📈 Live Market Tracking
Every NSE and BSE corporate filing, read and explained by AI within minutes — impact, key figures, short/long-term view and what to watch.
Live · AI analyzer runs every 5 min (07:00–23:55 IST)
Latest filing: 2026-09-08 19:57
122 analysed today
FollowTelegram
122
Today
149,523
All-time analysed
42,890
Positive
6,652
Negative
91,308
Neutral
8,605
Watch
📊 Last 7 days — analysed filings by sentiment
Note: These are AI-generated, educational summaries of public NSE
filings — grounded in each document, but not investment advice and possibly incomplete.
Verify against the original filing and consult a SEBI-registered adviser before acting.
19 announcements match the current filters (relevance ≥ 5).
HMVL Converts Rs 85 Cr Debentures to Acquire 2.48% Stake in StockGro
Hindustan Media Ventures Limited (HMVL) announced the allotment of 16,02,011 equity shares in Assetgro Fintech Private Limited (StockGro) via conversion of 8,708 Optionally Convertible Debentures (OCDs). The transaction is valued at Rs 85.00 Crore, representing a 2.48% equity stake in StockGro. StockGro's turnover has scaled from Rs 99 Crore in FY24 to Rs 231.10 Crore in FY26. The investment value of Rs 85 Crore corresponds to approximately 14.3% of HMVL's market capitalization of Rs 593 Crore.
Confidence: HIGH
What changedHMVL converted existing Optionally Convertible Debentures into an active 2.48% direct equity holding in fintech startup StockGro.
Why it mattersRepresents an Rs 85 Crore non-core strategic fintech investment (~14.3% of market cap) aimed at generating capital appreciation and advertising synergies.
Investment Value: Rs 85.00 CroreStake Acquired: 2.48%Investment vs Market Cap: ~14.3%StockGro FY26 Turnover: Rs 231.10 Crore
📅 Short termLimited direct operational or cash flow impact since this is a conversion of pre-existing OCD debentures into equity shares.
📈 Long termAligns with HMVL's strategy to leverage its media platform assets in exchange for stakes in fast-growing digital ventures, but minority 2.48% holding offers no control.
⚠ Risk flags
- Minority stake (2.48%) with no operational control
- High fintech startup valuation risk and fair-value volatility on HMVL balance sheet
Key Highlights
Converted 8,708 OCDs into 16,02,011 equity shares valued at Rs 85.00 Crore
Acquired a 2.48% equity shareholding in fintech firm Assetgro Fintech Private Limited (StockGro)
StockGro reported rapid top-line growth with FY26 turnover at Rs 231.10 Crore versus Rs 125.51 Crore in FY25 and Rs 99 Crore in FY24
Deal completed on 8th September, 2026 without any related-party involvement
👀 What to Watch
Track subsequent quarterly filings to see whether the equity stake is carried at fair value through P&L and how media synergy benefits materialize.
HMVL Q1 FY27: Group EBITDA Triples to ‑90 Cr; HMVL Other Income Doubles to ‑20 Cr
HMVL's parent group reported a strong Q1 FY27 with consolidated revenue growing 15% YoY to ‑497 Cr and EBITDA increasing nearly 3x to ‑90 Cr. HMVL specifically saw its other operating income (job work and scrap sales) double to ‑20 Cr, while Hindi Print advertising revenue showed YoY growth. The group maintains a robust net cash position of ‑922 Cr, which is notably higher than HMVL's entire market cap of ‑667 Cr. However, management faced sharp questioning regarding a proposed preferential issue at ‑24 per share, which implies a 15% dilution at a steep discount to the ‑70 book value.
Confidence: HIGH
What changedThe company has successfully transitioned to a leaner cost structure, resulting in a significant EBITDA jump, while resetting its digital portfolio to focus on profitable growth.
Why it mattersThe operational turnaround is significant, but the decision to raise capital despite having cash reserves exceeding the market cap suggests a strategic shift or potential inorganic plans that may dilute existing equity.
Group Consolidated Revenue (Q1): ‑497 CrGroup Net Cash: ‑922 CrNet Cash vs HMVL Market Cap: 138.2%HMVL Other Operating Income: ‑20 CrProposed Equity Dilution: 15%Preferential Issue Price: ‑24
📅 Short termThe stock may react positively to the 3x EBITDA growth and improved margins, though the dilution concerns raised in the call could cap gains.
📈 Long termStructural improvements in the print business and a leaner digital footprint are positive; however, long-term value depends on the efficient allocation of the ‑922 Cr cash pile.
⚠ Risk flags
- 15% equity dilution at a discount to book value
- Elevated newsprint prices and weak rupee
- Global supply chain uncertainties
Key Highlights
Group consolidated revenue increased 15% YoY to ‑497 Cr for the quarter ended June 2026.
Group EBITDA surged nearly 3x to ‑90 Cr with a 12-point margin expansion driven by cost discipline.
HMVL other operating income doubled to ‑20 Cr from ‑10 Cr in the previous year's first quarter.
Group net cash position remains healthy at ‑922 Cr despite ongoing digital investments.
Consolidated employee costs were reduced by ‑12 Cr YoY to ‑99 Cr through right-sizing initiatives.
👀 What to Watch
Investors should monitor the final terms and regulatory approval of the proposed preferential issue, as the 15% dilution at ‑24/share is a significant headwind for minority shareholders despite strong operational performance.
Rs 32.5 Cr Investment: HMVL Acquires 3.8% Stake in RD Retail via Warrant Conversion
Hindustan Media Ventures Limited (HMVL) has converted 3,250 warrants into 3,927 equity shares of RD Retail India Private Limited for a total consideration of Rs 32.5 Crore. This acquisition results in a ~3.8% equity stake in the target, a B2B FMCG marketplace based in Delhi NCR. The investment amount represents approximately 4.87% of HMVL's current market capitalization and 2.05% of its net worth. The company intends to leverage its media assets to drive growth in the target entity for future capital returns.
Confidence: HIGH
What changedHMVL has transitioned from a warrant holder to a minority equity shareholder (3.8%) in RD Retail India Private Limited.
Why it mattersThis represents a strategic deployment of HMVL's cash reserves into a non-core but fast-growing FMCG B2B sector, aiming to monetize media assets through synergy.
Investment Value: Rs 32.5 CroreStake Acquired: ~3.8%Target FY25 Turnover: Rs 77.28 CroreInvestment vs Market Cap: ~4.87%Investment vs Net Worth: ~2.05%
📅 Short termThe stock price impact is expected to be neutral as the investment is relatively small compared to HMVL's net worth of Rs 1,588 Crore.
📈 Long termThe long-term value depends on the target's ability to scale its B2B marketplace and HMVL's eventual exit strategy or capital return from this minority stake.
⚠ Risk flags
- Minority stake with limited control
- Investment in a non-core business segment (FMCG B2B)
- Target entity has shown turnover volatility (FY23: Rs 68.19 Cr vs FY24: Rs 59.04 Cr)
Key Highlights
Investment of Rs 32.5 Crore for a ~3.8% equity stake in RD Retail India Private Limited.
Conversion of 3,250 warrants into 3,927 equity shares completed on August 10, 2026.
Target entity RD Retail reported a turnover of Rs 77.28 Crore in FY25, showing growth from Rs 59.04 Crore in FY24.
The acquisition is a cash-based transaction and does not involve related party interests.
Investment magnitude is ~4.87% of HMVL's market capitalization (Rs 667 Cr).
👀 What to Watch
Investors should monitor the growth trajectory of RD Retail's B2B marketplace and whether HMVL utilizes its media platforms to scale the target's operations, potentially leading to future valuation gains.
113% PAT Growth in Q1 FY27; HMVL Reports Rs 197 Cr Operating Revenue and 31% EBITDA Margin
HMVL reported a strong start to FY27 with operating revenue growing 20% YoY to Rs 197 Cr, primarily driven by a 20% surge in Hindi advertising revenue (Rs 139 Cr). Net profit (PAT) more than doubled to Rs 56 Cr, significantly aided by a 75% jump in other income to Rs 47 Cr. EBITDA margins expanded sharply to 31% from 19% in the year-ago quarter, despite a 21% increase in raw material costs. While circulation revenue saw a marginal 3% dip, the overall profitability was bolstered by disciplined cost management and robust ad performance.
Confidence: HIGH
What changedHMVL has delivered a significant earnings beat with EBITDA margins jumping to 31%, a sharp recovery from the volatile margins seen in previous quarters.
Why it mattersThe Hindi print segment remains the company's core cash generator; the strong ad revenue growth indicates a recovery in consumer sentiment across Tier 2 and Tier 3 Hindi-speaking markets.
Operating Revenue (Q1 FY27): Rs 197 CrPAT (Q1 FY27): Rs 56 CrEBITDA Margin: 31%Hindi Ad Revenue Growth: 20% YoYOther Income: Rs 47 CrQ1 PAT vs TTM PAT: 116.6%
📅 Short termThe stock is likely to react positively to the substantial jump in profitability and margin expansion reported in this presentation.
📈 Long termWhile print remains the anchor, the company's ability to scale digital offerings like OTTplay while maintaining print margins will determine long-term value creation.
⚠ Risk flags
- Volatility in newsprint prices
- Weaker Rupee impacting import costs
- 3% YoY decline in circulation revenue
- High dependence on non-operating 'Other Income' for PAT
Key Highlights
Operating revenue increased 20% YoY to Rs 197 Cr from Rs 165 Cr in Q1 FY26.
PAT grew 113% YoY to Rs 56 Cr, exceeding the total TTM PAT of Rs 48 Cr in a single quarter.
Hindi advertising revenue rose to Rs 139 Cr, a 20% increase over the previous year's Rs 116 Cr.
EBITDA margins expanded to 31% from 19% YoY, reflecting improved operational efficiency.
Other income contributed Rs 47 Cr to the bottom line, a 75% increase from Rs 27 Cr in Q1 FY26.
👀 What to Watch
Investors should monitor the sustainability of the 20% advertising revenue growth and the impact of newsprint price volatility on future margins. The high contribution of 'Other Income' to PAT warrants a closer look at the underlying investment portfolio performance.
₹51.17 Cr Q1 PAT: HMVL Profits Surge 400% YoY as OTTplay Losses Narrow
HMVL reported a massive jump in consolidated net profit to ₹51.17 Cr for Q1 FY27, up from ₹10.24 Cr in Q1 FY26. This performance was driven by a 19.8% YoY growth in core revenue (₹197.18 Cr) and a significant reduction in losses from the discontinued OTTplay segment, which fell to ₹4.46 Cr from ₹15.83 Cr. However, a substantial portion of the profit was supported by 'Other Income' of ₹46.88 Cr, which rose 75% YoY. The company's exit from the high-burn OTTplay business as of March 31, 2026, has structurally improved the bottom-line profile.
Confidence: HIGH
What changedHMVL has officially classified its OTTplay business as a discontinued operation, leading to a sharp reduction in consolidated losses and a significant boost to reported EPS.
Why it mattersThe exit from the loss-making digital aggregation business allows the company to protect its cash reserves (Net Worth of ₹1,588 Cr) and focus on its market-leading Hindi daily, 'Hindustan', in Tier 2/3 cities.
Consolidated PAT (Q1 FY27): ₹51.17 CrQ1 PAT vs TTM PAT: 106.6%Other Income: ₹46.88 CrRevenue Growth (YoY): 19.8%EPS (Continuing & Discontinued): ₹6.95
📅 Short termThe stock is likely to react positively to the sharp jump in EPS and the successful offloading of the loss-making OTT segment.
📈 Long termThe structural exit from OTTplay improves the margin profile, but long-term value depends on the company's ability to grow print advertising in Hindi markets and manage newsprint inflation.
⚠ Risk flags
- High reliance on Other Income for profitability
- Rising cost of materials (up 20.7% YoY)
- Structural decline risks in print media
Key Highlights
Consolidated Net Profit surged to ₹51.17 Cr, exceeding the entire TTM PAT of ₹48 Cr in a single quarter.
Revenue from continuing operations grew 19.8% YoY to ₹197.18 Cr from ₹164.60 Cr.
Losses from discontinued operations (OTTplay) were curtailed by 71.8% YoY to ₹4.46 Cr.
Other Income contributed ₹46.88 Cr, representing 19.2% of total income for the quarter.
EBITDA from continuing operations more than doubled to ₹75.15 Cr compared to ₹35.96 Cr in the previous year's quarter.
👀 What to Watch
Monitor the sustainability of the core print revenue growth and the volatility of newsprint costs (raw materials), which rose to ₹64.71 Cr this quarter. Investors should also evaluate the nature of the high 'Other Income' to determine if it is recurring or one-off.
HMVL Q4 FY26: EBITDA Up 5% to ₹131 Cr; Hindi Ad Revenue Grows 12% on Higher Yields
Hindustan Media Ventures Limited (HMVL) reported a resilient Q4 FY26 with EBITDA growing 5% YoY to ₹131 crore and margins expanding to 23%. While consolidated revenue saw a marginal 2% dip to ₹558 crore, the Print Hindi segment performed strongly with a 12% growth in advertising revenue driven by improved yields. The company has strategically discontinued its loss-making 'OTTplay' digital business and surrendered non-viable radio licenses to prioritize profitability. HMVL maintains a robust net cash position of over ₹1,000 crore, providing significant liquidity for future investments.
Key Highlights
Q4 EBITDA margins expanded by 100 bps to 23%, with PAT recorded at ₹96 crore.
Print Hindi advertising revenue grew 12% in Q4 to ₹142 crore, primarily led by pricing/yield improvements.
Strategic exit from 'OTTplay' digital business and non-viable radio licenses to focus on value-accretive growth.
Consolidated net cash position remains strong at over ₹1,000 crore as of March 31, 2026.
Other operating income in HMVL grew to ₹32 crore, aided by the forfeiture of Ad-for-Equity (AFE) contracts.
👀 What to Watch
Investors should view the company's focus on margin expansion and strategic pruning of loss-making digital units as a positive for long-term profitability. However, keep a close watch on rising newsprint costs and the sustainability of yield-led growth in the face of flat circulation volumes.
HMVL FY26 Operating Revenue Grows 10% to ₹740 Cr; Hindi Print Ad Revenue Up 12% in Q4
Hindustan Media Ventures Limited (HMVL) reported a 10% increase in annual operating revenue to ₹740 crore for FY26, driven by a recovery in the Hindi print segment. While operating performance was strong, consolidated PAT for the full year declined by 5% to ₹157 crore, primarily due to a 34% reduction in other income. The Hindi print business saw a significant 12% growth in advertising revenue during Q4 FY26, reaching ₹142 crore. Management highlighted concerns regarding rising newsprint costs and currency volatility despite maintaining a healthy EBITDA margin of 25% for the year.
Key Highlights
Operating revenue for FY26 grew 10% to ₹740 crore from ₹673 crore in the previous year.
Hindi Print advertising revenue surged 12% in Q4 FY26 to ₹142 crore, supported by government and commercial segments.
Full-year EBITDA stood at ₹204 crore with a margin of 25%, showing stable operational efficiency.
PAT for FY26 declined 5% to ₹157 crore, impacted by a sharp drop in other income from ₹138 crore to ₹92 crore.
Circulation revenue remained steady for the full year at ₹155 crore, reflecting stable market reach.
👀 What to Watch
Investors should focus on the company's ability to sustain advertising growth while managing rising newsprint costs which could pressure margins. The stock remains a play on the recovery of the Hindi heartland's media consumption and the company's robust cash position.
HMVL to Invest ₹21.66 Cr in Assetvault; FY26 Revenue Grows 9.9% to ₹739.64 Cr
Hindustan Media Ventures Limited (HMVL) has approved a strategic investment of up to GBP 1.67 Million (~₹21.66 Crore) in Assetvault Limited (AasaanWill). For the full financial year 2025-26, the company reported a 9.9% growth in consolidated revenue from operations, reaching ₹739.64 Crore. Despite an increase in EBITDA to ₹204.10 Crore, the Board has decided not to recommend any dividend for the fiscal year, and Profit Before Tax saw a slight decline to ₹162.62 Crore due to exceptional items.
Key Highlights
Approved investment of up to GBP 1.67 Million (~₹21.66 Crore) in equity shares of Assetvault Limited.
Consolidated revenue from operations for FY26 increased to ₹73,964 Lakhs from ₹67,310 Lakhs in FY25.
Annual EBITDA grew to ₹20,410 Lakhs in FY26 compared to ₹19,812 Lakhs in the previous year.
Board recommended no dividend for the financial year 2025-26.
Q4 FY26 revenue showed strong momentum at ₹21,553 Lakhs, up from ₹18,161 Lakhs in the same quarter last year.
👀 What to Watch
Investors should evaluate the long-term synergy of the Assetvault acquisition and monitor the company's cash allocation strategy, as the lack of dividends suggests a focus on reinvestment or capital preservation.
HMVL Q4 FY26 Revenue Up 18.7% YoY; Board Approves ₹21.66 Cr Investment in Assetvault
Hindustan Media Ventures Limited (HMVL) reported a strong Q4 FY26 with revenue from operations rising to ₹21,553 Lakhs from ₹18,161 Lakhs YoY. While full-year EBITDA improved to ₹20,410 Lakhs, the Profit Before Tax for FY26 dipped slightly to ₹16,262 Lakhs compared to ₹17,094 Lakhs in FY25, primarily due to exceptional losses of ₹1,634 Lakhs. The company has opted not to recommend a dividend for FY26, choosing instead to deploy capital into a strategic investment of ~₹21.66 Crore in Assetvault Limited (AasaanWill).
Key Highlights
Revenue from operations for Q4 FY26 grew 18.7% YoY to ₹21,553 Lakhs.
Full-year FY26 EBITDA increased to ₹20,410 Lakhs from ₹19,812 Lakhs in FY25.
Board approved a strategic investment of up to GBP 1.67 Million (~₹21.66 Crore) in Assetvault Limited.
No dividend was recommended for the financial year 2025-26.
Exceptional items resulted in a net loss of ₹1,634 Lakhs for the full year FY26.
👀 What to Watch
Investors should evaluate the strategic rationale behind the Assetvault investment and monitor if the revenue growth in the core media business can translate into higher net margins despite exceptional costs. The lack of dividend suggests a focus on growth and capital allocation towards digital/fintech ventures.
HMVL FY26 Revenue Grows 10% to ₹740 Cr; Board Approves ₹21.66 Cr Investment in Assetvault
Hindustan Media Ventures Limited (HMVL) reported a 9.9% increase in consolidated revenue for FY26, reaching ₹73,964 Lakhs compared to ₹67,310 Lakhs in FY25. While Q4 FY26 revenue grew significantly to ₹21,553 Lakhs, the full-year Profit Before Tax (PBT) saw a slight decline to ₹16,262 Lakhs from ₹17,094 Lakhs, primarily due to exceptional losses of ₹1,634 Lakhs. The company has opted not to declare a dividend for FY26, choosing instead to deploy capital into a strategic investment of ~₹21.66 Crore (GBP 1.67 Million) in Assetvault Limited (AasaanWill).
Key Highlights
Consolidated revenue for FY26 rose to ₹73,964 Lakhs, up from ₹67,310 Lakhs in the previous fiscal year.
Q4 FY26 revenue showed robust growth at ₹21,553 Lakhs versus ₹18,161 Lakhs in Q4 FY25.
Full-year EBITDA from continuing operations increased to ₹20,410 Lakhs from ₹19,812 Lakhs.
Board approved an investment of up to GBP 1.67 Million (~₹21.66 Crore) in Assetvault Limited.
No dividend was recommended for the financial year ended March 31, 2026.
👀 What to Watch
Investors should evaluate the strategic rationale behind the Assetvault investment and the impact of exceptional items on the bottom line. The decision to skip dividends suggests management is prioritizing growth and diversification over immediate cash payouts.
HMVL to Close OTTplay Business Operations; Unit Contributed 8% to FY25 Revenue
Hindustan Media Ventures Limited (HMVL) has announced the closure of new subscriptions for its OTTplay business effective March 31, 2026. The division accounted for Rs. 59.86 Crore in revenue during FY25, representing approximately 8% of the company's total turnover. Despite the revenue contribution, the unit had a negative net worth of Rs. 38.09 Crore, indicating it was a loss-making venture. The management decided to exit the business as it failed to meet the criteria for sustainable long-term profitability.
Key Highlights
OTTplay revenue of Rs. 59.86 Crore in FY25 accounted for ~8% of total company revenue.
The OTTplay division had a negative net worth of Rs. 38.09 Crore as of FY25.
New subscriptions will cease from March 31, 2026, while existing subscribers will continue to be supported.
The decision was driven by the unit's inability to meet sustainable long-term profitability criteria.
👀 What to Watch
Investors should monitor the impact of this exit on HMVL's bottom line, as removing a loss-making unit with negative net worth may improve overall consolidated margins despite the 8% drop in revenue.
HMVL to Invest ₹9.34 Crore in Organic Grocery Marketplace KSKT Agromart
Hindustan Media Ventures Limited (HMVL) has signed an agreement to invest up to ₹9.34 Crore in KSKT Agromart Private Limited, which operates the 'Kaze Living' organic food marketplace. The target company has shown rapid growth, with its turnover jumping from ₹1.17 Crore in FY23 to ₹12.99 Crore in FY25. HMVL intends to leverage its media assets to scale the brand and achieve capital returns in the future. The investment will be made through equity or compulsory convertible preference shares, with the final stake to be determined at conversion.
Key Highlights
Investment of up to ₹9.34 Crore in KSKT Agromart via cash consideration.
Target company turnover grew significantly from ₹1.17 Cr in FY23 to ₹12.99 Cr in FY25.
Acquisition expected to be completed by April 2026.
Strategic move to utilize HMVL's media reach for growth in the organic grocery and dairy sector.
Investment involves subscription to equity or convertible equity-linked instruments.
👀 What to Watch
Investors should view this as a small-scale strategic diversification into the high-growth consumer tech space. Monitor the company's ability to scale such investments using its media ecosystem for long-term value creation.
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.
👀 What to Watch
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.
👀 What to Watch
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
👀 What to Watch
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.
👀 What to Watch
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.
👀 What to Watch
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.
👀 What to Watch
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.
👀 What to Watch
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.
