growth: 1% (Are they printing or sleepwalking?)
Q1FY26 Net Profit: ₹81 Cr, down from ₹118 Cr YoY
3. Business Model (WTF Do They Even Do?)
D B Corp publishes newspapers in Hindi, Gujarati, and Marathi, runs 94.3 MY FM across 30+ cities, and dabbles in digital and event marketing.
Key Brands:
Dainik Bhaskar (Hindi)
Divya Bhaskar / Saurashtra Samachar (Gujarati)
Divya Marathi They’re also in digital (bhaskar.com), radio (My FM), and events (local promotions).