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    D B Corp

    India's largest newspaper group - publishes 5 dailies across 14 states, runs MY FM radio and Dainik Bhaskar's news apps.

    Media, Entertainment & Publication
    Consumer Discretionary
    View DBCORP earnings calls
    ₹204.19
    -3.15% from avg

    Overview

    Price

    ₹204.19

    Market Cap

    ₹3.8k Cr

    Sector

    Media, Entertainment & Publication

    Consumer Discretionary

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital175175177178178178178178
    Reserves1.5k1.6k1.7k1.8k2.0k2.0k2.1k2.3k
    Borrowings345248199213253283291262
    Other Liabilities463405456418518547546506
    Total Liabilities2.5k2.5k2.5k2.6k3.0k3.1k3.1k3.2k
    AssetsFixed Assets1.2k1.2k1.2k1.1k1.1k9979781.1k
    CWIP1001210253
    Investments1814146667697467
    Other Assets1.2k1.3k1.4k1.4k1.9k2.0k2.1k2.0k
    Total Assets2.5k2.5k2.5k2.6k3.0k3.1k3.1k3.2k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating235363374371244579414365
    Cash from Investing-21-154-137-224-144-380-11-173
    Cash from Financing-381-307-151-155-132-194-366-208
    SummaryCapital Expenditure
    Free Cash Flow171322310340219537366207
    FCF Margin

    Valuation

    Assumptions

    Current — DBCORP
    Price
    ₹204
    EPS (TTM)
    ₹19.74
    PE (TTM)
    10.3
    Profit growth
    25.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (12.2×) and current (10.3×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹204
    vs
    Fair value · 15% return
    ₹280
    37%Undervalued

    At 25.2% growth and a 10× exit, ₹204 only delivers your return if you pay ₹280. The price is currently baking in 18% growth.

    EPS grows 25.2%/yr for 5 years, then fades to 6% over 2, exits at 10×.

    YearGrowthEPS (₹)
    FY2725.2%24.71
    FY2825.2%30.94
    FY2925.2%38.74
    FY3025.2%48.50
    FY3125.2%60.73
    FY3215.6% ·fade70.20
    FY336.0% ·fade74.41

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse D B Corp

    Guides on how to read this kind of business and the numbers that matter.