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Cyber Media Research & Services Limited (CMRSL)

📊 NSE: CMRSL 🏢 Computers - Software - Medium / Small 📢 Latest filing: 26 Aug 2026 📝 Analysis written: 13 Dec 2025

Q2 FY27 results

📅 Next results: 26 Oct 2026 (board meeting)

Cyber Media Research & Services Limited's board meets on 26 Oct 2026 to consider its Q2 FY27 results (July-September 2026).

In its latest reported quarter, Q4 FY26, Cyber Media's revenue was ₹25.4 Cr (+38.4% year on year, +13.9% on the previous quarter), and net profit ₹1.0 Cr (+147.6% year on year); the operating margin was 4.5%.

Q4 FY26 (₹ Cr)	Value	YoY vs Q4 FY25	QoQ
Revenue	₹25.4	+38.4%	+13.9%
Operating profit	₹1.1	+103.6%	-6.6%
Net profit	₹1.0	+147.6%	+89.1%
EPS (₹)	3.55	+148.3%	+88.8%
Operating margin	4.5%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

CMRSL Shareholders Approve All 4 AGM Resolutions with 100% Votes in Favour

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Aug 2026, 08:03 PM

Cyber Media Research & Services Limited (CMRSL) released the voting results and scrutinizer report for its 30th Annual General Meeting held on August 25, 2026. All four resolutions presented were approved unanimously with 100% votes in favour out of total votes polled. The passed resolutions include the adoption of FY26 audited financial statements, declaration of dividend for FY26, re-appointment of director Mr. Pradeep Gupta, and the appointment of Mr. Thomas George as Whole-Time Director. Total votes polled stood at 15,97,260 representing 54.55% of outstanding shares.

All 4 ordinary and special resolutions approved with 100% of votes cast in favour
15,97,260 votes polled across 29,28,000 total shares, representing a 54.55% turnout
Special resolution passed approving the appointment of Mr. Thomas George as Whole-Time Director
Adoption of FY26 financial statements and declaration of dividend for FY26 formally approved

💡 Track the dividend disbursement timeline/record date as well as strategic initiatives under the newly appointed Whole-Time Director in upcoming quarterly results.

CMRSL Concludes 30th AGM; Resolves on Rs 2/Share Dividend & Director Appointment

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 25 Aug 2026, 04:36 PM

Cyber Media Research & Services Limited conducted its 30th Annual General Meeting on August 25, 2026. Key agenda items put to shareholder vote included the adoption of FY26 annual accounts, declaration of a Rs. 2 per share dividend (20% of Rs. 10 face value), and the appointment of Mr. Thomas George as Whole-Time Director. Additionally, the Chairman provided updates regarding FY26 financial performance and the company's proposed merger with its parent entity.

30th AGM concluded on August 25, 2026, with 11 members attending via video conferencing.
Proposed declaration of Rs. 2 per equity share dividend (20% on Rs. 10 face value).
Special resolution presented for appointing Mr. Thomas George as Whole-Time Director.
Chairman updated shareholders on the progress of the merger with the parent company.

💡 Monitor exchange filings for the Scrutinizer's report confirming voting outcomes, record date announcements for the dividend, and formal regulatory updates on the parent merger.

CMRSL sets August 19, 2026, as Record Date for FY26 Final Dividend

🟡 NEUTRAL ⭐ 4/10

DIVIDEND 📅 03 Aug 2026, 11:05 AM

Cyber Media Research & Services Limited (CMRSL) has officially fixed August 19, 2026, as the record date for determining shareholder eligibility for the FY 2025-26 final dividend. This follows a financial year where the company reported a net profit of Rs 3.48 Cr, a 50% increase from Rs 2.32 Cr in FY25. Given the company's small market capitalization of Rs 20 Cr, the dividend payout is a notable event for its retail-heavy shareholder base. The final payment remains subject to approval at the upcoming Annual General Meeting.

Record date for FY26 final dividend fixed for August 19, 2026
Company reported FY26 net profit of Rs 3.48 Cr, up from Rs 2.32 Cr in FY25
Market capitalization stands at approximately Rs 20 Cr as of August 2026
TTM EPS is reported at Rs 11.88, supporting the dividend capacity
FY26 total revenue reached Rs 90.82 Cr with an operating margin of 5.11%

💡 Investors interested in the dividend must hold the shares before the ex-dividend date (typically one business day prior to the record date). Monitor the upcoming AGM for the specific dividend amount per share and the final approval status.

View All CMRSL Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Digital Services revenue fell 13.8% to INR 7,593.71 Lakhs in FY25 from INR 8,808.93 Lakhs in FY24. Overall consolidated revenue from operations decreased by 14.09% to INR 7,502.63 Lakhs.

Geographic Revenue Split

Not disclosed in available documents; however, the company plans to expand into international markets in FY 2025-26.

Profitability Margins

PAT margin fell to 3.05% in FY25 from 4.08% in FY24. PBT margin declined to 3.86% from 5.60% YoY. These declines were primarily driven by a 14.09% reduction in revenue from operations while fixed costs remained relatively stable.

EBITDA Margin

EBITDA margin was 4.98% in FY25, down from 7.78% in FY24, representing a 36% decline in margin efficiency due to reduced advertiser spends.

Capital Expenditure

Not disclosed; management declined to share specific investment figures for the development of the CMGalaxy product.

Credit Rating & Borrowing

Not disclosed in available documents; however, the Interest Coverage ratio fell from 7.10 to 5.10 times YoY.

⚙️ Operational Drivers

Raw Materials

Not applicable (Service-based company); primary costs are Digital Media Spends and Technology Infrastructure.

Key Suppliers

Google, Meta, and LinkedIn (Platform partners for media buying and programmatic services).

Capacity Expansion

Not applicable; focus is on team expansion and technology investment rather than physical capacity.

Raw Material Costs

Operating expenses for Digital Services were INR 7,300.48 Lakhs, representing 96.1% of segment income.

📈 Strategic Growth

Growth Strategy

CMRSL is transitioning to product-led revenues via CMGalaxy, an AI-native SaaS platform. The strategy includes merging performance and programmatic units to increase outreach, integrating AI workflows (ChatGPT/Gemini) to improve competitiveness, and expanding into international markets in FY 2025-26.

Products & Services

CMGalaxy (SaaS platform), Auxo Ads (Programmatic media buying), Market Trackers, Custom Dashboards, Performance Marketing, and Media Buying services.

Brand Portfolio

CMRSL, CMGalaxy, Auxo Ads.

New Products/Services

CMGalaxy (SaaS platform) and AI-driven marketing solutions; specific revenue contribution % not disclosed.

Market Expansion

Targeting international markets in FY 2025-26 to drive long-term growth.

Strategic Alliances

Google, Meta, and LinkedIn.

🌍 External Factors

Industry Trends

Digital spend is dominated by FMCG (32% at INR 18,541 Cr) and E-commerce (11% at INR 6,131 Cr). Trends include a shift to programmatic buying and AI-driven marketing solutions.

Competitive Landscape

Competing as a single-stop shop in a market where FMCG and E-commerce are the largest spenders; competing against other digital agencies and programmatic platforms.

Competitive Moat

Moat is built on a proprietary technology stack (CMGalaxy/Auxo Ads), brand position as a 'single-stop shop', and high customer retention in the programmatic space.

Macro Economic Sensitivity

High sensitivity to advertiser budgets; revenue fell 14.09% in FY25 due to reduced spends across advertisers linked to economic conditions.

Consumer Behavior

Shift toward online videos (28% share), social media marketing (23%), and paid search (18%).

Geopolitical Risks

Global geo-political uncertainty is cited as a factor impacting digital marketing evolution and advertiser confidence.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with Companies Act 2013 and SEBI Listing Regulations; internal financial controls were verified as adequate and operating effectively as of March 31, 2025.