Direct-to-Home (DTH) pay-TV operator distributing satellite broadcast channels and set-top boxes under the Dish TV, D2H and Zing Super brands, with the Watcho OTT app and teleport services for broadcasters.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 184 | 184 | 184 | 184 | 184 | 184 | 184 | 184 |
| Reserves | 3.8k | 3.1k | 660 | -1.4k | -2.7k | -3.1k | -3.7k | -3.9k |
| Borrowings | 298 | 85 | 2 | 2 | 2 | 35 | 16 | 22 |
| Other Liabilities | 5.2k | 5.1k | 4.8k | 4.8k | 5.0k | 5.3k | 5.7k | 5.6k |
| Total Liabilities | 9.5k | 8.5k | 5.7k | 3.6k | 2.5k | 2.4k | 2.3k | 1.9k |
| AssetsFixed Assets | 2.8k | 1.9k | 940 | 125 | 94 | 104 | 994 | 88 |
| CWIP | 5 | 8 | 2 | 2 | 2 | 0 | 274 | 0 |
| Investments | 5.2k | 5.2k | 3.1k | 1.5k | 778 | 595 | 25 | 17 |
| Other Assets | 1.5k | 1.4k | 1.7k | 1.9k | 1.6k | 1.7k | 978 | 1.8k |
| Total Assets | 9.5k | 8.5k | 5.7k | 3.6k | 2.5k | 2.4k | 2.3k | 1.9k |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | -619 | 279 | 311 | 164 | 10 | 24 | 19 | 1 |
| Cash from Investing | 185 | -77 | -30 | -80 | -1 | -25 | 8 | 27 |
| Cash from Financing | 235 | -262 | -239 | -90 | -5 | -7 | -24 | -30 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | -710 | 210 | 282 | 141 | -4 | 13 | 10 | -16 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
DISHTV · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.