Ht Media Limited (HTMEDIA)

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Ht Media Limited (HTMEDIA) · mywealthgrid

About

HT Media operates print newspapers in India's consumer discretionary sector, generating quarterly consolidated revenue of ₹400–500 Cr and market cap of ₹613.89 Cr. The company currently faces profitability challenges with negative ROE of -3.3% and persistent losses, though one quarter (Jun 2026) achieved significant profit, indicating recovery potential if operations stabilize.

Founded: 1993
Face value: ₹2

Market cap

₹521 Cr

P/E

—

P/B

0.3×

Dividend yield

ROE

-3.3%

ROCE

9.4%

Debt / equity

0.41

OPM

7.2%

EPS (TTM)

₹-0.4

Book value

₹70.0

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Persistent losses: seven of eight recent quarters show net losses on standalone basis (largest: -₹51.11 Cr in Sep 2025), with negative ROE of -3.3%.
Margin volatility from -0.91% (Sep 2025) to 16.49% (Mar 2026)—clarify whether these swings reflect seasonal advertising cycles, one-time charges, or structural operational weakness.
No meaningful earnings (PE n/a) and negative EPS across recent quarters (range -₹2.21 to -₹0.17); no dividends since 2019 indicate cash drain rather than generation.
Print media industry headwinds: verify advertiser spending trends, print circulation trajectory, and competitive intensity in regional Indian markets.

Generated analysis · source review pending

Growth drivers

One profitable quarter (Jun 2026: ₹43.51 Cr net profit) demonstrates profitability is achievable; sustained recovery would reverse negative EPS trend.
Stable consolidated revenue base of ₹400–500 Cr per quarter provides foundation; cost structure right-sizing could unlock profit at current revenue.
Digital transformation or revenue diversification—publishers facing print advertising pressure typically explore subscriptions, digital newsroom, and content licensing; verify if company is pursuing these.
Cost reduction opportunity evident in 7.23% overall OPM—identify which expense lines (production, distribution, overhead) are primary margin drags.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹22.4-4.6%1Y

Quick read

rule-based

Pros

+High promoter holding of 69.5% with no pledge

Cons

−Low return on equity of -2.6% (3-yr avg)
−Thin operating margin of 7.2%

Research score

Structured signal from quality, growth, valuation and momentum.

46/100

Business quality: 24
Growth: 22
Valuation: 93

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,346	2,194	2,083	1,117	1,500	1,711	1,695	1,806	1,803
COGS	662	782	564	261	407	608	493	415	430
Gross profit	1,684	1,412	1,518	857	1,093	1,103	1,202	1,391	1,373
	1,279	1,433	1,378	984	1,069	1,239	1,274	1,424	1,243
	405	-22	140	-128	24	-136	-72	-33	130
OPM %	17.3%	-1%	6.7%	-11.4%	1.6%	-7.9%	-4.3%	-1.8%	7.2%
Depreciation	123	108	182	137	135	132	119	98	93
Interest	82	114	99	56	55	77	78	67	60
	249	207	-205	211	177	151	129	213	-34
Profit before tax	450	-36	-346	-110	12	-193	-140	15	-57
Tax	86	-9	-2	-45	-7	58	-49	1	-8
Tax %	19.1%	-25.5%	-0.5%	-41.2%	-62.9%	30.2%	-35%	8%	-13.3%
	364	-27	-345	-65	19	-252	-91	14	-49
PAT margin %	15.5%	-1.2%	-16.5%	-5.8%	1.3%	-14.7%	-5.4%	0.8%	-2.7%
EPS (₹)	13.2	-2	-15	-3.1	0.8	-9.8	-3.5	0.1	-2.4
EPS adjusted (₹)	—	—	-15	-3.1	0.8	-9.8	-3.5	0.1	-2.4
	3%	—	—	—	0%	—	—	0%	—
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	46	46	46	46	46	46	46
Reserves	2,109	2,043	2,037	1,753	1,668	1,620	1,573
Minority interest	400	407	399	355	343	383	389
	624	567	803	707	741	579	662
	1,166	1,266	1,092	1,292	1,310	1,304	1,299
Total equity & liabilities	4,346	4,329	4,378	4,153	4,108	3,933	3,969
	980	840	738	549	599	536	393
CWIP	40	16	20	36	18	11	4
Investments	2,231	2,424	2,524	2,222	2,133	2,183	2,454
	1,095	1,050	1,096	1,346	1,358	1,203	1,119
Total assets	4,346	4,329	4,378	4,153	4,108	3,933	3,969

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Printing & publishing of newspapers & periodicals	1,500.43	151.68	797.24	1,063.17	—	—
Digital	154.59	-8.84

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	64.4%	72.9%	76.7%	72.9%	64.5%	70.9%	77%	76.2%
EBITDA margin %	-1%	6.9%	-11.1%	1.8%	-8.1%	-4.3%	-1.8%	7.2%
EBIT margin %	-5.9%	-1.9%	-23.4%	-7.2%	-15.8%	-11.3%	-7.2%	2.1%
PAT margin %	-1.2%	-16.5%	-5.8%	1.3%	-14.7%	-5.4%	0.8%	-2.7%
Working capital
Receivable days	—	70	88	68	76	82	82	80
Inventory days	—	91	199	137	94	130	106	88
Payable days	—	189	391	228	186	225	245	241
NWC days	—	-27	-104	-22	-15	-12	-56	-73
Leverage
Current ratio	—	0.9	0.69	1.12	0.82	1.03	1.17	1.11
Debt to EBITDA	—	4.37	—	30.29	—	—	—	5.08
Debt to equity	—	0.29	0.27	0.39	0.39	0.43	0.35	0.41
Interest coverage	1	1.9	-0.8	1.3	-1.5	-0	1.3	3.4
Asset turnover	—	0.48	0.26	0.34	0.41	0.41	0.46	0.45
Return ratios
Return on assets %	—	-7.9%	-1.5%	0.4%	-6.1%	-2.2%	0.4%	-1.2%
Return on capital employed %	—	6.5%	-1.7%	2.5%	-4.6%	-0%	3.9%	9.4%
Return on equity %	—	-16%	-3.1%	0.9%	-14%	-5.3%	0.9%	-3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	69.51%	69.51%	69.51%	69.51%	69.51%	69.51%	69.51%	69.5%	69.5%	69.5%	69.5%	69.5%
	0.13%	0.25%	0.09%	0.07%	0%	0.01%	0.02%	0.02%	0.09%	0.07%	0.01%	0%
	0.53%	0.53%	0.53%	0.53%	0.53%	0.53%	0.53%	0.05%	0.05%	0.05%	0.05%	0.05%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	29.19%	29.07%	29.25%	29.27%	29.34%	29.33%	29.32%	29.81%	29.74%	29.76%	29.82%	29.83%
No. of shareholders	—	—	—	—	—	—	—	—	43,165	41,114	39,974	39,192

Promoter holding down 0.01 percentage points since Sep 2023.

4 deals · 15 Sept 2023 – 2 Feb 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
2 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	14,41,119	₹35.46	₹5.11 Cr
2 Feb 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	14,41,119	₹35.44	₹5.11 Cr
15 Sept 2023	PASHUPATI CAPITA SER PVT LTD	Bulk	NSE	Buy	13,53,833	₹26.31	₹3.56 Cr
15 Sept 2023	PASHUPATI CAPITA SER PVT LTD	Bulk	NSE	Sell	9,32,868	₹26.31	₹2.45 Cr

1–4 of 4

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Ms. Shobhana BhartiaExecutive Director-Chairperson-MD
Mr. Priyavrat BhartiaNon-Executive - Non Independent Director
Mr. Shamit BhartiaNon-Executive - Non Independent Director
Mr. Vivek MehraNon-Executive - Independent Director
Ms. Rashmi VermaNon-Executive - Independent Director
Mr. Sandeep SinghalNon-Executive - Independent Director
Mr. Palamadai Sundararajan JayakumarNon-Executive - Independent Director
Mr. Ashwani WindlassNon-Executive - Independent Director
Mr. Sameer SinghExecutive Director-CEO-MD
Mr. Sameer SinghGroup Chief Executive Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Ht Media Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Investor Presentation and earnings call

Jun 2026Transcript AI Summary PPTREC
Feb 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

13

Dividend dividend17 Sept 2019 · ex-date₹0.4
Dividend dividend14 Sept 2018 · ex-date₹0.4
Dividend dividend14 Sept 2017 · ex-date₹0.4
Dividend dividend9 Sept 2016 · ex-date₹0.4
Dividend dividend15 Sept 2015 · ex-date₹0.4
Dividend dividend5 Sept 2014 · ex-date₹0.4
Dividend dividend20 Aug 2013 · ex-date₹0.4
Dividend dividend30 Aug 2012 · ex-date₹0.4
Dividend dividend18 Jul 2011 · ex-date₹0.36
Dividend dividend22 Jul 2010 · ex-date₹0.36
Dividend dividend22 Jul 2009 · ex-date₹0.3
Dividend dividend22 Jul 2008 · ex-date₹0.4
Dividend dividend24 Jul 2007 · ex-date₹0.3

1

Board meeting to consider results5 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

2 announcementsExport CSV

28 Sept 2026, 7:23 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	64.4%	72.9%	76.7%	72.9%	64.5%	70.9%	77%	76.2%
EBITDA margin %	-1%	6.9%	-11.1%	1.8%	-8.1%	-4.3%	-1.8%	7.2%
EBIT margin %	-5.9%	-1.9%	-23.4%	-7.2%	-15.8%	-11.3%	-7.2%	2.1%
PAT margin %	-1.2%	-16.5%	-5.8%	1.3%	-14.7%	-5.4%	0.8%	-2.7%
Working capital
Receivable days	—	70	88	68	76	82	82	80
Inventory days	—	91	199	137	94	130	106	88
Payable days	—	189	391	228	186	225	245	241
NWC days	—	-27	-104	-22	-15	-12	-56	-73
Leverage
Current ratio	—	0.9	0.69	1.12	0.82	1.03	1.17	1.11
Debt to EBITDA	—	4.37	—	30.29	—	—	—	5.08
Debt to equity	—	0.29	0.27	0.39	0.39	0.43	0.35	0.41
Interest coverage	1	1.9	-0.8	1.3	-1.5	-0	1.3	3.4
Asset turnover	—	0.48	0.26	0.34	0.41	0.41	0.46	0.45
Return ratios
Return on assets %	—	-7.9%	-1.5%	0.4%	-6.1%	-2.2%	0.4%	-1.2%
Return on capital employed %	—	6.5%	-1.7%	2.5%	-4.6%	-0%	3.9%	9.4%
Return on equity %	—	-16%	-3.1%	0.9%	-14%	-5.3%	0.9%	-3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
D.b.corp LimitedDBCORPDBCORP	₹3,076 Cr	₹3,097 Cr	₹2,400 Cr	₹514 Cr	20.7%	₹352 Cr	14.1%	17.9%	14.1%	90
Jagran Prakashan LimitedJAGRANJAGRAN	₹1,340 Cr	₹1,376 Cr	₹1,916 Cr	₹256 Cr	13.3%	₹189 Cr	9.9%	12.8%	9.9%	10
The Sandesh LimitedSANDESHSANDESH	₹752 Cr	₹752 Cr	₹824 Cr	₹9 Cr	19.6%	₹107 Cr	15%	6.8%	4.7%	437
Hindustan Media Ventures LimitedHMVLHMVL	₹571 Cr	₹637 Cr	₹822 Cr	₹83 Cr	15.2%	₹90 Cr	6.6%	11.7%	3.1%	-111
Ht Media LimitedHTMEDIAHTMEDIA	₹521 Cr	₹1,183 Cr	₹1,896 Cr	₹125 Cr	7.2%	₹-10 Cr	-2.7%	9.4%	-3.3%	-73
Citizen Infoline LtdCITIZENCITIZEN	₹87 Cr	₹193 Cr	₹1 Cr	₹-1 Cr	10.7%	₹-0 Cr	7.1%	53.1%	94.7%	27
Encode Packaging India LtdENCODEENCODE	₹4 Cr	₹4 Cr	₹4 Cr	₹0 Cr	—	₹0 Cr	—	0%	0%	—

Date	Category	Subject	Filing
28 Sept 2026, 7:23 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
1 Sept 2026, 1:30 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	64	203	14	-47	-53	57	99
	394	-60	4	248	142	170	-106
	-585	-112	-32	-207	-57	-253	15
Net cash flow	-127	31	-13	-6	31	-27	8
Free cash flow	37	185	-10	-74	-95	33	68
CFO / Operating profit %	44.8%	—	54.5%	—	—	—	76%

Ht Media Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

13

1

Announcements

13

1

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Investor Presentation and earnings call

Segment results

Compounded sales growth

Return on equity

Digital · revenue

Ht Media Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Dividends13

Board meetings1

Announcements

Dividends13

Board meetings1

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Investor Presentation and earnings call

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Return on equity

Digital · revenue

13

1

13

1