Monthly Active Users (MAUs)
20M
-2M vs earlier peak
Digital news apps MAUs declined from ~22M earlier; management attributes to monthly fluctuations.
DB
Diversified
2026-04-??
DB Corp Ltd — Q4 FY26
DB Corp reported a steady Q4 FY26 with consolidated revenue of ₹589.6 crore (+4% YoY) and PAT of ₹62.2 crore (+18.8% YoY), driven by 6% advertising growth in print, partially offset by flat circulation.
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
DB Corp reported a steady Q4 FY26 with consolidated revenue of ₹589.6 crore (+4% YoY) and PAT of ₹62.2 crore (+18.8% YoY), driven by 6% advertising growth in print, partially offset by flat circulation. EBITDA margin expanded ~200bps YoY to ~20%, aided by cost control. Digital MAUs stood at 20 million, maintaining leadership in Hindi/Gujarati news apps. Radio segment added 7 new stations, all breakeven within 3 months. Management guided for continued single-digit ad growth in FY27, but flagged 6-8% newsprint cost inflation in Q1 FY27, which may pressure margins. Key risk: circulation volumes declined ~2% YoY to 39 lakh copies amid structural headwinds and delivery boy shortages.
Key Numbers
Circulation Copies
39L
-2% YoY
Circulation volumes dropped ~1 lakh copies YoY; management cites industry headwinds and delivery challenges.
Newsprint Cost per Ton
₹49,000
+2.1% QoQ
Average newsprint cost rose from ₹48,000 in FY26 to ₹49,000 in Q4; expected to rise 6-8% in Q1 FY27.
Radio Segment Revenue
₹35.8 Cr
flat YoY
Radio advertising revenue stable; 7 new stations added, all breakeven in 3 months.
Management Guidance
Advertising revenue growth of strong single-digit in FY27
Management expects continued strong single-digit advertising growth in FY27, with April showing double-digit growth.
Management guidance revenueEBITDA margin maintenance around 24-26%
Management believes maintaining EBITDA margin at current levels (24-26%) is achievable despite newsprint cost pressures.
Management guidance marginsNewsprint cost increase of 6-8% in Q1 FY27
Newsprint prices expected to rise 6-8% in Q1 FY27 due to global supply dynamics and rupee depreciation.
Management guidance otherCapex of ~₹120 crore for property buyouts
Company plans to spend ~₹120 crore on buying out rented properties for printing presses and offices to reduce rental costs.
Management guidance capexKey Risks
Newsprint cost inflation
Newsprint prices expected to rise 6-8% in Q1 FY27, which could compress margins if not offset by ad revenue growth.
high · management_commentaryCirculation volume decline
Circulation dropped ~2% YoY to 39 lakh copies; structural headwinds and delivery boy shortages may persist.
medium · analyst_questionDigital monetization uncertainty
Digital business has 20M MAUs but no clear timeline for meaningful revenue; new hire yet to show results.
medium · analyst_questionGeopolitical impact on advertiser sentiment
PM's call for restrained discretionary spending may affect advertising in jewelry, real estate, and auto sectors.
medium · analyst_questionNotable Quotes
We believe that the maintaining of this number this margin should be achievable.
Print as a medium continues to perform consistently for us and continues to demonstrate resilience despite the perception in some sections that print is a declining medium.
We are slowly and gradually trying to buy out these properties so that we don't have to pay the rent.
Frequently Asked Questions
What was DB's revenue in Q4 FY26?
DB reported revenue of ₹590 Cr in Q4 FY26, representing a +4% change compared to the same quarter last year.
What guidance did DB management give for FY27?
Advertising revenue growth of strong single-digit in FY27: Management expects continued strong single-digit advertising growth in FY27, with April showing double-digit growth. EBITDA margin maintenance around 24-26%: Management believes maintaining EBITDA margin at current levels (24-26%) is achievable despite newsprint cost pressures. Newsprint cost increase of 6-8% in Q1 FY27: Newsprint prices expected to rise 6-8% in Q1 FY27 due to global supply dynamics and rupee depreciation. Capex of ~₹120 crore for property buyouts: Company plans to spend ~₹120 crore on buying out rented properties for printing presses and offices to reduce rental costs.
What are the key risks for DB in FY27?
Key risks include Newsprint cost inflation — Newsprint prices expected to rise 6-8% in Q1 FY27, which could compress margins if not offset by ad revenue growth.; Circulation volume decline — Circulation dropped ~2% YoY to 39 lakh copies; structural headwinds and delivery boy shortages may persist.; Digital monetization uncertainty — Digital business has 20M MAUs but no clear timeline for meaningful revenue; new hire yet to show results.; Geopolitical impact on advertiser sentiment — PM's call for restrained discretionary spending may affect advertising in jewelry, real estate, and auto sectors..
Did DB meet its previous quarter's guidance?
Scorecard data is being built as historical quarters are processed.
Where can I read the full DB Q4 FY26 concall transcript?
The full earnings conference call transcript or source release is available on the linked source material. This page provides an AI-generated summary with filing verification status shown on the financial stats.