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HMVL Shareholders Approve Appointment of Sameer Singh as MD with 99.94% Votes
Hindustan Media Ventures Limited (HMVL) has announced the approval of a special resolution to appoint Shri Sameer Singh as the Managing Director of the company, including the approval of his remuneration. The resolution was passed via postal ballot with an overwhelming majority of 99.94% of the total votes cast. While the promoter group provided full support, it is notable that public institutional investors voted 100% against the resolution, although their share of the total vote was minimal. The total voter turnout represented approximately 74.45% of the company's total equity.
Key Highlights
Special resolution for the appointment of Sameer Singh as Managing Director passed with 99.94% majority.
Total votes polled were 54,848,287, representing 74.45% of the total 73,671,548 outstanding shares.
Promoter group cast 54,808,457 votes, all of which were in favour of the appointment.
Public institutional investors cast 21,491 votes, with 100% of those votes cast against the resolution.
Non-institutional public shareholders were divided, with 49.64% in favour and 50.36% against the proposal.
💼 Action for Investors
Investors should view the formalization of leadership as a positive step for operational stability. However, the dissent from institutional and a section of retail shareholders regarding remuneration or the appointment warrants monitoring of future governance disclosures.
HMVL Q3 FY26: Consolidated EBITDA Grows 9% YoY to ₹51 Cr; Digital Revenue Up 30%
Hindustan Media Ventures Limited (HMVL) reported a stable Q3 FY26 with consolidated revenue of ₹532 crore, remaining flat year-on-year but growing 7% sequentially. The Print segment demonstrated resilience with EBITDA margins expanding to 15% from 11% last year, aided by lower newsprint costs and disciplined spending. While the Radio business faced a ₹5 crore operating loss due to a high base effect, the Digital segment showed strong momentum with revenue rising 30% YoY to ₹67 crore. The company maintains a robust net cash position of ₹945 crore, providing significant financial flexibility.
Key Highlights
Consolidated EBITDA increased by 9% YoY to ₹51 crore with a 10% margin.
Print segment operating revenue reached ₹395 crore, with English ad revenue growing 16% sequentially.
Digital business revenue surged 30% YoY to ₹67 crore, with narrowing margin losses.
Net cash remains strong at ₹945 crore, consistent with the previous quarter.
Print Hindi circulation revenue held steady at ₹38 crore despite a high base effect in advertising.
💼 Action for Investors
Investors should focus on the company's ability to scale its Digital segment toward profitability and the sustained margin expansion in the core Print business. The high cash balance offers a margin of safety and potential for future strategic investments.
HMVL Proposes Appointment of Sameer Singh as MD with Basic Salary up to ₹316 Lakhs
Hindustan Media Ventures Limited (HMVL) has issued a postal ballot notice to seek shareholder approval for the appointment of Shri Sameer Singh as Managing Director for a five-year term starting March 1, 2026. The proposed remuneration package includes a basic salary starting at ₹243 lakhs per annum, with a maximum ceiling of ₹316 lakhs. The package also includes significant allowances for housing (up to ₹158 lakhs) and variable pay that can reach 100% of the fixed components. Shareholders can cast their votes via the e-voting facility from February 4 to March 5, 2026.
Key Highlights
Appointment of Shri Sameer Singh as Managing Director for a 5-year tenure effective March 1, 2026
Proposed basic salary of ₹243 lakhs per annum with a ceiling of ₹316 lakhs
Housing allowance capped at ₹158 lakhs per annum and special allowance up to ₹59 lakhs
Variable pay and bonus components allowed up to 100% of the aggregate fixed remuneration
E-voting period scheduled from 9:00 AM on Feb 4, 2026, to 5:00 PM on March 5, 2026
💼 Action for Investors
Investors should review the proposed leadership change and ensure the remuneration package is aligned with the company's long-term growth strategy and profitability. Monitor the voting results to assess shareholder confidence in the new Managing Director.
HMVL Q3 FY26 Results: Total Revenue Up 7% YoY to ₹236 Cr; PAT at ₹17 Cr
Hindustan Media Ventures Limited (HMVL) reported a 7% YoY increase in total revenue to ₹236 crore for the quarter ended December 31, 2025. While EBITDA declined 9% YoY to ₹23 crore, it showed a strong sequential recovery of 27% compared to Q2 FY26. The Hindi print segment saw a marginal 4% YoY decline in advertising revenue to ₹123 crore, primarily due to shifts in the festive calendar. Profit After Tax (PAT) stood at ₹17 crore, representing a significant 68% growth on a quarter-on-quarter basis.
Key Highlights
Total Revenue grew 7% YoY to ₹236 crore in Q3 FY26.
PAT reached ₹17 crore, up 68% sequentially from ₹10 crore in Q2 FY26.
Hindi Print Ad Revenue declined 4% YoY to ₹123 crore, while Circulation Revenue remained stable at ₹38 crore.
Raw material expenses decreased by 3% YoY to ₹54 crore, reflecting disciplined cost management.
Group-level Digital segment revenue surged 30% YoY to ₹67 crore, showing strong momentum in new-age platforms.
💼 Action for Investors
Investors should monitor the recovery in Hindi advertising revenue and the sustainability of the sequential margin improvement. The growth in the digital segment is a positive long-term driver, but the core print business remains sensitive to festive cycles and newsprint costs.
HMVL Q3 PAT Drops 95% YoY to ₹0.89 Cr Due to Exceptional Items; Sameer Singh Appointed MD
Hindustan Media Ventures Limited (HMVL) reported a sharp 95% YoY decline in consolidated Net Profit to ₹89 Lakhs for Q3 FY26, down from ₹1,799 Lakhs in the previous year. This decline was primarily driven by a one-time exceptional charge of ₹1,609 Lakhs related to the implementation of new Labour Codes. While revenue from operations grew 7.5% YoY to ₹21,224 Lakhs, the bottom line was severely impacted by these regulatory-driven costs. Additionally, the board has appointed Shri Sameer Singh as Managing Director for a five-year term starting March 1, 2026.
Key Highlights
Revenue from operations increased 7.5% YoY to ₹21,224 Lakhs in Q3 FY26.
Consolidated Net Profit (PAT) fell to ₹89 Lakhs from ₹1,799 Lakhs in Q3 FY25.
Recognized an exceptional loss of ₹1,609 Lakhs for incremental gratuity and compensated absences under new Labour Codes.
EBITDA decreased to ₹2,339 Lakhs compared to ₹2,573 Lakhs in the same quarter last year.
Shri Sameer Singh appointed as Managing Director for a five-year term effective March 1, 2026.
💼 Action for Investors
Investors should be cautious as the sharp profit decline reflects significant regulatory-driven cost pressures, despite modest revenue growth. Monitor the transition to the new leadership under Sameer Singh for potential strategic shifts in the core print business.
HMVL Q3 PAT Plummets to ₹0.89 Cr Due to ₹16.09 Cr Exceptional Item; New MD Appointed
Hindustan Media Ventures Limited (HMVL) reported a 7.5% YoY increase in revenue from operations to ₹212.24 crore for the quarter ended December 31, 2025. However, Net Profit (PAT) saw a massive decline to ₹0.89 crore compared to ₹17.99 crore in the same quarter last year. This sharp drop was primarily driven by a one-time exceptional charge of ₹16.09 crore related to the implementation of new Labour Codes. Additionally, the company announced the appointment of Sameer Singh as Managing Director for a five-year term starting March 2026.
Key Highlights
Revenue from operations grew 7.5% YoY to ₹21,224 Lakhs from ₹19,747 Lakhs.
Net Profit (PAT) crashed to ₹89 Lakhs from ₹1,799 Lakhs in the previous year's quarter.
Exceptional loss of ₹1,609 Lakhs recognized due to incremental impact of new Labour Codes on gratuity and leave encashment.
EBITDA stood at ₹2,339 Lakhs for Q3 FY26 compared to ₹2,573 Lakhs in Q3 FY25.
Sameer Singh appointed as Managing Director for 5 years effective March 1, 2026, subject to shareholder approval.
💼 Action for Investors
Investors should note that the profit decline is largely due to a non-recurring regulatory expense, but the shrinking operating margins (-0.36% adjusted) warrant caution. Monitor the leadership transition and its impact on the company's digital and print strategy.
HMVL Q3 PAT Drops to ₹0.89 Cr Due to ₹16.1 Cr Exceptional Charge; Sameer Singh Appointed MD
Hindustan Media Ventures Limited (HMVL) reported a sharp decline in consolidated Profit After Tax (PAT) to ₹89 Lakhs for Q3 FY26, down from ₹17.99 Crore YoY, primarily due to a one-time exceptional charge of ₹16.09 Crore related to the new Labour Codes. However, Revenue from Operations showed healthy growth of 7.5% YoY, reaching ₹212.24 Crore. The company also announced a significant leadership change with the appointment of Sameer Singh as Managing Director for a five-year term starting March 2026. While the bottom line was impacted by regulatory provisions, core EBITDA remained resilient at ₹23.39 Crore.
Key Highlights
Consolidated Revenue from Operations grew 7.5% YoY to ₹212.24 Crore in Q3 FY26.
Reported a one-time exceptional loss of ₹16.09 Crore due to provisions for the new Labour Code (gratuity and compensated absences).
Net Profit (PAT) fell significantly to ₹0.89 Crore from ₹17.99 Crore in the same quarter last year.
Sameer Singh appointed as Managing Director effective March 1, 2026, for a 5-year tenure.
Nine-month (9M FY26) revenue stands at ₹592.10 Crore, up from ₹531.64 Crore YoY.
💼 Action for Investors
Investors should treat the profit decline as a non-recurring accounting adjustment due to regulatory changes and focus on the 7.5% revenue growth. Monitor the leadership transition in March 2026 for any shifts in the company's digital or print strategy.