DB Corp. Ltd. (DBCORP) AI Stock Analysis

• Market Cap: ₹40.10B
• Dividend Yield: 3.84%
• Average Volume (3M): 5.93K
• Price to Earnings (P/E): 12.4
• Beta (1Y): 1.28
• Revenue Growth: -1.93%
• EPS Growth: -22.88%
• Country: IN
• Employees: 4,649
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Publishing
• EPS (TTM): 5.40
• Shares Outstanding: 178,242,360
• 10 Day Avg. Volume: 2,886
• 30 Day Avg. Volume: 5,928
• PEG Ratio: -0.87
• Price to Book (P/B): 1.88
• Price to Sales (P/S): 1.79
• P/FCF Ratio: 11.43
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 20.4
• Revenue Forecast (FY): ₹23.77B

• Rating: 67 Neutral
• Price Target: ₹244.00 ▼(-5.19% Downside)
• Action: Reiterated Date: 10/28/25
• Date: Action: Reiterated 10/28/25

DB Corp. Ltd. shows a balanced profile with solid financial health and a fair valuation. The technical indicators suggest mixed signals, with short-term bullish momentum but potential bearish pressure. The absence of earnings call and corporate events data limits the analysis, but the company's attractive dividend yield and reasonable P/E ratio support a positive outlook.

Positive Factors

Margin sustainability

Consistently strong gross margins and robust EBIT/EBITDA margins indicate durable operational efficiency across print and allied media. This margin strength supports internal funding for digital investment and dividends, and provides a buffer against cyclic ad revenue shocks over the next 2–6 months.

Balance sheet strength

A strong equity base and low debt-to-equity reflect conservative leverage and lower refinancing risk. This financial flexibility helps the company absorb advertiser cyclicality, pursue strategic investments, and maintain operations without pressing liquidity stress in the medium term.

Operating cash generation

A strong operating cash flow to net income ratio signals quality of earnings and reliable cash conversion from print and digital operations. That steady cash generation supports working capital, routine capex and dividend payments, preserving financial resilience through industry cyclicality.

Negative Factors

Declining revenue growth

Negative revenue growth and a year‑over‑year top‑line decline point to structural pressure on circulation and advertising sales. Sustained revenue weakness can erode scale economics, reduce bargaining power with advertisers, and limit funds for digital transition or geographic expansion over the medium term.

Free cash flow decline

Declining free cash flow constrains capacity for strategic investments, digital product development, or acquisitions. Even with positive operating cash, falling FCF reduces optionality for reinvestment and heightens reliance on margins and balance sheet buffers to sustain growth over the coming months.

Earnings contraction (EPS growth)

A sharp negative EPS growth rate suggests earnings pressure from lower ad volumes or cost headwinds. Continued EPS contraction undermines shareholder returns, may force tighter cost controls, and can limit resources available for strategic initiatives needed to arrest revenue declines over the medium term.

DB Corp. Ltd. Business Overview & Revenue Model

Company Description

D. B. Corp Limited engages in newspaper printing and publishing, radio broadcasting, event management, and integrated internet and mobile interactive service businesses in India and internationally. The company operates through Printing/Publishing and Allied Businesses, and Radio segments. It publishes Dainik Bhaskar, Divya Bhaskar, Divya Marathi, Saurashtra Samachar, and DB Star newspapers in 3 languages, such as Hindi, Gujarati, and Marathi. The company also publishes Aha! Zindagi, Bal Bhaskar, Young Bhaskar, Madhurima, Navrang, Kalash, Dharmdarshan, Rasik, and Lakshya magazines. In addition, it operates a network of 30 radio stations in 7 states under the 94.3 My FM brand name; digital portals, such as dainikbhaskar.com, divyabhaskar.com, divyamarathi.com, homeonline.com, bollywoodbhaskar.com, moneybhaskar.com, and bhaskareducation.com; and 4 mobile applications comprising Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and home online. The company was incorporated in 1995 and is headquartered in Bhopal, India.

How the Company Makes Money

DB Corp. generates revenue primarily through the sale of advertisements in its print and digital publications, which constitutes a significant portion of its earnings. The company also earns money from subscription sales of its newspapers and magazines, providing a steady stream of income. Additionally, DBCORP has ventured into the broadcasting sector, expanding its revenue base through radio and television channels. Strategic partnerships with advertisers and brands enhance its advertising revenue, while digital initiatives, including mobile applications and websites, tap into the growing online audience, further contributing to its financial performance.

DB Corp. Ltd. Financial Statement Overview

Summary

DB Corp. Ltd. demonstrates solid financial health with strong profitability and operational efficiency. However, challenges in revenue growth and cash flow management are evident, necessitating a focus on revenue generation and cash flow optimization.

Income Statement

DB Corp. Ltd. shows a mixed performance in its income statement metrics. While the company demonstrates strong gross profit margins consistently over the years, there is a noticeable decline in total revenue from 2024 to 2025. The net profit margin is healthy, but the revenue growth rate is negative, indicating potential challenges in maintaining top-line expansion. The EBIT and EBITDA margins are robust, showcasing operational efficiency.

Balance Sheet

The balance sheet of DB Corp. Ltd. is relatively solid with a strong equity base. The debt-to-equity ratio is low, reflecting conservative leverage. The return on equity is satisfactory, indicating effective utilization of shareholders' funds. However, the equity ratio shows a moderate portion of financing through liabilities, which could pose risks if asset quality deteriorates.

Cash Flow

The company exhibits a strong operating cash flow to net income ratio, indicating healthy cash generation from operations. However, free cash flow has declined in the latest period, which may impact future strategic investments. The free cash flow to net income ratio remains positive, suggesting adequate cash flow coverage, but the declining free cash flow growth rate highlights areas for improvement in cash management.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	23.09B	23.39B	24.07B	21.29B	17.69B	15.08B
Gross Profit	14.13B	8.55B	12.12B	4.78B	8.19B	4.17B
EBITDA	5.57B	5.45B	6.98B	3.56B	2.91B	3.27B
Net Income	3.34B	3.71B	4.26B	1.69B	1.43B	1.41B
Balance Sheet
Total Assets	0.00	30.55B	29.93B	25.79B	25.37B	24.76B
Cash, Cash Equivalents and Short-Term Investments	10.68B	10.68B	6.07B	1.98B	5.17B	3.12B
Total Debt	0.00	2.83B	2.53B	2.13B	1.99B	2.48B
Total Liabilities	-22.25B	8.30B	7.72B	6.31B	6.54B	6.53B
Stockholders Equity	22.25B	22.25B	22.21B	19.48B	18.82B	18.23B
Cash Flow
Free Cash Flow	0.00	3.65B	5.31B	2.18B	3.40B	3.07B
Operating Cash Flow	0.00	4.14B	5.79B	2.44B	3.71B	3.74B
Investing Cash Flow	0.00	-114.49M	-3.80B	-1.44B	-2.24B	-1.37B
Financing Cash Flow	0.00	-3.66B	-1.94B	-1.32B	-1.55B	-1.51B

DB Corp. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 257.35
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DBCORP, the sentiment is Negative. The current price of 257.35 is above the 20-day moving average (MA) of 235.16, above the 50-day MA of 244.97, and above the 200-day MA of 257.01, indicating a bearish trend. The MACD of -5.24 indicates Positive momentum. The RSI at 42.76 is Neutral, neither overbought nor oversold. The STOCH value of 36.47 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DBCORP.

DB Corp. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
JAGRAN	76 Outperform	₹13.80B	8.41	―	15.46%	0.72%	-4.52%
DBCORP	67 Neutral	₹40.10B	12.45	―	3.84%	-1.93%	-22.88%
SANDESH	67 Neutral	₹7.58B	6.91	―	0.46%	―	―
SCHAND	65 Neutral	₹5.35B	11.11	―	4.27%	9.36%	26.19%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
HMVL	52 Neutral	₹5.24B	7.84	―	―	10.41%	244.34%
HTMEDIA	46 Neutral	₹5.02B	1,631.58	―	―	9.21%	―

DB Corp. Ltd. Corporate Events

D.B. Corp Closes Insider Trading Window Ahead of Q3 FY26 Results

D.B. Corp Limited has announced that, in line with SEBI’s Prohibition of Insider Trading Regulations, 2015 and its internal Code of Conduct, it is closing the trading window for designated persons and their immediate relatives from 1 January 2026 until 48 hours after the declaration of its unaudited standalone and consolidated financial results for the quarter ending 31 December 2025. The move is a standard compliance measure aimed at preventing insider trading ahead of earnings disclosure, and the company said the date of the board meeting to approve these results will be communicated separately, signaling that its next quarterly financial announcement is approaching and that trading by insiders will be restricted during this sensitive period.