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Dish TV India Limited DISHTV NSE

Communication Services · Entertainment · India
https://www.dishd2h.com

Dish TV India Limited provides direct to home (DTH) television and teleport services in India. The company offers connected devices, such as Dish SMRT Hub and D2H Stream; regional content; and value-added services. It also provides programming, live TV, and user-generated content through Watcho platform; FLIQS which provides films, web series, and short-form videos; and Zing Super Device, a 2-in-1 device that merges pay TV channels with a free-to-air package. In addition, the company operates, manages, and provides an e-commerce platform along with an order management technology platform. Further, it provides set-top-boxes, dish antennas, and low-noise boxes; and customer-related services, including call centre support and repair services. The company distributes its products and services through a network of distributors and dealers. It provides DTH services under Dish TV, Zing Super, and D2H brands. Dish TV India Limited was incorporated in 1988 and is based in Noida, India.

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₹2.99
-0.66% 1Y

Market & Price

Market Cap
₹550.54 Cr
Current Price
₹2.99
High / Low (52W)
₹3.01 / ₹2.87
Beta
0.85

Valuation

Stock P/E
-
Industry PE
22.45
Forward P/E
-
PEG Ratio
-
Book Value
₹-21.01
Price to Book
-0.14
P/S
0.47
EV/EBITDA
-65.09
Dividend Yield
-

Profitability & Returns

ROCE
13.27%
ROE
-
ROA
-12.96%
Profit Margin
-69.44%
Op Margin
-71.17%
EPS (Latest Qtr)
₹-1.58
EPS (TTM)
₹-4.20

Balance Sheet & Liquidity

Debt/Equity
-
Quick Ratio
0.04
Current Ratio
0.08
Debt
₹30.72 Cr
Total Assets
₹1,752.92 Cr
Current Assets
₹475.17 Cr
Working Capital
₹-5,308.43 Cr

Ownership

Promoter Holding
29.83%
Chg in Prom Hold
-
FII / Inst Holding
5.25%
Chg in FII Hold
-

Financial Snapshot

Enterprise Value
₹447.83 Cr
Total Revenue (TTM)
₹1,162.61 Cr
EBITDA
₹-6.88 Cr
Free Cash Flow
₹321.33 Cr
Operating Cash Flow
₹71.20 Cr
Shares Outstanding
₹184.13 Cr
Gross Margin
45.97%
Payout Ratio
0.00%

Growth (CAGR)

Revenue 5Y
-19.60%
Profit 5Y
17.35%
Revenue (YoY)
-29.30%
Earnings (YoY)
-

PROS

  • Profit CAGR of 17.3% over 5 years.
  • Generates positive free cash flow.

CONS

  • Revenue declined at -19.6% CAGR over 5 years.

* The pros and cons are auto-generated from financial metrics.

Price Chart

NSE TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

Peer comparison

Peer companies in the same sector (Communication Services).

#NameCMP ₹P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DISHTV Dish TV India Limited NSE 2.99 - ₹550.54 Cr - 13.27% - -19.60% 17.35%
2 BHARTIARTL Bharti Airtel Limited NIFTY50NSEAI 1,782.60 40.17 ₹10.86 L Cr 0.90% 17.67% 19.36% 14.88% 47.34%
3 IDEA Vodafone Idea Limited NIFTY_MIDNSE 14.17 4.41 ₹1.54 L Cr - 36.88% -96.63% 2.05% 72.64%
4 INDUSTOWER Indus Towers Limited NIFTY_MIDNSE 413.00 15.24 ₹1.09 L Cr - 18.44% 19.81% 4.61% 51.86%
5 BHARTIHEXA BHARTI HEXACOM LIMITED NIFTY_MIDNSE 1,478.50 42.63 ₹73,925.00 Cr 0.69% 21.84% 26.47% 12.45% 46.68%
6 NAUKRI Info Edge (India) Limited NIFTY_MIDNSEAITECH 963.80 43.14 ₹62,428.93 Cr 1.48% 4.71% 4.57% 11.88% 483.26%
7 TATACOMM Tata Communications Limited NIFTY_MIDNSEAI 1,966.00 53.72 ₹56,031.00 Cr 0.88% 15.29% 31.13% 11.61% -17.69%
8 AFFLE Affle 3i Limited NIFTY_SMALLNSEAI 1,436.20 44.45 ₹20,198.81 Cr - 15.30% 13.79% 23.64% 22.97%
9 SUNTV Sun TV Network Limited NIFTY_SMALLNSE 501.40 13.72 ₹19,759.40 Cr 0.99% 15.31% 11.85% 4.74% -5.51%
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Quarterly Results

Figures in INR.

Metric Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Revenue 343.66 Cr329.36 Cr291.13 Cr299.05 Cr243.07 Cr
Cost of Revenue 1.69 Cr11.09 Cr7.17 Cr20.38 Cr42.52 Cr
Gross Profit 341.97 Cr318.27 Cr283.96 Cr278.67 Cr200.55 Cr
Operating Expenses 351.02 Cr350.71 Cr355.76 Cr422.17 Cr373.55 Cr
Operating Income -9.05 Cr-32.44 Cr-71.80 Cr-143.50 Cr-173.00 Cr
EBITDA -231.37 Cr77.59 Cr40.02 Cr-105.87 Cr-132.72 Cr
Interest Expense 64.45 Cr64.12 Cr69.01 Cr68.40 Cr68.27 Cr
Pretax Income -402.19 Cr-91.81 Cr-132.65 Cr-276.23 Cr-303.95 Cr
Tax Provision 02.72 Cr000
Net Income -402.19 Cr-94.53 Cr-132.65 Cr-276.23 Cr-303.95 Cr
Diluted EPS -2.09-0.49-0.69-1.44-1.58

Profit & Loss (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Revenue -2,236.74 Cr1,829.83 Cr1,567.60 Cr1,162.61 Cr
Cost of Revenue -615.65 Cr574.42 Cr10.30 Cr81.16 Cr
Gross Profit -1,621.09 Cr1,255.41 Cr1,557.30 Cr1,081.45 Cr
Operating Expenses -1,461.05 Cr966.46 Cr1,467.28 Cr1,502.19 Cr
Operating Income -160.04 Cr288.95 Cr90.02 Cr-420.74 Cr
EBITDA --962.67 Cr367.48 Cr220.05 Cr-120.98 Cr
Interest Expense -276.35 Cr264.21 Cr268.65 Cr269.80 Cr
Pretax Income --2,088.12 Cr-368.64 Cr-487.66 Cr-804.64 Cr
Tax Provision --404.58 Cr1,597.93 Cr02.72 Cr
Net Income --1,683.54 Cr-1,966.56 Cr-487.66 Cr-807.36 Cr
Diluted EPS --8.75-10.22-2.53-4.20

Compounded Sales Growth

5 Years:-19.60%
1 Year:-29.30%

Compounded Profit Growth

5 Years:17.35%
1 Year:-

Stock Price Performance

1 Year:-0.66%
6 Months:-
3 Months:-
1 Month:-

Balance Sheet (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Total Assets -4,485.22 Cr2,709.14 Cr2,303.79 Cr1,752.92 Cr
Current Assets -759.92 Cr836.87 Cr674.76 Cr475.17 Cr
Cash & Equivalents -36.80 Cr29.75 Cr35.94 Cr27.20 Cr
Inventory -12.89 Cr10.92 Cr9.04 Cr22.86 Cr
Receivables -92.33 Cr65.83 Cr79.53 Cr64.51 Cr
Total Liabilities -5,274.01 Cr5,465.48 Cr5,546.81 Cr5,795.58 Cr
Current Liabilities -5,256.70 Cr5,456.41 Cr5,525.85 Cr5,783.60 Cr
Long Term Debt 73.91 Cr0---
Total Debt -74.60 Cr2.25 Cr34.71 Cr18.74 Cr
Total Equity --788.73 Cr-2,756.27 Cr-3,242.95 Cr-4,042.59 Cr
Shares Outstanding -184.13 Cr184.13 Cr184.13 Cr184.13 Cr

Cash Flows (Annual)

Figures in INR.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating Cash Flow -668.33 Cr676.39 Cr409.98 Cr71.20 Cr
Investing Cash Flow --340.51 Cr-595.01 Cr-377.25 Cr-51.32 Cr
Financing Cash Flow --328.33 Cr-88.43 Cr-26.54 Cr-28.62 Cr
Capital Expenditure --355.37 Cr-591.46 Cr-400.04 Cr-93.69 Cr
Free Cash Flow -312.96 Cr84.93 Cr9.94 Cr-22.49 Cr
Net Change in Cash --51.00 L-7.05 Cr6.19 Cr-8.74 Cr

Ratios (Annual)

Figures in %.

Metric Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Gross Margin % -72.5%68.6%99.3%93.0%
Operating Margin % -7.2%15.8%5.7%-36.2%
Net Margin % --75.3%-107.5%-31.1%-69.4%
ROE % -213.4%71.3%15.0%20.0%
ROCE % --20.7%-10.5%-2.8%10.4%

Shareholding Pattern

Insiders
29.83%
Institutions
5.25%
Public Float
7.49%

Analyst View

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