Dish TV India Limited (DISHTV) AI Stock Analysis

• Market Cap: ₹7.05B
• Dividend Yield: N/A
• Average Volume (3M): 564.68K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.20
• Revenue Growth: -22.62%
• EPS Growth: 66.73%
• Country: IN
• Employees: 341
• Sector: Services
• Sector Strength: N/A
• Industry: Entertainment
• EPS (TTM): -0.72
• Shares Outstanding: 1,841,254,000
• 10 Day Avg. Volume: 366,385
• 30 Day Avg. Volume: 564,676
• PEG Ratio: 0.03
• Price to Book (P/B): -0.36
• Price to Sales (P/S): 0.74
• P/FCF Ratio: 116.54
• 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): N/A
• Revenue Forecast (FY): N/A

• Rating: 38 Underperform
• Price Target: ₹4.00 ▼(-1.72% Downside)

Dish TV India Limited's stock score is primarily impacted by its poor financial performance, characterized by declining revenues, ongoing losses, and a highly leveraged balance sheet. Technical analysis further indicates bearish momentum, with the stock trading below key moving averages and showing oversold signals. The valuation is unattractive due to a negative P/E ratio and lack of dividend yield.

Positive Factors

Cost Management

Effective cost management has allowed Dish TV to maintain a high gross profit margin, which can help mitigate revenue declines and support operational stability over the long term.

Strategic Partnerships

Strategic partnerships with telecom providers and digital platforms enhance service offerings and expand market reach, potentially driving future revenue growth and competitive positioning.

Positive Operating Cash Flow

Positive operating cash flow indicates the company's core business operations are generating cash, which is crucial for sustaining operations and funding necessary investments.

Negative Factors

Declining Revenues

A substantial decline in revenue reflects challenges in maintaining subscriber growth and market share, which can impact long-term financial health and competitive standing.

High Leverage

High leverage and negative equity indicate financial distress, limiting the company's ability to invest in growth opportunities and posing risks to long-term solvency.

Ongoing Net Losses

Ongoing net losses highlight operational inefficiencies and financial strain, threatening the company's ability to achieve profitability and sustain operations in the long run.

Dish TV India Limited Business Overview & Revenue Model

Company Description

Dish TV India Limited, together with its subsidiaries, provides direct to home and teleport services primarily in India. It distributes its products and services through a network of distributors and dealers. As of December 30, 2020, the company offered approximately 719 channels and services, including 31 audio channels, and 76 high definition channels and services under the Dish TV, Zing, and d2h brands. The company has strategic partnership and collaboration with Amazon Prime Video, Amazon Alexa, ShortsTV, Zee5, Hungama Play, Voot, Sony Liv, and Alt Balaji to provide services to its Dish TV and d2h subscribers. Dish TV India Limited was incorporated in 1988 and is based in Noida, India.

How the Company Makes Money

Dish TV primarily generates revenue through subscription fees charged to its customers for accessing its DTH services. This includes monthly, quarterly, and annual subscription plans, which vary in price based on the number of channels and additional features selected by the user. The company also earns income from the sale of set-top boxes and installation services. In addition, DISHTV benefits from advertising revenues as it partners with various content providers and advertisers to feature promotional content on its platform. Furthermore, the company engages in strategic partnerships with telecom providers and other digital platforms to enhance its service offerings and reach a broader audience, contributing to its overall earnings.

Dish TV India Limited Financial Statement Overview

Summary

Dish TV India Limited is facing significant financial challenges, characterized by declining revenues, ongoing net losses, and a highly leveraged balance sheet. While cost management shows some strength, the negative equity and cash flow issues pose substantial risks to financial stability.

Income Statement

Dish TV India Limited has experienced a substantial decline in revenue over the years, with a significant negative net profit margin indicating continued losses. The gross profit margin remains high due to cost management, but EBIT and EBITDA margins are weak, highlighting operational challenges.

Balance Sheet

The company's balance sheet is under pressure, with negative stockholders' equity indicating financial distress. High total liabilities and a negative debt-to-equity ratio reflect significant leverage and potential solvency issues.

Cash Flow

While operating cash flow is positive, the free cash flow has decreased significantly, and the company has struggled with capital expenditures. The operating cash flow to net income ratio is distorted due to persistent net losses.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	14.42B	15.68B	18.57B	22.62B	28.02B	32.49B
Gross Profit	14.25B	15.57B	6.43B	6.22B	9.12B	8.27B
EBITDA	1.27B	2.20B	3.70B	-9.61B	-9.86B	12.53B
Net Income	-5.81B	-4.88B	-19.67B	-16.84B	-18.31B	-11.78B
Balance Sheet
Total Assets	0.00	23.04B	27.09B	45.06B	66.68B	92.85B
Cash, Cash Equivalents and Short-Term Investments	1.83B	1.85B	1.86B	1.81B	1.82B	1.55B
Total Debt	0.00	372.40M	22.50M	746.00M	3.78B	8.12B
Total Liabilities	32.43B	55.47B	54.65B	52.95B	57.93B	66.57B
Stockholders Equity	-32.43B	-32.43B	-27.56B	-7.89B	9.36B	26.87B
Cash Flow
Free Cash Flow	0.00	99.40M	847.90M	3.13B	5.07B	11.15B
Operating Cash Flow	0.00	4.10B	6.76B	6.68B	11.41B	15.74B
Investing Cash Flow	0.00	-3.77B	-5.95B	-3.41B	-6.69B	-4.81B
Financing Cash Flow	0.00	-265.40M	-882.90M	-3.28B	-4.94B	-11.12B

Dish TV India Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.07
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DISHTV, the sentiment is Negative. The current price of 4.07 is above the 20-day moving average (MA) of 3.96, below the 50-day MA of 4.11, and below the 200-day MA of 4.98, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 38.53 is Neutral, neither overbought nor oversold. The STOCH value of 11.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:DISHTV.

Dish TV India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GTPL	61 Neutral	₹9.66B	23.32	―	2.00%	8.43%	-36.53%
DEN	60 Neutral	₹14.40B	7.60	―	―	-3.51%	-14.31%
HATHWAY	60 Neutral	₹21.28B	20.13	―	―	3.88%	-3.40%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
SITINET	39 Underperform	₹427.31M	-0.21	―	―	-6.97%	-25.25%
DISHTV	38 Underperform	₹7.05B	-1.04	―	―	-22.62%	66.73%