Dish TV India share price & results
- Jun 2026
- Sept 2026
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.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 266 | −19.1% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | -41.0 | −63.0 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | -286 | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. The year-earlier figure was zero or a loss, so no percentage is shown. | |
| Return on equity | 21.17 | +10.8 pts | Trailing twelve months | TTM to Jun 2026 | Adjusted profit attributable to owners ÷ average owners’ equity. |
| Free cash flow margin | -1.89 | −2.6 pts | Fiscal year | FY ending Mar 2026 | (Operating cash flow − fixed-asset purchases + disposals) ÷ revenue. |
| Revenue growth (YoY) | -23.79 | −10.3 pts | Trailing twelve months | TTM to Jun 2026 | Revenue change against the same period one year earlier. |
Price
Performance −54.2% 1Y
1Y: ₹4.41 on 24 Oct 2025 → ₹2.02. High ₹4.52 (29 Oct 2025), low ₹1.84 (30 Mar 2026).
- Previous close
- ₹1.98
- Market cap
- ₹372 Cr
- 52-week range
- ₹1.84 – ₹4.52
- One year
- −54.40%
- Return on equity (TTM to Jun 2026)
- 21.17%
Overview
- Symbol
- NSE:DISHTV
- Industry
- Consumer Discretionary
- Exchange
- NSE
- Currency
- INR
What Dish TV India Limited does
Based on the company's own presentations, annual report and earnings calls.
Dish TV India provides Direct-to-Home television distribution under a DTH license from the Ministry of Information and Broadcasting, transmitting satellite-based channel bundles to subscribers via set-top boxes and hybrid smart devices across urban, semi-urban and rural India. It also runs the Watcho OTT app aggregating content from providers such as JioHotstar, Z5 and SonyLIV, and provides Teleport Services to broadcasters. The company earns primarily through subscriber recharges and content packs sold via its distributor-dealer network, and has begun bundling DTH, OTT and broadband services with partner ISPs.
Segments
- DTH broadcast distribution
- Watcho OTT platform
- Teleport Services
- E-commerce / order fulfilment
- Channel/content portfolio
- 575+ channels, incl. 87 HD and 4 international channels
- Dealer network
- 1,34,000 dealers
- Distributor network
- 2,200+ distributors
- Town coverage
- 9,500 towns
- Value-added services
- 19 VAS offerings
- OTT platforms aggregated (Watcho)
- 24 platforms
Fundamentals
Ratios, each with its period
Current values with the period they cover; the trend reads across the 6 fiscal years held (Mar 2021 to Mar 2026).
Financials
What the filings say
Net profit, year on year: −201% (quarter to jun 2026 against jun 2025).
| Line item | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 396 | 373 | 344 | 329 | 291 | 299 | 243 | 266 |
| Expenses | 251 | 250 | 246 | 257 | 259 | 341 | 313 | 375 |
| Operating profit | 145 | 123 | 97 | 73 | 32 | -42 | -70 | -109 |
| Operating margin | 37.0% | 33.0% | 28.0% | 22.0% | 11.0% | −14.0% | −29.0% | −41.0% |
| Other income | 5 | 9 | -329 | 5 | 8 | -64 | -63 | 6 |
| Interest | 66 | 71 | 64 | 64 | 69 | 68 | 68 | 68 |
| Depreciation | 121 | 107 | 106 | 105 | 104 | 102 | 103 | 116 |
| Profit before tax | -37 | -47 | -402 | -92 | -133 | -276 | -304 | -286 |
| Tax rate | 0.0% | 0.0% | 0.0% | 3.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net profit | -37 | -47 | -402 | -95 | -133 | -276 | -304 | -286 |
| EPS (₹ per share) | -0.20 | -0.25 | -2.18 | -0.51 | -0.72 | -1.50 | -1.65 | -1.55 |
| Line item | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| Sales | 2,001 | 1,856 | 1,568 | 1,162 |
| Expenses | 1,043 | 1,103 | 1,038 | 1,170 |
| Operating profit | 959 | 753 | 529 | -7 |
| Other income | -2,142 | -384 | -309 | -114 |
| Interest | 285 | 267 | 268 | 269 |
| Depreciation | 693 | 473 | 439 | 414 |
| Profit before tax | -2,161 | -368 | -488 | -805 |
| Net profit | -2,017 | -1,967 | -488 | -808 |
| Line item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sept 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Equity capital | 184 | 184 | 184 | 184 | 184 | 184 |
| Reserves | 752 | -973 | -2,940 | -3,427 | -3,653 | -4,227 |
| Borrowings | 378 | 75 | 2 | 35 | 16 | 31 |
| Other liabilities | 5,354 | 5,199 | 5,463 | 5,512 | 5,723 | 5,765 |
| Total liabilities | 6,668 | 4,485 | 2,709 | 2,304 | 2,271 | 1,753 |
| Fixed assets | 3,018 | 1,056 | 1,072 | 1,040 | 994 | 873 |
| Capital work in progress | 962 | 652 | 352 | 352 | 274 | 205 |
| Investments | 0 | 0 | 16 | 25 | 25 | 12 |
| Other assets | 2,689 | 2,777 | 1,270 | 887 | 978 | 664 |
| Total assets | 6,668 | 4,485 | 2,709 | 2,304 | 2,271 | 1,753 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Cash from operations | 1,574 | 1,141 | 668 | 676 | 410 | 71 |
| Cash from investing | -481 | -669 | -341 | -595 | -377 | -51 |
| Cash from financing | -1,112 | -494 | -328 | -88 | -27 | -29 |
| Net cash flow | -19 | -21 | -1 | -7 | 6 | -9 |
| Free cash flow | 1,115 | 507 | 313 | 85 | 11 | -22 |
| Line item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Debtor days | 10 | 10 | 15 | 13 | 19 | 20 |
| Inventory days | — | — | — | — | — | 103 |
| Days payable | — | — | — | — | — | 1847 |
| Cash conversion cycle | 10 | 10 | 15 | 13 | 19 | -1724 |
| Working capital days | -648 | -670 | -755 | -945 | -1173 | -1716 |
| Return on capital employed | 12.0% | 26.0% | 70.0% | — | — | — |
| Dividend payout | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Where revenue comes from
The businesses behind the company’s reported revenue.
DTH business contributes 80.4% of reported segment revenue.
Quarter ended 30 Jun 2026 · Consolidated
- DTH business 80.4%
₹213.60 crore
- LED TV business 19.4%
₹51.55 crore
- Others 0.3%
₹0.68 crore
| Business segment | Revenue · ₹ crore | Share |
|---|---|---|
| DTH business | 213.60 | 80.4% |
| LED TV business | 51.55 | 19.4% |
| Others | 0.68 | 0.3% |
Share = segment revenue ÷ total segment revenue, before intersegment adjustments.
How these numbers add up
- Total segment revenue
- ₹265.83 crore
- Intersegment adjustment
- Not reported
- Net segment revenue
- ₹265.83 crore
Intersegment transactions are between the company’s own businesses. Net segment revenue can differ from income-statement revenue because reporting definitions differ.
Source: FinEdge · Last checked 19 Sept 2026. Reported segment names are kept as supplied.
Ownership
Who owns it
Public hold 85.69% as of Sept 2026; institutions cut 0.20 pts since Jun 2026.
- Promoters 4.23%
- Foreign institutions 7.60%
- Domestic institutions 2.50%
- Government 0.00%
- Public 85.69%
Who bought this quarter
since Jun 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- +0.18 pp 2.17% held
The same filing shows 0 holders trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Sep 2026 filing
Every holder of Dish TV India Limited above SEBI's 1% disclosure line, and what changed since Jun 2026.
| Holder | Stake | Change |
|---|---|---|
| 24.19% | unchanged | |
| FPI fund | 4.30% | unchanged |
| 2.17% | +0.18 pp | |
| 1.91% | unchanged | |
| NBFC / DFI | 1.89% | unchanged |
| 1.57% | unchanged | |
| 1.47% | unchanged | |
| 0.56% | unchanged | |
| 0.17% | unchanged | |
| 0.05% | unchanged | |
| 0.03% | unchanged | |
| 0.02% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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