JAGRAN
Jagran Prakashan share price & financials
- Price
- ₹66.04
- Market cap
- ₹1.4k Cr
What Jagran Prakashan Limited does
Jagran Prakashan is a multi-media conglomerate built around print publishing, earning through advertisement and circulation revenue across its newspapers led by Dainik Jagran (Hindi) and Inquilab (Urdu). It also owns a majority stake in Music Broadcast Limited, which operates the Radio City FM network, runs digital news portals under Jagran New Media, and offers out-of-home (OOH) advertising and event/activation services. The group monetises its print, radio and digital reach primarily through advertising sales, supplemented by newspaper circulation revenue and OOH/activation contracts with clients.
Segments
- Radio
- Digital
- Outdoor (OOH)
- Activation
- Daily readership (Dainik Jagran)
- 83+ million
- Print presence
- 13 states/union territories
- Language operations
- 10 languages
- Publications
- 8
- Print editions/sub-editions
- 300+
- Digital media portals
- 19
Quarterly results
Q1 FY27: revenue up 8.5%, net profit down 9.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 447 | 516 | 481 | 460 | 467 +4% | 477 −8% | 472 −2% | 499 +8% |
| EBITDA | 75 | 93 | -66 | 64 | 67 −11% | 71 −24% | 48 +173% | 70 +9% |
| Net profit | 42 | 63 | -51 | 67 | 57 +36% | 55 −13% | 6 +112% | 61 −9% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −13.4% 1Y
1Y: ₹71.66 on 10 Sept 2025 → ₹62.09. High ₹78.2 (4 Jun 2026), low ₹59.85 (23 Mar 2026).
Financials, as filed
Revenue grew 0.4% a year over 3 years, FY23 to FY26. Operating margin held at 13.3%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹1.9k Cr | ₹1.9k Cr | ₹1.9k Cr | ₹1.9k Cr |
| Operating profit | ₹254 Cr | ₹271 Cr | ₹168 Cr | ₹250 Cr |
| Operating margin | 13.7% | 14.0% | 8.9% | 13.3% |
| Interest | ₹39 Cr | ₹27 Cr | ₹28 Cr | ₹21 Cr |
| Depreciation | ₹107 Cr | ₹111 Cr | ₹108 Cr | ₹86 Cr |
| Net profit | ₹196 Cr | ₹165 Cr | ₹95 Cr | ₹185 Cr |
| Net margin | 10.6% | 8.5% | 5.0% | 9.9% |
| Cash from operations | ₹272 Cr | ₹297 Cr | ₹224 Cr | ₹269 Cr |
| Free cash flow | ₹299 Cr | ₹273 Cr | ₹178 Cr | ₹233 Cr |
| ROCE | 8.0% | 9.0% | 6.0% | 12.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹56 Cr | ₹53 Cr | ₹44 Cr | ₹44 Cr | ₹44 Cr | ₹44 Cr |
| Reserves | ₹1.9k Cr | ₹2.1k Cr | ₹1.7k Cr | ₹1.9k Cr | ₹1.9k Cr | ₹2.0k Cr |
| Borrowings | ₹318 Cr | ₹352 Cr | ₹443 Cr | ₹247 Cr | ₹198 Cr | ₹110 Cr |
| Other liabilities | ₹648 Cr | ₹653 Cr | ₹739 Cr | ₹652 Cr | ₹669 Cr | ₹561 Cr |
| Total liabilities | ₹3.0k Cr | ₹3.1k Cr | ₹2.9k Cr | ₹2.8k Cr | ₹2.8k Cr | ₹2.7k Cr |
| Fixed assets | ₹1.3k Cr | ₹1.3k Cr | ₹1.1k Cr | ₹908 Cr | ₹736 Cr | ₹687 Cr |
| Capital work in progress | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹6 Cr | ₹17 Cr | ₹1 Cr |
| Investments | ₹839 Cr | ₹1.0k Cr | ₹1.0k Cr | ₹926 Cr | ₹1.1k Cr | ₹1.2k Cr |
| Other assets | ₹774 Cr | ₹842 Cr | ₹839 Cr | ₹986 Cr | ₹935 Cr | ₹834 Cr |
| Total assets | ₹3.0k Cr | ₹3.1k Cr | ₹2.9k Cr | ₹2.8k Cr | ₹2.8k Cr | ₹2.7k Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +3.73 pp while DIIs trimmed −3.34 pp. The shareholder count grew 19% to 77,927.
- Promoters
- 69.0%
- FIIs
- 2.3%
- DIIs
- 4.3%
- Public
- 24.4%
Since Jun 2025
- Public +3.73 pp
- DIIs −3.34 pp
- FIIs −0.40 pp
How it drifted, 12 quarters
Over this window the public went from 16.4% to 24.4% — +8.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 69.0%, FIIs 3.3%, DIIs 11.2%, Public 16.4%.Dec '23: Promoters 69.0%, FIIs 3.5%, DIIs 10.7%, Public 16.7%.Mar '24: Promoters 69.0%, FIIs 3.0%, DIIs 10.6%, Public 17.3%.Jun '24: Promoters 69.0%, FIIs 3.0%, DIIs 9.6%, Public 18.4%.Sep '24: Promoters 69.0%, FIIs 2.5%, DIIs 9.1%, Public 19.4%.Dec '24: Promoters 69.0%, FIIs 2.4%, DIIs 9.2%, Public 19.5%.Mar '25: Promoters 69.0%, FIIs 2.5%, DIIs 8.9%, Public 19.6%.Jun '25: Promoters 69.0%, FIIs 2.7%, DIIs 7.6%, Public 20.7%.Sep '25: Promoters 69.0%, FIIs 2.6%, DIIs 7.6%, Public 20.9%.Dec '25: Promoters 69.0%, FIIs 2.4%, DIIs 7.6%, Public 21.0%.Mar '26: Promoters 69.0%, FIIs 2.2%, DIIs 6.3%, Public 22.5%.Jun '26: Promoters 69.0%, FIIs 2.3%, DIIs 4.3%, Public 24.4%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jagran Prakashan Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jagran Media Network Investment Private Limited | 67.97% | unchanged |
| HDFC Trustee Company Limited Mutual fund | 3.89% | −2.01 pp |
| Vrsm Enterprises Llp | 0.23% | unchanged |
| Shailendra Mohan Gupta | 0.18% | unchanged |
| Dhirendra Mohan Gupta | 0.12% | unchanged |
| Vijaya Gupta | 0.07% | unchanged |
| Sameer Gupta | 0.07% | unchanged |
| Tarun Gupta | 0.06% | unchanged |
| Mahendra Mohan Gupta | 0.06% | unchanged |
| Devesh Gupta | 0.05% | unchanged |
| Sunil Gupta | 0.05% | unchanged |
| Devendra Mohan Gupta | 0.05% | 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.
Mutual funds in JAGRAN
Filings to Jul 2026
0 new, 0 added, 0 trimmed, 0 sold out — net +0.00 L shares (+0.0%).
- Held by funds
- ₹16 Cr
- 1 schemes
- Biggest holder
- HDFC Hybrid Equity Fund
- ₹16 Cr · 0.1% of that fund
| Scheme | Holding | Last month | Held since |
|---|---|---|---|
| HDFC Hybrid Equity Fund HDFC Mutual Fund | ₹16 Cr | held | Dec '22 |
HDFC, Nippon India and SBI schemes, from their monthly disclosures. Changes are counted in shares, so a price move never looks like buying or selling.
Mutual funds Jul 2026
0 added, 0 trimmed — net 0 shares (+0.0%)
- Funds are sitting on
- -10%
- vs est. average cost
- Held by funds
- ₹16 Cr
- 1 schemes · ≈ 1.2% of the company
Shares held by these funds −87%
Aug '23 24.53 L shares Jul '26
What the price assumes
AttractiveTo justify its price of ₹62, this stock must grow earnings at 1% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹84 — upside of 35%.
- Growth the price implies
- 0.5% a year
- for 7 years, fading to 4%
- It has actually compounded at
- -2.0% a year
- net profit, FY23–FY26 · EPS 6.1%
- The gap
- -0.1 pp
- 35% downside if it only repeats history
Learn to analyse Jagran Prakashan Limited
Guides on how to read this kind of business and the numbers that matter.