DB Management Guidance Tracker

14 new radio stations to be operational by end of Q1 FY27, with 7 standalone stations starting by March/April 2026.

Government approved 26% increase in print ad rates; implementation underway and impact visible from Q4 FY26.

Management expects continued strong single-digit advertising growth in FY27, with April showing double-digit growth.

Digital business currently loss-making but burn rate expected to become negligible as revenue scales.

Management believes maintaining EBITDA margin at current levels (24-26%) is achievable despite newsprint cost pressures.

Newsprint prices expected to rise 6-8% in Q1 FY27 due to global supply dynamics and rupee depreciation.

Company plans to spend ~₹120 crore on buying out rented properties for printing presses and offices to reduce rental costs.